Chamber of Licensed Gold Buyers clarify IMF's $214m loss report on Gold-for-Reserves program
Business News of Monday, 29 December 2025Source: www.ghanaweb.comThe Chamber of Licensed Gold Buyers (CLGB) has responded to the International Monetary Fund's (IMF) report of provisional losses of about US$214 million under Ghana’s Gold-for-Reserves (G4R) program. According to the Chamber, the figures relate to the Bank of Ghana’s balance sheet, not the operations of licensed gold buyers or the Ghana Gold Board (GoldBod) directly. In a statement sighted by GhanaWeb Business, the CLGB, which represents tiered licensed gold buyers operating under the GoldBod aggregation model, said the reported losses largely reflect timing gaps, international gold price volatility, and operational execution challenges. “Gold sector reforms must be anchored not only in national interest, but also in sound commercial design and risk management. Meanwhile, the Ghana Gold Board (GoldBod) has dismissed the IMF’s assertions, insisting that the report misrepresents both the structure and execution of the Gold-for-Reserves programme.
Source:GhanaWeb
December 29, 2025 15:27 UTC
From Janitor to Neurosurgery: The inspiring story of Dr Kwadwo Sarpong
During his time as a hospital janitor, Sarpong made the most of every interaction, asking physicians questions about their careers and seeking guidance on his own path. His turning point came when a thoracic surgeon asked about his educational goals and later invited him to observe the medical staff at work. Ultimately, a thoracic surgeon asked Sarpong about his educational goals and invited him to observe the medical staff at work,” a report by Medscape Medical News noted. Sarpong went on to earn a medical degree from Georgetown University School of Medicine. He has also co-founded two non-profit organisations, received multiple invitations to the White House, and most recently graduated with an MD from Georgetown University School of Medicine in Washington, DC.
Source:GhanaWeb
December 29, 2025 15:03 UTC
Galamsey operator sentenced for slashing student with blade
Crime & Punishment of Monday, 29 December 2025Source: GNAA galamsey operator at Bompieso in the Prestea Huni-Valley Municipality has been sentenced to one year imprisonment with hard labour by the Tarkwa District Court One for slashing a student twice on the back with a blade. The convict, Bismark Owusu, was charged with causing unlawful harm and pleaded guilty to the offence. Prosecuting, Inspector of Police Patrick Essien told the court, presided over by Charles Owusu Nsiah, that the complainant, Bright Akwasi Aboagye, was a student residing at Bompieso. Later that same day, the complainant and Ishmael were at a game centre when Owusu confronted them and warned that the earlier confrontation was not over. Inspector Essien told the court that Owusu later attacked the complainant, slashing him twice on the back with a blade before fleeing when the victim started bleeding.
Source:GhanaWeb
December 29, 2025 14:32 UTC
56% of Ghanaians say their standard of living improved in 2025 – Poll
General News of Monday, 29 December 2025Source: www.ghanaweb.comA nationwide survey conducted by Global InfoAnalytics in December 2025 indicates growing optimism among Ghanaian voters about their standard of living. The survey, released on Monday, December 29, 2025, found that 56 percent of respondents said their standard of living had improved in 2025 compared to the previous year. a href="https://www.ghanaweb.com/GhanaHomePage/business/68-confident-Ghana-will-hit-4-GDP-growth-target-for-2025-PwC-Survey-1993560" target="_blank">68% confident Ghana will hit 4% GDP growth target for 2025 - PwC SurveyHowever, 27 percent reported no change in their living conditions, while 12 percent said their standard of living had worsened. According to the Government Statistician, Alhassan Iddrisu, the economy expanded by 5.5 percent year-on-year in the third quarter of 2025, driven by improved performance in the agriculture and services sectors. JKB/MATrendingGH: Citizens spread holiday wishes for 2025 Christmas
Source:GhanaWeb
December 29, 2025 12:16 UTC
Motorcycle crashes surge 19.1% in 2025, experts demand action now
Regional News of Monday, 29 December 2025Source: GNANew data released by the National Road Safety Authority (NRSA) has revealed an alarming surge in motorcycle involvement in road crashes this year. The figures show a 19.1 per cent increase between January and October 2025 compared to the same period in 2024. The statistics underscore growing concerns raised by road safety advocates regarding inadequate infrastructure and regulatory gaps affecting vulnerable road users. Motorcycles now account for 26.6 per cent of all vehicles involved in crashes, an increase from 23.6 per cent the previous year. The NRSA reported over 1,500 motorcycle crashes in the first half of 2025 alone, with 1,575 incidents specifically recorded between January and June 2025.
