Barring any hitches the Ghana Alternate Exchange (GAX) will see two additional listings this year.
[contextly_sidebar id=”GzBYfOJLP0K8Kq8n8FMnpf70DCvLUZrt”]Indigenous manufacturing company, Hords Cocoa is expected to list on the GAX following its IPO opening.
Intravenous Infusions is also expected to commence its offer following approval from the regulator, Securities and Exchange Commission (SEC).
The Ghana Alternate Exchange has this year already seen two listings, Samba Foods from the manufacturing sector and Meridian Marshalls from the educational sector.
Managing Director of the Ghana Stock Exchange, Kofi Yamoah in an interview with Citi Business News expressed optimism that despite the challenges with the economy, investors will take advantage of the opportunities the capital market offers.
‘’We expect that even in this trying economic times, people will have faith in the market because it’s a long term one and we need to invest with a long term horizon and therefore we believe that people will have faith as far as the capital market is concerned’’ Kofi Yamoah told Citi Business News.
By: Lorrencia Nkrumah/citifmonline.com/Ghana