Search

Ghana Plans Windfall Tax on Mining as Gold Prices Hit Record High

Allen dreyfus Logo
© Allen Dreyfus
  • Government seeks predictable tax framework amid soaring gold revenues
  • Industry experts urge caution over fragmented tax system

Accra, Ghana – Ghana is considering introducing a formal windfall tax on mining companies amid a surge in gold prices, aiming to create a more predictable taxation system and reduce the need for frequent adjustments, Anthony Kwasi Sarpong, Commissioner General of the Ghana Revenue Authority (GRA), said.

Recent Business

Cassiel Ato Forson, Ghana's Finance Minister. Photo: Ministry of Finance/Facebook
Ghana unveils gold-backed reserve strategy to build 15-month import cover
Read More »
Minerals. Photo by Craig Thomas @ Unsplash
Rwanda mineral exports surge 46% in 2025 as trade deficit narrows
Read More »
Sun rises over Cape Town, South Africa. Photo by Rohan Reddy @ Unsplash
Namibia tightens bank board rules to curb foreign dominance in financial sector
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights