Audio By Carbonatix
The Ghana Stock Exchange says trading of shares of companies listed on the Ghana, Nigeria and Ivory Coast stock markets should be possible by the end of this year.
The agreement to link up the stock exchanges of the three countries to enable companies raise capital from any one of them irrespective of where they are originally listed has been underway for some time now.
Deputy Managing Director of the local bourse Ekow Afedzi tells Joy Business the benefits of the integration are immense.
“You can sit in Ghana and buy shares in Nigeria or La Cote d’Ivoire for your client. So for the client, it is a wider array of companies that you can invest in across West Africa,” he said.
According to him, the integration will ensure improved liquidity and “it becomes easier to buy and sell in these companies. Also transparency will now become a key issue. Already [companies] do disclose [information]. But it will even become a lot more. The investor is even more protected when it comes to these things,” 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
-
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
51 minutes -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
57 minutes -
Government to add constitutional referendum to 2027 District Assembly elections
2 hours -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
2 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
3 hours -
Galamsey: ‘Challenge is prosecution, not arrest’ — Lands Minister
4 hours -
MTN to build 80 new sites across the five regions of the north as part of a $1.1bn investment
5 hours -
The Polygamist’s creator says women see themselves reflected in her Netflix hit
6 hours -
UEW Hospital suspends OPD services over GAUA strike
6 hours -
Muzic Mensah selected for Boomplay’s inaugural ‘NEXT WAVE’ Programme
7 hours -
Prime Insight to tackle legal vacation controversy and $1million AKSA bribery case
7 hours -
Ghanaian evacuee from South Africa dies on arrival in Accra
8 hours -
Suicide and the fight to stay alive
8 hours -
POS Foundation raises alarm over student cohabitation, sexual harassment on university campuses
9 hours -
Nandom NPP primary heats up as four candidates enter 2028 race
9 hours