General News
$100m Annual Export Boost Expected from New Float Glass Facility – President Mahama
President John Dramani Mahama has announced that Ghana stands to earn nearly $100 million annually in export revenue from the new float glass manufacturing facility under construction in Shama in the Western Region.
Speaking at the sod-cutting ceremony for the project and the inauguration of the fifth phase of Keda Ghana Ceramics’ tile production line, President Mahama described the investment as a major step toward strengthening Ghana’s industrial base and export capacity.
“At full capacity, when we are producing 1,400 tons a day, the export earnings alone are projected to be almost $100 million annually,” he stated.
The President explained that the factory will operate in two phases — with phase one expected to produce 600 tons per day and phase two adding 800 tons daily — bringing total output to 1,400 tons per day when fully completed.
“If you have your calculator, 1,400 tons a day times 365 days a year, you will get the production that is going to come out of this factory,” he said, adding that the facility would become “one of the largest float glass facilities in Africa.”
According to President Mahama, the project will significantly reduce Ghana’s reliance on imported glass products while boosting foreign exchange earnings.
“In 2024 alone, Ghana imported over 65,000 tons of glass products valued at almost $25 million to meet the demand of our construction industry, automobile and manufacturing sectors. This factory is going to change that equation,” he noted.
“It will reduce our imports of glass, save us foreign exchange, strengthen supply chain reliability, and position Ghana as a major regional exporter of glass,” he added.
The President stressed that industrial production and exports are critical to sustaining economic growth and strengthening the local currency.
“This is how to build a strong economy. This is how to build a strong currency. Production underpins the value of a currency — not by speculation — but by production and exports,” he emphasized.
Beyond export revenue, President Mahama highlighted the job creation potential of the project, indicating that over 2,000 direct jobs will be created, alongside thousands of indirect employment opportunities across logistics, raw material supply, and maintenance services.
“This project will generate approximately 2,182 direct jobs — 729 during construction and 1,453 permanent operational jobs — in addition to thousands of indirect jobs,” he said.
He further indicated that the investment aligns with Ghana’s broader industrialization strategy and export drive under the African Continental Free Trade Area (AfCFTA).
“Trade agreements alone do not create prosperity. Production does. Value addition does. Competitive exports create prosperity,” he stated.
President Mahama commended Keda Ghana Ceramics for expanding its operations and investing in advanced manufacturing technology, noting that the facility would consume over 700 tons of raw materials daily and incorporate modern quality control systems.
“As I stand here today, I see a reduction in our import bill. I see an increase in our exports. I see a stronger cedi. I see high-value jobs for our youth, and I see Ghana emerging as a giant of West African manufacturing,” he declared.
The float glass facility is expected to export to African markets, Europe, and other destinations once fully operational, reinforcing Ghana’s ambition to become a leading manufacturing hub in the sub-region.
General News
NPP Communicator KOKA Hospitalised Days After EOCO Arrest
New Patriotic Party (NPP) communicator Kwaku Osei Korankye Asiedu, popularly known as KOKA, has reportedly been admitted to the Adabraka Polyclinic after being arrested and detained by the Economic and Organised Crime Office (EOCO) a few days ago.
According to information available, KOKA was taken to the health facility after developing health complications following his arrest and detention.
Details regarding his medical condition have not been made public, and it is unclear how long he is expected to remain under medical care.
General News
Dennis Edward Aboagye Shares John Agyekum Kufuor’s Endorsement, Declares: “We Will Command the Narrative”
Dennis Edward Aboagye has shared what he describes as a significant endorsement from former President John Agyekum Kufuor, saying he and his team received a “sacred blessing” from the respected statesman.
In a social media post, Aboagye revealed that the former President expressed confidence in his ability to deliver on his responsibilities, citing his communication skills, intelligence and understanding of governance.
According to Aboagye, former President Kufuor told him:
> “The little I know about you, your articulation, your intelligence and your understanding of the systems and structures, I am convinced you can do the work. And once we have identified someone who can do it, all we have to do is to back you, so you can deliver.”
The statement, which Aboagye attributed to the former President, reflects Kufuor’s confidence in his capabilities and his willingness to offer support once the right person has been identified for the task.
Reacting to the endorsement, Aboagye wrote that he and his team had received their “sacred blessing” from the revered former Head of State before concluding his message with a bold declaration:
“WE WILL COMMAND THE NARRATIVE.”
General News
Concerned Group of Ghana Warns Nigeria Over Alleged Xenophobic Attacks on Jonah Capital, Cautions Against Threat to Ghana-Nigeria Relations
The Concerned Group of Ghana (CGG) has strongly condemned what it describes as a sustained campaign of xenophobic attacks against Ghanaian-owned Jonah Capital and its flagship investment, River Park Estate, in Abuja, Nigeria, warning that the actions of Nigerian authorities could undermine regional integration and strain the longstanding relationship between Ghana and Nigeria.

Addressing a press conference in Accra, the Convener of the group, Mr. James Clarke, said the treatment being meted out to Jonah Capital amounts to targeted hostility against a legitimate Ghanaian investment operating in Nigeria.

The group’s reaction follows events that unfolded on July 10, 2026, when the National Association of Ghanaian Communities in Nigeria (NAGHACON) held a press conference at River Park Estate in Abuja.
According to NAGHACON, staff, management and assets of Jonah Capital came under what it described as coordinated attacks by Nigerian state actors following the purported revocation of the company’s Development Lease Agreement and the forceful takeover of portions of its land under the authority of the Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike.

