All posts by Piesie Okrah

From crisis to confidence: How the 2026 SONA paved way for a nation reborn – Selassie Israel writes

On February 27,2026, President John Dramani Mahama stood before the Parliament of Ghana to deliver the 2026 State of the Nation Address (SONA), he was not merely reciting a list of government achievements. He was presenting a comprehensive scorecard of a nation in recovery, offering a compelling narrative of how Ghana has navigated its way out of one of its most turbulent economic periods. The address served as a powerful tool for comparative analysis, contrasting the “dark days” of the recent past with a “dawning” of renewed hope and stability. The positive impact of this message and the data behind it, can be felt across the economy, in the pockets of citizens, and in the social fabric of the nation.

The Fiscal Foundation: A Story of Discipline and Credibility

The most profound impact of the 2026 SONA was its demonstration of restored fiscal discipline. President Mahama used the platform to draw a stark comparison between the “severe crisis” his administration inherited and the robust health of the nation’s finances today. He reminded the House that December 19, 2022, was “one of the darkest days in Ghana’s economic history,” a time when the country was forced to default on its debt payments. The progress since then has been nothing short of remarkable.

The President announced that through aggressive fiscal consolidation, public debt had been slashed by a staggering GHC82.1 billion, reducing the debt-to-GDP ratio from 61.8% to 45.3%. This is not merely an accounting win but a tangible sign that the economy is no longer being crushed by the weight of its past obligations. Furthermore, the government didn’t just manage its debt, it paid it down. By settling a $709 million Eurobond ahead of schedule and completing the $1.4 billion debt service for 2025, Ghana signaled to the world that it was serious about its commitments.

The international community took notice. President Mahama proudly highlighted Ghana’s “triple credit upgrade” from Fitch, Moody’s, and Standard & Poor’s the first such occurrence in many years. This is perhaps the most powerful comparative indicator of all. It shows that global financial markets now view Ghana as a credible and stable destination for investment, a far cry from the pariah status that follows a debt default. As the President put it, “Ghana’s credibility has been restored.”

Macro Stability Reaches the Pocketbook: Lower Prices and a Stronger Cedi.

The positive impact of this fiscal prudence was not confined to boardrooms in Accra or financial capitals abroad but it filtered directly down to the lives of ordinary Ghanaians. The President’s address provided a powerful comparison between the suffocating inflation of the past and the current reality of price stability.

Inheriting inflation that had peaked at a devastating 54.1%, the government’s policies drove it down from 23.5% at the end of 2024 to a mere 3.8% by January 2026. For a Ghanaian household, this means the difference between struggling to put food on the table and having a predictable, manageable budget. The President was keen to stress that “these are not just statistics,” but the reality of a parent being able to provide for their family. This sentiment was echoed in the drastic reduction in fuel prices, which fell from a high of GH¢15.2 per litre to GH¢9.97, offering immediate relief to millions of commuters and businesses.

Perhaps one of the most psychologically impactful achievements touted was the strength of the Ghanaian cedi. In a memorable line, President Mahama declared, “We did not arrest the dollar, we strengthened the cedi to put up a good fight against the other currencies.” The result was a 40.7% appreciation against the US dollar, a feat achieved through disciplined policy rather than artificial controls. SA stable cedi lowers the cost of imported goods, reduces uncertainty for businesses, and restores national pride in the local currency.

Real Economy, Real People: Jobs, Growth, and Social Interventions

Beyond the macroeconomic indicators, the 2026 SONA showcased how the “Resetting Ghana” agenda was translating into tangible benefits in the real economy. The comparative analysis here is between an economy that was shrinking opportunities and one that is now creating them.

The President reported that Ghana’s GDP is projected to hit $113 billion in 2025, up from $83 billion in 2024, positioning the nation among the top ten economies in Africa. Crucially, this growth is being felt in the labour market. According to the Ghana Statistical Service, over one million Ghanaians found employment between the first and third quarters of 2025.  In the same period, nearly 950,000 citizens were lifted out of multidimensional poverty, demonstrating that the economic recovery is inclusive. The government’s decision to abolish taxes like the e-levy, betting tax, and COVID-19 levy effectively returned about GH¢6 billion to the pockets of citizens, stimulating economic activity at the grassroots level.

