Osagyefo Oseadeeyo Dr Agyemang Badu II, the Dormaahene and President of the Bono Regional House of Chiefs, has boldly stated he would never support the ruling National Democratic Congress (NDC) until his death.
Speaking in a viral video, the Dormaahene revealed he had been a member of the New Patriotic Party (NPP) before serving as a Court of Appeal judge.
The Ghana National Fire Service (GNFS) has warned civilians against attacking firefighters on duty, cautioning that perpetrators risk prosecution and sanctions.
Recent incidents include civilians assaulting fire personnel over delayed responses or faulty equipment. One firefighter was reportedly stabbed in Madina in the Greater Accra Region.
Speaking to Citi News during a public education campaign, Weija Divisional Fire Commander, DCO II Isaac Saah, said attacks not only endanger personnel but also delay firefighting operations, potentially putting entire communities at risk.
“While attacks place our personnel in danger and demoralize them, they also delay our work, sometimes exposing entire areas to serious risk,” he said. The campaign, he added, aims to educate the public and prevent future attacks.
DCO II Saah explained that while delays may occur due to faulty appliances or late reporting by the public, it does not mean firefighters are shirking their duties. He stressed that the service will not hesitate to take legal action to protect its personnel.
Between January and November 2025—excluding May, June, and July, when the Weija station could not respond due to a faulty truck—the division attended to 51 incidents.
Fourteen domestic fires constituting a greater share of the incidents occurred. Electrical installation fires followed with 10 incidents. Nine commercial fires were recorded, recorded crown/bush and refuse dump fires stood at seven, three institutional fires, two vehicular fires and two accident cases were responded to.
In addition, the command attended to one mob attack incident while receiving one false alarm.
Addressing officers after the route march, DOII Saah admonished them to avoid excessive drinking lifestyle and be more vigilant during this festive period.
He also admonished officers to continually upgrade themselves by pursuing higher academic credentials as well as updating themselves on the Ghana Fire Service’s operational modules.
Ghanaian business mogul Osei Kwame Despite has spoken out amid the controversy surrounding the late Daddy Lumba, addressing tensions before, during, and after the musician’s death.
In an interview with Fiifi Pratt, Despite, who worked closely with Lumba for nearly two decades, emphasized that he could not take sides in the feud between the late singer’s wives, Serwaa Broni and Akosua Serwaa.
“As someone who worked with Daddy Lumba for almost twenty years, there was no way I could side with one party at the expense of the other,” he said.
He further revealed that upon learning of Lumba’s death, he donated GHC 100,000 to the family, explaining that the funds could be used to support preparations for the one-week celebration as well as domestic needs.
“Because mourners would be trooping to their homes to commiserate with them,” he added.
Despite recounting his cordial relations with both wives. “Akosua Serwaa called me from Germany immediately after hearing about her husband’s death.
“She intended to travel to Ghana, and I even made one of my vintage cars available to her confidante, Papa Shee, to use when they arrived and paid a courtesy call,” he stated.
On his relationship with Serwaa Broni, Despite said, “I have maintained a very good rapport with Odo Broni. I wonder why my name has been dragged into the melee, with some accusing me of supporting one side.
“It was morally wrong for me to support one against the other in this sombre moment, to make one side laugh while the other mourns.”
He concluded by urging Ghanaians to respect his position, stressing that Daddy Lumba’s legacy deserves dignity. “I ask Ghanaians to make my name rest. Lumba’s legacy deserves decorum,” he said.
-mynewsgh
Rev Isaac Owusu Bempah is founder and leader of Glorious Word Power Ministries
Reverend Isaac Owusu Bempah, Founder and Leader of Glorious Word Power Ministries, has described Ghana’s recent economic stability as clear evidence of God’s blessings on the nation.
Delivering a sermon during the church’s 2025 Christmas celebration, he said the performance of the cedi against the dollar and the relative ease with which Ghanaians celebrated the festive season reflected a noticeable improvement in the economy.
Why NDC is likely to lose 2028 general elections – Rev Owusu Bempah drops fresh prophecy
According to him, many people were able to enjoy the holiday period more than in previous years due to reduced financial pressures.
“Look at the blessings of God upon Ghana; whether you like it or not, it is a fact that cannot be denied. Look at the cedi’s performance against the dollar this Christmas. Ghanaians have really enjoyed this year’s Christmas,” he remarked.
He also attributed this development to good leadership, noting that President John Dramani Mahama and the Vice President believe in divine guidance and dedicate time to pray for the nation.
God has spoken – Reverend Owusu-Bempah speaks on Mahama’s victory
“The President and his Vice President can pray for over two hours for Ghana. The President believes in divinity, and the way I see it, Ghana is going to get better,” he added.
Watch the video below:
Ghana Ayɛdɛ because of good leadership, I’m not doing Politics 😳 Prophet Owusu Bempah Praises president John Mahama pic.twitter.com/SBgPz7s80Q
— Mahama The President (@CitizenTechiman) December 29, 2025
JKB/MA
Christmas Festivities: Avenor traders, buyers speak on livestock sales
The sound, style, and spirit of the 1990s are set to take centre stage once again as Joy FM prepares to host its much-anticipated 90’s Jam, a lively celebration of the music and culture that defined a generation.
Often described as a golden era for music, the 1990s produced timeless songs and iconic artistes whose influence is still felt today. As excitement builds towards the 2026 edition of Joy FM’s 90’s Jam, the event offers a reminder of why music from that decade continues to resonate across generations.
The nostalgia-filled party comes off on Friday, January 2, at Pleasant Gardens in Dzorwulu, Accra. Activities will begin at 6:00 pm and will continue through the night until dawn, promising hours of non-stop music and entertainment.
Patrons can expect an unforgettable blend of sounds, from Ghana’s classic highlife and early hiplife to chart-topping hip-hop, R&B, and pop hits from the United States. The event brings together rhythms that once ruled radio waves and dance floors, creating a shared musical experience for old and new fans alike.
More than a concert, the 90’s Jam is a throwback journey into an era of bold fashion, signature dance moves, and music that never goes out of style. Pleasant Gardens will be transformed into a retro playground, complete with neon lighting, vintage décor, and themed photo booths inspired by the decade.
A range of food and drink vendors will be on hand to keep the energy high as the night unfolds. Whether you remember the days of cassette tapes, boomboxes, and MTV, or you are discovering the era for the first time, the Joy FM 90’s Jam offers something special for everyone.
With top DJs and performers lined up to spin hit after hit, the night promises pure nostalgia and nonstop fun. Come dressed in your best 90s-inspired outfit, hit the dance floor, and relive the magic.
Joy FM’s 90’s Jam is where memories are revived, classics are celebrated, and the night dances its way into the early hours of the morning.
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 maiden edition of the Michael Adangba Legacy Festival recorded an impressive turnout, reaffirming the legendary musician’s enduring influence on Ghana’s music and cultural heritage.
Organised by Kacstone Records, the festival brought together fans, music lovers, and cultural enthusiasts from across the country for a thrilling night of rhythm, celebration, and heartfelt tribute to Michael Adangba, one of Ghana’s most revered custodians of traditional music.
Taking centre stage, Michael Adangba delivered a captivating and electrifying performance, thrilling an ecstatic crowd with a rich selection of his signature traditional songs that echoed his deep-rooted cultural identity and musical brilliance.
The festival showcased a vibrant mix of live performances, interactive sessions, and cultural displays, cutting across ethnic, religious, geographical, and political divides to foster unity, harmony, and shared cultural pride among patrons.
Adding an international flavour to the celebration, the maiden edition attracted representation from neighbouring Burkina Faso, including musicians, clearing agents, and other top officials who dedicated their time to be part of the historic event.
The occasion was further graced by prominent dignitaries, including the current District Chief Executive for the Kassena-Nankana West District (DCE), Akurugu Stephen Aeke Akurugo, Former Member of Parliament for the Chiana-Paga Constituency, Abuga Pele, former DCE, Gerald Ataogye, a representative of the Ghana Tourism Authority (GTA), and the President of the Alamgumbe Association, Bolga, underscoring the festival’s cultural significance.
A major highlight of the night was the honouring of six distinguished legendary musicians for their immense contributions to traditional music.
Special recognition was also accorded to the Regional Minister, Akamugri Donatus Atanga for his unwavering commitment to preserving Ghana’s traditional heritage, having famously become the first public figure to openly declare his African traditional beliefs during his ministerial vetting, and for his background as a traditional drummer in his youthful years.
In a statement issued on behalf of the legendary musician, the organisers expressed heartfelt appreciation to fans, invited guests, media organisations, security agencies, partners, and collaborators whose collective efforts ensured the success of the landmark event.
“Together, we made history, transcending ethnic, religious, geographical, and political boundaries to unite as one people on a shared platform of music and culture. The overwhelming support and peaceful atmosphere throughout the festival reaffirm the unifying power of music and the enduring strength of our shared heritage,” the statement noted.
According to the CEO of Kacstone Records, Wenawome Aborah, the festival successfully achieved its core objective of using music as a powerful tool for unity, creating a peaceful, inclusive, and celebratory atmosphere throughout.
Following the remarkable success of its inaugural edition, organisers have assured patrons that next year’s Michael Adangba Legacy Festival will be bigger, more vibrant, and even more memorable.
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The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has announced plans to retire from Parliament in the near future, urging constituents interested in representing the area to prepare to take up the mantle.
The fourth- term Member of Parliament who doubles as the Foreign Affairs Minister says adequate resources have been channeled into producing aeronautical engineers, lawyers and legislators to maintain the high standards set for the constituency.
He made this known during the presentation of money to fifty students at Juapong in the North Tongu constituency under the MPs scholarship scheme.
“We are producing engineers, lawyers, aeronautical engineers, future MPs who will be taking over from me because I will be retiring soon. Also, future presidents and future teachers who will come and help us to maintain the high standards we are laying over here.”
He encouraged beneficiaries to remain focused and committed to excellence, the North Tongu MP expressed pride in supporting the educational aspirations of students in the constituency.
“Keep making me proud. I am always excited to hand out these scholarships,” he added.
Saabirin’s death sparked calls for child protection measures to be properly implemented
A woman is currently awaiting execution in Somalia after being convicted of killing a 14-year-old girl in her care.
The murder of orphan Saabirin Saylaan in November, and the horrific details that emerged about the circumstances surrounding her death, sparked protests near her home in Galkayo, along with renewed calls for greater child protection.
The case touched a deep nerve in a country where child abuse often goes unreported, especially when it occurs inside extended families.
For many, Saabirin’s death symbolised a broader failure in child protection and the slow implementation of legal safeguards meant to prevent such tragedies.
