Curbing Ghana’s Exports of Raw Gold….Ghana GoldBod-SAM Refinery,Dubai Join Hands

Ghana’s GoldBod and SAM Precious Metals,Dubai,UAE, headquartered  premier precious metals refinery are joining hands in order to position  Ghana as a gold processing hub This was disclosed by Sammy Gyamfi,CEO,Ghana GoldBod during a recent interview with Joy News’ PM Business Edition  interview in Accra Mr.Gymafi,Joy News said  was emphatic that this is part of a broader push to end the export of raw minerals and also  adding  that, the shift from exporting raw gold to refined products is already underway. “We are going to be decreasing the quantity of raw…

Leveraging Africa’s Gold/Mineral Reserves for Economic Independence

Aurum Elite Bullion LLC Leads the Charge Story: Mohammed A. Abu Africa holds roughly 30% of the world’s mineral reserves, including 40% of its gold and up to 90% of chromium and platinum. The continent  is a global powerhouse for resources, containing 65% of the world’s arable land, 10% of its oil, and significant deposits of cobalt, diamonds, and uranium, making it essential to global supply chains. Against this backdrop,governments of African countries need sober reflection over the thorny issue of  political independence minus  economic independence complicated  by ever rising public…

Upbeats on Non-Interest Banking & Finance in Ghana: Inputs of SEC and NIC Due Soon

Report: Mohammed A. Abu The Special Advisor to the Governor of Bank of Ghana on Non-Interest Banking and finance Prof John Gartchie Gatsi,has disclosed that the Securities Exchange Commission(SEC ) and National Insurance Commission(NIC) have gone very far regarding sukuk and Takaful Guidelines expected to be out, between March-April, 2026. Prof Gasti therefore  advised potential local and foreign  parties interested in rendering services relating to sukuk (non-interest bond) and Takaful (non-interest insurance) to rather  consider engaging directly SEC and NIC and not the Bank of Ghana. The two institutions, he…

Boosting Dagbon’s emerging Organic Farming Paradigm…Ntiligira Enterprise Leads the Charge

By: Mohammed A.Abu Dagbon’s Maiden Convention and Home Coming event has since taken off with debates in Tamale and Yendi that had preceded the official launch in Tamale and now scheduled to be rounded off on December, 27, with a grand durbar in Yendi, the seat of Kingship. One of the main objectives being to institutionalize yearly convergence of Dagbamba to among other things discuss the development agenda of Dagbon is no doubt going to be one of the major takeaways. Dagbon,Northern region’s, local economy has been agrarian driven for…

Factoring Clay Bricks and its Allies into Ghana’s Green Buildings Transition

BITMOG Leads the Charge By: Mohammed A. Abu Background Once upon a time, there was this deliberate first Republican government policy to boost the use of bricks for many national projects by constructing at least 1 brick factory in each region for mass production of bricks for housing construction was a laudable initiative. This, then government of the day’s pragmatic action had come on the back of the use of burnt clay bricks and its allies in building construction long before Ghana’s independence as could be seen in many old…

Making an Input into Ghana’s Circular Economy Drive

Tahir Field Recycling Turns “Dirty Oil” into Goodies By: Mohammed A. Abu Ghana is actively transitioning from the wasteful, take-make-use-waste-discard linear economy to a circular (resources use efficiency oriented) economy through policies like the National Plastic Management Policy. Key initiatives include developing Circular Economy Centres and Hubs for technical training and business incubation, supported by organizations like the UNIDO, UNDP and the European Union. These efforts aim to reduce waste and pollution, promote resource efficiency, and ensure a just transition that includes women and youth in economic opportunities. Circular economy principles appreciates waste in…

Maximizing Gold Mining Benefits and the GoldBod Idea in Ghana

Interview Story: By Mohammed A.Abu Hari Iyer, Chief Executive Officer(CEO) and Managing Director(MD) of the Sakthi Tading Group, a prominent international gold trade industry player, has noted that, a strict eco-friendly or sustainable mining regime is crucial for Ghana to address the significant socio-ecological costs of gold mining, such as deforestation, water pollution, and soil degradation. By adopting sustainable practices, Mr. Iyer intimates, Ghana can protect the environment, ensure long-term economic sustainability, and improve community welfare. A focus on responsible mining he contends, will enhance global competitiveness, attract ethical market…

Combating Africa,3rd World Debt Burden

Story: Mohammed A. Abu Mr. Sohaili Ahmed Zubairi, a globally renowned Islamic Banking and Finance(IBF) and Shariah Consultant, who is also a former Advisor to the Dubai Federal government on Islamic economy, has said that, the current age-old debt initiation system has completely failed. That is, in providing the economic relief to the people whose countries borrow money from development financial institutions (DFIs). This outdated method Mr. Sohail intimates, needs to be replaced by a disruptive approach with the help of technology which should work inversely than initiating debt and…

Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

Dubai’s tourism sector has been on a remarkable trajectory, marking an 11 per cent increase in international overnight visitors in Q1 2024, with 5.18 million visitors gracing the emirate’s shores. This surge follows a record-breaking year in 2023, where Dubai welcomed an unprecedented 17.15 million international overnight visitors, firmly establishing itself as a global tourism powerhouse. Dubai’s success story isn’t just confined to numbers; it’s a testament to the city’s diversified approach, tailored strategies, and activities across more than 80 markets. This approach has maintained Dubai’s status as the destination…

‘Nigeria spends $600m annually on palm oil importation’

The National Palm Produce Association of Nigeria (NPPAN) has revealed that Nigeria spends $600 million annually on  palm oil oil importation. This was stated by Mr Alphonsus Inyang, the National President of the association, in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. Inyang criticised these expenses as detrimental to national development, suggesting that the funds could be better utilised within the economy if the  palm oil oil sub-sector received adequate attention from successive governments He highlighted Nigeria’s historical self-sufficiency in palm oil production, contrasting it with the current situation where…