Category: Daily Guide Network

The nation’s economy has rebounded strongly after years of turbulence, with growth, inflation, and market confidence all showing signs of sustained recovery, according to Governor of the Bank of Ghana, Dr. Johnson Asiama.

Speaking at the IMF/World Bank Governor Talk Series in Washington, D.C., under the theme ‘From Crisis to Confidence: Ghana’s Journey to Macroeconomic Stabilisation,’ Dr. Asiama said the country’s economic fundamentals have strengthened significantly following months of fiscal discipline and structural reform.

‘We came to meet a challenged economy in the sense that remember we had a domestic debt issue in 2022, fiscal policy was highly expansionary. It led to us exiting the international financial market. There was resort to domestic financing.

‘We remember all the sovereign downgrades we had to suffer. We came into office with a lot of liquidity, high inflation, [and] an exchange rate that was depreciating widely,’ he said.

He revealed that at the time, there were even discussions about whether Ghana should withdraw from the IMF-supported programme, amid concerns about its ability to meet performance targets.

‘And I remember when we came in there were talks about if we should cancel the programme altogether, there were doubts as to whether we will be able to carry on the programme,’ he stated.

According to Dr. Asiama, economic growth has picked up, inflation has eased, and Ghana’s performance under the IMF programme now exceeds expectations. Inflation, which stood at 23.5 percent in January 2025, has fallen to 9.4 percent in September, the country’s first single-digit inflation rate in four years, beating the government’s target of 11.9 percent.

He noted that improved fiscal management, tight monetary policy, and increased coordination between the Ministry of Finance and the central bank have helped stabilise the macroeconomic environment.

‘Growth has rebounded, inflation is cooling, and investor confidence is returning. Our task now is to sustain these gains through prudent policy management and the restoration of market confidence,’ he said.

Former Eastern Regional Minister, Seth Acheampong, has advised presidential aspirants of the New Patriotic Party (NPP) and their supporters to exercise restraint in their campaign messages and conduct.

Speaking in an interview yesterday, Mr. Acheampong underscored the importance of unity within the party, urging candidates to focus on presenting their vision for the NPP and Ghana rather than resorting to divisive or inflammatory statements.

He stressed that a united NPP is essential for maintaining Ghana’s democratic balance and for positioning the party as a credible alternative to the current administration.

‘We must be cautious and ensure that our words and actions are ones we can confidently defend at any time,’ he said. ‘I value unity and stability, and these can only be achieved if we are measured in our approach. Let’s focus on the things that bring us together, not what divides us.’

Mr. Acheampong added that internal cohesion would strengthen the NPP’s public image and readiness for governance. ‘We need unity to become a force the people recognise. If we are divided, we cannot be the viable alternative Ghanaians are looking for,’ he cautioned.

His comments follow recent remarks by NPP presidential hopeful Kennedy Ohene Agyapong, who suggested that if he were Dr. Mahamudu Bawumia, he would not have conceded defeat in the 2024 general election until the Electoral Commission had officially declared the results.

The NPP’s upcoming presidential primary, scheduled for January 31, 2026, is shaping up to be a hotly contested race among five candidates: former Assin Central Member of Parliament, Kennedy Ohene Agyapong; former Minister for Food and Agriculture, Dr. Bryan Acheampong; former Vice President, Dr. Mahamudu Bawumia; former Education Minister, Dr. Yaw Osei Adutwum; and former NPP General Secretary, Ing. Kwabena Agyepong.

Following the balloting, Mr. Agyapong secured the first slot, followed by Dr. Acheampong, Dr. Bawumia, Dr. Adutwum, and Ing. Agyepong.

A former Public Relations Manager of the National Lottery Authority (NLA), Dr. Razak Poku, has stated that the KGL Group of Companies makes millions towards the sustainability of the former.

In a statement, Dr. Poku said, ‘this fact is unfortunately lost to our colleagues at the Fourth Estate and Media Foundation for West Africa,’ who as he put it, ‘are gradually undermining their own integrity and credibility in relation to their investigative work about the NLA-KGL deal.’

On September 19, 2025, Fourth Estate and Sulemana Briamah claimed that, NLA had exchanged a prime business for a peanut of GHS170 million from KGL for the year 2025.

