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Telecel celebrates International Women’s week with a series of empowering events

Telecel Ghana is celebrating International Women’s Week with a vibrant line up of activities under the derivative theme ‘Accelerate HER.’

The week-long celebration, which runs from March 3 to 8, is aimed at empowering women, challenging gender biases, and advancing inclusivity.

In line with International Women’s Day 2025 celebration under the global theme – Accelerate Action, the telecommunications giant has outlined a number of internal and external activities to amplify women’s voices, invest in their future, and challenge gender stereotypes.

In a message to launch International Women’s Week, chief executive of Telecel Ghana, Ing. Patricia Obo-Nai highlighted the importance of taking bold steps to elevate and empower women, noting that progress toward gender equality remains slow globally.

“At Telecel Ghana, we don’t just talk about change, we drive it. This International Women’s Week, we are taking concrete steps to ensure that women receive increased support and the push they need to succeed. Accelerating HER is everyone’s responsibility.”

The celebration kicks off with Wear Purple Day, where employees will wear purple attire to symbolise solidarity with women’s empowerment.

The #SheElevatesMe campaign will be rolled out to encourage staff to share posts appreciating the inspiring women in their lives.

A wealth building and financial planning webinar will be organised for Ladies in Telecel to provide valuable insights on achieving financial independence and equipping women with economic strategies to secure their futures.

Telecel Ghana will organise the “Accelerate HER Future” Mentorship initiative at the Kanda Cluster of Schools, where female employees will inspire young girls to pursue careers in Science, Technology, Engineering, Arts and Mathematics (STEAM). Additionally, the ‘Buy A Math Set for HER’ campaign is crowdfunding donations to provide essential math tools for girls, ensuring they have the resources for academic
studies.

The telco will also host a night of engaging conversation over drinks focused on strategies for women to accelerate their personal and professional growth.

This will be preceded by a ‘Boss Lady Headshot Shoot’, offering female employees the chance to enhance their professional profiles with high-quality headshots.

The climax of the International Women’s Week will be the second edition of the Women 100 Power Connect, a gathering of accomplished and influential women from all sectors of our country to share experiences, inspire one another, exchange ideas and discover areas for collaboration.

“This month is about more than celebration; it’s about concrete action. We are committed to creating opportunities for women to thrive, both within Telecel Ghana and in the communities we serve.

The ‘Accelerate HER’ theme reflects our belief that empowering women is essential for building a stronger, more inclusive and equitable world,” said Daniel Adanu, acting Human Resources Director of Telecel Ghana.

Telecel Ghana hopes the Accelerate HER campaign for International Women’s Week will empower more women, challenge biases, and create opportunities for growth to drive gender equity

Gold-for-Oil was never the solution to fuel price stability – COPEC

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has commended the Governor of the Bank of Ghana, Dr. Johnson Asiama, for suspending the Gold-for-Oil programme.

His comments follow the Bank of Ghana’s announcement on the suspension of The Gold For Oil Programme due to financial losses and operational challenges on  March 3, 2025.

According to Duncan Amoah, the programme, which was designed to reduce Ghana’s reliance on foreign exchange for fuel imports and stabilize domestic fuel prices, was neither sustainable nor a viable solution to addressing fuel price fluctuations.

In an interview on Eyewitness News on Citi FM,  he stated that he was neither surprised nor shocked by the decision, adding that the suspension had been long overdue but was likely delayed due to administrative considerations.

“It is not shocking or surprising. If anything, the suspension came a bit late, but we understand that certain administrative processes had to be followed,” he remarked.

The Executive Secretary of COPEC further urged the government not to introduce another similar initiative in an attempt to control fuel prices. Instead, he called for a focus on revamping Ghana’s refinery to reduce the country’s reliance on petroleum imports.

“The Gold-for-Oil programme was never going to be the solution to Ghana’s fuel price fluctuations. It was unsustainable and unsafe. Kudos to the new governor for suspending it, but I hope they don’t introduce another scheme. The real solution is to fix our refineries. That way, Ghanaians can rest assured that we are refining our petroleum products instead of relying on imports.”

