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Journalist Wilberforce Asare has filed a mandamus application in the High Court to compel the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate 12 Board Chairpersons and two CEOs who have failed to declare their assets. This follows a directive from President John Dramani Mahama mandating all appointees to comply with Article 286 of the Constitution. High-profile figures, including COCOBOD Chief Executive Dr. Randy Abbey, are among those implicated in the compliance failure.
The failure of top officials to declare assets undermines the Mahama administration's transparency agenda and fuels public perception of high-level corruption.
Under Ghanaian law, public officers must declare all assets and liabilities to the Auditor-General before taking office, every four years, and at the end of their term to prevent unexplained wealth accumulation.
Addressing the Zambian National Assembly, President Mahama introduced the 'Accra Reset Initiative,' a policy framework aimed at reducing government size, curbing inflation, and asserting African economic sovereignty. The visit emphasized bilateral cooperation and the need for African nations to maintain control over natural resources to solve youth unemployment.
The implementation of the 'Accra Reset' domestically, particularly whether the administration can successfully trim the public sector wage bill without triggering labor unrest.
Mohammed Baba Jamal will remain the NDC parliamentary candidate for the Ayawaso East by-election, despite an internal probe confirming he distributed cash and 32-inch televisions to delegates. Party leadership cited the Electoral Commission's February 11 nomination deadline as the reason they could not annul the results and hold a rerun.
The decision to uphold a tainted primary victory risks damaging the NDC’s credibility regarding electoral integrity and internal reform.
The Licensed Cocoa Buyers Association (LBCs) reveals that COCOBOD owes approximately $185 million (~GHc1.98 billion) in arrears for the last two seasons, with total sector debts reaching between GHc10 billion (~$931.97 million) and GHc11 billion (~$1.025 billion). This liquidity crunch has left farmers in regions like Kadjebi unpaid for months, despite the recent producer price hike to GHc3,625 (~$337.84) per bag.
As Ghana's most vital agricultural sector, the inability to pay farmers threatens the entire supply chain and could drive producers to smuggle beans to neighboring countries or sell land to illegal miners.
The financial hardship in cocoa-growing communities may lead to increased remittance requests from family members who rely on seasonal cocoa income which is currently stalled.
The Bank of Ghana has issued a revised directive prohibiting commercial banks from holding long positions in major foreign currencies. Single Currency Position limits are now capped between 0% and -10% of a bank's Net Own Funds, mandating that positions be squared or shorted by the close of business daily.
This is a clear signal that the central bank is cracking down on currency speculation to stabilize the Cedi. Banks must now reconcile net FX trades daily and submit reports by 10:00 AM the following day or face severe sanctions.
A new 26-member Special Enforcement Unit has been formed by the Ghana Revenue Authority (GRA) to target businesses failing to remit collected VAT. This comes as the GRA defends the VAT Act 2025, arguing that the shift to a 20% standard rate is tax-neutral due to full input deductibility, contrary to fears from the Abossey Okai Spare Parts traders.
Increased field audits and potential closures of prominent retail businesses as the GRA seeks to close the collection gap by year-end.
Magdalene Aba Amporful, 28, has been granted bail of GHc100,000 (~$9,320) after allegedly defrauding a US-based nurse of $150,000 intended for property acquisitions. The victim discovered the fraud after traveling to Ghana to find that no properties or documentation existed. A Case Management Conference is set for March 19, 2026.
This case underscores the high risk of property investment in Ghana. Always use independent surveyors and legal counsel separate from the seller's representatives. Verify all Land Commission documents personally or via trusted third-party agencies.
Police fatally shot suspect Clement Kofi Aidoo during an operation to solve a December 2025 robbery involving a 77-year-old Labone resident. Authorities recovered a stolen Toyota Hilux and are now questioning G/Sgt Daniel Kusi Appiah regarding potential links to the deceased suspect.
Labone is a premium residential area in Accra; high-profile crimes here often prompt rapid and sometimes lethal police responses due to the proximity of diplomatic and government residences.
A Starsky Aviation pilot performed a successful emergency landing on a Mogadishu beach after a technical failure on a Fokker 50 aircraft. All 50 passengers and 5 crew members survived. UN and AU troops assisted in the rescue.
The incident highlights the critical role of pilot training in regional aviation safety, especially in challenging environments.
The Ministry of Tourism has officially designated Wednesdays as 'Fugu Wednesday,' encouraging the wearing of the traditional Northern Ghanaian smock (Batakari). The move aims to support local weavers and was sparked by the viral reception of President Mahama's attire during his Zambia visit.
This initiative provides a perfect opportunity to showcase Ghanaian heritage abroad. Increasing demand for Fugu directly supports the textile value chain in the Upper East, Upper West, and Northern regions.
Acapella group Alabaster Box is pursuing a GHc15 million (~$1.4 million) copyright lawsuit against rapper Medikal for allegedly sampling their song 'Akwaaba' in his track 'Welcome to Africa' without permission. The court has granted substitute service via social media.
This is one of the largest intellectual property claims in Ghanaian music history and could set a major precedent for sampling rights and compensation.
Sarkodie’s 'Rapperholic' UK edition has sold out its 5,000-seat capacity at the Royal Albert Hall for March 6, 2026. The rapper expressed ambitions to perform at the World Cup and NBA Playoffs during a recent ESPN appearance.
Black Stars context: Sarkodie’s global rise mirrors the aspirations of the national team to reclaim dominance on the world stage; his success provides a massive soft-power boost for Ghana.
Today we covered the deepening financial crisis in the cocoa sector, a major real estate fraud warning for the diaspora, and the launch of the national 'Fugu Wednesday' initiative. Thank you for reading the Ghana News AI Daily Brief!
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