Cassiel Ato-Forson, Minister of Finance

Ghana’s finance minister, Dr. Cassiel Ato Forson, has clarified that the Mahama-led government’s net borrowing currently stands at GH¢7.1 billion, attributing it primarily to servicing debts inherited from the previous administration.

In a Facebook post on Saturday, Dr. Forson provided a breakdown of treasury bill transactions since President John Mahama assumed office in January 2025.

According to him, total treasury bill bids received by the government amount to GH¢89.7 billion, of which GH¢59.5 billion has been accepted as rollovers of existing debt, while GH¢30.2 billion has been rejected.

“For the avoidance of doubt, net borrowing by the Mahama government, as of today, stands at GH¢7.1 billion. This is primarily a buffer for servicing maturing debts accumulated by the NPP/Akufo-Addo/Bawumia government,” he stated.

Dr. Forson, who was appointed as finance minister on January 22, 2025, emphasized that the Mahama administration has effectively minimized actual debt accumulation through prudent public debt management, leading to a significant drop in treasury bill rates.

He highlighted that, within 50 days of President Mahama’s leadership, the 91-day treasury bill rate had fallen from 28.34% to 20.79%, describing it as a strong signal of investor confidence in the economy.

“The prudent public debt management measures adopted by the Mahama government have led to a record-high drop in the 91-day T-Bill rate, from 28.34% to 20.79% in just 50 days—an emphatic vote of confidence in the Ghanaian economy by the investor community,” he wrote.

His post came in response to criticisms following an earlier announcement about a “Massive Drop in Treasury Bill Rates.” In that post, he outlined the reductions in various treasury bill rates:

• 91-day T-bill: 28.34% to 20.79% (760 basis points drop)

• 182-day T-bill: 28.96% to 22.98% (600 basis points reduction)

• 364-day T-bill: 30.17% to 22.69% (750 basis points cut)

Dr. Forson urged the public to “ignore the naysayers” and focus on the administration’s efforts to reset the economy.

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Lifeahead Vision Ministries, led by its founder and senior pastor, Rev. Dr. David Kofi Wuaku, recently celebrated its third anniversary with a grand durbar, reflecting on the ministry’s growth and the goodness of God.

The event, which brought together church members, dignitaries, and well-wishers, was a moment to reflect on the ministry’s impact and its journey so far.

Founded three years ago, Lifeahead Vision Ministries set out with a clear mission to leverage research and innovation for talent development and community empowerment, aiming to bring about long-term, positive change.

What began as a small vision has since evolved into a thriving ministry focused on spiritual guidance and social transformation.

During his address, Rev. Dr. Wuaku shared his thoughts on the ministry’s progress, attributing its success to God’s unwavering faithfulness. “Through both challenges and triumphs, God’s goodness has been our shield, and His mercy our covering,” he said.

He referenced Psalm 23:6, which reads, “Surely goodness and mercy shall follow me all the days of my life, and I will dwell in the house of the Lord forever,” explaining that the scripture has been a guiding principle for the ministry’s work.

The anniversary celebrations included worship, thanksgiving, and several testimonies from congregants who have seen their lives transformed through the ministry’s outreach and development programmes.

Rev. Dr. Wuaku also highlighted the importance of vision in sustaining growth, quoting Proverbs 29:18: “Where there is no vision, the people perish.” He stressed that Lifeahead Vision Ministries is built on a foundation of vision that goes beyond the church and impacts entire communities and generations.

“We are not just a church; we are a movement—a movement of transformation, empowerment, and divine impact,” he told the congregation. “We are raising people of purpose, equipping them to influence nations with their faith, knowledge, and talents.”

The anniversary event also served as a call to action, with Rev. Dr. Wuaku urging the congregation to embrace the next phase of the ministry’s journey with renewed commitment.

