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AGI, GUTA warn tariff hike could undermine 24-Hour economy rollout

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The Association of Ghana Industries (AGI) has raised alarm over the recent 2.45% increase in electricity tariffs, warning that the adjustment could derail the successful implementation of the government’s 24-hour economy policy.

The Public Utilities Regulatory Commission (PURC) announced the increment earlier this week, citing exchange rate fluctuations, inflationary pressures, rising fuel prices, and higher operational costs as key factors behind the decision.

However, speaking to Citi News, Greater Accra Regional Chairman of AGI, Tsonam Akpeloo, said the timing and magnitude of the hike are concerning, especially for businesses expected to run extended hours under the new policy.

“If you’re talking about a 24-hour economy, you’re asking industry to work beyond the usual eight hours and continue through the night. That means higher electricity consumption. The cost of power will increase—possibly doubling what we’ve previously paid,” he noted.

“A 2.5% increase under normal production is one thing, but with extended hours, the actual cost impact will be far greater,” Akpeloo added.

The Ghana Union of Traders Association (GUTA) echoed similar sentiments, cautioning that the tariff hike would inevitably translate into higher consumer prices.

GUTA President Dr. Joseph Obeng warned that businesses have little choice but to pass on the additional costs.

“This time, we won’t just keep talking. For instance, plastic manufacturers have had their taxes raised to 7% and they’ve already announced price increases. That’s what we’re going to see more of,” he said.

“This is a cost issue—if operational costs go up, product prices will also go up. It’s that simple.”

Both AGI and GUTA are calling on the government to re-evaluate the economic impact of rising utility costs, particularly as it prepares to roll out policies aimed at boosting productivity and lowering the cost of living.

The 24-Hour Economy policy, a flagship initiative of the National Democratic Congress (NDC), is set to be launched today, Wednesday, July 2.

It seeks to promote round-the-clock operations in sectors such as manufacturing, health, transportation, and retail, with the aim of reducing unemployment and stimulating national growth.

President Mahama Shócks Ghanaians As He Discredits Parliament From Holding The Peace Of The Nation

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President John Dramani Mahama has attributed Ghana’s continued stability and peace not to political strategies, but to the spiritual devotion and prayers of its citizens. Addressing thousands at the National Day of Prayer held at Independence Square, Mahama emphasized the critical role of faith in preserving the nation’s unity amid global and regional unrest.

Delivering a heartfelt speech, the former president stated, “If Ghana still stands strong despite economic challenges and political tensions, it is not because of the brilliance of our political system — it is the strength of prayer that holds us up.”

He commended the contributions of religious leaders across all faiths, highlighting their often unseen efforts in praying for the country’s well-being. “While politicians debate, our spiritual leaders kneel. While we speak, they pray. That is what sustains Ghana,” he said to resounding applause from the interfaith gathering.

Mahama also touched on the divisive nature of contemporary politics, warning that leadership without humility and governance devoid of spirituality can endanger a nation’s future. Though he refrained from naming individuals or parties, his message served as a cautionary note on the growing polarization in the country’s political discourse.

The event, which drew faith leaders, government officials, students, and members of civil society, was marked by a unifying spirit and spontaneous expressions of faith. The former president urged political leaders, particularly the younger generation, to embrace a life of humility, service, and prayer. “Pray more. Speak less. Serve always,” he said, a phrase that was echoed throughout the evening.

In light of rising political instability and conflict in parts of West Africa, Mahama reminded Ghanaians not to take their democracy and peace for granted. “Peace is not inherited. It must be nurtured, protected, and renewed — through dialogue, unity, and prayer,” he asserted.

As a way forward, he proposed the institution of a national week of fasting and prayer each year — not as a reaction to crisis, but as a gesture of national gratitude and spiritual commitment.

As the sun set over Independence Square and the sounds of prayer filled the air, the gathering reinforced a powerful message: Ghana’s resilience lies not just in its institutions, but in the enduring faith of its people.

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GRA to implement GHC1 Fuel levy July 16

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The government has announced that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will officially commence on Wednesday, July 16, 2025.

This follows a prior postponement by the Ghana Revenue Authority (GRA) aimed at monitoring global market conditions and preserving recent gains in domestic fuel prices.

The decision was made in consultation with the Ministry of Finance and the Ministry of Energy, following a comprehensive review of current market indicators.

Authorities said that the timing aligns with the government’s broader efforts to maintain economic stability while addressing the financial needs of the energy sector.

The amended law, first detailed in Tax Information Circular (TIO) No. 2025/004, introduces revised rates for the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) across several petroleum products.

These changes are expected to help close funding gaps and support the repayment of legacy debts in the energy sector.

Revised ESSDRL Rates under Act 1141:

HS Code Product Description Common Name Old Rate (GHS/Litre) New Rate (GHS/Litre)
2710124000 Motor spirit, super Petrol (PMI) 0.95 1.95
2710192100 Gas oil Diesel (AGO) 0.93 1.93
2710192100 Gas oil Marine Gas Oil (Local) 0.03 0.23
2710192100 Gas oil Marine Gas Oil (Foreign) 0.93 1.93
2710192400 Heavy fuel oil Residual Fuel Oil (RFO) 0.04 Unchanged

The Ghana Revenue Authority (GRA) in its statement,  encouraged stakeholders in the petroleum downstream sector to take note of the new rates and make the necessary adjustments to their pricing structures ahead of the effective date.

The Energy Sector Levies were originally introduced to address persistent financial shortfalls in the energy sector. This latest amendment is expected to generate additional revenue to help settle outstanding debts and support critical energy infrastructure.

Officials say they will continue to monitor the impact of the revised levies and maintain engagement with industry players to ensure smooth implementation.

Postponed energy Levy must trigger comprehensive revenue review – Oppong Nkrumah urges gov’t

Circuit court holds 15 Chinese and Ghanaian in custody over illegal mining

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Circuit court holds 15 Chinese and Ghanaian in custody over illegal mining – Ghana Business News




















‘I feel threatened’ – Cina Soul cries out over ‘death threats’ from Big Akwes

Ghanaian singer-songwriter Cina Soul Ghanaian singer-songwriter Cina Soul

Ghanaian singer-songwriter Cina Soul (Christie Quincyna Quarcoopome) has expressed her fears following a chilling remark made by Kumawood actor Big Akwes.

In a video shared on her X handle, Big Akwes was seen during an interview on Bryt TV playing a Kiss‑Marry‑Kill game.

When asked to choose between colleague actress Vivian Jill and Cina Soul, he stated that he would marry Vivian Jill.

In a disturbing turn, Akwes graphically stated that he would “kill Cina Soul,” describing how he would spiritually summon her via a magic mirror, stab her repeatedly with a knife, and drink her blood.

Shaken and “deeply unsettled,” Cina Soul took to social media, tagging the Ghana Police Service and the Ministry of Communications—to express her fear and urge swift action, stating that she now feels genuinely threatened.

“I’m deeply unsettled by this. I initially chose not to respond to earlier comments because I do not wish to be associated with this individual, but at this point, I feel genuinely threatened.

I may not know the proper channels to report this, but it’s critical we take a firm stance against this kind of dangerous rhetoric being broadcast on our TV and radio platforms. We must not normalize hate,” she posted.

Her cry for help has been met with an outpouring of support, while both Big Akwes and Bryt TV have been widely condemned for airing the clip.

A History of Verbal Attacks

Big Akwes first came under fire in April 2025 after he criticized Cina Soul for the outfits she wore in a dance promo for her album Did I Lie?

He labelled her appearance “attention-seeking” and body-shamed her, prompting widespread backlash.

In response, Max TV issued a public apology to Cina Soul, acknowledging that the remarks were inappropriate.

Meanwhile, Akwes doubled down, refusing to apologise and urging viewers to “re‑analyse” the clip.

ID/KA

GhanaWeb Special: The gold market that fuels galamsey

GH¢60k was too much, so I said they should kill him – Sister regrets after ‘kidnappers’ murder brother

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Maabena (M), a sister to the late Asuom-based driver Francis Owusu Maabena (M), a sister to the late Asuom-based driver Francis Owusu

Maabena, a sister to the late Asuom-based driver Francis Owusu, popularly known as Yaw Owusu, has expressed regret over a comment she made during a ransom call, which she believes may have led to her brother’s death.

Francis Owusu was allegedly murdered by kidnappers in the Kwaebibirem Municipal District of the Eastern Region after his family was unable to meet a ransom demand.

Speaking in an interview on Asuom News, which was shared on social media, Maabena recounted the chilling events that unfolded.

“My name is Maabena. Yaw Owusu is my junior brother. On Saturday morning, a woman called me, asking if I was the mother of Francis Owusu. I told her that I was the one, “she said.

“She then told me that she lived with Yaw Owusu, and he had told her he was going to work, but he hadn’t returned home and couldn’t be reached.”

Maabena said she immediately informed other family members, and they all began trying to contact Yaw Owusu.

“We kept calling his phone. After several attempts, someone finally picked up. I told the person we were looking for our brother, and he responded that my brother had been brought to them to be killed. They were demanding GH¢60,000 within two hours or they would murder him,” she recounted.

She continued, “I thought it was one of those scam calls, so I said, even if we sell our family house, we can’t raise that kind of money, so you can kill him. He then said, if that is what I have said, they have heard then he ended the call.”

Maabena revealed that the next day, her sister asked for a photo of Yaw Owusu.

“I sent the picture to her, and she started crying. When I asked what was wrong, she said they had found Yaw Owusu’s lifeless body.”

The family is now pleading with the authorities to investigate the matter.

“We are asking the government to investigate this matter for us.”

@asuomnews.com Sad: Sister of Late Francis Owusu(Yaw Owusu) Tearfully Reveals: “The Alleged Kidnappers Demanded GHS 60,000 From Us”. #fypageシ #fypシ゚viralシfypシ゚ ♬ original sound – Asuom News.com

AM/KA

GhanaWeb Special: The gold market that fuels galamsey

Ova Wise Denies Paternity Rumors Linking Him to Hajia Bintu’s Newborn

Ghanaian musician and music executive Jesse Kumordzie, popularly known as Ova Wise, has firmly denied rumors linking him to social media influencer Hajia Bintu as the father of her alleged newborn son.

The speculation, which gained traction on platforms like Gossip24.com and Snapchat, was fueled by a post from blogger @wickedbloggergh on June 19, 2025, claiming that Bintu, whose real name is Naomi Asiamah, gave birth three weeks ago and was struggling to identify the child’s father. Ova Wise responded with a cryptic Instagram post on June 30, 2025, stating, “Never spoken to, never moved to, never had each other’s contact, that is a place I have never been to,” effectively dismissing any connection.

The rumors also implicated Nigerian music mogul Don Jazzy and others, all of whom have distanced themselves from the paternity claims. Bintu, a 27-year-old Koforidua Technical University alumna known for her curvy figure and viral TikTok videos, has remained silent, neither confirming nor denying the reports.

Meanwhile, a separate controversy involving media personality Deloris Frimpong-Manso, known as Delay, surfaced when rapper Amerado expressed disappointment over the removal of his interviews from her YouTube channel. During a June 2025 interview, Amerado, who thanked Delay for her support at the 2023 Ghana Music Awards, questioned the shift in their relationship, noting the last public acknowledgment was a 2022 birthday message. This sparked speculation about tensions, though no clear link to the Bintu saga was established.

The paternity drama has reignited debates about social media’s role in amplifying personal controversies. Bintu, with over a million followers across Instagram and TikTok, has faced similar rumors before, including a 2021 claim by @Abathegreat that she was pregnant by her manager, which she refuted with new photos.

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Meet the Father of Mahama Ayariga and What He is Known For

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Meet the Father of Mahama Ayariga and What He is Known For

News Hub Creator21h

Frank Asumah Abdulai Ayariga, the father of Mahama Ayariga, was a respected Ghanaian politician and a key figure in the political history of the Upper East Region. He served as the Member of Parliament for Bawku during Ghana’s Third Republic from 1979 to 1981. A member of the People’s National Party (PNP), Frank Ayariga played a significant role in the government of President Hilla Limann until the military coup led by Jerry John Rawlings in December 1981 abruptly ended his parliamentary career.

Born in Tinsungo, Bawku, Frank Ayariga was a member of the Kusasi Royal Family and was widely respected for his leadership and community engagement. He married Anatu Ayariga and had eleven children, two of whom—Mahama Ayariga and Hassan Ayariga—have become notable political figures in Ghana.

