Tag: gold exports

Fitch Solutions, along with Absa Bank, had initially forecasted that the Ghanaian cedi would close 2025 at GHS 15 to the US dollar. However, in a recent revision, Fitch has ...

Some economists and politicians have argued that the stability of the Ghanaian cedi relies more on external factors than on any significant government policy.  As a result, they believe it ...

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has lauded the exceptional performance of the Ghanaian cedi, attributing its emergence as the world’s best-performing currency in 2025 to fiscal discipline and ...

Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC), has argued that attributing the recent strengthening of the cedi solely to Ghana’s gold reserves is misleading—if not ...

Ghana’s Parliament has officially passed the GoldBod Bill, a landmark legislation aimed at transforming the country’s gold industry by regulating operations, stabilizing the cedi, and maximising revenues from gold exports. ...

We are proposing to increase the Growth & Sustainability Levy from 1% on the gross production of mining companies to 3%.

Ghana's economy has shown a marked improvement in its trade balance, recording a substantial trade surplus of GH¢3.9 billion in the third quarter of 2024. This represents a stark contrast ...

Ghana's gold export industry is poised for a remarkable year, with projections indicating that the country's gold exports could reach an unprecedented US$10 billion by the end of 2024. This ...

The total value of the country’s exports rose from US$1,327.2 million in January 2021 to US$2,542.6million in February 2021.  This represents a 48 percentage point increment in the total value ...

The year 2020 was a boom period for gold as price of the commodity surged while oil prices were on the downside, but the reverse is playing out this year. ...