Business: Commodity News

Takoradi Records Least Decline As Tomato Prices Drop Again

Friday, August 19, 2016 In the third week in August, the price of tomatoes recorded the highest drop of 16 percent. A medium size tin of the commodity is now selling at 5 cedis 70 pesewas. According to Esoko Ghana, fresh tubers of cassava and yam however recorded one percent drop in price each. A medium size tuber ...

Commodity prices drop in Ghanaian markets

Friday, July 8, 2016 Prices of some commodities in the country have dropped marginally in the second week of July. The commodity which experienced massive drop in its price was tomato. It went down by 15% and is currently being sold at GHc9.70 per medium size tomato tin in the market. This was followed by Gro ...

Commodity prices for 3rd week in June: Cassava loses while gari gains

Friday, June 17, 2016 The price of fresh tubers of cassava has declined for the second consecutive time in June. The price of the commodity dropped by 3 percent to close the week at 7 cedis 50 pesewas for three to four tubers. Meanwhile gari recorded the highest gain in price for the third week in June. Accordin ...

Ghana needs a commodities fund - Dr Manteaw

Tuesday, April 26, 2016 Accra, April 26, GNA - Dr Steve Manteaw, Co-Chair of the multi-stakeholder Committee of the Ghana Extractive Industry Industries Transparency Initiative (GHEITI), has highlighted the need for a commodities Fund, to manage shocks to the economy from commodity price fluctuations. He said the fund s ...

Commodity aggregators assured of sound business

Thursday, April 21, 2016 Accra, April 21, GNA - The Ghana Commodity Exchange (GCX) Project has assured members of aggregator groups that no group would lose its business in the commodity value chain when the Exchange fully becomes operational. In separate sensitisation sessions with 'Women Can', in Tema and Kumasi, Mr Ri ...

Ghana Commodity Exchange Market must have strong legal backing

Friday, April 1, 2016 Accra, April 1, GNA - Members of the Ghana Securities Industries Association (GSIA), have said there should be full enforcement of a robust regulatory and legal framework to stimulate trading and participation of all market actors on the Ghana Commodity Exchange (GCX), when it becomes operational. ...

Gold smuggling spikes as GRA seizes $18m worth of the commodity

Monday, February 22, 2016 Concerns about gold receipts to the country have further heightened following the detection and seizure of a large amount of gold bullion meant for export without declaration and proper documentation. The Customs Division of the Ghana Revenue Authority (GRA), acting on a tip-off last week, impoun ...

‘Commodity Exchange Must Transform Agric Sector’

Friday, February 19, 2016 Commodity Value Chain Actors have rallied support for the National Commodity Exchange (GCX) to work towards alleviating poverty and transforming the agricultural value chain in the country. According to them, all stakeholders must come together to fight for the rights of the local Ghanaian farmer ...

National Commodity Exchange Will Be A Game Changer In Ghana’s Agricultural Transformation Agenda…Value Chain Actors Say

Monday, February 15, 2016 Accra: February 15th, 2016: Commodity value chain actors, who are expected to play key roles in the activities of the yet to be established National Commodity Exchange (GCX) are rallying support for the GCX to work to help alleviate poverty and transform the agricultural value chain in the countr ...

First Commodity Exchange In West Africa On Course

Tuesday, February 2, 2016 Robert Dowuona Owoo, acting Project Director of the Ghana Commodity Exchange Project (GCX), says Ghana is still on course to deliver the first commodity exchange in the West African sub-region. According to him, the country is also positioned to lead the re-writing of the narrative about Africa's ...

Sub-Saharan Africa's commodity export gains declining - Moody's

Thursday, December 17, 2015 Despite efforts by Sub-Saharan Africa countries to diversify economies and accumulate buffers, their commodity exporters remain vulnerable to commodity price shocks, according to a Moody rsquo;s report . ldquo;The most recent collapse in the prices of oil, copper and iron ore, amongst others, ha ...

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 ...
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