Pulse.com.gh logo
Go


Pulse Business Wrap Ecobank revenue down by 6% in Q1

However, in cedi term, revenue went up by 4% from GHC1, 861,855 in the first quarter of 2015 to GHC1, 932,364 in 2016.  This was largely due to the poor performance of the cedi against the dollar.

  • Published:

Join the "kokonsa" clique.Don't miss a thing, get the latest updates to fuel your conversation daily

By signing up , you agree to our Privacy Policy and European users agree to the data transfer policy



Thank You! You have successfully subscribed to receive pulse.com.gh daily newsletter.

Ecobank revenue down by 6% in Q1

Ecobank Transnational Incorporated recorded a six percent slump in revenue in dollar terms from $533,898 in 2015 to $502,339 in the first quarter of 2016.

However, in cedi term, revenue went up by 4% from GHC1, 861,855 in the first quarter of 2015 to GHC1, 932,364 in 2016.  This was largely due to the poor performance of the cedi against the dollar.

Chinese company firm providing solar plant support to Ghana

Chinese technology innovations company, Beijing Xiaocheng Company (BXC), is providing Ghana with its first large-scale solar plant to support the country's power generation, according to Xinhua news agency.

The solar panel, which is connected to the ECG, is located near Winneba and produces 20 MW of power during the day, according to the Project consultant, Engineer Daniel Azu.

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.82                             4.12

Pound Sterling             5.42                              5.72

Euro                             4.32                              4.62

 

On how your stocks performed on the GSE Index today

 

Ghana Commercial Bank Limited were the biggest losers of the day, losing 810to close at 3.50 whereas ALUWORKS LTD were the biggest losers, dropping 1p to close at 0.09p

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Report to work on time – Akufo-Addo tells NABCO recruitsbullet
2 MTN, AirtelTigo and Vodafone to review tariffs; customers to pay morebullet
3 How to create a verified PayPal account Learn how to create a...bullet
4 Investment banks in Ghana Top 5 investment banks in Ghana and why...bullet
5 Ponzi schemes in Ghana These investments are Ponzi schemes in...bullet
6 Appointments Dr Hazel Berrard Amuah is new Human Resources...bullet
7 Over 1 million Ghanaians have lost their jobs since 2017 –...bullet
8 Mobile app to monitor performance of NABCO recruitsbullet
9 Your NABCO salary isn’t free money – Prez tells NABCO...bullet
10 Unibank shareholders file counter suit against receiverbullet

Top Videos

1 Support Finance minister buys Kantanka carbullet
2 Money Alert Meet Africa's richest womanbullet
3 Forbes 2018 Africa's billionaires rich listbullet
4 Selorm Adadevoh MTN CEO dances Agbadzabullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
7 Former Capital Bank staff grills pork for survivalbullet
8 New Discovery Ghana discovers new mineral, lithium in...bullet
9 New Phone Nokia’s MWC 2018 event in 7 minutesbullet

Business

X
Advertisement