The Ghana Stock Exchange (GSE) will soon introduce two new debt markets – the Commercial Paper Market and Private Capital Market.
This will enable listed companies to raise short-term funds to meet their financing needs.
The move by the GSE is aimed at improving liquidity on the market.
David Tetteh, a Consultant at the GSE, said there is the need to introduce these markets since Ghanaians better appreciate them.
Due to this, the GSE is developing market products that are similar to loans to cater for the needs of Ghanaian investors and businesses.
Mr. Tetteh said the Commercial Paper Market and Private Capital Market are similar to loans, and will allow companies to raise short-term funds to meet their financing needs.
The GSE has over the years suffered from challenges in the Ghanaian economy. Anytime, inflation and interest rates surge, it impact negatively on the market, leading to negative year-to-date.
The GSE has in the past introduce several innovation to grow the market.
They include the Ghana Alternative Market for Smaller and Medium Scale Enterprises and the bond market.
It has also led a campaign to encourage multinational companies to list on the GSE to enable Ghanaians become part owners.
- Mobile Money transactions in only 2 months of 2023 hit ¢264.1bn
- We would all have sworn to Antoa if my dad was alive – Zanetor Rawlings
- I don’t know – Akufo-Addo on presence or otherwise of Al-Qaeda troops in Ghana
- Kamala Harris urges Ghana’s creditors to help meet debt obligation amid IMF talks
- Speculation that NDC imposed its decision on Minority Caucus is untrue – Sammy Gyamfi
- Popular American filmmaker Spike Lee is in Ghana
- T-Bills auction: sales undersubscribed by 23%; interest rates remain stable
- BoG increases policy rate to 29.5%; loans to remain expensive
- AFCON 2023Q: Osman Bukari salvages point for Black Stars against Angola
- We’re committed to helping Ghana resolve current economic crisis – China assures
- Harris’ visit should accelerate US-Ghana partnerships – Genser
- NDC’s ‘betrayal’ may have been the result of several factors – Dr. Seidu Alidu
- Taking pictures, videos of ballots was not a party directive – Murtala Mohammed
- NDC as a party did not fail Ghanaians – Kofi Adams
- There had been broad consultation, consensus to reject President’s ministerial nominees – Murtala Mohammed
- Israel Laryea is away “on loan” at Influencer Africa
- Patriotism won over partisanship – Annoh-Dompreh on approval of six ministerial nominees
- Playback: PM Express discuss NDCs betrayal
- Fight against galamsey will be won if Akufo-Addo loses power – Kwakye Ofosu
- People fail in life due to their mindset – Motivational speaker
- Become the voice of climate change reporting – Climate Change Fellows urged
- Destination Ghana Global Project announces This Is Africa Festival
- Kamala Harris features Black Sherif, Amaarae on Spotify playlist
- Kwaebibirem United FC to raise funds to support operation of the club
- 9-year-old Fotocopy makes history with two concerts in a day