Author: THE NEW REPUBLIC

By Leo Nelson The Ghana Publishing Company Limited has recorded a significant financial turnaround, posting a profit after tax of GHS16.959 million in 2025 compared to GHS2.227 million in 2024. The development was confirmed by Hon. Felix Kwakye Ofosu after reviewing the company’s audited financial statements. “I just finished reviewing the audited Financial Statements of the Ghana Publishing Company Limited,” he stated. “Among other impressive numbers, the company’s profit after tax jumped from GHS2.227 million in 2024 to GHS16.959 million in 2025.” The latest figures represent one of the strongest financial recoveries recorded by a state-owned enterprise in recent years…

By Leo Nelson The Ghana Stock Exchange (GSE) continued its painful slide as bears tightened their grip on the market. On the penultimate trading day of the week, investors watched in disbelief as a staggering GHS 5.3 billion vanished into thin air, pushing the total weekly loss perilously close to a jaw dropping 10 billion cedis. This is not just a dip. This is a full blown financial drama unfolding in real time. The numbers paint a grim yet gripping picture. The market capitalization of the Ghana Stock Exchange plummeted from GHS 281.2 billion to GHS 275.9 billion, equivalent to…

By Lawrence Odoom The Ghana Police Service has apprehended a suspect accused of issuing death threats against security personnel and inciting violence in a widely circulated video on social media. The suspect, identified as Opoku Emmanuel, was taken into custody on Thursday, May 7, 2026, at Jacobu in the Amansie Central District of the Ashanti Region. The arrest was executed through a coordinated operation by the Inspector-General of Police’s Cyber Vetting and Enforcement Team (CVET) in collaboration with officers from the Jacobu Police Command. According to the Police, the suspect appeared in a masked video in which he allegedly threatened…

By Lawrence Odoom Chief of Staff to President John Dramani Mahama, Hon. Julius Debrah, has reiterated the government’s resolve to empower women-led enterprises and advance inclusive economic growth, following his address at the opening ceremony of the 11th Ghana Female CEO Summit in Accra. In a statement issued after the event, Hon. Debrah described the Summit as a vital platform that continues to illuminate the indispensable role women play in strengthening institutions, stabilizing communities, and fortifying the nation’s economic resilience. Addressing a distinguished assembly of women leaders, entrepreneurs, and industry stakeholders, he emphasized that Ghanaian women are no longer merely…

By Lawrence Odoom From humble beginnings to a solemn call to serve, Hon. John Desmond Sowah Nai, Municipal Chief Executive of the Ga West Municipal Assembly, today commemorates one year of distinguished stewardship marked by resolute action, civic renewal, and an unwavering dedication to the people of Amasaman. In a reflective address, the MCE characterized his tenure as “a journey of service, sacrifice, and shared responsibility,” underscoring the profound grace and guidance that have underpinned his administration. “I am deeply grateful to God Almighty for His grace, strength, and guidance throughout this journey of service,” he affirmed. Expressing profound gratitude…

By Leo Nelson The Ministry of Tourism, Culture and Creative Arts has clarified that it did not approve or authorise the recently held Karnival Kingdom Festival in Accra. In a statement issued on May 7 and signed by the sector Minister, Abla Dzifa Gomashie, the Ministry stated that organisers of the event neither contacted the Ministry officially nor sought permission before staging the programme. According to the statement, the Ministry received no formal proposal, request or communication relating to the festival and therefore played no role in endorsing or facilitating the event. The Ministry explained that the clarification became necessary…

By Lawrence Odoom Vice President Prof. Naana Jane Opoku-Agyemang has reaffirmed the government’s commitment to building an inclusive and resilient health system, following a high-level working visit to the Ghana Medical Trust Fund, widely known as MahamaCares. The Fund was conceived to close a critical gap identified during the government’s manifesto development: the overwhelming financial strain imposed by non-communicable diseases (NCDs) conditions that remain largely outside the coverage of the National Health Insurance Scheme (NHIS). Prof. Opoku-Agyemang was received by the Minister for Health, Hon. Kwabena Mintah Akandoh, and the Administrator of the Fund, Ms. Obuobia Darko-Opoku, who presented a…

By Leo Nelson The governing National Democratic Congress has defended its performance after 17-months in office, insisting that the administration of President John Dramani Mahama has delivered steady economic and social progress while accusing the opposition New Patriotic Party of spreading misinformation and propaganda. Speaking during the party’s “Setting the Record Straight” engagement, Deputy Communications Officer Godwin Ako Gunn, stated that the Mahama administration has taken decisive steps to stabilize the economy, restore investor confidence, and implement policies focused on improving the welfare of Ghanaians. According to him, governance must go beyond policy implementation and include strong communication aimed at…

By Lawrence Odoom The Youth Organizer for the Dormaa Central Constituency of the National Democratic Congress (NDC), Mr. Kumi Asare, has called on Ghanaians to exercise restraint as the government intensifies efforts to resolve the nation’s persistent electricity challenges. Speaking on the GIFTS FM morning show with Kwaku Mensah Abrampa, Mr. Asare reframed the current power fluctuations as “Dum Siesie” rather than “Dumsor,” underscoring what he described as the administration’s proactive interventions to stabilize the energy sector. He asserted that the NDC remains the only political party equipped to address Ghana’s electricity deficit, pointing to its track record in expanding…

By Lawrence Odoom The Medical Laboratory Professional Workers’ Union (MELPWU) has called off its industrial action and directed members to resume duties at the Central Laboratory of the Korle Bu Teaching Hospital, following the appointment of an acting head. The union’s decision comes after the hospital named its Director of Pharmacy, Dr. Charles Ofei-Palm, as acting head of the laboratory ahead of a pivotal meeting scheduled for Tuesday, May 12. Speaking to Citi News in Accra on Thursday, May 7, the Chairman of the MELPWU Korle Bu chapter, John Kofi Nakoja, said the union is optimistic about achieving a definitive…