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Keta Businesses Set for Revenue Boost as Valentine’s Day Preparations Hit High Gear
business|Yesterday

Keta Businesses Set for Revenue Boost as Valentine’s Day Preparations Hit High Gear

Businesses in the Keta Municipality of the Volta Region are gearing up for a significant economic windfall as Valentine’s Day approaches. Local entrepreneurs and service providers have reported a noticeable uptick in commercial activity, with expectations of a major revenue surge during the festive period. This anticipation is fueled by a collective effort across various sectors to capitalize on the season of love, transforming the municipality into a hub of commercial and social engagement. Retailers in Keta have been at the forefront of this trend, stocking up on seasonal favorites such as chocolates, flowers, and red-themed apparel. Madam Regina Deladem Ametsime, a local boutique owner, highlighted that businesses are not just selling goods but are curating experiences. Restaurants and hospitality services are rolling out specialized packages designed to attract both local couples and visitors. These offerings often include discounted meals and tailored entertainment options, creating a competitive yet vibrant market environment within the municipality. The economic impact extends beyond traditional retail, benefiting a wide array of Small and Medium-sized Enterprises (SMEs). Graphic designers, bakers, and photographers are reporting increased patronage as individuals and organizations seek custom gifts and professional services to commemorate the day. Furthermore, Keta's natural landmarks, particularly the Keta Lagoon, are expected to serve as major attractions for tourists and revelers. This influx of visitors is projected to provide a significant boost to the local economy, supporting vendors and service providers who are organizing various entertainment events scheduled for February 14. This surge in activity underscores the resilience and creativity of local entrepreneurs in Keta. By leveraging the cultural significance of Valentine’s Day, these businesses are not only boosting their individual bottom lines but are also contributing to the broader economic vitality of the Volta Region. As preparations reach their peak, the optimism among the business community remains high, signaling a successful start to the year's festive calendar for the municipality.

Ghana’s Business Outlook 2026: Hospitality Sector Faces Utility Crisis While Aviation and Agribusiness Eye Expansion
business|Yesterday

Ghana’s Business Outlook 2026: Hospitality Sector Faces Utility Crisis While Aviation and Agribusiness Eye Expansion

The Ghanaian business landscape in early 2026 is navigating a complex mix of operational hurdles and strategic growth opportunities. While the hospitality industry is sounding alarms over rising costs, the aviation and agribusiness sectors are positioning themselves for international expansion and infrastructure modernization. These developments highlight a critical juncture for the national economy, where the ease of doing business remains a primary concern for local operators even as the country seeks to strengthen its position as a regional hub for trade and tourism. At the forefront of domestic challenges, the Ghana Progressive Hotels Association (GHAPROHA) has expressed grave concerns regarding escalating utility tariffs and inconsistent service delivery. During the association’s first meeting of 2026, President Emmanuel Geadda Asando urged the Public Utilities Regulatory Commission (PURC) to intervene with the Electricity Company of Ghana (ECG) and the Ghana Water Company. Highlighting a particular crisis in the Tema Metropolis, Asando noted that hoteliers are being forced to rely on expensive water tankers and private generators to maintain operations. Despite the government's removal of the COVID-19 Levy, the association criticized the persistent burden of additional state levies, warning that high operational costs could deter investment and stifle the tourism sector. In contrast to the struggles in hospitality, the aviation sector is moving forward with ambitious plans to enhance connectivity and infrastructure. At the 5th AviationGhana Breakfast Meeting held in February 2026, stakeholders emphasized the importance of aligning national policies with ECOWAS directives to boost regional competitiveness. Yvonne Nana Afriyiye Opare detailed upcoming infrastructure upgrades at Kotoka International Airport, including a new concourse designed to improve travel efficiency. Kamil Al-Awadhi from the International Air Transport Association (IATA) underscored that sustainable growth in the sector depends on a unified regulatory approach that fosters a more conducive environment for airlines and travel consultants. Parallel to these infrastructure efforts, the agribusiness sector is preparing to scale its international footprint through the second Canada-Africa Agribusiness Summit (CAAS), scheduled for July 15–16, 2026, in Saskatoon. This summit aims to bridge trade gaps between Canadian and African markets, aligning with the African Continental Free Trade Area (AfCFTA) framework. With over 500 participants expected, the event will focus on sustainable food systems and investment partnerships. As Ghana seeks to balance the high cost of local operations with these global trade opportunities, the coming months will be pivotal in determining whether policy interventions can alleviate the pressures on domestic businesses while sustaining the momentum in aviation and international trade.