He outlined key areas of focus for the coming years: deepening faith, strengthening the spiritual foundations of believers; talent development, providing platforms to nurture God-given talents; community impact, expanding outreach initiatives to reach more people; and global influence, extending the ministry’s vision to make an impact on the global stage.

“We must rise beyond complacency and step into the fullness of our calling,” he urged. “The same God who has brought us this far is calling us higher, deeper, and farther.”

During the event, Rev. Dr. Wuaku expressed his gratitude to the church leadership for their support, the ministry workers for their dedication, and the congregation for their faith. He also thanked the dignitaries and guests for their presence, recognising their contributions to the ministry’s progress.

He concluded his speech by giving glory to God, declaring, “To Him alone be all the praise! For He is the reason we are here today, and He will continue to be the foundation upon which we stand.”

As Lifeahead Vision Ministries enters its fourth year, the excitement in the air suggests the ministry is looking forward to greater things. The anniversary celebration concluded with prayer and prophetic declarations over the church, its members, and the work ahead.

Congregants left the event with renewed faith, confident that the journey of transformation had only just begun. “May the goodness and mercy of the Lord continue to follow us. May we walk boldly into the future with faith and expectation. And may this third anniversary mark the beginning of an even greater move of God in our midst!” Rev. Dr. Wuaku said.

Lifeahead Vision Ministries’ third anniversary was a milestone in the ministry’s journey—a celebration of God’s faithfulness and a reaffirmation of the ministry’s vision.

With a focus on the future, the ministry is moving forward, driven by faith and a commitment to bringing about lasting change in communities both locally and beyond.

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Former NFA boss, Juliet Asante

Renowned actress and former Executive Secretary of the National Film Authority (NFA), Juliet Yaa Asante, has revealed that the Bank of Ghana withdrew funds from the NFA accounts at the end of last year.

According to Asante, the money was specifically raised to establish an office and purchase a vehicle for the National Film Authority.

“The small amount of money I managed to raise for an office and a car was cleared from the accounts by the Bank of Ghana before we could secure the office or the vehicle,” she stated.

In a heartfelt social media post on Sunday, March 2, 2025, Asante opened up about the numerous challenges she faced during her tenure as Executive Secretary of the NFA.

She disclosed that she was appointed to the position without an office, a team, or a vehicle to support her work.

Harassment and Online Abuse

Beyond the financial difficulties, Juliet Asante also endured verbal and sexual harassment while in office.

“I remember a particular day when I was caught between two male bosses. One physically lifted me and pushed me into the arms of another, insisting that I give him a hug,” she revealed.

Asante also recounted facing relentless online and offline attacks, including a two-week period during which she was subjected to continuous insults across three different WhatsApp groups.

Despite these challenges, Asante took a moment to congratulate Kafui Danku, the newly appointed Executive Secretary of the NFA.

She urged the government to provide better support, including office space and a vehicle, to ensure Danku does not face similar hardships.

“Please provide Kafui with an office and a car so she can perform her duties effectively and not have to conduct government work from her living room, as I was forced to do,” she appealed.

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Cassiel Ato-Forson, Minister of Finance

Ghana’s finance minister, Dr. Cassiel Ato Forson, has clarified that the Mahama-led government’s net borrowing currently stands at GH¢7.1 billion, attributing it primarily to servicing debts inherited from the previous administration.

In a Facebook post on Saturday, Dr. Forson provided a breakdown of treasury bill transactions since President John Mahama assumed office in January 2025.

According to him, total treasury bill bids received by the government amount to GH¢89.7 billion, of which GH¢59.5 billion has been accepted as rollovers of existing debt, while GH¢30.2 billion has been rejected.

“For the avoidance of doubt, net borrowing by the Mahama government, as of today, stands at GH¢7.1 billion. This is primarily a buffer for servicing maturing debts accumulated by the NPP/Akufo-Addo/Bawumia government,” he stated.

Dr. Forson, who was appointed as finance minister on January 22, 2025, emphasized that the Mahama administration has effectively minimized actual debt accumulation through prudent public debt management, leading to a significant drop in treasury bill rates.

