Paul Adom-Otchere says the Supreme Court’s pending ruling on January 14, 2026, could significantly reshape criminal disclosure rules in Ghana.
Explaining developments on Good Evening Ghana monitored by MyNewsGh, Adom-Otchere said the Deputy Attorney-General is seeking a review of the court’s earlier decision that ordered prosecutors to disclose documents connected to the Kwabena Adu Boahene case.
Accra, Dec. 22, GNA – Margins ID Group, in partnership with the Korle Klottey Municipal Assembly and the Accra Metropolitan Assembly, has unveiled the Kinbu Triangle green landmark, completing an urban regeneration project in just 30 days.
The initiative, commissioned on December 19, seeks to address urban heat, environmental degradation and pedestrian safety along one of Accra’s busiest commercial corridors.
The climate-resilient space features native, drought-resistant landscaping and pedestrian-friendly design elements aimed at reducing ambient temperatures and enhancing the urban experience for surrounding schools, offices, businesses and hospitality facilities.
Speaking at the unveiling, Mr. Moses Baiden Jnr, Chief Executive Officer of Margins ID Group, said the project reflected the company’s belief that national development must extend beyond digital systems into the physical spaces people inhabit.
He noted that Margins ID Group is headquartered in the Octagon, directly opposite the site, together with its subsidiaries and special purpose vehicles, and explained that the previous state of the triangle did not reflect the standards the company aspires to as a neighbour.
“This project reflects our belief that corporate social responsibility should be practical, visible and impactful,” he said.
Mr. Baiden said the redevelopment, delivered as part of the company’s 35th anniversary corporate social responsibility initiatives, was driven by proximity to the site and a shared responsibility to improve the immediate environment.
Over the years, Margins ID Group has committed to contributing to society through Sustainable Development Goals (SDGs) on Industry, Innovation and Infrastructure, Quality Education, Gender Equality and Legal Identity for All.
The Kinbu Triangle project additionally advances SDG 13 on Climate Action by reducing heat, increasing greenery and improving the overall outlook of Accra.
Mr. Kwesi Baiden, Deputy Chief Executive Officer of Margins ID Group, emphasised the importance of public–private partnership in urban development, noting that while the private sector often has strong ideas, collaboration with the public sector is key to creating well-planned, liveable cities.
He highlighted innovative features incorporated to ensure sustainability, including an automatic irrigation system, solar lighting powered by 300-watt panels, and CCTV installations to enhance security.
He called on city authorities and the public to exercise civic responsibility in protecting the facility, stressing that enforcement requires collective effort.
Accra Mayor, Michael Kpakpo Allotey, welcomed the project as a meaningful contribution to the capital and commended Margins Group for delivering an innovative and impactful intervention, describing it as one of the best Christmas gifts an institution could give to the city.
Korle Klottey Municipal Chief Executive, Alfred Allotey-Gaisie, praised the speed of execution, noting that what was expected to take about three months was delivered in under a month, and urged other corporate institutions to emulate Margins by partnering with local authorities to support urban renewal and environmental sustainability.
The Kinbu Triangle project signals Margins’ expanded approach to national development by integrating digital innovation with physical urban infrastructure while aligning with SDG 13 on climate action. It establishes a replicable model for future public–private urban regeneration projects across Accra.
GNA
Christian Akorlie
Police officers stand guard in front of supporters of Guinean leader Mamadi Doumbouya
Since seizing power in a coup four years ago, Mamady Doumbouya has overhauled Guinea’s minerals sector and launched a huge iron ore project, achievements he hopes will secure him victory in a presidential election meant to cap a return to civilian rule.
The December 28 vote, which Doumbouya once pledged not to contest, is expected to cement his grip on power in the West African country after key challengers were sidelined.
A former special forces commander believed to be in his early 40s, Doumbouya gained broad support after he led the September 2021 coup against then-president Alpha Conde, who had sparked protests by seeking a controversial third term.
Unlike neighbouring Sahel states plagued by coups and jihadist insurgencies, Guinea has enjoyed relative stability under his leadership, alongside economic reforms and new mining sector investments, according to consultancy Signal Risk.
BAUXITE AND IRON ORE
The country holds the world’s largest bauxite reserves and richest untapped iron ore deposit at Simandou, where a massive mining project was launched in November.
Under Doumbouya, Guinea has one of its military-led neighbours and is exerting more control over mining in order to boost state revenues. His transitional government EGA subsidiary Guinea Alumina Corporation’s license was revoked in July after a refinery dispute, transferring its assets to a state-owned firm.
Western powers face a dilemma: denouncing democratic backsliding could push Doumbouya closer to China and other rivals, said Benedict Manzin, lead Middle East and Africa analyst at risk consultancy Sibylline.
But a successful transition from coup leader to civilian president could embolden other militaries in the region, he said.
“Doumbouya … seized power, largely ignored (West African bloc) ECOWAS and domestic demands to rapidly transition back to civilian rule… (then) secured his own election… while the international community largely overlooked how he got to power in the first place,” Manzin said.
“A near Cinderella story for an aspiring military despot.”
PATH TO POWER
An ethnic Malinke from Kankan in Guinea’s east, Doumbouya trained in Israel, Senegal, Gabon, and France, where he served in the French Foreign Legion and met his wife, French gendarme Lauriane Doumbouya. He had 15 years of military experience when he took power, including missions in Afghanistan, the Ivory Coast, Djibouti, and the Central African Republic.
The decision to run in the election marks a reversal. The original post-coup charter barred junta members from running, but a constitution dropping those restrictions was passed in a September referendum.
Doumbouya has campaigned on his infrastructure achievements and pledged to fight against poverty and corruption.
“The mere fact that the transitional president is a candidate…clearly demonstrates that the objective is to retain power,” said Gilles Yabi, founder of West African think tank WATHI. “Nothing will prevent General Doumbouya and the military around him from holding on to power,” he said.
In 2022, his government proposed a two-year transition to elections, but missed that deadline. Doumbouya has since taken steps to shore up support, Manzin said.
Civil society critics accuse his government of banning protests, curbing press freedom, and restricting opposition activity.
He has also pardoned former coup leader Moussa Dadis Camara, who was convicted over a 2009 stadium massacre and retains support in the populous Guinee Forestiere region. Under Doumbouya, the Supreme Court faced pressure to bar opposition candidates, Manzin said.
Guinea’s most prominent opposition figure, Cellou Dalein Diallo, lives in exile after facing a corruption case. Ex-President Conde is also in exile and, at 87, was disqualified under a new age limit of 85.
Asante Kotoko have officially received a transfer offer from Israeli Premier League giants Maccabi Tel Aviv for defender Samba O’Neil, sources have confirmed.
The Israeli club is prepared to pay $150,000 for the stalwart centre-back, representing an improved bid amid growing interest in the Kotoko defender.
Kotoko’s management are now expected to assess the proposal as they weigh sporting considerations against the financial benefits of a potential move.
Tel Aviv joins Dubai City FC as they look to secure O’Neil’s signature, a decision on his future could be made in te coming days.
The Congolese is having a stellar season and could be nearing his exit mid-way through his third season at the club.
Ghanaian superstar artiste Bashir Annan, popularly known as Gambo, has marked a major milestone in his career with his debut appearance on the BET reality series Love & Hip Hop Miami, performing his hit single, Nobody, on the popular BET programme with over 50 million viewers, thrilling the American audience and earning praise.
The song “Nobody” is a thought-provoking record in which Gambo speaks candidly about life’s struggles, particularly the difficulty of finding true love and the prevalence of “fake love” and loyalty shown only to those with money.
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The Attorney General, Dominic Ayine, has revealed that the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, submitted a forged receipt to the Ghana Export-Import (EXIM) Bank to secure a GH¢4 million loan for the alleged purchase of farming equipment.
Speaking at the Accountability Series on Monday, December 22, Mr Ayine said investigations by the Economic and Organised Office (EOCO) had confirmed that the receipt presented to the bank was fabricated.
According to the Attorney General, on March 18, 2018, Chairman Wontumi submitted a document from Casama Enterprise, claiming it was proof of payment for the purchase of equipment including bulldozers and excavators. However, investigations revealed that the document was not genuine.
EOCO’s findings showed that Chairman Wontumi had initially obtained a proforma invoice from Casama Enterprise with the intention of completing the transaction.
Instead of making a payment, he allegedly altered the document by replacing the word “invoice” with “receipt” and submitted it to EXIM Bank as evidence of payment after the loan had been disbursed.
Mr Ayine said the owner of Casama Enterprise confirmed to EOCO that no payment was ever made and that the only document issued to Wontumi Ghana Limited was a proforma invoice.
“The owner of Casama Enterprise confirmed to EOCO investigators that the only document issued to Wontumi Ghana Limited, through Chairman Wontumi, was a proforma invoice and not a receipt,” he stated.
The Attorney General added that despite several attempts by Casama Enterprise to follow up on the transaction, Chairman Wontumi never returned to complete the purchase.
“He stated that he did not hear from Chairman Wontumi again despite repeated follow-up calls. The forged receipt submitted to EXIM Bank falsely suggested that Casama Enterprise had received 4 million GHS for the purchase of farming equipment and earth-moving machinery,” Mr Ayine said.
The Attorney General noted that the disclosure highlights the need for stronger controls in loan processing and greater accountability in public financial transactions.
AG to prosecute Wontumi Farms, directors over GHS24m EXIM Bank fraud
The Accra High Court, hearing an inheritance fraud case, involving Sam Okudzeto and five others, has adjourned proceedings to January 16, 2026 to rule on an application for a stay of proceedings pending an appeal before the Court of Appeal.
