Author: newsfilegh

Deloitte Sounds Alarm on “Urgent System Overhaul”. The ground is shaking beneath Ghana’s non-life insurance sector as a staggering 21.9% VAT rate is unleashed on general insurance products. The government’s new tax law, aimed at filling its coffers, has sent shockwaves through the industry, with leading advisory firm Deloitte issuing a dire warning: act now or face ruinous penalties A New Tax Era, A New Threat As of July 2025, a sweeping new tax regime is in full effect. Following the passage of the VAT (Amendment) Act 2023, all non-life insurance products—excluding motor insurance—are now subject to an eye-watering…

The Ministry of Tourism, Culture and Creative Arts has strongly refuted claims circulating on social media that cast aspersions on the professionalism and conduct of the sector Minister, Hon. Abla Dzifa Gomashie. A statement issued by the Ministry’s Public Relations Unit described the accusations as “wholly unfounded” and “gravely misleading,” aimed at tarnishing the hard-earned reputation of the  Minister. “These assertions, portraying the Minister as disrespectful and unprofessional, are not only wholly unfounded but also gravely misleading –They represent a blatant mischaracterisation of an individual who has consistently demonstrated humility, dedication, and tireless service to the cultural advancement of our…

Fashion in Ghana has always been more than just clothing. It’s a vibrant tapestry woven with culture, identity, and history. Over the decades, it has evolved from traditional, handcrafted attire to a dynamic, modern scene where young Ghanaians are leading a new movement of creativity and sustainability. The Roots of Ghanaian Fashion For centuries, Ghana’s diverse ethnic groups each had their distinct styles. The Ashanti people are famous for the iconic Kente cloth, a symbol of prestige and history, while the Batakari smock from the north is still widely worn, especially by chiefs and political figures. These traditional garments were…

The National Insurance Commission (NIC) has unveiled a groundbreaking strategic direction aimed at expanding insurance coverage to Ghana’s informal sector, which represents the largest share of the nation’s workforce. The initiative aligns with the government’s economic reset agenda and seeks to provide much-needed financial security and hope to a demographic that has historically been underserved by the insurance industry. Announcing the plan at the 3iC Inclusive Insurance Innovation Challenge in Accra, Commissioner of the NIC, Dr. Abiba Zakariah emphasized that the informal sector, which accounts for about 80 percent of Ghana’s total workforce, has long been overlooked in insurance penetration…

Cocoa price reforms implemented by the government have come under scrutiny and defense in equal measure, with Hon. Eric Afful, Member of Parliament for Amenfi West and Chairman of Parliament’s Economic Development Committee, offering clarity on how current cocoa pricing is improving the welfare of Ghanaian farmers. Amid political debate over the real impact of the latest producer price, Afful argued that the figures reflect a comprehensive improvement in both local currency value and farmers’ purchasing power. According to the MP, the adjustments made under the National Democratic Congress (NDC) administration reflect a substantial shift in the distribution of the…

Top Ministers and Military Personnel Perish in Chopper Crash. Ghana is reeling from a catastrophic tragedy after a military helicopter crash claimed the lives of eight individuals, including two prominent ministers and several military officers. The nation has been plunged into a state of shock and mourning as details of the horrific incident emerged, sparking a national conversation about the safety of government travel. The ill-fated Z-9 aircraft, a workhorse of the Ghana Armed Forces, went down while ferrying high-level officials to Obuasi for the launch of a government-led mining initiative. The victims were en route to the unveiling of…

 Board Chair Vows Accountability. Former officials of the Ghana Cocoa Board (COCOBOD) who presided over the institution’s near-total collapse are not off the hook. This is according to the current board chairman, Samuel Ofosu Ampofo, who confirmed that the previous administration is being held accountable for their actions at various investigative bodies. The revelation comes amid fierce criticism from the Minority in Parliament over the newly announced cocoa producer price, which they have labeled a “stab in the back” to hardworking farmers. Speaking on the matter, Ofosu Ampofo stated that while the process is not being broadcast publicly, officials are…

As Ghana’s Economic Ship Finally Steadies. In a rare piece of good news for Ghanaian households battered by years of economic turbulence, the nation’s inflation rate has plummeted to a four-year low of 12.1% in July 2025. This significant drop, revealed by the Ghana Statistical Service (GSS), marks the lowest figure since October 2021 and signals a potential turning point in the country’s protracted battle against soaring prices. The July figure, a dramatic decrease from June’s 13.7%, marks a 1.6 percentage point drop and reinforces a seven-month streak of disinflation. It’s a remarkable recovery from the peak of 23.8% recorded…

Over stolen Lambu Banter with EOCO. GHANAIAN dancehall sensation Shatta Wale has sensationally threatened to invoke a powerful deity to prove his innocence after his luxury Lamborghini was seized by police. The flamboyant musician, real name Charles Nii Armah Mensah, declared he would travel to Kumasi and call upon the dreaded Antoa deity if authorities dare to suggest he is lying. “If they take whatever I said beyond the Bible and someone says I’m lying, I swear, we’ll go to Kumasi to see Antoa,” the star roared in a viral video. The shocking development comes after the Economic and Organised…

The Executive Director of the Ghana National Council of Private Schools (GNACOPS), Mr. Enoch Obengfo Kwasi Gyetuah, has praised the National Democratic Congress (NDC) government for acknowledging the role of private education in the country by including them in the Free Senior High School Policy. He stated that Ghana’s education cannot be defined without the input of private schools, so he welcomes this new development to ensure that private schools can benefit from the policy. Mr. Gyetuah disclosed that at least 60 private schools have begun the pilot project, and more private schools will be added in the future as…