TIG Post

Author: Phoebe Martekie Doku

  • National Investment Bank appoints Tweneboa Kodua Fokuo as Managing Director

    National Investment Bank appoints Tweneboa Kodua Fokuo as Managing Director

    The National Investment Bank (NIB) has appointed Tweneboa Kodua Fokuo as its new Managing Director, effective from Monday, May 13, 2024, succeeding Mr. Samuel Sarpong, who has led the bank since 2019.

    An internal memo to the bank’s staff revealed that Mr. Fokuo’s appointment was made by the majority shareholder, citing his extensive experience as a key factor in his selection to guide the bank towards a prosperous future.

    Philip Ofori-Asante has been appointed as the Deputy Managing Director.

    Under Mr. Fokuo’s leadership, the bank’s ongoing restructuring and transformation initiatives are set to continue.

    Tweneboa Kodua Fokuo is a seasoned banker with a comprehensive understanding of Risk Management across various sectors, including commercial, corporate, and investment banking, as well as country risk management.

    He began his banking career at Barclays Bank, Ghana in 2008, where he rose through the ranks, ultimately serving as Assistant Vice President.

    As Barclays Ghana’s Country Risk Champion, he collaborated with the Group’s Country Risk Teams in London and Johannesburg.

    In January 2016, he joined First National Bank Ghana Ltd, a subsidiary of FirstRand Bank of South Africa, as the Head of Credit Risk.

  • Watch Ghanaian men play with ‘deadly’ Puffer fish

    Watch Ghanaian men play with ‘deadly’ Puffer fish

    A video has surfaced online showing a group of Ghanaian men engaging in a perilous encounter with a deadly fish, Puffer.

    In the video, the men can be seen handling the puffer fish with curiosity and excitement, completely unaware of the lethal toxins it possesses.

    It’s reported that this was their first encounter with the species, and their lack of knowledge about its dangers was evident.

    Puffer fish, scientifically known as Tetraodontidae, are infamous for their ability to inflate into a spiky ball when threatened, as well as for the potent neurotoxin, tetrodotoxin, they carry in their organs.

    Even a small amount of this toxin can induce paralysis and, in severe cases, lead to death.

    Astonishingly, the men seemed oblivious to these risks as they handled and played with the fish.

    Experts warn that interactions with puffer fish should be approached with extreme caution due to the potential for serious harm.

    Watch video below:

  • Ghana’s aviation sector is back on track – Akufo-Addo

    Ghana’s aviation sector is back on track – Akufo-Addo

    President Akufo-Addo has pointed out that Ghana’s aviation sector has made a strong comeback after the disruptions caused by COVID-19.

    He attributes this rebound to the surge in air passenger traffic for both domestic and international flights.

    Speaking at the inauguration of the Nana Agyemang Prempeh I International Airport in Kumasi on Friday, May 10, 2024, he highlighted the significant growth in air passenger numbers.

    President Akufo-Addo emphasized the importance of collaboration among all stakeholders to position Ghana as a key aviation hub in the region and beyond.

    He urged concerted efforts from everyone involved to sustain this positive momentum in the sector.

    “Ghana has experienced a considerable overall growth in air passenger traffic onboard domestic and international routes. At the end of 2023, international passenger traffic comprised 2,914,661 persons compared to the 2019 through port of 2,328,758 persons representing a 25% increase. Domestic passenger traffic on its part increased from 690,314 persons in 2019 to 775,662 persons at the end of 2023,” he said.

    “This data means that the aviation sector has recovered fully from the impact of the COVID-19 pandemic and is back on track for growth. My government will continue to pay the needed attention to enable the sector to compete fairly with our neighbouring countries in the West African region and beyond.”

    “It is therefore important that all stakeholders come onboard and play their respective roles towards making Ghana an aviation hub in the region.” President Akufo-Addo added.

  • Meet Ghana’s eight most richest families

    Meet Ghana’s eight most richest families

    In Ghana, when discussing affluent individuals, names like Osei Kwame Despite, Sir Sam Jonah, and Ibrahim Mahama often come to mind.

    However, this may not entirely depict the wealthiest families in the country.

    A video shared by The Billionaire Chronicles, sheds light on the families considered the eight wealthiest in Ghana.

    Here is a rundown of these notable families:

    Irani Family:
    Lebanese brothers Anthony and Edmond migrated to Ghana, establishing a wheat flour production business.

    Despite their passing, the family’s enterprise persists, with a substantial net worth of US$800 million, ranking them as Ghana’s wealthiest family.

    Kalmoni Family:
    This family boasts ownership of Japan Motors, Silver Star Tower, and Lakeside Estate, with an estimated net wealth of $700 million.

    Awuah Darko Family:
    Founded Marine and General Insurance Brokers and subsequently the Vanguard Group of Companies.

    With a net worth of $650 million, they are recognized as the foremost indigenous Ghanaian family.

    Milad Millet Family:
    Originating from a textile corporation, the family’s assets, primarily in towel manufacturing, now amount to around $620 million under the rebranded name Printex.

    Adamu Iddrissu Family:
    Adamu Iddrissu’s ventures include Global Haulage Limited and Royal Bank, contributing to a family wealth of approximately $550 million.

    Hitti Family:
    Established Qualiplast, later rebranded to Duraplast, owning Suvinil Paint and Ashfoam, with a combined net worth of $540 million.

    Azar Family:
    Elias Azar founded Azar Chemical Industries, which evolved from City Paint to become a leading importer of paint and building materials. With assets surpassing $520 million, the family’s business is now run by Ghazi and Rustom Azar.

    Bitar Family:
    John Bitar initiated John Bitar & Co Ltd., originating from cash crop farming to become a top producer of high-quality wood products. Their net worth stands at $450 million, placing them among Ghana’s wealthiest families.

  • ECG and GRIDCo collaborate to strengthen electricity distribution networks in Ashanti

    ECG and GRIDCo collaborate to strengthen electricity distribution networks in Ashanti


    The Electricity Company of Ghana‘s (ECG) Ashanti sub-transmission division has entered a collaborative agreement with the Ghana Grid Company (GRIDCo) to enhance supply capacity and meet the rising electricity demand in the region.

    This partnership was formalized during a meeting held at GRIDCo’s headquarters in Anwomaso.

    According to the agreement reached during the meeting, there are plans to install a 145MVA power transformer between GRIDCo and ECG Bulk Supply Points.

    This upgrade aims to replace one of the existing three 50MVA transformers, thereby increasing installed capacity to address growing load demands, particularly during peak hours, typically between 7 pm and 11 pm.

    Previously, the 50MVA transformers at the Anwomaso Bulk Supply Point sometimes operated at maximum capacity during peak periods due to increased demand.

    However, with the planned installation of the 145MVA transformer, the total installed capacity will rise to 245MVA, compared to the current 150MVA provided by three 50MVA transformers.

    Both parties anticipate that this initiative will improve supply capacity and reliability across the region.

    Additionally, discussions during the meeting also focused on upgrading the Obuasi and Konongo Substations with 50/66 MVA transformers to meet growing industrial needs in those areas and enhance supply reliability.

    Further discussions included plans to dispatch another 145MVA transformer to Ridge BSP shortly to increase supply capacity for the station and the broader region.

    Following these discussions, a site visit was conducted to assess suitable installation locations for the new transformer.

    Ing. Peter Kofi Fletcher, General Manager for Ashanti Sub-transmission, and his team collaborated closely with the GRIDCo team to identify optimal sites, aiming to minimize material costs associated with cable laying and civil works.

    Currently, the region is served by two Bulk Supply Points, Anwomaso and Ridge, which distribute high-voltage power to primary substations, subsequently serving local transformers to meet consumer needs.

  • New services at Prempeh I International Airport to boost freight traffic from UK – British High Commissioner to Ghana

    New services at Prempeh I International Airport to boost freight traffic from UK – British High Commissioner to Ghana

    As the Prempeh I International Airport becomes operational in Kumasi, the Ashanti Regional capital, the United Kingdom (UK) anticipates a surge in freight movement through Ghana’s ports.

    British High Commissioner to Ghana, Harriet Thompson, envisions this growth being facilitated by the airport’s inauguration, bolstered by existing partnerships between the two nations and the African Continental Free Trade Area (AfCFTA).

    Last year, approximately 40,000 tonnes of freight traversed Ghana’s airports to reach the UK, enhancing trade between the two nations to £2.2 billion.

    Harriet Thompson expressed optimism about witnessing a further increase in these figures following the establishment of the Prempeh I International Airport.

    She reiterated the UK’s commitment to supporting Ghana in fostering sustainable economic growth.

    Harriet Thompson highlighted the significance of the UK-Ghana partnership agreement and the AfCFTA in driving this growth, emphasizing collaboration between the two countries in promoting trade and infrastructure development.

    She underscored the reputation of British construction companies for delivering high-quality infrastructure known for its durability and longevity.

    Additionally, she emphasized the partnership approach, wherein British firms collaborate with local counterparts, sharing expertise and contributing to local development.

    The commissioning of the Prempeh I International Airport represents a significant milestone in Ghana’s aviation sector.

    Named in honor of the 14th Asantehene, Otumfuo Agyemang Prempeh I, the airport reflects the rich cultural heritage and historical legacy of the Ashanti kingdom.

    With a projected annual passenger volume of one million, the airport is poised to provide significant opportunities and support the tourism industry in the Ashanti Region.

  • Only 15% of public primary schools had functional ICT facilities during 2022/2023 academic year – EduWatch

    Only 15% of public primary schools had functional ICT facilities during 2022/2023 academic year – EduWatch

    Africa Education Watch (EduWatch) has revealed that by the conclusion of the 2022/2023 academic year, only 15 percent of the 15,368 primary schools in the public sector had functional ICT facilities.

    Similarly, among the 11,735 public Junior High Schools (JHS), only 13 percent possessed operational ICT facilities, as disclosed in EduWatch’s Volume 30 report focused on bridging the ICT facilities gap in Ghana’s public basic education system.

    “By the end of the 2022/2023 academic year, only 15 percent of the 15,368 primary schools in the public sector, and 13 percent of the 11,735 public JHS had functioning ICT facilities.

    “Positioning Ghana’s basic education system to deliver Digital Literacy to all, regardless of geographical location, requires providing direct access to ICT facilities for about 13,000 primary schools and 10,000 more JHS.

    “Digital Literacy at the basic education level was one of the challenging education indicators for Ghana in the recently published Global Youth Development Index, in which Ghana reportedly ranked 125 out of 183 countries, with the lack of functioning ICT facilities in most of its public basic schools being a causative factor,” it stated.

    The report emphasized the urgent need to equip approximately 13,000 primary schools and an additional 10,000 JHS with direct access to ICT facilities to ensure Digital Literacy for all students, regardless of their geographical location.

    This call comes in light of Ghana’s ranking of 125 out of 183 countries in the Global Youth Development Index, with the lack of operational ICT facilities in most public basic schools identified as a significant contributing factor to the country’s digital literacy challenges.

    EDUALERT-VOL-30-1Download
  • Accusations suggesting I tried engaging in dual voter registration is entirely false – Richard Ahiagbah

    Accusations suggesting I tried engaging in dual voter registration is entirely false – Richard Ahiagbah

    The Director of Communications for the New Patriotic Party (NPP), Richard Ahiagbah, has refuted allegations of attempting dual voter registration during the Limited Voter Registration Exercise.

