Energy and Extractives

Ghana Gold Board CEO Sammy Gyamfi backs Bank of Ghana’s gold reserve diversification strategy, citing falling gold prices and the need for stability.

Newmont Ghana pays GH¢12.8 billion in taxes and statutory payments in 2025, reinforcing its role as a top contributor to national revenue.

President Mahama reveals Ghana’s energy sector crisis has cost over $8bn, straining public finances and limiting spending on wages and development.

Ghana’s Parliament reduces the Growth and Sustainability Levy on gold mining companies from 3% to 1% as part of reforms to support the mining sector.

Petrol, diesel and LPG prices in Ghana are projected to rise sharply from March 16, 2026, following global crude oil price increases and new price floors.

President John Dramani Mahama commissions the MT Asharami Ghana LPG carrier in South Korea to strengthen Ghana’s LPG supply chain and improve fuel distribution reliability.

Tema Oil Refinery’s return to full operations could improve fuel supply stability in Ghana and help ease pressure on pump prices, according to Technical Advisor Nana Amoasi VII.

Argus Media Vice-President James Gooder says Ghana’s growing oil exports are boosting infrastructure investment, LPG production, and transparency in West Africa’s energy markets.

Industry highlights gaps in refining and logistics

The Ghana Chamber of Mines proposes an alternative gold royalty framework capped at 8% with a 1% community development levy to balance government revenue and mining sector sustainability.

COMAC urges stronger technological coordination across Ghana’s petroleum management systems after a petroleum supply disruption linked to ERDMS rather than ICUMS.