Ghana’s local rice to be to listed on Ghana Commodity Exchange - News Summed Up

Ghana’s local rice to be to listed on Ghana Commodity Exchange


Business News of Thursday, 28 November 2019Source: adomonline.comGhana’s local rice to be to listed on Ghana Commodity ExchangeChief Executive Officer (CEO) of GCX, Dr Kadri AlfahGhana’s local rice will soon be listed on the Ghana Commodity Exchange (GCX), Chief Executive Officer (CEO) of GCX, Dr Kadri Alfah, has announced. “So by the end of the year, the Ghana Commodity Exchange will be trading rice, we will be listing Paddy rice and Mill rice. After clearance from SEC, the Ghana Commodity Exchange will be listing one million metric tonnes of local Rice which translates into 20 million 50 kg. The move is expected to give a further boost to local rice production and consumption, as government plans to ban the importation of rice by 2022 to boost local rice production. The Ghana Commodity Exchange is a private company limited by shares, structured as a Public Private Partnership, with the government of Ghana currently the sole shareholder.


Source: GhanaWeb November 28, 2019 16:30 UTC



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