Ghana’s 2025 Economic Performance: Record Gold Output and SIC Insurance’s GH¢107.6m Claims Payout
business|Yesterday

Ghana’s 2025 Economic Performance: Record Gold Output and SIC Insurance’s GH¢107.6m Claims Payout

Ghana’s business landscape witnessed significant milestones in 2025, marked by record-breaking gold production and a demonstration of financial resilience within the insurance sector. The nation achieved a historic gold output of 6 million ounces, while SIC Insurance PLC, the country’s leading non-life insurer, disbursed GH¢107.6 million in claims. These developments reflect a period of robust operational growth across the extractives and financial services industries, even as stakeholders navigate emerging fiscal reforms and low market penetration challenges. In the mining sector, the record 6 million ounces of gold was driven by a surge in artisanal and small-scale mining (ASM), which contributed 3.1 million ounces, slightly edging out the 2.9 million ounces produced by large-scale mines. According to the Ghana Chamber of Mines, this performance was bolstered by high bullion prices and recent regulatory reforms that encouraged official sales. However, the industry remains cautious about 2026. Kenneth Ashigbey, CEO of the Chamber of Mines, expressed concern that a proposed sliding-scale royalty system could increase the financial burden on mining firms, potentially putting the 2026 target of 6.5 million ounces at risk. Simultaneously, the financial sector saw SIC Insurance PLC reinforce its market leadership by meeting significant policyholder obligations. Managing Director James Agyenim-Boateng attributed the GH¢107.6 million payout to the company’s strong liquidity and robust reinsurance arrangements. Beyond claims, the insurer’s financial health was reflected in the stock market, where its share price surged by 344% to close the year at GH¢1.20. Following this performance, the company approved dividend payouts during its 18th Annual General Meeting, signaling confidence to its shareholders. Looking ahead, both sectors are focusing on sustainability and expansion. While the mining industry calls for fiscal stability to protect future projects, SIC Insurance is turning to digital transformation to address Ghana’s low insurance penetration, which remains below 2%. By prioritizing dependable service and modernizing operations, the insurer aims to expand the safety net for Ghanaian businesses and individuals. Collectively, these narratives portray a Ghanaian economy that is scaling new heights while proactively preparing for the regulatory and structural shifts of 2026.

News

Ghana Mourns Gospel Legend Yaw Sarpong: Family and MUSIGA Announce Funeral Plans to Government
entertainment|Yesterday

Ghana Mourns Gospel Legend Yaw Sarpong: Family and MUSIGA Announce Funeral Plans to Government

The Ghanaian music industry is in mourning following the official announcement of the passing of legendary gospel icon Yaw Sarpong. On January 20, 2026, a delegation led by the President of the Musicians Union of Ghana (MUSIGA), Mr. Bessa Simons, and members of the Sarpong family, visited the Ministry of Tourism, Culture and Creative Arts to formally notify the government of the singer's demise and discuss initial funeral arrangements. Sarpong, who was 66 years old, passed away in Kumasi, marking the end of an era for one of the most influential and beloved voices in West African gospel music. Receiving the delegation, the Sector Minister, Abla Dzifa Gomashie, expressed profound sadness and extended the state's condolences to the bereaved family. She described the late musician as a celebrated gospel icon whose songs served as a source of inspiration and spiritual upliftment for millions across the country and beyond. The Minister’s sentiments were echoed by other high-ranking officials within the ministry, who joined the meeting to acknowledge Sarpong’s unique ability to blend traditional Ghanaian rhythms with soulful gospel messages, a hallmark of his long and illustrious career. Yaw Sarpong was best known as the leader of the Asomafo Band, a group that redefined the gospel genre in Ghana through hits that spanned decades. His manager, Nana Poku Ashis, confirmed that the veteran musician’s contributions to the creative arts sector were immense, leaving behind a legacy of discipline and artistic excellence. The meeting at the ministry served not only as a formal protocol but also as a platform to begin coordinating a befitting farewell for a man who dedicated over forty years to the gospel ministry and the enrichment of Ghanaian culture. As the family and the state move forward with funeral preparations, the music community continues to reflect on Sarpong's enduring impact. Further details regarding the specific dates and venues for the final funeral rites are expected to be communicated in the coming weeks following continued consultations between the family, MUSIGA, and government representatives. For now, tributes continue to pour in from fellow artists and fans alike, celebrating a life that was as melodious as it was impactful.

