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Tag: Chief Executive Officer of the Ghana Chamber of Mines

Cross-subsidy Weighing Down on Mining Coys

Mining July 30, 2015August 4, 2015 MASAHUDU ANKIILU 0 Comments

Mining companies operating in Ghana have disclosed that they spend a princely amount of $5 million monthly on cross-subsidy for the consumption of social fuel (premix fuel) by low-income households in the country.

Mining Coys Fight Gov’t over VAT Refund Cash

Mining July 20, 2015July 22, 2015 MASAHUDU ANKIILU 0 Comments

Mining companies operating in Ghana are livid over the government’s inordinate delays in refunding surplus Value Added Tax (VAT) worth over GHC250 million as at June 2014 to them.

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