Galamsey fight: Chiefs must rise up to name and shame, Ghana is losing much revenue — Tax Expert

Finance

Finance and Tax expert, Mr. Eric Oduro has charged traditional leaders and chiefs to expose any politician or individuals engaging in illegal mining in the country.

The call comes days after President Akufo-Addo met with the National House of Chiefs and other stakeholders at Manhyia in the Ashanti region to discuss ways of ending the menace.

Illegal mining popularly referred to as galamsey has over the years destroyed land and water bodies in Ghana, which has adversely affected living standards of people in such areas.

Speaking on Delivering On Our Promises political show on Homebase TV, Mr. Eric Oduro told Ohene Amoako (The Flagbearer) that the decision by the President to meet the traditional leaders was a step in the right direction as government cannot fight the canker without their support.

He emphasised that Ghana has lost a lot of revenue due to the activities of illegal miners as they do not pay any tax to the government.

He was, however, of the view that the meeting would go a long way for government, traditional leaders as well as other relevant stakeholders to devise strategies that can help spearhead the fight against illegal mining.

“We must sit down and reflect on the benefits of mining to the country for the past 100 years and I think that would inform us the need to support the President and government as well to end the menace,” he added.

On the IMF bailout negotiations about to conclude, Mr. Eric Oduro also backed claims that covid-19 outbreak and the Russia-Ukraine war have accounted for the current global economic crises which Ghana is no exception.

He, therefore, cautioned Ghanaian businesses to desist from unrealistic and politically motivated price hikes of goods and services as that also account for the high cost of living in Ghana.

He commended the Bank of Ghana for the many policies laid down to put the economy on track despite the global economic challenges.

He said, ” It is time to talk to our market women and businesses so as not to increase prices anyhow, because that also affect the economic standing of our country”.

 

 

Source: Modern Ghana

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