The Minority in Parliament has sharply criticized the GoldBod Act, labeling it as anti-investor. They condemned the Act’s restriction on foreign investors in the gold trading sector, arguing that it is unconstitutional. In a letter to the Finance Minister, the Minority contended that Section 78(4) of the GoldBod Act violates Article 107(b) of the 1992 Constitution, as it retroactively revokes the accrued rights of foreign investors in the industry. Economic repercussions The letter also highlighted the potential economic repercussions of recent policies affecting the gold sector. Key demands The Minority called on the government to: Renew pending lease applications to…
Author: nkqwezi
The National Football League and the International Federation of American Football (IFAF) hosted a flag football coach education and officiating clinic in Accra, Ghana from April 11-13 — as part of the strategy to accelerate the development and growth of the game across the continent. The three-day flag football clinic welcomed coaches and officials from 10 African countries — Cameroon, Egypt, Ghana, Ivory Coast, Kenya, Morocco, Nigeria, South Africa, Tunisia and Uganda — joined by leaders from the global flag community to support learning and education. 50 participants received both classroom and on-field learning, as the clinic looked to improve…
The Ghana Armed Forces (GAF) have intensified the fight against illegal mining, locally known as galamsey, with a series of coordinated anti-galamsey operations conducted across the Northern, Central, and Southern Commands. According to the GAF, the surgical operations targeted major illegal mining hubs, specifically focusing on activities in forest reserves and river basins where environmental degradation has been most severe. Operation Breakdown: Northern Command: Troops were deployed to the Bole area and the Black Volta Basin, where illegal mining activities have been linked to the pollution of water bodies and destruction of farmlands. Central Command: The military targeted the Nkawie and Mankranso Forest…
The Minority Caucus in Parliament has called on the government to expedite efforts to reconstruct the Adum Market, which was recently gutted by fire. According to the Minority, the incident has severely affected the livelihoods of the traders, necessitating urgent government intervention. The fire, which broke out in the early hours of Friday, March 21, destroyed several shops and goods worth millions of Ghana cedis, leaving many traders devastated. The caucus, led by Minority Leader Alexander Afenyo-Markin, visited the affected traders on Monday, April 14, and donated 200,000 GHS to support them. They also appealed to the government to release…
In a decisive move to tighten oversight of Ghana’s artisanal and small-scale mining (ASM) gold trade, the Ghana Gold Board (GoldBod) has announced that all existing gold trading licenses issued by the Precious Minerals Marketing Company (PMMC) or the Minister for Mines—except those held by large-scale mining companies—are no longer valid. This new directive is grounded in the Ghana Gold Board Act (Act 1140), passed by Parliament on March 29 and assented to by the President on April 2, 2025. With immediate effect, GoldBod becomes the sole legal buyer, seller, assayer, and exporter of all gold produced by licensed ASM…
The Government has rejected Gold Fields’ application to extend its Damang Main Mining Lease, instructing the company to cease operations and vacate the site by April 18, 2025. The decision, communicated by the Minerals Commission, has cast uncertainty over the future of one of the country’s key gold mining operations. Gold Fields, a leading global gold producer, disclosed that the lease extension request was submitted in December 2024. Despite what it describes as “extensive engagement” with authorities and full compliance with all statutory requirements, the company says it was notified of the rejection and is now preparing to shut down…
Ghanaian rap superstar Michael Owusu Addo, popularly known as Sarkodie, has filed a lawsuit against Ecobank Ghana, accusing the financial institution of violating his intellectual property rights through the unauthorized use of his image or more specifically, the image of someone closely resembling him. The legal action, filed on March 25, 2025, claims that Ecobank used a lookalike in a promotional campaign, leading the public to believe Sarkodie had endorsed the bank’s services. According to the artiste, this act has caused confusion among fans and the general public, amounting to a misrepresentation of his brand and a breach of his…
Gabon’s military leader Gen Brice Oligui Nguema – who in 2023 led a coup that ended a near-60-year dynasty – has won Saturday’s presidential election with more than 90% of the vote, provisional results show. Ahead of the vote, critics argued that the new constitution and electoral code were designed to give Oligui Nguema a comfortable pathway to the top job. Some opposition heavyweights who could have posed a serious political challenge were excluded from the race. His election victory consolidates his grip on power, nearly two years after he masterminded the demise of President Ali Bongo, whose family had…
As excitement builds ahead of the much-anticipated CAF African Schools Football Championship Continental Finals in Ghana, CAF has confirmed African legends Asamoah Gyan and Clementine Toure as assistants for the Official Draw on Monday, 21 April in Accra. The CAF African Schools Football Championship, Ghana 2025 will take place in Accra between 23 – 26 April. Ghana’s Gyan and Toure from Cote d’Ivoire will be handed the responsibility of assisting with the draw of the third edition of Africa’s largest school’s football competition continental finals. Also present at the draw will be Abedi Pele, Adjoa Bayor (both Ghana), Robert Kidiaba…
The Achimota Circuit Court has granted bail to Mohammed Zakou, a New Patriotic Party (NPP) activist, who was arrested for allegedly spreading false information about the Vice President, Prof. Naana Jane Opoku-Agyemang. Zakou was arrested on Saturday, April 12, after making a Facebook post that read, “Rest Well Her Excellency”, accompanied by crying emojis. The post was interpreted by authorities as a false announcement of the Vice President’s death. Government communication had earlier confirmed that she had been unwell. As a result, Zakou was charged with communicating false news. According to a prosecutor from the National Intelligence Bureau (NIB), the…