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Government T-bills auction oversubscribed
Government treasury bill (T-Bills) auction for this week has been oversubscribed by GH¢3.90 billion as investors cash in
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soaring interest rates on government dated securities.
This accounts for a 15 per cent increase in over subscrip-
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tion, indicating investment appetite for higher yields even though, many experts have cautioned against high interest of govern- ment dated securities.
Government targeted to raise GH¢2.08 billion from the sale of both its 91-and
GSE records slow performance in May 2023; Unilever, Fanmilk among big gainers
The Ghana Stock Exchange (GSE) Fixed Income Market (GFIM) recorded 5.0 billion volumes traded in May 2023, about 12.4% decrease from the previous month.
Compared to last year, it was down by
By Eugene Davis
The CEO of Ghana Chamber of Mines, Dr. Sulemanu Koney, has reiterated the need to ensure a secured, stable environment aimed at protecting the safety and well-being of mine workforce and host communities as safeguarding its assets and investment.
There are still issues with security personnel, impact on community and worker safety as well as illegal miners invading legally acquired mining concessions which often times, results in serious clashes with union members, thus, putting them in harm’s way.