Audio By Carbonatix
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.
Latest Stories
-
Carlos Queiroz reappointed as Black Stars head coach
26 minutes -
Gov’t targets TVET transformation with US$300m World Bank facility
27 minutes -
Flying into Ghana with more than 2 phones may face commercial import charges – GRA
31 minutes -
Education Ministry warns private schools against use of unapproved textbooks
35 minutes -
Travelers with multiple new devices returning to Ghana to pay additional charges – Customs Commissioner
47 minutes -
John Boadu: A lifetime of party service, experience and grassroots leadership
51 minutes -
Ghana to host 16th African Economic Summit as Friends of Africa brings Global Investment Dialogue to Accra
56 minutes -
“We have stabilised the present; now we must secure the future” — Deputy Finance Minister
57 minutes -
Broadcast journalist and laboratory scientist Emmanuel Samani declares GAMLS General Secretary bid
58 minutes -
Oppong Nkrumah questions Chief Justice’s ‘unprecedented’ tour of state-owned institutions
59 minutes -
Online fraud accounts for 47% of Ghana’s cyber incidents – CSA
1 hour -
Rome declares security ‘red zone’ around the Colosseum to protect tourists amid violent crime incidents
1 hour -
Interior Ministry investigated Gomoa-Effutu boundary concerns before clashes – A Plus
1 hour -
Chief Justice praises MIIF, other SOEs, questions what Ghana was doing in past 8 years
2 hours -
FDA recalls Arcan Bitters over undeclared erectile dysfunction drug
2 hours