Category Archives: Politics

Eight Years in the Wilderness: Seidu Agongo Shares Hard Lessons from Doing Business in Ghana

Ghanaian businessman Seidu Agongo has opened up on what he describes as eight difficult years navigating the country’s business environment, warning that building and sustaining enterprises in Ghana can sometimes feel uncertain.

According to him, while the private sector remains central to national development—creating jobs, driving innovation, and supporting economic growth—the realities on the ground can be far more complex.

Recounting his journey, Mr. Agongo said he started from humble beginnings in Nima, Accra, trading basic commodities such as rice, sugar, and cooking oil.

“I did everything—from offloading goods to managing accounts,” he noted, adding that the experience shaped his discipline, resilience, and understanding of business.

Over time, those early efforts expanded into investments across media, finance, and other sectors, supporting livelihoods and creating employment opportunities.

However, he revealed that between 2017 and 2024, his business operations faced significant setbacks.

He cited a fire outbreak that destroyed Class FM, one of his key media assets, as well as prolonged legal battles that kept him tied to courtrooms instead of managing his businesses.

The most significant challenge, he said, was the revocation of the licence of Heritage Bank Limited by the Bank of Ghana.

At the time, the bank was fully operational, with staff, customers, and a clear growth strategy.

Its closure, he said, came as a shock—especially when other struggling financial institutions received support.

Mr. Agongo further disclosed that he was subsequently labelled “not fit and proper,” leading to the closure of his bank accounts and restricted access to the financial system.

This, he noted, made it extremely difficult to operate his businesses.

Beyond the personal impact, he emphasised that the situation affected employees, families, and long-standing investments.

Reflecting on the experience, Mr. Agongo said the biggest lesson has been that compliance alone does not always guarantee protection.

He stressed the need for consistency, fairness, and transparency in regulation.

“To entrepreneurs, build with resilience and prepare for unexpected challenges,” he advised.

He also called on policymakers to ensure that businesses are not subjected to decisions that undermine their long-term viability.

“When businesses collapse, livelihoods are lost,” he stated.

Despite the challenges, Mr. Agongo remains optimistic, expressing his continued belief in Ghana and commitment to rebuilding.

“End the 5/90 monopoly now” – APC’s Hassan Ayariga demands transparency in digital lottery

Founder and leader of the All People’s Congress (APC), Alhaji Hassan Ayariga, is calling for an immediate end to what he describes as the monopolisation of Ghana’s digital lottery space.

According to him, the directive by President John Dramani Mahama to review agreements between the National Lottery Authority (NLA) and KGL Technology Limited must lead to decisive reforms, not cosmetic changes.

Dr Ayariga argues that the current structure of the 5/90 digital lottery system unfairly concentrates power in the hands of a single private entity.

“No single company should wield such control over a national revenue-generating platform,” he insists, warning that the situation undermines competition and sidelines other capable Ghanaian businesses.

The APC leader is also raising concerns about regulatory compliance, stressing that Ghana’s laws must be applied without fear or favour.

He cautions that any agreement that effectively hands operational or financial dominance to a private entity must be subjected to strict legal scrutiny.

“Selective enforcement of the law only weakens institutions and erodes public trust,” he stated.

Dr Ayariga is urging government and regulators to take bold and immediate steps, including:

* Reviewing or terminating exclusivity clauses
* Opening the digital lottery space to multiple qualified operators
* Ensuring transparency and accountability across the sector

He emphasised that competition is critical for efficiency, innovation, and value creation.

The APC leader further questioned whether the current arrangement maximises returns to the state, insisting that Ghana’s lottery system must serve the public interest—not private advantage.

“Ghanaians deserve a system that is fair, transparent, competitive, and fully accountable,” he added.

Dr Ayariga described the ongoing review as a defining moment for the government.

“This is not just about contracts. It is a test of whether national interest will prevail over entrenched advantage,” he said.

He concluded by urging authorities to act decisively to end monopoly control, enforce the law, and restore confidence in the sector.

According to him, failure to act could weaken institutions, discourage local enterprise, and undermine trust in the system

Dr Grace Ayensu-Danquah appointed to AU health committee secretariat

Deputy Minister of Health and Member of Parliament for Essikado-Ketan, Dr Grace Ayensu-Danquah, has been appointed as a Secretariat Member of the African High-Level Ministerial Committee (AHLMC), a key African Union body tasked with reforming global health governance.