The appeal was filed by Peter Okudzeto, a half-brother of Sam Okudzeto, who is challenging an earlier ruling by Justice Akosua Dansoa Christopher, striking out Sam Okudzeto, his daughter Esine Okudzeto, and their law firm, Sam Okudzeto and Associates, from the suit.
National Cathedral construction site. Photo credit: Accra FM
The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has disclosed that the forensic audit into the National Cathedral project is nearing completion, with PricewaterhouseCoopers (PwC) having undertaken substantial work on the assignment.
Speaking to the media during the Government Accountability Series on Monday, 22 December, Dr. Ayine explained that the audit was initiated at the directive of the President following consultations involving himself, the Auditor-General, and the Minister for Finance.
“After we met, and subsequently held discussions at the Ministry of Finance, it was decided that we should speedily engage a private audit firm to conduct the forensic audit,” he said.
Dr. Ayine clarified that the Office of the Attorney General does not procure non-legal services, noting that the audit process fell outside his mandate.
“I cannot procure a forensic audit. Usually, if I am procuring services, they will be legal services, and there is no precedent of an Attorney General procuring non-legal services,” he explained.
He added that since the exercise is a financial audit to be supervised by the Auditor-General, the Finance Minister tasked the Auditor-General with procuring the audit firm, which led to the selection of PwC.
According to the Attorney-General, PwC has made significant progress and is close to concluding its work.
“The last time I checked, they wrote to my office—this was last week—requesting a meeting with me to understand some issues that are germane to the audit work. They have done significant work and are getting to the end of their work,” he said.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Dr Matthew Opoku Prempeh is a former Member of Parliament for Manhyia South
The Presidential Running Mate to Dr Mahamudu Bawumia in the 2024 general elections, Dr Matthew Opoku Prempeh, has stated that, uopn hindsight, he would not repeat certain remarks he made about Ghana’s first President, Dr Kwame Nkrumah, during his introduction to the Asantehene, Otumfuo Osei Tutu II, at a durbar held in his honour.
Speaking on the GHOne Morning Show with Serwaa Amihere, Dr Opoku Prempeh explained that his comments were taken out of context within a highly charged political environment, making it easier for the public to accept negative interpretations without examining the surrounding circumstances.
According to him, it is common for people to form opinions based on limited information, often without seeking clarification.
The former Member of Parliament for Manhyia South noted that political opponents deliberately exploit such moments, carrying out what he described as a “SWOT analysis” to determine which negative labels would most readily resonate with the public. In his case, he said, branding him as arrogant was an allegation that gained traction in the prevailing political climate.
To illustrate his point, Dr Opoku Prempeh used an analogy, explaining that a presenter who wakes up as early as 3:00 am to prepare for a 7:30 am programme may have all their efforts overlooked if a single mishap occurs on air.
He argued that public attention often fixates on isolated moments while disregarding the broader context and effort behind them.
He further explained that in tense political environments, statements are frequently twisted to fit particular narratives, leaving individuals little opportunity to clarify their intentions.
Using a football analogy, he said that even a general statement made during a heated debate—such as addressing supporters of Accra Hearts of Oak—can be selectively reframed as disrespectful when taken out of context.
“In such a charged atmosphere, the number of people who will believe a distorted version of your words is far greater than those who will listen to your explanation,” he observed.
Dr Opoku Prempeh added that while negative allegations often excite public interest, they are frequently unsupported by evidence strong enough for the Attorney-General to pursue legal action.
He expressed concern that many people are quick to accept damaging labels without critically examining the facts.
Reflecting on the controversy, he said that with the benefit of hindsight, he would have taken greater care to clarify his remarks to avoid misinterpretation.
The remarks in question were made during a special durbar organised to formally introduce Dr Opoku Prempeh to the Asantehene after he was named as Dr Bawumia’s running mate.
While responding to Otumfuo’s counsel, he referenced Dr Kwame Nkrumah using the phrase “Mo Kwame no”, a comment that triggered public backlash and was widely perceived by sections of the public as disrespectful.
Watch the video below:
Asante Kotoko have officially received a transfer offer from Israeli Premier League giants Maccabi Tel Aviv for defender Samba O’Neil, sources have confirmed.
The Israeli club is prepared to pay $150,000 for the stalwart centre-back, representing an improved bid amid growing interest in the Kotoko defender.
Kotoko’s management are now expected to assess the proposal as they weigh sporting considerations against the financial benefits of a potential move.
Tel Aviv joins Dubai City FC as they look to secure O’Neil’s signature, a decision on his future could be made in te coming days.
The Congolese is having a stellar season and could be nearing his exit mid-way through his third season at the club.
The President of the All Regions Queen Mothers’ Association, Nana Otubea II, has described as “very unfortunate” the rejection of queen mothers’ inclusion in the Regional and National Houses of Chiefs by the Asantehene, Otumfuo Osei Tutu II.
Nana Otubea II, who also serves as President of the Oti Queen Mothers’ Association and Paramount Queen Mother of the Nkonya Traditional Area in the Biakoye District of the Oti Region, stressed that the 1992 Constitution is supreme over any individual, institution, or group.
In a press statement issued at Nkonya, she noted that Ghana has come a long way and undergone significant cultural reforms and transformation.
At the final 2025 meeting of the Ashanti Regional House of Chiefs in Kumasi on Friday, December 19, the Asantehene opposed the proposal, citing custom and precedent. The proposal, championed by the National House of Chiefs led by Osagyefo Yaw Gyebi II, seeks amendments to the Chieftaincy Act, 2008 (Act 759) to establish a “Chamber of Queen Mothers” and grant them seats alongside chiefs to promote gender equity.
Nana Otubea II argued that while the Asantehene’s position may reflect tradition, it contradicts the Affirmative Action (Gender Equity) Act passed by Parliament in July 2024. She emphasized that the Houses of Chiefs are state institutions funded by the Government of Ghana, not traditional councils, and therefore fall outside the Asantehene’s jurisdiction.
She further stated that if Parliament has passed a landmark law to enhance women’s participation in politics, the economy, and society, then queen mothers deserve representation at both regional and national levels. This, she added, aligns with the cultural role of mothers and queen mothers acknowledged by the Asantehene himself.
Nana Otubea II urged the Asantehene to reconsider, stressing that culture must evolve to meet societal, national, and global aspirations through dialogue and stakeholder engagement. She concluded that the Affirmative Action law is here to stay, and no individual can overturn it.
Investor appetite keeps Treasury Bills oversubscribed for fourth week running
The government has for the fourth week, exceeded its auction target across all three tenors.
The auction target estimated at GH¢3.7 billion received GH¢5.6 billion oversubscribing its treasury bills sale.
The government accepted GH¢5.3 billion of the bids, representing 45% oversubscription.
For the 182-day bill, GH¢1.52 billion of the bids were tendered. The bids accepted were estimated to the tune of GH¢1.45 billion.
Government makes strong Treasury comeback with 110% oversubscription
Also, GH¢1.538 billion of the bids were tendered for the 364-day bill. GH¢1.533 billion of the bids were accepted.
The yield on the 91-day bill decreased by 3.0 basis points to 11.08%.
That of the 182-day bill also dropped to 12.43%, from 12.54% the previous week.
The yield on the 364-day bill went down by 17 basis points to 12.91%.
SP/EB
All you need to know about Ghana’s new vehicle number plates |BizTech:
Alexander Akwasi Acquah, the Member of Parliament for Akim Oda
Alexander Akwasi Acquah, the Member of Parliament for Akim Oda, has launched a scathing critique of the current administration, accusing the government of mismanaging the nation and using propaganda to mask dire economic realities.
While acknowledging that the government’s most notable attempted achievement was the stabilization of the Ghanaian Cedi against the US Dollar, the lawmaker asserted that this stability has proven fragile.
He argued that the national situation is deteriorating because the government is unprepared to take the necessary steps for a true recovery.
Acquah expressed particular concern over trade policies that favor cheap imports, which he claims are stifling domestic production.
“This government is not prepared to listen; they are unprepared to govern,” Acquah stated. “The budget presented this year is a ‘copy and paste’ document with no real impact on the economy. We are in a serious struggle. If the Minority had not held the government to account and made specific demands, this budget would have been a total mess.”
He warned that the high cost of local production versus the ease of importing is de-industrializing Ghana. “Importing has become so cheap that local industries are struggling to stay afloat.
“Do not be surprised to hear that factories are halting production to become importers instead. By favoring imports, we are creating jobs for external businesses rather than for Ghanaians.”
Speaking on Rainbow Radio’s as It Is in Ghana, the MP alleged that the government has allowed the “One District, One Factory” (1D1F) initiative—pioneered by former President Akufo-Addo—to collapse, replacing it with the “24-Hour Economy” proposal which he claims has yet to yield results.
Referring to a well-known economic principle previously cited by Dr Mahamudu Bawumia, Acquah noted: “If the fundamentals are weak, the exchange rate will expose you.
“If the fundamentals were truly right, we would be supporting our own industries, producing more, reducing imports and restoring confidence in the local economy. Instead, the stability we hoped for has backfired.”
The lawmaker further alleged that the government has effectively legitimized illegal mining, popularly known as galamsey, to shore up foreign exchange reserves.
He claimed the government is prioritising gold extraction over environmental safety to stabilize the Cedi.
He highlighted the destruction of water bodies and forest reserves.
He further alleged that senior officials are involved in illegal mining while the state looks the other way.
“They have turned our system into a ‘galamsey economy,’ making money from illegal mining to buy dollars,” he charged. “Things are bad.”
When asked how to turn the tide, the Akim Oda MP called for transparency from the government.
He urged the government to stop using propaganda to manage public perception and instead be honest about the state of the economy.
