Tag: Ghana Stock Exchange
Ghana’s Health Ministry says there are 24 confirmed coronavirus cases in the country with one death recorded. Ghana’s government in an effort to curtail the spread of the pandemic has closed most of its borders. Collins Appiah, Economic Advisor at Services Integrity Savings and Loans joins CNBC Africa to discuss the impact of the coronavirus on Ghana’s economy and the stock market.
Databank says gloomy economic outlook have continued to weigh on Ghanaian equities as the Ghana Stock Exchange declined by 26.5 pe rcent year-on-year in the third quarter of this year. Alex Boahen, Head of Research at Databank joins CNBC Africa to look at the country’s equities market.
The Chairman of the Council of the Ghana Stock Exchange (GSE), Albert Essien, says consultations are ongoing to change the legal status of the Ghana Stock Exchange from a non-profit member-based organisation to a profit-making organisation with share ownership structure by the end of the year. Derrick Mensah, Portfolio Manager at IC Asset Managers joins CNBC Africa for more.
South-African telecommunication giant, MTN Group is set to list on the Ghana Stock Exchange today despite falling short of its initial public offer. Collins Appiah, Economic Advisor at Service Integrity Savings and Loans joins CNBC Africa to discuss the significance of this listing for the exchange and Ghana’s teleco space.