Author: newsfilegh

Ghana’s economic narrative has taken a dramatic turn, with the nation’s currency, the cedi, emerging as a global frontrunner in 2025. Finance Minister Dr. Cassiel Ato Forson, speaking at the inauguration of the Ghana Gold Board (Goldbod), attributed this remarkable feat to the Mahama administration’s unwavering commitment to fiscal discipline and sweeping economic reforms. Dr. Forson highlighted the cedi’s stellar performance, noting its impressive 16.7% appreciation against the US dollar year-to-date as of May 13, 2025. This stands in stark contrast to the 13.4% depreciation witnessed during the corresponding period in 2024. The Minister proudly announced that the cedi had…

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As Ghana gears up for the second edition of the Ghana Automotive Summit on June 3, 2025, industry stakeholders are turning their focus to the country’s broader Ghana Automotive Strategy—a blueprint that has so far promised much but delivered less than expected. IMANI Africa, a leading policy think tank, has weighed in with a sharp analysis of what needs to be done for the strategy to succeed, urging the government to take concrete steps to resolve key bottlenecks stifling progress in the sector. The summit, themed “Towards the Future of Mobility,” will be held in Accra and aims to highlight…

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Georgina Amankwa (nee Baffoe), the mother of the late Kwabena Boadu, former aide to Vice President Dr. Mahamudu Bawumia, has accused him of being a liar and failing to fulfill a promise of compensation made to her family. Following the mysterious death of her son in 2016 while on a campaign trail with Dr. Bawumia, Madam Amankwa has expressed her disappointment in the Vice President’s failure to honor his pledge. Despite assurances of compensation due to Kwabena’s death in the line of duty, the family has yet to receive any form of reparation, leaving the mother feeling deceived and betrayed.…

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Despite consecutive drops in fuel prices and a stable Ghanaian cedi exchange rate, transport fares remain unyieldingly high across the nation. This situation raises concerning issues related to equity, transparency, and accountability within the public transport sector. In recent weeks, fuel prices at the pump have consistently decreased for the fifth consecutive pricing window, resulting in a total reduction of roughly GH₵3 per liter. This translates to substantial savings of about GH₵12 per gallon for drivers, easing their operational costs significantly. Additionally, the Ghanaian cedi has demonstrated resilience and stability, appreciating from approximately GH₵15 to a range between GH₵12 and…

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By Prince Ahenkorah Medical and dental professionals affiliated with the esteemed Ghana Medical Association have reason to celebrate as the Ministry of Finance steps in to waive a hefty GH₵3.29 million import duty on their recently imported vehicles. Acknowledging a plea from the Ministry of Health, Minister of Finance, Dr. Cassiel Ato Forson, has taken the decisive measure to exempt these dedicated professionals from import duty and VAT charges, showing solidarity with those serving on the front lines of healthcare. In an official letter addressed to the Ghana Revenue Authority, Dr. Forson referenced a direct request from the Ministry of…

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The National Petroleum Authority (NPA) is set to revolutionize the working conditions of fuel tanker drivers with a groundbreaking policy in the works to standardize their compensation. Mr. Godwin Kudzo Tameklo Esq., the Chief Executive of the NPA, unveiled plans for this transformative initiative, aiming to secure approval from the forthcoming Governing Board of the Authority. Addressing a gathering of gas tanker drivers at the Quantum Terminals in Anokyi, Mr. Tameklo’s announcement was met with resounding applause and beaming faces from the drivers. Emphasizing that the NPA draws allowances for tanker drivers from the Unified Petroleum Pricing Fund (UPPF) to…

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By Phillip Antoh The former Vice President and 2024 Presidential Candidate of the opposition New Patriotic Party (NPP), Dr. Mahamudu Bawumia, found himself in the United Kingdom shedding ‘crocodile tears’ to elicit sympathy from party supporters as he publicly begged for forgiveness following the NPP’s devastating loss in the 2024 general elections. Addressing a gathering in London, Dr. Bawumia, in a display that appeared contrived, confessed to a multitude of missteps that led to the party’s stunning defeats in crucial constituencies. Admitting fault, he lamented, “While the NPP achieved much, our execution was not flawless. We made numerous errors, and…

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By Philip Antoh Accra has once again succumbed to its perennial vulnerability to flooding, with a heavy downpour on Sunday, 18 May, leaving at least three dead and thousands displaced. The downpour, lasting close to three hours, exposed the capital’s inadequate drainage infrastructure and lax enforcement of building codes, triggering a familiar cycle of devastation. Ella Esiman Nongo, the Municipal Chief Executive of the Adentan Municipal Assembly, confirmed the fatalities, noting the tragic loss of two individuals in the burgeoning suburb of Lakeside, including a young girl from Nanakrom, and another man in the vicinity of New Legon. These casualties…

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Appeal To Stop Trial Flops, as victims yearn for Juctice By Phillip Antoh In a significant development in the protracted legal saga involving Nana Appiah Mensah, the Chief Executive Officer of the defunct Menzgold Ghana Limited, the Court of Appeal has decisively rejected his application seeking to halt the ongoing criminal trial against him. Mr. Mensah, widely known as NAM1, had approached the appellate court to suspend the criminal proceedings initiated against him at the High Court. This application was filed concurrently with an appeal challenging an earlier High Court ruling that mandated him to present his defense in the…

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As Land Grabbers Move In By Prince Ahenkora HEARTBREAKING scenes have emerged from Adenta as hard-working farmers are being CRUSHED by greedy developers who are SNATCHING their precious farmlands! Furious farmers have revealed how they are being squeezed out of existence, with the few remaining plots they rely on for their livelihoods being BULLDOZED by money-hungry builders. Their cries for help were heard by Deputy Food and Agriculture Minister, Hon. John Dumelo, who swooped in with a donation of 1,000 bags of fertilizer. But the farmers made it clear – FERTILIZER WON’T GROW ON CONCRETE! Speaking at the Trasaco handout…

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