Her appointment forms part of efforts by the African Union to strengthen Africa’s voice and influence in global health decision-making processes.

The decision was communicated in a letter dated April 13, 2026, and signed by Director-General of the Africa Centres for Disease Control and Prevention, Dr Jean Kaseya, following approval by the AU Assembly during its 39th Ordinary Session in February 2026.

The AHLMC is a flagship AU initiative aimed at consolidating Africa’s position and advocating for a more equitable, coherent, and effective global health system.

Under the framework, the Secretariat—led by the Africa CDC and supported by member states including Ghana and South Africa—provides strategic, technical, and operational support to the committee. Its mandate includes high-level policy engagement, analytical support, stakeholder coordination, and implementation of agreed reforms.

As a Secretariat member, Dr Ayensu-Danquah is expected to contribute to key priority areas such as health governance reform, sustainable financing, equitable access to healthcare, resilient health systems, and data accountability.

A board-certified general surgeon and public health policy expert, she brings extensive experience in trauma, burns, and reconstructive surgery, alongside a track record in health systems strengthening and policy alignment at both national and continental levels.

Boost for Ghana’s health diplomacy

Her appointment is seen as positioning Ghana prominently within Africa’s broader push to reshape global health governance and amplify the continent’s collective voice.

It also aligns with the health agenda of President John Dramani Mahama, which prioritises health system strengthening, preventive care, and regional cooperation.

The government has in recent months rolled out key initiatives, including the Free Primary Healthcare policy aimed at achieving Universal Health Coverage by 2030, and the Ghana Medical Health Trust, designed to mobilise sustainable funding for critical healthcare delivery and infrastructure.

These interventions are expected to complement ongoing efforts to improve public health financing, rebuild confidence in the National Health Insurance Scheme, and expand access to quality care, particularly in underserved communities.

Authorities have also reiterated their commitment to strengthening Ghana’s role in continental and global health governance, with a focus on equitable access to medicines, local pharmaceutical manufacturing, disease surveillance, and data systems.

Extensive global experience

In a statement, Dr Kaseya noted that Dr Ayensu-Danquah’s leadership and experience would “greatly enrich the work of the AHLMC Secretariat” and contribute to meaningful reforms in global health systems.

Dr Ayensu-Danquah holds medical degrees from the University of Wisconsin–Madison and the University of Southern California, as well as a Master of Public Health from Johns Hopkins University.

She is licensed to practise medicine in California, Michigan, and Maryland in the United States, and operates a private surgical facility in Accra.

She also serves as an Adjunct Professor of Surgery at the University of Utah Center for Global Surgery.

The lawmaker has previously served on the Technical Advisory Committee on the Safety of Vaccines and Biological Products of Ghana’s Food and Drugs Authority and has been involved with Days for Girls International Ghana.

Through her non-governmental initiative, Healing Hands Organisation, she has led efforts to provide free surgical care and donate medical equipment to underserved communities across the country.

She is a fellow of the Ghana College of Physicians and Surgeons and the American College of Surgeons.

Current Power outages not ‘dumsor’- Mahama as he announces nationwide replacement of obsolete transformers

President John Dramani Mahama as debunked assertions that the ongoing power outages shows the return of the power crisis also known as ‘Dumsor’.

According to him, it’s a calculated ploy to replace obsolete transformers in a bid to provide stable power for Ghanaians.

He said with the increasing population, it has become incumbent to undertake a mass replacement of the transformers to ensure power stability.

“ I appeal to our people. The outages we are facing are not DUMSOR . It is to enable you to get better quality and stable power” President Mahama said on Sunday.

President John Mahama who inspected transformers at the Northern Distribution Company (NEDCO) and Electricity Company Limited at the NEDCO Yard in Tamale on Sunday April 19,2026 as part of his two day tour of the region, President Mahama said the “We started to expand access to electricity from as far back as the 1980s when we started the national electrification program. At that time the population of Ghana was much smaller than it is today” he said

He said the aged old transformers are serving beyond their capacity.
“Today we are 33 million and it means that all our communities are expanding and so If we take the example of the transformer in Nungua, which was 22 years old, you can imagine that the transformer was installed 22 years ago” he stressed

He said for many years, ECG and NEDCO have not done anything a mass replacement of transformers to upgrade the power of the transformers to be able to meet the growing demand in the communities.

