Finance
Small-Scale Mining Surpasses Large-Scale Production for First Time in Century
Accra: Small-scale mining has set a historic precedent by overtaking large-scale mining as Ghana’s largest source of gold production for the first time in over a century. Christopher Nyarko, the Director of Analysis, Research and Finance at the Ghana …
FDA Identifies Ethemax in Plantain Ripening Investigation at Madina Market
Accra: The Food and Drugs Authority (FDA) says its investigation into a video alleging the use of chemicals to accelerate plantain ripening at the Madina Market in Accra has identified Ethemax as the product reportedly used by some traders. The
President Mahama Reveals Plans to Refresh Cedi
Accra: For many economics students, concepts like inflation, interest rates, and monetary policy remain abstract ideas confined to textbooks and lecture halls. But for participants in the inaugural Monetary Policy Committee (MPC) Educational Observers…
Petroleum Commission Saves Ghana $2 Billion Through Oil Project Reviews
Accra: The Petroleum Commission has announced a significant achievement, revealing that it has saved Ghana approximately $2 billion through the review of Plans of Development (PoDs) and related petroleum projects since its inception 15 years ago. This…
GSE Rally Faces Test as Firms Post Mixed Results
Accra: Corporate earnings are beginning to reveal a widening performance gap among companies listed on the Ghana Stock Exchange (GSE), even as the equities market continues one of its strongest runs, delivering more than 74 percent to investors since …
BoG Urges Banks to Tackle Rising Incidence of Dud Cheques
Accra: The Bank of Ghana (BoG) has intensified pressure on banks to curb the increasing incidence of dud cheques in the financial system, directing them to make appropriate use of approved overdraft facilities or available funds in linked accounts, wh…
Ghana Loses US$11.4 Billion in Small-Scale Gold to Smuggling – IMF Report
Ghana: Ghana is estimated to have lost 229 tonnes of artisanal and small-scale gold worth US$11.4 billion to smuggling between 2019 and 2024, according to an International Monetary Fund (IMF) report. The report said the gold is missing from Ghana’s
President Mahama Reveals Plans to Refresh Cedi
Accra: For many economics students, concepts like inflation, interest rates, and monetary policy remain abstract ideas confined to textbooks and lecture halls. But for participants in the inaugural Monetary Policy Committee (MPC) Educational Observers…