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Ghana Warehouse Receipt System trains journalists

Trans media network on behalf of IFC/WORLD BANK has organized workshop for the media in Ghana at Kumasi to acquire knowledge about Ghana Warehouse Receipt System (WRS) and Ghana Commodity Exchange (GCX) to equip farmers about post-harvest loses, access to credit and market.

At the event which took place at NODA HOTEL, Charles Mawusi a member of Trans Media Network revealed said Warehouse Receipt System (WRS) gives the farmers opportunity to store their produce at approved warehouses for a period of time to attract good prices.

Charles Mawusi continued that, due to lack of warehouses for farmers to keep their produce WRS is here to help farmers to access warehouse and as their produce remain at the warehouse, the farmer will be given a receipt to access credit in nine accredited banks in Ghana to continue their production.

Mr Robert Dowuona Owoo the Chief Operating Officer of Ghana Commodity Exchange (GCX) also said WRS backed by GCX will create avenue for maize farmers and traders to access quality and quantity of maize

Mr Robert Dowuona Owoo concluded that, warehouse Receipt System in Ghana and the activities of Ghana Commodity Exchange will help the government in greater food security, price stability and price hikes.

Mr Robert Owoo made this known to Naagyei 90.3 FM newscaster Kwabena Adjei Adom Arakwa during the workshop.

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