Government Needs To Consciously Engender Investment in the Mining Sector – GNASSM

The Ghana National Association of Small-Scale Miners (GNASSM), has called on the government of Ghana to prioritize investment in the sector to help sustain Ghana’s economic gains and shore up revenue in the wake of the COVID-19 outbreak.
According to the Association, apart from telecommunication services, economic growth in almost every sector has plummeted because of COVID-19.

Nonetheless, the return on investments in the mining sector remained exceptionally high and profitable, hence, the urgent need for government to map out cogent strategic investment interventions to rake in more revenue for the socioeconomic development of the people.

Mr Francis Opoku, the Public Relations Officer of the Association made the call in an interview with the media in Assin Fosu on the impact of the COVID-19 pandemic on the Small-Scale industry in Ghana. He said “Government stands to make an astronomical increase in revenue if it takes immediate pragmatic steps to invest in Small-Scale mining to expand their capacities and create more employment opportunities for all.”

He called on government to reconsider the ban on importation of excavators and also called on institutions and regulatory agencies to show commitment and find ways of being adequately resourced for the task at hand and promote sanity in the sector to minimize the associated environmental degradation, while eschewing institutional corruption and nepotism.

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