“The government must be truthful so that the people can manage their expectations,” Acquah concluded. “If they are honest, Ghanaians will have the patience to support them.
“But if they continue to run the economy on propaganda, the public will soon agitate because the reality of the market will eventually expose the lies.”
Bernard Antwi Boasiako is the Ashanti Regional Chairman of the New Patriotic Party
The Attorney General and Minister of Justice, Dr Dominic Ayine, has disclosed that his office will prosecute the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, also known as Chairman Wontumi, for allegedly causing financial loss to the state in relation to a loan from the Exim Bank.
More soon…
The Attorney General and Minister for Justice, Dr Dominic Ayine, has announced that the state will prosecute Wontumi Farms and its directors for alleged financial crimes involving the Ghana Export-Import Bank.
According to Dr Ayine, investigations conducted by the Economic and Organised Office have uncovered sufficient evidence to support charges of defrauding by false pretences, forgery, and causing financial loss to the state.
The alleged loss currently stands at GHS24,255,735, representing the principal amount involved plus accrued interest.
Addressing the media in Accra on Monday December 22, the Attorney General explained that the final figure could rise further due to compounded interest before charges are formally filed.
He indicated that prosecution will commence after the Christmas break, once the exact outstanding amount is confirmed by EXIM Bank.
“In the face of the evidence we have gathered in this investigation, thoroughly conducted by EOCO, we have made the decision to prosecute Wontumi farms and it’s directors with defrauding by false pretences, forgery and causing financial loss to the state in the sum of GHS24,255,735.
“This figure represents the principal sum plus the interest that has accrued so far. By the time we file charges which will be definitely after the Christmas break it might be that this figure would have increased because the interest on the principal keeps compounding.
“So we will get the exact figure of the amount that is involved in this criminal enterprise from the EXIM bank before we file charges in court.”
The decision to prosecute follows EOCO investigations into a loan transaction involving Wontumi Farms, linked to its director, popularly known as Chairman Wontumi.
Dr Ayine previously disclosed that the company secured a GHS4 million loan from EXIM Bank using a forged document.
Investigations revealed that Chairman Wontumi submitted a falsified receipt purportedly issued by Casama Enterprise to support the loan application. The document claimed payment for heavy-duty farming and industrial equipment, including bulldozers and excavators.
However, EOCO’s findings established that the document was originally a proforma invoice and not a receipt.
The word invoice, according to him, was altered to read receipt and presented to the bank as proof of payment. The owner of Casama Enterprise later confirmed that no payment had been made and that only a proforma invoice had been issued to Wontumi Ghana Limited.
Dr Ayine stated that despite assurances to complete the purchase, the transaction was never finalized. He noted that the forged receipt falsely indicated that Casama Enterprise had received the full GHS4 million.
The Attorney General said the case highlights the government’s commitment to enforcing accountability and protecting state financial institutions from fraudulent activities. He assured the public that the prosecution will proceed once all documentation from EXIM Bank is completed and filed in court.
Nigerian entertainers swept many awards at the Most Influential People of African Descent (MIPAD) 2025 Awards and Dinner.
The award, held Sunday night in Lagos at The Library was in celebration of African excellence, leadership, creativity and global impact.
The evening brought together some of Africa’s most influential voices across entertainment, media, business, governance, culture, and innovation, reinforcing Lagos’ growing status as a global hub for African excellence and diaspora engagement.
King Smade, founder of Afronation, has noted that Ghanaian artistes have the potential to headline major international venues if they receive adequate funding and institutional backing.
Speaking on The Chat with Ekow Koomson on Saturday, December 20, he underscored the critical role of financial capacity in the show business.
“Once we have the financial capacity, you can do anything,” he said.
According to Smade, while many Ghanaian artistes possess the talent needed to draw large audiences abroad, limited resources continue to hinder their global reach.
“With proper funding and planning, they can fill venues abroad and boost Ghana’s music reputation globally.”
He therefore called for increased investment, sponsorship, and logistical support to position Ghanaian music more competitively on the international stage.
Isham Alhassan Bonsu
The Ashanti Regional Organiser of the ruling National Democratic Congress (NDC), Isham Alhassan Bonsu, has formally declared his intention to contest the Ashanti Regional Chairmanship of the party ahead of the regional elections scheduled for 2026.
Mr. Bonsu, described as one of the most experienced politicians among the current regional executives of the party, made the announcement during his birthday celebration held in Kumasi.
Addressing members of the media at the event, he said the NDC had given him the opportunity to serve at various levels of the party since 1992, beginning from the ward level through to constituency and regional leadership.
“The NDC as a political party picked me and gave me the opportunity to serve from the ward level since 1992, through the constituency level and at the regional level, both as Deputy Regional Organiser and Regional Organiser,” he said.
Mr. Bonsu noted that his political growth had been shaped through mentorship and training under seasoned party leaders, including Ambassador Daniel Ohene Agyekum, Nti Fordjour, Yaw Obimpeh and Nana Akwasi, the current Ashanti Regional Chairman.
According to him, his many years of service and experience have adequately prepared him for the contest and the responsibilities that come with leading the party in the region.
“I am confident that I have prepared myself well for the contest ahead. With my experience, I believe I can win and effectively lead the party,” he stated.
He used the occasion to call on party supporters across the Ashanti Region to rally behind his candidature, urging them to begin mobilising support from December 20, 2025 through to November 2026, when the party is expected to hold its regional elections.
The birthday celebration was attended by majority of the current regional executives, District Chief Executives (DCEs), as well as constituency and polling station executives.
The public declaration of Mr. Bonsu’s intention to contest the Ashanti Regional Chairmanship attracted loud applause from the party supporters who attended the event, including some close associates of the incumbent chairman.
The declaration sets the stage for what is expected to be a keenly contested race for the Ashanti Regional Chairmanship of the NDC. It remains unclear whether the incumbent Chairman, Andrews Augustus Nana Akwasi, will seek re-election.
Meanwhile, some party members present at the celebration openly endorsed Mr. Bonsu’s candidature.
“We, the NDC in the Ashanti Region, have no justification to reject Isham. He is the man for the job. Nana Akwasi, our Regional Chairman, has done his part for the party as Vice Chairman and Regional Chairman, and we gave him our full support. Every election comes with new leadership and new strategies. We, the grassroots, want Isham, and we are happy that he has listened to our call. We will do everything humanly possible to ensure this dream is realised in the Ashanti Region,” they said.
FROM David Afum, Kumasi
Mark Elliott
Mastercard has expanded its acceptance network across Africa by 45 per cent in 2025, a milestone that is drawing millions of consumers and small businesses into the continent’s rapidly growing digital economy.
The growth highlights the pace at which digital payments, technology and innovation are transforming Africa, achieving in a short period gains that would traditionally have taken several years.
The surge comes in a year marked by new market entries, increased investment, product innovation and a stronger on-the-ground presence, reinforcing Mastercard’s position as a key enabler of Africa’s projected US$1.5 trillion digital payments market by 2030.
As part of its expansion drive, Mastercard has opened new offices in Ghana, Uganda and Mauritius over the past two years, with plans to enter additional African markets in 2026. The company has also increased its workforce on the continent by nearly 20 per cent, strengthening local expertise and supporting the co-creation of payment solutions tailored to the needs of African consumers, merchants and communities.
Alongside its physical footprint, Mastercard has continued to invest in digital infrastructure to improve trust, safety and convenience in both online and in-person transactions.
These investments include upgrades in tokenisation, enhanced digital identity capabilities and improvements in virtual card technology, all aimed at strengthening secure and seamless payment experiences.
Small and medium-sized enterprises (SMEs), widely regarded as the backbone of African economies, remain a central focus of Mastercard’s strategy.
With consumer spending expected to grow across key markets, including Kenya, Morocco, Nigeria and South Africa. demand for digital payment solutions has accelerated.
For SMEs, these tools are increasingly essential to meeting modern business needs, enabling them to pay and receive payments efficiently, access credit, build financial resilience and operate more securely in a digital-first economy.
To support this segment, Mastercard has rolled out a range of digital tools, including tap-on-phone solutions, the Mastercard Payment Gateway System for e-commerce transactions, QR payment options such as pay-by-link and QR-on-card, point-of-sale solutions, and business payment control capabilities that support virtual card issuance.
The company is also strengthening Africa’s SME ecosystem through Pan-African partnerships designed to facilitate cross-border payments, expand access to credit and digitise marketplaces.
Driven by collaborations with governments, fast-moving consumer goods companies and telecommunications firms, Mastercard has launched 15 new SME-focused programmes across the continent over the past 18 months.
Commenting on the progress, Mark Elliott, Division President for Africa at Mastercard, said 2025 had been a defining year for the company on the continent.
“From acceptance growth to new digital capabilities, our focus has been on solutions that bring people and small businesses into the heart of the digital economy,” he said.
“Our collaborations across Africa will continue to connect more people and businesses to the financial system, helping to drive greater financial inclusion and economic opportunity as we work towards a US$1.5 trillion digital economy by 2030,” he stated.
A Business Desk Report
Big Paradise and Kwadwo Sheldon
Social media is buzzing following comments made by Ghana’s leading content creator, Kwadwo Sheldon, host of “Yawa of the Day,” against MC/hypeman Big Paradise, on a statement concerning the need for event organisers to reduce the time allocation for hypemen at concerts.
Kwadwo Sheldon, discussing the just-ended Kweku Smoke “Revival” concert, was heard lamenting on how some Ghanaian artistes are not conscious of time during concerts, emphasising that it directly impacts the overall energy and flow of the show.
