Security Interests Registrations Surge by 26.7% in 2025 – Bank of Ghana Report
Ghana witnessed a significant rise in the number of security interests registered in 2025, reaching 484,059, an increase of 26.7% from the 382,215 registrations recorded in 2024. This development was highlighted in the Bank of Ghana’s 2025 Annual Report and Financial Statements. According to the report, the commerce and finance sector dominated secured lending, accounting for 88.9% of all transactions in 2025. The agriculture, forestry, and fishing sector followed with 4%, while the services sector contributed 3%. The total value of secured loans granted during the year surged to GH¢148.3 billion, up from GH¢60.9 billion in 2024. Banks were responsible for GH¢94.5 billion worth of these loans. Activity at the Collateral Registry also intensified, with the number of searches conducted rising by 11.7% to 72,901 in 2025, compared to 65,267 the year before. Registered collateral assets grew by 21.7%, reaching 584,000 in 2025, up from 479,707 in 2024. The report noted that cash remained the most commonly accepted form of collateral, followed by inventories or stock of goods, and company and business assets. The Collateral Registry issued 200 Memoranda of No Objection certificates in 2025 to support the realisation of security interests in collateral, marking a 33.6% drop from the 301 certificates issued in 2024. A total of 105,029 registrations were discharged during the year, with Savings and Loans Companies recording the highest volumes of registrations, searches, and discharges. The data reflects growing confidence in Ghana’s secured lending environment, as well as increased activity across key economic sectors. Source: Apexnewsgh.com
Police recover ¢140,000 and AK-47 rifle after robbery at Lashibi
The Sakumono District Police Command has recovered GH¢140,000 and an AK-47 assault rifle following a robbery incident involving a mobile money vendor at Lashibi on 3 July 2026. Preliminary investigations indicate that the victim was attacked by two armed men on a motorbike while returning home from work with a bag containing GH¢140,000. The suspects allegedly opened fire on the victim’s vehicle, damaging the right rear tyre and front windscreen before making away with the cash. Investigations further show that after seizing the money and attempting to flee, the suspects were fired upon by the complainant. One of the suspects was killed at the scene, while the second escaped, abandoning the stolen bag, which was later recovered by police. The complainant was not injured. A search on the deceased suspect led to the recovery of an AK-47 rifle, two magazines containing a total of 55 rounds of live ammunition, an additional 11 rounds of live ammunition, GH¢3,000 in cash, a Samsung mobile phone, and an identity card bearing the name Innocent Elemuwa Akachukeu, aged 46. Police also retrieved five spent AK-47 shells and two spent pistol shells from the scene. The body of the deceased has been deposited at the Police Hospital mortuary for preservation, autopsy and identification. The Regional Police Command has taken over investigations, while efforts are ongoing to arrest the fleeing suspect. The Accra Regional Police Command has reaffirmed its commitment to tackling violent crime and urged the public to provide information that may assist in locating the suspect still at large, through the nearest police station or emergency numbers 18555 and 191. Source: Classfmonline
Ministry of the Interior Issues Weather Alert for Greater Accra Region
The Ministry of the Interior has issued a public weather alert, warning residents of the Greater Accra Region about the likelihood of moderate rainfall in the early hours of Monday, July 6. According to a text message sent out to citizens, the forecast predicts moderate rain between 4 AM and 7 AM, with a 40 percent chance of occurrence. The ministry cautioned that low-lying areas are at risk of flooding and strongly advised residents to avoid driving or walking through flooded roads during this period. In addition, the public is urged to stay alert and closely monitor changing weather conditions to ensure their safety. This warning comes as the region continues to grapple with the aftermath of recent flooding incidents. Authorities are reminding the public to prioritize safety as weather patterns remain unpredictable. Flood death toll rises to 34 as nearly 90,000 displaced, NADMO says. Source: Apexnewsgh.com
Ghana Settles US$700 Million Eurobond Ahead of Schedule, Boosting Investor Confidence
