Amid global fall in commodity prices, the mining industry has generated in 2015, more than $3.1 billion of Ghana’s revenues. Out of this sum, the government kept $2.6 billion (about 85%) and used the rest to settle some payments.

Ghana’s Chamber of Mines explaining how the money was used said $377.3 million have been used to pay total fiscal charge, $108 million to pay taxes on employees’ salaries and $234,000 for additional taxes. Meanwhile, dividends paid to the State stood at $13 million and taxes paid by firms at $978,000.

Ghana is Africa’s second largest gold producer behind South Africa and ahead of Mali.

Louis-Nino Kansoun