The Bank of Ghana (BoG) has launched new guidelines for repurchasing agreements trading on the Ghanaian market, Tuesday. The move is to have a well-functioning repo market and contribute to the efficient allocation of capital in the real economy by supporting liquidity in other markets. It is a new guideline that would help better regulate …
Month: November 2019
The Securities and Exchange Commission (SEC) has, with effect from today, revoked the licences of Fifty-Three (53) Fund Management Companies. According to SEC, these actions were taken pursuant to Section 122 (2) (b) of the Securities Industry Act, 2016 (Act 929 or “the Act”) which authorizes the Securities and Exchange Commission to revoke the licence …
Smallholder farmers have expressed relief as they no longer have to source for expensive and unreliable funding for their farming activities. This was at the launch of the Ghana Warehouse Receipt Financing in Kumasi, the Ashanti Regional capital, a collaboration between the ARB Apex Bank, the Ghana Commodity Exchange (GCX), and the International Finance Corporation …