Ghana Increases Mining Levy, Establishes Gold Regulatory Board
We are proposing to increase the Growth & Sustainability Levy from 1% on the gross production of mining companies to 3%.
We are proposing to increase the Growth & Sustainability Levy from 1% on the gross production of mining companies to 3%.
Gold prices have steadied over the past week, showing signs of stability amidst recent geopolitical developments in the Middle East. There's a possibility that gold has attracted safe-haven investments since ...
Gold prices, driven by heightened geopolitical tensions and safe-haven demand, surged to all-time highs this April 2024, according to the latest World Bank report on precious metals. This rise marks ...
The 91-day and 182-day government securities failed to sustain last week’s upward movement closing the week under review marginally lower. The weekly 91-day instrument closed with the average yield rate ...
Gold prices traded higher over a weakened dollar in Friday’s trading session, raising investors’ appetite for the yellow metal in the process. The precious metal edged higher on the last ...
Ghana’s current account deficit has widened after registering a US$2.65 billion difference on a year-on-year basis (US$1.06bn in Q1 2020 to -US$3.71bn in Q1 2021), as gold prices declined quickly ...
Tanzania’s current account deficit is forecast to widen from an estimated 1.2 percent of GDP to 2.1 percent in 2021, according to Fitch Solutions. The current account deficit will widen ...
The Bank of Ghana has asserted that on the commodities market, price trends traded mixed in 2020, influenced by COVID-related global market conditions. Crude oil prices witnessed a year-to-date decline ...