Bond sale signals changes in Nigeria
The latest international bond sale from Nigeria, which was heavily oversubscribed, underscored the bullishness of overseas investors in the country?s sustained if uneven growth. However, the yield...
View ArticleJustice for sale(Part 1)
GHANA?S SUPREME COURT JUDGES COLLECTED BRIBES The New Free Press is not surprised about the decision of the Supreme court to dismiss the petition before it concerning the 2012 General Election. Anyone...
View ArticleICB Sale: Was Due Diligence Done?-IMANI Alerts
Two weeks ago, some major Ghanaian newspapers and prominent radio stations reported that the First National Bank (FNB) of Nigeria has received final approval from the Bank of Ghana (BoG) to take over...
View ArticleSale Of Drillship Discoverer 511: Tsikata To Set Records Straight
?Kan-Dapaah, K. T. Hammond Also Summoned By Jdc ? Story: Muntalla Inusah ?? THE IMPEDIMENT blocking the Judgment Debt Commission?s (JDC) effort to unravel the mystery and uncertainty surrounding the...
View ArticleMinistry Debunked Sale Of Achimota Forest
The Minister for Lands and Natural Resources, Alhaji Inusah Fuseini, has debunked recent media allegations that the Achimota Forest to be sold, but to his knowledge the forest will never be sold under...
View ArticleMerchant Bank Sale Was Transparent-SSNIT
The Social Security and National Insurance Trust (SSNIT) has defended the acquisition of Merchant Bank by Fortiz Equity Capital. It says the deal was the best among the three bidders. In a statement to...
View ArticleMinority Kicks Against Sale Of Merchant Bank Ghana
The Minority in Parliament is kicking against sale of Merchant Bank Ghana Limited to Forti. According to Minority in Parliament, the whole move is ‘scam”.? At a press conference on Thursday morning,...
View ArticleSale of Merchant Bank Is Fraudulent
The Minority in Parliament has revived the controversy surrounding the sale of Merchant Bank to Fortiz Bank, describing the transaction as fraudulent and demanding its immediate abrogation. At a press...
View ArticleMerchant Bank sale not a done deal-BoG
The Bank of Ghana says it is yet to give its final approval to Fortiz?s takeover of Merchant Bank. Joy Business gathered from the regulator that it would give its full endorsement after reviewing all...
View ArticleTony Lithur Did No Wrong In Merchant Bank Sale-Lawyer Appau
Morris Appau, a?private legal practitioner?has waded into the controversies surrounding the sale of Merchant Bank to Fortz. According to him, the Defense Counsel for Fortiz Private Equity Limited Tony...
View ArticleLets Forget Awuni Says Tony Lithur
Story: Muntalla Inusah THE COUNSEL for Fortiz Equity Fund, Tony Lithur has questioned the locus and capacity of the executive director of the Center for Freedom and Accuracy, Andrew Awuni to pray a...
View ArticleIvory Coast plans on selling $500m bonds
Ivory Coast plans to sell $500 million of bonds in the first half of next year, returning to international markets three years after defaulting on $2.3 billion of debt. The world?s largest cocoa...
View ArticleColorado legalizes marijuana sale
Long queues have been seen as the world’s first state-licensed marijuana industry opened for business in the US state of Colorado. Hordes of customers braved bitter cold and snow at about two dozen...
View ArticleSale of New York Times attracts Chinese magnate
An eccentric Chinese businessman with a penchant for publicity stunts is seeking to buy The New York Times Company. Chen Guangbiao, a rags-to-riches tycoon who made millions in the recycling business,...
View ArticleAnother Massive Demo Hits Merchant Bank Sale
Hundreds of demonstrators thronged the?streets?of the?Ashanti?Regional capital, Kumasi, Thursday, in protest of the sale of?Merchant Bank?to?Equity Fund, Fortiz. The?protest march, which saw...
View ArticleInvestment And Sale Side
By Emmanuel Nkrumah I hope this post can get it started! I want to clarify the opacity of investment banks and the sell side by breaking down its components. This will be Part 1 of a two part series on...
View ArticleShell slices Australia’s Woodside Stake
Energy giant Royal Dutch Shell is cutting its stake in Australia’s Woodside in a share sale that will net it some $5bn (?3bn). Shell will sell around 156.5 million shares, which represents 19% of...
View ArticleECG And NEDco Not Up For Sale-Buah
The Ministry of Energy and Petroleum has denied reports that the Electricity Company of Ghana ?(ECG)will be privatised as part of conditions attached to the second Millennium Challenge Compact....
View ArticleChiefs Advised To Help Protect Natural Resources
Nana Bofotia Boa Amponsem II, Krontihene of Sunyani Traditional Area, has expressed concern about the behaviour of some chiefs and farmers, which contribute to the destruction of lands in the country....
View ArticleEbola Scare: No More Bushmeat Sale In Builsa South
The Builsa South District Assembly has placed?a temporary ban on the sale of bush meat as part of measures?to help prevent the outbreak and spread of the deadly Ebola?virus. The Assembly had also...
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