Thursday, April 18

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Report Reveals 850,000 Ghanaians Pushed into Extreme Poverty in 2022
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Report Reveals 850,000 Ghanaians Pushed into Extreme Poverty in 2022

A report by the Women in Informal Employment: Globalizing and Organizing (WIEGO) has revealed that 850,000 Ghanaians, mostly women, were pushed into extreme poverty in 2022 due to a combination of factors, including high levels of government debt, the closure of international markets to Ghana, and global disruptions to the supply chain as a consequence of the war in Ukraine. The research, conducted in October 2023, discovered that despite Ghana making a slight recovery from the COVID-19 pandemic in 2021, most of these 850,000 Ghanaians became vulnerable to inflationary pressures, leading to a cost-of-living crisis. The report highlighted that the steep depreciation of the cedi, Ghana's currency, was a major contributing factor to the high inflationary pressure. As Ghana relies h...
Rising Cost of Living in Ghana Plunges Informal Sector Workers into Poverty
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Rising Cost of Living in Ghana Plunges Informal Sector Workers into Poverty

The escalating cost of living in Ghana is hitting hard at workers, especially those in the informal sector, driving many into abject poverty. The increasing prices of essential goods and services, including food, transportation, and accommodation, are squeezing the budgets of low-income households, forcing them to adopt more frugal lifestyles to cope with the financial strain. A recent report by the Women in Informal Employment Globalizing and Organizing (WIEGO) titled “Navigating Inflation: Impacts of the Cost-of-Living Crisis on Workers in Informal Employment in Accra, Ghana,” sheds light on the stark reality faced by informal sector workers in the country. The report highlights the exacerbated challenges faced by these workers as they struggle to meet their basic needs amidst...
MASLOC CEO jailed: State begins processes to extradite Sedina Tamakloe – Tuah-Yeboah
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MASLOC CEO jailed: State begins processes to extradite Sedina Tamakloe – Tuah-Yeboah

Sedina Christine Tamakloe Attionu, Former CEO of MASLOC The Deputy Attorney-General, Alfred Tuah-Yeboah, has disclosed that the State has set processes in motion to extradite the former CEO of the Microfinance and Small Loans Centre (MASLOC), Sedina Christine Tamakloe Attionu, into the country to face the full rigour of the law. The Financial and Economic Court 2 of the Accra High Court on Tuesday, April 16, convicted and sentenced Sedina Tamakloe to 10 years of imprisonment for causing financial loss to the state to the tune of GHS90 million. Also, the Director of Operations, Daniel Axim, was handed a 5-year jail term. Reacting to the ruling by the court, Deputy Attorney General Alfred Tuah-Yeboah indicated that the MASLOC CEO would be extradited. “We’ve started the proces...
EOCO Exonerates Ministry of Roads and Highways in Bribery and Corruption Probe
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EOCO Exonerates Ministry of Roads and Highways in Bribery and Corruption Probe

The Ministry of Roads and Highways has been cleared of bribery and corruption allegations by the Economic and Organised Crime Office (EOCO), following investigations into claims made by former GIMPA Rector, Prof. Stephen Adei. In a press release dated April 12, 2024, the Ministry stated that EOCO found Prof. Adei's comments to be "unfortunate and general within the context of perceived corruption in the country." The investigations concluded that the allegations were unsubstantiated and highly presumptuous. Prof. Adei had claimed in an October 2023 interview that bribes determined who gets awarded road contracts, alleging that individuals seeking contracts were asked for an upfront payment of GH¢1 million. However, the Ministry had refuted these claims, asserting that the aw...
Asante Gold: UK returns looted Ghana artefacts after 150 years
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Asante Gold: UK returns looted Ghana artefacts after 150 years

