Mutual Fund Prices as at 26th November 2024
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WEEKLY FINANCIAL MARKET REPORT AS OF 15TH NOVEMBER 2024
KEY HEADLINES & INSIGHTS Bank of Ghana Suspends CBG’s Forex Trading License for One Month in Bold Enforcement Move (Bank of Ghana, 2024) Ghana has launched an ambitious Climate Prosperity Plan (CPP) at COP 29 in Baku, a roadmap set to address climate change while boosting economic prosperity. (Ministry of Finance, 2024) China […]
WEEKLY FINANCIAL MARKET REPORT AS OF 8TH NOVEMBER 2024
KEY HEADLINES & INSIGHTS Supported by the Bank of Ghana, a groundbreaking credit scoring system has been launched to address longstanding challenges in lending. (Daily Graphic, 2024) The Ghana Fixed Income Market experienced a substantial increase in trading volume on Friday, November 8, reaching GH₵973 million—the highest daily volume recorded since October 16. […]
WEEKLY FINANCIAL MARKET REPORT AS OF 1ST NOVEMBER 2024
KEY HEADLINES & INSIGHTS T-bills marginally oversubscribed by GH¢65 million in latest auction as interest rates reach 29% (GhanaWeb, 2024). The Bank of Ghana has revealed that liquidity risk remains well-contained in the banking industry, provided the Government of Ghana (GoG) bonds are liquid. (Bank of Ghana, 2024) MTN Ghana reports GH₵12.7 billion […]
WEEKLY FINANCIAL MARKET REPORT AS OF 25TH OCTOBER 2024
KEY HEADLINES & INSIGHTS Climate Financing Division established in the Ministry of Finance. (Ministry of Finance, 2024) National Insurance Commission working on creating an enabling environment to support market innovations and integration of technology into the industry’s operations (National Insurance Commission, 2024) The Bank of Ghana’s eCedi pilot, a feasibility of a digital […]
WEEKLY FINANCIAL MARKET REPORT AS OF 18TH OCTOBER 2024
KEY INSIGHTS The government of Ghana has officially resumed payments on its Eurobond debts following the successful completion of a debt exchange programme with bondholders. (GhanaWeb, 2024) Ghana Treasury Bill Rates Rise Across All Tenors Ghana Fixed Income Market Weekly Volume Falls 38.23% to GH₵ 2.94 Billion, the Lowest Since Early August. […]
WEEKLY FINANCIAL MARKET REPORT AS OF 11TH OCTOBER 2024
KEY INSIGHTS Ghana and IMF reach Staff Level Agreement after 3rd PC-PEG Review (Ministry of Finance, 2024) The Bank of Ghana set Bulk Distribution Forward Rates at GHS15.8682 per dollar, with a target amount of $20 million. This week, trading on the local stock market slowed dramatically, with only 1,114,611 shares changing hands—a […]