Welcome to The Week in Focus on The High Street Journal, where we spotlight the top stories making waves this week. I’m Tatyana, and it’s great to have you with us. Let’s dive right in
The Ghana Gold Coin began sales this week. To those interested in investing in the Bank of Ghana Gold, make your 45,000 Cedis ready for 1 ounce, 23 thousand cedis for half an ounce, or 11 cedis for a quarter ounce. But… a finance expert is questioning the timing of this launch.
Folks, the Rastafarian Community, and others are not happy with the government. These groups are frustrated over the delays in licensing requirements that will approve their quest to enter into cultivation of industrial Indian Hemp, widely known as “weed” valued at 2.4 billion dollars.
After the back and forth, cool heads have now prevailed between Sunon Asogli and the Finance Ministry. The IPP resumed operations this week after about a month of shutdown. But hey, they have threatened to shut down again if the government fails to honour its obligations to them as agreed.
Despite the pomp and pageantry at the unveiling of the new Bank of Ghana headquarters, a new and interesting twist is developing. Bright Simons is alleging that the 250 million dollar edifice isn’t complete but at about 85% completion stage. He is calling for authorities to clarify the true state of the facility.
Do you know Ghana can still default on its loan repayment in the coming years despite the debt restructuring? An analysis by a finance expert which has been confirmed by Fitch indicates that the country is still at risk of debt default in the coming years.
And a major milestone in Ghana’s Aviation Sector as The High Street Journal can confirm that starting December 3rd, there will be a direct flight from London to the Ashanti Regional Capital Kumasi offering relief to travellers.
That’s all for this week’s edition of The Week in Focus. Don’t forget to like, share, and subscribe to stay updated with more impactful news.
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Thank you for watching, and have a wonderful weekend!
