Accra, Aug 22, GNA – President John Dramani Mahama has held bilateral talks with Mr António Guterres, the United Nations (UN) Secretary-General on the sidelines of Ninth Tokyo International Conference on African Development (TICAD-9) in Yokohama, Japan.
A statement issued by Ghana’s Presidency said the discussions centred on multilateral cooperation, Ghana’s economic rebound, and escalating security challenges in West Africa.
File photo of cocoa beans
Research firm Fitch Solutions has revealed that despite global cocoa prices soaring to record levels in 2025, top cocoa-producing countries such as Ghana and Côte d’Ivoire are unlikely to reap the full economic benefits.
Data shows that average cocoa prices reached US$8,900 per tonne between January and July 2025, more than triple the long-term average of US$2,500 per tonne recorded from 2005 to 2023.
According to Fitch, while prices are expected to gradually ease to around US$6,900 per tonne between 2026 and 2030 as global supplies recover, they are still projected to remain well above historical levels.
Ghana currently pays the highest farmgate prices in West Africa – COCOBOD
However, Fitch Solutions cautions that these elevated prices are unlikely to translate into major economic windfalls for the region’s top cocoa producers.
“Our view that structurally higher cocoa prices will not create major economic windfalls for Africa’s cocoa-producing nations in the coming years rests on three key factors,” Fitch noted.
Why prices are not helping enough
The first major factor is the pricing mechanism. Both Ghana and Côte d’Ivoire use government-controlled marketing boards to set farmgate prices, the amount paid to farmers.
While both countries have increased farmgate prices in recent seasons, Fitch points out that the gap between farmgate and international prices remains wide.
Secondly, fiscal and operational constraints limit how much of the global price increase can be passed on to local farmers.
Although farmer incomes have improved somewhat, they still fall significantly short of global benchmarks, reducing the broader impact on household spending and domestic economic activity.
As a result, even with cocoa prices at historic highs, many farmers and national economies are missing out on the full potential benefits.
SP/MA
Meanwhile, watch the trailer to GhanaWeb’s upcoming documentary on teenage girls and how fish is stealing their futures below:
By Iddi Yire
Accra, Aug 22, GNA – President John Dramani Mahama has held bilateral talks with Mr António Guterres, the United Nations (UN) Secretary-General on the sidelines of Ninth Tokyo International Conference on African Development (TICAD-9) in Yokohama, Japan.
A statement issued by Ghana’s Presidency said the discussions centred on multilateral cooperation, Ghana’s economic rebound, and escalating security challenges in West Africa.
Mr Guterres commended Ghana’s active role in the UN system and its steady commitment to the Sustainable Development Goals, while highlighting the country’s leadership within ECOWAS and the African Union in responding to Sahel-related crises.
He encouraged President Mahama to continue championing collective, regional solutions.
President Mahama reaffirmed Ghana’s unwavering support for multilateralism and called for further democratisation of the UN to enhance representativeness and effectiveness.
He noted that Ghana’s economy was recovering from a recent crisis, with debt restructuring advancing to secure long-term stability.
The President also thanked the UN Development Programme for its sustained partnership, citing a recent UN Development Programme (UNDP) – supported orientation for newly appointed ministers on the Government’s “Resetting Ghana Agenda.”
GNA
Christian Akorlie
Deputy Chief Executive Officer of the National Identification Authority (NIA), Alhaji Mohammed Nasiru, has rejected allegations made by former Head of Public Affairs at COCOBOD, Fiifi Boafo, describing them as propaganda and an attempt to mislead the public.
Speaking on Channel One TV’s Breakfast Daily on Thursday, August 21, Alhaji Nasiru said Mr. Boafo’s claims about sidelined directors at COCOBOD were baseless and intended to stir unnecessary public alarm.
“Even the statement coming from Fiifi Boafo raises a very big alarm. Why Fiifi Boafo? What is he expecting them to do within the organisation? Maybe he has blocked them, and he is not able to get what he wants.
Even though he is outside the organisation, he is jittery and worried, so he needs to make noise for them to be put back there so he can continue benefiting from what he intended before the reshuffle,” he alleged.
He further stressed that the comments were nothing more than propaganda.
“Fiifi Boafo’s comment is just rhetoric and propaganda. He just intends to throw dust in the eyes of the people,” he said.
Mr. Boafo had earlier alleged, in an interview on Citi FM’s Eyewitness News on Tuesday, August 19, that more than 10 experienced directors at COCOBOD had been asked to stay home while still receiving full salaries, despite contributing nothing to the state agency’s operations. He described the situation as a wasteful use of public funds.
COCOBOD has, however, strongly denied the claims, describing them as “false and misleading.” According to its management, no director has been instructed to stay home while still drawing a salary.
The New Patriotic Party’s (NPP) Youth Wing has admitted organising the crowd that gathered outside the Economic and Organised Crime Office (EOCO) in support of Dancehall star Shatta Wale during his recent detention.
The confirmation was made by Dennis Miracles Aboagye, a leading figure in the party, who said the mobilisation was part of efforts to defend fairness and prevent abuse of discretion in law enforcement.
Anti-Fraud Professional and Lecturer, Ransford Nana Addo Jnr, has called for stricter checks at Ghana’s ports and customs to stop stolen vehicles from entering the country.
Speaking on JoyNews’ AM Show during a discussion on the stolen car trade in Ghana and the recent case involving musician Shatta Wale’s vehicle, Nana Addo Jnr said the problem stems from weak surveillance systems at entry points.
“Irrespective of who is buying the vehicle, whether an importer or dealer, so far as it gets to the shores of this country or borders, if we are working with our international partners like the FBI and Interpol, and a vehicle is branded as stolen, we should ask the authorities questions – how did these vehicles get registered in this country?” he asked.
He noted that many Ghanaians assume cars cleared by customs are genuine.
“The average Ghanaian would take the duty document and car papers and say that so far as customs has actually stamped it, it is genuine. So if customs has given the go-ahead, and it goes through licensing, people assume the process is clean,” he said.
According to him, the real weakness lies at the ports. “I think the point where we need to tighten will be at the ports and our customs. Whether it is an importer or an individual, the collaboration between our security agencies has to be on point,” he stated.
He referenced the ongoing case involving Dancehall Artist Shatta Wale, whose vehicle was recently seized by the Economic and Organised Crime Office (EOCO) after being flagged as stolen.
“Indeed, if this is a 2019 vehicle and we assume it was stolen about a year ago, by now it should have been flagged on the various portals of the CID, DVLA, and Customs division. We should not have waited for the FBI to come into town. If we had already received notification that this vehicle was stolen, then it should never have passed through our system in the first place,” he explained.
He added that even if international notifications arrive late, Ghanaian authorities should be able to trace and impound such vehicles before foreign agencies intervene.
“There are very luxurious vehicles in town being driven by some people, and you notice that the vehicle registration doesn’t match the year of manufacturing. That should be a red flag,” he cautioned.
Read also: EOCO flags Honda CR-Vs, Range Rovers and two others in crackdown on stolen cars
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Shatta Wale was detained by EOCO on August 20, 2025
Constitutional lawyer, Raymond Bidema, has strongly asserted that Dancehall artiste, Shatta Wale, has no legitimate excuse to justify his alleged purchase of the stolen Lamborghini Urus.
Speaking to Tutuwaa Danso on Starr Today on Thursday, August 21, 2025, Bidema urged celebrities and public figures like Shatta Wale to exercise due diligence when making high-value purchases.
“It is not a sufficient defence, in my opinion, because the circumstances surrounding the purchase of the car are quite problematic. The price at which the vehicle was sold is not comparable to something like kelewele that one might casually buy from a roadside vendor,” Bidema stated.
He stated that the matter raises serious legal red flags: “These are the kinds of issues that a court or an investigative body would carefully examine to determine whether the buyer may have had prior knowledge or played a role in suspicious activity. First of all, the car was reportedly purchased above typical market value, which is, in itself, a red flag. Secondly, the buyer doesn’t even know the identity of the seller, nor is there any receipt or documentation to support the transaction. This is not a minor item purchased for 100 cedis; it is a car worth $150,000.”
Bidema went on to caution that making such a high-value purchase without proper verification or documentation should raise concerns for any reasonable person.
“When purchasing a vehicle, standard procedure requires documentation: registration papers, transfer of ownership, and so on. Was the seller in possession of these documents? If so, under whose name were they registered? If there was no paperwork at all, that could suggest the car was unlawfully acquired, and the buyer may be held liable for taking possession of a potentially stolen vehicle.”
The legal expert concluded by urging influential personalities to lead by example and avoid reckless behaviour that could encourage illicit transactions.
Asantehene’s Chief Linguist (with microphone) announcing the plans for the Asantehemaa’s burial
The Chief Linguist of the Asantehene (Otumfuo Akyeamehene), Nana Nsuase Poku, has issued a strong warning to the people of Asanteman regarding the burial of the kingdom’s late queen mother, the Asantehemaa, Nana Konadu Yiadom III.
Announcing the plans for the burial on behalf of Asantehene Otumfuo Osei Tutu II at the one-week observation of her demise at the Manhyia Palace, Nana Nsuase Poku said that no person should be seen on the streets on the night the queen mother is buried at Bantama.
He stated that anyone found on the streets that evening would have only themselves to blame.
“On Thursday (September 18) afternoon at 1:00 pm, we will have the final funeral rites at this same park to say farewell to our mother. That day is a solemn day. That day, Asanteman will make no noise. No shop will open, nobody is to go anywhere. We are coming to mourn our mother.
“In the evening, mother will be buried at Breman, Bantama. That evening, we are not to meet anybody. We are not to meet any human being. You will have yourself to blame if we meet you,” the linguist said as he announced the burial plans for the late Asantehemaa.
Asantehene Otumfuo Osei Tutu II announced the death of the Asantehemaa on August 11, 2025.
Born Nana Ama Konadu, Nana Konadu Yiadom III was the 14th Asantehemaa.
She was the biological sister of the current Asantehene, Otumfuo Osei Tutu II.
She became the Asantehemaa in 2017, following the death of her mother, Nana Afia Kobi Serwaa Ampem II, the then Asantehemaa.
Nana Konadu Yiadom, the second most powerful person in Asanteman, was respected for her loyalty, counsel, strength, and devotion to tradition.
Watch a video of the linguist’s remarks below:
#AsantemanMourns: No business must open on September 18 – Otumfuo#asantehemaaoneweekobservation #opemsuoradio pic.twitter.com/Zi9BWCSWaf
— Opemsuo Radio (@OpemsuoRadio) August 21, 2025
BAI/VPO
Meanwhile, watch the trailer to GhanaWeb’s upcoming documentary on teenage girls and how fish is stealing their futures below:
You can also watch today’s Twi news on GhanaWeb TV below:
Julius Debrah is Ghana’s Chief of Staff
The Chief of Staff, Julius Debrah, said Ghana’s trade facilitation remains a top priority as the government seeks to unlock new business potential and strengthen global market competitiveness.
Speaking at the 2025 CEO Connect Summit organised by the Canada Ghana Chamber of Commerce, Debrah emphasised that targeted investments and strong economic management are crucial for protecting and safeguarding Ghana’s private sector.
“Our government continues to prioritise trade facilitation and infrastructure to ease the movement of goods and services across borders, maintain macroeconomic stability, and implement reforms to ensure that Ghana remains a safe and attractive investment destination,” he said.
He also assured that the government is committed to maintaining strict fiscal discipline while channeling investments into critical growth sectors to sustain Ghana’s recent economic rebound.
Here’s how much this Japanese firm is investing in Ghana’s AI-powered agriculture hub
For his part, the Deputy Minister for Communication, Digital Technology and Innovation, Mohammed Adam Sukparu, said that as Africa embraces the African Continental Free Trade Area (AfCFTA), headquartered in Accra, its ability to integrate and prosper as one market depends heavily on digital technology, innovation, and strong partnerships.
