General News
Peprah Urges Caution on Fuel Tax Cuts, Proposes Moderate Relief to Safeguard Revenue
A Professor of Finance at Andrews University, Williams Kwasi Peprah, has cautioned the government against fully implementing the GH¢1.65 reduction in petroleum prices being advocated by a coalition of civil society organisations (CSOs), describing the proposal as excessive and potentially harmful to the national budget.
Speaking on The Pulse on JoyNews on Tuesday, April 14, 2026, Professor Peprah acknowledged the need for consumer relief but warned that the proposed 40 percent cut in the total tax component—championed by groups including IMANI Africa, COPEC, INSTEPR and Institute for Energy Security—could significantly undermine government revenue and disrupt key development projects.
Instead, he proposed a more measured approach, recommending a 20 percent reduction as a “fair compromise” that balances fiscal sustainability with public relief.
According to him, a 40 percent reduction would result in an estimated monthly revenue loss of about GH¢600 million, while a 20 percent cut would reduce the impact to roughly GH¢300 million.
To offset this projected shortfall, Professor Peprah advised the government to adopt a “fiscal switch” strategy, which would involve deferring selected expenditures.
“Government must absorb certain line items within its expenditure framework. Goods and services, as well as some capital projects, could be postponed to 2027 to prevent disruption to budget targets,” he explained.
He also criticised the government’s proposal for a short-term, four-week intervention, arguing that it would be insufficient given ongoing global uncertainties.
Citing the lingering effects of geopolitical conflicts and forecasts from the World Bank, he stressed the need for a longer intervention period of at least six months to allow businesses and households to plan effectively.
“A four-week window is too short for meaningful planning. Even minor global conflicts tend to have economic effects lasting beyond six months. A longer-term strategy is necessary for investors, companies and individuals,” he said.
With Ghana still operating under an economic programme with the International Monetary Fund set to end in August, Professor Peprah warned that any policy misstep could jeopardise the country’s ability to meet key fiscal targets.
He recommended that any tax adjustments be formalised through a mid-year budget review, enabling government to transparently outline expenditure cuts that would compensate for lost revenue.
The finance expert also cautioned against permanently scrapping taxes at this stage, noting that future fiscal pressures—particularly potential wage demands from labour unions driven by inflation—would require sustained revenue streams.
Commenting on President John Mahama’s indication that Ghana could source fuel from Nigeria’s Dangote Refinery, Professor Peprah described the move as positive for supply security.
He noted that while global crude oil prices would still apply, Ghana could benefit from reduced freight costs due to proximity. He added that further gains could be realised if transactions fall under the ECOWAS Trade Liberalisation Scheme, which offers potential tax advantages.
Professor Peprah concluded that while inaction would be the worst possible outcome, any intervention must be carefully targeted and supported by a transparent realignment of the 2026 budget.
General News
Raheem Sterling Admits Dangerous Driving After M3 Lamborghini Crash
Former England international footballer Raheem Sterling has pleaded guilty to dangerous driving following a single-vehicle crash involving his Lamborghini on the M3 motorway in Hampshire.
Sterling, 31, appeared at Basingstoke Magistrates’ Court on Tuesday and admitted dangerous driving as well as charges relating to the possession of nitrous oxide and failing to provide a specimen.
Crash on M3
The incident happened on May 28, 2026, when Sterling’s Lamborghini Urus crashed on the southbound M3 near the Minley Interchange.
Police said no other vehicles were involved and no injuries were reported. Sterling was subsequently charged after the crash.
The dangerous-driving charge covered his driving on several roads, including the M25, M3, A327 and Minley Road, before the collision.
Nitrous Oxide Charges
Sterling also admitted possessing six nitrous oxide canisters. The substance is classified as a Class C drug in the UK when possessed for wrongful inhalation.
He additionally pleaded guilty to failing to provide a specimen.
The court heard allegations about his driving before the crash, with witnesses describing erratic manoeuvres and sudden changes in speed.
