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Tag Archives: TANOE

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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Tunisian businesses urged to invest in Ghana

Players in the business community have asked Tunisian investors to take advantage of Ghana’s stable socioeconomic and competitive environment by partnering their Ghanaian counterparts to establish multinational companies that can profit Africa’s over 1.2 billion consumers. At a business forum on Tuesday, January 15 in Accra, government officials, manufacturers, exporters, …

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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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GN Bank-Premium Bank to merge by December 31

Snippets of information picked up by Joy News indicate that two indigenous banks, GN Bank and Premium Bank are set to complete their merger processes by close of 31st December 2018. A source at the Central Bank disclosed that, “BoG has in principle agreed to the merger talks of GN …

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