In a major shift in Ghana’s mining landscape, China’s Zijin Mining Group has officially completed its acquisition of the Akyem Gold Mine from Newmont Corporation. The deal, finalized on April 16, 2025, saw Zijin pay an initial $900 million in cash, with the remaining $100 million unlocked following the Ghanaian Parliament’s ratification of the Akyem […]
In a significant blow to illegal cross-border trade, the Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), supported by national security, seized 100 bags of cocoa beans at Old Akrade. The suspects attempted to bypass heavy security at the Adomi Bridge tollbooths by concealing the beans under a load of chippings in a tipper […]
The Paramount Chief of Kwahu, Daasebre Akuamoah Agyapong II, has resigned as the Board Chairman of the Agricultural Development Bank (ADB) PLC. The resignation, which took place in late 2024, followed a formal directive from the Bank of Ghana (BoG). The central bank invoked Section 103(2)(d) of the Banks and Specialised Deposit-Taking Institutions Act, 2016, […]