The Ghana Stock Exchange (GSE) will introduce an electronic platform in 2019 where investors can use mobile money to buy shares and trade on the secondary market.
Managing Director of the Ghana Stock Exchange (GSE) Kofi Yamoah says he doubts report that Agricultural Development Bank (ADB) is working to delist from the market.
The Ghana Stock Exchange (GSE) has failed a historic test of raising a combined amount of GH¢4.7 billion in six months, due to low investor interest in the bourse occasioned by the closure of seven banks.
It’s been a rough year for South African stocks, but signals are emerging that they are set for a rebound in 2019.
Ghana stocks are tipped to gain next year after a disappointing 2018, as a banking industry clean-up bears fruit and economic growth picks up speed in the world’s second-biggest cocoa producer.
UMB Investment Holdings Limited and UMB Stockbrokers Limited have partnered with the Young Investor Network to launch the UMB Investment Holdings Young Investor Challenge.
Airtel Africa, a unit of Indian telecom operator Bharti Airtel Ltd, said it had appointed eight banks for an intended initial public offering (IPO) on an international stock exchange.
Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive mineral royalties, said Finance Minister Ken Ofori-Atta.
Barely a week ago, Ghana recorded the first ever electronic trading of a commodity. The Ghana Commodity Exchange (GCX), a national multi-commodity exchange commenced trading in spot contracts for maize - a move that would help farmers get the true value of their goods.
SoftBank is getting ready for a blockbuster IPO. The Japanese company said Monday it plans to sell 2.4 trillion yen ($21 billion) worth of stock in its mobile telecoms unit. That would make it the world's biggest IPO since Alibaba (BABA) went public in New York in 2014.
Ghana commodity exchange is expected to create about 200,000 jobs for farmers and traders in the value chain, Finance Minister Ken Ofori-Atta has said.
Energy Commercial Bank Limited has extended its Initial Public Offer (IPO) that was expected to end on Friday 2nd November 2018 to 16th November 2018.
The Ghana Commodity Exchange is now expected to go fully operational from November this year.
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd.
The 2018 edition of the Capital Market Week celebrations will focus on intensive public awareness on activities of the capital market, organisers have said.
GN Insurance Holding Company has hinted it will be listing on the Ghana Stock Exchange (GSE) to offer an opportunity for Ghanaian investors to own part of the company.
Togolese lender Oragroup SA is planning to raise 56.9 billion CFA francs ($100 million) in the biggest initial public offering for West Africa’s regional exchange.
The Ghana Commodity Exchange (GCX) has registered various market actors as members including Ghanaian farmers in an effort to forge a long-term partnership with smallholder farmers.
The Ghana Commodity Exchange (GCX) and the IFC have jointly trained farmer cooperatives and other market actors, in various districts in the country.
Ghana, a country on the West Coast of Africa, is one of the fastest growing economies on the continent. The country’s economy is dominated by agriculture with 55 per cent or more of the population employed as smallholder farmers with, in turn, a significant share of their produce going to waste because of post-harvest losses.
The Bank of Ghana is revising its policies and guidelines that will make it easier for all banks to list on the Ghana Stock Exchange.
Energy Commercial Bank has launched its Initial Public Offer to raise GH₵340 million in shares from the Ghanaian investing public.
In response to a range of corporate scandals, speculation and innuendo that have characterised South African financial markets over the past year, the Johannesburg Stock Exchange (JSE) is embarking on a public consultation process.
Equity market indices posted mixed performances, with the index for the financial sector weighed on by speculative actions, profit talking and heightened uncertainties ahead of the deadline for the new minimum capital requirements for banks.
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.
Naspers today announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange and simultaneously to unbundle the shares in this business to its shareholders.
The Ghana Stock Exchange (GSE) last week had Ghana’s telecommunication giant – MTN Ghana Ltd, listed after successfully attaining the minimum requirement for enlistment.
World shares were flirting with their longest run of declines since early 2016 on Monday, hit by rising anxiety about the U.S.-China trade war and another interest rate increase by the Federal Reserve later this month.
When MTN started trading shares on the Ghana Stock Exchange (GSE) Wednesday, it didn’t expect its market value to swell to a four percent increase in equity.
Official figures from MTN’s Initial Public Offer (IPO) indicates that about GH₵444m out of the GH₵1.14 billion raised came from Ghanaians, representing about 38.69%.
Shares in MTN Group plunged as much as 19 percent on Thursday, a day after Nigeria ordered the South African telecoms group and its bankers to return $8.1 billion.
The Ghana Stock Exchange (GSE) has suspended the listing status of Pioneer Kitchenware Ltd (PKL) with immediate effect.
Two companies on the Ghana Stock Exchange, Aluworks and the Cocoa Processing Company could be delisted by December 2018 over lack of compliance.
Uganda has asked the local unit of South African telecoms giant MTN Group to list some of its shares on the local stock exchange as a condition for renewing its operating licence, a top official has said.
The Securities and Exchange Commission (SEC) has ordered fund management companies to stop issuing fixed-term/guaranteed returns to clients.
The Security and Exchange Commission (SEC) is to establish the Ghana Commodity Exchange, a regulatory body, to streamline activities in the agricultural sector and promote growth.
At least 20 out of 34 companies listed on the Ghana Stock Exchange (GSE) have failed to comply with the International Financial Reporting Standards (IFRS) as required by law, an independent study has found.
Belstar Capital Limited has expressed surprise at the Bank of Ghana's annulment of the share purchase of four institutions in Agricultural Development Bank.
The Ghana Stock Exchange (GSE) has suspended trading in the shares of Agricultural Development Bank Ltd.
MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria’s securities regulator said.
Dangote Cement Plc, Africa’s biggest producer of the building material, may carry out its long-planned listing of shares in London after Nigerian elections early next year, as it considers expansion through takeovers.
The Ghana Stock Exchange has recorded a profit of GH¢12,368,456 for the year ended 31 December 2017.
Telecom operator, MTN, and four banks are putting the Ghana Stock Exchange (GSE) to a historic test by seeking to raise a combined amount of GH¢4.67 billion on the market in a space of six months, fuelling concerns that it will dry up investor funds for future transactions.
Trading in the mid-week session on the Ghana Stock Exchange (GSE) saw the market rebound into positive territory following gains in four counters, Nordea Capital Investment Stock review of trading in Accra revealed.
Vodafone Ghana has indicated it would be able to list on the Ghana Stock Exchange (GSE) after dealing with some debt restructuring issues with the government.
Brexit, the UK’s decision to leave the European Union, is having a global ripple effect as countries prepare to deal with the effects. Many African countries enjoy a close trading relationship with the UK.
World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase.
Market sentiments remained bearish for May as the Ghana Stock Exchange (GSE) - Composite Index failed to find support at the 3,400 levels. The benchmark index closed the May transactions at 3,167.5 points.
Barclays Africa plans to join the Nigerian Stock Exchange as a broker in July and is exploring opportunities in three other African countries.
Equity indices on the local bourse softened to its lowest in five months as recent downward pressure from the financial, energy and consumable sector stocks dimmed the hard-earned bullishness of the market.
Ghana Stock Exchange (GSE) has managed to restore its website after it was hacked early Monday.