Minority accuses Ibrahim Mahama of mining sector state capture - News Summed Up

Minority accuses Ibrahim Mahama of mining sector state capture


Politics of Wednesday, 18 March 2026Source: www.ghanaweb.comThe Minority in Parliament has accused businessman and brother of President John Dramani Mahama, Ibrahim Mahama,of orchestrating state capture in Ghana's mineral sector, warning that key mining assets and institutions are increasingly falling under his influence barely one year into the current administration. The Caucus highlighted several cases as evidence of a pattern centred around Ibrahim Mahama and his company, Engineers & Planners. The Minority pointed to the impending handover of the Damang Gold Mine from Gold Fields Ghana to the state, scheduled for April 2026 following the non-renewal of the lease and a one-year extension. The Minority argued that the uncertainty, combined with earlier inconsistent decisions on the lease, erodes investor confidence in a capital-intensive sector where predictability is essential. Previously held by Australian-linked companies including Azumah Resources Ghana Ltd and Upwest Resources, the assets were transferred to Engineers & Planners in September 2025.


Source: GhanaWeb March 19, 2026 10:44 UTC



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