Posted 2/25/2024, 10:16:56 AM
Controversial Gold Royalties Deal Rushed Through Parliament, Benefits Investors Over Ghana
- Government forced the controversial Agyapa royalties deal through parliament without proper scrutiny
- Deal would allow private investors to benefit more than Ghana from the country's gold royalties
- No expiry date or limit on the gold deposits included means investors would control royalties from future discoveries
- Bright Simons of IMANI Africa gave a 28-minute presentation explaining why the deal is bad for Ghana
- In 2020 the deal was met with widespread criticism from civil society groups and opposition