Ghana's small mining group dropped shocking numbers about illegal digging across the nation. The association revealed that just eight miners out of every hundred have legal papers for their work. Most people grabbing gold from the ground break laws every single day without proper permits. Michael Adugyamfi leads the miners group and blames government red tape for the mess. He says politicians meddle with the licensing process and make everything harder for honest workers.
Adugyamfi spoke on OTEC radio station during Wednesday afternoon programming about the crisis. The secretary explained that complicated paperwork keeps miners from getting official approval for their operations. Political leaders interfere with applications and slow...
Ghana Gold Board agents busted ten Chinese men running secret gold deals from a house in Asankragwa. The foreign suspects got caught red-handed after security forces watched them for weeks. Police found 1.3 kilos of raw gold worth over one million cedis hidden inside the property. Officers also grabbed another 1.3 million cedis in cash and twelve powerful shotguns with bullets. The criminals kept detailed records of their dirty business and had fancy casino cards for washing money.
Sammy Gyamfi from Ghana Gold Board told reporters about the massive raid at security headquarters in Accra. He promised the arrested men will face serious court charges for breaking Ghana's mineral laws. The government wants to stop criminals from stealing...
Tourism boss Abla Dzifa Gomashie wants Ghana to stop buying chicken from other countries and start raising birds at home instead. She spoke at the big National Poultry Day party Tuesday where hundreds of people gathered. The minister says raising chickens matters for Ghana's culture and helps the nation stand strong. Gomashie thinks the millions spent on foreign chicken could build better farms right here. She wants researchers and business people to team up and fix problems that hurt local chicken farmers.
Deputy farming minister John Setor Dumelo agrees that chicken raising offers great chances for people to make money and help the country grow. He tells Ghanaians that starting with just ten birds at home makes a real difference. The...
Ghana plans to revamp the old laws that control its national oil company after 42 years. Energy Minister John Abdulai Jinapor made the announcement during Monday ceremonies for the new GNPC board members. The government wants fresh rules that match what other countries do with their petroleum companies. Officials say the current 1983 law feels outdated and needs major changes. Leaders hope updated regulations will help the corporation work better.
Oil production keeps dropping across Ghana as experts worry about future supplies running low. Major international oil companies are showing strong interest despite these problems. The minister believes this attention creates perfect timing to rebuild GNPC for coming decades. He pushed the...
Ghana Maritime Authority teamed up with British sea experts to make ocean travel safer around the country. The United Kingdom Hydrographic Office sent their top people to visit government offices during Tuesday meetings that lasted several hours. Both groups talked about fixing problems with underwater mapping and making Ghana better at handling ships. The British team knows everything about drawing sea charts and collecting ocean data from around the world. Maritime officials want to protect boats that carry goods and people along Ghana's waters.
Marilyn Eghan from the maritime authority explained how Ghana maps its ocean floor and coastline areas. She told visitors about the tough job of measuring 550 kilometers of beaches and...
GOIL slashed fuel prices again as drivers across Ghana celebrate cheaper trips to the pump. The oil company cut costs on July first despite wars raging between Israel and Iran that usually spike global energy markets. Super XP dropped to 12.07 cedis per liter as Diesel XP fell to 13.20 cedis and Super XP 95 landed at 14.34 cedis per liter. Company leaders said they wanted to help motorists save money and reward customers who stick with their brand. GOIL has chopped prices every single week for three straight months.
The fuel giant reported massive profits during 2024 as shareholders heard good news at their annual meeting in Accra. Chairman Nana Philip Archer told investors that smart money management and careful spending helped the...
Tax experts slam Ghana Revenue Authority over new business tax rules that hit small traders hard. The Modified Taxation Scheme kicked off July first and targets workers from informal sectors across the country. Critics say the 20,000 cedi yearly income limit punches micro-businesses right where it hurts most. Francis Timore Boi leads the charge against what he calls unfair treatment of tiny enterprises. The current setup forces companies earning between 20,000 and 500,000 cedis to pay three percent of total annual sales.
Boi admits the policy helps expand the tax base but wants higher income limits for small operators. He argues that very small businesses might dodge tax payments if the government keeps pressuring them with low...
Ghana sees prices crash as shoppers celebrate major savings at stores nationwide. The inflation rate plunged from over 18 percent to just under 14 percent during June. Economists call this the biggest price drop the country has witnessed since 2022. Food costs tumbled the hardest as families found groceries becoming cheaper each week. Government officials say their price control plans are finally working across the nation.
Statisticians revealed that people actually paid less money for goods compared to the previous month. This rare event means deflation hit Ghana as prices moved backward instead of forward. Dr Alhassan Iddrisu from the statistics office praised the steady downward trend over six months. Food prices dropped a massive...
The Ghana cedi bounced around against the dollar Wednesday as money changers watched rates shift throughout the day. Banks offered people 10.35 cedis when they wanted to buy dollars and charged 10.98 cedis when folks wanted to sell their greenbacks. Street-level forex bureaus demanded much higher prices from customers who needed foreign cash. Bureau operators asked for 12.30 cedis per dollar and paid out 12.70 cedis when people sold their American money back. The official Bank of Ghana set interbank trading at 10.33 cedis for buying and 10.34 cedis for selling.
British pounds cost even more as the cedi struggled against major world currencies during midweek trading. Forex bureaus wanted 13.96 cedis from anyone buying pounds and offered...
