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    Fred Kwarteng

    Fred Kwarteng denies misconduct at Ghana Embassy in Washington; Claims tech projects had official approval

    innovation hub

    Ghana, UAE sign $1 billion deal to build West Africa’s largest innovation hub

    Parliamentary Press, first meeting, collapsed country

    Mahama Ayariga praises Parliamentary Press Corps for outstanding coverage of Parliament

    Majority backs closure

    Washington Embassy controversy: Majority backs closure to ‘weed out corrupt officials’

    Embassy reopens, Embassy in Washington DC

    Ghana’s Washington Embassy reopens after brief closure

    existing taxes

    Enforce existing taxes with tech, don’t introduce new ones – Experts advise gov’t

    Kwasi Gyan-Apenteng

    Veteran journalist and former NMC Chairman Kwasi Gyan-Apenteng passes on

    Catholic Bishops

    Catholic Bishops back Mahama’s efforts to arrest galamsey menace

    2,637 ECG missing containers tracked, 2,583 found

  • Business
    Private sector, advisors

    BoG: Private sector lending hits GH¢92.2bn despite slowdown 

    $370m IMF disbursement, Effia MP, major currencies

    BoG expects $370m IMF disbursement in early June to further strengthen Cedi appreciation

    Debt-to-GDP

    BoG data suggests 55% debt-to-GDP IMF target achieved 3 years ahead of time

    policy rate, 27% interest rate, risk premium, tight monetary policy, reserve, Cash Reserve Ratio, Reserve Bank, Guaranty Trust Bank, domestic debt market, monetary policy, Foreign Exchange Act

    Bank of Ghana maintains policy rate at 28 per cent to fight inflation

    cedi appreciation, Johnson Asiama’s appointment, Johnson Asiama

    Bank of Ghana has no target rate for cedi appreciation – Governor Asiama

    debt stock

    Public debt stock rises slightly to $49.5bn despite cedi gains

    E-levy removal, Value of MoMo, Mobile money transactions

    MoMo transactions hit record GH¢365 billion in April 2025 after E-levy removal

    small-scale gold mining

    Ghana sees $12 billion a year from small-scale gold mining

    trading license

    GoldBod extends deadline for gold trading license transition to June 21

  • Entertainment
    Chris Brown

    Chris Brown charged over alleged London nightclub assault

    Bisa Kdei

    Bisa Kdei to embark on 2025 European Summer Tour

    Jury selection

    Jury selection begins in Diddy sex trafficking trial

    Jude Okoye

    Fraud case: P-Square’s former manager finally granted bail after 2 months

    exciting turn

    Ophelia Crossland appointed as new Creative Director of Nineteen57

    NFA to enforce film classification laws May, 1

    NFA to enforce film classification laws May, 1

    “No song should beat ‘Lomo Lomo’ in any category” – KiDi

    “No song should beat ‘Lomo Lomo’ in any category” – KiDi

    Charterhouse reschedules 26th TGMA to May 10

    Charterhouse reschedules 26th TGMA to May 10

    Alabaster Box

    Alabaster Box ‘sues’ Medikal in explosive copyright battle over song theft

  • Politics
    Review Motion

    Wontumi’s GH¢50m bail review motion set for June 3

    bail conditions, Wontumi’s residence

    Chairman Wontumi meets 50GH¢ bail conditions but remains in custody

    exploratory Committee

    Bryan Acheampong launches exploratory Committee ahead of possible flagbearership bid

    criminal investigation

    Chairman Wontumi under criminal investigation for fraud, money laundering – Deputy Attorney General Confirms

    Minority walks out over Wontumi: Invades EOCO over ‘punitive’ GH¢50m bail

    Minority walks out over Wontumi: Invades EOCO over ‘punitive’ GH¢50m bail

    Ahafo Ano North MP calls for urgent action on election of MMDCEs

    Ahafo Ano North MP calls for urgent action on election of MMDCEs

    sole-sourcing, pension scheme, security recruitment

    We’ll probe NPP’s PDS, COVID cash, wanton sole-sourcing and more – Mahama Ayariga

    ECG containers

    Minority sweats Energy Minister over ‘missing ECG containers’: Demands full disclosure

    populist

    Jinapor ‘attacks’ Okudzeto Ablakwa over ‘populist’ closure of Ghana’s US Embassy

  • Sports
    Unity Cup

    Ghana coach Otto Addo names squad for Unity Cup in London

    Nations

    GPL Wk 32: Kotoko keeps title hopes alive; Nations FC inch closer to first league title

    Premier League

    Liverpool make history with second Premier League title

    Golden Boot

    Salah makes history with Golden Boot and Playmaker awards

    Premier League clubs

    Champions League top five race: Which Premier League clubs will make it?

