Bussiness
Govt releases 68 million euros for works on Manso-Huni Valley railway – Amewu

the Minister of Railways Development, on Wednesday, announced that government has paid 68 million euros to Amandi Holdings Limited to begin construction works on the Manso-Huni Valley rail line in the Western Region.
Mr Amewu said this at a media briefing on the Government’s strategy to mobilise funds for its railway projects.
The project forms part of a standard gauge rail line between Takoradi Harbour and Huni Valley.
It will provide 60km of single track lines, eight basic stations along the existing line from Amantin to Huni Valley.
There will also be access roads, CCTV and access control, backup generator and water tanks
.
The project will also include 10km of loop lines and stations’ double lines to improve availability of the line for express trains.
Mr Amewu, however, reiterated that the government could not fund the construction of a 12-billion-dollar sky-train project in the next three years because its balance sheet could not support that.
He said constructing a sky-train could cost between 11 and 12 million dollars per kilometre, noting that considering the government’s current balance sheet and fiscal space, it would be impossible to undertake such a project.
“Constructing a sky-train is not like building a road so, if we consider a period of three years, it is impossible. Sometimes, we have to be honest and objective and that’s why I said for the period of three years, it is not possible,” the Minister emphasised.
The Minister refuted claims that the government had signed a concessionaire agreement with a South African company to build a sky-train in Ghana, and explained that, it was rather a Memorandum of Understanding, which is not binding.
He also updated the public on the various ongoing railway projects across the country including, the 670-kilometre Central Spine Railway Line from Kumasi to Paga estimated at three billion dollars; Trans-ECOWAS Railway line from Afloa to Elubo, and the 1,100-kilometre Ghana-Burkina Faso Railway Interconnectivity Project.
The Minister stated that the rehabilitation of the section of Accra to Tema rail line was completed in December 2018 and provided shuttle services while the Achimota to Nsawam railway line was completed in December 2019.
He indicated that the 97.7-kilometre Tema to Mpakadan section, which falls under the Mpakadan-Ouagadougou rail line project, was 90 per cent complete.
As part of government’s efforts of building human capacity to maintain the railway infrastructure, Mr Amewu said, the Old Railway Training Institute in Sekondi was rehabilitated and upgraded to award degrees in Engineering.
Additionally, two out of the seven Railway Location Workshop Complex for maintenance of locomotives, wagons, and coaches had been refurbished while the remaining five workshops were ongoing refurbishment, the Minister stated.
Mr Amewu reiterated government’s commitment to revamping the country’s railway infrastructure to create jobs and transform the economy.
Mr Amewu added that sources for funding railway infrastructure had become very difficult due to the global Covid-19 pandemic, therefore, the only way Ghana could fund its railway projects was through payment of levies and taxes by the citizens.
“Infrastructure projects all over the world are funded by the citizens and so, if we, the citizens, decide to build our infrastructure projects, we can do it.
“We, the citizens, are the development agents and the only way we can fund such projects is through internally-generated funds by paying our levies and taxes,” the Minister added. -GNA
Bussiness
Shatta Wale bags two awards at 43rd IRAWMA Awards

Ghanaian dancehall artiste Charles Nii Armah Mensah, known as Shatta Wale, has won two awards at the 43rd International Reggae and World Music Awards (IRAWMA) held in Florida over the weekend.
He picked up the Best African Dancehall Entertainer award as well as Concert of the Year for ShattaFest.
In a statement, Shatta Wale’s management expressed appreciation to the organisers and supporters of the awards.
“Management would like to sincerely appreciate the organisers of the IRAWMA awards for the recognition and continuous support for African music on the global stage.
“We also extend our deepest gratitude to fans across the world, especially the Shatta Movement fraternity, for their unwavering support, votes, and dedication throughout the years,” the statement said.
The statement added that the latest wins reaffirm the artiste’s position as one of Africa’s leading musical exports and a prominent figure in global dancehall culture.
The awards bring Shatta Wale’s total haul at the IRAWMA to 11, highlighting his continued presence on the international reggae and dancehall scene.
At last year’s edition, he won three awards: Best African Dancehall Entertainer, Best Music Video for “Killa Ji Mi”, and Best Crossover Song for “Commando” featuring Bounty Killer. -GNA
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol

Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.