2Baba Reflects on Fatherhood and Personal Identity Following Church Dedication of Newborn Son
entertainment|Yesterday

2Baba Reflects on Fatherhood and Personal Identity Following Church Dedication of Newborn Son

Nigerian music legend Innocent Idibia, popularly known as 2Baba, has shared profound insights into his personal life, marriage, and the complexities of fatherhood. This comes alongside a significant family milestone as the singer and his wife, Natasha Osawaru, publicly dedicated their newborn son in a vibrant church ceremony. Surrounded by family and friends, the couple celebrated the occasion with prayers and dancing, marking a new chapter for the family following their traditional wedding earlier in the year. Despite the public scrutiny that often follows his personal life, 2Baba remained focused on the joyful occasion and his commitment to his growing family. Amidst these celebrations, 2Baba addressed long-standing public misconceptions regarding his reputation. In a candid interview, the iconic artist firmly denied being a "womanizer," a label that has often trailed his public persona due to his high-profile history. "I’m just straightforward. But I’m a lover boy. I love hard," he clarified. He also addressed rumors concerning his wife, Natasha, noting that public perceptions of her being controlling are rooted in misunderstandings of their relationship dynamics and his own straightforward nature. The singer spoke emotionally about his journey as a father to eight children, admitting to the inherent difficulty of balancing a global music career with parental responsibilities. He expressed a sense of regret for the time lost due to professional demands but described his children as a constant source of joy and motivation. Interestingly, the legendary performer revealed a side of himself rarely seen on stage, describing himself as naturally shy and someone who finds peace in quiet moments and nature rather than the limelight. As 2Baba navigates this new season of life with Natasha, his reflections serve as a reminder of the human behind the legendary status. By choosing to define himself as a "lover boy" rather than the labels imposed by the media, he continues to shape his own narrative. Moving forward, the singer appears dedicated to maintaining a balance between his public career and his private role as a father and husband, seeking to spend more quality time with his loved ones away from the public eye.

Kojo Antwi Launches 40-Year Memoir as Ghana Navigates Love and Pressure this Valentine’s Season
entertainment|Yesterday

Kojo Antwi Launches 40-Year Memoir as Ghana Navigates Love and Pressure this Valentine’s Season

Ghana’s 2026 Valentine’s Day celebrations are being headlined by a significant cultural milestone: the official launch of 'Mr Music Man, The Journey,' the first memoir by Highlife legend Kojo Antwi. The exclusive event, held at the Labadi Beach Hotel in Accra, coincides with the season of love and features President John Dramani Mahama as the special guest of honor. Co-authored with George Bentum Essiaw, the memoir chronicles Antwi’s illustrious four-decade career, offering an intimate look at the evolution of the man behind timeless love classics such as 'Rocklyn' and 'Shining Star.' Antwi described the book as a long-awaited opportunity to share his untold story and express gratitude to those who shaped his musical brilliance. While the music industry celebrates Antwi's legacy, the broader Ghanaian public is approaching Valentine’s Day with a mix of romantic enthusiasm and pragmatic skepticism. Interviews conducted across Accra’s bustling Makola Market reveal a 'love or pressure' divide. While many citizens are eager to go 'all out' with flowers and gifts to demonstrate affection, others are raising concerns about the increasing commercialization of the holiday. High gift costs and the perceived societal obligation to spend are causing some to view the day with hesitation, even as retailers prepare for an expected economic boost from those embracing the tradition. Adding a deeper layer to the holiday's themes of affection and connection, counseling psychologist Counselor Perfect has called on Ghanaians to use this period as a time for reconciliation and forgiveness. Speaking on Joy Prime, she advocated for giving love a 'second chance,' particularly for estranged couples and families facing internal disputes. She emphasized the critical role of early family involvement in relationships and urged those facing familial resistance to seek mediation from respected figures. Her advice highlights a shift toward more meaningful, long-term relationship health over the superficial pressures of the season. As the nation balances these high-profile celebrations with personal reflections on love and finance, the 2026 Valentine’s season reflects a turning tide in Ghanaian culture. Whether through the lens of Kojo Antwi’s 'timeless love hits' or the pragmatic advice of relationship experts, the day continues to evolve from a simple exchange of gifts into a complex dialogue about legacy, economic reality, and the enduring power of forgiveness.

