Senior Economist and Director of Research at the IEA, Dr John Kwakye

The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, has described the government’s takeover of the Damang Mine as a step in the right direction.

According to him, this action should be replicated for all mining leases that are set to expire soon.

Dr Kwakye’s comments follow the government’s decision not to renew the mining lease, which expired on Friday, April 18, 2025.

In a tweet sighted by GhanaWeb Business, the IEA Director of Research stated, “Restoration of Damang to state ownership is an important, bold step that should be replicated for all expiring mining leases.”

The Minister of Lands and Natural Resources, Emmanuel Armah-Kofi Buah, on Friday, April 17, 2025, announced that the government’s takeover of the Damang Mine, effective Saturday, April 19, 2025, marks a departure from the era of automatic mining lease renewals.

He added that the time when less-developed countries were controlled by developed nations through indirect means has come to an end.

In a press release sighted by GhanaWeb Business, the minister explained that the takeover aligns with Section 23 of the Minerals and Mining Act, 2006 (Act 703).

The Act represents a significant shift in Ghana’s natural resource management strategy, prioritising national interest and transparency over automatic lease renewals.

The minister further noted that the takeover underscores the government’s commitment to ensuring uninterrupted mining operations and safeguarding jobs.

The decision not to renew the mining lease follows the expiration of the initial 30-year lease, originally granted on April 18, 1995, and ending on April 18, 2025.

The government has stated that this move is part of a broader mission to transform the nation’s economic landscape.

SA/MA

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The European Union has ordered Apple and Meta to pay a combined €700m (£599m) in the first fines it has issued under legislation intended to curb the power of big tech.

It has issued a €500m (£428m) fine to Apple over its App Store, while Meta has been fined €200m (£171m) over how much choice users had to consent to data collection.

“We have a duty to protect the rights of citizens and innovative businesses in Europe,” Commissioner Henna Virkkunen said in a statement.

The two tech firms have reacted angrily, with Meta accusing the EU of “attempting to handicap successful American businesses” and Apple saying it was being “unfairly targeted” and forced to “give away our technology for free.”

The fines are lower than some of those issued by the EU in the past but – given the heightened economic tensions with America – still risk angering US President Donald Trump.

The US has levied a 10% tariff on imports from the EU, which Trump has accused of “taking advantage” of America.

EU spokesperson Arianna Podesta insisted the matters were “completely separate”, telling the BBC: “This is about enforcement, it’s not about trade negotiations.”

The White House has been contacted for comment.

Data and apps

The European Commission – the EU’s executive – started both investigations last year under a new law brought in to promote fairness in the tech sector called the Digital Markets Act (DMA).

The case against Apple was over its App Store.

The Commission says it must freely offer alternative app marketplaces to users and app developers – and says Apple was in breach of this.

Meanwhile, Meta’s fine was over the choices it offered on data collection.

Meta introduced a “consent or pay” model, which meant users had to choose between allowing Meta to combine data it had collected on Facebook and Instagram, or paying a monthly subscription.

The Commission says this model did not allow users to freely consent to how their data was used.

In November, Meta introduced another option, which the Commission says “allegedly uses less personal data to display advertisements.”

The Commission is currently assessing the new option.

In both cases, the Commission says the size of the fine takes into account “the gravity and duration of the non-compliance”.

Both companies have 60 days to comply or risk further fines.

“Apple and Meta have fallen short of compliance with the DMA by implementing measures that reinforce the dependence of business users and consumers on their platforms,” said Commissioner Teresa Ribera.

“As a result, we have taken firm but balanced enforcement action against both companies, based on clear and predictable rules.”

Apple said the Commission had made “a series of decisions that are bad for the privacy and security of our users, bad for products, and force us to give away our technology for free.”

It also accused the Commission of “[moving] the goal posts” during their meetings.

Meta said the ruling means Chinese and European companies are allowed to operate to different standards compared to American businesses.

“This isn’t just about a fine; the Commission forcing us to change our business model effectively imposes a multi-billion-dollar tariff on Meta while requiring us to offer an inferior service,” it said in a statement.

