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Why Ghana’s first national zoo was at the Flagstaff House under Nkrumah

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The seat of government, the Flagstaff House, was renamed the Jubilee House play videoThe seat of government, the Flagstaff House, was renamed the Jubilee House

Did you know that the current seat of government, now known as the Jubilee House, once hosted the country’s first national zoo?

The first President of Ghana, the late Osagyefo Dr. Kwame Nkrumah, loved animals so much that he kept a collection of animals at the Office of the President, which used to be called the Flagstaff House.

Speaking to GhanaWeb’s Ernestina Serwaa Asante in a special edition of People & Places on GhanaWeb TV, the Director of the Kwame Nkrumah Memorial Park, Edward Quao, narrated how Nkrumah’s love for animals led to Ghana having its first national zoo.

He said that what was Nkrumah’s private collection of both domestic and wild animals was later opened to the general public.

“Dr. Nkrumah, besides everything, was also a lover of animals. Most Ghanaians don’t know, but our first national zoo used to be at the Flagstaff House.

“It was his private collection… that was later made public, especially to kids. He was a lover of animals,” Quao said.

He also added that Nkrumah’s collection of animals included lions, crocodiles, and other wild animals.

“It was a zoo, so there was everything: the crocodiles, the lions, the peacocks, and all other animals were there,” he added.

Watch his remarks about the zoo in the full interview below (from: 22:00)

BAI/AE

In the meantime, catch the latest Twi News on GhanaWeb TV below:

You can also watch videos from the National Economic Dialogue below:

Scrapping E-Levy is a mistake – Professor Stephen Adei

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Renowned economist, Professor Stephen Adei Renowned economist, Professor Stephen Adei

Renowned economist Professor Stephen Adei has expressed his belief that removing the Electronic Transfer Levy (E-Levy) is a mistake.

According to him, a better approach would have been to rationalise existing taxes rather than eliminate the levy entirely.

Speaking on TV3’s Agenda show on Tuesday, March 4, 2025, Professor Adei stated, “I have always felt that it is wrong to remove the E-Levy… There are other taxes, so they should have rationalised them, reducing their multiplicity.”

He further argued that President Mahama would eventually be forced to introduce alternative taxation methods after eliminating both the E-Levy and betting taxes.

“The way President Mahama put it, he has no choice but to scrap the E-Levy and betting taxes and find another way to replace them. I think any alternative will be messier than the E-Levy,” he added.

His remarks follow a pledge by the Minister of Finance, Dr. Cassiel Ato Forson, to remove the controversial E-Levy in the government’s first budget, set to be presented on March 11, 2025, if approved.

Dr. Forson has argued that the E-Levy discourages digital transactions and hinders the country’s progress toward a cashless economy, while the betting tax generates minimal revenue.

Introduced in 2022, the E-Levy faced strong public opposition, with critics arguing that it added to the financial burden of Ghanaians.

However, the government defended it as a necessary measure to generate revenue for national development.

SA/MA

Meanwhile, watch this Ghana Month special edition of People and Places as we hear the story of how the head of Kwame Nkrumah’s bronze statue was returned after 43 years, below:

I want to enjoy soft life

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Salma Mumin and Cristiano Ronaldo Salma Mumin and Cristiano Ronaldo

Ghanaian actress and entrepreneur Salma Mumin has said that she would like to be the wife of football great Cristiano Ronaldo if the opportunity arises.

She stated that being the wife of the Real Madrid legend, known for his staggering financial earnings, would afford her a comfortable life.

The actress stressed that being Ronaldo’s wife would enable her to enjoy a luxurious life, also referred to as the ‘soft life’.

“If I were Cristiano Ronaldo’s wife, I wouldn’t have to stress about making my own money. I could just relax and enjoy the soft life,” she remarked, laughing afterwards, as reported by Pulse.com.

Cristiano Ronaldo and Georgina Rodriguez have been in a relationship since 2016. The Argentine-Spanish model met the Portugal star during his time with Real Madrid at a Gucci retail store in Spain, where she worked as a sales assistant.

The couple share two biological children; Alana Martina, born in 2017, and Bella Esmeralda, born in 2022. Sadly, Bella was part of a twin pregnancy, but her brother, Ángel, passed away at birth.

Meanwhile watch as Ghanaians debate the appointment of Jordan Ayew as Black Stars captain below

SB/EK

Sandra Ababio Is The Reason Lilwin And I Broke Up, He Used To Beat Me – Ex-Wife Of Lilwin Claims

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Felicia, the ex-wife of popular Ghanaian actor and musician Lilwin, has opened up about the alleged reason behind the breakdown of their marriage.

In a recent interview, she claimed that actress Sandra Ababio played a significant role in their separation and that Lilwin physically abused her during their time together.

According to Felicia, while she was still married to Lilwin, she stumbled upon explicit photos of Sandra Ababio on his phone. This discovery raised serious suspicions about the nature of their relationship. However, when she confronted Lilwin about it, he allegedly dismissed her concerns.

Over the years, Sandra Ababio has denied having any romantic involvement with Lilwin. She has repeatedly stated that they were nothing more than good friends and colleagues in the entertainment industry. Despite Sandra’s denial, Felicia remains convinced that the two were intimately involved, leading to the collapse of her marriage.