The conviction of 34-year-old Hodan Mohamud Diiriye for murder marked one of the rare instances in Somalia where a court imposed the ultimate penalty for child abuse.
Diiriye had denied the charges and her lawyer has filed an appeal against the verdict.
Her husband, Abdiaziz Nor, 65, was acquitted of murder but sentenced to one year in prison and fined $500 (£375) for negligence.
Saabirin was orphaned when both her parents died within a short period when she was just one year old.
Both of her grandmothers had also died so she was looked after by her late mother’s aunt, who ensured she got an education and attended a traditional Quranic school.
But her life took a devastating turn in September after Saabirin’s great-aunt agreed that Diiriye’s family, who needed a home help, could take her in.
During their investigation, police revealed that in the two months she was living there, the young girl had endured “routine physical abuse” – she was beaten and tortured.
Evidence recovered from Diiriye’s phone, including videos and audio recordings documented repeated violence. Some of these were leaked to the public before the trial – it is not clear who released them.
In one particularly disturbing recording, Diiriye can be heard saying: “I’m enjoying your pain.”
A post-mortem examination of Saabirin’s body revealed multiple injuries and deep stab wounds consistent with prolonged violence.
As details of the police investigation emerged, public anger grew.
In the aftermath of one of the protests in Galkayo, debris could be seen strewn across the road
Anthony Joshua has been injured in an accident
British heavyweight boxer, Anthony Joshua was injured in a fatal car crash in Nigeria that reportedly claimed the lives of two people, according to multiple reports.
The incident occurred on a busy highway in Makun, Ogun State, on Monday, December 29, 2025, shortly after Joshua returned to Nigeria during the festive period following his bout with Jake Paul in Miami.
As reported by The Telegraph, citing eyewitnesses and additional accounts, a vehicle carrying the two-time world heavyweight champion collided with a stationary truck on the road.
Initial reports indicate that Joshua sustained minor injuries in the crash.
However, the accident had tragic consequences, with two people said to have died at the scene.
Football in Africa is under serious attack – Former Ghana coach Claude Le Roy
Nigerian outlet Punch published images showing a shirtless Joshua seated inside the damaged vehicle shortly after the incident.
The publication added that investigations are ongoing to determine the full circumstances surrounding the crash.
An eyewitness provided details of the moments surrounding the incident.
“It was a two-vehicle convoy: a Lexus SUV and a Pajero SUV. Joshua was seated behind the driver, with another person beside him. There was also a passenger sitting beside the driver, making four occupants in the Lexus that crashed. His security detail was in the vehicle behind them before the crash,” he told Punch.
Authorities are yet to release an official statement, as investigations continue into the cause of the accident on the Ogun State highway.
FKA/JE
A throwback video of Kennedy Agyapong has surfaced on social media, with the NPP presidential aspirant boldly revealing how he took businessman Ibrahim Mahama to court to pay the state some 14 million cedis in 2017.
Back in 2017, then Assin Central MP, Kennedy Agyapong, had, for several weeks, alleged that Mr Mahama issued dud cheques to the Customs Division of the GRA.
Dr Osei Kwame Despite is a businessman
Businessman and media mogul Dr Osei Kwame Despite has denied claims that he is backing Odo Broni in the ongoing dispute following the death of highlife legend Charles Kwadwo Fosu, popularly known as Daddy Lumba.
Breaking his long-held silence in an audio shared by Fadda Dickson on December 29, 2025, Despite described the allegations as surprising and unfounded.
Daddy Lumba’s Funeral: Abusuapanin justifies GH¢30,000 withdrawal from bank account
He stressed that his involvement with the family has been purely supportive and respectful since the musician’s death.
“Charles was a close associate for a long time. When his death happened, I went to commiserate with the family and gave them GH¢100,000 to support the family. I gave the money to them in public and not privately,” Despite stated.
He explained that after making the donation, he had no further interaction with the family until he received a call from Akosua Serwaa (Lumba’s first wife), who was then arriving from Germany ahead of the one-week observation.
“I didn’t have any interactions with the family after that until I received a call from Serwaa in Germany informing me of her arrival for the funeral,” he explained.
According to him, Serwaa even visited him with her children after paying a visit to Daddy Lumba’s house.
“Serwaa, upon her arrival, came to greet me with her kids after visiting Charles’ house. Few days before the one-week observation, I was planning a trip to Holland for a funeral, which also clashed with the date for Charles’ funeral,” he said.
He noted that, despite his absence from the one-week observation, he continued to offer support.
Kwame Despite firmly rejected the assertion that he has been supporting one side (Odo Broni’s faction), in the reported family disagreement, insisting he has remained neutral throughout.
“I gave money and a car to Papa Shee to be given to Serwaa. I don’t have an issue with anyone, so I’m surprised at the claims that I am supporting someone. It is a curse for me to even do such a thing. I’ve never spoken to Serwaa nor Odo Broni’s lawyer, and do not know what is happening. I haven’t spoken against anyone,” he insisted.
Working with Daddy Lumba was the highest point in my career – Ofori Amponsah
He reiterated his innocence, insisting that he hasn’t taken sides between the two widows of the late Lumba.
MAG/EB
Christmas Festivities: Avenor traders, buyers speak on livestock sales
Arianna has authored four books at just eight years old
At just eight years old, Arianna Aryeetey is already achieving what many adults only dream of, becoming a published author of four children’s books.
According to Arianna, she draws inspiration for her books from her imagination and her passion for reading.
Meet Sean Atitsogbe: The Ghanaian science wonder kid making waves in the US
A pupil of Valley View University Basic School, Arianna, who is currently in Class Four, has written The Lazy Boy, The Magical Girl, Food Swap, and Hansel’s Journey to Friendship.
Despite her growing literary success, the young author says she still has her eyes on a future in engineering.
“I’m in Class Four… what I want to become in the future is an engineer. I just imagine. I got a picture from one of my storybooks, drew it in one of my old books, and started writing the story. At least one day, I write one story,” she said.
According to her father, Eric Aryeetey, in an interview on JoyPrime on December 29, 2025, Arianna’s journey into writing began with an extraordinary reading habit that became evident when she was just five years old.
“Any book I bought for her, she would finish it the same day, so I told her mother I wouldn’t buy small books again. Even children’s books, she finishes them immediately. She just kept reading,” he noted.
He added that Arianna’s love for books soon turned into storytelling, surprising them when she announced she wanted to start writing her own stories.
“She sat down and said she wanted to script her own writings. I asked her if she had read it somewhere, and she said no, it was just imagination,” Arianna’s father said.
Initially unsure how far the passion would go, the family later decided to support her when Arianna’s mother insisted that the stories should not “gather dust on the shelves.”
With professional guidance from writing consultants and publishers, Arianna’s handwritten scripts were transformed into fully designed and published books.
Her father noted that Arianna’s abilities further impressed the reviewers of her books.
Here are the news reports you missed over the weekend
“Even the reviewers and the professors who reviewed the books were amazed. They noticed things that I didn’t see. For example, the lead reviewer is a professor of literature, so what she was saying, I didn’t notice… And the review itself, if it is published, is so detailed,” he added.
MAG/MA
#TrendingGH: Mixed reactions greet church members on 2025 Christmas celebration
Right to Dream won the World’s Best Academy at 2025 Globe Soccer Awards
Ghana’s Right to Dream Academy received global recognition on Sunday, December 28, 2025, after being named Best Academy at the prestigious Globe Soccer Awards held in Dubai, marking a landmark moment for African youth development.
The award celebrates Right to Dream’s unique model of combining elite football training with academic education and character building, a philosophy that has transformed the lives of young talents from Ghana and beyond.
Founded in 1999, the academy has become one of the most respected talent factories in world football, producing players who now star at the highest level in Europe and on the international stage.
Right to Dream’s success stood out on a night dominated by European giants and global superstars.
Watch highlights of Asante Kotoko’s 6-0 victory over Bechem United
Paris Saint-Germain dominated the awards, with Ousmane Dembélé winning Best Male Player, Vitinha named Best Midfielder, Désiré Doudé taking Emerging Player, and PSG crowned Best Men’s Club.
Barcelona also left Dubai with major honours, as Aitana Bonmatí claimed Best Female Player, Lamine Yamal was named Best Forward, and the Catalan side won Best Women’s Club.
Cristiano Ronaldo picked up the award for Best Middle Eastern Player.
FKA/JE
Charles Opoku, a New Patriotic Party (NPP) member and deputy National TESCON coordinator, has called on the Editor-in-Chief of the New Crusading Guide Kwaku Baako to forgive the party for their sins.
According to the NPP’s deputy TESCON coordinator, the party stood by and allowed Kennedy Agyapong, a former Assin Central legislator and now presidential aspirant, to insult and criticise Kwaku Baako when he had not committed any crime.
Featured
Enoch Darfah Frimpong
1 minute read
On December 26, 2025, the Ghana Formed Police Unit (GHFPU 1, Rotation 9) conducted a Medical Outreach Programme in Bieh in the Guit County of Sudan.
The exercise provided medical relief and helped to foster community relations during the festive season.
The mission was led by the Deputy Field Office Police Coordinator (DFOPC) and Acting Field Office Police Coordinator, Anke Lute, accompanied by Doaa Elnagar from the FPU Coordination Office in Bentiu.
The GHFPU 1 contingent was led by the Deputy Commanding Officer (DCO), Chief Superintendent Rosina Adwoa Donkor Gariba, supported by six Senior Police Officers and other ranks (comprising 14 Inspectors).
Chief Superintendent Rosina Gariba extended seasonal greetings on behalf of the Contingent Commander, Chief Superintendent Bismark Achaab.
She emphasized the importance of civil-military cooperation and the spirit of giving.
Anke Lute (UNPOL) reaffirmed UNMISS’s commitment to supporting communities within its Area of Responsibility (AOR). She urged residents to prioritize personal health and security and to maintain close communication with the police.
The Head of the Bieh Community Hospital expressed gratitude, noting that the supplies arrived at a critical time of scarcity.
The December 2025 National Tracking Poll by Global InfoAnalytics offers a comprehensive assessment of Ghana’s political, economic and social climate as the year closes, depicting a country broadly confident in its direction yet sharply polarised along partisan lines and increasingly impatient for systemic reform.
The survey, conducted among 13,495 voters across all 16 regions and 83 constituencies, highlights strong public approval for President John Dramani Mahama, growing optimism about living standards, and widespread support for constitutional change, even as party loyalty continues to shape perceptions of national progress.
At the national level, 66 per cent of respondents say Ghana is headed in the “right direction”, a figure unchanged from the previous quarter and consistent across all regions. The strongest optimism is recorded in the Upper West (81 per cent) and Savannah (79 per cent) regions. Even in the Ashanti Region, a traditional opposition stronghold, 45 per cent share this positive outlook.
