Mustapha Abdul-Hamid in Hot Seat: GH¢291m Extortion Case Unfolds — Millions Recovered

With strong evidence connecting them to criminal activity, the Office of the Special Prosecutor (OSP) has made significant progress in its investigation of alleged financial crimes at the National Petroleum Authority (NPA), seizing assets worth over GH¢100 million and US$100,000, with more under tracing. Former NPA Chief Executive Dr. Mustapha Abdul-Hamid is the subject of…

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ECOWAS Sounds Global Alarm! Calls on UN to Join Fight Against Rising Terror in West Africa

To help West African nations combat the growing wave of terrorist attacks in the area, ECOWAS has urged the UN and its international partners to work together more closely and provide more assistance. The petition follows calls for increased security measures after previous attacks on Nigerian churches that resulted in many fatalities. ECOWAS called on…

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Mahama Drops Audit Bomb: Contractors, Procurement, Spending — Nothing Off the Table

In response to a National Intelligence Bureau (NIB) report, President John Mahama has instructed the Auditor-General to conduct a thorough forensic examination of the planning and administration of the 13th All-Africa Games. The goal of the directive is to encourage value for money, accountability, and openness in the event’s use of public resources. All operational…

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Kumasi Tech Institute Gets Major Upgrade — €5.6m Green Technology Hub Unveiled

The opening of a €5.6 million Center of Excellence for Green Technologies at the Kumasi Technical Institute (KTI) has enhanced Germany and Ghana’s cooperation in sustainable energy and education. In Ghana’s quest for a sustainable, skills-driven economy, the event, which is co-led by German President Frank-Walter Steinmeier and Ghana’s Minister of Education, Hon. Haruna Iddrisu,…

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Diversify or Die: Economist Pushes Gov’t to Move Beyond Raw Commodities

In order to maintain the Cedi’s success, Ghana must include the informal sector into its development strategy and provide it with infrastructure-driven initiatives, according to Ebenezer Amankwah-Minkah, Executive Director of the Center for Economic Research and Policy Analysis (CERPA). Speaking at the 14th Ghana Economic Forum in Accra, he pointed out that while Ghana’s macroeconomic…

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Ghana’s Economic Turnaround Stuns IMF — Inflation Down, Reserves Up, Confidence Rising

Ghana’s extraordinary economic recovery has been praised by the International Monetary Fund (IMF), which also noted notable improvements in external balances, debt levels, and inflation during the current program. In addition to praising the accomplishment of single-digit inflation in September, which dropped from 54% to 9.4%, Dr. Adrian Alter, the IMF Resident Representative to Ghana…

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Courier Industry Breathes! Gov’t Reduces Fees, Halts Enforcement Till Year-End

In an effort to ease financial hardship and promote adherence to industry standards, the government has announced intentions to cut the GH¢1,070 registration cost for courier firms. The Public Accounts Committee was notified by Hon. Sam George, Minister of Communication, Digital Technology, and Innovation, that a new fees bill would be introduced to Parliament that…

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Payment Without Evidence? Minister Pushes Issue Back to Audit Service & Courts

Nartey, Samuel, payment of GHS6.7 million to Smart Infraco Limited in December 2023 was made under his predecessor, not under his government, according to George, Minister of Communication, Digital Technology, and Innovations. Due to the absence of supporting documentation, proof of services delivered, or an explanation for the spending, the payment—which was meant for a…

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