The Government of Ghana has made headlines by fully settling a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says demonstrates the country’s commitment to prudent public debt management and macroeconomic stability. According to a statement from the Ministry, the payment, completed on Thursday, July 2, 2026, comprised US$525.2 million in principal repayments and US$174.8 million in interest payments. This latest settlement brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, reflecting the country’s ongoing efforts under its Eurobond Debt Exchange Programme. The Ministry of Finance emphasized that the repayment was carried out through the government’s planned financing arrangements, avoiding any undue pressure on Ghana’s foreign exchange reserves. “The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves,” the Ministry noted. Government officials believe this early repayment will further reduce Ghana’s outstanding external debt burden and strengthen investor confidence as the country continues to advance fiscal and macroeconomic reforms. The Ministry highlighted that meeting the Eurobond obligation ahead of schedule underscores the government’s dedication to maintaining sound public debt management practices and safeguarding macroeconomic stability as Ghana implements its economic recovery programme. This milestone payment comes as Ghana works to restore international investor confidence following the successful completion of its external debt restructuring and the ongoing implementation of reforms under the IMF Policy Coordination Instrument (PCI). The Ministry of Finance reiterated its commitment to sound public financial management, vowing to continue timely servicing of the country’s debt obligations while prioritizing fiscal sustainability. The Ministry also extended its appreciation to Ghanaians for their patience, support, and continued confidence as the government pursues policies aimed at restoring economic stability and rebuilding market trust. Source: Apexnewsgh.com
Attorney-General Lays Tribunal Bill 2026 in Parliament to Revive Public Tribunals
The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has taken a significant step toward reforming Ghana’s justice system by laying the Tribunal Bill 2026 before Parliament. The new bill aims to reintroduce public tribunals, with the goal of strengthening the administration of justice and expanding access to courts across the country. If passed, the Tribunal Bill 2026 will establish a reformed tribunal system to operate alongside the existing traditional courts. The proposed system will have clear constitutional backing, comprehensive oversight structures, and robust safeguards to ensure due process and the protection of human rights. The legislation seeks to bring into effect provisions under Article 126 of the Constitution, which provides for the establishment of tribunals within Ghana’s judicial system—a provision that has largely gone dormant in recent years. Dr. Ayine explained that the reforms are designed to address current gaps in the legal framework, reduce the backlog of cases in the courts, and expand access to justice. Importantly, the new system will also allow for greater citizen participation in the adjudication process. Under the proposed law, a two-tier tribunal structure will be established, comprising Regional and District Tribunals. These tribunals will become part of the judiciary under the supervision of the Judicial Council and a newly established Tribunal Oversight Committee. Regional Tribunals, according to the bill, will have concurrent original jurisdiction with the High Court over selected criminal matters. These include cases involving economic crimes, narcotics offences, tax-related offences, customs violations, and offences concerning the loss of state funds or property. District Tribunals, on the other hand, will share concurrent jurisdiction with Circuit Courts over specific criminal matters, but will exclude offences such as treason, capital offences, and cases triable on indictment. Certain cases are specifically excluded from the tribunal system, including those involving constitutional interpretation under Article 130, human rights violations, and any matters expressly excluded by law. The bill also sets out guiding principles for tribunal operations, emphasizing fairness, transparency, efficiency, independence, and respect for fundamental human rights. Decisions from the tribunals will be subject to appellate review. The proposal outlines detailed governance arrangements, covering the appointment, discipline, retirement, and removal of tribunal members, as well as instituting a code of conduct to guide their work. Dr. Ayine emphasized that these reforms are intended to address longstanding concerns about public tribunals by anchoring the new system in constitutional safeguards and the principles of due process. The Tribunal Bill 2026 has had its first reading in Parliament and has been referred to the Constitutional and Legal Affairs and Judiciary Committees for further consideration. Just last week, the Attorney-General met with the joint committee to deliberate on the key proposals, marking a crucial step in the journey toward tribunal reform. Source: Apexnewsgh.com
Upper East NDC Demands Immediate Repairs to Defective Sumbrugu–Namong Road
