The Municipal Chief Executive (MCE), for the Prestea Huni-Valley Municipal Assembly, Dr. Matthew Kofi Ayer has appealed to Parliament’s Select Committee on Sanitation and Water Resources to impress upon Zoomlion Ghana Limited to replace its broken-down skip truck to improve waste management operations in the municipality. The appeal was made when the Parliamentary Select Committee continued its nationwide oversight engagements in Bogoso to assess sanitation and water service delivery challenges across the country. The MCE expressed appreciation for the support extended to the municipality and commended Zoomlion Ghana Limited for its performance in waste management services within the area. I will not hesitate to demand the replacement of our broken-down truck because that is the engine of waste haulage,” he stated. Dr. Ayeh explained that the absence of the truck has forced the assembly to rely on private aboboyaa operators for waste transportation, a situation he said is placing ...
Chamber of Mines Disputes ‘20%’ Forex Repatriation Claim, Says Mining Sector Returns Majority of Export Proceeds
The Ghana Chamber of Mines has rejected claims that large-scale mining companies repatriate less than 20 per cent of their export proceeds to Ghana, describing the figure as “materially misleading” and incomplete. In a statement issued on May 2, the Chamber said the widely circulated statistic—attributed to the Chief Executive Officer of the Ghana Gold Board—fails to account for the full scope of foreign exchange inflows generated by the mining sector. According to the Chamber, the 20 per cent estimate is based solely on gold and foreign exchange sold directly to the Bank of Ghana, thereby capturing only one of the channels through which mining companies return export proceeds to the country. The cited statistic reflects only transactions with the Bank of Ghana and excludes substantial inflows through the commercial banking system. Consequently, it significantly understates the large-scale sector’s contribution to Ghana’s foreign exchange position,” the Chamber stated. The associ...