THE JCS JOURNAL
THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED
This Month’s Newsletter entails:
- The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
- News highlights on the financial and banking sector of the Ghanaian Economy.
- Details on a new book released by the CEO of JCS Investments Ltd.
NEWS HIGHLIGHTS
CURRENT INFLATION RATE: 40.1%
CURRENT MONETARY POLICY RATE: 30.0%
Investor sentiment drives GSE performance in August 2023 – Report
Favorable investor sentiment across all sectors drove the performance of the Ghana Stock Exchange (GSE) in August 2023 with GSE Composite Index surpassing the 3000-point milestone for the first time this year.
Ghana’s FDI declines by 16% in the first half of 2023
Ghana experienced a decline in foreign direct investment as the Ghana Investment Promotion Centre (GIPC) recorded a 16 percent drop in investment projects in the first half of 2023.
GITFiC predicts rise in Ghana’s inflation due to 4% increase in EU interest rates
The Ghana International Trade and Finance Conference (GITFiC) is predicting that Ghana’s inflation could be affected by the recent hike in interest rates by the European Central Bank.