He noted that digital tools and platforms are no longer optional but are now the foundation of competitiveness, resilience, and global relevance.
“Under the leadership of His Excellency John Dramani Mahama, Ghana is actively implementing bold policies and investments to establish a digitally enabled economy, ranging from e-governance platforms to digital financial inclusion and broadband expansion into rural communities, ensuring no one is left behind,” he said.
SP/MA
Meanwhile, watch the trailer to GhanaWeb’s upcoming documentary on teenage girls and how fish is stealing their futures below:
When footballers step onto the pitch, we see the polished product: the lightning sprints, the dazzling tricks, the medals glistening under the floodlights.
What we don’t see is the turmoil that shaped them: scars carved long before the fame, pain endured long after the cheers fade.
For some of the game’s most recognizable stars, family life was no sanctuary. It was instead a battlefield of betrayal, abandonment, and tragedy.
Dele Alli
In July 2023, Dele Alli stunned the world with his raw honesty. Sitting down for an interview, he revealed the horrors of his childhood that had remained buried for years.
At just six years old, he was sexually abused by a friend of his alcoholic mother.
By eight, he was drawn into the dangerous world of drug dealing, hiding substances inside footballs and delivering them by bike.
Balotelli Opens Up: Ghanaian parents abandoned me as a 2-year-old
His childhood was a maze of trauma, and at eleven, he faced another nightmare when a man threatened his life and hung him off a bridge.
At twelve, his life took a different turn. He was adopted by a foster family who gave him the love and stability he had long been denied.
Yet even as his footballing talent flourished, the past clung to him.
In 2016, already a rising star at Tottenham Hotspur, he decided to drop his surname “Alli” from his shirt, explaining he felt no connection to the family name.
Later, as his career wavered and sleeping-pill addiction pulled him down, he checked himself into rehab.
Jakub Błaszczykowski
For Jakub Błaszczykowski, the nightmare came early. At ten years old, the Polish midfielder watched his father stab his mother to death.
The trauma of that moment could have shattered him forever. Orphaned, he was raised by his grandmother, who became both guardian and anchor.
Yet football offered him a fragile escape. Each time he stepped onto the pitch, he carried his mother’s memory with him.
His goals for Poland and Borussia Dortmund were never just for himself, they were tributes to the woman he had lost so violently.
During his time in the Bundesliga, as he lifted trophies and became a national hero, fans celebrated his resilience, often unaware of the pain that fueled every step.
Jesse Lingard
At Manchester United, Jesse Lingard’s smile made him seem like one of football’s most carefree characters.
But behind the smile, he was carrying a crushing responsibility. In 2019, when his mother was hospitalised with severe depression, Lingard became the guardian of his younger siblings, Jasper and Daisy-Boo.
Suddenly, the pressure of Old Trafford was only half his world; the other half was making sure his brother and sister were safe, fed, and cared for.
The strain began to break him. By January 2020, Lingard admitted he had hit “rock bottom,” confessing he felt like he was moving on autopilot, numb to life.
Fans abused him after poor performances, unaware that he was collapsing inside. He turned to alcohol, desperate for escape. It was only during the COVID-19 lockdown, when football paused and he rediscovered old highlights of himself, that he found the spark again.
Emmanuel Adebayor
For Togolese striker Emmanuel Adebayor, the biggest battles of his life were not fought in the Premier League or Champions League, they were fought with his own family.
Adebayor has long spoken openly about the toxic dynamic he endured, saying relatives viewed him as nothing more than a cash machine.
His bitterness spilled out in interviews and on social media, where he claimed his brother had even written to Real Madrid to sabotage a permanent move when he was on loan there, urging the club not to sign him.
Mario Balotelli
Mario Balotelli’s life has always been framed by questions of identity. Born Mario Barwuah to Ghanaian parents, he was placed in foster care at just three years old.
Misunderstandings, resentment, and poverty complicated his relationship with his birth parents, and as he rose to fame, those divisions grew sharper.
Even as his biological family sought reconciliation, Mario chose to remain with his foster parents, the Balotellis, who had given him stability when his life was in chaos.
His decision brought criticism and tabloid drama, painting him as distant from his roots.
But for Mario, it was a choice born of loyalty to the people who had raised him.
Pele’s Son Edinho
Edson “Edinho” Cholbi do Nascimento grew up under a shadow bigger than any player has ever known: being the son of Pele.
He followed his father into football, even playing as a goalkeeper for Santos, the club where Pele became immortal. But instead of glory, his career descended into scandal.
In 2005, Edinho was arrested during a massive police operation against drug gangs in Santos.
The investigation tied him to laundering money for traffickers. Years later, in 2014, a Brazilian court sentenced him to 33 years in prison for money laundering.
After appeals, the sentence was reduced to nearly 13 years, and in 2017, he turned himself in to begin serving his time.
By 2019, he had moved into a semi-open regime, but the damage to his life and reputation was irreparable.
Memphis Depay
When Memphis Depay lines up for the Netherlands, fans see just his first name. The omission of “Depay” is deliberate, a symbol of a childhood scar.
Memphis’s father abandoned the family when he was only four years old, leaving his mother to raise him alone in a small Dutch town.
The absence cut deep. Memphis has often spoken about the loneliness of growing up without his father’s presence, and dropping his surname became his way of reclaiming his identity.
Years later, he reconciled with his father, but the pain of those formative years lingers.
Virgil van Dijk
Liverpool’s captain and defensive leader is another who uses his shirt to tell his story. When Virgil was eleven, his father abandoned the family.
Virgil lived briefly with him, but ultimately chose to return to his mother, after which his father severed ties altogether.
Unlike most players, Van Dijk refuses to wear his surname. Instead, his shirt simply reads “Virgil.” It is not a branding decision, but a personal statement, a refusal to honour a father who walked away when he was needed most.
FKA/EB
Meanwhile, watch as Ghanaians predict top scorer between Kudus and Semenyo on GhanaWeb TV below:
L-R: Muhammad Mariam, Shakira Nabagolooba, Yasimin Kiriswa, Haura Nalubega at Constitutional court
Two Muslim women leaders and a faith-based women’s rights organisation have petitioned the Constitutional Court seeking a declaration that Uganda’s restrictive abortion laws are unconstitutional for failing to provide exceptions permitted under Islamic jurisprudence and international human rights standards.
The petitioners, Hajira Gimbo, Deputy Executive Director of the Islamic Women’s Initiative for Justice, Law and Peace (IWILAP), Zaituna Mutesi, a community leader and Amira in Budaka District, and IWILAP itself are challenging sections 130, 131, and 207 of the Penal Code Act, which criminalise abortion except in very narrow circumstances.
They argue that the law unjustly discriminates against Muslim women by disregarding circumstances such as pregnancies resulting from rape, incest, mental illness of the mother, or situations where the mother’s mental health and dignity are at serious risk.
“The law as it stands denies Muslim women the ability to make faith-based reproductive health decisions that are permitted under Islam. Islam allows termination before ensoulment (120 days into pregnancy) and in cases where the mother’s life, mental health, or dignity is at risk,” Ms Gimbo stated in her affidavit.
The petition, filed under Articles 22, 29, 33, 37, and 137 of the Constitution, asserts that the current law violates rights to equality, dignity, freedom of religion, and protection from inhuman treatment. Article 33(6) of the Constitution expressly prohibits laws or traditions that undermine the status and dignity of women.
The petitioners say this protection is undermined by the Penal Code’s blanket criminalization.
Ms Mutesi, who serves as Secretary for Women’s Affairs at Masjid Salama in Budaka, said women in rural communities often suffer in silence after rape or incest because of the stigma and criminal penalties attached to abortion.
“Many Muslim women are forced to carry pregnancies that are a constant reminder of trauma. This not only violates their dignity but also subjects them to cruel treatment contrary to the Constitution,” she said.
Citing Islamic principles and international law, the petitioners draw on Qur’anic verses and Hadith that emphasize rahma (mercy) and adl (justice). They note that ensoulment is believed to occur at 120 days, after which abortion is generally prohibited except where the mother’s life is at risk.
They also relied on comparative jurisprudence from Muslim-majority countries such as Tunisia, which permits abortion within the first three months, and from African states like Zambia and Rwanda, which recognize exceptions for rape, incest, and threats to a woman’s mental health.
“Uganda cannot continue to lag when our sister African states have already harmonised reproductive rights with both religion and constitutional guarantees,” reads part of the petition.
The petition further cites Uganda’s obligations under the Maputo Protocol and CEDAW, which call on states to respect women’s reproductive rights and ensure access to safe abortion in cases of sexual violence. According to the Ministry of Health’s 2019/2020 performance report, unsafe abortion contributes up to 11 percent of maternal deaths in Uganda.
The petitioners want the Constitutional Court to declare sections 130, 131, and 207 of the Penal Code unconstitutional and order Parliament to amend them within a year to provide abortion exceptions in line with Islamic teachings, cultural values, and international law. They also want doctors who perform abortions under these exceptions to be shielded from criminal liability.
“Our demand is not for blanket legalization of abortion. We are calling for recognition of exceptional circumstances—rape, incest, mental illness, risk to mental health, and preservation of dignity—that Islam and the Constitution already allow,” IWILAP said in a statement.
More details are emerging from the interrogation of Dancehall superstar Shatta Wale, and they raise more questions than answers, according to a report by Modernghana.
According to the Economic and Organised Crime Office (EOCO), the musician could not provide any credible documents to prove ownership of the 2019 Lamborghini Urus at the center of the fraud investigation.
Instead, EOCO says Shatta Wale simply claimed he purchased the car “from the street” and from an individual he vaguely identified as “ZAK.” Investigators found this explanation unsatisfactory, especially since the vehicle has been directly linked to a $4 million fraud case prosecuted in the United States.
The US District Court in Kentucky ordered the Lamborghini forfeited earlier this month after concluding that it was acquired with illegal funds by Nana Kwabena Amuah, a Ghanaian who is now serving a prison sentence in America.
EOCO seized the car from Shatta Wale in May, sparking widespread debate and speculation about how the artiste came into possession of such a luxury vehicle.
Although Shatta Wale has been released on bail, the lack of proper ownership documentation continues to hang heavily over the case. Many Ghanaians are questioning why a public figure of his stature would risk acquiring such an expensive vehicle without valid papers.
Meanwhile, his spokesperson Sammy Flex has urged fans to stay calm and positive. “We are grateful for the support. The good news is that Shatta Wale has been released… and he will speak soon,” he reassured.
The revelation about “ZAK” has added fuel to the controversy, with social media users mocking the explanation and demanding EOCO dig deeper. Others argue that this case will either expose a major criminal network or prove Shatta’s carelessness in his dealings.
For now, the fate of the Lamborghini is sealed, but the bigger question remains whether Shatta Wale himself will face further charges in the fraud case.
Long dresses, also known as maxi dresses, are a timeless wardrobe essential. Their elegance, versatility, and comfort make them a go-to choice for various occasions—from casual outings to formal events. Here are the must-have long dress styles every woman should consider adding to her closet:
This universally flattering style features a fitted bodice that gradually flares out, creating a graceful silhouette. Perfect for weddings, dinners, or work functions, an A-line dress in a solid color or soft print can be styled up or down effortlessly.
Known for its adjustable fit and waist-defining shape, the wrap dress complements most body types. It’s a great pick for both casual and semi-formal settings. Choose floral patterns or lightweight fabrics for a breezy, feminine look.
Boho dresses bring a relaxed, artistic vibe to your wardrobe. Often featuring flowy fabrics, ethnic prints, or lace details, they are perfect for summer festivals, beach days, or weekend brunches. Pair with sandals and a floppy hat for the ultimate boho-chic ensemble.
Every woman needs at least one stunning floor-length gown for special occasions. Opt for luxurious fabrics like silk, satin, or velvet in classic colors such as black, navy, or burgundy. Embellishments like sequins or beading can add extra glamour.