Epic dispute

The fines are relatively small given the tech companies’ huge worldwide revenues – and are a fraction of Google’s €2.4bn fine from last September.

But they are significant in the context of the current global economic situation.

In February, Donald Trump’s White House issued a memorandum complaining about EU and UK regulation of American tech firms.

“Today’s decisions are important in that they confirm that the European Commission will not back down,” Anne Witt, professor of law at the EDHEC Business School in France, told the BBC.

Prof Witt said the disagreement was “not so much about substantive antitrust principles,” given the US government is itself taking a number of big tech companies to court over alleged monopoly power.

They are more “about the fact that European institutions are telling US companies how to behave, even if these decisions are limited to have these companies behave on European soil,” she added.

One company pleased with the ruling against Apple is Epic Games, the makers of Fortnite.

They had a long-running dispute over the distribution of their apps on Apple devices.

Epic Games chief executive Tim Sweeney said the ruling was “great news for app developers worldwide” in a thread on X.

He urged the US to pass similar legislation which would allow developers to distribute their apps without using Apple’s App Store, which charges fees for using its platform.

A US-based think tank, which is partly funded by big tech firms including Apple and Meta, came out against the decision.

The Information Technology and Innovation Foundation said the European Commission “has made clear that the DMA will be used to extract revenues from U.S. firms even as they continue striving to comply with its strictures.”

“The Commission’s actions today will not be well received by the Trump administration,” it said.

The UK is also investigating big tech companies over alleged monopoly power, after a digital competition law was brought in last year focusing on companies with large market shares.

“Apple and Google’s mobile ecosystems and Google’s general search and search advertising services are currently being investigated for potentially having this status, and it is likely that other US tech giants and platforms will face similar investigations in the near future,” said Andrew Maxwell, partner at law firm Freeths.

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The Financial Intelligence Centre (FIC) has frozen the accounts of Bernard Antwi Boasiako alias Chairman Wontumi, the owner of Akonta Mining and Ashanti Regional chairman of the New Patriotic Party (NPP), GhanaWeb has learnt.

Information available to GhanaWeb also indicate that all bank accounts related to the embattled mining firm, Akonta Mining have been frozen by the FIC.

The FIC, as per a document sighted by GhanaWeb is acting in accordance with Section 56(1) of the Anti-Money Laundering Act, 2020

“FREEZING OF ACCOUNTS – 1. BERNARD ANTWI BOASIAKO (a.k.a. CHAIRMAN WONTUMI) •

2. AKONTA MINING

3. HALLMARK CIVIL ENGINEERING LIMITED

“In accordance with Section 56(1) of the Anti-Money Laundering Act, 2020 (Act 1044), you are hereby directed to immediately freeze all accounts in relation to and in association with the above-named subjects pending further directives,” parts of a letter from the FIC to the relevant financial institutions read.

Chairman Wontumi and Akonta Mining Company have been in the news recently following the revocation of the license of the firm by the Minerals Commission, acting on the orders of the Minister of Lands and Natural Resources.

At a press conference held on Monday, April 21, 2025, lands minister, Emmanuel Armah-Kofi Buah described Akonta Mining Company as a criminal syndicate, allegedly undertaking criminal activities in Ghana’s forests.

The FIC, under the leadership of Ing. Kwadwo Twum Boafo has stepped up efforts against money laundering, making some bold and decisive moves.

It will be recalled that the FIC in March froze the accounts of businessman Richard Nii Armah Quaye and his companies’ following investigations into his activities.

AM/KA

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KFC Ghana has unveiled an exciting new initiative to celebrate the nation’s vibrant art scene. The KFC Art Competition invites talented Ghanaian artists to submit original works inspired by local themes, landmarks, and flavors for a chance to win cash prizes, a year of free KFC meals, and the prestigious opportunity to have their artwork displayed in KFC stores across the country.

The competition opened for submissions from the 13^th of April and will remain open until 7th May 2025, giving artists four weeks to send in their entries.