    GOC President

    GOC President urges National Federation leaders to put athletes first

    implementable programmes

    Leave with implementable programmes after retreat – Sports Minister to Federation Heads

    Europa

    Tottenham stun Man United to win Europa League after 17 years of trophy drought

    Abu Moro

    Veteran football coach Abu Moro dies in car crash 

  • Crime
    momo vendor murder

    Police nab another suspect in Aflao momo vendor murder

    University of Education

    Suspect arrested in gruesome murder of University of Education lecturer

    church TV , Kumasi High, doctrine, mandamus application

    Woman convicted for stealing church TV at Military barracks 

    NHIA director, brutality in Bawku

    Mahama Ayariga condemns killing of Bongo NHIA director

    church TV , Kumasi High, doctrine, mandamus application

    Kumasi High court hands armed robber 120yrs to life in prison for murder

    Wisabu Kwame,

    24-year-old farmer remanded over daughter’s death

    major international

    Interpol uncovers 150 stolen cars from Canada in Ghana, Nigeria, other countries

    Four individuals, Four persons

    Swiss port cocaine bust suspects caged

    Attorney General, Human Rights, has reduced, Former head, state has

    Ex-NSB Boss, Wife charged for allegedly stealing GHC49m

  • Health
    cervical cancer

    Let’s work together to prevent cervical cancer – CDA Consult   

    Menstrual Hygiene Day

    ActionAid marks Menstrual Hygiene Day with call for increased support for Girls

    hygiene

    GHS urges public to observe hygiene as rains begin

    illicit tobacco products

    FDA confiscates illicit tobacco products in Accra

    medical readiness

    U.S. Army leads medical readiness training with Ghanaian forces

    Health Service

    Number of recorded Mpox cases now 3 – Ghana Health Service

    Mpox

    Ghana Health Service confirms 2 Mpox cases in Accra

    HPV vaccination

    Govt to introduce HPV vaccination among adolescent girls 

    Sunyani East MP putting up a cancer treatment centre at Municipal Hospital  

    Sunyani East MP putting up a cancer treatment centre at Municipal Hospital  

  • World News
    foreign students

    Harvard’s international students gain temporary reprieve as Trump’s enrollment ban halted

    humanitarian situation

    US ‘troubled’ by humanitarian situation in Gaza, Rubio tells BBC

    northern Gaza

    Israeli strikes in northern Gaza kill at least 50, hospital says

    political parties

    Military rulers in Mali dissolve all political parties

    shoe

    Kenya government condemns ‘shameful’ shoe-hurling at president

    migrants

    Rwanda confirms talks with US about taking in migrants

    Canadian Prime

    Canada will ‘never’ yield to Trump’s threats – Newly elected PM Mark Carney

    London, Ontario

    A stunning reversal of fortunes in Canada’s historic election

    More than

    Pope Francis laid to rest

  • Features & Opinions
    Maimbo

    Why Maimbo will need Google Maps

    marital loyalty

    Samira Bawumia personifies chastity and marital loyalty

    Acheampong, Bryan Acheampong

    Bryan Acheampong (Dr) – The Competent New Kid on the Bloc

    road contractors

    Broken roads, broken promises: How delayed payments to contractors undermine Ghana’s progress

    Shall means May

    Prof Kwaku Azar writes: The dangerous myth that ‘Shall’ means ‘May’ in Ghana’s Constitution

    Tameklo’s video

    Tameklo’s video post backfires in CJ probe

    Cry Baby, Thaddeus Sory

    Godfred Dame writes: Greetings Thaddeus Sory, Esq.,

    Cry Baby, Thaddeus Sory

    Thaddeus Sory writes: The incongruous cry baby again…

    Assafuah Doctrine

    Richard Dela Skyy writes: The Assafuah Doctrine: Clarifying the Law, Complicating Justice?

