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COPEC Boss Warns Crackdown on Black-Market Forex Is Fueling Cedi Volatility

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Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, is cautioning government to reconsider its aggressive clampdown on black-market forex dealers, warning that the move is already creating distortions in the cedi’s value and threatening fuel price stability.

Speaking on PM Express Business Edition on Thursday, Mr Amoah said the sudden swoops by security agencies have triggered unexpected shocks within the forex market, compounding the difficulties of import-dependent sectors such as petroleum.

According to him, the cedi has been experiencing inconsistent behaviour in recent weeks, oscillating between brief periods of stability and sudden depreciation. He explained that the irregular movements of the currency remain one of the strongest determinants of fuel price adjustments.

“You would find a certain window where, for two weeks, the cedi is relatively stable,” he said. “Then, at another time, the currency gains. The next moment, you hear that the cedi has suddenly lost value.”

Mr Amoah revealed that COPEC witnessed the volatility firsthand on Thursday, December 11, while attempting to source dollars from the open market. Within a single hour, he said, the quoted rates changed sharply several times — a development he described as alarming.

He linked part of the instability to the recent swoops on street forex dealers.

“Whatever the task force did yesterday by arresting black-market dealers is also having a negative impact,” he said, noting that the crackdown has disrupted informal trading channels that ordinarily supplement the formal banking sector’s limited supply.

Mr Amoah urged authorities to reassess their strategy, emphasising that heavy-handed enforcement could worsen liquidity challenges rather than resolve them.

“The government should review that carefully — whether to keep swooping in on these guys who provide the market with the forex, or find a more friendly and structured way of engaging them,” he advised.

He stressed that any attempt to stabilise fuel prices must begin with ensuring a predictable and functional forex market, as petroleum pricing models remain highly sensitive to cedi–dollar fluctuations.

Chinese Companies Making ‘Huge Contributions’ to Ghana’s Mining Sector — Ambassador

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Chinese Ambassador to Ghana, Tong Defa, has appealed to the Ghanaian media to adopt a more balanced and evidence-based approach in their coverage of the mining sector, particularly when reporting on the activities of Chinese companies.

He said objective journalism is essential for strengthening diplomatic relations and promoting sustainable mining practices across the country.

The Ambassador made the call at Aburi during the opening session of a three-day training workshop on Sustainable Mining for Journalists. The programme, organised by the Ghana News Agency (GNA) in partnership with the Association of China–Ghana Mining (ACGM), brought together reporters, industry experts and regulatory officials to discuss ethical mining practices, environmental protection and industry compliance.

Mr. Tong emphasised that while China fully supports Ghana’s fight against illegal mining, the actions of a small minority of offenders often overshadow the far-reaching contributions of legitimate Chinese companies operating within Ghana’s mining sector. He described this trend as unfair and urged journalists to ensure that their work reflects the complete picture rather than isolated incidents.

“There are thousands of Chinese companies doing well in this country—investing, creating jobs and supporting communities. Yet, the bad actions of a tiny minority dominate the headlines,” he said. “I appeal to our media friends to report comprehensively and objectively about China, so the Ghanaian public can appreciate the full reality of our cooperation.”

The Ambassador highlighted the work of several Chinese firms—Shandong Gold, Zijin Mining, Chifeng Gold, Xiaocheng Technology and Tianyuan Manganese—whose operations he said align with Ghana’s legal, environmental and social standards. He noted that at the Cardinal Namdini Mine, operated by Shandong Gold, 94 percent of the mine’s 1,600 contractor workforce are Ghanaians, with the company investing more than $2 million into community development projects, including education, sanitation, healthcare, and a 25-kilometre access road linking multiple communities.

Chifeng Gold’s Wassa Mine, he added, has committed over US$4.5 million to a Community Development Fund that supports schools, water systems, health facilities and road projects, while also partnering with local farmers to develop a medium-scale palm oil processing plant.

“These examples are only the tip of the iceberg,” he said, encouraging journalists to visit mining sites to witness firsthand how responsible Chinese companies are contributing to local development.

Mr. Tong reaffirmed China’s commitment to supporting Ghana’s mining reforms, environmental protection efforts and broader industrialisation agenda. He said recent high-level discussions between President Xi Jinping and President John Dramani Mahama demonstrate China’s readiness to deepen cooperation across mining, energy, agriculture and infrastructure.