Combining structure with comfort, the shirt dress offers a more tailored look. Ideal for work or casual events, it balances sophistication and ease. Belt it at the waist for added shape.
Having a variety of long dress styles allows women to express their personal style while being prepared for any occasion. Investing in these staples ensures elegance, confidence, and versatility all year round.
The Member of Parliament for Ketu North Constituency in the Volta Region, Mr Eric Edem Agbana, has underscored the critical role of taxation in financing Ghana’s development, calling for reforms to expand the tax base, improve compliance, and build greater public trust.
Speaking at the 13th Annual International Tax Conference of the Chartered Institute of Taxation, Ghana, Mr. Agbana described taxation as “the most reliable and sovereign tool for financing our development.”
Onga Seasoning, headline sponsor of the Western African edition of the Jollof Battle, has announced The Avi (near Astoria Palms) as the new venue for tomorrow’s event.
Initially scheduled to take place at the La Palm Beach Hotel, the organizers, in a social media post, indicated that they had to change the location due to reasons they had no control over, thereby pleading with patrons to bear with them.
The statement read, “Dear Esteemed Guest, Please be informed that the venue for the Onga Jollof Battle has been changed from La Palm Royal Beach Hotel to THE AVI (near Astoria Palms).” “To ensure your convenience, a shuttle bus will be stationed at La Palm Royal Beach Hotel to transport all invitees who may still arrive at the old venue. This bus service will take you directly to the new event.”
“We sincerely apologize for any inconvenience this may cause and appreciate your understanding and cooperation. We look forward to hosting you at the Onga Jollof Battle for an unforgettable experience,” the statement read.
On Saturday, August 23, six West African countries — Ghana, Nigeria, Senegal, Côte d’Ivoire, Sierra Leone, and Niger — will be battling for the controversial coveted title of the Best Jollof Country alongside a cash prize of GH¢50,000.
The contestants are Dr. Akosua, Big Mercy, Yasmin Mbodj, Jollof Assassin, Alma Nicole-Wilson, and Yasima, respectively.
According to the organizers, there will be free Jollof and drinks, as well as performances from surprise artists.
By Prince Fiifi Yorke
Courier service operators in Accra have expressed frustration after more than 150 riders were arrested in a joint crackdown by the Ghana Police Motor Traffic and Transport Department (MTTD) and the Postal and Courier Services Regulatory Commission (PCSRC).
The arrested operators, many of whom work through ride-hailing platforms say they have been left without adequate support to meet licensing requirements and are struggling with the high costs involved.
“Now they say we should pay GH¢1,070 before we can work. If you don’t, you’ll pay GH¢600 as a fine. We are calling on them to reduce the price,” courier operator Daniel Laryea told Citi Business News.
Another operator, Emmanuel Nkebi, argued that digital platforms should shoulder more responsibility:
“We pay for Yango, so we are like third-party workers. If there’s an issue, they should go after Yango, not us. But instead of holding them accountable, they are coming after us who are working under them.”
Despite the grievances, regulators maintain the clampdown is necessary to sanitise Ghana’s booming courier and logistics sector.
The Commission said unlicensed operators not only evade taxes but also pose significant consumer protection and security risks.
Public Relations and Consumer Manager at the Commission, Edwin Nii Yeboah Burgesson, explained that businesses had been given a two-month grace period to comply but many ignored the directive.
“Because of the delivery services they are offering, the law mandates them to come for that license. Section 10 of the Act makes it a criminal offense to operate delivery services without a license from the Commission,” he said.
The arrests highlight ongoing tensions between regulators, ride-hailing platforms and operators in a sector seen as critical to Ghana’s e-commerce and logistics ecosystem.
A young Nigerian known as “Geh Geh” has captured the hearts of thousands online after his TikTok live session on Thursday drew an astonishing 177,000 viewers and reportedly earned him gifts worth over $30,000.
The social media personality, who refers to his online platform as the “University of Wisdom and Understanding,” has been making waves with his unconventional approach to advising men on relationships and finances.
In a video he posted after the live session, Geh Geh said, “More than 177,000 people watch my lectures today.
“Jesus! University of wisdom and understanding, the only university where once you graduate, woman go fear to ask you for money.”
Describing himself as the “first illiterate to find a university in the history of Nigeria,” Geh Geh reflected on his unlikely rise to fame, saying, “I no be graduate too, but by the grace of God, I don find school. I be orphan, but now Nigerians don show me love.”
According to him, the gifts received during the live were worth approximately $30,000, a feat he described as life-changing.
“See gift I made over… more gift when they give me today is worth about $30,000. I no go take this love for granted, because I no really do anything for am,” he said in a follow-up video after the live became a hit.
The viral moment has been hailed by many as a form of digital empowerment, proof that even those without formal education can leverage social media to build influence, create entertainment, and earn a living.
While his controversial teachings on money and women have sparked debates online, his story is now being seen as an inspiration to underprivileged youths.
Reflecting on the overwhelming support, he added, “If Nigeria be country wey value great people, by now them suppose dey compare people like me with Aristotle, Wole Soyinka, Einstein… but I thank God say people dey see my head and my own difference.”
His followers, now calling themselves “students” of the Geh Geh University, continue to grow, raising questions about how social platforms are redefining fame and success in Nigeria.
Franklin Cudjoe, Founding President of IMANI Africa, has taken a swipe at the Ghana Bar Association (GBA) for sidelining the sitting President of Ghana in its upcoming Annual Bar Conference.
In a post shared on social media, Cudjoe claimed that from 2017 to 2024, it had become a tradition for the President of Ghana to serve as the Special Guest at the Bar Conference.
BoG directs Banks to discontinue payment of FCY cash to large corporations that do not have supporting equivalent prior cash deposits.
The Bank of Ghana (BoG) has observed with concern the growing practice of foreign currency (FCY) cash withdrawals by Large corporations that are not directly funded by prior FCY cash deposits. The BoG noted that the practice by such bulk oil distribution companies, mining companies, and other similar actors within the space exerts avoidable pressure on the foreign exchange market and also undermines efforts to ensure stability.
Accordingly, with immediate effect, all banks are directed to discontinue the
payment of FCY cash to Large Corporations, unless such transactions are fully
supported by equivalent FCY cash deposits lodged by the same institution.
Banks, the statement said, must also retain proper documentation to confirm the source of funds for every payout.
The statement issued by the Bank and signed by Ms. Aimee V. Quashie on behalf of the Secretary assured that the Bank of Ghana remains committed to supporting the operations of large corporations, recognizing their critical role in sustaining petroleum supply, mineral exports, and other essential sectors of Ghana’s economy.
She also disclosed that the Bank, in partnership with the Government, has put in place mechanisms to source and provide foreign exchange liquidity to meet legitimate import obligations of Large corporations. These measures, she explained, are designed to safeguard market stability while ensuring that vital supply chains remain uninterrupted.
‘We expect all banks to comply strictly with this directive and to co-operate fully with the BoG in ensuring that available foreign exchange resources are applied efficiently and transparently, ’ the statement emphasized, adding that non-compliance would attract appropriate regulatory sanctions.
The statement requested all the relevant industry associations to bring this directive to the notice and attention of their members and accordingly ensure their adherence.
Bloggers capturing Samira Bawumia during her address
AN OVERWHELMING number of Ghanaian bloggers rallied at the office of former Second Lady, Samira Bawumia, to mark her 45th birthday celebration.
According to the bloggers, their intention to mark the birthday celebration of Mrs. Samira Bawumia was born out of her working relations with the new media fraternity and her hard work during her tenure as the Second Lady.
They presented gift items, including cakes, to congratulate Mrs. Bawumia for a good job well done, as well as wish her well in the years ahead.
In her remarks, Samira Bawumia eulogised the bloggers for their thoughtfulness, and encouraged them to keep up the good work of informing Ghanaians about the happenings in the country.
“Let me thank you for the incredible work that you guys are doing. People underestimate the work of bloggers, but you have taken the risk of providing authentic stories for the Ghanaian people. Thank you. Keep doing the good work you are doing. Pray for us, work for us, and we will get to the Promised Land together,” she said.
Samira Bawumia, on Wednesday, August 20, marked her 45th birthday.
Former Vice President, Dr. Mahamudu Bawumia, in a post on social media, expressed profound love for his wife.
“It has been 22 years, but it still feels like yesterday. It’s been a beautiful journey. You keep growing and impacting humanity with your kindness and passion. I thank God for how far He has brought you. Keep shining. Happy birthday, darling! I love you,” the post read.
BY Prince Fiifi Yorke
Caption: Samira Bawumia
Inset: The bloggers in a pose with Samira Bawumia
Edward Boateng on Tuesday led a high-powered New Patriotic Party (NPP) delegation to Akwatia to campaign for the party’s parliamentary candidate, Solomon Asumadu, in the upcoming by-election.
The former Ambassador to China was joined by NPP General Secretary, Justin Kodua Frimpong, former Minister of Transport, Kwaku Ofori Asiamah, and former running mate and Minister of Energy, Dr. Matthew Opoku Prempeh, along with several other senior party officials and regional executives.
The visit began with a moment of reflection, as the delegation expressed heartfelt condolences to the family and loved ones of the late Member of Parliament for Akwatia, Ernest Kumi.
His untimely passing was described as a deep loss not only to the constituency but to the entire NPP family.
“Ernest Kumi served Akwatia with dedication and purpose,” said Amb. Boateng.
“It is now our responsibility to honor his legacy by continuing the work he started and ensuring that Akwatia does not lose momentum on its path to development.”
The team toured key parts of the constituency, including a walk through the Akwatia market, where they engaged traders and residents in a vibrant show of grassroots mobilisation.
The warm welcome was a clear signal of growing confidence in Solomon Asumadu and the NPP’s vision for the future.
The delegation also visited St. Dominic Hospital, where they interacted with healthcare workers and management.
The hospital team was commended for their service and commitment, with party leaders reaffirming the NPP’s pledge to invest in quality healthcare in Akwatia and across the country.
Addressing the people of Akwatia, Solomon Asumadu, a proud indigene of the constituency, emphasised his deep roots and personal understanding of the community’s needs:
“Akwatia is my home. I was born and raised here, and I have lived my entire life among the hardworking people of this constituency. I understand our challenges because I have lived them too.
“My commitment is to serve with honesty, humility, and results. Together, we will build a stronger Akwatia.”
Amb. Boateng described Asumadu as a fresh, capable, and compassionate leader who is ready to carry forward the torch lit by Ernest Kumi and drive even greater development.
With energy surging on the ground and recent polls showing the NPP with a clear lead in Akwatia, party leaders expressed confidence in a decisive win.
The day concluded with several community engagements that further energised the base and reinforced the party’s commitment to the people.
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.
Dennis Adutwum
GeniusLoci Limited, a Ghanaian company, in collaboration with the National Lottery Authority have officially launched The Luckiest Season 3 campaign, with a grand prize of 2.5 million Ghana Cedis up for grabs.
This exciting game, hosted on the National Lottery Authority’s Caritas platform, aims to provide individuals with a chance to boost their finances.
The Chief Executive Officer (CEO) of The Luckiest, Dennis Adutwum, said the campaign, which runs until December 20, 2025, features exciting prizes, including electronic gadgets and free hotel stays, to be given away in 100 communities across Ghana.
He noted that participants can purchase tickets via *712# and share the ticket code with friends and family, making it a fun and inclusive experience.
“The initiative aims to promote responsible play and corporate social responsibility, with a focus on community engagement and development,” he stated.
He disclosed that, by dialing *712#, players can buy tickets ranging from ¢1.00 to ¢5,000 and potentially gift millions to friends and family. The Luckiest Season 3 promises to be an exhilarating experience, bringing joy and fortune to many Ghanaians.
The Acting Director, Marketing, Caritas and Customer Service, Kwabena Opoku Boakye mentioned that, “the National Lottery Authority is pleased to announce its partnership with GeniusLoci Limited to run The Luckiest Raffle Draw on the Caritas Country platform.”
