7 h. ago How MIIF’s Gold Trade Program Became a Blueprint for Ghana’s Mining Investment Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-miifs-gold-trade-program-became-a-blueprint-for-ghanas-mining-investment-growth/The Minerals Income Investment Fund (MIIF) Ghana has emerged as one of the country’s most profitable and impactful state-owned enterprises in recent years, demonstrating how strategic commodity trading can drive national economic growth. Under the leadership of Edward Nana Yaw Koranteng, MIIF recorded over 100% profit growth in 2023, expanded its assets under management (AUM) […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-miifs-gold-trade-program-became-a-blueprint-for-ghanas-mining-investment-growth/

Politics

8 h. ago MIIF Ghana’s Gold Trade Program: A Case Study in Mining Investment Growth

The Minerals Income Investment Fund (MIIF) Ghana has emerged as one of the country’s most profitable and impactful state-owned enterprises in recent years, demonstrating how strategic commodity trading can drive national economic growth.

Politics

12 h. ago Ghana Pushes Gold Refining Expansion to Capture Export Value

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/At London’s GHIB CONVERGE conference, Bank of Ghana First Deputy Governor Dr. Zakari Mumuni championed plans to transform the nation’s gold sector. “Establishing refineries in Ghana presents a very good prospect,” he told banking and trade leaders, arguing that domestic processing would create jobs, improve trade balances, and retain more value from Africa’s top gold […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/

Politics

34 h. ago Sustainability of Ghana’s macroeconomic recovery hinges on elevated gold prices – Fitch Solutions

In its analysis of the Ghanaian economy, it said a substantial decline in gold prices would drive a sharp rebound in inflation. This will prompt the Bank of Ghana to maintain a tighter policy stance than currently anticipated.

Economics

39 h. ago Gold Retreats as Geopolitical Fears Ease, Trade Truce Extends

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-retreats-as-geopolitical-fears-ease-trade-truce-extends/Gold prices fell sharply yesterday, dipping below $3,400 per ounce as fading global risks weakened safe-haven demand. The decline follows a sustained rally driven by months of geopolitical tension and trade uncertainty. In a key development, the U.S. and China agreed to extend their tariff pause for 90 additional hours, averting a deadline escalation. Former […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-retreats-as-geopolitical-fears-ease-trade-truce-extends/

Politics

42 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

42 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

52 h. ago Ghana’s Economic Surge Faces Sustainability Test, Report Warns

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-surge-faces-sustainability-test-report-warns/Ghana’s economy shows dazzling short-term gains under President Mahama’s second-term administration, but a new mid-year review cautions these victories rest on shaky ground. The cedi’s unprecedented 42.6% surge against the dollar, inflation’s 10-point drop, and robust 5.3% first-quarter growth signal a “near-perfect turnaround,” according to EM Advisory’s analysis. Yet the report flags gold exports, IMF […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-surge-faces-sustainability-test-report-warns/

Events

63 h. ago Ghana’s Gold Strategy Boosts Reserves and Stabilizes Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/Ghana’s Domestic Gold Purchase Programme (DGPP) has fortified foreign reserves, steadied the exchange rate, and helped tame inflation, according to First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni. Speaking at the CNVERGE ’25 banking summit, he revealed the central bank bought 145.95 tonnes of gold since the program’s launch, with 86.77 tonnes […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/

Politics

64 h. ago Domestic Gold Purchase Programme: BoG’s reserves increase by 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by 100% within the past five months since June 2021.

Politics

64 h. ago Domestic Gold Purchase Programme: BoG’s reserves increased by 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by 100% within the past five months since June 2021.

Politics

64 h. ago Domestic Gold Purchase Programme: BoG’s reserves increased over 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by over 100% within the past five years.

Politics

64 h. ago Domestic Gold Purchase Programme has helped stabilise cedi, ease inflation – First Deputy Governor

First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says the Central Bank’s Gold Purchase Programme has been instrumental in stabilising the cedi and easing inflation in recent months.

Politics

3 d. ago BoG’s gold reserves increased by 4% to 34.40 tonnes in July 2025

The Bank of Ghana’s gold reserves increased by 4.09% month-on-month to 34.40 tonnes in July 2025. According to data from the Central Bank, the gold reserves have risen by 8.05% since the beginning of the year to 32.99 tonnes. It began in 2025 at 30.53 tonnes and increased to 30.62 tonnes on January 31, 2025. […]

Politics

3 d. ago Bank of Ghana Defends Gold for Oil Scheme Despite Heavy Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/Ghana’s central bank is standing by its controversial Gold for Oil (G4O) programme, portraying it as a vital economic lifeline despite racking up losses of GH¢2.14 billion. First Deputy Governor Dr. Zakari Mumuni offered a robust defence at London’s C’NVERGE 2025 conference, calling the initiative a crucial tool that secured affordable fuel, bypassed volatile currency […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/

Politics

4 d. ago Ghana Champions Gold Stars Draw Algerian Giants in CAF Champions League Debut

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-champions-gold-stars-draw-algerian-giants-in-caf-champions-league-debut/Newly crowned Ghana Premier League winners Bibiani Gold Stars will make their CAF Champions League debut against Algeria’s JS Kabylie in the preliminary round. The ambitious Ghanaian side, known as The Miners, secured their historic continental spot after clinching their first-ever domestic league title last season. Gold Stars will host the first leg in Bibiani […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-champions-gold-stars-draw-algerian-giants-in-caf-champions-league-debut/

Sport

4 d. ago Ghana Rolls Out Gold Coin to Anchor Savings and Curb Inflation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/Ghana’s central bank has unveiled a pioneering financial instrument designed to stabilize personal wealth and bolster monetary policy. The newly launched Ghana Gold Coin (GGC), announced by First Deputy Governor Dr. Zakari Mumuni at London’s CNVERGE ’25 summit, offers investors a high-purity, tangible asset amid economic uncertainty. This move signals a strategic shift for the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/

Economics

5 d. ago Ghana’s “Women’s Gold” Takes Global Stage at World Shea Expo in Tamale

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-womens-gold-takes-global-stage-at-world-shea-expo-in-tamale/Tamale prepares to become the epicenter of the global shea trade as Ghana hosts the landmark World Shea Expo 2025 from September 2–4. Over 8,000 producers, buyers, and policymakers will gather at the Modern City Hotel for what organizers call the most significant event in the sector’s history, squarely positioning shea as central to Ghana’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-womens-gold-takes-global-stage-at-world-shea-expo-in-tamale/

Politics

5 d. ago Asanko Gold mourns victims of helicopter crash, pays tribute to fallen public servants

Asanko Gold Ghana Ltd has expressed deep sorrow over the tragic military helicopter crash that claimed the lives of two cabinet ministers and six other public servants on Wednesday.

Events

8 d. ago BoG Governor urges banks to rethink lending strategy after policy rate cut

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to reassess their lending strategies in the wake of the central bank’s latest monetary policy decision aimed at revitalising the economy. Speaking at the Chartered Institute of Bankers Ghana’s post Monetary Policy Committee (MPC) roundtable discussion, Dr. Asiama said the […]

Events