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  • News
    Fred Kwarteng

    Fred Kwarteng denies misconduct at Ghana Embassy in Washington; Claims tech projects had official approval

    innovation hub

    Ghana, UAE sign $1 billion deal to build West Africa’s largest innovation hub

    Parliamentary Press, first meeting, collapsed country

    Mahama Ayariga praises Parliamentary Press Corps for outstanding coverage of Parliament

    Majority backs closure

    Washington Embassy controversy: Majority backs closure to ‘weed out corrupt officials’

    Embassy reopens, Embassy in Washington DC

    Ghana’s Washington Embassy reopens after brief closure

    existing taxes

    Enforce existing taxes with tech, don’t introduce new ones – Experts advise gov’t

    Kwasi Gyan-Apenteng

    Veteran journalist and former NMC Chairman Kwasi Gyan-Apenteng passes on

    Catholic Bishops

    Catholic Bishops back Mahama’s efforts to arrest galamsey menace

    2,637 ECG missing containers tracked, 2,583 found

  • Business
    Private sector, advisors

    BoG: Private sector lending hits GH¢92.2bn despite slowdown 

    $370m IMF disbursement, Effia MP, major currencies

    BoG expects $370m IMF disbursement in early June to further strengthen Cedi appreciation

    Debt-to-GDP

    BoG data suggests 55% debt-to-GDP IMF target achieved 3 years ahead of time

    policy rate, 27% interest rate, risk premium, tight monetary policy, reserve, Cash Reserve Ratio, Reserve Bank, Guaranty Trust Bank, domestic debt market, monetary policy, Foreign Exchange Act

    Bank of Ghana maintains policy rate at 28 per cent to fight inflation

    cedi appreciation, Johnson Asiama’s appointment, Johnson Asiama

    Bank of Ghana has no target rate for cedi appreciation – Governor Asiama

    debt stock

    Public debt stock rises slightly to $49.5bn despite cedi gains

    E-levy removal, Value of MoMo, Mobile money transactions

    MoMo transactions hit record GH¢365 billion in April 2025 after E-levy removal

    small-scale gold mining

    Ghana sees $12 billion a year from small-scale gold mining

    trading license

    GoldBod extends deadline for gold trading license transition to June 21

  • Entertainment
    Chris Brown

    Chris Brown charged over alleged London nightclub assault

    Bisa Kdei

    Bisa Kdei to embark on 2025 European Summer Tour

    Jury selection

    Jury selection begins in Diddy sex trafficking trial

    Jude Okoye

    Fraud case: P-Square’s former manager finally granted bail after 2 months

    exciting turn

    Ophelia Crossland appointed as new Creative Director of Nineteen57

    NFA to enforce film classification laws May, 1

    NFA to enforce film classification laws May, 1

    “No song should beat ‘Lomo Lomo’ in any category” – KiDi

    “No song should beat ‘Lomo Lomo’ in any category” – KiDi

    Charterhouse reschedules 26th TGMA to May 10

    Charterhouse reschedules 26th TGMA to May 10

    Alabaster Box

    Alabaster Box ‘sues’ Medikal in explosive copyright battle over song theft

  • Politics
    Review Motion

    Wontumi’s GH¢50m bail review motion set for June 3

    bail conditions, Wontumi’s residence

    Chairman Wontumi meets 50GH¢ bail conditions but remains in custody

    exploratory Committee

    Bryan Acheampong launches exploratory Committee ahead of possible flagbearership bid

    criminal investigation

    Chairman Wontumi under criminal investigation for fraud, money laundering – Deputy Attorney General Confirms

    Minority walks out over Wontumi: Invades EOCO over ‘punitive’ GH¢50m bail

    Minority walks out over Wontumi: Invades EOCO over ‘punitive’ GH¢50m bail

    Ahafo Ano North MP calls for urgent action on election of MMDCEs

    Ahafo Ano North MP calls for urgent action on election of MMDCEs

    sole-sourcing, pension scheme, security recruitment

    We’ll probe NPP’s PDS, COVID cash, wanton sole-sourcing and more – Mahama Ayariga