    He categorically dismissed the reports as baseless and unfounded.

    Tensions flared at a Ketu South electoral registration center on Saturday, May 11, 2024, as Ahiagbah sought to enroll on the electoral roll.

    According to accounts, the processing of his application was halted following objections raised by officials representing the National Democratic Congress (NDC).

    The NDC representatives asserted that Ahiagbah, having participated in the 2020 election, would be in violation of electoral laws if allowed to register again.

    In a statement released Mr Ahiagbah countered the allegations, stating, “I have seen some videos on social media by NDC operatives to misinform Ghanaians. The claim that I tried to do double registration is false and without merit.

    Here is what happened:

    1. I have registered and voted in Ketu South since 2000, and my citizenship and sonship of Ketu South are well-known to the NDC agent who challenged my eligibility today.
    2. In 2020, I received a voter’s ID for the 2020 general elections from the Electoral Commission. However, during the 2023 limited voter registration exercise, my biometrics failed to register, and I’ve since discovered that many others have had the same issue.
    3. I tried to rectify this administrative error during the 2023 limited voter registration exercise, but the EC officials advised me to seek inclusion later or get a new voter’s ID card during the 2024 limited voter registration window.
    4. Today, I went to the registration center where I registered in 2020 to fix the EC’s administrative error, but I was met with a frivolous and obstructive challenge to my eligibility.
    5. Despite my attempts to advise the NDC challenger to stop obstructing the registration process, both the NDC agents and EC officials paid no attention.
    6. This challenge is a sign of more disruptive acts to come. Therefore, I urge the EC to take a firm and decisive stance to deal with these tendencies and ensure peace.
    7. I am committed to going through all the necessary processes to get my name on the register, exercise my democratic right to vote, and support the New Patriotic Party on December 7th.

    Thank you.

    Richard Ahiagbah
    Director of Communications, New Patriotic Party

  • $190m MCC withdrawal amid PDS scandal could heighten power supply crisis – Energy Analyst

    $190m MCC withdrawal amid PDS scandal could heighten power supply crisis – Energy Analyst

    Energy analyst, Dr. Yusif Sulemana, has labeled the Millennium Challenge Corporation’s (MCC) decision to retract the $190 million compact as “a double whammy.”

    Speaking on TV3’s News Central, Dr. Sulemana emphasized that the withdrawal stemmed from insufficient capital and systemic inefficiencies within the electricity distribution chain.

    He pointed out that despite challenges, the involvement of Independent Power Producers (IPPs) in power generation has injected vitality into the sector.

    “We haven’t done the right thing and if you haven’t done the right thing and you expect something magical to happen, nothing will happen. I see that as a double whammy. This is a time that if you look at what is happening at the moment, is all because of what we couldn’t do in the distribution arm of it. First, we don’t have the capital that is is required and the inherent inefficiency in the system and that’s culminating in what we have today,” he explained.

    “When we have efficient private sector participation in energy sector, two things will happen: number one, they will inject the required capital that is needed to rejuvenate the system. To make the system resilient. Number two, private sector participation will minimize political interference in sector,” he explained.

    Dr. Sulemana advocated for enhanced private sector participation in distribution to improve efficiency and reduce political interference.

    He stressed the importance of selecting partners focused on business benefits rather than parasitic investment.

    Regarding the lost funds, Dr. Sulemana highlighted the need for investments in the current system, particularly in metering infrastructure, to mitigate commercial losses faced by the Electricity Company of Ghana (ECG).

    Meanwhile, Ben Boakye, Executive Director of ACEP, attributed the loss to political manipulations under the Millennium Development Authority (MiDA).

    John Dramani Mahama, flagbearer of the NDC, pledged to investigate the PDS scandal if elected, blaming corrupt governance practices for the loss.

    Background: The PDS concession, part of Millennium Challenge Compact II, was suspended in 2019 due to breaches, leading ECG to regain control of power distribution.

  • Chaos erupts as Richard Ahiagbah allegedly attempts to register for voter ID at Ketu South EC centre

    Chaos erupts as Richard Ahiagbah allegedly attempts to register for voter ID at Ketu South EC centre


    Chaos erupted at the Ketu South electoral registration center on Saturday, May 11, 2024, as the New Patriotic Party’s (NPP) Director of Communications, Richard Ahiagbah, arrived to register as a voter.

    Reports indicate that the processing of Ahiagbah’s details was halted following objections raised by officials from the National Democratic Congress (NDC).

    NDC agents argued that Mr Ahiagbah had voted in the 2020 election, potentially leading to double registration if his application proceeded.

    A video of the incident depicts a chaotic scene at the registration center, with NDC agents questioning Ahiagbah’s eligibility to vote.

    Initially calm, the video later shows NPP executives expressing frustration to a police officer present at the scene.

    Meanwhile, purported evidence suggests that Ahiagbah participated in the 2020 election, although his name was not printed on the voter roll.

    A photo of the voter register from the election shows Ahiagbah’s details handwritten at the bottom by an electoral official before he cast his vote.

    In response, the opposition NDC is calling for Ahiagbah’s arrest for alleged double registration.

    Malik Basintale, NDC’s Deputy National Communication Officer, urged the Ghana Police Service to arrest Ahiagbah immediately, warning against attempts to rig the elections.

    “We will not tolerate this attempt by the NPP to use dubious means to steal the mandate of Ghanaians in the December 7 elections. We have the challenge form with us, and we are calling on the Ghana Police Service to arrest him immediately. If they fail to do so, we will initiate a citizen’s arrest,” he said.

    “We will not stand by and watch the NPP engage in illegal activities to rig the elections,” Basintale warned.

    “We will do everything within our power to ensure that the will of the people is respected,” he told News Night Anchor Michael Addo on Metro TV.

  • Ghana Meteo predicts thunderstorms, variable rains across the country

    Ghana Meteo predicts thunderstorms, variable rains across the country

    The Ghana Meteorological Agency has issued a thunderstorm and heavy rain warning for the southern region of the country.

    In an advisory released on Saturday, May 11, the agency cautioned the public to brace for strong winds accompanying the thunderstorms and precipitation.

    These weather patterns are attributed to a rainstorm hovering near the Togo-Benin border and another one observed over the Gulf of Guinea.

    The agency forecasts that these systems will move westward and northward respectively, resulting in thunderstorms and downpours over southern Ghana.

    Areas expected to be significantly affected include Hohoe, Kpando, Keta, Aflao, Dodge, Koforidua, Kpong, Mafi Kumase, and their environs.

    Moderate impacts are anticipated in Accra, Tema, Dodowa, Madina, Pokuase, Kasoa, Haatso, and adjacent localities.

    Meanwhile, Kumasi, Mankesim, Cape Coast, Saltpond, Takoradi, Tarkwa, Obuasi, and surrounding areas are likely to experience minimal effects from the weather conditions.

  • 2 lives lost, 5 injured in gas explosion at Spintex

    2 lives lost, 5 injured in gas explosion at Spintex

    Two individuals have tragically lost their lives, while five others are currently under medical care following an explosion at Joyea Construction situated at Spintex along the Accra-Tema motorway on Friday afternoon.

    The Tema Regional Public Relations Officer of the Ghana National Fire Service, DOIII Ebenezer Yenzu, confirmed this distressing incident to Joy News.

    “We received a distress call over a blast at Joyea Construction and had to respond immediately. We then dispatched the personnel at the fire station around Kasapreko to the scene”.

    “Joyea is into construction works, roofing sheets, trusses and other things. We have gathered that one of the oxyacetylene gas tanks used as part of metal fabrication ruptured. Oxyacetylene is obtained by combining acetylene gas and oxygen, and it is used for welding and cutting of metal,” he shared.

    “A number of possibilities could lead to the oxyacetylene tank rupturing. It could be due to leakage from the tank, the nozzle, whether the concentration level was too high, positioning of the tank, exposure to heat and other factors. Our investigations will look at all these,” DOIII Yenzu noted.

    DOIII Yenzu explained that Joyea Construction is involved in various construction activities, including roofing sheets and trusses, and that the explosion resulted from the rupture of an oxyacetylene gas tank used in metal fabrication.

    While no fire erupted from the explosion, the Fire Service aims to determine the exact cause, considering multiple potential factors such as tank leakage, concentration levels, positioning, and exposure to heat.

    Identifying the root cause, according to DOIII Yenzu, is crucial for preventing future incidents.

    The Fire Service’s primary focus at the site is to mitigate all hazards, and they plan to engage with Joyea Construction management and workers once the area is deemed safe.

    In addition to ensuring safety post-explosion, the Fire Service is closely monitoring the condition of the five injured individuals.

    DOIII Ebenezer Yenzu also provided advice for companies handling industrial materials, urging them to regularly monitor temperature, check equipment for leakages, and maintain proper safety protocols to prevent accidents.

  • I will build a future where mothers and children thrive in safety and security – Mahama

    I will build a future where mothers and children thrive in safety and security – Mahama


    Former President, John Dramani Mahama has expressed his commitment to creating a future where mothers and children can thrive, acknowledging the sacrifices and dedication of mothers in his Mother’s Day message.

    In his statement, Mahama promised to ensure that the sacrifices of mothers do not go unnoticed and reaffirmed his dedication to building a Ghana that caters to the needs of all generations.

    “I recognize the sacrifices and dedication of our mothers, and I am determined to create a future where every mother and her children can thrive,” he stated.

    Mahama’s message, shared on Mother’s Day, emphasized his vision for a Ghana where mothers can raise their children in safety and security, with access to quality healthcare, education, and economic opportunities.

    His post celebrated the impact of mothers on society, highlighting their strength, wisdom, and resilience as the foundation of communities.

    In conclusion, Mahama extended his gratitude to all Ghanaian women for their love, care, and unwavering support, wishing them a Mother’s Day filled with love and joy.

    “I want to reaffirm my commitment to building a Ghana that works for all generations—a Ghana where mothers can raise their children in safety and security, where they have access to quality healthcare, education, and economic opportunities.”

    Read Mahama’s post below:

    Happy Mother’s Day!

    Today, we celebrate and honor the incredible impact our mothers have on our society. Your strength, wisdom, and resilience are the foundation of our communities.

    Today is a special day for all women, and on my part, I want to reaffirm my commitment to building a Ghana that works for all generations—a Ghana where mothers can raise their children in safety and security, where they have access to quality healthcare, education, and economic opportunities.

    I recognize the sacrifices and dedication of our mothers, and I am determined to create a future where every mother and her children can thrive.

    Thank you for your love, care, and unwavering support. Happy Mother’s Day to all Ghanaian women. May your day be filled with love and joy.

  • Dollarising Ghana’s economy to will tackle Cedi depreciation – Dr Kwakye

    Dollarising Ghana’s economy to will tackle Cedi depreciation – Dr Kwakye

    Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwabena Kwakye, has proposed adopting the dollar as Ghana’s currency to stabilize the economy.

    “Stabilising the economy is not rocket science. If we feel we cannot maintain the Cedi, let us abandon it and adopt the dollar. Let us dollarise the economy,” he said.

    “Dollarisation” is when a country begins to recognize the U.S. dollar as a medium of exchange or legal tender alongside or in place of its domestic currency.

    Dr. Kwakye suggested that dollarization should be a temporary measure until the economy rebounds, after which Ghana can reintroduce its currency.

