Author Archives: Businessghana

GSIA launches 2018 Capital Market Week.

Capital Market Week

The  Ghana Securities Industry Association has stressed the need for good corporate governance at the launch of the 2018 Capital Market Week at the Ghana Stock Exchange in Accra on 22nd October 2018. The launch was held on the theme “The Role of Good Corporate Governance in the Transformation of Ghana’s Capital Markets”.   Speaking to the media, the Executive ...

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SEC intensifies monitoring on Ghana Stock Exchange

SEC

The Securities and Exchange Commission(SEC) has set up a monitoring team to ensure all firms abide by the conditions associated with their listing on the Ghana Stock Exchange(GSE). The commission says it will be cracking the whip on firms that default on their listing obligations. Already some firms have been given up to December 2018 to get their financial records ...

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Why you Need to be on LinkedIn as a Graduate

LinkedIn

Essentially the dream and wish of every student are to get a job. But most of us (writing as a student) do not even know how powerful LinkedIn is. Do you even know what the heck Linkedin is? NO. But here is what you need to know about the valuable tool that would help you get your dream career job ...

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SIC Insurance will use MoMo to spur penetration

SIC Insurance, one of the country’s biggest insurers, has said it will soon outdoor an innovation that allows customers to purchase non-life insurance policies using mobile money, among other mobile payment channels, as part of plans to consolidate its market position. Speaking at a media interaction over the weekend, its Managing Director, Stephen Oduro, said the indigenous insurance company is ...

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Agyarko’s 3 deputies must go too – IES

The Institute for Energy Security (IES), an energy think tank, has said President Addo Dankwa Akufo-Addo must sack all three deputies of former Energy Minister, Boakye Agyarko, over the failed AMERI power renegotiation agreement. Executive Director of the Institute, Paa Kwasi Anamua Sakyi, said in a statement that it cannot be the case that Mr Agyarko acted alone in the controversial ...

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Meet PetroChina the company that beats Apple to 1 trillion Market Cap

PetroChina

Apple claimed the title yesterday, becoming the first U.S. publicly traded company to hit the 12-zero mark. However, you might be surprised to find that Apple is not the first company to achieve this distinction. Even more surprising: You’ve probably never heard of the company that beat it, PetroChina (NYSE:PTR). Petro-who? PetroChina is a state-controlled company in China, and when it went public, it ...

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What you should know about the GN Bank, Premium Bank & Sahel Sahara Bank Merger

GN Premium Sahara Merger

The literature on how M&A impacts value pre- and post-merger or acquisition, is checkered. There is evidence to support the view that M&A in most cases tend not to deliver on the value proposition that was originally intended. The scholarly thought appears to converge on this fact. For instance, Barnoh & Adu-Twumwaah (2015), citing Brealy and Myers (2010), argues that ...

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Personal Finance 101: How to start budgeting

Budgeting

Why budgeting? that’s the thought that comes to mind whenever professionals are paid at the end of the month. Whenever the salary drops in the account, all kinds of expenses come to mind. Sometimes, you always think “after all next month’s salary go happen so why I for plan for the month. I am sure there have been cases where ...

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Pass “Proper Test” before going Digital – BOG

MFI Digital Space

Microfinance companies interested when introducing digital products and services, including agency banking and mobile money, must first meet the central bank’s ‘fit and proper test’ including GH¢2million minimum capital. Head of Payment Systems at the central bank, Dr Settor Amediku, told players in the Microfinance space at the annual general meeting of the Ghana Association of Microfinance Companies (GAMC) that ...

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Cocoa Prices on the International Market Tumble

Cocoa Prices

Prices of cocoa on the international market have begun to tumble due to investors expectations of an imminent increase in production from top growing countries, Côte d’Ivoire and Ghana. Côte d’Ivoire, which is the world’s largest producer, is projecting a production of about 1.9 million tonnes, while Ghana is hopeful of meeting its 850,000 tonnes target for the season, something ...

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