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Inflation for February eases marginally to 23.1% on falling food prices

Inflation rate eased marginally in February to 23.1%, down from 23.5% recorded in January 2025

This marks the second consecutive decline this year. It was driven by a decline in food prices, according to the Ghana Statistical Service.

The drop was as a result of a reduction in food inflation, which stood at 28.1%, while non-food inflation remained at 18.8%.

From a regional perspective, the Upper West Region recorded the highest inflation rate at 35.5%, while the Volta Region posted the lowest at 18.1%.

“In the last four months, you’ve seen consistent decline in food inflation on a month-on-month basis, declining by 2.0 percentage points between November 2024 and February 2025”, Government Statistician, Prof. Samuel Kobina Anim said.

With inflation on a downward trend, analysts suggest the development could influence a potential policy rate cut by the Bank of Ghana, as it seeks to balance economic growth with price stability.

You’ll be in opposition for a very long time – Majority to Minority

The Majority in Parliament says the Minority caucus will remain in opposition for a long time, citing the perceived poor performance of the Akufo-Addo government.

The caucus argues that the economic challenges inherited from the previous government are still a concern for Ghanaians, and questions the Minority’s criticism of the current government, which has been in office for two months.

During a debate on President Mahama’s State of the Nation Address, Deputy Majority Leader Kweku Ricketts-Hagan criticised the Akufo-Addo government’s borrowing practices, which he believes contributed to economic hardship.

“From President Nana Akufo-Addo on his state of the nation, the last one was quite laughable that we should make sure we don’t default. A president who has presided over overborrowing, who has unilaterally decided not to pay its debts from 2022, who was not paying any interest, was telling us, was telling president Mahama that he should not default.

“You have found your voices early and you have to take your time. Ghanaians have not forgotten. You will be in opposition for a very long time,” he said.

Six takeaways from Trump’s big speech

US President Donald Trump has addressed a raucous joint session of the US Congress for the first time since he returned to power in January, declaring: “America is back.”

He outlined his vision for his second term, as Republicans applauded a high-octane first six weeks that has reshaped domestic and foreign policy.

Trump was heckled by Democrats and he goaded them in turn during the rowdy primetime speech, which was themed the “renewal of the American Dream”.

In his first six weeks in the White House, the Republican president has moved to slash the federal workforce and crack down on immigration, while imposing tariffs on America’s biggest trading partners and shaking up the trans-atlantic alliance over the war in Ukraine.

Here are six takeaways from his speech.

‘Thank you, Elon’

Trump name-checked his billionaire adviser Elon Musk, who was watching from the gallery, early in his speech.

The tech mogul’s Department of Government Efficiency taskforce has moved to fire tens of thousands of federal workers, cut billions of dollars in foreign aid and slash programmes across the US government.

The SpaceX and Tesla boss stood and acknowledged the cheers from the crowd.

“Thank you, Elon,” Trump said. “He’s working very hard. He didn’t need this.”

“Everybody here, even this side, appreciates it, I believe,” Trump said, referring to Democrats. “They just don’t want to admit that.”

Trump went on to list some examples of wasteful spending he said had been eliminated by Musk’s cost-cutting initiative, drawing laughter from Republicans.

“Eight million dollars to promote LGBTQI+ in the African nation of Lesotho, which nobody has ever heard of”, Trump said.

Democratic lawmakers held up signs saying “Musk steals” and “false”.

Doge claims to have saved $105bn already but that figure can’t be indepedently verified. Receipts have been published for $18.6bn worth of savings but accounting errors have been reported by US media outlets which have analysed the figures.

An ‘important letter’ from Zelensky

Trump said he had received an “important letter” from Ukraine’s leader earlier in the day, which appeared to match what Volodymyr Zelensky posted publicly on social media.

Ukraine’s president had said he was now ready to work under Donald Trump’s “strong leadership” to end the war and “come to the negotiating table as soon as possible to bring lasting peace closer”.

“I appreciate that he sent this letter,” Trump told lawmakers.

Zelensky offered the olive branch a day after Trump paused all military aid to the beleaguered US ally.

It following an acrimonious Oval Office meeting last week when the two leaders argued in front of TV cameras, before cancelling plans to sign a minerals deal that would allow the US to profit from an economic partnership involving Ukraine’s resources.

Trump was reportedly hoping to announce during his speech to Congress that the deal had been signed. But it did not materialise.

