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.
A senior Atomic Energy Commission official says the original schedule for a first plant can no longer be met, while an energy expert still sees a later target as reachable.
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Pinned summary · as of
Ghana is pressing ahead with preparations to add nuclear power to its electricity supply, holding talks with vendor countries and working with the International Atomic Energy Agency. What remains open is when a first plant could operate, how it would be paid for and which technology the country will choose.
Electricity costs make up between 20% and 30% of production costs for Ghanaian industry, according to Citi Newsroom, so decisions on new power sources reach factory prices and jobs. With thermal plants supplying a large share of power and hydropower largely tapped, households and businesses in Accra, Kumasi and elsewhere depend on how the country funds and sequences its next generation projects. The financial strain in the power sector adds weight to the question of whether Ghana can afford a nuclear plant.
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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.