Hot!
SML’s minerals contract an attempt to reintroduce Agyapa deal – Bright Simons
- /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://spectator.com.gh/wp-content/uploads/2024/04/WhatsApp-Image-2024-04-30-at-4.40.22-PM.jpeg&description=SML’s minerals contract an attempt to reintroduce Agyapa deal – Bright Simons', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://spectator.com.gh/wp-content/uploads/2024/04/WhatsApp-Image-2024-04-30-at-4.40.22-PM.jpeg&description=SML’s minerals contract an attempt to reintroduce Agyapa deal – Bright Simons', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
Bright Simons, the Honorary Vice President of IMANI Africa, has expressed concern about a new contract that was set to be awarded to the controversial Strategic Mobilisation Ghana Ltd (SML).
He revealed that SML had signed a contract to receive 0.75 percent of every mineral Ghana would sell if the Fourth Estate hadn’t exposed their operations.
In an interview with Bernard Avle on Citi TV’s Point of View, Mr Simons argued that the new contract was essentially an attempt to reintroduce the Agyapa deal.
“Until the Fourth Estate intervened with its exposé, and IMANI joined, this matter would not have been at the stage it is currently in. We were going to give them an additional contract, and that contract would have required that for every barrel of oil we produce in this country, we must give them 0.75 percent, that’s almost a dollar, every barrel,” he said.
According to him, “Every mineral such as gold, diamond, manganese, that every time we sell, we must give them 0.75 percent. The pattern of analysis is not about performance. Our argument is that this is Agyapa suit and tie, this is basically an attempt to reintroduce Agyapa [deal]. After Agyapa failed, that is for the upstream.”
The Agyapa royalties deal, which aimed to securitise Ghana’s mineral resources for development and cost $12 million, was abandoned due to strong opposition.
Mr Simons added that between 2016 and 2022, SML was the largest recipient of money in the energy sector.
“SML was the biggest recipient of money in the entire energy sector from the energy taxes in 2016 to 2022. Per the amount distribution…the amounts of money we paid to key agencies like Volta River Authority, Electricity Company of Ghana, out of taxes per year, compared to the about two hundred something per year they are receiving is lower,” he said.
On January 2, President Akufo-Addo commissioned KPMG to audit the contract between the GRA and SML. Following the submission of its report, KPMG disclosed that SML had been paid a total of GH¢1,061,054,778.00 from 2018 to the present.
Background
The Fourth Estate released an investigative piece in December 2023 indicting SML, the GRA, and the Ministry of Finance.
Fourth Estate accused GRA of awarding SML a 10-year contract that accrues SML $100 million annually. It also raised concerns about alleged underhand dealings.
SML, after the report was released, debunked claims of being awarded a 10-year contract duration, insisting that it has been given a 5-year contract instead.
Source: Citinewsroom.com
Attorney General and Minister for Justice, Dr. Dominic Ayine, has announced that the government has accepted the recommendation to abolish the death penalty and replace it with life imprisonment as part of the constitutional review process.
He said the proposed amendment would affect Articles 3, 13, 19 and 72 of the 1992 Constitution, with offences that previously attracted the death penalty instead carrying life imprisonment.
Dr. Ayine made the announcement on July 30, 2026, at the Jubilee House in Accra during the Government Accountability Series while outlining the government’s position on the final recommendations of the Constitution Review Committee.
According to him, the government believes the death penalty is inconsistent with the constitutional right to life and Ghana’s international human rights obligations.
He explained that the recommendation forms part of broader proposals aimed at strengthening the protection of fundamental human rights under the Constitution.
Dr. Ayine said the government had also accepted the spirit of several recommendations to expand rights relating to women, children, persons with disabilities, older persons and the youth.
He added that a comprehensive Human Rights Act would be introduced to protect these rights and provide detailed enforcement mechanisms instead of amending the entrenched provisions of the Constitution through a national referendum.
By: Jacob Aggrey
Minister for Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, has called on both local and international investors to tap into opportunities in Ghana’s tourism, hospitality and creative industries.
Speaking in an interview yesterday with World Media USA Today, the Minister said government is committed to creating a conducive investment environment to support growth in the sector.
She highlighted key investment areas including hotels, fashion, music, film production, and tourism infrastructure.
Dzifa Gomashie also encouraged Ghanaians to invest in domestic tourism to help boost the local economy.
According to her, strategic investment in tourism and the creative economy will drive economic transformation, create jobs, and position Ghana as Africa’s gateway for heritage, culture, business and investment.
“Ghana has vast opportunities across tourism, hospitality and the creative industries. We are ready and open for business,” she stated.
The Minister’s remarks come as government intensifies efforts to leverage culture and tourism as drivers of economic growth and job creation.
By Edem Mensah-Tsotorme
