Back to Latest Briefings
March 25, 2026
AI-Enhanced
IEA slams Ewoyaa Lithium ratification, new mining regulations
Money
Policy
Opportunity
Growth
Key Points
- The Institute of Economic Affairs (IEA) has condemned the parliamentary ratification of the Ewoyaa Lithium mining lease and the new Minerals and Mining Royalty Regulations.
- The IEA criticizes the decision to slash the Growth and Sustainability Levy (GSL) from 3% to 1% as a 'cushion' for investors.
- New regulations set sliding-scale royalties, capping gold and lithium at 12% and other earth minerals at 5% based on global prices.
- Justice Sophia Akuffo of the IEA argues that these deals do not reflect modern economic sovereignty, advocating for full state ownership and service contracts over traditional concessions.
- The IEA views the 15-year Ewoyaa lease as a missed 'once-in-a-generation opportunity' to reset Ghana's mineral governance framework and questions the lack of state participation.
Why This Matters
This article highlights a critical debate over Ghana's approach to managing its natural resources, particularly lithium, which is vital for the global energy transition. The dispute over royalty rates, levies, and ownership models will directly impact the nation's revenue generation, economic sovereignty, and long-term development from its extractive sector.
Read Full Article
View original sourceRelated Articles
April 9, 2026
Dr. Dre joins Forbes billionaires list as second-richest hip-hop artist with $1 billion fortune
- Dr. Dre has officially been placed on Forbes' 2026 World’s Billionaires list.
- His net worth is estimated at $1 billion, largely built through music, production, and the sale of Beats by Dre.
- He is now one of only six musicians on the list, alongside Jay-Z, Beyoncé, Rihanna, Taylor Swift, and Bruce Springsteen.
- Forbes identifies Jay-Z as the world's wealthiest musician with an estimated net worth of $2.8 billion.
- This recognition solidifies Dr. Dre's status as a self-made American billionaire and a major figure in global music and business.
April 8, 2026
AGI commends government’s move to resolve the power crisis in Volta and Oti Regions
- The Association of Ghana Industries (AGI) has commended the government's efforts to resolve the power crisis in the Volta and Oti Regions.
- Plans are underway to rehabilitate transmission lines with higher voltage cables and other machinery to improve power supply.
- This project aims to increase power capacity from GRIDCO to ECG, benefiting clients across the two regions.
- Current power cuts and fluctuations have severely hindered industrial production, particularly impacting small and medium-skilled enterprises.
- AGI hopes the project will be completed within the stipulated one year to ensure stable power for sustained industrial production.
April 7, 2026
Legendary manager Lucescu dies days after resigning
- Legendary Romanian football manager Mircea Lucescu has died at the age of 80.
- He passed away five days after stepping down as Romania's head coach due to illness.
- Lucescu had an extensive managerial career, leading clubs like Inter Milan, Galatasaray, Shakhtar Donetsk, and the Turkish national team.
- The Romanian Football Federation and various clubs paid tribute to him as a brilliant tactician, mentor, and national symbol.
- He also captained Romania at the 1970 World Cup as a player.