    Dollarization occurs when a country recognizes the U.S. dollar as legal tender alongside or instead of its domestic currency due to instability.

    Advantages include lower administrative costs and a sounder financial sector, while disadvantages include loss of monetary autonomy and vulnerability to foreign influence.

    He also proposed converting the central bank into a currency board, where the local currency is pegged to a foreign reserve currency, allowing for a fixed exchange rate.

    Dr. Kwakye criticized the government for failing to implement alternative strategies, opting instead to collateralize assets for loans under the IMF program, limiting policy flexibility.

    He expressed concern over recent exits of foreign companies from Ghana, such as Glovo and reports about Société Générale (SG) Ghana, citing the loss of competitiveness and its adverse impact on the economy.

    In response, Mr. Yaw Sampah, a private legal practitioner and finance analyst, disagreed with Dr. Kwakye’s proposal to dollarize the economy.

    He advocated for policies to diminish the dollar’s significance in Ghana, aiming to reduce speculative demand and promote the use of the local currency.

    Mr Sampah emphasized the need to discourage dollar pricing in various sectors, suggesting that the dollar should only be used for international transactions to strengthen the local currency’s value.

  • The most pragmatic EC Chair Ghana has had is Afari Gyan – Franklin Cudjoe

    The most pragmatic EC Chair Ghana has had is Afari Gyan – Franklin Cudjoe

    The President of IMANI Africa, Franklin Cudjoe, has lauded the Former Chairman of the Electoral Commission (EC), Dr. Kwadwo Afari Gyan, as the most practical Electoral Commissioner Ghana has ever known.

    In an interview with Selorm Adonoo on The Big Issue on Citi TV, Mr. Cudjoe commended Mr. Gyan’s pragmatic approach to overseeing the country’s electoral procedures.

    Mr. Cudjoe credited the successful organization of numerous elections during Afari Gyan’s tenure to his adept handling of Ghana’s intricate political landscape, a contrast to the current situation under the leadership of Commissioner Jean Mensa.

    While acknowledging that Mr. Gyan faced his own set of challenges, Mr. Cudjoe emphasized his pragmatism.

    “…By far he’s [Afari Gyan] been the most pragmatic of all the ECs [Chairs] that we have had.”

    He further indicated that “…I am so pained that just pragmatic simple stuff that she [Jean Mensa] could have pumped some sense into the other commissioners and then get a befitting EC whose public confidence would have been probably 70 or 80 by now. She failed abysmally.”

  • We have returned $250m loan procured from ADB for cocoa farm irrigation – COCOBOD

    We have returned $250m loan procured from ADB for cocoa farm irrigation – COCOBOD

    The Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has revealed that the organization has reimbursed $250 million obtained from the African Development Bank earmarked for irrigation initiatives in cocoa farms.

    Mr Aidoo explained that the Ghana Irrigation Authority, serving as consultants for the project’s execution, advised against its feasibility due to the contamination of rivers by illegal mining activities, posing a threat to cocoa trees.

    “When Cocoa Board went to the African Development Bank to secure some US$600 million, then we had to return $250 million. Part of that money was intended for irrigation.

    “We commissioned the Ghana Irrigation Development Authority to do a pre-appraisal for our assessment, and the report we brought was that almost all the rivers were contaminated.”

    He stressed that without addressing illegal mining activities, the cocoa industry remains at risk.

    Mr Aidoo highlighted that most rivers in cocoa-growing regions are polluted, rendering the water unfit for cocoa cultivation.

    This predicament, he noted, has compelled farmers to incur additional expenses by transporting water from their homes to their farms.

    “Previously, the farmer gets to the nearest stream around the farm, and then he fetches the water to do the mass spraying and all that. But now, you cannot, because the leaves have process, which we call the stomata.

    “And once you spray this muddy water onto it, the mud is going to block, this stomata and within a short time, you find all the leaves coming down. The trees will die. You cannot also use it for irrigation because it means that you have to be changing your filters almost every day,” he said.

  • Are you waiting to be voted out before you make things right? – Bridget Otoo to NPP on cedi depreciation

    Are you waiting to be voted out before you make things right? – Bridget Otoo to NPP on cedi depreciation

    Ghanaian journalist, Bridget , has expressed grave concern about the escalating exchange rates.

    Through the X platform, Bridget Otoo conveyed her unease regarding the servicing of external debts, emphasizing at a lack of proactive measures from the government.


    She pondered whether the Akufo-Addo-led administration intentionally deferred debt servicing until after elections—a decision she deemed perplexing and detrimental.

    “Eiiii $1=15? We are not Paying out external debts oooooo Is it that this incompetent government has decided not to service it till they are voted out? …. It makes zero sense,” she wrote.


    Meanwhile, a renowned financial and media entity, Bloomberg, has foreseen a further depreciation of the Ghanaian cedi by the conclusion of 2024.


    The projected rate stands at GH¢15.98 against the dollar.

    Data from the Ghana Association of Forex Bureaux reveals a depreciation exceeding 14% since the year’s commencement.


    Presently, the dollar is traded at GH¢14.75 in retail markets.

    On a global scale, Bloomberg highlighted the cedi‘s prolonged weakness against major currencies, marking its lengthiest period of decline in 22 trading sessions, as per Bloomberg’s records dating back to 1994.


    The methodology employed by Bloomberg for cedi projection relies on forward pricing, determined by spot rates and interest rate disparities between the two currencies.

    Bloomberg attributed the dwindling dollar supply to a decline in cocoa revenue, with exports plummeting by almost a third to $508 million in the initial months of the year due to adverse weather conditions, diseases, and fertilizer shortages.

  • Roads to Manhyia Palace to be blocked May 12 for Adae Kese festival

    Roads to Manhyia Palace to be blocked May 12 for Adae Kese festival

    On Sunday, May 12, the Manhyia Palace has announced the closure of all roads leading to the palace.

    In an official statement released on May 11, the Palace specified that only vehicles displaying appropriate stickers will be permitted to access these roads.

    “This is to give dignitaries attending the Adae Kese easy passage to the Palace,” it added in a statement dated May 11.

    The purpose of this measure, according to the statement, is to facilitate the smooth passage of dignitaries attending the Adae Kese to the Palace.

    Furthermore, the Palace emphasized that tricycles, commonly known as pragia and aboboyaa, are prohibited from the vicinity of the Manhyia Palace on Sunday.

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  • My pledge to elevate KNUST to premier global status still holds – Otumfuo

    My pledge to elevate KNUST to premier global status still holds – Otumfuo

    The Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST), Otumfuo Osei Tutu II, has reaffirmed his dedication to maintaining the institution’s esteemed reputation on the global platform.

    Addressing attendees at the Chancellor’s Week celebration organized by KNUST, Otumfuo reiterated his commitment to advancing the university’s growth and progress.

    “My association with the university reaffirms my commitment to ensure that this institution ascends to greater heights.

    “I stand by the commitment I made upon assuming the role of chancellor, to propel KNUST to become one of the premier educational institutions in the world,” myjoyonline.com quoted him to have said.

    The Chancellor’s Week festivities, themed “The Asantehene and Chancellor of KNUST: 25 years of Exemplary Leadership,” featured an array of engaging activities, including debates, musical performances, the Chancellor’s Cup, and Chancellor’s Day.

    Expressing appreciation for the accolade bestowed upon him, Otumfuo acknowledged the collaborative efforts that have propelled the university’s advancement.

    “I extend my heartfelt appreciation to the entire university community. Your words of inspiration and appreciation fuel my commitment. Together, with entities such as TEWU, GRASAG, and UTAG, we will continue to nurture this relationship for the betterment of the university,” he stated.

    Dr. Yaw Adutwum, Minister of Education, commended Otumfuo for his transformative impact on the educational sector, notably through initiatives like the Otumfuo Education Foundation.

    “You have been a beacon of hope for Ghanaian youths, providing opportunities for education where there were none. Your vision of equal access to education has reshaped countless lives and fostered a more equitable society,” Dr. Adutwum lauded.

  • Prempeh International Airport to boost trade and investments in Ashanti Region – Ahiagbah

    Director of Communications for the New Patriotic Party (NPP), Richard Ahiagbah, heralds the opening of the Nana Agyemang Prempeh I International Airport in Kumasi as a catalyst for trade flows and investments in the Ashanti Region, anticipating a surge in development.

    In a statement on the X platform, Ahiagbah praised President Akufo-Addo for the successful completion of the expansion work, transforming the Kumasi International Airport into the Nana Agyemang Prempeh I International Airport.

    He expressed confidence that this significant investment would unlock opportunities for economic growth and prosperity, urging support for the NPP’s vision under the leadership of Vice President Bawumia.

    President Akufo-Addo officially commissioned the Prempeh I International Airport on May 10, 2024, with the Asantehene, Otumfuo Osei Tutu II, by his side.

    The ceremony was attended by traditional leaders, government officials, and NPP members.

    The airport’s transformation promises to reduce reliance on Accra for international flights, benefiting residents of the Ashanti Region and northern parts of the country.

    The completion of the second phase in May 2018, which included a new terminal building and other amenities, generated excitement among residents.

    Despite delays in the final phase due to financial constraints, the airport is now equipped to handle international flights, boasting a capacity of 800,000 passengers annually.

    President Akufo-Addo hailed the airport as a symbol of development and progress, emphasizing its role in facilitating economic ties, international trade, and tourism.

    “This project is not only critical for government but also very dear to the people of Ashanti Region. It will not only meet the needs of the people of Ashanti Region but also a symbol of development and progress. The airport will serve as an important gateway forging economic ties, supporting international trade and tourism, and promoting cultural exchange,” he said.

    Speaking on behalf of the Asantehene, the Juabenhene Nana Otuo Siribuor II, commended the president for completing the project.

    “The operation of the airport is going to make the cost of traveling cheap for us because sometimes you get to Accra and due to bad weather, you can’t fly to Kumasi. You either have to lodge in a hotel or come to Kumasi by road. We thank the President for delivering his promise to the good people of Ashanti”, Nana Otuo Siribuo II said.

    “We’ve been looking forward to the completion of this airport for long and we are now excited,” he said.

    Representing the Asantehene, Juabenhene Nana Otuo Siribuor II, commended the president for fulfilling his promise and highlighted the airport’s potential to lower travel costs.

    Local businesses, such as the Car Rentals Association of Ghana, anticipate new opportunities arising from the airport’s opening.

    While residents eagerly await the airport’s full operation, Transport Minister Kwaku Ofori Asiamah explained that some ancillary works, including the runway extension, are still underway. He assured that commercial operations would commence after the completion of necessary works by the end of June, ensuring a smooth transition into the new facility.

    “H.E Nana Addo Dankwa Akufo-Addo has successfully completed the expansion work at the Kumasi International Airport.

    As of today, it will be known as the Nana Agyemang Prempeh I International Airport.

    “This remarkable investment will undoubtedly open up the region for trade flows and investments, setting the stage for a rapid surge in development. With your vote, Bawumia will add on to the legacy of growth and prosperity for our people. It’s possible! Great commendation to H.E. Akufo-Addo and the New Patriotic Party,” he wrote on his X platform.

  • My wife is understanding and a great pillar to me – Otumfuo

    My wife is understanding and a great pillar to me – Otumfuo

    The Asantehene, Otumfuo Osei Tutu II, attests to the saying that behind every successful man stands a strong and wise woman.

