Author: SAMUEL

The Ghana Cocoa Board (COCOBOD) has settled coupon payments worth GH¢2 billion to investors of its restructured cocoa bills. Joy Business understands that the payments were made on Monday, September 1, 2025, to investors holding these instruments. Following the Domestic Debt Exchange Programme, the restructured bills are now classified as bonds. The restructuring, which mainly affected commercial banks, saw the cocoa bills converted into bonds. Sources indicate that COCOBOD has assured investors it will honour coupon payments of about GH¢1.9 billion due in 2026 and 2027, as well as the principal, on schedule. This new arrangement for COCOBOD was facilitated…

GCB Bank has unveiled plans to become the official payment gateway for Ghanaian TikTok creators, offering a direct and transparent channel for earnings from the platform. A delegation led by GCB’s Chief of Staff, Abraham Ferguson, met with Communications and Digital Technology Minister Samuel Nartey George and TikTok’s West Africa representative, Tokumbo Ibrahim, to discuss the proposal. Ferguson said the bank’s infrastructure, already linked to Mastercard and Visa, could handle direct payouts onto cards, mobile money, or bank accounts, cutting out costly third-party intermediaries. Minister George welcomed the initiative, describing it as a way to protect creators’ earnings and strengthen…

Ghana will reopen its embassy in Tehran on Tuesday, 16 September 2025, after a three-month closure triggered by escalating hostilities between Iran and Israel, the Ministry of Foreign Affairs has announced. The mission was shut down in June amid security concerns for staff and the Ghanaian community. But in a statement released in Accra, the Ministry said conditions had improved enough to allow for the safe resumption of operations. “With the improvement in the security situation in Iran, a decision has been taken for the Embassy to resume its operations,” the statement read. Officials stressed, however, that Ghana remains cautious.…

The New Patriotic Party (NPP) has petitioned the Inspector General of Police, Christian Tetteh Yohuno, over what it describes as criminal conduct by two leading members of the National Democratic Congress (NDC) during the Akwatia by-election held on Tuesday, September 2, 2025. The petition, signed by NPP General Secretary, Justin Frimpong Kodua, accused the NDC National Vice Chairman, Awudu Sofo Azorka, popularly known as Chairman Azorka, and the party’s Abuakwa North Constituency Communications Officer, Abdul Wahab Amadu, of threatening violence and assaulting party officials during the polls. According to the NPP, Chairman Azorka was captured in a video making threats…

The leadership of the Ghana Registered Nurses and Midwives Association (GRNMA) has issued an unqualified apology to the Minister for Health, Kwabena Mintah Akandoh, following recent media attacks directed at him. The apology follows the August 17, 2025, incident at the Greater Accra Regional Hospital’s Emergency Department (GARH), which sparked widespread public outcry after video footage of the confrontation went viral. Members of the Association were alleged to have confronted the Minister in the aftermath of the reported assault. During a meeting with the Minister on September 3, he accepted the apology and urged the Association to prioritise dialogue and…

On 19th August 2022, an agreement was executed between Ministry of Finance, MoF, representing the Republic of Ghana and the Afreximbank for a loan of $750 million. On 25th August 2022, the $750 million was disbursed by Afreximbank, of which $716,775,844.87 was disbursed to the EURO and US Dollar segregated accounts at BoG and $33,224,155.13 paid out as finance charges. The government then decided to realign and use the entire loan for some specific road projects. Among these is the Ofankor to Nsawam road project. The Ofankor to Nsawam Road was allocated – $200 million (Ghc1.65 billion then). The entire…

President John Dramani Mahama has urged contractors working on the Ofankor-Nsawam Road project to ensure that traffic continues to flow smoothly throughout the construction period. Speaking during a working visit to the project site on Wednesday September 3, Mr. Mahama, who was accompanied by the Minister of Roads, noted the improvement in traffic conditions and expressed hope that this would be sustained until the project’s completion. “I can see that drivers are happy now and I hope that from now till when you finish the project you will maintain a smooth flow of traffic even as you are working so…

Management of the Korle-Bu Teaching Hospital has proposed increasing its GHC2 levy on patients to GHC5 to cater for the Intensive Care Unit of the Children’s Ward. Management asserts that approximately 64 per cent of patients in the ICU of the Children’s Ward are unable to pay for services rendered to them, as these services are not covered by the National Health Insurance Scheme (NHIS). The Chief Executive Officer of the Korle-Bu Teaching Hospital, Dr. Yakubu Seidu Adam, made this known during a visit to the health facility by the Health Committee of Parliament on Wednesday, September 3, 2025 “We’re…

The General Secretary of the New Patriotic Party (NPP), Justin Frimpong Kodua, has said the 15,235 votes secured by the party’s candidate, Solomon Kwame Asumadu, in the Akwatia by-election demonstrate the NPP’s enduring strength in the constituency. Certified results released by the Electoral Commission on Tuesday, September 2, 2025, declared Bernard Bediako Baidoo of the National Democratic Congress (NDC) winner with 18,199 votes out of 33,819 valid ballots cast. Solomon Kwame Asumadu of the NPP followed with 15,235 votes, while Owusu Patrick of the Liberal Progressive Party (LPP) obtained 82 votes. A total of 303 ballots were rejected. Speaking on…

The New Patriotic Party (NPP) has strongly condemned what it describes as threats of death and acts of physical assault made by key members of the opposition National Democratic Congress (NDC) against leading NPP figures. In a press statement signed and issued by its General Secretary, Justin Kodua Frimpong, on Wednesday September 3, the NPP accused Chief Sofo Azorka, the 1st National Vice Chairman of the NDC, and Alhaji Abdul Wahab Amadu, the Abuakwa North Constituency Communication Officer, of issuing death threats against Minority Leader Alexander Afenyo-Markin, NPP National Organiser, Henry Nana Boakye, and MP, Frank Annoh-Dompreh. The party also…