Author: TNRgh

Says Fund Too Small to Curb Accra’s Flooding Crisis By Philip Antoh A decade after the June 3, 2015, flood disaster that killed more than 150 people and submerged much of the capital, Accra remains dangerously exposed. A new policy brief from the IMANI Centre for Policy and Education, released on Monday, delivers a sobering verdict: the remaining funds for the Greater Accra Resilient and Integrated Development (GARID) project are unlikely to be enough.The think tank’s analysis, titled “GARID and Urban Governance as Adaptation and Strategic Measures to Address Perennial Floods,” cuts through the official optimism that has surrounded the…

 as ITAS System Targets GH₵310B Revenue By Philip Antoh The Ghana Revenue Authority (GRA) has embarked on a major digital transformation with the launch of its Integrated Tax Administration System (ITAS). This sweeping technological upgrade is designed to modernize tax collection and support an aggressive mobilization strategy aimed at doubling Ghana’s domestic revenue to GH₵310 billion by December 2028. At a stakeholder engagement in Accra attended by business leaders, media practitioners, and tax experts, GRA Commissioner-General, Mr. Anthony Sarpong outlined the system’s core objectives. He emphasized that ITAS is engineered to remove bureaucratic red tape, enhance the customer experience, and…

By Prince Ahenkorah The government’s drive to reduce fuel costs and strengthen Ghana’s energy security has received a major boost, as Sentuo Oil Refinery is expected to receive one million barrels of crude oil from Ghana’s Jubilee Field for local processing. The shipment marks a significant milestone in efforts to increase domestic refining capacity and reduce the country’s reliance on imported petroleum products. Industry experts believe the initiative forms part of the broader strategy by the administration of President John Dramani Mahama to promote local value addition in the petroleum sector. The move comes at a time when geopolitical tensions…

By Leo Nelson The Government of Ghana has recorded a significant turnaround in its treasury bills auction, exceeding its fundraising target despite a sharp rise in borrowing costs. The latest auction results released by the Bank of Ghana revealed that investor demand surged strongly, helping the government secure GH¢5.83 billion from the domestic market. The outcome marks a major reversal from the previous two weeks, during which treasury bill auctions suffered undersubscription as investors remained cautious amid changing market conditions. This time, however, investors returned aggressively, submitting bids worth GH¢6.09 billion against a target of GH¢5.44 billion. The strong response…

– Commits to Expand Access and Improve Safety   The National Petroleum Authority (NPA) on Mondaycommemorated World LPG Day 2026, reaffirming its commitment to expanding access to and improving safety in the use of Liquefied Petroleum Gas (LPG). The programme brought together stakeholders from government and the energy sector, including representatives from the Ministry of Energy and Green Transition, the Petroleum Commission, the Chamber of Oil Marketing Companies (COMAC), the Chamber of Bulk Oil Distributors (CBOD), the Ghana LPG Industry Players Association (GLIPGOA), GOIL, and other industry players, to reinforce the strategic importance of LPG as a cleaner energy alternative,…

Exposes a Web of Debt, Lawsuits, and State ProbesBy David Tamakloe & Prince AhenkorahOn a quiet Friday afternoon in early June, Zeemoney Barbados Limited posted a brief notice on its website: it had applied to the Central Bank of Barbados for approval to voluntarily wind up its operations. Four branches across the island from the Dome Mall in Warrens to Speightstown, Hastings, and the Sheraton Mall Annex were effectively closed.The news came as little surprise to those tracking the company’s parent, Zeepay Ghana Ltd, one of West Africa’s most celebrated fintech success stories. But what the Barbados shutdown has revealed…

By Prince Ahenkorah Godwin Edudzi Tameklo, Chief Executive of the National Petroleum Authority (NPA), stood before an audience at the World LPG Day celebrations on Monday and made a pledge that sounded bold: at least 50% of Ghanaians will have access to LPG for domestic cooking by 2030.The target is not new. But in a speech laced with safety slogans and partnership calls, Tameklo offered little detail on how the remaining 7 percentage points from the current 43% penetration to 50% – will be bridged in just four years. And industry insiders are asking whether the NPA’s “crusade” is more…

– Analyst Predicts Tougher Months for Stability  By Leo Nelson The Ghana cedi experienced a notable setback in May 2026, depreciating by approximately 4.6 percent against the US dollar, according to official interbank exchange rate data from the Bank of Ghana. The local currency moved from GH¢11.19 to the dollar at the end of April to GH¢11.73 by the close of May, reflecting mounting pressure in the foreign exchange market. The decline has reignited discussions among market participants, importers, exporters, and policymakers about the sustainability of the cedi’s gains recorded earlier in the year and the outlook for the remainder…

“I need to spend time with my kids. They are the most important thing for me now.”Prophet Boadi Nyamekye Breaks Silence on US Exile, Denies EOCO Probe By Gifty Boateng For two years, Prophet Dr Michael Boadi Nyamekye, founder of Makers House Chapel International, was a ghost in Ghana. His church ran on autopilot. His members whispered. And when The New Republic broke the story on June 4 that he had fled to the United States as the Economic and Organised Crime Office (EOCO) closed in, the rumour mill went into overdrive.Now, the prophet has spoken and his explanation is…

Direct ‘Mafia Ring’ to reverse Galamsey Appointments in Colleges of Education By Prince Ahenkorah A major governance dispute, has emerged within Ghana’s tertiary education sector after the Minister for Education, Haruna Iddrisu, directed the Ghana Tertiary Education Commission (GTEC) to review and, where necessary, withdraw communications perceived as interfering with the appointment processes of Principals and Vice-Principals in Colleges of Education. The minister’s intervention follows a formal complaint by the Governing Council of Foso College of Education Governing Council, which accused GTEC of unlawfully constituting a Search Committee to oversee the appointment of a new Principal and Vice-Principal for the…