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Top 10 Mining Companies in Ghana (2021)

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Ghana’s mining industry accounts for 5% of the total GDP in the country and the minerals export makes up 37% of the total country’s export. The gold industry is reported to contribute as much as 90% to the total mineral exports. This has made the main focus on the mining industry in the country to be set on gold.

Top 10 Mining Companies in Ghana

Top 10 Mining Companies in Ghana

The country is the largest producer of gold in Africa and also a major exporter of diamonds, manganese, and bauxite.

Mining Operation in Ghana

The bulk of the mining operation started in the ’90s, although the country had been exploring petroleum since the 19th century.

Mining operations in Ghana are mostly run by foreign countries, although the government has some stake in some of the companies and also own some out rightly. There are also some indigenous mining companies in Ghana, but they are mostly managed by expatriates.

In the past few years, the mining sector in the country has experienced huge growths, which also increased participation in the industry with many more players entering the ever competitive mining industry.

Ghana being the largest producer of gold on the continent has been a thriving ground for investors across Africa and the rest of the world.

Gold Mining In Ghana

Some of the largest gold mining companies in the world are sited in Ghana. Companies as Newmont, Gold Fields, Kinross Gold, and AngloGold are one of the largest employers of labour in the country.

This article will discuss the top 10 mining companies in Ghana.

1. Gold Fields Tarkwa Mine

This mine is considered to be the largest mine in Ghana. In the year 2017, they recorded an annual output of 566,400 ounces of gold. This was a slight decrement in what was recorded in the year 2016, which was 568,036. But nonetheless, the country has been the largest producer of the precious metal in the country since the year 2015.

2. Newmont-Akyem Mine

This is considered as the 2nd largest mine in the country and they have maintained the position since 2014. In 2017, Newmont recorded a total output of about 473,000 ounces of gold.

3. Newmont-Ahafo Mine

This is the 3rd largest mine in Ghana with most of its gold production coming from the surface mining operations. In the year 2017, they had an output of about 349,000 ounces of gold and according to reports from the company, the underground mining operation of the mine is yet to commence.

4. Adamus Resource

This is an Australian mining company with a branch in Ghana. They have their headquarters in West Perth, Australia. They own 90% of the Nzema Gold Project and the annual gold production of the company is about 100,000 ounces.

5. Anglo Ashanti Limited

In the year 2004, Anglo Gold and Ashanti Gold Mines Coop formed a merger to establish the Anglo Ashanti Ltd. The company also owns the Obuasi and Iduapriem mines and they have operations in more than 21 countries across the globe.

6. Ghana Manganese Company Ltd

This company is among the top producers of the mineral manganese in the world. It is a company jointly owned by the Ghanaian government and Consinim. The government reportedly owns 10% of the stake in the company while Consimin owns the remaining 90%.

They operate the largest deposit of manganese in the country, at the NsutaManganes Mine. The company at the same time has the mining right of an area that spans 175 kilometers around the Nsuta Region.

They have their headquarters in Turkwa, West Ghana.

7. Perseus Mining Ltd

This is another Australian mining company with operations in Ghana. They run the Edikan Gold Mine and they have produced, since the year 2012, over 200,000 ounces of gold.

8. Asanko Gold Mine

The Asanko gold mine operates mainly the surface mine operation and they are located within the Asankragwa belt. The company was established in the year 2016. In the year 2017, they made a total output of about 200,000 ounces of gold. They are however considered as the 7th largest gold mine in the country.

9. Abboso Gold Fields

The Abboso Gold Field operates as a surface mine and they are located in the Western Region of the country. In 2017 they had a total output of 143,586 ounces of gold. The company is currently carrying out a cutback project to discover high grades. As a result of the decline in its production level, the company is rated the 8th largest in Ghana.

10. Golden Star Mines

This mining company combines both underground and surface mining operations. The company reported a massive leap in production in the year 2017. According to reports, the total ounces of gold produced in 2017 was 130,331 compared to 89,673 ounces produced in 2016.

The company also reported that the increment they experienced in their output was as a result of production from the Prestea and Mampon deposits.

With the production level, the company is being rated as the 10th largest in Ghana.

11. Kinross

In the year 2017, Kinross Mine experienced a tremendous increase in their annual output as a result of the constant supply of energy from the national grid. They operate both the underground and surface grid and this resulted in the output level of about 246,027 ounces in the same year. They are currently rated as the 4th largest mine in Ghana.