    ECG containers

    Minority sweats Energy Minister over ‘missing ECG containers’: Demands full disclosure

    populist

    Jinapor ‘attacks’ Okudzeto Ablakwa over ‘populist’ closure of Ghana’s US Embassy

  • Sports
    Unity Cup

    Ghana coach Otto Addo names squad for Unity Cup in London

    Nations

    GPL Wk 32: Kotoko keeps title hopes alive; Nations FC inch closer to first league title

    Premier League

    Liverpool make history with second Premier League title

    Golden Boot

    Salah makes history with Golden Boot and Playmaker awards

    Premier League clubs

    Champions League top five race: Which Premier League clubs will make it?

    GOC President

    GOC President urges National Federation leaders to put athletes first

    implementable programmes

    Leave with implementable programmes after retreat – Sports Minister to Federation Heads

    Europa

    Tottenham stun Man United to win Europa League after 17 years of trophy drought

    Abu Moro

    Veteran football coach Abu Moro dies in car crash 

  • Crime
    momo vendor murder

    Police nab another suspect in Aflao momo vendor murder

    University of Education

    Suspect arrested in gruesome murder of University of Education lecturer

    church TV , Kumasi High, doctrine, mandamus application

    Woman convicted for stealing church TV at Military barracks 

    NHIA director, brutality in Bawku

    Mahama Ayariga condemns killing of Bongo NHIA director

    church TV , Kumasi High, doctrine, mandamus application

    Kumasi High court hands armed robber 120yrs to life in prison for murder

    Wisabu Kwame,

    24-year-old farmer remanded over daughter’s death

    major international

    Interpol uncovers 150 stolen cars from Canada in Ghana, Nigeria, other countries

    Four individuals, Four persons

    Swiss port cocaine bust suspects caged

    Attorney General, Human Rights, has reduced, Former head, state has

    Ex-NSB Boss, Wife charged for allegedly stealing GHC49m

  • Health
    cervical cancer

    Let’s work together to prevent cervical cancer – CDA Consult   

    Menstrual Hygiene Day

    ActionAid marks Menstrual Hygiene Day with call for increased support for Girls

    hygiene

    GHS urges public to observe hygiene as rains begin

    illicit tobacco products

    FDA confiscates illicit tobacco products in Accra

    medical readiness

    U.S. Army leads medical readiness training with Ghanaian forces

    Health Service

    Number of recorded Mpox cases now 3 – Ghana Health Service

    Mpox

    Ghana Health Service confirms 2 Mpox cases in Accra

    HPV vaccination

    Govt to introduce HPV vaccination among adolescent girls 

    Sunyani East MP putting up a cancer treatment centre at Municipal Hospital  

    Sunyani East MP putting up a cancer treatment centre at Municipal Hospital  

  • World News
    foreign students

    Harvard’s international students gain temporary reprieve as Trump’s enrollment ban halted

    humanitarian situation

    US ‘troubled’ by humanitarian situation in Gaza, Rubio tells BBC

    northern Gaza

    Israeli strikes in northern Gaza kill at least 50, hospital says

    political parties

    Military rulers in Mali dissolve all political parties

    shoe

    Kenya government condemns ‘shameful’ shoe-hurling at president

    migrants

    Rwanda confirms talks with US about taking in migrants

    Canadian Prime

    Canada will ‘never’ yield to Trump’s threats – Newly elected PM Mark Carney

    London, Ontario

    A stunning reversal of fortunes in Canada’s historic election

    More than

    Pope Francis laid to rest

  • Features & Opinions
    Maimbo

    Why Maimbo will need Google Maps

    marital loyalty

    Samira Bawumia personifies chastity and marital loyalty

    Acheampong, Bryan Acheampong

    Bryan Acheampong (Dr) – The Competent New Kid on the Bloc

    road contractors

    Broken roads, broken promises: How delayed payments to contractors undermine Ghana’s progress

    Shall means May

    Prof Kwaku Azar writes: The dangerous myth that ‘Shall’ means ‘May’ in Ghana’s Constitution

    Tameklo’s video

    Tameklo’s video post backfires in CJ probe

    Cry Baby, Thaddeus Sory

    Godfred Dame writes: Greetings Thaddeus Sory, Esq.,

    Cry Baby, Thaddeus Sory

    Thaddeus Sory writes: The incongruous cry baby again…

    Assafuah Doctrine

    Richard Dela Skyy writes: The Assafuah Doctrine: Clarifying the Law, Complicating Justice?

