Financial economics
Policy Rate Cut Not Interest Rate Panacea
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has indicated that the recent...
Ghana’s Public Debt Hits 72.5% of GDP
Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the...
Ghana’s Monetary Policy Rate Pegged At 23.5%
The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point...
Industry Upbeat About A Drop In Policy Rate
Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later...
BoG Expected To Cut Policy Rate
The Monetary Policy Committee of the Central Bank of Ghana (BoG) is widely expected to loosen its tight monetary...
US Raises Interest Rates 0.25 Percent Amid Growing Confidence
The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by...
Revised Local Content Policy To Compel Multinationals To List On GSE
Multinationals operating in the country could soon be asked to list on the stock market as part of proposed changes to...
Snap Shares Drop 4 Percent, Fall Below $20 For the First Time
New York Stock Exchange (NYSE) with a Snap Inc. logo hunging on the front Snap Inc shares tumbled below $20 on Thursday...
February Inflation Drops Marginally To 13.2%
Ghana has recorded a 13.2% in its year-on-year inflation for February 2017 being the lowest inflation recorded since...
Central Bank of Nigeria Injects $195m Into Forex Market
The Central Bank of Nigeria (CBN) yesterday said it will inject $195 million comprising of $150 million for the...
Millennial Love For Snapchat Extends To the Stock
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of...
Financial and Agro-Processing Stocks To Lead Market Gainers This Week
On the Ghana Stock Exchange (GSE,) trading activity in terms of volumes on the stock market decreased by 8.09% in the...
Kenyan Stocks At Its Worst This Year, Set To Fall Even Further
Kenya’s stock market, which is the biggest in East Africa, has seen its fortunes turn negative with the decline...
Snap Perks Up After Initial Rush of Short Sellers
Shares of Snap Inc (SNAP. N) rebounded on Wednesday following a steep selloff while an initial rush to short sell the...
As Wall Street Surges, More Are Worried About Valuation
The US stock market's surge since the election has reignited a debate on valuation and whether the market can go higher...
US Jobless Claims Hit 44-Year Low At End of February
The tight US labor market produced another record low for new claims for unemployment insurance last week, which hit...
Snap To Price Long-Awaited IPO On Wednesday Amid Signs of Brisk Demand
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U. S. stock market...
Federal Reserve May Raise US Rates ‘fairly Soon’
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong,...
Banks Position Themselves For Recapitalization
Commercial banks across the country are confident of meeting the new minimum capital requirement yet to be set by the...