On October 9, 2025, Fourth Estate and Sulemana Briamah indicated that, NLA received GHS157.6 million from KGL for 2024, and surprisingly on October 16, 2025, Fourth Estate and Sulemana Briamah are misinforming their readers that, ‘KGL makes millions in profit while NLA makes zero.’

‘If the NLA received GHS157.6 million in 2024 from KGL, on what basis is Fourth Estate telling Ghanaians that KGL makes millions in profit while NLA makes zero?’ he asked.

‘According to the mathematical brains of Fourth Estate, GHS157.6 million (2024) + GHS 170 million (2025) equals to ZERO PROFIT for NLA?’ he asked.

In total, NLA would obtain GHS327.6 million (GHS157.6m + GHS170m) from KGL for the financial years of 2024 and 2025.

This amount of GHS327.6 million paid by KGL to NLA shall definitely go up if monies NLA received from KGL in 2019, 2020, 2021, 2022, and 2023 are added.

Also, on Monday, October 13, 2025, Fourth Estate published that, ‘in 2019, for the first year of the NLA-KGL deal, NLA’s PROFIT for the State reduced to GHS17 million’.

‘So, if NLA could make a profit of GHS17 million for the State in the first year of NLA-KGL deal in 2019, then why is Fourth Estate turning 360 degrees to say that, KGL makes millions in profit while NLA makes zero?’ he quizzed.

KGL Profit in 2024

For the avoidance of any doubt, KGL make a profit of GHS70 million while it pays GHS157.6 million to the NLA. This data clearly shows that NLA rather makes more money than what KGL earned as a profit in 2024.

A fact check from Ghana Revenue Authority (GRA) also indicate that, KGL paid taxes to GRA in 2024, an amount higher than the profit earned by KGL in 2024.

By the end of 2025, both the National Lottery Authority (NLA) and Ghana Revenue Authority (GRA) shall receive payments from KGL which would be eventually higher than the profit of KGL for 2025.

The total debts of NLA before NLA-KGL deal was around GHS233,121,889.28 million, as accumulated debts, which comprises:

Unpaid Lotto Prizes to winners of national lotto.

Unpaid Contractors

Unpaid Withholding Tax (Income Tax) to Ghana Revenue Authority (GRA).

Unpaid SSNIT Contributions.

Unpaid Technical Service Providers (TSP) Fees.

Unpaid Lotto Commission to Lotto Marketing Companies.

Unpaid Provident Fund

Unpaid Staff Union and Association Dues Deductions.

The duty of NLA to transfer money to the Consolidated Fund is a political and management decision which has absolutely nothing to do with NLA-KGL deal.

The responsibility of KGL is to pay its fees to the NLA in accordance with the terms and conditions of its licence agreement.

What NLA does with the money paid by KGL is NOT the business of KGL, just like KGL cannot dictate to Ghana Revenue Authority on how it uses the taxes paid by KGL to the State.

Would you also blame KGL if GRA is unable to transfer the paid taxes of KGL to the Consolidated Fund?

According to Section 32(3) of Act 722, ‘The Authority shall pay out of the Lotto Account prize monies for winners of National Lotto and commissions to Lotto Marketing Companies licensed by the Authority’. This provision must be satisfied before you can proceed with the implementation of Section 32(4) of Act 722 which states that, ‘The Authority shall transfer the *net balance in the Lotto Account* on monthly basis to the Consolidated Fund.’

So, what if there is NO net balance in the Lotto Account after the payments of:

Prize monies for winners of National Lotto as stated in Section 32(3) of Act 722?

Commissions to Lotto Marketing Companies licensed by the Authority as stated in Section 32(3) of Act 722?

Operational and capital expenditure from the Lotto Fund as stated in Section 50 of Act 722?

From the evidence above based on Facts and Data, it is very clear that, in order for NLA to transfer monies to the Consolidated Fund in accordance with Section 32(4) of Act 722, there is the need for the NLA to breach Section 32(3) of Act 722. This has always been the case from enactment of National Lotto Act, 2006(Act 722).

