BY: DANIEL ASARE
Senior Finance Lecturer at the University Of Ghana Business School, Dr. Benjamin Amoah, has opined that the Bank of Ghana must undertake a lot of public awareness campaign in educating Ghanaians concerning the availability of the gold coin on the stock market so that investors can appreciate it.
Hel also stressed that; the bank must collaborate with the Securities and Exchange Commission so that investors can use mutual funds market to participate in the purchasing of the gold coin to attract investors into the country.
“As we speak now the Ghana gold coin is ranging between twelve thousand, twenty-one thousand and forty two thousand Ghana cedis plus, how many Ghanaians can easily participate in such an investment. But if you use the mutual fund market as a conduit there will be divisibility of the instrument and it will be much cheaper in terms of the pricing.”