GoldBod earns US$1.871 billion in September, beating its US$1.4 billion target
The Ghana Gold Board says most of the dollars went to commercial banks and the Bank of Ghana, and it now aims higher for October.
Auditors found 11 of 23 inspected gauges not working, while the Africa Centre for Energy Policy wants contractors and their owners named.
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Pinned summary · as of
The Auditor-General has found weaknesses in how the National Petroleum Authority (NPA) checked and paid for its Automatic Tank Gauging System, a fuel-monitoring scheme meant to cover 4,000 filling stations. The Africa Centre for Energy Policy (ACEP) used the findings at a media workshop to press the regulator for fuller disclosure on its service contracts.
Fuel monitoring systems are meant to protect motorists from short measures and to help the state collect the right taxes on petrol and diesel. If a large share of gauges is missing or faulty, drivers in Accra, Kumasi and Bolgatanga have less protection, and a large payment without solid verification raises questions about value for public money. ACEP's call to publish contracts, payment schedules and verification reports would let Ghanaians judge how the regulator spends.
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The Ghana Gold Board says most of the dollars went to commercial banks and the Bank of Ghana, and it now aims higher for October.
Visitors from Sierra Leone to Namibia came to learn how the Ghana Gold Board licenses, buys and regulates gold.
Education Minister Haruna Iddrisu says Cabinet, Parliament and the Finance Ministry must still clear the plan, and has urged affordable fees.
Shorter bills pay the least and 364-day paper the most, with the 91-day yield at 4.69% at auction.