Rune Skinnebach Assumes Office as New European Union Ambassador to Ghana

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September 24, 2025

Jibran Qureishi, Head of Africa Research at Standard Bank, has described the Bank of Ghana’s policy of redirecting foreign exchange inflows from the mining sector back to commercial banks as a bold but pragmatic policy shift.

The move, which took effect on September 1, 2025 reverses a 2022 decision that routed mining receipts directly to the central bank.

Under the new framework, mining companies must channel their U.S. dollar earnings through one designated commercial bank, instead of spreading transactions across multiple banks.

Policymakers say the change is designed to deepen market participation, improve FX liquidity and reduce volatility in the cedi.

Explaining the rationale, the BoG noted that the 2022 centralisation of flows had been triggered by sharp exchange rate pressures when banks competed aggressively for inflows.

The new rule seeks to strike a balance between stability and market depth.

Commenting on the decision, Jibran Qureishi said, “Redirecting mining flows back to the market is a bold but pragmatic step that could help improve FX liquidity in Ghana.

However, this measure is currently on a three-month trial basis and if excess volatility emerges, the BoG may revert to the old framework.

What’s encouraging is that the broader market remains short on USD/GHS, which could still support the cedi in the near term.

The policy shift coincides with a period of steady macroeconomic improvement. Inflation has eased for the eighth consecutive month, falling to 11.5% in August from 12.1% in July, well below the average of 20.4% in the first half of 2025.

Food inflation contracted by 1.3% month-on-month in August while non-food inflation also dropped to 8.7% year-on-year.

Mr. Qureishi added that the disinflationary trend could create space for further rate cuts:

“We still anticipate headline inflation to fall to between 7.4% and 7.8% by December 2025. This disinflationary path should provide the Monetary Policy Committee room to cut rates further, potentially reducing the Monetary Policy Rate by 500 to 700 basis points before the end of the year.”

Meanwhile, the Ministry of Finance is preparing to resume new primary cedi bond issuances in the fourth quarter as it reviews proposals from market players.

Together, these reforms signal Ghana’s ongoing efforts to stabilize the economy, restore investor confidence, and reinforce market-driven mechanisms for growth.

GNA

Let Innovation Replace the Thesis -VODEC Africa Founder Proposes

By

BERNICE BESSEY

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September 24, 2025

In a powerful call for systemic transformation, Daniel Asomani, Founder of VODEC Africa, proposed a radical overhaul of Ghana’s higher education system — urging universities to give students the option of replacing traditional thesis writing with entrepreneurial product development.

Speaking at the National Economic Leadership Forum in Accra, held in honour of Ghana’s first President, Dr. Kwame Nkrumah’s birthday, Mr. Asomani outlined a bold vision: Empowering students to build real-world solutions from ideation to launch.

He believes this shift could significantly increase graduate-led startups by 15% by 2027, if scaled across ten universities.

“These are not just statistics,” Mr. Daniel Asomani declared. “They are blueprints for transformation, roadmaps to prosperity and pathways to the Africa of our dreams.”

Under the forum’s theme: “#Is There Enough Youth Empowerment? – The Pathway to Sustainable Economic Development”, Mr. Asomani unveiled seven transformational ideas aimed at reshaping Ghana’s socio-economic landscape:

Position Ghana as a West African manufacturing and digital hub under AfCFTA.
Develop fintech regulatory sandboxes and partnerships to make Ghana Africa’s fintech capital.
Add value to natural resources – refine gold locally, manufacture aluminum products domestically.
Invest in human capital, prioritising education, skills and productivity.
Expand affordable housing as a national development priority.
Accelerate STEM education – Ghana lags with only 20% tertiary STEM enrollment.
Support women entrepreneurs – 40% of VODEC’s Idea Challenge funding now goes to female-led initiatives, particularly in industries like shea butter processing, impacting over 600,000 women.

“We must stop being hewers of wood and drawers of water,” Daniel Asomani said. “We must transform from raw resource exporters to manufacturers of premium ‘Made in Ghana’ goods.”

Daniel Asomani stressed that transformation cannot rely solely on private initiatives – systemic change is required, especially in education and youth engagement.