From 2012-2020 (9 years), NLA transferred a total amount of GHS209, 409,495.24 to the Consolidated Fund yet within that same period of 2012-2020, NLA was indebted to winners of national lotto, Lotto Marketing Companies, Technical Service Providers, Suppliers etc. at a cost of GHS233,121, 889.28.

So what is the justification for Fourth Estate and Sulemana Briamah to needlessly blame KGL Technology Limited as the cause of NLA inability to transfer money to the Consolidated Fund in accordance with Section 32(4) of Act 722? Completely no basis at all.

And why should NLA necessarily transfer monies to the Consolidated Fund if they haven’t been able to pay winners of national lotto, commissions to Lotto Marketing Companies, fees to Technical Service Providers, salaries and benefits of NLA workers etc.?

Each year, Ghana celebrates the call to the Bar of hundreds of new lawyers in what has become a recurring moment of prestige, pride, and perseverance.

Legal education has become a national obsession, with thousands striving to enter law faculties and the Ghana School of Law. The Attorney-General and Minister for Justice, Dr. Dominic Akuritinga Ayine’s ongoing reforms – abolishing the Ghana School of Law’s monopoly and decentralising legal training – promise to open the doors even wider.

Yet, as we celebrate the rise of lawyers, we must confront a sobering truth: Ghana is not producing enough engineers, doctors, scientists, and technicians – the very professionals who build the real economy that sustains litigation.

Ghana currently has about 11,000 lawyers, with roughly 8,000 actively practising, translating to about one lawyer for every 2,000 citizens. Meanwhile, some engineering and science departments in our universities graduate fewer than ten students annually. This imbalance is not merely academic; it is existential – and it speaks volumes about our national development priorities.

While many have offered theories to justify this anomaly, one truth remains: we cannot litigate our way to development.

A courtroom victory does not build a bridge. A legal argument does not irrigate a farm. A brilliant submission before a judge will not turn poisoned rivers back into sources of life. Neither will it establish a business or employ the hundreds of graduates idling about.

Exodus of Critical Professionals

While the legal profession enjoys steady, if not excessive, replenishment, Ghana is bleeding its most essential talent.

A recent study found that 71.8 percent of Ghanaian doctors intend to emigrate, with the United States, United Kingdom, and Canada as top destinations. The reasons are painfully familiar: poor working conditions, low pay, slow career progression, and limited postgraduate opportunities.

According to the International Council of Nurses, Ghana loses between 400 and 500 nurses every month to emigration. Even though the country’s health workforce density has doubled in two decades, from 16.56 to 41.92 per 10,000 people, many professionals remain unemployed due to fiscal constraints, while others leave for better opportunities abroad.

In effect, we are spending scarce resources to train healers who heal other nations and builders who build elsewhere. Yet, we continue to produce more lawyers to argue over what we have failed to construct.

Engineers Built Nations

Nations that transformed their economies did so by prioritising engineering and technical professions.

Singapore rose from third-world to first-world status by investing heavily in engineering, technology, and research.

China produces millions of engineers annually, fuelling its rise as a global manufacturing and technology powerhouse.

South Korea made engineering a prestigious career, central to its industrial revolution.

Germany and Japan built global reputations on engineering excellence and vocational training.

These nations did not build their futures on legal arguments alone – they built them on bridges, railways, software, and factories.

Ghana, therefore, must re-evaluate its educational priorities to stop starving vital sectors such as agriculture, mining, construction, energy, and manufacturing – the true engines of growth, job creation, and national wealth.

Despite these sectors being the heart of the economy, technical and vocational education remains underfunded and misaligned.

An August 2025 UNICEF study revealed that only one out of 57 TVET institutions in the Ashanti Region offers agricultural training despite high demand. ICT training remains similarly scarce. The Commission for Technical and Vocational Education and Training (CTVET) warns of a widening skills mismatch and infrastructure strain due to rising enrolment without corresponding investment.

Lawyers Need the Real Economy

Let me emphasise that I understand the value of legal education. I assembled a formidable legal team to defend myself through nearly eight years of persecution. I am, therefore, not against the training of more lawyers.

However, I, like many others, believe Ghana must be more deliberate in nurturing the professionals who build the economy.

