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Dangote Cement plans to sell $833m in bonds for expansion

Dangote Cement Plc said it got approval from Nigerian regulators to issue 300 billion naira ($833 million) in local-currency bonds as it seeks to fund expansion and refinance debt.

Facebook’s value plunges $37bn on data controversy

Facebook shares took a big hit Monday, shaving about $37 billion off the value of the company.

CPC re-strategizes for maximum gains

A number of operational decisions taken lately by the management of Cocoa Processing Company (CPC) have started yielding fruit promising to bring the company back to profitability.

Latest Stories From Stock Market
GAX to list 50 companies by 2020

Despite listing only four companies on the Ghana Alternative Exchange (GAX) since its launch in 2013, managers of the exchange have targeted listing some 50 companies by 2020.

Posted: 12 days ago   Views: 3649
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Energy Bank to list on Ghana Stock Exchange

Energy Commercial Bank has hinted of moves to list on the Ghana Stock Exchange to allow investors to own shares in the bank.

Posted: 16 days ago   Views: 3612
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GSE suspends trading in adb shares

Ghana Stock Exchange suspends trading in the Agriculture Development Bank shares effective Wednesday.

Posted: 17 days ago   Views: 4843
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Digicut set to list on Ghana Alternative Market to raise GH¢2.8m

Advertising firm Digicut has secured approval from the Securities and Exchange Commission to list on the Alternative Market of the Ghana Stock Exchange.

Posted: 23 days ago   Views: 4655
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Afreximbank to sell shares on three bourses to fund growth

African Export-Import Bank plans to sell shares in Nigeria and two other African countries to support lending and broaden its ownership base.

Posted: 24 days ago   Views: 3444
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Facebook to pay $35m to settle lawsuit over IPO

Facebook Inc. agreed to pay $35 million to settle claims that its officers and directors misled investors in the company’s 2012 initial public offering.

Posted: 25 days ago   Views: 3897
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MTN’s IPO could face challenges if restricted to local investors – Investment Analyst

Investment Analyst, Mahama Idrissu, has warned that MTN’s planned Initial Public Offering could face some challenges if it is restricted to local investors.

Posted: 29 days ago   Views: 7002
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Cash-rich pension funds in Ghana drive world-beating stock

A flood of money from private pension funds has driven a 33 percent surge in Ghana’s benchmark stock index this year, giving the West African country the world’s best-performing equities.

Posted: 1 month ago   Views: 5520
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GIPC supports MTN’s listing on the GSE

Ghana Investment Promotion Center, GIPC, has expressed its commitment to give MTN the necessary approvals to aid its listing on the Ghana Stock Exchange by June this year.

Posted: 1 month ago   Views: 4759
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Africa's richest man to revive Dangote Cement London IPO

Dangote Cement Plc, owned by Africa’s richest man, has revived plans for a share sale in London that could raise about $1 billion, according to people familiar with the matter.

Posted: 1 month ago   Views: 8717
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