He highlighted that, within 50 days of President Mahama’s leadership, the 91-day treasury bill rate had fallen from 28.34% to 20.79%, describing it as a strong signal of investor confidence in the economy.

“The prudent public debt management measures adopted by the Mahama government have led to a record-high drop in the 91-day T-Bill rate, from 28.34% to 20.79% in just 50 days—an emphatic vote of confidence in the Ghanaian economy by the investor community,” he wrote.

His post came in response to criticisms following an earlier announcement about a “Massive Drop in Treasury Bill Rates.” In that post, he outlined the reductions in various treasury bill rates:

• 91-day T-bill: 28.34% to 20.79% (760 basis points drop)

• 182-day T-bill: 28.96% to 22.98% (600 basis points reduction)

• 364-day T-bill: 30.17% to 22.69% (750 basis points cut)

Dr. Forson urged the public to “ignore the naysayers” and focus on the administration’s efforts to reset the economy.

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The Electricity Company of Ghana (ECG) has outlined plans for critical maintenance work in the Tema Region this Sunday, March 2, 2025, as part of efforts to upgrade its infrastructure and stabilize power supply.

The scheduled exercise, running from 9:00 AM to 5:00 PM, will affect residents and businesses in Star Steel, Dawhenya Township, Abbey Kope, Adotey, Miotso, and neighboring communities, including Central University and Devtraco zones.

In a public notice, the ECG apologized for disruptions, acknowledging the inconvenience but stressing the necessity of the work to “enhance service reliability.” The move comes amid broader challenges, as the utility provider simultaneously grapples with unplanned outages in the Ashanti West and Accra East Regions.

In Ashanti West, a cable fault near the ECG Abuakwa District Office has plunged areas like Abuakwa Maakro, Asonomaso, and Manhyia into darkness. Similarly, an underground cable fault at Ogbojo in Accra East has impacted power supply to Ogbojo Asafoatse, Otienshie, and surrounding neighborhoods, including the Galaxy International School and Twumasewaa Hospital areas.

“Our technical teams are on-site working to resolve these faults urgently,” the ECG stated, urging affected customers to remain patient. While no timeline was given for full restoration, the company emphasized that repairs are prioritized to minimize downtime.

The dual focus on planned upgrades and emergency fixes underscores Ghana’s ongoing battle with aging power infrastructure amid rising demand. For residents in outage-hit zones, the wait continues, but the ECG maintains that such interventions are vital to prevent systemic failures.

Customers were reminded to report outages via ECG’s official channels and to disregard unauthorized repair claims. As Sunday’s maintenance looms, Tema residents are advised to plan for alternative power arrangements, signaling a weekend of cautious energy management for thousands.

By Godfred A. Polkuu  

Sumbrungu (U/E), March 2, GNA – Mr. Donatus Akamugri  Atanga, the Upper East Regional Minister, says the current education challenges in the country require renewed sense of urgency and objectivity to address.  

“As we are no doubt aware, education remains the pivot around which every facet of development evolves. Yet, our educational system for the past years has seen serious decline at all levels,” he said.  

Speaking on the theme: “Transforming Education for a Sustainable Future,” at the zonal national education forum for the Upper East and North East Regions, Mr. Atanga emphasised the need for strategic priorities.  

The forum brought together stakeholders from the two Regions, including leadership from various teacher unions, Vice-Chancellors, Principals and lecturers from educational institutions, traditional rulers, the clergy, Directors of Education, parents and students, among others.   

The Minister, a teacher by profession, called for consensus building on curricula reforms, infrastructural investments and interventions to expand access and improve quality educational outcomes.  

He said the theme for the forum aligned perfectly with the government’s agenda to reset the country and underscored the need to integrate sustainability into curricula reforms and educational policies as a country.  