The positive impact also extended to critical social sectors. The President reaffirmed the government’s commitment to the free sanitary pads initiative, framing it not as a cost, but as “a sound, pragmatic investment” in the nation’s future . By tackling period poverty, the policy aims to keep girls in school, promote equity, and empower the next generation of Ghanaian women.

Conclusion: A Nation on the Runway

The 2026 State of the Nation Address was more than just a government report; it was a watershed moment for national psychology. By systematically comparing the depths of the 2022-2024 crisis with the heights of the 2025-2026 recovery, President Mahama made a powerful case for hope grounded in data. From a restored international credit rating and a stable currency to a million new jobs and a historic debt reduction, the positive impacts outlined in the SONA collectively argue that Ghana is not just recovering but is in the President’s words, “on the runway, in take-off mode.” The direction is set, and the hope, it seems, is finally real.

 

By Selassie Isaac Israel,

PhD student in Business Administration |  Ch.FM | MBA |  BSC

 

 

GoldBod CEO Sammy Gyamfi reaffirms Ghana’s commitment to conflict-free diamond trade at KPCS review opening

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has reaffirmed Ghana’s commitment to ensuring a transparent and conflict-free diamond trade during the opening ceremony of the Kimberley Process Certification Scheme (KPCS) Review Visit to Ghana.

Speaking at the event held at the Mövenpick Ambassador Hotel, Accra, on Monday, March 9, 2026, the GoldBod CEO welcomed the international delegation and expressed Ghana’s readiness to cooperate fully with the review team.

The review mission, taking place from March 9 to 12, is led by the Russian Federation and brings together representatives from participating countries, government institutions, industry stakeholders, and civil society organizations.

In his address, Mr. Gyamfi emphasized that Ghana remains firmly committed to the principles and objectives of the Kimberley Process, which was established to prevent conflict diamonds from entering the global market.

“Our participation in the Kimberley Process reflects our determination to ensure that diamonds produced and exported from Ghana comply fully with international standards while contributing meaningfully to national development and the wellbeing of our people,” he said.

He noted that Ghana’s implementation of the certification scheme is supported by strong inter-agency collaboration involving the Ministry of Lands and Natural Resources, the Minerals Commission, the Ghana Revenue Authority, law enforcement agencies, and other industry stakeholders.

According to Mr. Gyamfi, this coordinated approach has strengthened export controls, traceability systems, and verification processes to ensure that diamonds exported from Ghana remain conflict-free and responsibly sourced.

The CEO highlighted recent reforms aimed at improving governance across Ghana’s diamond value chain.

These include strengthening inspection and verification mechanisms, enhancing internal control systems, improving data management processes, and providing continued capacity building for technical and frontline officers.

He also pointed to sustained oversight in diamond-producing areas such as Akwatia and surrounding communities as part of efforts to ensure compliance with global standards.

Describing the review visit as an important opportunity for constructive engagement and institutional learning, Mr. Gyamfi said:

“We view this review not merely as an assessment exercise but as a platform for dialogue, peer learning, and strengthening our systems. We are confident that the observations and recommendations of the review team will support Ghana in further improving its implementation of Kimberley Process requirements.”

Technical teams from Ghana are expected to brief the delegation on the country’s legal and regulatory framework governing the diamond sector, export and certification procedures, internal control systems, and collaboration with enforcement agencies.

As part of the visit, the delegation will also undertake field engagements and institutional meetings to gain deeper insight into Ghana’s diamond governance system.

The CEO noted that Ghana currently serves as Vice Chair of the Kimberley Process and is preparing to assume the Chairmanship in 2027.

He assured participants that the country remains committed to supporting the continued evolution of the process through inclusive dialogue and pragmatic leadership.

He also expressed hope that members of the delegation would experience Ghana’s hospitality and rich cultural heritage during their stay.

Mr. Gyamfi officially declared the Kimberley Process Certification Scheme Review Visit to Ghana open, wishing the delegation fruitful deliberations and a successful mission.

 

Source: myxyzonline.com

Empowering women is a strategic investment in better governance – Vice President Opoku-Agyemang

Ghana’s Vice President, Prof. Jane Naana Opoku-Agyemang, has emphasized that empowering women is not an act of charity but a strategic investment in stronger governance and national development.

