GRi BEF News Ghana 09 – 01 - 2001

 

Fishermen call for the reduction of prices of inputs

 

Accra bourse index records gains

 

 

Fishermen call for the reduction of prices of inputs

Winneba (Central Region) 09 January 2001

 

The Chairman of the Central and Eastern Regional branch of the National Canoe Fishermen Council, Nenyi Kwaku Mbir III, has appealed to the government to maintain the existing pre-mixed fuel supply system in the country.

This, he said, would enable fishermen to play their expected role in the national re-construction efforts.

Speaking to the GNA at Winneba on Monday, Nenyi Mbir said any attempt to introduce a new system to replace the old one would seriously affect the fishing industry.

On fishing inputs, Nenyi Mbir appealed to the new government to initiate moves to bring down the high prices of fishing equipment like outboard motors and fishing nets to make them affordable to members of the various fishing groups.

According to him, a lot of aged and experienced fishermen in the coastal towns and villages have given adequate training to their children who intend taking over from them when they retire from active fishing business.

He, however, requested that, due to the ever-increasing prices of outboard motors, fishing nets and other accessories, it had become extremely difficult for such hard-working fishermen to procure fishing inputs for their trained children to start their own businesses.

Nenyi Mbir therefore suggested to the New Patriotic Party administration to take the issue of high prices of fishing equipment into serious consideration in order not to discourage the youth from taking to the fishing profession.

GRi…/

 

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Accra bourse index records gains

Accra (Greater Accra) 09 January 2001

 

The Ghana Stock Exchange on Monday continued its weak run with the GSE All-Share Index, the market's key barometer, moving up 0.75 points to close at 861.76, although trading was dull.

Total shares traded, however, went up marginally ending at 12,200 shares, compared to 12,050 at Friday's session. Only five equities out of the 22 listed on the bourse sold shares.

Shares posted inched up to 744,470 up from 743,770.

Bids were down at 33,400 shares from 42,150.

Market capitalisation rose to begin the week's trading up marginally at 3,662.20 from 3,660.78 billion.

In the broader market, there were three price changes - two up one down.

Ghana Commercial Bank gained five cedis to close at 1,515 cedis and SSB Bank made 10 cedis to finish trading at 2,080 cedis. Pioneer Aluminium Company (PAF) lost seven cedis at 260 cedis.

The following are the last prices of listed equities in cedis:

ABL                     630

AGC                18,600

ALW                 4,500

BAT                     400

CFAO              53                  

EIC                    2,800            

FML                    850

GBL                   1,350

GCB                  1,515 +5

GGL                    900

HFC                    952

MGL                    200

MLC                    135

MOGL          18,600

PAF                     260  -7

PBC                     503

PZ                        400

SCB                 21,500

SPPC                   265 

SSB                   2,080 +10                 

UNIL                         1,600CMLT                  425

GRi…/

 

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