Ghana's captains of industry expects hike in interest rates
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Ghana's captains of industry expects hike in interest rates
The report captured the the views, expectations and challenges of financial stewards as they negotiate global and local economic fluctuations.
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Ghana's captains of industry expect interest rate to continue to increase in 2016 and 2017, according to Deloitte Chief Financial Officers (CFO) Survey report.
‘66% of Ghanaian respondents expect the interest rate to increase in 2016. While the 2017 elections in Ghana may be the cause of some anxiety for CFOs, 50% of them expect the interest rate to remain the same in 2017’, the report stated.
Fuel shortage hits Nigeria
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Nigeria has been hit with fuel shortage for almost three days now, causing long queues outside petrol stations.
Fuel shortage in Nigeria is a yearly occurrence. Pulse.com.ng describes it was “annual visitor.”
Many Nigerians travelling to work have been left stranded either at fuel stations or due to shortage of commercial buses because they do not have fuel.
We go to the currency market now where
Currency Buying Selling
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Dollar 3.82 4.12
Pound Sterling 5.41 5.71
Euro 4.35 4.65
On how your stocks performed on the GSE Index today
There were no losers for the day, however, ECOBANK GHANA LTD gained 1p to close at 6.99p
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