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    Ethiopian Prince Alemayehu’s lock of hair returned after 140 years in UK

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    Stop lecturing us and stop treating us like kids – Guinea’s Col Mamady Doumbouya tells West

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    Rwanda coach suspended for saying Ghana’s Black Queens look like men

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    Meet Bukom Banku’s son, Bukom Tilapia who is also a boxer

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      One injured in gas station fire at Katamanso

      One injured in gas station fire at Katamanso

      Ethiopian Prince Alemayehu’s lock of hair returned after 140 years in UK

      Ethiopian Prince Alemayehu’s lock of hair returned after 140 years in UK

      Stop lecturing us and stop treating us like kids – Guinea’s Col Mamady Doumbouya tells West

      Stop lecturing us and stop treating us like kids – Guinea’s Col Mamady Doumbouya tells West

      Man sacrifices 2 children to gods at a shrine; murders wife

      Traditional Priest commits suicide after allegedly killing his second wife for cheating

      Pregnant JHS student killed, head cut off

      Ashaiman: 45-year-old man tragically killed by torrential rain

      Man confesses exhuming human skull for GH¢20 in Tamale

      Man confesses exhuming human skull for GH¢20 in Tamale

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      Dr UN Award incredibly stupid; I can’t believe I fell for that nonsense – D-Black

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      Stonebwoy should be jailed  – Shatta Wale

      Stonebwoy should be jailed  – Shatta Wale

      ‘I’ll slap you if you try smiling at me’ – Shatta Wale threatens Stonebwoy

      ‘I’ll slap you if you try smiling at me’ – Shatta Wale threatens Stonebwoy

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      Wendy Shay to be flown to Germany for further treatment – Bullet

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      I can’t tell if Ogum will lead Kotoko to Africa – Kotoko board member

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      Rwanda coach suspended for saying Ghana’s Black Queens look like men

      Rwanda coach suspended for saying Ghana’s Black Queens look like men

      GPL: Bibiani Gold Stars beat Asante Kotoko 2-1

      GPL: Bibiani Gold Stars beat Asante Kotoko 2-1

      I was forced to bury ‘human heart’ before Kotoko match – Ex-Hearts goalkeeper Nana Banyin Crentsil confesses

      I was forced to bury ‘human heart’ before Kotoko match – Ex-Hearts goalkeeper Nana Banyin Crentsil confesses

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      Live: Burnley vs Manchester United

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      Meet Bukom Banku’s son, Bukom Tilapia who is also a boxer

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        Songo, the African tribe where children are raised by their uncles

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        The story of the Ghanaian professor emeritus who did not attend secondary school

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        This African tribe from Togo and Benin were experts in penis enlargement way before plastic surgery

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        How an Asante King led an army to defeat the British and behead a governor in 1824

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      Ghana to meet revenue target in mineral export

      MTN to stagger share proceeds repatriation

      Dr Ernest Addison, Governor of the Bank of Ghana

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      Ghana exported nearly $5.8 billion worth of minerals as of the end of October, 2018 as against $6 billon minerals exported in 2017, the Governor of the Bank of Ghana, Dr Ernest Kwamina Yedu Addison, has said.

      With such gains, he said, the country was on course in meeting the $6 billion revenue target in mineral export each year.

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      Speaking at the 2018 Ghana Mining Industry Awards last Friday, Dr Addison said: “These trends show that mining is indeed very important not only for export but also foreign direct investment (FDI) flows.

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      “Looking at fiscal management in terms of the contribution of mining royalties to domestic revenue, this has also increased to GH¢749 million from GH¢261 million in 2016,” he stated.

      Awards

      The awards, which coincided with the 90th anniversary of the Ghana Chamber of Mines, recognised and celebrated individuals and companies for their outstanding achievement and excellence in the mining industry.

      The Asanko Gold Ghana Limited was adjudged the Mining Company of the Year 2018, while Mr Alwyn Pretorius, the Regional Senior Vice-President of Newmont Africa and Latif Iddrissu, a reporter with Multi Media, received the Mining Personality and Best Mining Reporter of the year respectively.

      Trade surpluses

      Dr Addison said the data available at the BoG had suggested that mining currently provided more than 10, 000 jobs annually in spite of the various disruptions, such as power generation and fluctuation in the price of the metal, which impacted on the industry.

      He also said due to improvement in the country’s export performance in 2018, Ghana had swung from being a country that recorded trade deficit to one that was currently recording trade surpluses.

      He attributed such major turnaround in the country’s microeconomic fundamentals to the stability of the cedis against major foreign currencies.

      On the importance of diversification and adding value to the country’s mineral resources to improve forward and backward linkages associated with the mining industry, Dr Addison said “I think that this is the best way in which the Ghanaian economy can indeed enjoy the benefit of gold to our local economies.”

      Robust financial sector

      The governor said that there had been an improvement in the country’s economic activity, with major export commodities—gold, oil and cocoa—doing so well and inflation rate reducing to 9.5 per cent.

      He, however, expressed worry about the influence of the external environment on the domestic economy, particularly, changes in monetary policy in the US and its impact on the exchange rate.

      He indicated that by restoring sanity and trust in the financial sector, the central bank was optimistic that by the end of December “we will have a financial sector that is very robust and well-capitalised with better corporate governance which should inure to the benefit of all us.”

      ‘We’ll inaugurate board’

      In a speech read on his behalf, the Minister of Lands and Natural Resources, Mr Kwaku Asomah-Cheremeh, said the government was committed to promoting sustainable extraction and optimising the use of mineral resources in the country.

      He disclosed that the government would soon put in place a governing board of the Minerals Develop Fund as stipulated in Act 192 to enhance community participation in the mining resources.”

      Unexplored potential

      The Chief Executive Officer of the Ghana Chamber of Mines, Mr Sulemanu Koney, said the mining industry still had immense unexplored potential to significantly create sustainable livelihoods for the people and contribute more to the socio-economic development of the country.

      Harnessing such potential, he said, would require the ingenuity, commitment, diligence of stakeholders within the mining industry to address challenges facing the sector.

      source: Graphic Online

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