Following the 1981 coup, Frank Ayariga went into exile in Nigeria. He spent six years there and returned to Ghana in 1987 after being cleared of corruption allegations. His resilience and quiet strength left a lasting legacy in Bawku and beyond.

According to a report by Adom Online, Frank Ayariga passed away in February 2021—a loss deeply felt by his family and the political fraternity in Ghana. His contributions to Ghana’s political evolution, particularly in the north, continue to inspire future generations, especially through the public service of his children.

Two-Piece Outfit Ideas for Every Lady

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Two-piece outfits have taken over the fashion scene, offering women stylish options that are both versatile and easy to wear. Whether you’re heading to brunch, the office, a party, or just enjoying a casual day out, there’s a two-piece set for every occasion. The beauty of two-piece outfits is that they can be worn together or mixed with other wardrobe pieces, giving you endless styling possibilities.

Casual Sets: For a laid-back and trendy look, try a crop top with matching shorts, joggers, or wide-leg pants. These sets are perfect for weekend outings, running errands, or hanging out with friends. Pair them with sneakers, sliders, or flat sandals and simple accessories to complete the relaxed vibe.

Formal and Work Styles: Blazer and trouser sets are ideal for office wear or formal events. Go for tailored cuts in solid colors like black, beige, or navy, or try softer tones like mint or dusty pink for a more modern touch. Pair with heels and a structured bag for a polished, professional look.

Evening and Party Looks: Glamorous two-piece sets with sequins, lace, or satin fabric are perfect for evening occasions. A crop top and high-slit skirt combo or a bralette with palazzo pants can make a bold fashion statement. Accessorize with statement jewelry and elegant heels to elevate the outfit.

Ankara or African-Inspired Sets: Two-piece Ankara outfits are vibrant and culturally rich. You can go for a peplum top and skirt, or a crop top and high-waist pants. These styles are great for weddings, festivals, or cultural events.

From comfort to elegance, two-piece outfits allow you to stay fashionable with minimal effort. Mix, match, and step out in style.

24-Hour Economy policy to be launched today

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Ghana’s long-anticipated 24-Hour Economy policy will be officially launched today, Wednesday, July 2, in a bold effort to drive economic transformation, enhance productivity, and tackle unemployment through round-the-clock operations in key sectors.

The initiative—flagship among the National Democratic Congress (NDC)’s manifesto promises—is designed to encourage continuous, shift-based work in industries such as manufacturing, agro-processing, healthcare, transportation, and retail.

Described by the government as a “game changer,” the policy is expected to create thousands of new jobs, increase national output, and unlock value across supply chains. Companies that enroll in the programme will benefit from tax incentives, access to stable electricity, and enhanced nighttime security.

Goosie Tanoh, Presidential Advisor on the 24-Hour Economy, outlined the framework of the policy at the launch event, noting that it is built on three core pillars: transforming production, improving supply chains and market systems, and strengthening human capital.

“These foundational anchors are supported by eight strategic sub-programmes,” he said.

Among the sub-programmes are:

  • Grow24 – focused on agricultural modernisation

  • Make24 – supporting industrial and manufacturing growth

  • Connect24 – improving logistics and supply chain systems

  • Aspire24 – promoting a national culture of productivity

A significant component of the policy is the integration of digital skills into the Technical and Vocational Education and Training (TVET) system to prepare youth for emerging job opportunities. The “Show Ghana” initiative was also announced to leverage the country’s cultural heritage for tourism and foreign revenue generation.

Speaker of Parliament Alban Bagbin, who responded to the presentation, expressed support for the programme but urged the government to seek legislative backing to ensure its sustainability.

He called on the 24-Hour Economy Secretariat to work with Parliament to draft and pass a bill that would institutionalise the policy and protect it from being discontinued under future administrations.

The July 2 launch signals what the government describes as the beginning of a “new economic era” aimed at transforming Ghana’s labour dynamics and unlocking long-term inclusive growth.

24-Hour Economy policy will curb discretion in exemptions – Secretariat

NPP That Made Noise Over Wontumi Is Silent on Hanan’s Arrest Because He’s from the North — K. Taylor

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Media personality Kevin Taylor has criticized the New Patriotic Party (NPP) for what he describes as a “tribalistic” response to recent events.

In a bold Facebook post, Taylor noted that the “noise” made by the NPP when Ashanti Regional Chairman Bernard Antwi Boasiako, known as Chairman Wontumi, was arrested contrasts sharply with their silence regarding the arrest of Alhaji Wahab.

These comments follow a recent operation by the Economic and Organised Crime Office (EOCO) on June 25, which led to the detention of Alhaji Wahab and his wife for alleged tax evasion, money laundering, and causing financial loss to the state.

“Accountability is non-negotiable, and I have absolutely no sympathy for any NPP past appointees under investigation or facing prosecution under this new NDC administration. If you have done wrong, you must face the consequences, simple as that,” Taylor stated.

He pointed out that when Chairman Wontumi was arrested for various criminal offenses, including fraud and money laundering, the NPP organized press conferences and protests, demonstrating what he called “swift” outrage.

“That said, I find it rather interesting if not outright hypocritical particularly of how the NPP was up in arms and making all sorts of noise when Chairman Wontumi was arrested but are now dead silent over the arrest of yet another party person. The outrage was swift, loud, and coordinated,” he remarked.

“Yet now, with the arrest of Hanan Abdul-Wahab, the former CEO of the National Buffer Stock Company, the silence from the same quarters is deafening,” he added.

Taylor alleged that Hanan’s situation has been overlooked due to his northern background and accused the NPP of being tribalistic.

“Is it because Hanan is from the North and does not merit any of such blind solidarity as expressed in the case of Wontumi? Where are the protests and the press conferences? You see, moments like these is what reveal the undercurrents in our political culture especially within the NPP,” he remarked.

“When we speak about how tribal the NPP is, it’s not just for the fun of it. Without malice, I sincerely hope that northerners within the NPP are paying close attention and drawing the necessary lessons. If you go down, you go down alone. Start thinking about yourselves!” he added.

UBA Ghana staff embrace wellness and fun at ‘Jogging to Bond’ event

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Over the weekend, UBA Ghana swapped suits for sneakers as staff came together for the second quarter edition of its Jogging to Bond event, and it was nothing short of energetic.

Held under the inspiring theme Push the Limits,” the event blended fitness, fun, and friendly competition into an unforgettable experience.

The morning kicked off with a spirited health walk from Aviation to the Airport, setting the tone for the day. What followed was a mix of high-energy aerobics, laughter-filled games, and plenty of moments that reminded everyone why wellness and team bonding go hand in hand.

True to UBA’s values, the event wasn’t just a workout; it was a showcase of teamwork. Four teams, representing the bank’s core values, Team Excellence, Enterprise, Execution, and Empowerment, went head-to-head in a series of challenges that had everyone on their feet.

From push-ups to maze games, each activity was a chance to connect and cheer each other on.

Managing Director of UBA Ghana, Uzoechina Molokwu, in his address, thanked everyone for showing up and reaffirmed the bank’s commitment to promoting a healthy, supportive work culture.

And it wasn’t just Accra in action; UBA branches across the country joined in simultaneously, proving once again that connection doesn’t need to be confined to one location. Whether in Tamale or Takoradi, the UBA family showed up and bonded.

For UBA Ghana, Jogging to Bond is more than just a quarterly activity; it’s a lifestyle. It’s a reminder that work can be fulfilling and fun, that wellness matters, and that sometimes, pushing your limits is exactly what you need to discover your strength.

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.

Akwaboah lashes out at critics, explains controversial wedding anniversary photo

Music star Akwaboah and wife Music star Akwaboah and wife

Music star Akwaboah has clarified the context behind a controversial photo that sparked speculation about his health and marital happiness.

Speaking to Nana Romeo on Okay FM, the Ensesa hitmaker explained that he was simply exhausted at the time the picture was taken, following a hectic performance schedule that left him with little rest.

He recounted a trip to Kwahu in the Eastern Region for a performance:

“I left Accra around 8:30 AM and arrived in Kwahu at about 12:30 PM. I performed for an hour from 3:00 PM and set off back to Accra at 5 PM. We got back around 7 PM. I hadn’t slept the entire night – it was back-to-back shows. I rested for just an hour and woke up to go to church. You know I don’t joke with church attendance.”

He continued, “My wife asked that we take a picture. I told her I was tired, but you know women love these things, so we went ahead and took it.”

Akwaboah posted the picture on their wedding anniversary, fully aware it might spark reactions online.

“I anticipated Ghanaians would have all sorts of things to say, so I made sure madam was okay with it before posting – I wasn’t even thinking about myself. Then I saw someone had zoomed into my tired face and people were saying foolish things like, ‘Why, is he not happy? Is madam sucking his blood?’ and so on.”

Though visibly displeased by the criticism, Akwaboah shared that what kept him grounded during that period was the knowledge of his economic privilege — playing a well-paid show while others sat behind screens to mock him.

He revealed he had already prepared his wife, even before their marriage, for the inevitable criticism that comes with being in the public eye.

“She teased me about it, and we laughed together and went out to eat. Now she knows how it works.”

Reflecting on the persistent attacks he has faced since getting married, the singer remarked:

“People throw stones at things that shine.”

He questioned whether this kind of negativity was unique to Ghana, calling it a “crab mentality.”

Addressing cyberbullying more broadly, he said:

“What hurts the most is when someone insults you, and then you go and check out their [social media] profile, their followers, and their picture — you can even tell the kind of phone they used to take the photo. Yet, they have the effrontery to insult you.”

“The truth hurts, but as I always say: humans will always be humans. So sometimes, you let them do what they have to do, and you also focus on what you have to do.”

He added, “Remember that stars need darkness to shine. It hurts, though — you work so hard, you’re in a joyful moment, you share a post, and someone finds a way to criticise it. It’s painful. But if you’re mentally strong like I am, there’s nothing anyone can say that will shake you.”

“When I wake up in the morning, I don’t ask my critics for food. I’m self-reliant and I take care of my entire family. So yes, you have the right to say whatever you want — but as long as your words don’t take food off my table, you don’t matter.”

While Akwaboah expressed displeasure about the trolling in general, he admitted that the comments about his appearance in that particular picture were especially upsetting.

“It reminded me of the proverb: ‘The one who wears the ornate hat is resented.”

‘I love women if you don’t understand, go to hell’

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Former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah Former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah

An old video of embattled former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah, has resurfaced on social media amidst his ongoing legal troubles.

In the widely circulated footage, Jumah is seen speaking at a GIHOC event, boldly declaring,” I, Maxwell Kofi Jumah, love women. If you don’t understand, go to hell. I am not a hypocrite, and I am telling you that you will never hear that I, Maxwell Kofi Jumah, have taken a bribe anywhere.”

The video has sparked fresh public interest as Jumah faces legal proceedings over allegations of theft involving state-owned vehicles.

On Monday, July 1, 2025, the Director-General of the Criminal Investigations Department (CID) of the Ghana Police Service, Deputy Commissioner of Police (DCOP) Lydia Yaako Donkor, confirmed his arrest at a press briefing in Accra.

According to DCOP Donkor, the arrest followed a formal complaint by GIHOC Distilleries Company Limited, accusing Jumah of unlawfully taking possession of company vehicles after his departure from the role.

“A warrant was secured, and Mr. Jumah is currently in custody at the CID headquarters in Accra,” she stated.

“As of this afternoon, we have retrieved three vehicles connected to the case. Mr. Jumah is assisting us with ongoing investigations, and appropriate legal steps will be taken.”

The police have not disclosed the total number of vehicles involved or their estimated value. The case remains under active investigation.

Jumah, who served as Mayor of Kumasi from 2001 to 2004 and as Member of Parliament for Asokwa from 2005 to 2012, was appointed Managing Director of GIHOC Distilleries in 2017. His tenure ended in 2025.

He has since been granted bail.

AM/KA

GhanaWeb Special: The gold market that fuels galamsey

Blended finance to power US$4bn 24-hour economy plan

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Dr Ishmael Nii Amanor Dodoo, head of innovation Dr Ishmael Nii Amanor Dodoo, head of innovation

Government plans to mobilise US$4billion for its 24-hour economy initiative by leveraging blended finance, pension funds and diaspora capital.

