Archer, am not being paid for blogging (i wish i was….who do i need to talk to?)….. Right about now I just feel the blogojuice really flowing….. and i have excess access to free internet both at office & hotel. The Key word here is FREE!
So this post is specifically for Bankelele – and yes i know, its totally unlike me (and way out of my league).
Banks, let me know how we (kenya) compare.
Stock Market (last week)
Opening GSE index: 10,342.54
Closing GSE indes: 10,345.12
Change year to date: 56.75%
GCS – cedi index
Previous (26/06) 109.90
current (27/06) 110.07
Change year to date: 5.99%
Change base year to date: 10.07%
Treasury bills rates
91 Day bill 16.32
182 day bill 17.13
1 yr note 16.50
2 yr fixed rate note 16.50
2008 Macroeconomic targets
GDP: 7%
EOY inflation target 7%
Interest rates
Inflation rate (May08) 16.88%
BoG Prime rate (May08) 16%
Forex (Buy/Sell)
GBP Ghs 2.04/2.10
USD Ghs 1.03/1.08
EUR Ghs 1.61/1.69
CFA Franc Ghs 2.40/2.60
Source: Business & Financial Times
How is that? Should i do more of these? Or I just go to back to X-rated material? LOL
thank you, i’m honoured
Go Back!
More fin stuff please, less X. theer was a time when Kenya was compared with Ivory Coast and Ghana.
Which were best/worst performing shares? where are the anglo -ashantis and michael essien ltd?
BTW banks, Last week performance of the GSE was not the best by its own standards this year. A year to date change of 56.87% is highly regarded when compared to the performances previous years. See below approx figures
2005 (-)15%
2006 1%
2007 5%
zzzzzzzzzzzzz!! slurp!!
me I agree with Bankelele. yes whatever he says.
@XS kwani there is no beer in Accra? Ebu drink uu then post.
uu= up
Wow! 16% inflation at 16% treasury rates. Must be hell for businesses in Ghana or they are operating under the table (corruption, tax evasion, etc etc)
Banks, you should post a Kenyan comparison.
Aish! Do a collabo with Banks…go back to maneno za pare pare! If I had free internet na laptop poa ka Apple ya 31337 au dv6704 ya Kirima…..
21% growth in Angola [http://hippo-on-the-lawn.blogspot.com/2008/06/rehash-but-also-update.html] : when are you going there?
[…] Cautionary tales on life insurance from Tujuane- Peer pressure: tales of GDP growth of rates of 8% in Ghana and 21% in Angola – Link to a puff piece in memory of the former finance minister-US Airways to […]
Dead indited subject matter, appreciate it for selective information .
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