TIG Post

Author: Andy Ogbarmey-Tettey

  • Engine overheating cause of trailer fire incident at Amanse – GNFS

    Engine overheating cause of trailer fire incident at Amanse – GNFS

    A fire outbreak involving a Scania trailer at Amanase on the Accra-Kumasi Highway was caused by engine overheating, preliminary investigations have revealed.

    Firefighters from the Suhum Municipal Fire Station arrived at the scene within five minutes of receiving the distress call and found the front section of the trailer engulfed in flames. Their swift intervention brought the fire under control and prevented further destruction.

    According to the driver, the incident began when he noticed smoke appearing on the dashboard before flames erupted from the engine compartment.

    Although the fire damaged the trailer’s head and tyres, no casualties were recorded. Authorities are advising drivers to conduct regular engine checks to prevent similar occurrences.

  • Proper management of buffers for all sectors will end IMF-dependence – Economist

    Proper management of buffers for all sectors will end IMF-dependence – Economist

    Economist and member of the National Economic Dialogue Planning Committee, Professor John Gatsi, has underscored the importance of financial buffers across all sectors of the economy to break Ghana’s reliance on International Monetary Fund (IMF) support.

    He argues that repeated IMF bailouts stem from poor economic management, stressing that long-term financial stability hinges on building strong economic safeguards.

    “It is not magical for anybody to say we will not go to the IMF again. What has been leading us to the IMF is poor management. If we are able to build the correct buffers for all the sectors, I believe we will be solid,” Professor Gatsi stated in an interview with Citi Business News.

    Despite gaining independence 68 years ago, Ghana’s economy remains prone to crises, with frequent reliance on external financial aid. The country has sought IMF assistance 17 times, the latest being a $3 billion Extended Credit Facility (ECF) secured in 2022 to address fiscal challenges.

    While the IMF-backed program aims to restore economic stability and ensure debt sustainability, questions remain about Ghana’s ability to maintain financial independence in the long run.

    Professor Gatsi, who also serves as the Dean of the University of Cape Coast Business School, insists that Ghana must move away from this cycle by implementing proactive measures to shield the economy from shocks.

    “We will not be drifting towards the IMF at the least financial distortions or at the least threat that is directed towards the finances of this country. We will be robust, solid, and we will be relying on the buffers that we build rather than going to the IMF,” he added.

    He further emphasized that achieving this goal requires disciplined fiscal policies, stronger domestic revenue mobilization, prudent debt management, and strategic investments in productive sectors to sustain economic growth.

  • Two-bedroom apartment at Gomoa Onyandze destroyed by fire

    Two-bedroom apartment at Gomoa Onyandze destroyed by fire

    A fire outbreak at Gomoa Onyandze, near the Apam-Winneba road, has completely destroyed a two-bedroom self-contained apartment.

    The Apam Fire Station received an emergency call alerting them to the blaze and immediately dispatched a team to the location at 9:23 p.m. Upon arrival, firefighters found the structure engulfed in flames and quickly requested reinforcement.

    The Winneba Fire Appliance was deployed to assist in battling the inferno.

    Through a coordinated effort, the fire was successfully brought under control at 10:43 p.m., preventing it from spreading to nearby homes. The swift intervention of the fire personnel helped minimize damage and protect lives.

    Authorities are currently assessing the cause of the fire and urging residents to take precautionary measures to prevent similar incidents.

  • Education Minister, Dr. Louisa Satekla discuss inclusion of oral health education into national curriculum

    Education Minister, Dr. Louisa Satekla discuss inclusion of oral health education into national curriculum

    Dr. Louisa Ansong-Satekla, Ghana’s celebrated dental surgeon and public health advocate, has engaged the Minister for Education, Haruna Iddrisu some key policy recommendations by the World Dental Federation.

    Among this is the inclusion of oral health education into the national curriculum and commemoration of World Oral Health Day in schools.

    According to Dr. Louisa Ansong-Satekla, during the courtesy call earlier this week, the Education Minister “pledged his support for some of the recommendations made.”

    The FDI World Dental Federation in February announced Dr. Louisa Ansong-Satekla as its Global Ambassador for an unprecedented fourth consecutive year, ahead of the 2025 World Oral Health Day (WOHD) campaign.

    The 2025 campaign, rallying under the slogan “A Happy Mouth is a Happy Mind”, aims to spotlight the profound connection between oral health and overall well-being, urging global audiences to prioritize self-care through proactive dental hygiene.

    Dr. Ansong-Satekla, a renowned dental surgeon and public health practitioner, will lead efforts to amplify this year’s message that oral health is foundational to mental resilience and physical vitality.

    World Oral Health Day (WOHD) is celebrated every year on 20 March. It is an international day to celebrate the benefits of a healthy mouth and to promote worldwide awareness of the issues around oral health and the importance of oral hygiene to looking after everyone old and young.

    https://twitter.com/drlouisa_s/status/1897932090131275910

  • Reduce $2bn food import bill by investing in agriculture – PFAG to govt

    Reduce $2bn food import bill by investing in agriculture – PFAG to govt

    The Peasant Farmers Association of Ghana (PFAG) has called on the government to make strategic investments in the agricultural sector to reduce the country’s staggering $2 billion annual food import bill.

    The association insists that Ghana has the capacity to produce a significant portion of its imported food items locally if the right policies and support systems are put in place.

    Acting Executive Director of PFAG, Bismark Nortey, emphasized the need for urgent policy interventions to boost productivity and lower the cost of food production.

    Speaking to Citi Business News, he noted that the high cost of agricultural inputs and services is a major contributor to food price inflation in the country.

    “Currently, one of the major causes of high cost of food is the fact that we are spending so much on production. We are spending so much on cost of input and agricultural services. These are because these things are so high. If the government can find a mechanism to either subsidize or reduce the prices of these inputs, then we can produce at low cost and that will translate into high productivity,” he said.

    Nortey further highlighted the pressing need for improved access to mechanized farming to replace the outdated reliance on manual labor.

    “If you go to a lot of farming districts, they have no access to mechanization, so we are still using the hoe and cutlass which is not helping,” he stated.

    He stressed that with targeted investments in smallholder farming, infrastructure, and all-year-round agricultural production, Ghana could significantly cut down on its food imports and strengthen its food security.

    “If we are able to invest in agriculture, we are able to invest in smallholder farming and infrastructure, I am sure the kind of monies that we spend on importing the food we have the capacity to produce…we are one step away from reducing our dependence on that food import,” he added.

    The PFAG believes that prioritizing agriculture through policy reforms and financial support would not only ease Ghana’s reliance on imported food but also create jobs, enhance food security, and strengthen the local economy.

  • Ultra-modern Multimedia Centre in Nigeria named after Anas

    Ultra-modern Multimedia Centre in Nigeria named after Anas

    In a historic move to promote investigative journalism, North Eastern University (NEU) in Gombe, Nigeria, has unveiled an ultra-modern multimedia centre named after Ghanaian investigative journalist and lawyer, Anas Aremeyaw Anas.

    The centre, a first of its kind in the region, is dedicated to fostering fearless journalism and enhancing multimedia storytelling.

    The facility, officially named the Anas Aremeyaw Anas Multimedia Contents Creation and Innovation Centre, was commissioned during the International Conference on Trends in Investigative Journalism in Northern Nigeria, a one-day event jointly organized by WikkiTimes, NEU, and the Tiger Eye Foundation Ghana.

    Equipped with advanced audio and video production zones, professional recording equipment, green screens, and DSLR cameras, the centre is designed to provide journalists with cutting-edge resources. It also features sections for graphics, animation, and photography, high-performance computers for digital content creation, live streaming and virtual reality labs, as well as motion capture technology for immersive storytelling. Secure storage systems ensure data protection, while ergonomic workspaces promote efficiency and creativity.

    Anas, renowned for his undercover investigative work exposing corruption, joined top academics and media professionals to inaugurate the facility. He described the recognition as a major step toward inspiring the next generation of journalists.

    “I hope to see, in the coming years, courageous journalists whose work will stand the test of time and shine a light on corruption in our society,” he said.

    Delivering a keynote address, Anas emphasized the responsibility of journalism in fostering positive societal change.

    “There is no point in doing journalism if it does not benefit society. Our investigative journalism should be tailored toward uplifting communities and fostering development. If we fail to do this, then we have failed as journalists,” he asserted.

    He also highlighted the challenges of the profession, cautioning aspiring journalists about its demands.

    “You have to psyche yourself. It’s like a heated kitchen—if you don’t have the energy to stand the heat, you get out.”

    WikkiTimes, an independent investigative news platform, played a key role in the event. Co-publisher Ajibola Amzat revealed that since its establishment in 2018, the publication has faced multiple lawsuits but remains resolute in its mission to expose corruption and promote accountability.

    “We founded WikkiTimes to bring about change in Northern Nigeria. Despite legal battles and threats, we continue to hold power accountable. I call on stakeholders and the academic community to support our efforts to ensure transparency and good governance,” Amzat stated.

    Haruna Mohammed, another co-publisher of WikkiTimes, reiterated the organization’s dedication to nurturing fearless journalists.

    “We are committed to nurturing fearless journalists who will hold power to account and promote developmental journalism,” he said.

    Professor Umaru Pate, Vice Chancellor of Federal University Kashere, underscored the urgent need for investigative journalism in tackling corruption, which he described as a major hindrance to Nigeria’s development.

    “Corruption is a multifaceted problem that hinders our nation’s progress. We must retrace our steps and change the way we operate if we are to overcome these challenges,” Pate noted.

    Dr. Hamid Adamu Mohammed, Dean of the School of Communication, Management, and Social Sciences at NEU, emphasized the importance of investigative journalism in addressing pressing issues in Northern Nigeria.

