Author: newsfilegh

NACOC officials at Swiss Port, near Kotoka International Airport, have successfully seized a staggering 89.74 kilograms of a suspected cocaine shipment bound for the Netherlands. The courageous operation, executed on Wednesday night, exposed seventy-three slabs of the illicit substance hidden in the cargo. The diligent efforts of the Narcotics Control Commission have led to the detention of four Ghanaian suspects by security agencies. Deputy Director General Alexander Twum Barima confirmed the arrest, attributing the success to a routine search operation. Intelligence also played a vital role in this accomplishment. Investigations are currently ongoing to verify the authenticity of the confiscated…

A new report from the Centre for Research on Multinational Corporations (SOMO) and ActionAid Ghana exposes how World Bank-backed projects have prioritised corporate profits while draining Ghana’s public funds. The World Bank Group must be held accountable for the devastating consequences of its energy policies in Ghana. Instead of fostering sustainable growth, the Bank has locked the country into crippling debt, energy insecurity, and fossil fuel dependency. A Rigged Energy System That Benefits Corporations, Not Ghanaians Through controversial lending and questionable financial guarantees that shield foreign investors, the World Bank has played a key role in burdening Ghana with obligations…

By Akwasi Opong-Fosu Monetisation of politics has entrenched itself so deeply in our political culture that it now threatens the very foundation of democratic governance. From internal party contests to national elections, money has become the primary currency of political power—not ideas, not competence, not public service. Delegates, in many instances, demand financial and material incentives as a matter of routine. This expectation has trickled down to the general electorate, where voters increasingly see financial inducements as a condition for exercising their civic right to vote. What was once considered electoral malpractice is now seen by many as political norm.…

Gold prices could surge to $5,000 an ounce if tensions between the United States and China continue to escalate, predicts global financial advisory giant deVere Group. The analysis from CEO Nigel Green comes as the precious metal continues to rally aggressively, breaching fresh all-time highs above $3,450 in Asian trading on Tuesday. The momentum is intensifying as the global investment community braces for what could become a prolonged, entrenched economic war between the two largest economies in the world. Nigel Green, CEO of deVere Group, says: “The world is watching a strategic decoupling of the world’s two largest economies in real…

The Catholic community in Ghana and all over the world, was thrown into mourning when Pope Francis died on Easter Monday at the age of 88. A statement by the Vatican said the 88-year-old pontiff died following a stroke and subsequent irreversible heart failure at 07:35 local time (06:35 BST). The Catholic Pope had been down with sickness before he passed away. In his tribute, President John Dramani Mahama, in his post on X, formally known as Twitter, said the late Pope Francis’ legacy of “compas¬sion, humility, and commitment to social justice will continue to inspire generations.” He fondly recalled…

Finance Minister, Dr Cassiel Ato Forson, has described the energy sector as the biggest economic threat currently facing the country. Speaking during a deep-dive session on the Ghana Energy Compact under Mission 300 at the World Bank, he warned that the sector is grappling with a financial shortfall of approximately $2 billion annually. Dr Forson, stressed that the magnitude of the shortfall surpasses Ghana’s domestic capital expenditure and must be treated with urgency. He said the crisis cannot be resolved through tariff adjustments alone, pointing instead to the need for comprehensive reforms across the entire energy value chain. “The problem…

A group of professionals in the built environment sector, has thrown its full support behind the appointment of Professor Anthony Owusu-Ansah, as the Acting Executive Secretary of the Lands Commission. The group described the appointment as both timely and well-suited for the strategic direction of the Lands Commission, praising Prof. Owusu-Ansah as a “decent, disciplined, and astute professional.” They expressed disappointment over attempts by some unnamed individuals to label the academic as a sympathizer of the New Patriotic Party (NPP), calling such efforts “unfortunate and misleading.” “Professor Owusu-Ansah is known for his unwavering commitment to professional excellence and national development,…

President John Dramani Mahama has provided an update on the health status of Vice President Prof Naana Jane Opoku-Agyemang, assuring Ghanaians that she is recuperating well and in high spirits. Speaking at the official launch of the nationwide distribution of sanitary pads to over two million girls on Thursday, April 24, President Mahama conveyed warm regards from the Vice President, who was notably absent at the event. “I wish to extend the greetings of Jane Naana Opoku-Agyemang to all of you. I spoke to her yesterday and I told her we were going to miss her at this event because…

Four individuals have been arrested following the interception of a cargo shipment containing suspected cocaine by the Narcotics Control Commission (NACOC) on Wednesday, April 23. The operation took place at the Swiss Port, where NACOC officials uncovered a total of seventy-three (73) slabs of a concealed substance believed to be cocaine. The suspected narcotics, weighing approximately 89.74 kilograms, were reportedly being packaged for export to the Netherlands. Authorities say the interception was a result of intelligence-led operations aimed at curbing international drug trafficking through Ghana’s ports. The four suspects, whose identities have not yet been disclosed, are currently in NACOC…

Lawyers for Bernard Antwi Boasiako, the Ashanti Regional Chairman of the New Patriotic Party (NPP), popularly known as Chairman Wontumi, say they are yet to receive any official communication from the Financial Intelligence Centre (FIC) regarding reports of a freeze on his bank accounts. Recent media reports claimed the FIC had frozen all accounts linked to Chairman Wontumi and his company, Akonta Mining, over alleged financial irregularities. The freeze, according to reports, was carried out under Section 56(1) of the Anti-Money Laundering Act, 2020 (Act 1044), which empowers the FIC to restrict access to financial accounts when there is reasonable…