Ghana News
Ghanaian Appointed VP of London Court of International Arbitration, Mahama Opposed Ibrahim’s Damang Mine Bid, and Other Big Stories in Ghana Today
Welcome to your curated roundup of the most relevant and impactful stories shaping Ghana today. We have gathered the key headlines you need to know. Stay informed.
Mahama Was the Biggest Obstacle to Ibrahim’s Damang Mine Bid — Felix Kwakye Ofosu
Government spokesperson Felix Kwakye Ofosu has rejected claims that President John Mahama influenced the process leading to the award of the Damang Mine lease to Engineers & Planners, insisting instead that the President became “the biggest stumbling block” to the bid. Speaking on PM Express, Kwakye Ofosu said the President deliberately recused himself from Cabinet discussions on the matter because his brother, Ibrahim Mahama, had an interest in the entity involved. He explained that the Vice President chaired the meeting in Mahama’s absence, adding that the President stepped aside because “we did not want the situation where it would appear that he was superintending the decision-making involving an entity that his brother had an interest in.”
Govt Seeks to Buy 30% of Gold From Miners to Boost Reserves — Central Bank
The government has asked large-scale gold miners to sell 30 percent of their annual output to the central bank as part of a revamped reserve-building drive, up from the previous 20 percent commitment. Paul Bleboo, head of the central bank’s Gold Management programme, said the government intends to negotiate for 30 percent of annual production from industrial miners, with the entire amount to be delivered in dore form. However, the Ghana Chamber of Mines CEO Kenneth Ashigbey said discussions on pricing and discounts are “not straightforward” and no agreement has been reached, with miners opposing volume-based discounts and proposing a gradual ramp-up instead.
Defence Ministry in ‘Safe Hands’ Despite Vacancy — Felix Kwakye Ofosu
Government spokesperson Felix Kwakye Ofosu has said the Defence Ministry remains in “safe hands” despite the continued absence of a substantive minister months after President John Mahama indicated one would be appointed. Speaking on PM Express, he maintained that government operations and Ghana’s defence architecture have not suffered any setbacks due to the unprecedented vacancy, citing ongoing military retooling and equipment acquisition efforts. He also suggested that having Finance Minister Dr. Ato Forson oversee the ministry in an acting capacity “perhaps helps” speed up funding and procurement processes, adding: “So, what is the exact problem at the Defence Ministry?”
Ghanaian Woman Appointed Vice President of the London Court of International Arbitration
Ghanaian woman, Nania Owusu-Ankomah, a partner at Bentsi-Enchill, Letsa & Ankomah, has been appointed Vice President of the London Court of International Arbitration (LCIA). Her appointment was announced in a statement shared on social media by the law firm on May 18, 2026. LCIA Director General Kevin Nash said: “Nania has already made a real contribution to the LCIA’s leadership through her work on the Court and with the African Users’ Council, and her appointment as Vice President properly recognises that.” Owusu-Ankomah lectures in Alternative Dispute Resolution at the Ghana School of Law and is called to the Bar in England and Wales and in Ghana.
Ghana Bar Association Slams Afenyo-Markin Over Judge Comments
The Ghana Bar Association (GBA) has condemned recent public comments made by the Minority Leader, Alexander Kwamena Afenyo-Markin, describing them as inappropriate and a threat to judicial independence. GBA Public Relations Officer Saviour Kudze said the association would not condone conduct by lawyers that undermines judges or the integrity of the judiciary, adding: “What the Minority Leader, a senior lawyer at the Bar, has done is condemnable at every level.” Afenyo-Markin had reportedly said of a Circuit Court judge: “That Circuit Court 9 judge, I have no respect for him. I pray he summons me for contempt. I will continue to disrespect him until he upholds the law.”
‘FBI Is Not God’ — Abu Trica Reacts After GH¢30 Million Bail
Ghanaian businessman Abu Trica has reacted after being granted a GH¢30 million bail over his alleged involvement in an $8 million romance scam. On Snapchat, he shared claims by his lawyer, Oliver Barker-Vormawor, that he had been “set up by an FBI informant” who approached him over a $50,000 transaction and that the FBI threatened to link him to the $8 million scam if he failed to cooperate. Abu Trica urged Ghanaians not to suffer from an “inferiority complex,” stating: “The FBI is not God. Just like the Ghana Police, when they make an allegation, they must prove it.”
