Ghanaian serial investor Daniel Ofori. Ghanaian businessman and serial investor Daniel Ofori has recorded a gain of (US$2.50 million) from his equity stake in Societe Generale Ghana. The multimillion-dollar gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender. The increase comes as investors and traders re-price equities […]
Lawyers for Margaret Sekyere, the Board Chairperson of Societe Generale Ghana Limited, have written to the Communications Director of the Progressive Peoples Party (PPP), Felix Mantey, to retract some allegations he’s said to have leveled against their client. Mr Mantey on Wednesday, June 9, issued a statement accusing Mrs Sekyere of being used as a […]
Allianz Life Insurance and Societe Generale Bank have entered into a partnership that will enable the public to buy insurance policies from the bank’s vast branch network nationwide. The launch of the partnership at the bank’s head office in Accra also saw the unveiling of two insurance products, Sound Eduflex Plan and Sound Funeral Plan. […]
The first tranche of the cocoa loan syndication has hit Bank of Ghana’s accounts. JoyBusiness understands that the Central Bank received about $650 million on October 20, 2020. This should mean that the remaining 650 million cedis will come from November 2021. This should mean that before the end of this year about 1.3 billion […]
Societe Generale Ghana has appointed Margaret Boateng Sekyere as Chair of the Board of Directors, effective 1st October 2020. Mrs. Sekyere has served on the Board since November 2019 as an Independent Non-Executive Director. She succeeds Kofi Ampim who retired as Board Chairman on 30th September 2020, the bank said in a statement released today. […]
Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 percent. It was the first time that the agreement had to be signed virtually […]
Cocoa Board Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 per cent. It was the first time that the agreement had to […]
The signing Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 per cent. It was the first time that the agreement had to […]
IFC, a member of the World Bank Group, has taken announced a loan to Societe Generale Ghana Limited (SGGH) to support the bank’s reach and provision of services to thousands of Ghanaian Small and Medium Enterprises (SMEs). The $50 million senior loan will support SGGH in expanding its provision of loans of up to five […]
File photo Interest rates, inflation, foreign exchange amongst others are factors to consider when making investment decisions in an economy. Changes in these indicators directly and indirectly affect the performance of financial investments, especially the Ghana Stock Exchange (GSE) where various companies are listed. We have however witnessed changes in the economic figures and news […]
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