Democrats heckle the president

Democrats began disrupting the proceedings even before Trump took to the podium. As he entered the chamber, Congresswoman Melanie Stansbury of New Mexico held up a sign saying: “This is not normal.” It was ripped out of her hands by a Republican colleague.

And then, within the first five minutes of the address, Al Green of Texas was escorted out of the chamber by the sergeant-at-arms after refusing to comply with the House Speaker’s demands that he stop heckling the president and take his seat.

As Trump spoke, other Democrats held up signs saying “False” and “This is a lie”.

With Republicans in control of the White House, House of Representatives and Senate, Democrats have been largely leaderless as they work to hone their message and counter the blitz of activity from the Trump administration.

Many Democratic women arrived in the House chamber wearing pink pantsuits in protest. Dozens from their party – some of them wearing the words “Resist” printed on the backs of their shirts – turned away from the president and exited the chamber during his speech.

“I look at the Democrats in front of me, and I realise there is absolutely nothing I can say to make them happy or to make them stand or smile or applaud,” Trump said, appearing to revel in the partisan rancour.

Democratic leadership chose Elissa Slotkin of Michigan – a first-term senator elected in a battleground state that Trump won in November – to deliver the party’s official response.

Biden blamed for egg prices

The soaring cost of eggs has been headline news in recent weeks, and Trump – who had pledged to voters that he would beat inflation on his return to office – made clear who he felt was responsible.

“As you know, we inherited, from the last administration, an economic catastrophe and an inflation nightmare,” Trump said.

“Joe Biden especially let the price of eggs get out of control – and we are working hard to get it back down,” he added.

Egg prices soared under Biden as his administration directed millions of egg-laying birds to be culled last year amid a bird flu outbreak, though prices have continued rising in Trump’s fledging presidency.

Inflation was slightly elevated at 3% last month, but way down from its peak of 9.1% in 2022.

Cost of living remains a political thorn in Trump’s side, with only one in three Americans approving of his handling of the issue, according to a Reuters/Ipsos survey on Tuesday.

Trade war will cause ‘a little disturbance’

Following a second day of market turbulence, Trump played down the potential economic fallout from a trade war he ignited this week, including 25% tariffs on Mexico and Canada, and an additional 10% on Chinese imports.

But in contrast with the ovations that greeted his other policy objectives, many Republicans remained seated, a sign of how Trump’s import taxes have divided his party.

“Tariffs are about making America rich again and making America great again,” he said.

“And it’s happening. And it will happen rather quickly. There’ll be a little disturbance, but we’re okay with that. It won’t be much.”

Trump also took aim at the EU and countries including Brazil, India and South Korea over what he called “unfair” practices.

He added that reciprocal tariffs tailored to US trading partners would “kick in” on April 2.

Earlier in the day, US Commerce Secretary Howard Lutnick said that Trump could announce a trade deal with Mexico and Canada as soon as Wednesday.

“I think he’s going to work something out with them,” Lutnick said on Fox Business.

A child’s dream comes true

In one of the most viral moments of the night, Trump offered a surprise to a child diagnosed with brain cancer whom the president said aspired to become a policeman.

The boy, 13-year-old DJ Daniel, was held up by his father as Republicans and attendees in the House gallery chanted “DJ.”

Trump announced DJ would be sworn in by his new Secret Service director as a member of the force.

A stunned DJ then received a Secret Service badge from the agency’s director Sean Curran, one of the agents who rushed onto stage to protect Trump during the attempt on his life in Butler, Pennsylvania in July.

Trump tells Congress he ‘appreciates’ Zelensky’s message on Ukraine peace

Donald Trump says Ukraine is ready to begin peace negotiations “as soon as possible”, with strong signals Russia is also ready for a deal.

During an address to Congress, the US president read aloud a letter he said he’d received from Ukraine’s President Volodymyr Zelensky, which was similar to a message posted on X earlier in the day.

“I appreciate that he sent this letter,” Trump said.

The tone offered a hint of a possible cooling of the acrimony between the two leaders, our North America correspondent Anthony Zurcher writes.

Meanwhile, the UK defense secretary is flying to Washington for a meeting with his US counterpart on Thursday – Ukraine is expected to be top of the agenda.

Taxi driver slashes son’s feet for skipping school to visit beach

An 11-year-old boy had the soles of his feet slashed with a knife by his father, Gershon Alaglo, a taxi driver and commercial motor rider, for abandoning school to visit the beach.