The Upper East Regional Communication Bureau of the governing National Democratic Congress (NDC) has called on the Ghana Highway Authority to compel contractors responsible for the reconstruction of the Sumbrungu–Namong Road to immediately rectify what it describes as serious structural defects on the project. According to the party, sections of the approximately 11-kilometre road, which were reportedly completed less than two years ago, have already developed extensive defects, raising concerns over the quality of workmanship, materials used, and compliance with approved engineering standards. The NDC noted that the road project, valued at over GH¢50.8 million, was executed in four separate lots by Gbanzab Co. Ltd, Hajisam Ventures Ltd, Dot Sky Invest., and Salabahs Ent. It argued that the rapid deterioration of the road represents a waste of public resources and a betrayal of the communities expected to benefit from the infrastructure. The party further demanded that the Ghana Highway Authority ensure all four contractors return to their respective sections within two weeks to carry out remedial works at no additional cost to the taxpayer. It also urged the Authority to withhold payments, enforce contractual obligations, and impose appropriate sanctions on any contractor that fails to address the identified defects. The Upper East NDC stressed that quality infrastructure is essential to national development and pledged to continue advocating for accountability, transparency, and value for money in the execution of public projects. The statement was signed by Jonathan Abdallah Salifu, Upper East Regional Communications Officer of the governing National Democratic Congress (NDC). Read the full release below: Source: Apexnewsgh.com
Over 100 Buildings Collapse as Floods Displace Nearly 1,900 in Samreboi – NADMO
The Wassa Amenfi Municipal Directorate of the National Disaster Management Organisation (NADMO) has disclosed that approximately 100 buildings have completely collapsed in Samreboi following devastating recent floods, with an additional 20 structures partially destroyed. The aftermath has left large sections of the community unsafe for habitation as recovery and relief efforts continue. According to the Deputy Municipal NADMO Director, Christopher Bevel, nearly 1,900 residents have been affected and remain displaced as a result of the disaster. “We have about 100 buildings that are totally collapsed with 20 partially collapsed. For the population which was affected by the flood, it is about 1,900 for now. Although the floodwaters have receded, the houses are currently not safe for habitation,” The flooding was triggered by heavy rainfall, which caused the Samre and Tano rivers to overflow their banks. The resulting deluge swept through Samreboi, leading to widespread destruction of property and displacement of residents. While the water levels have since dropped, NADMO has cautioned that the structural damage and potential contamination mean that it is still unsafe for people to return to their homes. Authorities continue to assess the full extent of the damage and coordinate relief for those displaced, as the community works to recover from one of the worst flooding incidents in its history. Source: Apexnewsgh.com
Supreme Court Dismisses All Suits Over Removal of Former Chief Justice Torkornoo
The Supreme Court has unanimously dismissed all four suits challenging the constitutional process that led to the removal of former Chief Justice Gertrude Araba Esaaba Sackey Torkornoo, bringing to an end month of legal battles over one of Ghana’s most closely watched judicial controversies. On Thursday, July 2, a seven-member panel of the highest court delivered its verdict, upholding the legality of the proceedings that culminated in Justice Torkornoo’s ousting from office. The court’s decision marks a definitive conclusion to a heated national debate and affirms the procedures followed in the removal process. The four separate legal challenges came from various parties, including the former Chief Justice herself, Old Tafo MP Vincent Ekow Assafuah, the Centre for Citizenship, Constitutional and Electoral Systems, and Theodore Kofi Atta Quartey. Each sought constitutional interpretations regarding the suspension and removal of a Chief Justice, arguing that due process had not been observed and that certain aspects of the removal procedure violated the 1992 Constitution. Justice Torkornoo was removed following a suspension by President John Dramani Mahama, after which a committee of inquiry was established under Article 146 of the Constitution to investigate petitions filed against her. The process triggered spirited public debate, with legal experts, civil society groups, and political parties expressing divergent views about its implications for judicial independence and constitutional governance. With the Supreme Court’s ruling, all domestic legal challenges to Justice Torkornoo’s removal have now been dismissed. This decision follows closely on the heels of a similar outcome at the ECOWAS Community Court of Justice, which also rejected Justice Torkornoo’s claims that her rights had been violated during the suspension and removal process, further bolstering the state’s legal position. Legal observers are now awaiting the Supreme Court’s full judgment, which is expected to provide comprehensive reasoning behind the ruling and set an important precedent for future cases involving the removal of high constitutional officeholders in Ghana. Source: Apexnewsgh.com
Do We Really Care About Persons with Mental Health Disorders During Flood Disasters?