Football Career
Sterling has enjoyed a distinguished career with Liverpool, Manchester City and Chelsea, while also spending time on loan at Arsenal and later playing for Dutch club Feyenoord.
He made 82 appearances for England and won four Premier League titles with Manchester City. Sterling is currently without a club following the expiry of his Feyenoord contract.
The court proceedings are expected to determine the consequences of his guilty pleas.
General News
AI Regulation Faces Political Deadlock as Calls Grow for Congress to Act
General News
Save The Republic Demands Heads Roll Over Rising Drug Trafficking
The Save the Republic pressure group, led by Kwesi Botchwey Esq, has raised alarm over what it describes as a disturbing rise in drug trafficking involving Ghana, demanding accountability from key state officials.
In a press conference held at the Ghana International Press Centre, the group insisted that recent cocaine seizures and arrests linked to Ghana risk damaging the country’s international reputation and turning it into a hub for illicit drug trafficking.
According to the group, several incidents since 2025 require urgent investigation. It cited an alleged March 2025 incident involving an aircraft reportedly arriving from Gran Canaria which was suspected to contain some amount of cocaine, the arrest of a man allegedly possessing 120 slabs of cocaine amounting to $150million around Cape Coast, and the reported seizure of 3.3 tonnes of cocaine at Pedu.
They also referenced reports of Ghanaian-linked drug arrests abroad, including an alleged June 18, 2026 arrest in Australia involving illicit drugs said to be worth about $208 million, as well as a cocaine seizure in France reportedly valued at $269 million.
The group claims cocaine seizures connected to Ghana since 2025 are collectively valued at about $976 million.
Against this backdrop, Save the Republic is demanding the resignation or removal of officials it believes should be held accountable, including the Interior Minister and heads of Customs, the Ghana Ports and Harbours Authority, the Narcotics Control Commission and other agencies responsible for securing the country’s entry and exit points.
The group further urged President John Dramani Mahama to treat the situation as a national security threat, warning that unchecked drug trafficking could fuel money laundering, terrorism financing and other forms of organised crime.
General News
Trump Dismisses AI Safety Fears as a ‘Hoax,’ Rejects Calls for Tighter Safeguards
U.S. President Donald Trump has rejected growing calls for stronger government oversight of artificial intelligence, describing concerns about the technology’s potential dangers as a “hoax” and arguing that excessive regulation could weaken America’s position in the global AI race.
Trump made the comments as prominent technology executives and AI researchers increased pressure on Washington to introduce additional safeguards for increasingly powerful AI systems.
Trump backs continued AI development
Trump has argued that the United States must continue advancing artificial intelligence to maintain its technological and economic advantage over China.
He said the U.S. already has mechanisms capable of dealing with companies that misuse AI and suggested that strong presidential leadership is sufficient to provide the necessary oversight.
The president has also warned that slowing AI development could allow China to gain an advantage in a technology he considers strategically important to the American economy and national security.
Tech leaders push for safeguards
Trump’s position comes amid growing warnings from some of the industry’s leading figures.
Anthropic CEO Dario Amodei has called for regulations requiring independent safety assessments of the most advanced AI models. OpenAI CEO Sam Altman and xAI founder Elon Musk have also expressed support for greater coordination and measures to reduce risks associated with rapidly developing AI technology.
Some lawmakers are now considering legislation that could require AI companies to demonstrate that they are taking reasonable steps to prevent their systems from causing serious harm.
Political debate intensifies
The issue is increasingly becoming a political divide in Washington. Democrats are pushing for stronger federal safeguards, while Trump and several senior Republicans have questioned whether government intervention would do more harm than good.
Vice President JD Vance has also expressed skepticism about technology companies asking the government to regulate their own industry, arguing that the motivation behind such requests deserves scrutiny.
The debate comes as concerns grow over AI’s potential impact on cybersecurity, employment, misinformation and national security, alongside longer-term fears about highly autonomous systems.
For now, the Trump administration appears determined to prioritize rapid AI development and competition with China rather than impose broad new federal restrictions, setting the stage for a major policy battle in Washington over how much control governments should have over the technology.
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