“It is about time our artistes were time-conscious when it comes to their performances. And those MCs working, shouting to the crowds and singing—nobody is interested in that. I’m not saying MCs are not relevant when it comes to these shows, but you cannot give an MC one hour to be charging the crowd; we are not batteries. At some point, people’s social batteries are dying. Let us be serious; we waste so much time, and you don’t understand. Last year, Kweku Smoke came to perform at 1 a.m., and this year we were entering into 2 a.m.,” he lamented.
Big Paradise also responded to Kwadwo Sheldon’s comments, arguing that the content creator is envious of his achievements. He warned Kwadwo Sheldon to tread cautiously when commenting about his work on social media.
“Joy Prime was asking some random people who they wished to see on stage and they said Big Paradise. And as far as those five people in the video were concerned, they were heard mentioning my name. Even Cina Soul’s Manager, who was part of the organisers of the show, even came to call me while my time was not up to perform on stage.
“People like my matter. You this one person will not say something negative to affect me. I’m not an artiste, but Ghanaians love me; obviously, you will get people to hate on you, but Ghanaians love me, and I am grateful for their support. Even you, people don’t tell you that you are shouting in that studio of yours (sic),” he said.
The two social media sensations have had some feud sometime back. Kwadwo Sheldon and Big Paradise’s rift stems from the latter’s departure from Kwadwo Sheldon Studios (KSS). Big Paradise, a former employee, left KSS due to a disagreement with Kwadwo Sheldon.
He felt Sheldon’s attitude towards him changed after a heated podcast debate about dancer Afronita’s request to the government, where Big Paradise spoke up and was reportedly seen as disrespectful to Scanty, another co-host.
Big Paradise also mentioned that a colleague, Elikem, backstabbed him by sharing content they agreed to work on with Kwadwo Sheldon without informing him. These issues led to Big Paradise leaving KSS after his six-month contract expired.
BY Prince Fiifi Yorke
The Member of Parliament for Nhyiaeso, Stephen Amoah, popularly known as Sticka, has criticised former Adansi-Asokwa Member of Parliament, Kobina Tahir Hammond, over comments questioning the source of wealth of New Patriotic Party (NPP) flagbearer hopeful, Kennedy Agyapong.
The comments that sparked the controversy were sent via a text message by KT Hammond during a one-on-one interview with Sticka on Asempa FM on December 18, 2025, where he raised concerns about the origins of Kennedy Agyapong’s wealth as part of discussions surrounding the NPP flagbearership race.
KT Hammond’s remarks did not sit well with Sticka, who described the comments as unfair and inappropriate, especially given Hammond’s long-standing association with Kennedy Agyapong within the party.
Reacting to the interview, Sticka accused the former lawmaker of engaging in what he described as “hate speech” against the former Assin Central MP.
NPP Primaries: K.T Hammond breaks silence on ‘betraying’ Kennedy Agyapong
“Respectfully, KT Hammond, this is hate speech, how can you say someone should come and answer questions about how Kennedy Agyapong made his money?”
He questioned why Hammond, who has served as a minister and held senior leadership positions within the NPP, would raise such concerns publicly if he truly believed any wrongdoing had taken place.
“He has been a friend to Kennedy Agyapong. If Kennedy had stolen money before and KT Hammond has been a minister and a leader in the NPP, why did he sit down and not ensure that Kennedy was arrested?” Sticka asked.
Sticka further defended Kennedy Agyapong’s background, insisting that the outspoken former lawmaker rose from humble beginnings through legitimate means.
“What I know is that Kennedy Agyapong started as a poor, humble beginner, Kennedy has never done anything illegal because he has never been arrested before.”
“Have you heard of the NDC inviting or arresting Kennedy Agyapong before?” Sticka questioned.
According to the Nhyiaeso MP, Kennedy Agyapong has consistently supported the NPP and contributed significantly to job creation through his business ventures.
“All I know is that Kennedy Agyapong has been helping the party over the years and has opened businesses where many people are working,” he added.
AM
Also, watch below Amnesty International’s ‘Protect the Protest’ documentary as the world marks International Human Rights Day 2025
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The Sing Traditional Area in Ghana’s Upper West Region has marked a decade of leadership by its Paramount Queenmother, Pognaa Salma Chaana Abdul-Razak, celebrated as the youngest paramount queenmother alive.
The milestone has been described by traditional leaders and community members as a journey defined by grace, resilience and unwavering dedication to culture, even in the face of significant challenges.
Speaking at activities to commemorate the anniversary, Pognaa Salma Chaana Abdul-Razak reflected on her reign as one shaped by blessings and hard times alike, noting that perseverance and commitment to duty have been central to overcoming obstacles.
“I am proud of my roots, my culture and my traditions,” she said, emphasising that leadership within the traditional institution demands endurance, sacrifice and a deep sense of responsibility to future generations.
Over the past ten years, the queenmother has been a vocal advocate for cultural preservation, particularly among the youth, warning against the gradual erosion of indigenous values and practices.
She called on Ghanaians to reconnect with their heritage by embracing local traditions, including food, language and communal values, as a way of strengthening identity and national cohesion.
At the heart of her message was a renewed appeal for a return to indigenous diets, which she described not only as culturally significant but also essential for good health.
She urged families to reintroduce children to traditional meals such as dawadawa jollof, tumpaani, tuo zaafi (TZ) with johjoh soup, jangjahga, kongtong soup, gabele, wasawasa, kaaha, maasa and kaara, among others.
According to her, these meals sustained earlier generations, contributing to strength, longevity and productivity, and should not be abandoned in favour of heavily processed foods.
“We must not allow our children, our future leaders, to fail in upholding our culture simply because we failed,” she said, adding that it is not too late to revive practices that once defined Ghanaian and African societies.
The queenmother also linked traditional diets to modern health concerns, calling for a shift in focus from curative to preventive healthcare through nutrition.
“It is time to eat our food as medicine, not our medicine as food,” she said, stressing that lifestyle choices, particularly diet, play a critical role in wellbeing.
As the Sing Traditional Area celebrates a decade of her reign, community members have praised Pognaa Salma Chaana Abdul-Razak for combining youthful leadership with a strong commitment to tradition.
The anniversary has been framed not only as a celebration of longevity in office, but also as a reminder of the enduring relevance of traditional institutions in shaping culture, health and national identity.
The Ghana cedi is under pressure against major trading currencies, raising concerns ahead of the festive season.
Data from the Bank of Ghana show that the cedi is trading at GH¢11.49 to the US dollar on the interbank market as of December 22, 2025.
A weaker cedi typically leads to higher prices for imported goods such as food, clothing, electronics, and household items, increasing the cost of Christmas and New Year celebrations.
Fuel prices may also rise since petroleum products are imported in dollars, potentially resulting in higher transport fares and increased costs for businesses.
Overall, the continued depreciation is expected to reduce purchasing power and place additional strain on household budgets.
Cedi holds at GH¢11.51 to $1, a week to Christmas
Here’s how the cedi is faring on the Bank of Ghana interbank market:
⦁Dollar – Buying at GH¢11.48, Selling at GH¢11.49
⦁Pound – Buying at GH¢15.34, Selling at GH¢15.36
⦁Euro – Buying at GH¢13.46, Selling at GH¢13.47
Here’s how the cedi is trading at the forex bureaus:
⦁Dollar – Buying at GH¢12.05, Selling at GH¢12.45
⦁Pound – Buying at GH¢15.90, Selling at GH¢16.80
⦁Euro – Buying at GH¢13.90, Selling at GH¢14.80
— Bank of Ghana (@thebankofghana) December 22, 2025
SP/EB
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Former Vice President, Dr Mahamudu Bawumia, has urged delegates of the New Patriotic Party (NPP) to back his bid for the party’s flagbearership for the 2028 elections based on his competence, integrity, and proven track record.
Speaking in an interview on Spear FM in Damongo during his campaign tour of the Savannah Region, Dr Bawumia called on delegates to prioritise leadership qualities and vision over regional considerations.
“I’m asking for the support of our NPP delegates. I’m campaigning, that’s why I’m in the region. I’m asking for their support on January 31st, that they should vote for me, not because I’m from the north; we don’t vote on that,” he said.
He highlighted his experience as Vice President, describing it as a foundation for effective leadership as President.
“Under Akufo-Addo, I’ve been adjudged by many people to be the most effective Vice President in the history of this country, a big acknowledgement of the track record of what I have done. And I want the delegates to help me be one of the most effective Presidents in the history of the country,” he added.
Dr Bawumia further assured delegates of his commitment to delivering victory for the NPP in 2028.
“I believe that this party, the NPP, under my leadership, will come back to power after the 2028 election. We are going to work hard for the party and the people of Ghana. I want them to trust me, and I will deliver victory in 2028, by the grace of God,” he stated.
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.
The Driver and Vehicle Licensing Authority (DVLA) has issued a public alert over a fraudulent Facebook account impersonating its Chief Executive, Julius Neequaye Kotey.
In a notice released on Monday, December 22, 2025, the DVLA cautioned the public to disregard any social media accounts or private messages claiming to represent the Chief Executive and soliciting financial favours, contracts, or personal information.
According to the Authority, Mr. Kotey does not conduct official business, offer contracts, or request payments through personal social media accounts or private messages.
The DVLA has therefore advised members of the public to ignore and delete any friend requests or messages from accounts purporting to be from the Chief Executive, particularly those seeking money or sensitive personal details. The Authority also urged the public to report such suspicious accounts directly to Facebook.
The statement further stressed that only official DVLA communication channels should be relied upon for enquiries and updates, warning that the Authority will not be held liable for any transactions or engagements entered into through the unauthorised account.
The DVLA disclosed that it is working closely with relevant security agencies to track down the perpetrators and address the criminal activity.
