Ghana’s richest investor Daniel Ofori faces tough time as stake in Societe Generale slumps by $2.4 million
Ofori remains the richest investor on the Ghana Stock Exchange and one of the wealthiest businessmen in the country.
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Ofori remains the richest investor on the Ghana Stock Exchange and one of the wealthiest businessmen in the country.
Ofori’s stake in Societe Generale Ghana has decreased by over $1.5 million since the start of the year.
Ofori owns 7.49 percent of GCB Bank.
Ofori, the wealthiest shareholder on the Ghana Stock Exchange, owns 7.49 percent of GCB Bank.
Ofori owns 6.8 percent of the Accra-based bank.
Societe Generale Ghana is Ghana’s fourth-largest commercial bank.
Shares in Societe Generale Ghana have surged to their highest level in three years.
The gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender.
Ghana Commercial Bank is one of the largest banks in Ghana in terms of total operating assets.
The decline can be attributed to the profit-taking activities of retail investors who exited the bank.
CalBank is a leading commercial bank in Ghana.