Accepted formats include paintings, drawings, sketches, graffiti, and sculptures – all of which should reflect Ghanaian culture and lifestyle. Bonus consideration will be given to pieces that incorporate landmarks near KFC locations, creating a unique connection between the art and the brand’s presence in local communities.

To enter, participants must submit high-resolution images of their artwork along with an artist profile via Google Drive to [email protected].

The selection process will feature two exciting phases: first, the competition committee will shortlist public will vote on KFC Ghana’s Top 10 artworks; then, a Top 5 will be selected by popular vote via KFC Ghana’s social media pages. These finalists will then be judged by a panel of art industry experts who will determine the Top 3 winners.

The winning artists will be announced in June 2025, with their work featured in KFC locations nationwide throughout the year. Beyond the grand prizes, the competition offers all participants valuable exposure, as KFC Ghana plans to highlight submissions across its digital platforms.

Derick Darko, Marketing Manager of KFC Ghana, shared his enthusiasm for the project: “This competition is more than just an art showcase – it’s a celebration of Ghana’s creative spirit. We’re proud to provide a national platform that elevates local talent while bringing art and community together in our restaurants.”

Art enthusiasts and aspiring participants are encouraged to follow KFC Ghana’s official social media channels for competition updates and to witness the incredible talent on display. With its unique blend of cultural celebration and brand engagement, the KFC Art Competition promises to be a landmark event in Ghana’s art calendar this year.

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Portia Dzifa Dzilah is an award-winner

Ghanaian teacher Portia Dzifa Dzilah from Pakro Anglican Basic School, has made history as the first-ever Ghanaian regional winner of the 2025 Cambridge Dedicated Teacher Awards organised by Cambridge University Press and Assessment in Sub-Saharan Africa.

Selected by the judges for her incredible dedication to the young people in her community, Portia is the first Ghanaian teacher to be recognised as a regional winner in the competition’s seven-year history.

Portia is one of nine regional winners of the global Cambridge competition that celebrates the achievements of teachers around the world.

As a regional winner, she will win £500 worth of books for her class, a trophy, take part in a regional awards ceremony presented with our education partner NNF Esquire, and receive publicity for herself and her school during the coming year.

She will also appear on a ‘Thank you’ page at the front of a range of new Cambridge textbooks, available to the public from November 2025.

Portia is a subject teacher at Pakro Anglican Basic School situated in Akwapem South Municipal Assembly in the Eastern region of Ghana.

Pakro is a farming community facing challenges like truancy, teenage pregnancy, and low school enrolment, especially for girls.

Portia, through her dedication has mentored girls on food and sanitary initiatives and formed a gender club for her students as their first step to a transformed life.

Speaking on her nomination Portia said, “This recognition is not just about me; it’s about the children of Pakro and every girl who’s ever been told her dreams are out of reach. I became a teacher to do more than deliver lessons, I became a teacher to change lives. My mission has always been to make sure no child is left behind. Education is a lifeline, and I will continue to fight for every child to have access to it. Because when we invest in our children, we invest in the future of our communities.”

Rod Smith, Managing Director of International Education said, “At Cambridge, we are constantly inspired by the stories of teachers who go above and beyond, not for recognition but because they believe in the power of education to change lives. In an industry where AI is making all the headlines, it’s uplifting to see the warmth and humanity that this year’s winners have brought to their classrooms.

“These awards are a yearly reminder that teachers remain the most vital part of delivering a rounded education. Technology, no matter how sophisticated, cannot replicate the empathy, creativity, social guidance and the sheer inspiration that a great teacher like Portia can provide. I congratulate Portia on her immense accomplishments, which I’m sure will inspire teachers and learners across Ghana.”

About the Awards

The Cambridge Dedicated Teacher award nominations are set to appreciate educators who go beyond classroom to shape futures. The 2025 competition received over 5000 nominations for teachers in 101 different countries around the world.

Global winner voting now Open!

Portia now advances to the global finals where the public can vote for her to become overall 2025 Cambridge Dedicated Teacher Awards winner. Voting is open at dedicatedteacher.cambridge.org/vote. The deadline to vote is 30 April 2025 and the winner will be announced on 21 May 2025.