“Following a thorough vetting process, the NLA was satisfied with GeniusLoci’s high level of integrity and compliance with regulatory requirements,” he said.
He emphasised that, the partnership aims to generate revenue for corporate social responsibility (CSR) initiatives, focusing on education, youth and sports development, and health, with a portion of the revenue channelled to the NLA’s Good Causes Foundation.
According to him, the NLA emphasises responsible gaming practices, including an age restriction of 18 years and above, and measures to prevent addiction and promote responsible play.
“Ghanaians are encouraged to participate, knowing that their contributions will support national development and good causes,” he urged.
The Brand Ambassador of The Luckiest, Mikki Osei Berko, highlighted that the game is an exciting opportunity for Ghanaians to win big.
He explained that, by dialing *712#, players can participate in the game and potentially win a life-changing amount of money.
“The grand prize for this year’s Luckiest ticket is GH¢2.5 million, and the game offers a chance for players to change their status from ordinary to extraordinary,” he stated.
“Come December 20, 2025, players will find out if their luck has shone, and they could win big,” he added.
During the launch of The Luckiest Season 3, lucky participants who played the game were awarded exciting prizes, including phones, power banks, and a flat screen television.
By Janet Odei Amponsah
Chelsea are reportedly set to hold talks with Borussia Dortmund today regarding moves for Carney Chukwuemeka and Aaron Anselmino.
It is understood that the plan would see Chukwuemeka join the Bundesliga side on a permanent deal, while Anselmino is expected to make the switch on loan. The German club have tabled a proposal valued at 20 million euros including bonuses for the 21-year-old midfielder, alongside a sell-on clause for any future transfer.
Chukwuemeka is one of several players Chelsea are looking to move on before the end of the summer transfer window, with the midfielder not part of Enzo Maresca’s plans. The 21-year-old spent the second half of last season on loan at Dortmund, and has made it clear his preference is to return to the club.
Carney Chukwuemeka (Photo Credit: Getty Image)
Anselmino on the other hand, signed for Chelsea from Boca Juniors in August 2024, for a reported £15.6m transfer fee. The youngster then returned to the ‘Azul y Oro’ for half a season on loan.
He made his debut for the Blues earlier this summer, when he appeared as a substitute in the final minutes of Chelsea’s 4-1 win over Benfica in the round of 16 of the FIFA Club World Cup.
Anselmino had the opportunity to go on loan to Marseille, but Chelsea turned that down, with the 20-year-old playing no football between January and the end of the season. Chelsea clearly see Anselmino as a talent, but he needs to go and play regularly in order to develop.
Aaron Anselmino (Credit: Getty Images)
According to transfer expert Fabrizio Romano, via his X account, Borussia Dortmund are set for direct talks with Chelsea on Friday to finalise deals for Carney Chukwuemeka and Aaron Anselmino.
The proposed agreement includes a €20m fee plus add-ons and a sell-on clause for Chukwuemeka, while Anselmino is expected to join on loan without a purchase option.
This could be smart business by Chelsea if they manage to get it done, with Chukwuemeka clearly not in their plans, while Anselmino should benefit from the experience of first-team football at a top European club before establishing himself as a regular for Enzo Maresca’s side.
Both players will be hoping to complete their respective transfers with Borussia Dortmund before their first game of the Bundesliga season just two days away. An appearance against St Pauli in the opener seems unlikely; however could both appear in the club’s first home game against Union Berlin on August 31.
Universal Friendship Organisation (UFO) Commends President John Dramani Mahama for Granting Amnesty to 998 Inmates
The Universal Friendship Organisation (UFO) in Accra has extended its heartfelt commendations to President John Dramani Mahama for his wise and compassionate decision to grant amnesty to Nine Hundred and Ninety-Eight (998) prisoners. The UFO noted that the gesture is a demonstration of the government’s commitment to the rehabilitation of the affected persons, being merciful to the people, and also the total well-being of its citizens.
The amnesty is expected to have a positive impact on the general prison system, including decongesting the prisons and improving the living conditions of the remaining inmates, reducing government expenditure on the prisoners, and allowing for more effective allocation of resources, as well as providing an opportunity for the rehabilitation and reintegration of the released prisoners into society.
A statement jointly issued by the President as well as the Executive Member and Co-Founder of the Organization, Mr. Samuel Adobah and Nana Sewiri II, respectively, expressed the optimism that the beneficiaries of this amnesty have been transformed through their experiences and are now poised to contribute positively to their communities. ‘This act of mercy will not only bring relief to the individuals and their families but also foster a sense of hope and renewal, ’ the statement added.
The UFO also applauded President John Mahama’s leadership and vision in promoting a more humane and just society, saying this initiative reflects the government’s dedication to creating a better future for all citizens.
Mr. Adobah and Nana Sewiri II urged the families and friends of these inmates to welcome these individuals into their fold with open arms, provide them with the necessary support, and also work towards eliminating stigmatization against them. They emphasized that by doing so, Ghanaians can create a more inclusive and compassionate society that places value on redemption and second chances.
The statement also urged the government to continue exploring innovative solutions to address the challenges facing the prison system in the country, and also prioritize rehabilitation and reintegration programs for such released prisoners.
The Universal Friendship Organization (UFO) is a civil society organization focused on promoting peace, unity, and international co-operation. It is involved in various activities like peace walks, educational initiatives, and advocacy for sustainable development. The Organization is also known for its work in addressing conflict and promoting reconciliation, particularly in regions experiencing unrest.
Deputy Director of Elections for the National Democratic Congress (NDC), Mahdi Gibril
Deputy Director of Elections for the National Democratic Congress (NDC), Mahdi Gibril, has stated that a victory in the September 2nd by-election in the Akwatia constituency will affirm their victory in the 2024 general elections.
He explained that the National Democratic Congress (NDC) believes it won the 2024 parliamentary seat for Akwatia but that “something fishy went on,” which is why they went to court to challenge the outcome.
Mahdi Gibril stated that the NDC is fully prepared and will not compromise or be complacent in the upcoming by-election.
He was confident that, based on their preparations, the NDC will secure victory on September 2, 2025.
“We will win the seat and will confirm that our decision to challenge the outcome of the 2024 elections was not an exercise in futility,” he said. “We knew why we filed a petition in court challenging the declaration of the NPP as winners of the seat.
“We had our evidence and knew that the results declared were in error. Some polling stations recorded double votes and allowed voters to vote without any form of verification, and that was why we headed to court.”
He claimed that while the difference between the NPP and NDC in the presidential votes was 82, the parliamentary results recorded “huge and strange figures.”
Mahdi Gibril told Kwabena Agyapong, host of “Frontline” on Rainbow Radio 87.5FM, that the NDC has put its preparedness plan into action and will block any activity that could undermine the integrity of the by-election.
He added that they have trained party agents and worked hard to ensure the NDC’s victory in the by-election is secured.
He further posited that the NPP, upon discovering they would lose the Akwatia by-election, strategically withdrew from the Tamale Central by-election to pressure the umbrella family to also withdraw from the Akwatia by-election. This was not done out of respect for the memory of Dr Murtal Mohammed.
Shatta Wale was detained by EOCO on August 20, 2025
Legal practitioner, Brako-Powers, has stated that the Economic and Organised Crime Office (EOCO) cannot compel Shatta Wale to disclose who sold the Lamborghini Urus currently under investigation to him.
In an interview on 3FM on August 21, 2025, the lawyer said Shatta has the right under the Constitution to remain silent when being questioned and cannot be forced to give information that could implicate him.
Shatta Wale isn’t the only one, more artistes will be arrested by EOCO – Blakk Rasta
“Shatta Wale has the right not to incriminate himself, and this privilege can be invoked in both civil and criminal proceedings,” Brako-Powers stated.
His comments come after Shatta Wale was detained by EOCO over his 2019 Lamborghini Urus.
Shatta Wale recently claimed to have purchased the luxury vehicle for $150,000. However, the car is alleged to be linked to a $4 million financial crime involving Ghanaian national Nana Kwabena Amuah, who is currently imprisoned in the United States.
Shatta Wale addresses fans after EOCO release
Meanwhile, Shatta Wale has been released after his bail was revised from GH₵10 million with two sureties to GH₵5 million with two sureties.
Although the musician has now been released, his time in custody raised concerns among fans, who argued that he was held longer than the 48 hours permitted under Ghana’s Constitution.
Commenting on the situation, the legal practitioner stated that police are legally required to either release a suspect or present them before a court within 48 hours.
“The law is clear that 48 hours is 48 hours and not a minute or second beyond. This attitude of law enforcement agencies does not ensure certainty of the law’s application,” he warned.
Meanwhile, meet the young Ghanaian artist turning bodies into powerful art:
AK/EB
The Ministry of Health (MoH) has postponed the licensing examinations for nursing and midwifery candidates to September 4, 2025.
The new date was decided during a meeting between the Minister of Health (MoH), the Nursing and Midwifery Council (NMC), and the Conference of Heads of Health Training Institutions (COHHETI).
Following this meeting, it was agreed that the exams would revert to the previous system and no longer be held at designated central venues.
Instead, candidates will take the examinations at their respective training institutions.
Officials stated this change will ensure a smoother process and allow for more effective supervision by the NMC.
Government to scrap Teacher Licensure Exams by August 2025 – Haruna Iddrisu
In a press release dated August 22, 2025, the Minister of Health explained that the decision was made due to concerns over the risks associated with students traveling long distances.
“It is not proper for students to travel from one region to another just to write examinations. We must put their safety and well-being first,” the statement said.
The minister added that the Ministry would provide the necessary resources to support the exams at the various institutions.
“We want fairness and effective monitoring of the process. The Ministry is committed to providing the necessary support to the NMC and the institutions,” the statement added.
The NMC is expected to release a revised timetable and detailed guidelines in the coming days.
The Ministry has called on all candidates, training institutions, and stakeholders for their cooperation and understanding.
Nursing and Midwifery Council commences online licensing exam
Read full statement below
PRESS RELEASE
POSTPONEMENT OF CENTRALISED LICENSING EXAMINATIONS FOR NURSING AND MIDWIFERY CANDIDATES
1. The Ministry of Health wishes to inform all stakeholders and candidates that the planned Centralised Nursing and Midwifery Licensing Examinations have been postponed to September 4, 2025.
2. This decision was reached at a consultative meeting involving the Minister for Health, the Nursing and Midwifery Council (NMC), and the Conference of Heads of Health Training Institutions (COHHETI). It was agreed that the examinations will henceforth be conducted in the respective training institutions, as was previously the practice, to ensure smooth participation and effective supervision by the NMC.
3. The directive follows careful consideration of the risks associated with extensive travel by students to designated examination centres.
4. According to the Minister for Health, this measure is necessary to safeguard the safety and well-being of candidates, while ensuring fairness and proper monitoring of the examinations.
5. A revised timetable and detailed guidelines will be issued by the NMC in due course.
6. The Ministry appreciates the cooperation and understanding of all candidates, training institutions, and stakeholders in this important exercise.
7. The Minister for Health, Hon. Kwabena Mintah Akandoh, further stressed that it is not proper for students to travel from one region to another to sit for examinations.
8. He also assured all stakeholders that the Ministry will provide the necessary logistics to ensure the successful implementation of this directive.
SIGNED BY:
TONY GOODMAN
DEPUTY DIRECTOR & SPOKESPERSON
MRA/VPO
Meanwhile, watch the trailer to GhanaWeb’s upcoming documentary on teenage girls and how fish is stealing their futures below:
US President, Donald Trump
US President Donald Trump has backed down from setting high tariffs on pharmaceuticals and semiconductors imported from the European Union.
Last month, Trump said pharmaceuticals and semiconductors were not covered by the US and EU’s handshake trade deal – meaning those sectors could have faced tariffs rates of 250% and 100% respectively.