The Editor-in-Chief of Apexnewsgh, Mr. Ngamegbulam Chidozie Stephen, who also serves as a member of the Mental Health Alliance in the Upper East Region, has raised critical questions about the government’s efforts to protect persons with mental health disorders during disasters. His concerns come in the wake of the recent devastating flooding in Accra, which displaced more than 30,000 households and claimed at least a dozen lives. Reflecting on the tragedy, Mr. Ngamegbulam shared his thoughts: “I have been thinking about this since the unbearable flooding incident in Accra recently. It appears we are actually not concerned about persons with mental disorders. I’m talking about those roaming the streets, those who sleep anywhere they find or wherever they feel comfortable. Some of these people even have children with them, children who, in many cases, were born from circumstances we may never fully understand, yet we see them every day.” He questioned whether society ever truly considers the survival of such vulnerable individuals, particularly during disasters. “While we’re counting submerged cars, over a thousand, we hear, and tallying up the lives lost or disrupted, do we pause to consider those in our midst with severe mental health conditions? Those who may not even comprehend what’s happening around them, who might be asleep in a corner when the floods come, with no one to call for help, no voice to shout their name?” Mr. Ngamegbulam pointed to the lack of attention given to the mentally ill in disaster response efforts. “These people are among the most vulnerable. Who checks on them after a disaster? Who ensures they are safe, alive, or accounted for among the victims? The number of deaths we record, do we ever know if some of those lost were people with mental health disorders, people whose families may not even be able to identify or claim them? These are questions that demand answers.” Drawing parallels to the Ebola crisis, he highlighted a recurring pattern of neglect: “We made a similar oversight during the Ebola crisis. While everyone was rushing for vaccines and taking measures to protect themselves, who paused to think about the predicament of our brothers and sisters with mental health issues? It seems, too often, we only care about ourselves, the so-called ‘right-thinking’ or ‘normal’ people. Those who find themselves living with mental disorders are overlooked, left out of our planning and response in times of crisis.” Mr. Ngamegbulam emphasized that the challenges of a city like Accra make survival difficult even for the healthy. “Accra is a choked city, and this last flood proved how challenging it is for anyone to survive such disasters, even those of us who are healthy. How much harder, then, is it for those with mental health challenges, who may not understand the danger or know how to seek safety?” He called for a more inclusive approach to disaster response: “In times of challenges like flooding or other disasters, we must find a way to consider and actively save our brothers and sisters who are living with mental health issues. They did not choose their condition, circumstances led them there. We must include them in our emergency plans and activities, not avoid or ignore them because of their situation. This is a shared responsibility, and it is time we act on it.” Source: Apexnewsgh.com
Ministry of Finance Releases GH¢350 Million for Emergency Flood Relief and Mitigation
In the wake of devastating floods that swept through several regions of Ghana, most severely impacting the Greater Accra Region, the Ministry of Finance has disbursed GH¢350 million from the Contingency Fund to bolster emergency relief and flood mitigation efforts. This significant release of funds, following a directive from President John Dramani Mahama, is aimed at providing immediate assistance to flood victims and laying the groundwork for long-term solutions to Ghana’s persistent flooding crisis. Minister for Finance, Dr. Cassiel Ato Forson, was tasked with swiftly mobilizing resources, resulting in the transfer of funds into a dedicated National Disaster Management Committee account at the Bank of Ghana. The government’s National Emergency Flood Response Programme will channel GH¢200 million toward humanitarian assistance for those affected, supporting families forced from their homes and businesses devastated by the floods. The remaining GH¢150 million is earmarked for critical flood mitigation projects aimed at protecting vulnerable communities and reducing future risks. The recent disaster, caused by hours of unrelenting rainfall from Sunday into Monday, left communities across Accra and beyond submerged. Homes, businesses, roads, and vital infrastructure suffered extensive damage. Markets and commercial centers faced heavy losses as traders saw their goods and equipment destroyed. The floods killed dozens, stranded hundreds of commuters, and forced many families into temporary shelters. Major roads became impassable when drains overflowed, and low-lying neighborhoods experienced severe inundation. Emergency responders, from the National Disaster Management Organisation (NADMO), Ghana National Fire Service, Ghana Police Service, and the Armed Forces, were quickly deployed to rescue trapped residents and restore a sense of normalcy. Government officials say the intervention underscores their commitment to delivering swift humanitarian support while investing in long-term flood prevention. With the dedicated funds now in place, authorities hope to bring much-needed relief to affected communities and begin work on measures to prevent such disasters in the future. Source: Apexnewsgh.com