“Transformation requires urgency. While China and India graduate millions in STEM annually, Ghana must catch up or risk falling behind in the knowledge economy,” he adds.

Also, addressing the forum, Dr. Frank Amoakohene, Ashanti Regional Minister, offered a deeply personal account of his own leadership journey, from school years to national politics — emphasising the importance of early youth engagement in governance.

“Youth empowerment is young people having the tools and power to shape their own future,” he said.

“It helps us understand the process of nation-building and teaches us to solve problems rather than run from them.”

Dr. Amoakohene urged the amendment of national laws to include affirmative action policies favoring youth, not just gender.

He added that gaps in existing frameworks, noting that while structures like NYA and NEIP support youth entrepreneurship, little exists to guarantee youth participation in leadership and policy-making.

“We must create legal pathways for youth representation in governance,” he asserted, proposing that young people be encouraged to lead from basic education levels all the way to cabinet positions.

Mr. Asomani concluded his statement with a reminder: “The Africa we dream of will not be built by chance — but by bold reforms, strategic investment, and empowered young people unafraid to lead.”

Chaired by Nana Barima Acheamping Sarpong II, Chief of Sekyere Asaman, the forum brought together stakeholders from academia, civil society, the political class and industry to discuss actionable strategies for youth development in Ghana.

Attendees were encouraged to support one another, form networks of emerging leaders, and commit to ongoing mentorship.

Hulk Hogan’s Wife Sky Signs Off on WWE Legend’s Son Nick Taking Over $5 Million Estate

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September 24, 2025

Hulk Hogan’s wife, Melanie Sky Daily, told a Florida judge she was on board with the late wrestler’s son Nick Hogan taking control of his estate worth over $5 million, Us Weekly can exclusively report.

On Thursday, September 18, Daily, 47, filed court documents stating she is the widow of Hulk (real name: Terry Bollea) and has an “interest in this estate as the surviving spouse.”

She said she waived the right to a hearing on Nick, 35, being appointed as the coadministrator of Hulk’s estate and consented to the petition he had filed. The other party working with Nick on managing Hulk’s affairs is a man named Terry McCoy, a longtime associate of the late entertainer.

Hulk died on July 24 at his home in Clearwater, Florida, at the age of 71. His cause of death was listed as acute myocardial infarction.His death certificate listed him as a “professional wrestler” and revealed he had been cremated at a facility in Florida.

As Us first reported, Nick filed his petition on September 9. He explained that his late father drafted his first will in 2016 but amended it in 2017, 2021, 2022 and a final time in July 2023.

In the final edits to his will, executed on July 28, 2023, Hulk asked that his daughter, Brooke Hogan, be removed as a beneficiary of the estate.

“Under no circumstances shall Brooke E. Bollea or any descendants of Brooke E. Bollea be considered a beneficiary or my last will and testament, and any reference in this last will and testament to my children or lineal descendants shall not include Brooke E. Bollea and the descendants of Brooke E. Bollea,” the filing read.

As Us previously reported, Brooke, 37, asked to be removed from the will and did not want a cut of her father’s estate.

Credit: yahoonews

Rapper who went missing on tour found dead in Mexico

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September 24, 2025

A Colombian rapper who went missing while on tour in Mexico has been found dead and identified by his family, Mexican prosecutors said Monday.

Rapper Bayron Sanchez, who used the stage name B King, disappeared with Colombian DJ colleague Jorge Herrera on September 16 as they left a gym in an exclusive neighborhood of Mexico City, their manager told Colombian radio.

Mexico City prosecutors said that another body found on September 17 presented “similarities” with that of Herrera, who performed under the name Regio Clown. His body had yet to be formally identified.

“They told me they were going to have lunch with two people, but didn’t return any messages” thereafter, the musicians’ manager, Juan Camilo Gallego, told Colombia’s Blu Radio.

He said he initially suspected that they had been kidnapped, but received no ransom demand and reported them missing to the authorities.

The last video posted to B King’s Instagram on September 15 shows him in a dressing room getting ready for a concert in Mexico.

Mexico’s President Claudia Sheinbaum said earlier the men’s disappearance was under investigation.

