Chamber of Mines Refutes Claims of Low Mineral Retention

Els: MBN360 Extractives/Energy Ing. Kenneth Ashigbey, the Chief Executive Officer of the Ghana Chamber of Mines. Ghana Chamber of Mines has challenged the assertions made by Joe Jackson, CEO of Dalex Finance, regarding the alleged low retention of mineral wealth within the Ghanaian economy. This rebuttal follows a public discourse sparked by Mr. Jackson’s presentation, […]

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COMAC CEO Rejects Calls to Scrap BOST

Els: MBN360 Extractives/Energy Dr. Riverson Oppong, the Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), has signaled a major policy shift by rejecting calls to scrap the Bulk Oil Storage and Transportation (BOST) Company Limited. Dr. Oppong emphasized that BOST remains a vital pillar for national energy security and the successful implementation […]

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Fuel Prices To Reduce By Next Week

Els: MBN360 Government, Politics Government is to reduce fuel prices  by suspending some taxes on petroleum products by the next pricing window. The government announced a set of measures aimed at reducing fuel prices and stabilising transport fares following the effects the war in Iran is having on global oil prices and supply concerns. The measures […]

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12% Sliding-Scale Royalty Rate Places Ghana as Highest Rate in Africa

Els: MBN360 Extractives/Energy Ghana Gold Minerals The newly implemented sliding-scale royalty regime by the Government of Ghana which pegs royalties between 5%-12% rates, immediately distinguishes the nation as having the highest fiscal burden for extractive operators in Africa particularly at the 12% highest rate. Transitioning from a long-standing flat rate of 5%, this price-indexed model […]

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Damang Mine Takeover: Lands Minister Directs Minerals Commission to Adopt Tender Committee’s Report

Els: MBN360 Extractives/Energy inister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, has officially instructed the Minerals Commission to execute the necessary regulatory transitions to hand over the Damang Mining Lease to Engineers and Planners Ltd (E&P). This directive follows the formal submission and government upholds of the Tender Committee’s report, which identified E&P as the successful bidder […]

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Breaking the 51% Gap: CARP Ghana’s Rice Strategy

Els: MBN360 Agribusiness The perennial challenge of Ghana’s rice self-sufficiency has moved from a matter of agricultural policy to a high-stakes economic emergency as the Competitive African Rice Platform (CARP) Ghana launched a decisive three-year project aimed at dismantling the structural barriers that keep local rice from competing with cheaper, often lower-quality imports Funded by […]

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