Ghana Must Mine Our Gold And Other Minerals.

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PAA KWESI 12 years ago

what an idea, please write a strong letter to the president JOHN MAHAMA. like our first PRESIDENT KWAME NKRUMAH said before that a blackman is capable of managing it's OWN affairs. i support you 100%. please let all the autho ...
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what an idea, please write a strong letter to the president JOHN MAHAMA. like our first PRESIDENT KWAME NKRUMAH said before that a blackman is capable of managing it's OWN affairs. i support you 100%. please let all the authorities know about this in GHANA AS WELL AS THE WHOLE OF AFRICA.GOOD JOB MEN.
Canada 12 years ago

Smartest article I've ever seen on this site.

Smartest article I've ever seen on this site.
Ohene Black Panther 12 years ago

best article yet on this website hopefully someone with enough sense and care for Ghana will do the right things.

best article yet on this website hopefully someone with enough sense and care for Ghana will do the right things.
KUMI 12 years ago

Believe me, all the gold goes out of Ghana. They do not pay tax. The tax obligation starts after a certain year and they make sure they register the company in a different name before the time is due. And by that deny Ghana f ...
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Believe me, all the gold goes out of Ghana. They do not pay tax. The tax obligation starts after a certain year and they make sure they register the company in a different name before the time is due. And by that deny Ghana from the taxes. Our own people are helping them.
Ghanaian 12 years ago

Please ask all these polititians to reply to this article so we know where they stand on this issue. They are all part and parcel of Africa's problems. If you were to ask me, I will say they know the right thing to do but the ...
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Please ask all these polititians to reply to this article so we know where they stand on this issue. They are all part and parcel of Africa's problems. If you were to ask me, I will say they know the right thing to do but they are blind because of corruption and selfishness. Keep up the good work.
Kwesi Brenu Akyinim 12 years ago

In Botswana it's 50/50 deal to the foreign miners.

In Botswana it's 50/50 deal to the foreign miners.
kusi 12 years ago

My bro if dont know thief kuffour and sam jonah sold AGC THE ONLY African miners to Anglogold of south Afica go and find out.

My bro if dont know thief kuffour and sam jonah sold AGC THE ONLY African miners to Anglogold of south Afica go and find out.
LISTOWELL ROBERT 12 years ago

Mr president, we thank you for your brave comments today,i hope ghanians must foccus their attention on the next generation to come.

Mr president, we thank you for your brave comments today,i hope ghanians must foccus their attention on the next generation to come.
Mystic 12 years ago

The space and time here is never enough to handle very sensitive issues such as mining. Most Ghanains always talk about mining only when we see the gold and the oil coming out of the ground. The main issue is never the mining ...
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The space and time here is never enough to handle very sensitive issues such as mining. Most Ghanains always talk about mining only when we see the gold and the oil coming out of the ground. The main issue is never the mining of the ore but the processes before you get to mining. We are are unable to solve simple waste management problems because we do not have money to finance waste segregation and 'best practice' management. How then do we get the money to undertake the very expensive exploratioin projects and feasibility studies that could end up without any gain. The risk is very high and make it difficult for us as country. Hence, the foreign companies raises the capital for the exploration and eventually gets the mining rights. The 10% ownership by Ghana in these companies are free carry interest without any liability. If we are able to cut out probably 10% of the corruption and ... debt payments, perhaps we could also finance some exploration projects and change the ownership structure of these companies. Just a few tip.
Akwasi Frimpong 12 years ago

A very serious issue for well-meaning non-selfish leaders. Will they discard their personal selfish interests and have the political will to run national affairs in the interest of the whole nation?

The other question is t ...
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A very serious issue for well-meaning non-selfish leaders. Will they discard their personal selfish interests and have the political will to run national affairs in the interest of the whole nation?

The other question is the required investment to operate the mines ourself - investments in, especially, technology, equipment, facilities, and personnel.

Perhaps, a watchdog local NGO (non-alligned) of knowledgeable citizens is required to hold the leaders to account for their decisions in these matters.

TIMUR 12 years ago

EXCELLENT, FOR THE SOLE BENEFIT OF GHANA.

EXCELLENT, FOR THE SOLE BENEFIT OF GHANA.
Aamah 12 years ago

The question is why can’t Ghanaians manage mining on their own ? Why ask for foreign investors ? I guess after all the years since independence we still lack behind in education, vision and work ethic.

The question is why can’t Ghanaians manage mining on their own ? Why ask for foreign investors ? I guess after all the years since independence we still lack behind in education, vision and work ethic.
KP 12 years ago

You don't need to lie when writing a good article. Ghana gets: Corporation tax-35%, Participating interest-10%or15%, and Royalties and social environmental responsibility-10%. Totalling 55% or 60%. This is true to the extract ...
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You don't need to lie when writing a good article. Ghana gets: Corporation tax-35%, Participating interest-10%or15%, and Royalties and social environmental responsibility-10%. Totalling 55% or 60%. This is true to the extractive industry as a whole. The government gets over £3 billion a year from minning ie, from Gold. We can do better by adding value to the gold Bars that we export [by refining], I agree with that
Sankofa 12 years ago

Do not kid yourself, KP.

If these companies were paying 60% (of what?), why would the gov't deem it necessary to impose a windfall tax of 10% on profits?

These capitalist agents of neocolonialism are bleeding us dry. T ...
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Do not kid yourself, KP.

If these companies were paying 60% (of what?), why would the gov't deem it necessary to impose a windfall tax of 10% on profits?

These capitalist agents of neocolonialism are bleeding us dry. They are vested interests who will not give up their booty without a fight. Witneess how Britain put ex-Pres Mills under severe pressure not to act on Vodafone.

By the way, with Jubilee oil we have 14.7% carried interest, and the oil companies have a tax holiday to recover their investments. Such generosity is detrimwental to our national interests. We have only 10% interest in the new contract with HEss corporation.
Sankofa 12 years ago

Isaac Kusi, you have articulated what I have always been saying in this forum.

We must take control of our own resources and exploit them for the benefit of all our people.

The foreign dominatrion of all the major se ...
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Isaac Kusi, you have articulated what I have always been saying in this forum.

We must take control of our own resources and exploit them for the benefit of all our people.

The foreign dominatrion of all the major sectors of our economy must not be allowed to continue. Foreigners are only here to make a profit - they will not develop our country.

55 years after independence and with such significant investment in education, we have the skills and expertise to run our industries efficiently and effectively. Let us stiop relying on foreign direct investment. Let us bring our people back from foreign lands to man these industries, and employ our young men and women.

We need the political will so to do. We must act now, and stop the petty politicking!
LaToshia 12 years ago

You are right on target. What has been happening is just not right. The public needs to be educated so they can support your idea. Bro what you are talking about is long overdue.

You are right on target. What has been happening is just not right. The public needs to be educated so they can support your idea. Bro what you are talking about is long overdue.

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Ghana Must Mine Our Gold And Other Minerals.

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