But according to new details released about the US-EU agreement on Thursday, EU pharma and semiconductor tariffs will be limited to 15% in line with most other sectors in the trade deal.
However, the EU will first have to pass legislation reducing US export tariffs to zero in order to get the 27.5% tariffs on car exports reduced to 15%.
In a joint statement on the agreement, the US and EU said this was a “first step in a process” that could be expanded as the relationship develops.
The trade deal was first announced at a meeting between Trump and European Commission President Ursula von der Leyen in Scotland last month.
They agreed to reduce tariffs on most EU exports to 15%, half the rate originally threatened by Trump but higher than the 10% tariff secured by the UK.
At the time, von der Leyen described it as a “framework” agreement with details to be worked out over the following weeks.
But later threats of higher tariffs on pharmaceutical and semiconductor exports to the US heightened fears that those products would be excluded from the deal.
In July, Trump had threatened to lift pharmaecutical tariffs to 200%, but speaking on CNBC on 5 August, Trump said they could eventually go as high as 250%.
“We want pharmaceuticals made in our country,” he told CNBC.
EU member state Ireland is a major pharmaceutical exporter to the US, as are other European nations: Ozempic manufacturer Novo Nordisk is also Europe-based, headquartered in Denmark.
On Thursday, Ireland’s Deputy Prime Minister and Foreign Minister Simon Harris welcomed the assurance that the 15% rate will include pharmaceuticals and semiconductors.
“This provides an important shield to Irish exporters that could have been subject to much larger tariffs,” he said.
According to the joint agreement, the US will apply the new 15% tariff rate on most European goods, including European semiconductor and lumber exports, from 1 September.
In return, the EU will reduce to zero tariffs on “all US industrial goods”, including agricultural products such as fresh fruit and vegetables, pork, bison meat, and tree nuts.
It is only once Europe removes tariffs on US exports – a move that requires legislation – that the White House will reduce the 27.5% tariff on European motor vehicle exports to 15%, the agreement said.
EU Trade Commissioner Maros Sefcovic told a news conference the deal sets out that the 15% tariff on cars would be retroactively applied from the first of the month in which the legislative process begins.
Sefcovic said it was the EU’s “firm intention” to get that process started this month, and he had received reassurance from the US that the lower tariff would then apply from 1 August.
Director general of the European Automobile Manufacturers’ Association Sigrid de Vries told BBC’s Today programme it was important to have a deal, but the car industry was “not out of the woods” yet as manufacturers have been paying “millions of euros in tariffs every day” since April.
“The deal says we’ll go down from 27.5% to 15% but we’re coming from a rate of 2.5% so the impact will continue to be large,” she said, adding that would affect prices for customers in the US and beyond.
EU Commission President Ursula von der Leyen said on X the deal offered predictability for the bloc’s businesses and consumers, as well as “stability in the largest trading partnership in the world”.
US Secretary of Commerce Howard Lutnick said on X the deal “creates historic access to the vast European markets” for American producers.
The deal comes after months of tariff threats and intense negotiations between the US and the EU, after Trump first announced in April that he would hit all European exports with a 30% tariff.
However, there was disappointment on both sides of the Atlantic that wine and spirits had not managed to be exempted from tariffs.
The French wine exporters federation, FEVS, said it would “create major difficulties for the wines and spirits sector”.
Mr Sefcovic said that with wine and spirits, “unfortunately, here we didn’t succeed”, although he added, “these doors are not closed forever.”
In the US, the Distilled Spirits Council also said it was disappointed by the agreement.
It said that without “a permanent return to zero-for-zero tariffs on spirits”, US distillers would not have the certainty to plan for future growth, while higher tariffs on EU spirits would “further compound the challenges facing restaurants and bars” in the US.
Former Black Stars coach, James Kwasi Appiah
Former Black Stars midfielder, Afriyie Acquah has described former Ghana coach, James Kwasi Appiah as a man of integrity “who doesn’t promise and fail”.
According to Afriyie Acquah, he was hopeful of making the trip to South Africa for the 2013 AFCON but he was dropped despite being a constant member of the team that played the qualifiers against Lesotho, Zambia, Malawi, and Sudan.
The former Torino midfielder, however, was not hurt about his exclusion because coach Kwasi Appiah explained why he was dropped before making him a pledge for the 2014 FIFA World Cup.
In an interview with GMS Sports on YouTube, Afriyie Acquah said Kwasi Appiah told him that the 2013 AFCON will be Derek Boateng’s last tournament for the Black Stars and he will take over from him after that.
“I thought i was going to the AFCON but i was dropped from the squad. The coach told me why he dropped me and i understood his decision. I wasn’t angry or sad because his explanation made perfect sense because he said i will go to the 2014 World Cup.”
I wanted to be a chef, but my uncle forced me to play football – Afriyie Acquah
“Kwasi Appiah told me the AFCON will be Derek Boateng’s last tournament and i will take over from him. He promised to take me to the World Cup and he did just that. He fulfilled his promise to me and that was very important to me.
Meanwhile, Afriyie Acquah scored his first goal for the Black Stars in Ghana’s 1-0 win over Malawi on October 13, 2012, in the 2013 Africa Cup of Nations qualifiers.
JE
Meanwhile, watch as Ghanaians predict top scorer between Kudus and Semenyo on GhanaWeb TV below:
Watch as Ghanaians share their views on GFA’s third term controversy
Lucas Ribeiro Costa start all three of Mamelodi Sundowns games for di Club World Cup
Lucas Ribeiro Costa don end im contract wit South Africa club Mamelodi Sundowns as e dey eye to become di first footballer to benefit from Lassana Diarra legal victory against Fifa.
Di Brazilian forward Ribeiro, wey im goal against Borussia Dortmund for June dey voted as best of di Fifa Club World Cup, don also carry im case to world football govning body.
Di 26-year-old dey represent by Belgian lawyer Jean-Louis Dupont, wey also win di landmark 1995 case wey involve Jean-Marc Bosman and dey also represent Diarra.
Di former France midfielder Diarra don dey inside long-running legal battle wit Fifa and for October di Court of Justice of di European Union (CJEU) find say some of Fifa transfer rules break European Union laws.
Diarra play as defensive midfielder for im club career for clubs like Chelsea, Arsenal, Portsmouth, Real Madrid and Paris Saint-Germain bifor e retire for 2019.
Afta Diarra end im contract wit Lokomotiv Moscow for 2014, Fifa come refuse to provide am wit international transfer certificate (ITC) for proposed move to Belgian club Charleroi for 2015.
Di CJEU find say Fifa show say dia rules “go against di free movement of professional footballers wey wish to develop dia activity by going to work for new club”.
Afta dat incident, Fifa bin korrect and amend dia transfer regulations.
Howeva, Diarra don restart legal proceedings wia e dey seek for £56million compensation.
Di case of Lucas Ribeiro Costa vs Mamelodi Sundowns
Lawyer Dupont say Qatar SC bin make Mamelodi Sundowns offer for Ribeiro wey dey “well above di player valuation” and e wish to join di Qatari top-flight club.
Dem claim say di South African champions bin no make di deal possible becos di club dey push di price go high.
Di lawyer say Mamelodi Sundowns bin “attempt to drive up di price, again and again, for unreasonable manner, witout any regard for di player personal interests, wey make di deal impossible”.
E add say Ribeiro end im contract, wey suppose expire for 2028, on 1 August.
Lawyer say di former Charleroi and Beveren player get “no oda choice” dan to defend im interests for Fifa tribunal.
“Sake of di Diarra ruling by di CJEU, no doubt say di gbege dispute between me and my former club no go prevent me from continuing my career wit peace of mind,” Ribeiro say.
“Indeed, following dia own regulations (as amended in light of di Diarra judgement), Fifa go see to am say di international transfer certificate dey immediately deliva upon request by my future employer.”
Di statement tok say Ribeiro dey willing to take di matter to di Court of Arbitration for Sport or state court, and e don get interest from various clubs including some wey dey Europe.
“I go now consider wetin be best for di future of my career in order to make di right choice,” Ribeiro add.
Ribeiro add say di gbege wey im dey now no go affect im next employer in any form.
“As reminder, sake of di Diarra ruling, my next employer no go dey involved for di dispute between me and Mamelodi Sundowns, neither from disciplinary perspective nor financially.”
Shatta Wale has spoken up for the first time after his release by the Economic and Organised Crime Office (EOCO)
The EOCO detained the musician on August 20,2025, in relation to an investigation into his 2019 Lamborghini Urus
Shatta Wale was granted bail of GH₵10 million with two sureties to be justified, later reduced to a sum of GH₵5 million
According to a report by YEN news on Friday, August 22, 2025, Dancehall king Shatta Wale has broken his silence after he was released from custody by the Economic and Organised Crime Office (EOCO).
The Ghanaian musician, whose real name is Charles Nii Armah Mensah, was detained by the financial crimes agency on Wednesday, August 20, 2025.
He reportedly faced charges including money laundering, tax evasion, tax fraud, and possession of the proceeds of crime.
The charges stemmed from his purchase of a 2019 yellow Lamborghini Urus that was connected to a Ghanaian jailed in the US for fraud and other related offences.
The musician was invited to the EOCO’s offices in Accra, and when he turned up voluntarily, he was interrogated and subsequently detained.
He was granted bail in the sum of GH₵1 0million by the agency and detained overnight.
Shatta Wale’s legal team worked tirelessly throughout the day on Thursday, August 21, to secure his release, finally managing to free the musician late in the evening.
Fans of the iconic dancehall superstar besieged the EOCO office for the entire day while he remained in custody and only disbanded after his eventual release.
Following his release, Shatta Wale took to TikTok Live to address his fans.
He expressed his gratitude to the multitude of Shatta Movement members who stormed the EOCO office to protest his detainment.
He also shared a message to the EOCO boss, Raymond Archer, whom he also thanked for his help in carrying out the legal processes necessary for his release.
Shatta Wale has maintained an antagonistic stance towards Archer since EOCO seized his Lamborghini, making his decision to thank him an uncharacteristic move.
Taking to his Facebook wall at 7.56 PM, the SM4LYF leader shared a short but sweet message. Firstly, he thanked his SM fans before proceeding to thank EOCO.
The On God crooner also thanked all media houses that were present at the EOCO head office, covering and reporting the turn of events in his case.
“Thank you SM fans. Thank you EOCO. Thank you all media houses. Thank you GH.”
Shatta Wale concluded his message saying that he had seen all the love shown to him and that he feels it. He then added the hashtags, acknowledging his fan base, adding that God was with him.
“I see the love and I feel it. #SM4LYF #GODISHERE.”
A former parliamentary aspirant for the New Patriotic Party (NPP) in the Bekwai Constituency, Hon. Henry Opoku-Ware has called for the immediate resignation of the party’s national leadership following what he described as a humiliating defeat in the 2024 General Elections.
Speaking during an interview on Simpieso, hosted by Nana Owoahene Acheampong, Hon.
The world-renowned Jazz at Lincoln Center Orchestra with Wynton Marsalis (JLCO) will make a landmark visit to Ghana as part of their first-ever African tour in October.
From October 8 to 12, 2025, Accra will welcome one of the most celebrated jazz ensembles and acclaimed trumpeters to the nation’s premier live music destination, +233 Jazz Bar & Grill, for two unforgettable nights of music on October 10 and 11.
The Accra gigs form part of a historic four-nation African tour being undertaken by Marsalis and the JLCO from September 26 to October 11 this year. Other countries being covered by the tour are South Africa, Kenya, and Nigeria. The tour is the first time JLCO has embarked on such a project in its 38-year history.
American trumpeter, composer, teacher, and music director Marsalis is from a family of musicians widely hailed as the First Family of Jazz. He has been variously described as a technical genius with beautiful sound, good range, superb articulation, brilliant control, a perfect ear, and a complete intellectual grasp of whatever music he is playing.