Felicia further alleged that her ex-husband subjected her to physical abuse during their marriage, something she endured for a long time before finally walking away.

Meanwhile, Lilwin has also publicly addressed the reasons for their divorce, offering a different perspective. According to him, his marriage to Felicia ended because of her disrespectful behaviour and her inability to carry herself in a manner he found befitting of his status. He even went as far as to describe her as someone who acted like a “village girl,”

See the video below;

Source:Ghanacelebrities.com

Black Stars Technical Team Meets Sports Minister

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Black Stars Technical team members with Kofi Adams (in Kaftan)

 

In a significant step toward Ghana’s World Cup qualification campaign, the President of the Ghana Football Association (GFA), Kurt Okraku, led the Black Stars’ technical team to meet with the Minister for Sports and Recreation, Kofi Adams yesterday.

The meeting, held in the Minister’s office, served as an official introduction of the technical team to the government’s sports leadership.

Okraku emphasised the importance of the visit, stating that he sought the Minister’s support and blessings to ensure the team’s success, particularly in the crucial World Cup qualifiers ahead.

Welcoming the delegation, Kofi Adams expressed his commitment to the team’s success, urging a united effort from all stakeholders.

He reaffirmed his open-door policy, encouraging the coaches and officials to reach out whenever his assistance was needed. He further challenged the team to work cohesively, emphasising that Ghana’s qualification for the 2026 FIFA World Cup must be a shared national priority.

Among those present at the meeting were Black Stars head coach Otto Addo; Technical Director, Winfried Schäfer, and Assistant Coach Desmond Ofei. Their presence underscored the significance of the occasion, as Ghana gears up for a crucial phase in its football journey.

 

By Wletsu Ransford

BoG’s new headquarters cost rises to $261.8 million after multiple revaluations – BoG Governor reveals

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The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that the total cost for the construction of the bank’s new headquarters has risen to $261.8 million following a series of revaluations and additional project requirements.

Briefing Parliament on the cost of the new building on Wednesday, March 5, Dr. Asiama stated that the project, located at West Ridge, initially had an estimated cost of $81.8 million as approved by the Public Procurement Authority (PPA).

Ghana Premier League Calendar Updated After Unexpected Break

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The Ghana Premier League is set to resume on Friday, March 7, 2025, following a one-month unexpected break due to the passing of Asante Kotoko fan, Francis Yaw Frimpong.

As a result, the Competitions Department has made adjustments to the league calendar to accommodate the lost time.

According to the revised schedule, Match Days 20, 21, and 22 will be treated as outstanding fixtures and played in midweek to ensure the league remains on track.

This adjustment is crucial in maintaining the competitive balance of the season while avoiding major disruptions to the overall calendar.

The league’s return promises thrilling encounters as fans prepare to cheer on their teams once again.

Find attached the updated Ghana Premier League calendar.

GFA COMMUNICATIONS

End the debate – time for full disclosure

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File photo of the Ghana flag File photo of the Ghana flag

The ongoing debate about Ghana’s financial position following the transition from the Akufo-Addo administration to the John Dramani Mahama-led government has left many Ghanaians demanding one thing—transparency. The Majority claims the previous government left no financial buffers, while the Minority insists otherwise. But in all this back-and-forth, one crucial question remains unanswered: Where is the evidence?

If both parties are confident in their claims, the solution is simple—publish the handing-over financial statement and show Ghanaians the truth. Political debates and press conferences will not provide clarity; only official documents can settle the matter. Transparency should not be selective or delayed. The people of Ghana deserve to see the real financial state of the country at the time of transition.

Financial Records Should Not Be Secret

Government financial records, especially during a transition, should not be treated as secret documents accessible only to a select few. These records belong to the people of Ghana, who are the rightful custodians and have the right to know the exact financial standing of their country.

Looking back at previous transitions, financial transparency has always been a point of contention. During the handover from the Kufuor-led New Patriotic Party (NPP) administration to the Atta-Mills-led National Democratic Congress (NDC) in 2009, similar concerns arose. The same happened in 2017 when the NPP took over from the Mahama administration. In each case, political debates took centre stage, but what truly settled the arguments were official financial reports, not press statements or partisan interpretations.

This is why it is necessary for the financial statements to be published. If there is nothing to hide, there shouldn’t be any difficulty in making the figures public.

Revenue Alone Does Not Tell the Full Story

The Minority in Parliament has pushed back against claims that the Akufo-Addo government left no financial buffers. They argue that as of the end of 2024, the government left over GH¢5 billion in buffers from revenue collected by the Ghana Revenue Authority (GRA) in the Treasury Main 2 Account.

However, there is a major flaw in this argument. The Former Minister of Finance, Hon. Mohammed Amin Adam, in his public address, emphasized that the GRA had collected a total of GH¢68.49 billion as of June 2024, surpassing its mid-year target of GH¢67.9 billion. While this demonstrates effective revenue collection, it does not account for the high expenditure incurred.

Revenue alone does not determine financial health—expenditure matters just as much. If the government collected significant revenue but spent even more, then the so-called GH¢5 billion buffer may not be as solid as it seems. Without a clear breakdown of how much was spent on the revenue generated, the real financial position remains uncertain.

