EXECUTIVE SUMMARY
1.0 BACKGROUND
In 2003, Ghana signed onto the Extractive Industries Transparency Initiative (EITI). By this singular action Ghana joined the list of countries implementing EITI globally. As an EITI implementing country, Ghana is required to apply the principles of the initiative to its extractive sector(s).
Introduction: The Ghana Extractive Industries Transparency Initiative (GHEITI) National Steering Committee through GTZ and the Integrated Social Development Centre (ISODEC) on behalf of Civil Society Organizations (CSOs) separately engaged the services of legal experts in 2008 to review existing legislation and recommend if Ghana required a separate legislation for her EITI process. However, the recommendations from the Consultants were different and therefore the need to undertake a stakeholder consultation in arriving at a final decision on whether or not Ghana requires a separate legislation for her EITI process.
In its ongoing effort to fight corruption and increase energy security, the U.S. Helsinki Commission has worked in recent years to help countries fight the resource curse. That is the phenomenon in which countries that are rich in oil, gas or minerals—resources that should be a boon to their economy—suffer lower economic growth and higher poverty than countries without extractive resources.
Stakeholders at a roundtable meeting to deliberate on whether or not there is the need for Ghana to legislate the Extractive Industries Transparency Initiative have agreed that legislation is a must for the purpose of sustaining the initiative, and giving true expression to government's commitment to transparency and accountability in natural resource governance.
Stakeholder Consultations On Legislation For GHEITI: The Way Forward, Overview Of EITI Implementation In Ghana: Presented By Amponsah Tawiah, EITI Steering Committee
AIDED by the performance of the Minerals Commission over the last two decades, the mining sector has played a key role in the development of Ghana's economy, with production increasing significantly, export earnings growing from 20 per cent to 45 percent of total export and Gross Domestic Product (GDP) improving from 1.5 per cent to six per cent.
THE President of Tullow. Oil Ghana Limited, Mr Dai Jones, has said that his company is aware of the high expectations of 'Ghanaians from the oil activities which 'begin next year.
Extractive Industries Transparency Initiative (EITI) Reporting Examples From The Mining Sector And Lessons For The Oil Sector.
- Presented By K.Boa-Amponsem (Boas & Associates)
ILLEGAL mining activities, sometimes called 'galamsey', seem to becoming brisk rather than waning in the Western Region, 20 years after the legalisation of small scale mining in Ghana.
Pre-Validation Assessment Of The Extractive Industries Transparency Initiative (EITI) In The Republic Of Ghana
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EITI: Validation Overview,
Key Features of EITI:
Country Ownership,
Multi-stakeholder Focus,
Disclosure of Company, Payments and Government, Receipts
Validation
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The Role of Mining Companies in Ensuring Transparency
in the Mining Industry,
EITI Workshop for the Media, Mr. Sulemanu Koney
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Civil Society and EITI Implementation in Ghana.
Dialogue, Critical and Constructive Engagement
Presentation at EITI Sensitization Workshop for the Media.
Dr. Steve Manteaw, Convener , PWYP – Ghana
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Self-Assessment as part of the pre-validation in Ghana by Allan Lassey and
Dr. David Nguyen-Thanh , German Technical Cooperation (GTZ) Please click [here] to download this document.....
Presentation by Boubacar Bocoum, World Bank
at the GEITI Pre-Validation Workshop on April 18, 2009 at Dodowa-Ghana
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Minister of Finance and Economic Planning, Dr Kwabena Duffuor has expressed concern about the inability of mining companies to increase the quantum of royalties paid to Ghanaians even though the international price of gold and other metals have increased tremendously in the past three years.
The fourth EITI Conference was held in Doha, Qatar from 16th-18th February, 2009. The Extractive Industries Transparency Initiative (EITI) is a ground breaking initiative that promotes public disclosure of revenue flows from the oil...
The Extractive Industries Transparency Initiative (EITI) is aimed at reducing poverty by improving transparency in the receipts and payment of mineral revenues from the country’s extractive industries...
