Societe Generale Securities Services (SGSS) is expanding its securities custody offering in Africa, drawing on the expertise of Societe Generale Ghana (GSE:SOGEGH), the Group's subsidiary in the country.

Moody's Investors Service ("Moody's") has today downgraded GCB Bank PLC's (GCB Bank or GCB) global long-term deposit ratings to Caa1 from B3 and lowered its Baseline Credit Assessment (BCA) and Adjusted BCA to caa1 from b3. The outlook on the bank's long-term deposit ratings has been changed to stable, from negative.

The State Interest and Governance Authority (SIGA) has shortlisted 11 state-owned enterprises (SOEs) for listing on the Ghana Stock Exchange (GSE). This follows a review of 36 companies, out of which the 11 were shortlisted as the first cohort to list and raise capital from the GSE.

Golden Star Resources (GSR) is poised to delist from the Ghana Stock Exchange (GSE), with the relevant processes expected to be completed today, January 17, 2022.