Why the Delay in Making Figures Public?

The transition team has received full financial records. These include revenue reports, expenditure details, outstanding debts, and commitments made by the outgoing administration. It is, therefore, surprising that months after the transition, there is still uncertainty over the numbers.

Additionally, the outgoing government continued to operate on unrestricted expenditure until January 6, 2025. If they were operating with a budget, then where are the figures? What was allocated, and what was left behind? Was the GH¢5 billion spent? These are questions that need answers.

Hon. Felix Kwakye Ofosu, speaking on Newsfile hosted by Sampson Lardi Anyenini, noted that he has original copies of the bank statements as of the time they took over, which he could share with the host on Newsfile on Joy News TV. So what prevents them from sharing them with the public?

Ghanaians Deserve the Truth

At the heart of this debate is a simple reality: Ghana’s economy belongs to the people, not political parties. The ongoing disagreements do not benefit the ordinary Ghanaian, who is more concerned about job creation, stable inflation, and economic growth than about which political party wins an argument.

The only way to move forward is for both parties to release the balance sheet. If the figures are clear and unaltered, the public can independently assess the situation.

For too long, Ghana’s politics has been filled with accusations and counter-accusations. The time for speculation is over. It is time to back words with action. Publish the balance sheet now and let the facts speak for themselves.

Franklin Cudjoe ‘exposes’ MP behind ‘daughter of murderer’ comment

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Franklin Cudjoe is the Founding President of IMANI Africa

The Founding President of IMANI Africa, Franklin Cudjoe, has stated the name of an individual he believes to be behind the disparaging ‘daughter of a murderer’ comment made during parliamentary proceedings on February 4, 2025.

In a Facebook post on Wednesday, March 5, 2025, Franklin Cudjoe identified the individual he claimed is responsible for the remarks as ‘Abu.’

He urged this ‘Abu’ to take responsibility for his comments and issue an apology to the Member of Parliament of Klottey Korle, Dr. Zanetor Agyeman-Rawlings, for making such disparaging remarks directed at her.

Cudjoe argued that in terms of intellect, integrity, and respect, this ‘Abu’ cannot compete with Dr. Agyeman-Rawlings, nor can he be considered her equal or associate, except in their shared roles as lawmakers in Parliament.

“Dear Abu,

“Just apologise to the lady for the uncouth remarks. But for Parliament, you really wouldn’t be fit to be her associate in intellect, respect, and honor,” he posted.

Although Franklin Cudjoe did not explicitly mention the individual’s full name, referring to him only as ‘Abu,’ many critics have linked the comment to Samuel Abu Jinapor, the Member of Parliament of Damongo.

This follows Speaker of Parliament Alban Bagbin’s directive ordering a formal investigation to identify the MP who made the comment in the chamber.

Bagbin further gave the culprit a week ultimatum to come forward or face severe consequences.

On February 5, 2025, Samuel Abu Jinapor, however, denied the widespread claims accusing him of making unsavory and defamatory ‘daughter of a murderer’ remarks aimed at attacking the character of Dr. Zanetor Agyeman-Rawlings during a parliamentary sitting.

In a statement on his social media account on X (formerly Twitter) on Wednesday, February 5, 2025, Abu Jinapor expressed his respect for the family of the late Jerry John Rawlings, emphasising that attempts linking him to the comments are false.

“The general public is kindly advised to totally disregard the suggestion that I made unsavory comments about Hon. Dr. Zanetor Rawlings while she was on her feet on the floor of Parliament contributing to a statement. For the record, the said allegation is absolutely false. I have utmost respect for Former President Jerry John Rawlings, his family and Dr. Zanetor Rawlings in particular,” he said.

The former Minister of Lands and Natural Resources maintained his integrity, emphasising that he does not engage in debates that involve insults or character assassination.

“I have always believed in decent debates and intellectual discourse in Ghanaian public life and Parliament especially, devoid of insults and character assassination!” he added.

It must be stated that it is unclear how many Members of Parliament currently are known as ‘Abu.’

MAG/AE

Meanwhile, watch this Ghana Month special edition of People and Places as we hear the story of how the head of Kwame Nkrumah’s bronze statue was returned after 43 years, below:

Stylish Outfits Made With Different Types of Fabrics You Can Rock to Any Event

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Dressing stylishly for any event requires choosing the right outfit made from fabrics that enhance both comfort and elegance. The type of fabric used plays a significant role in defining the overall look and feel of an outfit, making it essential to select materials that suit the occasion. A well-tailored outfit made from high-quality fabric not only improves appearance but also boosts confidence, ensuring a fashionable and polished look.

Lace fabrics, known for their delicate and intricate patterns, add a touch of sophistication to any outfit, making them ideal for weddings, formal dinners, or special gatherings. The lightweight and breathable nature of lace allows for elegant designs that complement various body types, ensuring a graceful look. Similarly, satin fabrics provide a smooth and glossy finish that reflects light beautifully, making them perfect for evening gowns, stylish blouses, and elegant jumpsuits. The luxurious appeal of satin ensures that any outfit made from it stands out effortlessly.