However, the data expose a pronounced partisan divide. While 91 per cent of NDC supporters believe the country is on the right path, 61 per cent of NPP supporters hold the opposite view. Floating voters, who now represent a growing share of the electorate, lean toward optimism, with 68 per cent endorsing the country’s current direction.
President Mahama’s job approval stands at 67 per cent, unchanged from the previous quarter, underscoring sustained confidence in his leadership. His support cuts across all regions, including areas traditionally aligned with the opposition.
Yet, party allegiance remains decisive. Approval reaches 93 per cent among NDC supporters but drops to 28 per cent among NPP voters. Among floating voters, the president records a robust 69 per cent approval. Although disapproval has edged up slightly to 24 per cent, the overall figures confirm a firm governing mandate.
Economic sentiment continues to underpin the government’s popularity. The 2026 budget, presented by Finance Minister Dr Cassiel Ato Baah Forson, is approved by 66 per cent of respondents, with just 18 per cent dissatisfied and 16 per cent neutral.
This confidence is reflected in household conditions. A majority of voters (56 per cent) report an improvement in their standard of living over the past year, while 27 per cent see no change and 12 per cent say conditions have worsened. Looking ahead, optimism deepens: 70 per cent expect further improvements in 2026, compared with 18 per cent who anticipate decline.
On governance, the poll records incremental gains. For the first time, a clear majority—60 per cent—say the government is doing enough to combat corruption, up from 58 per cent in the last survey. In addition, 56 per cent believe the overall corruption situation is improving, while 17 per cent think it is deteriorating.
Perceptions around illegal mining, or galamsey, also suggest cautious approval. Nationally, 47 per cent of voters do not believe the problem has worsened under the current administration, a view echoed by 43 per cent in mining regions. Overall, 56 per cent say the government’s response has been adequate.
Perhaps the clearest signal from the poll is the public’s appetite for structural reform. Voters express strong support for key proposals from the Constitutional Review Commission, including:
Extending the presidential term to five years (57 per cent).
Preventing MPs from holding ministerial positions to strengthen separation of powers (58 per cent).
Direct election of MMDCEs to deepen decentralisation (63 per cent).
Lowering the minimum age to contest the presidency to boost youth participation (55 per cent).
Abolishing the death penalty (58 per cent) and restricting campaigns to 120 days before elections (56 per cent).
The poll underscores a profound demographic shift. Gen Z and Millennial voters—those under 44—now constitute nearly 78 per cent of the electorate. This cohort is driving demands for generational renewal, with 64 per cent of voters expressing a preference for younger national leaders.
At the same time, party allegiances are in flux. The NDC leads with 41 per cent affiliation, despite a slight dip, while the NPP has declined for a third consecutive period to 26 per cent. Floating voters have risen to 19 per cent, reinforcing their growing influence.
Educational patterns reveal a decisive NDC advantage among tertiary-educated voters, leading the NPP by 22 points, and a similar edge among JHS and SHS graduates. The NPP’s strongest base remains among voters without formal education, where the gap narrows to a single point.
Overall, the December 2025 Global InfoAnalytics poll portrays a nation that is confident in its immediate direction and broadly supportive of its leadership, particularly on economic management and governance. Yet the entrenched partisan divide and the strong endorsement of constitutional reforms suggest that this confidence is conditional.
With a youth-heavy electorate demanding accountability, inclusion and institutional change, Ghana appears to be entering a phase in which political legitimacy will be increasingly measured not only by performance, but by the willingness of leaders to undertake deep, structural reform.
Abstract
Amidst public discourse concerning the Bank of Ghana’s (BoG) reported financial losses, a critical operational distinction in its gold strategy is frequently overlooked. This analysis clarifies that the BoG manages two functionally separate gold supply chains: one for immediate foreign exchange (forex) generation and another for long-term reserve accumulation. Failure to apply such disaggregation risks overstating operational losses while understating Balance-sheet strength. It posits that a comprehensive assessment of the BoG’s total gold position—including significant unrealized gains on its monetary reserves—could substantially alter the interpretation of reported losses. The note concludes by questioning whether the International Monetary Fund’s (IMF) reported loss figure of US$214 million accounted for this bifurcated structure through rigorous Metallurgical Accounting.
Recent analyses of the Bank of Ghana’s financial performance have homed in on losses linked to its gold trading activities. However, these discussions often conflate two distinct operational streams with different objectives, participants, and accounting treatments. This conflation risks leading to an incomplete or misleading conclusion about the overall financial impact of the central bank’s gold strategy.
The Bank of Ghana’s gold operations are strategically segmented:
The above two streams as indicated above are functional and not for merely sourcing segregation.
A holistic view of the BoG’s gold activities must account for the value of Stream B. As of the time of analysis:
Unrealised gains do not fund budgets but they improve reserve adequacy, swap capacity and collateral strength.
The IMF’s conclusion of a US$214 million loss attributed to the BoG’s gold activities prompts a fundamental methodological question: Was the assessment based on a complete Metallurgical Accounting?
Metallurgical Accounting in this context would entail a full-chain audit that:
If the IMF’s loss figure solely pertained to the trading losses from Stream A (ASM gold for forex) without considering the substantial embedded gain in Stream B (official reserves), then the public narrative reflects only a fragment of the Central Bank’s consolidated gold position. This distinction is not merely academic but is central to a fair evaluation of the policy’s net financial impact.
The Bank of Ghana operates a sophisticated two-pillar gold strategy. One pillar is a tactical forex tool, while the other is a strategic financial reserve. Meaningful analysis requires this disaggregation. Therefore, any authoritative verdict on losses—including that of the IMF—must be scrutinized against the methodology used. It remains an open and critical question whether a comprehensive Metallurgical Accounting framework was applied to reach the concluded loss figure, or if the assessment was based on an incomplete view of the BoG’s dual-track system.
Henry Osei
(Director Of Research)
Chamber of Bullion Traders Ghana
The ADC’s timely alerts ensured that the president adhered to Ghana’s official ceremonial etiquette
President John Dramani Mahama has twice been prompted by his Aide-de-Camp (ADC), Colonel Abdul Wahab Issah, to observe the national anthem during a recent public function.
Footage from the event shows President Mahama proceeding with the programme and exchanging pleasantries when his personal security officer subtly intervened, reminding him to stand in respect for the national anthem.
On both occasions, the ADC’s timely alerts ensured that the president adhered to Ghana’s official ceremonial etiquette.
In the videos circulating on social media, President Mahama can be seen responding promptly to the ADC’s cues, standing respectfully as the anthem is performed.
President Mahama promotes Aide-de-Camp Abdul Wahab Issah to Colonel
The national anthem is a symbol of Ghana’s sovereignty and unity and its observance during official events is mandatory for all dignitaries.
The ADC, responsible for the president’s safety and protocol guidance, acted with precision to ensure that Ghana’s highest office maintained the decorum expected at such functions.
Watch the video below:
The moment the President’s personal security swiftly alerted him to observe the national athem🇬🇭🙏. pic.twitter.com/Jo2Gf6hwpq
— 𝙼𝚞𝚜𝚊𝚑 𝙸𝚋𝚗 𝚂𝚑𝚒𝚛𝚊𝚣🇬🇭 (@MusahShiraz1) December 25, 2025
AM
Also, watch below Amnesty International’s ‘Protect the Protest’ documentary as the world marks International Human Rights Day 2025
The wait is over! The GhanaWeb Excellence Awards 2025 is officially launched. Let’s Celebrate impact, innovation and excellence across Ghana.
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Nominate now 👉 https://ghanaweb.com/ghanaexcellenceawards/nominate
The Minority in Parliament has called for a bipartisan investigation into the reported $214 million loss by the Bank of Ghana under the Gold-for-Reserves programme.
Kojo Oppong Nkrumah, Member of Parliament for Ofoase Ayirebi addressing journalists in Accra on Monday December 29 stated that the enquiry should be conducted by a parliamentary ad-hoc committee with the power to subpoena all contracts, licenses, intermediaries, and related entities.
He said the committee should require the Bank of Ghana and the Ghana Gold Board (GoldBod) to disclose their fee structures, pricing formulas, aggregator selection criteria, and foreign exchange arrangements linked to the programme.
He further called for the suspension of permits in forest reserves and the introduction of strict traceability measures, citing concerns that state funds may have been used to purchase gold from illegal mining activities.
He added that where negligence or corruption is proven, prosecutions must follow and all recoverable funds returned to the state.
“We are demanding the following: a bipartisan parliamentary enquiry into the circumstances under which the republic of Ghana has lost $214 million heading to $300million to be done here by the parliament of Ghana. We are asking for a parliamentary adhoc investigative committee with power to subpoena all contracts, licences, intermediaries including this power rock monopoly.
“Under this bipartisan enquiry we will be expecting the BoG and the GoldBod to publish the fees structure, the pricing formula, the aggregator selecting criteria and all foreign exchange arrangement that they have tied to this scheme which has led to this loss.
“…One of the things we will be asking for is the suspension of permit in forest reserves and the introduction of serious measures on traceability because as at now we have every reason to believe that state money is being used to buy Galamsey gold…Where negligence or corruption is proven, prosecutions must follow and all recoverable funds must be given back to the state,” Nkrumah stated.
The call by the Minority comes after the International Monetary Fund (IMF) raised concerns over the reported losses, describing them as a potential risk to Ghana’s macroeconomic stability. The IMF attributed the losses to transactions involving artisanal and small-scale mining dore gold and referenced alleged “GoldBod off-taker fees.”
GoldBod, however, has denied incurring any losses, describing the IMF claims as inaccurate. In a response issued earlier this month, the Board’s CEO, Sammy Gyamfi, stated that GoldBod expects an income surplus of no less than 600 million cedis for the 2025 financial year and clarified that it does not charge off-taker fees. He explained that GoldBod’s role is limited to purchasing, assaying, and exporting gold on behalf of the Bank of Ghana, while all trading and sale agreements with off-takers fall under the central bank’s mandate.
Mr. Gyamfi highlighted that GoldBod has contributed over 10 billion dollars in foreign exchange in 2025 through the purchase of more than 100 tonnes of artisanal and small-scale mining gold for the Bank of Ghana. He also noted the Board’s support in purchasing output from large-scale mining companies, which has helped boost Ghana’s foreign reserves and strengthen the cedi.
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The Driver and Vehicle Licensing Authority (DVLA)
The Abuakwa South Member of Parliament, Dr Kingsley Agyemang, has expressed concerns over the Driver and Vehicle Licensing Authority’s (DVLA) decision to suspend the rollout of the new vehicle number plate system, initially scheduled for 1 January 2026.
