22December2014

Business in Ghana

Ghana stock exchange lauded for improving trade transactions in the country

 


 The Ghana Stock Exchange (GSE) has been commended for stablizing trading activities since its inception in  the country.

According to the Manager in charge of Sales and Products at Deloitte Ghana, Kwabena Situ, the number of businesses on the stock exchange has increased significantly and trade is booming in the country.

He says the GSE has been able to overcome the numerous challenges to achieve this impressive feat of taking Ghana’s stock trading to the next level.

In an interview with Gold Business Report, Kwabena Situ noted that  the Stock exchange can still do better if the players in the stock trade adhere strictly to the regulations that guide the activities of the Ghana Stock Exchange.

He acknowledged that the Ghana Stock Exchange has been active in trade since its establishment in November 1999 noting that “the listed companies on the stock exchange has increased from 11 to 32. In 2008, it was adjudged one of the inovative stock exchange in Africa”.

The Manager in charge of Sales and Products at Deloitte Ghana, Kwabena Situ further added that the Ghana Stock Exchange has received international recognition indicating that “the listed companies on the stock exchange operate in accordance with the International Financial Report Standard (IFRS)”.

Source: Gold Business Report || Eric Agyekum