    He elaborated in an interview on how his queen, Lady Julia, has been instrumental in his reign as a monarch.

    During the commemoration of his 20-year reign on the Golden Stool, the Asantehene, in an exclusive interview with Graphic Online, delineated the sacrifices and roles his queen, Lady Julia, undertook to ensure his success.

    Despite the weighty responsibilities of his position as occupant of the Golden Stool, which limit his time with his family, Lady Julia remains steadfastly supportive, serving as an extraordinary pillar to him, as stated by the Asantehene himself.

    “My wife is an extraordinary pillar. Being Asantehene is demanding, and you need to have a wife who understands you,” remarked the Asantehene.

    He further noted, “The only day that I have some time to attend to my family is Saturday, but even then, people sometimes come to my residence for various reasons.”

    Lady Julia is actively involved in ceremonial duties as the wife of the Asantehene and spearheads several projects initiated by the Manhyia Palace. Among these endeavors are:

    Serwaa Ampem Foundation:
    Lady Julia leads the Serwaa Ampem Foundation, a non-governmental organization named after Otumfuo’s late mother, the late Asantehemaa, Nana Afia Kobi Serwaa Ampem II. The foundation focuses on children infected with HIV/AIDS and family planning. It operates under the Otumfuo Osei Tutu II Charity Foundation (OOCTF), where Lady Julia chairs the Board of Trustees.

    Otumfuo Mobile Dental Project and Serwaa Ampem Orphanage of Wheels:
    Under Lady Julia’s guidance, the Serwaa Ampem Foundation has established the Otumfuo Mobile Dental Project and the Serwaa Ampem Orphanage of Wheels. These initiatives provide vehicles to transport health professionals to villages for dental services for the local populace and orphans, all at no cost. According to recent reports, over 150,000 children and young people have benefited from these initiatives.

    Advocacy for disease prevention programs:
    Lady Julia actively advocates for healthcare promotion, particularly in disease prevention programs such as HIV, tuberculosis, immunization, and malaria. She collaborates with organizations like the World Health Organization (WHO), the World Bank, and the Ghana Health Service to pioneer work in Mother-to-Child Prevention of HIV. This includes sensitization workshops for 560 traditional leaders and community durbars in the Ashanti and former Brong Ahafo Regions.

  • Kennedy Agyapong claims I am a murderer yet he is unable to proof that – Kwesi Alhaji

    Kennedy Agyapong claims I am a murderer yet he is unable to proof that – Kwesi Alhaji

    Kwesi Alhaji, purportedly holding the title of Mankrodo in Gomoa, Central Region, vehemently denies allegations of torturing and murdering people over land disputes.

    Accused of orchestrating terror and violence, Kwesi Alhaji faces allegations from various quarters, including Member of Parliament for Assin Central, Kennedy Agyapong.

    During an interview on Adom FM, monitored by GhanaWeb, Kennedy Agyapong accused Kwesi Alhaji of terrorizing the people of Gomoa, alleging murders over land disputes and claiming to possess evidence to support his claims.

    In response to the accusations, Kwesi Alhaji, in an exclusive interview with Nana Yaa Brefo, refuted the claims, asserting he has never killed anyone nor contracted anyone to commit murder on his behalf.

    He recounted rushing to Adom FM’s premises upon learning of Kennedy Agyapong’s accusations during a live broadcast, challenging the legislator to produce evidence.

    However, according to Kwesi Alhaji, Kennedy Agyapong failed to provide any evidence despite the opportunity.

    “They say I murder and keep the corpses of my victims in the fridge. I am aware Kennedy Agyapong said that. At the time he made those accusations against me, he was with Allotey Jacobs and I had gone to buy an air conditioner at Circle, so immediately I heard that, I rushed to the premises of the station to challenge Kennedy Agyapong to show us where I store the bodies of those he alleges I have killed. But he couldn’t even come down to face me,” Kwesi Alhaji explained.

  • EC’s missing BVRs could be a ploy for illegal registration – NDC


    The National Democratic Congress (NDC) has voiced concerns regarding the disappearance of Biometric Voter Registration (BVR) kits from the Electoral Commission (EC), suggesting potential misuse for illegal voter registration in the upcoming December 7 elections.

    Johnson Asiedu Nketia, NDC’s National Chairman, expressed suspicions about the stolen kits possibly being utilized for unauthorized voter registration.

    He questioned how hardware could be stolen under CCTV surveillance and raised concerns about the potential theft of activation codes.

    “That remains our suspicion…If hardware can be stolen under CCTV surveillance, why not the activation code?” he asked.

    “to resist the EC’s clandestine attempts aimed at diminishing transparency in the voter registration exercise.”

    “Let me emphasize that our agents must activate the party’s super hi-tech application systems to transmit all serial numbers of BVR kits in their districts and electoral areas to the National Elections and IT Directorate of the party, with or without the approval of the EC” he said.

    Addressing a press conference in Accra, Mr. Nketia instructed party registration agents nationwide to resist any covert actions by the EC aimed at undermining transparency in the voter registration process.

    He emphasized the activation of the party’s advanced application systems to transmit all BVR kit serial numbers to the party’s Elections and IT Directorate, regardless of EC approval.

    Faced with the looming threat of a compromised voter register, the party directed its agents to record the serial numbers of all deployed BVR kits during the ongoing limited voter registration exercise.

    This measure aimed to trace and identify registration data origins and track authorized EC officials operating BVR kits to prevent clandestine registration attempts.

    Mr. Nketia highlighted the party’s determination to safeguard the 2024 elections by documenting each BVR kit’s serial numbers.

    He underscored instructions for agents to record replacement BVR kit serial numbers and usage details in case of malfunction during registration.

    Expressing surprise at the EC’s opposition to their preventive measures, Mr. Nketia questioned the motive behind denying NDC registration agents the recording of BVR kit serial numbers. He urged transparency, suggesting that if the EC had nothing to conceal, political parties should be permitted to record BVR kit serial numbers during the limited voter registration exercise.

    Mr. Nketia pointed out the routine recording of Biometric Verification Devices (BVDs) serial numbers on election day and questioned the rationale behind prohibiting BVR kit serial number recording.

  • Dollar expected to hit GHS16 by end of 2024 – Bloomberg

    Dollar expected to hit GHS16 by end of 2024 – Bloomberg


    A renowned financial and media corporation, Bloomberg, has forecasted further depreciation of the Ghana cedi by the conclusion of 2024.

    As per Bloomberg’s projection, the cedi is anticipated to hit GH¢15.98 against the dollar.

    Reports from the Ghana Association of Forex Bureaux reveal that the cedi has experienced a depreciation of more than 14% since the start of the year.

    Presently, the dollar is trading at GH¢14.75 in the retail market.

    In terms of its performance on the global stage, Bloomberg noted that the cedi is undergoing its lengthiest period of weakness against the dollar and other major currencies.

    The local currency has not shown significant gains against the dollar in the past 22 trading sessions.

    “This represents the longest streak as per Bloomberg’s compiled data dating back to 1994.”

    Bloomberg elucidated its cedi projection methodology, stating that its “forward pricing is computed based on the spot rate and the interest rate differentials between the two currencies for the forward’s tenor.”

    Bloomberg attributes the dwindling dollar supply to “a decline in cocoa revenue, with exports plummeting by almost a third to $508 million in the first two months of the year due to adverse weather, diseases, and fertilizer shortages.”

    “It is the longest streak according to data compiled by Bloomberg going back to 1994.”

    The cedi’s depreciation has been linked to a deficit in dollar supply to meet the escalating demand.

    “forward pricing is calculated based on the spot rate and the interest rate differentials between the two currencies for the tenor of the forward.”

    Bloomberg blames the decline in dollar supply on “a slump in cocoa earnings, with exports dropping by nearly a third to $508 million in the first two months of the year due to adverse weather, disease, and fertilizer shortages.”

  • EC is like other institutions, it is not immune to challenges – NPP to NDC

    EC is like other institutions, it is not immune to challenges – NPP to NDC

    A member of the National Communication Team of the New Patriotic Party (NPP), Saaka Salia, has criticized the National Democratic Congress (NDC), accusing them of habitually criticizing the Electoral Commission (EC) over minor matters.

    Mr. Salia emphasized that the EC, like any institution, faces challenges and is not immune to them.

    He referenced the ongoing limited voter registration exercise, where the NDC instructed its party agents to document the serial numbers of Biometric Voter Registration (BVR) kits.

    In response, the EC declined the NDC’s request, citing security concerns.

    The NDC Chairman, Mr. Johnson Asiedu Nketia, instructed party agents to record the serial numbers of replaced BVR kits during registration.

    “Our agents also have our firm instructions that if BVR kits malfunction and are replaced during registration, they should duly record the serial numbers of the new BVR kits and the date and time of use,”he added.

    However, Saaka Salia, speaking on TV3’s New Day, defended the EC, suggesting that the NDC’s criticisms aim to discredit the Commission intentionally.

    Regarding technical challenges, the EC directed its District Officers to switch to offline mode to expedite the registration process. They assured stakeholders that if there’s a backlog of voters, the registration period will be extended beyond the May 27 deadline.

    Salia acknowledged the EC’s efforts to address challenges and improve the registration process, attributing some issues to factors beyond the Commission’s control, such as internet connectivity problems. He criticized the NDC for consistently attacking the EC, even over trivial matters.

  • My vote will depend on Akufo-Addo’s final verdict on anti-LGBTQI bill – Edem Senanu

    Co-chair of the Citizens Movement against Corruption, Edem Senanu, has expressed his intention to cast his vote in the upcoming elections based on how the Presidency handles the anti-LGBTQI bill.

    He voiced dissatisfaction with the way the bill has been handled thus far by the Presidency.

    During an appearance on the Key Points program on TV3, he criticized the unprecedented situation where the President claimed awareness of a lawsuit even before its filing, emphasizing the political implications of the issue.

    “It has never happened in the history of this country that a bill is sent to the president before he receives it he says he is aware of a suit which has not even been filed. this is a political issue, it has implications for us, the party must recognize that those of us watching will vote based on how the bill is treated.

    “My vote will count on its bill, let us serve this notice.”

    Senanu emphasized that voters like himself will consider the treatment of the bill in deciding their votes, issuing a notice to that effect.

    The Supreme Court indefinitely adjourned the case related to the anti-LGBTQI bill, citing documents presented by the Speaker of Parliament containing objectionable language.

    The court instructed the Speaker’s lawyers to submit new documents. Despite the dismissal of the Speaker’s lawyer’s preliminary objection, the court permitted amendments to the motion for injunction sought by broadcast journalist Richard Sky, over the Speaker’s objections.

    Chief Justice Gertrude Torkoornoo, leading the Apex Court, criticized the unnecessary preliminary objection and emphasized parties’ rights to present appropriate formulations of their reliefs.

    The Chief Justice rebuked the Speaker’s lawyers for wasting the court’s time.

    Meanwhile, Ghanaian journalist Richard Dela Sky and researcher Dr. Amanda Odoi are scheduled to appear before the Supreme Court to advance their respective lawsuits contesting the passage of the anti-LGBTQ+ Bill.

  • Price of cocoa in New York falls by 2.5%, reaching $8,482 per ton

    Price of cocoa in New York falls by 2.5%, reaching $8,482 per ton

    Cocoa prices in New York dipped as promising rains were anticipated for West African agricultural regions, while Rabobank suggested that the extraordinary surge in prices has likely reached its peak for this year.

