Author: TNRgh

…as Government Pays $300 Million to Eurobond Holders In a bold move to restore investor confidence and attract  more foreign direct investment, the Government of Ghana has successfully released US$300 million to service debt owed to Eurobond holders, a move analysts say is critical in restoring investor confidence in the country’s creditworthiness. The payment, effected on July 3, 2025, covers coupon payments due to holders who agreed to participate in Ghana’s ambitious Eurobond Debt Exchange Programme concluded last year. According to official sources, the Ghana cedi component of the payment had already been transferred to the Bank of Ghana, which…

Inflated Contract and Bypassed Rules A multimillion-cedi procurement deal by the Ghana Meteorological Agency (GMet) is facing scrutiny amid allegations of irregularities, inflated pricing, and a potential conflict of interest. The contract, worth USD 878,641, was awarded for the installation of an Automatic Weather Observation System (AWOS) at Kotoka International Airport, but experts and insiders say the process bypassed best practices and raises troubling questions about accountability. At the centre of the deal is PM Consult Limited, a company previously linked to weather-related procurements, though without any confirmed experience in system installation or technical delivery. The firm was awarded the…

… seeks court bailout as defeat looms The political temperature in Ghana’s Ablekuma North constituency has hit boiling point, with the ruling New Patriotic Party (NPP) visibly rattled and desperately seeking judicial intervention to halt a crucial parliamentary rerun. Insiders suggest the party, sensing an imminent defeat, has thrown a legal Hail Mary, filing an interlocutory injunction to block the Electoral Commission (EC) from proceeding with an exercise that could dramatically shift the balance of power. The NPP’s National Youth Organiser, Salam Mustapha, has emerged as the party’s chief mouthpiece in this high-stakes drama, launching a blistering attack on the…

…Desperate Students Beg Mahama for Intervention The government of the Republic of Ghana is owing some scholarship students abroad stipends in arrears ranging from 8 to 36 months as some students have called on President John Dramani Mahama to come to their aid. The President of the Ghana PhD Cohort, Prince Bansah, has boldly spoken out on the escalating crisis confronting Ghanaian government-sponsored students in the United Kingdom, describing the situation as deeply distressing, worsening daily, and now jeopardising Ghana’s diplomatic standing. Speaking on Joy FM’s Super Morning Show, Mr. Bansah emphasised, “The reality on the ground is far more…

Ghana’s ambitious Volta Economic Corridor project is set to receive significant backing following the signing of a Letter of Intent (LOI) between the Ghana Infrastructure Investment Fund (GIIF), the 24-Hour Economy and Accelerated Export Development Secretariat, and the African Development Bank Group (AfDB). The agreement, signed on Monday, July 7, 2025, aims to transform Lake Volta into a multimodal transport hub, unlocking agricultural, industrial, and export opportunities for the West African nation. The initiative falls under Ghana’s newly launched 24-Hour Economy and Accelerated Export Development Programme (24H+), officially inaugurated by President John Dramani Mahama on July 2, 2025. The Volta…

…Minister Warns Encroachers to Halt Developmental Activities on Sports Complex Land The Minister for Sports, Kofi Adams, has issued a stern warning to private developers encroaching on the Borteyman Sports Complex land, urging them to immediately cease all construction and developmental activities. He cautioned that any investment made on the encroached land will eventually be lost. The Minister made these remarks during a press briefing when he paid a working visit to the Borteyman Sports Complex, a facility that hosted the 2023 All-African Games. He emphasized that the Government of Ghana, in a formal agreement with the University of Ghana,…

Series 3: Builders of the Blockchain Nation In Series 2, we met the coin of the future—the e-Cedi.
A sovereign, digital, inclusive currency designed not for the rich, but for the real.
Not for tomorrow, but for now. But every currency—no matter how visionary—needs a system behind it.
It needs rails, wallets, rules, and reach.
It needs architects, engineers, hustlers, and hackers.
It needs builders. Welcome to Series 3, where we journey into the buzzing co-working spaces, the backroads of cocoa country, and the blockchain labs of Africa to meet the people building the systems that will carry the e-Cedi—and Ghana—into the future.  Africa…

A former United States New Patriotic Party (NPP) Public Relations Officer, who also doubles as a Ghanaian freelance journalist based in the US, Prince Osei Bonsu, has forecasted a crushing defeat for the New Patriotic Party in the upcoming Ablekuma North parliamentary rerun elections. The rerun elections, which are scheduled for Friday, July 11, 2025, have sparked various commentaries, with Prince Osei urging the leadership of the New Patriotic Party to accept the inevitable and concede defeat ahead of time. According to him, the National Democratic Congress (NDC) will not stand idly by and allow the NPP to reclaim the…

President John Dramani Mahama has warmly welcomed a high-powered delegation from the World Chinese Business Advancement Association (WCBAA), led by its Chairman, Li Nonghe, during a high-profile diplomatic and economic engagement in Accra. The visit, rich in cultural symbolism and economic potential, underscored the deepening friendship between Ghana and China’s business elite. The WCBAA delegation featured a notable roster of Chinese entrepreneurs and institutional leaders, including Fan Yurong, Chairman of the Beijing Jiangsu Chamber of Commerce; Lin Duansheng, Chairman of the Oriental Grandeur Group; Chen Zhixiang, President of the Asia Unification Promotion Association; and Lin Ruibin, the WCBAA Overseas Secretary-General…

The Ghana Police Service, through an intelligence-led operation, have foiled a planned robbery and arrested three suspects who had planned to rob a gold consignment valued at over One Million, Three Hundred Thousand Ghana Cedis (GHC 1.3 million). The suspects, identified as Adams Zibo, Massawud Yussif and Kenneth Khartey, were arrested on Thursday, 26th June 2025,  along the Accra–Akuapem–Mamfe road. The Special Support Unit (SSU) of the Ghana Police Service at the National Headquarters commenced the operation on Wednesday, 25th June 2025, following indications that a gold dealer’s driver and a man posing as his bodyguard had conspired to rob…