Omanghana
President John Dramani Mahama has assented to five major bills passed by Parliament, officially signing them into law as part of a broader reform agenda targeting national security, education, and financial protection.
One of the key enactments is the Security and Intelligence Agencies Act, 2026, which abolishes the Office of the Minister of National Security and grants the President flexibility to assign oversight of security agencies to any designated minister. The law also restores the name of the National Intelligence Bureau to the Bureau of National Intelligence to eliminate confusion with similarly named financial institutions.
In the education sector, the University of Engineering and Agricultural Sciences Act, 2026, establishes a new public university. The institution will have its main campus in Bonsu in the Eastern Region, with additional campuses planned for Ohawu in the Oti Region and Acherensua in the Ahafo Region, expanding access to specialized higher education across the country.
Financial sector reforms are addressed through the Ghana Deposit Protection (Amendment) Act, 2025, which extends deposit insurance coverage to mobile money wallets and other digital financial platforms. This move is expected to strengthen confidence in Ghana’s rapidly growing digital finance ecosystem by safeguarding users’ funds.
The Growth and Sustainability Levy (Amendment) Act, 2026, introduces changes to the taxation framework for the mining sector by reducing the levy on gold mining companies from 3 percent to 1 percent. The adjustment forms part of a revised royalty structure aimed at improving transparency and encouraging investment.
Additionally, the Education Regulatory Bodies (Amendment) Act, 2026, revises requirements for private tertiary institutions by making a charter optional. This removes the previous mandatory six-year timeline for affiliated institutions to obtain full charter status, offering greater flexibility within the higher education system.
These legislative actions form part of President Mahama’s broader “Resetting Ghana” agenda following his return to office in January 2025. The reforms are intended to modernize governance structures, expand educational opportunities, and strengthen economic resilience.
The signing ceremony at Jubilee House was attended by senior government officials, including Vice President Jane Naana Opoku-Agyemang and Finance Minister Cassiel Ato Forson, underscoring the administration’s commitment to advancing its policy priorities.
Source: Omanghana