Chiffon, a lightweight and flowy fabric, is often used for dresses and skirts that require a soft and airy touch, making it an excellent choice for outdoor events and cocktail parties. The sheer nature of chiffon allows for layering, creating a sophisticated appearance that enhances the overall look. Ankara fabrics, known for their vibrant prints and bold colors, bring a unique and cultural flair to any outfit, making them suitable for both casual and formal occasions. When paired with modern designs, Ankara outfits create a stylish blend of tradition and contemporary fashion.

Velvet, with its soft texture and rich appearance, adds a sense of luxury and warmth to outfits, making it ideal for evening events and special celebrations. Whether incorporated into dresses, suits, or accessories, velvet enhances the elegance of any look. By selecting outfits made from these stylish fabrics, anyone can achieve a fashionable and event-appropriate appearance.

The untold story of Alfred J. Ocansey [Video]

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As Ghana marks its 68th independence anniversary, it is important to honour the contributions of remarkable business pioneers and nationalists who played a vital role in the country’s path to freedom.

One such figure is Alfred John Kabu Ocansey, a distinguished Ga-Dangme businessman, nationalist, media mogul, and philanthropist from the colonial era.

His business ventures were both diverse and groundbreaking. He was a trailblazer in introducing the gramophone, cinema, and radio to the Gold Coast, revolutionizing the media and entertainment landscape.

His City Press also housed two of the most influential nationalist newspapers—the Gold Coast Spectator and the African Morning Post—which played a crucial role in the fight for independence.

Don’t ever compare me to Wizkid – May D warns fans

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Nigerian singer, May D has warned his fans against comparing him with any of his colleagues, especially Wizkid.

According to the ‘Soundtrack’ crooner, he’s a special breed that defies comparisons.

“Don’t ever compare me to anyone in this industry again !!

Can the Ghana Gold Board fix it?

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Ghana is the leading gold producer in Africa and one of the top gold exporters in the world. However, despite this status, the country continues to lose billions of dollars annually due to illicit gold trade and smuggling.

The government has long struggled to curb these challenges, which have not only deprived the state of much-needed revenue but have also contributed to environmental degradation and economic inefficiencies.

To address these concerns, Ghana is considering the establishment of the Ghana Gold Board, a regulatory body designed to oversee gold transactions, eliminate smuggling, and maximize state revenue. But can this new initiative truly fix Ghana’s longstanding problems in the gold sector?

The Extent of Gold Smuggling in Ghana

Gold smuggling is one of Ghana’s biggest economic leakages. Reports suggest that as much as 50% of gold produced by small-scale miners is illegally exported, often to countries like Dubai, India, and China.

This deprives the state of foreign exchange earnings and tax revenues that could be reinvested into national development projects.

The drivers of gold smuggling include:

• Weak regulatory oversight – Loopholes in the current gold trading system make it easy for illegal gold to exit the country undetected.

• High tax burdens – Some miners and traders bypass official channels due to excessive taxation and bureaucratic hurdles.

• Corrupt practices – Some officials facilitate smuggling operations by colluding with illicit traders for personal gain.

• Lack of transparency in the sector – The informal nature of small-scale mining creates an unregulated environment where gold is easily smuggled.

According to a 2021 report by the Africa Centre for Energy Policy (ACEP), Ghana loses an estimated $5 billion annually to gold smuggling. If even a fraction of this revenue were recovered, it could significantly boost the country’s economy.

How the Ghana Gold Board Can Help

The proposed Ghana Gold Board aims to bring structure, oversight, and transparency to the country’s gold industry.

By centralizing gold purchases and ensuring that all transactions go through legal channels, the Gold Board can help reduce smuggling and increase state revenue. The board’s core mandates would include:

• Centralized Gold Trading – Establishing a single entity to oversee all gold transactions will make it harder for illegal gold to leave the country undetected.

• Enhanced Monitoring and Regulation – With proper technology and enforcement, Gold Board could track every gram of gold from mining sites to export points.

• Incentives for Legal Gold Trade – Reducing bureaucratic bottlenecks and creating favourable tax policies could encourage miners to sell through official channels.

• Strengthened Law Enforcement – Partnering with security agencies to crack down on illegal gold export operations.

• Formalization of Small-Scale Mining – Providing training, financial support, and legal structures for artisanal miners to operate under government oversight.

The Economic Benefits of Fixing the Gold Smuggling Problem

If Gold Board successfully eliminates or significantly reduces gold smuggling, Ghana stands to gain in several ways:

• Increased Government Revenue – More gold passing through official channels means higher tax collections, boosting the national budget.

• Stronger Currency and Foreign Reserves – Legal gold exports would increase foreign exchange inflows, stabilizing the cedi and strengthening Ghana’s economy.

• Job Creation and Local Development – A well-regulated gold industry would create more jobs, improve working conditions for miners, and enhance local communities.

• Environmental Protection – With stricter oversight, mining activities can be monitored to reduce deforestation and water pollution caused by illegal mining.

Challenges to Implementation

While Gold Board presents a promising solution, its success depends on overcoming some major hurdles:

• Corruption and Political Interference – Strong governance structures must be in place to ensure that Gold Board operates independently and without favoritism.

• Resistance from Industry Players – Some gold traders and exporters may resist the new system, fearing loss of profits or increased regulation.

