Pulse Ghana is the most followed news and entertainment platform, informing and engaging young Ghanaians round the clock, providing updates by the hour.

Pulse Ghana

The Minority in Parliament has said the living conditions of Ghanaians will be worse off under the re-opening of the <a id="f2f63da2-2222-4796-8631-82370728c0f8" href="https://www.pulse.com.gh/news/local/akufo-addo-reopens-obuasi-gold-mines/3j5kjs8">AngloGold Ashanti Ghana</a>.

Re-opening Obuasi gold mines: Ghanaians will be worse off - Minority | Pulse Ghana

Emmanuel Tornyi

According to the ranking member on parliament's Mines and Energy Committee, Adam Mutawakilu, the development agreement deal is very bad and won't help Ghanaians.

President Nana Addo Dankwa Akufo-Addo on Tuesday, January 22, re-opened the Anglogold Ashanti gold mine in Obuasi, which had been effectively closed since 2014, in fulfilment of a campaign pledge he made to the people of Obuasi on 15th July, 2016, in the run-up to the 2016 general elections.

He said upon his assumption of office, a series of discussions and negotiations took place, the end-result being the re-development project of the Obuasi mine.

"In order to help Anglogold Ashanti secure the needed investment for this project, Government had to provide a number of fiscal incentives, and guarantee the stability of the project against changes in the legal environment, especially in the early years of the mine’s operations," he added.

Following the re-opening of the gold mines, the Minority has criticised the government over the deal.

In an interview on Accra-based Class FM, Adam Mutawakilu said "The most critical thing that we should have asked is: 'What are we gaining from that development agreement?' That is very critical for everybody.

"We shouldn’t just concentrate on 'we have re-opened it' when in actual fact, the agreement is not [up to] that standard that we should boast about. You'll realise that technically they all avoided talking about the fiscal regimes. What does the government or the people of Ghana stand to gain from this development agreement?

"The Mine Workers Union raised issues with respect to what we call contract mining and that it will make the workers worse off and that the government should relook at it, but the government refused. So, the people who will be engaged will be far worse off than the old AngloGold."

Re-opening Obuasi gold mines: Ghanaians will be worse off - Minority

Business

News

Entertainment

Lifestyle

Sports

Politics

Local

Filla

World

Football

Ghana Premier League

Black Stars

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Explore categories

The Pulse Influencer Awards has been set up to recognize and highlight bright lights in the influencer space in Africa who are building active engaged communities around their niche or craft.

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Ghana

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Authors | Pulse Ghana

| Pulse Ghana

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search Results | Pulse Ghana

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana