Tag Archives: MARKETS

Ghana’s Finance Minister, Ken Ofori-Atta has announced that it would take a while for the country to return to the international capital market. According to him, it may take at least three or more years. Ken Ofori-Atta explained that, although this new development may look like a challenge, it presents the country with …

Investments are generally motivated by the desire for profit; each investor aims to use his money profitably to generate significant returns. As a result, investors may decide to put their money into one or more of the available investment classes, including bonds, stocks, cash equivalents, real estate, various commodities, etc. …

Traders in parts of the Ashanti Regional Capital Kumasi fear the infiltration of their money with fake GH¢200 cedi notes as fraudsters invade markets. Residents of Buokrom B Line on Friday, July 22, 2022, accosted a fraudster who approached vegetables, plantain, and cassava sellers with counterfeit currency to make purchases. …

Roads leading to villages and food-producing communities in most places in Africa, especially in Ghana, are often bad and difficult to ply. South Africa-based electric vehicle manufacturer is therefore set to introduce an EV Pick-up truck which is utility in model for hard-to-reach communities. Officials say the move is part …

The cedi’s woes are set to worsen if current conditions persist, as it is likely to depreciate by more than 20 percent against its major trading counterpart, the dollar, in the next 12 months, RMB – the corporate and investment division of FirstRand Bank – is projecting. This comes as …

The US has added sites operated by Chinese technology giants Alibaba and Tencent to its “Notorious Markets List” of businesses it believes are involved with trading counterfeit goods. The list identifies 42 online sites and 35 physical stores, including e-commerce platforms, run by the firms. The US trade agency says …

Traders at the Kumasi Central Market are threatening to boycott activities in protest of what they claim to be their relocation with no adequate accommodation arrangement. The city authority has accused the traders of failing to move to designated areas to pave way for the second phase of the market …