With a seed capital of US$300million, government expects to initiate its programme under the FUND24 framework. The remaining 90 percent is expected to come from private sources through a mix of equity, concessional lending and innovative instruments such as diaspora bonds.

The flagship programme aims to promote inclusive growth and job creation by extending economic activity beyond conventional working hours.

Dr Ishmael Nii Amanor Dodoo, head of innovation, partnerships and markets at the 24-Hour Economy Secretariat, following a media engagement, told Business & Financial Times that the plan is anchored on two financing tracks: enterprise financing for SMEs and infrastructure financing through special purpose vehicles (SPVs).

Development Bank Ghana (DBG) will lead the enterprise finance track, managing a revolving fund worth between US$1billion and US$1.5billion. This facility will be extended to small and medium enterprises with concessional terms – interest rates below 10 percent and loan tenors of three to five years.

A grant component of 20 to 30 percent will be used to de-risk investments and support SME capacity-building to make projects bankable.

“This is patient capital,” said Dr. Dodoo. “We are not just lending; we’re building pipelines, strengthening governance and aligning SMEs along viable value chains.”

SMEs will also benefit from technical assistance and financial advisory services, with additional safeguards including insurance products and cooperative-based credit guarantees to further reduce the risk of default.

On the infrastructure side, Ghana Infrastructure Investment Fund (GIIF) is establishing three major SPVs to develop agroecological industrial parks in Agbledu and Wumbei, as well as inland water transport systems. These SPVs will serve as vehicles to attract private capital from sources such as Africa50, Afreximbank, African Development Bank and the World Bank.

According to Dr Dodoo: “SPVs provide a structure that allows private sector actors to invest directly into infrastructure assets. These are not just projects, we are building ecosystems around cold chains, irrigation, energy and logistics”.

The plan also includes establishing a Value Chain Financing Facility (VCFF) to disburse US$1billion in SME loans through banks, non-bank financial institutions and cooperatives. This facility is intended to address what government officials have described as a “systemic barrier” in Ghana’s financial architecture – the lack of long-term, affordable credit for enterprises.

To further diversify funding sources, government is engaging domestic and international pension funds, impact investors and development finance institutions. Ghana’s pension industry, currently managing around US$25billion in alternative investment allocations, will play a pivotal role in co-financing SPVs and enterprise development vehicles.

Dr Dodoo noted that both public and private pension funds have signed up to the scheme. “There is appetite among asset owners for investments that are impact-aligned but commercially viable. We are creating those channels.”

Other funding instruments under consideration include climate finance, pooled trust funds, equity funds and diaspora-targetted products such as diaspora bonds.

He said the Secretariat is exploring how to channel remittances into productive investments through peer-to-peer platforms.

While the initiative has attracted early interest from institutions such as the Islamic Development Bank, UNDP, IFAD and Mastercard Foundation, Dr. Dodoo emphasised that execution depends on building credible pipelines for projects and ensuring disciplined use of proceeds.

“There is a lot of private capital looking for real economy assets in Africa. Our job is to organise the investment-ready enterprises and infrastructure around Ghana’s strategic value chains,” he said.

The 24-hour economy policy forms part of government’s broader effort to industrialise agriculture, strengthen supply chains and support sectors such as textiles, creative arts, machinery fabrication and logistics.

The initiative includes a mentorship scheme that links experienced agribusiness operators with younger entrepreneurs to scale production and standardise quality.

Antoine Semenyo vows to work hard for Bournemouth in upcoming season

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Ghana forward Antoine Semenyo Ghana forward Antoine Semenyo

Ghana forward Antoine Semenyo has expressed his excitement about committing long-term to Bournemouth and has vowed to work hard in the upcoming season.

The 25-year-old has officially extended his contract with the English Premier League side, committing to the club until 2030.

“I have grown so much at the club, both on and off the pitch, and I’m really happy to have signed ahead of returning for pre-season,” Semenyo said. “From the fans to the staff and my teammates, I can’t speak highly enough of the people around the club. It’s a great place to be, and I’m excited to get back to Bournemouth and continue the hard work with the new season just around the corner.”

Semenyo had an impressive debut season in the Premier League, scoring 13 goals and providing seven assists in 42 games across all competitions. He looks forward to building on that success and helping Bournemouth reach even greater heights in the upcoming season.

The contract extension marks a new chapter for Semenyo, who was previously linked with moves to top clubs like Manchester United and Tottenham Hotspur before deciding to remain at Bournemouth.

With his commitment and talent, Semenyo is poised to play a key role in the Cherries’ future success.

I don’t want Mahama to succeed – Boakye Antwi

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Former Member of Parliament for Subin, Eugene Boakye Antwi, has openly declared that he does not wish for President John Dramani Mahama to succeed in office, stating his desire for the New Patriotic Party (NPP) to reclaim power in the 2028 general elections.

In an interview on Channel One TV’s Face to Face with Umaru Sanda Amadu on Tuesday, July 1, Boakye Antwi made it clear that while he does not wish failure upon Ghana as a country, he remains unconvinced that the National Democratic Congress (NDC) has the competence to deliver on its promises.

“I want him [Mahama] to fail, I want my party to win the 2028 elections. I don’t want him to fail, as in fail. But I know that NDC cannot do much in terms of what they promised,” he stated.

Drawing from his time in government, the former MP pointed to internal political challenges as a major obstacle to performance and suggested that the NDC would face similar problems.

“I have been in government, and sometimes, as a President, your appointees will make sure that you fail. The kind of things I saw when we were in government are the same Ghanaians in the NDC, so it will be transferred across there,” he explained.

Boakye Antwi reiterated that his lack of confidence in the NDC’s economic management capabilities fuels his wish for their underperformance.

“I don’t want Mahama to succeed as in succeeding, because I want my party [NPP] to win… In terms of the actual management of the economy, I don’t think the NDC has what it takes,” he added.

Majority of Ghanaians believe Ghana is headed in the right direction – Global InfoAnalytics

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33 excavators I handed to Police have gone missing

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Administrator of the Minerals Development Fund , Dr Hannah Bissiw-Kotei Administrator of the Minerals Development Fund , Dr Hannah Bissiw-Kotei

Dr Hannah Louisa Bissiw-Kotei, Administrator of the Minerals Development Fund (MDF), has expressed grave concern following the disappearance of 33 excavators that were in police custody after an anti-galamsey operation.

According to her, 40 excavators were handed over to the police for safekeeping because there were no lowbed vehicles available to transport the equipment from the galamsey sites.

However, speaking in an interview on Adom FM, Dr Bissiw-Kotei — who also serves as the National Women’s Organiser of the governing National Democratic Congress (NDC) — disclosed that only seven excavators remained when her team returned the following morning.

“We handed over 40 excavators to the police, but when we returned the next morning, only seven were left. I spoke with the Police Commander about the incident because I was unhappy with it. Right now, the seven we managed to recover are being held,” she said.

She added that the experience informed a change in strategy during her next operation at Atetem.

“So, during my next operation at Atetem, I went with engineers, as well as uniformed and plainclothes police and military officers. I also wore body armor because the last time we were ambushed and even came under fire. The engineers I brought along ensured that the excavators, which had trackers installed to prevent us from moving them, were successfully removed from the galamsey site.”

Since assuming her role, Dr Bissiw-Kotei has taken a firm stance in defense of mining communities.

The Minerals Development Fund has grown increasingly concerned about illegal mining activities, prompting threats from those benefiting from the galamsey operations.

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National Day of Prayer is a needless exercise when the same people are corrupt and evil doers – Imam

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The Islamic cleric argued that the exercise is unimportant, especially when citizens lack patriotism The Islamic cleric argued that the exercise is unimportant, especially when citizens lack patriotism

Sheikh Hassan Hassan, Chief Imam of the Madina Central Mosque, has described the National Day of Prayer and Thanksgiving as a needless exercise.

The Islamic cleric argued that the initiative is insignificant, especially when citizens lack patriotism and discipline.

He stated that Ghana has a large religious population, Christians forming the majority, followed by Muslims and other religious sects.

Despite this, he noted, corruption, indiscipline, immorality, criminality, and deception remain rampant in the country.

Speaking on Nyankonton Mu Nsem on Rainbow Radio 87.5FM, he stressed, “We have Christians who go to church every Sunday and sometimes even during the week, while Muslims pray five times a day—yet evil continues to thrive in the country.”

Sheikh Hassan called on citizens to “turn over a new leaf and be patriotic,” emphasising that without these qualities, “our prayers are a waste of time and resources.”

“Thanksgiving and prayer are things we already do regularly. This is nothing special. The African understanding of religion is problematic—we have a misconception about God,” he said.

“God has granted us the wisdom to act and succeed. It is not always about prayer. God has given us the land to till, sow, harvest, and eat. If we don’t work hard, we will starve.”

He further questioned the essence of the event: “While they were praying, they cited China, Japan, the US, the UK, and other countries that are more developed than we are—yet these countries do not set aside any special day for prayer and thanksgiving.

“So why the obsession with this exercise? We are joking.”

He concluded, “Christians and Muslims make up the majority of the population, yet the theft, corruption, and evil in society are mostly perpetrated by them. Look at the time people report to work—and we expect God to come from heaven and transform the country?

“That is ridiculous. The countries mentioned during the prayers achieved development through hard work and discipline, not laziness.”

MIIF intensifies royalties collections, begins nationwide tour of quarry, salt mines

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The ongoing monitoring tour began with visits to quarry and salt mining sites in the Greater Accra The ongoing monitoring tour began with visits to quarry and salt mining sites in the Greater Accra

In its quest to increase royalty receipts from mining companies operating across the country, the Minerals Income Investment Fund (MIIF or the Fund) has intensified its monitoring efforts to ensure players in the industry honour their obligations to the state.

The exercise, being carried out by the Business Development team of the Fund, is also meant to identify new entrants into the industry as part of efforts to update the list of companies eligible to pay royalties.

It is also designed to assess compliance with statutory royalty payments and to gain firsthand insights into the challenges confronting operators in the sector.

Under Ghana’s current legal framework, mining companies are required to pay five per cent of their total revenues as royalties to the state, with these payments forming a critical component of the country’s mineral revenue stream.

The ongoing monitoring tour began with visits to quarry and salt mining sites in the Greater Accra and Eastern Regions of Ghana.

The team covered all quarry sites in Nsawam, Suhum, and Shai Hills. The team also visited salt mines in the Ada enclave, including Electrochem Salt and Dangbe Salt, among others.

During the tour, two emerging salt mines were identified, one of which is scheduled to commence production and sales in the next season.

The tour offered the team the opportunity to extensively review records pertaining to royalty payments. The team stressed the importance of full compliance to ensure the state derives its due share from mineral resources.

Some of the operators expressed concerns about increasing encroachment by nearby communities who were undertaking residential developments just meters from concession boundaries.

In his remarks, Head of Business Development, Dr Kennedy Abrokwa, said the industrial mineral sub-sector, encompassing quarries, salt, and related minerals, holds significant untapped potential for Ghana’s economy.

While we have made strides in monitoring and compliance, we observed that there is more room for improvement, and we will step up to achieve our objectives in the best interest of the state.

Dr Abrokwa noted that MIIF’s efforts, including the nationwide tour, underscores the Fund’s commitment to closing the royalty’s payment gap.

“By strengthening compliance, identifying new entrants, and addressing systemic challenges, we aim to unlock greater value for the nation.

The road ahead requires collaboration with stakeholders to ensure that Ghana derives its rightful share from these vital resources, fostering sustainable growth for the benefit of all citizens” he added.

Yussif Owusu Moro signs pro deal with Brighton & Hove Albion

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18-year-old defender Yussif Owusu Moro has signed contract with Brighton & Hove Albion. 18-year-old defender Yussif Owusu Moro has signed contract with Brighton & Hove Albion.

18-year-old defender Yussif Owusu Moro has signed his first professional contract with English Premier League side Brighton & Hove Albion.

Born in England to Ghanaian parents, Moro is eligible to represent both England and Ghana at international level.

The highly rated youngster has progressed through Brighton’s academy and is seen as one of the club’s most promising defensive prospects.

His signing marks a major step in his career, with the club expected to gradually integrate him into the first team setup.

Moro is known for his composure on the ball, tactical awareness, and strong tackling ability.

Both the Ghana Football Association and the English FA will be keeping a close eye on his development as he continues to rise through the ranks.

