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Bank of Ghana Suspends Taptap Send’s Money Transfer Service.

The Bank of Ghana (BoG) has temporarily suspended Taptap Send's remittance service to Ghana due to violations of local financial regulations. The suspension, effective from November 8, 2024, halts all money transfers from abroad via Taptap Send for one month. The BoG cited issues with the company's operation of a cedi remittance wallet, which breaches the Foreign Exchange Act and guidelines for inward remittance services. Taptap Send has informed its users of the disruption and is working to restore the service. The suspension serves as a warning to other financial institutions to adhere to Ghana's regulations or face strict penalties.

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Ghana Seeks Malaysian Investment to Boost Palm Oil Production.

Ghana is calling on Malaysian investors to partner with local firms to develop the country's oil palm industry and reduce its reliance on imports. At a recent business forum in Accra, key industry players emphasized the potential for collaboration to speed up Ghana's self-sufficiency in palm oil production. Despite Ghana's current annual production of 300,000 tonnes, the demand stands at 450,000 tonnes, creating a deficit of 150,000 tonnes. The government aims to close this gap through the work of the Tree Crops Development Authority (TCDA) and strategic partnerships. By leveraging Malaysia's expertise in sustainable palm oil production, Ghana hopes to create a thriving industry that can serve the African market.

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NGOs Boost Menstrual Hygiene and Health Screening for Northern Ghana Communities.

Afrika Nyornu, a health-focused non-profit organization, partnered with three other NGOs—Ladies of Marshall, Charity Centre for Capacity Building and Development (CHACDET), and Newage Agric Solutions—to host a health education event for schools and communities in Northern Ghana. The initiative focused on Menstrual Hygiene Management (MHM) education and cervical cancer screenings, aiming to empower local women and students with essential health knowledge and services.More than 2,000 students, including boys, learned about menstrual hygiene, while around 300 women received cervical cancer screenings in the communities of Boaterigu, Botanga, and Tamale. The workshops followed guidelines from WASH United, a Berlin-based NGO, to engage young people effectively. Gifty Maloe Nartey, Executive Director of Afrika Nyornu, expressed gratitude to the partner organizations and called for more support to extend vital health services to other underserved communities.

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President Akufo-Addo Inaugurates Cardinal Namdini Gold Mine in Upper East.

In a significant development for Ghana’s mining sector, President Nana Akufo-Addo inaugurated the Cardinal Namdini Mining Limited's (CNML) new gold mine in the Talensi District, Upper East. Owned by Chinese firm Shandong Gold Group, this large-scale, open-pit mine has a 15-year operational timeline, aiming to extract 5 million ounces of gold from 150 million tonnes of ore. With a $600 million investment, the project enters the production phase, offering new employment opportunities and regional economic upliftment. President Akufo-Addo emphasized environmental and community development responsibilities, highlighting CNML’s plans for a regional airport.

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MUSIGA Celebrates 50 Years of Championing Ghanaian Music with Golden Jubilee Launch.

The Musicians Union of Ghana (MUSIGA) has kicked off its Golden Jubilee celebrations to mark 50 years of promoting and championing the growth of Ghanaian music. The landmark event is a significant milestone in recognizing MUSIGA's contributions to the music industry, showcasing its role in supporting local musicians and elevating Ghana's rich music heritage.

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Aboboyaa’ Rider Jailed 6 Months for Killing Two-Year-Old in Road Accident, Ordered to Pay GHS6,000 Compensation.

Kofi Gideon, a 20-year-old "Aboboyaa" (motor tricycle) rider, has been sentenced to six months in prison by the Bibiani District Court for causing the death of a two-year-old child in an accident. Gideon, who faced charges including dangerous and careless cycling, riding without a license, and using an unregistered vehicle, pleaded guilty to all charges.In addition to his sentence, the court ordered Gideon to pay GHS6,000 in compensation to the child’s mother, Mary Hagan. Although the sentences for each charge totaled several months, they will run concurrently. The court noted the serious nature of the offense and Gideon's initial payment of GHS2,000 toward burial costs as mitigating factors.The tragic incident occurred on May 30, 2023, when Gideon, speeding in an unregistered tricycle, lost control and struck the child, Samuel Annor Kojo, near Bibiani’s Amanano Rural Bank. The child was pronounced […]

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You Don’t Erect, Unveil Your Own Statue’ – Mahama Criticizes Akufo-Addo.