President Mahama who expressed joy over the manufacturing of these transformers locally however called on NEDCO and ECG to improve customer service response.

“We might just now improve customer response time. We need a system where when customers call, there is a quick response to either rectify faults or something. I was discussing that with the minister yesterday. So I am sure he will get back in touch with you to see how we can get some proper call centres, and employ young Ghanaians to sit there and respond to people when they call reporting faults and then we must have teams that are responding immediately if a fault is reported” he stressed.

President John Dramani Mahama as debunked assertions that the ongoing power outages shows the return of the power crisis also known as ‘Dumsor’.

According to him, it’s a calculated ploy to replace obsolete transformers in a bid to provide stable power for Ghanaians.

He said with the increasing population, it has become incumbent to undertake a mass replacement of the transformers to ensure power stability.

“ I appeal to our people. The outages we are facing are not DUMSOR . It is to enable you to get better quality and stable power” President Mahama said on Sunday.

President John Mahama who inspected transformers at the Northern Distribution Company (NEDCO) and Electricity Company Limited at the NEDCO Yard in Tamale on Sunday April 19,2026 as part of his two day tour of the region, President Mahama said the “We started to expand access to electricity from as far back as the 1980s when we started the national electrification program. At that time the population of Ghana was much smaller than it is today” he said

He said the aged old transformers are serving beyond their capacity.
“Today we are 33 million and it means that all our communities are expanding and so If we take the example of the transformer in Nungua, which was 22 years old, you can imagine that the transformer was installed 22 years ago” he stressed

He said for many years, ECG and NEDCO have not done anything a mass replacement of transformers to upgrade the power of the transformers to be able to meet the growing demand in the communities.

President Mahama who expressed joy over the manufacturing of these transformers locally however called on NEDCO and ECG to improve customer service response.

“We might just now improve customer response time. We need a system where when customers call, there is a quick response to either rectify faults or something. I was discussing that with the minister yesterday. So I am sure he will get back in touch with you to see how we can get some proper call centres, and employ young Ghanaians to sit there and respond to people when they call reporting faults and then we must have teams that are responding immediately if a fault is reported” he stressed.

 

Source : myxyzonline/Wisdon Hededzome

Free Primary Healthcare: The tricycles not ambulance; they are meant for transportation of health workers and logistics – Mahama clarifies

President John Dramani has stated without equivocation that the tricycles commissioned during the launch of the Free Primary Healthcare programme are only meant to transport health workers, volunteers and essential medical equipment to support the rollout of the programme.

According to him, those labeling the tricycles as ambulances are individuals without full knowledge of the programme. He has since called them out and cautioned against further spread of the falsehood.

Speaking at the ground breaking ceremony of the 24-hour economy model market at Bimbila in the Northern region as part of his #Resetting Ghana Tour on Saturday, April 18,2026, President Mahama “Let me be clear. If you don’t understand something ask, don’t jump into Concussion”.

You will recall that President Mahama launched the Free Primary Healthcare Programme on Wednesday, 16th April at the Shai Osudoku Hospital at Dodowa aimed at helping the country achieve universal healthcare.

Tricycles and motorcycles were commissioned to augment mobility of health workers from villages to villages as the programme targets citizens in underserved communities across the country.

Meanwhile some individuals have described the tricycles as ambulances. This conclusion the President is calling for its total rejection.

“Those tricycles are not ambulances; those tricycles are meant for health workers and health volunteers to go from village to village for screening that’s what they are meant for.” – President John Dramani Mahama said.

 

 

Source: myxyzonline/Wisdom Hededzome

I’ll fix Tamale water crises- President Mahama pledges .

President John Dramani Mahama has pledged to end the aged long water crises in Tamale and its environs.
He maintains that the water crises that has lingered for years can only be ended by him as an indigene.

Recounting the water crises as fa back as his days in Ghana Secondary School in Tamale, President made referenced the long distance on foot to the Vitim Dam to get water as students. “I grew up in Tamale, so I know the Tamale water problem has been a very persistent one. I remember when we were in Ghana school, we used to go to Vitim Dam to go and fetch water to wash our clothes and to bath” President Mahama recounted.