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19 SOEs post losses of GHS1.6 billion – Finance Minister

Osumanu Al-Hassan by Osumanu Al-Hassan
November 11, 2020
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19 SOEs post losses of GHS1.6 billion – Finance Minister
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Finance Minister Ken Ofori-Atta says 19 out of 28 State Owned Enterprises (SOE’s) have projected to post losses of about GHS 1.6 billion for 2020, due to the COVID-19 pandemic.

According to Mr. Ofori-Atta, the state even had to offer help in the payment of salaries of their workers because the SOEs’ condition was dire.

He said SOE’s such as the Metro Mass Transport, the Driver Vehicle and Licensing Authority (DVLA) recorded lower revenues of about 64.24 per cent in March and April, this year.

The Finance Minister was speaking at the opening of 2020 Policy and Governance Forum on the theme: “SIGA: One year on, Achievements, Challenges and Prospects.”

State Interests and Governance Authority (SIGA) established a year ago by the President, seeks to oversee the interest of corporate governance in the activities SOE’s, Joint Venture Capital 9JVC’s and specified Entities in the country.

Mr. Ofori-Atta urged heads of SOE’s to take personal responsibility of protecting the public purse.

He further appealed to heads of SOEs to focus on enhancing viability as well as increase profitability in their operations in the coming year.

Mr. Ofori-Atta noted that in countries such as the United Kingdom, Singapore and Malaysia, the public sector recorded increase in profitability than that of the private sector.

He called on Chief Executive Officers to emulate their example to revitalize Ghana’s economy in line with government’s plans.

Mr. Stephen Asamoah Boateng, Director General, SIGA, said the Authority had undertaken two broad tasks of putting in place structures to make SIGA functional and operational to discharge its mandate.

According to Mr. Asamoah Boateng, in line with Act 990, staff of erstwhile Divestiture Implementation Committee (DIC) and the State Enterprises Commission (SEC) had been transferred to SIGA and that it was in the process of recruiting staff to fill other positions in other divisions.

“SIGA has adopted the Balanced Scorecard Strategic Framework (BSSF) plan, to resolve the anticipated environmental and organizational challenges which are likely to confront the newly created authority.

 A Code of Corporate Governance has been approved by SIGA’s board and consultation with stake holders scheduled to commence the validation of the code,” he said.

The SIGA boss said when the code is validated it would guide and promote sound corporate governance practices within specified entities because the absence of the code had brought about challenges in specified entities.

He indicated that through SIGA, trade activities had been revived among SOE’s and thereby increasing profitability.

Despite the success, Mr. Asamoah Boateng noted that SIGA had had some challenges including failure to file audited financial statement for over a period of over 10 years, from 2009 to 2018.

This, he noted, had affected the implementation of the transitional provision of Act 990, adding, without that, SIGA would not have a clear view of the assets and liabilities it had inherited from DIC.

Ms. Hollister Duah –Yentumi, General Manager, Operations, SIGA, noted that the forum presented yet another opportunity to discuss strategies being implemented by government to strengthen performance of SOE’s and JVC’s.

Ms. Duah –Yentumi said the forum would look at how to optimize performance in the various setups, consider risks and debt management as well as remain in compliance without ignoring the central role of governance.

Chief Executives Officers of various SOEs during the two day programme would also deliberate on how to ensure accountability and transparency in the various entities.

Entities such as the Ghana Publishing Corporation, Ghana National Gas Company and the Data Protection Commission shared their success stories in their respective submissions.

GNA

Tags: businessElection 2020GhanaNPPPolitics

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May 31 2025 Newspaper
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Saturday May 31 2025 Newspaper Headlines

by Osumanu Al-Hassan
May 31, 2025
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Mypublisher24 looks at stories making headlines on the front pages of Ghanaian newspaper publications for Saturday May 31 2025

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