“This forum is therefore an opportunity to engage in open and constructive discussions to explore concise and actionable recommendations that will form the basis for a comprehensive reform agenda in building an inclusive, equitable and transformative educational system for Ghana and for the benefit of all Ghanaians.  

“Together, we can deepen partnerships and transform our educational system that is inclusive and innovative to shape a sustainable future for generations to come,” Mr. Atanga told participants at the forum.  

As indicated by President John Dramani Mahama, the Minister urged stakeholders to envision an education system where schools were the centres of innovation and learning to prepare students not just for examinations, but for lifelong learning.  

He reaffirmed the government’s commitment to the National Education Forum, and the educational transformation of the country, insisting that “Our education needs a holistic reset at all levels.”  

Mr. Atanga expressed appreciation to the Ministry of Education for spearheading the education forum as contained in the National Democratic Congress’ 2024 manifesto, and thanked members of the National Education Forum Planning Committee for working to ensure a proper education sector.   

His counterpart, the North East Regional Minister, Mr. Ibrahim Tia, who chaired the forum, urged stakeholders to actively participate and contribute to discussions to influence the final outcome of the policy for improved quality education.  

Stakeholders as part of their contributions at the forum, said the Kindergarten (KG) level, which was the basic start off point for learning, had no experts in early childhood education to teach children, and advocated among others, incentives for professional teachers to motivate them to teach at the basic level.  

Professor Smile Gavua Dzisi, a Member of the National Education Forum Planning Committee, said the nationwide forum was to gather ideas from key stakeholders in education to transform the educational sector.   

She said the engagement followed the successful launch of the National Education Forum by President John Dramani Mahama in Ho and indicated that members of the Committee were spread across the country to solicit inputs of stakeholders for the national policy.  

“We want to see how we can actually use best practices to come out with best education for Ghana for sustainable development,” Professor Dzisi said.  

GNA  

President John Dramani Mahama has visited the family of Alhaji Asoma Banda, a pioneering figure in Ghana’s shipping and aviation industries, who passed away in the early hours of Saturday, March 1, 2025 to mourn with them.

He led a team of government officials to express his condolences to the family of the late business icon.

The news of Alhaji Banda’s passing was shared on social media by Nigerian businessman and close associate, Dele Momodu, on Saturday March 1, who paid tribute to him on Instagram.

“Such a privilege knowing this adorable couple, ALHAJI & EDWINA ASOMA-BANDA, in the last three decades… Today, the elephant has fallen… May ALLAH bless BAABA for keeping ALHAJI comfortable to the end. May ALLAH comfort the entire family, his wives, and children,” Momodu wrote.

Tributes have poured in for the business icon, with prominent businessman Sir Sam Jonah also honouring Alhaji Banda.

Jonah described him as a visionary entrepreneur and national asset whose impact shaped Ghana’s shipping and aviation sectors.

“This morning, Ghana has lost a true patriot, a visionary entrepreneur, and a giant of industry,” he stated.

Jonah highlighted Alhaji Banda’s transformational role in Ghana’s economy, particularly through Antrak Airlines, which revolutionised domestic air travel.

“From establishing Antrak Shipping Line to expanding airline operations across West Africa, he believed in the power of African enterprise. He saw potential where others saw decline, and his bid to take over Ghana Airways was a testament to his unwavering belief in Ghanaian ingenuity.”

Reflecting on the challenges Alhaji Banda faced, Jonah acknowledged the complexities of navigating business and politics in Ghana, which he noted had often been a stumbling block for visionary entrepreneurs.

“Ghana has witnessed too often how business and politics can be an uneasy mix, a lesson that should serve as a cautionary tale to future entrepreneurs.”

Beyond his business achievements, Alhaji Banda was remembered as a historian and mentor who generously shared insights on Ghana’s economic past and future.

“He never concealed his humble beginnings. Instead, he wore them as a badge of honor—proof that determination, hard work, and vision can elevate one from modest origins to the heights of success.”