African Music Milestones: Samini’s ORIGIN8A Debuts in Ghana Top 10 as Tems Makes Billboard History
entertainment|Yesterday

African Music Milestones: Samini’s ORIGIN8A Debuts in Ghana Top 10 as Tems Makes Billboard History

The African music landscape is celebrating significant milestones this week, marked by the successful return of Ghanaian legend Samini and a record-breaking achievement by Nigerian superstar Tems. Samini’s latest album, ORIGIN8A, released on February 12, 2026, has made an immediate impact, debuting at number seven on the Apple Music Ghana albums chart. Meanwhile, on the international stage, Grammy-winning singer Tems has solidified her status as a global powerhouse by becoming the first African female artist to secure seven entries on the U.S. Billboard Hot 100, following the debut of her latest single, 'What You Need.' Samini’s ORIGIN8A is a comprehensive 16-track project that serves as a testament to his versatility and enduring influence. The album seamlessly blends traditional Highlife with contemporary Afrobeats, Afropop, Amapiano, African Dancehall, and reggae. To bring this vision to life, Samini collaborated with an impressive roster of talent, including Ghanaian stars Stonebwoy, Mugeez, and Kofi Kinaata, as well as the world-renowned Soweto Gospel Choir. Early reception has praised the album's production quality and Samini's signature storytelling, which centers on themes of roots, reinvention, and legacy. The project’s global reach is further bolstered by a distribution partnership with Prime Music Partners. While Samini dominates local charts, Tems continues to rewrite history on the global charts. Her seventh entry on the Billboard Hot 100 with 'What You Need,' which debuted at number 93, places her in an elite group alongside Burna Boy and the South African group Seether for the most entries by an African act. This is not Tems' first brush with Billboard history; in 2022, she became the first African artist to debut at number one on the chart with 'Wait For U.' Music analysts expect her to break the current tie shortly, with her highly anticipated collaboration with J. Cole and Future, 'Bunce Road Blues,' projected to debut on the charts in the coming week. These concurrent successes highlight the diverse trajectories of African music today, from the preservation of local sounds and legacies to the breaking of glass ceilings in the world’s most competitive markets. As Samini’s ORIGIN8A continues to climb streaming platforms in Ghana and beyond, and Tems prepares to set a new solo record on the Billboard charts, the industry remains focused on the unprecedented global momentum of African artists. These achievements underscore a period of creative fertility and commercial viability that is reshaping the global entertainment narrative.

Black Sherif and Ghanaian Celebrities Champion Traditional Fashion on Inaugural 'Fugu Day'
entertainment|Yesterday

Black Sherif and Ghanaian Celebrities Champion Traditional Fashion on Inaugural 'Fugu Day'

Ghana's Ministry of Tourism, Culture and Creative Arts has officially designated Wednesdays as "Fugu Day," an initiative aimed at promoting the wearing of the traditional hand-woven smock. This cultural movement has already gained massive momentum on social media, fueled by high-profile endorsements from some of the nation's biggest stars. The declaration encourages citizens and public figures alike to embrace the rich heritage of the northern regions of Ghana by incorporating the fugu into their mid-week professional and casual wardrobes, fostering a deeper connection to indigenous craftsmanship. The genesis of Fugu Day can be traced back to a wave of online discourse sparked after the President of Ghana was spotted wearing the traditional attire during an official visit to Zambia. The look resonated deeply with the public, highlighting the aesthetic and symbolic value of the garment on the international stage. In response to this renewed interest and the growing demand for local fashion visibility, the Ministry institutionalized the practice to ensure that Ghana’s creative arts and textile industries receive a consistent boost through regular patronage. Leading the charge in this cultural resurgence are music icons Black Sherif and Gyakie, whose interpretations of the fugu have set social media platforms ablaze. Black Sherif, known for his unique and avant-garde fashion sense, drew particular praise for his daring ensemble, which featured a striking blue and white-striped fugu top paired with unconventional metallic trousers. This fusion of traditional craftsmanship with contemporary streetwear aesthetics has not only trended across social media but has also demonstrated the versatile appeal of the fugu to a younger, fashion-forward generation. Beyond the aesthetics, the Fugu Day initiative is expected to have a tangible impact on the local economy, specifically benefiting weavers and artisans in the northern regions who produce these intricate textiles. By making the attire a weekly staple, the Ministry hopes to foster a sense of national identity while simultaneously providing a platform for Ghanaian designers to innovate within the space of traditional clothing. As more public figures join the movement, the fugu is poised to transition from a ceremonial garment to a vibrant symbol of modern Ghanaian pride and creative excellence.

