By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
Business & Economy

Aligning Mining Procurement with Industrial Policy: A Perfect Way to Unlock Jobs – Expert Says

Dr. Steve Manteaw says Ghana can unlock massive manufacturing jobs by aligning mining procurement with national industrial policy, stressing that value addition requires affordable power, reliable feedstock, and strategic, not arbitrary, resource nationalism.

Sliding Scale Regime to Guarantee Ghana US$ 200M Annually, but Could Hurt Country’s Mining Appeal
Fredrick Addai Kwarteng
Nov 13, 2025

As Ghana continues its push for value addition in the mining sector, policy analyst and natural resource governance advocate Dr. Steve Manteaw is urging the government to take a more strategic, connected approach.

According to him, true value addition will remain a slogan unless the country tackles the overlooked basics, which is affordable power, adequate raw materials, and a clear link between mining procurement and industrial policy.

He believes that if Ghana can properly align its mining procurement list, which is the list of goods and services mining companies are required to source locally, with the country’s industrial policy, it could spark a wave of manufacturing growth and job creation.

Aligning Mining Procurement with Industrial Policy: A Perfect Way to Unlock Jobs – Expert Says
Dr. Steve Manteaw

The Missed Connection Between Mining and Manufacturing

Mining companies in Ghana spend billions of cedis every year buying inputs, from cement, steel, and lubricants to protective gear, cables, and machine parts.

READ ALSO

Ghana’s WASH Lobby Wants US$1.7bn From the 2027 Budget, Argues Water Is Economic Infrastructure
Ghana’s WASH Lobby Wants US$1.7bn From 2027 Budget, Argues Water Is Economic Infrastructure
PETROSOL’s 100-Station Network Shows Potential of Ghanaian Businesses to Drive Growth
Ghana’s Urban Population Reaches 58.7% as Demographic Shifts Reshape Economy

However, much of this money goes to foreign suppliers because the local manufacturing sector is too weak or unprepared to meet industry standards.

Dr. Manteaw says this disconnection is a lost opportunity.  The natural resource governance expert believes that if the government can align the mining procurement list with the country’s industrial needs, the state can deliberately build local capacity to produce many of the inputs used in mining.

“Aligning the mining procurement list with our industrial policy will unlock a great deal of manufacturing jobs for our people,” he says.

Simply put, if Ghana’s factories and small manufacturers were guided and supported to supply what the mining companies need, local industries would grow, new factories would emerge, and thousands of jobs would be created.

Aligning Mining Procurement with Industrial Policy: A Perfect Way to Unlock Jobs – Expert Says

Why Strategy, Not Sentiment, Must Drive Resource Nationalism

Ghana’s growing debate around “resource nationalism”, the idea that the country should get more from its natural resources, has often been framed emotionally.

But Dr. Manteaw warns that patriotism alone cannot build industries. “Resource nationalism must be underpinned by strategy, not arbitrariness,” he stressed.

He argues that the state can’t just wake up and demand that mining firms process minerals locally when the power is unreliable, feedstock is inadequate, and there’s no supporting industry.”

For him, without affordable electricity and the right scale of production, even the most patriotic plans for local value addition will collapse under their own weight.

Aligning Mining Procurement with Industrial Policy: A Perfect Way to Unlock Jobs – Expert Says

Affordable Power and Feedstock – The Missing Foundations

The first two factors, Dr. Manteaw says, are often ignored; affordable and reliable power, and adequate feedstock with economies of scale, are critical to any industrial drive.

Factories that could supply the mining sector often face high electricity tariffs and frequent outages, making it difficult to produce competitively.

Similarly, the lack of consistent raw materials or components means even willing manufacturers cannot meet the demand of large-scale mining operations.

He insists that if the state doesn’t solve the power problem and ensure a steady supply of raw materials, we’ll keep talking about value addition without actually adding any value.

He believes that once Ghana deliberately matches its mining procurement requirements with its industrial priorities, it will give direction to both investors and local producers. For example, if the mining procurement list emphasizes the local supply of mining equipment, the industrial policy can focus on supporting steel production and machine parts manufacturing.

Such coordination, he argues, will create predictable demand, attract investment, and help Ghana develop clusters of industries around mining towns.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article Government Moves to Cut $350m Poultry Import Bill by 2028
Next Article AI Boom Investment Makes History with $2.8 Trillion Bet, Higher Than Electricity, Dotcom Booms Ghana at Risk of “Regulatory Chaos” with AI Policy – IMANI Warns Amid Conflicting Tech Bills
- Sponsored Content -
Ad imageAd image

LATEST NEWS

Two Ghanaian ‘Chairmen’ Plead Guilty in US$100m Romance Scam and Business Email Fraud Conspiracy
Two Ghanaian ‘Chairmen’ Plead Guilty in US$100m Romance Scam and Business Email Fraud Conspiracy
Legal Insights News
Employers Push for National "Human-Centred” Automation Policy to Shield Jobs as AI and Robotics Spread
Employers Push for National “Human-Centred” Automation Policy to Shield Jobs as AI and Robotics Spread
Innovation News
Save in the Sunshine: Ghana’s Good Season Won’t Last Forever
Save in the Sunshine: Ghana’s Good Season Won’t Last Forever
Opinions
UBA Ghana Opens 2026 National Essay Competition, Offers Scholarships of Up to US$10,000
UBA Ghana Opens 2026 National Essay Competition, Offers Scholarships of Up to US$10,000
News
Mahama Urges Russia to Open Markets to African Goods as He Woos Investors
Mahama Urges Russia to Open Markets to African Goods as He Woos Investors
News

You May Also Like

Ghana Honours Textiles, Garments and Shea Workers for Driving Industrial Growth

Ghana Honours Textiles, Garments and Shea Workers for Driving Industrial Growth

The Kenkeynomics: Same Price But Bigger Ball; Kenkey Gets 15% Heavier as Patrons Get Wallet Relief

The Kenkeynomics: What the Kenkey Index Says About the Current Price of the Popular Dish

Ghana’s Investment Drive Shifts Towards Production and Global Markets

Ghana’s Investment Drive Shifts Towards Production and Global Markets

BoG’s Bold Rate Cut Unlikely to Significantly Lower Lending Rates – Economist Cautions

Economist Takes a Swipe at Government GH¢8 billion Drought Intervention, Calling It a Knee-Jerk Reaction

MTN Ghana Reports Strong 2024 Operational Growth, Except for Voice Service Lagging

MTN Ghana Reports Strong 2024 Operational Growth, Except for Voice Service Lagging

Ghana Eyes Aquaculture Growth to Cut Fish Import Bill and Create Jobs

Ghana Eyes Aquaculture Growth to Cut Fish Import Bill and Create Jobs

Cheap Fuel, Costly Power: Is Ghana’s EV Dream Stalling?

Trade Minister Warns Against Illegal Cement Imports, Confirms No Import Licences Issued Since Taking Office

Trade Minister Warns Against Illegal Cement Imports, Confirms No Import Licences Issued Since Taking Office

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

Loading Comments...
%d