Jonah urged Ghanaians to celebrate Alhaji Banda’s remarkable legacy, emphasising that his resilience and accomplishments should serve as an inspiration for generations to come.

“As we bid farewell to this extraordinary man, let us not only mourn his passing but celebrate his legacy. His resilience, vision, and unshakable belief in African enterprise will continue to inspire.”

Read also

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Former Deputy Minister of Tourism, Arts, and Culture, Mark Okraku-Mantey, has voiced his concerns about what he described as an increasing “over-sensitivity” within Ghana’s creative industry.

Speaking on Joy FM’s Showbiz A-Z, Okraku-Mantey emphasised that the rising sensitivity in the industry could be attributed to a misinterpretation of casual interactions between the Tolon MP, Habib Iddrisu and John Dumelo, the Deputy Minister Designate for Food and Agriculture.

At the vetting held on February 25, 2025, Tolon MP advised Mr Dumelo not to treat his new job as the movie industry.

“You are not in your movie industry, try to be as serious as you can,” he said.

This statement has not gone down well with most creative arts people who believe it is condescending to their trade and craft.

However, Okraku-Mantey suggested that the incident had been blown out of proportion.

“I think that the creative industry is becoming over-sensitive, and I will explain why,” Okraku-Mantey began.

“If you watch the video very well, you could see eye contact between Honorable Habib and Honorable John Dumelo. The two of them were having fun,” he explained.

Referring to their interactions during the vetting, Okraku-Mantey explained that the body language and exchange of words between the two suggested they shared a friendly rapport.

He pointed out that after a remark by Mr Habib, Dumelo’s response, characterised by an open gesture and a seemingly quiet comment, was indicative of a casual, friendly banter, not a serious disagreement.

He elaborated, “After Honourable Habib’s statement, watch the body language of John. Honourable John Dumelo opened the two arms and whether he was whispering or murmuring, he said something like ‘but you why’. You can go and watch the video again.”

He continued to suggest that the two individuals had a clear understanding and possibly forgot they were on national television.

Okraku-Mantey emphasised the difference between private and public settings, noting that the two seemed to have mistaken the informal nature of their exchange for a private moment, similar to what might occur in a setting like the Ghana Institute of Management and Public Administration (GIMPA), which both men are known to frequent.

“This is a case where maybe they forgot that this was national television, and this was different from what they do at GIMPA,” he stated.

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MTN Ghana has reaffirmed its role as a key contributor to the nation’s economy by paying a record GH₵8.6 billion in direct and indirect taxes in 2024. 

This represents an increase from the GHS5.9 billion paid in 2023, marking a 45.8 per cent year-on-year growth in tax contributions.

The telecommunications giant’s tax payments per its 2024 annual report accounted for 50.3 per cent of its total revenue, underscoring its commitment to fiscal responsibility and national development. 

In addition to taxes, MTN Ghana also paid GH₵468.4 million in fees, levies, and other payments to government agencies.

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MTN Ghana’s increased tax contribution is a reflection of its robust financial performance in 2024. The company recorded a 34.5 percent increase in service revenue, reaching GH₵17.9 billion. This growth was driven by strong performances in mobile money (MoMo), data services, and digital revenue. The company’s profit after tax rose by 26.3 per cent to GH₵5.03 billion, further solidifying its financial strength despite macroeconomic challenges such as high inflation and currency depreciation.

MTN Ghana CEO, Stephen Blewett, emphasized the company’s dedication to supporting Ghana’s economic growth through tax compliance and community investments. “Through our Foundation’s initiatives and our consistent commitment to meeting our tax obligations to the government and its agencies, we have continued to support our communities and the Ghanaian economy,” Blewett stated.

Despite economic headwinds, including elevated inflation (23.8 per cent in December 2024) and a 19.2 per cent depreciation of the Ghana cedi against the US dollar, MTN Ghana has remained steadfast in its investment strategy. 

The company invested GH₵4.4 billion in capital expenditure (CAPEX) to expand and enhance its network infrastructure.