12. Paramount Mining

They are involved in Diamond mining in Ghana. In the year 2006, they entered into a partnership with Leo Shield Exploration so they could get involved in the Osenase project, which reportedly covers a total area of about 330-kilometer square.

In that same year, they were able to mine a total number of 83 diamonds, which according to reports weighed about 660mg (3.3 Carats).

13. Kosmos Energy

Kosmos Energy is involved in the exploration of petroleum and they have operations in the West Cape Three Points Block with about 86.5% working interest in the exploration point.

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How to Start a TV Station in Ghana

Are you interested in starting a TV station in Ghana? Then you’ve come to the right place.

Starting a TV station in Ghana would prove to a profitable and viable business, especially if you’ve done the right research and if you’re determined and passionate about getting something meaningful out of the business.

There has been an increase in the number of people watching TV in Ghana, especially general TV stations that promote politics, local movies and other forms of entertainment. This makes owning a TV station a very lucrative business.

Unfortunately, starting a TV station is very capital intensive. Processes like getting a license, constructing and installing TV station equipment, and hiring staff all take up a big chunk of the capital.

But if you’d still want to go ahead and start your own TV station, then you can follow the steps below and get your TV station displayed in all Ghanaian homes.

How to Start a TV Station in Ghana

Decide What Your Station Will Be All About

Before you start anything, you will have to first decide the type of content that will be displayed on your TV station.

Sports TV stations focus on sports games, news, and the lifestyle of sportspeople. While, news channels focus on breaking news, interviews, and documentaries. Other channels include music channels, lifestyle channels, religion, and children channels.

Before settling for a choice, you should do thorough research on the industry. There are some channel types that are oversaturated and only lead to dead ends. However, there are several opportunities that are unexplored. You can easily take advantage of them and make a huge profit.

Write A Business Plan

A business plan makes things easier. With it, you will be able to monitor your progress, capital, profit, and losses. A business plan will also be required from you if you plan on getting sponsors to support your TV station business.

You can write the business plan for your business by yourself or get a professional or a lawyer to write it for you.

Get Your Capital

Capital refers to money (or other assets) used in starting of a company. As said earlier, starting a TV station in Ghana requires huge capital which you might not have. You can easily get capital from the government, banks, online lenders, local lenders, family, and friends.

To increase your chances of getting sponsors, you will need an impressive business plan and an excellent financial profile. Banks usually focus on these two things before deciding who and who not to give loans.

Government organizations, on the other hand, give out loans based on multiple merit systems. Unfortunately, it might take too long for you to get the right amount from the government.

Your best options are online lenders, crowdfunding campaigns, banks, and your family, and friends.

Get Licensed

Prior to starting your own TV station in Ghana, you will have to meet certain requirements as set by the National Communications Authority (NCA) of Ghana.

TV station operators are required to apply for a license or frequency authorization from the Authority before they can provide any broadcasting service to the general public.

Before applying, you should know how TV broadcasting authorizations are classified in Ghana so that you can choose the one that best suits you.

  • Digital Terrestrial Pay Television (Service Only)
  • Digital Terrestrial Pay Television (Service and frequency)
  • Digital Terrestrial Television (Network only)
  • Digital Terrestrial Free-to-Air Television Programme Channel
  • Digital Terrestrial Radio Service on TV Multiplex
  • Satellite Television Broadcasting (Pay TV Direct-to-Home Bouquet)
  • Satellite Television Broadcasting (Free-to-Air Direct-to-Home Bouquet)
  • Satellite Television Broadcasting (Free-to-Air Direct-to-Home Single Channel)
  • Digital Terrestrial Television Additional Services (eg. Teletext, etc)
  • Digital Terrestrial Mobile Television Service
  • Digital Cable Television (Pay TV)
  • Television over Internet Protocol (Pay TV)

After picking an option, you can go to any NCA office nearest to you to pick up the application form and make inquiries for the required documents and qualifications.

Install the TV Station Equipment and Office Space

TV station equipment takes the bulk of your capital. You can get them at a lesser price if you go for used items, but that will in no way benefit your business. If you’re on a tight budget or you’re looking for a way to save money for other operations, then you can go for used items on some parts of the TV station equipment.

Office space is where you store and install the equipment. It is also the place where your staff will work and handle all the TV operations.

Depending on the type of TV station you want to run. You will need a TV studio to talk shows, interviews, and read the news.

Hire the Right Staff

The type of people that work with you will determine how far your TV station business will go. So it is important that you hire only people that believe in your dream. Also, check for successful TV hosts, engineers, and technicians. These people have gained some kind of experience in the broadcasting industry and they will help promote your business.

