Sam-Woode delisted from Ghana Stock Exchange

It is announced for the information of the investing public that the Ghana Stock Exchange (GSE) has decided to compulsorily delist Sam-Woode Limited (SWL) from the Main Equity Market of the Exchange, due to SWL’s cessation of operations. The company will be taken off the Official List at the end of trading today, April 14, 2023. This decision is based on Rule 13(1) of the GSE’s Listing Rules which provides... Read more

Bayport issues GHS50 million floating rate notes

Bayport Savings and Loans (Ghana) Plc (“Bayport Ghana” or the “Issuer”) successfully closed its GHS 50 million 2-year Senior Unsecured Floating Rate Notes issuance in Accra, Ghana, being the first series and tranche of Notes under its newly established GHS 500 million Medium Term Notes and Bond Programme (the “Programme”). The Notes were subsequently admitted to listing on the Ghana Fixed Income Market segment of the Ghana Stock Exchange, effective...

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Quantum Terminals readies to pay bondholders

Quantum Terminals PLC (QTPLC) announces to holders of the 1st Tranche of the 10-year Guaranteed and Secured Notes the transfer of GHS8,337,500.00 from the Debt Service Accrual Account with Stanbic Bank Ghana Ltd to the Trust Account with Guaranty Trust Bank Ghana Ltd. The transferred amount represents the interest and principal repayment payable to noteholders on 9th March 2023.   This is in accordance with condition 7 of the Notes... Read more

Ecobank Group appoints Jeremy Awori as new CEO

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, is pleased to announce that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group, effective 1 March 2023. Jeremy Awori, commenting on his new role, said: “It's a fantastic opportunity to take Ecobank to the next level of its growth strategy. Despite current global challenges, Africa offers promising... Read more

Pesewa ONE wants to delist from the GAX

Pesewa ONE PLC (“Pesewa ONE” or the “Company”) wishes to announce the Company’s intention to de-list from the Ghana Alternative Market (the “delisting”) subject to Shareholder approval, and approval from the Ghana Stock Exchange (“GSE”) and Securities and Exchange Commission (SEC). At the Company’s Emergency General Meeting (“EGM”) scheduled to be held on 6th January, 2023 a resolution will be put before shareholders with regards to the proposed de-listing. The...

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Ghana Stock Exchange moves towards green bonds

As part of programs to mark its 32nd anniversary, Ghana Stock Exchange (GSE), in collaboration with its regulator, the Securities and Exchange Commission, launched the new Green and Sustainable Bond Rules to guide the listing and trading of green and sustainable bonds on the Ghanaian market. This year's anniversary was under the theme "Investing into a Green and Sustainable Future'. Green Bonds support new or existing projects that generate climate... Read more

GGBL looking to weather the economic storm

Ghana’s leading total beverage business, Guinness Ghana, says the business remains focused on delivering its core mandate and keeping its foundation strong, despite the prevailing macro-economic challenges the country faces today. According to the beverage company, it continues to invest in elements that are important for the future d as it believes in the resilience of the Ghanaian economy and its people. Speaking to investors, shareholders, and members of the... Read more

Abena Amoah appointed MD of Ghana Stock Exchange

The Council of the Ghana Stock Exchange (Exchange) is pleased to announce the appointment of Ms. Abena Amoah as the Managing Director of the Exchange, with effect from November 24, 2022. Ms. Amoah will take over from Mr. Ekow Afedzie, the current Managing Director, who will retire from the Exchange on November 23, 2022, after 32 years of stellar and transformational service. Ms. Amoah, who joined the Exchange as Deputy...

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ETI appoints Jeremy Awori to succeed Ade Yeyemi as Group CEO

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy. The Board of Directors selected Jeremy Awori to succeed Ade Ayeyemi as Group Chief Executive Officer. The relevant effective dates will be communicated in due course. Alain Nkontchou, Ecobank Group Chairman, thanked Ade for...

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Quantum transfers funds for interest payment to DSAA

QTL announces to holders of the 1st Tranche of the 10-year Guaranteed and Secured Notes, the transfer of GHS3,337,500.00 from the Debt Service Accrual Account with Stanbic Bank Ghana Ltd to the Trust Account with Guaranty Trust Bank Ghana Ltd. The transferred amount represents the interest payable to noteholders on 8th September 2022.   This is in accordance with condition 7 of the Notes Prospectus, which requires QTL to move...

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