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August 12, 2026
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Luv FM High School Debate: St. Hubert and Adutwum SHS seal their round of sixteen spots
Money
Policy
Opportunity
Growth
Key Points
- The third day of the Luv FM Kel-Charcoal Toothpaste High School Debate saw St. Hubert Seminary and Osei Adutwum Senior High School secure victories to advance to the 1/16 round.
- St. Hubert Seminary triumphed over Anglican Senior High School, Kumasi, arguing for community service judgment over custodial sentences.
- Osei Adutwum SHS won unanimously against Tepa SHS, defending the continued usefulness of democracy.
- All participating schools demonstrated strong debating skills, including research, critical thinking, and persuasive speaking.
- The 8th edition of the debate is sponsored by several entities, including Kelcharcoal Toothpaste, Otuasekan Community Bank, and New Generation Investment Services, with more contests expected.
Why This Matters
This event is significant for Ghana as it fosters critical thinking, research, and public speaking skills among high school students, which are vital for future national development and leadership. The debate topics, such as judicial reform and the relevance of democracy, engage youth with pertinent national policy discussions, thereby cultivating informed and engaged citizens.
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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.