{"id":6436,"date":"2010-03-23T11:27:19","date_gmt":"2010-03-23T09:27:19","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6436"},"modified":"2010-03-23T11:27:19","modified_gmt":"2010-03-23T09:27:19","slug":"mining-fails-to-produce-golden-era-for-ghana","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/03\/23\/mining-fails-to-produce-golden-era-for-ghana\/","title":{"rendered":"Mining fails to produce golden era for Ghana"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/0d3e06c4-35dd-11df-aa43-00144feabdc0.html\">FT.com \/ Global Economy - Mining fails to produce golden era for Ghana<\/a>.<\/p>\n<p>As the FT notes:<\/p>\n<blockquote><p>In the past 18 years alone, miners have extracted 36m ounces of the yellow metal from Ghana&rsquo;s seams, generating about 40 per cent of export earnings. Fewer Ghanaians live in poverty now. But a third of them still cannot read, and a quarter will not see their 40th birthday.<\/p>\n<p>Tax breaks and other incentives mean that of mining revenues totalling $2.1bn last year, only $146m \u2014 or 7 per cent \u2014 was paid to the state in royalties, taxes and dividends, according to the Chamber of Mines.<\/p><\/blockquote>\n<p>The Tax Justice Network is <a href=\"http:\/\/taxjustice.blogspot.com\/2009\/06\/ghana-loses-millions-in-uncollected.html\" target=\"_blank\">active in Ghana<\/a>.<\/p>\n<p>It needs to be - as the FT notes, there is continuing injustice in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ Global Economy &#8211; Mining fails to produce golden era for Ghana. As the FT notes: In the past 18 years alone, miners have<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/03\/23\/mining-fails-to-produce-golden-era-for-ghana\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-6436","post","type-post","status-publish","format-standard","hentry","category-development"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6436"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6436\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}