    Futures tumbled by up to 2.5% to $8,482 per ton. Despite lingering volatility, recent trading activity has shown a relative calm compared to the significant fluctuations witnessed in recent weeks.

    Cocoa reached an all-time high above $11,000 in mid-April due to severe shortages before experiencing a partial retracement.

    Although a swift return to pre-surge price levels is improbable, Rabobank analyst Paul Joules indicated in a report that the zenith of the rally has likely passed, with prices expected to trend downwards.

    Joules explained, “A blend of diminishing global demand and increased production, particularly from regions lacking fixed farmgate pricing, is anticipated to ease the substantial uncertainty embedded in current futures valuations.”

    Nevertheless, he added, “Elevated cocoa prices are anticipated to persist for the foreseeable future.”

    Market participants are closely monitoring crop conditions in West Africa, the primary cocoa-producing region, following poor harvests that resulted in a third consecutive annual deficit.

    Forecaster Maxar Technologies Inc. predicts some precipitation for West African countries such as Ivory Coast and Ghana within the next five days.

    Maxar Technologies Inc. noted, “The potential rainfall could support crop growth and marginally enhance soil moisture in certain areas.”

  • Millennium Challenge Corporation is considering working in Ghana – CEO

    Millennium Challenge Corporation is considering working in Ghana – CEO


    The Millennium Challenge Corporation (MCC) has expressed openness to potentially working in Ghana again, although it currently has no immediate plans for investment, especially in the country’s energy sector, which is currently grappling with challenges.

    During a virtual press briefing following the 16th US-Africa Business Summit in Dallas, Texas, Alice Albright, the Chief Executive Officer of the Corporation, made these remarks in response to inquiries about the discontinued 2019 US$190 million funding agreement between the government and Power Distribution Services (PDS) aimed at investing in Ghana’s energy sector.

    “We did have a compact with Ghana, and the compact is closed, and we were able to complete a fair amount of that work.  Right now, we don’t have any immediate plans to work again in Ghana.

    “But we can always look again to see if Ghana may become a country that we can work with again,” she said.

    Albright also emphasized the Corporation’s focus on several energy compacts across the continent, given the critical role of the sector in overall economic development.

    These developments coincide with calls from some industry stakeholders for the privatization of Ghana’s Electricity Company (ECG) amid the country’s power outages primarily due to financial constraints.

    The Energy Commission, in its December 2023 Energy Outlook for Ghana, warned of irregular power outages in 2024, stressing the need for government investments to ensure consistent gas supply.

    “To obtain adequate funding for ECG’s operations, the International Monetary Fund (IMF) has suggested that the country implement robust reforms to encourage utility service providers to recover their costs,” said Ms. Catherine Pattillo, an IMF Deputy Director.

    Luc Eyraud, Division Chief of the African Department at the IMF, also advocated for a rebalancing of tariff structures to enhance cost recovery and increase the contribution of renewable energy through private sector involvement.

    These statements were made at a press briefing earlier this month, where it was suggested that such measures would facilitate the provision of reliable and sustainable power for both industrial and residential use.

    Furthermore, during the recently concluded IMF/World Bank Group Annual Meetings in Washington, US, Dr. Mohammed Amin Adam announced a deal with the World Bank to procure one million modern meters aimed at enhancing revenue collection.

    “Security and adequacy of fuel supply to thermal plants remain the single most important risk to power supply reliability in the country,” the energy sector regulator noted.

    “Sometimes the setup of the energy sector does not provide the utilities the ability to have cost recovery from the charges that they make in order to operate profitably and efficiently and supply energy as needed,” said, Ms Catherine Pattillo, an IMF Deputy Director.

  • Ghana received €55m from EU Member States for vaccine manufacturing – Report

    Ghana received €55m from EU Member States for vaccine manufacturing – Report


    In 2023, European Union Member States collectively contributed almost 55 million euros to facilitate Ghana’s transformation into a vaccine manufacturing hub in Africa.

    Additionally, they have inaugurated a new solar power plant in Upper West, supporting Ghana’s energy diversification efforts, financed by Germany and constructed by Spain.

    During the 2024 Europe Day Reception in Accra, Irchad Razaaly, the European Union Ambassador to Ghana, hailed these initiatives as prime examples of the “Best of Team Europe” collaborations.

    Europe Day, commemorated annually on May 9, celebrates peace and unity in Europe, marking the anniversary of the historic ‘Schuman declaration’ that laid the groundwork for a new era of European political cooperation, ultimately leading to the formation of the European Union.

    This year’s Europe Month theme is “Youth and Skills,” emphasizing the EU’s commitment to empowering Ghanaian youth through Technical and Vocational Education Training (TVET) and supporting young entrepreneurs.

    Ambassador Razaaly reaffirmed the EU’s unwavering belief in Ghana’s future, pledging sustained support for its youth and endeavors towards sustainability.

    Acknowledging the fruitful collaboration with Ghanaian Ministries, Departments, and Agencies, he lauded the successful partnerships and anticipated even greater cooperation in the future.

    He emphasized the EU’s keenness to strengthen its partnership with Ghana, highlighting upcoming milestones such as the opening of Austria’s embassy and the exploration of further collaborations.

    He said, “We share an interest in building a sustainable future for the next generations in Ghana, as a partner, this is what sets us apart, the EU believes in your future, and we are here to stay.”

    These developments underscore the strong EU-Ghana relationship, characterized by shared priorities, interests, and values, including a commitment to upholding the rule of law and democracy.

    Furthermore, they reflect Ghana’s steadfast support for Ukraine’s territorial integrity amid the ongoing Russian aggression.

    Security cooperation has emerged as a cornerstone of the EU-Ghana partnership, with significant investments in military equipment and security programs.

    The Global Gateway initiative has transitioned from planning to implementation in Ghana, driving substantial and transformative investments.

    Kobina Tahir Hammond, Ghana’s Minister of Trade and Industry, underscored the enduring ties and shared values between Ghana and the EU, emphasizing their mutual respect and commitment to common goals.

    He hailed the EU’s instrumental role in supporting Ghana’s development across various sectors over the years, fostering a meaningful partnership that continues to benefit both sides.

  • NPP man reportedly assaulted with machete at Cape Coast during voter registration exercise

    NPP man reportedly assaulted with machete at Cape Coast during voter registration exercise

    During the ongoing limited voter registration drive in Cape Coast North, the Communications Director of the New Patriotic Party (NPP), Justice Agyemang, has been viciously assaulted, sustaining head injuries from a machete attack.

    According to a report on onuaonline.com, the assault on Agyemang was allegedly perpetrated by Eric Sampson, also known as Bullet, purportedly the bodyguard of Samuel Kwamena Mintah, the Member of Parliament for Cape Coast North.

    The chaos erupted at the registration center when individuals seeking to register were reportedly hindered, with suspicions that they were brought from other areas to the venue.

    This led to a confrontation between the MP’s team and members of the NPP.

    Reports suggest that at one point, the machete used to injure the NPP official was in the possession of the MP’s bodyguard.

    Following the violent incident, bystanders rushed the victim to a nearby hospital for medical attention.

    The Electoral Commission’s limited registration initiative, which commenced on May 7, aims to register eligible Ghanaians who have reached the age of 18. The registration process is scheduled to conclude on May 27.

  • More than 2,000 babies in Ghana are fatherless – Statistical report

    More than 2,000 babies in Ghana are fatherless – Statistical report

    The 2022 Statistical Report on birth registration illuminates various facets of Ghana’s demographic composition.

    Among its revelations is the disclosure that 0.3% (2,099 cases) of registered births presented uncertain paternity, indicating instances where the father’s identity was in question.

    The Upper East Region had the highest percentage (0.8%) of such cases, followed by the Central Region (0.7%), and the Western, Eastern, and Volta regions (0.5% each).

    Remarkably, nearly all registered births (99.9%) in the Upper West, Bono East, Ashanti, Savannah, Northern, and North East regions had confirmed paternity, with fathers identified.

    Furthermore, the report underscores that nearly all mothers (99.96%) registering their infants’ births possessed some form of formal education.

    Significantly, 52% of all registered births were by mothers with secondary, vocational, or technical education, while 14% attended only primary school, and 9.7% attended tertiary institutions.

    The Greater Accra Region stood out with the highest percentage (20.1%) of mothers having tertiary education.

    Regarding age distribution, approximately 27.0% of registered infants were born to mothers aged 25-29, followed by those aged 30-34 (23.3%), and 20-24 (22%).

    Mothers below 15 years recorded the least births (0.1%), while those aged 40 and above accounted for 5.4% of births.

    The report also delved into registered deaths, totaling 50,992.

    A significant majority of deaths occurred in the Greater Accra, Ashanti, or Eastern regions, with males constituting six out of every ten registered deaths.

    The Greater Accra, Eastern, Ashanti, and Bono regions surpassed the national average of registered deaths, indicating disproportionately higher figures.

    During the report’s launch, Ms. Henrietta Lamptey, Acting Registrar of the Births and Deaths Registry, emphasized its significance in providing reliable data for public policy formulation and socio-economic planning.

    The report underscores the registry’s commitment to universal birth and death registration, evident in initiatives like the Community Population Register and digitization of registration processes.

    Deputy Minister of the Ministry for Local Government and Rural Development, Osei-Bonsu Amoah, hailed the report’s relevance to Ghana’s socio-economic advancement.

    He lauded the substantial increase in birth registration rates, attributing it to government efforts aimed at achieving universal birth registration and sustainable development goals.

    This progress underscores Ghana’s dedication to ensuring the registration and accountability of every child.

  • Citi FM, TV3 and GHOne did not err in report on AstraZeneca Covid-19 vaccine – Bridget Otoo

    Ghanaian journalist Bridget Otoo has indicated that media outlets Citi FM, TV3 and GHOne did not misreport the potential severe side effects of AstraZeneca’s Covid-19 vaccine. 

    She highlighted on the X platform that the company itself admitted to these risks in court documents.

    “The company that made the Covid vaccine has admitted in court documents that it causes severe and dangerous side effects. Same company issues a PR statement to say they are withdrawing the drug for “commercial reasons” You on twitter say we should believe “the commercial reason and not the severe and dangerous side effects” The fact that a company had to be forced in court to admit this is enough reason to doubt anything they put out. Citi FM, Tv3 and GHONE did not err in their report, they simply reported what the company had admitted in court,” she wrote.

    Recently, pharmaceutical giant AstraZeneca made the significant move to globally withdraw its Covid-19 vaccine due to mounting evidence of potential life-threatening risks.

    This decision followed months of scrutiny and concerns over the vaccine’s safety.

    The British-Swedish company had already halted the marketing of its vaccine, known as Vaxzevria, across the European Union in 2021.

     The withdrawal of its EU marketing authorization was prompted by an oversupply of updated vaccines targeting new Covid-19 variants, leading to decreased demand for Vaxzevria.

    AstraZeneca’s acknowledgment of the vaccine’s potential to cause severe side effects, including blood clots and low blood platelet counts, became public knowledge during a class action lawsuit in the UK.

    Court documents revealed the company’s admission of the rare but alarming thrombosis with thrombocytopenia syndrome (TTS) associated with the vaccine.

