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August 18, 2026
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Illegal mining drives Ghanaian children from classrooms into hazardous labour
Money
Policy
Opportunity
Growth
Key Points
- A study by Solidaridad West Africa and the Minerals Commission reveals an increasing trend of schoolchildren in Ghana's Eastern Region being drawn into hazardous illegal mining activities.
- Children aged 10-17 are exposed to dangerous conditions, toxic chemicals like mercury, exploitation, and abuse at unregulated mining sites.
- Key drivers include poverty, peer pressure, the desire for quick income (GH¢100-GH¢1,000 daily), weak parental supervision, and a perception that mining offers greater immediate financial benefits than education.
- This engagement leads to increased absenteeism, school dropouts, interrupted schooling, and broader social problems such as drug abuse, teenage pregnancy, and prostitution.
- Solidaridad and the Minerals Commission are piloting an incentive-based child labour-free community initiative in Atiwa West, supporting a Child Labour Eradication Framework for Ghana's small-scale gold mining sector.
Why This Matters
This issue directly threatens Ghana's human capital development by jeopardizing the education and future of its youth, particularly in resource-rich regions. It undermines efforts to achieve sustainable development goals related to education and child protection, potentially perpetuating cycles of poverty and hindering long-term economic growth and social stability across affected communities.
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August 24, 2026
GoldBod denies GH¢1bn BoG overdraft claim, demands retraction and apology from Boako
- The Ghana Gold Board (GoldBod) has vehemently denied claims by MP Dr. Gideon Boako that it owes the Bank of Ghana (BoG) a GH¢1 billion overdraft.
- Dr. Boako, a Deputy Ranking Member on Parliament’s Finance Committee, questioned GoldBod's reported GH¢907 million profit, stating an outstanding overdraft would reflect a loss.
- GoldBod labeled Dr. Boako’s claim as “totally false,” a “deliberate and malicious smear campaign,” and demanded a retraction and apology.
- This dispute is set against a broader political and economic debate concerning GoldBod’s financial performance and the accounting treatment of GH¢22 billion losses from the Domestic Gold Purchase Programme (DGPP).
- GoldBod asserts it has never taken any loan, overdraft, or debt instrument from the Bank of Ghana or any financial institution since its establishment.
August 24, 2026
GoldBod losses remain key on Minority agenda as Parliament reconvenes – Afenyo-Markin
- The NPP Minority Leader, Alexander Afenyo-Markin, reaffirmed the caucus's commitment to investigate a reported US$1.7 billion loss linked to the Bank of Ghana’s Domestic Gold Purchase Programme and the Ghana Gold Board (GoldBod).
- This commitment was reiterated after Afenyo-Markin met with NPP flagbearer Dr Mahamudu Bawumia in Accra.
- Dr Bawumia commended the Minority Caucus for its accountability efforts and encouraged their continued work.
- The reported loss, equivalent to about 1.5% of Ghana’s GDP, will be a key issue for the Minority as Parliament reconvenes.
- The Minority is resolute in pursuing the matter to get answers for the Ghanaian public regarding the circumstances of the loss.
August 23, 2026
Why celebrate $2.62bn FDI while losing $1.7bn under the Domestic Gold Programme? IERPP asks
- The Institute of Economic Research and Public Policy (IERPP) welcomes Ghana's US$2.62 billion Foreign Direct Investment (FDI) as a sign of investor confidence.
- However, IERPP tempers this optimism with concern over an estimated GH¢22 billion (US$1.7 billion) loss from the Domestic Gold Purchase Program (DGPP).
- The DGPP loss is significant, equating to about 65 cents for every US$1 of FDI attracted, highlighting a major resource management issue.
- IERPP emphasizes that while FDI is crucial, it cannot substitute for prudent management and protection of existing public resources.
- The Institute calls for greater transparency, a clear breakdown of DGPP losses, and intense scrutiny from accountability institutions, Parliament, and civil society.

