Frequently asked questions

Nkosuo is an information and education platform for Ghanaian capital markets. We organise GSE stocks, T-Bills, macro indicators, and global benchmarks into one mobile-first workspace, written in plain English. We are not a broker, not an investment adviser, and not a fund.

No. Nkosuo deliberately does not publish buy / sell / hold ratings or price targets. Our charters under SIA Act 929 don't permit advisory output, and we think the platform is more useful as decision support than as a recommendation feed. Where you'd expect a 'recommendation' column, we publish non-advisory equivalents like real-return-vs-T-Bill spread.

Most of the site is free. A premium tier (/premium) covers extras like portfolio tracking, alerts, and richer historical exports. The disclaimer banner, glossary, methodology, and core market views remain free.

Until a licensed live feed from the Ghana Stock Exchange is wired in, we display the most recent published index value as an editorial snapshot, marked with the as-of date. We never substitute a guess.

Macro figures come from primary sources we cite by name (BoG, GSS, IMF, World Bank, AfDB, FRED). Stock-level fundamentals come from issuer annual reports — see /sources for the full list. Live FX uses open.er-api.com. Demo-only data is labelled 'demo' until a licensed feed lands.

Macro and T-Bill data refreshes weekly or with each new release. GSE prices currently update from the editorial snapshot — every page that renders this data shows a Freshness label. /data-quality lists the freshest slice of every feed.

Use /corrections — every reported issue gets a published acknowledgement and, where appropriate, a corrected figure with a dated note. Trust is the product.

You open an account with a GSE-licensed broker, fund it, and place an order. The Securities and Exchange Commission of Ghana publishes the licensed broker list. Nkosuo doesn't recommend specific brokers — see /learn/how-to-invest for a step-by-step.

Ghana withholds 8% tax at source on dividends paid to resident shareholders. T-Bill interest is withheld at 1% at source. The /portfolio after-tax view applies these automatically.

T-Bills are the cleanest risk-free benchmark for cedi investors. If a stock yields 6% and the 364-day T-Bill yields 22%, the equity is being asked to deliver 16+ pp of price upside just to match the bills. We surface this 'yield edge' on /terminal and per-stock pages so the comparison stays honest.

Brokers set their own minimums — there's no universal floor. Many GSE stocks trade in lots that make small entries practical (e.g. MTNGH, GCB). T-Bill auctions accept retail bids from GHS 100.

No — most of the site works anonymously. Sign-in unlocks features that need state: watchlists, portfolio, alerts, paper trading. Anonymous browsing remains supported.

Yes — /data-requests handles export and deletion under our privacy policy. We commit to acting on requests within 30 days.

Yes, Anthropic's Claude powers parts of the site: explanation generation, the Ask Nkosuo chat widget, and some news summarisation. Every model output passes a guardrail validator before display — buy/sell phrasing, price targets, and 'guaranteed return' language are blocked. See /ai-disclaimer.

Yes — language models are not infallible. We pin model versions, log validations, and return a neutral fallback when an answer trips a guardrail. If you spot an incorrect explanation, file a /corrections note.