Rocketing inflation in Ghana has forced a supersized 2.5% rate hike by the central bank to a 19-year high of 27%, in its meeting yesterday. October retail inflation reached 40.4%, over 4 times the cou...
Tag: GoldforOil
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation – Featured Bitcoin News
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their...