“China is prepared to work with Ghana throughout the entire mining value chain—from exploration and geological surveys to resource development and environmental protection. We continue to urge Chinese companies to strictly follow Ghanaian laws and decisively combat illegal mining,” he stated.

General Manager of the Ghana News Agency, Mr. Albert Kofi Owusu, said the workshop aims to enhance journalists’ understanding of natural resource governance and equip them to provide accurate, balanced and impactful reports. He noted that while mining contributes significantly to Ghana’s economy, irresponsible practices—particularly illegal mining—pose severe threats to the environment and community livelihoods, making responsible reporting even more critical.

Chairman of the Association of China–Ghana Mining, Tang Zhenjiang, also highlighted ongoing investments by Chinese firms in education, health, renewable energy and community infrastructure. He emphasised that responsible mining must be matched by responsible journalism to ensure that public narratives reflect factual developments and promote meaningful cooperation.

Mahama’s Firm Defense of OSP Shows Commitment to Fighting Corruption — CDD-Ghana

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The Centre for Democratic Development (CDD-Ghana) has praised President John Dramani Mahama for taking a decisive stance against ongoing attempts to repeal the Office of the Special Prosecutor (OSP) Act, describing his intervention as a clear commitment to strengthening Ghana’s anti-corruption architecture.

Dr Kojo Pumpuni Asante, Director of Advocacy and Policy Engagement at CDD-Ghana, said in a media interview on Citi FM on Thursday, December 11, that the President’s directive to Majority Leader Mahama Ayariga and Majority Chief Whip Rockson Nelson Dafeamekpor to withdraw their Private Member’s Bill demonstrates firm support for protecting key accountability institutions.

According to Dr Asante, claims that the OSP has underperformed are not supported by available evidence. He argued that while concerns about the legal basis of the office may exist, such issues should be addressed through the constitutional review process rather than used as justification to abolish the law.

“We welcome the President’s intervention. I disagree with the narrative that the OSP’s performance has been poor because the evidence does not support that claim. If there are concerns about the constitutionality of the office, they should be resolved through the appropriate constitutional review mechanisms,” he said.

Dr Asante further noted that the President’s consistent support for the OSP signals a genuine commitment to building a stronger, more effective anti-corruption framework for the country.

“The President has shown consistency in supporting the office and reinforced the need to build an accountability system that delivers meaningful results for Ghanaians,” he added.

President Mahama’s intervention followed widespread public backlash against the proposed repeal. Addressing the National Peace Council earlier, he emphasised that eliminating the OSP at this stage would undermine national anti-corruption efforts. Instead, he encouraged the Special Prosecutor to strengthen operational efficiency and expedite ongoing investigations to restore and deepen public confidence in the institution.

Ghana Will Respect Every Opponent at 2026 World Cup – Otto Addo

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Black Stars head coach Otto Addo says Ghana will maintain a calm, disciplined and humble approach as the team intensifies preparations for the 2026 FIFA World Cup.

Ghana sealed qualification with an impressive campaign and are now gearing up for a challenging Group L, where they will face England, Croatia and Panama.

Addo, who led the team to an unbeaten run in the qualifiers, said the players remain focused despite growing confidence around the squad. The Black Stars’ only group-stage loss came under former coach Chris Hughton earlier in the campaign.

“We didn’t lose a single official qualifying game. We did very well,” Addo said. “We just played one draw and the rest we won, so we had quite a good year in 2025, after a bad year in 2024.”

He acknowledged the threat posed by England and Croatia but stressed that no team would be taken lightly.

“For me as a coach, I’m looking at each and every game equally,” he emphasized.

Addo also praised the growing unity, youthful vibrancy and strong chemistry within the squad, noting that these qualities will be crucial as Ghana seeks to make a statement at the tournament.

The Black Stars will open their World Cup journey against Panama on June 17 in Toronto, before taking on England on June 23 and Croatia on June 27. Ghana’s qualification hopes will rely heavily on discipline, confidence and a collective determination to excel on football’s biggest stage.

Kwabeng Youth Stage Fierce Protest Over Rampant Galamsey, Accuse Chief of Neglect

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Tensions are mounting in Kwabeng, the capital of the Atiwa District in the Eastern Region, where irate youth have taken to the streets to protest the massive destruction of their lands and water bodies due to illegal mining (galamsey).

