Business News of Tuesday, 11 December 2012

Source: Charles Addo

Ghana’s peaceful elections likely to attract investors- Expert

A financial analyst says Ghana’s peaceful elections could attract investors on the capital market but managers of the markets and government need to create enabling environment.

According to the expert, there is still so much inactivity on the market and liquidity is still low.

This, he added, make Ghana’s market unattractive hence the need to invest more into it.

Head of Research at Gold Coast Security, Mr. Samuel Ampah, speaking on Citi Fm Tuesday said market should be made to send a positive signal to investors.

Mr. Ampah noted: “there should be a lot more lifting on the capital market, there are companies that are being lured onto the capital market, when these companies go into the market it opens more activities to enable investors to go onto the market so a lot more work needed to be done in this direction”.

He added that investors all over the world look out for markets that support “sale driven” and that Ghana’s market should be made to attract more investors.