Manchester United miss out on Antoine Semenyo after Bournemouth contract extension

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Ghana forward Antoine Semenyo Ghana forward Antoine Semenyo

Ghana forward Antoine Semenyo has extended his contract at English club AFC Bournemouth.

The 25-year-old signed a new deal that will keep him at the club until the summer of 2030, ending interest from top clubs in cluding Manchester United and Tottenham Hotspurs in the current transfer window.

Semenyo has been a key figure for the Cherries since joining them from Bristol City in January 2023.

Last season, Semenyo scored 11 Premier League goals and added five assists as the Vitality Park outfit made history by amassing their best points haul in the topflight.

“I’ve grown so much at the club, both on and off the pitch, and I’m really happy to have signed ahead of returning for pre-season,” said an excited Semenyo after signing the contract.

“From the fans to the staff and my teammates, I can’t speak highly enough of the people around the club. It’s a great place to be and I’m excited to get back to Bournemouth and continue the hard work with the new season just around the corner.”

President of the club’s Football Operation, Tiago Pinto, expressed delight after the striker signed the deal.

“Antoine has been crucial to the club’s progress and is a key member of the project here at Vitality Stadium.

“We have a great relationship with Antoine and we’re looking forward to continuing that as we hope to build on a record-breaking season. His commitment to the club matches our ambition and I’m excited to see what can be achieved as we prepare for the new campaign,” he said.

Semenyo has made 89 appearances for the Cherries in all competitions, scoring 22 goals and delivering ten assists to his name.

Govt will continue to invest in TVET- Clement Apaak

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The Deputy Minister of Education, Dr Clement Abas Apaak, says govern­ment will continue to invest into Technical, Vocational and Educa­tion, Training (TVET) to drive the country’s development.

He said the government was well aware of the sector’s impact on the economy, and was invest­ing in it to enable it realise its full potential.

Addressing TV students at the Methodist Technical Institute (MTI) at Kumasi-Kwadaso in the Ashanti Region yesterday, he expressed best wishes to them in their examination as they prepare to formally exit the second cycle institution.

He also visited some centres such as Kumasi Technical Institute (KTI), Tweidie Technical Institute (TTI) and Business Secretariat Institute (BSTSI).

“As you’re beginning your first paper today, you’ll excel in all your papers. The president has asked me to convey to you through the minister that technical, voca­tional education is what is going to propel Ghana to achieve the development we want. And that is why the minister has announced the establishment of three addi­tional technical universities,” he observed.

Dr Apaak in his interaction with the learners assured them of government’s commitment to supporting Technical, Vocational Education and Training (TVET) in Ghana and said irrespective of the path they elected to take after school, the administration was going to lend its support to them.

“Those of you who want to continue from this level, we will make provision for you. Those who may want to practice by virtue of what you’ve learnt so far, we have also launched the Na­tional Apprenticeship Programme which you can take advantage of,” he assured the students.

Since the National Democratic Congress (NDC) assumed office in January, it has been pledging to give technical institutes and uni­versities the necessary infrastruc­tural support and facelift amid struggles with deplorable facilities by staff and students alike.

 BY TIMES REPORTER

KK Fosu declares himself ‘Prince Of Highlife’ and pledges loyalty to genre’s living legends

Highlife musician, KK Fosu Highlife musician, KK Fosu

During his performance at the Amakye Dede at 50 Years of Music concert in London, Ghanaian highlife singer KK Fosu stirred the crowd with more than just music—he boldly declared himself the “Prince of Highlife.”

In a genre built by giants and steeped in decades of cultural pride, such a declaration could easily have been more grandiose. With a successful career spanning years of hit songs, few would challenge his claim if he had chosen the title of “King.” But for KK Fosu, the throne belongs to those who came before him.

Explaining the meaning behind his self-chosen title in a June 21 interview with Graphic Showbiz, KK emphasized that his choice was both deliberate and respectful. “The title of prince reflects both respect and humility,” he said.

His reverence for the genre’s pioneers is unwavering. Rather than crown himself atop a tradition still thriving with living legends, he sees himself as part of an evolving lineage—one deeply influenced by those who laid its foundations.

“There are kings in the highlife world who are still active and relevant. They are our inspiration, and we keep tapping into their knowledge. I mean, I am still learning from them, so how can I call myself a king?” he reflected.

KK Fosu asserted that highlife is far more than a musical genre—it is the pulse of Ghanaian identity, a vessel of shared heritage and generational wisdom. “Highlife isn’t something to take lightly or see as a myth. Highlife is real. It’s our life, our culture, our root,” he said, urging today’s artistes to preserve its spirit even as they explore new sounds.

He called on younger musicians to balance creativity with reverence, noting that survival in today’s shifting music industry depends on blending innovation with deep respect for the genre’s roots. “We cannot afford to lose our way. And the only way to survive in this space is to create good music and listen to the legends who walk among us,” he added.

“My signature line is ‘we don’t stop,’ and that’s more than a motto—it’s my mantra,” the Sudwe composer declared.

Show patriotism through action, not words – Ahmadiyya leader to muslims

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Ameer and Missionary-in-Charge of the Ahmadiyya Muslim Community in Ghana, Alhaji Maulvi Mohammed Ameer and Missionary-in-Charge of the Ahmadiyya Muslim Community in Ghana, Alhaji Maulvi Mohammed

he Ameer and Missionary-in-Charge of the Ahmadiyya Muslim Community in Ghana, Alhaji Maulvi Mohammed Bin Salih, has called on Muslims to demonstrate true patriotism through the responsible use of Ghana’s resources and practical service to the nation.

Delivering his remarks during the Muslim Service of the National Day of Prayer and Thanksgiving at the National Mosque in Kanda, Accra, Alhaji Maulvi Bin Salih described the occasion as a moment not just for worship but for national reflection and renewed civic duty.

“Gratitude means using God’s blessings wisely, preserving them, and honouring the responsibilities that come with them,” he said, adding, “True thankfulness must be shown through deliberate actions that benefit the country.”

Speaking before President John Dramani Mahama, senior imams, and other dignitaries, the Islamic leader emphasized that Islam intertwines faith with national service.

“Patriotism is part of Islamic faith. Real loyalty to Ghana must be shown in how we protect the environment, uphold fairness, and ensure that national wealth benefits future generations.”

Drawing on verses from the Qur’an and the teachings of the Prophet Muhammad (peace be upon him), he stressed the importance of collective responsibility and respect for the land, warning that misusing Ghana’s natural and human resources is both a national and spiritual failing.

“Our communities, our shared values, and our sense of belonging are what truly make Ghana what it is today,” he declared.

The Ameer praised President Mahama for instituting the National Day of Prayer and Thanksgiving, calling it a noble gesture that encourages unity, humility, and moral renewal.

He urged Ghanaian Muslims to support national leadership with sincerity and goodwill, stating that such unity of purpose can help guide Ghana through its economic and social challenges.

“Faith and patriotism go hand in hand. As Muslims, we must practise these values daily in how we relate to our country.”

Volta GWCL boss outlines achievements and urges sustained commitment amid transition

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outgoing Chief Manager, Ing Francis Lamptey of GWCL Volta Regional Office outgoing Chief Manager, Ing Francis Lamptey of GWCL Volta Regional Office

As leadership transitions within the Ghana Water Company Limited (GWCL) Volta Regional Office, the outgoing Chief Manager, Ing Francis Lamptey, has made a passionate call for continuity and commitment to sustain the gains made in water delivery across the Volta Region.

Speaking in an interview with Class News, Ing Lamptey emphasised the importance of maintaining the momentum built under his stewardship.

“We have gotten to a point where any drop in performance would suggest that what we did was cosmetic,” he said.

He stated that the incoming leadership must demonstrate the same level of dedication to ensure the progress became permanent.

He expressed confidence in the team he was leaving behind and noted that for at least two years, systems put in place should sustain operations as the new leader’s vision was gradually integrated.

Ing Lamptey highlighted key achievements, disclosing that by the end of July, the region should see full operational capacity at all production centers, helping improve reliability.

While current water distribution allowed many communities access only once a week, he expressed optimism that post IMF in 2026, GWCL could expand services to ensure 24/7 water access.

He noted that a significant demand supply gap existed, but a robust demand management plan had been instituted to manage expectations and guide household storage behaviour effectively.

Customer satisfaction, according to Ing Lamptey, had been a priority.

“When we are unable to deliver, we do not go silent. We engage the media and explain,” he said, hoping this culture of transparency would continue.

He further revealed progress with key infrastructure, such as the expected arrival and installation of the switchgear for Kpeve by July to prevent service disruptions to Ho Municipality and surrounding valley areas. He also mentioned plans to sink the Nua borehole after successful engagements with Ketu North Traditional Authorities.

Looking to the future, Ing Lamptey proposed a major investment initiative combining four to five boreholes into a single farm to serve both the immediate area and its outskirts.

While acknowledging Volta Regional Minister James Gunu’s increasingly demanding schedule, he stated that critical reports and recommendations will be handed over to aid further investment efforts.

He urged close collaboration with stakeholders, including Gunu, and traditional leaders, who he acknowledged had been instrumental in GWCL’s progress in the region.

“I trust the team I worked with will do even more,” he commented.

He reaffirmed his belief in the continuity of vision and commitment to reliable water supply across the Volta Region.

German-Ghanaian attacker Benjamin Boakye poised to take career to the next level at DSC Arminia Bielefeld

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Germany-born attacker of Ghanaian descent, Benjamin Boakye Germany-born attacker of Ghanaian descent, Benjamin Boakye

Germany-born attacker of Ghanaian descent, Benjamin Boakye, has disclosed that he wants to take his career to the next level at his new club, DSC Arminia Bielefeld.

The forward signed for the German outfit from VfL Stuttgart on Tuesday, July 1,2025.

“DSC Arminia has signed Benjamin Boakye from VfB Stuttgart. The 20-year-old attacker will begin team training on Wednesday. Both clubs have agreed not to disclose the terms of the transfer,” the German outfit said in an official statement.

Speaking in an interview after his unveiling, Benjamin Boakye shared his excitement and indicated that he is looking forward to this new chapter of his career.

He added that he wants to take advantage of the opportunities at DSC Arminia Bielefeld to take his career to the next level.

“I am really looking forward to this new challenge in a completely new environment for me. I want to take the next step in my career at Arminia.

“The management has made a lot of effort for me and shown me the development prospects. I can hardly wait to be on the pitch with the team and soon play in front of our fans,” Benjamin Boakye said as quoted on the club’s website.

Intel’s new CEO explores big shift in chip manufacturing business

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Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor’s plans.

If implemented, the new strategy for what Intel calls its “foundry” business would entail no longer marketing certain chipmaking technology, which the company had long developed, to external customers, the people said.

Since taking the company’s helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing U.S. chipmaker. By June, he started voicing that a manufacturing process that the prior CEO, Pat Gelsinger, bet heavily on, known as 18A, was losing its appeal to new customers, said the sources, who spoke on condition of anonymity.

To put aside external sales of 18A and its variant 18A-P, manufacturing processes that have cost Intel billions of dollars to develop, the company would have to take a write-off, one of the people familiar with the matter said. Industry analysts contacted by Reuters said such a charge could amount to a loss of hundreds of millions, if not billions, of dollars.

Intel declined to comment on such “hypothetical scenarios or market speculation.” It said the lead customer for 18A has long been Intel itself, and it aims to ramp production of its “Panther Lake” laptop chips later in 2025, which it called the most advanced processors ever designed and manufactured in the United States.

Persuading outside clients to use Intel’s factories remains key to its future. As its 18A fabrication process faced delays, rival TSMC’s N2 technology has been on track for production.

Tan’s preliminary answer to this challenge: focus more resources on 14A, a next-generation chipmaking process where Intel expects to have advantages over Taiwan’s TSMC, the two sources said. The move is part of a play for big customers like Apple and Nvidia, which currently pay TSMC to manufacture their chips.

Tan has tasked the company with teeing up options for discussion with Intel’s board when it meets as early as this month, including whether to stop marketing 18A to new clients, one of the two sources said. The board might not reach a decision on 18A until a subsequent autumn meeting in light of the matter’s complexity and the enormous money at stake, the person said.

Intel declined to comment on what it called a rumour. In a statement, it said: “Lip-Bu and the executive team are committed to strengthening our roadmap, building trust with our customers, and improving our financial position for the future. We have identified clear areas of focus and will take actions needed to turn the business around.”

Last year was Intel’s first unprofitable year since 1986. It posted a net loss attributable to the company of $18.8 billion for 2024.

