The delay in the establishment of a commodity exchange (Commodity Clearing House) in Ghana has been blamed on the unavailability of a regulatory framework and body to oversee its activities in the country.
Based on this, a new apex body would be created or the powers of the Securities and Exchange Commission (SEC) extended to cover trading on the exchange. In view of this, the Bank of Ghana (BoG), SEC, Ministries of Finance and Economic Planning and Food and Agriculture as well as the World Bank are currently discussing the legal framework although at a very slow tempo.
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