Ghana Risks Outsourcing Economic Sovereignty Under IMF PCI Deal — ISODEC
Policy think tank ISODEC has warned that Ghana’s decision to enter a new IMF Policy Coordination Instrument (PCI) arrangement risks outsourcing the nation’s economic sovereignty to Washington. Economist Dr. Adamu Abile argued that Ghana’s recent macroeconomic stability was driven more by domestic initiatives such as gold reserve accumulation and foreign exchange management than by the IMF programme itself. He criticised the notion that the PCI would boost investor credibility, describing it instead as evidence of an “unhealthy appetite for borrowing,” adding: “We are trying to outsource our policy sovereignty to Washington.” The government insists the PCI is strictly a technical and monitoring arrangement.
Ghana News
Government Deploys Military to Mallam in High-Stakes Bid to End Perennial Flooding
The government has launched a major military-led operation to reclaim the Lafa water retention basin at Mallam, deploying the 48 Engineer Regiment of the Ghana Armed Forces in a high-stakes effort to break the cycle of perennial flooding that has devastated communities in Mallam, Weija, Blue Lagoon, Dansoman and surrounding areas for years.
The intervention, which involves breaking up tonnes of compacted solid waste and dredging heavily silted sediment from the basin, comes nearly two months after torrential rains on June 29 triggered catastrophic flooding across the Greater Accra Region.
The exercise is being coordinated by the Post-Flood Mitigation Task Force, led by the Deputy Chief of Staff in charge of Operations, Mr Stan Xoese Dogbe.
“We are dealing with decades of deliberate dumping,” said Ing. Richard Kofi Amekor, Head of Drainage at the Ghana Hydrological Authority. “Solid waste, boulders and laterite have been tipped into this basin for years. The reservoir is so heavily silted that rainwater could not flow into it naturally, causing backflow that swamped Blue Lagoon, the Mallam-Gbawe corridor and parts of Dansoman.”
According to Ing. Amekor, the Lafa stream originates from Mallam-Gbawe Zero and passes through Santa Maria, Atieku, Pallas Town, Alhaji Tabora and McCarthy Hill before draining into the basin and eventually into the sea. But the obstruction of the basin turned the watercourse into a death trap during the June downpour.
The military engineers face an arduous task. Brigadier General Richard Kinney, Commander of the 14 Engineer Brigade, revealed that the waste had been capped with laterite over the years to create land for illegal sale and development, making excavation particularly difficult.
“Our immediate task is to loosen the compacted material before removal. To minimise traffic disruptions, all haulage of excavated debris will be undertaken at night to the designated landfill site at Nsawam,” Brig. Gen. Kinney stated. He added that the entire dredging and evacuation exercise is expected to take several months.
Beyond the dredging, officials are calling for a more permanent solution: the demolition of all illegal structures erected within the water retention area. Ing. Amekor noted that buildings constructed inside the basin have substantially reduced its storage capacity.
“Once the illegal structures are removed, the Hydrological Authority will work with the Weija-Gbawe Municipal Assembly to secure the banks and ensure continuous monitoring,” he said, warning that restoration of the basin will significantly reduce flooding impacts, though it may not eliminate flooding entirely due to the area’s topography and upstream runoff.
Brigadier General Forster Okae-Yeboah, Director General of Joint Operations of the Ghana Armed Forces and Coordinator of the Flood Mitigation Works, confirmed that the Mallam operation is part of a wider, nationwide offensive. Similar dredging works are ongoing at Oyarifa, East Legon and the Kpeshie Lagoon, while work will begin next week around the Kpeshie-Laboma Beach enclave to reopen the channel linking the lagoon to the sea.
“Government has fulfilled its commitment by providing funding and equipment for this exercise, but we appeal to the private sector to support this nationwide initiative,” Brig. Gen. Okae-Yeboah said.
He stressed that military action alone would not solve Ghana’s flooding crisis without sustained public cooperation.
“Residents must stop dumping refuse into the basin and encroachers must vacate immediately. Only by protecting our waterways can we protect lives and property,” he admonished.
Ghana News
‘We Need Factories’: Ato Forson Calls on China to Invest in Ghana’s Industrial Future
Finance Minister Cassiel Ato Forson is calling for a shift in Ghana’s economic relationship with China, arguing that the country needs investment in factories, technology and local industries rather than a trade structure dominated by the export of raw materials.
Forson made the case as Ghana and China opened the Fifth Session of the Ghana–China Joint Commission on Economic, Trade and Technical Cooperation, where he urged both countries to embrace a new approach centred on value addition, industrial investment, technology transfer and job creation.
While China remains Ghana’s largest trading partner, Forson said the structure of that relationship must evolve to ensure more of the wealth generated from Ghanaian resources remains within the country.
