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Article: City Guide: ACCRA.
- Article from:
- African Business
- Article date:
- June 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ghana's status as one of the brightest economic prospects amongst the world's developing nations has recently come under pressure. The depressed price for both gold and cocoa, Ghana's two major export earners, has knocked some of the gloss off its high flying stock exchange. The GSE is also experiencing liquidity problems, poor turnover and generally bearish sentiments, some of which is thought by analysts to reflect political uncertainty with President Jerry Rawling's last term of office drawing to a close at the end of this year and no obvious successor emerging.
But the big picture still looks optimistic. Ghana has a relatively small debt burden, some 5% of ...