[ 2015-03-31 ]

Goldfields to list on the Ghana Stock Exchange
Mining firm Goldfields Ghana says it is working to
list on the Ghana Stock Exchange (GSE) within the
next two years.
The mining firm has already engaged a foreign
advisory firm Bullion to aid the process.
Currently Anglogold Ashanti and Golden Star
Resources are the only two listed mining firms
listed on the local bourse, out of the about 16
operating in the country.
However, analysts say the number of mining firms
listed on the GSE could hit three by 2017.
Country Manager of Goldfields, Alfred Baku, told
Joy Business plans to list on the GSE is
influenced by efforts to let Ghanaians own part
of the firm.
Some analysts see the move by Goldfields as port
of efforts to comply with the country's local
content policy.
Government has indicated plans to soon compel
foreign firms operating in the country to list on
the local bourse.

Source - MyjoyOnline

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