Looking ahead, MTN Ghana remains committed to sustaining growth and enhancing digital inclusion. The company has outlined a strategic focus on expanding 4G and digital services to meet growing customer demand, enhancing fintech services through MoMo and mobile financial solutions, and investing in cost efficiencies to navigate macroeconomic challenges.

Minister of Government Communications, Felix Kwakye Ofosu

The Minister of Government Communications, Felix Kwakye Ofosu, has clarified concerns raised regarding the operationalization of the Hajj Village.

On February 8, 2025, President Mahama, the National Chief Imam, Sheikh Osman Nuhu Sharubutu, other prominent Muslim scholars, government officials, and representatives from the Hajj Board joined other stakeholders for the sod-cutting ceremony of the Hajj Village.

This sparked conversations among social media users who questioned the relevance of the village.

They compared the establishment to the National Cathedral.

It is in this light that Felix Kwakye Ofosu, in a post on Sunday, March 2, 2025, clarified that the village belongs to the Ghana Airports Company Limited and comes at no cost to the state.

“The Hajj Village is primarily an Airport Terminal Building for check-in and pilgrim facilitation owned and being built by the Ghana Airport Company. Not a pesewa of taxpayers’ money is involved,” he said.

The Hajj Village is expected to provide modern accommodation, administrative offices, and other essential amenities to facilitate a smoother and more organized pilgrimage process for Ghanaian Muslims.

SSD/EK

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Minister of State for Government Communications, Felix Kwakye Ofosu, has clarified the funding of the Hajj Village, stating that the facility is being constructed by the Ghana Airports Company Limited (GACL) without any taxpayer contributions.

In a statement shared on X, Mr. Kwakye Ofosu reiterated the government’s stance on the project, dispelling rumours that public funds were being used for its construction.

His clarification comes amid growing interest and debate about the purpose and financial sources of the project.

President John Dramani Mahama officially cut sod for the construction of the new Hajj Village on Friday, February 28.

The facility is designed to support Ghanaian Muslims embarking on the sacred pilgrimage to Mecca.

As part of this year’s Hajj arrangements, President Mahama has also announced plans to airlift 5,000 Ghanaian pilgrims.

The construction of the Hajj Village aims to enhance efficiency and organization, providing a smoother departure experience for pilgrims.

Accra, March 2, GNA – The Kingdom of Morocco and the Republic of Albania reaffirmed, on Saturday in Rabat, their commitment to further strengthen their excellent bilateral relations in various areas.

In a joint statement signed at the end of talks between Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates Nasser Bourita, and Albania’s Minister for Europe and Foreign Affairs Igli Hasani, who is on a working visit to Morocco from March 1 to 4, both parties underlined the outstanding bilateral relations and reaffirmed their commitment to further strengthen them, particularly in economic, commercial and cultural fields.

The two ministers also pledged to deepen ties by launching initiatives aimed particularly at bringing the two countries’ business milieus closer.

To boost tourism and exchanges between populations, and enhance bilateral relations between the two countries, Morocco has also decided to waive the visa formalities for Albanian citizens traveling for short stays.

The two ministers undertook to continue their consultations and coordination within international organizations and bodies.

The Albanian official’s visit was also an opportunity to sign an agreement between the Moroccan Institute for Diplomatic Research and Studies and the Albanian Diplomatic Academy, to enable the exchange of diplomats.
GNA

Former Deputy Chairperson of Ghana’s Electoral Commission (EC), Alhaji Amadu Sulley, has passed away.

He died on the afternoon of Saturday, March 1, 2025, as reported by 3news.

In keeping with Islamic tradition, his burial rites are scheduled for Sunday, March 2, 2025.

A statement from his family, shared by 3news, confirmed his death and extended an invitation to Muslim brothers and sisters, friends, and loved ones to join in the burial proceedings.

The rites will be held at his residence and the Madina Muslim Cemetery in Accra.

