
Audio By Carbonatix
The Ghana Chamber of Mines has been studying a report which proffers solutions to bridging the gap between indigenous enterprises and the country’s mining industry.The Chamber in 2010 worked with the Minerals Commission and the International Finance Corporation (IFC) to identify 29 product categories which are either already being manufactured in Ghana, or should be assessed for import substitution potential.The items include steel products, bullion boxes, cement and cement products, lubricants, heave duty electric cables, wood products, HDPE & PVC pipes, caustic soda and ammonium sulphate.Chief Executive Officer of the Chamber of Mines, Dr. Toni Aubynn, said a gap-analysis commissioned by the industry is nearing completion to better appreciate challenges militating against the local production of identified commodities.Mining firms in the country are currently mandated by the local content law to procure all their inputs that could be sourced locally.But local artisans are worried the law will not achieve the intended impact on indigenous businesses until capacities are built to meet contract requirements.According to George Amakwaah, President of the Suame Magazine Industrial Development Organization (SMIDO), Ghanaian businesses are challenged in meeting demands of the mining firms due to lack of machinery and low capacities.“If you don’t have such machines and capacity, how can you supply 100% local content?” he queried. “These mining firms deal with specification, so when they need something from your end and you cannot meet their specification, how can you supply because if you go they’ll reject them”.Dr. Toni Aubynn shared the concerns and expected mining to be fully integrated into the local economy.According to him, the Chamber was studying the report from the gap-analysis to see how the mining sector could take advantage of locally produced inputs. He added that local capacity building should be the responsibility of industry and government.“We would want to contribute to building capacities to close the gap and we think that industry and government could work together to achieve it and I’m happy we’re doing that now”, stated Dr. Aubynn.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GoldBod engages licensed traders to promote transparency in gold trade
2 minutes -
Musician KooKusi’s ‘This Ability EP’ accepted into prestigious European mental health arts catalogue
8 minutes -
Falling gold prices raise concerns over Ghana’s economic outlook
9 minutes -
CUTS calls on government to increase allocation to Road Fund in 2026 Mid-Year Budget
17 minutes -
Daboya–Mankarigu residents urge Roads Minister to intervene in delayed road project
23 minutes -
Police summon Kwadwo Safo Akofena over shooting incident involving former Dome-Kwabenya MP
30 minutes -
Firearm cannot be displayed without IGP’s approval – Security expert
32 minutes -
Private security firms cannot legally arm guards for self-protection – Dr Adam Bonaa
34 minutes -
The Million dollar bank in every university
46 minutes -
Ghana highlights disability inclusion progress at UN Conference in New York
53 minutes -
Ghana calls for stronger global support for disability inclusion at UN conference
1 hour -
Gender Ministry begins community dialogue on social protection in Northern Region
1 hour -
Ghana seeks greater investment and renewable energy support through SEforALL partnership
1 hour -
Ghana deepens energy partnership with SEforALL to advance energy access, sustainable development
1 hour -
GhYA urges National Research Fund to prioritise young scientists and research infrastructure
2 hours