The residents led by the youth of Amoaman, a community located within the Atwima Nwabiagya North district are peeved by the delayed execution of action by authorities against the ongoing encroachment of forest reserve situated around the Barekese Dam. Acres of forest land which years ago carpeted the water …
Read More »Banks cash reserve ratio back to 14%
The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …
Read More »Tanzania chides neighbours over forex reserve crisis
Tanzania’s president has said her country’s East African neighbours are facing a foreign currency reserve crisis. President Samia Suluhu Hassan said Tanzania had received requests to offer guarantees for their fuel imports. She made the remarks on Wednesday while discussing Tanzania’s economic footing. Quote Message: We have [foreign currency] reserves …
Read More »We’ll resist return of Akonto Mining to Nimri Forest Reserve – Samreboi Youth
Samreboi Youth have served notice of their readiness to resist a planned resumption of operations on mining concessions in the Tano Nimri Forest Reserve. The youth at a press conference held on January 3, 2023 said they will oppose mining companies including Akonta Mining, a company belonging to Ashanti Regional …
Read More »Government destroys structures of Akonta Mining in Tano Nimiri Forest reserve – Report
Government has ordered the burning of structures and equipment belonging to Akonta Mining, a company owned by New Patriotic Party, NPP, Ashanti Regional Chairman, Bernard Antwi Bosiako, alias Chairman Wontumi. Accra-based Joy News, in a report stated that their sources confirmed that the destruction of the properties took place on …
Read More »SHS Teacher, 4 others arrested over biggest cannabis farm in forest reserve
The Afram Plains North District office of the Forestry Commission of Ghana has arrested five suspects including a Senior High School teacher for farming cannabis in a forest reserve. Michael Anakpo, a teacher at Donkorkrom Agric Senior High School said to be the gang leader and his accomplices were arrested …
Read More »Bono forest reserve under threat following Fulani invasion
Forest reserves in the Bono and Bono East Regions are suffering degradation due to the evasion of Fulani herdsmen. The Forestry Commission has over 20 forest reserves in the regions but majority have witnessed some degrees of degradation. According to reports, herdsmen from Burkina Faso and Mali use unapproved roots …
Read More »People&Places: Untold truths about this 60-yr-old reserve in Ghana – The Shai Hills story
This new season of People & Places started with a tour at the fourth biggest forest and resource reserve in Ghana. The Shai Hills has served Ghanaians for 60 years, not only as a tourist site but as a place whose resources have greatly benefited the nation in numerous ways. …
Read More »Ten arrested by forest guards for illegal activities in Afrensu Brouhuma Reserve
The Forestry Commission Task Force has arrested ten persons for farming in the Afrensu Brouhuma Forest Reserve in Offinso in the Ashanti Region. The intruders have also built homes in what is supposed to be a virgin forest. Routine patrol by forest guards uncovered the illegal activity of the farmers. …
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