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August 21, 2026
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NSMQ 2026: Tears of relief as Labone SHS survive Notre Dame Sem. in thriller to secure one-eighth spot
Money
Policy
Opportunity
Growth
Key Points
- Labone SHS narrowly defeated Notre Dame Seminary SHS and T.I. Amass, Wa in a tense 2026 National Science and Maths Quiz (NSMQ) Preliminary stage contest.
- Labone secured a 41-39 victory over Notre Dame Seminary after multiple lead changes throughout the contest.
- A perfect 10/10 performance in the 'Problem of the Day' round was crucial for Labone, earning them the Jupay Clean Sheet prize.
- Notre Dame Seminary, despite losing, won the Goil Riddles Bonanza for answering three of four riddles.
- The NSMQ is produced by Primetime Limited and sponsored by various entities including the Ghana Education Service, Goil PLC, Prudential Life Insurance, and Academic City University.
Why This Matters
The National Science and Maths Quiz is a pivotal platform for promoting STEM education and identifying academic talent across Ghana. Its widespread sponsorship by both government bodies and private companies underscores a national commitment to fostering intellectual development and a skilled workforce. This contributes significantly to Ghana's human capital development and future innovation potential.
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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.