annexc - Newmont Mining Corporation
annexc - Newmont Mining Corporation
annexc - Newmont Mining Corporation
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Annex C7 -- Socioeconomics Supplemental Information C7 - 4<br />
� Government grants include funds from the District Assembly Common Fund, Ghana<br />
Education Trust Fund, HIPC Funds and others.<br />
� Internally generated funds sources include taxes, fees and fines, licenses, rents, money<br />
from investments and business operations.<br />
Table C7-1<br />
Sources of Revenue for the Birim North District: 2002-2005 (in GH¢)<br />
Source 2002 2003 2004 2005<br />
Internally generated funds 42,510 58,650 144,637 168,675<br />
Government grants 44,667 148,400 859,991 889,127<br />
Total 87,178 207,051 1,004,629 1,057,802<br />
Source: GRRL 2008<br />
Although there has been a steady increase in internally generated funds since 2002,<br />
problems that prevent the District from collecting revenues more efficiently include:<br />
� Lack of vehicles,<br />
� Residents are not aware that they need to pay taxes and<br />
� Most of tax collectors are not equipped with current methods of revenue collection.<br />
LAND TENURE DESCRIPTION<br />
There are two main categories of land in Ghana – public or State lands and private lands. A<br />
separate category of land that falls in between these categories is “vested land.” Vested land<br />
refers to land with dual ownership where the legal interest is vested in the state and<br />
managed by the Lands Commission on behalf of the stool/skin. The beneficiary or equitable<br />
interest remains with the stool/skin. Thus, no grant of vested land can be made by the<br />
stool/skin. All such transactions are made on their behalf by the state agency managing it<br />
and revenue accrues to their benefit.<br />
Public lands refer to those acquired by the Government through legislation, in the public<br />
interest. Private lands comprise land held customarily in stools/skins for and on behalf of<br />
the land owning communities, family/clan lands and all lands owned by individuals.<br />
Families or individuals may acquire land by outright purchase or through lease over periods<br />
of time - either 50 or 90 years. The Constitution prohibits freehold transactions in land. The<br />
landless who have no money to purchase or lease land may have access to land through the<br />
sharecropping ‘abunu/abusa’ system. In the ‘abunu’ system, the produce or revenue derived<br />
from the sale of the produce is shared evenly between landowner and land user. In the<br />
‘abusa’ system, the produce from the land or derived revenue is shared such that one-third<br />
goes to the landowner and two-thirds to the land user (sharecropper). This is a common<br />
practice determined through negotiation between the user and landlord and depends on the<br />
type of crops planted.<br />
Akyem Gold <strong>Mining</strong> Project November 2008 FINAL EIS