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
-
Ghana, Algeria explore stronger scholarship and academic exchange opportunities
52 seconds -
Law enforcement officers trained to tackle emerging human trafficking threats
7 minutes -
Ministries, assemblies cannot claim blanket exemption from vehicle tint laws – ACP Alexander
14 minutes -
Is Ghana safely becoming a narcotic transit coast?
17 minutes -
Tinted vehicles could facilitate crime and endanger road users — ACP Alexander
27 minutes -
BoG Governor appoints Second Deputy Governor Matilda Asante-Asiedu as rep on GoldBod board
37 minutes -
The fight against terrorism requires regional and international cooperation – Mahama
50 minutes -
Arrest Nana Boakye and probe into drug lab claims – NDC’s James Agbey
1 hour -
Refugees in South Africa face mounting tensions as September 30 deadline looms
1 hour -
At least 12 dead, dozens missing after vessel capsizes in DR Congo
1 hour -
Two dead, 14 rescued after accident on Kpetoe-Sarakope road
2 hours -
AFCON 2027Q: Moroccan referee Mustapha Kechchaf to officiate Ghana-Gambia match
2 hours -
Our mental health is restored – How Medical Trust Fund is giving doctors hope again
2 hours -
2027 budget to provide for grain silos – Agric Minister
2 hours -
Damongo Communique: Democracy Not For Sale
2 hours