… provides additional income at almost no cost
Finance Minister Ken Ofori-Atta has said that the country has been transparent and forward-thinking in the setting up of the Agyapa Royalties deal which would be Africa’s first Gold Royalty Company which would ensure that the country does not only benefit from mining operation...
Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has said efforts to ensure production of good quality cocoa beans while improving the livelihoods of farmers, through cocoa certification is significantly contributing to achieving cocoa production sustainability.
He observed that the “firm agreement made by top cocoa...
We have each been involved in the Ghana mining sector for almost four decades, including participating in critical reforms of its regulatory regime. We are gravely concerned about the transaction by which 75.6% of royalties payable to government over the life of a number of mining operations are being...
Though government is yet to list Agyapa Royalties Limited shares on the Ghana and London stock exchanges, local and foreign investors have expressed keen interest in investing in this novel gold royalties-backed business, Deputy Minister for Finance, Charles Adu Boahen has said.
Mr. Adu Boahen, briefing the B&FT said: “Though...
The world’s two largest cocoa producers, Ivory Coast and Ghana have created a joint body to improve coordination in research, price setting and the fight against child labour, the Ivorian government said on Thursday.
The two countries, which produce around 60% of the world’s cocoa, have coordinated on some of...
The newly elected General Secretary of the Ghana Mineworkers’ Union of TUC, Abdul-Moomin Gbana, addressed the mid-year National Executive Council meeting last weekend in Sunyani, capital of the Bono Region, and commended government for its bold response to the COVID-19 pandemic.
He noted that the pandemic outbreak has not been...
The Public Interest and Accountability Committee (PIAC) wants the country to move from investing petroleum funds in only low-risk Instruments to a mixture of both high and low.
This, along with diversifying place of investment - mostly the USA market, PIAC's Technical Manager Mark Agyeman argues, will offer maximum returns...
Trade experts in Ghana have raised some concerns that need to be addressed in order to enjoy a successful implementation of the African Continental Free Trade Area agreement, following the handing over and commissioning of the AfCFTA Secretariat by the President of Ghana.
The African Continental Free Trade Area is...
The far-reaching implications of finding commercially viable quantities of oil and gas in deepwater drilling off Ghana was one of several topical issues explored by Kevin Okyere, CEO-Springfield Group, in an in-depth interview he gave recently to Oxford Business Group’s online broadcasting channel, Global Platform.
Okyere told OBG that Springfield’s...
Cocoa farmers have appealed to Ghana Cocoa Board (COCOBOD), the industry regulator, to increase the producer price of cocoa beans in the coming 2020/2021 season by a significant margin.
According to the farmers, cost of production has skyrocketed in recent times; and besides, the general standard of living among farmers...