large and small-scale miners

$2.3bn Lost To Galamsey In 2016

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An estimated $2.3billion worth of gold left the shores of Ghana through illicit small-scale mining (galamsey) in 2016, Minister of Lands and Natural Resources, John Peter Amewu has revealed. “As I speak today, in the year 2016, $2.3billion worth of gold left this country through illicit mining,” Mr Amewu told journalists on Monday, 27 March. … Read more

BoG Moves To Further Strengthen Cedi Defenses

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The Bank of Ghana, working with the Ghana Community Network Services Limited (GCNet), is putting measures in place to further strengthen the existing export monitoring platform to ensure the repatriation of all export receipts into the country. The central bank is seeking to incorporate the Letter of Commitment (LOC) number as part of the swift … Read more