Author: Krobea

Ghana’s Cedi, which posted historic gains in 2025, faces potential volatility in 2026 as commodity prices, regional security risks, and global interest rates create external pressures, according to EM Advisory. In 2025, the cedi strengthened by 30% against the dollar, supported by high gold prices, cocoa exports, and central bank interventions. Analysts caution that sustaining this performance will require careful management amid rising fiscal and external risks. “The cedi’s strength last year was remarkable, but 2026 will test whether stability can be maintained without IMF oversight,” the report said. Ghana’s reserves, bolstered by domestic gold purchases and FX interventions, reached…

President John Dramani Mahama has called for an emergency cabinet meeting over recent troubles in the cocoa sector. According to a post by the Minister of Government Communication, Felix Kwakye Ofosu, the meeting will be held on Wednesday, February 11. It is to “address all issues affecting the cocoa sector”. There has been a standoff between farmers and the Ghana Cocoa Board (COCOBOD) regarding non-payment of purchased produce. The farmers have threatened to a boycott as most of them are owed by the government. The Chief Executive Officer (CEO) of COCOBOD, Dr Randy Abbey, has, however, attributed the situation to…

The Minister for Roads and Highways, Governs Kwame Agbodza, has taken a swipe at his predecessor, Francis Asenso-Boakye, over delays in the Suame Interchange project, highlighting what he described as misplaced priorities under the previous administration. According to Mr Agbodza, the NPP government’s expenditure of over $100 million on the National Cathedral could have financed at least half of the Suame Interchange project in Kumasi. “Over $100 million was spent on the National Cathedral,” the Roads Minister said, responding to criticisms from Mr Asenso-Boakye regarding the redesign of the interchange. “With that amount, you could have completed half of the…

In a significant gesture of compassion, the National Health Insurance Authority (NHIA) has donated GH¢800,000 to the Ghana Medical Trust Fund (GMTF), also known as Mahama Cares, to support patients living with chronic non-communicable diseases (NCDs). The contribution, raised voluntarily by NHIA management and staff, is intended to provide critical financial assistance to those in urgent need of care. The donation was announced in a Facebook post by the GMTF on Monday, February 9, highlighting the timing of the gift as symbolic for February, the month of love. “In this month of love, management and staff of the National Health…

Parliamentary Candidate-elect of the National Democratic Congress (NDC) for next month’s by-election in the Ayawaso East Constituency Baba Jamal Mohammed Ahmed has denied inducing voters in last Saturday’s primaries. Appearing before a three-member committee probing the allegations of vote buying and voter inducement during the primaries, Baba Jamal said he reiterated his innocence to the committee. “I used the opportunity to reiterate my innocence and firmly deny any attempt on my part to induce voters,” he stated after meeting the committee. He insinuated that he does not fear loss as he had contested the late Member of Parliament twice and…

Ghana’s tourism and creative arts sectors offer significant potential to diversify the economy and generate employment in 2026, according to EM Advisory. They stressed that the recovery of global travel and cultural interest presents a unique opportunity to monetise Ghana’s rich heritage. The advisory notes that the ‘Year of Return’ campaign demonstrated strong diaspora engagement and demand for cultural tourism. “Investments in air connectivity, hotel capacity, and destination marketing could position Ghana as a premier African destination for tourists and creative professionals,” the report said. Tourism and the arts also create jobs quickly, especially for youth. From hospitality and transport…

Asante Kotoko Head Coach Abdul-Karim Zito Kabutey has resigned from his role withediate effect, the club has announced. The on Monday, February 9 followed the club’s failure to defend the MTN FA Cup after exiting at the Round of 16. “Management has accepted the resignation, expressed its appreciation to the coach for his services and wished him the best for the future,” a statement by the club noted. The decision also comes after a string of poor results, culminating in the 2-4 penalty loss to Aduana FC in the 2025/26 MTN FA Cup. Pressure was mounting on Karim Zito, who…

The police at the Kwame Nkrumah University of Science and Technology (KNUST) in collaboration with the university’s security services have begun investigations into the death a second-year student. Master Ransford Amankwah Asomani, a Bachelor of Science in Agribusiness Management student, is reported to have fallen off the second floor of his hostel, off campus, in the early hours of Sunday, February 8. “He was immediately rushed to the KNUST Hospital by his colleagues, with support from the KNUST District Police Patrol Team,” a press release signed by the University Relations Officer, Dr Daniel Norris Bekoe, on Monday explained. “But [he]…

The Minister for Roads and Highways, Governs Kwame Agbodza, has argued that the construction of the Kumasi Outer Ring Road has rendered the original four-tier Suame Interchange design unnecessary. The Minister said the new road corridor significantly reduces traffic pressure at Suame, making a revised interchange design more appropriate. “The Kumasi Outer Ring Road offers an even more appropriate connection from the N10 at Akom to the N6 at Boankra and shortens travel time between the northern and southern parts of the country,” the Minister said. He added that most long-distance traffic would bypass the city centre once the project…

The Minister for Roads and Highways, Governs Kwame Agbodza, has sharply rebuked his predecessor, Francis Asenso-Boakye, over delays in the Suame Interchange project in Kumasi, accusing the former minister and the previous government of failing the people of the Ashanti Region. According to Mr Agbodza, the ongoing debate over the modification of the interchange would not have arisen if the project had been completed by 2024 as promised by the NPP government. “You failed the people of the Ashanti Region,” Mr Agbodza said in a statement responding to criticisms from Mr Asenso-Boakye regarding the redesign of the interchange. “If the…