Ghana has surpassed a key milestone under its IMF programme—more than a year ahead of schedule. According to a recent update following a staff-level agreement between the government and the International Monetary Fund, Ghana’s gross international reserves have already exceeded the target set for May 2026. Fresh data from the Bank of Ghana shows that…
Dennis Miracles Aboagye, Director of Communications for the 2024 Bawumia Campaign Team, has criticised the timing of a press conference held by the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, on the alleged involvement of Akonta Mining in galamsey. He called it premature and miscalculated. On Tuesday, April, the Lands Minister held a…
In the wake of dwindling donor support, the Board Chairman of the newly launched Development Insights Hub, Prof. Peter Quartey, is urging the government to strengthen monitoring and evaluation (M&E) systems to drive industrial development. Prof. Quartey, who also serves as Director of the Institute for Statistical, Social and Economic Research (ISSER), believes mentoring Ghana’s…
Zijin Mining Group Co., Ltd., a Chinese multinational mining firm, has officially completed the acquisition of the Akyem Gold Mine Project in Ghana from US-based Newmont Corporation. The $1 billion transaction marks a major shift in ownership of one of Ghana’s most prominent gold-producing assets and aligns with Zijin’s aggressive strategy to expand its global…
Mining consultant, Seth Worlashime Klaye has urged management of the Ghana GoldBod to extend the period for small-scale miners to acquire new licenses after their previous licenses have been terminated. GoldBod in a statement on April 14, 2025 announced the revocation of all small-scale mining licenses issued by the Precious Minerals Marketing Company (PMMC). GoldBod further…
General Brice Oligui Nguema was on Sunday declared provisional winner of Gabon’s first presidential election since he led a military coup over a year and a half ago.The military officer defeated seven other candidates, scoring a landslide 90.35% of the vote, according to the country’s interior minister, Herrmann Immongault.The results indicate that 70.4% of the…
A landmark $500,000 legacy fund set aside to complete the OlympAfrica Juvenile Sports Excellence Centre at Amasaman took centre stage last Saturday as the Ghana Olympic Committee (GOC) held an Extraordinary Congress that celebrated transparency, unity and prudent leadership under outgoing President Ben Nunoo Mensah. Held at the Accra International Conference Centre, the congress drew…
Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has revealed that the company’s billing system failed to capture millions of customers as its client base grew, leaving revenue and data management in disarray. Speaking on Joy FM on Thursday, April 10, Mr Mahama recounted how a system health check shortly…
Business players in Ghana have expressed satisfaction with the decision by U.S. President Donald Trump to suspend the 10% tariff on all exports to the United States. The move follows growing concern over steep tariffs imposed on many of the U.S.’s trading partners, which have sparked volatility in global financial markets. Ghana was among the…
President John Mahama has called for deeper collaboration between Ghana and the Czech Republic to spur economic growth and improve the lives of the people. He mentioned machinery, assembling of automotive components, advanced agro-processing technologies and the establishment of integrated supply chains as some of the sectors the two countries could partner to enhance value…
