Tourism
Weather
Cars
Technology
Education
Religion
Health
Entertainment
Gorvernment/Politics
Learning/Research
Sports
Home Ownership
GhanaLink (internet access)
Internet Directory
Main
Item: World
Trade Centre Accra Launch
The World Trade Centre(WTC)
Accra is to be launched in Septmber of this year (2001) to offer services
& facilities for a "one stop business".
Estimated at about US$45 million,it is to give businesses the opportunity
to spread their activities accross the world and to open doors in their own
economic region.
A question many
business analysts ask is whether business in Ghana is growing at the rate
at which it should.
In the coming weeks we
shall be bringing a series of articles that deal with the business climate
& the pros & cons of doing business in Ghana et al.
The Ghana-Britain Chamber of Commerce & Industry
(GBCCI) is set to promote trade & investment opportunities between Ghana & Britain & hence help contribute to the development of Ghana's economy by seeking to bring together in a bilateral association business concerns from the 2 countries to make for easier bridge-building & interaction.
MessageBoard
Enterprise Insurance, the only listed insurer on the Ghana Stock Exchange, recorded gross premium income of ¢20.592 billion in 2000, a whopping 47% increase from the ¢13.957 billion raked in 1999.
This was achieved despite a very challenging environment in the year that saw the Ghanaian economy coming under severe strain in the face of escalating inflation, depreciation of the cedi against major international currencies, rising oil prices & detoriation of export earnings from cocoa & gold.
During the week, the cedi
appreciated by about 0.12% in relation to the united states dollar(USD).
The average interbank USD/GHC quoted by the association of Bankers at the
end of last week was ¢7,154.31 as against the previous week's
¢7,163.22.
The average currency movements against the cedi are as follows;
7,154.31
3,157.77
10,032.88
6,175.75
58.97
941.53
7,163.22
3,112.29
9,890.27
6,089.28
59.45
927.99
7,149.82
3,097.74
10,146.36
6,058.58
60.22
923.63
MARK
POUND
EURO
YEN
FRANC
AGC to attract big
mining giants ?
The Ashanti Goldfields Corporation could attract major mining players
if the gorvernment of Ghana & Lonmin sell of their shares.This would allow
major mining concerns to tap into Ashanti's reserves at a cost of about US
$4 a share, says equity research firm JP Morgan.
A potential buyout of Ashanti is also likely to be beneficial for the
company's traded 5.5% note due at 2003.JP Morgan has raised its earnings forecast
in 2002 from $0.33 to $0.50.