Hiring the best staff is going to cost a lot of money, so instead of going cheap on the hands you hire, you can open your doors to interns and offer them allowances to work for your company. For you to attract the smartest interns, your company needs to look attractive.

Generally, interns aren’t looking for a huge pay, but in need of the experience. The more attractive your company looks, the more interested they will be in signing up for an internship there.

Be Creative

Once your TV station has been set up, you will have to populate it with interesting, entertaining and creative content so as to draw the attention of viewers. The more viewers your TV station has, the more attractive you will look to advertisers and third party content transmitting companies.

Advertising and third party content transmission are the two main ways through which TV stations make money in Ghana. These privileges are usually reserved for the top TV stations in the country and the amount you can charge for advertisements depend on the number of active viewers you have on your TV station.

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How to start an ECOM BRAND on a shoestring budget (2021)

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If you’ve ever wanted to start an Ecom Brand and you’re low on funds, you’d want to read this to the end and then take action.

Starting a brand can be expensive and not budget-friendly but what you’re about to learn is a less known secret to build a brand in 90 days or less and make your first 4-Figures selling.

ecommerce

Ready?

Let’s goooo

First action step

Research

Carefully find out what your ideal audience looks like what their disposable income is,  what their main problem is and which emotions of theirs is tied to the problem

Is it prestige/status?

Are they running away from pain?

Are they focused on the family?

Is it confidence?

Once you’ve identified it, use Google trends tool to see the search volumes and also to confirm if there’s already a competition for that market.

Once you’ve concluded that,  Go straight to Alibaba

Search for the product

Let’s say an epilator, for example, is your intended product

Look for the best sellers on there with enough reviews and credibility then reach out to them

Look for one with a sensible MOQ (minimum order quantity), then ask for free samples

Still here eh?

Cool!!!

Don’t act desperate

Just tell them you’d want to be sure of the product quality before you buy and that you actually do plan to buy now once that’s shipped to you.

Find a local photographer

Take amazing pictures of the product

Also, create a dope video (aesthetically pleasing audiovisuals)

Now we’re halfway through.

Proceed to Instagram then search hashtags related to your audience (that you already clearly know now right)

So assuming it was epilator, you’d choose the following hashtags

-beauty

-makeup

-epilator

-skincare etc

Once you’ve done that,

look for 5-10 active and engaged profiles reach out to them and strike a bargain

tell them you’re willing to send them a free product sample in exchange for a review on their page, more like a shoutout but it’s an agreement

Once that’s sorted,

Remember you already took amazing product photos eh?
post them on a carefully curated IG PAGE of yours

With your brand name in bio

A cool CTA (call to action like get yours here 👇🏽)

then a link to your virtual store (could be Shopify or Funnels)

so now you have products setup

a page already

amazing pictures and a deal with an influencer

once they get the products

what they’d be saying is

their audience can pre-order for the products if they love the review

Remember (you don’t want this to look like a sponsored ad)
What you’re looking for is to get enough data of your ideal audience

so the product shouldn’t be too pricey

just a sweet spot between marginal cost of production and a little bit of profit

when you’ve gotten 100-500 orders

which is possible if product is priced between $27-$47 you now have their data (of course Facebook pixel is installed)

This data will serve as your custom audience you can later retarget a LOOK ALIKE AUDIENCE from that

so you’ve made between $2700-$4700 at just 100 orders you can then use that to fulfill your orders by paying the manufacturer

then send an email to everyone who buys that

they get 50% off their next purchase if they post an amazing review on their page and tag your brand IG

so you now have extra social proof
I can bet with you, you’d have a solid brand raking in 4-5 figures in less than 90 days

if you found value in this

Share it out there

Join my free Facebook group

Copied from Abdul_Qawiyy’s Twitter page

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How To Start A Business In Ghana: Step By Step Guide

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The Ghana economy is making waves. The Ghana Government is doing the much they can to make it easier for both its citizens and foreigners to begin a business by ensuring easy business startup. This will even help speed up the growth of the country economy.

How to start a business in ghana
The Ghana government hope that most if not all of the youth in the country would be creative enough to come up with business ideas that would help support and promote the economy of the country. Foreign investors are not excluded. The entrepreneurs, both beginners and experienced are striving hard to grab these opportunities provided by the Ghana government to grow their business and create more wealth for themselves. Ghana has so many untapped business opportunities for entrepreneurs, all you need is the right resources and knowledge which will be provided to you in this article.

Listed below are some useful tips to help guide you on how to start a business in Ghana.