Speaking at the ground breaking ceremony for the construction of the 24-hour economy model market in Kukuo in the Tamale metropolis, on Saturday April 18,2026 as part of his two day #Resetting Ghana Tour of the region, President Mahama intimated that the erstwhile Akufo Addo regime defaulted in debts, and hence could not secure the €277 million facility needed for the water projects in Tamale and Damongo.

He has since directed the finance minister to raise the amount domestically to finance the project.
“I have directed the Minister of Finance that we will find our own €277 million in cities. And we will do the water system ourselves. I want to assure the people of Tamale” he said.
He added that as a citizen of the area, the onus lies on him to fix it.

“I am a citizen of Tamale. If I don’t solve this water issue, nobody will come and do it. I can assure you that we are going to fix the Tamale water problem” he pledged.
President Mahama further indicated that “this new system is going to bring 30 million gallons of water every day to Tamale”.

 

Source : myxyzonline/wisdon Hededzome

Pentecost University’s Dr Amo Baffour to contest for NDC Nat. Vice Chairman position

Dr Alexander Amo Baffour,a renowned economist and lecturer of the Pentecost University in Accra, has declared intention to join the NDC National Vice Chairmanship race when nominations are opened by the party.

Speaking to Piesie Okrah on Power FM ‘sAsem Kesie‘ programme on Thursday night, the educationist indicated that his ambition was driven by the seeming gap between the grassroot of the party and its leadership.

“The NDC, at all forms, looks attractive after winning power but we need to do more to get the base of the party to be strong through deliberate policies aimed at strengthening the very people who toiled to get us to power,” he noted while arguing that such a move will go a long way to sustain the party at all levels.

Dr Amo Baffour, who began his political journey by becoming a polling agent for the NDC at the University of Ghana in 2004 during his undergraduate studies, said his commitment to the party from the grassroot level has given him a fair idea of how the leadership of the party can solidify the base of the NDC while in power unlike in previous years.

He observed that mostly, the party leadership loses touch with its branches due to the busy schedules of those in leadership roles, creating a gap between the grassroot and the party’s leaders.

“I believe when some of us are given the opportunity to serve at the party front, the gap between the party branches and the leadership will be bridged to foster unprecedented unity that will help secure victory for the party always,” he stated in Akan.

Although he observed the Mahama administration has performed extremely well by putting the taxpayers first, he argued that the branches of the party across the country ought to be resourced to be able to continue that duties as was done prior to the 2024 elections.

Asked what he will do differently when elected into office, he explained that from the experience gained as a Patron for TEIN at the Pentecost University, and a National Vice Chairman for the NDC in China while pursuing his PhD, he would focus on re-energizing the grassroot to avert apathy at all times.

“While the Chairman of the NDC at Nanjing Chapter at China, I learnt a lot about mobilization of party supporters and did same when I returned to Ghana. I can bring that to bare to ensure the grassroots do not feel neglected,” he assured.

Dr Amoh Baffour was a branch chairman for the ‘Presby A’ branch at Sakumono in the Tema West Constituency where he has lived for years.

He was also a polling agent for his home constituency –Kwadaso in Kumasi – during the 2004 elections.

He has earned a PhD in Management Sciences and Engineering, MBA in Finance and Investment Management from Institutions in Ghana, London and China.

He is also an International Market Development and Economic Analyst.

His vision is to bridge the gap between the branches of the NDC and its leadership for national development.

 

Source: myxyzonline.com

After Slavery Recognition, Africa Must Confront Its Economic Reality- Alhaji Seidu Agongo

Ghana has once again drawn global attention to Africa’s historical truth.

Acting on behalf of the African Union, President John Dramani Mahama recently secured international recognition of slavery as the gravest crime against humanity. The decision marks a significant moral victory—one that reaffirms the scale and brutality of a system that displaced millions of Africans and reshaped the global economy to the continent’s disadvantage.

For generations, the story of slavery has lived in history books and collective memory. This recognition elevates it to a shared global responsibility. It restores dignity and acknowledges that the suffering of Africans was neither incidental nor acceptable.

Yet, important as it is, recognition alone does not alter present realities.

Africa today faces a more subtle, but equally consequential challenge: economic dependence.

The continent continues to export raw materials while importing finished goods at significantly higher value. From cocoa to gold, bauxite to lithium, Africa remains largely positioned at the lower end of global value chains.

