News
GTP debuts ready-to-wear collection
GIPC boss, Yoofi Grant poses with Head of Retail, Jessica Okwabi at GTP,
and Marketing Director, Mary Ann Boaten
Ghana’s pioneering indigenous textile brand, GTP, has unveiled a stylish corporate ready-to-wear clothing collection at its inaugural retail store in Osu last Friday.
This strategic move is a direct response to months of invaluable customer feedback signalling GTP’s dedication to meeting the evolving needs of its discerning clientele.
This significant milestone solidifies GTP’s position as a premium, innovative, and fashion-forward brand, while enhancing convenience, style, and personalised service for its cherished customers.
The Marketing Director of Ghana Textiles Printing Company (GTP), Madam Mary Ann Boaten expressed her enthusiasm about the achievement, saying “we’ve worked diligently to craft a collection that radiates style and elegance, with the purpose of meeting the ever-evolving demands of our customers and adding value to the fabrics.”
GTP’s retail store and versatile ready-to-wear collection is the result of collaboration between GTP’s internal teams and esteemed partners like Tekura, who supplied the store’s furnishings and some of the woodwork.
As a leading textile brand in Ghana, GTP has been crafting high-quality fabrics for over five decades, with an unwavering commitment to celebrating Ghanaian culture and heritage through its products and services.
Patrons are promised a unique first-hand experience of the brand’s extensive range of quality and authentic African textiles, and alluring Ready-to-Wear collection made from exclusive GTP designed fabrics.
The brand is confident that its customers will embrace the new collection and cherish the unique shopping experience the retail store has to offer.
The double-debut event was graced by the Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Yoofi Grant, Business Executives Marina Lamptey and Lucy Quist, Broadcaster Israel Laryea, Fashion Designer Elikem Kumordzie and Actress Sika Osei as well as other esteemed fashion enthusiasts.
GTP is the first indigenous Ghanaian textile brand launched onto the Ghanaian market in January 1966 by the late Osagyefo Dr Kwame Nkrumah.
By Edem Mensah Tsotorme
News
Media reports claiming Cecilia Dapaah is cleared by FBI are false – OSP
The Office of the Special Prosecutor (OSP) has dismissed media reports suggesting that former Sanitation Minister, Cecilia Abena Dapaah, has been cleared of corruption by the Federal Bureau of Investigation (FBI).
In a statement, the OSP said its attention had been drawn to several misleading publications which claimed that the FBI “found no evidence of corruption” or that Mrs. Dapaah “had been cleared.”
The office stressed that these reports were false and a misrepresentation of its Half-Yearly Report.
According to the OSP, the report stated that no direct and immediate evidence of corruption had been found, a legal standard that is different from saying there was “no evidence” or that the former minister had been cleared.
The OSP explained that the case was earlier referred to the Economic and Organised Crime Office (EOCO) after investigations revealed strong signs of suspected money laundering and structuring, which fall under EOCO’s mandate.
However, the previous leadership of EOCO failed to act and returned the docket.
The new leadership has since requested and received the docket again.
The OSP urged the media to report with accuracy and remain faithful to official documents, stressing that responsible communication is necessary on matters of high national interest.
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