• Logistical and Technical Constraints – Effective tracking and monitoring of gold production and sales require advanced technology and well-trained personnel.

• Security Concerns – Smugglers and illegal miners may resort to violence or bribery to continue their operations.

International Examples: Lessons from Other Countries

Several gold-rich nations have successfully tackled gold smuggling through structured gold boards and regulatory reforms:

• Botswana: The country has a well-regulated diamond industry, where government oversight ensures that mineral wealth benefits the economy.

• Canada: Strict mining regulations and a transparent gold trade system have helped the country retain significant revenues from gold exports.

• South Africa: Efforts to formalize small-scale mining and impose strict export controls have helped curb illegal gold trade.

Ghana can learn from these models to develop a gold governance framework that ensures maximum economic benefits.

Conclusion: Will Gold Board Be the Game Changer Ghana Needs?

The establishment of the Ghana Gold Board has the potential to be a game changer in Ghana’s gold sector. If properly implemented, it could plug revenue leakages, formalize the artisanal mining sector, and eliminate gold smuggling, thereby boosting national development.

However, the key to success lies in strong enforcement, political will, and transparency. Without these, Gold Board risks becoming just another bureaucratic institution with little impact.

If the government is serious about transforming the gold industry, it must ensure that Gold Board is well-resourced, independent, and fully committed to its mandate.

Only time will tell if this bold initiative will bring the desired change, but one thing is certain, Ghana cannot afford to lose billions in gold revenue any longer. The country is watching.

‘I’m not sorry for being harsh towards her leadership’

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Entertainment pundit, Ola Michael Entertainment pundit, Ola Michael

Media personality and entertainment pundit, Ola Michael, has stated that he feels no remorse or sympathy towards the outgoing Executive Secretary of the National Film Authority (NFA), Juliet Asante, following her Facebook post detailing her ‘harrowing’ experience in office.

It would be recalled that on March 2, 2025, Juliet Asante, who was appointed in November 2020, disclosed the battles she encountered right from the onset.

Her recent post highlighted the personal toll of her role, including not being paid for two years, facing sexual harassment, and enduring relentless criticism from both within and outside the sector, especially from the NFA board.

However, speaking on this development during a discussion on Neat FM, Ola Michael stated that while Juliet Asante’s post provided useful information, particularly for her successor Kafui Danku, he doesn’t feel sorry for the former NFA boss.

“I don’t feel any remorse for being harsh towards Juliet’s leadership. But we thank her for letting us know how badly the NPP handled the NFA.

“What she posted is good information for everyone, especially Kafui, who I’m sure will take lessons and know how to handle,” he said.

He then accused Juliet Asante of making unilateral decisions without consulting the board, citing the naming of ‘Black Star Films’ as an example.

According to Ola Michael, such decisions should have been made collectively by the board, and her failure to do so led to conflicts.

“She is answerable to the board, so when you decide to do things without informing the board or you do things that they only get to know after the decision has been made, there will be problems.

“The issue with Black Star Films is, why would you decide to name an industry singlehandedly? This should have been a board decision, yet you decide to do it alone and when the board fights you, you have an issue with that?” he questioned.

He further claimed that Juliet misunderstood her role, acting as though she was the CEO with authority to make independent decisions.

“The challenge with her was that she did not understand the law; she did not know her role. She thought she was the CEO and had the mandate to make decisions on her own. So when the board fights you, they have a reason,” he explained.

He added, “Now she’s crying like a baby. If the board should come out to talk about the things she did while in office, we would not have peace.”

See the video below:

ID/EB

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BoG Governor gives breakdown of $261.8m headquarters

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The new BoG building is valued at $261.8 million The new BoG building is valued at $261.8 million

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has disclosed the exact amount of money the central bank, under the leadership of former Governor Dr. Ernest Addison, used for the construction of its new headquarters.

Speaking on the floor of Parliament on Wednesday, March 5, 2025, Dr Asiama disclosed that the initial estimate of $88 million for the project rose to $261.8 million.

He indicated that about $230 million has been paid to the contractor, with the project being around 98 percent complete.

“The total project cost increased to $261.8 million. Mr. Speaker, as of February this year, a total of $230 million approximately has been paid towards the project, with an outstanding balance of $31.8 million to be paid to the contractor,” he said.

Dr. Asiama went on to give a breakdown of the total cost of the project, including over $11 million on furniture.

“Mr. Speaker, a total of $48.3 million has been paid in taxes and levies that were related to the construction. Mr. Speaker, beyond the core building, separate contracts were awarded for other infrastructure.

“These include ICT systems and network infrastructure, which was awarded at a cost of $8.6 million; Integrated Electronic Security systems, which was also awarded at a cost of $15.8 million; and furniture and furnishings, which were also awarded at $11.1 million.”

He explained that some of the new features were “included to ensure that the bank operates in a secure and technologically advanced environment, in line with the needs of a modern central bank.”

BAI/EK

In the meantime, catch the latest Twi News on GhanaWeb TV below:

Meanwhile, watch this Ghana Month special edition of People and Places as we hear the story of how the head of Kwame Nkrumah’s bronze statue was returned after 43 years, below:

Inflation reduces from 23.5% to 23.1% in February 2025

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Inflation drops marginally to 23.1% in February 2025 Inflation drops marginally to 23.1% in February 2025

Inflation for February 2025 has marginally decreased to 23.1%, down from the 23.5% recorded in January.

