GSE extends support to Princess Marie Louise Children’s Hospital
As part of its ongoing commitment to corporate social responsibility and impacting the lives of the communities in which it operates, the Ghana Stock Exchange (GSE) has donated a set of computers worth GH₵68,000 to the Princess Marie Louise Children’s Hospital.
The computers will be used to enhance the hospital’s Lightwave Information Management System and improve service delivery to its clients.
Speaking at the donation ceremony, Abena Amoah, Managing Director of the Ghana Stock Exchange, emphasized the importance of supporting healthcare institutions, particularly those dedicated to the well-being of children.
“We are honoured to contribute to the Princess Marie Louise Children’s Hospital. This donation is a testament to our commitment to social responsibility and our desire to see significant improvements in healthcare delivery in Ghana,” she said.
Dr. Maame Yaa Nyarko, Medical Superintendent of Princess Marie Louise Children’s Hospital, expressed her gratitude to the GSE for their support.
“This generous donation will go a long way in helping us enhance our services. The new computer equipment will improve our efficiency and enable us to provide better care for our young patients,” she. said.
The Princess Marie Louise Children’s Hospital, located in Accra, is renowned for its dedicated pediatric care.
The hospital serves thousands of children each year, providing critical medical services and improving health outcomes for the community.
The Ghana Stock Exchange remains committed to contributing positively to the communities in which it operates, and this donation reflects its broader mission to foster growth and development in various sectors of society.
The ECB’s move represents a switch from the onset of the inflation surge, when the Fed took the lead in tightening credit by raising rates starting in March 2022, sending mortgage costs higher but also boosting returns for savers with money in certificates of deposit or money market funds. The ECB started four months later.
Major central banks around the world now are leaning toward lowering interest rates. Central banks in smaller economies have already cut rates, including in Canada, Sweden, Switzerland, Hungary and the Czech Republic.
The Bank of England’s policymakers are scheduled to meet on June 20, but it’s not clear whether the governing board will cut the rate from 5.25%.
Japan, an economic outlier among the world big economies, has started raising rates after years of below-zero rates and low inflation.
Lower rates can mean lower mortgage costs and credit card charges for consumers.
Lower rates also can boost stock prices and the value of retirement accounts since they diminish returns on conservative alternatives such as certificates of deposit and can mean stronger economic growth that will boost corporate earnings.
