Zijin Mining Group Co., Ltd. has finalized the acquisition of Newmont Corporation’s Akyem Gold Mine for $1 billion, marking a major milestone in its international growth strategy. The deal was completed through Zijin’s wholly-owned overseas subsidiary on April 16, after…
Ghanaians can look forward to cheaper holiday data bundles on five national holidays in 2024. This comes after a successful deal between the Ministry of Communications and telecom providers. Communication Minister and Ningo Prampram MP, Sam Nartey George, shared the…
Ghana has secured $370 million from the International Monetary Fund (IMF), following the fourth review of the country’s Extended Credit Facility (ECF) programme. The IMF team, led by Mission Chief Stéphane Roudet, conducted a two-week mission in Accra, which resulted…
Secondary bond market activity dropped by 6.2% this week to GH¢453 million, compared to GH¢483 million the week before. Investors showed caution due to the ongoing International Monetary Fund (IMF) mission, which ends on April 15, 2025. General Category Bonds…
Nvidia, a leading microchip maker, will face a $5.5bn (£4.2bn) loss after the US government imposed stricter export controls on its products to China. The company, central to the artificial intelligence (AI) boom, now requires licenses to export its popular…
The Ministry of Finance has started an eight-week forensic audit into GH¢4.4 billion in unpaid government obligations. Finance Minister Dr. Cassiel Ato Forson announced the audit during a press briefing on April 15, 2025. The Auditor-General’s office will lead the…
Societe Generale Ghana has taken bold steps to boost savings by rewarding 40 customers in the first mini draw of its ‘Deposit and Drive Promo.’ The draw, held in Accra, saw winners walk away with smart TVs, microwaves, smartphones, and…
The International Monetary Fund (IMF) has endorsed the Public Utilities Regulatory Commission’s (PURC) decision to raise utility tariffs in Ghana. The adjustment includes a 14.75% hike in electricity tariffs and a 4.02% increase in water tariffs for all consumer groups.…
Ghana has reached a staff-level agreement with the International Monetary Fund (IMF) to wrap up the fourth review of the 36-month Economic Credit Facility (ECF) programme. The agreement outlines key economic policies and reforms aimed at stabilizing the economy. The…
Ghana’s government has decided that telecom operators will fund the entire SIM card registration exercise. Communications Minister Samuel Nartey George made this announcement during an interview on Channel One TV on Monday. He emphasized that this move is part of…
An Accra Human Rights Court has reviewed the bail conditions of Kwabena Adu Boahene, the former Director-General of the National Signals Bureau (NSB), after his legal team argued that the initial terms were excessive. The court reduced his bail sum…
Akua Donkor, founder and leader of the Ghana Freedom Party, will have her final funeral rites on Saturday, March 29, 2025. Family and supporters will gather to celebrate her life. They will bury her in Ejuratia, Ashanti Region. Then, on…