How To Start A Business In Ghana: Step By Step Guide

STEP 1: Get your Tax Identification Number (TIN)

Before you proceed with your company registration you need to get the Tax Identification Number. This is very essential. The TIN form is obtained for free and the number is made available within two days on average. You obtain the form either from the Registrar-Generals Department or the Ghana Revenue Authority. The form is obtained with your Identity card.

STEP 2: Check if your company name is available and submit company documents to obtain the certificate of incorporation

Form A can be picked up from the in-house bank. Filled forms can be submitted at the bank. The Registrar after examining the form issues business registration certificate as well as a certified true copy of the form to be submitted as an attachment.

The following information is required on the form :

  • Name of your company
  • The kind of business that you intend to engage in
  • Your Full names, your shareholders’ names, their addresses, their percentage shareholdings, their occupation, and any directorships in any other company
  • The Full names of the first directors of your company. A company must have a minimum of 2 directors and at least one director must be a Ghana resident, must be of sound mind and of legal age which is not younger than 21.
  • Your company secretary and auditors Full name and address
  • The company number of shares that is to be registered with and the stated capital
  • An attestation that the minimum nominal capital complies with the requirement that from a company 100% ownership, Ghanaian owned minimum nominal capital of at least GHC 500.

A form is filled at the Registrar General’s Department For tax purposes. After filling the form, Ghana Revenue Authority officials will assist in the generation of a Tax Identification Number for both the company and all the employees of the company to be registered.

You obtain your tax identification number (certificate) from the Registrar General’s Department on behalf of the incorporated company.  The company regulations, Four or five copies and Forms 3 and 4 are required.

Note:  The auditors, banks, solicitors, company secretaries may require a copy.

at the moment of document submission, A letter from an auditing firm must also be presented

STEP 3: The forms required for the certificate to start a business is validated by the Commissioner for Oaths

The Commissioner for Oaths, who is in charge of administering oat, usually swears the oath within a day to enable the company to acquire the certificate to start a business. The Registrar of Companies automatically registers new companies with the Internal Revenue Service (IRS).

STEP 4: Deposit paid in capital in an account

In other for you to deposit paid in capital in a bank account, you must present copies of these documents listed below:

  • Company regulations
  • Certificate of incorporation
  •  Certificate to commence business
  • Signatures of the authorized company representatives

 

STEP 5: Apply for your business licenses at the Metropolitan Authority

The business license which is also known as the Business Operating Permit (BOP) is the permit that would give the business owner the permission to start a business. It is important to obtain the license before running the business.failure to obtain the permit before starting the business would result in some issues with the metropolitan authorities. The type of business and the category it falls into will determine the cost to apply for a BOP at the Metropolitan Authorities. Documents to be submitted depending on the type of enterprise.

STEP 6: The Metropolitan Authority Inspects the work premises

the Metropolitan Assembly will allocate an officer to visit the business premises and report back the officer who in turn submits the report gotten to the sub-committee of the revenue mobilization of the Metropolitan Assembly. There will be meeting to deliberate on the report given by the officer and then they will recommend to the Executive Committee of the Metropolitan Authority if any adjustment is required.

STEP 7: Apply for social security

It is very imperative that all business owners should register themselves and their employees with the Social Security and National Investment Trust (SSNIT) to make contributions towards their retirement. To apply for social security, the company must attach the list of employees, how much they earn and their social security numbers, the company’s certificate of incorporation and certificate to commence business.

STEP 8: Business registration

The Companies Code 1963 (Act 179) is the law that regulates the formation of companies in Ghana. This, brought about the passing of laws to encourage foreign investments and replace old ones. One of such laws is the Ghana Investment Promotion Centre (GIPC).

Under Act 1994 (Act 478) investors are free to set up investment projects in all sectors of the country economy without asking for approval by the GIPC, but you get permission for the investment in mining and petroleum by the Commission and the Ministry of Mines and Energy gives approval for the Investments in the mining and petroleum sectors. The Free Zones are approved by the Ghana Free Zones Board investments. The portfolio investments are handled by Ghana Stock Exchange Foreign investors must meet the provisions of the investment act. And also the provisions of sector-specific laws.

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How to Become a Fashion Designer in Ghana (2021)

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The steps to becoming a fashion designer in Ghana are similar to that of most professional courses. You will have to get educated, learn and possess a set of skills and set yourself apart from the multitude of fashion designers in Ghana trying to make a name for themselves in the industry.

The fashion industry is one of the most competitive fields in Ghana and the world. So to become successful, you will need to be more than an artistic and creative designer. You’ll have to possess the right listening and decision-making skills that will give you an edge over other fashion designers.

