Ghana Reduces Growth and Sustainability Levy Following Introduction of Sliding-Scale Royalty Regime for Gold and Lithium

According to a recent post from Ghana's Office of the President (Jubilee House), President John Dramani Mahama signed the Growth and Sustainability Levy (Amendment) Bill, 2026 into law on 31 March 2026. The legislation reverses an earlier increase in the levy rate on mining companies to 3% back to 1%. The reduction of the levy to 1% is primarily in response to the recent introduction of a new sliding-scale royalty regime for gold and lithium (spodumene). The new sliding-scale was introduced …