| Issue No: |
494 |
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Dec. 10-16, 2012 |
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| BREAKING NEWS |
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| TOP HEADLINES |
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| FEATURES |
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TIME TO PASS THIS TOBACCO CONTROL LAW? |
| Considering the presence of the Public Health Bill in parliament for close to six month, and evidence of some actual work having been done on it in preceding weeks, many were expecting parliament to take advantage of the occasion of the celebration of this year?s ?World No Tobacco Day? to finally pronounce the passage of the bill into law, but that did not happen.Full Report |
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Cedi Depreciation: Is Central Bank The Problem? |
| Sometime in 2010, I published an article in the Business & Financial Times on this subject. At the time, the cedi was reeling.Full Report |
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Ghana’s Mining Industry Versus Ghana’s New Fiscal Regime |
| Ghana’s mining industry will this week begin concerted lobbying against some aspects of the new fiscal regime government is imposing on it. TOMA IMIRHE examines the industry concerns.Full Report |
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A CALL FOR A PAN-AFRICAN BUSINESS FRONT |
| The African renaissance has not just begun, it is gathering irreversible momentum. In line with trends elsewhere around the world, African countries are embracing the key tried and tested concepts of: multi-party democracy, which gives everyone the chance for peaceful political expression and the majority the right to elect the rulers it wants...Full Report |
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Assessing the Completion of the Three-Year Stabilization Program, Supplementary Budget |
| Overall GDP growth is projected to slow down from 14.1% in 2011 to 8.5% in 2012, a sharp decline of 5.6% points, subsequently, CEPA projects that growth would rebound to 10.5% in 2013 and then fall back to 9.0% in 2014.Full Report |
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FINANCIAL MARKETS
LAST WEEK |
| INFLATIONARY TRENDS |
| January 2013 |
8.8% |
| February 2013 |
10.0% |
| March 2013 |
10.4% |
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| INTEREST RATES |
| 91-day T.Bill (Nominal) |
22.98% |
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| 182-day T.Bill (Nominal) |
23.09% |
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| 1 Year Note (Nominal) |
22.30% |
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| 2 Year Fxd Rate Note |
22.40% |
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| GHANA STOCK EXCHANGE |
| Last Week Change |
(0.97%) |
| Year To Date Change |
13.77% |
| Volume Traded |
4,288,356 |
| Value Traded |
9,386,392 |
| Market Cap |
57,776.46 |
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| CURRENCIES (INTERBANK) |
| US$/GH¢ |
1.948 |
| Pound/GH¢ |
2.980 |
| Euro/GH¢ |
2.548 |
| CFA/GH¢ |
296.570 |
| Rand/GH¢ |
0.212 |
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| COMMODITIES |
| Gold |
$1,395/oz |
| Cocoa |
$2,333 /tonne |
| Crude Oil |
$99.65pb |
| Coffee |
$143.19 |
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