GoldBod rejects IMF claims of $214m losses under gold-for-reserves programme
The Ghana Gold Board (GoldBod) has dismissed claims that Ghana recorded US$214 million in losses under the gold-for-reserves programme, describing […]
African Markets
GoldBod off-takers’ fees, trading shortfalls deepen BoG Gold-for-Reserves losses to $214m in 9 months – IMF Report
Operational costs from GoldBod, alongside trading shortfalls, have been identified as the major drivers behind losses under the Bank of
COCOBOD warns cocoa value slump could hit next year’s FOB price
Despite global cocoa prices reaching record highs over the past 18 months, Ghanaian farmers and COCOBOD have not realised the
Mahama orders GH¢1bn payment to contractors owed since 2017
President John Dramani Mahama has directed the Ministry of Finance to release GH¢1 billion to contractors owed by the state
Energy minister assures stable power as Ghana hits peak demand in December
Amid the twinkling lights and heightened commercial activity of the Christmas season, the Minister for Energy and Green Transition, Dr.
Developing countries paid more in debt service in 2025 – World Bank
For the third year in a row, developing economies paid more in debt service than they received in new financing,
Gov’t introduces sliding-scale mining royalties to capture price gains
The government has laid before Parliament the Minerals and Mining Royalty Regulations, 2025, a new Legislative Instrument (L.I.) designed to
GRA shuts down Four Chinese firms over tax compliance failures
The Ghana Revenue Authority (GRA) has sealed four Chinese companies operating in the Mallam area of Accra for failing to
Market leader Star Oil drops fuel prices with petrol selling at GH¢10.97 and diesel at GH¢11.79
More Oil Marketing Companies (OMCs) have begun reducing fuel prices at the pumps, in line with earlier assurances that adjustments
Jonah Capital accounts blocked in Nigeria, leaving 200 workers unpaid
Kojo Ansah Mensah, Managing Director and CEO of Jonah Capital, says the company’s operations have been hit hard by the