AngloGold Ashanti Ghana Limited has poured its first gold from the Obuasi Gold Mine. This signals the successful redevelopment of the mine into a modern, mechanised mining operation since mining activities were suspended five years ago. The Obuasi Redevelopment Project, which seeks to access Obuasi’s 30-million-ounce ore body over the next two decades and beyond, […]
The Ghana Chamber of Telecommunications is demanding evidence of an allegation by Communications Minister, Ursula Owusu-Ekuful, that telcos hid GHC300 million taxes from the state between 2015 and the first quarter of 2017. At a press conference recently, the Communications Minister alleged that prior to the implementation of the common platform for the real-time monitoring […]
Ivory Coast and Ghana’s move to combat farmer poverty with a living income premium for their cocoa sales is being undermined by chocolate makers scaling down purchases and negotiating discounts on other parts of the price, sources said. Confectioners publicly backed a move by the two countries, which together account for 60% of global cocoa […]
“This is nonsensical and madness,” Roads Minister, Kwasi Amoako-Atta fumed on Wednesday when he led a team to the Airport residential area Wednesday. The Minister led the team to demolish a concrete barricade erected by some Turkish developers who are putting up a 22-storey building in the area. He also called for the arrest of […]
Founder and Leader of the Zoe Outreach Embassy, Pastor Kelvin Kwesi Kobiri, was on Monday violently attacked by some disgruntled customers of his investment company, Zoe investments. Pastor Kobiri had arrived at the premises of the Tarkwa Circuit Court to respond to a suit against him for allegedly issuing three dud cheques. However, the judge […]
A total of $1.9 billion has been generated into the economy through activities related to the “Year of Return”. The Minister of Tourism, Arts and Culture, Mrs Barbara Oteng-Gyasi, said the “Year of Return” programme had also brought about an increase of over 200,000 in total arrivals into the country. She said total arrivals in […]
Staff of the Ghana Grid Company (GRIDCo) have suspended their sit-down strike. The staff were protesting the operational challenges of the company linked to the indebtedness of some companies to GRIDCo. A joint statement issued by the company said “following a Joint Standing Committee meeting of the Management and Staff Groups of the Ghana Grid […]
Chief Executive Officer of Springfield Exploration and Production (SEP) Limited, Kevin Okyere has expressed gratitude to the company’s partners including the Ghana National Petroleum Corporation (GNPC) for a successful oil find off the coast of Ghana. The Company has officially announced the successful find of 1.5 billion barrels of oil with prospects of more oil […]
Despite positive reforms implemented in the past 10 years, Ghana’s business environment is still stagnant, a World Bank report has revealed. Titled “Ghana Economic Diversification Through Productivity Enhancement”, the report emphasised the need for the country to substantially improve the quality of its business environment. Ghana implemented several positive business reforms during the past 10 […]
Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, officially announce significant oil discovery following its maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a […]
Seven mining companies, the Attorney General and Minerals Commission have been hauled to court over alleged illegalities. The plaintiff, David Addo has commissioned the actions in his capacity as a Ghanaian. Mr Addo claims AngloGold Gold Ashanti Iduapriem Ltd, Newmont Ghana Ltd, AngloGold Ashanti Ghana Ltd, Newmont Ghana Gold Ltd, Golden Start (Bogoso) Ltd, Asanko Gold GH […]
President of the Ghana Hotels Association, Dr. Edward Ackah-Nyameke, has lauded government for instituting the ‘Year of Return’ celebration explaining it will have ripple effects on various facets of the economy for years to come, ABC News can report. Speaking in an exclusive interview with ABC News, Dr. Edward Ackah-Nyameke said even though the country benefits of the […]
