Author: TNRgh
…as Revenue Reforms Gain TractionBy Leo NelsonGhana’s tax-to-GDP ratio rose to 14% in 2025 from approximately 12.3%, signalling early gains from the government’s domestic revenue mobilisation drive, a senior finance official said on Tuesday. The improvement marks a milestone in the West African nation’s efforts to reduce dependence on external financing and strengthen fiscal sustainability, Deputy Minister for Finance Thomas Nyarko Ampem told the opening session of the Ghana Tax Modernisation Project delegation visit to South Korea. “The improved tax performance demonstrates that ongoing reforms within revenue administration and public financial management systems are producing positive outcomes,” Ampem said. The…
Founder and two insiders accused of systematic looting as fintech group collapses under $200m debt pileInvestigative ReportThe first public warning of the crisis at Zeepay Ghana Limited came in a resignation letter so damning that its author copied it to the central bank and the country’s anti-corruption agency. On February 12, 2026, Zeepay’s Chief Financial Officer, Nana Ntim Asamoah, submitted his resignation after identifying what he described as “material weaknesses and abuse within the Company’s treasury operations.” The company’s auditor, Ernst & Young, had withdrawn from the 2024 audit due to “persistent delays and inability to obtain sufficient and appropriate…
Jibril Baron, who preached hard work to thousands, now faces extradition to US over alleged multi-million Dollar fraudBy Leo NelsonHe posed as a self-made man. A farmer. A real estate baron. A devout Muslim who built a luxury empire from scratch, inspiring droves of young Ghanaians with his rags-to-riches sermons. But when Jibril Baron stepped off his flight at Casablanca’s Mohammed V International Airport on Friday, Moroccan security agents were waiting. The 40-year-old CEO of Star Drive Estate and owner of Jibril Building Construction Luxury Homes is now in custody, the subject of an Interpol Red Notice sought by the…
Kennedy Agyapong breaks ranks, admitting party failed to complete facility despite eight years in power.By Prince Ahenkorah The Afari Military Hospital was supposed to be a beacon of hope for the people of the Ashanti Region a 500-bed facility that would ease the crushing burden on Komfo Anokye Teaching Hospital and bring quality healthcare to millions. Instead, it has become a symbol of governmental failure, a $180 million monument to political inertia that has now sparked a bitter internal battle within the New Patriotic Party. At the centre of the storm is Kennedy Agyapong, the former flagbearer aspirant and outspoken…
Author: Kwesi B. Randolph Johnson (16th June 2026). One critical gap in Ghana, a country rightfully touted as “as an oasis of peace in a desert of uneasiness” is the dirty beach in almost every single community along the country’s 550km coastal stretch. This unfortunate reality is a challenge on the country’s effort to reap benefits from the emerging blue economy and adequately addressing issues of youth unemployment and related developmental issues. Beach sanitation remains a critical environmental and socio-economic issue in Ghana’s coastal communities. Many beaches are increasingly affected by the accumulation of plastic waste, including discarded water sachets,…
By Leo Nelson The Office of the Special Prosecutor has stated that former Finance Minister Kenneth Nana Yaw Ofori Atta remains subject to extradition proceedings to Ghana despite reports concerning his immigration status in the United States. The clarification follows widespread media reports and a publication attributed to a Ghanaian law firm which suggested that Mr Ofori Atta had secured permanent residency in the United States after an immigration court found the criminal charges filed against him in Ghana not credible. “The OSP states that it is not involved in immigration hearings in the United States involving Mr. Ofori Atta.…
By Leo Nelson Ghana’s ossified legal training system is finally being prised open. Under transitional directives issued under the Legal Education Act 2026 (Act 1170), the dreaded entrance examination for admission to professional legal training has been abolished. The move, announced by Director of Legal Education Professor Raymond Atuguba, aims to break a bottleneck that has left an estimated 5,000–8,000 LLB graduates stranded unable to practise despite holding law degrees.For years, the Ghana School of Law’s narrow gates have been the stuff of legal folklore. Each year, 3,000–4,000 candidates sit the entrance exam; only a fraction pass. The result: a…
By TNR Financial Desk The Bank of Ghana (BoG) has ordered all regulated financial institutions to cut ties immediately with cryptocurrency platforms offering unauthorised foreign currency wallet services. The directive, issued without prior consultation with industry players, targets the fast-growing ecosystem of digital dollar channels that have been operating beyond the reach of traditional banking supervision.Central bank governor Dr. Ernest Addison is taking no chances. In a statement released late last week, the BoG warned that crypto-linked platforms have been facilitating fiat currency wallets especially US dollar-denominated ones funded through bank transfers, cards, and mobile money. These arrangements, the bank…
By Leo Nelson More than 1.1 million Ghanaian children nearly one in ten of those aged 5–17 are engaged in economic activities that violate their rights to education and development, the Commission on Human Rights and Administrative Justice (CHRAJ) disclosed on the World Day Against Child Labour (12 June). Of these, over 458,000 are not attending school at all, according to 2023 data from the Ghana Statistical Service.In a blunt statement timed to this year’s global theme “Red Card to Child Labour: Fair Play for Children, Decent Work for Adults” CHRAJ described child labour as “one of the most pressing…
By Leo NelsonOn paper, Ghana’s economy has rarely looked healthier. Inflation is down to single digits. Gross international reserves have climbed to an all-time high of US3 billion bailout, and Accra has transitioned to a non-financing Policy Coordination Instrument (PCI), a badge of policy credibility that officials hope will unlock investment-grade status.Yet the cedi tells a more complicated story. On June 15, the local currency traded at around 11.10 to the dollar on the interbank market, a slight improvement after weeks of steady decline. But that headline figure masks a persistent fragility: the cedi has depreciated by about 8.4 per…
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