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Tag Archives: ghana

Gov’t begins moves to issue US$ 3bn in bonds

Government on January 13, 2018 through the Ministry of Finance initiated processes for the issuance of US$ 3 billion in sovereign bonds on the International Capital Market (ICM) under its 2019 international funding programme. The process began with the request for written proposals from reputable domestic financial institutions and investment …

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Moody’s lauds banking sector reforms

International rating agency Moody’s has lauded the Bank of Ghana (BoG) for carrying out much-needed banking sector reforms within the specified time. “The recapitalisation exercise’s completion within the planned timeframe shows BoG’s willingness to strictly enforce prudential regulations. Improved supervision quality and corporate governance will gradually boost confidence in the …

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Fixed income investments outperform equities in 2018

As trading on Ghana’s financial markets winds down as the end of year festivities commence, equity investors are looking at their counterparts who invested primarily in fixed income securities in 2018 with envious eyes. This is because, fixed income securities, comprising government treasury bills, notes and bonds, as well as …

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Standard Chartered Bank emerges most credible bank

Standard Chartered Bank Ghana Limited has emerged the most credible bank from a list of twenty Ghanaian banks surveyed by Credmap Technology, an institution that focuses on using innovative technology to rank the credibility of institutions and individuals. A statement issued by Credmap explained that the firm used a novel …

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Financial stability: World Bank gives Ghana $30m support

The World Bank has approved a $30 million International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the …

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Ghana, Cote d’Ivoire cement cooperation agreement on cocoa

Ghana and Ivory Coast have agreed on an implementation plan to concretise the Abidjan Declaration, which seeks to address challenges in cocoa production within the framework of the Strategic Partnership Agreement. The Strategic Partnership Agreement binds the two countries in even closer intimacy and demands that they work together to …

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