According to him, the move raises serious legal and public safety concerns.
DVLA delays implementation of Ghana’s new vehicle number plate system
The suspension follows concerns raised in Parliament regarding institutional readiness, stakeholder engagement, and the absence of legislative amendments to the Road Traffic Regulations, 2012 (L.I. 2180).
The High Court also granted an injunction on 23 December 2025, restraining the implementation of the proposed system.
While acknowledging that the suspension was appropriate, the MP, in a statement dated December 29, 2025, highlighted that the DVLA’s directive allowing vehicles with Drive from Port (DP) and Defective Vehicle (DV) plates to continue using them “until further notice” is incompatible with Ghana’s insurance laws.
“DP and DV plates are, by their nature, temporary and conditional. Insurance cover issued in respect of such plates is limited in duration and scope, pending inspection and full registration. They are not intended to permit prolonged or indefinite use of vehicles on public roads,” he argued.
The MP stressed that sections of the law impose statutory duties on insurers and drivers to protect third parties in the event of accidents.
“Administrative directives cannot lawfully override these statutory obligations,” the MP warned.
He has therefore called on the Minister for Transport to intervene immediately to regularise the status of DP and DV plates in compliance with the Motor Vehicles (Third Party Insurance) Act; ensure that no vehicle operates without valid insurance; issue clear directives to the DVLA to prevent uninsured road use; and safeguard public confidence in vehicle registration and road safety.
“The continued use of DP and DV plates without clear legal and insurance regularisation, therefore, places motorists, pedestrians, and passengers at unacceptable risk and undermines the integrity of Ghana’s compulsory motor insurance regime,” he said.
DVLA announces new charges for vehicle registration and related services
He added, “Compulsory motor insurance exists to protect the public, not to accommodate administrative uncertainty. The law is clear, and compliance is not optional, the National Insurance Commission must therefore rise to ensure strict enforcement of insurance provisions.”
MAG/EB
A law lecturer and aide to Kennedy Agyapong has stated that the International Monetary Fund (IMF) is playing a critical role in helping Ghana’s economy thrive, not only through financial assistance but also by restoring market access and policy credibility.
Speaking on JoyNews’ AM Show on Monday, December 29, Kobby Amoah said the government must take deliberate steps to strengthen and sustain the economy, even as it benefits from IMF support.
“Government has to make sure that the right steps are taken to improve the economy,” he said.
Mr Amoah explained that Ghana’s participation in an IMF programme provides more than just loans, noting that it opens doors to international markets and enforces economic discipline through technical support and strict benchmarks.
“Under the performance of the economy, the IMF programme is also supporting and helping because it gives market access to borrow and do business,” he explained.
“There is also greater discipline through technical support and benchmarks, which require governments to be disciplined before funds are released.”
According to him, the true performance of the economy cannot be attributed solely to ministers or current economic managers, stressing that Ghana will only be able to fully assess their effectiveness by August 2026.
“This may seem good now, but when governance is left entirely in the hands of those in charge, that is when we will see their true performance and know whether they are managing the economy well,” he said.
Mr Amoah noted that Ghanaians should take some comfort in the relative stability of the cedi against the dollar, expressing hope that the government would put measures in place to sustain this stability.
He further argued that Ghanaians often vote out governments during periods of economic crisis without fully appreciating the cyclical nature of IMF programmes and their effects.
“Any time there is an IMF programme, it usually follows a severe economic downturn. People vote out the government, and the new government inherits the benefits of the programme,” he said.
“When the new government starts, people praise it because the economy and currency appear to be doing well, forgetting that the country is still under support.”
According to Mr Amoah, the real test of economic management comes after IMF support ends.
“When the support stops, that is when we truly know the strength of the economic managers and how well the economy is being run,” he added.
He cautioned against measuring the value of IMF programmes solely by the size of the loans Ghana receives, stressing that their real benefit lies in restoring economic health and international confidence.
“The mistake we make is quantifying the value of an IMF programme by the loans. Before a country goes to the IMF, it is often close to bankruptcy and lacks credibility. But once the programme is in place, it restores confidence and allows others to do business with you again,” he said.
Mr Amoah noted that the IMF’s ultimate value lies in the economic and policy credibility it confers on participating countries.
“The goal is not just the loans. Market access means you are no longer seen as a country that cannot be dealt with. It gives you economic and policy credibility,” he added.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Samuel Okudzeto Ablakwa has hinted at retiring from frontline politics, saying his sustained investment in education is aimed at grooming future leaders for North Tongu.
North Tongu MP, Samuel Okudzeto Ablakwa, has hinted at his eventual retirement from frontline politics, saying he is proud to be grooming the next generation of leaders through sustained investment in education.
Chinese Foreign Ministry spokesperson Lin Jian attends a press conference in Beijing, China April 10
China opposes any attempt to split territories in Somalia, the foreign ministry said on Monday, affirming Chinese support for the sovereignty, unity, and territorial integrity of the East African country.
“No country should encourage or support other countries’ internal separatist forces for its own selfish interests,” ministry spokesperson Lin Jian told reporters at a regular press conference, urging authorities in Somaliland to stop “separatist activities and collusion with external forces”.
Israel became the first country on Friday to formally recognise the self-declared Republic of Somaliland as an independent and sovereign state, seeking immediate cooperation with Somaliland in agriculture, health, technology, and the economy.
Ghana’s petroleum revenue collapsed by 56 percent in the first half of 2025 as the country faced a double blow from declining production and falling global oil prices, threatening fiscal stability while paradoxically easing pressure on consumers.
The Public Interest and Accountability Committee (PIAC) reported that petroleum receipts dropped to $370.3 million in the first six months of 2025, down from $840.8 million during the same period in 2024. The sharp decline represents the lowest mid-year earnings since 2022 and marks a reversal of the previous year’s gains.
Crude oil production tumbled nearly 26 percent to 18.42 million barrels by June 2025, compared to 24.86 million barrels in the first half of 2024. The decline stems from natural reservoir depletion at mature fields and scheduled maintenance shutdowns, particularly at the flagship Jubilee field.
The Jubilee field, which began production in December 2010, experienced the steepest fall among Ghana’s three producing offshore developments. Output dropped 32.8 percent from 16.41 million barrels to 11.02 million barrels, with average daily production declining from 90,755 barrels per day to 60,898 barrels per day.
PIAC attributed the Jubilee decline to planned shutdowns from March 26 to 31, followed by continued maintenance from April 1 to 8. The field recorded its highest monthly output in January at 2.40 million barrels, while April marked the lowest at 1.27 million barrels.
The Tweneboa Enyenra Ntomme (TEN) field saw production decline 14 percent, falling from 3.45 million barrels to 2.97 million barrels. Average daily output dropped from 19,065 barrels per day to 16,420 barrels per day due to a mini shutdown for flare tip replacement and persistent reservoir performance challenges.
The Sankofa Gye Nyame field experienced the smallest decline at 11.6 percent, with output falling to 4.42 million barrels compared to 5.00 million barrels in the first half of 2024. Average daily production decreased from 27,600 to 24,463 barrels per day.
Compounding the production decline, the average realized price achieved by Ghana National Petroleum Corporation (GNPC) fell 13 percent to $74.93 per barrel, down from $86.12 per barrel a year earlier. The combination of fewer barrels produced and lower prices per barrel created immediate fiscal pressure.
Petroleum revenue sources for the first half of 2025 broke down as follows: Carried and Additional Participating Interest (CAPI) contributed $178.48 million, representing 48 percent of total receipts. Corporate Income Taxes generated $148.75 million, accounting for 40 percent. Royalties yielded $40.15 million, approximately 10.8 percent of inflows.
Interest on the Petroleum Holding Fund amounted to $2.10 million, while surface rentals brought in just $863,000, less than one percent of total revenue. The breakdown reflects Ghana’s heavy reliance on upstream production taxes and profit sharing rather than direct extraction fees.
PIAC warned that no new petroleum agreement has been signed since 2018, creating structural risks to the sector’s long term viability. As of June 2025, Ghana maintained 13 active petroleum agreements, with only the Jubilee, TEN, and Sankofa Gye Nyame fields currently in production.
The Deepwater Tano/Cape Three Points block has received approval for its Plan of Development, but field work has yet to begin. Other contract areas remain at varying stages of exploration with no guarantee of commercial viability.
Despite the revenue shortfall threatening government finances, lower global crude prices have provided relief to Ghanaian consumers. Reduced fuel costs at the pump have contributed to declining inflation and prevented pressure for transport fare increases, benefiting households and businesses.
Lower fuel prices reduce overhead costs for sectors heavily reliant on diesel and petrol, including manufacturing, agriculture, and logistics. The economic stability from affordable fuel helps offset the government’s lost export revenue by increasing purchasing power and lowering production costs.
Government has responded to the production crisis by securing commitments for major upstream investments starting in 2026. A Memorandum of Understanding signed with Tullow Oil, Kosmos Energy, PetroSA, and GNPC extends production licences for the Jubilee and TEN fields until 2040.
The agreement includes plans to drill 20 new wells in the Jubilee field alone, projected to unlock material gross proven and probable reserves. The drilling campaign is expected to mobilize approximately $2 billion in investment, according to a KPMG and United Nations Development Programme report on the 2026 budget.
A further $1.5 billion has been allocated to expand operations at the Offshore Cape Three Points block. The $3.5 billion total investment commitment represents a strong signal of renewed investor confidence, the report stated.
Energy Minister John Abdulai Jinapor described the licence extensions as a significant step forward demonstrating commitment to fostering a stable and attractive investment climate. The agreement includes commitments to ramp up gas supply to 130 million standard cubic feet per day from Jubilee and TEN fields.
GNPC is set to commence drilling in the onshore Volta Basin in October 2026, opening a new frontier for domestic production. The initiative aims to diversify Ghana’s producing assets beyond offshore fields and reduce dependence on mature reservoirs.
However, analysts caution that converting investment commitments into sustained production increases requires substantial capital deployment and effective field management. The lag between drilling new wells and achieving commercial production means near term revenue improvements remain uncertain.
Ghana’s crude oil production has declined consistently since peaking at 71.44 million barrels in 2019. Total output fell to 48.24 million barrels in 2024, continuing a five year downward trend attributed to over dependence on mature fields and insufficient exploration investment.
PIAC urged government to act with urgency to reverse the decline and create conditions that can attract new investors. The committee recommended selecting fewer infrastructure projects for full completion under the Annual Budget Funding Amount (ABFA) and branding them appropriately upon delivery.
