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Small-scale miners warn against further extension of mining ban

The Ghana National Association of Small Scale Miners has warned that a further extension of the ban on all forms of small-scale mining in the country will be harmful to the sector. It is, therefore, urging the Ministry of Lands and Natural Resources to lift the ban on small-scale mining …

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Navy rescues crew from burning vessel

The Eastern Naval Command of the Ghana Armed Forces (GAF) on Sunday, 14 January, 2018, rescued six crew members on board a vessel called MV Synagogue, which caught fire on the territorial waters of Ghana. One crew member sustained serious burns and is currently receiving treatment at the 37 Military …

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New regulation on gold export will increase revenue

The Co-Chair of the Ghana Extractive Industries Transparency Initiative(GEITI), Dr. Steve Manteaw is hopeful any regulation aimed at checking the real quantity of gold exported will block leakages in the system used in sending the commodity out of the country. According to him, available records show that there is always …

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Average interest rate on deposits stays at 10.4%

The average interest rate on customer deposits among commercial banks remained unchanged at 10.4 percent in December 2017. According to the Bank of Ghana’s Annual Percentage Rate (APR) and Average Interest (AI) report, of the thirty-one banks that were surveyed, Bank of Africa offers the highest interest rates on customer …

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Government to critically vet gold, oil before export – Bawumia

Vice President, Dr. Mahamudu Bawumia has disclosed that government will be tough on inspecting oil and gold resources exported out of the country. According to him, government is working on a regulation that will give some state agencies the power to check and inspect total production of oil and gold …

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Government to review operations at ports months after going paperless

Ghana Revenue Authority, GRA, has disclosed that it is preparing to take a holistic review of the system automation and paperless operations at the Tema and Takoradi Ports. After four months of the implementation of the paperless system, the Customs Division has identified areas with challenges and willing to address …

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ECG not recruiting

The Electricity Company of Ghana (ECG) has described as fake, recruitment notices purported to be from the company which are making the rounds on social media. In a statement issued by the company on Tuesday, 16 January, ECG said: “We wish to state categorically that this announcement is false and …

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Ghanaian technology expert gets $15m to grow start-up

Now, six years later, it’s Ankumah who’s calling the shots from his office in Palo Alto, California. Ankumah started Nyansa in 2013 with Daniel Kan and Anand Srinivas, and the team released its networking analytics product Voyance in 2016. Voyance is a system that monitors wifi networks to make sure …

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Ghana discovers new mineral, Lithium

A new mineral, lithium has been discovered in Ghana, the Ghana Minerals Commission has confirmed to Biographyradioghana.com. The discovery was made in the Volta, Western and Ashanti regions. Chief Executive of the Minerals Commission Mr. Kwaku Addai Antwi Boasiako told Biographyradioghana.com that the discovery was made during a nationwide exploration …

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