In Ghana, cocoa farmers produce a critical input for a multibillion-dollar global chocolate industry, yet capture only a small share of its value. This pattern is repeated across sectors and across the continent.

While the context has changed, the structural imbalance persists.

Ghana’s diplomatic success must now prompt a deeper national and continental reflection.

What does independence mean in practical terms?
Who benefits from current economic arrangements?

As Kwame Nkrumah cautioned, political independence without economic control is incomplete. Decades later, the evidence supports that position.

Across Africa:
• Raw exports continue to dominate trade profiles
• Youth unemployment remains a pressing concern
• Local enterprises face structural constraints
• Multinational firms often operate with significant policy advantages

This raises legitimate questions about the design and intent of existing economic frameworks.

Foreign direct investment remains an important component of development. However, it cannot substitute for strong domestic enterprise.

A more balanced approach is required—one that prioritizes partnership over dependency.

This involves:
• Strengthening local participation in major industries
• Creating frameworks for technology and knowledge transfer
• Ensuring that local businesses are not systematically disadvantaged

Policy direction will be critical. Incentives must shift toward supporting domestic production and entrepreneurship, while maintaining an environment that encourages responsible investment.

The Imperative of Industrialisation

Recent signals from government to expand local processing are encouraging.

For an economy with significant natural resources, the continued export of raw materials alongside the importation of finished goods reflects a missed opportunity. Industrialisation offers a pathway to retain value, create jobs, and build resilience.

This requires deliberate policy choices:
• Investing in processing capacity
• Prioritizing local content in procurement
• Encouraging consumption of locally manufactured goods

Elsewhere on the continent, countries such as Zimbabwe, Guinea, and Gabon are adopting firmer positions by requiring in-country processing of key resources.

These measures underscore a broader shift toward resource nationalism and value retention.

The recognition of slavery is a milestone, but it must translate into sustained economic action.

Long-term development cannot be subject to short political cycles. Industrial and economic policies must be consistent, predictable, and insulated from partisan changes.

At a time when global demand for Africa’s resources is intensifying, the continent must take a more strategic approach to engagement.

The central question remains: how can Africa ensure that its resources generate inclusive and lasting benefits for its people?

Africa stands at a critical juncture.

The acknowledgment of historical injustice provides an opportunity—not just for reflection, but for recalibration.

Breaking from patterns of dependency will require coordinated policy, institutional discipline, and a renewed commitment to building local capacity.

The next phase of Africa’s development must be defined not only by what it produces, but by what it retains.

 

Source : myxyzonline.com

Ghanaians rate Mahama’s performance 67% – Global InfoAnalytics survey

President John Dramani Mahama continues to enjoy strong public support, maintaining a 67% approval rating, according to a new poll by Global InfoAnalytics.

The survey released on March 25, 2026, showed that only 26% of voters disapprove of his performance, though it was a slight increase from 24% recorded in December 2025, while approval remains unchanged.

Support for President Mahama, according to the survey, spans all regions, including traditional opposition strongholds.

In the Ashanti Region, which is the stronghold of the opposition, New Patriotic Party (NPP), the poll showed that 56% of voters approve of his performance, while approval stands at 64% in the Eastern Region and 65% in the North East Region.

 

In the Ashanti Region, which is the stronghold of the opposition, New Patriotic Party (NPP), the poll showed that 56% of voters approve of his performance, while approval stands at 64% in the Eastern Region and 65% in the North East Region.

The poll also indicates that a majority of party affiliates back the president’s performance, except for supporters of the NPP.

In the direction of the country, 65% of respondents in the survey noted that Ghana is headed in the right direction, though there was a marginal drop from 66% in the previous quarter.

Ghanaian food recipes

Meanwhile, 28% believe the country is on the wrong path, up from 24%, while those with no opinion declined from 10% to 7%.

Living standards appear to have improved for many Ghanaians, with 58% of voters saying their conditions are better than a year ago, compared to 16% who report a decline.

However, optimism about the future has dipped slightly. The poll found that 68% of voters expect their standard of living to improve over the next 12 months, down from 70% in the previous quarter, suggesting growing unease over potential inflationary pressures linked to the Middle East conflict.

 

 

Gov’t dismisses ‘sole sourcing’ claims, defends Big Push as lawful and transparent

The Minister for Roads and Highways, Hon. Kwame Governs Agbodza, has firmly rejected claims that the government’s flagship Big Push Infrastructure Programme is driven by sole sourcing, describing such assertions as “mischievous” and inconsistent with the facts presented to Parliament.

