Skip to main content

Investment Times Newspaper 2023 Edition | Issue 25

Page 1

Jeremy Awori is new Ecobank Group CEO

Pg

3

MONDAY 13 March 2023 Issue No. 25

A NEW THINKING

AngloGold Ashanti closes register for final dividend payment Energy Minister to speak on Ghana’s near-term opportunities at NAEPEC 2023 The Energy Minister, Dr Matthew Opoku Prempeh will be participating for the first time in the North Africa & Europe Energy & Hydrogen Exhibition & Conference (NAEPEC). The Conference is organised at the Fira Barcelona, Gran Via, Barcelona, Spain from the 13-17 March, 2023. Dr. Prempeh will be speaking on Monday, March 13, as a keynote speaker on Ghana’s energy sector initiatives, the global energy transition and opportunities available in Ghana’s near – team initiatives and projects. The Manhyia South lawmaker is expected to put the spotlight on Ghana’s oil and gas prospects especially as Ghana’s energy transition framework provides for the use natural gas as transition fuel. The Minister who will participate in panel discussions is also expected to highlight Ghana’s green energy prospects. This will be the context of the transition and state quite clearly Ghana’s pathway to net zero within the century. These are parts of the efforts by the Minister, Dr Opoku Prempeh to position Ghana’s energy sector positively in the eyes of the international investor community.

Vodafone celebrates Ghana’s 66th Independence Day with Loyal Customers in Ho Pg

3

Reconsider new minimum ¢20k quota– Private Electricity Vendors Association to ECG The National Private Electricity Vendors Association has passionately appealed to the Electricity Company of Ghana to reconsider the new minimum quota level of ¢20000. This follows an increase in the minimum quota purchase per meter type from ¢5000 to ¢20,000,! effective March 1, 2023. A letter signed by the Managing DiGhanaian last year’sDubik event rector of Participants the ECG,atSamuel Mahama, pointed out that this is to reduce the volume of daily transactions and also to quicken the processing of quota purchased by individual vendors. But the National Private Electricity Vendors Association in a statement said vendors who have now dropped or may dropped effective from March 1, 2023 will definitely cause inconvenience to ECG cus-

3

tomers within their localities because they will then have to travel to other areas to purchase credits for their meters. “With due respect, may we request you to consider not to increase the minimum quota level & to the ¢20,000. We fervently appeal that you maintain the current quota purchase of ¢5000 per meter , since the change will have tremendous impact on vendors as well as customers within the communication countrywide”. Also, it said with even the current minimum level some vendors have dropped from operating from their locality simply because they are finding it difficult to raise enough capital for their operations, pay for shops rent, utilities and cashiers they have

2

African Union calls for transformative technology and digital education for African women By Kestér Kenn Klomegâh

SuCasa Properties pays courtesy call on Works & Housing Minister … eyes affordable housing across the nation Pg

AngloGold Ashanti Limited (AGA) has announced the payment of a final dividend of 257.60 South African cents for the financial year ended December 31, 2022. The amount is less 15 per cent of the gross of 322 South African cents. The Ghana Stock Exchange (GSE) said the “dividend will be converted on Tuesday, March 14, 2023. All shareholders registered in the books of AGA at the close of business on Friday, March 17, 2023, will qualify for the final dividend.” The GSE said the Register of shareholders will be closed from Monday, March 20, 2023, to Tuesday, March 21, 2023, both dates inclusive. “In view of the foregoing, the ex-dividend date has been set as Wednesday, March 15,2023. Consequently, an investor purchasing AGA shares before this date will be entitled to the final dividend,” it said. It noted, however that, an investor buying AGA shares on or after Wednesday, March 15, 2023 will not be entitled to the final dividend adding that: “The final dividend will be paid on Friday March 31, 2023.”

2


Turn static files into dynamic content formats.

Create a flipbook
Investment Times Newspaper 2023 Edition | Issue 25 by Investment Times - Issuu