Since oil production commenced in 2011, Ghana’s cumulative petroleum revenue has reached $11.58 billion. The sector’s peak revenue year was 2022, when receipts hit $1.4 billion driven by elevated global prices during the energy crisis following Russia’s invasion of Ukraine.
The production decline poses risks not only to government revenue but also to Ghana’s energy security. Natural gas output fell 6.7 percent to 130.4 million standard cubic feet in the first half of 2025, affecting domestic power generation and industrial fuel supply.
Ghana exported 44.6 percent of its gas production, up marginally from 43.3 percent in the first half of 2024. Gas flaring decreased to 10.6 percent from 11.3 percent over the same period, showing modest improvement in utilization efficiency.
The petroleum revenue decline complicates Ghana’s fiscal consolidation efforts as the country implements an International Monetary Fund supported programme. The government had projected 16.5 billion cedis ($1.35 billion) in petroleum revenue for 2025, but actual collections are tracking well below target.
Total petroleum revenue receipts were distributed according to the Petroleum Revenue Management Act. GNPC received its share for operational expenses, the ABFA supported infrastructure and social programmes, while the Ghana Stabilisation Fund and Ghana Heritage Fund received allocations for fiscal buffers and future generations.
Looking ahead, Ghana’s petroleum sector faces a critical juncture. Sustaining production levels requires continuous investment in existing fields while successfully developing new discoveries. The ultimate financial success will still depend on volatile global oil prices, but higher production volumes provide stronger fiscal cushioning regardless of market fluctuations.
Recent positive developments include Eni declaring commerciality for the Eban Akoma offshore development in July 2025. Tullow Oil and partners also secured license extensions for Jubilee and TEN fields, indicating continued investment interest despite production challenges.
The association commended his professionalism, courage, and unwavering commitment to duty
The Dagbamba Youth Association (DAYA) has extended its heartfelt congratulations to DSP Bawa Abdul Jalil on his promotion from Assistant Superintendent of Police (ASP) to Deputy Superintendent of Police (DSP).
In a statement dated December 25, 2025, and signed by Alhaji Jagbo Baako, General Secretary of DAYA, the association praised DSP Jalil’s outstanding service and dedication to combating crime in Ghana.
DAYA highlighted DSP Jalil’s instrumental role in addressing complex security challenges, including illegal activities, violent conflicts, and organized crime, through his leadership and the efforts of the Special Operations Team.
The association commended his professionalism, courage, and unwavering commitment to duty, qualities that have earned him this well-deserved recognition.
The promotion is seen as a testament to DSP Jalil’s hard work and dedication to serving Ghana. DAYA noted that his efforts have had a significant impact on the community, boosting public confidence and deterring criminal activities in the Northern Region, particularly in Tamale.
The association expressed pride in DSP Jalil’s achievements and wished him continued success in his new role. The congratulatory message, addressed to all media houses, underscored the significance of DSP Jalil’s promotion and DAYA’s support for his continued service to Ghana.
Aseibu Amanfi (born as Kwabena Owusu) was a Ghanaian highlife legend
The music world is in mourning following the loss of Kwabena Owusu, affectionately known as Aseibu Amanfi, who passed away on the morning of Sunday, December 28, 2025, after a brief illness.
In a video shared on X on December 28, Amanfi’s passing served as a poignant reminder of his influence and the impact he had on generations, as his death marks the end of an era for Ghana’s vibrant highlife music scene.
His iconic hit, “Kakra b3ka wo” (“a little will tell you” or “little by little will reveal to you”), encapsulates the wisdom of patience and the truths that unfold with time.
Aseibu Amanfi was a monumental figure in the Ghanaian music industry, renowned for his soulful voice and the infectious rhythms that defined his songs.
He made statements like, “We have somewhere to go or a journey to embark on,” at a time he reflected on the journey of life and death during one of his performances honoring the late Daddy Lumba.
With timeless hits like “Kakra Bɛka Wo,” “Bamaso,” and “Asoko,” Amanfi’s music has become a treasured part of Ghana’s cultural scene, representing an era of music that connects with audiences of all ages.
His songs served as more than mere entertainment; they became cultural touchstones that connected generations.
“In life, when a child is born, joy fills the air, celebrated with white cloth and gifts during naming ceremonies. However, when death strikes, we are left with sorrow and sympathy as we bid farewell,” he expressed in one of his performances, underscoring the deep emotions surrounding life and loss.
Aseibu Amanfi’s contributions transcended music; he was a mentor and source of inspiration for many aspiring artistes, and his legacy will undoubtedly continue to shape the future of highlife music, serving as a guiding light for those who follow in his footsteps.
While his passing is a profound loss, the melodies he crafted will forever echo in the hearts of many.
Watch video below
Kwabena Owusu, widely known by his stage name Aseibu Amanfi, passed away on the morning of Sunday, December 28, 2025, following a brief illness.
He was celebrated for his significant contributions to Ghana’s highlife music industry, with notable hits including “Kakra Bɛka Wo,”… pic.twitter.com/nN6qR6dHhw— THE STATE NEWS (@THESTATENEWSS) December 28, 2025
NAD/
Christmas Festivities: Avenor traders, buyers speak on livestock sales
56 percent of Ghanaians say their standard of living has improved in 2025
A nationwide survey conducted by Global InfoAnalytics in December 2025 indicates growing optimism among Ghanaian voters about their standard of living.
The survey, released on Monday, December 29, 2025, found that 56 percent of respondents said their standard of living had improved in 2025 compared to the previous year.
a href=”https://www.ghanaweb.com/GhanaHomePage/business/68-confident-Ghana-will-hit-4-GDP-growth-target-for-2025-PwC-Survey-1993560″ target=”_blank”>68% confident Ghana will hit 4% GDP growth target for 2025 – PwC Survey
However, 27 percent reported no change in their living conditions, while 12 percent said their standard of living had worsened. Five percent of respondents expressed no opinion.
The positive sentiment reflects increasing public confidence in the economy, which many respondents attributed to relative macroeconomic stability, easing inflationary pressures, improved access to goods and services, and expectations of higher incomes and better employment opportunities.
According to the Government Statistician, Alhassan Iddrisu, the economy expanded by 5.5 percent year-on-year in the third quarter of 2025, driven by improved performance in the agriculture and services sectors.
a href=”https://www.ghanaweb.com/GhanaHomePage/NewsArchive/66-of-voters-believe-Ghana-is-headed-in-right-direction-Global-InfoAnalytics-poll-2014892″ target=”_blank”>66% of voters believe Ghana is headed in right direction – Global InfoAnalytics poll
However, growth slowed from a revised 7.0 percent recorded in the same period last year, largely due to weaker performance in the industrial sector, which expanded by only 0.8 percent.
JKB/MA
TrendingGH: Citizens spread holiday wishes for 2025 Christmas
Bills, Ghana’s leading microfinance institution, marked a strong close to 2025 with its End-of-Year Dinner and Awards Night, recognising outstanding performance across its nationwide operations and rewarding excellence among its approximately 1,700-strong workforce.
Held under the theme of “Gratitude and Growth,” the event brought together management, staff, partners, and stakeholders to reflect on a year of significant achievement and steady transformation within the microfinance sector. It also provided an opportunity to acknowledge the people whose work continues to drive the institution’s impact across the country.
In his address, Romeo-Richlove Kweku Seshie, Chief Executive Officer of Bills Microcredit, highlighted the institution’s 2025 performance, including the disbursement of almost GH¢2 billion in loans across all 16 regions of Ghana.
He emphasised that these figures represented more than financial outcomes, pointing instead to the real impact on entrepreneurs, small business owners, and families who rely on access to finance to grow their livelihoods.
“This year, we chose to get closer to our customers. We sat with the provision store owner in Takoradi, the poultry farmer in Ho, the seamstress in Tamale. We listened. And in listening, we understood something important: when people feel seen, they grow,” he said.
Kojo Dei Kwarteng, Board Chairman of Bills Microcredit, underscored the institution’s governance strength and long-term positioning.
He stated that the Board’s confidence lies not only in performance outcomes, but also in how those outcomes are achieved, through strong systems, disciplined governance, and careful attention to risk, compliance, and accountability.
He further commended management and staff for their professionalism, noting that trust remains the cornerstone of financial services and must be earned consistently.
Founded by Richard Nii Armah Quaye, President of RNAQ Holdings and Foundation, Bills has evolved from a belief in supporting everyday people into a nationwide financial services institution serving entrepreneurs and small businesses across Ghana.
Earlier in the day, at a Staff Durbar held at the University of Professional Studies, Accra (UPSA), the Founder announced a 100% end-of-year bonus to staff, a declaration met with excitement and jubilation.
He expressed satisfaction with the performance reports reviewed since his exit from active leadership, noting that major targets for the year had been met and, in several cases, exceeded.
He disclosed that in Ghana alone, nearly GH¢2 billion was disbursed to over 350,000 customers in 2025, while across the group, more than US$400 million supported close to 700,000 small businesses and individuals.
“What gives me the greatest satisfaction is seeing an institution that serves people with dignity continue to grow beyond any one individual. That is when you know the systems are working and the purpose is intact. When customers continue to trust the organization, even in my absence, that trust belongs to the people who show up every day,” Quaye said.
A major highlight of the evening was the presentation of awards recognising excellence at team, operational, and individual levels.
Twelve outstanding sector teams were honoured for collective performance, discipline, and service delivery, with each team receiving a cash award of GH¢20,000. Individual excellence was also recognised in key operational and customer-facing roles.
The Most Outstanding Operations Manager received GH¢20,000, while the Most Outstanding Customer Experience Executive received GH¢10,000 in recognition of measurable impact on operational efficiency and service quality.
The climax of the ceremony was the presentation of ten Toyota Vitz vehicles to five top-performing staff across key operational functions, including Credit Risk Analysis, Recovery, Cluster Management, General Monitoring, and Employee of the Year, as well as five long-serving employees whose dedication has contributed significantly to the institution’s growth since 2016 and 2017.
The awards night was complemented by live performances from Nacee, Moliy, Mona4Reall, Medikal, Shatta Wale, and international Afrobeats star Davido, adding to an atmosphere of celebration and appreciation for the year’s achievements.
As Bills Microcredit looks ahead to 2026, the institution remains focused on deepening customer relationships, strengthening technological capabilities, and expanding financial inclusion across Ghana, while upholding the highest standards of governance, integrity, and responsible growth.
All you need to know about Ghana’s new vehicle number plates | BizTech:
Daniel Laryea is a FIFA referee
FIFA has officially unveiled the list of Ghanaian referees approved to officiate international matches for the 2026 calendar year, reaffirming Ghana’s strong representation on the global officiating stage.
The approved roster comprises 23 officials, made up of 10 Centre Referees, 10 Assistant Referees, one Futsal Referee, one Beach Soccer Referee, and one Video Assistant Referee (VAR).
