The Ghana Stock Exchange (GSE) has partnered with the Institute of Financial and Economic Journalists (IFEJ) to organize a training programme aimed at interpreting corporate disclosures and empowering financial journalists to tell powerful stories from corporate announcements.
The programme, themed "Demystifying Corporate Disclosures: Telling Powerful Stories from Corporate Announcements," highlights the importance of transparent and timely communication in the capital market.
The Director-General of the GSE, Frank Berle, in his opening remarks read on his behalf by the Head of Trading and Surveillance, Madam Harriet Bus-Moses, he emphasized the critical role of the media in nation-building through the capital markets. He commended media houses that published stories on dividend payments and the redemption of commercial papers, noting that these stories drive interest, market participation, and boost investor confidence.
Corporate disclosures are not just numbers or statutory filings; they are the stories of businesses — their challenges, opportunities, and journeys of growth," he noted.
The President of the IFEJ, Raybon Bulley, emphasized the importance of financial journalists taking advantage of the formal training programmes offered by the Ghana Stock Exchange to enhance their understanding of the Exchange and its operations. He encouraged IFEJ members to leverage the expertise of the GSE's lecturers, who could serve as valuable resource persons, providing insights and knowledge that could improve the quality of financial reporting.
Bulley further stressed the need for financial journalists to network effectively with the GSE's lecturers and other experts in the field, highlighting the potential benefits of collaboration and knowledge-sharing.
By doing so, journalists could gain a deeper understanding of the stock market and its dynamics, enabling them to produce more informed and insightful reports that would benefit the public and the financial community,” he remarked.
The IFEJ President's remarks underscored the importance of capacity-building and professional development for financial journalists, particularly in the context of an evolving financial landscape. By working together with the GSE and other stakeholders, financial journalists could enhance their skills and expertise, ultimately contributing to a more informed and engaged public discourse on financial issues.
The GSE has recorded a strong performance so far this year, with the GSE Composite Index gaining 50.08% year-to-date, while the Financial Stock Index advanced by 43.30%. The Ghana Fixed Income Market also saw a significant increase in trading volume, reaching GH₵ 143.21 billion.
The partnership between the GSE and IFEJ aims to equip financial journalists with the knowledge and tools to bring clarity, balance, and accuracy to financial reporting. By working together, they can shape narratives that inspire confidence and drive growth in Ghana's capital market.
Comments