In a message posted on Facebook to mark International Women’s Day on Sunday, 8 March 2026, the Vice President extended greetings to women and girls in Ghana and across the world while highlighting their enduring role in national progress.

“On this International Women’s Day 2026, I send heartfelt greetings to all women and girls across Ghana and around the world. Let us be proud of the resilience, achievements, and essential contributions women continue to make to our nation’s progress,” she wrote.

The Vice President pointed to Ghana’s national theme for this year’s celebration, “Giving to Gain,” noting that the principle is already being demonstrated through deliberate efforts to increase women’s participation in governance.

“In Ghana, the theme ‘Giving to Gain’ is already demonstrated through concrete actions,” she stated.

According to her, the policy direction to ensure that women occupy at least 30 percent of government appointments reflects the importance of inclusive leadership in national development.

“The intentional effort to ensure women make up at least 30% of government appointments recognises a simple truth about national development: when women serve as ministers, lead key public institutions, and help shape policy at the highest levels, the country benefits from a broader range of talent and perspectives,” she said.

Beyond government, the Vice President stressed that expanding opportunities for women across all sectors of society strengthens the country’s leadership base and national capacity.

“But the principle goes beyond government institutions,” she explained.
“In business, academia, civil society, the creative industries, faith leadership, and other sectors, expanding opportunities for women enhances our national life and increases the pool of leadership that we rely on.”

She concluded by emphasizing that empowering women is fundamental to building a stronger nation.

“Empowering women is not just a favour; it is a strategic investment in better governance and a more confident Ghana.”

The Vice President ended her message with a simple note of celebration: “Happy International Women’s Day.”

 

Source: myxyzonline.com

Agongo: Ghana’s economic recovery faces ‘global storm’ as cocoa prices crash

Renowned businessman and philanthropist Alhaji Seidu Agongo has warned that while Ghana’s macroeconomic indicators are showing a remarkable recovery, a “gathering global storm,” driven by a crash in cocoa prices and tensions in the Middle East, threatens to erode these fragile gains.

In an analytical piece reflecting on President John Dramani Mahama’s recent State of the Nation Address (SONA), Agongo applauded the government’s ability to steer the economy from a 54% inflation peak in 2022 to a remarkable 3.3% in February 2026.

However, he cautioned that external shocks are now testing the resilience of the so-called “Mahama recovery.”

Agongo noted that the cooling of inflation has moved beyond mere “economic jargon” to provide tangible relief for Ghanaian households.

“For many, the moderation of inflation. has translated into slower increases in food, transport, and utility costs,” Agongo stated. He credited a more stable Cedi and improved supply conditions for reducing the uncertainty that previously crippled business planning.

Despite domestic stability, two major international events are casting a shadow over Ghana’s economic outlook:

The Cocoa Price Collapse: After hitting a record $10,000 per ton in 2024, global cocoa prices have plummeted to approximately $3,026 per ton as of March 4, 2026. This forced Ghana to slash its producer price by 28.6%, severely impacting farmer incomes and state revenue.

Middle East Volatility: Recent Israel–United States strikes on Iran have triggered fears that crude oil prices could surge above $100 per barrel.

Agongo warned that for a “small, open economy” like Ghana, high oil prices could trigger a chain reaction: higher pump prices, increased transport fares, and renewed upward pressure on inflation.

Addressing the leadership required to navigate these crises, Agongo highlighted President Mahama’s extensive experience.

He recalled the President’s handling of the 2013–2016 capital flight and energy crisis, noting that his “tenacity” in fixing the power sector remains a foundation for today’s stability.

“While the world navigates the current stormy system, local policymakers will need to tap these experiences and deploy people-centered measures,” he wrote.

Agongo argued that the government cannot face these challenges alone. He outlined a multi-stakeholder strategy to protect Ghana’s gains:

For Government: Accelerate domestic food production and strengthen the “buffers” created by the Gold Board and fiscal reforms.

For SMEs: Adopt digital tools and renewable energy to remain competitive despite rising costs.

For Individuals: Practice deliberate financial planning and reduce unnecessary expenses.

