The Water Citizens Network and Revenue Mobilisation Africa have called for action against the devastating impact of illegal mining and corporate exploitation on Ghana’s environment and communities.
Marking the Week Against Water Privatisation, the two organizations condemned the environmental degradation caused by illegal mining, known locally as “galamsey,” as well...
By Bernard Yaw ASHIADEY
The government, it seems, has greenlit the sale of Newmont's assets to Chinese investors for a staggering US$1billion. This decision, ostensibly made for an additional US$150 million above what indigenous investors, backed by local funds offered, raises profound questions about the nation's economic strategy and its...
The Minerals Income Investment Fund (MIIF) hosted the highly successful second MIIF Stakeholder Conference at the Marriott Bonvoy Hotel on 15th October 2024.
The event, themed “Minerals Value Addition and Value Chain Development – Essential Tools for Ghana’s Development,” provided a crucial platform for discussions on enhancing Ghana’s mining sector...
By Nick OPOKU
Ghana is Africa's largest producer of gold and one of the world's largest. Gold plays a critical role in Ghana's economy; contributing nearly half of the country's exports in 2023, according to central bank data.
Illegal small-scale mining (galamsey), however, continues to wreak havoc on the environment,...
According to the Harvard Business School (HBS) online, a study has found that inadequate communication can cost large companies an average of US$64.2 million per year.
Indeed, the Economist Intelligence Unit is reported as saying that “poor communication can lead to low morale, missed performance goals, and even lost sales.”
The...
In response to the reported US$1billion sale of Newmont’s Akyem gold mine to China’s Zijin Mining Group, the Institute of Economic Affairs (IEA) is calling for significant constitutional amendments to safeguard the nation’s natural resources.
The IEA describes the deal as “flawed in several respects, inimical to Ghana’s interest and...
By Christabel DANSO ABEAM
The Women in Law and Development in Africa (WiLDAF), partnering with OXFAM Ghana, has held a roundtable meeting under the Power of voices for Partnership (PvP) Fair4All project to review gender responsive policies, legal and institutional frameworks in the mining, petroleum and cocoa sectors.
The PvP Fair4all...
By Samuel Lartey (Prof.)
[email protected]
Ghana, once lauded as an African success story, has faced significant economic hurdles in recent years, from overburdened national debt to the volatile depreciation of the cedi, sky-high inflation, and the environmental destruction caused by illegal mining (Galamsey).
As the country nears the 2024 General Elections, signs...
The United Nations (UN) Resident Coordinator for Ghana, Mr. Charles Abani, has observed that addressing illegal mining or galamsey is crucial to establishing a sustainable economy.
He further indicated that illegal mining has devastating impacts on people, poverty, jobs, child-labour, the environment and water, while also driving illicit financial flows.
The...
By Isaac Yaw OBENG
Agricultural exports contribute significantly to Ghana’s economy. According to the data, agri-food products worth US$3.4billion were exported from Ghana over the period 2022 and 2023 (Ghana Statistical Service, 2023.
Ghana’s agricultural-related exports are led by Cocoa and Cocoa preparations ($1.090B), Edible fruits, nuts, peel of citrus fruit, melons (US$387.29M), and Animal, vegetable...