• Decrease font size
  • Default font size
  • Increase font size

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 benificiary 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

2012-2013 Oil & Gas Report for Download

NewOil & Gas Sector Report for 2012-2013 Uploaded. Click here to download. Other reports varying formats are available from the Publications section. Please click [HERE]

News Flash 2

GHEITI 2012-2013 Mining Sector Report

NewThe GHEITI 2012-2013 Mining Sector Report is available for download. Click [HERE]

Welcome to The Ghana Extractive Industry Transparency Initiative
Infuse ‘Free Prior Informed Consent’ Into Mining Laws PDF Print E-mail

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.

Read more...
 
Maximising Gains From Local Content Law... Specialisation and not Generalisation Is Way Forward—Varsity Don PDF Print E-mail

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.

Read more...
 
Small Scale Miners Must Pay Royalties PDF Print E-mail

Government has been advised to put in place stringent measures to compel small scale miners to pay some royalties to the State. Although small scale miners account for over 34% of gold production, they do not pay mineral royalty. “Attempt should be made to obtain some revenue (royalty) from small scale mineral gold producers. The rate of extraction of gold by the small scale artisanal and miners mean the state is losing it resources without any compensatory revenue”.

Read more...
 
Petroleum Commission advised to establish online repository PDF Print E-mail

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.

Read more...
 
Pass Mineral Development Fund Bill PDF Print E-mail

Pressure continues to mount on Parliament to pass the Mineral Development Fund (MDF) Bill to prevent the facility, which has existed for decades without a law, from further manipulation. The latest demand is contained in the 2012/2013 Ghana Extractive Industry Transparency Initiative (GHEITI) for the Mining Sector Report, which was launched in Accra on Tuesday.

Read more...
 
GNPC told to publish its investment plan ...in the spirit of accountability PDF Print E-mail

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.

Read more...
 
Revenue From Natural Resources Will Be Prudently Managed -Terkper PDF Print E-mail

Hon. Seth Terkper - Minister of Finance

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.

This was contained in a keynote address read by Mr Franklin Ashiadey, National Coordinator of the Ghana Extractive Industries Transparency Initiative (GHEITI), at the dissemination workshop on the 2012/2013 audit reports of the initiative on mining and oil and gas sectors at Half Assini.

 

Read more...
 
Opening Address At The First GHEITI National Steering Committee (NSC) Meeting In 2015 By Major M.S. Tara (Rtd) Chairman, Ghana EITI - 27th January 2015 PDF Print E-mail

Members of the Ghana EITI National Steering Committee, Good Morning, it is my pleasure to welcome to the first meeting of the Steering Committee in 2015 and also to wish you a happy new year.

2.    This certainly is a good opportunity to set the tone for the months ahead and provide general guidance on how we want to chat the future of the Ghana EITI going forward, especially for 2015. Generally, these Steering Committee meetings are very important because it provides our partners from Civil Society and Companies the opportunity and the platform to bring their perspective to bear on the governance of the extractive sector and in shaping the future of Ghana EITI.

Read more...
 
Statement By The Minister For Petroleum Hon. Emmanuel Armah - Kofi Buah (MP) At The Launch Of The 2012/ 2013 Ghana Extractive Industries Transparency Initiative ( GHEITI) Reports For Mining And Oil And Gas Sectors PDF Print E-mail

Mr Chairman,
Chief Directors,
Hon. Members of Parliament,
Members of the Steering Committee of GHEITI,
The Media
Ladies and Gentlemen,

It is an honour for me to be here for the launch of the 2012/2013 Ghana HEITI Reports for Mining and Oil and Gas Sectors. Following the extension of the EITI to the oil and gas sector in 2013, the Ministry of Petroleum has been following and participating the activities of GHEITI with keen interest for the purpose of ensuring transparency in the production crude oil in the country and utilisation of oil revenue.

Read more...
 
GHEITI Launches 2012/2013 Mining, Oil and Gas Reports PDF Print E-mail

The Finance Minister, Mr Seth Terkper, has expressed concern about the lack of capacity of the revenue collecting agencies to monitor tax players in the extractive industry appropriately. At the launch of the Ghana Extractive Industry Transparency Initiative reports (GHEITI) on the mining, oil and gas sector for 2012 and 2013 in Accra, Mr Terkper said, "Transfer pricing in the extractive sector is one major challenge that revenue institutions must overcome because of its negative effect on revenue collection."

Read more...
 
Ghana Earns $978.82 Million From Crude Oil PDF Print E-mail

GHANA earned $978.87 million equivalent to GH 03.0 billion from the export of oil from the jubilee field as of the end of 2014, Seth Terkper, Minister of Finance has disclosed. He said total volume of crude oil produced from the Jubilee field in 2014 was 37,201,691 barrels rep-resenting an increase of 42.6 per cent over 2011 production levels. In a speech read on his behalf at the launch of 2012/2013 Ghana Extractive Industries Transparency Initiative (GHEITI) audit reports in Accra yesterday he said the average daily production rate in 2014 was 101,922 barrels per day.

Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 12

Search

2012-2013 Mining Sector Report

2012-2013 Mining Sector Report
2012-2013 Mining Sector Report

2012-2013 Oil & Gas Sector Report

2012-2013 Oil and Gas Sector Report
2012-2013 Oil and Gas Sector Report

GHEITI Newsletter - Jan. 2014

GHEITI Newsletter Jan. 2014

Latest Events

NOEVENTS

Visitors Online

We have 3 guests online