Delivering an update to the House on Tuesday, the Minister stated unequivocally that all contracts under the Big Push programme have been awarded in strict compliance with the Public Procurement Act and its regulations. He stressed that procurement processes remain transparent, with full contractual details publicly accessible on the Ministry’s website.

The Minister revealed that contrary to claims of widespread sole sourcing, only 44 percent of major contracts, including those under the Big Push, were awarded through sole sourcing, while over 400 contracts have been procured through open competitive tendering. “It is therefore misleading for any right thinking person to conclude that the Ministry only relies on sole sourcing,” he told Parliament.

He explained that given the scale and urgency of addressing Ghana’s deteriorated road network, a mix of procurement methods was deliberately adopted within the bounds of the law to accelerate delivery and prevent cost escalations. According to him, strict adherence to lengthy procurement processes would have significantly delayed critical projects and worsened economic hardship.

The Minister further clarified that 23 major road projects worth GHS 14.88 billion, originally awarded under the previous administration but abandoned due to lack of funding, were incorporated into the Big Push programme and given new financing. These include key national projects such as the Suame Interchange, Ofankor Nsawam Road, and the Adenta Dodowa Road. He noted that many of these projects would have remained stalled without the expedited approach adopted under the programme.

On the structure of the programme, the Minister disclosed that the Big Push focuses on 12 major economic corridors, broken into 54 lots to enhance competition and speed up execution. Currently, over 2,000 kilometres of roads across all 16 regions are undergoing reconstruction or upgrading.

Addressing concerns about value for money, the Minister outlined multiple safeguards instituted by the government. These include in house survey, design, and costing by state agencies, saving billions of cedis, followed by independent value for money assessments of contractor proposals. He added that stricter monitoring systems have been implemented to ensure payments are tied strictly to work completed.

“We have established a system where no contractor will be paid without delivering measurable work,” he stated, adding that collaboration with the Ghana Institution of Surveyors is underway to strengthen independent cost verification capacity.

The Minister also dismissed criticisms based on simplistic “cost per kilometre” comparisons, noting that such analyses ignore variations in project scope, engineering complexity, and associated infrastructure such as interchanges and bridges.

He further emphasized that the Big Push programme operates under continuous parliamentary oversight, with regular questioning, committee engagements, and independent validation of project costs by professional bodies.

Hon. Agbodza contrasted the current approach with the previous administration, stating that many projects inherited in 2024 lacked commitment authorisation and were not subjected to competitive procurement processes, contributing to arrears exceeding GHS 40 billion. He disclosed that government has since paid over GHS 11 billion to clear part of these debts, the largest arrears settlement in recent history.

Reaffirming government’s position, the Minister declared: “There is no abuse of sole sourcing. It is the exception, not the norm. No procurement law has been breached, and there is no scandal.”

He urged Parliament and the public to support the programme, warning against attempts to undermine what he described as a transformative national intervention aimed at improving roads, reducing transport costs, creating jobs, and boosting economic activity across all regions.

“The Big Push is delivering the infrastructure Ghanaians demanded,” he said. “We must not allow misinformation to derail it.”

2 Ghanaians suffer injuries in drone strikes in Dubai

Two drones ‌that fell near Dubai’s main airport and Bahrain on Wednesday has injured two Ghanaians as attacks on infrastructure across the Gulf continue to disrupt air traffic.
Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, who announced the incident said Ghana’s “Ambassador in UAE has led a team from our Embassy in Abu Dhabi and Consulate in Dubai to visit the victims as the Foreign Ministry coordinates emergency consular assistance.”
Minister Ablakwa further expressed empathy, saying “Their families and loved ones are in our thoughts and prayers.”
Below is the statement;
Below is the statement;

“The Government of Ghana condemns the attack and reiterates calls for a cessation in hostilities,” asserted and revealed that “We are actively engaged with international partners on a UN resolution urging de-escalation.”

 

The attacks have hampered efforts to restore flights as the war on Iran entered a 12th day. The U.S.-Israel war against Iran ​has led to tens of thousands of flight cancellations, reroutings and schedule changes worldwide, shutting much of ​the Middle East’s airspace – including Qatar’s – due to missile and drone threats.

 

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