“We must unite in our actions and words,” Agongo concluded. “We must pass whatever test these developments bring us, just as we triumphed over the bitter COVID-19 pandemic and debt restructuring.”

 

Source: myxyzonline.com

Sharing the blessings of Ramadan with the next generation – Agongo

As Muslims around the world observe the holy month of Ramadan, acts of generosity and compassion remain at the heart of the spiritual journey.

In that spirit, businessman and philanthropist Alhaji Seidu Agongo has donated beverages and prayer materials to the Muslim students of Accra Academy, supporting their observance of the sacred month.

The gesture, he said, reflects the deeper values of Ramadan — a period not only of fasting, but also of charity, reflection, and solidarity with others.

Speaking after the donation, Alhaji Agongo noted that Ramadan serves as a reminder of the shared responsibility to support and uplift one another, particularly the younger generation.

“Ramadan is not only about abstaining from food and drink. It is a time that calls us to compassion, generosity, and a renewed commitment to the well-being of those around us,” he said.

Drawing from his own upbringing, he added that coming from humble beginnings has shaped his belief that life finds greater meaning when people extend support to others in their communities.

He likened the principle of mutual care to the natural world, where living things often thrive through cooperation and protection.

“Even in nature we see examples of mutual support — trees sharing sunlight and nutrients, and animals protecting and nurturing one another. As human beings, honoured as the foremost of Allah’s creation, we must demonstrate even greater compassion and solidarity,” he said.

He further cited teachings from the Qur’an, which emphasize the spiritual rewards of generosity:

“The example of those who spend their wealth in the way of Allah is like a seed of grain which grows seven ears; in every ear are a hundred grains. And Allah multiplies for whom He wills.” (Qur’an 2:261)

He also referenced the teachings of the Prophet Muhammad (peace be upon him), who encouraged acts of service to others:

“The best of people are those who are most beneficial to others.”

According to him, supporting students during Ramadan may appear a small gesture, but it reflects an enduring principle of the Islamic faith — that giving is not merely charity but an expression of faith, gratitude, and brotherhood.

He prayed that Allah would accept the acts of kindness performed during the holy month and strengthen unity within communities.

“May Allah guide us all to be instruments of compassion, support, and hope for one another,” he said.

 

Source: myxyzonline.com

President Mahama marks 69th Independence anniversary with call for prosperity, unity, and accountability

President John Dramani Mahama delivered a compelling address on Ghana’s 69th Independence Anniversary, urging citizen to uphold the values of integrity, discipline, and patriotism while advancing the nation’s socio-economic transformation.

Speaking under the theme “Building Prosperity, Inspiring Hope,” the President emphasized that Ghana’s progress relies not only on government action but also on active citizen participation.

Addressing dignitaries, including Prime Minister Dr. Terrance Drew of St. Kitts and Nevis, Vice President Jane Naana Opoku-Agyemang, former Presidents John Agyekum Kuffour and Nana Addo Dankwa Akufo-Addo, and other senior officials, President Mahama highlighted Ghana’s journey from its independence in 1957 under Osagyefo Dr. Kwame Nkrumah to its present democratic achievements.

He reaffirmed that Ghana’s democracy has endured because citizens have learned to compete without destroying, disagree without hatred, and transfer power peacefully.

The President recounted Ghana’s historical and continental contributions, underscoring efforts to address historical injustices.

“Later this month, Ghana will submit a motion to the United Nations declaring slavery and the transatlantic slave trade the gravest crime against humanity,” he stated, calling for justice and restitution for Africa and its diaspora.

On domestic development, President Mahama highlighted key achievements over the past year, including economic stabilization, debt renegotiation, and the creation of employment opportunities. He also celebrated the assent of the 24-hour Economy Authority Bill, aimed at boosting productivity, expanding business operations across multiple shifts, and generating thousands of jobs.

The President announced the near completion of the Women’s Development Bank, a platform providing financing, mentorship, and business support to women-led enterprises, emphasizing that empowering women strengthens families and drives national prosperity.

Youth empowerment and digital innovation were central to the address. President Mahama encouraged Ghana’s young generation to harness technology, entrepreneurship programs, and apprenticeship initiatives to transform ideas into business opportunities and creative ventures.

