Ghana's Chamber of Mines warns that proposed tax and royalty changes could deter investment and slow mining output.

While supporting a sliding‑scale royalty system that boosts state revenue at higher gold prices, the chamber says the current plan would push Ghana up the global tax curve, risking stalled projects and job losses. The warning follows government plans to double royalties and introduce long-term investment stability agreements amid rising gold prices.

Thami Ngubeni spoke to Dr Kenneth Ashigbey, Chief Executive Officer (CEO) of the Ghana Chamber of Mines.

Ghana's Chamber of Mines warns that proposed tax and royalty changes could deter investment and slow mining output.
While supporting a sliding‑scale royalty system that boosts state revenue at higher gold prices, the chamber says the current plan would push Ghana up the global tax curve, risking stalled projects and job losses. The warning follows government plans to double royalties and introduce long-term investment stability agreements amid rising gold prices.
Thami Ngubeni spoke to Dr Kenneth Ashigbey, Chief Executive Officer (CEO) of the Ghana Chamber of Mines.

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