    “The North is grappling with numerous issues that require in-depth investigative reporting. Most investigations focus on government corruption, but other critical areas—such as the activities of clerics and traditional institutions—remain underreported,” he observed.

    He also stressed the need for journalists to incorporate local languages in their reporting to ensure broader audience engagement.

    Victoria Bamas, Editor at the International Centre for Investigative Reporting, highlighted the need for greater female representation in journalism.

    “Women’s voices are often marginalized in our societies. We need to amplify these voices and strive for gender balance in newsrooms to ensure that all perspectives are represented,” she said.

    The commissioning of the Anas Aremeyaw Anas Multimedia Studio represents a landmark moment for investigative journalism in Nigeria, equipping the next generation of journalists with the tools and training necessary to drive accountability and transparency.

  • Ntim Fordjour reacts to reinstatement of dismissed GES staff

    Ntim Fordjour reacts to reinstatement of dismissed GES staff

    Member of Parliament (MP) for Assin South and former Deputy Minister of Education, Rev. John Ntim Fordjour, has expressed his commitment to ensuring that all teachers who were unjustly dismissed from their positions are fully reinstated.

    His remarks come in response to the Ghana Education Service’s (GES) directive to reinstate affected teachers whose appointments were revoked.

    In a post on X on Thursday, March 6, Ntim Fordjour acknowledged the role of the Minority in Parliament in advocating for the reinstatement of the teachers.

    “After a forceful collective advocacy of the Mighty Minority, the Director-General of GES has done the needful. We will monitor to ensure all teachers who were unfairly and insensitively terminated are reinstated,” he stated.

    He also commended the Director-General of GES for taking the necessary steps to address what he described as an injustice against the affected teachers.

    Reaffirming his dedication to fairness in the education sector, Ntim Fordjour emphasized that the fight for justice would continue until all those who have suffered similar mistreatment are fully restored to their rightful positions.

    “The fight continues unabated until all our hardworking citizens who suffered similar injustices are fully restored,” he declared.

  • GHS’ Regional Health Directors reassigned

    GHS’ Regional Health Directors reassigned

    The Ghana Health Service (GHS) has announced a comprehensive reshuffling of its Regional Health Directors, aimed at enhancing healthcare service delivery across the country.

    The reassignments, which take effect on April 14, 2025, are part of broader efforts to strengthen leadership within the health sector and align with the GHS’ strategic objectives.

    The new appointments will see experienced health professionals taking on new roles across various regions and at the GHS headquarters. Notable among the changes is Dr. Samuel Kwabena Boakye-Boateng, who transitions from his role as Upper East Regional Director of Health Services (RDHS) to serve as the Director of Policy, Planning, Monitoring, and Evaluation Division (PPMED) at the GHS headquarters.

    Additionally, Dr. Kennedy T.C. Brightson, formerly the Medical Superintendent at Shai-Osudoku Municipal Hospital, assumes the role of Acting Director of Family Health at the GHS headquarters, while Dr. Abdulai Abukari, previously the Northern Region’s RDHS, takes up a new position as Director of Special Duties at the headquarters.

    Several Regional Health Directors have also been reassigned to new regions. Dr. Alberta Adjebeng Biritwum-Nyarko (Mrs.), who previously served at the PPMED division, will now lead as RDHS for the Central Region. Meanwhile, Dr. Marion Okoh-Owusu, formerly with the Family Health Division at the headquarters, has been appointed RDHS for Bono East.

    Other notable reassignments include:

    • Dr. Braimah Baba Abubakari, formerly RDHS for North East, now heading the Upper East Region.
    • Dr. Damien Punguyire, previously in charge of the Upper West Region, moving to the Eastern Region.
    • Dr. Josephat Ana-Imwine Nyuzaghi, transitioning from the Savannah Region to Upper West as RDHS.
    • Dr. Emmanuel Atsu Dodor, shifting from Ahafo to Volta Region as RDHS.
    • Dr. Akosua A. Owusu-Sarpong (Mrs.), moving from Greater Accra to Ahafo as RDHS.
    • Dr. Chrysantus Kubio, taking over the Bono East RDHS role after serving in the Volta Region.
    • Dr. Paulina Clara Appiah, relocating from Bono East to Western North as RDHS.
    • Dr. Godfred Kwabena Sarpong, moving from Western North to the Northern Region.
    • Dr. John Ekow Otoo, formerly Medical Director at Upper West Regional Hospital, now RDHS for North East.
    • Dr. Robert Amesiya, stepping in as Acting Regional Director for Greater Accra after serving as RDHS for Savannah.

    The GHS has emphasized that these leadership changes are crucial in ensuring efficient healthcare administration and addressing evolving health challenges nationwide.

  • Ashanti Regional Minister supports Odumase explosion victims

    Ashanti Regional Minister supports Odumase explosion victims

    Ashanti Regional Minister, Dr. Frank Amoakohene, has extended support to victims of the devastating explosion that rocked Odumase, near Konongo, in the Asante Akyem Central Municipality.

    The tragic incident, which claimed three lives and injured several others, also left dozens of homes in ruins.

    During a visit to the affected community, Dr. Amoakohene expressed deep concern over the scale of destruction.

    “I received briefings last night that there was an explosion here at Odumase. Preliminary information suggests that someone was selling explosives at home, and due to the rainstorm, something triggered it, leading to the explosion,” he explained.

    The explosion, which destroyed 30 houses, has displaced many families. In response, the minister assured victims of government intervention and instructed the National Disaster Management Organisation (NADMO) to expedite relief efforts.

    “We have instructed NADMO to give us a comprehensive report on the affected households so we can determine how best to intervene,” he noted.

    Beyond addressing the immediate aftermath of the explosion, Dr. Amoakohene also turned his attention to another pressing issue in the community—the deteriorating state of a key bridge, which has reportedly been weakened by mining activities.

    “I have received complaints about a falling bridge. This looks like a hanging town because a mining tunnel runs through it, and the bridge is giving way. I am thankful to the leadership for closing it, and I have cautioned against the use of motorcycles and tricycles on it,” he stated.

    He assured residents that he would alert the Roads Minister and arrange for engineers to assess and repair the structure as soon as possible.

    Meanwhile, police investigations into the explosion are ongoing, with reports indicating that those responsible for selling the explosives have fled.

    “No arrests have been made yet. I am told that the people operating the shop have absconded, but the police are investigating seriously. We must ensure that such incidents do not happen again,” Dr. Amoakohene emphasized.

    Authorities have urged community members to provide any relevant information that could help apprehend those involved in the illegal sale of explosives.

  • Police manhunt culprits in tragic explosion at Odumase

    Police manhunt culprits in tragic explosion at Odumase

    Security agencies have launched a manhunt for individuals linked to a devastating explosion at Odumase, near Konongo, in the Asante Akyem Central Municipality of the Ashanti Region.

    The blast, which authorities suspect was triggered by the sale of explosives in a residential area, claimed three lives, left several injured, and destroyed multiple properties.

    Ashanti Regional Minister, Dr. Frank Amoakohene, visited the affected site and described the incident as deeply concerning.

    “I received briefings last night that there was an explosion here at Odumase. Preliminary information suggests that someone was selling explosives at home, and due to the rainstorm, something triggered it, leading to the explosion,” he stated.

    According to officials, the explosion razed 30 houses, rendering many homeless. In response, Dr. Amoakohene assured victims of the government’s commitment to relief efforts, instructing the National Disaster Management Organisation (NADMO) to assess the extent of the destruction.

    “We have instructed NADMO to give us a comprehensive report on the affected households so we can determine how best to intervene,” he added.

    Meanwhile, concerns about the safety of a collapsing bridge in the area, reportedly weakened by mining activities, have also come to light. The minister acknowledged the urgency of the matter and commended local authorities for restricting access to the deteriorating structure.

    “I have received complaints about a falling bridge. This looks like a hanging town because a mining tunnel runs through it, and the bridge is giving way. I am thankful to the leadership for closing it, and I have cautioned against the use of motorcycles and tricycles on it,” he noted.

    He pledged to notify the Minister for Roads and arrange for engineers to assess and address the problem.

    Meanwhile, police investigations into the explosion continue, with reports indicating that the operators of the illicit explosives business have fled.

    “No arrests have been made yet. I am told that the people operating the shop have absconded, but the police are investigating seriously. We must ensure that such incidents do not happen again,” Dr. Amoakohene emphasized.

    Authorities have urged residents to report any information that could aid in apprehending those responsible.

  • Expedite work on Ofonkor-Nsawam project, 3 others in Accra – Roads Minister orders contractors

    Expedite work on Ofonkor-Nsawam project, 3 others in Accra – Roads Minister orders contractors

    Minister for Roads and Highways, Kwame Agbodza, has directed contractors working on four major road projects in the Greater Accra Region to speed up construction efforts.

    The affected projects include the Ofankor-Nsawam road, Tema Motorway extension, Tema-Akosombo road, and Tema-Aflao road.

    During an inspection tour on Wednesday, Mr Agbodza expressed dissatisfaction with the slow progress of work on three of the projects—Ofankor-Nsawam, Tema-Akosombo, and Tema-Aflao. He urged contractors to accelerate work and improve conditions on unpaved sections to minimize the inconvenience faced by motorists.

    He specifically instructed contractors to address the deteriorating portions of the roads and ensure regular watering to reduce dust and improve road safety.

    Acknowledging the current economic challenges, the Minister assured that these projects remain a top government priority.

    “Despite financial constraints, we are committed to ensuring that these roads are completed. Funding will be provided to keep the projects on track,” he stated.

    Motorists and commuters have voiced frustrations over construction delays, citing prolonged inconveniences and road congestion.