The Authority reaffirmed its commitment to protecting the public from fraud and encouraged vigilance as online impersonation and cyber-related scams continue to rise.
Head coach of Accra Hearts of Oak SC, Mas-Ud Didi Dramani is furious and threatened to leave his position at the Ghanaian club following some confrontations with fans.
The experienced Ghanaian gaffer, threatened authorities of the outfit with the aforementioned if they fail to control the supporters. His threats comes on the back of Hearts of Oak SC outcome against league leaders Aduana Stars on Sunday.
Hearts of Oak SC traveled to the 2025/26 Ghana Premier league leaders to earn a point, after a goalless draw in Dormaa in week 15 fixture.
The fan base after the encounter felt disappointed and expressed anger on the coach for failing to parade a strong squad to amass all points away. The Continental Club Masters have struggled to found their rhythm under Didi Dramani since commencement of campaign this season.
In 15 matches, Hearts of Oak SC has six victories, 7 draws and two defeats and scored 10 goals with total goals conceded at six.
Harvesting consecutive wins for the Phobias have gradually become their headache, hence seen their fan base irritated, with many not foreseeing the Phobias racing for the 2025/26 Ghana Premier league title.
Hearts of Oak SC already have exited the MTN FA Cup after failing to go past True Life FC in the round 64 of the Cup and now has only the league title to challenge and secure qualification to Africa.
They currently sit 3rd on the league log with 25 points.
Meanwhile, Didi Dramani signed a two-year contract to lead the club replacing Aboubakar Ouattara.
According to the association, Customs revenue has improved in 2025
The Importers and Exporters Association of Ghana (IEAG) has called for transparency, due diligence and broad stakeholder engagement in the planned introduction of an artificial intelligence-driven system at the country’s ports – warning that any form of modernisation must be transparent, secure and aligned with existing national trade systems.
Addressing a press conference in Accra on December 18, the association’s Executive Secretary Samson Asaki Awingobit said the group supports innovation at the ports, but insisted that reforms must safeguard data sovereignty, protect revenue and avoid duplication of existing systems, particularly the Integrated Customs Management System (ICUMS).
“We have serious concerns about the planned introduction of an AI-driven port system and the reported award of a contract to Truedare Investments Limited, a Cyprus-registered company.
“Available public records do not show evidence of the company’s prior experience in port automation or artificial intelligence systems. More importantly, there has been no clear explanation of how the proposed platform will integrate with ICUMS or what safeguards will be put in place to protect Ghana’s trade data.
“ICUMS hosts all Customs declarations, trade values, cargo manifests and revenue records, making it a strategic national asset. Allowing a foreign private entity without a proven track record to rely heavily on this data could expose the country to serious risks, including loss of data control, cybersecurity threats, system duplication, revenue leakage and higher costs for traders.
“Any technological reform at the ports must be preceded by transparent stakeholder consultations, strong data protection guarantees and deliberate efforts to build local technical capacity within Customs and port institutions,” he elaborated.
Reviewing port operations and revenue mobilisation, the association said Customs revenue had improved in 2025 – reflecting stronger trade facilitation and system performance. It cited figures showing Customs revenue rising to about US$3.18billion as of September 2025, compared to approximately US$3.11billion during the same period in 2024.
It acknowledged that the ICUMS platform experienced intermittent technical challenges during the year, which affected access and operational stability for traders, but said these issues were addressed through collaboration between stakeholders and the system operator, including establishing a new central data workspace to strengthen resilience and service delivery.
It also noted that reforms such as 24-hour terminal operations at Tema Port had improved cargo handling capacity and throughput, enhancing the country’s competitiveness as a regional trade hub and easing clearance processes for importers and exporters.
Placing port performance within the broader economic context, the association commended government measures aimed at easing cost of doing business. These include removal of the COVID-19 health recovery levy and adjustments to the value-added tax rate under the 2026 tax reforms, which it said will reduce financial pressure on traders and improve confidence in the nation’s ports.
The association further pointed to improved macroeconomic indicators, including relative stability of the cedi, which it said had strengthened to about GH¢11.48 to the US dollar by mid-December 2025 compared to levels above GH¢15 earlier in the year. It said this development has reduced foreign exchange costs for importers who depend on dollar-denominated freight and port charges.
Inflation and interest rates were also cited as improving, with headline inflation declining significantly by November 2025 and the Bank of Ghana reducing its policy rate. Together, the association said, these trends are creating a more predictable and supportive environment for trade and investment.
Despite the positive outlook, IEAG urged government to sustain policy support – particularly by improving access to foreign exchange for traders, introducing targetted measures to cushion local businesses against external shocks and deepening reforms to make the country’s ports more competitive within the West African sub-region.
The association reaffirmed its support for reforms that strengthen trade facilitation and revenue mobilisation, while urging caution and inclusiveness in decisions affecting critical national trade infrastructure. It pledged continued collaboration with government to safeguard the efficiency, security and global competitiveness of the country’s port sector.
President John Dramani Mahama is expected to receive the final report of the Constitutional Review Committee today, Monday, December 22, at the Presidency in Accra.
The committee, chaired by Professor H. Kwasi Prempeh, Executive Director of the Ghana Centre for Democratic Development (CDD-Ghana), was mandated to review the 1992 Constitution and propose reforms to strengthen Ghana’s democratic governance framework.
The presentation of the report, scheduled for 2:00 p.m., brings to a close several months of nationwide consultations and technical analysis conducted by the eight-member committee.
Other members of the committee include Justice Sophia Adinyira, a retired Supreme Court Justice; Professor Kwame Karikari; former Electoral Commission Chairperson Charlotte Osei; Dr Godwin Djokoto; Ibrahim Tanko Amidu; Dr Esi Ansah; and Dr Rainer Akumperigeya.
Although the committee was inaugurated on January 30 with an initial deadline of August, the volume and complexity of submissions received from the public required a three-month extension to enable the panel to complete its work.
Source: GNA
The Bafana Bafana of South Africa
Head coach Hugo Broos will reach a personal milestone on Monday, December 22, as he takes charge of his 50th match as South Africa manager, leading Bafana Bafana into their 12th appearance at the Africa Cup of Nations.
South Africa’s most recent AFCON outing came at the 2023 tournament in Ivory Coast, where they finished third after defeating DR Congo on penalties in the third-place playoff following a semi-final defeat to Nigeria.
Bafana Bafana secured qualification for AFCON 2025 by finishing top of their group, with a run of consistent performances that highlighted their defensive organisation and tactical discipline under Broos.
In their last nine matches across World Cup qualifications and friendlies, South Africa recorded six wins and three draws.
That sequence included victories over Zambia and Rwanda, along with draws against Nigeria and Zimbabwe.
South Africa’s AFCON pedigree includes lifting the trophy on home soil in 1996, and although they have not repeated that success, their podium finish in Ivory Coast reinforced their status as credible contenders heading into the group stage.
South Africa and Angola have met 19 times across all competitions, with South Africa claiming nine wins to Angola’s four and six matches ending level, while at AFCON finals they have faced each other four times in the group stage, producing two South Africa wins and two draws.
Angola begin their AFCON 2025 campaign against South Africa aiming to build on recent continental progress and a strong performance at the previous edition of the tournament.
This competition marks Angola’s 10th appearance at the Africa Cup of Nations finals, having first qualified in 1996 and returned intermittently since then.
Their most recent AFCON outing came at the 2023 tournament in Ivory Coast, where the Palancas Negras reached the quarter-finals before exiting the competition against Nigeria.
Angola secured qualification for the 2025 finals by finishing top of their group, booking their place with matches to spare and showing consistency throughout the campaign.
Across their last 10 matches, Angola recorded four wins, three draws and three defeats, scoring 15 goals and conceding 13.
By Issah Mohammed, GNA
Accra, Dec. 22, GNA – Alhaji Mohammed Muntaka Mubarak, Minister for the Interior, has disclosed that 448 conflict‑prone spots have been identified across the country.
He said the spots, captured in a report received last week, posed varying levels of threat to national security and peace, with the majority being chieftaincy‑related.
Sharing details of the report at the 58th annual Ashanti Regional Maulid celebration, Alhaji Mubarak noted that the Ashanti Region had 68 spots, while the Central Region recorded 88.
“The five regions in the north where we think there is a lot of conflict has 122 spots,” he said.
The Minister observed that while most conflict hotspots were in the southern part of the country, those in the north tended to be more violent, attributing the situation to impatience and failure to use appropriate dispute resolution mechanisms.
“When issues happen, they (Central Region) try to resolve it using the laid down dispute resolution process,” he noted.
Alhaji Mubarak, who is also the Member of Parliament for Asawase Constituency, urged Muslims to exercise restraint and follow due process in addressing misunderstandings or disagreements to safeguard peace and tranquillity.
He asked that citizens take advantage of the ongoing gun amnesty, which expires on January 15, 2026, to surrender weapons in their possession or regularise them if qualified.
“If this period elapse, we will intensify stop and search,” the Minister warned.
The gathering brought together eminent Islamic clerics, Zongo chiefs and Muslim scholars, including Mohammadu Sanusi II, Emir of Kano, and Sheikh Osman Nuhu Sharubutu, National Chief Imam of Ghana.
GNA
Edited by Kenneth Sackey
Papa Shee
Highlife music turned preacher, Papa Shee, is claiming that most people won’t make it to heaven because of their hair and facial appearances.
Speaking in an interview on Okay FM with presenter Nana Romeo, Papa Shee claimed that people who dye their hair or wear make-up will not make it to heaven.
The discussion arose after Nana Romeo mentioned that former Black Stars defender Sammy Kuffour had cut his hair because he was often mistaken for Papa Shee due to their similar looks.
