The Kasapreko IPO was oversubscribed.
40% of the money will be used to purchase shares, while the remaining 60% of their application funds will be refunded.
This strong demand reflects investors' confidence in the company and its future prospects.
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🇬🇭 Ghana Business & Markets Brief
Investment News You might have missed during the week from 23rd May to 30th May
🔹 Agriculture
Deputy Minister for Food and Agriculture, Hon. John Dumelo, has announced a personal pilot project to sponsor 20 young farmers for large scale dry season tomato production. The initiative aims to cultivate more than 400 acres collectively and reduce Ghana's dependence on tomato imports.
🔹 Financial Sector
The Bank of Ghana has filed a suit at the Supreme Court challenging a Court of Appeal ruling that ordered the restoration of GN Savings and Loans' licence.
🔹 Capital Markets
In Nigeria, Dangote Sugar Refinery Plc has opened its rights issue, offering 8 billion new ordinary shares at ₦60 per share. The offer runs from May 25 to June 24, 2026.
🔹 Energy
GOIL PLC has regained the top position in Ghana's downstream petroleum sector. According to Q1 2026 data from the National Petroleum Authority, GOIL's market share increased from 11.14% to 13.6%.
🔹 Mining
Ghana Gold Board has signed a refinery agreement with Royal Ghana Gold Refinery as part of efforts to strengthen local gold value addition.
🔹 Cryptocurrency
The Ghana Revenue Authority plans to deploy digital systems to monitor and tax cryptocurrency transactions and gains. Commissioner General Anthony Sarpong says existing tax laws apply to crypto related income.
🔹 Investment Promotion
The Ghana Investment Promotion Centre has announced the upcoming launch of the Invest Ghana Podcast, aimed at showcasing investment opportunities and business success stories.
📈 Ghana Stock Exchange
Top Gainer:
• ZEN Petroleum (+7.8% to +9.9%)
Top Losers:
• SIC Insurance
• MTN Ghana
• CalBank
🏗 Construction
Building cost inflation remained unchanged at 2.2% in April 2026. However, construction input prices recorded stronger month on month increases, according to the latest Prime Building Cost Index from the Ghana Statistical Service.
#Ghana #Markets #Investing #Agriculture #Crypto #Energy #GSE
One of the biggest challenges facing the Ghana Stock Exchange today is liquidity.@gstockexchange
Many retail investors are willing to invest, but buying and selling shares can take too long due to low trading activity. This discourages participation and makes the market less attractive, especially to younger investors who are used to fast and efficient trading platforms.
The GSE has done a lot to grow the market, but more needs to be done to improve liquidity. We need policies and innovations that make it easier for investors to buy and sell shares quickly, attract more market participants, and increase trading volumes.
The world's largest markets thrive because investors can enter and exit positions efficiently. Ghana should continue working towards a market that is deeper, more liquid, and more accessible to everyone.
A more liquid market benefits retail investors, institutions, listed companies, and the entire economy.
Let's make the Ghana Stock Exchange a market where investing is not only rewarding but also efficient. 🇬🇭📈
#GSE #Investing #GhanaStockExchange