The red carpet has always been the heartbeat of major award shows, where glitz meets glamour, and stars make their grand entrance in unforgettable style.
The Telecel Ghana Music Awards (TGMA) is no exception. For the past 26 years, it has seen a parade of musicians, actors, media moguls, and fashion-forward personalities making bold statements on the iconic carpet. And if history is anything to go by, this year will be no different. However, things are about to change—dramatically.
Organisers of the 26th TGMA are shaking things up with a new set of rules aimed at restoring order and class to the red carpet experience. For the first time, walking the main red carpet will be by invitation only.
This means that only officially selected celebrities and dignitaries will be allowed to participate in the highly-anticipated “Who are you wearing?” segment, which will be broadcast live on television. To manage the flow and elevate the experience, there will now be two separate red carpet sessions: one for general media interviews and photoshoots, and a more exclusive main red carpet for televised appearances.
According to the organisers, this new approach is meant to bring “sanity and orderliness” to the process, which in previous years has faced criticism for being overcrowded and lacking production control.
For years, fans and critics alike have questioned why certain “celebrities” made it to the red carpet while others—perhaps more relevant—were left out or rushed through. Others have lamented the occasional lack of fashion polish, with some outfits making headlines for all the wrong reasons.
But with this refined system, the TGMA is promising a more focused and elevated red carpet experience—one that matches the prestige of the awards night itself.
The 2025 Telecel Ghana Music Awards is scheduled for Saturday, May 10, 2025, at the Grand Arena of the Accra International Conference Centre. Produced by Charterhouse, the prestigious event is proudly supported by Guinness, British Council, Close-Up, KPMG, and TV3, and powered by Telecel – connecting energies.
With tighter control and a spotlight on quality over quantity, this year’s TGMA red carpet might just be the most iconic yet.
Kwame Baffoe, the Bono Regional Chairman of the New Patriotic Party (NPP), widely recognized as Abronye DC, has vowed to confront Kennedy Agyapong, a former presidential candidate hopeful, in an intense showdown.
According to reports from GhanaWeb, the two politicians had a heated exchange during the party’s ongoing national “Thank You Tour” on Monday, April 28, 2025, in Berekum, located in the Bono Region, where both figures were present.
The altercation began after Abronye spoke to the crowd, addressing several important issues he believed the party must tackle.
He responded to accusations that he had plotted against a presidential candidate during the party’s internal elections the previous year, denying these claims.
Additionally, he defended himself against criticisms regarding his alleged favoritism towards Dr. Mahamudu Bawumia, the NPP’s 2024 presidential candidate.
Abronye also reflected on the party’s recent electoral defeat, stating that arrogance had been a key factor.
He warned party officials about making divisive statements that could benefit the opposition National Democratic Congress (NDC) in the upcoming 2028 elections.
He stressed the importance of genuine unity and discouraged insulting language within the party.
Although Abronye did not name any specific individuals in his speech, Kennedy Agyapong, who spoke after him, seemed to respond indirectly to the comments with remarks of his own.
Kennedy Agyapong took aim at party members who, in his view, contributed little financially but acted arrogantly, suggesting that their behavior was unearned.
He criticized those who, despite their lack of financial contributions, spoke as if they were superior figures in the party.
He then addressed Abronye directly, warning him to choose his words carefully, suggesting that even those of modest means should not speak with such confidence, particularly when richer individuals like himself were present.
While the two politicians seemed to have reconciled briefly during another stop on the tour, appearing to laugh and stand close together, Abronye reignited the tension during an interview with Movement TV on Monday, May 5, 2025.
In the interview, Abronye claimed that although Kennedy Agyapong had apologized for his previous comments, he had resumed his verbal attacks.
This led Abronye to announce his readiness to confront Agyapong head-on.
He declared that he was prepared to leave the NPP to face Agyapong directly, expressing his intent to fight until Agyapong regretted challenging him.
“Just because he has more money than me and people go to him begging, they want me to stay silent. But I won’t. I will fight him until he regrets picking a fight with a poor man like me,” he stated.
Abronye also accused Agyapong of using his wealth to dominate the party and intimidate others, stating that Agyapong’s actions had led him to believe he could control the party.
Abronye vowed to stand up against such treatment, promising to challenge Agyapong until he could no longer hold the NPP “hostage.”
Former Greater Accra Regional Chairman of the National Democratic Congress (NDC), Joseph Ade Coker, has dismissed the protest by the New Patriotic Party (NPP) against the suspension of Chief Justice Gertrude Torkornoo as a “childish” and futile political show.
Speaking on Channel One TV’s Breakfast Daily on Tuesday, May 6, Ade Coker strongly defended the government’s decision and process in handling the matter, stating that due process is being followed and that President John Dramani Mahama remains committed to the constitutional provisions governing the judiciary.
“All that they did yesterday, five months into governance, the government is doing the right thing, due process is being followed. So for me, all the petitions they sent were all childish, because nothing will move President Mahama or the NDC not to adhere to the constitutional provisions in this country,” Coker asserted.
His comment follows a protest organised on Monday, May 5, by a coalition of opposition parties led by the NPP. The demonstration culminated in the presentation of three separate petitions to the Presidency, Parliament, and the Judiciary, urging President Mahama to reverse the suspension of the Chief Justice.
The Chief Justice, Justice Gertrude Torkornoo, was suspended on April 22, 2025, after a prima facie case was established against her based on petitions submitted by private citizen Daniel Ofori, police officer Ayamga Akolgo, and civil society group Shining Stars of Ghana.
A five-member committee has since been constituted to investigate the allegations, in line with Article 146(6) of the 1992 Constitution.
Protest was about judicial independence, not CJ- Adomako
Three senior military officers have been fingered in the military allegedly blowing $8.8 million on non-functional 53-year-old military vehicles from a scrapyard in Azerbaijan.
It will be recalled that former Minister of Defence Dominic Nitiwul was exposed for allegedly overseeing the purchase of 53-year-old non-functional military vehicles from a scrapyard in Azerbaijan at a cost of US$8.8 million.
Dr. Kojo Pumpuni Asante, Director of Advocacy and Policy Engagement at the Centre for Democratic Development (CDD-Ghana), has endorsed President John Dramani Mahama’s ultimatum to government appointees who have failed to declare their assets.
He stressed the need for strict enforcement of accountability standards in public office.
His comments follow President Mahama’s directive issued during the launch of the Code of Conduct, which set a final deadline of May 7, 2025, for all appointees to comply with Ghana’s asset declaration laws. The President warned that failure to meet this deadline would lead to immediate dismissal.
This directive comes after an earlier deadline of March 31 was missed by some appointees. It forms part of the administration’s broader commitment to promoting transparency, curbing corruption, and safeguarding public resources.
Speaking on the Citi Breakfast Show on Tuesday, Dr. Asante emphasized that individuals seeking public office must adhere to existing rules, including declaring their assets before taking office.
“There has to be some consequence. If the whole point is the appointment that they want, these are the rules of public office, which is accountability. If you don’t follow it, you don’t benefit.
“The way people clamour for these things, if that’s what you want, then you will also have to make sure that you submit to the rules to make sure that our public interest and our public funds are protected,” he stated.
He also pointed out that the obligation to declare assets extends beyond politicians.
“If you read Act 550, there is a long list of persons who are supposed to declare their assets. There is an omnibus clause that says everybody whose income is equivalent to a director of the civil service is also required to declare their assets.
“The whole idea is that everybody who has a certain level of power or authority within the state has to declare their assets, and ensure that they are not abusing their powers for private gains,” he added.
Declare assets by May 7 or I’ll sack you – Mahama to appointees
Gomoa Central MP, Kwame Asare-Obeng, popularly known as A Plus, has rendered an unreserved apology to Attorney-General Dr. Dominic Ayine over comments made in a Facebook post, admitting his tone and choice of words were “inappropriate.”
In a Facebook post dated May 3, the legislator addressed what he described as a “misunderstanding” between himself and the A-G, clarifying that a controversial post on X (formerly Twitter) linking Dr. Ayine to corruption did not originate from him but from a fake account impersonating him.
The Train-the-Trainers format of the workshop is designed to multiply impact
Ghana is hosting the second regional Train-the-Trainers Workshop under the Arms Trade Treaty Implementation Support Project (ATT-ISP), with the goal of enhancing national and regional capacities to combat the illicit flow of arms across West Africa.
The workshop, taking place from May 5 to 9, 2025, in Accra, brings together security experts, policymakers, and representatives from several African countries to deepen their understanding of the Arms Trade Treaty (ATT) and strengthen implementation efforts at the national level.
Speaking at the opening ceremony, the Deputy Minister of Interior, Ebenezer Okletey Terlabi, expressed the government’s pride in hosting the event and reaffirmed the country’s commitment to the ATT’s core principles of transparency, accountability, and the prevention of human suffering caused by illicit arms flows.
“This workshop is not merely a technical event,” the minister noted.
“It is a demonstration of our shared responsibility to uphold peace, security, and responsible arms control across the region.”
He revealed that Ghana is actively working to domesticate the ATT’s provisions, with a Draft Arms Bill and a National Control List currently under review for Cabinet approval.
These efforts aim to modernize and align Ghana’s arms legislation with global best practices.
The Train-the-Trainers format of the workshop is designed to multiply impact by equipping regional participants with not only technical knowledge but also soft skills such as communication and training delivery.
Participants will go on to train others in their respective countries, thereby strengthening national systems of arms control.
Dr Adam Bonaa, Acting Executive Secretary of the National Commission on Small Arms and Light Weapons (NACSA), emphasized the urgency of regulating firearms in Ghana.
“About 9 out of 10 violent crimes in Ghana today involve illicit firearms—many of which are unregistered and smuggled into the country,” he said.
“We must pass the Arms Bill to protect our citizens and prevent these weapons from falling into the wrong hands.”
Dr Bonaa stressed that the workshop’s significance lies in its long-term impact.
“You can’t train everyone at once, so we train trainers who will go on to multiply knowledge and build regional resilience,” he stated.
Carina Solmirano, Head of the ATT Secretariat, assured participants of the training’s relevance and effectiveness.
She underscored the importance of international cooperation and local ownership in achieving the treaty’s objectives.
The workshop is supported by the European Union, which has been a major partner in global efforts to improve arms control and promote peace and security through the ATT framework.
