Mutual Monday: What you must know about EPACK, the ‘Praise-the-Lord’ fund.

It's another Mutual Monday and welcome to journey to mastering mutual funds and unit trusts. With reference to my previous post, (Mutual Monday: Investment Funds (mutual funds & Unit trusts) in Ghana), let's take the funds one by one and know more about them. Let start with EPACK.EPACK is a mutual fund, established and managed by Databank Financial Services … Continue reading Mutual Monday: What you must know about EPACK, the ‘Praise-the-Lord’ fund.

Sector by Sector Market Capitalization for 1st Half, 2012 on Ghana Stock Exchange

Courtesy: CBL ResearchBy the end of the first half of 2012, the most capitalized sector on GSE is the Mining and Oil Sector. This sector had a market capitalization of GHS 48,874.46 million, making 88.81%. This sector can boast of a mining giant, AngloGold Ashanti (AGA), a leading global gold producer, operating in 11 countries and listed on five (5) … Continue reading Sector by Sector Market Capitalization for 1st Half, 2012 on Ghana Stock Exchange

Guinness Ghana Brewery Ltd. (GGBL) dominated trading with 43.05% of the trade volume to close the week on GSE

Trading began on Tuesday this week because of the holiday. The stock market's five-day winning streak for last week was halted as losses in two equities forced the GSE-Composite Index 7.08 points lower at 1,038.40 points. The GSE-Financial Stock Index recorded a 1.01% decline to close at 890.79 points, as the losses recorded on Tuesday … Continue reading Guinness Ghana Brewery Ltd. (GGBL) dominated trading with 43.05% of the trade volume to close the week on GSE

Is Ezwich stealing from the Cashless Society? Greed vs Pain

The ezwich system which is supposed to make life easier for us is causing more pain by ‘draining’ our accounts more than necessary. Ezwich is the brand name for the National Switch and Smart-card payment system and this system offers Deposit taking financial institutions (universal banks, rural banks and Saving & Loans) a platform that enables … Continue reading Is Ezwich stealing from the Cashless Society? Greed vs Pain

UT Bank is the 2nd to win the Bank of the Year award on the Ghana Stock Exchange

After a short time of operating as a commercial bank in Ghana, UT Bank breaks Ecobank Ghana’s monopoly and becomes the second bank listed on the Ghana Stock Exchange (GSE) to win the Bank of the Year category at the Ghana Banking Awards since 2001.The Bank of the Year is an awardcategory that goes to … Continue reading UT Bank is the 2nd to win the Bank of the Year award on the Ghana Stock Exchange

Building the Economy: Middle Class of Ghana Unconcerned

Are we really sleeping? Then it is time to wake up.The Middle Class in Ghana, simply don't care. They find means to solve public problems in personal ways and just remain unconcerned, very quiet!! It's a culture problem, people say. Others say Ghanaians just think about their families and not the Public. Scholars blame it on … Continue reading Building the Economy: Middle Class of Ghana Unconcerned

Bank of Ghana vs. Onward Investment Limited, Power vs. Fraud?

 With a vision ‘to achieve a comparative advantage among leading investment companies…’ and a mission ‘to become an outstanding provider of legitimate investment services…’ Onward Investment Limited, an indigenous Ghanaian company with registration number CA-75,073 is experiencing the sanction of Bank of Ghana (BOG) as they operate without a license in the financial market.BOG is … Continue reading Bank of Ghana vs. Onward Investment Limited, Power vs. Fraud?