    Ing. Abdulai Mahama, Project Manager for the Ofankor-Nsawam Junction rehabilitation project, attributed the delays to compensation disputes, utility relocation issues, and ongoing legal cases.

    He disclosed that property owners, especially around the Amasaman two-tier interchange, have contested compensation valuations, stalling payments and further delaying progress.

    “In addition to logistical challenges, we are currently handling about 80 court cases related to land and compensation disputes, which have affected the project timeline,” Ing. Mahama explained.

    Despite these setbacks, the government remain committed to completing the projects and ensuring they are fully accessible to the public as soon as possible.

  • GES sets March 14 deadline for verification of revoked appointments

    GES sets March 14 deadline for verification of revoked appointments

    The Ghana Education Service (GES) has instructed all staff whose appointments were recently revoked to undergo a mandatory verification process by March 14, 2025.

    This exercise aims to streamline the payroll system by ensuring that only properly recruited personnel remain on record.

    In a letter dated March 5, 2025, GES referred to an earlier communication issued on February 17, 2025, regarding the annulment of certain appointments. The latest directive requires affected individuals to take part in a validation process overseen by a three-member regional committee consisting of the Regional Human Resource Officer, Regional Internal Auditor, and Regional Accountant.

    To facilitate the verification, affected staff must present the following documents:

    1. Appointment Letter
    2. Academic Certificate
    3. Licensure Certificate
    4. National Service Certificate

    The Acting Director-General of GES, Prof. Ernest Kofi Davis, reiterated the importance of the exercise, urging all affected personnel to comply.

    “This validation is crucial to maintaining an accurate and up-to-date payroll database,” he stated.

    GES has assured that the process will be conducted efficiently and has called for the full cooperation of all individuals involved.

  • No school for students on March 7 – GES declares

    No school for students on March 7 – GES declares

    The Ghana Education Service (GES) has declared Friday, 7th March 2025, a holiday for all schoolchildren nationwide.

    The decision comes in recognition of the effort students put into preparing for Ghana’s 68th Independence Day celebrations, allowing them a well-earned day of rest.

    In an official statement, GES confirmed that academic activities will resume on Monday, 10th March 2025.

    Parents and guardians have been advised to take note of the schedule adjustment and plan accordingly.

    The education service also acknowledged any inconvenience the holiday might cause but emphasized its importance in ensuring students recover from the demands of the celebrations.

    GES on March 7Download
  • Actions will break chain of dependency, not rhetoric of Africa is beyond aid – Mahama

    Actions will break chain of dependency, not rhetoric of Africa is beyond aid – Mahama

    President John Dramani Mahama has stressed that Ghana’s economic independence cannot be achieved through slogans and repeated rhetoric but must be driven by concrete actions.

    Addressing the nation at the 68th Independence Day celebration at the Jubilee House on March 6, 2025, Mahama pointed out the ongoing debate over Ghana’s reliance on imports, donor aid, and IMF bailouts.

    He cautioned that while these concerns are valid, continuously voicing them without real solutions risks reducing them to mere clichés. He criticized the contradiction of calling for self-sufficiency while still depending on external financial assistance.

    “Discussions about our independence often highlight our reliance on imports, donor aid, and IMF bailout as signs of continued dependency. This reminder is repeated so often that, while undeniably real, it risks becoming a cliché.

    “Yet the entire efficacy of this reminder lies not in just repeating it but in our willingness to take decisive action. Actions that will break the chain of dependency, not just the empty rhetoric of Africa that is beyond aid.

    “Proclaiming self-reliance while matching straight but into the hands of the donor agencies, begging bowl in hand, is meaningless,” he stated.

    To address these challenges, Mahama reaffirmed his administration’s commitment to restoring economic stability by enforcing fiscal discipline and fostering self-sufficiency.

    “To break this cycle of spenders and restore our economy, my administration is formulating policies based on fiscal discipline and living within our means,” he stated.

  • Communications Minister announces 6GB Independence Day bundle for GHC10 by Telcos

    Communications Minister announces 6GB Independence Day bundle for GHC10 by Telcos

    The Minister of Communications, Digital Technology, and Innovations has announced a special Independence Day data bundle offer that will allow Ghanaians to purchase 6GB of data for just GHC10.

    This initiative, introduced in collaboration with telecommunications companies, aims to provide more affordable internet access to citizens.

    Speaking on the significance of the offer, the minister emphasized the government’s commitment to expanding digital opportunities across the country.

    “This initiative highlights our dedication to building the enablers for a truly digitalised Ghana, offering Ghanaians the vast opportunities of an interconnected world, all from the comfort of their homes,” he stated.

    Beyond the discounted data package, the ministry is set to unveil a broader strategy on Friday, outlining both short- and long-term measures to further reduce internet costs nationwide.

    This effort aligns with the government’s goal of ensuring that all Ghanaians can access affordable and reliable internet services.

  • We must forge ahead, not despair in time of economic challenges – Mahama urges citizens

    We must forge ahead, not despair in time of economic challenges – Mahama urges citizens

    President John Dramani Mahama has called on Ghanaians to remain steadfast and committed to national progress despite the economic hardships facing the country.

    Delivering an address from the Jubilee House to mark the 68th Independence Day celebration, the president emphasized the need for resilience, drawing inspiration from the struggles and triumphs of Ghana’s founding leaders.

    “In recent years, poor choices have stunted our prospects and left us reeling from serious challenges. This stark reality, far from dampening our spirit, must spur us on to strive for rapid development,” he stated.

    “For if our forebears with far less did not permit their backs to be broken by repressive and exploitative colonial administration, representing an imperial power, how can we, their progenies armed with far more, despair in the face of these challenges?” he added.

    He stressed the importance of unity, perseverance, and a collective commitment to rebuilding Ghana, reaffirming his administration’s vision for the country’s future.

    “As I said before Parliament, we shall live the dreams of our forebears in our lifetime. This is not just a promise; it is a call to action,” he declared.

    Mahama’s remarks echoed the theme of this year’s Independence Day celebration, “Reflect, Review, and Reset,” which underscores the need for national introspection and a renewed sense of purpose.

    “Let this be our mission—to rise above fear, silence the voices of doubt, harness the strength within us, and create a future that is fair, prosperous, and inclusive,” he urged.

    His message comes at a time when Ghana continues to grapple with economic difficulties. The country’s macroeconomic crisis in 2022 has significantly impacted poverty levels, with an estimated 30.3% of Ghanaians living in poverty as of 2023.

    Ghana’s public debt has soared to GHS721 billion due to excessive borrowing, contributing to rising inflation and cedi depreciation. The government spent GHS6.1 billion on debt servicing in February 2025 alone and is projected to pay GHS180 billion next year, according to Felix Kwakye Ofosu, Minister-designate for Government Communications and spokesperson for the president.

    Economic analysts and stakeholders have urged the government to implement bold tax policy measures and reforms to improve fiscal stability and restore investor confidence.

    Government is set to provide the 2025 budget and economic statement to inform the citizens on the path ahead in ensuring economic recovery.

  • Kia truck catches fire at Kyekyewere

    Kia truck catches fire at Kyekyewere

    A Kia truck transporting turpentine went up in flames after an accident at Kyekyewere on the Suhum-Nsawam highway in the Ayensuano District of the Eastern Region.

    The vehicle was completely burnt beyond recognition following the incident.

    Eyewitnesses say the truck, which was traveling from Accra to Suhum, attempted to overtake a fuel tanker but lost control, overturning in the middle of the road.

    Residents swiftly intervened, rescuing the driver and his mate before rushing them to the hospital. However, while efforts were underway to offload the truck’s cargo, it suddenly caught fire, spreading rapidly and engulfing the entire vehicle.

    An eyewitness narrated, “This morning while heading to work, I saw people gathered around the truck. Its tire had burst, and we noticed smoke coming out. Before we could get close, the truck burst into flames. Fortunately, the driver and his mate were taken to the hospital.”

    The cause of the fire remains unknown, but the incident led to heavy traffic congestion on the highway as authorities worked to clear the wreckage.

  • Govt spent GHC1m out of GHC20m allocated for 68th Independence celebration – Mahama

    Govt spent GHC1m out of GHC20m allocated for 68th Independence celebration – Mahama

    President John Dramani Mahama has disclosed that his administration significantly reduced the budget for Ghana’s 68th Independence Day celebration, spending just GHC1 million out of the estimated GHC20 million initially allocated for the event.

    Addressing the nation from the Jubilee House, the President explained the rationale behind the cost-cutting measure, emphasizing the need for financial prudence during the current economic climate.

    “The state spent GHC15 million on last year’s celebration in Koforidua and spent GHC13.7 million on the previous year’s celebration in Ho in the Volta Region. This year, we receive estimates of at least GHC20 million for holding the event at the Independence Square on the same scale as the previous years,” he said.

    “In a year when we are calling on all to sacrifice, including workers who have graciously accepted the base pay adjustment far below the rate of inflation, it is unconscionable to spend that kind of money on a few hours of celebration. Today’s event will save us 95% of the estimated cost of the event,” the president added.

    He stressed that reducing the budget did not diminish the significance of Ghana’s independence but was a necessary adjustment in line with the country’s economic realities.

    This year’s celebration, themed “Reflect, Review, Reset,” called for a moment of national introspection as Ghana charts its socio-economic future. A new official logo was also unveiled, symbolizing the country’s resilience and aspirations.

    Despite the scaled-down nature of the event, key traditions were upheld, including a Military Guard of Honour inspection, cultural performances, and a poetry recital from a senior high school student.

    Ten schools—six basic schools and four senior high schools, including Accra Wesley Girls and St. Mary’s SHS Cadet—participated in the march past.

    The event was graced by dignitaries, including traditional rulers, religious leaders, students, political party representatives, and members of the business community.

