Capital Markets

Ghana Capital Markets 2012
While activity and liquidity on Ghana’s capital markets are both still relatively low, transaction values have been on the rise and certain reforms are set to inject significant funds into the market in 2012. As of March 2012 there were 34 companies listed on the Ghana Stock Exchange (GSE). The GSE’s value reached $264.4m, the highest to date. The agro-processing and petroleum industries have been among the best-performing sectors in the GSE in 2012. The government is seeking to undertake reforms that will increase liquidity, including pushing firms with few shares to dilute them. Further measures, such as increased tax incentives, might also be instated to boost listings. This section contains an interview with Kofi Yamoah, Managing Director, Ghana Stock Exchange (GSE); and a viewpoint by David Awuah-Darko, Managing Director, IC Securities. In conjunction with IC Securities, OBG provides analyses and data for five major shares on the GSE.
Cover of The Report Ghana 2012

The Report

This chapter is from the Ghana 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of David Awuah-Darko, Managing Director, IC Securities
David Awuah-Darko, Managing Director, IC Securities, on the nascent bond market