>
AM/GA
#TheAdutwumFactor! Watch as Yaw Osei Adutwum declares intent to contest NPP flagbearership for 2028
This blog is managed by the content creator and not GhanaWeb, its affiliates, or employees. Advertising on this blog requires a minimum of GH₵50 a week. Contact the blog owner with any queries.
Zeqblog Blog of Tuesday, 6 May 2025
Source: Okine Isaac
Vicky Bright, a former legal advisor to ex-President John Agyekum Kufuor, has spoken out against what she sees as growing political hypocrisy and inconsistency in Ghana’s implementation of the rule of law, according to Ghana Web.
Speaking on the JoyNews AM Show on May 5, Bright criticized political personalities who change their viewpoints depending on which party is in power, warning that such behavior undermines the country’s democratic institutions.
She contended that the rule of law must be administered fairly and impartially, regardless of political party. “The rule of law does not bend based on which party holds power,” she stated during the interview.
Bright observed that Ghana’s democracy is undermined by partisan reactions to national concerns, with certain political leaders expressing selective outrage.
She emphasized how these contradictions weaken public trust and harm governance.
According to her, this trend has been seen across governments, with actions that were previously ignored under President Nana Akufo-Addo’s administration now being fiercely attacked by those who remained silent.
She urged political players to be consistent and transparent in their advocacy, emphasizing that a fair judicial system cannot be constructed on double standards. “Selective outrage does not build a better Ghana,” she told the crowd.
Bright asked Ghanaians to engage in national contemplation and hold all political leaders accountable and fair.
The Chief Executive Officer of Stanbic Bank Ghana, Mr Kwamina Asomaning, has called for urgent and systemic reforms within Ghana’s agricultural value chain, describing the current food security situation as both an economic and sustainability crisis.
Speaking at the Graphic Business/Stanbic Bank Breakfast Meeting held at the Labadi Beach Hotel in Accra, Mr Asomaning highlighted the steep rise in food prices and their wider economic implications, urging key stakeholders to address the vulnerabilities undermining the country’s food system.
“Today’s theme, The Future of Food: The Critical Place of Sustainable Practices, is not just timely. It is essential in alignment with the UN Sustainable Development Goal number two, zero hunger,” he said. “This is a call to action for all of us working across Ghana’s food ecosystem.”
Mr Asomaning expressed concern over the escalating cost of food, identifying food inflation as the largest contributor to Ghana’s overall inflation. “Let us be clear, the single biggest driver of Ghana’s overall inflation is food inflation,” he stated. “As of March 2025, food inflation stands at 26.5%. According to the World Bank’s February 2025 Food Security Update, Ghana had the highest food inflation rate among lower middle-income countries in Africa, reaching 27.8% in December 2024.”
He noted that this inflation has real and painful effects on households, leading to dietary changes and rising malnutrition. “Staple foods – maize, tomatoes, onions, gari – have more than doubled in price in recent years. Families are adjusting not just how they spend but how they eat. Protein is disappearing from dinner plates. Nutritional gaps are widening,” he added.
The Stanbic CEO attributed much of the crisis to structural weaknesses in the agricultural value chain, including limited access to modern tools, poor financing options for smallholder farmers, low irrigation coverage, and inadequate post-harvest infrastructure.
“Over 80% of our farmers are smallholders, many without access to modern tools or to financing. Only 3% of our cultivated land, and this is an estimate, is irrigated… Up to 30% of our food is lost at harvest – food that could feed millions,” he pointed out.
Mr Asomaning warned that unless sustainable solutions are implemented, the economic consequences would deepen. “High inflation continues to have damaging effects on Ghana’s economy. It erodes purchasing power, reduces savings, creates business uncertainty, and drives up interest rates,” he said. “It also fuels currency depreciation, worsens income inequality, and puts immense strain on public finances.”
He proposed a rethink of the national approach to food production and distribution. “Could improving rural storage and cold chain infrastructure help reduce the billions we lose each year in post-harvest losses and lower prices for consumers? Might scaling up irrigation protect farmers and markets from climate shocks?” he asked.
He also challenged the audience to consider how targeted financing, government policy, private investment, consumer behaviour, and agri-tech can work together to create a more resilient food system.
“I certainly don’t claim to have all the answers,” he said, “but I believe that expertise and insight in this room can help us begin to chart a sustainable and inclusive path forward.”
The event, organised in partnership with Graphic Communications Group Limited, brought together key figures in academia, finance, agriculture, and technology. It featured presentations from Professor Kester Quist-Aphetsi, Chair of the National Cyber Intelligent and Cyber Defense Research Project; Alberta Nana Akyaa Akosa, Founder of Agrihouse Foundation; and Professor Francis Atsu, a Financial Risk Manager and Sustainability and Climate Risk Professional.
The breakfast meeting is part of a quarterly thought leadership series aimed at influencing policy and encouraging cross-sector collaboration to address Ghana’s most pressing economic challenges.
Ibrahim Mahama (R) has taken full costs for Suzzy’s treatments as she is flown to the UK
Suzzy Pinaman, the 17-year-old student of Adventist Senior High School at Bantama, in the Ashanti Region, who was shot in the eye by a classmate, is to be flown to the United Kingdom for emergency medical treatment, due to the swift intervention of businessman and philanthropist, Ibrahim Mahama.
Suzzy sustained severe facial and eye injuries on April 4, 2025, when her classmate, Bernard Amoabeng, allegedly discharged a firearm during a school break. The bullet struck her forehead, with fragments damaging her eye, leaving her unable to see, sleep, or fully close the affected eye.
Her condition has been described as critical and complex, requiring multiple surgeries and specialised care unavailable in Ghana.
Following a widely circulated and emotional video appeal, in which Suzzy tearfully called on Ibrahim Mahama and former Assin Central MP Kennedy Agyapong for assistance, Ibrahim Mahama responded without hesitation. Through his aide, Rafik Mahama, he pledged to cover the full cost of her treatment, both locally and internationally.
Recognising the urgency of her condition, the Ministry of Foreign Affairs led by the sector minister, Samuel Okudzeto Ablakwa has intervened to fast-track the processing of her travel documents and UK visa.
This timely assistance will enable her immediate transfer to a specialist hospital in London where doctors will assess the full extent of damage and determine a treatment plan.
Medical Director of Agarwal Eye Hospital in Accra, Dr Asiwome Kwesi, who initially handled her case, confirmed the necessity of overseas treatment.
“Her case is extremely delicate. We suspect damage to the back of the eye, but cannot assess it properly here. Time is critical,” he stated during a press briefing on May 5, 2025.
Suzzy’s ordeal has sparked public outrage and raised serious concerns about student safety, firearm access among minors, and the mental health impact on victims of school-related violence.
Her family has expressed profound gratitude to Ibrahim Mahama, the Ministry of Foreign Affairs, and the general public for their overwhelming support.
“We are deeply thankful for this lifeline. May God bless all those who have shown us compassion in this dark moment,” a family spokesperson said.
The Ghana Publishing Company Limited (GPCL) has announced the launch of its newly designed gazette, featuring enhanced security measures aimed at preventing forgery and ensuring the authenticity of official publications.
The redesigned gazette includes a distinctive gold-colored Coat of Arms embedded with security features, along with a clearly visible unique watermark.
These enhancements make it impossible to replicate through conventional or unauthorized means.
In a statement issued and sighted by GhanaWeb on Monday, May 5, 2025, the Ghana Publishing Company Limited said; “The new design is part of GPCL’s broader strategy to safeguard the integrity of official gazettes and eliminate the proliferation of fake copies. The gold insignia is clear and unmistakable and provides authenticity that both institutions and individuals can confidently rely on.”
This security upgrade reinforces GPCL’s role as a trusted custodian of official information and a key partner in promoting good governance and legal certainty in Ghana.
SA
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel
Meanwhile, watch GhanaWeb’s tour of Odweanoma Paragliding Field below:
Popular television presenter Blessed Godsbrain Smart, also known as Captain Smart, has thanked President John Dramani Mahama following his resignation from Onua TV and Media General.
.The bold announcement came on Monday, May 5, 2025, a day which also marks his birthday.
In a message shared on his official Facebook page on Monday, 5th May, 2025, Captain Smart revealed that he is stepping away from broadcasting and taking a break from media work for up to two years. He thanked President John Dramani Mahama for believing in him. Many believe that Captain Smart has been given an appointment by the President. However, this has not been confirmed yet.
His post, titled “And I Speak With a Heart Full of Gratitude,” served as both a farewell and a message of appreciation to the many people who have played a role in his personal and professional journey.
Captain Smart wrote that his birthday is not just a celebration of age, but a reflection of grace, growth, and God’s favor. He thanked his mother, Aggie Aggie, calling her the “lioness” who fought for him, and his father, Uncle Bob, for giving him strong values and a foundation to fly.
In the post, he also honored former President John Agyekum Kufuor and the late Vice President Alhaji Aliu Mahama for their guidance and belief in him. He expressed appreciation to Mrs. Emma Kissiedu, his Group CEO Beatrice Agyeman, and the management of Media General for giving him the opportunity to grow his voice and influence in the media space.
But one of the most talked-about parts of his message was his direct gratitude to President John Dramani Mahama. Captain Smart wrote, “To President John Dramani Mahama, thank you for believing in me. Your trust is a badge I wear with deep responsibility.” This has fueled speculation that Captain Smart may have been offered a role in the opposition National Democratic Congress (NDC), especially after his open support for the party during the 2024 general elections.
He also thanked his colleagues, his producer Godwin, his close friends and mentors, and finally his wife and children, describing them as his “tomorrow” and the reason he continues to push forward..
A political science lecturer at the University of Cape Coast, Dr. Jonathan Asante Otchere, has taken a swipe at the New Patriotic Party (NPP) over its response to the ongoing process involving the suspended Chief Justice, Gertrude Torkonoo.
Speaking in an interview on Accra 100.5 FM’s evening news on Monday, May 5, 2025, Dr. Otchere argued that although the procedure to remove the Chief Justice is consistent with provisions of the 1992 Constitution, the NPP’s conduct is casting a political cloud over what should be a constitutional process.
Former Member of Parliament for Anyaa Sowutuom, Dr. Dickson Adomako Kissi, has clarified that the protest embarked on by a coalition of political parties led by the New Patriotic Party (NPP) was not centred on Chief Justice Gertrude Torkornoo as an individual, but rather on the broader implications for Ghana’s judicial independence.