  • MTN Ghana’s 7th annual general meeting of shareholders slated for March 27

    MTN Ghana’s 7th annual general meeting of shareholders slated for March 27

    MTN Ghana has announced that its 7th Annual General Meeting of Shareholders will take place on Thursday, March 27, 2025, at 11:00 AM GMT.

    The meeting will be held in a hybrid format, allowing shareholders to participate either in person at the Accra International Conference Centre or virtually via live streaming at https://mtnghagm.com.

    The AGM will cover key agenda items, including a review of the company’s audited financial statements for the year ended December 31, 2024. Shareholders will also consider the Directors’ and Auditors’ reports for the period under review.

    Additionally, the company will propose the declaration of a final dividend for the 2024 financial year. Another major item on the agenda will be the re-election and appointment of Directors. The board has put forward the re-election of Sugentharen Perumal, Fatima Daniels, Ebenezer Twum Asante, and Tsholofelo Molefe as Directors. Shareholders will also consider the appointment of Nosisa Fubu as a new Director.

    The meeting will further seek approval for the Directors’ fees for the 2025 financial year and authorization for the board to determine the remuneration of the company’s Auditor for the same period.

    The AGM provides an opportunity for shareholders to engage with the leadership of MTN Ghana on the company’s performance and strategic direction moving forward.

  • There are fewer than 60 presidential staffers working at the Presidency – Felix Kwakye Ofosu

    There are fewer than 60 presidential staffers working at the Presidency – Felix Kwakye Ofosu

    Minister of State in charge of Government Communications, Felix Kwakye Ofosu, has informed Parliament that the number of presidential staffers currently working at the Presidency is below 60, alongside fewer than 60 Ministers and Deputy Ministers.

    Addressing lawmakers, Kwakye Ofosu emphasized the government’s commitment to reducing unnecessary expenditures and maintaining a lean administration.

    He assured that President Mahama remains dedicated to keeping the number of ministers below 60, a stark contrast to the 337 political appointees under the previous Akufo-Addo administration.

    “If you move from 123/125 ministers to 60 ministers, Mr Speaker, that means that you are going to buy 60 less Land Cruisers. You are going to buy 60 less salon cars. You will need to provide 60 less bungalows. You will need to provide 60 less sets of political aids and research assistants and what have you.”

    “Mr Speaker, President Mahama has not limited himself to just reducing the number of ministers. In any event that I speak to you, there are only 56 ministers. And in fact, they are 42 ministers running Ghana as we speak, because deputy ministers have not been approved,” he stated.

    However, during the parliamentary debate, former Minister for Lands and Natural Resources, Samuel Abu Jinapor, countered the assertion. While he acknowledged the reduction in ministerial appointments, he alleged that the government had significantly increased the number of staffers at the Jubilee House.

  • Trade Minister hints listing SOEs on stock exchange

    Trade Minister hints listing SOEs on stock exchange

    The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has indicated that the government is considering the possibility of listing State-Owned Enterprises (SOEs) on the Ghana Stock Exchange to improve their financial performance.

    Her remarks follow a proposal by the Managing Director of the Ghana Stock Exchange, who suggested that listing SOEs could help enhance their efficiency and profitability.

    At a recent national economic dialogue, the Finance Minister highlighted the financial struggles of SOEs, revealing significant losses incurred by these state entities.

    Speaking during a panel discussion at the same event, Ofosu-Adjare stated that the government would explore leveraging the stock market to raise funds for SOEs.

    “I’m sure that government will look at listing SOEs and make sure that we get some of our funding locally. That’s the only way our pension funds will grow for us to get good pension,” she said.

    Her comments signal a potential shift in government policy, which could open up SOEs to private investment and strengthen Ghana’s capital market.

  • Court remands painter accused of stealing BoG’s electrical cables worth over GHc1,000,000

    Court remands painter accused of stealing BoG’s electrical cables worth over GHc1,000,000

    A painter working on the Bank of Ghana building at Ridge, Accra, has been remanded into police custody for allegedly stealing large quantities of assorted copper cables valued at GH¢1,035,500.

    Ahmed Mohammed Lawal was arrested after a review of CCTV footage reportedly captured him and two accomplices—who are currently at large—removing the cables from the site. He appeared before an Accra Circuit Court, where he pleaded not guilty to charges of unlawful entry and stealing.

    The court, presided over by Mrs. Sedinam Awo Kwadam, adjourned the case to March 19, 2025, while police continue efforts to apprehend Lawal’s accomplices.

    Prosecuting the case, Assistant Superintendent of Police (ASP) Augustin Kingsley Oppong told the court that the complainants, Samuel Nii Tettey and Davidson Mensah Otinkorang, are a safety officer and an electrical engineer, respectively, working on the new Bank of Ghana building, which is still under construction.

    According to ASP Oppong, on February 16, 2025, the complainants discovered that someone had broken into the Energy Farm—a section of the construction site—and stolen bundles of LC x 240 square and LC x 300 square copper cables, all valued at over GH¢1 million.

    This prompted a review of the site’s CCTV footage, which allegedly revealed Lawal and his accomplices cutting and removing the cables. Following this discovery, the accused was apprehended and handed over to the police.

    Investigations later uncovered that the suspects had gained access to the secured area by using a scaffold. “The accused person and his accomplices cut the copper cables with a sharp object and took them (the cables) away,” ASP Oppong told the court.

    Further inquiries revealed that the stolen cables were sold to an individual at Kwame Nkrumah Circle, with Lawal receiving GH¢2,000 as his share of the proceeds. However, he was unable to assist the police in locating his accomplices or the individual who purchased the stolen materials.

    Prosecution assured the court that investigations were still ongoing.

  • Peter Amewu’s residence in Hohoe reportedly invaded

    Peter Amewu’s residence in Hohoe reportedly invaded

    The residence of former Member of Parliament, John Peter Amewu, in Hohoe was allegedly invaded by armed men claiming to be National Security operatives.

    The unidentified men, who introduced themselves as bailiffs, asserted that they were acting on “orders from above” and accused Mr. Amewu of not being legitimately elected during the 2020 parliamentary elections.

    Mr. Amewu was not home at the time of the incident, which occurred on Wednesday. Authorities have yet to provide further details regarding the attack.

    An eyewitness recounted that the intruders insisted they were there to serve him with a notice, disputing the validity of his election and questioning the legality of the Constitutional Instrument (C.I.) governing the electoral process.

    “They said they were there to serve me a notice because I was not duly elected in 2020, hence their decision to serve me. And that the C.I. was not constitutional,” Mr. Amewu told Citi News.

    Expressing concern over the situation, Mr. Amewu raised questions about Ghana’s democratic practices. He confirmed that his supporters in Hohoe had reported the incident to the police.

    Despite the severity of the invasion, he has chosen to decline police protection.

    During the confrontation, the armed men reportedly fired warning shots, prompting a standoff with some of Mr. Amewu’s supporters who had gathered in response to the commotion.

  • Water Supply project at Duala Barracks in Burma Camp commissioned

    Water Supply project at Duala Barracks in Burma Camp commissioned

    A new water supply system has been commissioned at Duala Barracks in Burma Camp to address long-standing water shortages.

    The project, spearheaded by the Chief of the Army Staff (COAS), Lieutenant General Bismarck Kwasi Onwona, is part of the Quick Impact Project aimed at resolving persistent water challenges.

    It includes three mechanized boreholes, three separate water tank farms, 16 water distribution points, and 72 water taps spread across the barracks.

    Speaking at the commissioning, Lieutenant General Onwona emphasized the importance of the initiative, stating that it would ensure a stable and sustainable water supply for troops.

    Major Bismark Atimbiok, Second-in-Command at the 41 Defence Signal Regiment, highlighted the severity of the situation, revealing that Duala Barracks—one of the most densely populated areas in Burma Camp—had faced water shortages for over 20 years.

    The newly commissioned project is expected to bring much-needed relief to personnel and their families, improving living conditions within the barracks.

  • Akufo-Addo arrives at Jubilee House for 68th Independence Day celebration

    Akufo-Addo arrives at Jubilee House for 68th Independence Day celebration

    Former President Nana Akufo-Addo has made his way to the Jubilee House as Ghana marks its 68th Independence Day.

    The scaled-down national celebration in Accra is being held specifically at the forecourt of the Presidency, instead of the usual Independence Square.

    Following the swearing-in of President Mahama on January 7, this is the first time the former president has been sighted at a national event with the president in attendance.

    Nana Akufo-Addo was not present when the president delivered the State of the Nation’s Address. The reason for his absence is not yet public knowledge.

    This year’s celebration theme, “Reflect, Review, Reset,” underscores the need for national introspection as Ghana navigates its current socio-economic landscape. The Presidency has also unveiled an official logo for the occasion, symbolizing the country’s resilience and aspirations for the future.

    Some dignitaries present include Vice President Naana Jane Opoku Agyemang, traditional rulers including Ga Mantse King Tackie Teiko Tsuru II, Members of Parliament among others.

  • LIVESTREAMING: 68th Independence Day celebration underway

    LIVESTREAMING: 68th Independence Day celebration underway

    Ghana marks its 68th Independence Day today March 6, with a scaled-down national celebration in Accra, specifically at the forecourt of the Presidency, instead of the usual Independence Square.

    This decision is part of the government’s efforts to reduce costs while still honouring the country’s historic milestone.

    This year’s theme, “Reflect, Review, Reset,” underscores the need for national introspection as Ghana navigates its current socio-economic landscape. The Presidency has also unveiled an official logo for the occasion, symbolizing the country’s resilience and aspirations for the future.

    Unlike previous years, the government has suspended the rotational hosting of the national event.

