Business: Commodity News

Govt Institutes Measures To Save Economy As Commodity Prices Decline

Friday, August 14, 2015 Finance Minister Seth Terkper has given the assurance that measures are being instituted to minimize the impact of declining commodity prices on the economy. Prices of commodities like gold, cocoa and crude oil have been declining heavily on the international market, a development that will put s ...

Commodity prices remain stable, as dollar depreciates

Saturday, August 8, 2015 Sunyani, Aug. 7, GNA - Contrary to consumers expectation of reduction in commodities prices, they remained rather stable, despite the US dollar dropping marginally, a market survey conducted by the Ghana News Agency (GNA) on Friday in the Sunyani Municipality revealed. According to shop owners' a ...

Tough Transitions for Developing Countries in 2015 with Higher Borrowing Costs and Lower Price for Oil and Other Commodities

Sunday, June 14, 2015 Impending rise in US interest rates could reduce capital flows, spur financial market volatility in developing countries. Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and o ...

Developing Countries Face Tough Transition In 2015 With Higher Borrowing Costs And Lower Prices For Oil & Other Commodities

Friday, June 12, 2015 Impending rise in US interest rates could reduce capital flows, spur financial market volatility in developing countries WASHINGTON, June 10, 2015: Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to ...
Tubers of yam

Commodity prices in marginal increase

Friday, July 11, 2014 Tubers of yam Accra, July 11, GNA- Both the retail and wholesale commodity indexes inched up in the week ending July 11, with the wholesale index -EGCI-W- rising by 0.53 per cent and the retail index - EGCI-R- rising by 0.02 per cent. The EGCI-W closed the week at 22934 points, as compared to ...

ESOKO MARKET WATCH WEEK ENDING JUNE 13

Thursday, June 19, 2014 Groundnut Shelled Prices for a bag of groundnut in the second week of June experienced dwonward adjustment in some markets. The commodity fell in both Techiman and Takoradi markets by 9 percentage points to close the week at GHS 320.00 respectively. In Kumasi the commodity recorded its ...
Cash Packet

Commodity price in Tamale stable - Survey

Friday, April 25, 2014 Tamale, April 25, GNA - Prices of commodities in Tamale have remained stable with slight increases in the prices of minor commodities such as maize, millet and local rice. Major commodities such as tomatoes, yam, onion, beans and pepper rice had stable prices to end the week in the two main Tama ...

IMF advises Ghana to diversify export commodities

Thursday, April 10, 2014 Division Chief of Research at the International Monetary Fund (IMF), Thomas Helbling, has asked managers of Ghana's economy to diversify the country's exports to minimize shocks that come with declining prices of gold and cocoa. Ghana has lost about $1.5 billion over the last few years because ...
Dr. Eleni Gabre- Madhin

Eleni Finances Ghana Commodity Exchange

Thursday, March 20, 2014 Dr. Eleni Gabre- Madhin ELENI, a private commodity exchange promoter in Africa, has announced the formation of a private-public investment consortium to finance the establishment of the Ghana Commodity Exchange (GCX). Investment consortium partners include Ghana's top tier financial institutio ...

Investors rally to finance new Ghana Commodity Exchange

Friday, March 14, 2014 A public-private investment consortium has been formed to finance the establishment of the Ghana Commodity Exchange (GCX) announced by President Mahama in this year's State of the Nation Address to Parliament. The GCX will start with spot and futures trading of primarily agricultural commodities ...

Investors Rally To Finance New Ghana Commodity Exchange

Thursday, March 13, 2014 Addis Ababa, 13 March 2014 Eleni, a private company positioned as the premier commodity exchange promoter in Africa, has announced today the formation of a private-public investment consortium to finance the establishment of the Ghana Commodity Exchange (GCX). Investment consortium partn ...

SEC drafts legislation for commodities exchange

Tuesday, February 25, 2014 The Securities and Exchange Commission (SEC), is currently drafting the appropriate legislation for the regulation of the proposed commodities exchange. The SEC is working with the technical committee on the project to that effect. The commodity exchange will connect the buyers and sellers o ...
Foodstuff

Food commodity prices stable despite fuel price increases

Saturday, January 18, 2014 Accra, Jan. 17, GNA - A market survey conducted by the Ghana News Agency in various parts of Accra on Friday showed that prices of most commodities remained unchanged despite the fuel price increase announced on Thursday, January 16, 2014. This trend was explained by the fact that so far, the cos ...
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