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Gold prices to rise in 2025 due to US interest rate cuts, others - Databank Research

Asante Gold to commence underground mining, targets over 250,000 ounces gold production annually

System glitches affect cargo clearance at Tema Port; shippers not to bear additional cost - GSA

IMF projects Ghana to end 2024 with 18% inflation rate

SIC to begin payment of final dividend for 2023 financial year in January 2025

3 measures Ghana could implement to boost its mining sector

IMF Mission praises Cabo Verde's economic growth, identifies risks in latest review

An International Monetary Fund (IMF) mission, led by Mr. Justin Tyson, concluded its meetings with Cabo Verdean authorities between November 18 and 26, 2024....

Asante Gold leverages share issuance to resolve $35M outstanding debt to creditors

Asante Gold Corporation, a gold exploration, development, and operating company, has issued 31,896,857 common shares to settle $35 million in outstanding debt owed to arm’s length creditors....

Photos: Ghana's second ethanol processing factory in Kpenu set for commissioning next month

North Tongu Member of Parliament Samuel Okudzeto Ablakwa has announced that a new ethanol processing factory in Kpenu within the Dorfor Traditional Area is set to open next month....

Ghana govt cleans tax system by removing 'harassing' GRA operators

The Ghanaian government has taken steps to clean up its tax system by removing Ghana Revenue Authority (GRA) officials accused of harassing businesses. Finance Minister Dr. Mohammed Amin Adam made the...

How UK govt's generative AI chatbot will aid small businesses setup

The UK government is expanding its generative AI chatbot pilot to assist thousands of small businesses with setup, guidance, and regulatory information, marking a new stage in making support more acce...

How UK plans to support 50,000 households, over 89,000 jobs in Kenya

The British High Commission in Nairobi has launched a USD $5.2 million (KSH 667 million) fund to bolster Kenya’s Micro, Small, and Medium Enterprises (MSMEs), part of a wider UK strategy to create j...

IMF approves Sierra Leone's 38-month Extended Credit Facility for $248.5 million

The International Monetary Fund (IMF) Executive Board has approved a 38-month Extended Credit Facility (ECF) arrangement for Sierra Leone, providing access to approximately $248.5 million (SDR 186.663...

Why Ghana wants to import petroleum from Nigeria's Dangote Oil Refinery

Ghana is considering turning its eyes from Europe to Nigeria for the importation of petroleum, according to the Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Adbul Ham...

Growth in sub-Saharan Africa projected at 3.6% in 2024

Sub-Saharan Africa's economic growth is projected to remain subdued at 3.6 percent in 2024, unchanged from 2023, with a modest pickup to 4.2 percent expected in 2025, according to the latest IMF Regi...

Ghana generates GHC18 billion in total revenue in first half of 2024

The government of Ghana reported a total revenue generation of GHC 18 billion in the first half of 2024, driven by substantial increases in tax collections....

Ghana govt spent 21.79% more on compensation and wages in Q2 of 2024

The Ghanaian government’s expenditure on compensation for employees saw a significant rise of 21.79% in the second quarter of 2024, totaling GHC16,088,370,059.45, per data from the Ministry of Finan...

IMF revises Zambia's economic growth in 2024 to 1.2%

The International Monetary Fund (IMF) has revised its economic growth forecast for Zambia in 2024 to 1.2%, down from the previously projected 2.3%....

Ghana: Collapsed businesses, unimplemented laws lead to dwindling volume, value for exported timber this year

The collapse of local timber companies and the government's failure to implement crucial legal frameworks are reported to be contributing to a significant decline in Ghana's timber exports in 2024....

Ghana to receive over 20,000 metric tonnes of LPG between Oct 21 and 27 amid scarcity claims

Ghana is set to receive more than 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) between October 21 and 27, 2024, as the country navigates claims of potential LPG scarcity....