Ghana’s role in Africa’s economic integration was also highlighted. President Mahama reaffirmed Ghana’s commitment to the African Continental Free Trade Area (AfCFTA) and promoted a vision of a continent united by economic sovereignty, innovation, and shared prosperity.

Closing his address, President Mahama called on all Ghanaians to commit to excellence, uphold national values, and place the country above personal or partisan interests.

“Building prosperity, inspiring hope is not merely today’s theme; it is our national mission,” he declared.

The President concluded with a patriotic message: “May God bless our homeland Ghana and make our nation great and strong. Long live Ghana and long live African unity.”

If you want, I can also create a shorter, punchy version for online news that highlights the key points and achievements for faster reading. Do you want me to do that?

 

Source: myxyzonline.com

Ga Central MCE launches ‘Nkokɔ Nkitinkiti’ and national apprenticeship program to boost youth empowerment

The Municipal Chief Executive (MCE) for Ga Central, Emmanuel Adottey Allotey, has officially launched the ‘Nkokɔ Nkitinkiti’ and the National Apprenticeship Program (NAP) at the Ga Central Municipal Assembly.

He urged beneficiaries to seize the opportunity for sustainable development.

In his speech, Mr. Allotey emphasized that the initiative is a capital investment aimed at revitalizing the grassroots economy by empowering youth, creating jobs, and strengthening communities.

“When farmers thrive, the economy grows; when artisans expand, jobs are created; when the youth are empowered, communities become stable and prosperous,” he said.

The MCE encouraged poultry farmers, master craftsmen, and apprentices to work hard, remain disciplined, and seek guidance from agricultural and veterinary officers to turn their success into effective leadership and responsible citizenship.

He stressed that the program is not mere consumption but a serious investment in the future.

As a representative of the Municipal Assembly, Mr. Allotey pledged commitment to ensuring that every policy implemented translates into tangible improvements in the lives of Ga Central residents, marking the beginning of greater opportunities and prosperity for the municipality.

In a passionate address to the NAP beneficiaries, the Greater Accra Regional Coordinator, Jones Klutse, reiterated the importance of protecting the program and ensuring its success.

“Hold this program dearly; do not harm it or embarrass President Mahama. Do not give anyone cause to regret investing in this program,” Mr. Klutse appealed.

He further urged the beneficiaries, the hard-working MCE, and coordinating directors to collaborate with stakeholders so that the program achieves its goals.

Mr. Klutse also informed beneficiaries that they would receive stipends pending validation of the program, after which payments would be made to the master craftsmen and apprentices.

“Once the validation is completed, all payments will be made to the master craftsmen and apprentices,” he added.

The ‘Nkokɔ Nkitinkiti’ youth apprenticeship and master support program was formally declared launched during the event, with officials highlighting its role in fostering economic growth and youth development in Ga Central.

Some beneficiaries of ‘Nkokɔ Nkitinkiti’ expressed their heartfelt gratitude to the President for such a noble and kind gesture.

 

Source: myxyzonline.com

Vice President congratulates 52 recipients of the president’s Independence Day awards

Vice President Professor Naana Jane Opoku-Agyemang has praised the President’s Independence Day Awards for highlighting the country’s values in education, particularly dedication to learning.

She extended her warmest congratulations to 52 outstanding students from public and private schools across the 16 regions, including those with visual and hearing impairments.

“Over the years, the President’s Independence Day Awards have demonstrated what we value in our education system, which is dedication to learning. We continue to honor students nationwide who have distinguished themselves through dedication and discipline,” she noted.

She called for special recognition for the students with visual and hearing impairments while urging all students to pursue greater responsibility and achievements, citing this year’s theme, ‘Building Prosperity, Restoring Hope,’ as a call to action for all Ghanaians.

Speaking during the awards ceremony in Accra today, March 4, Prof. Opoku-Agyemang emphasized the importance of ensuring that every child has access to education, regardless of their background or ability.

Addressing concerns about troubling developments in schools, including exam malpractices, vandalism, and disrespect toward authorities, she stressed that such behaviors risk undermining national progress.

She added that, in response to these concerns, the Ministry of Education, through the Ghana Education Service (GES), is working to strengthen discipline and promote value-based education.

