The minority in Parliament has issued a strong warning to the government, stating that its recent decisions in the mining sector threaten to stifle economic growth, drive away foreign investors, and increase job losses.
In a letter dated April 21, 2025, Ranking Members Kojo Oppong Nkrumah (Economy and Development Committee), Kwaku Ampratwum Sarpong (Lands and Natural Resources Committee), and Dr. Mohammed Amin Adam (Finance Committee) described the new policies as harmful to the country’s economic stability and raises concerns about two new tax measures: a 3% growth and sustainability levy on gross mining output introduced this year and an additional levy planned from 2026 to 2028.
“These levies could discourage much-needed investment in the sector and push more mining operations into distress.
Further, the minority criticised the levies, arguing that they place a heavy burden on already struggling mines and worsen their financial challenges.