Lawyers are indispensable, but they thrive only when the economy thrives. They draft contracts for factories, negotiate mergers for businesses, and litigate disputes in mining, tech, banking, and manufacturing. Without a vibrant real sector, the legal profession has fewer cases to handle – apart from crimes born out of economic hardship or political persecution like what I endured.

That is why Ghana must rebalance its national priorities.

We must make it just as prestigious to be a neurosurgeon, robotics engineer, or renewable energy expert as it is to be a lawyer. We must invest in technical education, align curricula with industry needs, and retain our critical professionals. We need champions for open, merit-based medical and technical education – just as Professor Stephen Kwaku Asare has been for reforming legal education.

Let us not become a nation of brilliant litigators arguing over broken systems.

Let us not raise generations of lawyers to defend what we failed to build.

Let us not celebrate the courtroom while our clinics are empty, our roads unfinished, and our industries underdeveloped.

Let us expand the real economy so that the lawyers we train have industries to advise, contracts to draft, and deals to close.

Let us build a Ghana where prestige meets productivity, where law serves industry, and where education fuels transformation.

Let us reprioritise. Rebalance. And build – starting now.

Dancehall artiste, Shatta Wale, has reframed his recent detention by the Economic and Organised Crime Office (EOCO) as a divine intervention meant to educate Ghanaian youth.

The musician, whose real name is Charles Nii Armah Mensah Jnr., believes his experience offers crucial lessons about lawful property acquisition. He stated that his arrest, connected to an investigation into a yellow Lamborghini Urus, was ultimately God-ordained. ‘I feel God sent him for us to educate the people,’ Shatta Wale explained, referring to EOCO Executive Director Raymond Archer.

He now considers Archer a friend for opening his eyes to proper procedures. The artiste urged young people to be more cautious, noting that he now asks critical questions before making purchases. ‘If I want to purchase something, I ask, ‘Is it legit?” he shared during a television interview.

The luxury vehicle was initially seized in August 2025 as part of an international probe alleging it was stolen and connected to proceeds of fraud. EOCO acted under Ghana’s mutual legal assistance laws in collaboration with the U.S. Federal Bureau of Investigation. Shatta Wale now aims to use his platform to spread awareness, transforming a personal legal challenge into a public lesson on due diligence and smart investing.

Musician, Lord Paper, is mourning the loss of his father, Nana Takyi Amoako, who passed away on August 25, 2025, at the age of 53.

The artiste, known in private life as Michael Takyi-Frimpong, officially confirmed the heartbreaking news weeks after his father’s passing. In a statement, he expressed his deep sorrow and thanked fans for their support during the difficult time.

The family has announced that the final funeral rites will be held this weekend. According to the schedule, the laying in state and funeral service will take place on Saturday, October 18, 2025, at Ofankor 7-Day Junction, behind the police building. The burial will follow at the Asofan Cemetery.

A thanksgiving service is planned for Sunday, October 19, at the Divine Rest Family Church, also located at Ofankor 7-Day Junction.

Nana Takyi Amoako is survived by his widow and seven children.

Since the announcement, fans and colleagues in the music industry have taken to social media to share messages of condolence and support for Lord Paper and his family.

The complete fixtures for the maiden edition of the MTN Elite Under-19 Championship have been released, setting the stage for an exciting showcase of Ghana’s next generation of football talent at the Ghanaman Soccer Centre of Excellence in Prampram.

Sponsored by MTN Ghana, the championship officially kicks off on Friday, October 24, 2025, and promises a series of thrilling matches featuring the best regional youth teams in the country.

In Group A, the Eastern Region will open the tournament with a highly anticipated clash against the Upper West Region at 8:00 a.m., followed later by a contest between the Northern Region and the Western Region to complete the day’s fixtures.

Group B will feature another exciting lineup, as the Volta Region faces the Ashanti Region in one of the headline encounters of the opening round.

The Greater Accra Region will also take on the Upper East Region in what is expected to be a tightly contested match. All games will be played on the FIFA-standard pitches at the Prampram facility.

The 11-day tournament, running from October 23 to November 2, 2025, will bring together ten Regional Football Association (RFA) U-19 teams, all vying for national glory and recognition.

The competition aims to serve as a flagship platform for talent identification and development, giving young players the opportunity to demonstrate their skills, gain valuable experience, and attract the attention of national youth coaches and professional scouts.