The family also noted that Sulley passed away while fasting on the first day of Ramadan, a detail they deemed significant.

“To Allah be the glory. May Allah forgive him and grant all our departed souls Jannat Firdaus,” the statement added.

Alhaji Sulley served as the Deputy Chairperson in charge of Operations at the Electoral Commission until his dismissal in June 2018.

He was removed from office by former President Nana Akufo-Addo, alongside then-Chairperson Charlotte Osei and another deputy, Georgina Opoku Amankwaa, following an investigation into allegations of misconduct and incompetence.

During his tenure, Sulley oversaw the operational aspects of the 2016 general election, a role marked by controversy, including internal disputes and claims of financial impropriety.

The cause of his death has not been disclosed, and further details are awaited.

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Volkswagen Ghana has officially launched the new Volkswagen Touareg, reaffirming its commitment to the Ghanaian automotive industry with local assembly and long-term investment in vehicle financing to enhance affordability.

At the launch event last Friday (February 28, 2025) in Accra, the CEO of Volkswagen Ghana, Jeffrey J.O. Peprah, highlighted the company’s vision for sustainable growth in Ghana and the wider West African market.

“VW is not just a car brand—it is a heritage. Generations upon generations have trusted Volkswagen for mobility, and we are here to deepen that legacy in Ghana,” he stated.

Since commencing local assembly operations in 2020, Volkswagen Ghana has successfully introduced models including the Polo, Tiguan, Passat, T-Cross, Amarok, and now the Touareg. The latest launch marks a significant step towards enhancing Ghana’s automotive industry and positioning the country as a hub for vehicle manufacturing in the sub-region.

“We are assembling world-class vehicles right here in Ghana with the same high standards as in Germany or South Africa,” Peprah emphasised.

He revealed that Volkswagen is also targeting neighbouring markets, such as Togo, Benin, and Côte d’Ivoire, with Ghana as the regional hub.

Acknowledging concerns over affordability, Peprah announced that Volkswagen Ghana is working with the government and financial institutions to introduce a structured vehicle financing scheme.

“We are engaging the government and the Ghana Automotive Development Programme (GADP) to introduce a financing scheme that will make it easier for Ghanaians to own brand-new vehicles instead of used imports,” he explained.

Currently, most vehicles in Ghana are purchased on a cash basis, making affordability a challenge for many citizens. Volkswagen’s proposed financing scheme aims to address this by offering lower interest rates and flexible payment plans.

“We must change the perception that brand-new cars are out of reach. When you compare the costs of maintaining used imported vehicles with no warranty to purchasing a locally assembled brand-new car with full warranty and service support, the latter is a smarter choice,” Peprah added.

Volkswagen Ghana is also advocating for the full implementation of the government’s automotive policy, including the ban on salvage vehicle imports.

“The used car market dominates because of affordability concerns. However, if we phase out salvage imports while growing local assembly, Ghanaians can transition to quality vehicles with better safety standards,” he explained.

Volkswagen’s long-term goal is to support the establishment of a local automotive value chain, including component manufacturing, to further industrialisation and job creation.

The Volkswagen Touareg, now assembled in Ghana, is an ultra-modern SUV featuring advanced technology, premium interiors, and powerful performance.

“This is not just a luxury SUV; it is an innovation. From wireless charging to NFC 3.0 and enhanced driving stability, the new Touareg offers cutting-edge features that rival even high-end sports SUVs,” Peprah remarked.

The new Volkswagen Touareg is now available for test drives, with special promotional offers for early buyers. The official sales campaign kicks off immediately.

Volkswagen Ghana’s latest launch reflects the company’s unwavering commitment to Ghana’s auto industry. With local production, financing initiatives, and expansion into neighbouring markets, Volkswagen is poised to transform the vehicle ownership experience for Ghanaians.

“VW Ghana is here to stay, and we are ready to drive the future of Ghana’s automotive industry,” Peprah concluded.