SWAG Secretary-General Calls for Structural Reforms in Media Coverage of Women's Sports
sports|Yesterday

SWAG Secretary-General Calls for Structural Reforms in Media Coverage of Women's Sports

Charles Osei Asibey, the Secretary-General of the Sports Writers Association of Ghana (SWAG), has issued a clarion call for a fundamental transformation in how the media portrays and covers women's sports. Speaking at a recent event in Accra, Osei Asibey highlighted the persistent systemic invisibility of female athletes within the African press, arguing that the current status quo fails to reflect the talent and contributions of women in the sporting arena. He emphasized that without a radical shift in approach, the goal of achieving equity in the sports industry will remain elusive. During his address, the SWAG Secretary-General pointed to several deep-seated obstacles that hinder progress, including cultural barriers and a lack of dedicated mentorship for women entering sports journalism. He noted that female athletes often operate in the shadows of their male counterparts, not due to a lack of achievement, but because of a media landscape that prioritizes male-dominated narratives. To rectify this, Osei Asibey encouraged female sports journalists to take greater ownership of these stories, advocating for a shift where women lead the charge in documenting and celebrating the successes of female athletes across the continent. Beyond individual efforts, Osei Asibey called on media organizations to implement formal policies that institutionalize the coverage of women's sports. He argued that such structural changes are necessary to provide the consistent visibility required to inspire the next generation of female sporting talent. By fostering better education and mentorship programs within newsrooms, the sports industry can move toward a more balanced and equitable future. The call serves as a challenge to stakeholders to move beyond rhetoric and take concrete steps toward dismantling the gender disparity in sports reporting.

Hollywood Star Ryan Reynolds Reveals Family Frustrations Amidst Wrexham AFC's Meteoric Rise
sports|Yesterday

Hollywood Star Ryan Reynolds Reveals Family Frustrations Amidst Wrexham AFC's Meteoric Rise

Ryan Reynolds, the Hollywood star widely known for his leading role in 'Deadpool,' has opened up about the personal challenges that come with his high-profile ownership of Wrexham AFC. Since acquiring the Welsh football club in 2021 alongside fellow actor Rob McElhenney, Reynolds has overseen a dramatic transformation of the team's fortunes. However, this success has brought a level of celebrity that often spills into his private life; Reynolds shared that his children frequently become 'frustrated' when fans approach him on the street to discuss the club's progress, illustrating the intense public interest in the team's journey. The transformation of Wrexham AFC under the stewardship of Reynolds and McElhenney has been nothing short of historic. Once a struggling side languishing in the lower tiers of English football, the club has achieved the remarkable feat of three consecutive promotions, recently securing its place in the Championship. This rapid ascent has been documented in the hit Disney+ series 'Welcome to Wrexham,' which has not only boosted the club’s global profile but also turned the small Welsh town into a destination for international sports fans. This heightened visibility is the primary driver behind the constant fan interactions that Reynolds’ family now navigates. Beyond their achievements on the pitch, Reynolds and McElhenney have remained deeply committed to the socio-economic revitalization of the Wrexham community. Their involvement includes various philanthropic initiatives designed to enhance the local arts scene and stimulate the economy, marking a shift toward a more holistic model of sports ownership. Despite the domestic frustrations voiced by his children, Reynolds remains focused on the ultimate prize. With the club now just one step away from the top flight, the owners continue to eye an ambitious future that includes a potential promotion to the Premier League, cementing Wrexham’s place as one of the most compelling stories in modern sports.

"He Earned It": Aduana FC CEO Collins Atta Poku Rallies Support for Otto Addo Ahead of 2026 World Cup
sports|Yesterday

"He Earned It": Aduana FC CEO Collins Atta Poku Rallies Support for Otto Addo Ahead of 2026 World Cup

