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
-
From Mortuary to Matrimony: Feature on how couple’s love journey brewed at the morgue airs on Joy Prime
5 mins -
Ghana’s LPG prices rank among the highest globally – LPG Marketers Association
13 mins -
Filth Exhibition: Residents near Korle Gonno bear the brunt of nationwide filth
26 mins -
We’ve not selected NPP members as returning officers – EC replies Mahama
43 mins -
We’ll not honour any invitation – ECG tells Ashanti Regional Minister
1 hour -
Dumsor vigil to hit Accra
1 hour -
Supreme Court rule for dual citizens to hold other key positions laudable – Kwaku Asare
1 hour -
‘No one is above the law’ – CAF president on match-fixing allegations against Samuel Eto’o
2 hours -
Manchester City thrash Brighton to go second in table
2 hours -
NDC’s running-mate speech proves readiness to lead – Asah-Asante
2 hours -
Further win for nibima as another KNUST study supports medicinal prowess
2 hours -
World Bank’s food price index eases; maize, wheat prices hit 3-year low
4 hours -
2020 polls all about pulling Ghana back from precipice of destruction, corruption – Naana Jane
4 hours -
Guru expresses interest in contesting SRC election at UG
4 hours -
Oil prices projected to average $84 in 2024 – World Bank
4 hours