He also noted that rather than using Ghana’s gold reserves for oil procurement, the government should have prioritized strengthening the country’s currency through strategic economic measures.

Govt to cushion SMEs in plastic waste management with $7m grant

The government is set to provide $7 million in grants to eight plastic recycling companies across the country to support the growth of their businesses.

The Ministry of Environment, Science, and Technology noted that the companies, including Universal Plastic Products and Recycling Ghana (UPPR) Limited under the Jospong Group of Companies, will use the funds to enhance their capacity to collect, recycle, and reuse plastic waste.

During a recent tour of some recycling companies in Accra to assess their preparedness for the funding, sector Minister Murtala Mohammed underscored the importance of increasing support for businesses within the circular economy.

“We are looking forward to expanding this grant assistance to more entities with the expertise to manage plastic waste. If we are only able to recycle 10%, what happens to the remaining 90%? They contribute to the environmental degradation and hazards we face,” he said.

He also mentioned that a decision will be made after visiting several facilities. Murtala Mohammed called on the beneficiary companies to create job opportunities once they receive the funding.

On Monday, March 3, 2025 the Minister visited four plastic waste recycling facilities, including UPPR, Integrated Recycling and Compost Plant Limited (IRECOP), Green Africa Youth Organisation (GAYO) Maternal Recovery Facility, and Nelplast Ghana Limited.

The funding for these businesses is part of the government’s project, aimed at establishing a circular economy framework for the plastic sector in Ghana.

Castel Group to acquire 80.4% stake in Guinness Ghana Breweries PLC

Castel Group has reached an agreement to acquire an 80.4% shareholding in Guinness Ghana Breweries PLC from Diageo Holdings Netherlands B.V.

The transaction, valued at GHȼ 5.15 per share, was formalized through a share purchase agreement signed on January 28, 2025.

The deal is contingent upon regulatory approval from the ECOWAS Regional Competition Authority (ERCA).

Castel Group also plans to adhere to the requirements outlined in Ghana’s Securities and Exchange Commission’s Code on Takeovers and Mergers.

In line with regulatory provisions, a mandatory takeover offer for the remaining shares could follow upon completion of the acquisition and receipt of necessary approvals.

Castel Group, a major player in the global beverages industry, has an existing partnership with Diageo in 11 other African markets.

The company has expressed its commitment to fostering the growth of Guinness Ghana Breweries PLC following the acquisition.

GRA can meet GH₵200bn revenue target – Anthony Sarpong

Acting Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has defended the ambitious GH₵200 billion revenue target set for 2025, insisting it is achievable with the right strategies.

Despite skepticism from some quarters, Sarpong remains confident that the target can be met through enhanced tax measures and improved compliance.

He pointed to underperforming tax areas, particularly VAT, as key opportunities for revenue growth.

“Indeed, it looks insurmountable on the face of it. But I believe that with determination, the right strategies, and teamwork, we will be able to meet this challenge. And I say so on the grounds that, as I’ve already mentioned, there are several areas where our tax handles are not performing.

“Indeed, the minister did mention the performance of VAT, which contributes about 17% of our domestic tax composition compared to our peers that are running around 50%. Therefore, if we focus on VAT, we should be able to close some of the gap.”

Trump pauses US military aid to Ukraine

President Donald Trump directed his administration to “pause” military aid to Ukraine after the contentious Oval Office meeting with Ukrainian President Volodymyr Zelenskyy on Feb. 28, two White House officials told ABC News.
A White House official said Trump has been clear that he is focused on peace and added, “We need our partners to be committed to that goal as well. We are pausing and reviewing our aid to ensure that it is contributing to a solution.”


The move came hours after Trump told ABC News that Zelenskyy needed to be “more appreciative.”
Senior Politics Correspondent Rachel Scott asked Trump on Tuesday: “What do you need to see from President Zelenskyy to restart these negotiations?”
“Well, I just think he should be more appreciative because this country has stuck with them through thick and thin,” the president responded.
It’s difficult to know exactly how the pause could impact the flow of previously granted aid.
In the last few months of former President Joe Biden’s administration, it announced four Presidential Drawdown Authority packages to Ukraine.