Speaking on Channel One TV’s Breakfast Daily on Tuesday, May 6, Adomako Kissi warned that President John Dramani Mahama’s suspension of the Chief Justice could set a dangerous precedent that threatens the balance of power within Ghana’s democratic framework if left unchallenged.
“It is not really about the woman, it is about the position, and it is not about it being an NDC government. This protest is supposed to be a mark for Ghana to be very careful in the future because I envision every president now coming and wanting to nominate the Speaker of Parliament and change the Chief Justice,” he stated.
He added that such developments would undermine the principle of separation of powers, noting, “What we are trying to do is empower the executive more than the other arms of government. The independence of the Judiciary is at stake, and the checks and balances in our system ought to be looked at. What is at stake now is not necessarily the woman but the independence of the judiciary being thrown out.”
The member of Parliament’s comments follow a demonstration held on Monday, May 5, by the NPP and a coalition of political parties against the suspension of Chief Justice Gertrude Torkornoo. Protesters marched through Accra, accusing the Mahama-led administration of undermining judicial autonomy and the rule of law.
The coalition has since submitted formal petitions to the Presidency, Parliament, and the Judiciary. The Minority Leader, Alexander Afenyo-Markin, presented the petition to Deputy Chief of Staff in Charge of Operations, Stan Dogbe, at the Jubilee House.
The group urged President Mahama to rescind the suspension and protect the sanctity of Ghana’s democratic institutions.
The 2025 MET Gala held on Monday night, May 5, at the Metropolitan Museum of Art’s Costume Institute in New York and some Nigerian stars graced the exclusive occasion.
The Met Gala 2025 dress code is Tailored for You and Nigerian stars brought their A-Game to the red carpet.
Chimamanda Adichie, Tems, Ayra Starr, and Burna Boy are some of the Nigerians celebrities who attended the Met Gala 2025 red carpet in celebration of the Costume Institute’s spring exhibition, “Superfine: Tailoring Black Style.”
Work on the Ofankor-Nsawam Dual Carriage Road project, which initially missed its July 20, 2024 completion date, is set to miss the revised May 21, 2025 deadline.
The project is now expected to delay by an additional 15 months due to unresolved compensation issues involving persons affected by the project, and the relocation of utility lines belonging to agencies such as the Electricity Company of Ghana and Ghana Water Limited.
According to the latest progress report, the project is 74 per cent complete and cannot meet the revised May 2025 target.
The Chief Resident Engineer, Kwabena Bempong, disclosed that out of 328 structures along the project’s right of way, only 76 owners qualified for compensation, of which 40 have received payments.
He explained that attempts to expedite work stalled after some affected individuals took legal action. Since November last year, the contractor has faced significant financial challenges due to unpaid compensation, preventing further progress.
A section of the ongoing Pokuase-Nsawam Highway project
Parliamentary Visit
These revelations emerged during a working visit by the Parliamentary Select Committee on Roads and Transport to the project site on Friday. The committee was led by its Chairman and MP for Wassa East, Isaac Adjei Mensah, and the Ranking Member, Kennedy Osei Nyarko.
The delegation also inspected the Obetsebi Lamptey Interchange and the Winneba-Kasoa Road Expansion projects to assess progress and challenges.
Obetsebi Interchange
At the €87-million Obetsebi Interchange, progress on outstanding works has slowed due to government delays in settling interim payment certificates (IPCs). Resident Engineer of Fas Consult, Owusu Sekyere Antwi, stated that although phase two of the project is over 96 per cent complete, an outstanding IPC of about €20 million remains unpaid, hampering timely completion.
In January, Mr. Antwi had projected completion by March 2025, citing final touches such as pavement block laying, asphalt surfacing, road markings, and installation of traffic lights.
Kasoa-Winneba Road Project
At the Kasoa-Winneba site, work is reportedly progressing steadily. The Resident Engineer from ABP Consult revealed that Lot A, which includes interchanges at Sapato, Buduburam, Bereku, Akoti, and two footbridges, is 47 per cent complete. The project is expected to be handed over by March 2027.
MPs Call for Action
Mr. Adjei Mensah urged swift resolution of financial bottlenecks, especially at the Obetsebi site, and called on contractors to collaborate with the Ministry of Works and Housing and the GARID project to complete the drainage infrastructure.
He also called for cooperation among stakeholders to resolve compensation issues delaying the Ofankor-Nsawam and other road projects.
Ranking Member Kennedy Osei Nyarko expressed concern about the frequent postponements of the Ofankor-Nsawam dualisation.
“This is a 33.4-kilometre project that was to be completed in 24 months, but it’s already delayed by almost a year. If delays persist, the cost to the government and taxpayers could nearly double,” he warned.
He called for urgent action to address encroachments and compensation challenges to get the project back on track.
At the close of April 2025, a team from the Military Planning and Conduct Capability (MPCC) made a pivotal visit to Ghana as part of the European Union’s ongoing commitment to advancing security and defence partnerships in West Africa. The visit marked a significant milestone in the implementation of the EU Security and Defence Initiative Gulf of Guinea (EUSDI GoG), aimed at fostering stability, cooperation, and sustainable development in the region.
During their time in Accra, the MPCC delegation engaged in a series of constructive and forward-looking discussions with Ghanaian defence and government officials. These exchanges proved instrumental in shaping a tailored training program, co-designed to address Ghana’s specific security needs while aligning with broader EU strategic goals. This collaborative approach underscored the mutual respect and shared vision between the EU and Ghanaian authorities.
The newly developed training framework is expected to bolster operational readiness and strengthen institutional capabilities, serving as a cornerstone for the long-term success of the combined civilian/ military EUSDI GoG. More than a technical exercise, this initiative symbolizes a deepening partnership rooted in trust, transparency, and shared responsibility.
The atmosphere throughout the visit was marked by professionalism and warmth, reflecting the strong interpersonal connections that support international cooperation. Participants from both sides emphasized the value of open dialogue and expressed confidence in the path ahead.
This mission not only reinforced the EU’s strategic presence in the region but also set a positive precedent for future collaboration. As the EUSDI GoG continues to evolve, the outcomes of the MPCC’s visit to Ghana are likely to resonate across broader EU-Africa defence and security efforts.
In the words of one MPCC representative: “What we are building here is more than just capacity. It’s a long-term partnership grounded in mutual respect and a shared commitment to peace and progress.”
The Circuit Court in Sunyani has sentenced an Over-The-Counter (OTC) medicine seller, Nana Agyeman Badu, to 17 years imprisonment with hard labour for selling and exhibiting expired medical products.
This follows an operation by the Food and Drugs Authority (FDA) in collaboration with the Bono Regional Police Command.
The conviction, delivered on April 29, 2025, by His Honour Sylvester Nii Okine Ablorh, marks a major victory for the FDA in its ongoing crackdown on unsafe pharmaceutical practices in the country. In addition to the prison sentence, the court imposed a fine of GHc12,000.00 on the convict.
Failure to pay the fine would result in an additional 2-year jail term.
The case dates back to 2022 when the FDA and police seized expired medical products from Badu’s facility in Chiraa, Bono Region.
The products were subsequently tested and confirmed to be unfit for human use.
In a public statement, the FDA reaffirmed its commitment to protecting public health through strict enforcement of regulatory standards.
“The public is hereby advised that expired medical products are unsafe, as there are chemical changes that may cause harmful side effects or treatment failure,” part of the statement noted.
The FDA also urged consumers to be vigilant and report suspicious products while assuring the public of its continued collaboration with stakeholders to eliminate the circulation of unregistered or expired drugs in the country.
Ghana’s non-traditional exports projected to hit $10bn annually by 2030
The Inter-Ministerial Coordinating Committee on Decentralisation (IMCC) has inaugurated a Legislative Review Committee (LRC) to review and harmonize the legal and institutional framework underpinning Ghana’s decentralisation and local governance programme.
At the inaugural meeting of the LRC held at the IMCC Secretariat in Accra, the Executive Secretary of the IMCC, Dr. Gameli Kewuribe Hoedoafia unveiled the membership of the committee, with distinguished governance expert and statesman Professor Kwamena Ahwoi named as its Chair.
The much-anticipated 2025 Absa Black Star Marathon was officially launched yesterday, with organisers unveiling plans for what promises to be a historic event celebrating resilience, unity, and the power of personal stories. Scheduled for July 26, 2025, the marathon will commence and conclude at Independence Square in Accra, transforming the city’s streets into a vibrant stage for athletes, wheelchair racers, and first-time runners alike.
Delivering his keynote address via video link from the USA, Dr. Eric Kwame Adae, Founder and President of the Black Star Marathon (BSM), described the event as “a celebration of a movement” rather than just a race. Inspired by the Pan-Africanist ideals of Marcus Garvey, the marathon’s theme, “Your Story Matters”, underscores its mission to honour every participant’s journey.
“This race belongs to you—to elite athletes, wheelchair racers redefining strength, and everyday heroes running for loved ones or healing,” Dr. Adae declared. “Your pace doesn’t matter. Your story does.”
The marathon will feature two categories: a 42.2km Full Marathon and a 10km Race, both inclusive of wheelchair competitions. “Inclusion isn’t optional; it’s essential,” Dr. Adae emphasised, noting that the event aligns with the United Nations Sustainable Development Goals and aims to boost sports tourism in Ghana.
Nana Essilfuah Tamakloe, Marketing and Corporate Affairs Director of headline sponsor Absa Bank Ghana, reiterated the bank’s commitment to social impact. “This marathon is a Force-for-Good,” she said, revealing that proceeds will fund kidney dialysis treatments for underprivileged patients, athlete development, and youth empowerment.
The Ghana Tourism Development Company (GTDC) also pledged robust support, with CEO Prof. Kobby Mensah announcing plans for a groundbreaking sports parade featuring athletes on a double-decker bus. “We’ll showcase Accra like never before, making this one of the world’s premier marathons,” he said.
Prospective participants can register via shortcode *713*33*22# or the official website, blackstarmarathon.com. The route, designed to highlight Accra’s landmarks, will start and end at Independence Square, weaving through the city’s vibrant neighbourhoods to create a festive atmosphere for runners and spectators.
With its rallying cry—”One People. One Race. One Destiny.”—the Absa Black Star Marathon invites global runners to join a shared journey of resilience. As Dr. Adae concluded: “Let the Black Star rise. And let the stories begin.”
The Chief of Staff, Julius Debrah, has urged government officials to comply with the newly introduced Code of Conduct by President John Dramani Mahama, warning that breaches will not be tolerated.
