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May 4, 2026
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OMJ Foundation boosts BECE prospects in Akuapem South with transformative intervention project
Money
Opportunity
Growth
Key Points
- The OMJ Foundation implemented the four-month Basic Education Certificate Examination Preparation Intervention Project (BECEPIP) in Akuapem South Municipality due to a worrying 48% BECE pass rate.
- The pilot project targeted five basic schools, providing fully funded extra classes, learning materials, modern teaching aids, and minor infrastructural upgrades.
- It also covered transportation for candidates to examination centers and provided stipends for National Service personnel volunteers.
- A multi-tiered scholarship scheme (OMJ Full, Admission, and Ketewa Biaa Nsua Scholarships) was established to motivate students based on their BECE aggregates for Senior High School education.
- The initiative involved retired professionals volunteering as teachers and mentors, with a long-term vision to expand to all 57 schools in the municipality by 2035.
Why This Matters
This initiative is crucial for Ghana as it directly tackles the critical issue of declining academic performance, which hinders human capital development and future economic prospects. By improving educational outcomes and providing scholarships, it offers a tangible pathway out of poverty for students in underserved communities, fostering a more educated and skilled workforce vital for national progress.
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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.

