GoldBod Begins Licensing Of Gold Trading Service Providers
The Ghana Gold Board (GoldBod) has officially commenced the licensing of service providers in the gold trading sector, marking a major step in its mandate to restructure and regulate the….
Category: Business
Bank Of Ghana To Begin Cryptocurrency Regulation By September — Governor Asiama
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has disclosed that the central bank is poised to begin regulating cryptocurrency platforms and virtual asset providers by the….
Commercial-Grade Nickel Discovered In Oti Region
Potentially mineable nickel deposits have been discovered in the Oti Region—a development that could diversify the country’s mineral portfolio and attract investment into battery metal supply chains. The find was….
Gold Hits New Record Over US-China Trade War Fears
Gold has jumped to a fresh high as investors fret over the impact of the trade war between the US and China. Spot gold touched $3,357.40 (£2,540) per ounce on….
Chinese Mining Company Acquires Newmont’s Akyem Gold Mine Project For $1 Billion
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….
GUTA Opposes Utility Tariffs Increment
The Ghana Union of Traders’ Associations (GUTA) has vehemently rejected the recent utility tariff increase approved by the Public Utilities Regulatory Commission (PURC). In a statement signed by the General….
MTN MoMo Denies System Breach In Viral GH¢11,000 Fraud Claim, Cites Customer Negligence
MobileMoney Limited (MoMo), the operator of MTN Ghana’s mobile money service, has refuted allegations of a system breach following a viral social media complaint from a customer who claimed GH¢11,000….
Minority Demands GH₵6,000 Cocoa Price, Warns Of Increased Smuggling
The Minority Caucus in Parliament has called for the immediate increase of the cocoa producer price from GH₵3,000 to GH₵6,000 per 64-kilogramme bag, in line with promises made to Ghanaians…..
Volta Region Power Fluctuations Caused By GRIDCO Supply Shortfall – ECG
The Electricity Company of Ghana (ECG) has attributed the recent power interruptions in the Volta Region to insufficient supply from the Ghana Grid Company (GRIDCo). Residents in the region have….
Cedi To Remain Stable In Coming Weeks; One Dollar Equals GH¢16.00
The market sentiment towards the Ghana Cedi is anticipated to improve in the coming weeks, following an announcement from the International Monetary Fund (IMF) that it has reached a staff-level….