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
Mahama to host Gabon’s President Brice Oligui Nguema for three-day official visit to Ghana
President John Dramani Mahama will host the President of the Gabonese Republic, His Excellency Brice Clotaire Oligui Nguema, for a three-day official visit to Ghana from 28th to 30th July 2026, following an invitation extended by the Ghanaian leader.
According to a statement issued by the Presidency and signed by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu, the Gabonese President will be accompanied by a high-level delegation made up of government ministers, senior officials and members of the Gabonese business community.
The visit is expected to further strengthen the long-standing bilateral relations between Ghana and Gabon and deepen cooperation in areas of mutual interest.
On 28th July, Presidents Mahama and Oligui Nguema will hold a private tête-à-tête before leading official bilateral talks at the Jubilee House in Accra.
The discussions will review the current state of relations between the two countries and explore new opportunities for collaboration across a broad range of sectors, including political and diplomatic consultations, trade and investment, mining, energy, agriculture, forestry, fisheries, maritime affairs, transport, tourism, education, health, defence and security, environmental protection, climate action and people-to-people exchanges.
The two leaders are also expected to reaffirm their shared commitment to expanding bilateral cooperation and advancing sustainable economic development for the mutual benefit of the people of Ghana and Gabon.

General News
KGL Group, GMTF Break Ground for Ultra-Modern Diagnostic Centre at Ridge Hospital
The Ghana Medical Trust Fund (GMTF) has announced a major partnership with KGL Group and the KGL Foundation to construct a state-of-the-art diagnostic centre at the Greater Accra Regional Hospital (Ridge), aimed at improving access to advanced healthcare services in Ghana.
The initiative follows GMTF’s appeal to Corporate Ghana on February 5, 2026, to support efforts to equip Ridge Hospital with modern diagnostic equipment. Responding to the call, KGL Group and the KGL Foundation pledged not only to provide the equipment but also to fund the construction of a new diagnostic centre that will house all essential imaging services under one roof.
The new facility will be fitted with advanced medical equipment, including an MRI machine, CT scan, Mammography unit, X-ray machine, and Fluoroscopy machine. The investment is expected to significantly strengthen the hospital’s diagnostic capabilities and improve the management of complex medical conditions.
The project officially entered its implementation phase following a site inspection at Ridge Hospital led by Ghana Medical Trust Fund Administrator, Adjoa Obuobia Darko-Opoku, and KGL Group Chief Executive Officer, Alex Apau Dadey, together with their respective teams.
According to GMTF, the new diagnostic centre will enhance the hospital’s ability to provide faster and more accurate diagnoses while expanding access to specialist diagnostic services for thousands of patients across the country.
The Ghana Medical Trust Fund expressed appreciation to KGL Group for its commitment, describing the partnership as a shining example of how collaboration between Corporate Ghana and government can transform healthcare delivery and improve the lives of Ghanaians.
The Fund noted that the project reflects the vision of strengthening Ghana’s healthcare infrastructure through strategic public-private partnerships, adding that the initiative aligns with the broader goals of the Mahama Cares programme.
General News
Offence Can Make You Lose Your Inheritance – Dr. Lawrence Tetteh Urges Ghanaians to Live Above Bitterness
Renowned evangelist Dr. Lawrence Tetteh has called on Ghanaians to avoid living in offence and bitterness, warning that harboring grudges can rob people of their purpose, relationships and even their destiny.
Delivering a speech during the wreath-laying ceremony and 14th commemoration of the late President John Evans Atta Mills, Dr. Tetteh stressed that “offence can make you lose your inheritance.”
According to him, offence is one of the enemy’s greatest traps because people will always criticize others regardless of what they do. He advised that becoming easily offended could cause people to lose valuable relationships, respect and loyal supporters.
Dr. Tetteh noted that offence breeds division, disloyalty and unnecessary conflicts, adding that those who have benefited from someone’s kindness can eventually turn against them when offence takes root.
Drawing lessons from the Bible, he cited John the Baptist, saying offence and disappointment can affect a person’s outlook even in difficult moments. He also referenced Moses, who, despite leading the Israelites out of Egypt, did not enter the Promised Land, urging people not to allow offence to derail their God-given assignment.
He further warned leaders not to let criticism from followers distract them from their mandate, emphasizing that reacting to every provocation only weakens one’s focus.
“If you want to stand like H.E. Atta Mills, live an offence-free life,” Dr. Tetteh said, encouraging Ghanaians to use their positions to build friendships rather than create enemies.
The annual wreath-laying ceremony was held to honour the memory and leadership legacy of the late President John Evans Atta Mills, who passed away in office 14 years ago.
By Maurice Otoo
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