Speaking at the launch of the Code of Conduct on Monday, May 5, 2025, he emphasised the importance of discipline and accountability in public service.
“I will encourage each and every one of you, once you get your copy, to study it just like your Bible. Because there shall never be any excuse whatsoever when you cross the line.
“The only time you will not be able to reach the president is when we are about removing you, I wish we are never going to have that bad experience of removing any one of you. But don’t forget that if you play ignorance, it’s never an excuse,” he noted.
The Code of Conduct is part of ongoing efforts by the Mahama led administration to promote good governance and integrity in public office.
Ghana’s official gold reserves continue their steady upward trajectory, reaching 31.37 tonnes by the end of April 2025, according to data from the Bank of Ghana.
This marks a substantial increase from 8.78 tonnes recorded in May 2023—nearly a fourfold rise in less than two years. The growth reflects the central bank’s ongoing strategy to bolster foreign reserves and enhance financial stability through increased gold accumulation.
The rise in reserves is part of a broader plan by the Bank of Ghana to diversify its asset holdings and reduce reliance on traditional foreign currencies.
As Africa’s top gold producer, Ghana has taken steps to formalise its small-scale mining sector and channel more of its gold output into national development.
To support this effort, President John Dramani Mahama, upon assuming office, established the GoldBod—a regulatory body tasked with overseeing the sale of gold produced by small-scale miners.
Since its creation, GoldBod has played a pivotal role in boosting local gold reserves. Notably, it negotiated a landmark agreement with nine large-scale mining firms to sell 20% of their gold output to the domestic market.
This breakthrough agreement followed extensive talks with mining companies not previously involved in the Bank of Ghana’s Domestic Gold Purchase Programme. The companies include:
Golden Team Mining Company Limited
Akroma Gold Limited
Adamus Resources Limited
Cardinal Namdini Mining Limited
Goldstone Akrokeri Limited
Earl International Group (GH) Limited
Xtra Gold Mining Limited
Prestea Sankofa Gold Limited
Gan He Mining Resource Development Limited
The deal represents a significant step toward strengthening Ghana’s domestic gold reserves and insulating the economy from external shocks.
GoldBod, nine mining firms sign deal for 20% gold output
Minister of Health, Kwabena Mintah Akandoh observing personal hygiene
The Ministry of Health has marked the 2025 World Hand Hygiene Day with a national call to strengthen infection prevention and control (IPC) measures across the country’s healthcare facilities.
This year’s global theme, “It may be gloves, it is always hand hygiene,” served as a strong reminder of the irreplaceable role of hand hygiene in protecting patients and health workers alike.
The commemorative event, held in Accra on May 5, 2025, brought together stakeholders from the Ministry of Health, Ghana Health Service, WHO Ghana, health training institutions, development partners, and civil society organizations.
The Minister of Health Kwabena Mintah Akandoh emphasized the critical role hand hygiene plays in Ghana’s broader healthcare quality and universal health coverage agenda.
“While gloves are indispensable in clinical care, they are never a substitute for proper hand hygiene,” the Minister stated.
“Clean hands remain the bedrock of infection prevention and control. It’s a low-cost, yet powerful intervention that saves lives and protects everyone.”
The minister outlined several national initiatives under the National IPC Strategy, aligned with the WHO’s Global Action Plan (2024–2030). These include:
Establishment of a National IPC Committee,
Appointment of a national IPC focal person,
Integration of hand hygiene indicators into the District Health Information Management System (DHIMS2),
A bold target to ensure routine hand hygiene monitoring in all regional and teaching hospitals by 2026.
While acknowledging progress, the minister also noted persistent challenges such as inadequate infrastructure, glove misuse, medical waste, and inconsistent supply chains.
“Every one of us has a role to play. Let us empower patients to ask, ‘Have you washed your hands?’ and let us, as health leaders, always lead by example,” he said.
Delivering a message on behalf of the WHO Country Representative, Dr Sally-Anne Ohene, reinforced the importance of proper glove use alongside routine hand hygiene practices.
“Gloves should never replace hand hygiene,” Dr. Ohene said. “Excessive glove use not only increases healthcare waste but also undermines effective infection control.”
She cited alarming statistics, noting that approximately 70% of healthcare workers do not consistently practice hand hygiene, and surgical site infections remain high in low- and middle-income countries, averaging 11.8%, compared to 1.2–5.2% in developed nations.
“The WHO’s ‘My 5 Moments for Hand Hygiene’ must be adopted universally by healthcare workers. These are life-saving actions, every day of the year,” she stressed.
AM/GA
#TheAdutwumFactor! Watch as Yaw Osei Adutwum declares intent to contest NPP flagbearership for 2028
Christopher Boadi-Mensah, CEO of National Pensions Regulatory Authority (NPRA)
The Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Christopher Boadi-Mensah, has called for a strategic rethinking of the country’s pension investment approach, urging greater adoption of alternative investments to diversify risk and spur national development.
Speaking at the 5th edition of The Money Summit in Accra, Mr. Boadi-Mensah said the growing value of pension assets – which now exceed GH¢90billion (approximately US$6billion) – can be deployed prudently but innovatively to ensure long-term security for retirees and stimulate economic transformation.
“Our primary obligation is to protect these savings, grow them prudently and ensure their availability in retirement,” the NPRA CEO stated.
“But the traditional investment landscape, largely dominated by government securities, is nearing its limits.”
He argued that while government instruments are safe, they often yield limited real returns – especially amid inflationary pressures and economic uncertainty.
This, he said, necessitates a pivot toward alternative investments – a category that includes infrastructure, real estate, venture capital, green financing and social impact instruments.
“These asset classes offer an opportunity to diversify pension portfolios, manage long-term risks and align investments with Ghana’s national development priorities,” he added.
The case for alternative investments
According to Mr. Boadi-Mensah, alternative investments can unlock transformative benefits for the economy. These benefits, he explained, include long-term infrastructure financing: “Pension funds are by nature long-term. They are ideal for financing infrastructure – roads, renewable energy, rail and housing,” he said.
Similarly, they could be conducive to domestic economic growth: by investing in venture capital and private equity, pension funds could fuel the growth of local businesses – especially in tech, agribusiness and manufacturing.
Another area is risk diversification: “Overexposure to one asset class – especially government securities – increases systemic risk. Alternatives offer a counterbalance,” he added.
He further urged stakeholders to embrace environmental, social and governance (ESG) investing, saying: “Ghana must be part of the global movement financing green and socially responsible growth”.
Collective action
To make this shift viable, the NPRA is revising its investment guidelines and regulatory framework to open space for high-quality alternative assets – without compromising on safety or transparency.
“We are creating a regulatory environment defined by sound risk management and ethical investment practices,” the NPRA boss affirmed. “Access to pension funds must be governed with prudence and discipline.”
Leveraging Technology for Transparency
Mr. Boadi-Mensah also highlighted NPRA’s ongoing digital transformation, noting that technology and data analytics are central to building a modern, inclusive pension system.
Key initiatives include:
The Pensions Digital Ecosystem (PDE) — a seamless digital infrastructure integrating Ghana Card IDs, mobile money and contribution tracking.
A dedicated informal sector payment platform — designed to enable flexible contributions and real-time account updates for informal workers.
Risk-Based Supervision (RBS) — a new regulatory approach focused on proactive, data-driven oversight to ensure market stability.
“With these tools, we can forecast retirement needs with greater accuracy and design resilient, forward-looking policies,” he explained.
Rising to the challenge
Mr. Boadi-Mensah closed his address with a rallying call: “The question before us is not whether we can achieve sustainable retirement income and economic growth. It is whether we can summon the leadership, innovation and discipline required to do so”.
He reaffirmed NPRA’s commitment to building a “resilient, inclusive and future-ready pension system that delivers not just for today but also generations to come.”
The Money Summit is an annual event by the Business and Financial Times (B&FT) that convenes key players in the finance and investment sectors. It was themed ‘Optimising investment and pensions management: Strategies for sustainable retirement income and economic growth’.
Gospel music legend Yaw Sarpong delivered an emotional performance with his Asomafo Band over the weekend, marking his triumphant return to the stage after a prolonged battle with stroke. The uplifting moment at Kumasi’s Unity Hall brought fans to tears as the 68-year-old musician showed remarkable progress in his recovery journey.
According To Yen, Clad in his signature white attire, Sarpong performed several of his classic hits with the support of his longtime bandmates. Though moving slightly slower than in his prime, the veteran artist displayed improved mobility and vocal strength as he led the crowd in worship. “This is God’s miracle,” Sarpong told the audience between songs. “When doctors said I might never perform again, I held onto faith.”
The concert served as both a musical revival and public health inspiration. Stroke survivors and caregivers formed a special section in the audience, many visibly moved by Sarpong’s determination. Medical professionals had warned the musician faced permanent disability after his 2021 stroke left him partially paralyzed.
Asomafo Band manager Kwame Ansong revealed the extent of Sarpong’s rehabilitation: “For two years, we watched him relearn basic movements between therapy sessions. Today’s performance proves what perseverance can achieve.” Health experts at Komfo Anokye Teaching Hospital confirmed the artist’s progress exemplifies exceptional post-stroke recovery.
Fellow gospel star Cecilia Marfo, who attended the concert, described the moment as historic: “Yaw Sarpong isn’t just singing again – he’s giving hope to thousands facing similar health battles.”
The event concluded with Sarpong performing his classic “Meye Dwuma” to a standing ovation. As fans surrounded the stage in celebration, the moment crystallized as both a musical comeback and testament to human resilience. With plans for limited performances announced, Ghana’s gospel community welcomes back one of its most enduring voices.
Alexander Afenyo-Markin, the minority leader has broken his silence following a video surfacing of him punching a police officer at the Save the Judiciary demonstration by the NPP and other political parties.
In the viral video, Afenyo Markin and some other protestors were captured trying to break through a police barricade when the minority leader hit the police and called him a fool for preventing them from breaking through the barricade.
Rihanna is expecting her third child with partner A$AP Rocky.
The singer subtly revealed her baby bump while leaving the Carlyle Hotel for the 2025 Met Gala, where Rocky served as co-chair.
The couple, who began dating in 2020, are already parents to two sons: RZA and Riot Rose. Rihanna’s second pregnancy was famously revealed during her 2023 Super Bowl performance.
Known for keeping her private life low-key, Rihanna previously shared her hopes of expanding her family—and now baby number three is officially on the way.