  • Parliament blocks motion by Minority to probe post-Dec. 7 mass dismissal

    Parliament blocks motion by Minority to probe post-Dec. 7 mass dismissal

    A move by the Minority in Parliament to initiate a probe into the mass dismissal of workers hired after December 7 has been blocked.

    The Minority, along with two New Patriotic Party (NPP) MPs, had filed a motion urging Parliament to declare the dismissals unconstitutional. However, before the motion could be debated, Majority Leader Mahama Ayariga objected, arguing that the issue was already being litigated in court.

    First Deputy Speaker Bernard Ahiafor upheld the objection, effectively preventing the motion from proceeding.

    “Accordingly, the motion and the subsequent debate on it is stayed pending the determination of the matter by the Supreme Court. Honorable members accordingly, the objection is sustained. The motion therefore cannot be moved,” he ruled.

    The controversy stems from a directive issued in February 2025 by Chief of Staff Julius Debrah, revoking all public service appointments and recruitments made after December 7, 2024.

    The decision, justified on grounds of non-compliance with good governance practices, has sparked criticism from opposition figures and affected individuals who argue that it is unjust and unconstitutional.

  • Ghana celebrates 68th Independence Day today

    Ghana celebrates 68th Independence Day today

    Ghana marks its 68th Independence Day today March 6, with a scaled-down national celebration in Accra, specifically at the forecourt of the Presidency, instead of the usual Independence Square.

    This decision is part of the government’s efforts to reduce costs while still honouring the country’s historic milestone.

    This year’s theme, “Reflect, Review, Reset,” underscores the need for national introspection as Ghana navigates its current socio-economic landscape. The Presidency has also unveiled an official logo for the occasion, symbolizing the country’s resilience and aspirations for the future.

    Unlike previous years, the government has suspended the rotational hosting of the national event. This decision was announced by Presidential Spokesman and Minister of State in charge of Government Communications, Felix Kwakye Ofosu.

    Despite the scaled-down nature of the event, key elements of the Independence Day tradition will be maintained. The President will inspect a Military Guard of Honour, followed by cultural performances by two groups of basic school pupils and a poetry recital from a senior high school student.

    Ten schools—six basic schools and four senior high schools, including Accra Wesley Girls and St. Mary’s SHS Cadet—will participate in the march past.

    Dignitaries expected at the ceremony include traditional rulers, religious leaders, students, political party representatives, and members of the business community. President John Dramani Mahama will deliver a ceremonial speech highlighting the significance of the nation’s independence and its path forward.

    Similar celebrations will take place across the country at the metropolitan, municipal, and district levels, following directives from the Presidency.

    The 68th Independence Day celebration may be more modest in scale, but it remains a moment for Ghanaians to reflect on their history, assess their progress, and renew their commitment to national development.

    Yesterday, the President’s Independence Day Awards honoured 52 awardees, including 32 students from public schools, 16 from private schools, and four students with hearing and visual impairments for their outstanding performance in the 2024 Basic Education Certificate Examination (BECE).

  • Agenda 111: $24.09M needed to operationalise Trede, Kokoben, Ahanta hospitals – Health Ministry

    Agenda 111: $24.09M needed to operationalise Trede, Kokoben, Ahanta hospitals – Health Ministry

    The Ministry of Health has clarified that the Trede, Kokoben, and Ahanta hospitals under the Agenda 111 initiative remain unfinished, requiring a total of $24.09 million to become fully operational.

    This comes in response to claims by the New Patriotic Party (NPP) Minority that the three hospitals were completed and operational. However, in a statement issued on Tuesday, March 4, the Ministry noted that while the facilities had reached 95% completion, critical components such as medical equipment and some laboratory facilities were yet to be installed.

    “Although Trede, Kokoben, and Ahanta hospitals were commissioned by former President Nana Addo Dankwa Akufo-Addo, the project is still under construction with an overall completion rate of 95%.

    No medical equipment has been installed, and some laboratory facilities are still under construction. The hospitals have not been handed over to the Ghana Health Service for operation. The estimated cost to make Trede, Kokoben and Ahantan facilities operational is $8.03 million each.”

    The Ministry explained that the required funds would cover the installation of essential medical equipment and the completion of pending construction works before the hospitals could serve the public.

    In light of concerns over financial mismanagement and project delays, the government has announced plans to audit the Agenda 111 initiative. The review will assess financial irregularities and consider private sector involvement in completing the stalled facilities.

    Health Minister Kwabena Mintah Akandoh disclosed that President John Dramani Mahama had tasked him with evaluating the initiative and providing recommendations on the best way forward.

    With the audit aimed at uncovering the extent of mismanagement, the government is also exploring alternative funding models to ensure the completion of the project.

    Agenda 111 was originally envisioned to bridge healthcare infrastructure gaps, particularly in underserved regions. The initiative includes the design, procurement, construction, equipping, and commissioning of 101 district hospitals, six regional hospitals in newly created regions, one regional hospital in the Western Region, two psychiatric hospitals in Kumasi and Tamale, the rehabilitation of Effia Nkwanta Regional Hospital in Sekondi, and the redevelopment of Accra Psychiatric Hospital.

    Once completed, the project will stand as Ghana’s most extensive healthcare infrastructure investment since independence.

  • Discussions on new headquarters were had in 2011, 2016 – BoG Governor

    Discussions on new headquarters were had in 2011, 2016 – BoG Governor

    Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has disclosed that conversations about the need for a new headquarters for the central bank date back to 2011, long before its construction began.

    Appearing before Parliament to address concerns surrounding the project, Dr. Asiama explained that the BoG’s board at the time had initiated discussions on acquiring land for a new facility. However, they were unable to agree on a suitable location before their tenure ended.

    “The discussions around a new headquarters for the Bank of Ghana date back to 2011 when the board at the time considered acquiring land for the project. However, the board at the time could not settle on a specific location until its tenure ended,” he stated.

    He further revealed that the issue resurfaced in 2016 during his tenure as Deputy Governor, yet once again, a final decision on the location was not reached.

    “Mr Speaker, even in 2016, when I was the Deputy Governor, the same issue was being considered, however, we could not settle on a specific location,” he noted.

    According to Dr. Asiama, it was not until 2019, under a new board, that a structural integrity audit was carried out on the existing headquarters, which had been in use since the late 1950s. The assessment revealed severe structural defects, making the facility unfit for purpose.

    “In 2019, under a new board of the Bank of Ghana, a structural integrity audit was conducted, and this showed that the existing headquarters, which was built in the late 1950s, had developed significant structural defects and was no longer fit for purpose,” he stated.

    The BoG’s new 21-story headquarters, located in Ridge, is set for completion in September 2024. The facility was officially inaugurated as part of the Bank Square by former President Nana Addo Dankwa Akufo-Addo on November 20, 2024.

    At the inauguration, Akufo-Addo underscored the importance of the new building in strengthening Ghana’s financial system and aligning it with global banking standards.

  • Procurement processes for new headquarters received PPA approval – BoG Governor

    Procurement processes for new headquarters received PPA approval – BoG Governor

    The Bank of Ghana (BoG) has assured that all procurement processes for its new headquarters were conducted in compliance with regulations and received approval from the Public Procurement Authority (PPA).

    Stephen Yankyera Amoh, a technical member of the team that accompanied BoG Governor Dr. Johnson Asiama to Parliament, made this clarification while addressing lawmakers regarding the project.

    “Mr Speaker, procurement approvals were sought for all the processes. One was the PPA approval to use the restricted tendering for the selected contractors who were perceived to be suited to build such an edifice,” he explained.

    His statement aimed to dispel concerns over the transparency of the project’s procurement procedures. The construction of the new headquarters has been a subject of public debate, with critics questioning its cost and necessity.

    Amoh emphasized that the selection of contractors followed due process to ensure the project adhered to the required standards and value-for-money principles.

    The BoG’s new 21-story headquarters, located in Ridge, is expected to be completed in September 2024. It was officially inaugurated as part of the Bank Square by former President Nana Addo Dankwa Akufo-Addo on November 20, 2024.

    During the inauguration, Akufo-Addo underscored the significance of the facility in enhancing Ghana’s financial infrastructure and ensuring the central bank operates at a level that meets international standards.

  • Contractors directed to ensure Ofankor-Nsawam road is motorable amid construction

    Contractors directed to ensure Ofankor-Nsawam road is motorable amid construction

    Minister of Roads and Highways, Governs Kwame Agbodza, has instructed contractors working on the Ofankor-Nsawam road rehabilitation project to prioritize maintaining a motorable road for commuters while construction continues.

    During an inspection of the project site on Wednesday, March 5, Agbodza emphasized the need for frequent grading and watering of the road to reduce the discomfort caused by delays in construction.

    “They’ve run out of money. We are not expecting them to be working at the same pace as if nothing is wrong, but the fact that they were almost nonexistent at the site, and today we can see some of the things the public was complaining about are being done.

    “One of them is their inability to water the road to reduce the dust. Today we can see a lot of watering going on, we can see a lot more reshaping and rolling going on, which means that at least the surface will be better than it is.

    “That is what we are asking them to continue to do until a significant payment is made to them…They should continue to do their best to make sure that the public is comfortable…It should be reasonably motorable,” he said.

    The minister reassured road users that the government is committed to securing funds for the project’s completion despite financial constraints.

    “The president is committed to completing all ongoing projects as long as the fiscal space and the financing of this project can be made available by the finance minister…We are not in a good place financially. Despite that, we are committed to completing this project because this is another priority project,” he added.

    Project Manager Abdulai Mahama provided further insight into the construction delays, attributing them to compensation disputes, utility relocation, and other unforeseen challenges.

    While these issues have affected the timeline, Mahama assured the public that measures are being taken to address them and speed up the project’s completion.

