[Ashanti, Ghana (general), Ghana] Demand made — SUPREME COURT

Supply-chain Risk Briefing

1. Summary

Judicial demands related to Ghana's Supreme Court have been raised in the Ashanti region, classified as a high-grade event. Controversies over judicial bias and intensifying political conflicts present a situation that could negatively impact Ghana's governance stability.

2. Supply-chain impact

• Increased political instability: Opposition party (NDC) demands to halt Supreme Court appointments and judicial bias controversies are heightening political tensions, raising concerns about deteriorating policy consistency and regulatory predictability
• Mineral resources sector risks: Ongoing legal disputes related to Chairman Wontumi's illegal mining (Galamsey) activities are increasing regulatory environment uncertainty in Ghana's gold mining industry, a major export sector
• Construction materials supply chain: CIMAF Ghana's cement donation activities have been reported, but continued political instability may cause construction project delays and material supply disruptions
• Investment environment deterioration: Declining judicial credibility is expected to negatively impact foreign direct investment and long-term contract formation

3. Watch points

• Follow-up decisions on Supreme Court appointments: Need to track whether the current government will make additional Supreme Court appointments and the level of opposition party backlash
• Intensified illegal mining crackdowns: Monitoring required for developments in the Chairman Wontumi case and changes in Ghana government's Galamsey enforcement policies