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11.07.2006 Business & Finance

New Financial Newspaper Launched

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A new financial weekly newspaper, Ghana Market Watch, was yesterday launched in Accra with the aim of interpreting the financial market to all categories of persons.

Reportage would be done through investigation and analyses of issues affecting the financial sector by breaking them down for easy comprehension.

The 20-paged paper whose prime objective is to interpret the stock market and other financial issues has other columns including corporate finance, foreign market reports, tourism, arts and entertainment, sports, personality profiles and jokes. The paper with a cover price of 5,000 cedis has its 16th edition being launched with circulation covering all the regional capitals.

Mr Amos Dotse, Chief Executive Officer and Publisher of the Ghana Market Watch, said his organisation chose to launch the paper at a time in Ghana's development where the growth of the country's financial market, represented by the Ghana Stock Exchange was crucial to achieving the desired status of a middle-income Economy.

"Our objective is to serve as a medium for the financial institutions to talk to themselves, to Government, policy makers, regulators and vice versa. "We want the financial institutions to say what they need to the public, Government and regulators without fear of being misunderstood or misquoted," he said.

Mr Dotse said the Newspaper would offer its pages to educational institutions and financial markets to exchange ideas, pass on new technologies, techniques and paradigms and discuss the strengths and weaknesses of existing policies to forge new ones for the advancement of the economy.

Dr Anthony Akoto Osei, a Deputy Minister for Finance, said the paper had come at an opportune time to fill a vacuum that had existed in the landscape of business and finance.

He urged the business community to embrace the paper by patronising it, thereby making it capable of meeting its obligation of informing, educating and entertaining to contribute positively to the development of the financial services industry and the country's economy.

He said it would no doubt create a healthy business environment that would pave the way for local and foreign investors to come in and conduct business without fear.

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