The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has once again urged transport operators to review and possibly reduce fares in response to recent declines in fuel prices, despite concerns raised by drivers about the rising cost of other operational inputs such as spare parts and lubricants. Appearing on Channel One Newsroom on Tuesday, January 6, Mr. Amoah addressed arguments that lower pump prices do not automatically translate into reduced operating costs. While he acknowledged the broader financial challenges facing transport operators, he emphasized that fuel remains a critical factor in fare determination and cannot be…
Author: MasemTV Newsroom
The Office of the Attorney-General and Ministry of Justice has revealed that it did not receive any case docket from the Criminal Investigations Department (CID) concerning investigations into Akonta Mining Company Limited until September 2025, even though the investigations began as far back as 2022. This disclosure was made in a response to a Right to Information (RTI) request filed by private legal practitioner Jonathan Owusu Asare. The response was signed by the Ministry’s Information Officer, Lydia Attoh. According to the Attorney-General’s office, the CID initiated investigations into Akonta Mining in October 2022 after petitions were submitted by Ing. Ken…
The Chamber of Petroleum Consumers Ghana (COPEC) has noted that some Oil Marketing Companies (OMCs) have recently reduced fuel prices at the pumps within the ongoing pricing window. According to COPEC, these reductions are consistent with declining international refined fuel prices, relative stability of the cedi against major currencies, and heightened competition in Ghana’s fully deregulated downstream petroleum market. This position was outlined in a press statement issued on January 6 and signed by COPEC’s Executive Secretary, Duncan Amoah. Mr. Amoah explained that a review of prevailing pump prices shows petrol (Super) selling at GH¢10.56 per litre at Star Oil,…
A staunch supporter of New Patriotic Party (NPP) flagbearer hopeful Kennedy Agyapong has issued a fiery warning over alleged attempts to manipulate the party’s upcoming presidential primaries. Speaking in a radio interview on Kawasam on Radio XYZ, the founder and leader of Citizens Eye Ghana, Mr. Alex Kwaku Teteh, claimed that the camp of Vice President Dr. Mahamudu Bawumia—allegedly led by his wife, Samira Bawumia—has held a series of meetings with officials of the Electoral Commission (EC) to rig the primaries in Dr. Bawumia’s favour. According to Mr. Teteh, these alleged meetings are aimed at producing illegal documents that could…
The Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has refuted claims that the recent appreciation of the Ghanaian cedi began under the newly sworn-in National Democratic Congress (NDC) administration. According to him, the cedi’s recovery started months earlier—specifically in the last quarter of 2024 under the New Patriotic Party (NPP) government. Speaking on Asempa FM’s Ekosii Sen, Oppong Nkrumah explained that the NPP handed over a strengthening currency on January 7, 2025, when they exited office. He noted that at the time, the cedi was trading at around GHS 14 to the dollar. He further cited a Bank of…
A dramatic moment unfolded at the TNA Stadium in Tarkwa last Sunday when Hearts of Oak assistant coach, Gazelle, was captured on camera furiously chasing after a ball boy during their Premier League clash with Medeama. The incident occurred late in the second half, with Hearts of Oak trailing 1–0 and pushing desperately for an equaliser. According to eyewitness accounts, the ball boy appeared to delay returning the ball for a restart, prompting an angry reaction from the Hearts technical bench. Footage from the match showed Coach Gazelle sprinting toward the young ball attendant in frustration, sparking a brief commotion…
President John Mahama says Ghana will not seek another financial rescue from the International Monetary Fund (IMF) once the current programme ends, declaring that the ongoing arrangement must mark the country’s final bailout. Speaking at the opening of the University of Ghana’s 77th Annual New Year School and Conference, where he delivered the keynote address, the President acknowledged the progress made under the Extended Credit Facility but framed its conclusion as a decisive moment for the country. “We will exit the IMF Extended Credit Facility around the middle of this year,” he said. “And it is my sincere hope that…
President John Mahama has announced a major accommodation project for the University of Ghana — a new 10,000-bed student hostel resulting from a partnership agreement signed during his recent visit to Singapore. He described the initiative as a significant step toward addressing the university’s long-standing housing challenges and improving student safety. Speaking at the opening of the University of Ghana’s 77th Annual New Year School and Conference on Tuesday, January 6, the President revealed that the hostel will be built using prefabricated technology. “When I went to Singapore, we signed an agreement for a 10,000-student hostel for the University of…
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has announced that the Central Bank, together with the Ghana Gold Board (GoldBod) and the Ministry of Finance, will convene a specialised policy workshop aimed at enhancing the Domestic Gold Purchase Programme (DGPP) to meet global best practices. Speaking at the 77th Annual New Year School at the University of Ghana on Tuesday, January 6, Dr. Asiama noted that the DGPP was introduced at a time of severe economic challenges and has since played a meaningful role in stabilising confidence in the economy. He explained that the upcoming workshop will…
Remittances from the United Kingdom remain a key source of foreign exchange for Ghana, but new figures from the Bank of Ghana (BoG) show that inflows from this corridor are slowing — a shift that officials say requires urgent policy attention and a renewed focus on productive diaspora investment. According to the central bank, transfers from the UK made up about 17.5% of Ghana’s total remittance inflows between January and September 2025. Though still substantial, this represents a major drop from the same period in 2024, when the UK accounted for roughly 28% more than a quarter of all remittances…