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CENTRAL

President Mahama Appoints Matilda Asante-Asiedu as Second Deputy Governor of Bank of Ghana

President Mahama appoints Matilda Asante-Asiedu Second Deputy Governor of the Bank of GhanaPresident John Dramani Mahama has in accordance with Section 17 of the Bank of Ghana Act, 2002 (Act 612) as amended, appointed Mrs. Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana.Mrs. Asante-Asiedu is a Chartered Banker and seasoned corporate leader who has served as Group Head, Retail Banking at Access Bank Ghana PLC.Mrs Asante-Asiedu holds an MBA in Marketing from GIMPA Business School (2021), an MA inJournalism Studies from Cardiff University (2005), and diplomas in Journalism (Ghana Institute of Journalism, 1997) and Politics and Public Affairs Reporting (International Institute of Journalism,Berlin, 2000). A Chartered Executive Banker (CIB-Ghana, 2024).She has undertaken Executive Programmes at Said Business School at Oxford University (2023), Wharton School (2015) and Marquette University's Les Aspin Centre (2003), among others.

Ahmad April 29, 2025

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CENTRAL

Six dead in Adansi Dompoase crash involving VIP bus and sprinter

In a statement issued by the Ashanti Region Public Relations Office, the GNFS said it received a distress call at 12:43 pm and swiftly dispatched a rescue team to the scene. The rescue operation, led by ADOII Samuel Mensah, found a VIP bus (registration GW 8455-23) and a Benz Sprinter (registration GS 6383-20) involved in the collision. According to the GNFS, the Sprinter was completely mangled from the rear, while the VIP bus sustained partial damage to its front. The statement added that rescue operations were completed by 1:28 pm, with six deceased victims handed over to the Police. One injured person was transported to the Fomena Government Hospital for emergency treatment. The cause of the accident, the GNFS noted, remains under investigation.

Ahmad April 27, 2025

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CENTRAL

KATH Receives Parts to Repair Radiotherapy Machine Amid Growing Calls for Hospital Retooling

The Komfo Anokye Teaching Hospital has taken delivery of mechanical parts for the fixing of malfunctioning radiotherapy machine. The equipment, essential in the treatment of cancer patients, has been defective for close to five weeks. Cancer patients in need of radiotherapy were unable to receive treatment. Joy News sources at the hospital say technicians have moved to work, after receiving the parts, to get the machine running in no time. CEO of the Hospital, Prof. Otchere Addai-Mensah has been to the radiotherapy unit to supervise work being done by the technicians. Calls for retooling the hospital have heightened following the breakdown of the radiotherapy machine. The Oncology Department of Komfo Anokye Teaching Hospital has two radiotherapy machines serving its patients. One of the two machines is obsolete, with parts no longer on the market. The radiotherapy unit is the only […]

Ahmad April 27, 2025

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CENTRAL

Kennedy Agyapong Urges NPP to Grant Amnesty and Reconcile with Alan Kyerematen Ahead of 2028 Elections

Central, has advocated for a comprehensive amnesty for all suspended and estranged party members. According to Agyapong, embracing unity and reconciliation is critical if the NPP is to reclaim and maintain political dominance in the years ahead. Speaking during an interaction with party faithfuls and stakeholders, Agyapong emphasized that the NPP must "rise above internal divisions" and strategically rebuild bridges with those who have broken away, including former presidential hopeful Alan Kyerematen, who now leads the Movement for Change. "If we are serious about winning the 2028 election, we must grant amnesty to all suspended members and invite those who have left, including Alan, to rejoin the party. We must put the past behind us and focus on the bigger picture — victory for the NPP and progress for Ghana," Agyapong declared. The Case for Amnesty and Reconciliation Kennedy Agyapong’s […]

Ahmad April 27, 2025

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ASHANTI

IMF to Ghana, African nations: Tighten fiscal policies as global risks rise

Speaking at a press conference during the IMF-World Bank Spring Meetings, Managing Director Kristalina Georgieva warned that while Africa’s long-term prospects remain strong, immediate policy tightening is needed to navigate looming economic shocks. While Africa has been home to some of the world’s fastest-growing economies in recent years, Ms Georgieva cautioned that low-income and conflict-affected nations risk falling further behind due to the indirect effects of weakening global demand.The IMF has already revised down growth projections for the continent. The impact of current economic shocks varies across Africa. Oil-exporting nations like Nigeria face budget pressures from falling crude prices, while oil importers, including Ghana, benefit from lower energy costs. However, Ghana’s recent decision to raise interest rates for the first time in nearly three years—contrasting with Egypt’s rate cut—reflects the differing policy needs across African economies.Ms Georgieva outlined key recommendations […]