The incident, which occurred on Friday, February 28, 2025, at Viepe in the Ketu South District of the Volta Region, left the boy bedridden and receiving home treatment.

According to Deborah Ankrah, the victim’s mother, the boy was given money by his father to attend school but instead went to the beach.

Speaking to the Ghana News Agency (GNA), she explained that when the victim returned home from the beach, his father slashed the underside of his feet with a knife, rendering him unable to walk.

She added that at the time of the incident, she was in Accra. Upon hearing the news, she rushed to Viepe, only to find her son bedridden and in distress.

When GNA contacted the father, Alaglo, he admitted to the act, stating that he overreacted out of anger.

According to him, his son’s truancy had become a recurring issue. He explained that the boy left home on Thursday morning for school but instead skipped classes and went to the beach to swim, returning home at around 4:00 a.m. on Friday.

Alaglo further stated that after punishing his son for about an hour, he used a kitchen knife to cut the underside of his foot as a warning to prevent future misbehaviour.

He added that he later took the boy to a health centre for treatment before the mother transported him to Accra.

The incident has sparked outrage in the community, with many residents condemning the act as child abuse and calling for justice. Some have demanded the arrest of the taxi driver.

Meanwhile, the Aflao Police Command has confirmed the incident and is expected to take further action.

Kyei-Mensah-Bonsu: I stepped down to prevent division in NPP

Former Majority Leader and Suame MP, Osei Kyei-Mensah-Bonsu, has shed light on the internal politics within the New Patriotic Party (NPP) that led to his removal, paving the way for Alexander Afenyo-Markin to assume the role.

Speaking in an interview on Asempa FM on Tuesday, March 4, Kyei-Mensah-Bonsu disclosed that he had been warned in advance about the president’s intentions to remove him as the majority leader.

“Some of my colleagues, about 80 MPs informed me ahead of time that the president wanted me out. Many MPs encouraged me to fight back, assuring me of their support,” he revealed.

However, he chose to step down to avoid deepening divisions within the party. “I didn’t want to be the eye of any storm in the party. I felt I had had enough so I decided to resign and I said it there and then.”

Narrating the incident, he recalled an emergency meeting convened by President Akufo-Addo before the elections, at a time when John Dramani Mahama had yet to announce his running mate.

According to Kyei-Mensah-Bonsu, the president was concerned about the NPP’s declining influence in the Central Region and the need for a leader who could strengthen their position.

“The president argued that the NDC was gaining ground in the Central Region, especially with Naana Opoku-Agyemang likely to be Mahama’s running mate and Ato Forson taking up the Minority Leader position,” he stated.

Akufo-Addo, he claimed, saw Afenyo-Markin, who hails from the Central Region, as a more strategic choice to counter the NDC’s growing influence.

“Most MPs disagreed with this reasoning, but I saw where things were headed. Rather than make things more complicated, I stepped aside,” he added.

No new taxes in upcoming budget – Thomas Ampem

Deputy Finance Minister-designate, Thomas Nyarko Ampem, has assured that the government will not introduce new taxes in the upcoming budget, despite concerns raised by the Minority.

The Minority had claimed that the government plans to impose new taxes to generate about 200 billion cedis this year.

However, Nyarko Ampem dismissed these concerns, stating that the government’s focus will be on improving tax compliance and expanding the tax base, rather than introducing additional levies.

“The Finance Minister has said this many times—we do not need to introduce new taxes to rake in more revenue. We are going to broaden the tax base. We are actually going to enhance compliance. And you will hear a lot of this in the budget when it is presented. And you’ll see.”

He also highlighted the need for Ghana to maximize its economic rent from industries, given the country’s limited access to international bond markets.

“In fact, he hinted that as a country, we are not taking advantage of the economic rent that we are supposed to generate revenue from through the exploiting of industry… To be honest with you, because we have been denied access to the international bond market, we have to do two things—enhance revenue and also manage expenditure,” he stated.

Nyarko Ampem reiterated that the budget, set to be presented to Parliament on March 11, will focus on strengthening domestic revenue mobilization without burdening citizens with new taxes.

Agenda 111: Three ‘completed’ hospitals need $8m each – Health Ministry

The Ministry of Health says the three Agenda 111 hospitals the New Patriotic Party Minority claims to be completed is 95 per cent complete.

