The Acting Chief Executive of the Ghana Chamber of Mines, Ahmed Nantogmah, is demanding the passage of a law to regulate how mineral royalties are used at the local level. He said that without such a legal framework, communities hosting mining operations will continue to suffer from underdevelopment despite theContinue Reading
Ghana owes its current level of development to the mining sector, and without it, the country would not be where it is today. That’s the claim by Ahmed Dasana Nantogmah, Acting Chief Executive of the Ghana Chamber of Mines, in an interview on JoyNews. “But for mining, Ghana won’t be hereContinue Reading
Ghana risks losing its position as a top mining investment destination due to what the Ghana Chamber of Mines describes as a harmful tax regime. Ahmed Dasana Nantogmah, Acting Chief Executive of the Chamber, told JoyNews’ PM Express Business Edition on Thursday, May 22, that it is driving exploration companies to moreContinue Reading
Ghana’s total public debt rose by GH¢42.7 billion in the first quarter of 2025 to GH¢769.4 billion in March 2024, the Bank of Ghana has revealed in its May 2025 Summary of Financial and Economic Data. In January and February 2025, the country’s total public debt stood at GH¢752.1 billionContinue Reading
The Ghana cedi gained 24.1% against the US dollar in the first five months of 2025. This is compared with a loss of 5.3% in the first quarter of 2025. According to the Bank of Ghana, the local currency traded at a rate of GH¢11.85 in May 2025 to theContinue Reading
The mining sector is facing a challenge that could erode its competitive edge and cripple future growth, the Ghana Chamber of Mines has warned. The Chamber is raising red flags over new tax measures that could drive exploration firms away, choke investment, and even collapse some existing mining companies. Speaking onContinue Reading
Ghana’s largest indigenous beverage company, Kasapreko PLC, has announced its intention to list 25 percent of its equity shares on the main market of the Ghana Stock Exchange (GSE) by the end of 2025. The move, aimed at driving growth and expanding the company’s investment footprint across the African continent,Continue Reading
The upcoming Monetary Policy Committee (MPC) meeting occurs against a backdrop of encouraging developments for the Ghanaian economy. The recent appreciation of the Ghana Cedi against the major currencies especially the US Dollar, the notable dip in inflation from 22.4percent in March to 21.2percent in April, and the positive upgradeContinue Reading
Ghana will require approximately $562 billion to successfully implement its national energy transition framework by 2070, according to the Ministry of Energy. The Deputy Director for Nuclear and Alternative Energy at the Ministry, Dr. Robert Sogbadji, disclosed this while speaking on the sidelines of a stakeholder engagement on Ghana’s EnergyContinue Reading
Tullow Ghana and its partners have announced the restart of drilling operations in the Jubilee Field, marking a renewed phase of investment and confidence in Ghana’s energy future. The new two-year drilling programme begins this May and is expected to significantly boost oil production and improve operational efficiency at oneContinue Reading