By: Isaac Kwabena Boadu Date: 1st April, 2016
President John Dramani Mahama has given his assent to five pivotal bills, set to revolutionize Ghana’s security, education, and financial sectors.
The newly enacted laws include the Security and Intelligence Agencies Act, 2026, which streamlines security oversight by abolishing the Minsiter of National Security and allowing the President to designate any minister to lead the National Security Council. The law also reinstates the Bureau of National Intelligence (BNI) name which was formerly the National Investigations Bureau.
The University of Engineering and Agricultural Sciences Act, 2026, paves the way for a public university in Eastern Region, with the laiddowm framework for the management and administration of the university with campuses in Bonsu, Ohawu, and Acherensua.
The Ghana Deposit Protection (Amendment) Act, 2026, strengthens protection for digital assets by extending coverage to mobile money wallets and other digital financial platforms. This move is expected to boost confidence in Ghana’s digital economy.
The Growth and Sustainability Levy (Amendment) Act, 2026, reduces the levy on mining companies from 3% to 1%, introducing a sliding scale for royalties. This change aims to revitalize Ghana’s mining sector, attracting investment and creating opportunities for economic growth.
Lastly, the Education Regulatory Bodies (Amendment) Act, 2026, empowers private tertiary institutions by granting them greater autonomy. This law enables them to obtain charters with greater ease, fostering innovation and excellence in Ghana’s education sector.
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