V&AThe V&A is lending 17 items including an Asante gold ring (top left), a gold badge worn by the king's "soul washer" and a ceremonial pipe The UK has returned dozens of artefacts looted from what is today Ghana - more than 150 years after they were taken. Some 32 gold and silver items have been sent on long-term loan to the country by the Victoria & Albert Museum (V&A) and the British Museum. They were stolen from the court of the Asante king, known as the Asantehene, during 19th century conflicts between the British and powerful Asante people. The objects are expected to be returned to the current king on Friday. His chief negotiator, Ivor Agyeman-Duah, told the BBC that the objects are currently in "safe hands" in Ghana ahead of them being formally recei...
“Over 700 Ghanaian Products Absorbed Under AfCFTA’s Guided Trade Initiative” – Pres Akufo-Addo
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“Over 700 Ghanaian Products Absorbed Under AfCFTA’s Guided Trade Initiative” – Pres Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has during the State visit of the President of Guinea-Bissau Umaro Mokhtar Sissoco Embaló, announced the giant strides being made by Ghanaian products under the Guide Trade Initiative of the African Continental Free Trade Area. Following the maiden roll out of the Guided Trade Initiative, President Akufo-Addo said, over 700 AfCFTA self-defined products from Ghana such as cosmetics, processed foods, coconut oil, Shea butter and garments, have been rolled out and targeted by the AfCFTA market under the Guided Trade Initiative which was launched in October 2022.                      Speaking at a Joint Press conference ...
Digitalization Crucial To Continuing Advancement Of Justice System – VP Bawumia
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Digitalization Crucial To Continuing Advancement Of Justice System – VP Bawumia

The Vice President and Flagbearer of the NPP, Dr. Mahamudu Bawumia, has underscored the  indispensability of digitalization in the advancement of Ghana's justice system. Speaking at the launch of LEADing Justice, an acronym for the framework of the vision of the Chief Justice, Her Ladyship Justice Margaret Torkonoo, in Accra on Monday April 8, 2023, Dr. Bawumia said, digitalization, which is a significant feature of the Chief Justice's vision framework, and other elements, are significant to the realisation of the Chief Justice's vision, as well as the  transformation of the overall justice delivery system in Ghana. "As we have learnt today, the vision of the Honourable Lady Chief Justice hinges on the fundamental pillars of law, ethics, assets management, due process ...
Cocoa farmers dissatisfied with 58.26% price increase 
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Cocoa farmers dissatisfied with 58.26% price increase 

Cocoa farmers across Ghana are expressing frustration in response to the recent announcement of new farmgate prices for cocoa beans. The Ghana Cocoa Board (COCOBOD) announced a 58.26 percent increase, setting the price at GH¢33,120 cedis per ton for the 2023/2024 crop season. This decision, according to COCOBOD, aims to distribute the benefits of soaring global cocoa prices and discourage the smuggling of cocoa beans. However, the Ghana National Cocoa Farmers Association has voiced strong opposition to the increase, stating it is inadequate. President of the association, Stephenson Anane Boateng asserts that cocoa farmers are being unfairly treated. “Cocoa has been raised globally to $10,000 per metric ton. So if you compare, and you convert to our currency, it is running i...
AfCFTA-Focused Afro-Italian Relations Deepened With Pres Mattarella’s Visit To Ghana
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AfCFTA-Focused Afro-Italian Relations Deepened With Pres Mattarella’s Visit To Ghana

The President of the Republic, Nana Addo Dankwa Akufo-Addo and his Italian counterpart, His Excellency Sr.  Sergio Mattarella has taken the longstanding Italy-Ghana relations a notch further following the post-easter state visit of President Mattarella to Ghana on Friday 5th April, 2024. The purpose of this visit by the Italian President to Ghana is to re-affirm the ties of cooperation and the bonds of friendship that the two countries attach to their relations with each other and explore trade ties with the continent under the ambit of the African Continental Free Trade Area.   Pushing towards strengthening intra-Africa trade, President Akufo-Addo called on Italy to lend its support to the African Continental Free Trade Area (AfCFTA), whose Secretariat is located in Accra...
2 adults of same sex face stiffer punishment in Ghana than a 70-yr-old man who marries a 14-yr-old girl – Gabby
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2 adults of same sex face stiffer punishment in Ghana than a 70-yr-old man who marries a 14-yr-old girl – Gabby

A leading member of the New Patriotic Party (NPP) Gabby Otchere Darko has reiterated his opposition to the custodial sentencing in the anti-gay bill passed by Parliament. He observed that the antigay bill imposes harsher punishment on homosexuals than on a 70-year-old man who marries a 14-year-old girl. His comments come at a time Chief Priest, Nuumo Borketey Laweh XXXIII, the 63-year-old Gborbu Wulomo of Nungua married a 12-year-old girl, Naa Okromo. In a post on his x platform, Mr Otchere Darko said “In Ghana, you face a maximum jail term of 12 months if you force a minor into marriage, according to Children’s Act 1998 (Act 560). “Once assented, the law that seeks to presumably protect our family values (which ignores child marriage by the way) will impose a prison sentence ...