Audio By Carbonatix
The Ghana Stock Exchange has joined hands with Venture Capital Trust Fund to support small businesses wanting to list on the local bourse.
This has seen the two institutions sign a memorandum of understanding on Tuesday to formalize the partnership.
The arrangement will see the two institutions set up a revolving fund with a seed capital of one million dollars to take care of the listing expenses of small firms.
Managing Director of the Ghana Stock Exchange Kofi Yamoah tells Joy Business this should make it easier for small enterprises to come onto the exchange
Chief Executive of the Venture Capital Trust Fund, Daniel Doku on his part says the arraignment should provide an exit strategy for its investments in some of these firms.
The Ghana Stock Exchange plans to establish a separate market for small businesses and start ups by June this year.
The Ghana Alternative Exchange will specifically would be dedicated to start ups and with flexible listing requirements.
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
-
Ghanaian delegates at IYF 2026 could become bridges for stronger Russia ties – John Aggrey
4 minutes -
Nigeria: Over 30 dead, 50 hospitalised after consuming alcoholic substance in Ondo State
6 minutes -
UK lawmakers demand new law to address AI threat to human rights
15 minutes -
WAFU B U-17 Girls Cup: Black Maidens depart Accra for tournament in Yamoussokro
15 minutes -
Sweden’s center-left bloc narrowly ahead as election remains too close to call
26 minutes -
GPL 2026/27: ‘We won ugly’ – Kotoko head coach unimpressed after Lions victory
29 minutes -
7 out of 10 human trafficking cases in Ghana never reach prosecution — JoyNews Research
45 minutes -
Music, football to converge at Music Meets Football Summit 2026 in Lusaka
50 minutes -
Putin invites young global leaders to partner with Russia in shaping future world order
50 minutes -
Putin calls for ‘just world’, says every nation must be free to choose its own path
58 minutes -
IFY 2026 food festival to serve 20,000 meals showcasing global cuisines in Russia
1 hour -
Ghana has a Domestic Violence Act: But can a victim afford to use it?
1 hour -
Young artists from 100 countries showcase works at IFY 2026 in Russia
1 hour -
Russia opens neo-Nazism exhibition at International Festival of Youth 2026
2 hours -
‘Let’s change the world together’ – Putin tells young people
2 hours