Re-Capitalisation Grips Financial Markets

Ghana's financial market is undergoing some dramatic capital increases following the country�s entry into the league of oil producers and the attainment of a lower middle income status. This has pushed regulators of the financial sector to compel industry players to up their capital base to conform to Ghana�s desired status as the financial hub of the sub region. But just when the insurance companies had come out of a bout of recapitalisation, some local banks are trotting to the wire while the brokerage firms have just been hit with a recapitalisation drive.

 
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