Richard Nii Armah Quaye is a Ghanaian businessman

Ghanaian businessman, Richard Nii Armah Quaye, has argued that the amount of money often given to young entrepreneurs as seed capital are far too small to establish sustainable businesses capable of creating jobs and driving economic growth.

Speaking at the 2025 Entrepreneurs Forum in Accra, the founder of RNAQ Holdings and Quick Angels Limited stated that while government has increased cash prizes for winners of entrepreneurship competitions from GH¢20,000 and GH¢15,000 in the past to GH¢100,000 and GH¢200,000 today, the amount remains inadequate.

“Let’s ask ourselves this question. Which business or serious business in this country can a GH¢100,000 or GH¢200,000 build?. Unless they are giving people money to go and do hawking or they are giving people money to buy an iPhone for themselves, or you are giving people money to set up container or kiosk somewhere and continue all these nuisance businesses that most Africans are doing,” he stated.

Establish Ghana Agriculture Service – GAWU to government

He added, “But to set up a proper business, well-structured business, businesses that can bring innovative products, services that will solve problems in our society, that will create jobs and hold Ghana’s economy, you cannot do it with 100,000 cedis or 20,000 or 15,000.”

Quaye stressed that innovative businesses and services that solve societal problems and create jobs require far larger capital bases.

He noted that with the high cost of operations in Ghana, young entrepreneurs cannot realistically build scalable enterprises with such limited funds.

Drawing from his own experience of setbacks and financial constraints, he explained that these challenges inspired him to establish Quick Angels Limited, an angel investment company that supports young people with talent, skills, and ideas to overcome financial barriers.

He stated that he does not want the next generation of entrepreneurs to go through the same financial struggles he faced.

SA/EB

Millionaire Richard Nii Armah Quaye has stated that 100,000 cedis is too small to start serious business in Ghana .#BerryPulseNews pic.twitter.com/zpDoe58TO8

— Berry Pulse Media Inc (@BerryPulseM_Inc) December 6, 2025

Abdul-Moomin Gbana is the General Secretary of the Ghana Mineworkers’ Union

The General Secretary of the Ghana Mineworkers’ Union (GMWU), Abdul-Moomin Gbana, has called on the Bank of Ghana (BoG) to immediately refund the life savings of more than 19,000 miners whose deposits were locked up in financial institutions affected by the 2018/2019 financial sector clean-up.

He made the call at the Union’s second-half National Executive Council (NEC) meeting held in Accra.

Gbana said the affected funds included provident funds, welfare funds, leave savings, individual savings, and severance packages, all placed in BoG-regulated institutions which were later declared weak or insolvent.

He expressed deep disappointment that after more than four years, the workers had still not received their deposits.

He stated that the Union was “totally appalled and deeply disappointed” in the Central Bank’s performance as a regulator, saying the BoG had repeatedly assured the public that deposits placed with licensed institutions were safe and that, in the unlikely event of a loss, the Central Bank would take responsibility.

It was on the strength of these assurances, he noted, that miners and the general public entrusted their savings to the affected institutions.

Gbana said the Union found it unacceptable that the Minister of Finance, Dr Cassiel Ato Forson, had recently indicated that the Ministry had “no money” to settle depositors and that the BoG must instead recover assets from the collapsed institutions to pay affected customers, despite acknowledging in the 2026 Budget that the financial sector required GH¢10.45 billion to address remaining legacy issues.

Establish Ghana Agriculture Service – GAWU to government

He argued that, as the statutory regulator, the BoG owed depositors a fiduciary duty and must therefore “fully refund” all locked-up funds without delay. He added that the Central Bank could later recover the monies from the liquidated assets of the distressed institutions. Anything short of full payment, he warned, would have “severe consequences in the coming days.”

The General Secretary said the Union’s demand was reinforced by repeated assurances from both the former and current governors of the BoG, as well as findings captured in IMF reports of May 2023 and December 2024, none of which had resulted in the release of members’ funds.

