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Let’s support BoG to build a befitting Headquarters – Ofori-Atta

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The Finance Minister, Ken Ofori-Atta, has called on all Ghanaians to rally and provide the Bank of Ghana with the needed support in the ongoing construction of its new head office.

In an article titled “Citizens – Standing Strong with the Bank of Ghana,” Ofori-Atta urged the public to cease the uproar and opposition against the ongoing construction and render support to the Central Bank to build an edifice that is “a befitting office space for a country that hosts the AfCFTA.”

Ofori-Atta acknowledged that the country is facing economic challenges, but he said that the construction of the new BoG headquarters is a necessary investment in the future of Ghana’s economy.

“With respect to the BoG’s new headquarters, the evidence is clear that decisions to build had already been made long before these “losses” occurred,” he wrote. “It is important for us to support such a critical institution to modernize its operations and have a befitting office space for a country that hosts the AfCFTA and has the vision to become the financial services hub of the continent.”

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Ofori-Atta also defended the work of BoG Governor Ernest Addison, who has been criticized for his handling of the economy.

“Governor Addison is a competent professional of quiet courage,” Ofori-Atta wrote, adding, “In these nearly seven years, we have worked together to ensure: the inviolability of the banking system; the establishment of the Consolidated Bank of Ghana (CBG) and the Development Bank of Ghana; the raising of over $10 billion in the Eurobond market and AfriExim bank. He brought inflation down to single digits of 7.9% for the first time; and managed an impressive period of currency stability in our country including the implementation of the Goldfor-Oil programme.”

A section of Ghanaians have described the construction of the new headquarters as a needless investment, due to the prevailing economic conditions.

The Minority has scheduled a protest demanding the resignation of the Central Bank governor and his deputies for October 3. According to the Minority, the BoG governor has mismanaged the Central Bank leading to the Bank recording losses of over $60bn.

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Source:Citinewsroom.com

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President Mahama arrives in Moscow for 3rd Russia-Africa Summit

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President John Mahama has arrived in Moscow, Russia, from Ethiopia to participate in the 3rd Russia-Africa Summit.

The summit is being hosted by Russian President Vladimir Putin.

During the visit, President Mahama will join fellow African leaders at the Economic and Humanitarian Forum and summit plenary sessions.

He is also scheduled to hold high-level bilateral talks with President Putin and attend a Kente exhibition organised by the Russia-Ghana Parliamentary Forum.

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As part of the visit, the President will receive honorary doctorate degrees from the Russian University of Transport and the Peoples’ Friendship University of Russia.

He will also engage Russian businesses and state institutions to advance bilateral cooperation between Ghana and Russia.

By Edem Mensah-Tsotorme

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Mahama commissions four ambassadors, tasks them to drive jobs and investment

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President John Dramani Mahama has commissioned four career diplomats as ambassador-designates to represent Ghana in four countries.

The commissioning ceremony took place on Friday, October 16, 2026.

The new envoys are Her Excellency Nana Antwiwaa Dodoo, Ambassador-Designate to Angola; His Excellency Louis Kwame Obeng, Ambassador-Designate to Qatar; Her Excellency Evelyn Korantemaa Ofosu-Amable, Ambassador-Designate to Israel; and His Excellency Jedidiah Reuben Adogla, Permanent Representative-Designate to Switzerland.

President Mahama charged them to advance Ghana’s national interests through strategic partnerships, economic diplomacy, investment mobilization, and expanded access to international markets.

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He said Ghana’s diplomatic engagements must deliver tangible economic benefits, create jobs, and strengthen the country’s standing on the international stage.

The four envoys are career diplomats with over 27 years of experience.

On behalf of her colleagues, Her Excellency Nana Antwiwaa Dodoo thanked the President for the confidence reposed in them and pledged their commitment to emulate his leadership and deliver on the mandate given to them.

By Edem Mensah-Tsotorme

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