 

Source: myxyzonline.com

Nine arrested as Customs seizes undeclared tramadol at Tema Port

Nine individuals, including five Customs officers and personnel from various agencies, have been arrested in connection with the interception of a large consignment of undeclared Tramadol at Tema Port.

The arrest followed a significant seizure by the Customs Division of the Ghana Revenue Authority (GRA) involving 299 cartons containing 146,932,000 tablets of Tramadol Hydrochloride, weighing a total of 34,847.2 kilograms.

The operation was prompted by intelligence from the Preventive Wing of the Customs Division.

The shipment, which had been cleared under Bill of Entry 40226151187 on February 26, 2026, had been declared as containing household items, such as water kettles, kitchen blenders, and pressing irons.

However, upon re-examination on March 1, 2026, Customs officers discovered large quantities of concealed Tramadol tablets hidden within the container.

The shipment originated from the United Arab Emirates and was flagged due to discrepancies found during the joint re-examination by Customs officers and the Central Revenue Monitoring Team.

The authorities also detained the importer and declarant, who have been handed over to the police for further investigations.

The arrested officers include five from Customs, as well as one from the Narcotics Control Commission, one from Port Security, one from the Energy Commission, and one from the Standards Authority.

These individuals have been placed under Police inquiry bail.

The GRA reaffirmed its commitment to protecting national security, public health, and the integrity of Ghana’s revenue and border management systems.

 

Source: myxyzonline.com

Ghana heritage month 2026 kicks off: GTA urges Ghanaians to ‘eat, wear, and be’ local

The Ghana Tourism Authority (GTA) has officially launched Ghana Heritage Month 2026 with a colorful ceremony at the Nationalism Park, setting the tone for a month-long celebration of culture, identity, and national pride.

The event, held on Monday, March 2, brought together dignitaries, members of the diplomatic corps, chief executives of agencies under the Ministry of Tourism, Culture and Creative Arts, tourism industry stakeholders, and members of the GTA Board.

 

Among the special guests were UNESCO’s Head of Office and Representative to Ghana, Edmond Moukala, and Canada’s Culture Attaché, Karina Gould, who joined other development partners to celebrate Ghana’s rich cultural heritage.

In her address, the Chief Executive Officer of the Ghana Tourism Authority, Maame Efua Houadjeto, paid tribute to Ghana’s founding President, Kwame Nkrumah, describing his vision as one rooted in cultural identity and self-reliance.

“Osaagyefo Dr. Kwame Nkrumah envisioned a proud, self-sustaining nation anchored on its culture and identity. Today, we are reminded that our heritage is not a relic of the past, but the foundation of our future,” she said.

She urged Ghanaians to embrace the spirit of the celebration by consciously promoting local culture.

“Let us eat Ghanaian, wear Ghanaian, and be truly Ghanaian. Heritage Month is a clarion call for us to celebrate our culture intentionally and boldly,” she added.

According to her, Ghana’s cultural heritage remains one of the country’s strongest competitive advantages and a key driver of tourism growth, job creation, and national development.

Delivering the keynote address, the Minister for Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, called on citizens across the country to actively participate in activities lined up for the month.

“This is our month. It is a time to reconnect with our roots, celebrate our diversity, and project Ghana confidently to the world,” she stated.

She also extended an invitation to members of the diplomatic community to immerse themselves in Ghanaian culture.

“We invite our diplomatic partners not only to observe but to immerse themselves in our traditions, our cuisine, our music, and our stories. Ghana Heritage Month belongs to all who call Ghana home,” the Minister said.

In a solidarity message, Edmond Moukala reaffirmed UNESCO’s commitment to supporting Ghana in preserving and promoting both tangible and intangible cultural heritage.

He highlighted culture as a critical driver of sustainable development and commended Ghana for consistently placing heritage at the center of its national agenda.

The Minister later joined the GTA CEO and other dignitaries to officially declare Ghana Heritage Month 2026 open, symbolizing the start of activities nationwide.

The program opened with a prayer by Deputy CEO in charge of Operations, Ekow Sampson, while Deputy CEO for Marketing and Special Duties, Gilbert Abeiku Aggrey, served as Master of Ceremony.

