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August 5, 2026
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Sedina Tamakloe remains in prison despite acquittal – Felix Kwakye Ofosu
Money
Policy
Key Points
- Former MASLOC CEO, Sedina Tamakloe-Attionu, remains in prison custody despite a Court of Appeal decision to acquit and discharge her.
- Minister Felix Kwakye Ofosu confirmed her continued incarceration, refuting claims of her release or lack of lawful custody.
- The Attorney-General has filed an application for a stay of execution of the acquittal judgment, which the Chief Justice has allowed to be heard during the legal vacation on August 16.
- The initial High Court conviction of Ms Tamakloe-Attionu for causing financial loss to the state, resulting in a 10-year sentence, was overturned due to insufficient proof by the prosecution.
- The NPP plans a protest, asserting the Court of Appeal's decision was erroneous and accusing the government of political bias in prosecutions.
Why This Matters
This case underscores ongoing challenges with corruption prosecution and the perceived independence of the judiciary in Ghana. Public scrutiny, political involvement, and accusations of bias could impact public trust in legal institutions and the government's anti-corruption efforts. It also highlights the complexities and potential delays in high-profile legal battles involving public funds.
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November 3, 2026
Ghana must reduce the cost of politics to curb influence of wealthy financiers – Development Economist
- Dr. Valentin Kwasi Mensah calls for reforms to curb the rising cost of political competition in Ghana.
- He warns that excessive campaign spending fosters politicians' dependence on wealthy financiers, who expect rewards like appointments or contracts.
- Research indicates a 59% increase in parliamentary campaign costs between 2012 and 2016, a trend exacerbated by poor enforcement of existing disclosure laws.
- Dr. Mensah recounts the Electoral Commission's failure to provide requested financial statements from major political parties despite constitutional and legislative mandates.
- He proposes establishing an independent regulator, campaign expenditure limits, timely donation disclosure, stronger enforcement, and improved internal party democracy.
November 3, 2026
8% pay rise: Workers will be better off in real terms— Dr Acheampong
- Public sector workers in Ghana are projected to experience real income improvements due to easing inflation preserving their purchasing power.
- Dr. Theo Acheampong of the Ministry of Finance stresses that the true measure of a salary adjustment is its real value after accounting for inflation, not just the nominal percentage.
- Historical data shows that in several past years, inflation significantly outpaced wage adjustments, leading to a decline in workers' real incomes.
- The trend is expected to reverse from 2025 onwards, with projected moderate inflation rates allowing for real wage gains despite seemingly lower nominal increases.
- The government's strategy focuses on sustainable wage adjustments coupled with inflation control to ensure workers' ability to meet their needs effectively.
November 2, 2026
Daily Insight for CEOs: The CEO’s Role in Driving Year-End Performance
- CEOs must intensify their focus in November and December to deliver strategic commitments and close performance gaps.
- Effective year-end performance relies on clear priorities, timely decisions, executive ownership, and consistent monitoring, not just pressure.
- Key strategies include reviewing organizational performance against targets and identifying critical results for delivery by December 31.
- CEO leadership actions involve convening executive teams to identify 3-5 top priorities and assign measurable outcomes to responsible executives.
- The final two months significantly influence an organization’s annual results, stakeholder confidence, and readiness for the next financial year.