Just days after his attorneys were successful in lowering his bail from GH¢60 million to GH¢30 million with two sureties, the Economic and Organised Crime Office (EOCO) has returned to the High Court with a new application seeking stricter bail conditions for former BOST Managing Director Edwin Provencal.Provencal is being investigated for allegedly causing financial…
Isaac Boamah-Nyarko, the Member of Parliament for Effia, has demanded that the Office of the Special Prosecutor (OSP) be immediately reevaluated, claiming that the organization has not shown its worth since it was founded.Speaking on Wednesday, November 19, on Channel One TV’s Breakfast Daily, the Effia MP expressed doubts about the efficacy of the OSP…
Following the Office of the Special Prosecutor’s (OSP) decision to charge former Finance Minister Ken Ofori-Atta and other individuals over the contentious revenue assurance contracts between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Limited (SML), private attorney Martin Kpebu has demanded the dismissal of Kissi Agyebeng, the Special Prosecutor, as well as two…
Ghana’s Producer Price Inflation (PPI) dropped sharply to 1.4% in October 2025, down from 3.2% in September.This marks a 1.8 percentage point decline.Fresh data from the Ghana Statistical Service (GSS) show that the fall was largely driven by a significant slowdown in the Mining and Quarrying sector, the heaviest component of the index with a…
The Public Tribunals Bill, which aims to expedite prosecutions for unlawful mining (galamsey) throughout the country, has been approved by the Cabinet, according to President John Mahama.According to the president, the bill’s adoption is poised to enhance measures against galamsey, highlighting the government’s devotion to environmental preservation and its desire to restrict illicit mining operations.The…
Former Chief Justice Gertrude Torkonoo’s request for interim restriction orders to stop the work of the committee that looked into her dismissal from office was denied by the ECOWAS Court of Justice. A preliminary objection by the Ghanaian government, claiming that the regional court lacked authority to hear the case, was also dismissed by the…
Former Finance Minister Ken Ofori-Atta, Strategic Mobilization Limited (SML), and six other individuals have been formally charged by the Office of the Special Prosecutor with corruption and offenses linked to corruption. There are 78 charges of corruption and offenses linked to corruption. The other defendants are former Ghana Revenue Authority (GRA) Commissioner-General Ammishaddai Owusu-Amoah (64),…
Tano North MP Gideon Boako has criticized the government’s performance in the fiscal year 2025, claiming that at least half of the budget’s goals were not met. He said that the Finance Minister has to be held accountable for the large discrepancies between forecasts and results during the parliamentary discussion of the 2026 budget. According…
Ing. Dr. Ken Ashigbey, the CEO of the Ghana Chamber of Mines, has urged the quick confirmation of Atlantic Lithium’s mining lease, warning that protracted delays are costing Ghana its competitive advantage in the subregion as well as economic prospects. In an interview with Joy News after fresh talks on the project, Dr. Ashigbey emphasized…
As the government struggles with low bid volumes and high rollover commitments, Databank Research is cautioning that the treasury bill market will continue to be severely strained in the next weeks. In the short term, this is anticipated to maintain high yields. According to the business, the 2026 Budget indicates an even greater dependence on…
