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Business News of Monday, 9 February 1998

Source: --

The Ghana Stock Exchange: Ghana's Hope for years to come

By William Ofori-Atta in Accra, with additional reporting by Christopher Hunt in London

The Ghana Stock Exchange (GSE) opened for business in November 1990, primarily as a means of converting the nation's savings into long-term capital for industry and also building Ghana as a regional financial centre. This marked an important step in Ghana's progress from a statist to market-oriented economy under the guidance, some would say tutelage, of the Bretton Woods two - the International Monetary fund and World Bank - whose "Structural Adjustment Programmes" had been applied for the past seven years.

Read all about it in the forthcoming Independence special edition of Ghana Review International.

Also, "How Yaw Berko made, and continues to make money on the Ghana Stock Exchange".