The NPP had said that the Trede, Kokoben, and Ahanta hospitals were fully completed and operational.

But the Ministry in a statement on Tuesday March 4 clarified that the projects remain unfinished, noting that $8.03m was required to complete each.

According to the Ministry, no medical equipment has been installed in the hospitals, and some laboratory facilities are still under construction.

Furthermore, these hospitals have not yet been handed over to the Ghana Health Service for operation, highlighting the gap between the commissioning ceremony and the actual readiness of the facilities.

This expenditure required is expected to cover the installation of necessary medical equipment and the completion of remaining construction work.

“Although Trede, Kokoben, and Ahanta hospitals were commissioned by former President Nana Addo Dankwa Akufo-Addo, the project is still under construction with an overall completion rate of 95%.

No medical equipment has been installed, and some laboratory facilities are still under construction. The hospitals have not been handed over to the Ghana Health Service for operation. The estimated cost to make Trede, Kokoben and Ahantan facilities operational is $8.03 million each.”

No Agenda 111 Hospital fully operational – Health Ministry clarifies

The Ministry of Health has categorically refuted claims by former Minister of Finance, Dr Mohammed Amin Adam, that three hospitals under the Agenda 111 project were successfully completed, equipped, and commissioned before the previous government left office.

Dr Adam at a Press Conference on Monday said that three Agenda 111 hospitals had been completed and that a dedicated funding source of $1.3 billion had been secured to complete all remaining Agenda 111 hospital projects.

The Health Ministry in a statement dated Tuesday March 4, 2025 urged the general public to disregard these claims.

It said that on 3rd March 2025, the Minister for Health visited Trede in the Atwima Kwanwoma Municipality and Kokoben in the Oforikrom Municipality of the Ashanti Region to assess the current state of the Agenda 111 hospitals.

During the visit, it was discovered that essential medical systems and equipment, such as medical gas systems, imaging equipment, mortuary equipment, and more, were missing.

The Ministry highlighted the following key points:
1. The previous government spent $400 million on the Agenda 111 project.
2. None of the 111 district hospitals committed to construction is currently operational.
3. The estimated cost to complete the project now stands at $1.589 billion.
4. Although the Trede, Kokoben, and Ahanta hospitals were commissioned by former President Nana Addo Dankwa Akufo-Addo, the project is still under construction with an overall completion rate of 95%.
5. No medical equipment has been installed, and some laboratory facilities are still under construction.
6. The hospitals have not been handed over to the Ghana Health Service for operation.
7. The estimated cost to make the Trede, Kokoben, and Ahanta facilities operational is $8.03 million each.

The Ministry therefore said that “Per the above stated facts, the Ministry emphasizes that the assertion by the former Finance Minister, Hon. Dr. Amin Adams, that these hospitals were completed and equipped before commissioning, is inaccurate and a calculated attempt to mislead the general public.”

“The Ministry remains committed to ensuring the timely completion and full operationalization of the agenda 111 hospitals to improve healthcare delivery across the country. We appreciate the patience and support of the general public as we work towards achieving this goal.”

Mahama orders reversal of Foreign Affairs Ministry land sales under Akufo-Addo

President John Dramani Mahama has issued a directive to reverse all allocations and sales of land belonging to the Ministry of Foreign Affairs made by the previous government.

This decision aims to preserve the Ministry’s adjoining land at Airport Residential, which had been claimed by seven organisations and individuals as new owners.

Foreign Affairs Minister, Samuel Okudzeto Ablakwa, announced the presidential directive on his Facebook page, expressing his gratitude to President Mahama for his unwavering patriotic and decisive support.

Ablakwa emphasised that under his leadership, no land or property of the Ministry, whether located domestically or internationally, would be sold.

“President Mahama has directed that all allocations and sale of land belonging to the Ministry of Foreign Affairs by the previous government be immediately reversed. Yesterday’s presidential directive will ensure that the Ministry’s adjoining land at Airport Residential which some 7 organisations and individuals claim to be the new owners would now be cancelled and preserved for the people of Ghana,” Ablakwa stated.

He further added, “I am enormously grateful to President Mahama for his unwavering patriotic and decisive presidential backing. Under my watch as Foreign Minister, no land or property of the Ministry, located either home or abroad would be sold. No more State Capture! For God and Country. Ghana First.”

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