The Bank of Ghana (BoG) has dismissed the purported takeover of the Agricultural Development Bank (ADB) by another local bank, Unibank Ghana Limited. “Just to clarify… the Central Bank has not...
The Ghana Stock Exchange has suspended the trading of Agricultural Development Bank (ADB) shares on the Ghana Stock Exchange effective March 7, 2017. A statement from the Ghana Stock Exchange...
Barely eight days into the ultimatum given to the president by the Minority in Parliament to sack the Finance Minister for his involvement in the infamous ‘$2.25 billion Kenbond saga’, the...
President Nana Addo Dankwa Akufo-Addo has expressed pride in the Ghana Stock Exchange, touting it as the best performing exchange in the world for January, 2018. Delivering his 2nd State of the...
Cocoa Processing Company (CPC) is in talks with a syndicate of banks to restructure its $20.5 million debt to be payable in five years, Nana Agyenim Boateng, the Managing Director, said on Tuesday....
The Cocoa Processing Company (CPC) is asking government for bailout to help boost its operation. This is on the back of reports that the company is struggling due to a staggering $100 million debt....
Ahead of today’s presentation of the 2018 Budget to parliament, the Ministry of Finance has been touting some of the key policy initiatives in the 2017 budget that have been achieved by the...
News broke this morning , that the Bank of Ghana (BoG) has revoked the licences of UT and Capital banks from operating as independent commercial banks in Ghana; a development that literally means...
The Ghana Stock Exchange (GSE) has suspended the listing of UT Bank Limited indefinitely and this follows the forceful takeover of UT by Ghana Commercial Bank. The suspension follows the revocation...
Benso Oil Palm Plantation (BOPP) shares continue to record daily gains on the local bourse especially in Q2-2017. Backed by years of continuous research in healthy seeds production, BOPP has...
Citi Business News can confirm that President Akufo Addo has nominated Dr. John Kofi Mensah as the new MD of Agricultural Development Bank (adb). Dr. Mensah’s nomination is subject to approval by...
Investment fund managers are upbeat of the impact of the disbursement of the fourth tranche of the IMF’s extended credit facility, on the stabilization of the cedi. They believe the move should...
Enterprise Limited (Enterprise Group) has informed the Ghana Stock Exchange of an impending transaction to introduce a new strategic partner in place of Salam Emerging Markets Proprietary Limited of...
Enterprise Group, a Ghanaian insurance company has substituted Sanlam, its South African partner, with US-based Leapfrong Financial, in a transaction that will see its capitalisation rise more than...
Enterprise Group Limited (Enterprise Group) has informed the Ghana Stock Exchange that South Africa’s largest insurer Sanlam Ltd has sold its US$ 130 million stake in the company. Sanlam Emerging...
South Africa’s largest insurer, Sanlam Ltd., has sold its stake in Ghanaian holding company, Enterprise Group’s Insurance business for $130 million but will retain a presence in the country,...
Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group. The...
Continuous dip in some key commodity prices on the world market is likely to impact the output of certain commodity-bound listed companies on the Ghana Stock Exchange. The world price of Crude Oil...
Government has appointed Fidelity Bank and Standard Chartered Bank as Joint Lead Managers for the issuance of a long-term bond to tackle the energy sector legacy debts. As lead managers, the two...
It was Tuesday 30th May 2017. Many Ghanaians had woken up to viral videos of the gruesome killing of a soldier. That soldier turned out to be Captain Maxwell Adam Mahama, now Major. The news, in no...
