Ghana’s mining companies paid over GH¢24 billion in taxes in 2025, but nobody can clearly say how the money was used.
That is why the Ghana Chamber of Mines is pushing for a new law to manage mining money better.
The Chamber, led by its CEO Ing. Dr. Ken Ashigbey, wants government to pass a Minerals Revenue Management Act, just like the one Ghana already has for oil.
Under the proposal, part of the mining money would be saved for future generations, and another part would be used to support Ghanaian mining companies so they can grow.
Ashigbey made the call at a Civil Society Dialogue organised by the Natural Resource Governance Institute in partnership with the Chamber, under the theme “Ghana’s Mining Fiscal and Revenue Governance Architecture: Is Ghana Maximising Value from Its Mineral Wealth?”
He said the Chamber wants a balance where government, investors, and mining communities all benefit.
The Country Manager for the Natural Resource Governance Institute, Patrick Stephensen, backed the call.
He said Ghana must save a buffer from mining for tomorrow’s unforeseen challenges and properly manage its mining revenue to get the full benefits of its resources.
Story by Ama Frimpomaa
