President Mahama calls on Chiefs to protect lands and water bodies from illegal mining.
President Mahama highlighted the urgent need for collective action to combat the environmental degradation caused by illegal mining
Economy
China-US tariff war drives Gold prices to reach record high.
Gold prices hit a record high on Wednesday, bolstered by fears of a new trade war between the United States and China after Beijing slapped tariffs on U.S. imports in a response to new U.S. duties on Chinese goods.
Economy, International News
USAID workers placed on leave globally as Trump moves to shut down the agency.
A State Department notice to USAID employees ‒ two-thirds of whom work overseas across 60 countries ‒ said all USAID “direct hire personnel” across the world will be placed on administrative leave effective Friday, Feb. 7 at 11:59 p.m. ET. The only exception is for designated personnel responsible for “mission-critical functions, core leadership and specially designated programs.”
Customers advised to transfer their Investment from WSL as GSE expels the firm.
According to the Exchange official communication on February 4, 2025, “Clients of WSL should contact the Exchange for assistance with transferring their securities accounts and holdings to any Licensed Dealing Member of their choice
Fuel prices rises for the third time in 2025 despite NPA assurances.
The Chamber of Petroleum Consumers (COPEC) had earlier predicted a slight price hike, citing rising global crude oil prices and the continued depreciation of the cedi as key contributing factors.
China strikes back with targeted tariffs in response to US tariffs on Chinese goods
tarting Feb. 10, China will impose an additional tariff of 15% on coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement automobiles and pickup trucks, the government said
Tariff Turmoil: How U.S. Trade Policies Are Reshaping Global Markets
U.S.-Canada trade is valued at $683 billion, with 75% of Canadian exports heading south.
Panama pulls out from China deal as Trump threatens to reimpose US control over the Panama Canal.
Panama Canal was built by the US in the early 20th century and handed over to Panama in 1999. After returning to office, Donald Trump threatened to take the Canal back from Panama, claiming China’s control over it. US Secretary of State Marco Rubio on Sunday, February 2, warned Panama’s President that Washington will “take measures necessary” if Panama does not immediately take steps to end China’s influence and control over the Panama Canal.
Tullow says Ghana oilfields to resume drilling in May 2025
Tullow has announced that it will resume drilling in Ghana’s oilfields in May 2025. This follows successful resolution to Ghana’s tax arbitration
Eight-member Committee appointed by President Mahama to organize the National Education Forum.
The committee, chaired by Professor George K. T. Oduro, a former Pro Vice-Chancellor of the University of Cape Coast, has been given two weeks to submit a comprehensive plan for the forum.