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Dollarisation of Ghana’s economy not solution to Cedi depreciation – ASEPA
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The Alliance for Social Equity and Public Accountability (ASEPA) has disagreed with suggestions by Dr John Kwabena Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), to adopt the dollar as Ghana’s currency to stabilise the country’s economy.
The Executive Director of ASEPA, Mensah Thompson, argued that Ghana’s major hurdles in stabilising the economy are prolonged recklessness and borrowing and not the adoption of the US Dollar.
Mr. Thompson told the host of Breakfast Daily, David Kwaku Saforo-Sakyi on Citi TV that Ghana’s current economic woes should be blamed on the recklessness of the former Minister of Finance, Ken Ofori-Atta, the governor of the Bank of Ghana and President Nana Addo Dankwa Akufo-Addo.
“We are here not because our currency is not held in dollars, we are here because of the recklessness of Ken Ofori-Atta, the governor of the Central Bank and President Nana Addo Dankwa Akufo-Addo. The root cause of our problem is recklessness, borrowing and people who just don’t understand simple economic management who implemented faze economic restructuring that has thrown the economy into a cyclic spiral now going back into a debt hole and the solution is not dollarisation,” he said.
He added that the decision to restructure Ghana’s domestic debt was a bad idea that placed a strain on the Cedi.
According to him, “I have always asked myself, why did the government, after all the recklessness of Ken Ofori-Atta, still decide that if they were going under a debt restructuring programme, Ken Ofori-Atta was the person they were going to allow to oversee that debt restructuring, I was surprised when he decided to restructure our domestic debt.”
Source: Citinewsroom.com
The Tema Regional Police Command has arrested a 32-year-old man for allegedly posing as a soldier and extorting money from unsuspecting members of the public at Ashaiman.
The suspect, identified as Bright Atsu Kudiabor, was arrested by the Ashaiman Police on Wednesday, September 16, 2026, at about 7:00 a.m.
According to the Police, he was arrested at an area known as “I Shall Return”, where he was allegedly parading himself as a soldier and demanding money from people.
The Police said Kudiabor, who is an ex-convict, was initially arrested by personnel of the Ghana National Fire Service in Ashaiman with assistance from other members of the public.
A search conducted on him after he was handed over to the Police reportedly led to the recovery of a set of military camouflage uniform.
The suspect is currently in Police custody and assisting with investigations.
The Tema Regional Police Command said he would be processed for court after investigations are completed.
The Police urged the public to remain vigilant and report anyone who falsely presents themselves as a soldier or a member of another security agency to deceive or extort money from the public.
By: Jacob Aggrey
Volta Regional Minister, James Gunu, says the Volta Region holds enormous agricultural potential and efforts must be geared towards connecting farmers to the needed resources to unlock that potential.
He said focus must be on linking farmers to resources, technology, financing and markets to increase production, create jobs and build sustainable livelihoods.
Hon. Gunu made the remarks at the national launch of the Ghana Tomato Self-Sufficiency Initiative (GHATSI) held at Anloga in the Volta Region on Tuesday, September 15.
The initiative, under the theme “Produce at Home. Feed the Nation. Export the Surplus,” seeks to boost local tomato production, processing and marketing while reducing Ghana’s heavy reliance on imported tomatoes.
The launch was attended by the Minister for Food and Agriculture, Eric Opoku, his Deputy, John Setor Dumelo, Feed Ghana Coordinator, Bright Demordzi, Members of Parliament, traditional leaders, MMDCEs, farmers and other stakeholders.
Mr.Gunu expressed appreciation to the Minister for Food and Agriculture for the support announced for the region, including two excavators, 200 cartons of organic fertiliser, and GH¢200,000 for Ms. Kuatudzo Esther Dela, a tomato farmer and processor from Ziope.
He described the initiative as an important step towards making agriculture a stronger driver of food security, job creation and economic growth in the Volta Region.
By Edem Mensah-Tsotorme
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