Audio By Carbonatix
The Ghana Stock Exchange (GSE) has signed and exchanged a Memorandum of Understanding (MoU) with the Singapore Cooperation Enterprise (SCE).
The move is GSE’s aspirations to transform into an efficient, world-class platform for investments and raising capital.
SCE, an agency of the Trade and Industry Ministry and Foreign Ministry of Singapore, works closely with Singapore’s 16 ministries and over 60 statutory boards to scope out and tailor possible solutions to match the needs of foreign governments and help meet their development objectives.
The MoU was to seal an agreement between the two parties for the SCE to provide support to the GSE in its efforts towards capacity building.
In addition to furthering bilateral relations between Ghana and Singapore, the signing comes as another step in a series of progressive actions the GSE is taking towards transformation and relevance.
Under the agreement, the SCE will provide advisory services to transform the existing structure of the GSE towards demutualisation.
This will be done with an emphasis on building the capacity of the GSE with the goal of improved efficiency, relevance, and profitability.
The MOU was part of activities for the official visit of the Senior Minister of Singapore, Tharman Shanmugaratnam. Dr Poh Ling Neo, Senior Director, Africa, SCE and Ekow Afedzie, Managing Director, GSE appended their signatures to the MOU.Mr Shanmugaratnam and the Finance Minister, Ken Ofori-Atta witnessed the signing.
Latest Stories
-
BRUHM launches “Honours Legends” campaign to celebrate Ghana’s football icons
10 minutes -
Man found dead in uncovered manhole at Bibiani
15 minutes -
The smartest $130,000 property investment in Accra at the moment
23 minutes -
Parliament to hold public forum on unsafe structures
28 minutes -
Gender Ministry moves to sanction errant caterers over substandard school meals
35 minutes -
Three of 16 unsafe structures in Accra demolished; Tema Kaiser Flats next – NADMO
40 minutes -
Government suspends street operation targeting foreign children over funding constraints – Minister
43 minutes -
Lack of enforcement behind delayed demolition of unsafe buildings – MP
44 minutes -
ValueJet is connecting West Africa, and Accra is at the centre of it
44 minutes -
School Feeding Programme serves 4 million pupils nationwide – Gender Minister
45 minutes -
MP, DCE and health officials urge urgent completion of hospital project in Wa East
49 minutes -
Analysis: Chinese takeover of Atlantic Lithium could force MIIF to exit at a loss
1 hour -
GCB Bank hosts Bank of Uganda delegation to deepen regional financial market cooperation
1 hour -
Medeama SC boss funded my new Black Stars cheer song – Grace Ashly
1 hour -
No financial clearance for school feeding expansion this year – Gender Minister
1 hour