imported 2024-03-17 17:43:07
According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index was the top performing regional index and Qatar’s QE index was the worst performing index.
“The renewables is a great area for us now and we would really like to do it through a private partnership arrangement. So far, those that we have in the pipeline, we have been lucky enough to have funding for from KFW which is the funding arm of the German government.”
“As far as the power crisis is concerned, it started in 2012 when we had difficulties with the gas supply from Nigeria. That was the genesis of the power difficulties that we had and it went on for a while until the then government intervened in 2014, 2015, and 2016. They brought in some emergency solutions with what we call emergency power plants.”
“The Octagon here opened at the end of last year and is doing well. We already have five banks and many small companies. Some people have booked spaces in advance and are planning to start moving in by September or the end of the year, which is quite positive.”
The former government of Ghana introduced some emergency solutions (e.g. emergency power plants) that helped alleviate the power crisis in the country. The Chief Executive of VRA confirms that Ghana is no longer in a power crisis mode.
“Ghana is the place to do business now, in terms of the economy it is quite stable, we have peace and stability and it is a growth economy.”
“The general overview of the Ghanaian healthcare industry is a fairly positive one in the sense that there is a lot more awareness of the need for quality improvement and better accessibility to healthcare.”
Reroy Group has been innovative on how they can cut costs on power and thus expand their scope. The Group invested a lot in new equipment and machinery to enter the wire ropes market for the sub-region and the ports, and also in the LED bulbs market.
Speaking at the 2017 Ghana Economic Forum on the theme “Building a Ghanaian Owned Economy, 60 years on, The Role of Insurance”, Lartey mentioned 10 critical things that insurance will do to improve economic development if proper attention is given to its essence in the economy.
According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Index as The Kingdom showed significant willingness to improve stock market regulations and easing conditions for foreign investors. In the UAE, The Emirates NBD UAE Purchasing Managers’ Index (PMI), a key indicator of the health of the UAE’s non-oil private sector, fell to 54.3.