The JLCO is made up of brilliant ensemble players, unique soloists, composers, arrangers, and educators. Under Marsalis’ leadership, the Orchestra performs a vast repertoire that embraces rare historic compositions to newly-commissioned works, expanding the language of jazz while honouring its traditions.
Guests to be featured on the Orchestra’s African tour include drummer Herlin Riley, percussionist Weedie Braimah, and vocalist Shenel Johns. They are exceptional artistes in their own right, expecting to add extra shine to the concerts.
Africa is generally acknowledged as the source of all jazz. The idea of African heritage has bolstered creativity in many jazz performers at different times. An important element on the tour will be a performance of a new Marsalis composition titled ‘Afro!’ that intricately explores the links between jazz, the African continent, and its diaspora.
Apart from the concerts, the Ghana visit will include educational engagements with local students and musicians to further cement the JLCO’s mission to inspire jazz appreciation across all ages wherever they go.
The Accra concert will be hosted by the Ghana Jazz Foundation and the +233 Jazz Bar and Grill. The Ghana Jazz Foundation is a non-profit organisation that promotes jazz music and other local art forms through collaborations, educational programmes, and support for musicians and live music venues.
If you want to serve culture and confidence in one look, then a luxury African print short gown is your best bet. From vibrant Ankara to detailed Adire and opulent Kente, short gowns made with African prints are the ultimate power piece for stylish queens who love to slay effortlessly.
The beauty of short African print gowns is that they combine bold patterns with sleek tailoring, making them perfect for birthdays, brunch dates, casual weddings, and fashion-forward weekend events. Whether fitted, flared, or asymmetric, they’re your ticket to looking rich, stylish, and unforgettable.
A top-tier style to recreate is the corsetj Ankara short gown with layered sleeves or feathered hems. This design screams luxury especially when stoned or finished with velvet or tulle add-ons. You can wear it with clear heels and a clutch to command attention at any event.
Another hot favorite is the A-line flare gown with puff or bishop sleeves, perfect for ladies who love modest charm with high fashion energy. This gown flows beautifully and is comfortable enough to dance and move in. Add gold jewelry and a sleek updo for that extra class.
You can also try a wrap-style short gown made from Kente or custom Adire. This piece flatters the waist and gives a soft, feminine feel while still making a bold cultural statement. Pair with layered beads or strappy sandals to keep it glam yet grounded.
No matter your body type or style preference, luxury African print short gowns will always deliver boldness, elegance, and authenticity. With the right fit and accessories, you’re not just showing up, you’re showing off.
Dr. Johnson Pandit Asiama
The Bank of Ghana (BoG) has directed commercial banks to desist from paying foreign currency cash (FCY) to large corporates unless such payments are backed by equivalent FCY cash deposits lodged by the same institutions with the bank.
In a statement issued on Wednesday, August 20, 2025 and signed by Aimee Quashie on behalf of the Secretary to the Bank, the BoG explained that the directive responds to the growing practice of FCY cash withdrawals by large corporates – such as Bulk Oil Distribution Companies, mining firms, and other similar entities – that are not directly funded by prior FCY cash deposits.
“Accordingly, with immediate effect, all banks are directed to discontinue the payment of FCY cash to large corporates unless such transactions are fully supported by equivalent FCY cash deposits lodged by the same institution. Banks must retain proper documentation to confirm the source of funds for every payout,” the statement said.
The BoG noted that this practice places undue pressure on the foreign exchange market and undermines efforts to safeguard stability.
At the same time, the central bank reaffirmed its commitment to supporting the operations of large corporates, recognising their crucial role in sustaining petroleum supply, mineral exports, and other essential sectors of Ghana’s economy.
It further indicated that, in partnership with the Government, mechanisms have been put in place to source and provide foreign exchange liquidity to meet the legitimate import obligations of large corporates, in order to safeguard market stability and ensure uninterrupted supply chains.
“We expect all banks to comply strictly with this directive and to cooperate fully with the Bank of Ghana in ensuring that available foreign exchange resources are applied efficiently and transparently. Non-compliance will attract appropriate regulatory sanctions,” the Bank cautioned.
The statement called on relevant industry associations to draw the attention of their members to the directive and ensure strict adherence.
By Ebenezer K. Amponsah
Influencer GheGhe stirred controversy after stating that Nollywood legends Aki and Pawpaw became popular mainly because of their height, not their humor.
His remark sparked mixed reactions, with fans defending the duo’s talent and impact on Nollywood comedy.
Controversial Nigerian influencer, GheGhe, has sparked a heated debate online after claiming that Nollywood stars Chinedu Ikedieze (Aki) and Osita Iheme (Pawpaw) owe their fame more to their height than to their comedic talent.
THE government’s decision to escalate peacekeeping operations in Bawku and its environs to peace enforcement seems to be yielding some level of success as relative calm returns to the area.
In addition to the calm, there are glimpses of economic activities rebounding, with market women going about their businesses amidst heavy security deployment.
Twenty Ghanaian nationals, made up of 10 men and 10 women, have been rescued from suspected human traffickers in Nigeria’s Akwa Ibom State, following a joint operation between the Ghana Police Service, INTERPOL, and the Nigerian Police.
The Akwa Ibom State Police Command confirmed the rescue in a statement issued in Uyo on Wednesday, August 20, 2025, the Nigerian Punch newspaper reported.
According to the report, the Command’s Public Relations Officer, DSP Timfon John, said the victims were discovered in a heavily fenced compound at Obio Etoi village in the Uyo Local Government Area.
The rescue operation, carried out on Monday, August 18, 2025, was based on credible intelligence received after a formal request from the Ghana Police Service. Armed operatives stormed the building around 4:17 pm, freeing the 20 Ghanaians who had been held against their will.
“On August 18, 2025, operatives of the Command successfully rescued 20 Ghanaians trafficked to Uyo, Akwa Ibom State,” the police spokesperson confirmed.
“The victims were rescued after a collaborative operation with the Ghana Police Service and INTERPOL,” she reportedly added.
The Nigerian police said the rescued victims appeared dazed and disoriented at the time of the operation, with investigators suspecting that they may have been hypnotised.
“The victims presently appear disoriented and have been unable to provide useful information,” DSP John revealed.
The police have since launched a full-scale investigation into the trafficking network and assured that updates will be communicated as more details emerge.
A Daily Guide Report
Ghana’s political reset in 2025 has coincided with an unmistakable economic rebound. Inflation is easing, the Ghana Cedi has steadied, business activity is picking up, and this grants the new administration its first real chance to rewrite the country’s stop-start growth story.
The rebound looks even sharper against peers, with Nigeria struggling with inflation above 20% and Kenya with recurring fiscal strains. Ghana’s mix of forex interventions, rising gold and cocoa earnings, and a recovering Composite Index of Economic Activity puts it closer to Côte d’Ivoire’s steady post-pandemic climb.
The economic momentum is supported by hard numbers, pointed sharply upwards, and, at last, appears to be smiling. In the first half of the year, headline inflation tumbled from 23.8% (December 2024) to 13.7% (June 2025), the Ghana Cedi surged by more than 40% against the US Dollar, and GDP growth accelerated to 5.3% in Quarter 1 (Q1).
International reserves have climbed to their highest level in 15 years, delivering approximately 4.8 months of imports cover even as public debt has fallen from GH¢726.7 billion to GH¢613.0 billion. The banking sector’s capital adequacy ratio has strengthened to 14.4% and food inflation, though still elevated at 15.1% in July, is well below crisis peaks.
These achievements are an indication of prudent fiscal management, targeted monetary policy, and strategic interventions in key sectors.
Such early gains have not occurred by chance. Coordinated policy execution, renewed investor confidence, and decisive measures in both the fiscal and monetary arenas have laid a strong foundation for recovery. Unlike some previous transitions, where initial optimism faded, the current rebound stands out for its sheer speed and scale.
However, experienced analysts may feel a twinge of déjà vu. History has shown that early gains can fade if structural reforms stall or fiscal discipline slips in later years. For President Mahama’s administration, the challenge and opportunity are to sustain these advances beyond the honeymoon phase, breaking the cycle of short-lived recoveries.
Doing so will require resisting the temptation to reset priorities midstream for short-term political wins and instead sustaining the agenda in reforms that outlast the electoral cycle.
This review examines ten key macroeconomic and banking indicators, which metrics provide a panoramic view of how far the economy has come since the turbulence of recent years and where the next phase of the path will be won or lost.
Inflation
Inflation, once the most visible sign of economic stress in Ghana, has eased dramatically in 2025. Headline inflation fell to 12.1% year-on-year (YoY) in July, the lowest level since October 2021. This represents a sharp drop from 23.8% in late 2024 and 18.4% as recently as May 2025.
The cooling trend has been powered by falling fuel and transport costs, lower food prices, and a stronger Ghana Cedi, reducing imported inflationary pressures. Food inflation remains above headline levels but has retreated from the crisis high of 2022/2023.
This is a marked departure from the early years of previous first-term administrations, such as the Kufuor and Mahama (v1) governments, when inflation often spiked in the double digits before stabilisation measures took hold. The present disinflationary phase gives the Bank of Ghana (BoG) room to consider interest rate cuts, potentially easing borrowing costs and stimulating investment, provided stability is maintained.
Composite Index of Economic Activity (CIEA)
Ghana’s Composite Index of Economic Activity (CIEA), which is a monthly gauge of business and consumer activity, points to a much stronger recovery in 2025. Covering trade, company sales, tourist numbers, port traffic, bank lending, electricity use, cement sales, private sector credit, and VAT receipts, the index plunged in the year 2020 at the height of the pandemic.
By May 2025, CIEA was up 4.4% in real terms compared to a year earlier, which is an improvement from 3.4% in May 2024. Also, in March 2025, activity rose 2.3% YoY, more than double the 1.0% gain in March 2024. This is in stark contrast to 2020, when contractions of up to -4% were recorded.
These stronger CIEA readings are consistent with Ghana’s broader economic growth of 5.3% in Q1 2025, up from 4.9% in Q1 2024, well above the long-term average since the year 2000. The key drivers are expansions in agriculture, services, and construction, supported by easing inflation, a stable exchange rate, and stronger foreign reserves.
Monetary Policy Rate
The BoG’s policy rate, which stood at 28% earlier in 2025, was slashed by a historic 300 basis points in July, bringing it down to 25%, the steepest cut in its history. This (unarguably) decisive move was backed by a sharp disinflationary trend, with inflation easing to 13.7% in June from 18.4% in May, the lowest level since December 2021.
Looking ahead, market watchers expect further easing. Analysts at Fitch Solutions forecast an additional reduction to 23% by the end of 2025 and 20% by the end of 2026, a projection validated by the BoG Governor’s own admission that there is room for further policy cuts if macroeconomic stability persists.
The transmission of this monetary stance is already becoming evident as commercial banks are revising lending rates downward, easing financing pressures on businesses and households. This renewed credit momentum is filtering into the real economy, particularly agriculture, services, and small enterprise sectors that are highly rate-sensitive.
Exchange Rate Performance
Perhaps the most striking development in 2025 has been the Ghana Cedi’s rebound. Earlier in the year, the Ghana Cedi traded as weakly as the high GH¢15s, levels last seen during past crises. By mid-June, it had recovered to about GH¢10.3 per USD, representing an appreciation of over 40%, one of the sharpest in the region.
This rebound has been propelled by a powerful mix of macroeconomic measures and external inflows. A strong external buffer, tight monetary policy, and improved market sentiment played central roles as detailed as follows;
Firstly, gross international reserves rose to about US$11.12 billion by June, raising import cover to approximately 4.8 months, significantly strengthening Ghana’s ability to weather external shocks.
Also, the Bank of Ghana’s regular interbank interventions, including a US$490 million forex injection in April 2025, helped to manage the exchange rate effectively. At the same time, the GoldBod initiative, under which the government purchases all gold from artisanal miners and about 20% of large-scale miners’ monthly production in Ghana Cedi rather than US Dollars for export, paired with high global gold and cocoa prices, ensured steady FX inflows, supporting the Ghana Cedi’s stability.
