Banks in Ghana Rankings for Q3’2020
Overview The bank rankings were based on the financial statements released by the banks for the first nine (9) months of 2020. The rankings focused on twenty-one (21) banks out of the 23 commercial banks in Ghana, as the financials of OmniBSIC and Prudential were unavailable at the time of the analysis. The rankings emanated […]
Need for Securitization of Loans Sitting on the Balance Sheets of Banks in Ghana
Introduction In this article, I discuss the concept of asset securitization. Of course, a whole book can be written on this topic. What I do here, is to focus on the key elements and provide a summary that I hope will deepen understanding in this area. Securitization is a seasoned tool for raising funding and […]
Performance of Selected African Stock Markets in 2020
The year 2020 started out on a good note for most African stock markets, with opportunities and investment prospects catching the attention of both local and foreign investors. The outbreak of the COVID-19 pandemic, however, resulted in a reduction in market activities and various indexes turned red by close of year 2020. Selling pressures intensified […]
Exchange Rate Performance: Selected African Countries in 2020
It’s been a volatile stretch for the currency market in 2020 following the general slowdown in economic activities resulting from the COVID-19 pandemic. In this article, Tesah Capital analyzed the performance of sixteen (16) currencies on the Africa continent. The Ivory Coast’s CFA against the Dollar averaged USD/XOF 574.45 throughout the year at a YTD appreciation rate […]
