Here, we delve into macroeconomic trends, monetary policies, and fiscal developments impacting the African economy.
In an unforeseen turn of events, climatic conditions are dealing a severe blow to the global cocoa industry, catapulting cocoa prices to unprecedented heights. The current market is witnessing cocoa prices surging past $7,300 per metric tonne, a stark contrast to the $2,000/MT to $3,000/MT range observed over the past two decades. El Nino Southern … Read more
As the sun sets on the last trading day of February 2024, the Ghana Stock Exchange (GSE) has recorded a robust performance, underscoring the resilience and growth potential of the country’s financial markets. The GSE, with its two distinct categories of listing – the Main Board and the Ghana Alternative Market (GAX) – has become … Read more
As the echoes of January 2024 fade, the Nigeria Stock Exchange (NSE) stands testament to a month of dynamic financial shifts. Let’s dissect the performances and identify the stars and laggards, guiding you on your next strategic move. Top Performers: Underperformers: Recommendations: Ticker Name Volume Price Change ABBEYBDS Abbey Mortgage Bank Plc 1,652 2.99 +0.00 … Read more
Imagine standing at the threshold of a bustling marketplace, surrounded by opportunities waiting to be seized. That’s precisely the feeling I experienced when I delved into the realm of the Ghana Stock Exchange (GSE) in 2024. As a novice investor, this journey is akin to embarking on a captivating odyssey, filled with twists, turns, and … Read more
The Ghana Stock Exchange (GSE) has kicked off the year 2024 on a positive note, showcasing resilience and growth in the market. In the first month alone, stocks as a whole have returned an encouraging 1.35%, with financial stocks contributing a solid 0.45%. Let’s delve into the highlights of individual stock performances for January 2024. … Read more
As we bid farewell to 2023, it’s imperative for investors to reflect on the Ghana Stock Exchange (GSE). The market, influenced by a myriad of factors, showcased a spectrum of performances among listed companies. In this article, we delve into the highs, lows, and noteworthy aspects of some key players in the GSE. Top Performers: … Read more
The stock market, often a rollercoaster of financial twists and turns, has wrapped up November with a notable 29.71% overall increase. However, the landscape isn’t uniform, and financial stocks are experiencing a dip, down 2.71% for the year. Let’s delve into the individual stocks to unpack the diverse performances shaping the market. Winners of the … Read more
In a recent move that has sent ripples through the international money transfer landscape, the Bank of Ghana (BoG) has suspended several prominent players, including Wise, Zeepay, and others. This suspension, driven by alleged violations of regulatory frameworks, has implications not only for the companies involved but also for customers who rely on these services … Read more
In a significant stride towards achieving its upper-middle-income aspirations, Kenya has secured a substantial financial commitment from the World Bank. The global financial institution has pledged a whopping $12 billion over the next three years to support Kenya’s developmental initiatives. This financial injection, spanning from fiscal years 2024 to 2026, is set to catalyze the … Read more
Tullow Oil plc has inked a significant deal, entering into a US$400 million five-year notes facility agreement with Glencore Energy UK Limited. This financial arrangement is a strategic move by Tullow, aiming to address the liability management of its senior notes maturing in March 2025. Key Points of the Agreement: This financial maneuver by Tullow … Read more