Ghana: Reduced growth and sustainability levy for gold mining companies
The new law reduces the levy on gold mining companies in response to a new sliding-scale royalty regime for gold and lithium.
The government enacted the Growth and Sustainability Levy (Amendment) Act, 2026 (March 31, 2026), reducing the levy on gold mining companies following reforms to the minerals royalty framework.
The amendment lowers the growth and sustainability levy on gold mining companies from 3% to 1%, aligning the tax burden with a new sliding-scale royalty regime for gold and lithium that became effective on March 10, 2026. Under the revised system, royalty rates fluctuate based on international commodity prices, while other minerals remain subject to a flat 5% royalty rate.
For more information, contact a KPMG tax professional in Ghana:
Gordon Dardey | gdardey@kpmg.com
Kofi Frempong-Kore | kfkore@kpmg.com