Market values of investments recover as confidence grows

March 14, 2023 Investment portfolios have recovered their market values, reaching their highest level since November 2022 following the Securities and Exchange Commission’s (SEC) directive to adopt the...

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March 14, 2023 / Comments (0)

The electronic transfer (E-levy) blues

May 10, 2022 On May 1, 2022, Ghana rolled out the implementation of the Electronic Transfer Levy Act 2022 (Act 1075). This Act represents one of the most talked-about in the history of our growing 4th...

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May 10, 2022 / Comments (0)

SEC grants first domestic credit rating licence

November 24, 2021 The Securities and Exchange Commission (SEC) has issued the first credit rating licence to an indigenous company in Ghana, which will allow for an independent evaluation of the...

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November 24, 2021 / Comments (0)

SEC reintroduces compliance forum for stakeholders

July 20, 2021 THE Securities and Exchange Commission (SEC) has reintroduced the compliance forum for its respective stakeholders, with the first edition organised for members of the Ghana Securities...

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July 20, 2021 / Comments (0)

Collapsed fund managers: SEC assures customers of full payment

May 6, 2021 The Securities and Exchange Commission (SEC) has assured all affected clients of the collapsed 47 fund management companies that they will receive their money in full. The commission has...

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May 6, 2021 / Comments (0)

We’re keen on ensuring healthy capital market, protection of investors funds – SEC

April 14, 2021 The Securities and Exchange Commission (SEC) is taking pragmatic steps to strengthen the capital market and to protect investors’ funds, Deputy Director-General Paul Ababio has said....

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April 14, 2021 / Comments (0)

SEC extends moratorium on issuance of new Fund Management licences

March 26, 2021 The Securities and Exchange Commission (SEC) has extended the moratorium on issuing new Fund Management licences for a further period of six months. This is pursuant to section 3(i)(m) and...

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March 26, 2021 / Comments (0)

End of the road for eight fund managers as official liquidator gazettes them

November 24, 2020 The Official Liquidator (OL) has gazetted eight additional fund management companies (FMCs) out of the 54 whose licenses the Securities and Exchange Commission (SEC) revoked. Two more...

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November 24, 2020 / Comments (0)

Gov’t authorises partial payment to remaining customers of collapsed Fund Management Companies

November 18, 2020 Government has authorised a partial payment of up to GHS50,000 to all customers of the remaining collapsed Fund Management Companies whose monies were locked up. This follows an earlier...

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November 18, 2020 / Comments (0)

Fund managers losing clients to banks – KPMG report

November 3, 2020 Depositors prefer to invest their monies with banks than with fund management companies due to renewed high confidence in the former following a general reform carried out by the Bank of...

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November 3, 2020 / Comments (0)