The Ghana Stock Exchange (GSE) established in February 1989 provides competent facilities for investors. However, there is a long felt need to educate the public on the benefits and risks in stock trading. Price movements of stocks pertaining to Ghana’s natural wealth such as gold, cocoa and crude stocks do feature in daily announcements. But much needs to be done on educating the public on how the stock market functions.
- Ghana’s investors need to be aware of the existing activities of the stock market.
- A survey reveals that there is a dearth of regular reports on the stock exchange over
the last 1 year. This needs to be addressed.
- Adding value to the knowledge of the citizens in order to build their financial portfolio needs serious consideration.
Profound communication on the movement of stocks is extremely important. Luring investors by showcasing hollow fantasies to build a fortune needs to be curbed and a healthy participation needs to be encouraged.
A need to guide the layman through interactive tutorials is imperative and one has to know that investing in stocks (unlike gambling) must be spearheaded by a strategic and well-informed approach through consultation. This is bound to play its positive role in facilitating a sound investment.