    Despite being initially hailed as a crucial tool in the fight against the pandemic, AstraZeneca’s vaccine faced mounting scrutiny as reports of adverse reactions emerged.

    The company eventually conceded that the vaccine could, in rare instances, result in fatal outcomes.

    The World Health Organization (WHO) also recognized the vaccine’s link to thrombosis with thrombocytopenia syndrome, adding to the concerns about its safety profile.

    A report by the independent.co.uk indicates that in response to the controversy, AstraZeneca defended its vaccine’s contribution to ending the pandemic, citing estimates of millions of lives saved and billions of doses administered globally. 

    However, the decision to withdraw the vaccine underscores the seriousness of the safety concerns surrounding its use.

  • X user jabs Fidelity Bank for suing Bright Simons for asking public interest questions

    X user jabs Fidelity Bank for suing Bright Simons for asking public interest questions

    A user on the X platform, @CallmeAlfredo, has criticized Fidelity Bank for taking legal action against Vice President of IMANI Africa, Bright Simons, over inquiries into the bank’s foreign exchange transactions with the Electricity Company of Ghana (ECG).

    According to the X user, this move aims to suppress criticism and stifle public discourse on crucial matters.

    The involvement of a lawyer representing Fidelity Bank, who is also a Member of Parliament, raises concerns about ethical conflicts.

    The user emphasized that such actions undermine the principles of democracy.

    “Fidelity Bank is suing Bright Simons for asking public interest and accountability questions related to its forex dealings with ECG. Fidelity is represented in this case by a lawyer, who’s also an MP paid by taxpayers. This shouldn’t be happening in any serious democracy,” he wrote.

    Fidelity Bank has reportedly initiated legal action against Bright Simons, following his allegation that the Electricity Company of Ghana (ECG) engaged in sweetheart exchange rate deals with the bank, amounting to approximately GHC80 million.

    Executive Director for Africa Centre for Energy Policy (ACEP), Ben Boakye, disclosed this information, citing Bright Simons’ lawyers as his source.

    In a tweet, Mr. Simons confirmed the story but mentioned that he has not yet been officially served.

    He expressed his willingness to confront the bank in court and provide evidence for his claims.

    Mr. Simons emphasized that Ghanaian citizens are suffering from erratic power supply due to such financial decisions made by ECG, which he considers as “financial mismanagement.”

    “The dumsor that the people experience recurrently stems from financial mismanagement. We will probe anything that allows that to happen. Including ECG FX deals. The courts support sound public policy & public interest. For the people till we die,” he wrote.

    On March 2, 2024, Ben Boakye emphasized that ECG purchased the US dollar at GHC13.95, exceeding the prevailing market rate, resulting in over GHC80 million in losses in one month for acquiring $43 million.

    Mr. Simons contends that ECG must promptly clarify its involvement in such currency exchange transactions, as it prompts inquiries about the utility’s comprehension of the actual worth of the Ghanaian Cedi in contrast to the broader market.

    Reportedly, in October 2023, the exchange rate for commercial banks was below GHC11.5 per dollar, but ECG purportedly procured dollars at a substantially higher rate, leading to considerable exchange deficits.

  • Oppong-Nkrumah would have been my choice for running mate if I were Bawumia – Barker-Vormawor

    Oppong-Nkrumah would have been my choice for running mate if I were Bawumia – Barker-Vormawor

    Private legal practitioner and activist, Oliver Barker-Vormawor, has weighed in on the selection of a running mate for New Patriotic Party (NPP) Flagbearer Dr. Mahamudu Bawumia, offering his perspective on the matter.

    In his assessment, Barker-Vormawor suggested that if he were in Dr. Bawumia’s position, he would consider appointing the Minister of Works and Housing, Kojo Oppong Nkrumah, as his running mate for the upcoming general elections.

    He indicated a desire to steer clear of individuals who have been publicly discussed as potential candidates, prioritizing personal peace of mind in the decision-making process.

    Mr Barker-Vormawor highlighted Oppong Nkrumah’s stature in the country and political achievements as factors that make him a suitable candidate for the role.

    “If I were Bawumia, I would choose Konkrumah [Oppong Nkrumah] as my running mate. Stay as far away as possible from the other names,” he posted on his X page.

    Meanwhile, Dr. Bawumia is currently in the process of selecting his running mate to join him on the NPP ticket for the 2024 general elections.

    Speculation abounds regarding potential contenders for the role, including Minister of Energy, Matthew Opoku Prempeh; Chief of Staff, Akosua Frema Opare; and Minister of Communications, Ursula Owusu-Ekuful, among others.

    As the election draws nearer, the decision on Dr. Bawumia’s running mate remains pending.

    Read the tweet below:

  • Mahama, Bawumia and Alan have nothing to offer Ghanaians – Akpaloo

    Mahama, Bawumia and Alan have nothing to offer Ghanaians – Akpaloo

    Presidential hopeful Kofi Percival Akpaloo, representing the Liberal Party of Ghana (LPG), is urging voters to rethink their allegiance to Vice President Dr. Mahamudu Bawumia, former Minister of Trade and Industry Alan Kyerematen, and former President John Dramani Mahama ahead of the December 7, 2024, general elections.

    Mr Akpalu asserted that these three figures have fallen short of fulfilling their promises to the Ghanaian populace during their respective tenures in government. He argues that despite their prominent roles, they have not substantially improved the lives of citizens.

    In Akpalu’s view, their motivations appear more self-serving than genuinely focused on the nation’s welfare, a sentiment he finds troubling.

    He particularly scrutinizes their commitments made to the Abossey Okai Spare Parts Dealers Association, criticizing proposals such as flat rates on imports, which he believes would only exacerbate import dependency without fostering local wealth creation.

    The presidential candidate underscores the importance of bolstering domestic production, suggesting that many imported goods could be domestically manufactured, thereby invigorating the economy and generating employment opportunities for all, irrespective of ethnic backgrounds.

    Expressing disenchantment with both the National Democratic Congress (NDC) and the New Patriotic Party (NPP), Akpalu advocates for a fresh leadership paradigm for Ghana. He calls upon Ghanaians to rally behind his candidacy, confident that his leadership would usher in the transformative change the nation seeks.

  • BECE 2024: WAEC extends exam period to 6 days

    BECE 2024: WAEC extends exam period to 6 days

    Final-year Junior High School (JHS) students nationwide are set to encounter a revised Basic Education Certificate Examination (BECE) this year, following an announcement by the West African Examinations Council (WAEC) introducing three new subjects.

    The fresh subjects comprise Career Technology, Creative Art & Design, and Arabic.

    Notably, Career Technology and Creative Art & Design stem from the previous Basic Design and Technology (BDT) curriculum and are obligatory for all BECE candidates.

    Arabic, however, emerges as an elective subject exclusively for candidates enrolled in Islamic basic schools.

    In response to these curriculum updates, the 2024 BECE will extend to six days from the customary five, starting on Monday, July 8, 2024, and concluding the following Monday, July 15, 2024.

    The inclusion of these subjects reflects ongoing endeavors to enrich the educational syllabus and offer students a broader spectrum of learning avenues.

    Moreover, it underscores educational authorities’ dedication to adapting to evolving educational requisites and ensuring a comprehensive evaluation of students’ knowledge and competencies.

  • Let’s go back to ‘dumsor’, ‘dumsiesie’ is not the best – GJA President

    Let’s go back to ‘dumsor’, ‘dumsiesie’ is not the best – GJA President

    The Ghana Journalist Association (GJA) is calling for a structured load management timetable to help businesses plan effectively amid ongoing power challenges.

    GJA President, Albert Kwabena Dwumfuor, expressed preference for the term “Dumsor” over “Dumsiesie” in describing the erratic power outages, emphasizing that “Dumsor” at least came with a schedule.

    Speaking on Starr Chat with Bola Ray on Thursday, May 9, 2024, Dwumfuor highlighted the detrimental effects of power disruptions on media operations, stressing the need for consistency to fulfill their role as informers and facilitators of governance.

    “You can’t say that it is ‘dumsiesie’; what is ‘dumsiesie’? We would be better off with ‘dumsor’ than ‘dumsiesie’ because ‘dumsor’ comes with a schedule. My people from the media sector will actually appreciate it. This is affecting equipment; this is affecting transmission time. Assuming that you don’t have the capacity to purchase industrial generators, automatic switches, and all that, you’ll just be there, and you’ll go off air.

    “How do you serve the people? We serve as a bridge between the governed and the governor, and so as the bridge, we are supposed to be informing people with policies, and if we go off, break down, or if we are unable to discharge that duty, we will be doing a great disservice to this nation, and it will affect our democracy,” he said.

    He emphasized the importance of informing the public about policies and issues, which becomes challenging when power outages disrupt broadcasting schedules and transmission times.

    Despite President Akufo-Addo’s announcement of resolving the power crisis during the May Day celebration, many parts of the country continue to experience inconsistent power supply.

  • Govt paid KPMG $320K to audit shady GRA-SML deal – Report

    Govt paid KPMG $320K to audit shady GRA-SML deal – Report

    Government allocated a substantial $320,000 to consultancy giant KPMG for an investigation into alleged corrupt contracts between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML), as reported by StatsGH.

    These contracts have come under intense scrutiny for suspected opacity and potential financial misconduct.


    In a recent update on the X platform, “BREAKING Government of Ghana paid KPMG $320,000 to make a report on the corrupt contracts GRA signed with SML. Today, the Government says it cannot show the report to the tax payer under the RTI”.

    Despite the considerable investment in this inquiry, the Government has now stated its inability to make the report public under the Right to Information (RTI) Act.


    This decision has triggered widespread indignation among citizens and transparency advocates, who have long clamored for increased governmental accountability.

    Many are questioning the wisdom of allocating such a substantial sum for a report now withheld from public view.

    Critics argue that transparency and accountability are indispensable tenets of effective governance.

    They contend that withholding the report erodes public confidence in the government’s commitment to combatting corruption.


    Following a request by the Media Foundation for West Africa (MFWA) for access to the comprehensive KPMG audit report, the Presidency, in a letter dated May 7, 2024, declined the Right to Information (RTI) application.

    The decision has drawn condemnation, with Manasseh, part of the MFWA team reporting on the “SML scandal,” criticizing President Akufo-Addo’s refusal to release the complete report.


    Manasseh underscored the precedent set by President John Dramani Mahama, who, even without the Right to Information Law, released critical reports to the public.

    He questioned Akufo-Addo’s motives for withholding the KPMG report and pledged continued scrutiny of the SML scandal.


    In response to the MFWA’s request, the Presidency cited section 5 (1) (a) and (b) (i) of the RTI Act, claiming the report’s contents contain deliberative processes integral to the President’s decision-making and are therefore exempt from disclosure.

    Despite this refusal, the Presidency asserted that the report’s findings and recommendations had been disclosed in a detailed press statement.

    “Upon careful consideration and in accordance with section 5 (1) (a) and (b) (i) of the RTI Act, I regret to inform you that your request has been refused. Section 5 (1) (a) and (b) (i) states that information prepared for or submitted to the President or Vice President containing opinions, advice, deliberations, recommendations, minutes, or consultations, is exempt from disclosure and that disclosure of such information would compromise the integrity of the deliberative process by revealing the thought process, considerations, and influence on decision-making reserved for the highest offices of the land.