Addressing Council members, Mr Gbana emphasised that the issue of the locked-up funds had become one of the Union’s most pressing concerns, as many of the affected miners had retired or been severed and were depending on these savings for their livelihoods. He noted that the delay had imposed “severe hardship” on workers who had trusted the financial system in good faith, adding that the Union would therefore not relent in demanding what rightfully belonged to its members.

Gbana also highlighted developments at the Bogoso–Prestea Mine, describing them as significant for the Union’s membership.

He recalled that in November 2024, following months of agitations and demonstrations by the Union, the government terminated the previous leaseholder’s rights and re-issued the mining leases to Heath Goldfields Ltd after due diligence by the Minerals Commission.

The Union had earlier demanded the termination because the former leaseholder had failed to operate or manage the mine effectively.

He said the re-issued leases came with conditions, the most critical being the settlement of all outstanding indebtedness owed to workers.

Gbana said after months of litigation, Heath Goldfields had now paid a significant portion of the outstanding wages and salaries owed workers and had signed a Memorandum of Understanding committing to settle the remainder within agreed timelines.

He commended the company for the progress made and announced that the mine had reached operational readiness and was preparing to commence production.

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Heart of Lions head coach Bashir Hayford was left fuming on Saturday after his team suffered a 2-1 defeat to Nations FC in the Ghana Premier League.

In a Week 13 fixture of the 2025/26 league campaign played at Dr. Kwame Kyei Sports Complex, Lions scored first, but Nations FC rallied from behind to secure all three points.

Speaking in his post-match interview, Bashir Hayford slammed the senior players in his team, accusing them of being complacent and letting the team down.

“I think because of the winning we are winning my top players, they call themselves senior players. I think they are joking. I should put them on their feet. The complacency is too much, and that’s why we lost. Honestly, my so-called experienced players have let me down,” the experienced tactician said.

Coach Hayford added, “I’m very disappointed. We have had the opportunity to jump to the top five times, and honestly, anytime we get the opportunity, we mess up. We have to go to the drawing board.”

After the setback on the road, Heart of Lions will look to regroup to get back to winning ways next weekend when they take on Bibiani Gold Stars on matchday 14.

The Achimota Circuit Court will on December 17, 2025, begin the trial of Sampson Azumah, a 21-year-old man accused of stabbing a firefighter at Adjiriganor.

Azumah is alleged to have stabbed the firefighter with a screwdriver after water used to douse a fire splashed on him. He has been charged with causing harm and has pleaded not guilty.

At a Case Management Conference on December 3, 2025, the prosecution, led by Chief Inspector Emmanuel Addo, informed the court that three witness statements had been filed and served on the accused, who is not represented by a lawyer.

The trial judge directed Azumah to ensure the statements were read and explained to him. When he asked who would do so, the judge ordered the court Registrar to ensure the statements were explained before the next adjourned date.

The prosecution said the complainant is Leslie Adjie Tetteh, a fire officer based in Teshie, while Azumah is unemployed and resides at Adjiriganor, East Legon.

According to the prosecution, on November 14, 2025, at about 11:30 p.m., Tetteh, who is stationed at the Ghana National Fire Service headquarters, was part of a team responding to a fire outbreak at the residence of Yvonne Okoro at Adjiriganor.

The court heard that several bystanders gathered at the scene, with some allegedly throwing stones at the firefighters.

After the fire was brought under control, and while Tetteh was packing up a hose, he was allegedly attacked by Azumah, who accused him of deliberately splashing water on him.

Azumah is said to have pulled a concealed screwdriver from his waist bag, stabbed the complainant in the left arm, and fled the scene.

Tetteh was rushed to the hospital for treatment, after which the incident was reported to the East Legon Police. A medical form was issued for further care.

On November 17, 2025, Azumah was arrested. The prosecution said he admitted committing the offence, and the screwdriver was retrieved.

For his part, the Greater Accra Regional Chief Fire Officer, Rashid Nisawu, said the Ghana National Fire Service would continue to attend court proceedings and was determined to pursue the case to its logical conclusion.

He noted that failing to do so could cause the public to take the Service for granted.

