GRi Business
Economics & Finance 23 – 04 - 2002
Ghana
Standard Board operations being commercialised
Ghana
Standard Board being proactive
Stock
Index ends virtually unchanged
Accra
(Greater Accra) 23 April 2002 - Mr Nimo Ahinkorah, Deputy Director of Ghana
Standards Board (GSB), on Monday said 30 per cent of the operations of the
board would have been fully commercialised by the close of this year.
Speaking to
newsmen in Accra at the opening of a two-week workshop on the quantitative and
qualitative analysis of mycotoxins in food, he said under a five-year business
development plan, sponsored by the World Bank, the board would be fully
commercialised by the close of year 2005.
Under the
programme, the operations of the board nationwide were currently under vigorous
computerisation. Mr Ahinkorah, who is also the co-ordinator of the GSB commercialisation
project, said all GSB laboratories had also been upgraded to international
standards. "I can vouch that our labs can now test and certify food and
items for world-wide consumption."
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Accra
(Greater Accra) 23 April 2002- The Ghana Standards Board and the Food and Drugs
Board on Monday begun a market surveillance exercise aimed at flushing out
expired goods and items that did not have proper labels from the market.
The first
in the series of surveillance visits took the team to shops and supermarkets in
and around Osu, including Koala Shopping centre, Top in Town, Ghana Groceries
and Quick Pik.
Most of the
Supermarkets were found to be abiding with the regulations on expired products
except a few ones, which displayed items with the labels in foreign languages.
The team urged the shop owners to remove such items from the shelves and have
them properly labelled since it was against the laws of Ghana.
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Accra
(Greater Accra) 23 April 2002 - The Ghana Stock Exchange (GSE) All-Share Index
ended virtually unchanged during trading on Monday, as the index inched up by
only 0.1 points to 1,028.65 points.
There were
only two price changes - Mobil Oil Ghana Limited, which gained five cedis at
18,810 cedis and Unilever that made three cedis at 2,915 cedis.
Change for
the year rose to 7.61 per cent from 7.59 per cent. Market capitalisation was
also higher at 4,025.30 billion cedis from 4,025.09 billion cedis. The
following are the closing prices of the equities in cedis:
ABL 327
AGC
18,800
ALW 4,300
BAT 645
CFAO
60
EIC 3,201
FML 1,000
GBL 1,000
GCB 1,760
GGL 910
HFC 950
MGL 250
MLC 147
MOGL
18,810 +5
PAF 750
PBC 450
PZ 1,200
SCB
20,500
SPPC 365
SSB 2,707
UNIL 2,912 +3
CMLT
430
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Accra
(Greater Accra) 23 April 2002
Currency Buying Selling
US Dollar 7,599.91 7,787.09
Pound
Sterling 10,994.79 11,271.03
Swiss Franc 4,609.39 4,721.45
Canadian
Dollar 4,830.11 4,946.69
Japanese
Yen 58.39 59.82
S/African
Rand 685.77 699.79
Euro 6,759.78 6,925.37
CFA Franc 10.31 10.56
Naira 64.84 66.44
Ecowas/WAUA 9,398.64 --------------
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