In a strong show of confidence for the national team's technical leadership, Aduana Football Club CEO Collins Atta Poku has publicly endorsed Black Stars head coach Otto Addo. Speaking on February 9, 2026, Poku emphasized that Addo’s successful navigation of the qualification process for the 2026 FIFA World Cup is the ultimate justification for his continued role. The endorsement comes as the Black Stars gear up for the global tournament, with stakeholders calling for unity and stability within the camp. The Aduana FC boss also addressed recent moves by the Ghana Football Association (GFA) to bolster Addo’s technical team with additional experienced coaches. While some observers viewed these appointments with skepticism, Poku described the decision as a necessary support mechanism rather than a lack of faith in the head coach. Having interacted with the new technical appointees, Poku expressed optimism about the diverse expertise they bring to the table, asserting that such reinforcements are vital for the rigors of a World Cup campaign. Central to Poku’s argument is the belief that Addo has proven his mettle on the pitch. "He earned a slot by qualifying us," Poku stated, reinforcing the narrative that the coach deserves the full backing of the football community after delivering on his primary mandate. By securing Ghana's place among the world's elite, Addo has demonstrated a tactical resilience that Poku believes will be essential when the team faces international competition. The CEO urged fans and the media to move past internal debates and focus on the collective goal of a successful tournament run. As the countdown to the World Cup continues, the Black Stars are scheduled to open their campaign against Panama on June 17, 2026. This period of preparation is viewed as a defining moment for Addo’s tenure, with the added technical depth expected to refine the team's strategy. With high-profile endorsements like that of Atta Poku, the emphasis remains on creating a cohesive environment that allows the players and technical staff to perform at their peak on the world stage.

Gary Neville Suggests Arsenal and Chelsea as Better Tactical Fits for Bryan Mbeumo
sports|Yesterday

Gary Neville Suggests Arsenal and Chelsea as Better Tactical Fits for Bryan Mbeumo

Manchester United forward Bryan Mbeumo has found himself at the center of a tactical debate following recent comments by former club captain Gary Neville. Speaking on the "Stick to Football" podcast, Neville suggested that the 26-year-old Cameroonian international might flourish more effectively at Arsenal or Chelsea than he currently does at Old Trafford. Despite joining Manchester United from Brentford and becoming a key offensive weapon, Neville argued that the tactical environments at United's London rivals would better suit Mbeumo's technical profile. Statistically, Mbeumo has been one of the standout performers for the Red Devils this season, delivering clinical results in front of goal. In 22 appearances, he has netted 10 goals and contributed two assists, proving his value as a reliable goal-scoring threat in the Premier League. However, Neville's assessment implies that the specific systems employed by Mikel Arteta at Arsenal or the current structure at Chelsea could further amplify Mbeumo's attributes, potentially unlocking even higher levels of performance than those seen during his current tenure in Manchester. The timing of these comments comes as Manchester United prepares for a crucial Premier League encounter against Everton on February 23, 2023. Under the guidance of Michael Carrick, Mbeumo is expected to lead the line as the team looks to maintain its momentum and secure three points. This upcoming match will serve as another test of his adaptability and importance to the squad, providing an immediate opportunity for the attacker to demonstrate his focus amidst the ongoing discussions regarding his long-term fit and future in the top flight.

50th Annual Central Zone Inter-School Sports Festival Commences in Ho with Call for Discipline and Sustainable Funding
sports|Yesterday

50th Annual Central Zone Inter-School Sports Festival Commences in Ho with Call for Discipline and Sustainable Funding

The Mawuli School in Ho has officially opened its doors to the 50th Annual Central Zone Inter-School Sports Festival, marking a golden jubilee of sporting excellence and youth development. Under the patronage of Madam Benedicta A.M. Agbezudor, the milestone event brought together student-athletes, educators, and community officials to celebrate five decades of inter-school competition. This year’s festival emphasizes the critical roles of discipline and teamwork, serving as a cornerstone for building character and fostering unity among the youth in the Ho Municipality. During the opening ceremony, Dr. Esther Yeboah-Adzimah, the Ho Municipal Education Director, underscored the integral link between athletic participation and academic achievement. She highlighted that sports are not merely recreational but are essential for shaping character and developing life skills such as resilience and strategic thinking. Dr. Yeboah-Adzimah urged the competing athletes to uphold the highest standards of fair play and integrity, while Madam Agbezudor echoed these sentiments by calling for unwavering discipline from both students and officials throughout the multi-day event. A significant portion of the discourse focused on the long-term viability of the festival. Dr. Yeboah-Adzimah advocated for a transition from ad-hoc support to structured, sustainable funding models to maintain the festival's high standards. She specifically called for stronger partnerships with school alumni networks and corporate organizations to ensure the festival’s continuity for future generations. By establishing reliable funding streams, the organizers aim to enhance the quality of the competition and provide better resources for the participating students. As the festival was officially declared open, competitive activities commenced across various sporting disciplines. The event is expected to showcase the best talent from schools within the Central Zone, fostering a spirit of healthy rivalry and community. Beyond the medals and trophies, this jubilee celebration stands as a testament to the enduring power of school sports in Ghana's educational landscape, promising a week of intense competition and meaningful personal development for all involved.