The Minister of Education, Haruna Iddrisu, has warned that he may be forced to revoke the power to purchase food supplies for senior high schools from the hands of the management of schools if the quality of food and the supply schedule do not improve.
He said even though he had implemented the NDC’s manifesto promise to put senior high school heads in charge of food purchase arrangements, the quality of foods being supplied by some heads of second cycle schools, as well as the supply schedule of those foodstuffs, was not encouraging.
Mr Iddrisu said this at the inauguration of the Governing Council of the GES in Accra last Friday.
Mr Iddrisu said he and the President’s attention had been drawn to the quality of the supplies by the heads of schools and their distribution.
He stated that the President was not enthused about what was being done.
“I expect that internal audit together with national will strengthen the policing of the food and once in a while, the Director General of the GES and Professor Avoke can go on unannounced visits to the schools at a time that they are having their meals to appreciate the food that is being served.
“So I caution the headmasters to improve on the food,” Mr Iddrisu stated.
The 12-member council has Prof. Mawutor Avoke as the Chairman with the members being a representative each from WAEC, Dr Rosemond Wilson; the National Schools Inspectorate Authority, Prof. Azeko Tahiru Salifu; the National Teaching Council, Adam Adu Marshall; the National Council for Curriculum and Assessment, Prof. Yayra Dzakadzie, and a representative of the teacher associations, Right Reverend Paa Solomon Grant-Essilfie.
The rest are representatives of the MOE, Mamle D. Andrews; the Local Government Service Council, Felicia Dapaah Agyeman-Boakye; Non-Teaching Staff of GES, Adamu Bintu Fati, a female educationist, Florence Bobi, and the Director General of the GES, Prof. Ernest Kofi Davis.
The minister administered the oaths of office and secrecy to them.
WAEC Calendar
Mr Iddrisu during the inauguration called on the West African Examination Council (WAEC) to let its calendar be in sync with the other West African countries of WAEC.
Congratulating the governing council on behalf of the President, the Education Minister said the government’s intention to invest in the foundations of education in the country right from infrastructure to teacher development, to ensure that every Ghanaian child, regardless of background, gained access to quality basic education.
Response
Responding to the minister’s concerns, Prof. Avoke pledged that the council would work together to ensure that the food situation in the schools got better, even though they had been made to understand that significant strides had been made in that direction.
He pledged, among others, the new council’s preparedness to work towards achieving the objectives of the free compulsory educational policy, adding that it was incumbent on the new council to ensure the policy was implemented in its totality.
Minister for Youth Development and Empowerment, George Opare-Addo, has assured Ghanaians that President John Dramani Mahama is committed to delivering on his promises and restoring the country’s fortunes.
Speaking on Channel One TV’s The Point of View with Bernard Avle, the Minister acknowledged the current challenges facing the country but expressed confidence in the government’s ability to turn things around.
“We’re in a very difficult place as a country. But I want to assure that President Mahama is a promise keeper. We will fix the mess, we will reset Ghana, and together we will build the Ghana we want,” he assured.
He urged the youth to take advantage of new government initiatives aimed at empowering them, emphasizing that although the journey ahead may be tough, the administration will continue to support them.
“We’re launching a lot of programmes they [youth] must take advantage of most of the programmes we’re rolling out. It’s going to be tough, it’s a difficult journey, but the government of H.E President Mahama will stand by them throughout this journey,” he stated.
Declare assets by May 7 or I’ll sack you – Mahama to appointees
…..
Explore the world of impactful news with CitiNewsroom on WhatsApp!
Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https://whatsapp.com/channel/0029VaCYzPRAYlUPudDDe53x
No spam, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital
Three journalists have been honoured by the German Embassy and the UK High Commission for their outstanding investigative reports on illegal mining, locally known as galamsey, and its devastating environmental impact.
The awards, presented as part of activities marking World Press Freedom Day, held on May 3, recognised the crucial role of the media in holding power to account for and expose the harmful effects of unregulated mining in Ghana.
UK High Commissioner to Ghana, H.E. Harriet Thompson, praised the awardees and underscored the essential contribution of journalism in the fight against environmental degradation.
“To ensure this can happen, their protection from harassment and intimidation is paramount,” she said.
German Ambassador to Ghana, H.E. Daniel Krull, also emphasised the global stakes of responsible mining during an interview with Citi News.
He called for a more sustainable and environmentally conscious approach to mineral extraction.
He also highlighted the illegal trade of galamsey gold as a pressing issue that must be tackled collectively.
The award jury, chaired by Emmanuel K. Dogbevi, Managing Editor of Ghana Business News, commended the journalists for their courage and initiative.
However, he noted the need for improvement in the depth and quality of investigative journalism.
“We’re still a long way off in terms of the quality and depth of work,” he added. He lamented that most of the stories submitted “barely scratched the surface of the subject matter of illegal mining,” he said.
Dogbevi emphasised the importance of storytelling, stating, “It’s not enough to courageously gather evidence or data from the field. Journalists ought to put in the work to craft a compelling story.’
The three journalists honoured were:
Best News Report – Timothy Ngnenbe, Daily Graphic
Best Long Form Written Report – Seth J. Bokpe and Edmund Agyemang Boateng, The Fourth Estate
Best Long Form Broadcast – Clara Mlano, Ghana Broadcasting Corporation
The Ghana Police Service has written to Speaker of Parliament Alban Bagbin to request the release of minority leader Alexander Afenyo Markin.
In a formal request, the Police Service wrote to the Speaker to release the minority leader to help in the investigation.
This comes following an ongoing investigation following a viral video allegedly showing the minority leader punching a police officer during the ‘Save the Judiciary demonstration.’
A Customs Officer of the Ghana Revenue Authority (GRA) and president of the Ghana Taekwondo Federation (GTF), Mr Frederick Lartey Otu, continues to make waves on the sporting scene with his competence and leadership style.
Last week, he chalked two major feats that would go a long way to project him as an administrative force in Africa, the Commonwealth and world taekwondo as well as a sports icon back home.
On Thursday, April 24, Mr Otu was re-elected as a Council Member of the African Taekwondo Union (AFTU) at its General Assembly at the United Nations Headquarters in Addis Ababa, Ethiopia.
Frederick Lartey Otu
The Chief Revenue Officer had 31 votes, representing 91.18 per cent of the votes cast to join five other members on the Council.
They were Rafael Eneme Enga Obono from Equatorial Guinea, Henri Randariamandrato from Madagascar, Benallaoua Yazid from Algeria, Fardouza Moussa Eguah from Djibouti and Benson Mutongi Zwizwai from Zimbabwe.
It was his third term on the council, having served previous terms from 2017-2021, 2021-2025 and now 2025-2029.
Mr Ide Issaka from Niger was victorious with the AFTU presidency and would work with three vice presidents including Dr Jonathan Nnaji from Nigeria, Mr El Gairaa Mohamed Mouloud from Morocco and Mr Dawit Asfaw from Ethiopia.
Dr Alioune Badara Traore from Mali was elected as the Auditor with Senegalese official, Mr Balla Dieye, re-appointed as Secretary General of AfTU.
Exactly two days later in his native Ghana, Mr Otu got elected unopposed to the high office of Second Vice President of the Ghana Olympic Committee (GOC) at its Elective Congress held at the Accra International Conference Centre (AICC).
The GTF president had previously served as a Treasurer on the GOC board, a period he believed he served well to the best of his ability.
In an exclusive interview with The Times Sports, Mr Lartey Otu gave an insight into his career as a sports administrator with the GTF and spiraling to the high roles of the GOC board and continental taekwondo bodies.
According to him, the latest wins were a result of hard work, commitment and dedication to his work and was full of gratitude to his employers – the GRA, for the support he has enjoyed.
Before retaining the Council Member position on the AFTU board, Mr Otu served in various capacities and was able to impact the lives of the people he came across and worked with.
He served as the Chairman of the Development Committee of AFTU which has 53 countries affiliated to it during his second term as Council member.
At the level of World Taekwondo, the GTF president’s name rings a bell on the corridors of power.
He is a World Taekwondo 1st class International Referee and a certified Technical Delegate.
He has officiated several tournaments since he became an International Technical Official in 1999 after attending and passing the 39th International Taekwondo Referee Seminar in Johannesburg, South Africa.
Again, Mr Lartey Otu was elected Council Member of the Commonwealth Taekwondo Union (CTU) at the 2024 General Assembly of the CTU in Chuncheon, Republic of Korea on October 1, 2024.
On the local scene, he has paid his dues and continues to work in various capacities in the development and promotion of Ghana sports.
In 2017, he joined the GOC board as a Treasurer, following a successful election at the General Assembly of the Ghana Olympic Committee.
After a fruitful first tenure, he was re-elected but to a new position of 2nd Vice President in 2021.
He served as the Technical Director for the Ghana Taekwondo Federation for seven years and rose to serve a second term as the President.
In this position, he has worked zealously to make taekwondo a sport of choice for the Ghanaian youth due to its values and principles of discipline and self defence.
The reticent gentleman has consistently attributed his success in the sports industry to humility, discipline and hard work.
He is the highest ranked Ghanaian Taekwondo black belt holder in Ghana, boasting of titles as Grandmaster and a holder of a 7th Dan Taekwondo black belt. He is also a proud member of the World Taekwondo Development Committee.
Below are excerpts of the interview with the Ghana Taekwondo Federation and GOC 2nd Vice President.
Times Sports (TS): Congratulations Mr Frederick Lartey Otu, two victories in two major elections within a week, how did you manage this?
Frederick Lartey Otu: This is amazing, I give thanks to God for this. I believe this is a reward for the years of hard work. It has not been easy performing in these diverse roles but I believe that when you show commitment, delegates would know and that is what exactly happened. I thank the delegates at the GOC and AFTU as well.
TS: Having served the GOC in different capacities, what new thing do you bring to the table in this new role as 2nd Vice President?
Lartey Otu: With my years of experience on the GOC board, I’ve gained a deep understanding of both the challenges and opportunities within our sports ecosystem. In this new role, I bring a renewed focus on strategic collaboration, athlete-centred policies, and stronger ties between federations. My aim is to push for more impactful programmes that would not only benefit elite athletes but also grassroots development across all sports.
TS: In your previous GOC election, you won handsomely by getting the highest vote. This time, you went unopposed. What do you think is making you enjoy that goodwill from members?