    “The full KPMG Audit Report comprises opinions, advice, deliberations, and recommendations that are integral to the President’s deliberative process and, therefore, qualifies as exempt information under section 5 (1) (a) and (b) (i),” the letter read in part.

  • We can’t take advice from someone who has engaged in several scandals as you – NPP to Mahama

    We can’t take advice from someone who has engaged in several scandals as you – NPP to Mahama

    A Deputy Director of Communications for the New Patriotic Party (NPP), Ernest Owusu-Bempah, has rebuked former President John Dramani Mahama’s critique of the Akufo-Addo administration’s handling of corruption issues, asserting that Mahama lacks moral authority in such matters.

    Mr Owusu-Bempah’s remarks came in response to Mahama’s characterization of him as “corrupt” and his administration as marred by numerous scandals.

    Mahama had criticized the Akufo-Addo government for the closure of Ghana’s Millennium Challenge Compact by the United States, deeming it unacceptable and pledging to enhance private sector efficiency in the electricity distribution system.

    In a post on his X platform, he said “It’s disheartening to learn that the $190 million we negotiated for private sector participation in electricity distribution under the US Millennium Compact has been lost due to Nana Addo and Bawumia’s corrupt, ‘yenkyendi’, and cronyistic governance practices. This is unacceptable, and we deserve better as a people.

    “As I gear up to assume the presidency in January 2025, thanks to your votes and endorsement in this year’s election, I want to assure you that I will work diligently to enhance private sector efficiency in the electricity distribution system, including metering, revenue management, and fault response.”

    Mr Owusu-Bempah emphasized that Mahama’s tenure was marked by a culture of corruption, citing various instances of financial impropriety and mismanagement.

    “Power doesn’t get much more entrusted than that. His regime was buffered by several corruption scandals that cost the state huge sums of money in lost revenue and, some cases embarrassed the country.

    “Mahama supervised a corrosive culture of corruption. Talk of the bus branding corruption, where investigations into the branding of 116 Metro Mass Transit Buses involving Ghc3.6million revealed that the company contracted, Smarthys, over-billed the government to the tune of Ghc1.9million.

    “The owner of the company, who later returned Ghc 1.548,608.04 to the government chest happened to be a close associate of Mahama. Again, the GYEEDA scandal which cost the state millions of cedis. There was also the SADA corruption, where over Ghc32million paid to ACICL to plant five million trees in the Savannah zone were never accounted for.”

    Below is his full statement…

    We will take morality and corruption advise from anywhere but certainly not Mahama’s brothel
    —————

    Guys, what would you say if Osama Bin Laden called someone a “terrorist”, if a prostitute called another woman a “whore”, or if North Korean’s Kim Jong Un called another leader a “dictator?” No doubt you would probable die laughing at the irony. Yet we in Ghana have tolerated a character that epitomizes irony to the extent that his utterances have now gone beyond the pale.

    It all began in late 2007 when the then NDC flagbearer, Prof John Atta-Mills asked him to be on the ticket with him for the 2008 presidential elections.

    Well, it came to pass that Mills won and that was the beginning of a different brand of political corruption spearheaded by John Mahama.

    President Mills couldn’t finish his term of office and the baton was handed over to John Mahama. When this corrupt politician took over an unplanned leadership of the country, corruption blossomed like never before.

    The long view of history will count a broader catalogue of corruption under Mahama’s presidency.

    Power doesn’t get much more entrusted than that. His regime was buffered by several corruption scandals that cost the state huge sums of money in lost revenue and, some cases embarrassed the country.

    Mahama supervised a corrosive culture of corruption. Talk of the bus branding corruption, where investigations into the branding of 116 Metro Mass Transit Buses involving Ghc3.6million revealed that the company contracted, Smarthys, over-billed the government to the tune of Ghc1.9million.

    The owner of the company, who later returned Ghc 1.548,608.04 to the government chest happened to be a close associate of Mahama.

    Again, the GYEEDA scandal which cost the state millions of cedis. There was also the SADA corruption, where over Ghc32million paid to ACICL to plant five million trees in the Savannah zone were never accounted for.

    The same SADA report found out that SADA spent Ghc 15million on guinea fowls, but could only account for a few birds.

    There was also a bribery scandal involving Mahama and a Burkinabe businessman,Djibril Kanazoe who was said to have won two major contracts worth over Ghc 100million.

    In fact, the recent court ruling where two former Mahama appointees were found guilty on 78 counts relating to causing financial loss to the state, theft, conspiracy to steal, money laundering, and contravening public procurement laws, and we’re jailed 10 and 5 years respectively speaks volume.

    And so, what exactly was Mahama up to when he talks about the fact that he will not protect Akufo-Addo’s legacy of Corruption and Misgovernance?

    I fear lots of Ghanaians still labour under the delusion that Mahama is an option, but there comes a time in a nation’s journey to prosperity when distractions must not be tolerated, when we stand up and look the devil in the eyes and say there’s no place here for you.

    Mahama can’t talk about corruption because the man himself is an embodiment of corruption.

    Ernest Kofi Owusu Bempah Bonsu
    Deputy Director of Operations, NPP

  • Breakdown of ferry leaves commuters stranded at Oti River

    Breakdown of ferry leaves commuters stranded at Oti River

    Commuters traveling across the Oti River from Dambai to the northern region are stranded on the riverbanks due to the breakdown of the sole ferry in operation.

    Passengers and drivers, interviewed by Citi News, revealed the ferry’s breakdown has severely impacted their livelihoods as much of their trade occurs on both sides of the river.

    Although the ferry resumed service Thursday morning after repairs, many are still awaiting their turn to cross, leading to frustration among the waiting crowd.

    One stranded passenger expressed disappointment, stating, “I’ve been here since yesterday morning at 9 and it’s almost 12 today, still I’ve not been able to cross. When we asked, they said the ferry is spoilt, including some generators, so we are still in a queue here. This government has disappointed us.”
    “during the previous government, we had two ferries here which were going to and fro but when this government came, we don’t see that here any more which is a challenge. All our goods are left on the farm we cannot go for them.”

  • ECG’s digitalised revenue collection system was tampered by a staff – Bawumia

    ECG’s digitalised revenue collection system was tampered by a staff – Bawumia

    Vice President and presidential candidate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has revealed that government efforts to digitize revenue collection faced obstacles from Electricity Company of Ghana (ECG) staff.

    Addressing the Annual AGM of Anti-Corruption Agencies in Africa, Dr. Bawumia disclosed that certain individuals within the IT unit of ECG intentionally implanted ransomware to disrupt the system’s functionality.

    “They just kept it at GHC450 million every month. So, I said we need to send in a team to digitalise the new collection of the Electricity Company of Ghana, so we sent in a team, and we began the process of digitalisation.

    “Can you believe that workers within the system sabotaged it? They put in ransomware into the whole system. And the system essentially collapsed. We had to send in national security to eventually find that it was some of the staff at the IT department who were culpable.”

    “And we found the computer through which the ransomware was injected in the system. It took us a while to restore the system. They asked for a ransom to actually allow for this to work. Can you imagine? That we should pay, they submitted a bill that we should pay for the system to work.

  • Using sagging electrical conductors in rainy days is dangerous – ECG cautions public

    Using sagging electrical conductors in rainy days is dangerous – ECG cautions public

    The Electricity Company of Ghana (ECG) has issued a public warning regarding the dangers posed by sagging or fallen electrical conductors during rainy weather, highlighting the potential for fatal accidents.

    In a statement released on Thursday, May 9, the power distributor emphasized the importance of avoiding contact with any sagging or fallen electrical conductors during rainy days due to the significant risk they pose.

    “ECG wishes to caution all and sundry to be extremely careful during rainy days not to go near any sagging or fallen electrical conductor since it could be fatal,” it stated.

    “Individual/localized outages and incidents of fallen or sagging conductors within customers’ vicinities should be reported to the ECG Call Centre on 0302-611611, the nearest ECG office, or reach us on our social media handles via Facebook, Twitter or Instagram for prompt intervention,” it stated.

    Additionally, the company advised the public to promptly report any incidents of individual or localized power outages, as well as instances of fallen or sagging conductors in their vicinity.

    It urged individuals to contact the ECG Call Centre on 0302-611611, visit the nearest ECG office, or reach out via social media platforms such as Facebook, Twitter, or Instagram for swift intervention.

    The emphasis on safety and the proactive approach to addressing potential hazards underscores ECG’s commitment to ensuring public welfare and minimizing risks associated with electrical infrastructure during adverse weather conditions.

  • I will ensure PDS scandal undergoes thorough investigation – Mahama

    I will ensure PDS scandal undergoes thorough investigation – Mahama


    The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to uphold transparency and accountability in governance if reelected as president.

    The former President’s assurance comes in response to reports of the closure of Ghana’s Millennium Challenge Compact by the United States, with no immediate plans for collaboration resumption stated by the Millennium Challenge Corporation (MCC).

    In March 2019, Ghana was on the verge of receiving crucial funding of around $190 million to support infrastructure investments and energy sector recovery under the MCC power compact’s second tranche.

    However, the disbursement was halted due to complications arising from the failed 20-year concession agreement involving Ghana’s Power Distribution Services (PDS).

    The agreement aimed for PDS to manage the assets and staff of the Electricity Company of Ghana (ECG).

    The suspension of fund transfer by the U.S. government was attributed to the essential role of private sector participation in the MCC’s Ghana Power Compact.

    In his response on his X platform, Mr. Mahama emphasized his commitment to enhancing private sector efficiency in the electricity distribution system, focusing on metering, revenue management, and fault response.

    He also pledged to prioritize accountability and promised a thorough investigation into the PDS scandal to hold accountable those involved.

    “My administration will prioritise accountability and ensure a thorough investigation of the PDS scandal to hold those involved accountable.”

    Checkout Mahama’s post below…

    Dear fellow Ghanaians,

    It’s disheartening to learn that the $190 million we negotiated for private sector participation in electricity distribution under the US Millennium Compact has been lost due to Nana Addo and Bawumia’s corrupt, ‘yenkyendi’, and cronyistic governance practices.

    This is unacceptable, and we deserve better as a people.

    As I gear up to assume the presidency in January 2025, thanks to your votes and endorsement in this year’s election, I want to assure you that I will work diligently to enhance private sector efficiency in the electricity distribution system, including metering, revenue management, and fault response.

    My administration will prioritise accountability and ensure a thorough investigation of the PDS scandal to hold those involved accountable.

    We can work together to build a brighter future for Ghana’s power sector that benefits citizens and businesses.

    Let’s stand together, fight against corruption and cronyism, and work towards building the Ghana we want.

  • Société Générale Group launches strategic review for Société Générale Ghana

    Société Générale Group launches strategic review for Société Générale Ghana

    Société Générale has received notification that Société Générale Group, which holds 60.22% of Société Générale Ghana, has commenced a strategic review.

    In a statement, Société Générale Ghana added, “If a concrete development were to be decided, a subsequent communication will be made at the appropriate time according to applicable legislation.”

    Société Générale Ghana PLC is a leading bank in Ghana with 42-networked branches and outlets nationwide.

    The bank offers dedicated innovative products and services to retail and corporate clients, aimed at satisfying and anticipating customers’ needs.

    Recognized for supporting individuals and businesses of various sizes and backgrounds, the bank is an innovator in the banking industry, spearheading key reforms such as Factoring, Cash Management, Foreign Exchange and Commodity Hedging, Consumer Credit Loan, and Bill Payments to meet its customers’ needs.