Heading the list is seasoned official Daniel Laryea, who has been retained both as a Centre Referee and a VAR.
The contingent also welcomes new assistant referee Richard Kwaku, while Portia Oppong earns recognition in the Beach Soccer category.
In accordance with FIFA regulations, Member Associations are required to submit annual nominations for new referees or renew the appointments of existing officials on the FIFA list.
This process is managed by the Referees Committee of the Ghana Football Association, which ensures that all nominees meet FIFA’s stringent eligibility requirements, including the successful completion of FIFA-approved fitness and medical assessments.
Once the internal vetting process is completed, the nominations are submitted to FIFA for final validation.
The world football governing body retains the authority to approve or reject any nominee based on its established standards.
Referees approved by FIFA are authorized to wear the FIFA badge from January 2026 to December 2026. Retention on the list in subsequent years will depend on individual performance, with the FIFA badge remaining the exclusive property of FIFA throughout the calendar year.
The full list of officials approved by FIFA is attached.
A respected Islamic cleric based in Tamale, the Northern Regional Capital, his wife and another Hajia have been busted for illegal drug trade.
The Muslim leader who is said to be the wholesale supplier of the contraband substance, uses his Hajia wife and another accomplice as retailers unknown to him his activities were closely monitored by the IGP’s Special Operations Taskforce, currently based in the Region.
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has said the resumption of operations at the Tema Oil Refinery (TOR), while commendable, represents only the first of three critical phases required to make the refinery economically viable and environmentally compliant.
Read also: TOR resumes crude oil refining operations with about 28,000 barrels per stream daily
Acknowledging that the successful turnaround maintenance (TAM) had helped dispel a long-standing perception that the refinery was too old to function effectively, Mr Amoah cautioned that the current phase alone was insufficient to sustain operations or meet Ghana’s modern fuel standards.
“The integrity of the plant has been proven. TOR is not as obsolete as some had suggested,” he said, noting that the refinery could still play a vital role in Ghana’s energy security if the right investments are made.
Speaking on TV3’s morning programme on Monday [December 29, 2025] monitored by Graphic Online, Mr Amoah explained that Ghana has, since 2015–2016, most vehicles in Ghana have transitioned away from high-sulphur “dirty fuels” and now require cleaner fuels, which burn more efficiently and significantly reduce environmental pollution to help meet Euro IV and Euro V specifications, with a sulphur content ranging between 10 and 50 parts per million (ppm).
He said TOR’s existing Crude Distillation Unit (CDU) and Residual Fluid Catalytic Cracking (RFCC) units were only capable of producing fuels with sulphur levels of about 1,500 ppm at best.
This, according to COPEC, falls far below Ghana’s current fuel standards and poses serious environmental and public health risks.
Whenever TOR resumed operations, he said a large portion of its output had to be exported to neighbouring Sahelian countries because the local automotive fleet could not safely consume such high-sulphur products.
TOR would therefore require major upgrades, including the installation of a desulphurisation unit, estimated to cost about US$150 million, to reduce sulphur content in refined products, he added.
In addition, he stated that a reformer unit, costing between US$25 million and US$50 million, would be required to improve petrol quality and meet Ghana’s minimum 91-octane requirement.
New technology
To address this challenge, Mr Amoah said TOR would require major upgrades, including the installation of a desulphurisation unit, estimated to cost about US$150 million, to reduce sulphur content in refined products.
In addition, he stated that a reformer unit, costing between US$25 million and US$50 million, would be required to improve petrol quality and meet Ghana’s minimum 91-octane requirement.
He warned that without these investments, TOR would struggle to compete with newer and more advanced refineries such as Nigeria’s Dangote Refinery and other regional facilities.
Economic entity
Mr Amoah also stressed the need for TOR to be run strictly as an economic entity, free from political interference.
He argued that political decisions, rather than economic considerations, have historically undermined the refinery’s performance.
“For sustainability, private sector participation is critical,” he said, advocating for a public-private partnership (PPP) model.
He said private investors would ensure efficiency, control operational costs, and make decisions based on commercial viability rather than politics.
On the broader economic impact, Mr Amoah said Ghana currently spends about US$400 million every month in foreign exchange to import finished petroleum products.
Potential
Investing in TOR, he argued, would help reduce this burden while retaining skilled labour and strengthening the local economy.
He recalled that at its peak in the late 1990s, TOR contributed about five percent of Ghana’s Gross Domestic Product (GDP), demonstrating the refinery’s potential if properly retooled and managed.
Mr Amoah said TOR was currently doing about 28,000 barrels per stream day, with a plan to scale up the capacity to 45,000 barrels. It has a historical peak of 60,000 barrels per day and Ghana’s daily petroleum demand, he said, is about 100,000 barrels.
“If TOR can supply even half of national demand, supported by other local refineries, Ghana can significantly reduce its dependence on imported fuel,” he said.
While commending TOR’s management for restarting operations, Mr Amoah maintained that sustained investment and long-term planning are essential if the refinery was to fully support Ghana’s energy security and economic development.
Writer’s email [email protected]
The Party has announced its intention to contest Ghana’s 2028 general elections
The African Continental Unity Party (ACUP) has unveiled an ambitious Pan-African political vision, positioning Ghana as the starting point for what it describes as a continent-wide political movement anchored on youth and women participation.
The Party has announced its intention to contest Ghana’s 2028 general elections, describing the move as a strategic first step toward advancing African unity, self-reliance and people-centred governance across the continent.
Speaking to the media during an End of Year Pan-African Health Walk organised by the Party on December 27, 2025, the Interim Chairman of ACUP, Ken Ameovi Gbeve, said the Party was born out of the desire to unite African youth around a shared political and ideological purpose.
According to him, ACUP’s vision goes beyond national politics, seeking to build a new political consciousness that empowers Africans to take control of their governance and development agenda.
“We are not here to make up the numbers. We are here to win political power, starting from Ghana, and to rule Africa beginning from Ghana,” Gbeve said.
He disclosed that ACUP already had an operational presence in several African countries, including Nigeria, Sierra Leone, The Gambia, the Democratic Republic of Congo, South Africa, Kenya, Tanzania and South Sudan, supported by a global coordinating team to drive its expansion.
Gbeve confirmed that Ghana would serve as the Party’s first electoral testing ground in 2028.
On the Party’s legal status, he said ACUP was granted a provisional certificate by the Electoral Commission (EC) in July 2023 and had since met most of the requirements for full registration, including the establishment of structures nationwide and the drafting of an original party constitution.
“We have gotten to the zenith of our preparation. When there is a glitch, the EC calls us and we fix it. Now we are only waiting for gazetting,” he stated.
The Interim General Secretary of ACUP, Kwadwo Agyei Yeboah, said the Party distinguished itself from other political groupings by placing emphasis on what he termed an “organised people’s agenda” rather than personality-driven politics.
“ACUP is not a party for one individual. The vision is the leader,” he said, arguing that Africa’s governance challenges required a fundamental restructuring of citizen participation.
He attributed Ghana’s political stagnation to decades of power alternation between the New Patriotic Party (NPP) and the National Democratic Congress (NDC), without meaningful transformation in governance outcomes and urged citizens seeking change to rally behind ACUP.
Addressing the Party’s gender agenda, the Interim Women’s Organiser, Nana Ama Dankwa Konadu, said ACUP was committed to grooming women for substantive leadership roles rather than offering symbolic representation.
“We are not giving women quota. We are grooming women to become a substance of decision-making,” she said, stressing that women would play critical roles before, during and after elections.
At the regional level, the Interim Eastern Regional Chairperson, King Augustine Kumakuma Sarpong, described ACUP’s Pan-African message as a response to leadership failures and political instability across parts of Africa, including the recent spate of military coups in West Africa.
He said the Party was focused on empowering the youth to drive political change and pledged to work towards breaking the dominance of the two major political parties in the region.
AM
Also, watch below Amnesty International’s ‘Protect the Protest’ documentary as the world marks International Human Rights Day 2025
The wait is over! The GhanaWeb Excellence Awards 2025 is officially launched. Let’s Celebrate impact, innovation and excellence across Ghana.
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Nominate now 👉 https://ghanaweb.com/ghanaexcellenceawards/nominate
Head of Public Events and Communications at Charterhouse, Robert Klah, has urged Ghanaian artistes to pay greater attention to the local music market and embark on consistent nationwide tours, just as they do when promoting their work internationally.
Reflecting on developments in the entertainment industry as part of the 2025 wrap-up, Mr Klah questioned why many Ghanaian artistes choose to tour abroad immediately after releasing songs or albums, while neglecting structured tours within the country to consolidate their local fan base.
Speaking on The Chat on Channel One TV on Saturday, December 27, 2025, he observed that most artistes do not deliberately plan sustained tours across Ghana when they release new music.
“Many of the artistes do not really think about a consistent touring of the Ghanaian space. So, many of them wait for gigs in different parts of the country before they go to those places. However, when they release their songs or albums, for the most part, you don’t see their actions when we talk about touring places in Ghana,” he said.
Mr Klah stressed that Ghana’s population presents a strong opportunity for artistes to grow their fan base locally if they intentionally target key areas with live performances and listening sessions.
“But I have maintained that that is one of the key areas we have to start focusing on because you have 34 million people in this country, and you need to be able to focus on the specific hotspots and take your music to them. When you release your music, yes, they will hear it, but you need to engineer some live listening sessions that will quickly push your song up,” he explained.
He added that combining strong local touring with international promotions would enable artistes to make a meaningful impact both at home and abroad.
“If artistes were embarking on that level of tour, there is not going to be any flaw. You do this, and you do the touring internationally as well, and you know you are making an impact both locally and internationally,” he noted.
Adding to the discussion, the Managing Director of DrupZ Universal, Miss Eugenia, explained that financial incentives often drive artistes to focus on international tours.
According to her, streaming revenues from international markets are significantly higher than those generated within Africa, making overseas promotion more attractive.
She added that an artiste’s musical style and long-term vision also play a role in determining whether they prioritise global exposure or begin by consolidating their local presence.
“The reason why many of our persons are also touring internationally is that over there, when they stream your music, the pay is much higher than when you stream here in Africa.
“Also, the type of music and the vision you have as an artistes will inform your decision to go global, most of the time starting from the local market,” she said.
KiDi lines up top music stars at ‘Likor On The Beach’ 2025
President of Central African Republic, Faustin-Archange Touadéra
General elections in the Central African Republic (CAR) concluded on December 28, 2025, in a calm and peaceful atmosphere, according to post-election assessments released this morning by the Réseau Arc-en-Ciel (RAC).
