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Over 45 business leaders honoured at 2025 National Governance & Business Leadership Awards

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More than 45 business leaders have been recognised for excellence at the 5th National Governance & Business Leadership Awards (NGBLA 2025), held at the Kempinski Hotel Gold Coast City in Accra.

The awards, themed “Transforming Ghana through Visionary Governance and Enterprise Excellence,” celebrated innovation, transparency, and enterprise growth across banking, insurance, manufacturing, hospitality, and technology.

Notable winners included OmniBSIC Bank, FirstBank Ghana, Guinness Ghana, Vanguard Assurance, Ghana Link Network Services, B5 Plus Limited, and the Accra Marriott Hotel.

Distinguished individuals such as Irene Baaba Hagan, Board Chair of GTBank Ghana, and Dr. Adelaide Araba Siaw Agyepong of the African Agribusiness Consortium were also honoured for their leadership contributions.

Speaking on behalf of the Chief of Staff, Nana Oye Bampoe Addo stressed the need for stronger collaboration between government and the private sector to build resilient institutions, attract investment, and create sustainable growth.

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She linked the awards to President John Dramani Mahama’s vision of a 24-hour economy, describing it as a bold plan to generate jobs and boost productivity through technology and innovation.

Chief Executive Officer of the Governance and Business Boardroom, Richmond Anim Damoah, said the awards were designed to set benchmarks for excellence across sectors, including legal practice, human resources, and investor relations.

He urged corporate leaders to embrace integrity, innovation, and accountability despite challenges such as currency instability.

Award winner Irene Baaba Hagan, who received the Visionary Woman Board Chair Award, called for stronger regulatory support for banks, stressing that transparency and ethical practices were key to restoring trust in the financial sector.

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She also encouraged young women to take up leadership roles to improve gender diversity and drive inclusive growth.

The ceremony was held alongside the 3rd Future Workplace Awards Africa 2025, General Counsel & Corporate Legal Leadership Awards Africa 2025, Women Board of Directors Awards, and Investor Relations Awards 2025.

It brought together policymakers, entrepreneurs, corporate executives, and industry players to promote excellence in governance and enterprise leadership.

By: Jacob Aggrey

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Prez Mahama visits Akosombo Dam after fire disrupts power supply

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President John Dramani Mahama has visited the Akosombo Dam to assess the impact of a fire incident at a substation operated by the Ghana Grid Company.

The fire is reported to have caused the loss of more than 1,000 megawatts from the national power grid, affecting electricity supply in parts of the country.

During the visit, he inspected ongoing restoration works and received briefings from engineers on efforts to restore power. He commended them for what he described as a swift and professional response to the situation.

According to him, the government remains committed to restoring stable electricity supply as quickly as possible.

He added that steps are also being taken to strengthen the resilience of Ghana’s energy infrastructure to prevent similar incidents in the future.

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The Ghana Grid Company has not yet provided a detailed timeline for full restoration, but work is ongoing to bring affected systems back on stream.

By: Jacob Aggrey

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Finance minister, deputy publicly file tax returns to promote compliance

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Ghana’s Finance Minister, Cassiel Ato Forson, says he and his deputy have publicly filed their annual tax returns to demonstrate leadership and encourage compliance among citizens.

In a facebook post, he explained that the move was meant to show that public officials must lead by example when it comes to fulfilling civic duties.

“Leadership must be demonstrated, not declared,” he said.

He commended Ghanaian taxpayers for their continued contribution to national development, noting that tax compliance plays a key role in sustaining government activities.

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According to him, paying taxes is both a legal and moral responsibility. He stressed that all citizens, including public officials, professionals, and businesses, are equal before the law and must meet their tax obligations.

He added that tax revenue is essential for funding key sectors such as education, healthcare, infrastructure, and security.

The minister praised the Ghana Revenue Authority for its work, especially during the ongoing Tax and Good Governance Month in April. He said the initiative helps to educate the public and promote voluntary compliance.

He urged the authority to intensify public education and continue reforms aimed at simplifying tax processes, reducing compliance costs, and improving transparency.

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He further encouraged individuals and businesses that are yet to file their returns to do so promptly, adding that support systems and digital platforms are available to assist them.

He said building a strong tax culture would strengthen the country’s economy, improve accountability, and promote fairness in society.

By: Jacob Aggrey

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