8 d. ago IMANI Warns Against Lithium Royalty Cuts for Profitable Companies

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imani-warns-against-lithium-royalty-cuts-for-profitable-companies/IMANI Africa founder Franklin Cudjoe has warned that Ghana risks long term economic collapse if it continues granting generous concessions to already profitable private businesses, particularly in the mining sector. Cudjoe made the case when an IMANI delegation appeared before Parliament’s Lands and Natural Resources Committee during discussions on Ghana’s lithium agreement. He questioned the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imani-warns-against-lithium-royalty-cuts-for-profitable-companies/

Events

1 week ago Lands minister holds talks with CSOs to polish Ghana’s lithium agreement

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has held a crunch meeting with civil society organisations (CSOs) to discuss Ghana’s lithium agreement, which has now been withdrawn from Parliament.

Politics

1 week ago Affirm saltpond as host of Ghana’s first lithium mine, MSDA urges government

The Mfantseman–Saltpond Development Alliance (MSDA) has called on Parliament and the Government to formally affirm Saltpond as the exclusive location of Ghana’s first lithium-producing mine in any new lithium agreement. In a statement issued on Tuesday, the President of MSDA, Osagyefo Ernest De-Graft Egyir, stressed that the Ewoyaa Lithium Project is “officially and exclusively located at Saltpond” in the Central Region and falls entirely within the jurisdiction of the Mfantseman Municipality. “The Ewoyaa Lithium Project is located at Saltpond and nowhere else. Saltpond is the sole confirmed host community of Ghana’s first lithium-producing mine,” he stated.

Politics

2 w. ago Parliament to revise all mineral royalties; lithium deal withdrawn in the interim – Ayariga

Majority Leader Mahama Ayariga says the government’s decision to withdraw the lithium mining agreement is part of a broader plan to overhaul Ghana’s mineral royalty regime and link it directly to world market prices. Speaking on the floor of Parliament, Mahama Ayariga explained that commodity prices have shifted significantly since the original agreement was brought before the House, making the fixed royalty structure outdated and unattractive for investors.

Politics

2 w. ago Government’s reduction of Lithium Royalty Rate from 10% to 5% raises serious concerns – APL

The Africa Policy Lens (APL) has called on citizens, civil society organisations, and anti-corruption institutions to speak out against the government’s decision to reduce Ghana’s royalty rate in the Barari DV lithium agreement from the previously negotiated 10% to 5%.

Politics

2 w. ago Halt ratification of revised lithium agreement between Ghana and Barari

The Institute of Economic Affairs (IEA) has urged Parliament to halt the ratification of the Revised Lithium Agreement between Ghana and Barari, currently before the House. According to the economic and policy think tank, this is critical because the agreement in its current form is not only a continuation of the colonial-type agreements Ghana has […]

Politics

2 w. ago Why the NDC’s reduced Lithium Royalty Rate proposal is “Strange and Legally Baseless” – Africa Policy Lens

The Africa Policy Lens (APL) has criticised the decision of the government to propose a reduction of Ghana’s royalty rate in the Barari DV lithium agreement from the previously agreed 10% to 5%. According to the APL, the previous administration, after Cabinet approval to review royalty rates for lithium and associated minerals, negotiated a 10% royalty rate with Barari DV Ghana Limited—an upward revision from the standard 5% applied in the broader mining sector.

Events

2 w. ago Ghana risks losing about US$630 million if government reduces lithium royalty rate from 10% to 5% – Africa Policy Lens warns

The Africa Policy Lens (APL) has warned that Ghana could lose significant revenue if the government proceeds with a proposal to reduce the agreed lithium royalty rate for Barari DV Ghana Limited from 10% to 5%. According to the APL, the previous government, after Cabinet approval to review royalty rates for lithium and associated minerals, reached an agreement with Barari DV Ghana Limited that set Ghana’s royalty at 10%—five percentage points higher than the standard rate applied in the broader mining sector.

Events

2 w. ago Civil Society Coalition Rejects Ghana Lithium Royalty Reduction to Five Percent

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/civil-society-coalition-rejects-ghana-lithium-royalty-reduction-to-five-percent/The Coalition for Accountable Resource Governance has strongly opposed the proposed five percent royalty rate in Ghana’s renegotiated Ewoyaa lithium agreement, describing the reduction as undermining national interests. CARG-Ghana issued a statement criticizing the government’s decision to lower the rate from 10 percent negotiated under the previous administration. The coalition argues the adjustment represents a […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/civil-society-coalition-rejects-ghana-lithium-royalty-reduction-to-five-percent/

Politics

3 w. ago Economist Mills Urges Lithium Agreement Suspension After Government Engagement

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-mills-urges-lithium-agreement-suspension-after-government-engagement/Veteran economist Cadman Mills has expressed alarm over the proposed Ewoyaa lithium mining agreement, urging reconsideration of the deal amid legal, economic and public concerns, while later praising government for engaging with his concerns. In a post on X (formerly Twitter), Mills said he had not fully examined either version of the proposed agreement but […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-mills-urges-lithium-agreement-suspension-after-government-engagement/

Politics