Ahmad April 25, 2025

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CENTRAL

Atlantic Lithium appeals to government to help save Ghana’s first lithium mine

The company, which has invested approximately $70 million since 2016, is developing what would be Ghana’s first lithium mine.  The project, located near Mankessim in the Central Region, was expected to place Ghana among the world’s top 10 spodumene concentrate producers. However, sharp declines in lithium prices—down more than 80 per cent from their November 2022 peak—have thrown its future into uncertainty. “We have done the maths and it doesn’t make sense at all,” Atlantic Lithium's General Manager, Ahmed-Salim Adam, told Reuters. “We have written to the Minister of Lands and Natural Resources for urgent help on the fiscals. If not, the project cannot proceed.” Ghana, already Africa’s leading gold producer, had hoped to benefit from the growing global demand for electric vehicles (EVs) by establishing the Ewoyaa mine as a strategic source of lithium, a key component in EV batteries. […]

Ahmad April 24, 2025

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ASHANTI

GMA accuses Health Minister of overstepping role in Tamale hospital CEO’s removal

In a statement issued on Wednesday, April 22, 2025, jointly signed by the President of the GMA, Dr Frank Serebour and the General Secretary, Dr Richard Selormey, the association expressed concern about what it described as an “ill-informed media audit” into the death of a patient at the hospital. The GMA warned that the audit breached patient confidentiality and could expose the facility to legal risks.“The matter has already been tried in the court of public opinion, without any proper investigation,” the statement noted It also revealed that the head of the Emergency Unit had received threats and was facing cyberbullying, creating fears for the safety and mental well-being of staff The statement added that these actions, if allowed to continue, could discourage health workers and erode public trust in the healthcare system.While acknowledging the grief of the patient’s family […]

Ahmad April 23, 2025

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ASHANTI

Finance Ministry submits bill to Parliament to end sole-sourcing of power contracts

Finance Minister Dr Cassiel Ato Forson made the announcement on April 23 2025, during a session on the Ghana Energy Compact under Mission 300, organised by the World Bank. He said the proposed regulation is aimed at improving transparency in power procurement and securing better value for money.“We have submitted the LI to Parliament to make competitive procurement of power plants the standard approach,” Dr Forson said. “If we are serious about fixing the deep-rooted problems in the energy sector, this is a necessary step.” Dr Forson described the energy sector as the country’s most pressing economic challenge, revealing a current financial shortfall of about US$2 billion.He attributed much of the gap to inefficiencies across the energy value chain, particularly at the Electricity Company of Ghana (ECG).“ECG alone could reduce the shortfall by half if it addressed its internal challenges,” […]

Ahmad April 23, 2025

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ASHANTI

Government, GoldFields reach agreement on Damang mine transition

The Government of Ghana and GoldFields Ghana Limited have reached a transitional agreement for the operation of the Damang Mine. The agreement was announced in a statement signed by the Minister for Government Communications and Spokesperson to the President, Felix Kwakye Ofosu. It stated that under the new arrangement, a 12-month mining lease will be issued to GoldFields’ subsidiary, Abosso Goldfields Limited, while awaiting parliamentary ratification, which is expected in May 2025. During this period, GoldFields will resume open-pit mining activities to safeguard jobs and conduct feasibility studies to assess the mine’s reserves and future viability. In addition to mining, the processing of existing stockpiles will continue under the supervision of a joint management team made up of representatives from both the government and GoldFields. The two parties have committed to working in good faith to ensure a smooth transition […]

Ahmad April 23, 2025

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Ahafo

Bank of Ghana to begin cryptocurrency regulation by September — Governor Asiama

Speaking at the African Leaders and Partners Forum in Washington, D.C., held on the margins of the IMF/World Bank Spring Meetings, Dr Asiama said the move is pending the passage of the much-anticipated Virtual Asset Providers Act, which will formally empower the BoG to license and supervise operations in the digital asset space. To enhance the regulation of these platforms and assets, the Bank of Ghana is establishing a dedicated unit focused on digital assets,” Dr Asiama stated. “This is a technology we cannot prevent, hence the need to move fast to regulate it.”The central bank’s upcoming intervention comes at a time of rapid expansion in digital finance, with Ghanaian consumers and businesses increasingly engaging with cryptocurrencies such as Bitcoin and Ethereum, despite the absence of a clear regulatory framework. In August 2024, the BoG issued draft regulatory guidelines aimed […]

Ahmad April 23, 2025

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