Author: newsfilegh

Kwame Asare Obeng, the Member of Parliament for Gomoa Central, has mounted a robust defence of an ambitious Gomoa Central Special Economic Zone (GC-SEZ) development project proposed for his constituency, insisting it is realistic and enjoys unprecedented backing from President John Dramani Mahama and key state institutions.

The International Finance Corporation (IFC) has underscored its long-term support for Ghana’s private sector, highlighting flagship investments that have strengthened the country’s position in energy, logistics and manufacturing.

Assessing Ghana’s economy under President John Mahama remains premature, though early indicators appear encouraging, former GNPC chief executive Dr Kofi Koduah Sarpong has said.

Speaking in a televised discussion with journalist Umaru Sanda, Dr Sarpong said initial economic signals under the Mahama administration point to relative improvements in key macroeconomic areas, including the exchange rate, interest rates and inflation.

“I think it’s too early, but there are obviously good signs,” he said, urging observers to acknowledge recent gains while remaining cautious about long-term outcomes.

Dr Sarpong, however, raised questions about the sustainability of the apparent stability, noting that debates persist over the government’s interventions in the economy. He stressed that while policy actions may be yielding short-term relief, their durability must be carefully assessed over time.

Responding, Sanda agreed that sustainability remains central to the discussion, particularly amid concerns about market interventions.

Dr Sarpong cautioned against drawing hasty conclusions, arguing that economic management should be evaluated holistically, taking into account the full range of fiscal, monetary and structural factors shaping Ghana’s recovery trajectory.

In a move aimed at strengthening Ghana’s power sector, government officials have held a comprehensive engagement with key stakeholders, including the Trades Union Congress (TUC), the Public Utilities Workers’ Union (PUWU), the Electricity Company of Ghana (ECG), the Northern Electricity Distribution Company (NEDCo), and representatives from various utility institutions.

Ghana has begun negotiations with the family of Guinea’s first president, Ahmed Sékou Touré, to take possession of the house where Osagyefo Dr Kwame Nkrumah lived and worked during his final years as co-president of Guinea.

The Ghana Shippers’ Authority (GSA) has announced the deferment of the rollout of the Smart Port Note (SPN), originally scheduled to take effect on 1 February 2026.

The Ghana Gold Board has officially signed a Gold Refining Agreement with Gold Coast Refinery Company Limited, marking a significant milestone in Ghana’s efforts to enhance local value addition and strengthen its gold value chain.

Ghana and China have signed a $30 million grant agreement to support the construction of a university in Damongo, underscoring deepening development cooperation between the two countries.

The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has successfully closed down galamsey operations polluting the River Bisi in the Ahafo Region.

The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has intensified its campaign against illegal mining, disrupting galamsey activities in the Western Region.