President Mahama signs Growth and Sustainability Levy (Amendment) Bill and Ghana Deposit Protection (Amendment) Bill into Law.
President John Dramani Mahama has on Tuesday, March 31, 2026, signed the three amendment bills passed by Parliament into law.
The amendment bills signed into law include the Ghana Deposit Protection (Amendment) Bill, 2025 and the Growth and Sustainability Levy (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Ghana Deposit Protection (Amendment) Bill is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions and will now expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
Touching on Growth and Sustainability Levy (Amendment) Bill, 2026 the President said:
“As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
The signing ceremony which was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang forms part of broader efforts by government in its reset agenda.
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