GRi BEF News Ghana 27 - 09 - 2000

Ghanaian-Israeli Chamber of Commerce in the offing

Ghana Association of Bankers releases Exchange Rates

 

 

Ghanaian-Israeli Chamber of Commerce in the offing

Accra (Greater Accra) 27 September 2000

 

The United Friends of Israel (UFI) Ghana, a non-governmental organisation, has initiated moves to establish a Ghanaian-Israeli Chamber of Commerce to promote trade between the two countries.

 

Prophet Kofi Oduro Agyeman-Prempeh, Secretary-General of UFI, made this known in an interview with the GNA on Monday after the inauguration of UFI, which is the non-denominational wing of the Christian-Israeli Embassy of Ghana (CIEG).

 

He said a number of personalities in the private business and financial sectors of the two countries have been put together to exchange ideas on the project.

 

"We are also in the process of linking up with the appropriate ministries, including Trade and Industry, Finance, the Interior and Foreign Affairs, to facilitate the establishment and smooth running of the chamber."

 

Prophet Agyeman-Prempeh noted that since 1990, when CIEG was established in Ghana, several Israelis have been expressing interest in making substantial investments in the agricultural, educational, telecommunications and other sectors of the Ghanaian economy.

 

"For some reasons I thought this was not going to be possible, but the current government's policy which makes the private sector the engine of growth, now sets the tone for us to benefit from the Israeli investment."

 

Prophet Agyeman-Prempeh said as part of the package, there are plans for Ghanaian students to gain scholarships to Israeli universities.

 

Ghanaian-Jewish centres will also be established in both countries to facilitate the learning of each other's literature, arts and culture.

 

"For a start, some Jewish religious songs are being taught in selected Ghanaian charismatic churches, whilst some local ones are being taught in our counterpart churches in Israel."

 

In a fraternal message to mark the inauguration read by Mr. Emile Short, Commissioner of Human Rights and Administrative Justice, the Israeli Prime Minister, Mr. Ehud Barak, praised the UFI and CIEG for their commitment to the Israeli-world friendship.

 

He said; "the commitment expressed by our Christian friends in Ghana and the rest of the world gives us the confidence that our effort at peace and security with other countries is not in vain."

 

Mr. Barak assured UFI and CIEG of the support of his government for private businesses that choose to invest in Ghana, adding that Ghanaians are also warmly welcome to do business in Israel.

 

He, however, cautioned that visitors must adhere to Israeli immigration and other rules adding, "Israel is a police state".

 

Mr. Short lauded the UFI initiative and appealed to the government, private sector and civil society to support the effort.

GRi…/

                                                                       

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Ghana Association of Bankers releases Exchange Rates

Accra (Greater Accra) 27 September 2000

 

The Ghana Association of Bankers on Tuesday September 26, released the following average interbank exchange rates of the cedi equivalent to the dollar and derived rates for other major foreign currencies:

Currency                                  Buying              Selling

 

US Dollar                                 6,425.09                     6,625.64

Pound Sterling                          9,370.99                     9,668.13

French Franc                              860.19                         886.55

Swiss Franc                             3,713.34                      3,828.05

Deutsche Mark              2,883.9                       2,974.44

Canadian Dollar                       4,318.23                      4,451.46

Japanese Yen                               59.81                           61.66

Dutch Guilder                          2,560.45                      2,638.90

S/African Rand            887.56                          913.82

Euro                                        5,641.78                      5,816.82

CFA Franc                                     8.60                             8.87

Naira                                            63.05                           65.01

Ecowas/WAUA                      8,470.10                         --------

GRi…/

 

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