1. Introduction
There are several reasons why Ghana constitutes an important case to be considered in any account of the Extractive Industry Transparency Initiative (EITI) and mining. For one, Ghana was one of the first countries to adopt the voluntary initiative in 2003 and, in fact, constitutes the first candidate country to deal with the mining sector only.
The basic concept of EITI is for the extractive industries making payments, Government receiving revenues and for Civil Society playing a watchdog role to ensure sanity in revenue - flow streams...
Every mineralin its natural state in, under or upon any land in Ghana, rivers, streams water courses throughout the country, the exclusive economic zone and any area covered by territorial sea or continental shelf........
Ghana’s representation at conference was from government, private sector and civil society. The government delegation was led the Deputy Minister of Lands, Forestry and Mines. Other members of the government delegation were, Mr. Franklin Ashiadey , Senior Economics Officer (MOFEP)........
Conclusions, understandings and mutual commitments on the Extractive Industries Initiative held at the La Palm Royal Beach, Accra, Republic of Ghana, Monday January 15, 2007........
Mr. Chairman, Your Excellency, the Vice President of the Republic of
Ghana, Hon. Ministers of state, Nana Kukuomhene, members of the
diplomatic corps, distinguished development partners of the Republic, our
cherished guests from Sierra Leone, Nigeria, Liberia, and Mongolia, ladies
and gentlemen.......
One way to reduce conflict in mining communities is to make mining revenue work for the people, to reduce poverty
especially in mining communities.......
1.0 BACKGROUND
The Extractive Industries Transparency Initiative, (EITI) seeks to improve development outcomes from payments (benefits) made by Extractive Industries to governments by enhancing transparency in the payment, receipt, disbursement and utilization of these benefits........
The Ghana EITI review session was organized to enable members of the National Steering Committee brainstorm on various issues still outstanding on the EITI calendar. On discussion on the agenda were, revised work plan..........
The Government of Ghana through the Ministry of Finance and Economic Planning (MOFEP) has associated itself with the Extractive Industries Transparency Initiative (EITI) which was launched at the World Summit on Sustainable Development in Johannesburg.
The Extractive Industry Transparency Initiative (EITI) Work plan, 2006-2008 is available for download. Please click [here] to download this document.....
At the G8 summit in Heiligendamm the Heads of State and Government
reiterated their support for increased transparency in the extractive
sector and committed themselves to working closely with resourcerich
countries and emerging economies to realise this aim.......
The extractive industries in Ghana is dominated by mining of solid minerals such as Gold , diamonds , bauxite , aluminum, manganese etc. It is estimated that mining accounts for 5% of the country’s GDP, 30% of exports, and about 11% of the Government’s fiscal revenues......
The Extractive Industries Transparency Initiative (EITI) was launched by the UK Prime Minister at the World Summit on Sustainable Development in Johannesburg, September 2002.....
The Ministry of Finance and Economic Planning (MOFEP) and the EITI National Steering
Committee (NSC) jointly organised EITI sensitization workshop for the Parliamentary Select
Committee on Mines and Energy the 9th June 2007 at Swedru in the Central Region. The
theme for the workshop was ‘Institutionalizing EITI in Ghana’.......
The first Ghana EITI Financial Audit Report was submitted to the EITI Secretariat at the Ministry of Finance on February 20, 2007 by the Audit Firm, BOAS and Associates. After the review of the Report by the National Steering Committee it was recommended that in line with the standing work plan of the EITI a technical roundtable be organized to share the report with the various relevant institutions, other key stakeholders and team of experts. The workshop was also to help address some of the concerns raised and recommendations made in the report.........
The Extractive Industries transparency initiative seeks to improve development
outcomes from benefits paid by extractive industries to governments............
1.0 INTRODUCTION
The Extractive Industries Transparency Initiative (EITI) is a programme launched by the UK Prime Minister at the World Summit on Sustainable Development, in Johannesburg, in September 2002.......
