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Gold Coast welcomes move by SEC to restore investor confidence

Gold Coast Fund Management (GCFM) has welcomed confirmation by the Securities and Exchange Commission (SEC) that it is seriously engaging with the company to...

Financial sector regulators must collaborate …to bring down interest rates,...

Senior Minister Yaw Osafo Maafo has called for increased collaboration between the Bank of Ghana (BoG), National Insurance Commission (NIC), National Pensions Regulatory Authority...

Let’s not just admire Singapore and co. but copy them –...

Ghanaians cannot simply be expressing admiration for the economic successes of countries like Malaysia and Singapore without studying and picking lessons to replicate for...

SEC open to review of fixed deposits deadline for fund managers

The Securities and Exchange Commission (SEC) has indicated its willingness to review its stance on a deadline directive given to fund managers in relation...

Stressed MFIs put GH¢1.18bn of AUM at risk   …some...

Asset management companies have come under pressure as a total of GH¢1.18billion of investors’ monies they have placed with microfinance and saving and loans...

Energy Commercial Bank launches IPO to raise GHc340m …offering majority...

The Energy Commercial Bank has launched an Initial Public Offering (IPO) to raise at least GH¢340million to, among other things, meet the Bank of...

Energy Commercial Bank gets SEC approval to raise GH¢340m

Energy Commercial Bank has received approval from the Securities and Exchange Commission (SEC) to raise GH¢340 million in shares from the Ghanaian investing public. Prior...

‘Writing on the wall’

The writing has been on the wall for some time now, and hence it comes as little surprise that the Securities and Exchange Commission...

Stop dealing in gold-backed depository notes…SEC directs Menzgold

The Securities and Exchange Commission (SEC), the securities industry regulator, has directed Menzgold Ghana Limited to shut down immediately its business of trading in...

HFC set to raise GH¢255m in rights issue …sets April...

HFC Bank has given indication it will raise an additional GH¢255million through a renounceable rights issue, in a bid to meet the GH¢400million new...

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