  • BoG Governor Asiama confirms operating from new headquarters

    BoG Governor Asiama confirms operating from new headquarters

    Governor of the Bank of Ghana, Dr. Johnson Asiama, has confirmed that he is currently operating from the central bank’s newly constructed headquarters. He made this revelation while addressing Parliament on the status of the project.

    Dr. Asiama explained that his predecessor had already transitioned into the facility, as the project had reached an advanced stage of completion before he assumed office.

    “Yes, my predecessor moved into the new headquarters because it was allowed as the project is about 98% complete. It is almost done, and so my predecessor moved into it,” he stated.

    He further noted that upon taking office, it was only practical for him to continue using the building while final touches were being made.

    “When I took over, I had no choice but to also move into it while we continue all the other processes,” he added.

    The construction of the new BoG headquarters has sparked public debate, with concerns raised over its cost and necessity. Despite this, Dr. Asiama’s remarks indicate that the facility is already in use, even as the remaining work is completed.

    The headquarters, part of the newly developed Bank Square, was officially inaugurated on November 20, 2024, by former President Nana Addo Dankwa Akufo-Addo. The modern complex was designed to incorporate advanced technology and enhance the central bank’s ability to regulate Ghana’s financial system efficiently.

    At the inauguration, former President Akufo-Addo underscored the project’s importance in bolstering Ghana’s financial infrastructure and ensuring the central bank meets international standards.

  • Rainstorm destroys over 60 houses Atwima Nwabiagya District, 5 injured

    Rainstorm destroys over 60 houses Atwima Nwabiagya District, 5 injured

    A powerful rainstorm has left a trail of destruction in the Amakye-Bare community in the Atwima Nwabiagya District of the Ashanti Region, reducing more than 60 houses to rubble and injuring at least five people.

    Residents say the storm, though brief, came with intense winds that tore through buildings and displaced over 100 people. Many families have been left without shelter as they count their losses.

    Assembly Member for the area, Collins Osei-Tutu, described the devastation, explaining that some of the collapsed structures trapped residents inside.

    “In one house, a man, his wife, and children were trapped in a collapsed building; they sustained injuries but no lives were lost. Some workers who were in a container during the heavy storm were swept away,” he told JoyNews.

    According to him, swift intervention from community members helped rescue those trapped, preventing fatalities.

    A traditional ruler in the area has stepped in to assist victims by covering their medical expenses.

    Meanwhile, affected residents are appealing for urgent support from the government and relief organizations.

    “We have reported the incident to the district assembly, and the district NADMO director, awaiting their support,” Osei-Tutu added.

  • BoG defends cost of new headquarters, cites market value

    BoG defends cost of new headquarters, cites market value

    The Bank of Ghana (BoG) Governor has justified the cost of its newly constructed headquarters, arguing that the price per square metre remains below both national and regional market averages.

    Governor Dr. Johnson Asiama provided this clarification while addressing Parliament on concerns over the project’s overall expenditure.

    He disclosed that the Bank’s Entity Tender Committee (ETC) approved a revised construction cost of $2,068 per square metre in December 2022, a figure he described as competitive compared to prevailing rates.

    “This figure is lower than the market value, with data from the Africa Property & Construction Cost Guide 2021/22 stating $2,658 per square metre and in 2022/23 at $2,720 per square metre, as average construction costs for prestige high-rise office spaces in Africa,” he stated.

    According to Dr. Asiama, the Central Tender Review Committee (CTRC) later endorsed this revised cost for the expanded scope of works without any additional adjustments.

    The approved rate ultimately brought the total construction expenditure to $222,799,760.58.

    He maintained that the BoG ensured the project adhered to international construction standards while delivering value for money.

    Dr. Asiama’s remarks come amid scrutiny over the cost of the new headquarters, with some lawmakers and sections of the public questioning whether the expenditure was justified.

    However, he assured Parliament that the central bank exercised financial prudence in executing the project, ensuring that it remained within reasonable cost benchmarks for high-rise office buildings in West Africa.

  • New BoG Governor confirms old headquarters lacked structural integrity

    New BoG Governor confirms old headquarters lacked structural integrity

    Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has confirmed that the central bank’s former headquarters was deemed structurally weak, necessitating the construction of a new facility.

    Addressing Parliament, Dr. Asiama provided insights into the decision-making process that led to the development of a new headquarters, stressing that discussions on the matter date back more than a decade.

    He revealed that initial considerations for a new building began in 2011 when the BoG board explored acquiring land for the project. However, the board was unable to finalize a location before its tenure ended.

    “Mr Speaker, even in 2016, when I was the Deputy Governor, the same issue was being considered; however, we could not settle on a specific location,” he stated.

    A comprehensive structural integrity audit was later conducted in 2019 under a new board, assessing the state of the existing headquarters, which was constructed in the late 1950s. The findings of this audit indicated that the building had deteriorated significantly over the years.

    “The existing headquarters had developed significant structural defects and was no longer fit for purpose,” he emphasised.

    Dr. Asiama’s remarks come amid scrutiny over the necessity and cost of the new BoG headquarters. However, he defended the decision, citing expert evaluations that underscored the need for a modern and structurally sound facility to support the bank’s operations.

    To facilitate the project, the BoG secured land at West Ridge, which was previously owned by the State Insurance Company (SIC). The government officially acquired the property through Executive Instrument 2020 (E.I. 304), designating the construction of the BoG headquarters as a national priority.

    The compulsory acquisition process began in 2019, and the Executive Instrument was published and gazetted in 2020. The site was subsequently handed over to the contractor in March 2021 to commence preliminary site works and designs.

  • BoG to pay $11.1m for furnishing of new headquarters – Dr Asiama

    BoG to pay $11.1m for furnishing of new headquarters – Dr Asiama

    The Bank of Ghana (BoG) is set to pay $11.1 million for the furnishing of its newly constructed headquarters at Ridge, Governor Dr. Johnson Asiama has revealed.

    Speaking before Parliament on Wednesday, March 5, Dr. Asiama detailed the financial commitments tied to the project after lawmakers from the National Democratic Congress (NDC) demanded a breakdown of costs, funding, and contract variations.

    He clarified that the entire project cost amounts to $261.8 million, of which $230 million had been paid as of February 2025, leaving an outstanding balance of $31.8 million.

    “Mr. Speaker, as of February this year, a total of 230 million dollars approximately has been paid towards the project with an outstanding balance of 31.8 million dollars to be paid to the contractor,” he said.

    Beyond the main structure, additional costs were incurred for essential infrastructure, including:

    • ICT systems and network infrastructure – $8.6 million
    • Integrated electronic security systems – $15.8 million
    • Furniture and furnishings – $11.1 million

    Explaining the necessity of these expenditures, Dr. Asiama stated:

    “These elements were included to ensure the Bank operates in a secure and technologically advanced environment in line with the needs of a modern central bank.”

    The headquarters, officially commissioned on November 20, 2024, by former President Nana Addo Dankwa Akufo-Addo, was designed to enhance the central bank’s operational efficiency with state-of-the-art technology and security systems. At the inauguration, Akufo-Addo emphasized its role in reinforcing Ghana’s financial infrastructure to meet global standards.

    OSP Investigates BoG Headquarters Project

    Meanwhile, the Office of the Special Prosecutor (OSP) is investigating potential procurement breaches in the project following a petition from Bawku Central MP Mahama Ayariga. The lawmaker raised concerns over cost escalations that allegedly lacked approval from the Public Procurement Authority (PPA).

    The investigation targets:

    • Former BoG Governor Dr. Ernest Addison
    • Former Deputy Governors Dr. Maxwell Opoku-Afari and Mrs. Elsie Addo Awadzi
    • Goldkey Properties Ltd (the project contractor)

    Ayariga disclosed that in response to his inquiries, Dr. Addison, in a letter dated August 22, 2023, refused to provide details on cost variations, citing “National Security” reasons.

    The OSP is yet to release its findings on the matter.

  • $48.3m paid in taxes and levies for new BoG headquarters – Governor

    $48.3m paid in taxes and levies for new BoG headquarters – Governor

    Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has disclosed that $48.3 million was paid in taxes and levies related to the construction of the central bank’s new headquarters at Ridge.

    Appearing before Parliament on Wednesday, March 5, Dr. Asiama provided a financial breakdown of the project in response to inquiries from National Democratic Congress (NDC) MPs. Lawmakers had demanded clarity on the total cost, funding sources, and variations in expenditure.

    He explained that out of the total project cost of $261.8 million, an amount of $230 million had already been paid as of February 2025, with $31.8 million still outstanding.

    “Mr. Speaker, as of February this year, a total of 230 million dollars approximately has been paid towards the project with an outstanding balance of 31.8 million dollars to be paid to the contractor,” he stated.

    Beyond the main structure, additional contracts were awarded for key infrastructure, including:

    • ICT systems and network infrastructure – $8.6 million
    • Integrated electronic security systems – $15.8 million
    • Furniture and furnishings – $11.1 million

    Explaining the rationale behind these expenditures, Dr. Asiama said:

    “These elements were included to ensure the Bank operates in a secure and technologically advanced environment in line with the needs of a modern central bank.”

    The new BoG headquarters was inaugurated on November 20, 2024, under former President Nana Addo Dankwa Akufo-Addo. The facility was designed to integrate modern technology and security systems, enhancing the efficiency of Ghana’s financial regulatory framework. During the commissioning, Akufo-Addo emphasized its significance in strengthening Ghana’s financial system to meet global standards.

    OSP Probes BoG Headquarters Project

    Meanwhile, the Office of the Special Prosecutor (OSP) has launched an investigation into possible procurement irregularities related to the project. This follows a petition from Bawku Central MP Mahama Ayariga, who questioned cost escalations without approval from the Public Procurement Authority (PPA).