Source:GhanaWeb
December 29, 2025 11:14 UTC
Cedi holds steady at GH¢11.10 to the dollar with three days left in 2025
Business News of Monday, 29 December 2025Source: www.ghanaweb.comThe Ghana cedi has remained largely stable against major trading currencies, recording slight marginal gains on the interbank market as the year draws to a close. Data from the Bank of Ghana show that the cedi was holding steady at GH¢11.10 to the US dollar as of Monday, December 29, 2025, with just three days remaining in 2025. A stable cedi also offers some relief on fuel prices, as petroleum products are imported in dollars. This could help contain transportation costs and ease operational expenses for businesses. Overall, while the gains remain modest, the cedi’s performance during the Christmas week is expected to support purchasing power and provide some relief to households during the festive season.
Source:GhanaWeb
December 29, 2025 11:02 UTC
Narcotics Commission dismantles drug dens in 'Operation White Ember'
General News of Monday, 29 December 2025Source: www.ghanaweb.comThe Narcotics Control Commission (NACOC) has dismantled multiple drug dens across the Eastern and Greater Accra Regions, seizing large quantities of illegal substances and arresting dozens of suspects. Dubbed “Operation White Ember,” the crackdown targeted areas including Mamfe, Tutu, Madina Redco Flats, Zongo Junction, and the railway slums of Airport City. NACOC stated that it believes its dismantling of the dens and seizure of drugs have saved lives. The operation included patrols in high-traffic public spaces, such as shopping malls and beaches, and officers engaged directly with residents. NACOC officers also conducted on-site public education sessions, briefing citizens on the dangers of drug abuse and its impact on neighborhood safety.
Source:GhanaWeb
December 29, 2025 10:27 UTC
72 suspects arrested during NACOC's drug raid operation
General News of Monday, 29 December 2025Source: rainbowradioonline.comA recent intelligence-led operation conducted by the Narcotics Control Commission (NACOC) in the Eastern and Greater Accra regions has resulted in the arrest of 72 individuals. Dubbed ‘Operation White Ember’, the exercise involved the dismantling of several drug dens. The coordinated raids targeted known drug hotspots, including Mamfe and Tutu in the Eastern Region, as well as Madina Redco Flats, Zongo Junction, and the railway slums around Airport City in the Greater Accra Region. Furthermore, patrols were carried out at shopping malls and beaches across the capital to curb drug-related activities during the Christmas festivities. The Commission emphasised that the operation underscores its commitment to ensuring a safe Christmas season, stressing that drug enforcement efforts would cover public spaces, residential communities, beaches, and informal settlements.
Source:GhanaWeb
December 29, 2025 09:47 UTC
The minority's claims of intimidation are false – NDC MP
Politics of Monday, 29 December 2025Source: rainbowradioonline.comThe Member of Parliament for Odododiodoo, Alfred Ashie Nii Kotey, has dismissed assertions that the Majority caucus is intimidating the Minority. He maintained that contrary to these claims, the Majority has been highly cooperative and has consistently prioritized dialogue to ensure the smooth running of the House. He stated that despite being given every opportunity to state their case within the frameworks of the House, the Minority refused to reason and instead used violence to disrupt proceedings. Reflecting on his first term, Kotey admitted that his experience in Parliament has been overwhelming but deeply rewarding. Alfred Ashie Nii Kotey appealed to his constituents to maintain their trust in the current administration.
Source:GhanaWeb
December 29, 2025 09:32 UTC
2025 has not been a good year - Boakye Antwi
Politics of Sunday, 28 December 2025Source: www.ghanaweb.comA former Member of Parliament for Subin, Eugene Boakye Antwi, has described 2025 as a challenging year, especially as a politician of the opposition New patriotic Party (NPP). Speaking in a video shared on social media on December 28,2025, Boakye Antwi explained that the year has been difficult following the change of government and the time needed for the new government to put its appointees in place, including ministers, heads of agencies, and MMDCEs. It's allowing the good people of this country to bring in imports, you know, with a very stable dollar. Regardless of the commendation, he raised concerns about the billions of cedis that the government owes contractors and stakeholders, saying, " And you know, contractors are owed, left, right, and center." Watch video belowThe year 2025 has not been a very good one for me as an NPP politician — Former Subin MP, Eugene Boakye Antwi, reflects on the happenings of 2025 in his political journey.