The Intel chief executive’s deliberations show the enormous risks – and costs – under consideration to move the storied U.S. chipmaker back onto solid footing. Like Gelsinger, Tan inherited a company that had lost its manufacturing edge and fallen behind on crucial technology waves of the past two decades: mobile computing and artificial intelligence.

The company is targeting high-volume production later this year for 18A with its internal chips, which are widely expected to arrive ahead of external customer orders. Meanwhile, delivering 14A in time to win major contracts is by no means certain, and Intel could choose to stick with its existing plans for 18A, one of the sources said.

Intel is tailoring 14A to key clients’ needs to make it successful, the company said.

AMAZON AND MICROSOFT ON 18A

Tan’s review of whether to focus clients on 14A involves the contract chip-making portion of Intel, or foundry, which makes chips for external customers.

Regardless of a board decision, Intel will make chips via 18A in cases where its plans are already in motion, the people familiar with the matter said. This includes using 18A for Intel’s in-house chips that it has already designed for that manufacturing process, the people said.

Intel will also produce a relatively small volume of chips that it has guaranteed for Amazon.com and Microsoft via 18A, with deadlines that make it unrealistic to wait for the development of 14A.

Amazon and Microsoft did not immediately comment on the matter. Intel said it will deliver on its customer commitments.

Tan’s overall strategy for Intel remains nascent. So far, he has updated his leadership team, bringing in new engineering talent, and he has worked to shrink what he considered bloated and slow-moving middle management.

Shifting away from selling 18A to foundry customers would represent one of his biggest moves yet.

The 18A manufacturing process includes a novel method of delivering energy to chips and a new type of transistor. Together, these enhancements were meant to let Intel match or exceed TSMC’s capabilities, Intel executives have previously said.

However, according to some industry analysts, the 18A process is roughly equivalent to TSMC’s so-called N3 manufacturing technology, which went into high-volume production in late 2022.

If Intel follows Tan’s lead, the company would focus its foundry employees, design partners, and new customers on 14A, where it hopes for a better chance to compete against TSMC.

Tan has drawn on extensive contacts and customer relationships built over decades in the chip industry to arrive at his view on 18A, the two sources said.

Source: Reuters.com

Let other aspirants step aside and support a Bawumia-Kennedy ticket for 2028 – NPP UK Chair

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A photo collage of Kennedy Agyapong and Dr Bawumia A photo collage of Kennedy Agyapong and Dr Bawumia

Kingsley Adumattah Agyapong, Chairman of the UK Chapter of the opposition New Patriotic Party (NPP), has proposed that the party consider allowing former Vice President Dr. Mahamudu Bawumia and Kennedy Agyapong to partner and represent the party in the 2028 presidential election.

He believes this partnership would significantly improve the party’s chances of uniting its base and securing victory in 2028.

Wofa K, as he is affectionately called, argued that the scheduled January 31, 2026, presidential primary is essentially a contest between the two personalities, with little to no chance of any other candidate emerging victorious.

In an interview with Rainbow Radio 92.4 UK, he stated that the race for the NPP’s flagbearer position would ultimately come down to either the former Vice President or the former Assin Central MP.

He asserted that the NPP is not in normal times and must take urgent steps to rescue the party and secure victory in the 2028 general elections.

According to him, the party should not focus excessively on the flagbearer race. Instead, if members truly care about the party, they should prioritize repairing its damaged structure.

“My primary recommendation is that we allow the two of them to partner and represent the party. Electing either one of them as the candidate will not be enough to win the election unless we have leaders bold enough to discipline those who misbehave.

“We need leaders who can correct us, streamline our operations, and punish those who go wayward. Without that, choosing either Ken or Bawumia alone will not secure victory,” he stressed.

He expressed confidence that pairing the two would ensure success through hard work and a united front rather than internal rivalry.

He further noted that the party faces a Herculean task in regaining the votes lost in the 2024 elections and convincing disillusioned members who abstained from voting to return to the fold in 2028.

He also urged both key contenders to call their supporters to order and discourage them from insulting or attacking each other.

How ‘blood gold’ is fuelling conflict in West Africa

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It has been a good year for gold. A host of turbulent events in the global economy has driven up prices for the glittery commodity to record highs in 2025.

In a world of tariffs and international conflict, gold appeals to investors as one of the few remaining stable assets. Everyone wants a piece of the action, from central banks to large institutions like hedge funds, and retail investors. But few know where their gold comes from, or much about the conflicts it may be fuelling in the countries where it is mined.

For the governments of West Africa’s Sahel region, the stakes are even higher. Gold is a lifeline for the military juntas of Burkina Faso, Mali, and Niger, who are beleaguered by jihadist insurgencies, regional isolation, and the ravages of climate change.

“Because gold prices have been at a historic high… the military governments are hoping that they will be able to benefit directly,” Beverly Ochieng, a senior researcher at global consultancy firm Control Risks, told the BBC.

Together, the three Sahel states produce around 230 tonnes of gold per year, according to the World Gold Council’s estimates, or about $15bn (£11bn) at the current market rate.

A lack of records for artisanal and small-scale gold mining means that this figure is probably an underestimate.

The combined gold production in these three states surpasses any other country in Africa, making the Sahel region a major global contributor to the gold market.

The governments say that the proceeds from the lucrative sector are benefitting citizens through increased “sovereignty” – though Russian firms are increasing their stake in the industry at the expense of Western-owned firms.

For example, Mali’s junta leader Gen Assimi Goïta laid the foundation stone last month for a gold refinery, in which a Russian conglomerate, the Yadran Group, will have a minority stake. The refinery will reportedly create 500 direct jobs and 2,000 indirect jobs.

Burkina Faso is also building its first-ever gold refinery and has set up a state-owned mining company, requiring foreign firms to give it a 15% stake in their local operations and to transfer skills to Burkinabé people.

Fake AI media campaigns have even been launched to celebrate the country’s charismatic 37-year-old military ruler Capt Ibrahim Traoré, for commanding such an important revenue stream for the nation.

“Mining gold from deepest dirt. But souls are rich and true,” croons an AI-generated Rihanna in one recent song, pouring her silky, auto-tuned praise on Capt Traoré.

The reality is very different, according to Ms Ochieng, who explained that Burkina Faso and its neighbours need quick cash to fund counterinsurgency campaigns.

In the case of Mali, much of this has been outsourced to Russian mercenaries, including the Wagner Group and its successor, Africa Corps, which falls under the command of Russia’s defence ministry.

Africa Corps has been involved in military training in Burkina Faso, but the junta officially denies its presence.

Russia’s President Vladimir Putin and Burkina Faso’s Ibrahim Traoré have built a strong relationship

Although public spending transparency in the countries is poor, the governments are thought to devote large portions of their budgets to national security.

Military spending in Mali trebled since 2010, amounting to 22% of the national budget by 2020.

The governments are fighting jihadist groups linked to al-Qaeda and Islamic State (IS).

But campaign group Human Rights Watch (HRW) has accused the Malian government and the Wagner Group of committing atrocities against civilians, including unlawful killings, summary executions, and torture.

It has documented similar atrocities by Burkina Faso’s military and its allied militias.

For their services, the Wagner Group and now Africa Corps are often paid directly in gold or in mining concessions, according to Alex Vines of the London-based Chatham House think-tank.

“Very little [of the gold revenues] will trickle down to Malians and Burkinabés,” he told the BBC, adding that in fact the armed insurgents themselves may be benefiting from gold.

Since the coup in Mali in 2021, brutal government tactics against communities suspected of harbouring or sympathising with jihadists have increased, pushing more civilians to join the very groups they are fighting.

Jamaat Nusrat al-Islam wal-Muslimin (JNIM), an al-Qaeda affiliate which is the most active jihadist group in the region, staged an unprecedented number of attacks targeting Burkina Faso military during the first half of 2025, a sign of the group’s growing strength.

The armed groups are also literally cashing in on the increased global appetite for gold.

A large proportion of gold mining in the Sahel is from the artisanal and small-scale sector, which is often informal, meaning it takes place on unlicensed and undeclared sites away from government oversight, according to a 2023 report on gold mining in the Sahel by the United Nations Office on Drugs and Crime (UNODC).

Armed groups, including jihadist groups, and Sahel governments are in competition for control over many of these small-scale gold mines.

Gold provides an important revenue stream for militant groups, which appear to be expanding their territorial influence in both Mali and Burkina Faso.

The UNODC believes that most gold from this type of mining ends up in the United Arab Emirates (UAE), a global centre for gold refining and trading.

“You do see overlap of violent extremist groups moving onto artisanal production areas for control,” said Dr Vines.

The global spike in gold prices may be prolonging and exacerbating conflict in the Sahel – but, unfortunately for the diggers in artisanal gold mines, it has not led to owners increasing their wages.

As jobs are scarce, many people work in the informal mining sector

One gold miner in Mali’s northern Kidal region agreed to respond to written questions from the BBC on condition of anonymity, for fear of his safety.

He estimated that, on a “good day”, he earns 10,000 to 20,000 CFA francs, or approximately $18 to $36 (£13 to £26).

The amount he is paid has not increased alongside global gold prices, he said.

“Prices went up, but the extra profit goes to mine owners… It’s risky and uncertain, but for many of us, it’s the only option,” he added.

Dr Vines, who formerly worked as a blood diamond investigator for the UN, is concerned that gold has become Africa’s new main conflict commodity.

He noted that gold has not received the same international attention as diamonds, which fuelled bloodshed in several African states throughout the 20th Century, especially during the 1990s.

Intervention by human rights groups and the UN led to the establishment of the Kimberley Process Certification Scheme in 2003, which did much to end the sale of so-called “blood diamonds” on the open market.

But attempts to crack down on “blood gold” have been less successful.

This is partly due to a lack of unified ethical standards. The London Bullion Market Association (LBMA), a major authority in the gold market, requires refiners to comply with standards based on guidelines set by a global body, the Organisation for Economic Co-operation and Development (OED).

The UAE’s enforcement of these regulations has historically been patchy.

In 2021, the country announced its own standards for ethical gold mining – however, the framework remains voluntary. The issue of enforcement has caused tensions in the past between the Gulf state and the LBMA.

Tracing technology represents another hurdle.

“There is no ‘DNA testing’ for gold. With a lot of effort, you can trace diamonds before they get polished and cut… But I haven’t seen ways of tracing the origins of a gold nugget,” Dr Vines said.

Gold is smelted early on in the value chain, making it nearly impossible to trace and connect to potential conflict zones, he explained.

Dr Vines believes that it is likely that some blood gold from the Sahel ends up in UK markets.

“[Gold] gets smelted in [the] UAE, then goes onto the jewellery manufacturing industry, or into dentistry, or bullion. Some of it clearly comes into the UK. And once it is here, there is no way of testing what it is.”

Another reason that it will be difficult to repeat the successes of the Kimberley process, according to Dr Vines, is because the certification system was not designed to deal with state governments.

“Kimberley was designed to deal with armed non-state actors in places like Sierra Leone and Liberia,” he said.

For now, gold’s importance for Sahel governments and the patchy enforcement of ethical gold standards mean that the commodity is likely to continue changing hands, regardless of its origin.

Unfortunately for some communities in the Sahel, that may mean paying for the trade in blood.

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.

Call Mahama to order – Otumfuo dragged into suspended CJ Torkornoo’s brouhaha

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A photo collage of Asantehene, Otumfuo Osei Tutu II (L) and Gertrude Araba Torkornoo (R) A photo collage of Asantehene, Otumfuo Osei Tutu II (L) and Gertrude Araba Torkornoo (R)

The People’s National Party (PNP) has called on the Asantehene, Otumfuo Osei Tutu II, to intervene in what the party describes as a politically motivated attempt by President John Dramani Mahama to remove the suspended Chief Justice, Gertrude Araba Torkornoo.

Speaking to the media after submitting a petition at the Manhyia Palace on Tuesday, July 1, 2025, PNP flagbearer for the 2024 elections, Janet Nabila, condemned the circumstances surrounding the Chief Justice’s suspension.

She accused the Mahama-led administration of attempting to exert undue control over all three arms of government, describing the suspension process as “a political witch hunt.”

According to Nabila, Ghana’s democracy is failing, and it is time for the country to turn to its traditional systems of governance, which she said date back centuries and are rooted in the authority of chiefs as custodians of the land.