Moreover, the exercise of tight monetary policy with the policy rate held at 28% through mid-2025, combined with fiscal reforms and debt restructuring, strengthened confidence in both the Ghana Cedi and Ghana’s economic outlook.
Fiscal Balance
The fiscal deficit for 2025 is projected at 3.9% of GDP, which is an improvement from the 4.1% recorded in 2024 and well below the double-digit gaps seen during the COVID-19 years. This narrowing is an indication of disciplined expenditure management, improved tax compliance, and stronger-than-expected receipts from the energy sector. More importantly, too, the government’s target of maintaining a primary surplus of 1.5% of GDP signals a shift towards fiscal orthodoxy, which is something that has not always been sustained in the early terms of past administrations.
Historically, similar fiscal gains in the mid-2000s and mid-2010s were often reversed by election-year spending surges, leading to inflationary pressures and exchange rate instability. The key challenge now will be to sustain these gains beyond the mid-year review period while safeguarding growth-enhancing capital expenditures.
From a theoretical perspective, this trend is consistent with the fiscal sustainability framework, which posits that maintaining a primary surplus is essential for stabilizing public debt-to-GDP ratios. It also resonates with Ricardian Equivalence to some extent, in that credible fiscal consolidation can improve market confidence, lowering sovereign risk premiums and stimulating private investment. In the context of Ghana, the credibility of this fiscal path will hinge on resisting procyclical spending in the run-up to 2026 and embedding structural reforms that enhance revenue resilience.
Public Debt-to-GDP Ratio
Ghana has achieved a spectacular drop in public debt from a staggering 85% to 89% of GDP in 2022 to just 43.8% by June 2025, down from 61.8% at the end of 2024. Even though the breakdowns show domestic and external obligations tallying to 22.3% and 29.1%, respectively, valuation differences explain why they don’t reconcile perfectly with the headline figure.
Compared to the debt overhang that burdened earlier governments, particularly during the pre-HIPC years, the current ratios suggest more fiscal breathing space. However, Ghana’s history of external shocks, from commodity price swings to global financial turbulence, justifies the need for vigilance.
Economic Growth Rate
At 5.3% YoY in Q1 2025, Ghana’s GDP growth is outpacing the 2024 performance of 4.9% YoY and beating earlier projections. The non-oil economy, led by agriculture and services, remains the main driver of expansion, effectively counterbalancing the ongoing drag from oil and gas. Agriculture has been propped up by favourable weather and higher cocoa output, even as services, especially wholesale, retail, and information and communications technology (ICT) continue to provide strong momentum, according to the Bank of Ghana’s 2025 Monetary Policy Report.
From a theoretical perspective, therefore, this pattern is consistent with the structural transformation hypothesis, which posits that sustainable long-run growth requires a shift from narrow, resource-driven expansion to a broader, diversified base across productive sectors. Ghana’s growth trend demonstrates this transition, unlike the early 2010s, when GDP growth peaked above 14% in 2011 on the back of oil production. Today’s economy is less dependent on extractives. This diversification strengthens resilience by reducing vulnerability to sector-specific shocks.
Nonetheless, the current growth figure of 5.3% YoY remains below the 6.5% average recorded during President Akufo-Addo’s first term (2017 to 2020), when momentum was boosted by post-oil boom expansion. However, the present path appears steadier and more balanced, supporting long-run stability over short-lived cyclical surges.
Credit Growth to the Private Sector
Private sector credit in Ghana remains an indispensable fault line in the country’s growth narrative. As of 2023, the credit-to-GDP ratio stood at just 8.65%, less than half the 16% level seen in 2017 and well below regional comparators. This collapse in credit penetration shows the lingering effects of post-recapitalisation retrenchment, legacy non-performing loans (NPLs) burden, and tighter prudential oversight.
However, the tide is slowly turning. The rebound in private-sector credit is striking. In nominal terms, credit surged by 26.9% YoY in February 2025, up sharply from just 5.1% a year earlier. Even more telling, real credit growth turned positive at 3.1%, reversing February 2024’s steep -14.7% contraction. Such recovery shows improving balance sheets, a restoration of confidence, and the early stirrings of a more supportive financial environment.
The structural low in credit penetration is an indication that Ghana’s financial system is still healing. According to World Bank data (FRED, GFDD private-credit series), private credit-to-GDP declined from 12.9% in 2017 to 9.9% in 2020, before sliding further. Even with the 2025 rebound, credit supply remains thin, constraining the full growth potential of the economy.
Ghana’s credit story is therefore at an inflection point where policy easing and macroeconomic stability may ignite a financial accelerator effect, but the pace of recovery will hinge on whether banks can sustainably balance prudence with risk appetite.
Non-Performing Loans (NPL) Ratio
Ghana’s banking sector is showing tentative progress in asset quality, though vulnerabilities remain pronounced. As of April 2025, the Non-Performing Loans (NPLs) ratio declined to 23.6%, down from 25.7% in April 2024. This marks a continuation of the downward trend from a peak above 26% in early 2024, showing stronger loan growth relative to the rise in problem loans. Still, though, the figure is more than double the 10% ceiling the BoG targets by December 2026.
A more encouraging signal lies in the adjusted NPL ratio, which excludes fully provisioned loans, now at 9.0%, improved from 11.1% in April 2024. This suggests banks are increasingly absorbing expected losses and strengthening their capital buffers. This notwithstanding, the absolute stock of NPLs climbed to GH¢21.7 billion, up 8.7% from GH¢20.0 billion a year earlier, buttressing the fact that while the ratios are improving, the problem in nominal terms is far from solved.
The private sector dominates Ghana’s NPL burden, accounting for 93.4% of the total in April 2025, up from 91.0% the previous year. By contrast, the public sector’s share eased to 6.6%, demonstrating relative improvements in state-related loan performance.
Disaggregated sectoral figures paint a mixed picture, as shown in the lines below;
Firstly, agriculture, forestry, and fishing remain the most distressed, with NPLs surging to 62.1% from 58.7%.
Also, transportation, storage, and communications worsened, climbing to 53.9% from 49.0%.
Encouragingly, construction saw a sharp turnaround, with NPLs falling to 30.3% from 41.3%, while mining and quarrying improved to 9.8%, down from 14.4%, the lowest across major sectors.
Notwithstanding the modest gains, Ghana’s NPL ratio of 23.6% is still extreme compared to regional peers, where most West African and Sub-Saharan African banking systems record NPL levels between 10% to 15%. Elevated NPLs are not just a banking-sector problem, but they transmit broader macroeconomic consequences.
From the lens of the financial accelerator theory, high problem loan ratios erode banks’ net worth and risk-bearing capacity, amplifying shocks in the real economy. With capital locked in non-performing assets, banks raise risk premiums and curtail credit supply, creating a feedback loop that restrains private sector investment and growth.
Capital Adequacy Ratio
As of mid-2025, Ghana’s banking sector maintains an aggregate Capital Adequacy Ratio (CAR) of about 14.3% to 14.4%. This sits comfortably above the 13% regulatory minimum (temporarily eased to 10% under forbearance during the post-crisis clean-up), showing a banking sector with materially stronger capitalization than in the turbulent pre-year 2017 era.
The progress is striking when viewed against history. Before the 2017 financial sector reforms and the more recent Domestic Debt Exchange Programme (DDEP), many banks struggled to meet even the regulatory floor, with CARs frequently slipping below 13%. Weak capital positions were a key trigger for systemic distress and the wave of bank failures during the clean-up.
By contrast, today’s 14% level represents a marked turnaround. The trend line shown in the lines below proves this shift.
This upward trend has strengthened banks’ buffers against shocks. However, regulators and analysts alike caution that capital strength alone is insufficient. Resilience still hinges on tackling high non-performing loans (23.6% as of April 2025) and ensuring banks generate sustainable profits to build capital organically, rather than relying on regulatory waivers or forced recapitalizations.
The foregoing analysis reveals that key macroeconomic fundamentals have strengthened markedly, buoyed by sound fiscal oversight, a stabilized currency, and a progressively healthier banking sector. The early gains of this administration, though reminiscent of previous first-term surges, are being achieved in a far more complex global and domestic environment, making the government’s and Bank of Ghana’s achievements all the more noteworthy.
Ultimately, if 2025 proves to be Ghana’s New Dawn or a replay of Déjà Vu will hinge on the coherence, consistency, and intensity of execution beyond this mid-year checkpoint. The first half of the year provides tangible evidence that the current administration has both the opportunity and the momentum to break the historical cycle of gains followed by reversals. With steadfast political will and pragmatic economic stewardship, Ghana can chart a more resilient and inclusive path, one that consolidates its hard-won stability into lasting prosperity.
By Dr. Akwasi Agyeman Britwum
Economist, Chartered Accountant, Banker
References
Primary Authoritative Sources
Supporting / Media References
Fifi Fiavi Kwetey
The National Democratic Congress (NDC) has scheduled the party’s Tamale Central Constituency parliamentary primaries for September 6, 2025.
A statement signed by General Secretary of the NDC, Fifi Fiavi Kwetey, stated that nomination forms are to be collected from the Northern Regional Office of the party from August 22 to 24, 2025.
“All completed forms must be submitted to the same office upon completion on August 28, 2025,” he stated.
According to the statement, a certified copy of the delegates list will be made available to all aspirants after vetting.
Mr. Kwetey disclosed that the nomination form fee has been pegged at GH¢5,000, and GH¢40,000 for filing fee.
However, female aspirants and persons living with disabilities are entitled to a 50% reduction on the approved filing fee.
Meanwhile, vetting and balloting will be held on August 31, 2025.
The Tamale Central Constituency seat has been made vacant following the death of the Member of Parliament, Ibrahim Murtala Muhammed, who was one of the victims of the Ghana Armed Forces helicopter crash near Adansi Brofoyedru in the Ashanti Region.
FROM Eric Kombat, Tamale
The Harbour View Estate Residents Association has revealed that the ongoing demolition exercise at the Sakumo Ramsar Site has destroyed more than 10.5 acres of land, amounting to 240 residential plots, sparking widespread concern among affected homeowners and raising fresh questions about how the government intends to balance ecological protection with the needs of urban development.
Chairman of the Association, Jonathan Boye-Doku, speaking on Channel One TV’s Breakfast Show on Friday, August 22, described the impact as significant and called for broader consultation with residents and stakeholders.
He urged the government to adopt a balanced approach that preserves both ecological integrity and human settlement.
“The demolition of land at the Ramsar site impacted about 10.5 acres of properties, that is 240 plots. That is quite a lot. With Sakumono, we have two things at play: Sakumono as a Ramsar site and Sakumono as a government-acquired site. Which one are we fighting for? If it is Ramsar, then we must sit down and see the best way to solve the problem,” Mr. Boye-Doku noted.
He emphasised that the Ramsar site was originally meant for sustainable development, and any approach must avoid undermining its primary purpose. According to him, residents are not opposed to the government’s project but are advocating a “win-win solution” where urbanisation can progress without eroding the ecological balance of the wetland.
“We are not saying government should abandon the project and leave us to do whatever we want,” he clarified. “We are looking at balancing urbanisation and ecological effect so that at the end of the day, it is a win-win for all of us.”
The demolition exercise, led by the Greater Accra Regional Security Council (REGSEC), began on Monday, August 4, 2025. It targets unauthorised structures erected within the protected Sakumo Ramsar Site and covers areas including Communities 5, 6, 10, 11, and 12.
Authorities argue that the exercise is necessary to curb encroachment on the wetland, which serves as a vital ecological buffer and habitat for diverse wildlife.
However, residents insist that solutions must be guided by technical consultations to preserve the original purpose of the Ramsar site, adding that they have petitioned President John Dramani Mahama to intervene in the ongoing demolitions in the area.
