Domestic Credit Agency to rate companies in the offing

Consistent with him, the GSE, national Pensions Regulatory Authority (NPRA) and the country wide coverage commission (NIC) have agreed to aid the status quo of the DCRA.

Imparting update arrangements towards the establishment at the sidelines of a workshop at the Bond marketplace and Ghana’s constant income marketplace Operations in Accra on Tuesday, Mr Simons said GSE might hold 50 consistent with cent shares of the organisation, whilst NPRA held 25 in keeping with cent and NIC also held 25 according to cent.He stated the economic proposals for the improvement of the corporation had been being developed.The pinnacle of GFIM disclosed that the world financial institution could also provide some seed funding for the established order of the company.

The workshop was organised through the Institute of financial reporters (IFEJ) in collaboration with the GSE to educate journalists at the operations of the Bond market and the Ghana constant profits market to improve their reportage available on the market.He said a Technical Committee were constituted to expand the proposals for the registration to fulfill the necessities of the Securities and exchange fee.

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