Audio By Carbonatix
Revenue from timber exports for the first half of this year declined relative to the same period last year.
The 60 million Euros which accrued from the export between January and June is 7 million short of what the country earned for the same period last year. The exports also declined in volume.
Though a total of 200,000 cubic meters were exported last year just about 183,000 cubic meters were exported this year.
The Executive Director of the Timber Industry Development Division, Alhassan Atta attributed the decline to what he describes as a turbulent market.
He said the crises facing the US housing market certainly contributed to the decline.
He told Joy Business the trend may not change for the rest of the year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
President Mahama directs Finance Ministry to disburse $78m for completion of Takoradi–Agona-Nkwanta road
15 minutes -
Interior Minister lauds NIA staff for dedication, pledges continued government support
18 minutes -
First Atlantic Bank will run a “proper and decent business” to protect shareholder value – CEO
49 minutes -
First Atlantic Bank targets African expansion as IPO strengthens capital, governance
57 minutes -
First Atlantic Bank CEO attributes IPO and GSE listing decision to renewed confidence in Ghana’s economy
1 hour -
GPL 2025/26: Bechem United end All Blacks 6-game unbeaten run
1 hour -
Eggs fly off shelves as shoppers throng The Multimedia Group’s X’mas Egg Market on final day
2 hours -
Bankable energy: Why Africa’s downstream sector is the next global investment frontier
2 hours -
Working Capital Management: Do’s and don’ts to consider for 2026
3 hours -
Gold Fields Ghana Foundation empowers youth through education and skills training
3 hours -
Gov’t hid study showing lithium refining can’t be done in Ghana- Bright Simons
3 hours -
Salah apologised to Liverpool team-mates after explosive interview – Jones
3 hours -
Enimil Ashon: Malawi president flies to UK for virtual meeting!
4 hours -
CSOs commend gov’t for revoking L.I. 2462, call for stronger forest protection measures
4 hours -
ECG activates standby teams to manage festive-season electricity load in Ashanti region
4 hours