The demonstrators accuse their chief of failing to act while the community’s environment, livelihoods and future continue to deteriorate.

Speaking on Adom FM’s Dwaso Nsem, youth leader Addo Dankwa Jnr. said the people of Kwabeng are “not at peace and not happy,” noting that several petitions to the palace have yielded no results.

“We lack development, and the galamsey activities are excessive. Soon, we may have nowhere to bury our loved ones because all our lands are being destroyed,” he lamented.

He warned that frustration among the youth is reaching dangerous levels and could lead to unrest if authorities fail to intervene urgently.

The youth are calling on the Inspector-General of Police (IGP) to step in immediately, halt an upcoming gathering reportedly planned by the chief, and compel local leadership to address the community’s grievances.

Their protest comes at a time when the national conversation around galamsey—its impact on rivers, farmlands and community safety—continues to intensify.

“The people have repeatedly petitioned the palace for change, but the kingsmen are still not listening,” Dankwa added. “The situation is troubling, and the chief is not addressing it. We urge the IGP to intervene, stop the chief from holding gatherings, and ensure our concerns are heard.”

Fresh Thailand–Cambodia Clashes Force Border Evacuations, Leave Five Dead

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Residents living along the Thailand–Cambodia border fled their homes on Monday as heavy fighting erupted between the two countries, marking the most intense confrontation since a ceasefire agreement was reached in July. At least five people have been confirmed dead, with both sides trading accusations over who instigated the latest hostilities.

Thai Prime Minister Anutin Charnvirakul said Thailand “never wanted violence” but would “use necessary means to preserve its sovereignty.” Cambodia’s former leader Hun Sen, meanwhile, accused Thai forces of provoking the clashes, describing them as “invaders.”

Tensions have been escalating since May, resulting in more than 40 deaths, trade restrictions, and cross-border travel disruptions.

Air Strikes and Conflicting Claims

On Monday, Thailand’s army reported that Cambodian forces opened fire in Ubon Ratchathani Province, prompting a military response that included air strikes along disputed stretches of the border. Cambodia’s defence ministry countered by saying Thai forces attacked first in Preah Vihear province.

Officials from both countries confirmed that one Thai soldier and four Cambodian civilians were killed, with about a dozen others injured.

Schools Shut, Families Flee

Beyond the immediate casualties, there are growing concerns over the conflict’s impact on children living near the border.

Nearly 650 schools across five Thai provinces have been ordered to close due to safety concerns, according to Thailand’s education minister. On the Cambodian side, videos circulating on social media show frantic scenes as parents rush to pick up their children from schools close to the fighting.

For Thai teacher Siksaka Pongsuwan, the renewed clashes have deepened a cycle of disruption for students.

He told the BBC that many children are “losing opportunities and precious time” as repeated violence forces schools to close. During earlier clashes in July—when heavy fighting broke out in the middle of student examinations—his school switched to online learning, but many students lacked internet access or devices.

Cambodian journalist Mech Dara shared haunting images and videos of children fleeing classrooms and even eating meals in underground bunkers. “How many times do these kids have to suffer this shocking environment?” he wrote on X. “The nonsense fighting brings kids a horrible nightmare.”

Villagers Face Tough Choices

Meanwhile, families on both sides of the border must decide whether to evacuate or remain in their homes despite the danger. Pongsuwan said gunfire could still be heard in his village.

“If you ask whether we’re scared, yes we are,” he said. “Should we leave? Will it really be safer? Or should we stay?”

A Century-Old Dispute Resurfaces

The latest escalation stems from a long-standing border dispute that dates back more than a century, to the period following French colonial rule in Cambodia. Although the two nations agreed to an “immediate and unconditional ceasefire” in July—brokered by Malaysian Prime Minister Anwar Ibrahim—fragile peace has continued to collapse.

In October, both sides signed another ceasefire agreement in Malaysia, with then-US President Donald Trump overseeing the ceremony. Cambodia later nominated Trump for a Nobel Peace Prize for his role. But within two weeks, Thailand suspended implementation of the agreement after two Thai soldiers were injured in a landmine blast near the border.

Cambodia continues to insist it remains committed to the ceasefire, even as sporadic violence threatens to spiral once again into full-scale conflict.

