Proposals to up the capital required for investment houses, fund managers and brokerage firms to operate have been welcomed by the players. There are however worries the move could lead to the demise of smaller firms which provide targeted services to retail investors. The Ghana Stock Exchange is proposing to increase the threshold ten times, to at least a million Ghana cedis in the next two years. Head of investment firm Ecobank Development Corporation Ghana, Mike Kobblah said the smaller businesses would have to adjust by consolidating with other firms in order to compete. But the Head of research at Databank Financial Service Nii Ampah Sowah tells Joy Business this should put the brokerage firms on a strong footing. Source: Joy Business/Ghana