The idea of establishing a Stock Exchange in Ghana lay on the drawing board for almost two decades prior to its implementation. In February 1989, the issue of establishing a stock exchange moved a higher gear when a 10 - member National Committee was set up by the Government.
The work of the committee was to consolidate all previous work connected to the Stock Exchange project and to fashion out modalities towards the actual establishment of the Exchange. As a result of the work of the committee, the Ghana Stock Exchange was established in July 1989 as a private company limited by guarantee. The Council of the Exchange was inaugurated on November 12, 1990 and trading commenced on its floor the same day.
Stocks, bonds and ETFs are traded on GSE.
Website: www.gse.com.gh
Market Regulator: Securities & Exchange Commission Ghana (SEC)
Founded: 1989
Currency: Cedi (GHS)
Clearing and Settlement: T+3
Trading session hours: 9:30 - 15:00 (GMT+1)
Main Index: GSE-Composite Index
SME Compartment: Ghana Alternative Market (GAX)
Tax Rates: 8% withholding tax on dividends, no tax on capital gains until 2015.
Member of:
- African Securities Exchange Association (ASEA)
- West African Capital Markets Integration Council (WACMIC)
- World Federation of Exchanges (WFE), correspondent member
Contact:
5th Floor, Cedi House Liberia Road - P.O. Box 1849 - Accra, Ghana
Phone: +233-30-2669908 / +233-30-2669935
Fax: +233-30-2669913
Email: info@gse.com.gh
