Audio By Carbonatix
Dr Steve Manteaw, Co-chair of the Ghana Extractive Industry Transparency Initiative, is calling for the establishment of security points to curb the illegal export of gold from the country.
At a press briefing organised by the Civil Society Organisations Alliance on Wednesday, July 3, Dr Manteaw highlighted the challenges miners face in transporting gold to Kotoka International Airport for export, leading many to smuggle gold through various exit points across Ghana.
This illicit practice, according to Dr. Manteaw, results in significant revenue losses for the state.
He emphasised the urgent need for improved border security measures to address this issue and secure the country's resources.
Dr Manteaw urged political parties to incorporate policy reforms aimed at halting these revenue leakages into their platforms, particularly as the 2024 general elections approach.
He stressed that such measures are critical for enhancing Ghana's revenue and ensuring the integrity of its extractive industries.
By implementing these reforms, Dr. Manteaw believes that Ghana can better safeguard its gold exports and bolster its economic stability.
“We found that the biggest risk in the [gold business] chain comes from the fact that in Ghana, the only point through which you can export small-scale gold is the Kotoka International Airport, yet we have miners operating in areas like Bole, which shares a border with La Côte d’Ivoire."
“The [miners] may not want to come to Accra to send their gold out so what they do is just cross the border with the gold, which amounts to a lot of potential revenue."
“It, therefore, makes sense that we ensure that we have a safe facility at all the major exit and entry points of the country so that we can track the export of gold across our borders," he said.
Latest Stories
-
Telecel Turns Up University of Ghana with Black Sherif, KiDi & Kweku Smoke on Val’s Day
3 minutes -
When culture trends: How Mahama’s fugu revival can boost local sales
5 minutes -
The Ghanaian talent shift: Key insights employers can’t ignore from the Jobberman 2026 Jobs Market Report
7 minutes -
More than 30 killed in blast at Pakistan mosque, officials say
12 minutes -
Investing in youth is Africa’s most strategic business decision – Nii Armah Quaye
13 minutes -
We had sex in a Chinese hotel, then found we had been broadcast to thousands
13 minutes -
Nigerian court orders UK to pay £420m over 1949 killing of miners
13 minutes -
Ministry of Finance relocates offices to Kanda
15 minutes -
Amazon shares fall as it joins Big Tech AI spending spree
15 minutes -
TikTok told to change ‘addictive design’ by EU or face massive fines
17 minutes -
Fisherman fleeing elephants killed by crocodile in Zambia
17 minutes -
JoyNews’ Emefa Atiamoah-Eli wins REMAPSEN’s Best Journalist in Health Reporting award for West and Central Africa
30 minutes -
UMB outdoors redesigned mobile app; UMB SpeedApp to serve customers better
1 hour -
GFA strengthens Black Stars backroom staff with five key appointments for 2026 World Cup
1 hour -
JP Morgan upgrades Afreximbank Bonds, citing improved value and strong fundamentals
1 hour