“If our democracy is not working, we will go back to our roots and ask the chiefs, who are the true custodians of the land, to tell the Mahama government who is just renting part of the land to operate to call him to order,” she asserted.

Nabila also expressed concern over what she described as a pattern of victimisation against women, warning that the ordeal faced by Chief Justice Torkornoo threatens Ghana’s democratic and judicial integrity.

“We came to Manhyia to petition the Asantehene because we believe our traditional authorities must intervene when state institutions fail. As women, we are deeply disturbed that a female Chief Justice is being targeted in this way. I wept listening to her speak about her suffering,” she said.

Meanwhile, Chief Justice Gertrude Torkornoo, who was suspended by the President following three separate petitions seeking her removal, has publicly denied all allegations levelled against her.

However, the President has constituted a committee to investigate the matter.

AM/KA

GhanaWeb Special: The gold market that fuels galamsey

Israel has agreed to conditions for 60-day Gaza ceasefire

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Israel has agreed to the “necessary conditions” to finalise a 60-day ceasefire in Gaza, US President Donald Trump has said.

During the proposed deal, “we will work with all parties to end the War”, Trump said in a post on Truth Social, without detailing what the conditions are.

“The Qataris and Egyptians, who have worked very hard to help bring Peace, will deliver this final proposal. I hope… that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE,” Trump wrote.

Israel launched a military campaign in Gaza after Hamas’s 7 October, 2023 attack on Israel, in which around 1,200 people were killed. At least 56,647 have been killed in Gaza since then, according to the territory’s Hamas-run health ministry.

It was not immediately clear whether Hamas would accept the conditions of the ceasefire.

Trump’s announcement comes before a meeting with Israeli Prime Minister Benjamin Netanyahu scheduled for next week, in which the US president has said he would be “very firm”.

The US president said on Tuesday that he believed Netanyahu wanted to end hostilities in Gaza.

“He wants to. I can tell you he wants to. I think we’ll have a deal next week,” Trump added.

On Tuesday, Israel’s Strategic Affairs Minister Ron Dermer was due to meet US special envoy to the Middle East Steve Witkoff, US Secretary of State Marco Rubio, and Vice President JD Vance in Washington.

Last week, a senior Hamas official told the BBCthat  mediators have increased efforts to broker a new ceasefire and hostage release deal in Gaza, but that negotiations with Israel remain stalled.

Israel has said the conflict can only end when Hamas has been completely dismantled. Hamas has long called for a permanent truce and a complete Israeli withdrawal from Gaza.

Around 50 Israeli hostages are still in Gaza, at least 20 of whom are believed to be alive.

Trump’s comments come shortly after Israel ordered evacuations in northern Gaza ahead of increased military action. At least 20 Palestinians were killed in an Israeli air strike on a seafront cafe in Gaza City on Monday, according to medics and eyewitnesses.

The Israeli military this week also said it was examining reports of civilians being “harmed” while approaching aid distribution centres in Gaza run by the US- and Israeli-backed Gaza Humanitarian Foundation (GHF).

More than 170 charities and other NGOs have called for the controversial group to be shut down. Organisations like Oxfam and Save the Children say Israeli forces “routinely” open fire on Palestinians seeking aid.

Israel denies this accusation and says the organisation is necessary to bypass Hamas interference in aid distribution.

In March, a previous ceasefire deal collapsed when Israel launched fresh strikes on Gaza. The Israeli military described the action as “pre-emptive strikes… based on Hamas’s readiness to execute terror attacks, build up force and re-arm”.

The previous ceasefire deal between Israel and Hamas – which started on 19 January, was set up to have three stages, but did not make it past the first stage.

Stage two included establishing a permanent ceasefire, the return of remaining living hostages in Gaza in exchange for Palestinians imprisoned in Israel, and the complete withdrawal of Israeli forces from Gaza.

Source: BBC.com

PM Modi Launches Diplomatic Push With Historic 5-Nation Tour, Ghana First Stop In 30 Years

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Prime Minister Narendra Modi embarked on a significant five-nation tour beginning on Wednesday, marking a major diplomatic engagement aimed at strengthening India’s global partnerships across Africa, Latin America, and the Caribbean. This eight-day tour will take the Prime Minister to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia, with his first stop in Ghana, a country that no Indian Prime Minister has visited in the past three decades.

First Indian PM to visit Ghana in past three years

PM Modi’s visit to Ghana from July 2 to 3 marks his first-ever trip to the West African nation. Furthermore, this visit also marks the first by an Indian prime minister in 30 years. During his time in Accra, PM Modi will be received with full ceremonial honours at Kotoka International Airport at 8:00 p.m. IST.

Ghana is a valued partner in the Global South and plays an important role in the African Union and the Economic Community of West African States. I look forward to my exchanges aimed at further deepening our historical ties and opening up new windows of cooperation, including in the areas of investment, energy, health, security, capacity building and development partnership. As fellow democracies, it will be an honour to speak at the Parliament of Ghana,” PM Modi said in a statement released before his departure.

ALSO READ: A Decade Of Digital India, Writes PM Narendra Modi

 

He will then proceed to Jubilee House for a series of bilateral engagements with President John Dramani Mahama, including high-level talks and a joint press statement. A state dinner hosted by President Mahama will conclude the day’s official schedule. According to the Ministry of External Affairs, the two sides are expected to review their robust bilateral relations and explore new opportunities for deepening cooperation in economic, energy, defence, and development sectors.

India-Ghana relations

India and Ghana share longstanding ties, with India playing a key role in supporting Ghana’s development through capacity building and investment. Following his engagements in Ghana, Prime Minister Modi will travel to Trinidad and Tobago in the Caribbean, followed by a visit to Argentina. From there, he will head to Brazil to participate in the 17th BRICS Summit in 2025, and finally conclude his tour in Namibia.

PM Modi to attend BRICS Summit

The Prime Minister is travelling to Brazil at the invitation of its President Luiz Inacio Lula da Silva, This will be the Prime Minister’s fourth visit to Brazil. The 17th BRICS Leaders’ Summit will be held in Rio de Janeiro from July 6-7.

ALSO READ: PM Modi Set To Join BRICS Summit In Brazil: What’s On The Table And Why Is It Significant

“I will attend the BRICS Summit in Rio de Janeiro on 6-7 July. As a founding member, India is committed to BRICS as a vital platform for cooperation among emerging economies. Together, we strive for a more peaceful, equitable, just, democratic and balanced multipolar world order.  On the sidelines of the Summit, I will also meet several world leaders. I will travel to Brasilia for a bilateral State Visit, the first by an Indian Prime Minister in nearly six decades. This visit will provide an opportunity to strengthen our close partnership with Brazil, and work with my friend, President H.E. Luiz Inácio Lula da Silva, on advancing the priorities of the Global South,” said PM Modi in a depearture message.

(With inputs from agency)

 

‘You’ve no moral right to ask Akufo-Addo, Bawumia to apologise to Ghanaians’

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Former President John Agyekum Kufuor [R] Akufo-Addo and Dr Mahamudu Bawumia Former President John Agyekum Kufuor [R] Akufo-Addo and Dr Mahamudu Bawumia

A member of the National Democratic Congress (NDC) Communications Team, Richard Nii Aryee, has launched a scathing critique of former President John Agyekum Kufuor, questioning his moral authority to ask former President Nana Addo Dankwa Akufo-Addo and former Vice President Dr. Mahamudu Bawumia to apologise to Ghanaians for the economic challenges and governance failures witnessed during their administration.

A leading member of the New Patriotic Party (NPP), Dr. Kobina Arthur Kennedy, recently disclosed that former President Kufuor had advised ex-President Akufo-Addo to apologise to Ghanaians for the economic hardship and governance failures that characterised his tenure.

Speaking in an interview on TV3 on Saturday, June 28, 2025, Dr. Arthur Kennedy stated that he picked up this information “from the grapevine” and strongly endorsed the call for an apology from the former president.

“I have heard from the grapevine that President Kufuor has suggested to President Akufo-Addo to apologise to Ghanaians. This is advice I agree with. He must apologise,” Dr. Arthur Kennedy said.

However, reacting to the reported advice by the former president, Nii Aryee speaking during a panel discussion on Kasapa FM, described Kufuor’s comments as hypocritical, accusing him of remaining silent throughout Akufo-Addo’s presidency despite widespread public discontent over several controversial decisions and policies.

“Kufuor looked on while Akufo-Addo inflicted hardship on Ghanaians,” Aryee said. “He was completely silent on the many wrongs of that administration. When $58 million was spent just to dig a hole for the National Cathedral—after Ghanaians were told no state funds would be used—did we hear a word from Kufuor? Not even once.”

He also cited the controversial Domestic Debt Exchange Programme (DDEP), which affected many individual bondholders and retirees, as another instance where Kufuor failed to speak up.

“There were a lot of harsh policies and actions that hurt Ghanaians, but Kufuor never condemned them. He didn’t even pass a comment. He simply failed to call out the rot in the Akufo-Addo government,” Nii Aryee said.

He stressed that it is now inappropriate for Kufuor to position himself as a voice of accountability, suggesting that his past silence undermines his current call for an apology from the former president and his deputy.

“Ex-President Kufuor has no moral right to now tell Ghanaians that Akufo-Addo and Bawumia should apologise. He had every opportunity to speak, but he chose silence,” he concluded.

KA

GhanaWeb Special: The gold market that fuels galamsey

How social engineering hacks your mind and your bank account

“ I’m Not Above the Law,” Prez. Mahama

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President John Dramani Mahama

President John Dramani Mahama has pledged to lead the country in all honesty, stating that his office is readily available for public accountability.

Speaking at the maiden edition of the National Prayers and Thanksgiving service, John Mahama called on citizens to be honest in their dealings, saying, “ Let us be generous and compassionate and let us be upright in our conduct. We must hold those in authority, including myself, accountable to the highest standards of integrity and humility.”

He further stated that occupying public offices is not a privilege for personal gain but a sacred trust bestowed by the people and the responsibility to serve all, especially the most vulnerable of us.

“ Even the Office of the President, which, by the grace of God, I now hold, is not above the law. Leadership must be grounded in justice, in honesty, and in a reverence for God. If we want a just Ghana, we must be just in leadership,” he said.

BY Prince Fiifi Yorke

Ola Pumpin shares uplifting new anthem ‘Rise Up’ featuring Qwamihopekid

Ola Pumpin wants the calming melodies of Rise Up to uplift you whenever you’re feeling down. This stirring anthem, featuring Qwamihopekid, is designed to motivate and inspire the masses with a message of hope.

The elegance of Ola Pumpin’s new release lies in its simplicity. He and Qwamihopekid strike a perfect balance with their easygoing, singalong lyrics, making Rise Up an instant crowd-pleaser.

The mesmerizing piano keys by producer VT help create a soothing yet invigorating backdrop for Ola Pumpin and Qwamihopekid’s rhymes to shine.

The result? A song brimming with hope. Ola Pumpin embraces this recurring theme, complementing his approach with a touch of Dancehall flair.

Coupled with his unwavering determination to overcome any obstacle, the writing is on the wall. As Ola Pumpin succinctly puts it, “Rise Up is about finding the strength to push through hard times—relentlessly.”

Rise Up is the lead single from Ola Pumpin’s forthcoming debut album.

LIVESTREAMED: Chief Imam leads Muslim version of National Day for Prayer and Thanksgiving

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Video | LIVE: National Prayer and Thanksgiving Day 2

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Black Queens Fall 3-1 To Super Falcons In Final WAFCON Warm-Up

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Black Queens before the game

 

GHANA’S BLACK Queens wrapped up their Women’s Africa Cup of Nations (WAFCON) preparations with a hard-fought 3-1 defeat to Nigeria’s Super Falcons in an intense friendly match at the Lanoura Complex in Morocco on Sunday.

Despite a spirited performance, the Queens struggled to match the firepower of their West African rivals, who are considered one of the continent’s strongest sides.

The Super Falcons broke the deadlock in the 34th minute when Chiwendu Iheazou’s effort took a deflection to beat the Ghanaian goalkeeper. Star striker Asisat Oshoala made it 2-0 from the penalty spot ten minutes later.

Ghana came out stronger after the break, with Evelyn Badu finding the net only to have her goal ruled out for offside. Doris Boaduwaa came close to scoring with a near miss before Alice Kusi converted a late penalty in the 88th minute to give Ghana a consolation goal.

