What is the current outlook for the fund management segment in Ghana?
The equity market experienced reduced performance in recent years, with the Ghana Stock Exchange (GSE) Composite Index returning -0.29% and -10.44% in 2018 and September 2019, respectively. This is down from a high of 52.37% in 2017. Market capitalisation as of end-September 2019 was GHS56.3bn ($10.9bn), down from GHS66.1bn ($12.8bn) one year...
What main objectives does the GSE want to achieve through its three-year strategic plan?
Ghana’s fixed-income market has experienced significant growth. As of end-September 2019 domestic fixed-income securities issued on the Ghana Fixed-Income Market (GFIM) totalled GHS104bn ($20.1bn), against GHS102.4bn ($19.8bn) over the same period in 2018, marking growth of 2%. Comparatively, the equity market experienced a year-to-date...
A regulatory crackdown on poor business practices and weak capital positions in Ghana’s banking sector has resulted in a series of market exits since August 2017. The outcome is a smaller but more sustainable banking industry, though this has come at a price. The Bank of Ghana (BoG) puts the total costs of its clean-up operation at some GHS10....
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