Fiscal Regime Of Mining Sector In Ghana

  • GRA tightens fiscal regime for mining industry

    25-4-2019· The Ghana Revenue Authority (GRA) is confident of achieving its GHc45 billion tax target this year by stepping up efforts to boost revenue collection in the mining sector in what amounts to a significant tightening of the fiscal framework within which mining companies will operate henceforth.

  • Introduction Third World Network-Africa

    whether the mining sector’s fiscal regime presents opportunities for increased government revenue from the mining sector for Ghana. That, despite surgical mineral commodity prices, the contribution of the mining sector to the national economic is clearly not visible. Many have argued that the current state of the Ghanaian economy does not

  • New fiscal regime for mining sector soon Bawumia

    7-8-2018· 2018-08-07 Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President Dr. Mahamudu Bawumia has revealed.

  • Fiscal Regime Changes and Impact on Mining

    25-7-2018· We often complain the 10% is not enough and Ghana has nothing to show after mining for over 100 year but I will be quick to call for a holistic and comprehensive review of the existing fiscal regime of the industry and application of the royalty payments by the mining companies.

  • recent reforms in fiscal regime of mining sector in

    recent reforms in fiscal regime of mining sector in ghana. Tax Reforms & Revenue Mobilisation: A Case Study of the Mining Sector of Ghana . assess the impact of fiscal regimes in the mining sector in Ghana on revenue . a holistic review of the principle of ring-fencing and identifying new sources.

  • GHANA MINING VISION undp

    Table 1: Mining Fiscal Regime.. 21 Table 2: Ghana’s Mineral Revenue Distribution at a glance mining sector governance in Ghana and the injunction imposed by the AMV has been undertaken from a Social, Technological, Economic,

  • recent reforms in fiscal regime of mining sector

    recent reforms in fiscal regime of mining sector in ghana. Tax Reforms & Revenue Mobilisation: A Case Study of the Mining Sector of Ghana . assess the impact of fiscal regimes in the mining sector in Ghana on revenue . a holistic review of the principle of ring-fencing and identifying new sources.

  • GHANA MINING VISION undp

    Table 1: Mining Fiscal Regime.. 21 Table 2: Ghana’s Mineral Revenue Distribution at a glance mining sector governance in Ghana and the injunction imposed by the AMV has been undertaken from a Social, Technological, Economic,

  • New fiscal regime for mining sector soon

    6-8-2018· Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President revealed. Dr Mahamudu Bawumia gave an insight into the Akufo-Addo government’s approach to national development when he

  • fiscal regime of mining sector in ghana

    Aug 06, 2018 · New Fiscal Regime for Mining Sector Soon Vice President Bawumia. August 6, 2018. Share on Facebook. Tweet on Twitter. Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President of the Republic has revealed.

  • Taxation of mining companies in ghana

    1. 1 Legal Framework The Fiscal Regimes that regulate the sector in Ghana are: •The Minerals and Mining Act, 2006 (Act 703) as amended •The Internal Revenue Service Act,2000 (Act 592) as amended •The Internal Revenue Regulation, 2001 (L. I. 1675) •The Value Added Tax Act, 1998 (Act546) as amended. Conducting mining activities in Ghana

  • New Fiscal Regime for Mining Sector Soon Vice

    6-8-2018· Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President Dr. Mahamudu Bawumia has revealed.

  • Vice President Bawumia announces new fiscal

    Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President Dr. Mahamudu Bawumia has revealed. The paradigm shift in the thinking behind the utilisation of Ghana’s mineral resou

  • New fiscal regime for Mining sector soon Vice

    Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President, Dr. Mahamudu Bawumia has revealed. The paradigm shift in the thinking behind the utilisation of Ghana’s mineral resources would seek to ensure value addition to the

  • Gov't targeting new fiscal regime for the mining

    The government plans to introduce a new fiscal regime for the mining sector, Vice President Mahamudu Bawumia has said. The new laws and regulations are to ensure Ghana derives maximum benefit from the extraction of mineral resources, the Vice President said.

  • Standardize the fiscal regime Chamber of Mines

    17-11-2016· Mr Sulemanu Koney, the Chief Executive of the Ghana Chamber of Mines, has called on the government to standardize the fiscal regime for all mining companies to help boost their operations in the country. He said there should also be the removal of price stabilization margin on

  • New fiscal regime for mining sector soon

    6-8-2018· Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President revealed. Dr Mahamudu Bawumia gave an insight into the Akufo-Addo government’s approach to national development when he

  • New Fiscal Regime For Mining Sector Soon

    Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the

  • New fiscal regime for Mining sector soon Vice

    Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President, Dr. Mahamudu Bawumia has revealed. The paradigm shift in the thinking behind the utilisation of Ghana’s mineral resources would seek to ensure value addition to the

  • New fiscal regime for mining sector soon

    New fiscal regime for mining sector soon Bawumia Posted on August 8, 2018 by Josephine Nettey in Business Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the Vice President Dr. Mahamudu Bawumia has revealed.

  • Tight fiscal regime strangles mining sector—

    28-7-2015· He also chastised the fiscal regime in the mining sector for contributing to the declining exploration activities in the country, saying that most minning sector investors are often inundated with taxes. This, he explained scares them from chsoing Ghana into neigbouring countries.

  • FISCAL REGIME OF GHANA’S OIL AND GAS INDUSTRY: A PRE

    FISCAL REGIME OF GHANA’S OIL AND GAS INDUSTRY: right in choosing royalty tax system for the oil sector. There has been little scholarly work and publications done on this subject. The existing ones do not clearly analyze the right mix of fiscal policy for Ghana‟s oil and gas industry.

  • Government targeting new fiscal regime for the

    The government plans to introduce a new fiscal regime for the mining sector, Vice President Mahamudu Bawumia has said. The new laws and regulations are to ensure Ghana derives maximum benefit from the extraction of mineral resources, the Vice President said. Speaking at the 2018 Kuntum Festival in the Western Region, Dr. Bawumia said it []

  • New Fiscal Regime for Mining Sector Soon

    Government will soon introduce a new fiscal regime for the mining sector to ensure Ghana derives maximum benefit from the extraction of her mineral resources, the

  • ‘Tight fiscal regime strangles mining sector’

    29-7-2015· ‘Tight fiscal regime strangles mining sector’ The Chief Executive Officer of the Ghana Chamber of Mines, Mr Suleman Koney, has raised concerns over the declining nature of exploration activities in the country’s mining sector, explaining that the trend, if not checked, could translate into a decline in annual gold output.

  • Ghana Extractive Industries Transparency Initiative

    Historically Ghana is a mining country, EITI reporting has highlighted gaps in the way the extractive sector is managed, leading to changes to the fiscal regimes governing the sector such as the introduction of capital gains tax, higher ground rent and fixed royalty rates.