President John Dramani Mahama has signed five bills into law, including three amendment bills passed by Parliament, in a ceremony at the Presidency. According to President Mahama, the new laws are aimed at strengthening the country’s security, education, and financial sectors.
The Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and allows the President to appoint any Minister to supervise the security agencies. The Act also reverses the name of the National Intelligence Bureau (NIB) to its original name, Bureau of National Intelligence (BNI), to avoid confusion with the National Investment Bank.
The University of Engineering and Agricultural Sciences Act, 2026, establishes a new university in the Eastern Region, with three campuses located at Bonsu, Ohawu, and Acherensua. The Ghana Deposit Protection (Amendment) Act, 2026, expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The Growth and Sustainability Levy (Amendment) Act, 2026, reduces the levy on mining companies from 3% to 1%, following the introduction of a sliding scale of royalties. The Education Regulatory Bodies (Amendment) Act, 2026, grants greater flexibility to private tertiary institutions and the option to Charter.
President Mahama emphasized that the new laws are aimed at promoting development and improving the lives of Ghanaians. The signing ceremony was witnessed by senior government officials, including the Vice President, Professor Jane Naana Opoku Agyemang, and the Minister of Finance, Dr. Cassiel Ato Baah Forson.
Source: #ResettingGhana
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Author: Stella Sunu