“Ghana’s priority is to process more of what we produce and export more value-added goods, including processed cocoa, to China,” Forson said.
His message amounted to a broader call for investment that helps Ghana build its productive capacity at home.
“We are also seeking investments that build factories, transfer technology, support Ghanaian businesses, train our people and create sustainable jobs,” he added.
A trade relationship marked by imbalance
The call comes as trade between Ghana and China continues to grow. Bilateral trade reached a record $14.1 billion in 2025, representing a 19.3% increase from the previous year.
But the figures also highlight a longstanding imbalance. In 2024, China exported about $9.844 billion worth of goods to Ghana, compared with roughly $1.992 billion in Ghanaian exports to China.
China’s exports have included machinery, electrical equipment, textiles and steel, while Ghana’s exports have largely consisted of commodities such as crude oil, manganese ore and cocoa beans.
Forson’s argument is that Ghana must move further up the value chain — processing its own resources and agricultural products before they leave the country rather than importing higher-value finished goods.
For a country whose economy has long relied heavily on commodity exports, the push for domestic processing could also mean more opportunities for manufacturing and employment.
China opens its market — but can Ghana capitalize?
The renewed focus on industrialisation comes as China expands market access for African exporters. Beginning May 1, 2026, China extended zero-tariff treatment to products from 53 African countries with which it has diplomatic relations, including Ghana.
The policy could create new opportunities for Ghanaian businesses, but expanded access alone may not solve the country’s trade imbalance if Ghana continues to export primarily unprocessed materials.
Forson’s remarks suggest Ghana is seeking to pair greater access to the Chinese market with investments that can strengthen domestic supply chains and help local companies produce more finished goods.
At the continental level, the challenge is similarly pronounced. Trade between China and Africa reached a record $348.05 billion in 2025, but Chinese exports substantially exceeded imports from African countries, leaving the continent with a significant trade deficit.
Ghana seeks investment beyond extraction
Chinese investment is already spread across several sectors of Ghana’s economy, including mining, energy, manufacturing and construction. But as Ghana pursues broader economic transformation, officials are increasingly stressing investments that bring technology, skills and long-term industrial capacity alongside capital.
Chinese Assistant Minister for Commerce Zhang Li acknowledged Ghana’s economic recovery and expressed China’s commitment to deepening cooperation, including through industrialisation and economic transformation.
For Forson, however, the message was clear: Ghana’s future trade strategy cannot simply be about selling more raw materials abroad.
It must also be about building the factories and industries capable of turning Ghanaian resources into higher-value products — and creating sustainable jobs in the process.
Ghana News
Top News Headlines from Ghanaian Newspapers: Tuesday, August 25, 2026
Ghana’s major news outlets on Tuesday, August 25, 2026, lead with a mix of high-stakes political drama, government interventions in the mining sector, and pressing economic developments. The headlines are dominated by the escalating legal battle between Minority Leader Alexander Afenyo-Markin and GoldBod CEO Sammy Gyamfi over extortion allegations, while President Mahama’s administration moves to rescue the struggling Adamus Resources mine and fends off scrutiny over GoldBod’s financial losses.
1. The Daily Banner
BaWumia Throws Weight Behind Afenyo-Markin
2. Spyder
Cash-Strapped House of Chiefs Grounds Justice
3. The Hawk
Buah Revokes Presidency Rescues Adamus / Paul Afoko Files for NPP Chairmanship
4. Daybreak
Bagbin to Admit Minority’s GoldBod Motion / NLA Staff Suspend Strike
5. The Business Analyst
GoldBod Rejects GH¢1bn Overdraft Allegation
6. The Daily Searchlight
I Believe In Afenyo-Markin! – Bawumia Affirms
7. Business & Financial Times
Mining Chamber Urges Shift from Local Content to Local Capability
8. Daily Post
NDC Formally Notifies Bagbin of James Agalga’s Appointment as Majority Leader
9. The Dispatch
Mahama Intervenes to Save Adamus Mine
10. The Chronicle
I’m Ready to Face OSP – Afenyo-Markin Sues Sammy Gyamfi
11. Daily Guide
Adamus Resources Welcomes Turnaround Plan
12. The Ghanaian Times
Cutting Waste Key to Economic Disaster Looms at Ashaiman
13. Daily Graphic
FDI Inflows Jump to $2.62bn After 2-Year Decline
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Ghana News2 hours ago‘We Need Factories’: Ato Forson Calls on China to Invest in Ghana’s Industrial Future
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Ghana News2 hours agoGovernment Deploys Military to Mallam in High-Stakes Bid to End Perennial Flooding
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