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Ken Ashigbey laments growing foreign involvement in mining to the detriment of locals

CEO of the Ghana Chamber of Telecommunications, Dr Kenneth Ashigbey.

The Convener of the Media Coalition against Illegal Mining, Ing. Kenneth Ashigbey, has urged Ghanaians to invest heavily in industrialization especially in the mining sector to promote national development.

According to him, Ghana cannot continue to rely solely on royalties and taxes from the mining sector, as that will keep the country in a subservient position.

His concern comes in light of a report from the Business and Financial Times, which reveals that Chinese investors are interested in acquiring stakes in several major mining operations, including the Akyem Mines. Although there has been no official communication regarding this interest, it has sparked debate about the future of Ghana's strategic resources.

Speaking on JoyNews AM Show, Mr Ashigbey said, “We need to invest into [industrialization] so that we can get stakes out of it, we would own how this grows. But the challenge with the Chinese is their involvement in illegal mining. If you look at the data right from when we had Operation Vanguard going on, there are a lot of Chinese who are involved in it.”

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