The nation’s leading domestic observation network reported that the voting process, which closed at 6:00 p.m. local time, was marked by orderly conduct and significant civic participation across the country.
Approximately 2.4 million eligible voters had the opportunity to cast ballots for the presidency, legislative seats, and local authorities.
Voting took place at 6,700 polling stations nationwide, with the RAC confirming that polls were accessible even in remote regions. The National Elections Authority (A.N.E.) is scheduled to announce the preliminary results on January 5, 2026.
The RAC’s assessment of a peaceful process aligns with reports from international observers, including missions from the European Union (EU) and the African Union (AU).
No serious security incidents were recorded during the voting hours. Both domestic and international experts have highlighted the high voter turnout as a key feature of this election cycle.
Seven candidates competed for the head of state. Incumbent President Faustin-Archange Touadéra, who is seeking a third term, is viewed as the dominant figure in the race, running with the support of the United Hearts Movement (MCU).
Under the current constitution, the presidential term lasts seven years. To secure an outright victory in the first round, a candidate must win an absolute majority (50% plus one vote). Should no candidate meet this requirement, a runoff election is scheduled for February 2026.
President Touadéra’s main challengers are former Prime Ministers Anicet-Georges Dologuélé (Union for Central African Renewal – URCA) and Henri-Marie Dondra (UNIR).
The ballot also included independent candidates Serge Djorie, Aristide Briand Reboas, Eddy Symphorien Kparekouti, and Marcellin Yalamende. International media analysis leading up to the vote noted Touadéra’s strong standing regarding national security and popular support.
Voters also elected members of the National Assembly, the country’s unicameral parliament comprising 140 seats. The legislative mandate is also seven years.
The parliamentary race featured 685 candidates, nearly half of whom ran as independents, with the rest representing over 40 political parties.
Analysts predict the ruling MCU will likely strengthen its position and retain its majority, aiming to exceed the 61 seats it held in the previous convocation. A potential second round for parliamentary seats is scheduled for April 5, 2026.
Member of Parliament for Manhyia South, Nana Agyei Baffour-Awuah
Member of Parliament for Manhyia South, Nana Agyei Baffour-Awuah has expressed concerns that the Constitution Review Committee is focusing much more on the Presidential tenure and not enough on the judicial system.
He believes the judiciary should operate independently without interference from the Executive.
Baffour-Awuah emphasised on JoyNews’ Newsfile on Saturday, that, the committee’s priorities seem skewed, and the Judiciary’s independence is crucial for Ghana’s democratic framework.
He cautioned that undermining the Judiciary could make it a subsidiary of the Executive, compromising its ability to check and balance the government.
According to him, institutions are not ready for the extension of a President’s tenure and that the report lacked emotional sentiments.
He argued that Ghana’s governance challenges require legal provisions that ensure continuity of presidential leadership, rather than extending presidential term limits.
This follows a summary of the Constitution Review Committee’s report submitted to the President which recommends an extension of presidential tenure from four to five years.
The Ghana Tourism Authority (GTA) has formally reached out to Nigerian music star and entrepreneur Mr. Eazi following his public proposal to contribute an initial US$2 million towards the development of an ultra-modern indoor-outdoor events centre in Ghana.
The confirmation was made by the Deputy Chief Executive Officer of the GTA, Gilbert Abeiku Aggrey, via a post on X (formerly Twitter). According to him, the Authority has initiated engagement with the artiste and expressed appreciation for his interest in supporting Ghana’s creative and tourism infrastructure.
Mr. Eazi first floated the idea during a live performance at the just-ended Detty Rave Concert in Accra, where he highlighted the need for a world-class venue capable of hosting large-scale concerts, festivals and international events. His proposal forms part of a broader private sector-led vision to strengthen Ghana’s position as a leading entertainment and cultural destination in Africa.
The announcement sparked widespread discussion across social media, with many creatives and industry stakeholders welcoming the move as a timely intervention to address the long-standing lack of purpose-built, large-capacity event venues in the country.
The proposed indoor-outdoor events centre is expected to support year-round programming, improve event safety and logistics, and attract more international acts and festivals to Ghana, boosting tourism, job creation and the creative economy.
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A former armed robber who says he has left his criminal life behind has made shocking claims about alleged spiritual practices involving some pastors and politicians in Ghana.
In a video seen by GhanaWeb and shared on X on December 27, 2025, the young man, whose identity is unknown, claimed that some people in positions of power engage in occult and ritual activities in their quest for wealth, fame, and political influence.
Member of Parliament for Manhyia South, Nana Agyei Baffour-Awuah
Member of Parliament for Manhyia South, Nana Agyei Baffour-Awuah has expressed concerns that the Constitution Review Committee is focusing much more on the Presidential tenure and not enough on the judicial system.
He believes the judiciary should operate independently without interference from the Executive.
Baffour-Awuah emphasised on JoyNews’ Newsfile on Saturday, that, the committee’s priorities seem skewed, and the Judiciary’s independence is crucial for Ghana’s democratic framework.
He cautioned that undermining the Judiciary could make it a subsidiary of the Executive, compromising its ability to check and balance the government.
According to him, institutions are not ready for the extension of a President’s tenure and that the report lacked emotional sentiments.
He argued that Ghana’s governance challenges require legal provisions that ensure continuity of presidential leadership, rather than extending presidential term limits.
This follows a summary of the Constitution Review Committee’s report submitted to the President which recommends an extension of presidential tenure from four to five years.
Special Aide to former Vice President Dr Mahamudu Bawumia, Akosua Manu, popularly known as Kozie, has called on executives and stalwarts of the New Patriotic Party (NPP) to rally behind former Vice President Dr Mahamudu Bawumia, describing him as a leader whose values align with the party’s most successful electoral moments.
Speaking at a gathering of polling station executives, constituency and regional officers, former ministers, CEOs, campaign team members and former parliamentary candidates, Ms Manu said the NPP has historically won elections when its flag bearer embodies three core beliefs: putting the nation first, being principle-driven and remaining people-centred.
“Our party has always had success in the polls when we represent a flag bearer who puts the nation first, is principle-driven and people-centred,” she said, arguing that Dr Bawumia best represents those values among the party’s current crop of leaders.
To illustrate her point, Ms Manu referenced key moments in the party’s history, beginning with the 1996 elections, when then-candidate John Agyekum Kufuor accepted defeat and attended the inauguration of former President Jerry John Rawlings.
“He showed exceptional maturity, and Ghanaians saw it and said, ‘This is a true gentleman’. Four years later, President Kufuor won the election,” she noted.
She also recalled the aftermath of the 2012 presidential election, which she described as one of the most controversial in Ghana’s political history. According to her, former President Nana Addo Dankwa Akufo-Addo resisted pressure to incite public unrest after losing the polls and instead pursued legal redress at the Supreme Court, with Dr Bawumia playing a key role in the process.
“Four years later, having put the nation first, Ghanaians rewarded Nana Akufo-Addo with power,” she said.
Ms Manu further pointed to events surrounding the December 7, 2024, general elections, claiming intelligence reports suggested attempts to foment unrest by accusing the NPP of refusing to hand over power. She said Dr Bawumia’s response once again reflected restraint and national interest over personal ambition.
“He believed that not a single drop of blood should be shed on account of his personal ambition,” she said.
Describing Dr Bawumia as an exemplary former Vice President, Ms Manu praised his loyalty to the party, saying he had never denigrated the NPP or placed his personal ambitions above its core values.
“At no point in time did Dr Bawumia put his ambition above the party. He has always remained loyal to the party and its true values,” she stated.
She described him as “the best vice president we have seen” and expressed confidence that he would perform even better as president if given the opportunity.
As the NPP looks ahead to future elections, Ms Manu urged party members to remember the three guiding principles she outlined and to support Dr Bawumia’s leadership bid.
“I am asking for your votes,” she said, predicting that Dr Bawumia would lead the party to victory in 2028, before inviting party members to welcome him with a standing ovation.
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.
Dr Johnson Asiama is the Governor of the Bank of Ghana
Ghana’s economy is showing strong signs of recovery, with inflation falling to 6.3 per cent in November 2025, the lowest level in years and foreign reserves rising to US$11.4 billion.
According to the Bank of Ghana, the reserve position provides nearly five months of import cover.
The cedi has appreciated by more than 24 per cent year-to-date, supported by tighter monetary policy, improved fiscal discipline, and stronger external buffers.
Economic activity has responded positively, with GDP growth reaching 6.3 percent in the first half of 2025, while non-oil growth accelerated to nearly eight per cent.
Governor of the Bank of Ghana, Dr Johnson Asiama, said the gains reflect coordinated policy efforts following one of the most difficult macroeconomic episodes in recent history.
“Just three years ago, inflation surged to 54.1 percent, reserves fell to half a month of import cover, and confidence was severely eroded. Today, the recovery is real, measurable, and meaningful,” he stated.
Dr Asiama made the remarks at the listing of First Atlantic Bank on the Ghana Stock Exchange in Accra, following a successful Initial Public Offering (IPO).
He emphasised that reform must follow recovery, describing the bank’s listing as a critical step toward building economic resilience.
“Bank listings broaden ownership, deepen accountability, and strengthen governance. They are not just capital-market exercises; they are stability instruments,” he said.
The Governor noted that Ghana’s pension sector now holds over GH¢100 billion in assets, creating significant opportunities for domestic investment beyond government securities.
“The oversubscription of recent equity offers shows that when credible assets are available, domestic capital responds,” he added.
Dr Asiama called on more banks and corporates to access the equity market, stressing that a diversified ownership structure would reduce concentration risks and support sustainable growth.
“By 2026 and beyond, deeper capital markets and broader domestic participation will enhance resilience and align the financial system with national development objectives,” he said.
The Bank of Ghana pledged continued collaboration with regulators, market operators, and institutional investors to encourage additional listings and strengthen overall financial stability.
Dr Johnson Asiama is the Governor of the Bank of Ghana
Ghana’s economy is showing strong signs of recovery, with inflation falling to 6.3 per cent in November 2025, the lowest level in years and foreign reserves rising to US$11.4 billion.
According to the Bank of Ghana, the reserve position provides nearly five months of import cover.
The cedi has appreciated by more than 24 per cent year-to-date, supported by tighter monetary policy, improved fiscal discipline, and stronger external buffers.
Economic activity has responded positively, with GDP growth reaching 6.3 percent in the first half of 2025, while non-oil growth accelerated to nearly eight per cent.
Governor of the Bank of Ghana, Dr Johnson Asiama, said the gains reflect coordinated policy efforts following one of the most difficult macroeconomic episodes in recent history.
“Just three years ago, inflation surged to 54.1 percent, reserves fell to half a month of import cover, and confidence was severely eroded. Today, the recovery is real, measurable, and meaningful,” he stated.
