Amin Adam: NDC Doing PR With $1.4bn Debt Payment

Amin Adam: NDC Doing PR With $1.4bn Debt Payment

Former Finance Minister, Dr. Mohammed Amin Adam, has accused the National Democratic Congress (NDC) government of engaging in excessive public relations over its handling of energy sector debts. In a Facebook post, Dr. Amin Adam argued that the payment of $1.4 billion in energy sector arrears, highlighted in the 2025 Budget presented by the NDC administration, was not unprecedented. He noted that the previous New Patriotic Party (NPP) government had settled a similar amount in 2024 without fanfare. “The NDC government does PR with everything. Paying Energy Sector debts of $1.4 billion is not new. As captured in the 2025...

Israeli Quadcopter Kills Three In Gaza’s Khan Younis; Police Chief Slain

Israeli Quadcopter Kills Three In Gaza’s Khan Younis; Police Chief Slain

Three Palestinians have been killed in the southern Gaza Strip in Israel’s latest violation of October’s ceasefire in its genocidal war on the besieged enclave, according to sources in Gaza, as an anti-Hamas militia has claimed an attack that has killed a senior security officer. An Israeli quadcopter drone struck down three Palestinians in Khan Younis on Monday, the sources told Al Jazeera. According to the sources, a Palestinian woman was also wounded by Israeli gunfire in the al-Batn al-Sameen area of Khan Younis. The attacks came after Israeli army forces carried out air strikes and shelling across several parts of...

Deputy Education Minister Raises Alarm Over Schools Missing Sanitation Facilities

Deputy Education Minister Raises Alarm Over Schools Missing Sanitation Facilities

Deputy Minister of Education, Dr. Clement Apaak, has criticised the construction of certain school facilities without toilet amenities, describing the omission as a major flaw in the system. He voiced his concerns when he appeared before Parliament’s Public Accounts Committee (PAC) in Accra on Monday, January 12, to respond to questions regarding infrastructure projects financed by the Ghana Education Trust Fund (GETFund) and the Metropolitan, Municipal and District Assemblies (MMDAs). Dr. Apaak stressed that the issues raised by the committee should deeply worry all stakeholders in the education sector, as they expose significant shortcomings in the planning and execution of...

IPGs Confirm Settlement of Legacy Arrears, Reaffirm Commitment to Ghana’s Energy Stability

IPGs Confirm Settlement of Legacy Arrears, Reaffirm Commitment to Ghana’s Energy Stability

The Independent Power Generators (IPGs), Ghana, have confirmed the settlement of a substantial portion of long-standing payment arrears owed to power generation companies, describing the development as a major milestone toward restoring stability and confidence in the country’s energy sector. In a statement issued on Monday, the IPGs commended the Government of Ghana, through the Ministry of Finance and the Ministry of Energy and Green Transition, for successfully addressing legacy arrears that have burdened the power sector for several years. The group noted that payments made in 2025 to independent power producers marked a turning point in improving the financial...

Charge Ofori-Atta and stop the public commentary – Frank Davies tells AG

Charge Ofori-Atta and stop the public commentary – Frank Davies tells AG

A member of the legal team of former Finance Minister Ken Ofori-Atta, Frank Davies, has called on Attorney-General Dr. Dominic Ayine to either formally charge his client or stop making public comments about an ongoing offshore investigation, which he says remains inconclusive. Mr. Davies said the Attorney-General’s repeated public disclosures about the investigation undermine due process and create the impression of guilt without a court determination. He argued that the constitutional role of the Attorney-General is to conduct investigations discreetly and prosecute where there is sufficient evidence, not to litigate matters in the media. Speaking on JoyNews’ News Desk on Monday, January...

BoG Governor Defends Gold-for-Reserves Policy, Confirms End of Gold-for-Oil Programme

BoG Governor Defends Gold-for-Reserves Policy, Confirms End of Gold-for-Oil Programme

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has mounted a firm defence of the central bank’s new direction in mineral resource management, stressing the need to safeguard the Gold-for-Reserves initiative while admitting that key reforms are required to clear operational hurdles. Appearing before Parliament’s Public Accounts Committee (PAC) on Monday, January 12, 2026, Dr. Asiama delivered a detailed briefing on the discontinuation of the contentious Gold-for-Oil (G4O) scheme and the subsequent shift toward an aggressive reserve accumulation strategy under the Gold-for-Reserves (G4R) policy. With the G4O programme now phased out, the BoG has redirected its full...

Domestic Gold Purchase Programme Records Billions in Losses – Bank of Ghana

Domestic Gold Purchase Programme Records Billions in Losses – Bank of Ghana

The Bank of Ghana has confirmed significant financial losses under the Domestic Gold Purchase Programme (DGPP), contradicting claims by the NPP Minority Caucus that the initiative incurred no losses since its inception. In a formal response dated January 12, 2026, to a Right to Information (RTI) request from Asempa FM, the central bank provided audited figures detailing losses from 2022 to 2024, with 2025 data pending external audit confirmation. According to the Bank’s Financial Markets Department, total net losses under the DGPP—including Gold for Oil (G4O) and Gold for Reserves (G4R) components—amounted to: GH₵74.44 million in 2022 GH₵1.37 billion in...

Nine Suspects Remanded Over Assault on Police Officers in Obuasi

Nine Suspects Remanded Over Assault on Police Officers in Obuasi

 The Obuasi Circuit Court has remanded nine suspects into prison custody following a viral video that captured an assault on police officers at the Tweapease Senior High School Park. The suspects, identified as Joshua Frimpong (alias Joey B), Bannor Williams, Isaac Dwumfour (alias Sporty), Evans Bannor (alias Pressure King), Asiedu Ronald (alias Case Close), Sarfo Alex (alias Okele), Yaw Alex, Obidiaba Desmond, and Agyemang Emmanuel, were arraigned before the court on 8 January 2026. They face charges of assault on public officers. According to police reports, the incident occurred at the Tweapease Senior High School Park, where the suspects, together...

Parliament Pays Tribute to Late Ayawaso East MP, Hon. Naser Toure Mahama

Parliament Pays Tribute to Late Ayawaso East MP, Hon. Naser Toure Mahama

 The Parliament of Ghana has paid solemn tribute to the late Member of Parliament for Ayawaso East Constituency, Hon. Naser Toure Mahama, who passed away on 4 January 2026, just days after commencing his fourth term in the House. The tribute, read by the First Deputy Speaker of Parliament, Hon. Bernard Ahiafor, described Hon. Naser as a “cherished colleague, a dedicated public servant, and a true gentleman of the House,” whose calm dignity and humility left an indelible mark on Ghana’s legislature. Parliamentary Career Hon. Naser Toure Mahama first entered Parliament on 7 January 2013 on the ticket of the...

Government Clears $1.47 Billion Energy Sector Debt, Restores Stability and Credibility

Government Clears $1.47 Billion Energy Sector Debt, Restores Stability and Credibility

The Government of Ghana, under the leadership of President John Dramani Mahama, has decisively resolved the crippling energy sector debt that had posed one of the gravest risks to the nation’s financial stability. When President Mahama assumed office in January 2025, the energy sector was on the brink of collapse following years of persistent non-payment for gas supplied from the Offshore Cape Three Points (OCTP) field. The situation had led to the complete depletion of the World Bank Partial Risk Guarantee (PRG) of US$500 million, a safeguard established in 2015 to underpin nearly US$8 billion in private sector investment through...