Recent Posts

Former GIHOC MD Maxwell Kofi Jumah Arrested by EOCO

Maxwell Kofi Jumah, former Managing Director of GIHOC Distilleries Company Limited, has been arrested by the Economic and Organised Crime Office (EOCO). The arrest follows a raid on his private residence in Kumasi last week. Sources at EOCO indicate that he was picked up on Tuesday, April 28, and is currently in the custody of the agency. Individuals familiar with …

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Government Clears $29.5m Debt on Suame Road Project, Commits GH₵3bn Boost

The Minister for Roads and Highways, Kwame Governs Agbodza, has announced that government has settled $29.5 million owed to contractors working on the Suame Interchange project. He made the disclosure during an inspection tour on Tuesday, April 28, reaffirming the administration’s commitment to completing all ongoing and inherited road projects. Mr Agbodza further revealed that an additional GH₵3 billion has …

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Ghana’s Banking Sector Assets Hit GH¢465.4bn as Stability Improves

Ghana’s banking sector is regaining momentum, with total industry assets reaching GH¢465.4 billion as of February 2026, according to the Bank of Ghana’s March Monetary Policy Report. The figures point to stronger balance sheets and an improved position within the domestic market. Assets grew by 21 percent year-on-year. Although this marks a slowdown compared to the previous year, it reflects …

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