The Ghana Statistical Service (GSS) attributed this decline to a 1.8% reduction in food inflation.

Addressing journalists on March 5, 2025, Government Statistician Professor Samuel Kobina Annim stated that the continued decline in food inflation would impact the overall inflation rate.

“Over the past four months, there has been a consistent decline in food inflation on a month-on-month basis, decreasing by 2.0 percentage points between November 2024 and February 2025,” Professor Annim noted.

He further indicated that the annual inflation rate for February was the third-highest in the last 10 months.

Watch the latest episode of Health Focus below

SSD/MA

Check out winners of the NASCO Women of the Match award

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The winners have received their prizes The winners have received their prizes

Match Day 13 of the Malta Guinness Women’s Premier League kicked off in Tamale as Savannah Ladies won 2-1 against Ampem Darkoa Ladies. Safia Abdul Rahaman, who converted a penalty for the home side to score one of the goals, was also adjudged Nasco player of the match.

Prisons FC defeated Tamale Super Ladies 4-0. Abigail Tutuwaa scored a hat-trick and also deservedly won the NASCO player of the match.

Kumasi Sports Academy won 3-0. Beatrice Osaah, who scored a brace, was also awarded the NASCO player of the match.

Northern Ladies lost by a goal to nil to Dreamz Ladies. Yaa Abrafi scored the only goal for Dreamz Ladies. However, Sarah Nyarko of the away side was adjudged the NASCO player of the match.

Fosu Royal Ladies defeated Supreme Ladies 2-1, with Eunice Pokua of the home side being awarded the NASCO player of the match.

Jonina Ladies lost 2-1. Agnes Yeboah of the home side won the NASCO player of the match.

Hasaacas Ladies defeated Faith Ladies 2-0. Rita Musah of the home side was adjudged the NASCO player of the match.

LadyStrikers won 2-0 against Halifax Queens. Blessing Fosua of the home side was awarded the NASCO player of the match.

Army Ladies won 1-0 against Epiphany Warriors. Afia Twumwaa Boadu of the army side was awarded the NASCO player of the match.

Berry Ladies thrashed Soccer Intellectuals 3-0, and Berry’s Jemima Twumwaa emerged as the player of the match.

Each player of the match took home prizes from NASCO electronics, including an electric stove and a 3-in-1 electric blender.

Minority commends BoG Governor for sincerity in providing cost of BoG Headquarters project

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By Godwill Arthur-Mensah

Accra, Mar 05, GNA – Mr Alexander Afenyo-Markin, the Minority Leader in Parliament, has lauded the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, for being honest and sincere with cost components of the new Corporate Head Office of the Central Bank.

The Minority Leader’s comments followed a presentation made by Dr Asiama to Parliament on Wednesday regarding the total contract sum of the project.

Mr Afenyo-Markin said, “We must not play political football with everything”.

He suggested that the Speaker of Parliament in the future should set up a bi-partisan committee involving experts to probe into projects of a similar nature “so that we don’t expose our ignorance to the public”.

The Minority Leader also supported the call for a value for money audit into the BoG building to erase any erroneous impression of misappropriation of funds by the previous management of the Central Bank.

On his part, Mr Ayariga Mahama, the Majority Leader, also thanked the Central Bank Governor for coming to the House to apprise members of Parliament on the various cost components of the project.

Mr Ayariga indicated that he had been involved in ensuring transparency and accountability regarding the cost of the construction of the BoG building.

He believed that after the value for money audit had been conducted into the project, the Central Bank Governor would come back to the House to brief them.

Earlier in his presentation, Dr Johnson Asiama announced that $261.8 million was the total cost of the new Corporate Head Office of the BoG located at Ridge, Accra.

He said as of February, this year, $230 million had been paid by the Government and left with $31.8 million outstanding payment to be made.

Dr Asiama said the initial contract sum of the project was $81.8 million in 2019 but subsequently revised to $121.1 million, $222.8 million and finally shot up to $261.8 million at the time of completion in 2024.

President Nana Addo Dankwa Akufo-Addo commissioned the facility in November 2024 and currently being occupied by the staff of the Central Bank.

Dr Asiama stated that the Board of the BoG would conduct a value for money audit into the construction of the facility upon being sworn in next week.

The Governor of the GoG said the project was constructed by the Goldkey Properties Limited through a restricted tender process recommended by the Public Procurement Authority

He said the structural integrity audit conducted in 2019 showed that existing BoG headquarters in Accra Central, which was constructed in 1950s was not fit for purpose, hence the decision to build a new facility to enhance security and operational efficiency.

The 20-floor tower BoG headquarters was 98 per cent complete including auxiliary facilities- Electronic Integrated System, Information and Communication Technology (ICT) system, auditorium, liquid and solid waste treatment facility, basement and car park area.

Dr Asiama said the Central Bank would comply with its mandate of ensuring transparency, financial resilience and economic growth.

GNA

‘Don’t make yourself a tool for political football’

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Minority Leader Alexander Afenyo-Markin has advised the Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, to avoid political controversies and maintain the independence of his office.