The packages totaled $3 billion in weapons from the Pentagon’s inventory, and they were meant to be provided to Ukraine as quickly as possible following the announcements in December and January.
About 90% of arms committed to Ukraine by past PDA packages have already been delivered to the country, according to two U.S. officials familiar with the matter.
That includes the vast majority of critical munitions and anti-armor systems, they say, adding that most of the what’s left to go through the pipeline are armored vehicles that take longer to refurbish, with all PDA equipment previously on track for delivery by August 2025.
However, a steady flow of arms is still set to move from the U.S. to Ukraine for at least the next several years due contracts Kyiv signed with private American companies for newly produced weapons. Many if not most of those contracts have been paid.


The Trump administration could still attempt to disrupt those shipments through the use of emergency authorities, but there’s no indication it is trying to do that at present.
Additionally, there is still a chance for negotiations to resume between the U.S. and Ukraine, as Vice President JD Vance implied during an appearance on Fox News’ “Hannity” on Monday.
Vance was asked if the administration would welcome Zelenskyy back if he were willing to come back to the negotiating table. Vance said yes — if Zelenskyy were willing to “engage seriously.”
“I think that if he called and had a serious proposal for how he was going to engage in the process — look, there are details that really matter, that we’re already working on with the Russians,” Vance said.
“He needs to engage seriously on the details,” he added, though it was unclear if he was strictly referring to the raw minerals deal that the U.S. is pursuing with Ukraine, land concessions or other details that may be impacting negotiations.


“I think once that happens, then absolutely, we want to talk,” the vice president said.
Also in dispute is the amount of aid that the U.S. has already given Ukraine. Trump has repeatedly claimed, inaccurately, that the United States has spent some $350 billion toward Ukraine, while other sources put the figure well under $200 billion, including bilateral aid.

Korle-Bu Teaching Hospital cautions against theft of medical equipment

Dr Frank Owusu Sekyere, the Acting Chief Executive Officer of the Korle Bu Teaching Hospital (KBTH), has issued a stern warning against the theft of critical medical equipment at the facility.
He said the hospital had been grappling with incidents where thieves cut and steal copper pipes that supplied oxygen to patients in the various wards.
Dr Sekyere revealed this during a media tour and inspection of ongoing construction works at the hospital on Monday.

He said the act was a “life-threatening phenomenon” that undermined healthcare delivery in the hospital.
“…People cut part of the copper pipes, so imagine a patient is on oxygen, and all of a sudden it stops because somebody has gone to cut it,” Dr Sekyere said.
He noted that hospital authorities apprehended some individuals attempting to steal cables from the facility premises over the weekend, saying; “The case has been reported to the Korle-Bu Police Station for further investigation and possible prosecution.
The Acting CEO expressed concern over the financial burden these thefts placed on the hospital’s resources.

“The current replacement of stolen copper pipes is costing the institution approximately GH?400,000, even though perpetrators might sell these materials for as little as GH?50 as scrap,” Dr Sekyere said.
He noted that hospital authorities apprehended some individuals attempting to steal cables from the facility premises over the weekend, saying; “The case has been reported to the Korle-Bu Police Station for further investigation and possible prosecution.
The Acting CEO expressed concern over the financial burden these thefts placed on the hospital’s resources.

“The current replacement of stolen copper pipes is costing the institution approximately GH?400,000, even though perpetrators might sell these materials for as little as GH?50 as scrap,” Dr Sekyere said.
“It is ridiculously expensive trying to fix these copper pipes. Somebody takes a chunk of it for scrap, and we are paying through our noses just to have that one fixed.”
He said management had intensified surveillance measures and was in the advanced stages of procuring the services of private security to complement the institution’s internal security personnel.
The facility has also installed CCTV cameras, although the Acting CEO acknowledged limitations in current monitoring capabilities.
“We have had to resort to CCTV, but these are not monitored in real-time. So, if something happens, you probably may have an idea as to who might have done it. But then the harm has been caused already,” he added.
In his caution to the public, particularly scrap dealers, the Acting CEO appealed for vigilance and reporting of suspicious persons attempting to sell hospital equipment.

