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April 25, 2026
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Free Zones CEO should’ve been sacked for her comments against Pentecost Chairman – Charles Owiredu
Money
Policy
Growth
Key Points
- MP Charles Owiredu criticized Ghana Free Zones Authority CEO, Dr. Mary Awusi, for attacking Apostle Dr. Eric Nyamekye.
- Apostle Nyamekye had highlighted how illegal mining (galamsey) pollutes rivers, impacting community livelihoods and religious practices like baptism.
- Dr. Awusi initially warned Nyamekye to stick to clergy work or be treated as a politician, but later apologized after public backlash.
- Owiredu defended Nyamekye, emphasizing the validity of his concerns, the biblical basis for immersion baptism, and the severe environmental and health consequences of galamsey.
- Owiredu also linked galamsey to economic pressures forcing farmers to sell land, warned of contaminated food and water, and criticized government inaction against illegal miners, calling it a national crisis.
Why This Matters
This article highlights the severe, multi-faceted impact of illegal mining (galamsey) in Ghana, affecting not just the environment and economy but also social and religious practices. The political criticism and calls for accountability underscore the urgent need for decisive government action to protect natural resources, public health, and agricultural livelihoods, which are critical for the nation's sustainable development and stability.
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August 24, 2026
GoldBod denies GH¢1bn BoG overdraft claim, demands retraction and apology from Boako
- The Ghana Gold Board (GoldBod) has vehemently denied claims by MP Dr. Gideon Boako that it owes the Bank of Ghana (BoG) a GH¢1 billion overdraft.
- Dr. Boako, a Deputy Ranking Member on Parliament’s Finance Committee, questioned GoldBod's reported GH¢907 million profit, stating an outstanding overdraft would reflect a loss.
- GoldBod labeled Dr. Boako’s claim as “totally false,” a “deliberate and malicious smear campaign,” and demanded a retraction and apology.
- This dispute is set against a broader political and economic debate concerning GoldBod’s financial performance and the accounting treatment of GH¢22 billion losses from the Domestic Gold Purchase Programme (DGPP).
- GoldBod asserts it has never taken any loan, overdraft, or debt instrument from the Bank of Ghana or any financial institution since its establishment.
August 24, 2026
GoldBod losses remain key on Minority agenda as Parliament reconvenes – Afenyo-Markin
- The NPP Minority Leader, Alexander Afenyo-Markin, reaffirmed the caucus's commitment to investigate a reported US$1.7 billion loss linked to the Bank of Ghana’s Domestic Gold Purchase Programme and the Ghana Gold Board (GoldBod).
- This commitment was reiterated after Afenyo-Markin met with NPP flagbearer Dr Mahamudu Bawumia in Accra.
- Dr Bawumia commended the Minority Caucus for its accountability efforts and encouraged their continued work.
- The reported loss, equivalent to about 1.5% of Ghana’s GDP, will be a key issue for the Minority as Parliament reconvenes.
- The Minority is resolute in pursuing the matter to get answers for the Ghanaian public regarding the circumstances of the loss.
August 23, 2026
Why celebrate $2.62bn FDI while losing $1.7bn under the Domestic Gold Programme? IERPP asks
- The Institute of Economic Research and Public Policy (IERPP) welcomes Ghana's US$2.62 billion Foreign Direct Investment (FDI) as a sign of investor confidence.
- However, IERPP tempers this optimism with concern over an estimated GH¢22 billion (US$1.7 billion) loss from the Domestic Gold Purchase Program (DGPP).
- The DGPP loss is significant, equating to about 65 cents for every US$1 of FDI attracted, highlighting a major resource management issue.
- IERPP emphasizes that while FDI is crucial, it cannot substitute for prudent management and protection of existing public resources.
- The Institute calls for greater transparency, a clear breakdown of DGPP losses, and intense scrutiny from accountability institutions, Parliament, and civil society.