In September, lawmakers passed legislation for the creation of the fund that will look to securitize future revenue from royalties to support Ghana’s developmental needs, Ofori-Atta said Thursday in a presentation of his budget proposals for 2019 in parliament in the capital, Accra. The fund will set up a special purpose vehicle and conduct an initial public offering through a dual-listing on the London Stock Exchange and the local bourse, he said.
Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
