MP Agyare Slams Fiscal Projections (Queries $240m GoldBod Loss, Demands Budget Transparency)

Alexander Agyare, the MP for Kade and Vice Chairman of Parliament’s Budget Committee, has spoken out against how the government handles money, saying that it makes unrealistic revenue projections and doesn’t explain a supposed $240 million loss involving GoldBod and the Bank of Ghana. He said that the government has set even higher revenue goals…

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Parliament Cuts Mining Levy to 1% (Sliding-Scale Royalties Rise with Gold Prices Under New Law)

The Growth and Sustainability Levy, 2026, was passed by Parliament on March 13. It lowers the tax on mining companies’ gross production from three percent to one percent to help the industry after the Minerals and Mining Royalties Regulation was put in place. This regulation raises royalty payments when commodity prices rise on the international…

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Minority: New Mining Royalties Risk 1 Million Jobs (Calls for Levy Cut, Investor Safeguards)

The Minority in Parliament has said that Ghana could lose up to a million jobs if the Minerals and Mining Royalty Regulations, 2025, are passed. These rules set up a sliding-scale royalty system that changes rates based on international commodity prices. Patrick Boamah, the head of the Subsidiary Legislation Committee, warned that higher royalties could…

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