
Audio By Carbonatix
The Ghana Stock Exchange is to establish a separate market for small businesses.The market which is set to begin operations by the close of this year is designed to serve small businesses wanting to use the exchange to raise capital.Deputy Managing Director of the Stock Exchange Ekow Afedzi tells Joy Business this is part of the plans to attract more local businesses to list on the Accra bourse.“We will create a special market for those companies; rural banks, small companies that want to use the market to raise more capital.“Together with the Security and Exchange Commission we will work together to create a market that will serve that group of companies.“Most often Ghanaian companies grow to a certain level and cannot expand anymore. We need to break that and get more companies to raise long term capital," he said.Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Dagbamete chief urges completion of road project, expansion of vocational training
2 minutes -
Urgently cancel Truedare AI Customs deal over cost concerns – Joseph Cudjoe to Mahama
8 minutes -
Poor safety habits to blame for recurring boat fatalities — GMA boss, Kamal-Deen Ali
14 minutes -
Owabi 75% blocked, Barekese loses 40% capacity as siltation, plastics threaten water supply crisis
23 minutes -
Ashanti RCC seeks to clear unauthorised garages under new car mall initiative
25 minutes -
DPS International steals spotlight at Ghana Interschool Festival Part 2
26 minutes -
Republic Bank Ghana PLC leverages Kwahu Business Forum deliberations
26 minutes -
Ghana and Artemis II: Hospitality, Love, and Conquest
28 minutes -
AMA enforces planning rules, demolishes wall built on public right of way
31 minutes -
GFA urged to move for Welbeck, Nketiah amid injury concerns
48 minutes -
KGL to honour 2025 Corporate Income Tax obligations with GHC150m April payment
1 hour -
KiDi, Kuami Eugene, Adina, others billed for Okyeame Kwame’s 50th birthday celebration
1 hour -
Akwapim-Akropong Chieftaincy Clash: One dead after Police shoot-out
1 hour -
Israel and Hezbollah continue strikes as US-Iran ceasefire faces collapse over Lebanon
1 hour -
Asanko Gold supports road rehabilitation to ease transport challenges in Amansie West
1 hour