History was made at Paa Joe Park on Saturday when Adrobaa Roman Catholic Basic School from the Ahafo Region were crowned champions of the 2025 Milo U13 Championship.

The sixth edition of the competition came to a grand finish as Adrobaa etched their name in folklore as first-time winners of the tournament, which returned after a six-year hiatus.

For beating Franko International School from the Western North Region 2-0 in an electrifying final, Adrobaa took home GHS50,000 as cash prize, along with a trophy donated by the legendary Abedi Pele Ayew.

Just a minute into the game, the Ahafo side took the lead through an own goal from John Badu, completely shifting the momentum in their favour.

About eleven minutes into the second half, Danso Dramani doubled the lead for Adrobaa after connecting freely to a set-piece inside the box, sealing victory in an entertaining final.

Adrobaa did not only take home the ultimate prize. Their goalkeeper, Amankwah Sebastian, was adjudged Best Goalkeeper of the tournament for his outstanding performances. He did not concede from the knockout stage and made a big penalty save in their shootout win over Bono East in the quarter-final.

For all the brilliant football they played, Franko International did not leave empty-handed. Their star forward, Righteous Aidoo, won both the Golden Boot for his six goals and the Golden Ball for his overall excellent tournament. Franko also received GHS30,000 for finishing second.

Meanwhile, St. Francis R/C from the Bono Region pocketed GHS20,000 for winning bronze after their 3-2 penalty shootout victory over Advent Reform Institute from the Eastern Region.

Good News Preparatory School from the Central Region was named the Fair Play Team.

Amankwah Sebastian of Adrobaa R/C won the Best Goalkeeper Award, while Franko International’s Righteous Aidoo claimed both the Golden Boot and the Best Player Award. #MiloU13Championship #RaisingChampionsTogether pic.twitter.com/PE11wfYFuG

— Fentuo Tahiru Fentuo (@Fentuo_) December 6, 2025

Football legend and Milo icon Stephen Appiah, who attended the final, called for better management of the talent emerging from the tournament.

“At times it saddens my heart that after this tournament where are they going? So we have to do something to keep these boys. They are doing it in Europe,” Appiah said.

“Through Milo, we still have hope for Ghana football”

Stephen Appiah wants the talents emerging from the #MiloU13Championship to be better managed so their names are not forgotten a few years after their exploits at Paa Joe Park. #RaisingChampionsTogether pic.twitter.com/NLomCtzw2g

— Fentuo Tahiru Fentuo (@Fentuo_) December 6, 2025

“At times I’m worried that the current generation if they are not playing for the national team who are going to replace them? But through Milo I think that we still have hope that the future is bright for Ghana football.”

See some pictures below from the medal ceremony:

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

Ghanaians spend nearly half of their income on food

A new report from the Ministry of Food and Agriculture has revealed that Ghanaians spend nearly half of their income on food.

According to the findings, for every GH¢100 earned, GH¢42 goes directly toward food expenses.

The report underscored the critical role farmers play in sustaining livelihoods and the need for government to strengthen food security.

It called for continuous investment and support in the agricultural sector to make food more affordable and accessible to all.

Establish Ghana Agriculture Service – GAWU to government

The findings were released as Ghana marked the 41st National Farmers’ Day on Friday, December 5, 2025.

The celebration, held at the Ho Sports Stadium under the theme “Feed Ghana, Eat Ghana, Secure the Future,” honoured farmers and fishers whose dedication continues to anchor the country’s food security and rural economy.

The event also showcased agricultural innovation, technology, and strategic partnerships aimed at building resilience in Ghana’s food systems.

SA

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Policy think tank IMANI Centre for Policy and Education is demanding government accountability on biometric data from previous SIM registration before citizens provide fresh details in the 2026 exercise.

The organization raised concerns about the custody, protection, and current location of fingerprints and facial images collected during the 2022 registration exercise. IMANI revealed that verification against the National Identification Authority database was never fully carried out, leaving sensitive biometric data stored without clear accountability measures. The think tank questioned who controls the data, under what protection it exists, and what accountability mechanisms are in place.