About Cambridge

Cambridge University Press & Assessment is part of the University of Cambridge.

Our International Education group works with over 10,000 schools in 160 countries to provide education that shapes knowledge, understanding and skills.

Together, we give learners the confidence they need to thrive and make a positive impact in a changing world. We offer a globally trusted and flexible framework for education from age 3 to 19 (the Cambridge Pathway), informed by research, experience, and listening to educators. With internationally recognised qualifications (such as Cambridge IGCSE and International AS & A Level), high-quality resources, comprehensive teaching support and continuing professional development, we help schools prepare every student for the opportunities and challenges ahead. Together, we help Cambridge learners be ready for the world.

Dr Johnson Pandit Asiama is the Governor of the Bank of Ghana

The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has called on the International Monetary Fund (IMF) to prioritise measures aimed at achieving debt sustainability.

According to him, the IMF must ensure that its debt sustainability framework remains fit for purpose.

Speaking during the IMF/World Bank meetings on the theme, “Debt Vulnerabilities in Developing Countries: A Key Challenge for Achieving the Sustainable Development Goals (SDGs)”, Dr Asiama said, “strengthening the debt sustainability framework to proactively prevent unsustainable debt accumulation without unduly limiting access to much-needed development assistance is essential.”

The BoG Governor continued, “The IMF should ensure that the debt sustainability framework remains fit-for-purpose and effectively captures the unique vulnerabilities of developing countries, including climate-related debt risks and new debt instruments.”

Dr Asiama emphasised the importance of refining the IMF’s debt sustainability toolkit, stating, “We urge the IMF to enhance its risk assessment tools and early warning systems to timely identify potential debt sustainability issues. We expect the ongoing review of the LIC DSA to take stock of shortcomings and address them.”

SSD/MA

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By Morkporkpor Anku  

Accra, April 23, GNA – Dr. Johnson Pandit Asiama, Governor, Bank Of Ghana, says steps are being taken to reduce and stabilize inflation, and build reserves amid sound fiscal policy consolidation measures.  

He said across the continent, central banks had taken bold steps to strengthen transparency, independence, and credibility.  

The Governor was speaking at the African Leaders & Partners Forum in the United States America on the theme: “Africa & The U.S.: Shaping A Trade-Driven Future.”  

Total U.S. goods trade with Africa in 2024, reached $71.6 billion, with a $7.4 billion surplus in favor of the continent.  

He said stability alone was not a panacea for sustainable partnership but rather it was the starting point.  

He said as African Growth and Opportunity Act (AGOA), pact nears expiration in 2025, in its renewal, “we must reshape AGOA to align with Africa’s industrial goals, ensure rules-based access, and embed incentives for value added exports.”  

The Act, enacted in 2000, was a watershed trade moment granting duty free access to the U.S. market for eligible African countries and opening space for deeper trade cooperation.  

Yet over the past two decades, this relationship has remained narrowly centered on exports of raw materials, extractives and some activity in the energy sector.  

Ghana offers a powerful case study within this broader narrative and under AGOA, Ghana has emerged as a top beneficiary, exporting not only oil but also cocoa, textiles, and handicrafts to the U.S.  

Between 2019 and 2024, Ghana–U.S. trade averaged $2.5 billion annually, representing about 15 per cent of Ghana’s total exports. In 2024, bilateral trade reached $2.48 billion, with Ghana exporting $1.60 billion, primarily crude oil, cocoa, and timber, and importing $874 million, resulting in a trade surplus of over $730 million.  

He said a sound macro environment needs a resilient financial system beneath it to support growth.  

He said Ghana’s Financial Stability Fund, developed with international partners, had supported post-pandemic solvency and governance reform.  

Dr Asiama said across Africa, “we need to further embed technology in supervision using Suptech and Regtech, improving accountability, and enabling our financial institutions to support private-sector-led growth.”  

