Welcome to The Ghana Extractive Industry Transparency Initiative

EITI seeks to create that missing transparency and accountability in revenue flows from the extractive industry....

The initiative encourages, government, extractive companies, International agencies and NGO�s to work together to develop a framework to promote transparency of payments in the extractive industries.

EITI pursues a policy of openness which promotes the concept of tolerance and good governance through the disbursement of royalties to beneficiary communities and public disclosures...

Government's strategy for the sector is based on the recognition that the development of solid minerals in a sustainable manner can not be achieved without a deep involvement of the affected communities.

The EITI strategy calls for the definition of effective ways and means to empower and engage mining communities in the development process and to promote responsible behavior....

News Flash

2023 GHEITI MINING SECTOR RECONCILIATION REPORT

New 2023 GHEITI Mining Sector Reconciliation Report. Click here to download. Other reports in varying formats are available from the Publications section. Please click [HERE]

News Flash 2

2023 GHEITI OIL AND GAS SECTOR RECONCILIATION REPORT

2023 GHEITI Oil and Gas Reconciliation Report is available. Click to download. [HERE]

Welcome to The Ghana Extractive Industry Transparency Initiative

Ghanaians unhappy about Wasteful spending of petroleum revenues

Ghanaians are becoming increasingly concerned about what they describe as wasteful spending of petroleum revenues, Public Agenda has uncovered. In a brief statement at a Western Regional dissemination workshop on the 2014 Ghana Extractive Industries Transparency Initiative (EITI) reconciliation report, the Omanhene of Essikado traditional area, Nana Kobina Nketsia V, observed that it is the expectation of many natural resource host communities to feel the socio-economic benefits of resource extraction, however the consolidation approach to national economic accounting makes it difficult for host communities to be able to appreciate the direct contribution of the resources being exploited in their geographical jurisdictions to their local economic development.

Infuse Free Prior Informed Consent Into Mining Laws

15th May, 2015

Government has been asked to take immediate steps to begin the process of incorporating Free Prior Informed Consent (FPIC) clauses into Ghana's mining laws. The addition of those clauses will protect mining communities from the many of the violations they suffer as a result of mining activities. FPIC will also equip the mining communities to protect their rights to ownership of land and rights to livelihood.

Maximising gains from local content law specialisation and not generalisation is way forward - Varsity Don

15th May, 2015

Ghana's quest to maximize benefits from its oil and gas resources can be given a boost if there is a strategic approach to the implementation of the Local content Law, Dr John Gatsi, a Chartered Economist and lecturer at University of Cape Coast, has submitted.

Petroleum Commission advised to establish online repository

The Petroleum Commission has been advised to urgently set up an online repository where information on upstream petroleum blocks could be accessed. The Petroleum Commission is the upstream regulator of Ghana's petroleum sector. It is mandated to regulate, manage and co-ordinate all activities in the upstream petroleum industry for the overall benefit and welfare of Ghanaians.
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GNPC told to publish its investment plan ...in the spirit of accountability

The Ghana National Petroleum Corporation (GNPC) has been asked to publish its investment plan with its associated cost to prevent any misconstruing in respect of unspent cash by the public. This was the recommendation made regarding GNPC in the Ghana Extractive Industry Transparency Initiative(GHEITI) 2012/2013 Report on the Oil and Gas Sector, prepared by Boas and Associates and launched in Accra recently.

Revenue From Natural Resources Will Be Prudently Managed -Terkper

Mr. Seth Terkper Minister of Finance and Economic Planning, on Tuesday said government is working assiduously to ensure that the enhanced revenues from the country's natural resources are prudently managed and utilized for the benefit of the people. He said revenues from natural resources are to benefit people who are negatively impacted by the activities of extractive sector companies.
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African governments leave mining vision in the cold

African governments have relegated the implementation of the African Mining Vision (AMV) to the back burner after it was unanimously adopted in 2009 by African Heads of State. The ECOWAS Mineral Development Policy (EMDP), a related document, has also suffered a similar fate. The AMV, according to experts, is the most ambitious national, sub regional and continental mining reform framework that has been developed in Africa in recent years.

Ghana Play host to regional conference on EITI

Accra, Sept. 27. GNA Vice-President Kwesi Amissah- Arthur on Thursday said Ghana has instituted various measures to strengthen its public financial management systems as a way of finding long term solutions to the problem of weak institutional capacities and government ineffectiveness.
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