How to Become a Fashion Designer in Ghana

fashion designer in ghana

We are going to take you through the steps you should take if you want to become a fashion designer in Ghana.

Confirm that Fashion Design is Your Calling

Fashion design isn’t a means of employment, it is more of an art and it requires that you possess extreme artistic and creative skills before you can break into the industry.

This is why you should only opt for fashion design if you have the talent or zeal for it, as you’ll require them to excel in the industry.

Choose a Niche

Fashion design is very broad and there are several areas of specialization that could suit your skills. You could be a footwear designer, menswear designer, womenswear designer, children fashion designer or accessories designer. There are other careers in the fashion industry apart from that of a designer.

They include

  • Fashion Writer/Journalist
  • Fashion Merchandising
  • Patent Making and Product Management
  • Fashion Public Relations
  • Personal Stylist
  • Fashion Stylist
  • Fashion Illustrator
  • Fashion Consultant
  • Garment Technologist
  • Fashion Photography

Go For A Fashion Design Course

The best way to become a fashion designer is to pursue a professional course in fashion design. However, there are other ways to become a fashion designer. You could join a fashion design company or become an apprentice for a fashion designer. This way you’ll get all the necessary skills and access to the important equipment that aids fashion designers in their art.

Back to studying a professional course. Pursuing a course in fashion design is the best option to consider if you can afford it. This way you can easily meet up with other like-minded fashion designers, professionals and get access to the latest tools in fashion design.

To study fashion design, you must not have to go to college. In fact, many universities don’t give much focus to fashion design so you wouldn’t be learning from the best or using the latest equipment in fashion design if you opt for these colleges.

There are only a few fashion design schools in Ghana that take fashion design really seriously. These schools offer short and long courses with flexible payment and study schedules that should suit the lifestyle of the student.

Below are some of the fashion design courses in Ghana

  • Undergraduate Degree – Bachelor of Science in Fashion Design
  • Certificate Program – Cert
  • Diploma – Professional Diploma in Fashion Design, Diploma in Textile and Fashion Design
  • Professional Certificate Courses – like Professional Certificate in Fashion Design and Creation, Professional Certificate in Textile Design, and Professional Certificate in Garment Construction.

Get the Necessary Skills

There are several skills a fashion designer must possess if they want to stand out from the crowd. While being creative and artistic or having the gift is important, the skills below will help you go farther than most in the fashion industry.

  • Drawing Skills: To be a successful fashion designer, you must know how to express your art and how to put your ideas on paper. Strong drawing skills help make your ideas clearer and easier to create in reality. Without this skill, it could be difficult for you to become a renowned fashion designer.
  • Visualization Skills: This aids your drawing skills and helps you perfect your craft. With strong visualization skills, you can easily invent new ideas and bring these ideas to life.
  • Communication and Interpersonal Skills: As a fashion designer, you’ll have to collaborate with colleagues and clients. To do this perfectly, you will have to develop excellent communication and interpersonal skills
  • Business and Negotiation Skills: Whatever you do it for fun, fame or money, you’ll have to learn business skills to succeed. These skills will help you to further your career and to run a successful fashion business. You can get these skills by taking a Master’s degree in Business and Management.
  • Confidence: While this isn’t much of a skill, it is really important. The fashion industry is not a place for the faint of heart. You will have to develop high self-esteem and be confident in your art.
  • Ability to Develop New Ideas: The most successful fashion designers in Ghana are the most competitive ones. They are trendsetters, leading the flock and taking the bulk of the gains. If you want to become one of the best, you’ll have to be competitive and develop new ideas that are generally acceptable.

Get Connected

As a fashion designer, you should have as many contacts as possible. Some of these contacts could recommend you in the future while others would employ you for your services. Look out for paid and unpaid internships. Always perform your best in whatever occasion you find yourself.

Also, try out as many fashion competitions as you can. Whether you win or not, you can add them to your portfolio and build your value as a fashion designer.

Fashion Design Schools In Ghana

There are several fashion design schools in Ghana that offer exceptional services. These schools are quite affordable and offer the best teaching services while providing you access to the latest tools in fashion design.

Some of the best fashion design schools in Ghana include

  • School of Fashion and Design Ghana
  • Riohs Originate
  • 2nd Image International
  • BlueCrest School of Fashion and Design
  • Libelt School of Fashion
  • Abbi Creation of Fashion
  • Joyce Ababio College of Creative Design
  • Afra K Fashion School

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