Feasibility of Ghana’s commodities exchange with respect to current crop yield and warehousing facilities
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2013-04
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Abstract
The Government of Ghana has committed to establishment of the Ghana Commodity Exchange (GCX) to create orderly, transparent, and efficient marketing system for its key commodities with the objectives of promoting agricultural investment, enhancing productivity, encouraging market access and fair returns for smallholder farmers, and facilitating the formalization of informal agricultural trading activities. This dissertation was conducted to determine the whether the current crop yields and available warehousing facilities would support the commencement of the proposed Agricultural commodities exchange that is to be established in Ghana. The study was conducted by collecting data from key players involved in the establishment of the exchange. People interviews include representatives from Ministry of Trade and Industry, National Buffer Stock Company, Ghana Grains Council and Securities and Exchange Commission. The research findings revealed that Ghana's crop yield is capable of supporting the exchange, however her warehousing facilities are in dearth and as such the government should invest in quality warehousing for the commodities.
Description
Thesis submitted to the Department of Business Administration, Ashesi University College, in partial fulfillment of Bachelor of Science degree in Business Administration, April 2013
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Keywords
Ghana, Ghana Commodities Exchange, crop yields, agricultural commodities, warehouses, capital investment