Lartey Otu: I believe it stems from consistency, transparency, and a clear commitment to progress. People respond to leaders who listen, deliver on promises, and prioritise the collective good. I’ve always made it a point to remain accessible and results-driven, and that trust seems to have translated into continued support.
TS: Three days before today, you also retained your seat as a Council Member of the Africa Taekwondo Union at its General Assembly in Ethiopia. How does that make you feel?
Lartey Otu: It’s a huge honour and responsibility. Being retained shows that the work we’ve been doing is being recognised and appreciated. It motivates me to continue advocating West African representation, development funding, and opportunities for young athletes, coaches, referees and administrators. I’m deeply committed to raising the profile of Taekwondo not only in Ghana but across the continent of Africa.
TS: What impact should Ghanaians expect to see or have on the development and promotion of Taekwondo in Ghana?
Lartey Otu: We’re entering a new phase of growth. Ghanaians should expect to see greater visibility of taekwondo through community outreach, increased participation among youth, especially girls, and improved competitive standards. We’ll also be focusing on coach development, referee training, and international exposure for our athletes.
TS: In your new role on the GOC board, how hard are you going to push issues about taekwondo?
Lartey Otu: Very hard—but always within the broader interest of sports development. While I represent taekwondo, I understand the importance of collaboration. That said, I’ll continue to ensure that taekwondo gets its fair share of support, visibility, and resources. The sport has tremendous potential, and it’s time to tap into that fully.
TS: The new GOC president has been vocal about initiatives like women empowerment, giving athletes a voice at Congress and on the executive, as well as the introduction of an ADR system in sports. Do you support all of these?
Lartey Otu: Absolutely. These are timely and necessary reforms. Women empowerment and athlete inclusion are no longer optional— they’re essential to the progress of any sport. I also strongly support the introduction of an Alternative Dispute Resolution system. It promotes fairness, professionalism, and a healthier sports environment.
TS: Mr Lartey Otu, how long have you been practicing taekwondo as an athlete and an administrator?
Lartey Otu: I hold a 7th Dan Taekwondo black belt. In all, I have been in taekwondo for over 40 years and with the help of God, I hope to stay longer to support it development even in other capacities.
Kwaku Dawuro presents the morning political show on Movement TV
Kwaku Dawuro presents The Morning Political Show on the Wontumi morning show.
Seated with his guests, they discussed some of the most topical political subjects of the week.
Together with his guests, they provided in-depth analysis of political stories making headlines today.
With its blend of expert analysis and engaging discussions, the programme, hosted in the widely spoken local dialect, Twi, brings together well-experienced guests and professionals to share their perspectives on the nation’s most pertinent political and social matters.
Minority Leader of Parliament, Alexander Afenyo-Markin (M)
Minority Leader of Parliament, Alexander Afenyo-Markin, has clarified the circumstances surrounding a recent incident at Jubilee House during the “Save the Judiciary” demonstration, involving him and a police officer.
In a viral video from the event, Afenyo-Markin was seen knocking a police officer. However, he has refuted claims that he acted aggressively without cause, asserting that the public narrative surrounding the incident is inaccurate.
According to him, the confrontation was provoked by the police officer, who struck him while he attempted to join his colleagues at Parliament House.
In an official statement detailing the events on May 5, 2025, he condemned the officer’s conduct, writing, “I write to strongly condemn the reprehensible and disgraceful act of violence perpetrated against me by a uniformed police officer, Constable Forson, at the entrance of Parliament House during today’s peaceful and highly successful ‘Save the Judiciary’ demonstration.
“As the leader of the demonstration, I led protesters, alongside the leadership of other political parties, to Parliament, one of the designated stops, to formally present our petition. Copies had earlier been delivered to the Supreme Court, and from Parliament, we were set to proceed to Jubilee House.
“Upon arrival, the National Organiser and other party leaders had already been granted access. The Deputy Minority Leader, Hon. Patricia Appiagyei, and I were then invited by the party’s Communications Director, Mr. Richard Ahiagbah, to join them.
“As I approached the barricade, without any provocation, Constable Forson, a tall, fair, heavily built officer stationed behind the barricade, deliberately struck the left side of my chest with the full force of his right palm, directly near my heart.”
The Effutu MP further explained the physical impact of the officer’s strike, “The impact dazed me, and I was visibly shaken and short of breath. In that moment, I spontaneously protested his conduct, asking why he would seek to harm me.
“The Inspector facilitating my access, along with other officers, quickly intervened and assisted me into the restricted area, where I had to lean against the wall at the entrance of Parliament House to prevent myself from collapsing.
“A national service personnel member from Parliament, whom I know, approached and offered me water. Two CID officers from Parliament also checked on me and assisted me to a nearby security rest room, where I lay down on a bench to stabilize.”
He announced that he has filed an official complaint against the officer, “Accordingly, I am formally filing a petition to the Inspector-General of Police to demand a full investigation into the conduct of Constable Forson. Several senior police officers witnessed the appalling conduct firsthand and can corroborate the events.
“I have always respected and worked cordially with the Ghana Police Service and hold our law enforcement institutions in the highest regard.
“This incident is a disgrace to the standards and professionalism expected of those tasked with protecting citizens, and it must be treated with the contempt it deserves.”
RE: INCIDENT AT PARLIAMENT HOUSE FOLLOWING THE “SAVE THE JUDICIARY” DEMONSTRATION pic.twitter.com/0ecHNHAPJI
— Osahen Alexander Kwamena Afenyo-Markin (@AfenyoMarkin) May 5, 2025
AM/KA
#TheAdutwumFactor! Watch as Yaw Osei Adutwum declares intent to contest NPP flagbearership for 2028
Patrick Yaw Boamah, Member of Parliament for Okaikwei Central
The Member of Parliament for Okaikwei Central, Patrick Yaw Boamah, has urged the government to sustain the recent gains in the cedi’s performance against the US dollar, warning that the current stability may be temporary unless decisive action is taken to restore investor confidence and strengthen Ghana’s financial markets.”
The Ghana cedi, which has historically been volatile, has shown relative stability since December 2024, appreciating by 2.76 percent against the dollar as of April 2025, according to data from the Bank of Ghana and some commercial banks.
Speaking to Joy Business on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., Patrick Boamah said: “It’s about confidence. The trust that economic managers instill in the financial markets and investor community influences projections about the cedi’s performance.”
Ghana recently reached a staff-level agreement with the International Monetary Fund (IMF), paving the way for the release of a US$370 million fifth tranche under the US$3billion bailout programme.
Boamah noted that the injection of funds would help bolster reserves and send positive signals to the business community.
However, he cautioned that outstanding government arrears, estimated at GH¢18 billion, could pose a threat to the cedi’s gains.
“We must assess the net effect on the currency if the government begins to clear these arrears. The impact of such a large cash release on currency depreciation must not be overlooked,” he stated.
Boamah also raised questions about the source of the cedi’s recent appreciation, suggesting a need to determine whether it’s due to sustainable policy measures or temporary interventions by the Bank of Ghana or Finance Ministry.
He further noted that the current trade tensions and tariff issues may be easing demand for foreign exchange, which in turn has helped stabilize the currency.
“If importers are not sourcing large volumes of dollars, pressure on the cedi reduces. But once these issues are resolved and arrears are paid, we’ll be in a better position to evaluate the true state of the economy.”
On macroeconomic indicators, Boamah referenced recent assessments from the World Bank confirming a 5.7 percent GDP growth rate for 2024 and a debt-to-GDP ratio of 61.8 percent. However, revised projections for 2025 show expected growth dipping to 3.9 percent, down from the 4.47 percent initially forecast in the budget.
“These revisions reflect the complex challenges we face, domestic arrears, global uncertainties, and local policy constraints. The cedi’s stability is welcome, but we must view it as a temporary relief unless deeper structural issues are addressed,” he noted.
Well-known Ghanaian media personality Akua Agyeiwaa Kodie announced her departure from Despite Media via a heartfelt Facebook post, expressing deep gratitude to everyone who has been part of her journey with the organization.
She wrote:
“Sometimes, growth means leaving the familiar behind. I am truly grateful to everyone who has walked this media journey with me. To all my listeners and supporters at Despite Media, thank you from the bottom of my heart. A new adventure awaits.”
Renowned for her professionalism and passion, Akua Agyeiwaa Kodie has earned respect in the journalism field. While she hasn’t disclosed her next move, her message signals a readiness for change and new opportunities. Her resignation has been met with support and well-wishes from her audience and colleagues.
Her exit comes just days after another veteran broadcaster, Akosua Ago Aboagye, resigned on February 25, 2025, after 20 years at the company. Aboagye shared:
“Let’s take a moment to thank Despite Media for two decades of guidance, opportunities, and support. With mixed emotions, I submit my resignation.”
The departures of two prominent journalists have sparked discussions about potential changes within Despite Media. Fans and colleagues are now eagerly awaiting Akua Agyeiwaa Kodie’s next professional steps.
Foreign Affairs Minister Samuel Okudzeto Ablakwa has said the Code of Conduct for government appointees launched by President John Dramani Mahama will defeat the state capture menace.
He states that the Code of Conduct gives further impetus to his Private Member’s Bill currently in Parliament, seeking to ban politically exposed persons from purchasing state assets
President John Dramani Mahama has announced that the newly established Accelerated Export Development Committee (AEDC) is expected to drive Ghana’s non-traditional export earnings from the current $3.5 billion to an ambitious $10 billion annually by 2030.
The 18-member presidential committee, inaugurated as part of a broader strategy to expand Ghana’s foreign exchange inflows and stimulate long-term economic growth, will play a critical role in coordinating the country’s export development efforts.
Speaking at the inauguration ceremony on Monday, May 5, 2025 President Mahama underscored the committee’s pivotal mandate.
“The AEDC has been established to serve as a high-level platform for strategic coordination, policy coherence, and institutional accountability in our export development efforts. Our strategy is ambitious but deliberate,” he said.
He added that under the Accelerated Export Development Programme, the Advisory Committee, and the National Export Development Strategy, Ghana aims to grow its non-traditional exports significantly by prioritizing value addition and economic diversification.
“Ghana’s current exports remain dominated by low-complexity raw materials such as gold, cocoa, cashew, and timber, mostly in their raw state. We must change this narrative,” President Mahama noted.
In addition to boosting export earnings, the President reiterated the government’s commitment to modernising the country’s ports to enhance trade efficiency.
