Actis, a private equity real estate investor in sub-Saharan Africa, has signed a joint venture agreement with Mabani Holdings Ghana Limited, a leading real estate development company with a property portfolio in Ghana and West Africa.
An indigenous construction firm, Berock Ventures Ltd, has
taken its staff through a two-day training to enhance their capacity and ensure
that they continue to live up to their mission of quality and timely delivery
The Cocoa Processing Company (CPC) in Tema, in collaboration
with the Ghana Tourist Authority (GTA) and the Ghana Cocoa Board (COCOBOD), has
instituted a national project to educate
the public on the need to patronise locally manufactured chocolate and its
The Chief Executive Officer (CEO) of AngloGold Ashanti, Mr Mark Cutifani, has stated that the mining sector should be viewed as a development industry rather than an extractive one.
He deplored the manner in which the industry had been portrayed negatively especially by some sections of the African press and called on the media to project mining in a positive light since it had brought development to many African states.
Addressing participants on the last day of the African Mining Indaba conference, he said industry drivers must be the ones to change the world by being a development oriented industry.
His address was on the topic: “Mining’s Contribution to Sustainable Development.”
Mr Cutifani averred that South Africa had increased its connection to the national electricity grid by 80 per cent as a result of mining and that more low cost houses had been built in that country more than any other country in the world.
“There is the need for the mining community to re-define itself in the world through dialogue and be an industry that can proper deliver on its objectives,” he stressed, adding “we cannot wait for others to change the industry but ourselves.”
He challenged sector players to promote the industry to benefit even generations yet unborn.
According to the CEO the mining industry should be part of an approach of providing infrastructural development in its operating communities coupled with support for agriculture in areas that were agriculture based.
Mr Cutifani acknowledged the fact that mining companies had not paid attention to local communities within which they operated and which areas he said suffered the consequences of mining activities.
“There is a great gap between our operations and what we do for the communities,” Mr Cutifani said as he pointed out that the mining industry had a responsibility to provide roads, clean water and other amenities in their areas of operation.
The Founder of Goldfields, Dr Mamphela Ramphele,
has said the idea that economic and political elites can continue to capture
the benefits of mineral and natural resources is not only morally wrong but
bound to lead to civil conflict in Africa.
>>The Suame Magazine Industrial Development Organisation
(SMIDO) has launched a policy strategy dubbed ‘Suame Magazine Industrial
Development Fund’ (SMID Fund)to support
the development of product schemes for artisans at the industrial estate.
Officials of the Ghana National Petroleum Corporation (GNPC) have been deployed to Nkwanta North in the Volta Region to confirm if a liquid substance said to be oozing from a well is truly crude oil. Residents of the area are already jubilating over claims of oil find, Friday afternoon.
Frequent travellers within the business community, government circles and organisations who travel outside the country for serious business can now travel even on short notice by booking a private business jet within 24 hours of their travel.