High Court Dismisses Chairman Wontumi’s Application for Additional Disclosures

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The Accra High Court has dismissed an application filed by lawyers for the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, seeking further disclosures from state prosecutors in his ongoing criminal trial.

The defence team had argued that the documents being requested were essential for the preparation of their case. The court, however, disagreed.

The matter was first adjourned on 25 November 2025 after lead counsel, Andy Appiah-Kubi, informed the court of plans to formally make the request. When the case resumed on Monday, 8 December, both parties presented their arguments, with Deputy Attorney-General, Justice Srem Sai, urging the court to dismiss the application as unfounded.

After considering the submissions, presiding judge Audrey Kocuvie-Tay struck out the application, ruling that the defence had not demonstrated sufficient grounds for the request.

Speaking to the press after the proceedings, Mr Appiah-Kubi stated that the court’s decision affirmed their long-held belief that the prosecution did not possess the documents being sought. He added that the defence team was fully satisfied with the ruling, calling it consistent with their expectations.

Chairman Wontumi is currently facing a six-count criminal charge filed in October by the Office of the Attorney-General. The charges relate to alleged breaches of Ghana’s mining laws, specifically unauthorised mining activities said to have taken place at Samreboi in the Western Region.

He is standing trial alongside Kwame Antwi and Akonta Mining Company Limited, his mining firm. The charges invoke provisions of the Minerals and Mining Act, 2006 (Act 703), as amended by the Minerals and Mining (Amendment) Act, 2019 (Act 995).

Bono Region Records Major Anti-Robbery Breakthrough as Police Arrest Key Suspects

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The Bono Regional Police Command has achieved a significant breakthrough in its ongoing fight against armed robbery and organised crime, following the arrest and prosecution of several suspects believed to be behind a series of violent attacks across the region.

Addressing the media at the Regional Police Headquarters in Sunyani, the Bono Regional Police Commander, DCOP Joshua Coppson, said the arrests were made through coordinated, intelligence-driven operations carried out in Berekum, Drobo, Nkaseim, Domfete, Ewiakrom, and neighbouring communities.

The targeted operations focused on dismantling criminal networks involved in robbery attacks, firearm trafficking, and the smuggling of stolen motorcycles to Côte d’Ivoire.

The suspects arrested include:
• Johnson Amponsah Kwame Diawuo, 47
• Shadrach Owusu (alias Shark), 25
• Kwafo Samuel, 30
• Latif Mustapha (alias Star Boy), 28
• Mosby Owusu, 20
• Kofi Iddrisa, 45
• Kwabena Agon Azubilla Akalotey, 18
• Baba Kumi Foster, 35

Police investigations revealed that on November 18, 2025, a five-member gang led by Johnson Amponsah attempted to rob passengers travelling along the Berekum–Drobo Road. The attempt was foiled after a swift response from a Police Patrol Team.

During interrogation, suspects Shadrach Owusu and Kwafo Samuel admitted their involvement and named Johnson Amponsah as the leader. They also confessed to participating in multiple robberies around Nkaseim in the Ahafo Region.

A subsequent operation led to the arrest of Amponsah at his hideout in Nyamennae, a suburb of Berekum. A search of his residence uncovered quantities of Indian hemp, two motorcycle helmets, and two machetes, all retrieved as exhibits.

In a separate operation, officers from the Regional Police Intelligence Directorate arrested Latif Mustapha (Star Boy) and Mosby Owusu at Domfete near Berekum. Latif attempted to evade arrest by hiding in his ceiling but was later apprehended following a meticulous search.

Further checks revealed that suspect Kwabena Agon Azubilla Akalotey, already on remand for stealing, owned a pistol previously recovered during police operations.

A search of Latif Mustapha’s room uncovered a significant cache of items, including full military camouflage uniform, military jacket and boots, a toy Glock pistol, taser, live and spent foam bullets, pepper spray, multiple knives and scissors, talismans, war regalia, two laptops, swimming goggles, and toffees suspected to be infused with Indian hemp.

Police also discovered a Parabellum Model R-9 Hungarian pistol loaded with two rounds of 9mm ammunition hidden in the room of Mosby Owusu. He told investigators he purchased the weapon from Latif Mustapha for GHS 9,000 and that Latif occasionally retrieved it from him.

