Author: TNRgh

$1.7bn Losses, $11.9bn Reserves, $10.6bn Forex Intervention and 41% Cedi Boost By Prince Ahenkorah The International Monetary Fund (IMF) has assessed Ghana’s Domestic Gold Purchase Programme, revealing that while the Bank of Ghana incurred losses exceeding $1.7 billion, the initiative contributed to a rise in gross international reserves to $11.9 billion. The report also noted that the central bank’s foreign exchange interventions increased significantly, with forex sales rising from $1 billion in 2023 to $10.6 billion in 2025, supporting a 41% nominal appreciation of the Cedi against the US dollar. The IMF, revealed that the Bank of Ghana’s Domestic Gold…

National Executive Hopefuls, Okada Riders and Gheto Youth take Fight to Gain By Prince Ahenkorah The opposition New Patriotic Party (NPP) is set to stage its much-publicized “Democracy Under Attack” demonstration on Thursday, August 6, insisting that recent political and judicial developments pose a threat to Ghana’s democratic principles. The protest, according to the party, is intended to challenge what it describes as the arbitrary arrest and treatment of some of its members and to express dissatisfaction with the acquittal of former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe. As anticipation builds ahead of…

By Prince Ahenkorah The Driver and Vehicle Licensing Authority (DVLA) is set to introduce a cashless payment system as part of reforms aimed at improving efficiency and reducing delays in its service delivery. The Chief Executive Officer of the DVLA, Julius Neequaye Kotey, disclosed this during an interview on Accra FM, where he highlighted ongoing measures to modernise the operations of the Authority. According to him, the move to go cashless forms part of broader reforms designed to make transactions at DVLA offices more convenient and transparent for clients. Mr. Kotey also revealed that every DVLA office will be equipped…

School Closed, Six Students Arrested, Headmaster Hospitalized as Education Ministry Orders Probe By Prince Ahenkorah The Obuasi Municipal Assembly has ordered the indefinite closure of Obuasi Senior High Technical School (SHTS) following a violent disturbance that left the school’s headmaster seriously injured and resulted in the arrest of six students. The closure comes after tensions on the campus escalated into violence, prompting the deployment of police officers to restore calm and protect lives and property. According to reports, the unrest began after some students alleged that Headmaster Abdulai Zakaria had been seen burying a fetus in a nearby bush. The…

Hamid Vs The Not-Up-To-Scratch Trio By Gifty Boateng Former boss of the National Petroleum Authority (NPA) Dr Mustapha Abdul-Hamid, has given a damning verdict about the current national executives manning the affairs of the opposition New Patriotic Party (NPP), passing a vote of no confidence in them. According to the Islamic scholar, the NPP under their watch has deviated from what it is known and stands for blaming the situation on the executives. He said the current NPP is crowded by people who are not up to scratch, citing the clear example of those vying to be voted into the…

-as Nationwide Stakeholder Engagement Begins on Landmark Cocoa Board Bill, 2026 – GH¢33 Billion Legacy Debt, New Law to Rescue Ailing Cocoa SectorTNR Files The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, on Yesterday Wednesday August 5 mounted the podium in Accra to deliver a stark message to the nation: Ghana’s cocoa sector is in intensive care, but a new legislative framework offers the best chance of recovery.At a media encounter that laid bare the scale of the crisis inherited by the current administration, Dr. Abbey revealed that COCOBOD was saddled with a staggering GH¢33…

As Burkina Faso Announces Bagri Dam Spillage By Gifty Boateng Authorities in Burkina Faso have announced plans to commence the annual controlled water spillage from the Bagri Dam next week which has potential to wreak havoc to lives and properties in parts of Ghana. Ahead of the exercise, the Water Resources Commission (WRC) has issued a public communication warning individuals residing in the catchment areas in Ghana to prepare themselves for the impending spillage. According to the Commission, the current water level at the Bagré Dam stands at 232.93 metres, representing a 62.77 per cent filling rate. The update was…

Godfred Dame Snowballing Scandals Roll from Ambulance Case to Angela Lists Adamus Former Attorney General, Godfred Yeboah Dame, has become the focus of a fresh conflict-of-interest controversy after taking up private legal representation for a mining company in a case where he previously advised the state.Dame, who served as the country’s principal legal advisor until the New Patriotic Party left office in January 2025, is now counsel for Adamus Resources Limited, Nguvu Mining Limited and their principal, Angela List. The case, Adamus Resources PTY v. Adamus Resources Limited & Ors (Suit No. GJ-CM/ACC/0309/2025), concerns ownership of a Ghanaian gold mining…

CID Interpol Run Amok as Guinean Asylum Seeker VanishesTNR FilesA Guinean national with Belgian residency who sought refuge in Ghana has disappeared after a botched deportation attempt that has exposed serious gaps in Accra’s handling of asylum claims and raised uncomfortable questions about its compliance with international refugee law.Bangura Aminata, a mother of two, was arrested in Ghana on the strength of an Interpol Red Notice and taken to Kotoka International Airport on 5 August for removal to Conakry. By nightfall, she had vanished and with her, any clear account of what transpired. The case has acquired a diplomatic dimension…

APATU-PLANGE & CO PRUC First Floor No.84 Onyankale Street Opposite Accra Community School Abelenkpe-Accra Tel : 0244637981 4th August 2026 The Editor The New Republic Accra Dear Sir, RE: DEMAND FOR IMMEDIATE RETRACTION, FRONT-PAGE APOLOGY AND NOTICE OF INTENDED DEFAMATION ACTION We act as Solicitors for Ms. Angela List (“our Client”), upon whose express instructions we address you. Our Client has drawn our attention to the front page of your publication in which, in screaming banner headlines spanning virtually the entire width of your newspaper, you describe her as “THE GALAMSEY QUEEN OF NZEMA” and compound this libel by publishing…