While a significant majority of Ghana’s wealthiest individuals continue to shun its local bourse – preferring to build their fortunes through privately-owned companies – a tiny handful of high net-worth individuals keep a portion of their investment portfolios in listed equities on Ghana’s largely illiquid stock market.
An Energy Expert, Dr Yussif Suleimana, has said the Bank of America's planned valuation of Aker Energy’s oil blocks following Ghana National Petroleum Corporation's intention to increase stakes in the blocks is a good step.
The German Federal Ministry for Economic Cooperation and Development has awarded a grant of €100,000 for the training of 90 small and medium enterprises (SMEs) in Ghana to improve on their competitiveness, including workplace practices.
The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Dr K.K. Sarpong has opened up for the first time about Corporation’s move to increase stakes in the Aker/AGM blocks.
Companies engaged in the mining sector in the northern part of the country have been called upon to do the right things to ensure that their operations do not cause damage to the environment.
A tribunal of the London International Court of Arbitration (LCIA) has issued an award in favour of the Bank of Ghana in a suit filed by Sibton Switch Systems Limited, an IT giant.
The successful rollout and adoption of the Pan-African Payment and Settlement System (PAPSS) could diminish the clamour for a regional or continent-wide single currency, Executive Vice President – Finance, Administration and Banking Services, Afreximbank, Denys Denya has suggested.
Former Finance Minister, Seth Tekper is cautioning the government not to breach the Public Financial Management Act by making sure the $1 billion dollar in Special Drawing Rights (SDR) from the International Monetary Fund goes through the Appropriation Act- an act of Parliament- before being spent.
President Nana Akufo-Addo on Tuesday rallied German investors and industrialists to invest in Ghana because of the conducive and vibrant business atmosphere in the country.
“We will continue to create and maintain the conducive investment environment that not only guarantees the safety of investments, but good returns as well. We will continue to protect legitimate investments, and preserve the atmosphere of peace, stability and security that has been an important contributor to the increasing presence of German businesses in Ghanaâ€.
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh has announced a partnership with 6 other multinationals to build a comprehensive subsea data cable to serve the African continent and the Middle East region.
