Author: TNRgh
In a carefully choreographed charm offensive, Ghanaian real estate heavyweight Devtraco Group rolled out the red carpet for the media and key stakeholders at its inaugural Press Soirée, using the occasion to unveil its latest trophy asset: The Pelican Hotel. The event, held under the banner “Introducing The Pelican Hotel,” was more than a corporate mixer it was a strategic signal. After three decades of shaping skylines and suburban enclaves, Devtraco is now pivoting into premium hospitality, betting that Ghana’s urban leisure and investment appetite is ripe for disruption. Sidney Quaye, the Group’s Director of Development, set the tone with…
GH₵74M-2022, GH₵2.15 Billion- 2023, GH₵4.84 Billion-2024 By Prince AhenkorahThe numbers are in, and they’re damning. The much-hyped Gold-for-Oil (G4O) and Gold-for-Refinery (G4R) schemes once paraded as silver bullets for forex woes have hemorrhaged over GH₵7 billion in just three years. Interestingly, the very architects of this fiscal sinkhole have rebranded themselves as economic prophets, now leading the charge against the very mess they engineered. According to Bank of Ghana data released in response to a Right to Information request, the G4O/G4R programmes recorded losses of GH₵74 million in 2022, GH₵2.15 billion in 2023, and a staggering GH₵4.84 billion in 2024.…
The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has commended Sentuo Oil Refinery for its contributions to the country’s downstream petroleum sector. He made the remarks when he led a team from the NPA to pay a working visit to the refinery on Monday, January 5, 2026. The visit forms part of a familiarization tour to petroleum installations across the country, aimed at strengthening regulatory engagement and supporting sector growth. At a meeting with Group Chairman of Sentuo Oil Refinery, Ninqguan Xu and his team, Mr. Tameklo urged the management of Sentuo to keep…
By Nelson Ayivor The Government of Ghana has strongly condemned what it described as the unilateral and unauthorized invasion of Venezuela by the United States, following the capture and transfer of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, into US custody. In a press release issued by the Ministry of Foreign Affairs on January 4, 2026, Ghana expressed alarm at the military operation and warned that the action poses serious risks to international law, global stability, and the post-war international order. According to the statement, Ghana holds firm reservations against the unilateral use of force and strongly deplores…
The Speaker of Parliament Rt. Hon. Alban Sumana Kingsford Bagbin, has assured the media fraternity that no law would be passed to stifle the work of journalists while he remain in charge of the affairs of the legislature. In a speech read on his behalf by the Member of Parliament for La Dade-Kotopon and Deputy Minister for Local Government, Chieftaincy and Religious Affairs Rita Naa Odoley Sowah at the 3rd Annual Dinner Night of the Ghana Journalists Association (GJA) in Accra on Monday, the Speaker acknowledged fears within the media landscape that laws intended to regulate digital communications were increasingly…
Central Region_23rd December 2025– Vivo Energy Ghana, the exclusive distributor and marketer of Shell-branded fuels and lubricants, has donated a set of newly crafted classroom desks made from recycled plastic wastes to pupils of the Breman Fosuansa D/A Basic School in the Central Region, following a report by Starr FM revealing that children were using concrete blocks as seats in their classrooms. The report shed light on a long-standing challenge in the rural community of Breman Fosuansa, where limited educational resources have forced pupils to learn under difficult and uncomfortable conditions. In some classrooms, children were captured bending over concrete…
Shutting Down Scrutiny on Tax Dodges and GOIL Ties…as anti-corruption fight faces Judge’s Garvel By Gifty Boateng In a fresh bid to muzzle a probing pen, Cynthia Adjei, CEO of the sprawling Lysaro Group and wife of ex-GOIL acting MD Jacob Kwabena Adjei, has dragged investigative journalist Innocent Samuel Appiah back to the High Court’s Human Rights Division demanding a slew of injunctions to block any whiff of publication on her firm’s alleged tax lapses, dodgy land grabs, and procurement coziness with state outfits. This escalation, filed months after a controversial June 2025 ruling that slapped Appiah with a GH¢10,000…
By Nelson Ayivor Ride-hailing drivers across Ghana, including those operating Uber, Yango, Bolt are increasingly frustrated by passengers who cancel rides at the last minute. Drivers say these cancellations often occur after they have already started moving toward the pick-up location, leaving them to cover fuel, vehicle wear, and lost time without any compensation. “Sometimes I’ve already driven several kilometers to pick up a passenger, and they cancel at the last minute,” said Nathan an Uber driver in Accra. “I pay for the fuel and lose my time, and no one compensates me.” The problem is particularly severe during peak…
By Nelson Ayivor Ghana’s festive season is shaping up to be unusually buoyant as traditional social travel converges with signs of easing price pressures, pointing to stronger consumer activity and broader economic momentum during this Christmas and the New year [2026]. Consumer inflation in Ghana slowed for the 11th straight month in November, with headline prices rising 6.3 percent year‑on‑year, the lowest rate since the Ghana Statistical Service rebased its index in 2021. The figure marked a decline from 8.0 percent in October, reflecting cooling food and non‑food inflation that has given households greater purchasing flexibility going into the year‑end holidays. Domestic tourism data…
Margins ID Group, in partnership with the Korle Klottey Municipal Assembly and the Accra Metropolitan Assembly, has officially unveiled the Kinbu Triangle green landmark, completing the urban regeneration project in just 30 days. The initiative, commissioned on 19th December 2025, addresses urban heat, environmental degradation and pedestrian safety along one of Accra’s busiest commercial corridors. The climate-resilient space features native, drought-resistant landscaping and pedestrian-friendly design elements aimed at reducing ambient temperatures and enhancing the urban experience for surrounding schools, offices, businesses and hospitality facilities. Speaking at the unveiling, Moses Baiden Jnr, Chief Executive Officer of Margins ID Group, said the…
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