Author: TNRgh
77% Oversubscribed as Investors Pour GH¢10bn into Government Auction Amid Strong Market Demand By Prince Ahenkorah Investor appetite for Treasury bills has strengthened significantly on the primary market, with the latest government auction attracting bids far above the amount targeted for borrowing. Data released by the Bank of Ghana shows that investors submitted bids worth GH¢10.03 billion across the 91-day, 182-day and 364-day Treasury bill instruments, against the government’s target of GH¢5.67 billion. The strong demand represents a 77 per cent oversubscription, signalling increased investor interest in short-term government securities. The government accepted GH¢7.38 billion of the total bids received,…
Ya-Naa Abukari II’s death ends a brief, stable interlude in Dagbon’s turbulent history, setting the stage for a high-stakes succession tussle between the Abudu and Andani gates.The passing of Ya-Naa Mahama Abukari II has emptied the Yendi Skin, removing the central figure who anchored Dagbon’s fragile 2019 peace deal. Seven years after his ascension closed a bloody 16-year vacancy, the kingdom’s kingmakers must now navigate a succession process that historically ignites factional tensions between the Abudu and Andani royal gates.Although the Traditional Council has yet to disclose official details surrounding his death, insiders describe his departure as the felling of…
…intelligence Alert exposes growing threat at NATO amidst US/IRAN standoffBy Stanley Asor A last-minute switch of presidential aircraft has exposed a high-stakes intelligence warning that Iran was planning to assassinate Donald Trump during last week’s NATO summit in Ankara. According to Israeli broadcaster Channel 12, the United States received a specific threat alert from a Western ally, prompting US security chiefs to transfer Trump from the newer Air Force One a Qatari-donated aircraft to an older, fully shielded model just before departure.The incident underscores the fragility of presidential security even at allied gatherings, and the depth of Tehran’s enmity towards…
…in Shata-Wale’s Lamborghini Cover-up By David Tamakloe/Stanley AsorThe trail of a murdered man’s Lamborghini, winding from the United States via Canada to Music Star , Shata-Wale, has exposed a web of asset laundering linking the controversial former Director General of the National Signal Bureau, Kwabena Adu-Boahene, a convicted fraudster, and a dancehall icon. New evidence from the Economic and Organized Crime Office (EOCO) inquiry into the yellow Urus seized from musician Charles Nii Armah Mensah, known as Shatta Wale, suggests a carefully choreographed series of deceptions designed to obstruct justice and shield the vehicle’s true provenance from both local investigators…
EOCO Detention, Voluntary Repayments, NPP’s Protest spotlights GHc55m Grand Loot at IMCCoD By Gifty BoatengDennis Miracles Aboagye, a close associate of former Vice President Mahamudu Bawumia and an aspirant for the NPP’s national communications director position, remains in Economic and Organized Crime Office (EOCO) custody following his arrest at Accra’s Kotoka International Airport on 11 July. The detention which the opposition New Patriotic Party (NPP) has rushed to characterise as political persecution centres on the alleged diversion of approximately GH¢55 million in public funds during Aboagye’s tenure as executive secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD).EOCO’s investigation, which…
Hich Court Clears procedural hurdles; prosecution prepares to Grill NAM1 By Prince Ahenkorah After more than a year of procedural wrangling, the Accra High Court has finally set a date for the resumption of testimony in the collapsed gold dealership saga that has left thousands of small investors stranded. Nana Appiah Mensah the flamboyant founder of MenzGold Ghana Limited, better known as NAM1 will return to the witness box on 17 July, following the completion of a Case Management Conference (CMC) that had been stalled by his failure to file a court-ordered witness statement.That document, mandated by the court in…
…Supreme Court Justice Reveals By Philip Antoh A Supreme Court Judge, Justice Richard Adjei-Frimpong, has debunked the widespread perception that judges deliberately prolong court cases. Instead, he has attributed the persistent delays in Ghana’s justice delivery system to a severe shortage of court facilities, inadequate personnel, and cumbersome legal procedures. Speaking on Asempa FM’s Ekosii Sen show, Justice Adjei-Frimpong explained that the sheer volume of cases filed daily far exceeds the capacity of the country’s existing judicial infrastructure. “The cases are many, but the courts are few,” he observed, noting that this imbalance inevitably leads to backlog. He argued that…
By Gideon Agbagba Benjamin Agorsu Katsekpor has been elected as the new Constituency Chairman of the New Patriotic Party (NPP) in the Ketu South Constituency after securing a commanding victory in the party’s constituency executive elections. The election, which drew delegates from across the constituency, ended with Hon. Katsekpor polling 1,387 votes to emerge as the overwhelming winner of the highly contested race. His closest challenger, Emmanuel Coffi Nyatsikah, the immediate past Constituency Chairman, secured 342 votes, while Obed Yao Alaglo garnered 192 votes. A total of 24 ballots were rejected during the counting process. The declaration of the results…
By Gideon Agbagba The Director of Communications for the New Patriotic Party (NPP), Hon. Richard Ahiagbah, has called on party members in the Ketu South Constituency to uphold peace, unity, and discipline as delegates head to the polls today to elect new constituency executives. Speaking ahead of the much-anticipated constituency elections, Hon. Ahiagbah stressed that the exercise is an important democratic process that should strengthen, rather than divide, the party. He urged delegates to conduct themselves in a peaceful and orderly manner throughout the election and to respect the rules governing the process. He appealed to all aspirants and their…
By Lawrence Odoom Vice President Professor Naana Jane Opoku-Agyemang has issued a clarion call for collective responsibility in sanitation, cautioning that the country’s recurring flood crises are being compounded less by nature alone and more by human negligence. Addressing residents during a community clean-up exercise in Nungua on Thursday, as part of the ongoing National Clean-up Exercise, the Vice President underscored that environmental degradation is largely self-inflicted. “We are here because something has gone wrong,” she told journalists. Prof. Opoku-Agyemang argued that indiscriminate waste disposal has become a direct catalyst for disaster. By choking drainage systems, discarded refuse obstructs the…
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