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Tuesday, May 21, 2019

Gold Fields Wants to Combine With Rival AngloGold

Gold Fields Ltd. would like to merge with its larger South African rival AngloGold Ashanti Ltd., as the industry experiences a wave of...

Decent prices for cocoa farmers is my priority – new ICCO Boss discloses

The International Cocoa Organization (ICCO) has made the payment of fair and decent remuneration for cocoa farmers a top priority of...

Change in ECG management won’t result in price hikes – PURC assures

The Public Utilities Regulatory Commission (PURC) has fought off claims new managers taking over ECG will result in an astronomical increase in electricity...

AngloGold Ashanti Limited (AU)- Stocks Getting Investors Vote of Confidence

AngloGold Ashanti Limited (NYSE:AU) traded under umbrella of Basic Materials sector, apart from individual factors many macro and micro factors also affects in different manner to the whole sector and industries. Shares moved up 0.64% to trade at $12.59 in the last beat. By excluding these economic factors, the firm is standing on an inconsistent situation. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 1.43% from last close price of 12.59 and act as support or resistance of price limit. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less “lag” as comparison to the longer-term moving average.

If you paid back GN Bank debts, I wouldn’t be here; my silence not...

President and Chairman of Groupe Nduom (GN), Dr Papa Kwesi Nduom has fired at the Bank of Ghana over the downgrading of his...

Cal Bank meets BoG’s ¢400m minimum capital requirement

The Managing Director of Cal Bank Ghana Limited, Frank Adu Jnr., has disclosed that the bank has officially met the minimum...

Menzgold managers trying to flee Ghana; some were deported

Staff of Menzgold Ghana Limited claim some of their management have tried to flee the country as clients agitate for their locked...

Fidelity bank appoints Julian Kingsley Opuni as new MD

Fidelity Bank has appointed Julian Kingsley Opuni as its new Managing Director. His appointment...

Ghana to stop importing rice soon – Agric Minister – Business

The Ministry of Agriculture has revealed plans to stop importing rice into the country within the next four to five years. Sector...

ADB recapitalization to stop merger with NIB?

It is emerging that the proposed merger between ADB and NIB may not come off following a recapitalization plan outlined by...

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