In efforts to dismantle a separate criminal chain involved in receiving and transporting stolen motorcycles and tricycles to Côte d’Ivoire, officers arrested Kofi Iddrisa and Baba Kumi Foster at Ewiakrom near Nkrankwanta. Three motorcycles and one tricycle were seized as evidence.

On December 2, 2025, suspects Johnson Amponsah, Shadrach Owusu, and Kwafo Samuel were arraigned before the Fiapre Circuit Court on charges of conspiracy to commit robbery and attempted robbery. They were remanded and will reappear on December 22.

That same day, suspects Latif Mustapha (Star Boy) and Mosby Owusu were arraigned before the Sunyani District Court B on charges of illicit trafficking of firearms, unlawful possession of firearms, and possession of military uniforms without authority. They were remanded to reappear on December 15.

However, suspects Kofi Iddrisa and Baba Kumi Foster, who are being investigated for dishonestly receiving stolen items, were granted police inquiry bail pending further investigations.

The Bono Regional Police Command has reiterated its commitment to dismantling criminal networks and is calling on the public to provide credible information to support ongoing operations. The Command says efforts are underway to arrest additional accomplices still at large and retrieve more illegal weapons linked to the syndicates.

Two Female Prison Officers Dead, Two Male Officers Critical in Akuse Road Crash

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The Akuse Local Prison community has been thrown into deep mourning following a tragic accident on the morning of Saturday, December 6, 2025, which claimed the lives of two female prison officers and left two male officers in critical condition.

The Akuse District Police Command has begun a full investigation into the fatal crash, which occurred along a key stretch of road between the Akuse Junction and the VRA Junction. Although the exact circumstances surrounding the accident remain unclear, police have confirmed that the vehicle involved was a Toyota Corolla with registration number GS 4817-17.

The violent impact of the collision resulted in the immediate deaths of the two female officers. Their two male colleagues, who were also inside the vehicle, sustained multiple fractures and severe injuries.

Emergency teams rushed the injured officers to the Akuse Government Hospital, where they received initial treatment. Due to the seriousness of their condition, they were later referred to St. Joseph Hospital in Koforidua in the Eastern Region for advanced medical care.

The news has left staff of the Akuse Local Prison devastated. Colleagues describe the atmosphere within the facility as one of overwhelming shock and heartbreak, as they mourn the two officers who died and pray for the recovery of the injured.

Police have officially launched an inquiry into the fatal incident, focusing on gathering evidence, speaking to witnesses, and conducting a detailed inspection of the crashed vehicle to piece together what led to the accident.

This tragic event highlights the dangers faced by security officers, not only during active duty but also while travelling for official responsibilities. The Akuse Local Prison, located in the Lower Manya Krobo Municipality, is one of the key correctional facilities in the Eastern Region, and the loss of personnel has deeply shaken the tight-knit security community.

Golden Voice Silenced: Maame Tiwaa of Yaw Sarpong’s Asomafo Passes On

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Ghana’s gospel music fraternity has been thrown into mourning following the passing of Maame Eno Tiwaa, a long-serving and iconic member of the legendary group Yaw Sarpong and Asomafo. She died in the early hours of Sunday, December 7, 2025.

Her passing was confirmed by the group’s manager, Nana Poku Ashis, who revealed to myjoyonline.com that Eno Tiwaa had been unwell for several weeks before her death.

Ashis described her as a pillar of strength, noting that her life was characterised by deep commitment, humility, and sacrifice. According to him, for more than four decades she played an instrumental role in the success and stability of both Yaw Sarpong and the group.

“For the past 40 years, Eno Tiwaa has contributed so much to the group and to Yaw Sarpong. She always made sure Yaw was in a good condition,” he said.

Before her passing, she was the primary caregiver of Yaw Sarpong, who himself has been battling health challenges in recent years.

Widely celebrated for her silky, unmistakable voice, Eno Tiwaa earned admiration from gospel music lovers across Ghana and beyond. In 2021, she received her first nomination in the 3Music Awards Female Vocalist of the Year category — a recognition many felt was long overdue.

Her last major public appearance was at the 2025 Telecel Ghana Music Awards on May 10, where she delivered an emotionally charged performance after receiving the Lifetime Achievement Award on behalf of Yaw Sarpong and Asomafo.

Her death marks a significant loss to Ghanaian gospel music, leaving behind a legacy of passion, faith, and timeless melodies.

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