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Ghana rakes in billions from gold, cocoa, and petroleum exports in 2024

Ghana’s export sector experienced significant growth in 2024, with total exports amounting to GH₵294.9 billion. This exceeded the country’s import bill of GH₵250.2 billion,...

12 containers of fake US dollars, suspected gold bars intercepted by National Security

National Security operatives have seized a major consignment of counterfeit currency and suspected gold bars concealed in twelve 20-foot shipping containers. The operation, carried out...

Ghana’s total exports surged by 21.06% to $20.22bn in December 2024 – BoG

Ghana’s total exports saw a remarkable increase of 21.06% in December 2024, reaching $20.22 billion, a significant boost driven by a sharp rise in...

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

Gold prices are projected to experience a significant surge in 2025, according to the latest projections from Databank Research in its Ghana Market Outlook...

OMCs blame gold-for-oil policy for looming fuel shortage

The Chamber of Oil Marketing Companies (OMCs) has sounded the alarm over a possible fuel shortage in the coming days, attributing the looming crisis...

Police manhunt robbers who fled with over 30 pounds of gold at Amansie South

Police have initiated a search operation for two suspected armed robbers who fled with over 30 pounds of gold, cash exceeding GH¢11,000, and vehicle...

Cardinal Namdini Mining Ltd commissioned to boost gold production

President Nana Akufo-Addo on Friday officially inaugurated the Cardinal Namdini Mining Ltd, a mine in Talensi, Upper East Region, celebrating its first gold pour...

Responsible gold sourcing programme launched to boost economic growth

The Bank of Ghana (BoG) has identified gold as a crucial strategic reserve asset that significantly influences economic growth. However, the Central Bank emphasizes the...

Ghana reports GHS5.4b trade surplus in Q2 2024, through gold exports

In the second quarter (Q2) of 2024, Ghana's overall trade value reached GH₵123.0 billion, with exports totaling GH₵64.2 billion and imports amounting to GH₵58.8...

Cedi poised for recovery as high interest rates, gold exports provide support

Ghana's cedi appears poised for a recovery after reaching a new low against the dollar, driven by elevated interest rates, an improved government financial...

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