Explaining his stance, Papa Shee said grey hair is part of God-given identity and should not be altered.
According to him, grey hair is a blessing from God and should be embraced rather than dyed.
“He is called Nana Yaw Berko. He is Nana Yaw and I am also Nana Yaw. He is my brother. He has grey hair and God gives grey hair. If you have grey, you should be happy; you don’t have to dye your hair. If you dye your hair, you can’t make it to heaven,” he said.
The preacher further extended his claim to the use of makeup, insisting it also goes against his understanding of biblical teachings. “I’m telling you, if you wear make-up, you won’t make it to heaven. I’m not lying to you. I pray that we all read the Bible,” he added.
The Ghana cedi is under pressure against major trading currencies, raising concerns ahead of the festive season.
Data from the Bank of Ghana show that the cedi is trading at GH¢11.49 to the US dollar on the interbank market as of December 22, 2025.
A weaker cedi typically leads to higher prices for imported goods such as food, clothing, electronics, and household items, increasing the cost of Christmas and New Year celebrations.
Fuel prices may also rise since petroleum products are imported in dollars, potentially resulting in higher transport fares and increased costs for businesses.
Overall, the continued depreciation is expected to reduce purchasing power and place additional strain on household budgets.
Cedi holds at GH¢11.51 to $1, a week to Christmas
Here’s how the cedi is faring on the Bank of Ghana interbank market:
⦁Dollar – Buying at GH¢11.48, Selling at GH¢11.49
⦁Pound – Buying at GH¢15.34, Selling at GH¢15.36
⦁Euro – Buying at GH¢13.46, Selling at GH¢13.47
Here’s how the cedi is trading at the forex bureaus:
⦁Dollar – Buying at GH¢12.05, Selling at GH¢12.45
⦁Pound – Buying at GH¢15.90, Selling at GH¢16.80
⦁Euro – Buying at GH¢13.90, Selling at GH¢14.80
— Bank of Ghana (@thebankofghana) December 22, 2025
SP/EB
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The Deputy Chief Executive Officer of the Forestry Commission, Elikem Kotoko, has called for the involvement of professional mediation experts to help address the root causes of protracted conflicts, warning that continued violence poses a serious setback to national development.
Speaking on Channel One TV’s Breakfast Daily on Monday, December 22, he emphasised the importance of sustained peace education, particularly among young people, to discourage participation in violent conflicts and promote long-term stability.
He noted that conflicts in affected areas have far-reaching consequences for local communities, impacting the entire country through strained budgetary allocations and disruptions to essential public services.
According to him, areas plagued by persistent unrest often become unattractive to national service personnel, healthcare professionals, and job seekers, limiting access to critical services and slowing development. He argued that no country can develop under such conditions, describing conflict as a major obstacle to equitable growth and national cohesion.
While commending the Asantehene, Otumfuo Osei Tutu II, for his consistent readiness to mediate in conflict situations, the Deputy CEO of the Forestry Commission said that traditional mediation efforts must now be complemented with expert-led processes.
“We need to preach to our young people on the need to give peace a lasting chance, and also address those who take delight in these kinds of conflicts. We must recognise that the entire country suffers when such things happen.”
The Deputy Chief Executive Officer of the Forestry Commission, Elikem Kotoko, has called for the involvement of professional mediation experts to help address the root causes of protracted conflicts, warning that continued violence poses a serious setback to national development.
Speaking on Channel One TV’s Breakfast Daily on Monday, December 22, he emphasised the importance of sustained peace education, particularly among young people, to discourage participation in violent conflicts and promote long-term stability.
He noted that conflicts in affected areas have far-reaching consequences for local communities, impacting the entire country through strained budgetary allocations and disruptions to essential public services.
According to him, areas plagued by persistent unrest often become unattractive to national service personnel, healthcare professionals, and job seekers, limiting access to critical services and slowing development. He argued that no country can develop under such conditions, describing conflict as a major obstacle to equitable growth and national cohesion.
While commending the Asantehene, Otumfuo Osei Tutu II, for his consistent readiness to mediate in conflict situations, the Deputy CEO of the Forestry Commission said that traditional mediation efforts must now be complemented with expert-led processes.
“We need to preach to our young people on the need to give peace a lasting chance, and also address those who take delight in these kinds of conflicts. We must recognise that the entire country suffers when such things happen.”
Mohammed Abdul-Salam is the Director General of NLA
Director General of the National Lottery Authority, Mohammed Abdul-Salam, has participated in the 2025 end-of-year review meeting of the African Lotteries Association (ALA), held in Accra on December 18.
Abdul-Salam, doubles as the Vice President of the ALA, an association of national lottery bodies across Africa that promotes best practices and collaboration within the industry.
The Association, as a governing bodies of lottery across the continent, enhances the need for a common platform for sharing best practices and governance protocols on lottery operations.
Speaking on the sidelines of the meeting, the NLA boss said, the event was an assembly of the board of the ALA, to review and take stock of 2025 happenings and to consider operational activities for the New Year, 2026.
Mr Abdul-Salam noted that the meeting afforded ALA officials the opportunity to discuss the calendar event for next year, with far-reaching decisions taken.
He said one of the successes chalked this year, was the training of member countries in cybersecurity and block chain administration of lotteries, which was done in Ivory Coast and Morocco respectively.
“In 2026, the ALA will conduct further trainings in other areas in lotto governance and operations, with seminars and executive meetings to discuss industry matters such as artificial intelligence, and responsible gaming” the DG noted.
Concerning operational activities of the NLA, Mr Abdul-Salam explained that the Authority has set out to implement several reforms in 2026, concerning lottery governance and the introduction of new products for the gaming public.
Products of the NLA, including the flagship ‘5/90’, according to the DG, is a shining example of a sustainable lottery product, which remains a trump card, with other African countries keenly taking inspirations.
The ALA, an association of 16-member countries is headed by the President of LONACI (Loterie Nationale de Cote d’Ivoire), as its Director-General.
The NLA’s strong relationship with the ALA as a prominent member and key contributor in decision-making concerning lottery governance, highlights the Authority’s leadership role in Africa’s lottery sector.
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Stephen Amoah, the Member of Parliament for Nhyiaeso, commonly known as Sticka, has tackled former Adansi-Asokwa Member of Parliament, KT Hammond, over Kennedy Agyapong’s source of wealth.
KT Hammond, during Stephen Amoah’s one-on-one interview on Asempa FM, sent a text message to the host, which read, “OB ask him, so where did he get all this money from, from America?”
Nollywood actor, Mike Folarin has opened up about his struggles with handling some female fans due to their overzealousness.
In a candid interview with VJ Adams, Folarin revealed that some overzealous female fans have gone as far as kissing him without his consent.
He described the incident as the most ridiculous experience in the entertainment industry.
Former Attorney-General Martin Amidu’s constitutional questions on the Asantehene’s mediation in Bawku demand a rigorous response. While his vigilance is commendable, his conclusions are not supported by Ghana’s 1992 Constitution or its dispute-resolution framework. This mediation is a legitimate, complementary peace-building effort within our constitutional ecosystem.
Ghana stands on the brink of a new mineral era. Lithium — the “white gold” powering electric vehicles, renewable energy storage, and the global green transition — is now one of the world’s most strategic resources. Countries that negotiate wisely will secure decades of prosperity. Those that negotiate poorly will watch their wealth exported in raw form while their citizens remain poor.
Recent analyses of Ghana’s Ewoyaa lithium agreement reveal a troubling reality. Independent policy think tanks argue that the fiscal and structural terms fall short of emerging global standards. While some government-aligned voices describe the deal as “forward‑thinking,” the broader international context tells a different story.
The truth is simple: Ghana can do better. And Ghana must do better.
HOW GHANA’S LITHIUM DEAL COMPARES GLOBALLY
1. The World Is Tightening Control Over Lithium
2. Ghana’s Current Position
3. How African Peers Are Moving Ahead
4. Global Benchmarks Beyond Africa
5. What This Means for Ghana
Ghana’s deal is less ambitious than the assertive models of Zimbabwe, Namibia, DRC, or Chile.
Ghana lags in:
6. The Bottom Line
THE CORE PROBLEM
Ghana is negotiating lithium as if it were gold in the 1990s — fixed royalties, limited state control, and weak value‑addition requirements. But lithium is not gold. It is a 21st‑century strategic mineral at the heart of a global technological race.
If Ghana does not renegotiate now, future generations will pay the price.
POLICY BRIEF: WHAT GHANA MUST DO NOW
1. Renegotiate the Royalty Structure
Adopt a sliding‑scale royalty tied to global lithium prices.
2. Increase State Equity
Move toward at least 30% state participation, whether through equity, carried interest, or a sovereign minerals fund.
3. Mandate Local Processing
No raw lithium should leave Ghana. Processing must occur in‑country — even if phased.
4. Create a Lithium Sovereign Wealth Fund
Ring‑fence revenues for youth employment, renewable energy, industrialization, and regional development.
5. Ensure Transparency and Public Oversight
Publish all contracts, fiscal terms, and environmental impact assessments.
6. Strengthen Environmental and Community Protections
Lithium mining is water‑intensive. Ghana must enforce water protection, land reclamation, and community benefit agreements.
RECOMMENDATIONS TO H.E. JOHN DRAMANI MAHAMA
(Framed as civic advocacy, not personal political opinion)
1. Commission an Independent Review Panel
Include IMANI, CSOs, mining economists, and international mineral policy experts.
2. Suspend Implementation Until Renegotiation Is Complete
This aligns with calls from independent analysts who argue the deal is structurally weak.
3. Lead a Continental Lithium Strategy
Position Ghana as a leader in Africa’s critical‑minerals diplomacy.
