Trends - Ghana - Business Recorder

Ghana

Sri Lanka’s bondholders sign off on $12.55bn debt overhaul

Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of international...

Published 17 Dec, 2024 10:34am

World

IMF greenlights further $360 million in Ghana aid

ACCRA: The International Monetary Fund on Saturday said it had validated a fresh tranche of aid of $360 million for...

Published 13 Apr, 2024 08:38pm

Life & Style

Ropes, brass, salt, stone: Reinventing jewellery in Kenya

NAIROBI: Sisal ropes, salt crystals, volcanic rocks and aged brass: award-winning Kenyan designer Ami Doshi Shah has...

Published 18 Mar, 2024 11:02am

World

UK to return looted royal regalia to Ghana in loan deal

LONDON: Britain is returning a selection of Ghanaian gold regalia looted from an Asante king in the 19th century, in...

Published 26 Jan, 2024 04:58am

Sports

Ghana coach Hughton back in firing line as exit looks imminent

ABIDJAN: Ghana coach Chris Hughton was again in the firing line on Monday after their participation at the Africa...

Published 23 Jan, 2024 10:37am

Business & Finance

IMF board set to approve $600mn loan for Ghana on Friday

LONDON/ACCRA: The International Monetary Fund (IMF) executive board is due to meet on Friday to approve a $600...

Published 15 Jan, 2024 03:08pm

World

Ghana secures debt deal as part of IMF loan

ACCRA: Ghana has reached an agreement with external creditors for a debt restructuring that was key to its $3...

Published 13 Jan, 2024 05:05pm

Markets

Ghana hit by power outages due to limited gas supply

ACCRA: Several areas of Ghana were hit by power outages due to a drop in electricity generation on Thursday after...

Published 27 Oct, 2023 03:58pm

Markets

Ghana reopens debt exchange for 12.9bn cedis of local bonds

ACCRA: Ghana is reopening a debt exchange that was originally settled in February for another 12.9 billion cedis...

Published 14 Sep, 2023 12:50pm

World

Pakistan among countries in grip of debt problems

LONDON: The persistent and damaging debt problems gripping a number of developing world nations will be a core topic...

Published 03 Sep, 2023 02:57pm

Business & Finance

Envoy urges business community to invest in Ghana

KARACHI: High Commissioner of Ghana Eric Owusu Boateng has advised the business & industrial community of ...

Published 13 Jul, 2023 04:50am

Markets

Ghana agrees restructuring deal with banks on some domestic debt

ACCRA: Ghana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally...

Published 28 Jun, 2023 03:07pm

World

Macron’s Paris summit seeks new life for global finance agenda

PARIS: French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the...

Published 20 Jun, 2023 12:38pm

World

Paris summit to push for global debt and climate reform

PARIS: World leaders will gather in Paris this week with ambitions to reimagine global financing for a new era...

Published 19 Jun, 2023 11:19am

Markets

IMF approves $3.5bn loan agreement for Ivory Coast

WASHINGTON: International Monetary Fund (IMF) executives have approved a $3.5-billion loan agreement for Ivory Coast...

Updated 25 May, 2023 01:56pm

Business & Finance

Ghana plans ‘disciplined approach’ to IMF loan, says president

DOHA: Ghanaian President Nana Akufo-Addo said on Wednesday his government was planning a “very disciplined approach”...

Published 24 May, 2023 03:38pm

Markets

‘Nonsensical’: economist Atif Mian slams Pakistan govt’s policies

Criticises selling cheaper fuel at expense of GDP

Updated 24 May, 2023 05:21pm

Markets

IMF board approves $3 billion Ghana loan agreement

WASHINGTON: International Monetary Fund executives approved a loan agreement with Ghana worth around $3 billion...

Published 18 May, 2023 12:07pm

Business & Finance

Ghana expects first $600m tranche from IMF

ACCRA: Ghana expects the International Monetary Fund to approve a first loan tranche of $600 million as soon as...

Published 15 May, 2023 06:41am

World

Malaria cases spike in Malawi, Pakistan after 'climate-driven' disasters

What we've seen in places like Pakistan and Malawi is real evidence of the impact that climate change is having on malaria, says a global health chief

Updated 24 Apr, 2023 12:50pm

Markets

Ghana expects IMF loan approval in May

ACCRA: Ghana expects the International Monetary Fund’s board to approve a $3 billion loan in May, Finance Minister...

Published 14 Apr, 2023 02:27pm

World

China spent $240 billion bailing out ‘Belt & Road’ countries, study shows

JOHANNESBURG: China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount...

Published 28 Mar, 2023 12:11pm

Business & Finance

Fitch upgrades Ghana’s long-term local-currency issuer default rating to ‘CCC’

ACCRA: Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’...

Published 22 Mar, 2023 02:55pm

World

Ghana’s loan programme request to go to IMF executive board by end March: president

ACCRA: Ghana is on course for IMF staff to present the organisation’s executive board with Ghana’s request for a...

Published 08 Mar, 2023 05:42pm

World

G20 meeting in India: where debt-ridden countries including Pakistan are in focus

LONDON: Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to...

Published 24 Feb, 2023 10:17pm

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

Business & Finance

Ghana again extends domestic debt exchange registration deadline

ACCRA: Ghana has further extended the deadline to register for its domestic debt exchange to Jan. 16 in order to...

Published 25 Dec, 2022 12:57pm

Business & Finance

Ghana to default on most external debt as economic crisis worsens

ACCRA: Ghana on Monday suspended payments on most of its external debt, effectively defaulting as the country...

Updated 20 Dec, 2022 11:32am

Sports

Suarez heroics not enough as Uruguay and Ghana both exit World Cup

DOHA: Uruguay crashed out of the World Cup on Friday despite beating Ghana 2-0 after South Korea scored a late ...

Published 02 Dec, 2022 10:52pm

Sports

World Cup revenge on Ghanaian minds as Uruguay sweat

DOHA: Uruguay stalwarts Edinson Cavani and Luis Suarez are fighting for their World Cup survival while Ghana will...

Published 02 Dec, 2022 11:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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