“Ghana’s exporters face some of the highest logistics costs in West Africa, and our export clearance times exceed regional averages. We will therefore modernize our ports, revamp the Volta Lake Transport Company, develop the Mpakadan Port, operationalize the Bankra Inland Port, and expand the cold chain infrastructure to support our fisheries and horticultural sectors,” he said.
These interventions, President Mahama stressed, are crucial for improving transportation, reducing spoilage, and enhancing competitiveness, particularly for producers based in the hinterlands.
The vehicles were presented to Chief of Staff Julius Debrah by Government Spokesperson Felix Kwakye Ofosu, who explained that under the new code, public officials are expected to relinquish gifts received in the course of duty
President John Dramani Mahama has handed over two vehicles gifted to him to the state, in a symbolic gesture aimed at reinforcing transparency and accountability in public office.
For a currency known for its volatility, the Ghana cedi is quietly staging a comeback. Against the odds — and the dollar — the cedi has been holding its ground, even flexing some strength in a climate where any sign of economic stability is headline-worthy.
But beneath the applause and the numbers lies a bigger question: is this a true turning point or just a temporary calm stirred by strategic interventions?
Since December 2024, the local currency has recorded one of its longest stretches of stability in recent years. On some days, it’s even appreciated against the US dollar — a move that seemed far-fetched just months ago. As of May 5, 2025, most commercial banks were quoting the dollar at GH¢13.98, with forex bureaus selling slightly higher at around GH¢14.40.
According to the Bank of Ghana, the cedi appreciated by 2.76% against the dollar between January and April 2025.
Analysts say this rare show of resilience isn’t a fluke. It’s being driven by deliberate monetary policies, including the Bank of Ghana’s active liquidity support, and the central bank’s Gold Purchase Programme, which has bolstered market confidence and helped curb speculation.
The International Monetary Fund (IMF) has also credited Ghana for a stronger-than-expected reserve buildup. According to the Bank of Ghana’s Economic and Financial Data, gross international reserves reached $9.3 billion at the end of February 2025, surpassing targets set under the IMF’s Extended Credit Facility (ECF).
The IMF’s recent Staff Level Agreement with Ghana has further shored up investor confidence, reinforcing the perception that the economy is finally finding its rhythm.
Even global observers have taken notice.
The World Bank’s April 2025 Africa’s Pulse report noted that the cedi had depreciated by just 4% in the first four months of the year — a solid performance considering past years.
Meanwhile, Forbes ranked the cedi as Africa’s seventh strongest currency by the end of Q1 2025.
On paper, the signs are encouraging. Inflation is slowing, with March 2025 recording a year-on-year rate of 22.4%, down from much higher levels in 2023 and early 2024.
But for many Ghanaians, the bigger question is whether this newfound stability is easing the pressure in their daily lives.
Market prices remain elevated, transport fares are still high, and small businesses continue to grapple with tight profit margins.
Looking ahead, the government is banking on the establishment of the Goldbod; a planned national gold-backed initiative aimed at further strengthening the cedi. The idea is to leverage Ghana’s gold resources to reduce reliance on foreign exchange and enhance reserve buffers.
Meanwhile, the new Governor of the Bank of Ghana, Dr. Johnson Asiama is optimistic. In his first major remarks, he opines that the cedi is an endogenous variable. We must allow it to float but the days of excessive volatility are over.
It’s a bold assertion, one that signals confidence in the policy mix currently in play. But it also comes with a challenge: to ensure that this macroeconomic calm translates into microeconomic comfort.
For now, Ghana’s cedi is riding an unexpected wave of stability. But whether that wave brings lasting economic relief or eventually crashes under pressure – will depend on consistency in policy, fiscal discipline, and how well the ripple effects reach the everyday Ghanaian.
After all, stability on paper must translate into predictability at the market, affordability at the pump, and confidence in the future.
–
This article was written by Emmanuel Oppong, Business Journalist at Citi FM and Channel One TV
Defence Minister Edward Omane Boamah has assured members of the Minority who participated in a demonstration calling for the reinstatement of suspended Chief Justice Gertrude Torkonoo that President John Dramani Mahama remains committed to upholding the rule of law and is not driven by vindictiveness.
In a Facebook post dated May 6, 2025, Dr. Omane Boamah sought to allay concerns raised by the demonstrators, reiterating that President Mahama will not act out of spite but will instead respect the findings and recommendations of the committee tasked with investigating the petition against the Chief Justice.
The Springboard Road Show Foundation has unveiled the Springboard Channel, a brand-new YouTube platform designed to bring powerful, youth-focused content straight to your phone, tablet, or laptop.
Launched officially on May 1st, the Springboard Channel will serve as the go-to place for inspiring videos that educate, empower and equip young people across Ghana and beyond. Whether you’re a student, job seeker, young entrepreneur, or simply hungry for growth, this channel is made with you in mind.
From popular shows like Springboard, Your Virtual University, Ghana Grows Edwuma, Hangout with Comfort Ocran, to live events and practical career content, everything is now just a click away.
“We are building a digital home where young people can grow,” said Comfort Ocran, Executive Director of the Foundation. “With the Springboard Channel, we’re putting inspiring content into the hands of the next generation, anytime, anywhere.”
With a strong focus on career development, entrepreneurship, innovation and leadership, this YouTube channel brings together the best of Springboard’s past and present, all in one place.
“Springboard Channel is made for mobile. Springboard Channel is made for you. Springboard Channel is made for now,” she said in a statement.
“Follow the Springboard Channel on YouTube and subscribe to learn, lead and level up today,” she added.
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.
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.
play video5 of the 7 Supreme Court justice nominees of President John Dramani Mahama
Michael Okyere Baafi, the New Patriotic Party (NPP) Member of Parliament for New Juaben South in the Eastern Region, has alleged that the seven newly appointed Supreme Court judges awaiting approval are all card-bearing members of the National Democratic Congress (NDC).
According to the lawmaker, he has obtained insider details from the NDC caucus indicating that all seven judicial appointees were vetted at the NDC headquarters and were required to possess party membership cards before receiving their appointments.
Speaking in an interview on Movement TV on May 5, 2025, Baafi criticised President John Dramani Mahama and the ruling party, accusing them of undermining Ghana’s democracy.
“They were all vetted at the NDC headquarters. They were assessed to ensure they were card-bearing members before being appointed. A die-hard NDC supporter gave me the information and explained that without the party card, you cannot get the appointment.
“This is not how to defend democracy. Such actions can even deter investors from the country, as judicial rulings may unfairly favor the government over investors, which is detrimental to the economy. We are simply protecting our democracy. These appointees are not here to support democratic principles,” he alleged.
President John Dramani Mahama has nominated seven new Justices to join the Bench at the Supreme Court of Ghana, in accordance with Article 144(2) of the 1992 Constitution, which empowers the President to appoint justices to the highest court in the land.
The announcement was made in a letter dated April 29, 2025, signed by the Secretary to the President, Callistus Mahama.
The nominations are part of the President’s ongoing efforts to ensure the continued independence and efficiency of Ghana’s judiciary.
The nominated justices are expected to undergo a review by the Judicial Council, which will provide advice to the President before they are presented for vetting in Parliament. This process will ensure their suitability to serve on the bench of the country’s highest court.
The Judicial Council will review the nominations and provide advice to the President before they are vetted by Parliament.
Once confirmed, the new justices will take on key responsibilities in interpreting the Constitution and adjudicating cases that have significant legal and national implications.
See the list below
1. Justice Sir Dennis Dominic Adjei
2. Justice Gbiel Simon Suurbaareh
3. Justice Senyo Dzamefe
4. Justice Kweku Tawiah Ackaah-Boafo
5. Justice Philip Bright Mensah
6. Justice Janapare Bartels-Kodwo
7. Justice Hafisata Amaleboba
AM/KA
#TheAdutwumFactor! Watch as Yaw Osei Adutwum declares intent to contest NPP flagbearership for 2028
Stakeholders in Ghana’s extractive sector are raising concerns over the country’s diminishing appeal to investors in the upstream petroleum industry.
The alarm follows a five-year streak ending 2024 during which no new petroleum agreements have been signed.
Simultaneously, crude oil production has declined consistently, falling from a peak of 71.44 million barrels in 2019 to just 48.25 million barrels in 2024.
Dr. Steve Manteaw, Co-chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), attributes the declining investor interest to regulatory, operational, and market-related challenges that require urgent policy attention.
“Ghana is not an attractive investment destination and that is why we have not signed any new contract. Every now and then, we are at international arbitration against one IOC [International Oil Company] or the other. If you look at our fiscal regime we need to do something about it. If you do a cost benefit analysis of our roadshows, somebody owes us money.
“Because we know very well when ExxonMobil was exiting they said our block sizes are too small, data quality too poor….what have we done about it? And then we take money go around the world looking for investors, wasting the money. They won’t come. Let’s stay at home and fix the problems. There’s a reason we are not attracting. ENI made a discovery in Ghana before they made another discovery in Cote D’Ivoire. Now they are producing in Cote D’Ivoire, we are now developing,” he said at launch of the 2024 Annual Report by the Public Interest and Accountability Committee (PIAC).
play video5 of the 7 Supreme Court justice nominees of President John Dramani Mahama
Michael Okyere Baafi, the New Patriotic Party (NPP) Member of Parliament for New Juaben South in the Eastern Region, has alleged that the seven newly appointed Supreme Court judges awaiting approval are all card-bearing members of the National Democratic Congress (NDC).
According to the lawmaker, he has obtained insider details from the NDC caucus indicating that all seven judicial appointees were vetted at the NDC headquarters and were required to possess party membership cards before receiving their appointments.
Speaking in an interview on Movement TV on May 5, 2025, Baafi criticised President John Dramani Mahama and the ruling party, accusing them of undermining Ghana’s democracy.
“They were all vetted at the NDC headquarters. They were assessed to ensure they were card-bearing members before being appointed. A die-hard NDC supporter gave me the information and explained that without the party card, you cannot get the appointment.
“This is not how to defend democracy. Such actions can even deter investors from the country, as judicial rulings may unfairly favor the government over investors, which is detrimental to the economy. We are simply protecting our democracy. These appointees are not here to support democratic principles,” he alleged.
President John Dramani Mahama has nominated seven new Justices to join the Bench at the Supreme Court of Ghana, in accordance with Article 144(2) of the 1992 Constitution, which empowers the President to appoint justices to the highest court in the land.
The announcement was made in a letter dated April 29, 2025, signed by the Secretary to the President, Callistus Mahama.