Source:GhanaWeb
December 29, 2025 09:12 UTC
CNMRUG leaders build capacity to strengthen Okada union governance
Business News of Monday, 29 December 2025Source: www.ghanaweb.comThe national leadership of the Commercial National Motor Riders Union of Ghana (CNMRUG) has participated in a leadership development programme aimed at strengthening organizational governance and effective leadership. The training focused on strategic leadership, organizational management, conflict resolution and sustainable union development. He noted that strong leadership structures are essential for advancing the welfare of motor riders and ensuring long-term growth within the sector. Leaders of the Commercial National Motor Riders Union of Ghana expressed appreciation for the initiative, describing the training as timely and impactful. The leadership development programme forms part of broader efforts by the union to build institutional capacity and promote professionalism within the commercial motor riding industry in Ghana.
Source:GhanaWeb
December 29, 2025 09:02 UTC
Ablekuma North MP launches sports union to unearth talents
Sports News of Monday, 29 December 2025Source: www.ghanaweb.comThe Member of Parliament for Ablekuma North, Ewurabena Aubynn, has launched a major sports development initiative aimed at identifying, nurturing and managing sporting talents across the constituency. Speaking at the launch, Aubynn expressed her heartfelt gratitude to the people of Ablekuma North for their unwavering support and confidence in her leadership. He praised the people of Ablekuma North for electing a selfless leader who prioritizes the interests of the constituency. On his part, the Member of Parliament for Lower West Akim, Owen Kwame Frimpong, encouraged the people of Ablekuma North to fully support the initiative. The slogan of the Ablekuma North Sports Union (ANSU) is “ONE TEAM, ONE DREAM.”AMAlso, watch below Amnesty International's 'Protect the Protest' documentary as the world marks International Human Rights Day 2025The wait is over!
Source:GhanaWeb
December 29, 2025 08:57 UTC
Family mourns late Nollywood actress Allwell Ademola
Entertainment of Sunday, 28 December 2025Source: punchng.comThe family of Nollywood actress and producer, Allwell Ademola, has mourned her death, clarifying that she was 49 years old at the time of her passing. In an official statement released and signed by Adeboyega Adebayo on Sunday, on behalf of the Ademola family, it was stated that the late actress passed away on Saturday, December 27, 2025. The family described Ademola as a proud daughter of the Ademola family of Ogun State and a great-granddaughter of the Alake of Egbaland, noting that she was deeply committed to the creative arts. “The Ademola family sincerely appreciates the overwhelming love, prayers, and messages of condolence from her colleagues, friends, and well-wishers across the world during this difficult time,” the statement added. “May her gentle soul rest in perfect peace, and may God grant us all the fortitude to bear this irreparable loss,” the family said.
Source:GhanaWeb
December 29, 2025 03:43 UTC
MP for Salaga South visits Gbetekpo to thank residents
Regional News of Monday, 29 December 2025Source: www.ghanaweb.comThe Member of Parliament for the Salaga South Constituency, Zuwera Mohammed Ibrahimiah, has paid a courtesy visit to the residents of Gbetekpo. During her visit, Zuwera conveyed greetings from the Majority Leader to the people of Gbetekpo. While she had previously focused on Chaka following the 2024 general elections, she noted that it was now the right time to visit Gbetekpo to express her gratitude. She noted that they also plan to meet with the council of elders, party executives, and other key stakeholders in Salaga South. They also urged the MP to fulfill her promises to the people of Salaga South.
Source:GhanaWeb
December 29, 2025 03:43 UTC
Paul van Zuydam becomes South Africa's newest dollar billionaire
Business News of Sunday, 28 December 2025Source: africa.businessinsider.comPaul van Zuydam has become South Africa’s newest dollar billionaire, joining the ranks of the country’s wealthiest individuals tracked by Forbes. According to Forbes’ real-time estimates in December 2025, van Zuydam’s net worth stands at $1.7 billion (about R28.4 billion), ranking him as the world’s 2,186th richest person. His addition lifts South Africa’s total number of billionaires on the global list to eight, alongside prominent names such as Johann Rupert and Nicky Oppenheimer. Under his leadership, Le Creuset concentrated production in France, invested heavily in automation, and broadened its product range. Today, the company generates more than $850 million (around R14 billion) in annual revenue, cementing van Zuydam’s place among Africa’s dollar billionaires.
Source:GhanaWeb
December 29, 2025 03:43 UTC