The real problem with Ghana’s mining sector (no one is saying this)

Is Ghana truly getting its fair share from its mineral wealth? In this powerful conversation, Ken Ashigbey, CEO of the Ghana Chamber of Mines, challenges the narrative around mining leases, foreign investment, and national benefit. Responding to concerns raised by the Institute of Economic Affairs, he makes a bold case: 👉 Ghana already takes over 60% of mining revenues 👉 The real problem is not ownership — but value creation 👉 Small-scale mining produces more gold but contributes almost nothing in taxes 👉 And the biggest question… where does the money actually go? This discussion dives deep into: Whether Ghana should demand more control over its mineral resources The risk of damaging investor confidence by changing lease agreements Why security of contracts matters for long-term investment The need for a Mineral Revenue Management Act How mining can truly benefit local communities Because in the end… It’s not about how much gold we mine It’s about how much value we create for Ghanaians.