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Mary Marfo

2 years ago

GSE TEAMS UP WITH YOUNG INVESTORS NETWORK, OTHERS TO SEND

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GSE teams up with Young Investors Network, others to send off venture schooling for youth

The Ghana Stock Exchange as a component of its evenhanded to increment mindfulness and develop monetary proficiency in the nation, has cooperated with the Young Investors Network (YIN) and other industry players to send off a bundle of Investment Education Programs for the young.

 

This is pointed toward advancing revenue in reserve funds and speculation among the young, accordingly supporting monetary education.

 

The projects incorporate an Investment Training Tour to chosen Universities pointed toward making mindfulness about the Capital Market and furthermore giving vocation direction to understudies as well as a Stock Pitch Competition in which tertiary understudies are to suggest a recorded organization and give motivations behind why it is a reasonable speculation choice. A Capital Market Quiz, which is a drive to provoke senior secondary school understudies to build their insight into reserve funds and venture, exercises on the capital market and business is likewise part.

 

Talking for the benefit of the Director of the Financial Sector Division, the Head of Banks and Non-Bank Unit of the Ministry of Finance, Andrew Ameckson expressed "figuring out how to acquire, use and set aside cash is seen generally in higher pay nations as a significant stage to setting up the adolescent to turn out to be socially and monetarily capable grown-ups, and it's the same as our area of the planet".

 

"Understudies should comprehend that being monetarily educated goes past the simple responsibility for ledger. Information on what goes into speculation is pretty much as significant as knowing the requirement for a ledger", he added.

 

The Deputy Director-General, Finance of the Securities and Exchange Commission, Paul Ababio said, "the program addresses a vital chance to help the execution of Pillar Two of the 10-year Capital Market Master Plan that looks to grow the financial backer base by connecting with additional individuals. It likewise squeezes into the public monetary consideration and improvement procedure which plans to expand admittance to formal monetary administrations from 58% to 85% of the grown-up populace by 2023".

 

The Young Investors Network (YIN) is monetary instruction association with a strong obligation to teaching the young on monetary education and business abilities with venture programs intended to help a good business environment.

 

The President of YIN, Joshua Mensah said, "Scholarly capabilities are significant for our childhood and monetary training. They are both significant, however the schools are failing to remember one of them; that is monetary education. We won't stop until the last Ghanaian youth is monetarily proficient."

 

Talking for the Managing Director of GSE, the Head of Listing and New results of GSE, Joyce Esi Boakye expressed, "Cooperation of the young in capital market exercises and venture, as a rule, is still low in Ghana.It has in this way become basic to foster a designated speculation training program with different accomplices to assist with implanting a reserve funds and speculation culture among the adolescent. This will assist with working on their way of life and scaffold the monetary proficiency hole inside the country.

 

"With venture schooling being a basic piece of its brilliant course of action, the GSE is focused on supporting the carry out of these projects and aiding drive it to its planned objective", she added.

 

The accomplices supporting this program incorporate UMB Stockbrokers Ltd, IC Securities Ltd, Axis Pension Trust, Central Securities Depository, National Pensions Regulatory Authority (NPRA), Databank, NIMED Capital Ltd, and the Securities and Exchange Commission (SEC). The projects will be carried out from July this month at the different grounds.

 

This is supposed to help the GSE and its accomplices' endeavors in setting up the up and coming age of financial backers to make riches and backing the advancement of the capital market in Ghana.

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