Author: Constance Awunor

The Ministry of Energy and Green Transition, led by Dr. John Jinapor, has directed all agencies under its purview to submit concept notes on how they plan to implement a 24-hour economy in their operations. Deputy Minister Richard Gyan-Mensah announced the directive on March 31 in Accra during the signing of a memorandum of understanding between the National Petroleum Authority (NPA) and the 24-Hour Economy Secretariat. He emphasized that the initiative is a process, not an event, aimed at boosting productivity beyond standard working hours and stimulating national economic growth. Godwin Eduidzi Tameklo, CEO of the NPA, highlighted the benefits…

Ghana’s inflation rate continued its downward trend in March 2026, falling slightly to 3.2% from 3.3% in February, according to the Ghana Statistical Service. Compared to March 2025, when inflation stood at 22.4%, this represents a remarkable 19.2 percentage point year-on-year decline. This sustained disinflation, now in its 15th consecutive month since January 2025, reflects growing macroeconomic stability in the country and the lowest inflation level recorded since the 2021 rebasing exercise. While the overall annual inflation shows significant improvement, monthly price movements indicate a more nuanced picture. Between February and March, prices rose modestly by 0.1%, suggesting only a…

GCB Bank PLC has reported an exceptional financial performance for the 2025 financial year, becoming the first bank in Ghana to exceed GH¢3 billion in profit. The bank recorded a profit before tax of GH¢3.2 billion, representing a 67.4% increase compared to the previous year. Its operating income also reached GH¢6.3 billion, with both figures described as industry-leading achievements. The bank further maintained a strong position across key indicators, including deposits, loans, and total assets. Managing Director Farihan Alhassan attributed the milestone to consistent strategic execution and strong customer trust. He noted that surpassing the GH¢3 billion mark reflects years…

The Association of Chartered Certified Accountants (ACCA) Ghana has urged organisations to implement intentional, system-wide reforms to tackle ongoing barriers hindering women’s career advancement, cautioning that improvements in hiring have not led to equal progress in leadership representation. Speaking at ACCA Ghana’s International Women’s Day 2026 event in Accra, themed “Making equity a reality in a changed world,” PwC tax expert Mrs. Ayesha Bedwei Ibe highlighted that although more women are joining the workforce, deep-rooted structural issues continue to restrict their progression into senior roles. Referencing global statistics, she pointed out that women occupy roughly 29% of senior leadership positions,…

The Minister for Roads and Highways, Kwame Governs Agbodza, has directed contractors on new road projects to collaborate closely with the Ghana Highways Authority to ensure that all designs are aligned with Ghana’s planned electronic tolling system. He gave the directive during an inspection of ongoing road works in Accra, including the expansion of the Accra–Tema Motorway. The minister emphasized that incorporating tolling technology at the design stage would help prevent expensive modifications later and ensure a smooth rollout of the system when it becomes operational. He noted that a third-party firm will handle the design of the tolling infrastructure,…

The Special Prosecutor, Kissi Agyebeng, has cautioned that ongoing political interference continues to undermine the work of the Office of the Special Prosecutor (OSP), describing the institution as a constant target for those seeking to weaken its authority. Speaking at a national dialogue on the OSP’s focus on Tuesday, March 31, Agyebeng revealed that the office’s survival has partly depended on the support of John Dramani Mahama. He suggested that without such backing, the anti-corruption body might have been dissolved, especially amid reports that the Majority in Parliament had prepared a bill to scrap it. According to him, many politicians…

President Mahama Signs Five Key Bills into Law, Boosting Security, Education, and Finance Reforms President John Dramani Mahama has assented to five bills passed by Parliament, marking a significant step in reforming Ghana’s security, education, and financial sectors. The legislation was signed into law on Tuesday, March 31, 2026. The new laws include: Security and Intelligence Agencies Act, 2026 University of Engineering and Agricultural Sciences Act, 2026 Ghana Deposit Protection (Amendment) Act, 2026 Growth and Sustainability Levy (Amendment) Act, 2026 Education Regulatory Bodies (Amendment) Act, 2026 Security Reforms: President Mahama explained that the Security and Intelligence Agencies Act abolishes the…

A Russian‑flagged oil tanker loaded with roughly 730,000 barrels of crude oil has reached the Cuban port of Matanzas, breaking a months‑long de facto U.S. fuel blockade that had left the island nation in a deep energy crisis. (Reuters) The vessel   the Anatoly Kolodkin   arrived on Tuesday, marking the first substantial crude oil shipment to dock in Cuba in over three months amid ongoing shortages. The delivery comes after U.S. President Donald Trump signaled last weekend that he “had no problem” with foreign countries sending fuel to Cuba to address urgent needs, even though Washington has maintained strict sanctions and…

A wave of unconventional beauty treatments is taking over social media, from salmon sperm injections to bird-dropping facials. While they may sound strange at first, some of these trends are rooted in science but experts say the evidence is still evolving. At a leading aesthetic clinic in Seoul, one of the most in-demand procedures involves injecting purified DNA fragments derived from salmon sperm into the skin. Known as polynucleotide therapy, the treatment targets the dermis the layer responsible for skin strength and elasticity. According to dermatologist Kyu‑Ho Yi, the goal isn’t to add volume like traditional fillers but to stimulate…

The government is preparing to introduce a new Loans Act aimed at tightening controls on public borrowing and ensuring that all debt contracted delivers measurable value to the economy. Finance Minister Dr. Cassiel Ato Forson announced the policy direction following the signing of Ghana’s 11th bilateral debt restructuring agreement with EXIM India, describing the move as part of a broader reset of the country’s debt management strategy. According to the Minister, the proposed legislation will strictly define the permissible uses of borrowed funds, with a clear requirement that every loan be linked to high-impact, value-for-money investments. The law is expected…