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,
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,
The All Africa Mining Summit 2009 will deliberate the main drivers for the mining industry, explore new opportunities and probe issues facing the industry. Information and updates will be given on mining activities in Ghana, DRC, Zambia, Nigeria, Liberia, Sierra Leone, Kenya, Namibia, Angola & Botswana.
The Summit is held in collaboration with the Ghana Investment Promotion Centre and is supported by the Ghana National Chamber of Commerce & Industry, the Association of Ghana Industries,