Bank of Ghana Suspends Consolidated Bank’s Forex Trading License for Regulatory Violations
he Bank of Ghana has suspended the Consolidated Bank of Ghana’s foreign exchange trading license for one month due to multiple regulatory breaches. The license may be restored if CBG implements effective measures to meet compliance standards.
Brodi: The Largest Producer of Cashew in Ghana
Brodi, nestled in Ghana's Brong Ahafo Region, stands as the country’s largest producer of raw cashew nuts, significantly fueling the local economy. Despite challenges in infrastructure and market access, Brodi’s vast cashew industry draws buyers globally, presenting a ripe opportunity for investors to support growth and job creation.
2024 Ghana Ghana Club 100 Awards: Newmont Africa Retains Top Spot as Best Company in Ghana
Newmont Africa (Ahafo South Mine) has retained its title as the top company in Ghana, winning the 21st Ghana Club 100 Awards hosted by GIPC. The 2024 awards recognized leading Ghanaian companies, with Goldfields Ghana Ltd and MTN Ghana also ranking in the top three.
McDan Group Partners with GPHA to Boost Marine Transport and Salt Export in Ghana
McDan Group and GPHA have partnered to create a marine terminal for salt exports, improving logistics and reducing transport costs. The project aims to boost Ghana’s salt production and support economic growth in the Ada region.
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Chinese Mining Giant Acquires $1 Billion Gold Mine in Ghana
China’s Zijin Mining Group acquires the Akyem gold mine from Newmont Corporation in a $1 billion deal, planning to extend operations until 2042. The acquisition is part of Zijin’s strategy to boost global gold production, while Newmont remains committed to its Ghana projects.
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In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
Brodi: The Largest Producer of Cashew in Ghana
Brodi, nestled in Ghana's Brong Ahafo Region, stands as the country’s largest producer of raw cashew nuts, significantly fueling the local economy. Despite challenges in infrastructure and market access, Brodi’s vast cashew industry draws buyers globally, presenting a ripe opportunity for investors to support growth and job creation.
2024 Ghana Ghana Club 100 Awards: Newmont Africa Retains Top Spot as Best Company in Ghana
Newmont Africa (Ahafo South Mine) has retained its title as the top company in Ghana, winning the 21st Ghana Club 100 Awards hosted by GIPC. The 2024 awards recognized leading Ghanaian companies, with Goldfields Ghana Ltd and MTN Ghana also ranking in the top three.
McDan Group Partners with GPHA to Boost Marine Transport and Salt Export in Ghana
McDan Group and GPHA have partnered to create a marine terminal for salt exports, improving logistics and reducing transport costs. The project aims to boost Ghana’s salt production and support economic growth in the Ada region.
Chinese Mining Giant Acquires $1 Billion Gold Mine in Ghana
China’s Zijin Mining Group acquires the Akyem gold mine from Newmont Corporation in a $1 billion deal, planning to extend operations until 2042. The acquisition is part of Zijin’s strategy to boost global gold production, while Newmont remains committed to its Ghana projects.
In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
ECG Completes Major Maintenance on KNUST Substation After Four Decades
Electricity Company of Ghana (ECG) has completed extensive maintenance work on a substation at Kwame Nkrumah University of Science and Technology (KNUST). This initiative, which was provided at no cost to the university, marks a significant upgrade for the facility that had not undergone major maintenance in over 40 years.
2 months agoBono Farmers Struggle Amid Cashew Abundance: Smuggling, Poor Practices, and Raw Nut Exports to Blame
Ghana's cashew industry faces challenges like raw nut exportation, poor practices, and smuggling despite global market growth. Cashew Watch Ghana aims to transform the sector through policy advocacy, fair pricing, and farmer empowerment to boost revenue and economic growth. Improved coordination and value addition are key to unlocking the industry's potential.
5 months agoItalian Ambassador: Ghana Deserves Greater Recognition in Tourism
The Italian Ambassador to Ghana, Daniela d'Orlandi, highlights the country's rich cultural heritage and diverse tourist attractions, emphasizing the need for increased promotion and recognition of Ghana's tourism sector on the global stage.
5 months agoBank of Ghana Defends Decision to Shut Down GN Savings & Loans
The Bank of Ghana staunchly defends its decision to revoke GN Savings and Loans' license, citing regulatory violations, while dismissing allegations of political interference by former Finance Minister Ken Ofori-Atta, as legal challenges by GN's chairman, Dr. Papa Kwasi Nduom, continue.
5 months agoResults have ended