He said the task was to build systems that would transform ideas and interest into tangible investment and turn risks into opportunity, while deepening trade integration and addressing the financing constraints that continued to hold back Africa’s export potential.  

He said as global supply chains were redefined, Africa must move from being a source of raw materials to a destination for investment across high-impact sectors, adding that in Ghana, that opportunity was real and immediate.  

GNA  

CA

CorpsAfrica/Ghana held its third successful Pitch Day in Accra.  The event featured powerful presentations by current Group 3 Volunteers, each pitching innovative, community-led projects to a distinguished audience of potential funders, development partners, alumni, and supporters. 

Inspired by the popular TV show Shark Tank, Pitch Day is more than just a showcase—it’s a transformative platform aimed at funding sustainable, high-impact initiatives developed by young African leaders. 

A release issued by the organisation said the event also strengthens CorpsAfrica’s mission of promoting local ownership in development, fostering African philanthropy, and building the leadership capacity of youth through real-world experiences in proposal development, public speaking, fundraising, and networking. 

It said five inspiring Volunteers from across Ghana’s Central, Volta, and Northern Regions took the stage, each highlighting urgent needs within their communities: Cyprian W. Awiah – School Block Renovation in Pagazaa, Northern Region; Bellama Gado – Mechanized Borehole in Effutu Kokoado and Tayido, Central Region; Mildred A. Adeaba – Grasscutter Rearing & Tricycle Transportation in Effutu Kokoado, Central Region; Benjamin A. Lugu – Tilapia Fish Farming in Kpeve Tornu, Volta Region, and Mudasir M. Abubakari – Stream Dredging for Irrigation in Moglaa, Northern Region.

“The “Sharks” panel—comprising respected leaders from the African Women’s Development Fund, CAMFED, Farrelly Mitchell, and Prudential Bank Limited—offered valuable feedback, encouragement, and potential support to these bold changemakers,” it said.

The Country Director for CorpsAfrica/Ghana, Jessica Musey, said “this is not just an event, this is a celebration of human potential.” 

Key individuals also present included Michael Abbiw, President of CIMG and CEO of MGA Consulting Ghana, and Jerry Adjorlolo, who served as Master of Ceremonies and skillfully led the fundraising session. 

This event underscores CorpsAfrica’s dedication to empowering local communities and redefining development through grassroots leadership. 

Now in its third year in Ghana, CorpsAfrica currently has deployed 41 Volunteers into 41 communities, each one working hand-in-hand with local residents to identify pressing needs and co-create meaningful solutions in the areas of WASH, education, health, and infrastructure. 

Chief of Army Staff, Major General Lawrence Kwaku Gbetanu, has issued strong warning to those behind the ongoing unrest in Bawku, cautioning that any assault on civilians or military personnel will be classified as extremism and dealt with accordingly.

Speaking at a press briefing after touring the conflict-prone town in the Upper East Region on Wednesday, Major General Gbetanu stressed the Ghana Armed Forces’ readiness to decisively clamp down on violent elements.

“I’ll serve a word of caution to all, especially those fomenting the trouble in Bawku, that their days are getting numbered. Any attack on innocent civilians or any military personnel will be considered as an act of extremism and will be met with the deliberate full strength and resolve of our forces,” he declared.

He warned that there would be “no safe haven” for those choosing violence over peace and assured that armed perpetrators will be pursued and brought to justice.

“We will pursue every individual involved. And justice will be served,” he assured.

Major General Gbetanu also appealed directly to the youth, encouraging them to embrace dialogue and development instead of violence.

“Lay down your arms, return to the path of peace. Your future does not lie in bloodshed but in building, learning, and growing your country,” he said.

Earlier in the day, the Chief of Army Staff paid a courtesy call on the Kusaug Traditional Council. During the meeting, he called for collaboration between traditional authorities and the security services to help restore calm.

He also urged chiefs to help rein in the youth and discourage any confrontational behaviour toward military personnel, stressing the need for mutual respect to maintain stability in the area.

The visit marks Major General Gbetanu’s first official tour of Bawku since assuming office.