Mrs. Susana Eduful, presiding judge of Circuit Court 3, in Accra, has remanded 10 individuals, including a 17-year-old into prison custody, following their arraignment for unlawful possession of firearms and preparation to commit a violent crime.
The accused appeared before the court on Thursday, August 7, 2025 following a joint security operation atZaabuZongo, a suburb of Bawku.
Facebook has removed an Italian group which saw men sharing intimate images of often unsuspecting women with thousands of people online.
The Mia Moglie group, which translates to My Wife in English, had around 32,000 members before it was shut down this week.
Its discovery has prompted outrage among Italians who are concerned about similar groups growing in its absence.
Meta, which owns Facebook, said it closed the page “for violating our Adult Sexual Exploitation policies”.
Screenshots taken before the Facebook group was removed appeared to show pictures of women in various states of undress, sometimes asleep or during intimate moments.
Underneath the posts there were numerous sexually explicit comments from men. Some said they wanted to “rape” the woman while others praised the secretive nature of some of the photographs.
The page was highlighted by the author Carolina Capria who posted online saying she felt “nauseous” and “scared” by what she saw.
“This linking of violence to sexuality is so ingrained in our culture that in a public group, men write without hiding their names and faces,” she added.
Fiorella Zabatta from the European Greens party said on social media that it was “not just harmless fun”, but was “virtual rape”.
“These platforms must be fought, this toxic idea of masculinity must be fought, and we all need to take action: civil society and politics too”.
Revenge porn, the sharing of sexually explicit images or videos which were intended to remain private, was made illegal in Italy in 2019.
Italian media reports suggest more than a thousand people have already reported the group to the police unit which investigates cyber crime.
Meta’s statement added “we do not allow content that threatens or promotes sexual violence, sexual assault or sexual exploitation on our platforms”.
The discovery of the Italian facebook page has seen some draw parallels to France’s Pelicot case. Last year, Dominique Pelicot was sentenced to 20 years in prison for drugging, abusing and inviting strangers to rape his then wife Gisèle Pelicot.
Despite being virtual, Capria said it showed that the Pelicot case was not an anomaly as in both instances, it showed “a man who believes he can control his wife, and for whom sexuality is inextricably linked to oppression”.
Shatta Wale (R) has now praised Raymond Archer (L)
Renowned Ghanaian artiste, Charles Nii Armah Mensah, popularly known as Shatta Wale, was released on a GH¢5 million bail on Thursday, August 21, 2025, after several hours of interrogation by the Economic and Organised Crime Office (EOCO).
EOCO had stated that it invited Shatta Wale and interrogated him about his seized 2019 Lamborghini Urus, which had been identified by the United States (US) Justice Department and the Federal Bureau of Investigation (FBI) as the proceeds of a $4 million crime involving a Ghanaian, Nana Kwabena Amuah, who has been jailed in the US.
Following his release, Shatta Wale praised EOCO and its Acting Executive Director, Raymond Archer, for their professionalism, saying, “To all the staff of EOCO, you have been wonderful. At least when I came there, you really took me through the rightful processes that were needed. I just want to say God bless you. Mr Raymond Archer, I want to thank you so much for your understanding.”
$4m FBI Investigation, 2019 Lamborghini: Why Shatta Wale was arrested – EOCO details
But this was not the case just weeks ago, after his Lamborghini Urus was seized.
Shatta Wale took to social media to chastise the EOCO boss and his outfit over the operation which led to the seizure of the car.
He warned EOCO and its Acting Executive Director, Raymond Archer, following what he described as an “unprovoked armed raid” on his residence.
In a TikTok live on August 5, 2025, the artiste expressed outrage over the incident and cautioned EOCO against making any further attempts to contact or invite him concerning an ongoing investigation.
“Raymond Archer, I will leave the car for you people. Don’t come to my house. Don’t let anybody invite me. That’s why I have bought a new Lamborghini,” he fumed.
“After this matter, Raymond Archer, don’t even try to invite me or else it will be worse in this country,” he added.
Shatta Wale accused the EOCO boss of using his position to harass citizens and warned that such actions could have political consequences for the ruling National Democratic Congress (NDC).
Shatta breaks silence after detention
The musician, who admitted that the car at the center of EOCO’s interest was bought for $150,000, insisted he did not know of its alleged links to financial crimes.
He made it clear he wanted no further contact with EOCO.
Shatta Wale further lamented the treatment he has received despite his contributions to the Ghanaian music industry, adding that the ongoing situation could push him into politics.
“My music, the way I have suffered, and how they are treating me in this country, one day I will wake up and become president,” he said.
Watch video below
I will also be a president in this country” — Shatta Wale angrily vows as he distances himself from the ‘stolen’ Lamborghini retrieved by EOCO from his residence, claiming he is merely a third party and has no knowledge of who shipped the car into the country. pic.twitter.com/olyKX2M1Kp
— ThisIsNeneOdompleh (@The1957News) August 5, 2025
BAI/VPO
Meanwhile, watch the trailer to GhanaWeb’s upcoming documentary on teenage girls and how fish is stealing their futures below:
You can also watch today’s Twi news on GhanaWeb TV below:
FIFA has imposed an international and domestic transfer ban on Accra Hearts of Oak for failing to pay former technical director Rene Hiddink an outstanding amount as ordered by the world football governing body.
In a letter dated 21 August 2025 and addressed to the Ghanaian club via the FIFA Legal Portal, FIFA’s Head of Disciplinary, Américo Espallargas, confirmed that the ban will remain in effect until the full amount due is paid.“A ban from registering new players internationally and nationally has been implemented by FIFA on the Respondent.
The registration ban will remain active until the amount due is paid and for a maximum duration of up to three entire and consecutive registration periods,” the statement read.
The letter, referenced FDD-25097, also urged the Ghana Football Association (GFA) to enforce the ban at the national level, preventing Hearts of Oak from registering any new players in domestic competitions.
The sanction stems from the club’s failure to comply with a previous FIFA ruling (Ref. FPSD-17518) ordering Hearts to pay USD $146,400 in compensation to Rene Hiddink.
With the ban now in place, Hearts of Oak faces a significant setback ahead of the 2025/26 season, as they will be unable to strengthen their squad until the debt is cleared.
Below is the letter from FIFA to Hearts of Oak and GFA:
Sam George is the Minister of Communications Digital Technology, and Innovation
The Minister of Communications, Digital Technology and Innovation, Sam George, has directed an immediate suspension of the enforcement exercise being carried out by the Postal and Courier Services Regulatory Commission (PCSRC) and the Ghana Police against unlicensed delivery riders.
The directive, announced in a post on X on Thursday, August 21, 2025, followed widespread public concern after a viral video captured chaotic scenes near the National Theatre in Accra, where angry delivery riders clashed with PCSRC officials over the seizure of their motorcycles.
Here’s how much this Japanese firm is investing in Ghana’s AI-powered agriculture hub
According to the minister, while the exercise is consistent with Ghana’s existing laws regulating the use of motorbikes for courier services, its enforcement must be accompanied by wider stakeholder consultation and proper public sensitisation.
“I have directed this afternoon an immediate halt to the ongoing enforcement action by the Postal and Courier Services Regulatory Commission.
IFS questions fiscal transparency amid signs of economic recovery
“The action, in conjunction with the Ghana Police, is necessary to bring sanity and order to the use of motorbikes for delivery purposes as stipulated by law. However, I believe the Commission needs to do more stakeholder engagements and public education before resuming enforcement. We must enforce the law with a humane face to it.”
He further disclosed that in the coming days; he will engage relevant stakeholders to draw up a roadmap for the implementation of the regulations in a manner that balances enforcement with fairness.
AM/SEA
The minister reaffirmed the government’s resolve to transform the energy landscape
The Minister of Energy and Green Transition, John Abdulai Jinapor, has expressed satisfaction with the ongoing maintenance works at the Atuabo Gas Processing Plant, describing the exercise as crucial for enhancing efficiency and reliability in Ghana’s energy sector.
The plant, a key component of the country’s energy infrastructure, is undergoing a scheduled shutdown to boost performance and expand processing capacity.
Upon completion, its output is expected to increase from 100 million standard cubic feet (mmscf) to 120 mmscf per day.
According to the minister, the upgrade is central to the government’s Gas-to-Power vision, which seeks to maximise the use of natural gas resources to deliver stable, affordable electricity.
He further disclosed that plans are already underway for the construction of a second gas processing plant, underscoring the government’s commitment to long-term energy security.
Reflecting on recent sector improvements, Mr. Jinapor noted that Ghana had overcome severe challenges in late 2024.
“We were shedding about 700 MW in December 2024, just before I assumed office,” he recalled.
“For months now, there has been zero load shedding, and we are even exporting power to other countries.
We have made significant progress.”
The minister reaffirmed the government’s resolve to transform the energy landscape, assuring Ghanaians of a more secure and sustainable future.
Bimbo Akintola
Veteran Nollywood actress, Bimbo Akintola, has spoken candidly about her personal life, revealing that she is childless and currently single at the age of 52.
In an interview with Pulse Nigeria, the award-winning actress was asked if she had children. She replied: “No, I don’t unfortunately.”
On her age, Akintola stated: “I’m 52 years old. Born 1973, May 5th.” When questioned about her single status, she clarified that it was not a deliberate decision. “Not chosen oo,” she said.
Akintola, who has enjoyed a career spanning nearly three decades, made her screen debut in 1995 with the film Owo Blow alongside Femi Adebayo. She followed it up with Out of Bounds in 1997, starring opposite Richard Mofe-Damijo, cementing her reputation as one of Nollywood’s leading actresses.
A Lagos native, she attended Maryland Convent Private School and Command Day Secondary School, Lagos, before proceeding to the University of Ibadan where she earned a degree in Theatre Arts.
More recently, she featured in Kemi Adetiba’s series To Kill a Monkey, taking on the role of Inspector Mo Ogunlesi.
Daniel Asomani
Visionary Organisation Development and Entrepreneurial Club (VODEC) Africa has launched the National Emerging Leaders Economic Forum (NELEP) 2025, scheduled for September 22, 2025, at the University of Professional Studies, Accra (UPSA).
The forum, themed “Is There Enough Youth Employment? The Gateway to Sustainable Economic Development,” is expected to attract 5,000 young people from across the country. It aims to empower future leaders to drive sustainable economic growth.
Chief Executive Officer of VODEC Africa, Daniel Asomani, said this year’s forum would move “beyond inspiration and toward concrete action,” focusing on practical solutions to empower young people as innovators, job creators, and leaders.
He explained that the event would feature an impressive lineup of both local and international speakers from business, technology, policy, and social innovation sectors.
Discussions will cover areas such as entrepreneurship, governance, climate change, technology, and digital transformation, with a strong emphasis on implementation and collaboration.
“Our goal for NELEP 2025 is not just to fill a room with bright ideas but to ensure every participant leaves with actionable steps, clear conditions, and the confidence to turn their vision into reality,” Mr. Asomani stated.
Highlighting VODEC Africa’s track record, he noted that the organisation has mobilized hundreds of volunteers, supported thousands of entrepreneurs nationwide, and launched projects across rural and urban areas.
These initiatives include agricultural innovations in northern communities, startups and social enterprises in major cities, and interventions addressing waste management, sustainability, and youth leadership development.
“The upcoming forum is expected to provide a platform where youth voices can directly shape national development strategies. The youth of Ghana are not just ready for the future; they are ready to shape it,” he affirmed.
On his part, Reverend Lawrence Tetteh, Board Chair of VODEC, expressed concern over the rising challenge of graduate unemployment in Ghana, stressing that many young people complete their education only to face joblessness.
He underscored the urgent need to make agriculture attractive and lucrative, emphasizing that the sector has the potential to absorb a large number of young people while strengthening national food security. He also urged the youth to embrace technical and vocational education, noting that practical skills would not only secure sustainable employment but also enable them to contribute meaningfully to the socio-economic development of their communities.
BY Prince Fiifi Yorke
