GRi Business, Economics & Finance 11 –
03 - 2003
A.A Blay
and Dominic Adoboli, GNA,
She said the government paid for
the space and assisted in the transportation of wares. Mrs Ofori
said to facilitate their participation the fair organisers also subsidised
their hotel rates.
She said the Ghanaian firms
exhibiting at the fair were from the pharmaceutical, manufacturing, arts and
craft, furniture, textiles, aluminium, commerce and services sectors.
The Ghana Investment Centre
(GIC), Export Promotion Council (EPC) the Free Zones Secretariat and the Cocobod are also taking part in the fair, Mrs Ofori said. She said a lot of interest had been shown in
Ghanaian products and expressed the hope that by the end of the fair Ghanaian
firms would receive firm orders from countries within the West African
Sub-Region to promote trade within member states of
At the stand of
He said the Company participated
in the two previous fairs in
Bonso Abban,
Brands Manager of GIHOC Distilleries, said the Company was exporting some
alcoholic beverages to
David Aryee,
Sales Representative of Pioneer Aluminium Factory (PAF) of
He said until West Africans
became producers rather than consumers the efforts for economic integration in
the Sub-Region for the progress of the people would remain on the drawing
board.
Aryee also asked for education for
West African Customs officials for easy implementation of the ECOWAS trade liberalisation
scheme, which was intended to facilitate the movement of people, goods and
services across frontiers.
He said PAF, which participated
in the Ghana Fair in 1999 was already exporting to Togo, Benin, Nigeria and
Burkina Fasso and said they hoped to expand to Siera Leone, Senegal, Congo Brazaville
and Sao Tome and Principe.
Aryee said dealers in their products
from
Kenneth Brew, Deputy Director of
Research and Chris Ewuah, Public Relations Manager of
Cocobod said the Company was especially showcasing
the results of its research findings.
On show are cocoa gin, brandy,
vinegar, wine, jam all made from cocoa sweating as well as cocoa butter and
soap. Prominent at the
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The first forum scheduled for
20-21 March would showcase investment opportunities in Western,
It said the forum would also
provide opportunity for US investors and businesses to interact with the
Regional Ministers, Minister of Trade and Industry, the Chief Executive Officer
of the Ghana Investment Promotion Centre (GIPC) and other prominent businessmen
and women from the Ghanaian Private Sector.
The statement said about 200
businesses including 50 from
It said the forum coming
immediately after the US-Sub-Saharan Africa Trade and Economic Co-operation
Forum in Mauritius challenged both the US and African investors to take
advantage of the African Growth and Opportunities Act (AGOA) in a practical way
for their benefit.
The statement said the forums
were to expose American businesses to investment opportunities in the regions
and expose Ghanaian investors to the business environment in the
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The index closed up by 7.07
points to 1,577.47 shares from 1,570.40 shares. Change for the year stood at
13.06 per cent. There were six price changes, all positive. Ghana Commercial
Bank rose by 102 cedis at 4,752 cedis, Enterprise Insurance Company was four
cedis better at 5,005 cedis, Fan Milk Limited gained three cedis at 2,006 cedis
and Guinness Ghana Limited was one cedi richer at 1,203 cedis.
SSB Bank gained one cedi at
6,813 cedis and Unilever was also one cedi better at 5,001 cedis. Market
capitalisation ended the day at 7,339.52 billion cedis from 7,316.38 billion
cedis.
The following are the last
prices of listed equities in cedis:
ABL 420
AGC 28,500
ALW 3,500
BAT 1,102
CFAO 67
CPC 630
EIC 5,005 +4
FML 2,006 +3
GBL 520
GCB 4,762 +102
GGL 1,203 +1
HFC 1,205
MGL 254
MLC 280
MOGL 19,751
PAF 750
PBC 390
PZ 2,016
SCB 29,501
SPPC 390
SSB 5,813 +1
SWL 285
TBL 4,900
UNIL 5,001 +1
CMLT 460
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