Author: TNRgh

By Leo Nelson Accra is preparing to request a Policy Coordination Instrument (PCI) from the IMF once its current Extended Credit Facility (ECF) expires in August 2026. Officials present the move not as a sign of lingering weakness but as a strategic tool to lock in fiscal discipline and reassure skittish investors. Unlike the ECF, the PCI provides no financing. Instead, it offers a technical policy framework with regular IMF assessments. For President John Mahama’s administration, that signal matters more than cash. After one of Ghana’s deepest economic crises in recent history debt restructuring, currency collapse, and inflation spikes the…

One in ten paediatric pneumonia cases at KATH prove fatal as immunisation coverage stagnates at 56%By Leo NelsonGhana’s childhood pneumonia fight is faltering. Despite free vaccines and global progress, preventable deaths persist and vaccine hesitancy is largely to blame.Dr Sandra Kwarteng Owusu, paediatric pulmonologist at Komfo Anokye Teaching Hospital (KATH), paints a sobering picture from the country’s second-largest referral centre. Over the past five years, one in every ten children admitted with pneumonia has died.”That is worrying,” she told The New Republic ahead of World Immunization Week. “We want to reduce it to less than that.”Globally, the tide has turned.…

Insiders reveal process began in 2024By Leo Nelson Prophet Emmanuel Badu Kobi is selling his Tema Glorious Wave Church International. That much is now established. Why he is selling and whether the Mahama administration has anything to do with it has become a battlefield of competing narratives.Last week, a man claiming to be a junior pastor of 23 years went viral on TikTok. His message was devastating: Badu Kobi’s association with the National Democratic Congress (NDC) had destroyed his ministry. “When you follow politicians, you end up selling your church,” he declared. The asking price, he alleged: $1.5 million.The implication…

Mahama administration pivots from Eurobonds to bullion By Leo NelsonGhana is betting big on its own gold. The question is whether the state can execute without repeating the sector’s long history of leakages, smuggling and inefficiency.Sammy Gyamfi, Chief Executive of the Ghana Gold Board (GoldBod), has unveiled the Ghana Accelerated National Reserve Accumulation Programme (GANRAP) as the centrepiece of a strategic pivot. The goal: use domestic bullion to insulate the economy from external shocks COVID, the Russia-Ukraine war, or whatever comes next.”We want to accumulate about 15 months of import cover,” Gyamfi said. “So that when there is any external…

Chronic diseases kill 43% of Ghanaians as new fund confronts severe infrastructure gaps and GH¢4.8m pilot By Philip AntohGhana’s much-touted MahamaCares Initiative officially the Ghana Medical Trust Fund (GMTF) will begin nationwide patient support in June 2026. The announcement came at Monday’s Government Accountability Series at the Presidency, delivered by Fund Administrator Adjoa Obuobia Opoku–Darko.The ambition is unarguable: ensure no Ghanaian is denied life-saving specialised healthcare due to cost. The reality is starker.Chronic non-communicable diseases (NCDs) account for 43% of all deaths in the country. Cancer, kidney disease, cardiovascular illnesses, stroke and diabetes are bleeding families dry. The Fund, established…

Oversubscription of 80% masks underlying fragility as government locks in short-term fundingBy Leo NelsonGhana’s Treasury bill auction has delivered a spectacular GH¢6.08 billion windfall the first major oversubscription in two months. But beneath the euphoria lie familiar questions about debt sustainability and the cost of short-termism.Investors submitted bids totalling GH¢7.82 billion against a target of GH¢4.34 billion an 80 percent oversubscription. The trigger is no secret: Fitch Ratings’ recent upgrade of Ghana’s credit rating to ‘B’ with a stable outlook.The 91-day bill soaked up 73 percent of total bids GH¢5.71 billion tendered, GH¢4.37 billion accepted. The 364-day instrument attracted GH¢1.46…

 -Mediation Meeting Turns Nightmare By Philip Antoh It was supposed to be a peace meeting. It ended with blood on the pavement.The opposition New Patriotic Party’s internal crisis took a terrifying turn on Sunday, May 10, 2026, when masked thugs invaded the residence of Okaikwei Central MP, Patrick Boamah, and brutalised the party’s First Vice Chairman, Alhaji Harruna Rafik.The attack happened just minutes after Rafik left a mediation meeting at the MP’s home. The topic? A petition challenging alleged irregularities in the constituency’s polling station elections.Now Rafik is fighting for recovery at La Paz Community Hospital and demanding answers.Speaking from…

By Lawrence Odoom Vice President Professor Naana Jane Opoku-Agyemang has announced Ghana’s plan to join forces with Rwanda, Zambia, and other African partners in rolling out a pioneering digital trade corridor, marking a decisive step toward a more integrated and seamless African economy. Speaking at the 3i Africa Summit 2026 in Accra on Wednesday, under the theme : “Innovation, Investment and Impact in Africa’s Fintech Ecosystem,” she highlighted that Africa’s dynamic youth and expanding digital landscape place the continent at the forefront of the next wave of global technological progress. Opoku-Agyemang noted that emerging economies are set to be at…

By Leo Nelson Africa has no shortage of ideas, talent or opportunity, but must build stronger systems to convert innovation into scalable financial solutions that deliver real economic impact, Ghana’s central bank said on Tuesday. Bank of Ghana Governor Johnson Pandit Asiama said the continent’s challenge is no longer innovation itself, but the ability to translate it into structured financial systems that can operate across markets and expand access. “Africa is not short of ideas, Africa is not short of talent, and Africa is not short of opportunity,” he said. He said financial services across the continent are already being…

By Leo NelsonBank of Ghana Governor Johnson Asiama has told Accra’s 3i Africa Summit that the continent’s digital finance agenda must move decisively beyond basic payments. In a blunt assessment on 6 May, he argued that while payment infrastructure is now ‘increasingly in place’, the real challenge lies in building more sophisticated financial products and, crucially, connecting fragmented systems.Asiama’s intervention signals a shift at the central bank. Having spent years championing mobile money and agent banking, the BoG now wants to drive digital credit, embedded finance, supply chain finance and cross-border services. ‘The next phase of digital finance will not…