Governor of the Bank of Ghana, Dr Johnson Asiama

Governor of the Bank of Ghana, Dr Johnson Asiama, has given a stark warning about Africa’s escalating debt crisis, calling for urgent international action to prevent further setbacks to the Sustainable Development Goals (SDGs).

Speaking at the African Consultative Group Meeting in Washington, D.C., on April 22, 2025, Dr Asiama revealed that nearly half of Sub-Saharan African countries are now at high risk of, or already in, debt distress, with interest payments surpassing health and education spending in many nations.

“Many developing countries, especially in Africa, face high and rising debt levels, with a shift in creditor composition, high rollover risks, and substantial financing needs, particularly following the recent successive shocks.

“These include the COVID pandemic, geopolitical tensions, financing squeezes, and climate-related disasters. Consequently, many African countries are contending with crippling debt service obligations, with about half of Sub-Saharan African countries at high risk of, or already in, debt distress at the end of 2024,” he said.

According to the Governor, this debt distress severely affects spending for social and development among the affected countries, which is further worsened by reduced international assistance.

“This severely constrains fiscal space for essential social and development spending and hinders progress towards achieving the SDGs. Most concerning is that per capita public expenditure on interest payments in Africa has surpassed spending on health and education, exacerbated by declining overseas development assistance,” he added.

Dr Asiama urged the IMF to bolster concessional financing through tools like the Poverty Reduction and Growth Trust and the Catastrophe Containment and Relief Trust.

“We urge the Fund to engage actively with members to secure the financing assurances needed for the distribution of GRA income

under the multi-year framework, ensuring its timely and effective implementation,” he said.

He also called for a revamped debt sustainability analysis (DSA) to better address climate risks and new debt instruments and demanded streamlined restructuring processes and private creditor participation.

“The IMF should ensure that the debt sustainability framework remains fit for purpose and effectively captures the unique vulnerabilities of developing countries, including climate-related debt risks and new debt instruments,” he said.

Dr Asiama stressed that African nations are committed to fiscal reforms but need coordinated support.

“Given the debt vulnerabilities exacerbated by climate change, we call for enhanced collaborative efforts. This includes proposing ambitious yet achievable and monitorable concessional financing options, establishing joint financing mechanisms, and developing common policy frameworks,” he concluded.

ID/MA

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The 9th Ghana CEO Summit has officially been launched at Kempinski Hotel Gold Coast City, Accra on Wednesday, April 23.

The Summit under the theme “Leading Ghana’s Economic Reset: Transforming Business and Governance for a Sustainable Futuristic Economy- A Private-Public Sector CEO Dialogue & High-Impact Learning,” will, as usual, celebrate outstanding leadership in corporate Ghana.

It will take place on Monday, May 26, 2025, at the Kempinski Gold Coast Hotel in Accra.

Speaking at the launch, Mr Ernest Egyir, founder of the CEO Summit, emphasised the pivotal role the summit plays in shaping Ghana’s economic future.

“As our country navigates through global uncertainties and local challenges, the call for courageous, innovative, and forward-thinking leadership has never been more pressing,” he stated.

He revealed that this year’s summit will be graced by a high-profile guest, emphasising the event’s national importance.

“I’m honoured to announce that the special guest of honour for this year’s summit will be none other than the President of the Republic of Ghana, President John Mahama. His presence underlines the summit’s significance as a national platform for dialogue between the public and private sectors,” Mr Egyir said.

The Ghana CEO Summit, an annual forum that convenes chief executives, heads of state, policymakers, and investors from across Ghana and the West African sub-region, has established itself as a cornerstone for promoting strategic dialogue and driving economic transformation.

“It is where leadership meets action, where strategy meets policy, and where ideas are turned into transformation,” Mr Egyir added.

He revealed that key highlights of the 2025 summit will include major panel discussions covering critical themes such as “Resetting Ghana’s Economic Narrative,” the exclusive “Presidential Business Dialogue with CEOs” – where the President will set the tone for the summit – and the “CEO Business Keyspan,” which will showcase insights from local giants and African multinationals.

