Chamber of Mines Targets Mining Procurement To Boost Local Manufacturing
The Ghana Chamber of Mines is advocating stronger local manufacturing capacity and partnerships between domestic businesses and international suppliers to ensure that more of the value generated by the mining industry remains in the country. The Chamber says Ghana must move beyond relying on local companies as importers and distributors of mining supplies to building their capacity to manufacture equipment,…
Ghana risks fiscal crisis if gold prices collapse without revenue buffers – NRGI
Ghana risks serious fiscal pressure if international gold prices fall sharply, as the country lacks a dedicated stabilisation mechanism to cushion government revenue from fluctuations in mineral prices, the Natural Resource Governance Institute (NRGI) has warned. The Country Director of NRGI, Patrick Stephenson, said unlike the petroleum sector, which has a revenue management framework with stabilisation and heritage funds, Ghana…
Stanbic Bank Internal Control Unit supports Weep Not Child Foundation
The Internal Control unit of Stanbic Bank Ghana has supported the Weep Not Child Foundation at Ahwerease-Darmang, near Nsawam, with equipment and financial assistance to help improve the Foundation’s operations and support for children in its care. The donation, led by the Head of Internal Control, Paa Kwesi Simpson, was made under the team’s Employee Community Initiative, through which employees…
