Author: Constance Awunor
Constance Awunor specializes in business, finance and economic developments across Ghana and beyond. She focuses on market trends, entrepreneurship and policies affecting young professionals and emerging industries. Her writing simplifies complex financial topics, empowering readers to stay informed and make smarter decisions. Constance graduated from University of Cape Coast with a degree in Communication Studies. Connect with her at constance@yocharley.com
Ghana’s Ministry of Sports and Recreation has denied responsibility for the travel arrangements of the men’s 4x100m relay team ahead of the World Athletics Relays in Botswana. In a statement issued on May 4, the Ministry said decisions on arrival times, acclimatisation and preparation are determined by the sports federation in line with international competition protocols, not the Ministry. “The Ministry wishes to state clearly that arrival timelines and competition preparation schedules are determined by federation engagements and international competition protocols, and not by the Ministry,” the statement said. The response follows criticism from members of the relay team, who…
President of the Ghana Football Association, Kurt Okraku, has expressed concern over injuries affecting key Black Stars players ahead of the 2026 FIFA World Cup. Ghana’s preparations have been hit by fitness issues involving Abu Francis, Mohammed Kudus and Mohammed Salisu, raising doubts about their availability for the tournament. Speaking on the sidelines of the FIFA Congress in Vancouver, Okraku admitted the situation is worrying but remains hopeful. “I know we have some challenges with injuries to key players. When I look at the list, it’s quite worrying,” he said, adding that Ghana’s resilience and unity can help the team…
John Dramani Mahama has proposed a new law to criminalise the demand for sexual or romantic relationships in exchange for jobs. He described the practice as exploitative and unacceptable. The President made the call on Saturday, May 2, during a town hall meeting at Adweso in Koforidua. The event marked the end of his two-day Resetting Ghana Tour of the Eastern Region. Addressing participants, Mr Mahama condemned what he described as an abuse of power by some employers. He said some men demand intimate relationships from women before offering them jobs. “One of the worst things… is that sometimes employers…
Staff at the Fidelity Bank branch at Oyarifa in Accra have praised an unemployed graduate who returned GH¢4,000 he found at an ATM. Emmanuel Appiah Boateng discovered the cash on April 25 while trying to withdraw money using his wife’s card. He had been unemployed for nine months and needed funds for family expenses, but instead found the money left in the ATM tray. Faced with a difficult choice, he decided to report the incident rather than keep the cash. He contacted the bank’s helpline and followed instructions on how to handle the situation. Two days later, on April 27,…
A preliminary probe by the Greater Accra Passenger Transport Executive has found no record of revenue from 60 Aayalolo buses moved to Kumasi in 2018. Managing Director Awudu Dawuda said the findings point to weak accountability and poor planning. He has ordered an independent audit to determine how the buses were transferred, how they were managed, and what happened to the revenue. The audit is expected within a month. Missing revenue and grounded buses Mr Dawuda said not a single pesewa from the Kumasi operations has reached GAPTE since 2018. Initial checks also showed that 44 of the buses are…
The Nsuta Circuit Court in the Ashanti Region has fined 40-year-old driver Azizu Charles GH¢2,400 for dangerous driving and causing harm. In default, he will serve one year in prison after pleading guilty to the charges. Presiding judge, His Lordship Simon Nketia Gagah, delivered the ruling on April 29, 2026. Prosecutor, Detective Chief Inspector Kofi Owusu Kodua, told the court that the incident occurred on March 14, 2026, along the Kumasi–Mampong highway near Kona. According to the prosecution, the convict was driving a Toyota Hiace commercial bus with 14 passengers from Kumasi to Wiamoase when he veered into the opposite…
The Narcotics Control Commission (NACOC) has seized 5 million tablets of Tapentadol (250mg) in a major anti-drug operation, arresting four suspects linked to the shipment. The consignment, which was being transported in a 40-foot trailer, was intercepted during an intelligence-led operation while en route to Niger. Authorities describe the bust as one of the largest pharmaceutical drug seizures in recent times, highlighting the scale of the illicit trade in controlled substances across the region. In a statement issued on April 30, 2026, NACOC confirmed that the four suspects are currently in custody and assisting with ongoing investigations. The individuals are…
The Bank of Ghana expects the relative stability of the cedi to continue, with no return to the sharp appreciation recorded in 2025, according to the Head of its Financial Markets Department, Gershon Kudjo Agbledzorwu. Speaking on The Key Points on Saturday, May 2, he described the currency’s 41% appreciation in 2025 as a “correction” of earlier distortions rather than a trend likely to be sustained. “What we saw in 2025… is a kind of correction,” he said, adding that both IMF assessments and independent studies suggest the cedi is not overvalued. “Going forward, we expect the currency to be…
The International Jazz Day concert in Accra turned into a long but engaging night of music. It took place on April 30, 2026, at +233 Jazz Bar & Grill. The biggest moment came when the Ghana Jazz Orchestra made its first public appearance. The event formed part of global celebrations. In Accra, the focus stayed on local talent. Many young musicians also took part. A strong first showing The Ghana Jazz Orchestra drew a lot of attention before it came on stage. The group has a full brass and rhythm section. It includes trumpets, trombones, saxophones, bass, drums, piano and…
The Bank of Ghana recorded an operating loss of GH¢15.6 billion in 2025. This is up from GH¢9.4 billion in 2024. The new figures show an increase of about GH¢6.2 billion. The Bank released the data in its latest audited financial statements.Negative equity also worsened. It rose from GH¢58.62 billion to GH¢93.82 billion. Total assets increased to GH¢237 billion from GH¢215 billion. Total liabilities climbed to GH¢333 billion from GH¢276 billion. What drove the losses High monetary policy costs drove the losses. The Bank spent more to control inflation and manage liquidity. Open Market Operations jumped by about 95% to…