1
MONDAY MARCH 8, 2021
BUSINESS24.COM.GH
NO. B24 / 168 | NEWS FOR BUSINESS LEADERS
MONDAY MARCH 8, 2021
Prez strikes optimistic note as nation turns 64
Golden Star says Wassa mine resource up by 1m ounces By Joshua Worlasi Amlanu macjosh1922@gmail.com
G
olden Star Resources (GSR), the gold mining company, has said a recent assessment of the Wassa underground mine has shown an 86 percent increase in measured mineral resource, demonstrating the improving geological confidence that has been delivered by recent infill drilling programmes. Cont’d on page 3
SONA on Tuesday By Nii Annerquaye Abbey abbeykwei@gmail.com
P
resident Nana AkufoAddo has stated that the fruits of the raft of policy measures being implemented by the government to battle the impact of the Covid-19 pandemic will begin to show after a year. The president, in his
speech to mark the country’s 64th Independence Day celebrations, explained that government’s Coronavirus Alleviation and Revitalisation of Enterprises Support (CARES) programme, which was announced last year to battle the effects of the pandemic, remains on course to deliver the needed results. “Government has taken
ECONOMIC INDICATORS EXCHANGE RATE (INT. RATE)
Business24 Limited. Copyright@2020 All Rights Reserved. Tel: +233 030 296 5297 Editor@thebusiness24online.net
POLICY RATE
14.5% 14.77%
OVERALL FISCAL DEFICIT
11.4% OF GDP
AVERAGE PETROL & DIESEL PRICE:
4.2% GHC 5.13
By Eugene Davis ugendavis@gmail.com
P
resident Nana Akufo-Addo will deliver the first State of the Nation address in his second term on Tuesday amid high expectations of a return to normality as the Covid-19 vaccination campaign enters its second week.
Cont’d on page 2 INTERNATIONAL MARKET
US$1 = GHC 5.7606
GHANA REFERENCE RATE PROJECTED GDP GROWTH RATE
steps to revitalise and transform the economy, a process which is hinged on the GH¢100bn Ghana CARES ‘Obaatampa’ Programme, the lynchpin of our drive towards the rapid industrial transformation of our economy, our main national priority.
BRENT CRUDE $/BARREL NATURAL GAS $/MILLION BTUS GOLD $/TROY OUNCE
Follow us online: $57.79 $2.6801,922.57 $1,836.62
CORN $/BUSHEL
$543.75
COCOA $/METRIC TON
$123.55
COFFEE $/POUND:
Cont’d on page 3
facebook.com/business24gh twitter.com/business24gh linkedin.com/pg/business24gh instagram.com/business24gh