General News
Gold Board Initiative Boosts Ghana’s Economy by Over GH¢3 Billion in Four Months – Kwakye Ofosu

The Minister of State in charge of Government Communications, Felix Kwakye Ofosu, has revealed that over GH¢3 billion has been injected into Ghana’s economy in just four months through a new government policy mandating small-scale miners to sell their gold exclusively to the Gold Board.
Speaking on GTV’s Breakfast Show, Mr. Kwakye Ofosu credited this initiative for the recent stabilization of the cedi. “In the last four months, more than $3 billion has come into the country in addition to what would have otherwise come,” he explained.
Under the arrangement, the Gold Board buys gold in cedis, exports it, and returns the foreign exchange earnings into the local economy. This inflow of dollars is then allocated across critical economic sectors, with a portion also held by the Bank of Ghana to bolster reserves. Some of the dollars are subsequently injected into the foreign exchange market or used to settle international obligations.
Before this policy was introduced, small-scale miners exported gold informally, and the resulting foreign exchange rarely reached the formal economy. “Small-scale miners were taking gold out of this country in a manner that was not accounted for. The proceeds did not come to a central point for equitable distribution,” Mr. Kwakye Ofosu noted.
He criticized the previous administration for its failure to stabilize the cedi despite having eight years in office. “In 2022 alone, the cedi lost about 54% of its value. It was the worst-performing currency at the time,” he pointed out.
Mr. Kwakye Ofosu assured that the Gold Board policy is not a short-term measure, but a lasting strategy. “The President has indicated that at some point, the cedi will hover within a certain band — a stable range that will shield Ghanaians from untold hardships,” he said.
Responding to claims that similar solutions were implemented under the previous administration, Mr. Kwakye Ofosu concluded, “If they indeed had effective measures, they would have produced results during their eight-year tenure.”
General News
Ghana Armed Forces Promote Soldier Who Rejected Galamsey Bribe and Arrested Illegal Miners

The Ghana Armed Forces (GAF) have promoted Private Solomon Asare Teye-Tsu to the rank of Lance Corporal for his exemplary integrity and patriotism in rejecting a bribe from illegal miners, popularly known as galamsey operators.
The promotion was announced at an all-rank durbar held at Burma Hall in Burma Camp, Accra, on Friday, July 11, 2025. Lance Corporal Teye-Tsu, currently serving with the Department of Public Relations, was decorated by the Chief of the Defence Staff (CDS), Lieutenant General William Agyapong, who commended him for his outstanding professionalism.
As part of his reward, Lance Corporal Teye-Tsu has also been nominated to serve with the United Nations Interim Force in Lebanon and was presented with a special citation acknowledging his integrity.
Addressing the gathering, which included top military officers, the CDS emphasized the Armed Forces’ commitment to rewarding ethical conduct:
“While misconduct attracts sanctions, professional behaviour such as that demonstrated by L/Cpl Teye-Tsu will always be recognized and rewarded,” Lt. Gen. Agyapong said.
The promotion follows a widely-praised incident in late 2024 when then-Private Teye-Tsu, on official guard duty at Bibiani Gold Mines, was offered a substantial bribe by illegal miners seeking unauthorized access to mining pits. Demonstrating his commitment to the national fight against illegal mining and environmental degradation, he rejected the bribe, apprehended the suspects, and handed them over to authorities.
His heroic act also earned him public recognition from Ojeyz Security Limited, the private firm responsible for the site’s security. He received an “Outstanding Staff Recognition” citation signed by the company’s CEO and founder, Captain Haruna Adamu (Rtd), praising his professionalism and unwavering dedication.
Lance Corporal Teye-Tsu, 30, hails from Odumase-Krobo in the Eastern Region. He is a 2023 recruit of the Ghana Armed Forces and an alumnus of Manya Krobo Senior High School and King David College. He is also an active member of Kloma Gbi, a youth group advocating for the development of the Krobo States.
General News
Kwame Nkrumah Avenue to Temporarily Close for Emergency Road Repairs — AMA Announces

The Accra Metropolitan Assembly (AMA) has announced the temporary closure of a portion of Kwame Nkrumah Avenue in Accra’s Central Business District (CBD) to allow for urgent repair works.
In a statement signed by the Head of Public Affairs, Gilbert Nii Ankrah, on behalf of AMA Chief Executive Officer Michael Kpakpo Allotey, the closure will take place from 8:00 p.m. on Saturday to 12:00 a.m. on Sunday.
The affected section covers the U-turn area at Lava and the stretch from the Derby Avenue/Kwame Nkrumah Avenue intersection to the Selwyn Market Street/Kwame Nkrumah Avenue intersection.
The AMA explained that the repairs are necessary due to the development of severe potholes and road depressions, which have disrupted smooth traffic flow and posed safety risks to both drivers and pedestrians.
Motorists are advised to use alternative routes during the closure and adhere to all traffic management arrangements put in place. Directional signs will be installed, and officers from the Ghana Police Service’s Motor Traffic and Transport Department (MTTD) will be on-site to assist with traffic flow.
Following the sectional repairs, the Assembly will proceed with paving works to improve the road’s durability and long-term performance.
The AMA apologized for any inconvenience the temporary closure may cause and urged all road users to cooperate as the city works to enhance transportation infrastructure and ensure safer, more efficient mobility for the public.
Crime and Investigation
Small Scale Miners Chairman Arrested for Interfering with Anti-Galamsey Operation in Desiri Forest

The Chairman of the Small Scale Miners Association, Kojo Peprah, has been arrested by the Special Anti-Galamsey Task Force deployed by the Inspector General of Police (IGP) for obstructing an operation against illegal mining in the Desiri Forest Reserve, Ashanti Region.
Police reports indicate that Mr. Peprah confronted the special team during their mission to flush out illegal miners from the forest reserve, questioning the legitimacy of their operation and demanding explanations.
Following his arrest, Mr. Peprah claimed he had received reports that the task force had entered what he believed to be his legally licensed mining site within the forest reserve.
However, authorities have clarified that small-scale mining licenses do not permit mining within forest reserves, casting doubt on the activities of miners operating in the protected area.
According to the latest data from the Forestry Commission, the Desiri Forest Reserve is currently the only “red spot” among 44 forest reserves recently invaded by illegal miners.
Mr. Peprah has since been handed over to the Nkawie Police Command to assist with ongoing investigations.
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