    The probe is focusing on:

    • Former BoG Governor Dr. Ernest Addison
    • Former Deputy Governors Dr. Maxwell Opoku-Afari and Mrs. Elsie Addo Awadzi
    • Goldkey Properties Ltd (the project contractor)

    Ayariga revealed that in response to his inquiries, Dr. Addison, in a letter dated August 22, 2023, refused to disclose cost variations, citing “National Security” concerns.

    The OSP has yet to publish its findings on the matter.

  • Govt to pay $31m to complete payment for new BoG headquarters – Dr Asiama

    Govt to pay $31m to complete payment for new BoG headquarters – Dr Asiama

    Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that an outstanding amount of $31 million must be paid to cover the complete cost of the new Bank of Ghana headquarters located at Ridge.

    Dr. Johnson Asiama made this known when appeared before Parliament on Wednesday, March 5, to provide details on the construction of the central bank’s new headquarters following demands from National Democratic Congress (NDC) Members of Parliament (MPs) for a breakdown of the project’s financing, cost variations, scope, and timeline.

    He noted that out of the total cost at $261.8 million, an amount of $230 million was paid in February this year for the project commissioned last year.

    “Mr Speaker, as of February this year, a total of 230 million dollars approximately has been paid towards the project with an outstanding balance of 31.8 million dollars to be paid to the contractor,” he said.

    According to the Bank of Ghana Governor, “a total of 48.3 million dollars has been paid in taxes and levies that were related to the construction.”

    Beyond the core building, separate contracts were awarded for other infrastructure. These include ICT systems and network infrastructure which was awarded at a cost of 8.6 million dollars. Integrated electronic security systems which was also awarded at a cost of 15.8 million dollars and furniture and furnishing that was also awarded at 11.1 million dollars.

    “These elements were included to ensure the Bank operates in a secure and technologically advanced environment in line with the needs of a modern central bank,” Dr Asiama explained.

    The official inauguration of the Bank Square by former President Nana Addo Dankwa Akufo-Addo was held on November 20, 2024. The facility was designed to integrate advanced technology with modern architecture to enhance the BoG’s capacity in regulating Ghana’s financial system.

    During the inauguration, former President Akufo-Addo highlighted the significance of the new headquarters in strengthening Ghana’s financial infrastructure and aligning it with global standards.

    Meanwhile, the Office of the Special Prosecutor (OSP) is investigating potential corruption in the procurement process of the BoG headquarters. This probe was initiated in response to a petition from Bawku Central MP Mahama Ayariga, who raised concerns over cost escalations without approval from the Public Procurement Authority (PPA).

    The investigation targets former BoG Governor Dr. Ernest Addison, former Deputy Governors Dr. Maxwell Opoku-Afari and Mrs. Elsie Addo Awadzi, as well as the project contractor, Goldkey Properties Ltd.

    Ayariga disclosed that in response to his inquiries, Dr. Addison cited “National Security” as the reason for withholding details on project cost variations in a letter dated August 22, 2023. The OSP has yet to release its findings to the public.

  • Contracts of all Regional and Zonal Coordinators of School Feeding programme terminated

    Contracts of all Regional and Zonal Coordinators of School Feeding programme terminated

    The Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, has terminated the contracts of all Regional and Zonal Coonfinators of the Ghana School Feeding Programme (GSF) with immediate effect.

    In a letter dated March 4, the minister thanked the coordinators for the service to the nations and wished them well in their endeavours.

    The affected parties have been directed to visit the GSFP Secretariat for their individual termination letters and handing instructions.

  • LIVESTREAMING: BoG Governor briefs Parliament on cost, status of new headquarters

    LIVESTREAMING: BoG Governor briefs Parliament on cost, status of new headquarters

    Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, is set to appear before Parliament on Wednesday, March 5, to provide details on the construction of the central bank’s new headquarters, reportedly costing $250 million.

    His invitation follows demands from National Democratic Congress (NDC) Members of Parliament (MPs) for a breakdown of the project’s financing, cost variations, scope, and timeline.

    Majority Leader Mahama Ayariga emphasized the need for accountability and transparency in the project.

    The inquiry follows the official inauguration of the Bank Square by former President Nana Addo Dankwa Akufo-Addo on November 20, 2024. The facility was designed to integrate advanced technology with modern architecture to enhance the BoG’s capacity in regulating Ghana’s financial system.

    During the inauguration, former President Akufo-Addo highlighted the significance of the new headquarters in strengthening Ghana’s financial infrastructure and aligning it with global standards.

    Meanwhile, the Office of the Special Prosecutor (OSP) is investigating potential corruption in the procurement process of the BoG headquarters. This probe was initiated in response to a petition from Bawku Central MP Mahama Ayariga, who raised concerns over cost escalations without approval from the Public Procurement Authority (PPA).

    The investigation targets former BoG Governor Dr. Ernest Addison, former Deputy Governors Dr. Maxwell Opoku-Afari and Mrs. Elsie Addo Awadzi, as well as the project contractor, Goldkey Properties Ltd.

    Ayariga disclosed that in response to his inquiries, Dr. Addison cited “National Security” as the reason for withholding details on project cost variations in a letter dated August 22, 2023. The OSP has yet to release its findings to the public.

  • Ghana’s inflation falls to 23.1% in February

    Ghana’s inflation falls to 23.1% in February

    Ghana’s inflation rate dropped slightly to 23.1% in February 2025, down from 23.5% in January, marking the second consecutive decline this year.

    The marginal decrease was largely attributed to a reduction in food prices, according to the Ghana Statistical Service.

    The latest figures show that food inflation declined to 28.1%, while non-food inflation remained unchanged at 18.8%.

    On a regional level, the Upper West Region recorded the highest inflation rate at 35.5%, whereas the Volta Region reported the lowest at 18.1%.

    “In the last four months, you’ve seen a consistent decline in food inflation on a month-on-month basis, declining by 2.0 percentage points between November 2024 and February 2025,” Government Statistician, Prof. Samuel Kobina Anim, noted.

    With inflation showing signs of a downward trend, some analysts believe this could influence the Bank of Ghana’s monetary policy decisions. The possibility of a policy rate cut is being considered as the central bank aims to balance economic growth with price stability.

  • I’ll advise my client not to appear before NIB without invitation – Lawyer of Gifty Oware-Mensah

    I’ll advise my client not to appear before NIB without invitation – Lawyer of Gifty Oware-Mensah

    Lawyer Nana Agyei Baffour Awuah has stated that he would not advise his client, former Deputy Director of the National Service Scheme (NSS), Gifty Oware-Mensah, to appear before the National Intelligence Bureau (NIB) if she has not been officially invited.

    Speaking on JoyNews, he dismissed reports suggesting that his client had been summoned for questioning, emphasizing that no security agency had reached out to her regarding any investigation.

    “Find out from Martin Kpebu, that for the years of his practice, if no investigative body invites his client, will he advise his client to appear before an investigative body? Appearing before the investigative body as what? A busybody?” he questioned.

    “I’m not sure I’m going to engage my client, I’ll advise her very respectfully. Legal advice is like a perfume, you smell it, you don’t swallow it. So when I give it to her, she’ll make her judgment as to whether she is going to go or not,” he added.

    He firmly stated that Gifty Oware-Mensah had not been invited by the NIB or any other security agency.

    “Up until today, she had not been invited by the BNI. Up until today, no security agency has invited her.

    “I am putting it on record, Gifty Oware, up until today, has not been invited by any security agency,” he stressed.

    Addressing rumors that his client had fled the country following the arrest of Kwaku Ohene Djan, a former Deputy Executive Director of the NSA, Awuah clarified that they proactively contacted the intelligence agency to set the record straight.

    “We wrote because, following the arrest of Kwaku Ohene, there were a lot of publications that the BNI was looking for her and she had absconded.

    “Subsequently, the president went to Parliament to make a similar allusion, although her name was not mentioned. So when we put one and two together, we concluded that all references were to her,” he explained.

    To counter any speculation regarding her whereabouts, Oware-Mensah voluntarily returned to Ghana, which her lawyer argued demonstrated that she was not evading authorities.

    “Now, when you put these facts together, would you describe her as a flight risk?” he asked.

    Responding to Minority Leader Alexander Afenyo-Markin’s claim that Oware-Mensah would later meet with the NIB, Awuah clarified that this was a preemptive move to prevent unnecessary tensions.

    “The Minority Leader, seeing what had happened to Kwaku Ohene Djan, concluded that the Rambo-style of arrest did not engender peace and might lead to protests, which would not augur well for the work of the BNI.

    “So he went out of his way to ensure that certain arrangements were made so that people were not picked up in that manner,” he explained.

    Expressing dissatisfaction with how information about his client had been handled, Awuah questioned the source of reports suggesting she was wanted by security agencies.

    “I’m putting it on record that Gifty has not been invited by anybody, so I don’t know who even briefed the president. It’s unfortunate,” he said.

    Former Deputy Director of the National Service Authority (NSA), Gifty Oware Mensah, arrived at Kotoka International Airport (KIA) on Tuesday as investigations continue into an alleged payroll fraud scheme at the Authority.

    This follows President John Mahama’s directive to declare former heads of the NSA wanted after a financial scandal in which a headcount uncovered 81,885 fraudulent entries on the payroll.

    Her return comes amid reports that the National Intelligence Bureau (NIB) had been searching for her in connection with the scheme, which was exposed by The Fourth Estate and could have cost the state over GH¢50 million in fraudulent payments every month if left undetected.

    According to reports, she had been in the United States after the elections but arrived in Ghana on the afternoon of Tuesday, March 4, where she was received by relatives at the airport.