According to him, the “Digital Economy Panel” will delve into how Ghana can leverage technology to drive its next leap forward, while the “Ghana Economic Outlook Panel” will explore strategic pathways for navigating the future.

The summit aims to bring together Ghana’s top business minds and leadership figures to define strategies that will reset, renew, and reposition the country’s economy for the years ahead.

Some of these top figures include the Country Managing Partner of Deloitte Ghana, Daniel Kwadwo Owusu, the Chief Executive Officer of Petrosol Ghana Ltd, Michael Bozumbil, the Executive Chairman of the KGL Group, Alex Apau Dadey.

The Dean of the Law School, University of Professional Studies, Accra (UPSA), Prof Kofi Abotsi, hinted at a wave of innovative programmes and initiatives to be unveiled in the coming year.

Prof Abotsi highlighted the need to sustain the relevance of platforms like the CEO Network, especially in leading national conversations on business and economic development.

“As we approach our 10th anniversary, I can assure you that there are creative and innovative programmes and products that are likely to be unveiled next year, all aimed at continuing to position the CEO Network as a central voice in business and economic discourse in Ghana,” he said.

Professor Abotsi offered a strong call to action, encouraging widespread participation in this year’s summit.

“I urge everyone to register and attend this year’s gathering as it promises to deliver unique insights into the theme of re-energising the economy,” he stated.

Touching on broader global and national issues, Professor Abotsi warned of the urgent challenges confronting the world and Ghana, including economic instability, the effects of climate change, and the impact of artificial intelligence on the future of work.

“Globally, we’re navigating economic turbulence, climate change is confronting us head-on, and AI is reshaping the workplace. More critically, we are facing a growing mass of unemployed youth, who risk becoming not our democratic dividend, but our democratic danger,” he cautioned.

He stressed that the employment crisis should be of concern to every corporate entity in Ghana and called for a unified response.

“I believe it is vital that all companies be deeply concerned about the employment challenge. I urge all of us to be present at the CEO Summit on 26th May, to participate and ensure that we contribute meaningfully to the development of our country,” Prof Abotsi concluded.

The 9th Ghana CEO Summit was officially launched by Moses Kwasi Baiden Jnr, Chief Executive Officer and Founder of Margins ID Group.

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Featured

Kester Aburam Korankye, Washington, D.C.

Business News

Apr – 23 – 2025 , 18:44

Jordan Ayew is a player of Leicester City

Leicester City forward Jordan Ayew, has been revealed as the most-fouled player in the Premier League since 2020.

The former Crystal Palace forward tops the list shared by The Sun Football ahead of more high-profile names like Bukayo Saka, highlighting his underrated influence and the physical challenges he faces week in, week out.

Since the start of 2020, Ayew has been fouled a staggering 356 times, placing him at the top of the league’s most-fouled list. above some of the division’s biggest names.

Trailing closely behind are Aston Villa captain John McGinn with 354 fouls, and Leicester City’s creative force James Maddison, fouled 337 times. Newcastle United’s Bruno Guimarães and Manchester City’s Jack Grealish round out the top five, with 325 and 309 fouls, respectively.

Perhaps the most surprising detail is Bukayo Saka’s position, sixth on the list with 292 fouls.

Known for his quick feet and fearless style of play, the Arsenal star often draws heavy challenges from defenders, a trend that has sparked ongoing debates about player protection in the league.

Meanwhile, Wilfried Zaha, long considered one of the most fouled players in English football, ranks seventh with 266 fouls, a testament to how much physical attention the league’s attacking threats continue to receive.

These stats highlight not only the skill and danger posed by these players but also the intense physical demands placed on them each week in the Premier League.

FKA/MA

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Ebi Bright has been appointed as the Tema Mayor

President John Dramani Mahama has appointed Ebi Bright as the Mayor of the Tema Metropolitan Assembly.

She was the parliamentary candidate for Tema Central in the just-ended 2024 general elections.