According to IMANI, biometric information differs fundamentally from ordinary data because it cannot be changed if leaked or misused. The organization argues that before a new registration proceeds, government must resolve critical questions about data custody and security. IMANI specifically demanded clarification on who currently holds the biometric data and bears responsibility under Act 843, where the data are stored and under what technical safeguards, the verifiable protocol for secure deletion of legacy data, and which independent body will audit, certify, and publish the deletion.

Communications Minister Samuel Nartey George announced in December 2025 that fresh nationwide SIM registration will begin in the first quarter of 2026. George declared the previous registration invalid, citing weak biometric verification and lack of legal backing. He explained the earlier process failed to cross-reference biometric data properly with the national database, undermining credibility.

National Identification Authority Acting Chief Executive Wisdom Yayra Koku Deku confirmed in October 2025 that biometrics collected during the 2022 exercise were never authenticated against NIA systems. Deku stated the old system only verified Ghana Card PINs without biometric authentication, leaving much data unreliable. He emphasized that captured fingerprints were not used to authenticate identities with any authoritative system.

George revealed his ministry reached agreement with NIA to integrate biometric databases for seamless verification during upcoming registration. The minister disclosed government has begun cleaning and synchronizing biometric data previously collected, which he said was scattered across various databases without proper validation. He stated approximately 80 percent of records have been cross-referenced with NIA.

A new Legislative Instrument to guide the upcoming registration has been completed and will soon go before Parliament for approval. The Public Procurement Authority is finalizing selection of a service provider. George emphasized the new system will be technology-driven and human-centered to avoid queues and inefficiencies that characterized the previous exercise.

IMANI insists on full transparency, public audit, legal assignment of responsibility under the Data Protection Act, and clear proof of deletion overseen by an independent body. The think tank stated citizens should not be required to register again until the matter is resolved transparently. Without clear answers, IMANI fears a second registration risks becoming repetition of past mistakes rather than solution.

Industry observers note Ghana’s previous SIM registration faced multiple challenges including contractor credibility concerns, extended deadlines, and service disruptions. The 2022 exercise saw 30 million individuals complete the first phase by linking Ghana Cards to SIM numbers, with approximately 21 million completing full biometric verification.

The new registration forms part of broader efforts to combat SIM-related fraud and provide legal clarity for telecom operators and users. Similar initiatives across Africa including Zimbabwe and other nations aim to address mobile device-related crimes through central equipment identity registers and enhanced subscriber verification systems.

The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has cautioned President John Dramani Mahama against yielding to calls for the abolition of the Office of the Special Prosecutor (OSP), describing the proposal as a political trap.

His comments follow a declaration by the Majority Caucus in Parliament, led by its leader Mahama Ayariga, who on December 4 renewed demands for the OSP to be scrapped.

The Majority argued that the Attorney-General’s Office should be strengthened as the sole authority empowered to investigate and prosecute corruption cases.

Mr. Ayariga questioned what he described as the government’s “contradictory logic” of under-resourcing the Attorney-General while allocating significant funds to the OSP, an institution he said had “failed to meet expectations.”

But speaking on TV3 on Saturday, December 6, Mr. Edudzi insisted that scrapping the OSP would be a grave mistake.

“I will pray that President Mahama does not fall into this political trap — scrapping the OSP. It is a political trap,” he said.

He argued that the existence of the OSP should not be tied to the performance or controversies surrounding its current or past leadership, stressing that the institution and its occupant must be separated.

“The office can exist independently of the occupant. We can easily draw that distinction,” he said.

Mr. Edudzi explained that the framers of the law establishing the OSP intentionally created safeguards to prevent abuse of office by ensuring the Special Prosecutor’s conditions of service were pegged to those of a Court of Appeal judge.

This, he said, ensures that if a Special Prosecutor misconducts himself or herself, the procedures governing superior court judges apply, providing accountability without dismantling the institution.

He maintained that the OSP remains an essential component of Ghana’s anti-corruption architecture and urged policymakers to strengthen it rather than abolish it.

Mahama Ayariga: Abolish OSP, empower AG to fight corruption