Adnan Adams Mohammed All things being equal, Alpha Energy Resources is set to begin mining operations at its largest diamond mines offshore Namibia in October this year. …
Economy and Finance
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Economy and Finance
Deloitte’s West Africa economic outlook, August 2024
by Adnan Adamsby Adnan AdamsWest Africa’s economic output has been limited by the rising cost of goods and services, leading to an increase in interest rates as monetary authorities attempt to rein in inflation.
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Economy and FinanceNews
Macroeconomic indicators to worsen in Ghana, Nigeria through 2024 – Audit firm
by Adnan Adamsby Adnan AdamsThe worsening economic conditions erodes the purchasing power of consumers while deteriorating standard of living and also increasing cost of doing business in the sub-region.
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsReal EstateTechnology
AfDB to intensify investments in clean cooking across Africa
by Adnan Adamsby Adnan AdamsThe sprawling informal settlement of Mukuru on the outskirts of Nairobi holds powerful tales of how an innovative gas energy company is providing clean cooking solutions and restoring …
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Economy and FinanceLifestyleMining & EnergyNews
Ghana’s gold reserves hits 65 tonnes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Bank of Ghana’s Domestic Gold Purchase Programme has so far amass 65.4 tonnes of gold valued at US$5 billion. This has significantly …
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Economy and FinanceNews
Increasing cost of doing business, labor agitation leading cause of cedi depreciation
by Adnan Adamsby Adnan AdamsIn its assessment of midyear budget review, the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana admitted that, the cedi has experienced significant depreciation against …
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The Chairman of Parliament’s Finance Committee, has praised the Minority caucus for supporting recent tax waivers approved by the legislature, describing it as a significant step towards deepening parliamentary collaboration.
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Economy and FinanceLifestyleTechnology
Centralized Forex trading platform launched to tame market collusion .
by Adnan Adamsby Adnan AdamsThe operation of the platform took effect on August 1, 2024, as contained in a statement signed by the Secretary (BoG). The statement indicated that, the initiative marks a milestone …
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Economy and FinanceNews
Gov’t stays committed to fiscal prudence in midyear budget .
by Adnan Adamsby Adnan AdamsPresenting the midyear budget review to Parliament, last week, the minister assured that the government is operating within its budget, emphasizing efforts to control expenditures and stay within the 2024 …
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Economy and FinanceLifestyleNews
GRA outperformed June collection to exceed mid-year target .
by Adnan Adamsby Adnan AdamsIn 2024, the GRA was tasked to collect GHC145, 992.38 Billion Cedis, representing a 29.1% growth over the GHC 113,066.43 Billion Cedis, that was collected in the 2023 fiscal year.