Before her appointment, some youth from Tema stormed the premises of the Tema Metropolitan Assembly, demanding that an indigene be appointed as mayor instead of Ebi Bright.

The protest was marked by the burning of car tyres and the rhythmic beating of drums, aimed at sending a strong message to the authorities.

“We are here with heavy hearts to register our displeasure,” the group said.

“We are hearing that Ebi Bright is to be made the Mayor of Tema, but that is not going to happen. She wasn’t even part of the whole process, so why are they bringing her in as mayor? This is something we do not understand,” they said.

However, Ebi Bright’s team responded, stating that she is a true member of the Tema community.

She lost the parliamentary election to the NPP’s Charles Forson after initially being declared the winner in the first round of counting.

SSD/MA

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Dr. Abubakar Bawah Abdulai has been appointed as new CEO of Tamale Teaching Hospital

President John Dramani Mahama has appointed Dr Abubakar Bawah Abdulai as the new Chief Executive Officer of the Tamale Teaching Hospital (TTH).

Dr Abdulai is a senior official at the University for Development Studies (UDS).

His appointment follows the dismissal of the former CEO of the Tamale Teaching Hospital, Dr Adam Atiku, after allegations of negligence that reportedly led to the recent death of a patient at the hospital’s Accident and Emergency Ward.

Dr Atiku’s the dismissal was carried out by the Minister of Health, Kwabena Mintah Akandoh, following a visit to the hospital on Tuesday, April 22, 2025, to assess the situation firsthand.

“I have formally sacked the CEO of the Tamale Teaching Hospital with immediate effect,” Joy News quoted Kwabena Mintah Akandoh as saying.

The Ghana Medical Association (GMA) has criticised the Minister of Health, Kwabena Mintah Akandoh, for his dismissal of the CEO, which followed a heated confrontation.

In response to the incident, which has attracted widespread public attention, the GMA, the umbrella body representing medical professionals, described the minister’s actions as an “abuse of power.”

The GMA stated that the manner in which the dismissal was executed was inappropriate and failed to comply with legally required procedures.

“The GMA strongly condemns the unfortunate treatment of the doctors at the Emergency Unit of the Hospital during the visit by the Minister of Health and the Member of Parliament (MP) for Tamale North and subsequent dismissal of the Chief Executive Officer (CEO) of the Hospital.

“The manner in which the dismissal was carried out is an affront to due process and abuse of power by the Hon. Minister of Health. The GMA stands in solidarity with our colleagues in the wake of these injustices being perpetuated,” the association said in a statement dated Wednesday, April 23, 2025.

Signed by the President of the GMA, Dr. Frank Serebour, and the General Secretary, Dr. Richard Selormey, the statement further condemned the public interrogation of a patient’s death by the minister.

SSD/MA

Meanwhile, watch GhanaWeb’s tour of Odweanoma Paragliding Field below:

Professor Godfred Bokpin, Economist

An economist, Professor Godfred Bokpin, has emphasised the urgent need for Ghana to scale up its agricultural productivity in the face of escalating global trade wars.

According to him, Ghana does not produce enough to meet its domestic needs, a challenge that threatens the country’s long-term sustenance.

He noted that current developments on the global stage should serve as a wake-up call for Ghana to make significant investments in agricultural production.

“If you look at Ghana, we’re not even producing enough to feed ourselves, let alone think about exporting. We rely heavily on imports from countries like Burkina Faso, Mali, and Niger, so there’s definitely room to grow,” Professor Bokpin said.

He added, “We have the potential to transform our economy through agriculture, agribusiness, and agro-processing. Once we achieve self-sufficiency, we can then focus on exporting to neighboring countries. Africa’s food deficit runs into billions of dollars, there’s a huge market waiting.”

Meanwhile, the International Monetary Fund (IMF) has revised its global economic growth forecast for 2025 down to 2.8%, a decrease from the 3.3% projection made in January.

This revision is largely attributed to intensifying trade disputes, particularly between the United States and its key trading partners, most notably China.

SSD/MA

Meanwhile, watch GhanaWeb’s tour of Odweanoma Paragliding Field below: