Author: SAMUEL
The Bank of Ghana (BoG) has officially designated Digital Credit Services as a Non-Bank Financial Service under the First Schedule of the Non-Bank Financial Institutions Act, 2008 (Act 774). In a public notice issued on Friday, August 29, 2025, the central bank explained that the move is part of broader efforts to expand access to financial services and deepen financial inclusion across the country. The BoG, however, stressed that the designation does not automatically authorize entities to provide digital credit services. Existing and new providers must still comply with regulatory requirements under Act 774. “The Bank of Ghana will in…
The University of Ghana will soon see the construction of a 10,000-bed student hostel following a new partnership agreement reached during President John Dramani Mahama’s recent state visit to Singapore. The project, cemented through a Memorandum of Understanding (MoU), forms part of a broader package of bilateral deals aimed at strengthening cooperation in housing, infrastructure, energy, and aviation between Ghana and Singapore. Key agreements include affordable housing projects involving Rock Africa, Robin Village Development, GIIF, and Uni Premier; the supply of mass flow meters and tracking systems by Rock Africa and Ascent Solutions; the construction of a new oil jetty…
Finance Minister Dr. Cassiel Ato Forson has renewed calls for a fairer international framework to address Africa’s spiraling debt burden, which has now exceeded US$1.3 trillion. Speaking in Accra after receiving a petition from the African Regional Organization of the International Trade Union Confederation (ITUC-Africa) and the Trade Union Congress (TUC) of Ghana, Dr. Forson acknowledged the urgency of the crisis but cautioned that wholesale rejection of debt repayment was not a feasible solution. “Africa cannot simply declare a refusal to pay its obligations. What is needed is a fairer and more sustainable arrangement that reflects the realities of heavily…
President John Dramani Mahama has made history as the first Ghanaian Head of State to be officially invited on a State Visit to Singapore trip that delivered over US$1 billion in investment commitments across multiple sectors of Ghana’s economy. The landmark visit produced a series of high-impact partnerships under President Mahama’s Reset Agenda, covering housing, infrastructure, trade, education, and technology. Key Investment Partnerships 1. OLAM Projects (US$200m): Establishment of a 43,000-metric-ton pasta processing plant set to open next year, alongside poultry and aquaculture feed plants – projected to create 4,000 jobs. 2. Shangri-La Investment (US$300m): Construction of a green, ultra-modern…
Social media has been buzzing with heated debate after some Ga citizens passionately called on authorities to replace or amend signage at key national monuments and entry points to reflect the Ga language. Currently, the Kotoka International Airport welcomes travelers with the iconic “Akwaaba”— a Twi expression for “welcome.” While this has long been regarded as Ghana’s universal greeting, members of the Ga-Adangme community argue that the airport sits on Ga land, and so their word “Oobake” should be equally highlighted. The same concerns have been raised about the Kwame Nkrumah Mausoleum, where “Akwaaba” (Twi) and “Woezor” (Ewe) are boldly…
The Presidency has announced that donations towards the Children Support Fund, set up to cater for the welfare of the children of victims of the August 6, 2025 helicopter crash, have so far amounted to GHC 3,576,600 and US$20,000. The contributions were received between August 19 and 28, 2025, from a cross-section of corporate institutions and individuals responding to the national appeal launched to support affected families. The Fund was established to ensure that the children left behind receive proper care, education, and welfare support in the wake of the tragic incident. In a public update issued on Friday, August…
A new survey by Global Info Analytics has projected a likely victory for the National Democratic Congress (NDC) candidate, Bernard Bediako, in the upcoming Akwatia by-election scheduled for Tuesday, September 2, 2025. The poll, conducted between August 27 and 28 with a sample size of 2,050 voters across the constituency, shows Bediako leading with 53%, while his closest contender, Solomon K. Asumadu of the New Patriotic Party (NPP), trails at 47%. This marks a significant shift from the baseline poll, which had Asumadu slightly ahead at 50% compared to Bediako’s 44%. The survey also sheds light on the factors shaping…
Ashanti Regional Minister, Dr Frank Amoakohene believes that for the fight against illegal mining to succeed, a united effort will be necessary. He believes that the scattered efforts currently will not help win the fight. In a Facebook post, he backed the decision to withdraw the IGP’s Anti-Galamsey task force from the field in order to help streamline the fight against galamsey. He said in his post that ” My stance on the fight against illegal mining is simple: it must be well-coordinated and all-inclusive. Currently, the Lands Minister has NAIMOS, the IGP has a team, and other individuals operate…
The latest poll by Global Info Analytics has predicted a win for the National Democratic Congress (NDC) in the Akwatia by-election. According to the latest poll, NDC’s candidate Benard Baidoo leads by 53% and is likely to win the election. The New Patriotic Party’s Solomon Kwame Asumadu lags with 47% in the latest polls. The NDC’s 53%, according to Global Info Analytics, is propelled by voters who want development and SHS and tertiary voters who preferred Baidoo by a larger margin. Akwatia goes to the polls to elect a Member of Parliament on September 2, 2025. The by-election became imperative…
Minority leader Alexander Afenyo Markin has called on all five aspirants in the race to become flagbearer of the New Patriotic Party (NPP) to conduct their campaign with decorum. According to him, they should avoid any form of divisive tendencies and remain focused on the bigger goal of building a stronger NPP and advancing national development. He believes that their decision to contest is an important step in deepening the party’s internal democracy and strengthening the party’s traditions. “I extend my warm congratulations to all the five (5) Presidential Aspirants of the New Patriotic Party (NPP: Development in Freedom) who…