BUSINESS

Disappointed by the incessant failure of various governments to make farming attractive, the CEO of Aboboyaa Company Ltd and a farmer, Mr. Gideon Seidu aka Aboboyaa has heavily descended on the subsequent governments; NDC, NPP for being bias when it comes to Agriculture and farmers welfare in the country.   …

Leadership of the Public Services Workers’ Union, (PSWU) of the Trades Union Congress, (TUC) has locked horns with CEO for the Ghana Trade Fair Company, GTFC Dr Agnes Adu over what the Union terms “unconventional mass termination of appointments of some 23 staff of the Company. The workers have been …

AngloGold Ashanti’s Mponeng mine in South Africa has been temporarily closed after 164 workers tested positive for the Coronavirus, the gold miner said in a statement on Sunday. The mine, the deepest in the world, only re-opened in April after being shut under a nationwide lockdown, and had been operating at …

The Alliance for Social Equity and Public Accountability (ASEPA) says claims that the ruling New Patriotic Party (NPP) are better managers of the Ghanaian economy are inaccurate. According to ASEPA, available evidence backed by documents from Ghana International financial donors suggest that the opposition National Democratic Congress does better with …

During the first quarter of 2020, the Asanko Gold Mine (AGM) sold 67,820 ounces of gold at an average realized gold price of US$1,542/oz. Revenues totalled US$104.8 million, an increase of US$37.8 million from Q1 2019. The increase in sales proceeds was a function of higher sales volumes and higher …

A group calling itself the Akwatia Development Association is appealing to government to reconsider its decision to appoint Enoch Baah as the new Managing Director of the Great Consolidated Diamonds Ghana Limited (GCDGL). According to the group, Enoch Baah, who once headed the mining firm allegedly ruined it. It will …

The second Africa Regional Integration Index (ARII 2019) has been launched by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a call to action to African economies to deepen their integration. The 2019 Index, which builds on the first edition published …

Mining giant, AngloGold Ashanti, says the on-going redevelopment of the Obuasi Mine is on course despite the Covid-19 pandemic. The mine targets to produce 2,000 tonnes of gold daily in the first phase, having made the first pour late last year after the resumption of operations. Emmanuel Baidoo, the Senior …

The Electricity Company of Ghana (ECG) has clarified its position on the assertion by the Energy Ministry that debts owed the company by the government had been paid. This follows opposition by some members of the Minority contesting the veracity of the claim. The Energy Minister, Peter Amewu on May …

Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. Fuel demand plummeted in recent months as the pandemic caused governments to impose restrictions on movement and businesses closed their doors. Oil has rallied in recent …