John Dramani Mahama, flagbearer of the National Democratic Congress (NDC), recently criticized President Nana Addo Dankwa Akufo-Addo over the unveiling of a statue in his own honor. Mahama, speaking at a campaign rally, questioned the humility of the act, suggesting that the President should let others recognize his achievements.The statue, located at the entrance of the Effia-Nkwanta Regional Hospital in Sekondi, was unveiled during Akufo-Addo's “thank you” tour of the Western Region. According to Western Regional Minister Kwabena Okyere Darko Mensah, it honors Akufo-Addo's contributions to regional development, including the hospital's renovation, the construction of a three-tier Sinohydro interchange, and the redevelopment of Takoradi Market Circle.

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Ghana and Côte d’Ivoire Join Forces for Maritime Security and Boundary Reaffirmation.

In a collaborative effort to maintain and secure territorial waters, Ghana and Côte d'Ivoire have committed to joint inspections of their international maritime boundaries, aligning with the 2017 International Tribunal for the Law of the Sea (ITLOS) ruling. The two nations aim to prevent unauthorized exploitation of marine resources and bolster economic and environmental protections.The agreement, formalized through a communique following a two-day technical meeting in Accra, will see joint naval patrols begin next year, overseen by the Ghana Boundary Commission (GhBC) and Côte d’Ivoire Boundary Commission (CNFCI). Both parties also pledged to complete a significant portion of the land boundary reaffirmation exercise by 2025, extending their work over 450 kilometers of their shared border.Representatives Major General Emmanuel Kotia of the GhBC and Konate Diakalidia of the CNFCI emphasized that this cooperation underscores a commitment to peaceful boundary management and […]

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Akufo-Addo Unveils Statue Honoring Himself at Effia-Nkwanta Hospital.

President Nana Akufo-Addo has unveiled a statue of himself at Effia-Nkwanta Regional Hospital in Sekondi, marking his contributions to the Western Region. The unveiling took place during his "thank you" tour of the region on November 6. In his address, Akufo-Addo highlighted his administration’s accomplishments, stating he has fulfilled 80 percent of his promises to Ghanaians.He urged citizens to support Vice President Dr. Mahamudu Bawumia in the upcoming elections, endorsing him as the right candidate to continue the policies his administration has initiated. The President highlighted the Free Senior High School (SHS) policy as his most transformative legacy.Western Regional Minister Kwabena Okyere Darko Mensah, who attended the event, explained that the statue represents the President’s dedication to regional development, citing projects such as the rehabilitation of Effia-Nkwanta Regional Hospital, the Sinohydro interchange, and the Takoradi Market Circle redevelopment. However, these […]

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Cocoa Farmers in Ghana Hoard Beans Amid Price Hike Anticipation.

Cocoa farmers in Ghana, the world's second-largest cocoa producer, are currently hoarding beans in anticipation of higher prices, as confirmed by industry sources to Reuters. This trend of stocking beans may impact the global cocoa supply, which is still recovering from a challenging harvest season.The extent of this hoarding remains unclear, but multiple farmers and officials from the state regulator Cocobod have noted a slowdown in bean purchases due to this practice. One farmer shared, “I have more than 300 bags, but I won’t sell. I will only sell after Christmas,” reflecting a collective hope that prices will rise.This behavior seems to stem from remarks made by Vice President Mahamudu Bawumia, who suggested a potential increase in prices for farmers. Although Bawumia later clarified that there would be no price adjustment unless there is a significant price disparity with neighboring […]

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