The Port Moresby Stock Exchange Limited (POMSoX) is developed to meet two basic and complementary needs. Firstly, to provide an avenue for companies to raise funds for growth and expansion throughthe issue of shares tothe public and secondly to provide an opportunity for investors to investtheir surplus funds intothe shares of publicly listed companies.
We talk tothe General Manager andthe Chairman ofthe Port Moresby Stock Exchange, Geoff Mason and Frank Dunphy, asthey share with us an overview ofthe company’s purpose, structure as well as its mission to build capacity inthe area of financial inclusion.
Also in this episode:
We speak tothe chairman ofthe Commonwealth Foundation andthe advisory group chairman to Transparency Group New Zealand, Sir Anand Satyanand during a recent visit to Papua New Guinea He spoke about freedom of information and how an enforced of information act could make it more difficult for those who engage in corrupt acts.