Speaking in Parliament on Wednesday, March 5, during Dr. Asiama’s appearance to address concerns regarding the cost of the BoG’s new headquarters, Afenyo-Markin cautioned against selective scrutiny of the central bank’s actions.

“I recall that in the 2015 State of the Nation Address, Mr. President [John Dramani Mahama] raised concerns about poor supervision of the banking sector by the Bank of Ghana. The governor today was the deputy governor then. Are we now picking and choosing which matters we want the governor to brief us on?” he questioned.

He further urged Dr. Asiama to resist political influence, warning, “Mr. Governor, don’t make yourself a tool for political football. The role of the governor of the central bank is critical to the economy of this country. I do not want to politicise the office of the governor, and I urge others to do the same.”

Additionally, Afenyo-Markin called on the Majority in Parliament to approach economic discussions with caution, emphasizing that their handling of such matters could have significant consequences for Ghana’s financial stability.

His remarks came amid ongoing debates over the BoG’s new headquarters, with the Minority opposing the session, arguing that due process had not been followed, while the Majority defended its legitimacy.

 

Furnishing of new BoG Headquarters to cost $11m – Governor

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Exchange rate stability? It’s completely baffling – Kwesi Pratt

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Veteran journalist Kwesi Pratt has questioned claims of exchange rate stability, describing them as baffling given the sharp depreciation of the Ghanaian cedi in recent years.

Speaking on Metro TV’s Good Morning Ghana, which was monitored by MyNewsGH, Pratt criticized the NPP’s assertion that the country’s exchange rate has remained stable.

NEW GIADEC CEO OPTIMISTIC ABOUT CONTRIBUTION OF ALUMINIUM INDUSTRY TO GHANA’S ECONOMIC RECOVERY

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The newly appointed Acting CEO of the Ghana Integrated Aluminium Development Corporation (GIADEC) Mr. Reindorf Twumasi Ankrah, has expressed optimism about the potential of Ghana’s Integrated Aluminium Industry (IAI) becoming a lead contributor to the Ghanaian economy.

Speaking at a staff durbar organized to formally welcome him as the new CEO of the Corporation, Mr. Twumasi Ankrah noted that he is determined to continue from where his predecessor left and work to position GIADEC as an institution of significant national importance that ought to be supported to develop every aspect of the aluminium value chain.

“The integrated aluminium industry is a strategic national project and if fully developed, can contribute in excess of $2BN to the economy and that is something that I believe deserves the attention of any government. My immediate focus will be to ensure that every aspect of the aluminium value chain is developed to enable us to fully harness this opportunity” he said.

Mr. Twumasi Ankrah further stated that President Mahama’s vision is to industrialize the economy and create jobs for the Ghanaian people by harnessing the country’s natural resources. Additionally, there will be a deliberate focus on the host communities where these resources are located, ensuring that the local populations benefit from the mines and refineries which will be built.

“We will work to strengthen the relationship we have established between GIADEC, the Chiefs, and the local communities. This is a crucial part of our goal to ensure that our revered Chiefs and the people in these communities ultimately become the biggest beneficiaries of a functioning Integrated Aluminium Industry”.

On his part, the outgoing CEO, Mr. Michael Ansah, expressed his gratitude to the staff for their support in advancing the development of the Integrated Aluminium Industry during his tenure and expressed confidence in the ability of the new CEO to succeed in his new role.

“We have in these past years laid a solid foundation towards taking this country to the next level of developing an Integrated Aluminium Industry. With the support of every member of staff, we are proud of the extent of work done and significant milestones including the selection of strategic partners for the IAI projects”.

Mr. Ansah urged GIADEC staff to provide their maximum support to the new CEO and assist him in realizing the mission of GIADEC which is to develop and promote an Integrated Aluminium Industry in Ghana.

GIADEC was established under the Ghana Integrated Aluminium Development Corporation Act, 2018 (Act 976), to develop and promote a globally competitive Integrated Aluminium Industry (IAI) in Ghana.

Ghana currently has an operational bauxite mine in Awaso and an aluminium smelter, the VALCO smelter in Tema. What is missing to ensure a full integration of Ghana’s aluminium industry is an alumina refinery.

Mr. Twumasi Ankrah is expected to bring his wealth of experience and dynamism to bear by offering strong leadership, providing clear direction, and build upon the foundation established by his predecessor in advancing the development of a fully operational Integrated Aluminium Industry.

 Reindorf Twumasi Ankrah is a distinguished lawyer with extensive experience. His expertise spans multiple legal domains, including the extractive industry, real estate, medical negligence, corporate and commercial law, dispute resolution, family law, and criminal defence.

Mr. Ankrah holds an LLM in Energy Law, an LLB, and a Bachelor’s degree in Political Science with Sociology, all from the University of Ghana.

He is currently a partner at Morrison, Twumasi & Partners, where he leads the firm’s dispute resolution and litigation division.

Over the years, he has provided legal advisory services on investment analysis, energy and mining policies, compliance, and legal risk management.

He has also played a crucial role in assisting clients with project financing, debt restructuring, and obtaining regulatory approvals.