Osei Kwame Despite Dismisses Social Media Rumors Linking Him to KIA Cocaine Bust
business|Yesterday

Osei Kwame Despite Dismisses Social Media Rumors Linking Him to KIA Cocaine Bust

Renowned Ghanaian businessman Osei Kwame Despite has officially addressed and dismissed viral social media rumors linking him to a recent drug trafficking bust conducted by the Narcotics Control Commission (NACOC) at Kotoka International Airport (KIA). The speculation, which gained significant traction on digital platforms on February 12, 2026, suggested that the Despite Group chairman was the unnamed high-profile figure behind a popular food brand reportedly involved in a cocaine smuggling attempt. However, both the businessman and law enforcement authorities have since moved to clarify the situation, putting an end to the unfounded allegations that had briefly dominated online discourse. The rumors began circulating following reports that a manager of a well-known Ghanaian packaged food brand had been remanded after being intercepted by NACOC officials at the airport. Due to the vague description of the 'popular brand' in initial reports, social media users began speculating on various business moguls, eventually pointing toward Osei Kwame Despite. In a lighthearted and indirect response captured in a social media video, Despite was seen attending a funeral where he humorously addressed the claims. 'I've been arrested and you didn't tell me,' he remarked to those around him, signaling that he was going about his normal business completely unaware of the supposed legal troubles. Further solidifying the businessman's stance, the Narcotics Control Commission (NACOC) provided official clarification regarding the identity of the suspects. The Deputy Director-General of NACOC stated that the individuals currently in custody for the cocaine bust are not connected to the established food brands that had been inaccurately implicated by the public. This intervention by the Commission was crucial in de-escalating the misinformation that threatened the reputation of several Ghanaian businesses. The incident underscores the speed at which misinformation can spread in the digital era, often unfairly targeting prominent figures before official facts are fully established by the relevant authorities.

Ghana Reduces Cocoa Farmgate Price by 28% as Government Absorbs $150 Million in COCOBOD Losses
business|Yesterday

Ghana Reduces Cocoa Farmgate Price by 28% as Government Absorbs $150 Million in COCOBOD Losses

The Government of Ghana has announced a 28% reduction in the cocoa farmgate price, marking the first such decrease since 2020. This decision comes in response to a significant decline in global cocoa prices and the accumulation of outstanding payment arrears to farmers. To mitigate the impact of this shift and address liquidity challenges within the Ghana Cocoa Board (COCOBOD), the Cabinet has directed the immediate purchase of cocoa beans and the urgent settlement of debts owed to farmers to restore confidence in the sector. Under the new directive, the government has committed to absorbing approximately $150 million (roughly GHS 1.6 billion) in losses expected by COCOBOD. This fiscal intervention specifically covers 50,000 metric tonnes of cocoa beans that were already supplied at the previous, higher rate of over $5,200 per tonne. Deputy Finance Minister Thomas Ampem Nyarko confirmed that despite the new lower farmgate rate, farmers who have already supplied beans will be paid at the previously agreed-upon price, representing a substantial state commitment to maintaining stability within the agricultural sector. Finance Minister Cassiel Ato Forson has further reassured stakeholders that these measures are part of a broader suite of ongoing reforms aimed at safeguarding farmers' interests and ensuring the long-term sustainability of the cocoa industry. During government briefings, officials emphasized that the administration is tackling structural challenges through revised producer prices, improved financing models, and a renewed focus on local value addition and enhanced processing. These initiatives are designed to improve returns for rural cocoa farmers, who remain a cornerstone of Ghana’s export earnings and rural livelihoods. While the specific funding sources for these payments have raised questions given COCOBOD’s current liquidity constraints, the government’s decision to absorb massive losses reflects the strategic priority placed on the cocoa value chain. As Ghana navigates volatile global market conditions, the focus remains on balancing fiscal responsibility with the necessity of protecting the economic backbone of the country. The success of these reforms will depend on the government's ability to implement structural changes that shield farmers from future global price shocks while maintaining the industry's competitiveness.

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