Blog Posts

How can data on mining project payments benefit Ghana's citizens?

Nov 19, 2018

Alexander Malden and Edna Osei

Gold mining is a major source of government revenue in Ghana. How can those impacted by the sector use data on payments made to the government to better understand the revenues the sector generates? And how can this data be used to enhance accountability?

Most of the multinational gold companies operating in Ghana are required to disclose the payments they make to government entities under Canada’s Extractive Sector Transparency Measures Act (ESTMA). Under ESTMA, which came into force in 2015,

How to facilitate the disclosure of local procurement payments in mining

Nov 12, 2018

Jeff Geipel

Mining

The EITI requires mining companies in implementing countries to report taxes and revenue payments made to the government in a standardised format. However, companies’ payments for the procurement of goods and services – in most cases the single largest in-country payment type by a mine site – are not systematically disclosed.

As a member of the Publish What You Pay Canada coalition,

EITI week in Dakar: Stepping up commitments at the Africa Beneficial Ownership Conference

Nov 3, 2018

EITI Secretariat

EITI week in Dakar, beneficial ownership

The Africa EITI Conference on Beneficial Ownership Transparency had a powerful opening on Wednesday 31 October, with speeches from HE Macky Sall, President of Senegal and HE Julius Maada Bio, President of Sierra Leone, as well as other high-level government officials. The range of the parallel session topics varied from illicit financial flows to politically exposed persons.

EITI week in Dakar: Highlights of the Board meeting

Nov 2, 2018

EITI Secretariat

EITI week in Dakar

The EITI Board members and around 100 stakeholders gathered in Dakar for the 41st EITI Board meeting, ahead of 250 participants attending the three-day Opening Up Ownership: Africa conference on beneficial ownership, co-hosted by the EITI and the Government of Senegal.

Senegal – new resource-rich country on the block

Revealing true corporate owners is key to fighting "dirty money"

Oct 22, 2018

Eddie Rich

Beneficial Ownership

Beneficial ownership, one of the key themes at the 18th International Anti-Corruption Conference in Copenhagen on Oct. 22-24, can serve as a key weapon in the fight against tax evasion and money laundering.

Money laundering and corruption keeps making headlines. Danske Bank, Denmark’s largest lender, is reeling from a EUR 200 billion money-laundering scandal that erupted in September, the same month Dutch bank ING was hit with a EUR 775 million fine for similar misdeeds.

Malawi's journey to full contract transparency

Aug 20, 2018

Rachel Etter-Phoya

Contract transparency

The Government of Malawi formally committed to disclose all oil, gas and mining contracts in December 2015 at a Malawi EITI stakeholders meeting in Lilongwe. At the meeting, the then Principal Secretary Ben Botolo responsible for mining said that all contracts were already available upon request at the Department of Mines. As civil society, we were quick to take government at their word. But we soon discovered that while mining contracts were easily accessible,

Improving community oversight of local development through contract transparency

Aug 2, 2018

Nouhoum Diakite

Contract transparency

Creating a level playing field for all companies in Mali

The Publish What You Pay (PWYP) Mali coalition and the Office of the Auditor General (OAG) have made numerous calls for the publication of mining contracts. They are doing this because publication of contracts will help improve the monitoring of revenues received by local government and ensure that companies comply with their social and environmental commitments.

Why the EITI does not stop at recommending contract transparency

Jul 23, 2018

Jaqueline Taquiri

domestic resource mobilisation, tax

Transparency of contractual terms is important but to understand if the right tax is coming in, you also need production and export figures.

EITI data in combination with financial accounting data can aid tax authorities and civil society in the analysis of a range of tax risks on the resource value chain. In fact, EITI Reporting has highlighted how EITI data has been leading to enhanced domestic resource

Q&A with ICMM CEO Tom Butler on contract transparency policy

Jul 11, 2018

Tom Butler

Contract transparency

The International Council on Mining and Metals (ICMM) is a partner and supporting organisation to the EITI. Twenty-seven companies are members of ICMM, through which they are supporters of the EITI. ICMM CEO Tom Butler attended the recent EITI Board meeting in Berlin and participated in a side event on contract transparency with EITI Chair Fredrik Reinfeldt. Tom explains ICMMs policy on contract transparency and the impact it has had in this Q&A.

Validations, grievances and a farewell

Jul 4, 2018

Dylan Gelard

EITIBerlin18

EITI Berlin Board Meeting Blog: Day 2

Colombia became the first country in the Americas to meet or exceed all the requirements of the EITI Standard. The Board found Cameroon, the Republic of Congo, Madagascar, Ukraine, and São Tomé and Princípe had made meaningful progress in implementing the EITI. The Board reviewed the expectations for EITI supporting companies and discussed how grievances under the EITI should be addressed.

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