- Ghana’s capital market has evolved significantly since the 1980s, expanding from a narrow base to a diversified ecosystem with equities, bonds, and mutual funds.
- The sector has faced recent challenges, notably the Domestic Debt Exchange Programme, which eroded investor confidence.
- The newly introduced Value Added Tax Act, 2025 (Act 1151), imposes VAT on services in the capital market, potentially increasing operational costs for investors.
- The article questions whether this VAT imposition is a policy decision or a drafting error and examines its likely negative impact on market performance.
- Recommendations are offered for regulators, government, and market players to consider ways to restore investor trust and support sector growth.
Source: newsghana.com.gh
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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