Author: TNRgh
By Leo Nelson Ghana’s Fisheries Commission has advanced its strategic agenda for national food security by recently hosting a high-level delegation from the Korean Maritime Institute (KMI). The meeting served as a critical review of the ongoing fish processing and distribution project in Tema, a cornerstone of the bilateral cooperation between Ghana and South Korea. According to the Commission, the engagement, held in Accra, signals the transition of the project into a more intensive operational phase, focusing on the practical application of modernized technology within Ghana’s bustling maritime sector. The partnership began in 2023 under the framework of South Korea’s…
By Lawrence Odoom Deputy Defence Minister Ernest Brogya Genfi has moved swiftly to quash reports that military lands have been handed over to Ibrahim Mahama, the president’s brother, for private development. In a Facebook statement on 29 April, he called the claims “false and malicious” and urged the public to ignore them.The project in question is a redevelopment of colonial-era infrastructure at Burma Camp. Genfi insists the land remains under military control. The Ghana Armed Forces, he said, are leading a self-help housing programme to replace dilapidated barracks. Ibrahim Mahama, CEO of Dzata Group Holding, has donated GH¢120 million to…
By Leo Nelson Ghana Gold Board (GoldBod) has signaled a transformative era for the nation’s extractive sector by posting a monumental financial performance for the 2025 fiscal year, anchored by a total revenue of GH¢5.55 billion. This fiscal milestone, which includes a robust operational surplus of GH¢909.71 million, underscores the board’s evolving role in the gold value chain and its capacity to turn regulatory oversight into significant economic gains. The results highlight a sharp departure from previous years, as the institution successfully navigated expanded operations while maintaining a lean expenditure profile of GH¢109.38 million. “Notably, the institution recorded no finance…
By Leo Nelson President John Dramani Mahama has visited communities affected by recent tidal waves in Fuveme in the Volta Region, assuring residents that the government will accelerate the implementation of the $150m World Bank-supported West Africa Coastal Areas Management Program aimed at protecting vulnerable coastal communities. The President toured sections of the affected coastline after reports of the sea breaking through parts of the area, causing concern among residents over worsening coastal erosion and flooding. “We heard that the sea is breaking through, and so today we decided to come and take a look at what is happening. All…
By Leo Nelson Minister for Roads and Highways, Governs Kwame Agbodza, has disclosed that the Mahama administration has paid GH¢429.5m, equivalent to 29.5 million dollars, to the contractor working on the Suame Interchange project as part of efforts to accelerate completion of the major road infrastructure project in the Ashanti Region. The Minister made the announcement during his ongoing inspection tour of the government’s flagship Big Push road projects in the Ashanti region. According to Agbodza, the payment demonstrates President John Dramani Mahama’s commitment to continuing inherited projects despite current economic constraints and limited borrowing opportunities. “We are not able…
A new directive from Jubilee House has thrown Ghana’s lucrative lottery arrangement into sharp relief, ordering a full review and possible renegotiation of the contract between the National Lottery Authority and KGL Technology Limited. The move raises a larger and more troubling question: what happens when a public revenue stream of such scale is concentrated in the hands of a single private operator whose fortunes now appear entwined with the nation’s betting appetiteThe directive, signed by Secretary to the President Callistus Mahama, instructs officials to examine the legal basis, financial terms, exclusivity provisions, data ownership, audit rights and any clauses…
By Leo Nelson The Fisheries Commission has advanced its strategic agenda for national food security by recently hosting a high-level delegation from the Korean Maritime Institute (KMI). The meeting served as a critical review of the ongoing fish processing and distribution project in Tema, a cornerstone of the bilateral cooperation between Ghana and South Korea. According to the Commission, the engagement, held in Accra, signals the transition of the project into a more intensive operational phase, focusing on the practical application of modernized technology within Ghana’s bustling maritime sector. The partnership began in 2023 under the framework of South Korea’s…
By Leo Nelson Ghana Gold Board (GoldBod) has signaled a transformative era for the nation’s extractive sector by posting a monumental financial performance for the 2025 fiscal year, anchored by a total revenue of GH¢5.55 billion. This fiscal milestone, which includes a robust operational surplus of GH¢909.71 million, underscores the board’s evolving role in the gold value chain and its capacity to turn regulatory oversight into significant economic gains. The results highlight a sharp departure from previous years, as the institution successfully navigated expanded operations while maintaining a lean expenditure profile of GH¢109.38 million. “Notably, the institution recorded no finance…
By Leo Nelson Bright Simons , Vice President of IMANI Africa, has called on the Ministry of Lands and Natural Resources to release a comprehensive “White Paper” to clarify the deteriorating situation at the Bogoso-Prestea Gold Mine. The demand comes amidst growing public unease regarding a controversial $65 million financing and offtake deal with Swiss commodities giant Trafigura, which Bright Simons suggests reveals a deep lack of institutional trust in the mine’s current operator, Heath Goldfields. “The minister can’t keep quiet; there’s no such matter that the minister can’t keep quiet. You have to write a detailed white paper or…
By TNR News Desk Ghana is on the verge of exiting its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme, with the final review underway in late April 2026 and completion targeted for August. The three-year, approximately $3 billion arrangement approved in May 2023 came after a severe economic crisis that culminated in a sovereign debt default in December 2022. But beneath the surface of this apparent recovery lies a more uncomfortable question: is the IMF programme truly saving Ghana, or merely delaying a deeper economic reckoning? Critics argue that while the intervention has restored a degree of macroeconomic…
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