Dr Asiama made the remarks at the listing of First Atlantic Bank on the Ghana Stock Exchange in Accra, following a successful Initial Public Offering (IPO).
He emphasised that reform must follow recovery, describing the bank’s listing as a critical step toward building economic resilience.
“Bank listings broaden ownership, deepen accountability, and strengthen governance. They are not just capital-market exercises; they are stability instruments,” he said.
The Governor noted that Ghana’s pension sector now holds over GH¢100 billion in assets, creating significant opportunities for domestic investment beyond government securities.
“The oversubscription of recent equity offers shows that when credible assets are available, domestic capital responds,” he added.
Dr Asiama called on more banks and corporates to access the equity market, stressing that a diversified ownership structure would reduce concentration risks and support sustainable growth.
“By 2026 and beyond, deeper capital markets and broader domestic participation will enhance resilience and align the financial system with national development objectives,” he said.
The Bank of Ghana pledged continued collaboration with regulators, market operators, and institutional investors to encourage additional listings and strengthen overall financial stability.
Dr Kingsley Agyemang is the Abuakwa South MP
The Abuakwa South Member of Parliament, Dr Kingsley Agyemang, has expressed concerns over the Driver and Vehicle Licensing Authority’s (DVLA) decision to suspend the rollout of the new vehicle number plate system, initially scheduled for 1 January 2026.
According to him, the move raises serious legal and public safety concerns.
DVLA delays implementation of Ghana’s new vehicle number plate system
The suspension follows concerns raised in Parliament regarding institutional readiness, stakeholder engagement, and the absence of legislative amendments to the Road Traffic Regulations, 2012 (L.I. 2180).
The High Court also granted an injunction on 23 December 2025, restraining the implementation of the proposed system.
While acknowledging that the suspension was appropriate, the MP, in a statement dated December 29, 2025, highlighted that the DVLA’s directive allowing vehicles with Drive from Port (DP) and Defective Vehicle (DV) plates to continue using them “until further notice” is incompatible with Ghana’s insurance laws.
“DP and DV plates are, by their nature, temporary and conditional. Insurance cover issued in respect of such plates is limited in duration and scope, pending inspection and full registration. They are not intended to permit prolonged or indefinite use of vehicles on public roads,” he argued.
The MP stressed that sections of the law impose statutory duties on insurers and drivers to protect third parties in the event of accidents.
“Administrative directives cannot lawfully override these statutory obligations,” the MP warned.
He has therefore called on the Minister for Transport to intervene immediately to regularise the status of DP and DV plates in compliance with the Motor Vehicles (Third Party Insurance) Act; ensure that no vehicle operates without valid insurance; issue clear directives to the DVLA to prevent uninsured road use; and safeguard public confidence in vehicle registration and road safety.
“The continued use of DP and DV plates without clear legal and insurance regularisation, therefore, places motorists, pedestrians, and passengers at unacceptable risk and undermines the integrity of Ghana’s compulsory motor insurance regime,” he said.
DVLA announces new charges for vehicle registration and related services
He added, “Compulsory motor insurance exists to protect the public, not to accommodate administrative uncertainty. The law is clear, and compliance is not optional, the National Insurance Commission must therefore rise to ensure strict enforcement of insurance provisions.”
MAG/EB
Christmas Festivities: Avenor traders, buyers speak on livestock sales
Sudan head coach, James Kwasi Appiah
Sudan head coach, Kwasi Appiah has made it clear that his side has its sights firmly on winning the 2025 Africa Cup of Nations, insisting the Falcons of Jediane are not in the tournament merely to make up the numbers.
After suffering a narrow 1-0 defeat to Algeria in their opening Group E fixture, Sudan bounced back in emphatic fashion with a hard-earned 1-0 victory over Equatorial Guinea on Sunday, December 28, 2025, in Casablanca.
Speaking after the match, Appiah praised his players but stressed that the team’s ambitions extend far beyond a single victory.
“I am happy with the win, but our ambition is to win the title, not just to achieve a single victory. We have experienced players, and their performance was strong,” the Ghanaian gaffer said after the game.
He acknowledged the challenges his side faced during the encounter but commended their resilience and quality.
“We faced some difficulties, but we always try to show good quality in our matches to achieve victories. I thank everyone who supported us in this match, especially the fans.”
Sudan will now turn their attention to a decisive final group fixture against Burkina Faso on New Year’s Eve at the Mohammed V Stadium, with a place in the Round of 16 firmly at stake.
“When you take part in any tournament, the main ambition is to get through the group stage and go as far as possible. We achieved what mattered most, and we are mindful of these objectives of reaching the furthest stage possible. We are not here to just participate,” he added.
Bank of Ghana headquarters
The Bank of Ghana (BoG) has exempted informal cross-border traders from the requirement to obtain a Letter of Commitment (LOC).
In a public notice, the central bank outlined guidelines governing the use of the LOC for exports, stating that traders engaged in informal cross-border transactions are not required to secure the document.
According to the guidelines, the LOC, generated through the Integrated Customs Management System (ICUMS), is mandatory only for formal exporters who receive foreign exchange proceeds, are resident in Ghana, are licensed by relevant government agencies, and hold a valid Tax Identification Number (TIN).
The Bank explained that traders who conduct business with buyers in neighbouring countries such as Côte d’Ivoire, Togo and Burkina Faso, without registration on ICUMS or the use of formal invoices, are not required to present an LOC.
It further clarified that the LOC should not be included in documentation for such informal transactions.
The notice also cautioned freight forwarders and customs house agents against using their own credentials to generate LOCs on behalf of traders who do not qualify for the document, stressing that the practice must be eliminated.
Estimates from the Ministry of Trade and international bodies, including the International Trade Centre, indicate that Ghana earns several billion dollars annually from informal cross-border commerce.
A recent assessment suggests that the value of informal trade with neighbouring countries could exceed $3 billion each year, providing livelihoods for millions of people and ensuring the steady flow of essential goods across the sub-region.
Member of Parliament (MP) for Ho Central, Mr. Richmond Kofi Kpotosu, has announced that the construction of two bridges linking Sokode and Akrofu is expected to be completed and opened to traffic by the end of January 2026.
Mr. Kpotosu gave the assurance after inspecting the Sokode–Akrofu Road and Bridge Project, emphasising that the exercise aimed to ensure the works met engineering standards and project specifications.
He described the project as a critical transport corridor for residents of Ho Central and the wider Volta Region, noting that timely completion would boost mobility and economic activity.
The Managing Director of Bumecom Investment Company Limited, the contractor, Mr. Eric Agbley, stated that the project had made significant progress, with concrete works on the two bridges approximately 90 percent complete and only the casting of the bridge decking remaining.
He added that, barring unforeseen circumstances such as adverse weather, the bridges would be ready by the end of January 2026.
Mr. Kpotosu expressed satisfaction with the pace and quality of work and urged the contractor to maintain momentum. He also noted that major construction works on the Sokode–Akrofu road were currently under procurement and would commence soon.
The MP commended the contractor and thanked residents and stakeholders for their continued support and prayers toward the successful completion of the project.
The Ghana Health Service (GHS) has confirmed two new Mpox-related deaths, pushing the country’s cumulative death toll to six.
According to the latest Mpox update released by GHS dated December 22, 2025, 13 new cases have also been recorded, bringing Ghana’s total Mpox cases to 947 since the outbreak began.
They added that there are currently no patients on admission, urging the public to avoid crowded places during this festive season if possible.
The GHS also encouraged the public to report symptoms early and seek medical attention promptly to help contain the spread of the virus.
The Mpox spreads mainly through close contact with an infected person.
Symptoms include fever, rash, headache, muscle aches, swollen lymph nodes, chills, and tiredness.
Head of IGP’s Special Operations Taskforce fighting the alarming illegal drug trade and consumption in the Northern Region, DSP Ahaji Jalil Bawah has served notice that some chiefs may soon be handcuffed and shamed over their involvement in the menace.
He indicated that the move is not intended to undermine the Overlord of Dagbon, Yaa Naa Abukari II, but rather aimed at injecting sanity into the system, given that some traditional rulers appear complicit in the fight against the menace.
As part of activities marking his annual Christmas celebrations, the Member of Parliament for North Tongu and Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has awarded 50 tertiary scholarships to students from the constituency.
The scholarships are aimed at supporting beneficiaries who will be returning to school in January 2026, easing the financial burden on families and promoting access to higher education.
According to Mr Ablakwa, the initiative forms part of his broader commitment to investing in education and human capital development in North Tongu.
“I also provided 50 tertiary scholarships for students going back to school in January 2026,” he announced, emphasising that education remains a key pillar of his development agenda for the constituency.
He thanked his wife, friends and the Volta Regional Minister for their continued support, noting that such partnerships are crucial in sustaining impactful social interventions for the benefit of constituents.
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.
NACOC officers on patrol which dismantled drug dens
The Narcotics Control Commission (NACOC) has dismantled multiple drug dens across the Eastern and Greater Accra Regions, seizing large quantities of illegal substances and arresting dozens of suspects.
Dubbed “Operation White Ember,” the crackdown targeted areas including Mamfe, Tutu, Madina Redco Flats, Zongo Junction, and the railway slums of Airport City.
According to NACOC, it extended the raids on December 26, 2025, to Tema Community 1 and Teshie Nungua, with the support of the commission’s K9 unit, resulting in 72 arrests.
“Officers struck drug hubs spanning from Mamfe, Tutu in the Eastern Region to the Madina Redco Flats, Zongo junction to the railway slums of Airport City. On Boxing Day, the Commission conducted similar raids in Tema Community 1 and Teshie Nungua, where dozens of arrests were made, and drugs were seized with the help of the NACOC K9 dogs,” NACOC stated.
NACOC stated that it believes its dismantling of the dens and seizure of drugs have saved lives.
“NACOC believes the exhibits seized, ranging from ecstasy and methamphetamine to cannabis-laced alcohol, represent “thousands of lives saved from the brink of addiction” this December,” it noted.
The operation included patrols in high-traffic public spaces, such as shopping malls and beaches, and officers engaged directly with residents. Many community members cheered as drug peddlers were removed from their streets.
NACOC officers also conducted on-site public education sessions, briefing citizens on the dangers of drug abuse and its impact on neighborhood safety.
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The seized substances included ecstasy, methamphetamine, and cannabis-laced alcohol, reflecting the diversity and scale of illegal drugs circulating in the regions.
The Commission said that it will continue these raids in the coming days and months to ensure a sustained environment of security in the country.
MAG/EB
#TrendingGH: Mixed reactions greet church members on 2025 Christmas celebration