UT and Capital Bank takeover: A few clarifications for stakeholders

capital bank

The takeover of UT and Capital Bank has resulted in many raised questions by various stakeholders. On 14th August 2017, the Bank of Ghana revoked the licence of both UT Bank and Capital Bank Ltd. This followed a takeover of the two banks by GCB Bank Ltd. While related information continue

Read More

Buying low-priced stocks: The benefits we underrate

low-priced stocks

Basically, listed companies on the stock market can be placed under two categories in terms of their share prices. On one side, there is the category of stocks that trade at comparatively high price per share. On the other side, there is another category that fairly trade at low price per share.

Read More

Get to know your mutual funds: HFC Equity Trust

HFC equity trust

HFC equity trust was established in July 2004 by HFC Bank (Ghana) Limited. The fund is managed by HFC Investment Services Limited, a subsidiary of HFC bank. Just like most other funds, HFC equity trust is an open-ended investment scheme with a long-term investment goal. Started with an initial capital

Read More

Mergers and Acquisition phobia: The bane of Ghanaian businesses

Mergers and Acquisition

In Ghana, and in most developing countries, there is no denying the fact that Small and Medium-scale enterprises play major roles in the growth of their economies. Some SMEs have been able to withstand the shocks associated with their establishing and been able to sustain themselves, hence, making great strides

Read More

To what extent do you trust your investment brokers?

investment brokers _trust

There are various services generally provided by investment brokers in Ghana. Out of these offered services, the common ones are trading of stocks on clients’ behalf, management of investment funds, and investment advisory services. Investment brokers’ role in the financial sector can therefore not be understated. Nevertheless, as humans as they

Read More

Get to know your mutual funds: SAS Fortune fund

SAS fortune fund

Our first post on the ‘Get to know your mutual funds’ series started with Epack investment fund, where we highlighted aspects such as the nature, investment strategy and performance of the fund. To continue the series, let’s have a look at SAS Fortune fund.

Percentage rates of investments: Interpreting them correctly

percentage rates of investments

Percentage rates appear to be popular in many financial publications. We see them in different forms- either positive or negative. As investors, some common areas we find percentage rates interesting are documents that deal with investment returns or profits. Many investors, as well as prospective ones, look out for rates quoted

Read More

Article: Your savings account not an investment account

Savings _sikasem

Savings consists of the amount left over when the cost of a person’s consumer expenditure is subtracted from the amount of disposable income he earns in a given period of time, according to Keynesian economics, as quoted by Investopedia. The amount left over is sometimes left in the bank account over a

Read More

Get to know your mutual funds: Epack investment fund

Databank Epack investment

In my post about ‘best’ investment product in Ghana, I mentioned how important it is to know the company managing your investment, their experience and the kind of businesses they invest clients’ money in. In reference to this, I deem it necessary that we expand our knowledge on the common

Read More

Are savings accounts worth opening?

savings accounts worth

By definition, a savings account is a type of account that bears interest on deposited funds. One core principle of finance, known as time value of money, is of the view that money currently in hand is worth more than the same amount in the future. For instance, if you

Read More