Coach Kim Lars Bjorkegren is expected to draw some encouragement from the performance, despite the result. The Black Queens had previously beaten Malawi and Benin in build-up matches and will aim to bounce back when the WAFCON kicks off on July 5.

Ghana is placed in Group C alongside defending champions South Africa, Mali, and Tanzania, while Nigeria will feature in Group A.

 

BY Wletsu Ransford

No Party Flags at National Thanksgiving

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Rev. Dr. Opuni Frimpong

Former General Secretary of the Christian Council of Ghana, Rev. Dr. Opuni Frimpong, has urged members of various political parties to refrain from displaying party paraphernalia at the National Thanksgiving event. In an interview on United Television’s morning show, Rev. Dr. Opuni stated that the event is a national gathering to thank God, not a campaign rally where party attire and chants are fitting.

“This is a call to God to help our country, Ghana, and not a campaign ground,” he said. “Therefore, there’s no need to bring party flags or T-shirts to the event. Instead, having the national flag would be more appropriate.”

The country will today observe its maiden National Day of Prayer and Thanksgiving, a significant milestone in its spiritual and civic life. President John Dramani Mahama will lead the events, which include prayers across the nation, a grand interdenominational Christian Service at the State House forecourt, and a Muslim Service at the Ghana National Mosque in Kanda, Accra.

By Prince Fiifi Yorke

Singapore police can now seize bank accounts to stop scams

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Police in Singapore can now seize control of a person’s bank account and block money transfers if they suspect the person is being scammed, under a new law that kicked in on Tuesday.

The move is aimed at addressing a common issue faced by the police, where victims often refuse to believe they are being scammed despite warnings, authorities have said.

The law was passed earlier this year by lawmakers, though some members of parliament have described the measure as intrusive.

Singapore has seen a worsening problem with scams, which surged to a record S$1.1 billion ($860m; £630m) in 2024 in the island-state.

Under the new Protection from Scams Act, the police can order banks to block a potential victim from making transactions if they suspect the person is being scammed.

Police can also block a potential victim’s use of ATMs and credit services.

The decision can be taken by a police officer even if the potential victim does not believe warnings that they are being scammed.

The bank account owner will still have access to his funds for legitimate reasons, such as to pay for their daily expenses and bills, but can only use their money at the discretion of the police, according to Singapore’s Ministry of Home Affairs (MHA).

The MHA has said that a potential victim’s bank account can be controlled by the police for up to 30 days at a time, with the option for a maximum of five extensions if more time is needed.

Critics of the law have raised concerns over accountability and the possibility of abuse of power. In Parliament in January, some MPs suggested allowing citizens to opt out of the law, or giving people the option to nominate someone else to freeze their transactions instead of the authorities.

But proponents have said that the law is needed to stem the huge losses incurred by victims and to protect them.

The MHA said the decision would be based on the facts offered by the individual and family members. “The restriction order will only be issued as a last resort, after other options to convince the individual have been exhausted,” it said in a statement.

The number of reported scams in Singapore has grown from around 15,600 cases in 2020 to more than 50,000 cases in 2024.

Common scams in Singapore include job and investment scams, and e-commerce fraud where users are duped into paying for items they never receive. Many are also increasingly falling prey to internet love scams, where fraudsters spend months building online relationships before tricking victims into sending money.

The new law is the latest anti-scam measure authorities have rolled out in Singapore. Since 2023, bank users can lock up a portion of money in their account so that they cannot be transferred digitally.

Most banks also have an emergency “kill switch” that lets customers freeze their bank accounts immediately if they suspect it has been compromised.

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.

As a human being, you have to do better in every way

Highlife musician, Kuami Eugene Highlife musician, Kuami Eugene

Ghanaian music star Kuami Eugene has opened up about the inspiration behind his new song, Do Better, describing it as a message of hope, growth, and the importance of patience when walking alongside others on their journey.

Speaking to Doreen Avio about the meaning behind the single, the artiste explained that the song is not just about striving for success but also about believing in people before they fully arrive.

“As a human being, you have to do better in every way. If you’re doing something at an average level, you can do better to get to the top,” he said.

However, he was quick to clarify that the real message behind the track goes beyond self-improvement; it’s about recognizing and nurturing potential, even when the results aren’t immediate.

“That’s not all the song is about,” he explained. “The song is saying that no matter the situation, if you start with someone and you have hope and believe in the person—that one day they will get there—all you need to do is have patience. They might just not be ready yet. But if you believe in what they have, give them time—they can do better.”

Team Ghana shines at International Greenwich Olympiad in London

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The annual event featured 322 projects across disciplines such as science, engineering, and the arts The annual event featured 322 projects across disciplines such as science, engineering, and the arts

Team Ghana has made an impressive mark at the 2025 International Greenwich Olympiad (IGO), held at Queen Mary University in London, clinching one silver and one bronze medal.

Representing the country on the global stage, students from Galaxy International School showcased innovations in engineering and visual arts, standing out among more than 520 participants from 52 countries.

The annual event featured 322 projects across disciplines such as science, engineering, and the arts, offering a platform for young minds to address global challenges through creativity and innovation.

In the Engineering category, students Arnold Edem Pardie and Ahmet Yousuf Balci presented an AI-based Smart Dustbin designed to identify and sort over 100 types of waste.

Built using YOLOv5 machine learning technology and Arduino-controlled hardware, the project addressed poor waste disposal habits within their school community.

According to the team, a student survey revealed that while 80% of their peers used plastic regularly, only half disposed of it properly. A reward system improved recycling efforts to 85%, shaping their practical and data-driven approach.

Their project earned a Silver Medal and was lauded for its potential impact on waste management and sustainability.

In the Art category, Year 10 student Mataya Nana Adwoa Aseda Opoku created “Let Them Live,” a visual protest against elephant poaching in Africa.

Painted on a bamboo canvas, the piece symbolized both nature’s vulnerability and resilience, drawing attention to the ecological effects of poaching.

The artwork stood out for its powerful environmental message and innovative presentation, earning Mataya a Bronze Medal amidst a competitive field of global entries.

Beyond the competition, Team Ghana participated in cultural exchange activities, visiting iconic British landmarks such as the London Eye, the British Museum, and Oxford University.

At the Olympiad’s Cultural Night, the team proudly showcased Ghanaian traditions through a stage performance and the sharing of handmade gifts, strengthening international camaraderie.

AM/KA

GhanaWeb Special: The gold market that fuels galamsey

24-Hour Economy to attract $4 billion in private sector funding

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Goosie Tanoh is the Presidential Advisor on the 24-Hour Economy play videoGoosie Tanoh is the Presidential Advisor on the 24-Hour Economy

Presidential Advisor on the 24-Hour Economy, Goosie Tanoh, has projected that Ghana’s ambitious 24-Hour Economy initiative will attract an estimated $4 billion in private sector investment over the next few years.

Speaking ahead of the official launch of the policy on Monday, June 30, 2025, Tanoh highlighted the initiative’s core objective of fostering long-term industrial growth, creating sustainable jobs, and boosting the country’s export competitiveness.

“The total investment required is about $4 billion times ten, so GH¢400 billion. We hope it stays that way, and most of it is going to come from the private sector,” he stated.

He emphasised that the policy will focus on key structural reforms to make Ghana a more attractive destination for businesses, particularly in light of the growing trend of firms relocating to neighboring Côte d’Ivoire due to more favorable business conditions.

“One of the problems investors have faced in Ghana, and I’m sure you’ve all heard this, is the unpredictable and incoherent incentive regimes, the high cost of operations, and under-the-table payments and corruption. Some companies have moved to Ivory Coast, where it’s easier to do business. Our aim is to reverse that,” he added.

Tanoh further explained that the 24-Hour Economy will focus on three main pillars: a coherent and transparent performance-based incentive regime, improved infrastructure, and secured industrial lands free from title disputes.

“The key components are a coherent, practical, transparent incentive regime with very little discretion—that’s how we eliminate corruption. Secondly, we will build ecological paths to ensure both domestic and foreign investors have access to land without litigation or disputes,” he explained.

The 24-Hour Economy, a flagship policy of the current administration, is expected to transform Ghana’s economic landscape by encouraging round-the-clock industrial activity, increasing productivity, and strengthening the country’s export base.

SP/MA

How social engineering hacks your mind and your bank account

Shalimar Abbiusi empowers 150 women in Edo State, Nigeria

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Shalimar Abbiusi (L) former spokesperson for the New Force Shalimar Abbiusi (L) former spokesperson for the New Force

In a heartwarming act of generosity and commitment to women’s empowerment, Spokesperson for the AU International Organisation for the Transformation of Leadership (AU IOTL) and former spokesperson for the New Force Shalimar Abbiusi has donated ₦15 million to support 150 women in Etsako West Local Government Area of Edo State in Nigeria.

Each of the beneficiaries received ₦100,000 to boost their small businesses, marking a significant effort to uplift women in rural communities.

The donation, made through her NGO, the I Am Human Foundation (IAH FDN), was part of Abbiusi’s birthday celebration, which she chose to mark by giving back.

“Empowerment is not a gift; it is a right,” Abbiusi told the crowd of women gathered in Auchi.

“As women, we are the backbone of society. We wake up first, run our homes, and still find time to do business. It’s time we empower ourselves.”

Shalimar, who is also a Belgian philanthropist, emphasised that her mission in Nigeria is to support women, especially those in rural areas, by providing them with the resources they need to grow their businesses and live with dignity.

The event was held in collaboration with Senator Adams Oshiomhole, who praised the foundation’s efforts and pledged continued support.

“Shalimar and I believe that the greatest economists in Nigeria are women,” Oshiomhole said.

“We will take this empowerment to other local governments across Edo State.”

He also promised to extend similar empowerment initiatives across all six local governments in his senatorial district, ensuring more women at the grassroots level benefit from such programs.

Many of the beneficiaries expressed gratitude, saying the financial support would greatly improve their businesses and daily lives.

Abbiusi’s message was not only about financial aid but also about encouraging women to develop better business habits—saving regularly, reinvesting profits, and passing on skills to the next generation.

“When women rise, the whole community rises,” she said. “Let us not wait for anyone to empower us – let us empower ourselves.”

NPP was punished for failing to listen to Ghanaians – Eugene Boakye Antwi

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Former Member of Parliament for Subin, Eugene Boakye Antwi, has stated that the New Patriotic Party (NPP) lost the 2024 general elections because it failed to listen to the concerns of Ghanaians.

In an interview with Umaru Sanda Amadu on Channel One TV’s Face to Face on Tuesday, July 1, the former MP admitted that the party’s defeat came as no surprise to some members, including himself.

“I’m not worried because some of us anticipated it [2024 electoral defeat]. If you fail to listen to people, they punish you. So, as politicians, we must constantly be listening and hearing people out. And that is what we failed to do,” he said.

Mr. Boakye Antwi further noted that the most effective years of former President Nana Addo Dankwa Akufo-Addo’s administration were from 2018 to 2020, before the outbreak of COVID-19.

He attributed the success of that period to the motivation of seeking re-election and the resultant cooperation within government circles.

“We have to be very frank with ourselves, the best years of Akufo-Addo’s 8 years [tenure] were 2018, 2020, before COVID-19 struck. Those were his best years. In your first term, you are expected to be voted for the second term, so you’re working towards your second term. So there’s more cooperation, and because you know you have to go and face the electorate again, you are careful of certain mistakes,” he explained.

He lamented that during Akufo-Addo’s second term, performance declined due to reduced electoral accountability.

“But the second term, because you’re not going to contest again, I think all hell broke loose and it cost us,” he added.

 

Majority of Ghanaians believe Ghana is headed in the right direction – Global InfoAnalytics

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Reviving Ghana’s poultry sector: Smallholder Giants – Unleashing resilience through VSLAs

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Ghana’s ambitious quest to revitalise its poultry sector confronts a fundamental reality: its smallholder base profoundly shapes the agricultural landscape. Over 80 per cent of Ghanaian farms are typically less than two hectares (MoFA, 2022). 

Yet, a multitude of formidable challenges consistently impedes their growth and competitiveness.

While the undeniable efficiency of large-scale operations holds significant allure, the most sustainable path forward for Ghana’s agricultural industry in the medium term critically depends on empowering these numerous smallholder farmers, transforming them into efficient, resilient contributors. 

In this context, the Village Savings and Loan Association (VSLA) model has proven particularly effective. Its broad applicability spans various agricultural commodities, extending well before and beyond just poultry.

