Felix Kwakye Ofosu, a government spokesperson, has turned down calls for the government to pressure the courts to speed up prosecutions under the Operation Recover All Loot (ORAL) initiative. He said that the government will not interfere with the courts. Kwakye Ofosu said on PM Express on Joy News that the government’s job is only…
The war between the US, Israel, and Iran has been going on for eleven days and has killed more than 1,700 people and caused a lot of damage to people and the economy. President Donald Trump says that “major strides” have been made and that the mission is partially successful. However, Iran has ruled out…
Oil marketing companies (OMCs) in Ghana are worried that bulk fuel distributors (BDCs) are raising prices too soon. They point out that the petroleum products that are currently on the market were brought in before the Middle East conflict and should not yet reflect the costs of war. Dr. Riverson Oppong, the CEO of the…
The National Labour Commission (NLC) has told the Civil and Local Government Staff Association, Ghana (CLOGSAG), to call off its planned nationwide strike on March 9, 2026. The NLC says this is because CLOGSAG did not follow the Labour Act 2003 (Act 651). The Commission said that CLOGSAG didn’t give the other party or the…
Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana, said that the Domestic Debt Exchange Programme (DDEP) initially put a strain on banks’ balance sheets, lowering their capital buffers and limiting their ability to lend. However, ongoing recapitalization and regulatory oversight have made the sector stronger. Capital adequacy has gone up to 17.5%,…
To make border controls stricter, stop the flow of money, and protect government revenue, the Ghanaian government has banned the land transit of nine goods: cooking oil, rice, sugar, frozen goods, textiles, flour, canned tomatoes, pasta/spaghetti, and pharmaceuticals. Dr. Cassiel Ato Forson, the Minister of Finance, announced the directive during a meeting with Aaron Akanor,…
The Government of Ghana has told the boards of state-owned businesses and public institutions to stop all international travel paid for by public funds right away. This is to improve fiscal discipline and keep costs down. The order came from Jubilee House under President John Dramani Mahama and was sent out by Dr. Callistus Mahama,…
As part of a compliance review under the Kimberley Process Certification Scheme, Ghana has made its diamond export system stronger to make sure that conflict diamonds don’t get into the global market. Sammy Gyamfi, the Chief Executive Officer of the Ghana Gold Board, spoke at the start of the review mission in Accra. He said…
The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticised the government’s handling of cocoa sector reforms, arguing that a structured reform programme had already been agreed with the International Monetary Fund before the previous administration left office. Speaking on TV3’s Hot Issues on February 22, he said the current government…
The Ghana Gold Board has signed a historic deal with Gold Coast Refinery to process one metric tonne of gold every week. The refinery will turn doré into 99.5% pure bullion before sending it out of the country. This is expected to increase the value of gold in Ghana and make the country less vulnerable…
