Audio By Carbonatix
AngloGold Ashanti says its Namibia sale in works will result in it cutting 430 jobs in Ghana.
Africa's top bullion producer, AngloGold Ashanti, is "trying to close a sale" for its small Navachab operation in Namibia and is cutting 430 jobs at its troubled Obuasi mine in Ghana, its chief executive said on Wednesday.
Srinivasan Venkatakrishnan told journalists on a conference call after the group reported a swing back into profit in the third quarter that it had consulted with organised labour over the job cuts in Ghana.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Time is right to change Man Utd formation – Amorim
2 seconds -
Akufo-Addo’s record not entirely negative despite economic challenges – Anyenini
3 minutes -
Dafeamekpor chairs Kenpong Travel’s 2026 World Cup Travels management team
36 minutes -
Group petitions OSP, EOCO,AG, over alleged unlawful role of unlicensed firm in GoldBod operations
1 hour -
Ghana in Praise 2026 set to open new year with national worship gathering
1 hour -
Keeping Ofori-Atta for 8 years was Akufo-Addo’s worst decision – Winston Amoah
2 hours -
Whose security? whose interest?: U.S. military action, Nigeria’s internal failure, and the dynamics of ECOWAS in West Africa
2 hours -
Abuakwa South MP names baby of 13-year-old teenage mother after First Lady
2 hours -
Police thwart robbery attempt at Afienya-Mataheko, 4 suspects dead
3 hours -
Don’t lower the bar because things were worse before – Kojo Yankson on Mahama gov’t
3 hours -
Jefferson Sackey rallies support for Dr. Bawumia
3 hours -
2024 elections helped stabilise Ghana’s democracy – Sulemana Braimah
3 hours -
Playback: 2025 Year in Review
4 hours -
Ghana’s crypto transactions hit $10bn by November – SEC
4 hours -
SEC says VASP law will protect investors, ensure market integrity
4 hours
