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
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
Togolese startup Gozem is set to acquire Moneex, a thriving fintech in Benin, unlocking new avenues in the digital landscape. Let’s dive into the details of this game-changing acquisition! The Power Play: Gozem’s Acquisition of Moneex The financial dynamics of this acquisition are kept under wraps, adding an element of intrigue to the strategic move. … Read more
The stock market journey for the year has been nothing short of a roller coaster, with returns fluctuating and financial stocks showcasing a remarkable recovery. As we approach the year-end, it’s crucial for investors to not only glance at the numbers but also understand the dynamics behind the figures. Here’s a breakdown of the stock … Read more
The Qatar Financial Centre Authority (QFCA) and Kigali International Financial Centre (KIFC) have reaffirmed their commitment to collaborative efforts for the development of their respective financial sectors. The renewal of the Memorandum of Understanding (MoU), initially signed in 2021, solidifies the strategic partnership’s objectives, including global promotion of QFC and KIFC, capacity building, skills development, … Read more
Market Sentiments and Global Uncertainties The South African currency experienced a decline on Monday, influenced by the unrest in the Middle East, triggering risk aversion in global markets. Traders were also on edge as they awaited the outcomes of the national census scheduled for later in the week. At 1510 GMT, the rand traded at … Read more
South Africa-based cryptocurrency exchange, Valr, recently announced a significant milestone in its expansion strategy—initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA). While this marks a pivotal step for Valr in establishing a global presence, it’s important to note that the approval, for now, does not grant the exchange the ability to offer virtual asset … Read more