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GWCL begins spillage of excess water from Weija dam

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The Ghana Water Company Limited (GWCL) has begun spilling excess water from the Weija dam as the water levels continue to rise beyond its normal capacity.

Public Relations Officer of the Company, Mr Stanley Martey told the Ghanaian Times in an interview that from the dam’s safe operating level of 47ft, water level had risen to 48.3ft as at yesterday, necessitating the spillage to prevent a possible collapse.

“Within the last three days, the water level has risen more than 10ft. As at Sunday, it had reached 47.9ft from 37ft but this morning it has reached 48.3ft which exceeds its maximum level and if we do not spill, we may be putting the dam in harm’s way.

“We started the spillage at 12:00pm yesterday and we are doing it gradually. We have started with two gates out of the five we have and we have opened it at 12 inches wide. As the levels rise, due to the rainfall pattern, we may have to add more gates and open more to spill the excess water.”

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According to Mr Martey, as usual of the routine exercise, all stakeholders as well as residents living and owning properties along the dam site have been cautioned to move to safer grounds to protect their lives and properties.

“We have informed all the stakeholders that matter in the exercise. We should have spilled earlier on but we had to hold on to make sure we have informed everyone before doing so. Unfortunately, for the past 15 to 20 years nothing has changed with regards to people building along the buffer zone.

“We have done everything to stop people from building but it persists. People think they are responsible for their decisions and it is the District Assemblies who will have to be more serious in stopping these new developments.”

Mr Martey insisted that the GWCL could not be blamed for any eventualities resulting from the spillage adding that, “we will continue to spill until it is safe for us to stop. If we get more rains, we will open more gates for spillage.”

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Touching on repair works on reported cracks of the dam and damaged filters for water production, the PRO indicated that plans are being undertaken to replace the damaged filters and refurbish the dam.

The Municipal Chief Executive of the Weija-Gbawe Municipal Assembly (WGMA), Mr Patrick K.B. Kumor in an interview pointed out that the Assembly was preparing to “open the estuary to allow the excess water to flow into the sea to prevent flooding.”

“We had prepared earlier enough for this and sent information to all people living around that area to move to safer places. So far, pressure from the water spilled isn’t too high to flow into the estuary so it is under control though we are still monitoring.”

Communities often affected by the water spillage exercise by the GWCL include; Tetegu, Oblogo, Pambros Salt, Lower McCarthy Hill, Lower Weija, Bojo Beach, Ada Kope, Tsokome and surrounding communities.

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BY ABIGAIL ANNOH

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G-NEXID hosts 6th Exchange Programme

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The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.

The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.

Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.

It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.

The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.

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This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).

On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.

There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.

Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.

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Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.

The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.

The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.

As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.

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The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.

Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.

Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.

On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.

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Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”

The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.

Source – G-NEXID

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President Mahama signs five bills into law

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President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.

They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.

In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.

He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).

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This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.

President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.

The third, the Presdient assed will be located at Acherensua in the Ahafo Region.

Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”

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He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.

The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.

It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.

The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.

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