Mr. Clarke said such actions represent clear intimidation of a Ghanaian-owned business and should be condemned by all advocates of justice, investment protection and regional cooperation.
Group Accuses Nigerian Police of Ignoring Own Investigation
The Concerned Group of Ghana also accused the Inspector-General of Police (IGP) of Nigeria, Mr. Kayode Egbetokun, of disregarding the findings of the Police’s own Special Investigation Panel in the long-running dispute involving Jonah Capital.
According to Mr. Clarke, despite the Special Investigation Panel’s conclusions, the Office of the Inspector-General proceeded to prosecute officials of Jonah Capital on allegations of forgery and related offences in Charge No. CR/402/25.

However, he said an independent review conducted by the Attorney-General of the Federal Republic of Nigeria completely overturned the basis of those prosecutions.
The group disclosed that it possesses certified copies of a letter dated December 30, 2025 (Reference: DPPA/REQ/224/25) from the Attorney-General’s office, which made several key findings.

Among them were:
- No prima facie case of forgery or any related criminal offence had been established against Sir Samuel Esson Jonah, Mr. Kojo Ansah Mensah, Mr. Victor Quainoo, and Mr. Abu Arome.
- The report of the Nigeria Police Special Investigation Panel dated March 28, 2025, was valid, comprehensive and unbiased, and was therefore affirmed.
- The Attorney-General found that the findings of the Police IGP Monitoring Unit were highly misleading because they failed to satisfy the legal burden of proof required for criminal prosecution and improperly attempted to criminalise what was essentially a commercial dispute involving ownership, shareholding and contractual obligations.
- The Attorney-General further ruled that the Nigeria Police acted beyond its legal mandate when it publicly declared certain private individuals as the rightful owners and managers of River Park Estate without any judicial determination, stressing that the police have no authority to determine land ownership or contractual rights.
- The Attorney-General also directed the Nigeria Police Force to investigate allegations of destruction of property, criminal intimidation and assaults against staff, agents, customers and residents of River Park Estate while ensuring peace and security within the estate.
Criminal Charges Dismissed
Mr. Clarke noted that following the Attorney-General’s legal opinion, the criminal case against Jonah Capital’s officials was terminated.
He said on January 20, 2026, the High Court of the Federal Capital Territory struck out the charges in Suit No. FCT/JD/HC/CR/402/2025, adding that the Concerned Group also possesses certified records confirming the court’s decision.
Questions Fresh Government Action
The group questioned why, despite the Attorney-General’s findings and the dismissal of the criminal case, Jonah Capital continues to face actions from another arm of the Nigerian government.
Mr. Clarke said it was difficult to understand why the FCT Administration had chosen to move against the company while issues relating to the Development Lease Agreement remain the subject of ongoing international arbitration.
According to him, although the FCT Minister claims the agreement has expired, Jonah Capital disputes that position and has challenged it before an international arbitral tribunal.
He argued that rather than allowing the legal process to determine the matter, authorities allegedly entered the company’s property with armed personnel, damaged company assets, including parts of the Gallery Clubhouse, and endangered the lives of workers.
“Let us be clear: whether or not the agreement has expired is precisely the question now pending before arbitrators. No party that is confident of its case needs bulldozers and armed men to make its argument,” Mr. Clarke stated.
Raises Concerns Over Previous Actions
The Concerned Group further alleged that Jonah Capital has previously been subjected to other actions by Nigerian institutions.
Mr. Clarke referred to what he described as the unilateral alteration of the company’s shareholding records at Nigeria’s Corporate Affairs Commission under Registrar-General Mr. Hussaini Magaji.
According to him, Nigeria’s National Assembly later intervened and ordered the restoration of the original directors and shareholders.
He also cited the detention of one of the company’s executives by the Economic and Financial Crimes Commission (EFCC) over the same forgery allegations that were later dismissed by the Attorney-General as lacking legal foundation.
Warns Against Undermining AfCFTA
The Concerned Group argued that the treatment of Jonah Capital undermines the objectives of the African Continental Free Trade Area (AfCFTA) and contradicts efforts aimed at strengthening regional economic integration across Africa.
The group described the actions as anti-investment, anti-regional cooperation and inconsistent with the spirit of free trade and cross-border investment promotion.
Petition to Nigerian High Commission
Mr. Clarke disclosed that the Concerned Group has already petitioned the Nigerian High Commissioner to Ghana over the matter.
The group urged Nigerian authorities to immediately halt what it described as persistent harassment and xenophobic attacks against the Ghanaian company.
It warned that continued actions against Ghanaian businesses operating in Nigeria could provoke retaliatory sentiments against Nigerian businesses operating peacefully in Ghana, including UBA, Zenith Bank and Access Bank, all of which, according to the group, conduct successful business activities in Ghana without harassment.
Ghana’s Response in 2020 Cited
To illustrate what it described as Ghana’s commitment to good neighbourliness, the group recalled the June 2020 demolition of a building on the premises of the Nigerian High Commission in Accra by a private developer.
Mr. Clarke noted that Ghanaians widely condemned the incident, the individual responsible was arrested and prosecuted, and the Government of Ghana undertook the reconstruction of the demolished structure.
He said that response demonstrated Ghana’s respect for diplomatic relations and foreign investments.
“It is therefore painful that the only prominent Ghanaian company in Abuja has suffered such consistent attacks—even in matters pending before courts and arbitrators—while we stand by seemingly unconcerned,” Mr. Clarke lamented.
The Concerned Group of Ghana called on the Nigerian government to respect the rule of law, protect legitimate foreign investments and ensure that the ongoing dispute involving Jonah Capital is resolved through lawful judicial and arbitral processes rather than force.
Source:senaradioonline.com
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