news and current affairs.
Arnold Rips into Ziega Over TGMA Snub
Arnold Asamoah-Baidoo fired back at Nana Frimpong Ziega after harsh words about King Promise winning Artiste of the Year. Ziega attacked the Ghana Music Awards decision and said King Paluta should have taken the prize instead. Arnold called these statements wrong and harmful to the awards ceremony. He believes Ziega crossed the line with his public criticism of the results. The music industry expert wants Ziega to say sorry for his comments. Arnold defended the Ghana Music Awards system that has operated successfully for decades. He pointed out that the same judging process has worked fairly for 26 years without major problems. Arnold thinks Ziega should respect the long history of credible award decisions. The entertainment...
Cedi Rallies 24 Percent But No Fishy Business
Bank of Ghana Governor Johnson Pandit Asiama said the cedi became stronger because of good economic policies. He spoke at the Ghana CEO Summit on May 26 about currency gains during recent months. The cedi rose 24.1 percent against the US dollar since January started. Asiama stressed that strong market forces caused this improvement rather than government tricks. Central bank officials did not use foreign money reserves to boost the local currency value. The governor explained that smart monetary policy helped the cedi perform better against foreign currencies. Foreign exchange auction changes also supported the local currency during trading sessions. More money from Ghanaians abroad flowed back home to help the economy. Better market...
Mogtari Cheers Mahama Price Slash Plea
Joyce Bawah Mogtari loved what President Mahama told business leaders about lowering prices. The senior presidential advisor heard Mahama speak at the Ghana CEO Summit on Monday, May 26. Mahama asked companies to help customers save money after the cedi became stronger against foreign currencies. He thanked transport groups that had already cut fares for passengers. The president wants other businesses to follow the same path. Mahama promised that the government would keep spending under control to help companies make profits. He told business owners that fiscal discipline would continue during his leadership. Company leaders heard the president commit to maintaining a stable economic environment for their operations. Mogtari wrote on...
Mahama Vows Tight Belts to Escape IMF Grip
President Mahama promised to keep government spending under tight control as Ghana prepares to finish its International Monetary Fund program. He spoke at the Ghana CEO Summit on Monday, May 26, about responsible money management. The president wants Ghana to complete the IMF deal and leave the program by 2026. Officials plan to finish the fourth program review before June 2025 arrives. This step will help the country recover from its economic problems. Ghana will participate in Article IV talks after successfully completing the current program. The government plans to adopt the Policy Support Instrument framework for future cooperation. These actions show that Ghana wants to work with the IMF without borrowing more money. President...
Prof Out on 10M Bail in Sky Train Scandal
A judge granted Professor Christopher Ameyaw-Akumfi bail for 10 million cedis with two people backing him. The former Ghana Infrastructure Investment Fund chairman must find supporters who have land property around Accra. Courts ordered him to leave his passport and travel papers with officials. As part of his release terms, he must visit police investigators every seven days. The case returns to court on June 10 at nine in the morning. On Monday, May 26, Ameyaw-Akumfi said he was innocent of all criminal charges against him. He missed two earlier court dates because doctors said he had medical problems. Prosecutors accuse him of causing financial damage to the state and wasting public money. They also charge him with conspiracy to...
Top Ghana Ministries Snag Free Electricity
President Mahama approved free electricity for important government offices around Ghana. Cabinet members voted to help key state institutions avoid power cuts that hurt public services. Energy Minister John Jinapor announced the new policy to protect security and health operations. The exemptions start right away and cover only the most critical government work. Finance Ministry officials will pay for these electricity costs through the national budget. Defense offices can keep their military intelligence and emergency communication systems running without power bills. The Interior Ministry covers police stations and emergency response teams across the country. Health Ministry hospitals receive free power for operating rooms and...
Mahama Fires Up CEOs to Slash Prices After Cedi Rally
Joyce Bawah Mogtari praised President Mahama for asking businesses to lower their prices. The senior presidential advisor loved hearing the president speak at the Ghana CEO Summit on Monday, May 26. Mahama told business leaders to help customers save money after the cedi became stronger. He thanked transport companies that had already cut fares for passengers across the country. The president wants other companies to follow his example. Mahama promised that the government would keep spending under control to help businesses make profits. He assured company owners that fiscal discipline would continue during his administration. Business leaders heard the president commit to maintaining a stable economic environment. Mogtari wrote on...
Wontumi in Police Hot Seat After Failed Raid
Kennedy Agyapong helped Professor Christopher Ameyaw-Akumfi make bail for his criminal trial. The former Assin Central lawmaker served as surety for the 80-year-old academic. Ameyaw-Akumfi faces four serious charges related to the failed Accra Sky Train project. Prosecutors accuse him of causing financial loss to the state through bad decisions. The professor served as Board Chairman of the Ghana Infrastructure Investment Fund when problems occurred. Courts set bail at 10 million cedis after Ameyaw-Akumfi pleaded not guilty to all charges. Two people had to guarantee his court appearances before he could leave jail. Agyapong stepped forward to meet one of these requirements for the elderly defendant. The businessman and politician...
Agyapong Stumps Up Bail for Sky Train Scandal Professor
Kennedy Agyapong helped Professor Christopher Ameyaw-Akumfi make bail for his criminal trial. The former Assin Central lawmaker served as surety for the 80-year-old academic. Ameyaw-Akumfi faces four serious charges related to the failed Accra Sky Train project. Prosecutors accuse him of causing financial loss to the state through bad decisions. The professor served as Board Chairman of the Ghana Infrastructure Investment Fund when problems occurred. Courts set bail at 10 million cedis after Ameyaw-Akumfi pleaded not guilty to all charges. Two people had to guarantee his court appearances before he could leave jail. Agyapong stepped forward to meet one of these requirements for the elderly defendant. The businessman and politician...
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