The ceremony featured vibrant cultural performances and a strong display of traditional attire, reflecting Ghana’s diverse heritage.

It also attracted chief executives of agencies under the Ministry and key players within the tourism industry, including Shea Butter Ambassador, Hamamat Montia, whose presence underscored the importance of indigenous products and local enterprise in promoting Ghana’s cultural identity.

The well-attended launch, marked by patriotic fervor, sets the stage for a month of activities aimed at deepening national pride, boosting tourism, and strengthening Ghana’s position as a leading cultural destination on the continent and beyond.

Pictures of the occassion:

 

Source: myxyzonline.com

Kokomlemle Okada riders launch new Union branch to promote safety and unity

The Commercial National Motor (Okada) Riders Union has officially launched its Kokomlemle East Tip Toe Lane Town Riders Branch under the Ayawaso Central Zone.

Speaking at the event held on 28th February 2026 at Circle Tip Toe Lane, the Member of Parliament for Ayawaso Central, Hon. Abdul Tubaza, highlighted the importance of the initiative.

He urged all okada riders to take full advantage of the opportunity by legally registering their licenses, wearing protective gear, and riding responsibly to avoid conflicts with the police.

He stressed that the union must stand for unity, safety, discipline, and job creation within the commercial motorcycle sector.

The launch brought together union executives, local leaders, and key stakeholders, all of whom expressed their support for a more structured and professional okada industry.

Leaders pledged to promote professionalism and ensure “Okada Safety to Your Doorstep,” marking a significant step toward organized and responsible operations in the area.

In addition, the Chairman of the Okada Riders Union, Mohammed Tijani, expressed his heartfelt gratitude during the launch at Tip Toe Lane. He described the new branch as a major step toward economic empowerment and long-term sustainability for riders.

According to him, the launch represents hope for improved livelihoods, structured operations, and a stronger contribution from the okada sector to the local economy.

Furthermore, the National Vice Chairman for the Greater Accra Region expressed his full support for the launch, describing it as a transformative initiative for riders and the youth at large.

 

Source: myxyzonline.com

It’s time to build ‘an economic war chest’ with our gold – Mahama

President John Dramani Mahama believes the current high gold prices present a unique opportunity to build a buoyant economy that will shield the country from future financial shocks.

Describing it as an “economic war chest,” President Mahama explained that it would improve living standards and create lasting prosperity for future generations.

The Ghana Gold Board (GoldBod), since its establishment, has been positioned to lead the accumulation of foreign exchange reserves by purchasing gold from artisanal small-scale miners and some large-scale mining firms.

To start, it plans to purchase 127 tonnes of gold annually from licensed miners across the country.

In his State of the Nation’s address in Parliament, President Mahama said: “Mr. Speaker, it is forecast that gold prices will remain high over the next three years, and so this presents us with the unique opportunity to build an economic war chest to withstand any global shocks, secure our macroeconomic stability, improve the standard of living of our citizens, and build lasting prosperity for future generations.”

The government aims to bolster international reserves, stabilize the currency, and provide access to substantial foreign exchange without increasing public debt.

With gold prices projected to remain elevated, Ghana expects to enhance its economic stability and secure long-term prosperity.

The President, in his address to Parliament, credited the Ghana Gold Board as the key driver behind Ghana’s significant boost in international reserves, now standing at $13.8 billion, covering 5.7 months of imports.

According to him, GoldBod’s establishment has led to a surge in gold exports, with 103 tonnes exported in 10 months, generating over $10 billion in forex inflows.

This move aims to strengthen Ghana’s economic stability and assert sovereignty over its natural resources.

Addressing Parliament in his State of the Nation’s address, President Mahama noted that formalizing gold exports has reduced smuggling and increased recorded exports in the artisanal small-scale mining sector, with exports expected to reach 66.3 tonnes by the end of 2024.

Finance Minister Dr. Cassiel Ato Forson, last week, announced that the Ghana Gold Board would lead the country’s first-ever comprehensive national policy aimed at building sustainable macroeconomic stability and robust external reserves.

The policy, the Ghana Accelerated National Reserve Accumulation Policy (GANARAP), will leverage gold to strengthen Ghana’s foreign exchange reserves and promote economic stability.

 

Source: myxyzonline.com