By Cliff Ekuful

Ato Forson lied about SOEs being debt ridden – Fmr. Public Enterprises Minister

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Former Minister for Public Enterprises, Joseph Cudjoe, has challenged Finance Minister Dr. Ato Forson’s claim that most State-Owned Enterprises (SOEs) are financially struggling.

During the National Economic Dialogue, Dr. Forson painted a grim picture of the financial health of SOEs, stating that nearly all were facing significant operational and financial risks.

Gorgeous Plain And Pattern Gown Styles You Can Rock As A Fashionable Lady

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Fashionable ladies always seek outfits that enhance their elegance and make them stand out. Plain and pattern gown styles provide a perfect blend of simplicity and creativity, making them a must-have in every stylish woman’s wardrobe. These gowns combine solid-colored fabrics with patterned designs, creating a unique contrast that adds charm and sophistication to any look. The beauty of this style lies in its versatility, as it suits different occasions, ranging from casual outings to formal gatherings.

Wearing a well-tailored plain and pattern gown instantly elevates a lady’s appearance, giving her a refined and polished look. The combination of plain fabric with patterned material ensures a balance that prevents the outfit from looking overly dramatic or too simple. Depending on the preferred style, the pattern can be placed on specific parts of the gown, such as the sleeves, bodice, or hemline, to create an attractive effect. This thoughtful arrangement highlights the wearer’s body shape while maintaining a modest yet fashionable appeal.

Choosing the right fabric plays a crucial role in achieving a stunning result with plain and pattern gown styles. Soft and breathable materials ensure comfort, while structured fabrics give the gown a more defined shape. When paired with the right accessories, such as elegant heels, statement jewelry, and a matching handbag, the overall look becomes even more captivating. Additionally, these gowns allow for creative sleeve designs, stylish necklines, and unique cuts that reflect personal style.

Fashion-forward ladies embrace plain and pattern gowns because they offer an effortless way to stay trendy. With the right choice of colors and patterns, they can create bold, classy, or subtle looks that suit their personality. Rocking this style guarantees a fashionable appearance that exudes confidence and elegance.

23 executive members of NPP in Upper East suspended for misconduct

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Some 23 constituency executives and members of the New Patriotic Party (NPP) in the Upper East Region have been indefinitely suspended from the party for various acts of misconduct.

The suspended individuals include six constituency executives from Pusiga, 16 former and current constituency executives from Tempane, and one member from the Builsa South Constituency.

Letters have been served individually to the affected persons informing them of their suspension.

Those who held executive positions before the suspension have been directed to stop holding themselves out as executives until the regional disciplinary committee completes full investigations into their offences.

Confirming the incident, the Upper East Regional Communications Director of the NPP, Peter Ayinbisa told Myjoyonline the offences of the suspended executives ranged from campaigning against their constituency Parliamentary Candidates which resulted in several complaints from members of the party, and misappropriation of campaign funds.

He said one of them has also been accused of demanding cash from people who sought his assistance to find jobs.

Ayinbisa said the decision to suspend the 23, was made after an “Expanded Meeting of the Regional Executive Committee.”

“The Disciplinary committee will give them a hearing very soon before the final decision can be taken”, he said.

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EPA to enhance Ghana’s COP participation with pre-conference training

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The Environmental Protection Agency (EPA) is set to bolster Ghana’s participation in the upcoming Conference of the Parties (COP) in Brazil later this year with a series of comprehensive training sessions.

This initiative, spearheaded by the Acting Chief Executive Officer of the EPA, Professor Nana Ama Klutse, aims to significantly enhance Ghana’s ability to advocate for its interests and contribute to meaningful climate action.

She said this at a recent forum to reflect on the global goal of adaptation and the outcomes of COP29.

The forum highlighted that nations failed to agree on binding commitments to phase out fossil fuel subsidies at COP29.

The forum noted that one of the most significant barriers to decarbonization is subsidies, as they distort energy markets and slow the adoption of cleaner alternatives.

Key areas of focus for Ghana at the forum include adaptation, climate finance, agriculture, and gender mainstreaming.

Professor Klutse emphasized the critical need for Ghana to translate global climate commitments into tangible national actions.

“It’s a crucial platform for us to assess the outcomes of COP29, to strategize on the way forward and reaffirm Ghana’s dedication to building resilience and sustainability,” she said.

She noted that recognizing the complexities of international climate negotiations, the EPA is taking proactive steps to equip both state and non-state actors with the necessary knowledge and skills.

“We want to improve coordination for COP. We want to improve our participation and learning. So the EPA, from May, is organizing training sessions for COP negotiators and participants.

“All of you who want to participate in COP, irrespective of your constitution, irrespective of your expertise, you all have experience, you have to come and see me. Just come and train under the EPA. We need to properly coordinate our participation and contribution at COP,” she said.

She said the training sessions for COP30 were supported by the recently passed EPA Act, with an emphasis on building the capacities of Ghanaian participants at the summit.

Professor Klutse said they would focus on building capacity, providing guidance on the structures of COP, and ensuring that Ghana’s negotiation teams were well-prepared to communicate the nation’s climate vulnerabilities and priorities effectively.

Professor Klutse highlighted the importance of having accurate data and statistics to convey the severe impacts of climate change on Ghana.

“We need to have our figures right, our statistics. We need to communicate them also correctly with trainees and negotiators,” she said.