Gold Fields spends GH¢207,000 to support cocoa farmers

Gold Fields Ghana Foundation has spent GH¢207,000 to purchase fertilizers to support 240 cocoa farmers in the Prestea-Huni Valley Municipality of the Western Region to boost cocoa production. The Foundation also intends to help create and sustain jobs in the cocoa sector and establish the fact that mining can co-exist …

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SEC to assist fund managers

The Securities and Exchange Commission (SEC) says it will pursue the interest of licensed asset management firms with legally proven locked up funds in some microfinance and savings and loans firms which have run into financial difficulties. Director-General of the SEC, Daniel Ogbarmey Tetteh, said the situation of counterparty default …

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Kumasi markets to close at 6pm – Metropolitan Assembly

The Kumasi Metropolitan Security Council has resolved to close all markets in Kumasi by 6:00pm every day. The council will also to set up a security taskforce to monitor the various market facilities in the metropolis. The decision was taken at the council meeting held on Thursday, 24 April 2019 …

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IMANI’s claims on Aker Energy deal baseless – K.T Hammond

A former deputy Minister of Energy under the Kufuor administration, K.T Hammond has downplayed the concerns of Policy Think Tank, IMANI Africa over Ghana’s agreement with a Norwegian oil company, Aker Energy. IMANI had accused Aker Energy of shortchanging Ghana in its petroleum Agreement with the country for oil production. …

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Adjust cocoa price downwards – IMF advises government

The International Monetary Fund (IMF) has advised the government to adjust the producer price of cocoa to reflect changes in international cocoa prices. According to the IMF, the downward adjustment had become necessary because the Ghana Cocoa Board (COCOBOD) was grappling with a funding gap of GH¢1 billion due to …

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SHC loses property to private individual

An Accra High Court has ruled in favour of two private citizens who took the State Housing Company (SHC) Limited and four other state institutions to court for encroaching on their property. The applicants, Jonathan Lamptey and Funmilayo Lamptey took the National Security Coordinator, National Board for Small Arms, the …

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Gold Fields says it will reach 2-m-ounce mark this year

JSE-listed Gold Fields expects to reach its two-million-ounce milestone for the first time this year, as its Damang project, in Ghana, increases production, as the Gruyere project, in Australia, enters production and the Asanko joint venture, in Ghana, contributes for the full year. CEO Nick Holland stated in an operational …

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