| 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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The Jonathan to Jonathan Transition |
| Nigeria's President: it would be a significant moment in more ways than one. On that day, Goodluck Jonathan will be taking the oath of office after an election in which he was the principal candidate, not a side-kick, the first time he would be winning an election as a front runner in his short but eventful political career. Full Report |
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Manufacturing Poor People |
| Even as the overall population of the world continues to increase, the increase in the number of poor people outstrips that growth. How is this possible? Full Report |
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Newmont charts Its Course To The Top Of Ghana's Mining Industry |
| Five years after commencing operations at its Ahafo mine, near Sunyani, Brong Ahafo Region's capital, Newmont Ghana is preparing to launch an expansion programme that could make it Ghana's biggest gold producer as early as 2013 and certainly by 2014.Full Report |
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Putting Ghana's Gas to Use |
| With production of gas from the Jubilee oilfield off Cape Three Points in the Western Region now rising gradually to the target level of 120,000 barrels per day (bpd) the attention of the Ghanaian government and state-owned its oil and gas company, the Ghana National Petroleum Corporation, GNPC, is now shifting to getting the utilization of the associated natural gas being produced, up and running.Full Report |
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Telecom promotions, Games of Chance, Lotto and the Law |
| For years telecom operators in Ghana have been organizing text and win promotions and nobody cared to question why some of them charge premium rates of up to 75Gp per text message for a chance to participate until recently when the National Lotteries Authority decided to use Airtel and Tigo as scapegoats to secure a court precedent.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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