{"id":103102,"date":"2025-11-13T08:43:18","date_gmt":"2025-11-13T08:43:18","guid":{"rendered":"https:\/\/sotnews.agency\/?p=103102"},"modified":"2025-11-13T08:43:18","modified_gmt":"2025-11-13T08:43:18","slug":"gse-boss-makes-bold-call-for-scrapping-of-capital-gains-tax-to-boost-investments","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=103102","title":{"rendered":"GSE boss makes bold call for scrapping of capital gains tax to boost Investments"},"content":{"rendered":"
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The Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, has reiterated calls for the removal of the capital gains tax on listed securities.<\/p>\n

Delivering an address at a ceremony to mark the10th anniversary of the Ghana Fixed Income Market (GFIM), she described the tax as a key hindrance to investment on the financial market.<\/p>\n

According to her, restoring the tax to zero will attract more investors and deepen the market.<\/p>\n

\u201cHere, I talk for the whole industry, a review of capital gains tax on listed securities, and we want it back to zero,\u201d she emphasised.<\/p>\n

M. Amoah\u2019s call forms part of four key measures outlined in her address to champion the expansion of the financial market.<\/p>\n

One of the measures was a passionate appeal to cabinet for the speedy approval of policies that will enable viable State-Owned Enterprises (SOEs) to raise long-term capital through the GFIM and other GSE platforms.<\/p>\n

She believes this will not only improve corporate governance but also reduce the burden on public finances.<\/p>\n

\u201cWe call for the Cabinet\u2019s speedy approval to enable viable State-Owned Enterprises to use GFIM and other GSE platforms to raise capital and improve corporate governance,\u201d she stated.<\/p>\n

She further called for incentives that would encourage multinational companies operating in Ghana to localise ownership through the Ghana Stock Exchange.<\/p>\n

The private-public partnership bonds for long-term infrastructure development, such as municipal bonds and the use of pension funds for capital-intensive projects, were also cited by the GSE boss as some of the key measures.<\/p>\n

The GFIM platform has traded cumulative volumes of over 1.2 trillion over the years.<\/p>\n

Although volumes in trade dipped from 230 million in 2022 to 98 billion in 2023, due to the Domestic Debt Exchange Programme (DDEP), trading has experienced a phenomenal rebound, with records from the GSE suggesting 214 billion in trades as of October 2025.<\/p>\n

The GSE MD\u2019s comments come at a time when Ghana\u2019s capital market is seeking to regain momentum following the impact of the Domestic Debt Exchange Programme.<\/p>\n<\/div>\n

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\"GSEM. Amoah’s call forms part of four key measures outlined in her address to champion the expansion of the financial market.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12413,12,12414,3639,10,9,6646,2130],"tags":[],"class_list":["post-103102","post","type-post","status-publish","format-standard","hentry","category-abena-amoah","category-business","category-gfim","category-gse","category-politics","category-popular","category-soes","category-stocks"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/103102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103102"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/103102\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}