News
CSOs cry for govt, private sector support

Civil Society Organisations (CSOs) in Ghana are in dire need of support from the government and private sector to run their activities.
This was disclosed at the launch of the 2022 CSO Sustainability Index Report by the Institute for Democratic Governance (IDEG) in Accra, on the theme, ‘Ghana’s Economic Crisis: Threats and Opportunities for CSO Sustainability.’
The report captured seven areas including, Legal Environment, Organisational Capacity, Financial Viability, Advocacy, Service Provision, Sectoral Infrastructure and Public Image.
Presenting the report, a Development Consultant, Mr Douglas Quartey said most CSOs received support and funding from foreign organisations which was not sustainable because they were overburdened by the huge number of registered CSOs in the country.
“Foreign donors remained the main source of funding for most CSOs. The major donors in 2022 included bilateral and multilateral bodies such as USAID, UK Aid Direct, European Union, German Agency for International Cooperation and Embassy of Netherlands,” he stated.
He said the ongoing changes in the funding landscape including the shift of donors’ focus to areas lacking a strong civil society component, such as trade, continued to reduce the pool of funding available to CSOs.
He added that, although a few CSOs had diversified funding, there were limited opportunities for most organisations to develop multiple funding sources.
To address the challenge, the Senior Research Fellow at IDEG, Mr Kwesi Jonah said the current crisis offered an opportunity for CSOs to reflect on several creative ways of surviving which include managing limited funds available to stay in business.
“CSOs must also find ways of managing risks and put in efforts to limit spending while falling back on their board for connections and collaborations to help manage the crisis,” he stated.
The government and the private sector, he said must also come on board to support the activities of CSOs in Ghana.
“We need to form a stronger partnership that would lead to sustainability of the sector. It is a responsibility to educate ourselves on the roles of the CSOs towards national development and push towards proper support from the government and private sector,” he stated.
He said, there was the need to engage in new conversations with donors not to withdraw their support while NGOs must avoid competitions and engage in strategic partnerships.
By Michael D. Abayateyea
News
Government Pays GH¢9.7 Billion Coupon Under the Domestic Debt Exchange Programme (DDEP)

The Government of Ghana has paid GH¢9.7 billion as part of its debt obligations under the Domestic Debt Exchange Programme (DDEP).
The Minister of Finance, Dr. Cassiel Ato Forson said the payment amounted to GH¢9,698,815,220.17.
This brings the total payments made under the programme this year alone to GH¢19.4 billion.
According to the minister in a facebook post, the payment shows government’s commitment to honouring agreements made under the DDEP and is expected to boost investor confidence in the economy.
He stated that government has also created two sinking fund accounts one in cedis and another in US dollars to help manage future debt payments.
These funds, introduced he said is in line with the 2025 Mid-Year Fiscal Policy Review and backed by the Public Financial Management Act, meant to ensure that upcoming loan obligations due between 2026 and 2028 are paid on time.
The Finance Minister assured investors and the public that all future debt commitments, including those under the DDEP, will be fully honoured without delays.
By: Jacob Aggrey
News
President Mahama appoints Biadela Mortey Akpadzi chairman of the Ghana Gold Board Tribunal

President John Dramani Mahama has appointed Mr. Biadela Mortey Akpadzi as chairman of the newly inaugurated Ghana Gold Board Tribunal.
The appointment is in line with Section 55 of the Ghana Gold Board Act, which provides for the establishment of the Tribunal to strengthen governance and accountability in the gold sector.
The Finance Minister, Dr. Cassiel Ato Forson on Tuesday inaugurated the Tribunal, which also includes Ms. Hamidu Mariam and Mr. Justin Pwavra Teriwajah as members.
The finance minister congratulated the appointees and assured them that government would soon appoint a Registrar and provide staff to support the effective functioning of the Tribunal.
The Tribunal will consider appeals on decisions made by the Gold Board, particularly matters relating to licensing and rulings of the Dispute Resolution Committee.
By: Jacob Aggrey