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Monthly Archives: April 2023

New L.I for regulation of Mining in Ghana’s Forest reserves in force

The Liaison Group for Mining in Forest Reserves has successfully completed the conversion of the Environmental Guidelines for Mining in Forest Reserves into Legislative Instrument (L.I)to provide legal backing for the regulation of mining operations in Forest reserves in Ghana. The L.I, labeled, ’Environmental Protection (Mining in Forest Reserves Regulations, 2022, L.I 2462) was passed and came into force in ...

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Regional leaders appeal for extension of shaky ceasefire in Sudan

Taking advantage of relative calm, many residents in Khartoum and the neighbouring city of Omdurman emerged from their homes to seek food and water, lining up at bakeries or grocery stores, after days of being trapped inside by the fighting between the army and a rival paramilitary group. Some inspected shops or homes that had been destroyed or looted. People ...

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WHO launches new pandemic prevention plan, as COVID deaths fall 95 percent

The World Health Organization (WHO) on Wednesday launched a new initiative to help strengthen countries’ ability to plan for, and deal with, another deadly pandemic like COVID-19, as the latest figures show a huge fall in COVID deaths this year. The guidance provides a joined-up approach for responding to the threat or arrival of any respiratory pathogen such as flu or the ...

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Govt will protect Ghana’s forest reserves at all cost – Lands Minister

Lands and Natural Resources Minister, Samuel Abu Jinapor says the government is launching an aggressive campaign to conserve the country’s forest reserve. Mr. Jinapor claims that all attacks against the country’s forests will be met with resistance. His comment comes after Professor Kwabena Frimpong-Boateng’s damming report on galamsey in Ghana. Samuel Abu Jinapor says the Forestry Commission is up to ...

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Fitch downgrades Ghana’s sovereign debt to ‘Restrictive Default’

Fitch Ratings has downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. It has also downgraded to ‘CC’ from ‘CCC’ and subsequently withdrawn the issue ratings on five local-currency bonds issued prior to the domestic debt exchange. It affirmed the issue rating of local-currency bonds issued on the completion date of the domestic debt exchange at ...

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GES interdicts Fijai SHS headmaster over illegal fees

The Ghana Education Service(GES) has interdicted Mr. Kenneth Agbomodze, Headmaster of Fijai Senior High School with immediate effect over alleged illegal fees collection in the school. This was contained in a statement issued by the GES on Tuesday, April 18. He has been asked to hand over the administration of the school to the Western Regional Director of Education. The ...

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G7 urges warring factions in Sudan to ‘immediately’ halt fighting

G7 foreign ministers on Tuesday urged warring forces in Sudan to “end hostilities immediately” and return to negotiations, after clashes that have killed almost 200 people. A weeks-long power struggle exploded into deadly violence Saturday between the forces of two generals who seized power in a 2021 coup: Sudanese army chief Abdel Fattah al-Burhan and his deputy, Mohamed Hamdan Daglo, ...

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Fire incident at Ahafo South Mine laboratory brought under Control

A fire incident that occurred at the onsite laboratory at Newmont Africa’s Ahafo South mine on Sunday, 9th April, has been brought under control.  According to the mining giants, no fatalities or injuries were recorded. “We are relieved that the incident did not result in any injury or fatality to the workforce who remain our most important resource. Everyone is ...

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It’s going to be difficult to get IMF bailout by end of April – Bokpin

A Professor at the University of Ghana Business School (UGBS), Godfred Bokpin, says the global geopolitics is affecting “vulnerable” countries like Ghana, making the application for a bailout from the International Monetary Fund (IMF) difficult. Prof Bokpin said the West African nation needs assurances from its bilateral and multilateral partners before the IMF’s Executive Board can be convinced to approve the request for the ...

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Bondholders petition Akufo-Addo over non-payment of matured bonds

The coalition of Individual Bondholders Forum has petitioned President Nana Addo Dankwa Akufo-Addo over the non-payment of matured bonds that were not tendered under the Domestic Debt Exchange Programme. In a petition, the Coalition made up of the Ghana Individual Bondholders Forum and the Individual Bondholders Association of Ghana expressed sadness that despite several assurances by the government, it had ...

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