He emphasized the potentially devastating impact of such thefts on patient care.
Dr Sekyere noted that despite the challenges Korle-Bu had an oxygen plant with the needed capacity to serve patients.
“Oxygen, of course, may have its own challenges every now and then but with the services and the maintenance of it, we should be able to put to rest the issue of oxygen,” he added.
The team toured the renovation site of the Maternity Block, Ward E, the Orthopedic Ward (Ward H), the Oxygen Plant, and the KBTH perimeter Wall under construction to enhance security.

Attorney-General confirms he ordered arrest of former PPA Board Chairman

The Attorney-General and Minister of Justice, Dr. Dominic Ayine, has confirmed that he authorized the arrest of former Board Chairman of the Public Procurement Authority (PPA), Prof. Christopher Ekumfi Ameyaw.


Prof. Ameyaw was apprehended by the National Intelligence Bureau (NIB) on the morning of Sunday, March 2, 2025, in connection with an ongoing investigation into financial transactions during his tenure as Board Chairman of the Ghana Infrastructure Investment Fund (GIIF). However, he was released later that evening.
Speaking in an interview with GhanaWeb TV, Dr. Ayine revealed that the former chairman was questioned regarding payments made under his leadership.
He further disclosed that Prof. Ameyaw admitted that a sum of “two million dollars” was paid for certain works, yet no work was actually done.
“We are still investigating the circumstances of the payment and those who were involved,” the Attorney-General stated.


Meanwhile, lawyers for Prof. Christopher Ekumfi Ameyaw have strongly defended their client, asserting his innocence following the arrest.
“We the lawyers absolutely are confident that Professor Ameyaw Ekumfi is innocent of whatever they raised against him,” Kenneth Korankye, one of Prof. Ameyaw’s lawyers, said.
The lawyer added, “Let them bring all the facts that they have, once they bring all the facts we shall answer them as counsels of Professor Ameyaw Ekumfi.”
He further emphasized, “I believe that our client is absolutely innocent of any charges, that’s what I can say, let them do their homework, let them do it well and then when they come we shall also have our side of the story.”

Govt renews curfew in Bawku, enforces ban on offensive weapons

The Minister for Interior, Mohammed Mubarak Muntaka, has renewed the curfew imposed on the Bawku Municipality and its surrounding areas following recommendations from the Upper East Regional Security Council. The renewed curfew takes effect from Monday, March 3, 2025.

The curfew hours remain from 8:00 p.m. to 5:00 a.m. and will be subject to review or renewal after a week.

Additionally, the minister reiterated the ban on carrying offensive weapons, arms, or ammunition within the affected areas, warning that anyone found in violation will be arrested and prosecuted.

Bawku has been under curfew since November 2021 due to ongoing chieftaincy conflicts that have resulted in numerous casualties.

BoG Governor: 2025 budget to tackle food inflation

Governor of the Bank of Ghana, Dr. Johnson Asiama, has indicated that the upcoming 2025 budget will introduce measures aimed at addressing food inflation, a major contributor to overall inflation.

With rising food prices driving up household expenses and business costs, the central bank views targeted fiscal interventions as essential for stabilizing prices and ensuring macroeconomic stability.

Speaking on inflationary trends in an interview with Bloomberg, Dr. Asiama acknowledged that the latest inflation reading was higher than expected, primarily due to food price pressures. He emphasized that these pressures are structural and require policy action.

“Last reading came in a little higher but we think that going forward if you look at the causes of the inflationary pressures, it was mainly from food inflation. It was mainly structural in nature and so therefore the coming budget statement which is about to be presented should be presenting a number of measures that can contain food inflation. If that is done, I am sure we will see a return to the disinflation path,” he stated.

Dr. Asiama also revealed that the Bank of Ghana’s Monetary Policy Committee (MPC) will meet next month to reassess economic conditions and determine an appropriate policy response.

“We plan to hold the next monetary policy meeting next month where we will reassess the conditions and take an appropriate decision. Therefore, once we have an appropriate monetary policy stance in place and then also food price inflation is well controlled, we will begin to see inflation trending back to its target path,” he added.

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