  • LIVESTREAMING: President’s Independence Day Awards underway

    LIVESTREAMING: President’s Independence Day Awards underway

    The President’s Independence Day Awards honouring 52 awardees, including 32 students from public schools, 16 from private schools, and four students with hearing and visual impairments for their outstanding performance in the 2024 Basic Education Certificate Examination (BECE) is underway.

    The event is happening at the Accra International Conference Centre (AICC).

    Ghana will mark its 68th Independence Day tomorrow, March 6, with a scaled-down national celebration in Accra, specifically at the forecourt of the Presidency, instead of the usual Independence Square.

    This decision is part of the government’s efforts to reduce costs while still honouring the country’s historic milestone.

    This year’s theme, “Reflect, Review, Reset,” underscores the need for national introspection as Ghana navigates its current socio-economic landscape. The Presidency has also unveiled an official logo for the occasion, symbolizing the country’s resilience and aspirations for the future.

  • Unknown persons stealing copper pipes supplying oxygen to patients at Korle Bu Teaching Hospital

    Unknown persons stealing copper pipes supplying oxygen to patients at Korle Bu Teaching Hospital

    The Korle Bu Teaching Hospital (KBTH) has raised alarm over repeated thefts of copper pipes that supply oxygen to patients, posing a severe risk to healthcare delivery at the facility.

    Acting Chief Executive Officer, Dr. Frank Owusu-Sekyere, disclosed that unidentified individuals have been cutting and stealing these crucial pipes, disrupting oxygen supply to various wards.

    Speaking during an inspection of ongoing rehabilitation projects at the hospital, he expressed deep concern about the financial strain these thefts place on the institution.

    “We are more vigilant now. Then to add to it, we are in advance stages of procuring the services of private security to help with the dwindling numbers of our internal security, and if that comes on board, we think that we will be able to secure the place better,” he stated.

    Dr. Owusu-Sekyere also revealed that while CCTV cameras have been installed, their effectiveness is limited due to a lack of real-time monitoring.

    “We have had to resort to CCTV, but these are not monitored in real time, so something happens, you probably may have an idea who might have done it, but by then, the harm has been caused already,” he explained.

    He lamented the high cost of repairing the damage caused by the thefts, contrasting it with the negligible amount the stolen pipes fetch on the scrap market.

    “It is ridiculously expensive to fix these copper pipes, so somebody takes a chunk of it for scrap, and we are paying through our noses to have that one fixed. I think the one that we are doing currently is costing us about GHS400,000 for something that somebody may have sold for GHS50,” he noted.

    The hospital management is intensifying security measures to curb the incidents and ensure uninterrupted oxygen supply to patients.

  • The reset agenda is both ambitious and necessary – Naana Jane Opoku Agyemang

    The reset agenda is both ambitious and necessary – Naana Jane Opoku Agyemang

    Vice President Prof. Naana Jane Opoku-Agyemang has described Ghana’s economic recovery plan as both bold and essential, emphasizing the government’s unwavering commitment to revitalizing the economy through structural reforms and private sector collaboration.

    Speaking at the closing session of the 2025 National Economic Dialogue, she highlighted the administration’s resolve to implement key recommendations aimed at fostering macroeconomic stability, sustainable development, and long-term resilience.

    “The reset agenda is both ambitious and necessary. It requires a concerted effort from all of us—that is, from the government, private sector, civil society, and every Ghanaian citizen,” she stated.

    Prof. Opoku-Agyemang assured stakeholders that the government was fully dedicated to turning policy resolutions into meaningful action that would bring relief to businesses and citizens.

    “I want to assure you that the government of Ghana is fully committed to translating these resolutions into concrete action,” she reiterated.

    She further acknowledged the expectations set during the dialogue, pledging that the government would work diligently to meet them.

    “I have noted all the homework you have given us. Our promise is to collaborate with all sectors and sections of Ghana to ensure that we deliver a homework worthy of an A,” she added.

    The two-day dialogue focused on six priority areas, including macroeconomic stability, and outlined a strategic roadmap for economic recovery. The Vice President reaffirmed that the administration would work closely with the private sector and civil society to ensure the successful implementation of its economic reset agenda.

  • ECG meters and cables destroyed in fire incident at Suhum

    ECG meters and cables destroyed in fire incident at Suhum

    A fire outbreak at Amanase Zongo in Suhum on Monday, March 3, resulted in the destruction of Electricity Company of Ghana (ECG) meters and cables, officials have confirmed.

    A five-member team from the Suhum Municipal Fire Station, led by STNO II Antwi Forson, swiftly responded to the emergency after receiving a distress call.

    Arriving at the scene at 4:42 a.m., the crew found a high-tension fuse engulfed in flames. Firefighters promptly alerted ECG officials to disconnect the power supply before commencing firefighting operations. The fire was successfully brought under control by 5:01 a.m.

    Investigations revealed that the blaze was triggered by overheating due to high-pressure electrical loads. Although the fire caused damage to the fuse, meters, and cables, the swift intervention of the fire service prevented the flames from spreading further.

    Authorities have urged residents to remain vigilant about electrical installations and report any anomalies to prevent similar incidents in the future.

  • Energy sector has become a ticking time bomb – Ato Forson

    Energy sector has become a ticking time bomb – Ato Forson

    Finance Minister Dr. Cassiel Ato Forson has sounded the alarm over Ghana’s energy sector, describing it as a “ticking time bomb” due to non-cost reflective tariffs and unsustainable energy subsidies.

    Speaking at the first session of the two-day National Economic Dialogue at the Accra International Conference Centre, Dr. Forson warned that the sector’s financial deficits could exceed nine billion dollars by 2026 despite government interventions.

    “The energy sector in Ghana has become a ticking time bomb. More than two per cent of GDP every year. Every year, the profits of the energy sector will probably fall back on the legal side. For citizens, we require radical measures,” he said.

    He pointed to the Electricity Company of Ghana (ECG) as a major concern, citing massive distribution and collection inefficiencies that worsen the sector’s financial struggles.

    “Currently, only 62 per cent of total energy purchase by ECG is collected, leaving out probably 62 per cent. 65 per cent of that amount is used to pay for supplies through the cash quarter for mechanism,” Dr. Forson stated.

    “Unfortunately, 35 per cent of ECG’s revenue is used to take care of ECG themselves over times that they don’t actually work,” he added.

    Dr. Forson lamented the impact of non-cost reflective tariffs, arguing that they fail to cover the actual cost of service provision.

    “In most reflective tariffs, about 50 per cent of cost of service provision is not for us to expect. However, I still maintain that tariffs should not be used to reward ECG’s inefficiencies and other inefficiencies in the system,” he emphasized.

    He disclosed that unpaid legacy arrears in the energy sector had reached $1.3 billion by the end of 2022, with annual cumulative shortfalls climbing to $2.2 billion in 2024, despite significant government funding.

    According to Dr. Forson, the sector’s crisis is fueled by political reluctance to implement cost-reflective tariffs, limited renewable energy adoption, and ECG’s operational inefficiencies.

    “Having generational costs due to lack of politicians and limited renewable capacity in the energy mix is a problem. Having distribution and collection losses at ECG is also a problem,” he stated.

    He urged a comprehensive reform strategy that addresses inefficiencies, promotes renewable energy, and ensures sustainable tariff policies to avert further financial instability.

    Without immediate action, Dr. Forson warned, the worsening financial crisis in the energy sector could pose a severe threat to Ghana’s overall economic stability.

  • Gideon Boako advises Finance Minister to open bond market for more investment

    Gideon Boako advises Finance Minister to open bond market for more investment

    Member of Parliament for Tano North, Dr. Gideon Boako, has called on the Finance Minister to explore opportunities for expanding the bond market to attract greater investment.

    Speaking in Parliament on Tuesday, March 4, during discussions on President Mahama’s State of the Nation Address (SONA), Dr. Boako emphasized the need for broader participation in the financial sector through structured investment channels.

    He warned that failing to take advantage of this opportunity could lead to excess liquidity being misdirected into unregulated and risky financial ventures.

    “The Finance Minister should take advantage to open the bond market; otherwise, the liquidity will find its way into unwarranted places,” Dr. Boako stated.

    The MP stressed that a well-developed bond market would not only encourage domestic investment but also attract foreign capital, which could contribute to economic stability and growth.

    Dr. Boako urged the government to prioritize financial sector reforms that would create sustainable investment opportunities and drive long-term economic development.

  • Foreign Ministry land allocations reversed by Mahama – Minister reveals

    Foreign Ministry land allocations reversed by Mahama – Minister reveals

    President John Dramani Mahama has ordered the immediate cancellation of all allocations and sales of land belonging to the Ministry of Foreign Affairs, Minister Samuel Okudzeto Ablakwa has revealed. The directive aims to protect state assets and curb further encroachment on public lands.

    In a Facebook post on Wednesday, March 5, Ablakwa stated that the order specifically affects land adjacent to the Foreign Affairs Ministry at Airport Residential, which had been allocated to seven organisations and individuals under the previous administration.

    “Yesterday’s presidential directive will ensure that the Ministry’s adjoining land at Airport Residential, which some seven organisations and individuals claim to be the new owners, would now be cancelled and preserved for the people of Ghana,” he stated.

    The minister lauded President Mahama for his swift and firm intervention, describing it as a demonstration of patriotic leadership. He emphasized that the move reinforces the government’s commitment to safeguarding national resources.

    “I am enormously grateful to President Mahama for his unwavering patriotic and decisive presidential backing,” Ablakwa added.

    Reaffirming his commitment to protecting Foreign Ministry properties, Ablakwa assured the public that no assets belonging to the ministry—whether in Ghana or abroad—would be sold under his leadership.

    “Under my watch as Foreign Minister, no land or property of the Ministry, located either home or abroad, would be sold,” he affirmed.