News
Efforts are underway to fix the Ofankor–Nsawam Road – Ghana Highway Authority assures drivers
The Ghana Highway Authority (GHA) has assured motorists that steps are being taken to repair the bad portions of the Ofankor–Nsawam Road.
In a statement issued on Tuesday, August 19, 2025, the Authority said it had taken note of recent demonstrations and complaints from drivers, especially over the stretch between Sapeiman and Medie/Sansam junction.
According to the statement, the contractor has already fixed parts of the damaged road.
It mentioned that as of Monday, August 18, about five gangs were working on both the northbound and southbound lanes to improve safety and riding comfort.
The GHA appealed to drivers and commuters to be patient and cautious while using the road and to cooperate with traffic wardens and flagmen to avoid traffic jams.
It added that law enforcement officers had also been engaged to help manage traffic.
The Authority expressed regret over the inconvenience caused by the works and assured the public that the project would be completed.
It said regular updates would be given on the progress.
By: Jacob Aggrey
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
