Investing in shares (small pieces of ownership in a company) is one of the most effective ways to grow wealth over time. In Ghana, buying shares is regulated by the Companies Act, 2019 (Act 992) and the Ghana Stock Exchange (GSE). Whether you’re buying into a private company or trading on the stock market, it’s important to understand the various ways shares can be paid for.
1. Pay with Cash
The most common method. You just pay money directly into the company’s account or go through a licensed stockbroker (a professional who helps you buy shares safely).
2. Pay by Bank, Cheque, or MoMo
You don’t have to carry physical cash. You can use:
- A cheque
- A bank draft
- A bank transfer
- Even Mobile Money (MoMo)
Super easy and secure.
3. Pay with Property or Valuable Items
Don’t have cash? No worries. The law allows you to exchange things of value for shares. You can use:
- Land
- Buildings
- Equipment or tools
- A car
It’s like bartering, you give an asset, you get shares.
4. Pay by Working for It (Service)
Some people earn shares by offering their skills instead of money. For example:
- A lawyer gives legal advice
- A tech expert builds a company’s website
The work is counted as payment for the shares.
5. Employee Share Schemes
If you work for a company, they might:
- Give you shares as a bonus for great performance
- Let you buy shares slowly, with small deductions from your salary every month
It’s a cool way to own part of the company you work for. Whether you’re a business owner, worker, or investor, the law gives you flexible ways to invest and grow your wealth.