The MTN Elite U-19 Championship forms a central part of the GFA’s ‘Power to the Youth’ initiative, which underscores the Association’s commitment to grassroots development and youth empowerment across the country.

Organiser of Ghana Music Awards (GMA) – USA have honoured Founder of Reign House Chapel, Prophet Eric Boahen Uche for his enormous support to the music industry.

GMA-USA led by the Chief Executive Officer, Denise Boafo, affectionately called Don made the presentation on Sunday, October 12, at church.

Presenting the citation, Mr. Boafo said Prophet Eric Boahen has been a support system for various sections of Ghana’s music echo system.

This, he said has gone a long way to keep many gospel artistes in business regardless of challenges confronting the industry.

‘This is in recognition of remarkable contribution to the gospel music industry in Ghana and beyond,’ he said.

He revealed that the Man of God substantially supported this year’s GMA-USA, a gesture which cannot kept under the rug.

On his part, a grateful Prophet Eric Boahen expressed his appreciation to the organisers for such an honour.

According to him, the gesture is a motivation to him and others to continuously support the cause of GMA-USA.

He charged the organisers to work assiduously to promote Ghana Music in the diaspora.

BROADCAST JOURNALIST and Lawyer, Serwaa Amihere, has dismissed rumours circulating on social media which suggests she won’t utilise her law degree after completing law school.

In a TikTok live video which has since gone viral, Serwaa Amihere was asked whether she will practice law after completing law school, and she stated, ‘I didn’t go through all of that five years to just sit at home, so yes, I’m going to practice.’

She further added that, ‘I officially started my pupilage on Monday, and you know lawyers are not supposed to advertise their craft. On that first day, I got introduced as well, it means God is doing something good for us.’

Serwaa Amihere was called to the Bar on October 10, 2025, marking a significant milestone in her career. She’s now a qualified lawyer, adding another feather to her cap.

Serwaa started her career as an Assistant Producer for State of Affairs at GHOne TV in 2014, and later became the main producer.

She gained popularity hosting the GH Today morning show and the Cheers sports and lifestyle show. Serwaa holds a Bachelor’s degree in Business and Finance from Methodist University College (2013) and a Bachelor of Laws (LLB) degree from the Ghana Institute of Management and Public Administration (GIMPA), graduating with Second Class Honours (Upper Division) in 2022.

She enrolled at the Ghana School of Law in 2023 and completed her studies, despite facing health challenges, and was among the 824 lawyers recently called to the Ghana Bar.

THE MUCH anticipated Odwira festival, which was scheduled to take place in Asanteman in October 2025, has been postponed indefinitely.

The Asantehene, Otumfuo Osei Tutu II, announced the postponement of the historic festival, which was supposed to last for one-month, on Thursday afternoon.

Addressing the Asanteman Traditional Council at the Manhyia Palace in Kumasi, Otumfuo explained that the sudden death of Asantehemaa, Nana Konadu Yiadom III, is the main reason for the postponement of the Odwira festival.

Otumfuo stated that the Asante tradition, which dates back to centuries, strictly states that the revered Asantehemaa stool should be occupied before the Odwira festival could take place.

Speaking through a linguist, the Asantehene said the Odwira festival would be held at a later date after a new Asantehemaa had been enstooled and other key vacant Asante’s stools have been filled.

‘Because of Nana Asanthemaa’s sudden death and other pressing issues, the planned Odwira festival of Asanteman in 2025 has been postponed indefinitely.

‘Let me explain further, we have to find Asantehemaa’s successor, perform the rites of the late Nana Ama Konadu Yiadom III, and perform other traditional rites first before we can celebrate the Odwira.

‘There should be a sitting Asantehemaa before we can mark Odwira, that’s what the tradition states. Also, other key vacant stools should be filled before the Odwira can be held’, he said.

According to Asante historians, the Odwira festival is one of the major festivals in Asanteman, which is rarely celebrated in the Asante kingdom, but it has not been held in Asanteman for some decades now.

Otumfuo decided to celebrate it to rekindle the spirits of the Asante kingdom but due to circumstances beyond his control, the festival has been postponed.