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    VEPEAG, GAVEX partner to boost vegetable production, exports in Ghana

    VADUG members resist implementation of Customs Amendment Act

    Cost of credit to further go up as Bank of Ghana raises policy rate to 22%

    Emergency MPC meeting: Goldman Sachs projects 200 basis points hike in policy rate

    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

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    Accra, GHANA: A woman holds 03 July 2007 in Accra a wad new currency, the new cedi, that Ghana put in circulation that day, although the old money will still be valid until the end of the year. Currently, the cedi is one of the least valued currencies in Africa: 9000 cedis equal one US dollar.   Ernest Addison, head of research at the Bank of Ghana, assured in November 2006 that the changeover was not a revaluation nor devaluation, and will not affect foreign exchange.  AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)

    Local currency crosses ¢10 to one dollar mark on retail market

    VEPEAG, GAVEX partner to boost vegetable production, exports in Ghana

    VADUG members resist implementation of Customs Amendment Act

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Cost of credit to further go up as Bank of Ghana raises policy rate to 22%

    PURC justifies upward review of utility tariffs

    Emergency MPC meeting: Goldman Sachs projects 200 basis points hike in policy rate

    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

    BoG, UG partner to improve research in Ghana’s financial sector

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    VEPEAG, GAVEX partner to boost vegetable production, exports in Ghana

    VADUG members resist implementation of Customs Amendment Act

    Cost of credit to further go up as Bank of Ghana raises policy rate to 22%

    Emergency MPC meeting: Goldman Sachs projects 200 basis points hike in policy rate

    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

    BoG, UG partner to improve research in Ghana’s financial sector

    BoG, EOCO deepen collaboration to build robust financial sector

    Cedi Depreciation: Government urged to enforce laws on pricing in dollars

    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

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    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

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    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

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    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

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    Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns

    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

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Newmont Ghana donates to Otumfuo’s Charity Foundation

bycitibusinessnews
July 7, 2014
in Business
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The CEO of Newmont Mining Corporation, Gary Goldberg has lauded the Asantehene, Otumfuo Osei Tutu II,for his commitment towards the development of his people in Asanteman and Ghana as a whole.

Mr. Goldberg made the observations when he paid a courtesy call on the Asantehene during a recent working visit to Ghana. The visit to Manhyia was to congratulate the overlord of Asanteman on his fifteenth anniversary on the golden stool, and also to introduce the new Regional Senior Vice President of Newmont Africa Operations, Johan Ferreira to him.

Gary Goldberg stated that the company had recognized the efforts of Otumfuo’s Charity Foundation which provides support for the development of his people and the country through Education, Health, Culture, and the Environment. He expressed gratitude to Otumfuo for his support towards the operations of Newmont Ghana’s Ahafo Mine (which falls within his jurisdiction) since it commenced operations in 2006.

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On behalf of Newmont Ghana Gold Ltd, the  Regional Senior Vice President of the company, Johan Ferreira donated GH¢ 30,000 to the Otumfuo Charity Foundation and an additional GH¢ 20, 000 to support the celebration of Otumfuo’s fifteenth anniversary on the golden stool.Newmont Ghana alsomakes annual contributions to the Otumfuo Osei Tutu II charity foundation to support social development in the Asante kingdom.

Mr. Ferreira commended the Asantehene for instituting initiatives in education, health and other areas to complement the development efforts of the government.He said sustainable developmentwas key to the country’s success and Otumfuo’s lead in that regard is most commendable. He added that Newmont’s commitment to sustainable development in its host communities was in line with Otumfuo’s effort and it was therefore proper for the company to support Otumfuo’s Charity Foundation.

The Asantehene, on his part thanked Mr. Goldberg and the Newmont delegation for the donation and admonished the company to maintain the cordial working relationship it enjoys with the Ahafo communities and ensure a closer collaboration with traditional authorities to develop the area.

Other members of Newmont Ghana’s delegation that   called on the Asantehene included Mr. Saarah Mensah, Board Chair of Newmont Ahafo Development Foundation and Mr. Kojo Bedu-Addo, Manager, Social Responsibility of Newmont Ghana’s Ahafo Mine, Mr. Randy Barnes, Regional Vice President, Sustainability and External Relations, Susan Keefe and Aaron Cohn.

 

Credit: Newmont

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