4. Champion Local Processing and Battery Manufacturing
Use Ghana’s industrial base to attract battery producers and EV component manufacturers.
5. Launch a National Public Education Campaign
Citizens must understand what lithium is, why it matters, and what Ghana stands to gain or lose.
6. Protect Ghana from the “Resource Curse 2.0”
Ensure lithium becomes a blessing, not another missed opportunity.
CALL TO ACTION FOR CITIZENS
Ghana’s future is being negotiated today.
Lithium is not just a mineral — it is a national destiny.
Citizens must demand:
A nation that exports raw lithium will remain poor.
A nation that processes lithium will rise.
Retired Senior Citizen
Teshie-Nungua
[email protected]
Leadership, Management and Council Members of CIB in a group photo with Inductees after the event
Women now form the majority of newly qualified chartered bankers in Ghana, as the Chartered Institute of Bankers, Ghana (CIB Ghana) inducted and graduated 186 professionals at its 17th Induction and Graduation Ceremony in Accra. Of the 186 inductees and graduates, 55 percent were women, extending a trend that has gathered pace in recent years.
In the previous two years, women accounted for 51 percent and then 60 percent of new chartered bankers, a shift that Institute leaders described as a sign of growing sustainability and inclusion in the country’s financial talent pipeline.
The latest cohort brings the total number of chartered bankers produced by CIB Ghana over the past six years to 1,313, a figure the Institute said reflects sustained investment in professional standards, ethics and leadership within the financial sector.
Speaking at the ceremony, the chief executive of CIB Ghana, Robert Dzato, said the growing female participation was not incidental but the outcome of deliberate policies aimed at widening access to professional banking education while maintaining rigorous standards. “We are building a profession that reflects society and is fit for the future. The numbers show that women are not only participating but excelling, and that is essential for the long-term health of the financial sector,” he said.
The event, held under the theme ‘Building Future-Ready Banks: Ethical Leadership, Sustainable Finance and Currency Stability amid Disruption’, brought together regulators, industry leaders, bankers and families to mark what was repeatedly described as both an end and a beginning; the completion of a demanding programme of study and the assumption of new professional responsibilities.
Beyond gender balance, the 2025 cohort also illustrated the Institute’s emphasis on inclusiveness across age and career stage. The youngest graduate was 23 years old, having enrolled through the Institute’s Best and Bright Programme, which targets high-performing university students and offers conditional exemptions to accelerate their professional journey. The oldest inductee was 59, demonstrating the Institute’s message that professional development in banking is not limited by age.
“These stories matter. They show that you can start early or return later, but what matters is commitment to learning, ethics and professionalism,” Mr. Dzato added.
The President of CIB Ghana, Benjamin Amenumey, told inductees and graduates that their qualification went beyond technical competence.
In a speech read on his behalf by CIB Ghana’s Vice President, Samuel Asiama, he described the chartered banker designation as a public trust, rooted in the Institute’s statutory mandate under Act 991 to promote the study of banking and regulate professional practice in Ghana. “Today’s achievement is not just a credential,” he said. “It is a call to uphold honesty and integrity in your institutions and in your dealings with customers and society,” he further stated.
The CIB representatives linked the growing number of chartered bankers, particularly women, to broader national priorities, including financial stability, governance and sustainable economic growth. They argued that a deeper pool of ethically trained professionals was essential in a sector whose decisions directly affect households, businesses and public confidence.
Thomas Atta John, managing director of Guaranty Trust Bank Ghana and keynote speaker, said the increasing participation of women and younger professionals should be matched by an equally strong commitment to ethics and continuous learning. “Banking decisions shape lives in ways that are not always visible. That is why professionalism, integrity and relevance are non-negotiable,” he said.
Among the inductees was Eyram Amenyo Klutse, a relationship manager with First National Bank, who emerged as the overall best inductee. Speaking after the ceremony, she described the programme as demanding but transformative, offering exposure to the full breadth of banking beyond individual roles or departments. “It has not been easy combining work, study and family. But it gives you a broader understanding of the industry and reinforces the importance of ethics and professionalism,” she said.
For Rosemary Quansah, the youngest graduate, the ceremony marked the culmination of persistence after early setbacks. She urged students and young professionals to begin their professional qualifications early, warning that delaying often made the process more difficult later in life.
Ghana’s Tema Oil Refinery (TOR) has resumed crude oil processing after more than six years of inactivity, marking a major milestone for Ghana’s downstream petroleum sector.
The restart follows the successful completion of a turnaround maintenance exercise carried out over the past few weeks, bringing renewed optimism about the refinery’s future role in national energy security and industrial development.
Ezekiel E. Sottie
3 minutes read
A fifty-year-old American businessman in Ghana, Jonathan Reynolds and his spouse, Shonda Reynolds, in collaboration with the NINE23 Foundation in the United States of America, have assisted the Frankadua Community in the Asuogyaman District of the Eastern Region with two boreholes, laptops, computers and a six-seater washroom facility.
The laptops and computers donated to the three junior high schools in the Frankadua Morgadzi Electoral area would assist teachers in teaching computing more effectively and help students learn the practical lessons of computing.
The two big boreholes dug for the community will also end an acute water challenge the community has been facing. In the same way, the six-seater washrooms would go a long way to stop open defecation.
At the handing over of the projects to the community at Frankadua last Wednesday, the community used the occasion to install Jonathan Reynolds as the Development Chief of the town with the stool name Torgbi Kofi Dunenyo I.
The Regent of the town, Asempa Adrakpanya, who swore him in, was very grateful to the Torgbi Kofi Dunenyo I for his kind gesture, which has relieved the community of the water shortage they were facing and the open defecation that had persisted for many years.
‘’The whole Frankadua community is very grateful to you and your collaborators, especially Team CSR, who facilitated all the activities for the facilities you have provided. It used to be a mess in our cemetery due to open defecation. We are therefore grateful that it has come to an end as we began using the washrooms. We are indeed very grateful’’, the regent stated.
The Development Chief, Torgbi Kofi Dunenyo I, for his part, said it was not good for those of them from the diaspora to come and do business in Africa, for that matter, Ghana, without investing in the communities.
‘’I got to know of the plight of the community through the leadership of Team CSR and therefore it touched me to give back to the community, hence these projects.
I want to be emphatic and say that open defecation in this community should be a thing of the past’’, he advised.
According to him, the facilities provided would not be the end but the beginning of more to come as he was going to collaborate with his family and friends in the United States to do more for the Frankadua community, stressing ‘’the most important thing is for you to maintain them and more would be added’’.
The Chairman of Team CSR, Jonathan Akuamoah, and the collaborators of NINE23 Foundation, who provided the background on the provision of the facilities, said that his NGO, Team CSR, had supported many communities in the Asuogyaman District, including Apeguso, Mpankadan, among others.
He said that during his visit to the Frankadua community early this year, he saw many people bathing outside, which exposed their private parts. He called for his collaboration with the benefactors to take Frankadua out of such an unhealthy situation.
He advised the Frankadua community to exercise patience, maintain all the facilities they had been given, as more would be added, saying ‘’sustainability by the community is key.
An opinion leader of the community, Cephas Ayisah, on behalf of the community, thanked the benefactors for their gesture and pledged that the community’s leadership would ensure the facilities were maintained.
The Frankadua community, which is predominantly Ewes, entertained the benefactors with Ewe cultural drumming and dance, to the guests’ admiration.
The Minister of Education, Haruna Iddrisu, has challenged technical universities across the country to place employable skills and hands-on practical entrepreneurship at the centre of their academic delivery to better prepare graduates for the job market.
According to him, as the government commits additional resources to resetting Ghana’s education system, institutions of higher learning are expected to work closely with industry to develop transformational curricula that will strengthen the economy and improve standards of living.
The Minister made the call in a speech read on his behalf at the 22nd Congregation of the Koforidua Technical University (KTU) in Koforidua over the weekend.
Reading the address, the Deputy Director-General of the Ghana Education Service, Professor Smile Dzisi, explained that the government’s reset agenda is focused on making education not only accessible and inclusive, but also more meaningful and impactful.
According to him, the agenda places strong emphasis on the development of employable skills, the promotion of innovative enterprises, and the advancement of excellence in human capital both locally and internationally.
“It is expected that our institutions of higher learning will collaborate with industry in leading the conversation on transformational curricula needed to leapfrog the country into a stronger economy and a better standard of living.
“I challenge Koforidua Technical University, and by extension all technical universities, to place employable skills and hands-on practical entrepreneurship at the core of their education delivery,” the Minister stated.
The ceremony, held under the theme “Technical Education for Innovation, Employability and Global Competitiveness,” saw a total of 3,011 students graduate in various programmes.
Addressing the graduands, the Vice-Chancellor of Koforidua Technical University, Professor John Owusu, urged them to apply the practical knowledge and skills acquired to solving real-life problems in their communities.
“The challenges of the world are waiting for your solutions,” he told the graduates. “Your wealth, success, reputation and fame are hidden in the challenges around you, and it is by providing solutions that you unlock them.”
The Chief Executive of the National Petroleum Authority (NPA), Mr Godwin Edudzi Tamekloe, has expressed satisfaction with the performance of Sentuo Oil Refinery Limited, describing its contribution to Ghana’s petroleum downstream sector as significant.
Speaking at a press soirée scheduled for Monday, December 15, 2025, held at the Authority’s headquarters in Accra, Mr Tamekloe disclosed that Sentuo currently supplies about 20 per cent of the diesel consumed in the country, a development he said has significantly eased pressure on the domestic fuel market.
