A snapshot of Ghana Stock Exchange performance in 2016

Ghana stock exchange

The Ghana Stock Exchange recorded a negative growth in 2016 just as it did in 2015. The stock market posted a return of -15.33% in 2016, lower than its performance (-11.77%) in 2015. Despite the overall loss, a few listed companies ended 2016 with positive performances. Fan Milk Limited, with an

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5 key personal finance metrics you can make use of

personal finance metrics

Personal finance metrics refer to the various means used to evaluate the health status of our finances. As investors, it is essential that we examine the performance of our finances on a regular basis in order to continuously improve on them. In fact, the list of personal finance metrics can

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3 financial institutions that promise high interest rates on fixed deposits

fixed deposits

As interest rates of Treasury bill continue to drop, finding alternative rates on the market seems laudable. Higher rates come with higher risks though. Therefore, investors must be cautious when making these decisions. A number of financial institutions claim to offer attractive interest rates on fixed deposits. Even though a few of these

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4 personal finance resolutions to consider in 2017

personal finance resolutions

A few days ago, my Facebook page kept being flooded with a mix of big vocabularies, all in the name of setting 2017 resolutions. As usual, I never came across any resolution about personal finance management even though some colleagues wished for greater career opportunities. Well, personal finance resolutions normally

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Investors begin ditching TBills as rates hit low levels

ditching Tbills

Investors have begun ditching Tbills and now exploring other investment instruments in the country over the continuous significant decline in TBill rates in the country. The Treasury bill rates for the 91 and 182 days started 2016 at 22 and 23 percent respectively. But the figures however reduced to 18 percent

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Christmas is not the time to ‘push’ our love ones into debt

christmas gift

If you belong to the middle-class or one of the few bread-winners in your family, this piece of writing may be familiar to you then. Yeah! You may have had a bite of it already. That season is here again, when many family members, friends and acquaintances troop in to

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Is there any hope for the equity market in 2017?

equity market

As the 2016 year brings down the curtain, many are those yearning for a turning point in the Ghanaian equity market. The Ghana Stock Exchange, which plays a leading role in the Ghanaian equity market, is projected to close the year 2016 with a negative return. The Exchange similarly posted

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Cedi depreciates slightly after dollar auction

ditching Tbills

Some bank treasuries are anticipating a relative stability of the cedi in the short to medium term following the Bank of Ghana’s auctioning of dollars to commercial banks. According to them, the depreciation may either drop slightly or remain stable in relation to other major currencies. On Thursday, the cedi

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Interest rates of Treasury bill begin dropping

The period for transitioning from Treasury Bill to other investment options may not be far from now, as interest rates of Treasury Bill keep dropping. The high rates of the Government of Ghana Treasury bill that have been enjoyed by the public for some time now seem to have reached a peak point.

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Treasury bill versus Dollar holding: A performance comparison

treasury bill versus dollar holding

Although Treasury bill is patronised by many people (partly due to its low risk), it has its downsides too. Besides inflation of the economy, one major drawback of investing in a Treasury bill is the potential depreciation of the local currency. Over the years, the Ghanaian Cedi appears to depreciate against

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