Author: Political Desk

Vice President of IMANI Africa, Bright Simons, has challenged the State Interests and Governance Authority’s (SIGA) claim that Ghana’s state-owned enterprises (SOEs) recorded a combined net profit of GH¢19.8 billion in 2025. According to Bright Simons, the reported improvement in profitability was largely influenced by currency revaluations, and does not reflect the underlying financial performance of the state-owned businesses. He said when the effects of currency movements are excluded, the combined net profit of the SOEs actually declined from GH¢9.75 billion in 2024 to GH¢8.08 billion in 2025, representing a 17.1% drop. “State-owned businesses’ underlying profitability declined in 2025. You…

Former Lands and Natural Resources Minister Samuel Abdulai Jinapor has described the government’s Ghana Accelerated National Reserve Accumulation Policy (GANRAP) as essentially a renaming of the Domestic Gold Purchase Programme introduced under the Akufo-Addo/Bawumia administration. Mr Jinapor, the MP for Damongo, made the claim in a Facebook post on Monday, August 31, 2026, in response to recent comments by NPP flagbearer Dr Mahamudu Bawumia on the Domestic Gold Purchase Programme. The Damongo MP said he was compelled to set the record straight because he served as the Minister responsible for Mines when the programme was introduced. According to him, the…

Former Finance Minister and Member of Parliament for Karaga, Dr Mohammed Amin Adam, has declared that former Vice President Dr Mahamudu Bawumia will become President of Ghana. He stated that this is regardless of opposition from the governing National Democratic Congress (NDC). “If the NDC likes it or not, Dr Mahamudu Bawumia will become the President of the Republic,” Dr Amin Adam said while addressing residents of Kpukpalga after commissioning a modern Community-based Health Planning and Services (CHPS) compound he built for the community. He also accused the NDC government of failing to properly understand the needs of Ghanaians, particularly…

The Youth Employment Agency (YEA) recorded a major financial turnaround in 2025, moving from a GH¢77.58 million deficit in 2024 to a GH¢110.45 million surplus in 2025, according to the 2025 State Ownership Report. The turnaround represents an improvement of approximately GH¢188.03 million and was driven largely by a 52.9 per cent increase in revenue, which outpaced the 18.6 per cent growth in expenditure. Income from the Communication Service Tax rose by 27.5 per cent, from GH¢472.13 million in 2024 to GH¢602.01 million in 2025, while GETFund receipts increased by 159.7 per cent from GH¢115.50 million to GH¢300 million. The…

The National Petroleum Authority (NPA) recorded a strong financial performance in 2025, with total revenue increasing by 43.09% from GH¢572.71 million in 2024 to GH¢819.50 million, according to the 2025 State Ownership Report. The growth was driven largely by Internally Generated Funds (IGF), which rose by 38.40% from GH¢431 million in 2024 to GH¢596.50 million in 2025. Finance income recorded the strongest growth among the Authority’s revenue streams, surging by 332.11% from GH¢17.35 million to GH¢74.99 million, attributed to improved returns on investments and treasury management activities. Other income also increased by 19.22%, from GH¢127.29 million in 2024 to GH¢151.76…

The Ghana Gold Board (GoldBod) generated US$1.315 billion in foreign exchange in August 2026 under a new collaborative financing model introduced to support its artisanal and small-scale mining gold operations. The new financing model was implemented on August 3, 2026, following the approval of the Ghana Accelerated National Reserve Accumulation Policy (GANRAP) by Cabinet and Parliament. According to GoldBod, the model was developed following consultations with the Ministry of Finance, the Bank of Ghana (BoG), commercial banks and other market stakeholders. Out of the US$1.315 billion generated in August, US$668.21 million was sold directly to commercial banks through spot sales…

The countdown is officially on as the 2026 Ghana Music Awards UK (GMAUK26) prepares to celebrate a decade of recognising and promoting Ghanaian music excellence in the United Kingdom and across the diaspora. The highly anticipated 10th Anniversary edition is scheduled for October 31, 2026, at the Royal Regency in London, with Sammyflex TV set to bring audiences closer to the action through extensive coverage led by Production Manager Roland Amartey. Known for his strong production experience, sharp editorial instincts, and connection to Ghana’s entertainment industry, Roland Amartey is expected to deliver engaging coverage of the prestigious event. His work…

Teacher unions have called off their threatened strike following a meeting with the Minister of Education, Haruna Iddrisu, over concerns about the placement of teachers on the appropriate salary scales. The meeting on Monday, August 31, 2026, resulted in a number of measures aimed at resolving the concerns and ensuring that affected teachers are placed on their correct salary scales. As part of the resolutions, teachers will not be required to travel to their respective District Education Offices to submit payslips for the purpose of salary-scale placement. The process is expected to result in the appropriate placement of close to…

Member of Parliament for Akuapem North, Sammi Awuku, has demanded answers from the Ghana Maritime Authority (GMA) over its decision to waive a US$1 million penalty imposed on the MV Sankofa despite concerns raised about the vessel’s safety and registration. In a Facebook post on Monday, August 31, 2026, Mr Awuku said the vessel was intercepted by the Ghana Navy off the coast of Axim in July 2025 with its Automatic Identification System switched off. He said a subsequent inspection by the GMA found 14 missing statutory certificates, no oil or garbage record books, and no sewage holding tank, resulting…

Interior Minister and Member of Parliament for Asawase, Mohammed Mubarak Muntaka, has cautioned Ghanaians against glorifying people who accumulate wealth without questioning the source of their riches. He said the growing practice of elevating wealthy individuals to prominent positions in communities, religious institutions and traditional settings simply because of their financial status could have serious consequences for society. According to Mr Muntaka, such a culture risks sending the wrong message to young people by making them believe that wealth, rather than education, integrity and skills, is the ultimate measure of success. “If people can do anything to get rich and…