Laud Nartey Writes: The role of the Bank of Ghana in the indigenisation of mines

Although the chamber already works with the Ghana Association of Banks to create a fund where a select few of the banks and some of their suppliers and vendors will go to, the point must be made that there is a need to increase the collaboration with the banks and the central bank in that respect.

However, as the government of Ghana seeks to indigenise the mining sector as a way of ensuring that the returns remain in the country by ensuring locally-owned mining firms play a key role in the sector, this article analyses the role that the Bank of Ghana must play in ensuring the success of the localisation of the mines.

So, the country has well-qualified, top-notch mining engineers, but the point ought to be made that it doesn't take technical capacity alone to develop a mine.