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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....

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Aggregation Reports for Download

NewAggregation Report for 2010/2011 Uploaded. Click here to download. Other Aggregation reports for 2006, 2007, 2008, 2009 in zipped formats are available from the Publications section. Please click [HERE]

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GHEITI 2012 Annual Report

NewThe GHEITI 2012 Annual Report is available for download. Click [HERE]

Welcome to The Ghana Extractive Industry Transparency Initiative
Oil Receipts for 1st - 3rd Quarter, 2011 PDF Print E-mail

Pursuant to Section 8 of the Petroleum Revenue Management Act, Act 815, 2011 (PRMA), which requires the Minister to publish petroleum receipts (defined in Section 6 of the Act); total output lifted; and the reference price on a quarterly basis.

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Ghana Extractive Industries Transparency Initiative (GHEITI) Workshop On 2009 Audit Report Findings 23th - 26th November, 2011 PDF Print E-mail

Having successfully launched the 2009 GHEITI Audit Report on 26th October, 2011, the GHEITI Secretariat together with the GHEITI National Steering Committee wish to embark on a series of dissemination and capacity building workshops and community forums.

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Jubilee partners make corporate social responsibility address real needs PDF Print E-mail

Given the negative attention that international oil companies have attracted in recent times, in respect of the perceived greed that underline their business practices, and sometimes disregard for environmental standards, it appears the Jubilee partners operating in Ghana's flagship commercial oil field are desirous to tell a different tale by ensuring that host communities also reap from their profits.

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Rolling out EITI in the petroleum sector: GHEITI CONSULTS STAKEHOLDERS ON REVENUE DATA TEMPLATES PDF Print E-mail

A major assurance to both Ghanaians and the country's development partners that Ghana may not after all, go the way of its neighbouring African oil producers, for whom the discovery of oil has been more of a curse than a blessing, is the declaration of intent by the National Democratic Congress (NDC) government to extend the Extractive Industries Transparency Initiative (EITI) to the oil and gas sector.

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Government urged to disaggregate oil expenditures in the budget PDF Print E-mail

In the wake of increasing expectation of a positive impact of Ghana's oil revenues on the lives of the citizenry, it is becoming clear that such impacts will be difficult to tell if oil revenue expenditures in Ghana's budget are not disaggregated. "Once the oil revenues are not disaggregated in the budget, it will be difficult to tell how much has been allocated to the various sectors," argues Mohammed Amin Adam, Africa Against Poverty (AAP) Programme Coordinator at Ibis West Africa.

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Report Launch - 2009 GHEITI Audit Reports - Updated PDF Print E-mail

updatedThe Ministry of Finance and Economic Planning, the Ghana Extractive Industries Transparency Initiative (GHEITI) Secretariat and the Multi-Stakeholder National Steering Committee (NSC) has launched the 2009 GHEITI Audit Reports at the Coconut Groove Regency Hotel, Accra on Wednesday October 26, 2011 at 9:00am.

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Ghana Extractive Industry Transeparency Initiative (GHEITI) holds Workshop to Review Draft Reporting Template for the Oil and Gas Sector PDF Print E-mail

UpdatedThe Ghana Extractive Industry Transparency Initiative Secretariat has held a consultative workshop for stakeholders in the oil and gas sector in the Western Region to validate a draft reporting template for capturing information on the oil and gas revenues. In 2010, the EITI was extended to cover the oil and gas sector, the template would, therefore, help the various oil industries to capture data and information in a very transparent manner. This would not only provide checks and balances, but also help capture every oil and gas revenue.

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Newmont pays more than GH¢71 million to government PDF Print E-mail

Accra, Oct. 17, GNA - Newmont Ghana Gold Limited has paid more than 47 million dollars (GH¢71.44 million) to government for the third quarter of the year. The amount comprises 39 million dollars for Corporate Income Tax, 6 million dollars for the National Fiscal Stabilisation Levy, and 2 million dollars as Mineral Royalties for September. The Corporate Income Tax paid represents an increase of 30 per cent over what the company paid for the previous quarter.

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Government Gives Expression To Oil Revenue Law PDF Print E-mail

Government has once again demonstrated its resolve to beat the resource curse in the exploitation of the country's hydrocarbons, by giving expression to a key transparency provision in the Petroleum Revenue Management Law it enacted six months ago: the inauguration of the Public Interest and Accountability Committee last Thursday in Accra. The Committee, established under Section 51 of the Petroleum Revenue Management Act, 2011, Act 815 is regarded as a novelty in the management of natural resource rents globally.

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Ensure Effective Engagement Between Mining Companies And Communities - CSOs Urge Government PDF Print E-mail

Civil Society Organizations (CSOs) working in the Natural Resource and Environment sector are calling for effective consultation with mining communities before the issuance of license to mining companies. Such engagement, according to them, will ensure fair compensation to the indigenous people as well as reduce the number of social conflicts that usually occur in the mining communities.

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Investment Inflows in Mining Sector Totaled $ 770 Million- Chamber of Mines PDF Print E-mail

The Ghana Chamber of Mines (GCM) says the total investment inflow into the mining sector in 2010 amounted to $770 million, as against the $762 million recorded in 2009.  The investments, according to the GCM, were made in production, exploration and support services.

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GHEITI Newsletter - Jan. 2014

GHEITI Newsletter Jan. 2014

Regional Conference 2012 Report

GHEITI Regional Conference Report 2012

GHEITI Mining Report - 2010-2011

Report on the Aggregation & Reconciliation of Mining Sector Payments & Receipts: 2010-2011
Report on the
Aggregation & Reconciliation
of Mining Sector Payments & Receipts:
2010-2011

GHEITI Oil & Gas Report - 2010-2011

Report on the Aggregation and Reconciliation of Oil and Gas Sector - 2010-2011
Aggregation & Reconciliation
of Oil & Gas Sector
Payments and Reports
2010 - 2011

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