Author: newsfilegh

Fitch Ratings has upgraded the nation’s Long-Term Foreign-Currency Issuer Default Rating from ‘Restricted Default’ (RD) to ‘B-‘ with a Stable Outlook. This significant leap signals a potential turnaround in Ghana’s relentless pursuit of economic stability. The upgrade comes on the heels of Ghana’s successful restructuring of a whopping $13.1 billion in Eurobonds back in October 2024. This, coupled with improved engagement with its external commercial creditors, has clearly caught Fitch’s eye. According to Fitch, only $2.6 billion of external debt is left on the chopping block, with a mere $700 million of that figure categorized as commercial debt. This dramatically…

By Philip Antoh The Youth Employment Agency (YEA) has entered into a Memorandum of Understanding (MoU) with CAMFED Ghana to support deprived girls and Persons with disabilities (PWDs) by creating decent job opportunities throughout the country. During the signing ceremony, YEA CEO Mr. Malik Basintale highlighted that more females than males participated in the recent BECE, marking a positive change from previous trends. “CAMFED has provided many benefits, particularly in my region, and all of this shows that CAMFED is active. Therefore, we find it essential to collaborate with them to develop the country together,” he stated. Mr. Basintale emphasized…

…. Bold Vision for Economic Boom and Regional Stability By Leo Nelson President John Dramani Mahama has delivered a powerful address at the 2025 Ghana-European Union Partnership Forum, charting a course for a “resilient, inclusive, and sustainable future” built on mutual respect and shared ambition. The Ghanaian leader didn’t mince words, painting a vivid picture of a maturing alliance poised to tackle global challenges head-on. Mahama kicked off by showering praise on the EU delegation and all participants, calling the forum a “vital platform of cooperation.” He emphasized that the dialogue transcended mere pleasantries, embodying a tangible commitment to common…

By Leo Nelson In a bold move challenging the government’s handling of illegal mining, pressure group Democracy Hub has hauled the state to the High Court, demanding an immediate halt to the deportation of foreign nationals involved in galamsey without due prosecution under Ghanaian law. The group argues that the current practice of deporting foreign galamsey suspects bypasses the nation’s legal framework and violates constitutional protections, asserting that these individuals must face the full force of Ghanaian law, just like local citizens. Filed in the High Court, the lawsuit seeks several declarations and orders to compel the government to prosecute…

By Leo Nelson Despite a much-touted increase in the 2025 national budget for education, Ghana is still miles away from meeting global standards. A damning report by Africa Education Watch (Eduwatch) reveals the nation’s financial commitment to schooling remains woefully inadequate, casting a dark shadow over its ability to hit critical sustainable development goals. The report, a deep dive into the first budget under President John Dramani Mahama’s administration, pulls no punches. It meticulously dissects the figures, laying bare the stark reality against principles of allocation efficiency and Ghana’s international promises on education funding. While the government boasts a projected…

By Prince Ahenkorah The President of the Republic of Ghana, John Dramani Mahama, has revealed that future Metropolitan, Municipal and District Chief Executives (MMDCEs) may no longer be appointed, but rather elected, in line with growing public demand for greater accountability and inclusiveness in local governance. Addressing participants at an orientation and training programme organized for MMDCEs on Wednesday, June 18, the President highlighted the possibility of a major constitutional shift that could redefine how MMDCEs are selected. He noted that the current system of appointing these local government leaders could soon be phased out, depending on the outcome of…

Fiery legal scholar and governance expert Professor Stephen Kwaku Asare has unleashed a scathing critique of the New Patriotic Party’s (NPP) proposed internal reforms, labelling them a “strategic power grab” rather than a genuine attempt at renewal. He warns that the controversial roadmap threatens to undermine both party democracy and the integrity of Ghana’s political system. Speaking with The New Republic, Prof. Asare, a Democracy and Development Fellow at CDD-Ghana, tore into the NPP’s “dangerous” sequencing of internal elections. The party’s timetable shockingly prioritizes polling station elections in December 2025 and presidential primaries in January 2026, leaving the crucial election…

– Expose Politicians in $100m romance scam By Gifty Boateng The walls are closing in on Ghana’s political elite. Whispers of “official complicity” are growing louder as busted culprits of romance crime in police custody drop names of politicians who have benefited from proceeds of the infidel financial crime. Our intelligence indicates that previous attempts to apprehend these fraudsters two years ago mysteriously fizzled out, raising serious concerns about potential high-level protection. Even worse, this paper has gathered that, since their arrest, several politicians and business chiefs have been running over each other to rescue the suspects who are currently…

…as mobile money takes 97% Digital Transactions In a blunt assessment of Ghana’s financial landscape, the Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, delivered a powerful message to the nation’s banking giants today: adapt or be left behind in the digital revolution. Speaking at the Ghana Association of Banks (GAB) Industry Thought Leadership Event, Dr. Asiama practically threw down the gauntlet, urging traditional banks to embrace “open banking” and shared digital identity systems to compete with the surging power of mobile money and fintech. The Governor’s words served as a stark reminder of the shifting sands…

…Boakye Agyarko Slams Move as ‘Roofing a Building Without Foundation’ By Prince Ahenkorah The New Patriotic Party (NPP), has announced that the party’s presidential primaries will take place on Saturday, January 31, 2026. This decision was reached during a critical meeting of the party’s National Executive Committee (NEC) on Tuesday, June 17, 2025. The General Secretary, Justin Frimpong Kodua, made the announcement, marking the beginning of an important race to select the party’s flagbearer for the upcoming 2028 general elections. Meanwhile, former NPP presidential aspirant, Boakye Agyarko, has described the move by the party as roofing a building before digging…