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Ghana Gold Corp. Closes Acquisition of $5 Billion Gold Mining Property
NEW YORK, May 23, 2013 /PRNewswire/ -- Ghana Gold Corp. (OTCMarkets: GGCO) announced today that it has officially closed the acquisition of the $5 Billion Gold Property with World Sports Alliance Inter-Governmental ...(5/23/2013 8:00:00 AM) |
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Ghana central bank raises prime rate to 16 pct
ACCRA (Reuters) - Ghana's central bank raised its prime interest rate by one percentage point to 16 percent on Wednesday, citing potential inflation risks from a weakening cedi currency and high government spending. Central Bank Governor Henry Kofi Wampah said Wednesday's monetary policy committee also discussed risks to economic growth from lower commodity prices, weaker business and consumer ...(5/22/2013 9:49:23 AM) |
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Ghana Gold Corp. to Announce Material Information on Thursday, May 23 at 8am
NEW YORK, May 22, 2013 /PRNewswire/ -- Ghana Gold Corp. (OTCMarkets: GGCO) announced today that it will release Material Information on Thursday, May 23 at 8am. The information will be subsequently disclosed ...(5/22/2013 6:51:00 PM) |
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Ghana cabinet approves $1 bln Eurobond for July: finance minister
ACCRA (Reuters) - Ghana's cabinet has approved a Eurobond issue of up to $1 billion tentatively scheduled for July, Finance Minister Seth Terkper said on Thursday. "Based on anticipated market conditions and financing needs, a transaction size of up to $1 billion was recommended to, and approved by, cabinet," Terkper told reporters, adding that Citigroup and Barclays had been appointed lead ...(5/24/2013 2:31:28 AM) |
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Ghana hopes to shield economy from African oil curse
By Matthew Mpoke Bigg and Kwasi Kpodo ACCRA (Reuters) - Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse. Ghana is used to resource riches: it is already the world's number two cocoa producer and Africa's second-largest gold miner. But there are signs it is ...(5/21/2013 2:42:23 AM) |
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Ghana producer price inflation falls to 10.2 pct in April
ACCRA (Reuters) - Ghana's annual producer price inflation fell to 10.2 percent year-on-year in April from a revised 10.6 percent in March, the West African country's national statistics office said on Wednesday. Philomena Nyarko, acting government statistician, said the marginal decline was due mainly to lower gold prices in the global market during the period. "From the producer's perspective ...(5/22/2013 7:37:33 AM) |
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Ghana May Hold Key Rate as Inflation Climbs to Three-Year High
Ghana’s central bank will probably leave its benchmark interest rate unchanged for a fourth time as a weakening currency pushes inflation to a three-year high.(5/21/2013 4:13:38 AM) |
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Ghana plans up to $1 billion Eurobond in 2013
By Kwasi Kpodo ACCRA (Reuters) - Ghana plans a Eurobond worth up to $1 billion to refinance debt and fund infrastructure projects, its vice president said, adding to the list of developing countries tapping yield-hungry investors to bolster their economies. "We are looking at the best conditions including costs, and we will not do it until we're convinced it is the right time," Kwesi Amissah ...(5/15/2013 10:05:35 AM) |
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Ghana raises benchmark rate to 16%
The Bank of Ghana unexpectedly raised its benchmark interest rate by one percentage point to stabilize a weakening currency as inflation reached a three-year high, Bloomberg News reported. The policy rate was lifted to 16 per cent, Governor Kofi Wampah told reporters in Accra, on Wednesday. Five out of six economists surveyed by Bloomberg predicted... [Read More...](5/22/2013 8:43:51 PM) |
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Sundowns to tour Ghana
Football411.com can confirm that Premier Soccer League outfit Mamelodi Sundowns are set for a pre-season tour of Ghana.(5/23/2013 6:50:34 AM) |
| Source: Yahoo |
