Audio By Carbonatix
Parliament on Thursday passed the Securities Depository Bill and is awaiting presidential assent.
The law will provide legal backing to bring government instruments and shares onto an electronic system known as the Central Securities Depository CSD.
Currently only government instruments including treasury bills and bonds are on the CSD.
Shareholders will therefore no longer need to keep share certificates as evidence of owning shares as their records will also be kept on the Central Securities Depository.
The move to bring listed shares onto the CSD has been one of the major programmes of the Ghana stock Exchange since last year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
AGRA Ghana salutes Farmers as nation marks Farmers’ Day
8 minutes -
Bawumia’s favourability rises, widens lead in new Global Info analytics survey
10 minutes -
Minority accuses gov’t of neglect after GH¢5bn rice left to waste
16 minutes -
Why Tsatsu Tsikata’s legacy is Ghana’s future
21 minutes -
Farmers need support all year, not just awards’ — Prof. Boadi
29 minutes -
Spotify ranks ‘Konnected Minds’ Ghana’s No. 1 Podcast for 2025
32 minutes -
Minority caucus push for modern AI-driven agricultural and fisheries revolution
34 minutes -
Mahama reaffirms Ghana’s commitment to ending HIV/AIDS by 2030
34 minutes -
Martin Kpebu poised to defend claims against Special Prosecutor – Counsel
39 minutes -
Kareweh criticises govts for policies that look good but achieve little in agriculture
41 minutes -
Galamsey is killing our cocoa, our water, our future – Minority warns of food security meltdown
43 minutes -
Keta is drowning, not fishing – Minority demands urgent fix to premix fuel breakdown
57 minutes -
Rising attacks on journalists demand better coordination with Security agencies — MFWA
1 hour -
A nation that left its farmers behind – Minority blasts gov’t over GH¢5bn grain disaster
1 hour -
Move to scrap OSP is premature, Inusah Fuseini tells Majority caucus
1 hour