- Minister of Lands and Natural Resources, Samuel Abu Jinapor, announces government’s intention to remove VAT from Mineral Exploration in Ghana
- The government hopes to implement this by the end of the first quarter of 2024
- The Ghana Chamber of Mines raised concerns about the decline in exploration investments and believes a VAT exemption could improve cash flows
- Minister Jinapor emphasizes the government’s commitment to addressing this issue
- The Ghana Chamber of Mines is confident about exceeding last year’s gold production output by about 500 thousand ounces.
Source: gbcghanaonline.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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