[ad_1] Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama The Bank of Ghana has disclosed a sharp rise in losses under its Domestic Gold Purchase Programme (DGPP), with figures reaching GH5.66 billion in 2024. The programme, established in June 2021, aims to strengthen the nation’s currency stability. Data shared with Asempa FM’s…
[ad_1] On Joy FM’s news analysis programme on Saturday, January 3, 2025, Economic Policy Analyst, Senyo Hosi, acknowledged the immense role of former Vice President, Dr. Mahamudu Bawumia, in establishing the Bank of Ghana’s Domestic Gold Purchase Programme (DGPP), which is significantly contributing to the stability of the Cedi and to a large extent, the…
[ad_1] The Ghana National Association of Small Scale Miners (GNASSM) is calling on politicians to safeguard the progress made in the artisanal and small-scale mining (ASM) gold sector. In a statement released in Accra on Thursday, January 1, 2026, and signed by its General Secretary, Godwin Nickleson Armah, the association emphasised that despite the losses…
[ad_1] The Minority Caucus in Parliament is demanding a bipartisan parliamentary inquiry into the circumstances under which Ghana lost $214 million in the first nine months of 2025 under the Gold for Reserve Programme. The caucus said such an ad hoc investigative committee should have the power to subpoena the Governor of the Bank of…
[ad_1] The Chief Executive Officer of GoldBod, Mr Sammy Gyamfi, has said he will address allegations surrounding reported losses under Ghana’s gold for reserve programme on January 5, 2026. In a statement posted on social media on Monday, [December, 29, 2025], in response to a press conference by the Minority Caucus in Parliament that stated…
[ad_1] Dr. Johnson Asiama The Bank of Ghana (BoG), has described claims of some figures reported in relation to losses from Gold operations in 2025 as speculative. It was reported that Ghana recorded US$214 million in losses under the gold-for-reserves programme. But in a statement issued and released on Thursday, December 25, 2025 by…
[ad_1] Dr Mahamudu Bawumia Vice President Dr. Mahamudu Bawumia has announced a bold plan to stabilise Ghana’s currency, the Cedi, by anchoring its value to gold. Speaking at the inauguration of the Royal Ghana Gold Refinery in Accra on Thursday, he emphasised that gold is the best anchor for the Cedi. His remarks come as…
[ad_1] The idea of establishing a gold refinery in Ghana is not new. It was one of the projects that the Nkrumah Government considered, in line with the industrialisation programme devised for that government by the Noe Drevici group. (GOOGLE Drevici+Ghana) Drevici told Nkrumah (in a conversation revealed to me by Drevici’s wife, Ulla:…
[ad_1] A militia attack on a gold mine in northeastern Congo killed six Chinese miners and two Congolese soldiers, a civil society group said Thursday, the latest assault as violence worsens in the resource-rich region. The attack on Wednesday targeted the village of Gambala and the nearby “Camp Blanquette” gold mine in the Ituri province,…
[ad_1] Students with supervisor after the competition Five students of Galaxy International school have been awarded with medals after securing top spots at the just ended International Greenwich Olympiad (IGO) 2024, held at the North London Grammar School in the United Kingdom. International Greenwich Olympiad (IGO) which started in 2023 is aimed at creating…
