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Bawumia will design long-term framework to halt cedi depreciation – Stephen Amoah
The Deputy Minister of Finance, Dr Stephen Amoah, has intimated that the flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, will draft a long-term national framework that will fight and reverse the Cedi’s sharp depreciation against the US dollar if he is elected president.
The former Microfinance and Small Loans Centre (MASLOC) boss and MP for Nhyiaeso in a media interaction on Wednesday, May 28, said that the “Cedi depreciation is a ritual problem” that requires someone with an impressive financial background such as Dr. Bawumia to strengthen Ghana’s weak forex space.
Various trade unions and persons from the business community have been raising concerns lately with the unbridled fall of the Cedi against the US dollar, which they say is negatively affecting the cost of doing business, and have petitioned the government to find a lasting solution to the currency’s fall.
Dr. Amoah in an interview with Bernard Avle on the Citi Breakfast Show on Citi FM, urged Ghanaians to elect Dr. Bawumia as president come December 7 so that he can “design a long-term framework to deal with the Cedi [depreciation].”
He blamed the Cedi’s woes on excessive importation, adding that the government is currently finding solutions to stabilise it as a short-term approach.
“We are doing our best to stabilise the Cedi, which I said is a short-term approach, but we need a long-term approach to resolve the issue through a framework, and then I proposed that to achieve that, we will design a long-term approach when Dr Mahamudu Bawumia is elected president,” he said.
Source: Citinewsroom.com
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Health Minister leads delegation Mimi Darko’s appointment as AMA Director General
Kwabena Mintah Akandoh, Minister for Health and Member of Parliament has led a delegation to secure the appointment of Dr Delese Mimi Darko, Chief Executive Officer of the Food and Drugs Authority, as the Director General of the African Medicines Agency (AMA) during the ongoing 2nd Ordinary Session of the Conference of State Parties in Kigali, Rwanda.
This prestigious appointment, achieved through a competitive process, marks a proud and historic moment for Ghana and the entire continent.
It highlights Dr. Darko’s exceptional leadership, professionalism, and unwavering commitment to enhancing public health and regulatory systems across Africa.
The Minister expressed his deep appreciation to President John Dramani Mahama for his strong support and leadership throughout this process.
Mr.Akandoh congratulated Dr. Mimi Darko and Team Ghana for their incredibly successful campaign.
The AMA was established by the African Union on November 5, 2021, with the primary objective of improving access to quality, safe, and effective medical products throughout the continent. Its creation aims to facilitate the regulation and oversight of essential medicines at a continental level while promoting collaboration among African countries and regions.
The Agency’s mission is to provide leadership in creating an enabling regulatory environment for the pharmaceutical sector in Africa, ensuring that the African population has access to essential medical products and technologies.
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Police arrest five suspects involved in robbery cases in Ashanti Region
The Police Intelligence Directorate (PID) in the Ashanti Region has informed the public about a recent breakthrough in the fight against armed robbery in the Denchemuoso District.
Following a series of robbery incidents in the area, on April 22, 2025, PID/Ashanti operatives, acting on credible intelligence, apprehended one Michael Owusu Ansah, alias Baby Last, aged 32.
The suspect had been on the police wanted list since 2016 in connection with a robbery and the murder of Police Officer G/Cpl Frank Essel of SWAT/Ashanti, which occurred at the Open Space Hotel in Denchemuoso on May 19, 2016.
During interrogation, the suspect confessed to engaging in multiple street and residential robberies in Denchemuoso, Atwima-Techiman, Asuoyeboah, and surrounding areas.
He also disclosed that his gang operated with knives, pistols, and pump-action guns.
Further investigations led to the identification and arrest of his accomplices, namely:Emmanuel Owusu, alias Cassidy, Maxwell Gyimah, alias Nana Kwame, Sudais Oxford Ntiamoah, alias The Man Sudais and Rhano Okyere, alias Demon
These individuals were arrested from their hideouts within Atwima-Techiman and Denchemuoso.
However, one suspect, remains at large and efforts are underway to apprehend him and recover the weapons used in the robberies.
All five arrested suspects were arraigned before the Atasomanso Circuit Court on May 13, 2025.
They were remanded into police custody and are scheduled to reappear on June 4, 2025.