The nominations are part of the President’s ongoing efforts to ensure the continued independence and efficiency of Ghana’s judiciary.
The nominated justices are expected to undergo a review by the Judicial Council, which will provide advice to the President before they are presented for vetting in Parliament. This process will ensure their suitability to serve on the bench of the country’s highest court.
The Judicial Council will review the nominations and provide advice to the President before they are vetted by Parliament.
Once confirmed, the new justices will take on key responsibilities in interpreting the Constitution and adjudicating cases that have significant legal and national implications.
See the list below
1. Justice Sir Dennis Dominic Adjei
2. Justice Gbiel Simon Suurbaareh
3. Justice Senyo Dzamefe
4. Justice Kweku Tawiah Ackaah-Boafo
5. Justice Philip Bright Mensah
6. Justice Janapare Bartels-Kodwo
7. Justice Hafisata Amaleboba
AM/KA
#TheAdutwumFactor! Watch as Yaw Osei Adutwum declares intent to contest NPP flagbearership for 2028
The Ghana Stock Exchange’s (GSE) equity market is poised to extend its bullish run through the second quarter of 2025 as lower Treasury bill (T-bill) yields, a stable macroeconomic environment, and improved corporate earnings – particularly from the banking sector – continue to spur investor confidence.
This is according to Databank Research’s latest Ghana Market Quarterly Report for Q1 2025, which projects sustained market momentum anchored by favourable monetary dynamics and solid sector-specific fundamentals.
“Ghana’s equity market is expected to continue its rally through Q2-2025, buoyed by the ongoing macroeconomic recovery, upbeat investor sentiment and improved corporate earnings,” Databank stated in its report.
GSE’s Composite Index (GSE-CI) – which reflects overall market performance – is projected to reach 6,850 points by the end of 2025, translating to a return of between 40 percent and 50 percent.
“The stock market rally is expected to continue through Q2 ’25 on account of favourable corporate earnings amid recovery in economic activity. Given these positive backdrops, we reiterate our expectation of the GSE-CI closing around 6,850 points by the end of 2025 – translating to 45%±500bps,” a portion of the report read.
At the heart of the rally is a notable decline in yields on short-term government securities, which is prompting a reallocation of capital from fixed income to equities. T-bill yields, which reached highs of over 30 percent in 2023 amid inflationary pressures, are now projected to average between 15 and 16.5 percent in the second quarter of 2025.
This shift analysts have attributed to improving macroeconomic stability and renewed confidence in government’s fiscal consolidation efforts.
In first quarter of the year, yields on money market instruments hit 3-year lows with the 91-day bill dropping by 12.33 percentage points (pps) to 15.71 percent . Similarly, the 182-day bill recorded an 11.95pps decline to 16.73 percent while the 364-day bill settled at 18.65 percent, an 11.23pps decrease.
T-bill investor interest declined last week, with total bids decreasing by 27 percent week-over-week to GH¢5.29billion. The Treasury accepted GH¢4.73billion, which fell short of both the GH¢6.09billion in maturing bills and GH¢6.32billion target – resulting in coverage ratios of 0.77x and 0.74x respectively.
Yields decreased across all tenors, with the 91-day bill dropping by 9 basis points to 15.23 percent, 182-day bill falling by 26 basis points to 15.77 percent and 364-day bill decreasing significantly by 142 basis points week-over-week to 16.96 percent.
“The expected decline in yields on GoG local currency instruments is underpinned by improving investor sentiment and macroeconomic fundamentals,” the report stated, citing gradual easing of monetary policy and anticipated inflows from the International Monetary Fund (IMF) as contributing factors.
The nation is expected to receive a US$370million disbursement from the IMF in the second quarter under the ongoing Extended Credit Facility (ECF) programme.
Meanwhile, the banking sector has emerged as a key driver of stock market gains – registering a 29 percent increase in Q1 2025, the sector’s strongest quarterly performance in seven years.
The rally has been fuelled by robust earnings reports, renewed dividend payouts following regulatory clearance and improving asset quality as banks adapt to post-DDEP (Domestic Debt Exchange Programme) realities.
“The banking sector’s strong performance is attributable to earnings strength, resumed dividend payments and improved investor confidence,” Databank noted. The reinstatement of dividend payments, in particular, has re-energised retail and institutional investor participation on the bourse.
During the first quarter of 2025 GSE’s Composite Index (GSE-CI) concluded at 6,217.90 points, increasing from 4,888.53 points at beginning of the year – which represents a 27.2 percent gain. In a parallel trend the Financial Stocks Index (GSE-FSI) advanced from 2,380.79 to 3,059.30 points, delivering a 28.5 percent return over the same period.
Nonetheless, concerns remain over the industry’s relatively high non-performing loan ratios and low capital adequacy ratio. The former is currently at 21.8 percent and the latter at 14 percent.
Databank also highlighted a set of equities poised to outperform in the near-term, driven by company-specific and sectoral tailwinds. These include energy firm Total, which is expected to benefit from increased industrial and mining activity; Unilever, on account of operational improvements and renewed market strategy; Bopp, supported by strong crude palm oil (CPO) prices and consistent dividend policy; and Guinness, riding on price increases and strategic repositioning.
Guinness’s performance, in particular, reflects a broader trend of resilience among consumer-facing companies navigating currency depreciation and cost pressures.
“GGBL’s impressive 9M-2024 results, powered by price increases, indicate the earnings momentum will be sustained in 2025,” the report said.
The broader macroeconomic environment is also expected to remain supportive of equity market gains. Real Gross Domestic Growth (GDP) growth for Q1 2025 is estimated at 4.2 percent, up from 3.6 percent in the previous quarter with the second quarter forecasted to grow between 4.6 percent and 6.6 percent.
The services and industry sectors are projected to lead this expansion, despite some seasonal moderation in agriculture.
Monetary policy is expected to hold steady in the near-term, with the Bank of Ghana likely to maintain the policy rate at 28 percent barring any sharp inflationary surprises. The cedi is also expected to remain relatively stable, trading within a narrow band of between GH¢16 and GH¢16.2 to a U.S. dollar – supported by BoG interventions and the Gold for Reserves and Gold for Oil programmes.
“While market outlook is positive, the pace of yield compression may be tempered by still-elevated Open Market Operations (OMO) rates and the persistence of negative real returns,” the report cautioned. This highlights the need for continued policy discipline and structural reforms to maintain investor interest.
Global factors could also introduce volatility. Uncertainty stemming from geopolitical tensions, commodity price fluctuations and the evolving interest rate stance of major central bank – particularly the U.S. Federal Reserve – could influence market sentiment in emerging economies like Ghana.
Nonetheless, Databank remains confident in GSE’s performance trajectory for 2025. “We expect the market to continue its rally through Q2-2025 as the current macro backdrop, supported by fiscal consolidation and international financial assistance, remains broadly conducive to risk asset performance,” the report added.
Defender Tariq Lamptey returned to action for Brighton & Hove Albion for the first time since February, having fully recovered from the injury that ruled him out of Ghana’s last international assignment in March.
The Brighton right-back missed the World Cup qualifiers against Chad and Madagascar due to injury and had been sidelined since the FA Cup game against Newcastle United in February.
However, he made his comeback in the Premier League clash against the Magpies at the London Stadium on Sunday. Lamptey replaced Mats Wieffer nine minutes into the second half, as Brighton shared the spoils with Newcastle United.
Gambian forward Yankuba Minteh opened the scoring for Brighton in the first half, before a late penalty from Alexander Isak salvaged a point for the visitors.
Meanwhile, Lamptey will be hoping to finish the campaign strongly, as his contract with the Seagulls nears its expiration.
The Ajax target will become a free agent at the end of June if Brighton fail to offer him a new deal.
Everything Mc Yaa Yeboah Said About Shatta Wale On United Showbiz: Wow This Lady
News Hub Creator15h
Ghana is one of the popular countries in west africa and africa as a whole. We have a very big entertainmnet space which cut across all sectors of entertainment such as music, movies, arts just to mention a few.
Our television, radio and media space have a lot of entertainment personnel and pundits. Some of them are very popular, because they work as PRO’s for artists in Ghana Entertainmnet Industry industry. Some of these popular pundits includes, Arnlod Asamoah, Mr Zigah, Ola Micheal, Mc Yaa Yeboah just to mention a few.
Mc Yaa Yeboah is one of the pundits that has been very active in our entertainment space and has also been very vocal on her support for stonebwoy. On the last edition of United Showbiz an entertainment program on UTV. He cited that Shatta Wale whose real name is Charles Nii Armah Mensah, one of the popular musicians in Ghana acts in a way that is very nonsense and make no sense.
Charles Nii Armah Mensah popular known as shatta wale.
She continue to elaborate that the other pundits have been engaging him and making him feel very important, thats why Shatta Wale keeps acting that way. She made this comments when is was her turn to share her opinion on the apology render to Mr Asiamah popular known as BullGod, by shatta wale. Below are Pictures of Mc Yaa Yeboah.
“When Nana Addo Did Similar Things, Many Chose Silence” — Vicky Bright Calls Out Political Duplicity
News Hub Creator9h
Former legal advisor to ex-President John Agyekum Kufuor, Vicky Bright, has spoken out against what she describes as growing political hypocrisy and inconsistency in the application of the rule of law in Ghana as per reports by Ghana Web.
Speaking on the JoyNews AM Show on May 5, Bright criticised political figures who shift their positions depending on which party is in power, warning that such behavior damages the integrity of the country’s democratic institutions.
She argued that the rule of law should be applied fairly and impartially, regardless of political affiliation. “The rule of law does not bend based on which party holds power,” she stated during the interview.
Bright noted that Ghana’s democracy is being weakened by partisan reactions to national issues, with some political leaders showing selective outrage.
She highlighted that these inconsistencies erode public confidence and undermine governance.
According to her, this trend has been evident across administrations, pointing out that actions once ignored under President Nana Akufo-Addo’s government are now being harshly criticised by the same individuals who remained silent.
She challenged political actors to demonstrate consistency and integrity in their advocacy, stressing that a fair justice system cannot be built on double standards. “Selective outrage does not build a better Ghana,” she warned.
Bright called for national reflection and urged Ghanaians to demand accountability and fairness from all political leaders.
_1746513712.jpeg)
_1746513682.jpeg)
_1746513695.jpeg)
_1746513698.jpeg)
_1746513734.jpeg)
_1746513735.jpeg)
_1746513734.jpeg)
