Author: TNRgh
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…
By Prince Ahenkorah The Minister for Education, Haruna Iddrisu, has issued a stern warning to all stakeholders involved in the 2026 Basic Education Certificate Examination (BECE), cautioning against any form of examination malpractice as the nationwide exercise continues. The warning targets candidates, teachers, headmasters, invigilators, and supervisors, with the Ministry emphasizing that the ongoing examination, scheduled to end on May 11, 2026, must be conducted with the highest level of integrity. In a statement released on May 6, 2026, and signed by the Deputy Minister for Education, Dr. Clement Abas Apaak, the Ministry expressed concern over reported cases of malpractice…
As power Blocks Battle for the Soul of the University Front Desk Report Ghana Communication Technology University (GCTU) has become the unlikely center of a governance storm that now stretches far beyond academia touching the Presidency, Manhyia, national security structures, and the country’s tertiary education regulators. What began as a leadership dispute has evolved into a complex web of alleged influence‑peddling, regulatory inconsistencies, and institutional vulnerabilities that analysts say could reshape public trust in Ghana’s higher‑education system.At the heart of the controversy is former Vice‑Chancellor Prof. Emmanuel Ohene Afoakwa, whose attempted return to office has triggered one of the most…
– Roads Minister fumes as Indian firm flees with US$30 million, locals report sleeping contractorsBy Gifty Boateng & Prince AhenkorahThe heat is scorching, but it is not coming from the sun. It is coming from the office of Ghana’s Roads and Highways Minister, Governs Kwame Agbodza, who has declared all-out war on lazy, non-performing road contractors across the country.In a no-holds-barred nationwide inspection tour that has left the construction industry trembling, Agbodza has issued two-month ultimatums, summoned company bosses for dawn showdowns, and threatened to drag at least one Indian firm to court for allegedly walking away with nearly US$30…
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