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Ghana’s industrial gold output sees 6% increment in 2019

Industrial gold output from Ghana, Africa’s top producer of the precious metal, increased six per cent in 2019 from the previous year while small-scale gold production dropped 20 per cent, the Chamber of Mines said in its annual general meeting held last Friday.

Industrial mines produced 2.989 million ounces of gold in 2019, up from 2.808 million ounces in 2018, according to the annual report of the Chamber, Ghana’s main mining industry association.

The drop in production from the small-scale gold sector – to 1.588 million ounces from 1.984 million ounces in 2018 – could be partly attributable to a clampdown on illegal mining, Chamber of Mines President Eric Asubonteng told a virtual AGM.

The mining sector was the second-biggest contributor to government revenue in 2019. 

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Its fiscal contribution increased by 70 per cent to 4.02 billion Ghanaian cedis ($701.6 million), from 2.36 billion cedis ($411.9 million) in 2018.

Gold mining companies active in Ghana include Newmont, Gold Fields, Kinross, and AngloGold Ashanti, whose redeveloped Obuasi mine started producing in December.

Among bulk metals, manganese output increased by 18 per cent and bauxite by 10 per cent. 

Diamond production dropped by 41 per cent from 57,531 carats in 2018 to 33,789 carats in 2019.

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Ghana was the second-most popular destination for mining exploration investment in Africa in 2019.

While neighbouring Burkina Faso drew $132 million, Ghana saw $98.6 million invested in exploration, according to the report. Mali came third in Africa, attracting $91.9 million.

Chamber of Mines President Asubonteng said the COVID-19 pandemic was causing significant uncertainty and could trigger a reversal of investment flows into Ghana.

“We don’t know what lies ahead,” he added.

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National Service Authority goes cashless

The National Service Authority (NSA) has announced a mandatory transition to a cashless payment system.

This initiative aligns with the government’s drive to modernize revenue collection.

In a statement, NSA noted that effective immediately, all user agencies and stakeholders are directed to make all payments,

including the 20% and 10% administrative service charges, through the GHANA.GOV platform.

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This shift to digital payments offers greater transparency, convenience and accessibility for those working with the NSA.

By Edem Mensah-Tsotorme

Read the full statement below

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Greater Accra Regional Minister calls on traders to operate within designated spaces to ease congestion

The Greater Accra Regional Minister, Linda Obenewaa Akweley Ocloo, has called on traders in the city to operate within designated spaces to ease congestion and maintain cleanliness in market centres. 

Speaking with traders at the Kaneshie Market on February 4, 2025, during a tour of selected market centres to assess sanitation challenges, reinforce government commitment to address indiscriminate refuse disposal, and improve market conditions, the minister called for collaboration between traders and local authorities to address sanitation and maintain order.

She assured the new government’s commitment to addressing urban challenges and improving market conditions in Accra as part of its broader agenda for a cleaner city.

“We are here to engage you in a conversation about our mission to improve cleanliness in Greater Accra. We are taking into account the conditions of the roads, your problems, and your suggestions. Most walkways have been taken over by traders instead of serving their original purpose, which leads to traffic congestion. We want to understand your challenges so that we can find the best way to assist you,” the Minister stated.

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The Minister who was accompanied by officials from the Greater Accra Regional Coordinating Council ( GARCC) led by the Chief Director of the GARCC, Mrs. Lilian Baeka, some staff from the Accra Metropolitan Assembly(AMA) and other sister assemblies in the Region used the opportunity to enquire about the state of waste disposal within the market and the efficiency of refuse collection by the assemblies.

“Does it take long for the refuse to be collected after it is gathered? These are some of the issues we want to address,” she added, inviting traders to share their thoughts.

The President of the Greater Accra Markets Association, Mrs. Mercy Naa Afrowa Needjan who welcomed the minister, expressed gratitude for the visit and assured traders commitment to rally support behind her as a woman in leadership. 

”In the market, we face numerous challenges we wish to discuss. There are various groups of traders with some selling at the top, others beneath, while some can be relocated, others should be removed. However, we must follow due process to ensure that people’s livelihoods are not affected. She cannot do it alone, and we are ready to support her efforts,” she stated.

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She noted that efforts to regulate trading activities, especially on the Kaneshie overhead footbridge, had proven difficult despite continuous engagements with the police.

Madam Mercy Naa Afrowa Needjan identified street trading as a major concern, explaining that it had significantly affected business inside the main markets. 

“Our major problem is those selling outside. Because of them, the market is now dry. Almost everyone has moved onto the streets. They are our brothers and sisters, and we want them inside the market. There are a lot of vacant spaces they can occupy,” she said.

On sanitation, she remarked that significant progress had been made, stressing that previously, the Kaneshie market was associated with rubbish, but the story had changed for good.

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