Reports

PUBLIC NOTICE: UNDERSTANDING GHANA’S NEW SLIDING SCALE ROYALTY REGIME

The Minerals Income Investment Fund (MIIF) wishes to inform, holders of mining leases, restricted mining leases and small-scale mining licences, stakeholders and the general public, of the new Minerals and Mining (Royalties) Regulations, 2025 (L.I. 2517), governing the payment of mineral royalties in Ghana.

The Minerals and Mining (Royalties) Regulations, 2025 (L.I. 2517), came into force on March 10, 2026.L.I. 2517 prescribes the applicable royalty rate and the way royalty payments are to be made in respect of minerals mined in Ghana.

REJOINDER: CSO’s LAUD MIIF’S INVESTMENT IN ELECTROCHEM

FOR IMMEDIATE RELEASE

June 24, 2026

The attention of the Minerals Income Investment Fund (MIIF) has been drawn to a publication titled “CSOs Laud MIIF’s Investment in Electrochem” published in The Chronicle newspaper of June 24, 2026, which created the erroneous impression that MIIF has increased its equity investment in Electrochem Ghana Limited (EGL).

MIIF wishes to state unequivocally that the publication under the headline, “CSOs laud MIIF’s Investment in Electrochem” is factually inaccurate in that regard.

MIIF Right to Information (RTI) Request Manual

The purpose of this manual is to inform and assist the public on the organisational structure, responsibilities, and activities of Minerals Income Investment Fund (MIIF) (The Fund”), and to provide details of the types and classes of information available at MIIF, including the location and contact details of its Information Officer and internal departments.

Economic and Market Overview for the First Quarter of 2026

The Q1 2026 Economic and Market Overview examines developments in the global and Ghanaian economies, highlighting trends in inflation, interest rates, economic growth, currency performance, mining, commodities, equities, and fixed-income markets. The report notes that despite geopolitical tensions and global economic uncertainty, Ghana recorded strong economic performance, characterized by declining inflation, easing interest rates, a resilient cedi, and impressive returns on the Ghana Stock Exchange. It also reviews key developments in the mining sector, commodity price movements, banking sector performance, and government securities market, while providing an outlook on investment opportunities and risks likely to shape economic and market conditions for the remainder of 2026.

PRIVACY NOTICE

MIIF Privacy Notice

Minerals Income Investment Fund (“MIIF” or “the Fund”) is committed to protecting the privacy, confidentiality, integrity, and security of all personal and confidential information shared with us through our website, digital platforms, correspondence, engagements, applications, transactions, or any other means.

MIIF (Amendment) Act 2025, Act 1137

Get Act 1137

Access the Amended MIIF Act, 2025 (Act 1137)

Economic and Market Outlook and Strategic Investment Orientation for 2026

This report provides an outlook for global and Ghanaian financial markets in 2026
amid moderating inflation, shifting monetary policy, and ongoing geopolitical and
structural challenges. It examines key macroeconomic trends and assesses
prospects across major asset classes, including equities, fixed income, and
commodities, with emphasis on Ghana’s economic conditions. The analysis
highlights priority themes such as artificial intelligence, energy transition, and
critical minerals, and outlines key risks and opportunities to support informed
investment decision-making and strategic positioning.

Economic and Market Overview for Q4 2025

The global economy expanded in the last quarter of 2025, largely led by the manufacturing and services sectors. In
October, the Global Composite Purchasing Managers Index (PMI) Output Index recorded a gain of 1.15%, reaching 53
as opposed to 52.4 recorded in September 2025, signaling consistency with the International Monetary Fund (IMF)
projected Global GDP growth of 3% for 2025. Inflationary pressures also eased despite headwinds in trade conditions,
largely due to a downturn in export orders. The month of November, in contrast, saw a recovery and stabilization of
export orders. However, the Index posted 52.7, representing a marginal decline of 0.57% compared to the previous
seventeen-month high of 53. Manufacturing and service sectors continued to dominate global growth in November,
with the Services PMI Business Activity Index posting 53.3. India, the US and the Euro Area registered output growth
above the global average. In December 2025, the rate of global expansion softened further, largely driven by
unemployment concerns. Global PMI recorded its lowest in six months to 52. The last month of 2025 also signaled slow
demand in the coming months of 2026 as new orders marginally declined. Download this report to access more insights.

MIIF Weekly Market Update (Week of January 26, 2026)

Welcome to the weekly market update produced by MIIF!

Every Monday, we break down significant happenings in the markets – the economy, commodities, currencies and more – in a simplified way that we believe you would find useful and is easily understandable. Whether you are planning, investing or you are just curious about happenings on the financial markets, these quick insights and smart takeaways are for you.

So we urge you to check in every week and let’s get a hang of the markets together!

MIIF Weekly Market Update (Week of January 19, 2026)