Business News of Saturday, 20 December 2025Source: ghanaiantimes.com.ghThe Chief Executive Officer of the Ghana Chamber of Mines (GCM), Dr Ken Ashigbey, has called for broader stakeholder engagement on the proposed sliding-scale fiscal rule for the mining industry expected to be implemented in 2026. He cautioned that the policy, if implemented in its current form, could adversely affect the mining industry, particularly gold producers. Dr Ashigbey cautioned that the sliding-scale fiscal policy, if implemented as currently proposed, could be inimical to the sustainability of the mining industry, noting that Ghana’s effective average tax rate on mining was already high. “There has not been enough engagement on the sliding-scale fiscal policy with regards to gold as has been done with lithium,” he said. The CEO of GCM reiterated that sustained engagement with the mining industry players on the new fiscal policy remained critical.

Source: GhanaWeb December 21, 2025 03:47 UTC