Ghana News
Cheddar Tipped to Become President, Major ECG Maintenance Today, Export Earnings Hit $11.1bn, and Other Big Stories in Ghana Today
Welcome to your curated roundup of the most relevant and impactful stories shaping Ghana today. Stay informed!
GRIDCo, ECG Announce Maintenance Across 4 Regions on Wednesday, May 20

The Ghana Grid Company (GRIDCo) and the Electricity Company of Ghana (ECG) have scheduled an extensive network of planned and emergency maintenance exercises across four regions for Wednesday, May 20, 2026. Engineers are set to undertake critical infrastructure upgrades that will temporarily disrupt power supply to dozens of communities in the Accra East, Accra West, Tema, Central, and Volta Regions. In the Accra East Region, a planned maintenance operation will run from 9:00 am to 5:00 pm, affecting Dzen Ayor, Ability, Haatso Trotro Station, Agbogba Junction, 37, and surrounding areas. In the Volta Region, GRIDCo will undertake emergency maintenance works at the Aflao Bulk Supply Point from 8:30 am to 4:00 pm, affecting Denu, Aflao, Ave Towns, Keta, and surrounding areas. The ECG and GRIDCo extended their apologies to all affected customers, acknowledging the inconvenience caused.
Mahama Fully Backs the OSP – Gov’t Rejects Secret Plot Claims
Government spokesperson Felix Kwakye Ofosu has denied claims that the Mahama administration is secretly working to weaken or scrap the Office of the Special Prosecutor (OSP). Speaking on PM Express, he insisted President John Mahama fully supports the anti-corruption office and had previously intervened to stop efforts to abolish it. According to him, when a bill was tabled in Parliament last year by the Majority Leader and Majority Chief Whip seeking to scrap the office, President Mahama personally stepped in and urged party leaders to allow the institution to continue operating. “The president prevailed on the majority leader and the majority chief whip to give the special prosecutor a chance,” he stated. Kwakye Ofosu argued that recent legal battles involving the OSP were being wrongly interpreted as government attacks on the institution.
Ghana to Bid Farewell to Apostle Kwadwo Safo as Funeral Rites Set for July 30
Ghana will bid a final farewell to industrialist and founder of the Kristo Asafo Mission, Apostle Dr. Kwadwo Safo, with his funeral and burial rites scheduled to begin on July 30, 2026. The burial service for the celebrated religious leader and innovator will take place at Gomoa Mpota in the Central Region. A national farewell ceremony is also expected to be held at Independence Square in Accra on July 31, where thousands of mourners, dignitaries, traditional leaders, church members, politicians and admirers are anticipated to gather. The funeral activities will conclude with a thanksgiving service at Jackson Park in Kumasi on August 1. The late Apostle Safo, popularly known as “Kantanka,” was widely regarded as one of Ghana’s most influential indigenous innovators.
Cedi Depreciates 8.4% Against Dollar as Inflation Falls to 3.4% – Bank of Ghana Data
The Ghana cedi recorded a year-to-date depreciation of 8.4 per cent against the United States dollar by mid-May 2026, according to the latest Summary of Economic and Financial Data released by the Bank of Ghana on May 19, 2026. The local currency traded at GH¢11.4125 to one US dollar in the first week of May, weakening from GH¢10.95 at the end of January. Against the British pound, the cedi depreciated by 7.5 per cent year-to-date, trading at GH¢15.2055 to the pound, while against the euro, the cedi also recorded a 7.5 per cent depreciation, closing at GH¢13.2695. However, consumer inflation continued its downward trajectory, falling to 3.4 per cent year-on-year in April 2026, with food inflation at 2.2 per cent. The Monetary Policy Rate was reduced to 14.0 per cent in April 2026, down from 28.0 per cent recorded in April 2025.
Ghana’s Public Debt Hits GH¢674.1bn as of February 2026
Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026, equivalent to 42.2 per cent of Gross Domestic Product (GDP), according to the Bank of Ghana’s May 2026 Summary of Economic and Financial Data. In dollar terms, the public debt stock stood at US$63.1 billion in February 2026, up from US$61.3 billion (GH¢641.1 billion) in December 2025. The data showed that external debt stood at US$29.3 billion in February 2026, representing 19.6 per cent of GDP, while domestic debt increased to GH¢360.4 billion in February 2026, from GH¢341.0 billion in January 2026, about 22.6 per cent of GDP. For the government’s fiscal operations, the fiscal deficit-to-GDP stood at 0.3 per cent in March 2026, while the primary balance stood at a surplus of 1.2 per cent of GDP.
Ghana’s Export Earnings Hit $11.1bn on Surging Gold Prices
Ghana’s total export earnings reached $11.1 billion by the end of April 2026, driven largely by rising gold prices and strong export performance – an increase from the $9.2 billion recorded during the same period in 2024. According to the Bank of Ghana’s Summary of Economic and Financial Data, gold exports brought in $6.8 billion by the end of April 2026, compared to $5.2 billion recorded during the same period last year. Earnings from cocoa exports stood at $1.8 billion, unchanged from the figure recorded in April 2026, while crude oil exports generated $1.2 billion. On the import side, Ghana spent $5.8 billion between January and April 2026, up from $5 billion in the same period last year. Despite the increase, Ghana recorded a trade surplus of $5.2 billion. The country’s international reserves increased to $14.4 billion in April 2026, up from $13.8 billion in December 2025.
‘Cheddar Will Become President and I Will Be Appointed Minister of Spiritual Affairs’ – Ajagurajah
Leader of the Ajagurajah Movement, Bishop Kwabena Asiamah, popularly known as Prophet Ajagurajah, has made a bold prediction that businessman and politician Cheddar will eventually become president of Ghana. In an interview on Angel FM, shared on X and sighted by GhanaWeb on May 19, 2026, he stated: “Cheddar will become the president of Ghana. By then, I will have grey in my beard, and I will have locked my hair seven times.” Prophet Ajagurajah further claimed that when his prophecy comes to pass, Cheddar will appoint him as Ghana’s first-ever Minister for Spiritual Affairs – a ministry he said would be the first of its kind in the country. The video has triggered massive reactions among netizens on social media.
Okuapehemaa Cautions Against Sophia Akuffo’s Purported Enstoolment
The Okuapehemaa, Nana Afua Nketiaa Obuo II, has cautioned against the purported enstoolment of former Chief Justice Sophia Akuffo as Mmrahene of the Akuapem Traditional Area, describing the process as legally and customarily contentious. A press release from the Okuapehemaa’s office noted that the purported enstoolment is expected to be conducted by Odehye Kwadwo Kesse, who continues to hold himself out as Okuapehene under the stool name Oseadeeyo Nana Kwasi Akuffo III despite judicial pronouncements concerning his legitimacy. The statement referenced a 2020 judgment by the Eastern Regional House of Chiefs, a High Court contempt conviction with a GH¢10,000 fine, and a Supreme Court dismissal of an appeal on February 20, 2024. The office urged Justice Sophia Akuffo to exercise restraint, stating that her distinguished record as a jurist should not be associated with a disputed traditional authority process.
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 News5 hours ago‘We Need Factories’: Ato Forson Calls on China to Invest in Ghana’s Industrial Future
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Ghana News4 hours agoGovernment Deploys Military to Mallam in High-Stakes Bid to End Perennial Flooding
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