April 2024 Performance of Ghana Stock Exchange (GSE) Listed Companies

GCB Bank Limited emerged as the undisputed champion, showcasing a remarkable performance that eclipsed all other contenders. With a staggering 23.0% return in April 2024, GCB Bank reaffirmed its position as a stalwart in the financial sector. Let’s delve into the highlights of April’s stock market movements and examine the factors contributing to GCB Bank’s … Read more

Unilever Nigeria records N1.17 billion FX Profit in Q1, 2024

The financial report for the first quarter of 2024 by Unilever Nigeria Plc reveals significant changes in the company’s foreign exchange revaluation, influenced by the volatile foreign exchange market in Nigeria. Key highlights from the financial report include: Read Also: Ghanaian Stocks November 2023 Insights and Year-End Strategies In summary, Unilever Nigeria Plc navigated the … Read more

ARB Apex Bank Advances Financial Sector Development Project Goals

Curtis W. Brantuo, the Deputy Managing Director of ARB Apex Bank PLC, has expressed optimism about achieving the World Bank’s Financial Sector Development Project (FSDP) goals in collaboration with Rural and Community Banks (RCBs) nationwide. In this post, we’ll delve into the details of the FSDP, the initiatives being implemented by ARB Apex Bank, and … Read more

Ghana Government Proposes Tax on Foreign Incomes to Bridge Revenue Gap

The Ghanaian government is exploring alternative revenue-generating measures following the abandonment of its value-added tax (VAT) on electricity earlier this year. One of the proposed solutions is to tax the foreign incomes of resident Ghanaians. In this post, we’ll delve into the details, implications, and significance of this proposed tax measure. Details of the Revenue … Read more

Climatic Conditions Wreak Havoc on Cocoa Crop, Prices Soar Beyond $7,300/MT

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

The Rise of Fintech Transactions: Bank of Ghana’s Report

In financial technology (fintech), Ghana’s journey has been one of remarkable growth and resilience. The latest report from the Bank of Ghana unveils a fascinating narrative of progress, showcasing a significant surge in the value of local fintech transactions. Let’s delve into the key highlights of the report and explore the trends shaping the fintech … Read more

Ghana Stock Exchange (GSE) Displays Robust Performance in February 2024

GSE

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

What is Inflation?

Inflation is an economic concept that describes the sustained increase in the general price level of goods and services in an economy over time. This results in a decrease in the purchasing power of a currency, as each unit of money buys fewer goods and services. Several factors contribute to inflation, and its effects can … Read more

Nigeria Stock Exchange Recap – January 2024: The Stars, The Laggards, and Your Next Move

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

Step by Step Guide to Investing In Stocks In Ghana (2024 Edition)

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