The VSLA revolution: A grassroots powerhouse

VSLAs are not just microfinance schemes; they are community-based engines of empowerment. Imagine a collective where individuals, often in rural and underserved areas, pool their meagre savings, building a shared fund from which members can borrow at low-interest rates. 

This transparent, self-managed system, governed by elected officers and with clear bylaws, rebuilds trust where formal banks often fail. Women dominate these groups and are led by women. 

Crucially for smallholder farmers (SHFs), these groups offer immediate, collateral-free loans for critical needs.  

Beyond credit, VSLAs enable collective procurement of inputs. By aggregating demand, groups can negotiate substantial bulk discounts on inputs, significantly driving down costs for each farmer and streamlining the supply chain. This collective muscle transforms individual struggles into shared strength.

A 2019 report by Ghana’s Ministry of Finance, referencing the Savings Groups Information Exchange, revealed that VSLAs in Ghana had mobilised $56 million in savings among more than 850,000 members, primarily women in rural and peri-urban areas. 

Globally, CARE—pioneer of the model—estimates that VSLAs now control over $1 billion in savings annually, underscoring their transformative potential.

Beyond finance: Knowledge, tech and resilience

The impact of VSLAs extends far beyond financial transactions. Their weekly gatherings naturally evolve into informal farmer field schools, where members organically share invaluable agronomic tips and demonstrate new techniques. 

This peer-to-peer learning creates a robust, localised extension service. Furthermore, VSLAs are proving to be powerful gateways for ICT4Ag services. Digital tools, such as mobile-based savings ledgers, SMS alerts for market prices, or even weather advisories, become highly cost-effective when deployed to an existing, cohesive group. 

These groups foster digital literacy, turning early adopters into trainers who rapidly multiply technological know-how across the community.

The impact is tangible: lenders across the spectrum, from commercial banks, through rural banks to input credit providers, all attest to the high repayment behaviour of the VSLAs.

Also, numerous studies show that VSLA members were twice as likely to purchase improved seeds and agrochemicals. In northern Ghana, VSLA-affiliated SHFs reported a 30 per cent increase in off-season vegetable production, spurred by micro-credit for irrigation. 

Fortifying the future: Social protection and embedded insurance

To truly make these VSLAs resilient and propel the agricultural sector forward, we must integrate crucial layers of protection. Smallholder farmers, particularly in rural areas, face disproportionate risks from climate change (floods, droughts) and personal vulnerabilities (illness, accidents, ageing). 

Here, VSLAs can evolve to become platforms for comprehensive social protection products. By leveraging their social funds, VSLAs can offer microinsurance cover for life, death, on-farm accidents, hospitalisation and contribute to informal pensions. 

This layered protection safeguards livelihoods and prevents minor shocks from becoming catastrophic setbacks. For poultry farmers, this could mean specific coverage for disease outbreaks, unexpected flock mortality or losses due to extreme weather, ensuring they can rebuild without spiralling into debt.

Furthermore, fostering resilience and mitigation demands innovative financial tools. Embedded insurance models that bundle crucial crop and livestock insurance with VSLA financial products can be deployed.

Imagine an agric-loan or input credit that automatically includes climate-risk insurance, protecting the farmer’s investment against unforeseen weather patterns.

This approach de-risks the entire value chain, encouraging greater investment and more sustainable practices.

By promoting widespread awareness and adoption of climate-smart agricultural practices and ICT4Ag tools—providing critical support for informed decisions on optimal planting date, input selection and enhanced productivity— farmers are empowered to navigate a changing climate. 

Market access and value addition

Even with enhanced production, the smallholder poultry and crop farmers often struggle to access lucrative markets. VSLAs offer a powerful solution. 

By pooling their produce, members can collectively meet larger market demands, negotiate better prices with buyers and reduce individual transportation costs. 

This aggregated volume makes them more attractive to larger off-takers, including hotels, restaurants and even formal processing plants that might otherwise overlook individual smallholders.

VSLAs can facilitate direct linkages to these markets, bypassing exploitative middlemen and ensuring farmers receive a fairer share of the value chain. 

Moreover, groups can collectively invest in basic value addition, such as improved cleaning, packaging or even small-scale processing equipment, which can significantly enhance the marketability and profitability of their poultry products. This shift from scattered sellers to organised suppliers is a game-changer.

Policy pathways

For VSLAs to truly revolutionise Ghana’s agricultural sector, supportive policy is paramount.

Government and development partners must recognise VSLAs as key agents of change, moving beyond short-term projects to integrate them into national agricultural development strategies. This includes:

•    Formal recognition and capacity building: Providing legal recognition and tailored training for VSLA leadership in governance, financial management and cooperative principles.

•    Support to form Apex VSLA (or VSLA Federation/Network): A secondary-level organisation formed by multiple, mature, individual VSLAs that come together to collectively pool larger capital, provide bigger loans and access more sophisticated financial services and market opportunities beyond what a single group can achieve.

•    Linking VSLAs to formal finance: Creating pathways for successful VSLAs to transition into or partner with formal financial institutions, allowing them to access larger credit lines and expand their operations. This could involve guarantees or blended finance mechanisms.

Conclusion

The journey to revive Ghana’s poultry sector is complex, but the path of empowering smallholder farmers through resilient VSLA models offers a powerful, proven solution. 

By championing their access to flexible finance, fostering collective action in input procurement, leveraging peer-to-peer knowledge transfer, embracing digital innovation, streamlining market access, facilitating value addition and crucially integrating robust social protection and embedded insurance, we can transform the landscape. 

These tools are not mere additions; they are the bedrock upon which our smallholder farmers can build unshakeable resilience, driving the agricultural sector—and, indeed, Ghana’s economic renewal—confidently forward.

Indonesia expresses interest in Ghana’s renewable energy sector

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The Republic of Indonesia has expressed a strong commitment to investing in Gha­na’s energy sector development through innovative and sustainable technologies.

To this end, it has indicated its readiness to establish a renewable energy plant with the capacity of 2,000 megawatts in the country.

The Honorary Consul of In­donesia to Ghana, Mr Paskal A. B. Rois, disclosed this when he paid a courtesy call on the Minister of Energy at his office in Accra yesterday.

The visit formed part of measures to deepen bilateral relations and fostering strategic energy cooperation between the two nations.

Speaking at a diplomatic meet­ing yesterday in Accra, he empha­sised Indonesia’s commitment to strengthening the historical bond between Ghana, particularly through cooperation in the energy sector.

According to him, the potential establishment of renewable energy plants with a capacity ranging between 500 to 2,000 megawatts (MW) which is yet to be construct­ed is intended to support and serve as a backup to Ghana’s main energy grid.

Mr Rois further stated that Indonesia’s innovative water-based renewable energy technology al­lows for continuous reuse of water to generate electricity efficiently over long periods.

Also, Indonesia expressed interest in supplying solar power plants and affordable solar street lighting systems to Ghana, particu­larly in underserved communities.

“These efforts aim to improve energy accessibility and reduce dependency on traditional energy sources,” he added.

Furthermore, Mr Rois dis­closed Indonesia’s plans to estab­lish a state-of-the-art oil refinery in Ghana.

He revealed that the country’s interest in acquiring oil explora­tion blocks in Ghana’s upstream petroleum sector, a move that could significantly boost local oil production and investment.

In the area of human resource development, Mr Rois presented the KNB Scholarship programme and other training initiatives that would build the capacity of pro­fessionals within Ghana’s energy sector and beyond.

The Minister of Energy and Green Transition, Mr John Abdulai Jinapor, expressed appreciation to the Indonesian government for its longstanding friendship and renewed interest in Ghana’s development.

He emphasised Ghana’s readiness to explore partnerships in renewable energy, oil and gas development, capacity building, and energy innovation.

Also present at the meeting were Mr Solomon Adjetey, Chief Director, Mr Isaac Nyarko Biney, Director of PPBME and Ms Vanessa Gifty Howusu, Secretary to the Honorary Consul.

This engagement marks a new chapter in Indonesia-Ghana rela­tions, with prospects for shared growth and sustainable energy transformation.

Majority of Ghanaians believe Ghana is headed in the right direction

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The majority of Ghanaians continue to believe that the country is headed in the right direction, according to a recent poll by Global InfoAnalytics.

“70% of voters now believe the country is headed in the right direction compared to 20% who believe it is headed in the wrong direction.

“In the April poll, 62% said it is headed in the right direction while 26% said it is headed in the wrong direction. The majority of voters in every region except Ashanti say the country is headed in the right direction.”

The poll also shows that 73% of voters approve of the way the President is doing his job, while 19%
disapprove. The majority of voters in all the regions approve of his job performance, signalling a major shift
in polling history where voters from the stronghold of the main opposition party approve of the
performance of the president.

All party affiliates approve of the performance of the president except among NPP voters where a slim majority disapprove, amounting to 46% but 43% approve of his performance.

“For the government, voters continue to show strong approval of their performance as 18% say they have performed excellent, 61% very good/good, 10% as average and 11% as poor/very poor. In contrast to April 2025 poll, 21% rated the government excellent, 55% as very good/good, 9% average and 15%
poor/very poor.

On President Mahama’s handling of the economy, 74% of voters approve of his performance, while 18% disapprove. In terms of job creation, 67% expressed approval, compared to 22% who disapproved.

His efforts in addressing the ‘galamsey’ menace also received strong backing, with 65% approving and 24% disapproving.

 

 

Attorney-General files motion to strike out CJ Torkornoo’s Judicial Review

 

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CUTS Int’l threatens legal action over PURC tariff hike

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CUTS International has announced plans to seek a court injunction against the Public Utilities Regulatory Commission (PURC) over its approval of new electricity tariffs, accusing the regulator of failing to address inefficiencies at the Electricity Company of Ghana (ECG).

The move follows PURC’s recent announcement of a 2.45% increase in electricity tariffs for all customer categories, which took effect on Tuesday, July 1, 2025. Water tariffs, however, remain unchanged.

Speaking on Citi Eyewitness News on Tuesday, July 1, West Africa Regional Director of CUTS International, Appiah Kusi Adomako, stated that PURC’s continued approval of tariffs despite ECG’s unresolved technical and commercial losses is unacceptable.

“For us as an organisation, what we intend to do is go to court to also mandate PURC not to approve tariffs for ECG, until ECG can address the inefficiencies in the energy sector. Already we know that there are a lot of technical and commercial losses which are unacceptable,” he said.

He stressed that the Commission appears more focused on burdening consumers than holding ECG accountable.

“PURC is unable to tell the ECG to bring those losses down, but anytime PURC is looking at the low-hanging fruits, taxing you and me to pay, and that is where we can go to court to put further injunction on any tariff review,” Mr. Adomako added.

COVID 19 Resurgence – Government initiates moves to secure vaccines

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Kwabena Mintah Akandoh is the Minister of Health Kwabena Mintah Akandoh is the Minister of Health

The government has initiated the necessary measures to secure vaccines to protect vulnerable populations following the resurgence of COVID-19 at the University of Ghana.

This was disclosed by the Minister of Health, Kwabena Mintah Akandoh, when he addressed Parliament on Tuesday, July 1, 2025.

He clarified that while COVID-19 vaccination is no longer part of the country’s routine immunisation programme, in line with global trends, it remains a vital tool in protecting public health.

“I wish to clarify that COVID-19 vaccination is no longer part of the country’s routine immunisation programme. Indeed, this is the case in most countries. That said, vaccinations remain one of the important tools that can be used to control the spread of COVID-19 infections and, more importantly, prevent severe disease and deaths.

“As a result, and in preparation for a potential surge, we have initiated the necessary processes to secure vaccines in-country. This is in line with our policy to protect the health of vulnerable populations, particularly people with underlying medical conditions and the aged, who are more likely to develop severe disease,” he remarked.

The Health Minister also warned of a seasonal rise in flu and cholera cases during the rainy season and advised citizens to remain vigilant.

“We are seeing a rise in seasonal flu cases, as we typically do during the rainy season. These flu symptoms; fever, cough, sore throat, can resemble COVID-19, so we urge anyone feeling unwell to visit the nearest health facility,” he said.

In a statement dated Monday, June 23, 2025, the University of Ghana Health Services Directorate confirmed a recent spike in COVID-19 infections within the university community.

The Directorate revealed that both suspected and confirmed cases have been reported, prompting renewed preventive measures across the campus.

JKB/MA

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