A Memorandum of Understanding, MOU of Mutual Recognition, was signed today (May 2), between the Jamaica and Ghana Stock Exchanges.

The agreement allows the Capital Markets of Jamaica and Ghana to expand their products and services, to investors in both territories.

The MOU was signed at a bell ringing ceremony at the Jamaica Stock Exchange JSE, offices at Harbour Street Kingston, welcoming the Ghana Stock Exchange.

Managing Director of the JSE, Dr. Marlene Street Forrest says the partnership with Ghana is strategic to the JSE, as it pursues its 2025 vision to expand borders for growth and sustainability.

And Director-General of the Securities and Exchange Commission, of Ghana, Reverend Dr. Daniel Ogbarmey Tetteh, said the Securities and Exchange Commission in Ghana, has implemented a number of initiatives to ensure the capital market is well developed.

One such initiative, is the Capital Market Master Plan, which seeks to develop a diversified market, attractive to domestic and foreign investors.