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Ibrahim Adjei, a former Secretary at the Office of ex-President Nana Akufo-Addo, has called on politicians to completely distance themselves from the protracted Bawku conflict, warning that political interference is undermining efforts to achieve lasting peace.
Speaking on Channel One TV’s Breakfast Daily on Monday, December 22, he disclosed that political alignment and partisan interests have only deepened tensions in the conflict-prone area, making resolution increasingly difficult.
According to him, politicians must adopt a dispassionate posture and resist the temptation to take sides, stressing that peacebuilding efforts stand a better chance when political actors allow affected communities to engage sincerely with neutral mediators.
“If a politician enters the space pushing a political agenda, it does not help the people of Bawku,” he said, adding that citizens, not politicians, are best placed to express vested interests in the conflict while leaders act strictly as honest brokers.
Ibrahim Adjei argued that once politicians decouple themselves from the conflict and relinquish political interests, the conditions would be created for credible mediation and the emergence of what he described as “green shoots of lasting peace” in the enclave.
His comments come amid renewed violence in parts of the North East Region, heightening concerns over security and enforcement of emergency measures.
Four additional houses were reportedly set ablaze in Nalerigu on Saturday night, despite the area being under curfew, raising fresh questions about the effectiveness of security deployment and response during restricted hours.
In response to the latest disturbances, authorities have announced additional restrictions in Nalerigu, including a ban on riding motorbikes and wearing smocks, as part of intensified efforts to contain the violence and restore calm.
Actor IK Ogbonna has expressed strong support for his colleague Ini Edo, who is facing backlash from the Christian Association of Nigeria (CAN) over the title of her new movie, A Very Dirty Christmas.
In a statement on Instagram, Ogbonna said he is deeply disappointed with CAN, saying they had seen the promotions for the movie title for months and chose to remain silent.
GHANA, through the Foreign Affairs Ministry, has petitioned the Economic Community of West African States (ECOWAS), to investigate alleged interference with Ghanaian businesses in Nigeria.
The petition was made at the 95th Ordinary Session of the ECOWAS Council of ministers, held in Abuja, Nigeria from Wednesday, December 10 to Friday December 12.
December 21, 2025
Okomfo Anokye Rural Bank Plc at Wiamoase in the Sekyere South District of Ashanti Region has recorded a remarkable growth in all financial indicators in the 2024 year under review.
The Bank posted a pre-tax profit of a little over GH¢ 15.4 million in the 2024 period under review as against approximately GH¢ 8.5 million in the previous year, representing a remarkable growth of 81.61%.
The significant rise in profit is attributed to improved revenues generated from operations and prudent management of recurrent expenditure both on the part of the Board, Management and the entire Staff.
By this, the Board of Directors has congratulated management and staff for the remarkable about GH¢7million profit growth which translates in absolute terms and have therefore been urged to work assiduously towards increasing the Bank’s profitability to increase shareholders’ investments. Directors of the bank have also been commended for their strategic direction and decisiveness in achieving this remarkable success.
Dividend Payment
The Board of Directors has proposed the payment of a dividend-per-share of GH¢0.0123p which gives a return of 61.5% on the Bank’s current share price of GH¢ 0.002p which the regulator has given its exceptional approval to pay the proposed dividend to shareholders.
It is the hope of the Board of Directors that the Bank’s performance will continue to improve and move towards such a positive direction to enable the continuous payment of dividends in the years ahead.
Stated Capital and Shareholders Funds
In the 2024 year under review, the Bank’s Stated Capital grew by 27.07% from GH¢2,015.259 million in 2023 to a little over GH¢2,560,762 million in 2024. Shareholders’ Funds also increased by 89.81% in 2024 from about GH¢11.4 million in 2023 to approximately GH¢21.6 million. The increase resulted from unprecedented profit achieved and rigorous sales of ordinary shares.
The Bank in spite of the growth in share capital is strategizing to sign up new shareholders, and also have existing shareholders invest more into the Stated Capital of the Bank. This will enable the growth of the Bank to be accelerated and ensure that the Bank is able to expand its operations and enhance its profitability to the benefit of cherished shareholders.
The Chairman of the Board of Directors, Dr Emmanuel Obeng announced these and more at the Bank’s 38th Annual General Meeting of shareholders held last Friday at the church auditorium of Salvation Army Church at Wiamoase in Ashanti.
Operational Environment
According to him, the financial data released by the Bank of Ghana fairly reflect aggregate figures collated from the Universal banks; rural and community banks; microfinance institutions; other special deposit taking institutions under the supervision of BoG; and those supervised by the Securities and Exchange Commission (SEC) during the period under review.
Despite global challenges, the Ghanaian economy demonstrated impressive resilience, exceeding expectations with a growth rate of 5.7% driven by strong performance in the first half of the year. The policy rate increased from 25.5% in 2023 to 27% in 2024. This increased the cost of borrowing in 2024. The inflation rate eased slightly from 24.2% in 2023 to 23.80% at the end of 2024.
The interest on 91-day Government Treasury bills declined from 29.49% to 27.73% in 2024 while the 182-day declined from 31.70% in 2023 to 28.43% in 2024. The 364-day also declined from 32.97% in 2023 to 29.95% in 2024.
The banking sector saw some significant gains. As of December 2024, Ghana’s banking sector exhibited robust growth and resilience, marked by significant increases in total assets and improved profitability. The banking sector total assets expanded by 33.8% reaching GHS367.8 billion by the end of December 2024 up from GH¢274.9 billion in December 2023. This growth was driven by sustained deposit mobilization.
The Return on equity for the banking industry declined from 34.25% in 2023 to 33.04% in 2024. The Capital Adequacy ratio (CAR) for the banking industry stood at 14% in 2024 up from 13.9% in 2023. The credit risk for the industry increased from 20.6% in 2023 to 21.8% in 2024 indicating increasing
In spite of the challenging macroeconomic environment coupled with the high inflationary rate that pertained during the reviewed year, the bank managed to pull yet another impressive operational performance in all key financial indicators supported by enhanced deposit mobilization strategies, prudent cost management and stronger credit risk controls. Revenue streams improved across key business line compared to 2023 as indicated in the table.
Corporate Social Responsibility
The Bank continues to provide support to various state institutions and stakeholders within its catchment areas. Some projects supported within the bank’s catchment areas during the year under review included that of the Local Government, Ghana Education Service (GES), the Ghana Police Service, some government health facilities and support for Farmers’ Day Celebration. For the year 2024, a total of GH¢183,877 was spent on CSR programmes for local communities.
The Board Chairman stressed that the bank is socially responsible and would continue to support projects and engage in environmentally friendly activities in the years ahead. These contributions reflect the Bank’s dedication to community development and its role as a responsible corporate entity.
Commendation / Advice
The Kumasi Manager of ARB Apex Bank, Leonard Maasang who delivered an address on behalf of the Managing Director, Alex Kwasi Awuah, congratulated the shareholders, Board, and Management of the Bank for the impressive performance of the Bank.
He commended the Board of Directors for providing strategic leadership, and Management for their operational efficiency and integrity. He added that the Bank’s 2024 results clearly indicate that Okomfo Anokye Rural Bank is becoming a model of growth through prudence and innovation.
The MD of ARB Apex Bank advised Okomfo Anokye Rural Bank to deepen its adoption of digital tools; including agency banking, mobile banking platforms, and the GhanaPay solutions, to enhance service delivery, expand outreach, and reduce operational costs.
He mentioned that digital transformation is not merely about technology; it is about building convenience and trust. He stressed that ARB Apex Bank continues to invest in shared digital infrastructure for RCBs and urged Okomfo Anokye Rural Bank to leverage these platforms to reach more customers, especially the youth and informal sector workers who increasingly prefer mobile-based services.
He further advised that to elevate profitability and sustainability Okomfo Anokye Rural Bank must first bolster loan portfolio growth and asset quality management.
With loans remaining flat amid rising deposits, channeling liquidity into high-quality, productive lending, especially to agriculture, MSMEs, and underserved segments, while tightening credit monitoring to curb impairments (which rose to GH¢2.93 million) will optimize returns as economic conditions improve.
Outlook
The Chief Executive Officer of the Bank, Paul Kwabena Oduro, in an interview with the Business & Financial Times, said the Bank would continue its good services and develop need-based products for its customers.
He has also affirmed that Okomfo Anokye Rural Bank continues to stand as a pillar of financial resilience and community empowerment. According to him, the Bank’s performance over the past year reflects not only prudent management and operational efficiency, but also the unwavering trust in customers and stakeholders placed in them.
According to him, the 38th Annual General Meeting marks yet another milestone in the Bank’s journey of resilience and innovation.
“Our operational and financial performance this year reflects the dedication of our staff, the trust of our customers, and the unwavering support of our shareholders. We have strengthened our balance sheet, expanded our customer base, and delivered value across our communities. This success is not an end in itself, but a foundation upon which we will build even greater achievements’, he stressed.
Looking ahead, Mr Oduro said management’s priority is to deepen digital transformation and broaden financial inclusion as well as investing in technology that enhances efficiency, reduces transaction costs, and improves customer experience.
He stressed that the credit department of the Bank would continue to design products tailored to the needs of farmers, traders, SMEs, and households, ensuring that the Bank’s growth is inclusive and sustainable.
“By leveraging partnerships and strengthening our risk management framework, we will safeguard profitability while expanding our reach,” he said
“We are committed to positioning Okomfo Anokye Rural Bank as a leader in community‑focused banking. Our strategy emphasises innovation, customer loyalty, and prudent financial stewardship. With the continued support of our stakeholders, we will not only consolidate our gains but also unlock new opportunities for growth. Together, we will ensure that the Bank remains a trusted partner in driving prosperity for individuals, businesses, and the wider economy.