    For more information, visit the website www.societegenerale.com.gh, any of our branches, call our Contact Centre on 0302 214 314, or connect on Facebook at www.facebook.com/societegeneralegh or email sgghana.info@socgen.com.

    Societe Generale is a top-tier European Bank with 117,000 employees serving 25 million clients in over 60 countries worldwide. For nearly 160 years, it has supported the development of economies, providing corporate, institutional, and individual clients with value-added advisory and financial solutions.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking, and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital Bank Boursorama.
    • Global Banking and Investor Solutions, a top-tier wholesale bank offering tailored-made solutions with distinctive global leadership in Equity Derivatives, Structured Finance, and ESG.
    • International Retail, Mobility & Leasing Services, comprising well-established universal banks (in Czech Republic, Romania, and several African countries), and ALD / LeasePlan, a global player in sustainable mobility.

    Committed to building a better and sustainable future with its clients, Societe Generale aims to be a leading partner in environmental transition and sustainability.

    The Group is included in principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

  • Polytank Ghana and Société Générale join efforts to establish Plastic Recycling Plant

    Polytank Ghana and Société Générale join efforts to establish Plastic Recycling Plant

    A banking institution in Ghana Société Générale Ghana, has formally entered into an agreement with Polytank Ghana Limited to establish a plastics recycling facility in the country.

    The Managing Director of Société Générale Ghana, Hakim Ouzzani, underscored the institution’s broader role beyond conventional banking, aiming to contribute to the Sustainable Development Goals (SDGs).

    “We want our clients to know that we are here and we want to go in this direction to contribute to sustainable development. This project particularly is within at minimum four of the SDG goals, promoting responsible consumption and production practices in line with SDG 12.”

    During the official signing ceremony, Ouzzani expressed optimism about the plant’s capacity to recycle 14 thousand metric tonnes of waste, highlighting the potential environmental benefits if other organizations join similar initiatives.

    “If there were 15 to 20 companies like that doing different categories of recycling of plastic waste, I doubt there would be any more waste in Ghana.”

    Société Générale Ghana and Polytank Ghana Limited intend to collaborate closely to ensure the success and efficiency of the recycling facility, demonstrating their shared commitment to contributing to a more sustainable and fair world while thriving in business.

    CEO of Polytank Ghana Limited, Ashok Mohinoni, echoed the company’s dedication to environmental support amidst global discussions on maintaining a green planet. He expressed hope for the project to commence by September.

    “Waste is a menace that we all know about, and I am excited that we are finding a solution for it by putting up this recycling plant as we find a sustainable solution. After the signing of the agreement, it is evident that both groups remain committed to working towards achieving the Sustainable Development Goals beyond their traditional institutional roles.”

  • Get a backup system to avoid disruptions in ongoing limited voter registration – Afenyo-Markin to EC

    Get a backup system to avoid disruptions in ongoing limited voter registration – Afenyo-Markin to EC

    The Majority Leader, Alexander Afenyo-Markin, has urged the Electoral Commission (EC) to develop a backup plan to address the numerous challenges facing the ongoing limited voter registration exercise.

    The registration process has been marred by difficulties, resulting in many individuals being unable to register. Following a visit to a voter registration center, Afenyo-Markin stressed the importance of the EC having a contingency plan to ensure that every eligible voter is registered before the process concludes.

    “The Electoral Commission must improve on its system of registration. Obviously, if we are all talking about network failures, then I am not sure that they will be able to complete on schedule. The frustrations and the delays must be addressed.

    “So I am urging the Electoral Commission to ensure that they have a backup system because as it is, the frustrations are one too many. And I would encourage the Electoral Commission to live up to expectations.”

    Others, including the National Democratic Congress (NDC) running mate, Professor Jane Naana Opoku Agyemang, have suggested extending the deadline to compensate for the time lost due to technical and network issues.

    Meanwhile, President Akufo-Addo has also encouraged all eligible voters to register to strengthen Ghana’s democratic process.

  • Operations of Glovo in Ghana ends tonight

    Operations of Glovo in Ghana ends tonight

    At 10:00 pm tonight, Friday, May 10, Glovo will cease its operations in Ghana, marking a significant withdrawal from the market, as announced to stakeholders.

    The decision comes as a result of high operational costs and revenue shortfalls, prompting the company to exit the country.

    Preceding this move, Glovo had previously consolidated its branches in Osu, Spintex, and Kumasi into its administrative office in East Legon due to financial constraints.

    The once bustling East Legon office now sits empty, stripped of office equipment, furniture, and company signage.

    The impact of Glovo’s departure extends beyond logistics. Approximately 30 direct staff members, including managers and workers across various departments, will be directly affected.

    Additionally, hundreds of delivery riders, integral to Glovo’s services, will also feel the repercussions of this decision.

    However, amidst the uncertainty, there is optimism for some. Delivery riders, forewarned of Glovo’s impending shutdown, are expected to be the least affected.

    Many already work for other delivery platforms, lessening the immediate blow of Glovo’s closure.

    Some of these riders, speaking to Citi Business News, expressed a pragmatic attitude towards the company’s exit, indicating their readiness to transition to alternative platforms.

    “There are other delivery companies that we can explore now that Glovo has ceased operations so I am not so bothered,” said William Jotefe.

    “I am not so bothered. Although the only food delivery company left now is Bolt Food, I can switch to general delivery services and work for others. So I am not really bothered about the news,” Victor Asuma, another Glovo rider said.

    Despite contractual agreements, Glovo was not responsible for the motorbikes or cars used by its delivery riders.

    Despite its challenges, some Glovo staff, informed of the company’s exit plans weeks ago, commend the timely payment of their salaries, providing a sense of stability amid the upheaval.

  • Stay committed, greatness will follow your good works – Togbe Sri III to NAPO

    Stay committed, greatness will follow your good works – Togbe Sri III to NAPO


    The Awomefia of Anlo State, Togbe Sri III, offered his support to Energy Minister Dr. Matthew Opoku Prempeh, urging him to remain focused on his commendable work for the nation during a courtesy visit to his palace in Anloga on Wednesday, May 8th, 2024.

    Expressing delight at seeing the Energy Minister, whom he referred to as his son, Togbe Sri encouraged Dr. Prempeh to make regular visits to his palace and continue his diligent efforts that have defined his tenure in public office.

    “I fully support you and urge you to maintain your focus. Greater things lie ahead, so don’t let anything distract you,” the Awomefia advised Dr. Opoku Prempeh.

    “I am solidly behind you and I want you to keep being focused. What is ahead of you is greater and so do not be distracted by anything,” the Awomefia told Dr. Opoku Prempeh.

    Dr. Prempeh, in turn, acknowledged the longstanding relationship between himself and Togbe Sri, which motivated his visit. He also reminisced about the strong bond between his grandfather, the Asantehene, and Togbe Sri, which prompted a previous visit by the Asantehene to the Awomefia.

    The discussions further revolved around the enduring collaboration between the government and traditional leadership in Ghana, emphasizing a mutual commitment to inclusivity, dialogue, and development.

    “I have enormous confidence in Ghana’s future, where the political class and traditional authorities work together harmoniously for the advancement of the growth and prosperity of the people,” Dr. Prempeh said.

  • ECG has witnessed sharp rise in revenue due to digitalisation – Bawumia

    ECG has witnessed sharp rise in revenue due to digitalisation – Bawumia

    Vice President Dr. Mahamudu Bawumia has revealed a significant increase in revenue collection at the Electricity Company of Ghana (ECG) following the government’s digitalization initiatives.

    Dr. Bawumia credited the surge in ECG’s revenue collection to the digitalization of its operations, noting that monthly collections rose from GHC450 million to over a billion.

    Addressing the 14th Commonwealth Regional Conference for Heads of Anti-Corruption Agencies in Africa, Dr. Bawumia urged other member states to adopt Ghana’s approach of utilizing digital tools to combat corruption.

    He expressed dismay over the introduction of malware into the system during its initial stages by ECG staff in the IT department.

    Dr. Bawumia highlighted this transformation as a testament to the efficacy of digitalization in enhancing efficiency and curbing corruption.

    “Can you believe that workers within the system sabotaged it, they put ransomware into the whole system. And the system essentially collapsed. We had to send in national security to eventually find that it was some of the staff at the IT department who were culpable.

    He stressed, “We found the computer in which the ransomware was injected into the system. It took us a while to restore the system. They asked for a ransom actually for this to work. Can you imagine? That we should pay, they submitted a bill that we should pay for the system to work. Anyway, they were arrested.

    “And we restored the system, and we digitized the system, and we said that no more cash payments for electricity in Ghana. You only pay with your mobile money or electronic bank transfers. So that is now the case. Can you believe that from GHC450 million a month, the collection has now gone to over a billion cedis a month?” he asked.

  • PDS scandal: Akufo-Addo should be blamed for $190m compact loss – Mahama

    PDS scandal: Akufo-Addo should be blamed for $190m compact loss – Mahama

    Former President, John Dramani Mahama, has expressed his dismay at the squandering of $190 million designated for private sector involvement in electricity distribution under the US Millennium Compact.

    Taking to Facebook, the National Democratic Congress (NDC) flagbearer criticized the “corrupt, ‘yenkyendi’, and cronyistic governance practices” he attributed to President Akufo-Addo and Vice President Dr. Mahamudu Bawumia for the loss of the $190 million US Millennium Compact.

    The former president pledged that he “will work diligently to enhance private sector efficiency in the electricity distribution system, including metering, revenue management, and fault response,” when he is reelected as president in the upcoming December 7 general elections.

    Mahama vowed to prioritize enhancing private sector efficiency in electricity distribution, focusing on metering, revenue management, and fault response, should he regain the presidency in the upcoming December 7 general elections. He also pledged a thorough investigation into the PDS scandal to ensure accountability.

    The Power Distribution Services (PDS) Ghana Limited takeover, a contentious deal where the Ghanaian government awarded a 25-year concession to manage the Electricity Company of Ghana (ECG), was suspended in July 2019 amidst fraud allegations.

    In March 2019, Ghana was poised to receive crucial funding of $190 million for long-term infrastructure sustainability and financial recovery in the energy sector as part of the second tranche of the MCC power compact.

    However, due to the terminated concession agreement with PDS, the US government halted the fund transfer, emphasizing the importance of private sector involvement under MCC’s Ghana Power Compact.

    Below is the full statement.

    Dear fellow Ghanaians,

    It’s disheartening to learn that the $190 million we negotiated for private sector participation in electricity distribution under the US Millennium Compact has been lost due to Nana Addo and Bawumia’s corrupt, ‘yenkyendi’, and cronyistic governance practices.

    This is unacceptable, and we deserve better as a people.

    As I gear up to assume the presidency in January 2025, thanks to your votes and endorsement in this year’s election, I want to assure you that I will work diligently to enhance private sector efficiency in the electricity distribution system, including metering, revenue management, and fault response.

    My administration will prioritise accountability and ensure a thorough investigation of the PDS scandal to hold those involved accountable.

    We can work together to build a brighter future for Ghana’s power sector that benefits citizens and businesses.

    Let’s stand together, fight against corruption and cronyism, and work towards building the Ghana we want.

    #LetsBuildGhanaTogether
    #Mahama4Change2024