Reacting to reports of the two men’s deaths Colombia’s leftist President Gustavo Petro wasted no time in claiming the pair had been “murdered.”

Credit: yahoonews

Ubeatz urges Shatta Wale to record live version of ‘Street Crown’

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September 24, 2025

Revered Ghanaian music producer and audio engineer Hubert Kofi Anti, known in showbiz as Ubeatz, has advised Shatta Wale to consider a live rendition of his latest hit song ‘Street Crown’.

Ubeatz believes a live performance would add depth and freshness to the record, which was released about a month ago and has already gained massive traction.

Speaking on Joy FM’s Music Lab on September 20, 2025, he praised Shatta Wale for producing a brilliant composition but stressed that a live touch could elevate the song even further.

“The guitarist sounded like he picked some sample and dropped it in. A real guitarist would have featured better. The live performance of this song will be very good, when real musicians are playing this,” he said.

He intimated that Shatta Wale should consider a version performed by a live band or orchestra. ‘Street Crown’ has received endorsement from fans and industry stakeholders, including Jamaican dancehall star Vybz Kartel, and is currently topping various music charts.

Music Lab takes Joy FM listeners behind the scenes of Ghana’s most talked-about songs, breaking down the creative and technical processes such as vocals, lyrics, instrumentation, arrangement and production. The show features music producers, musicologists and creatives who share expert analysis.

This week’s edition included Austine Woode (broadcaster), Kofi Boachie-Ansah also known as Beatmenace (audio engineer), Freeman Daniel Ame (voice coach and artiste development manager), and Ubeatz.

Credit: myjoyonline.com

I’m not ready for political appointment –Dentaa

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September 24, 2025

Lady Dentaa Amoateng MBE, Chief Executive Officer of GUBA Enterprise, has ruled out the possibility of assuming a political office.

Dentaa, who was recently named by Foreign Affairs Minister Samuel Okudzeto Ablakwa as a recipient of a diplomatic passport, said that although her work has had a positive impact on the Ghanaian community, she does not intend to take a political appointment.

Speaking in an interview with Kwame Dadzie and Doreen Avio on Hitz FM on Tuesday, September 23, 2025, she said: “Not now. I feel like I still have a lot of work to do. The work is huge. So I prefer to keep doing what I am doing. Because what I do affects the government anyway. It benefits the government. I want to be where I am. I am happy with where I am.”

Beyond her GUBA initiative, Dentaa has been instrumental in shaping Ghana’s creative landscape. Through projects such as The Dentaa Show, she has given Ghanaian arts and culture international visibility, while her networking platforms have connected Ghanaian creatives to global business opportunities.

She has also worked closely with industry stakeholders to promote Ghana’s tourism potential, and her influence has inspired collaborations between Ghanaian and international acts.

In the previous government, she served as a member of the Governing Board of the Ghana Tourism Authority.

Credit: myjoyonline.com

Afghan boy flies from Kabul to Delhi hiding in plane’s landing gear

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September 24, 2025

The boy travelled undetected, hiding in the landing gear compartment

A 13-year-old Afghan boy made a dangerous journey from Kabul to Delhi, hiding in the landing gear compartment of a Kam Air passenger plane.

Officials say the teen, who is from Kunduz city in northern Afghanistan, was found wandering around on the runway at Delhi’s international airport after the plane landed on Monday.

He was detained by Indian security personnel and questioned for several hours before being sent back to Kabul on the same flight.

The boy reportedly told authorities he made the journey out of curiosity.

A spokesperson from the Indian Central Industrial Security Force (CISF) said the boy managed to travel undetected on Kam Airlines flight RQ-4401, which landed in Delhi around 11:10 (05:40 GMT) on Sunday.

Police found him roaming around by himself and took him aside for questioning.

The boy reportedly told authorities that he had hidden himself in the rear central landing gear compartment of the plane.

The airline staff also found a small red-coloured audio speaker after further safety inspections were carried out.

The Indian Express newspaper reported that the 13-year-old wanted to travel to Iran and did not know that the flight he entered was bound for Delhi, not Tehran.

According to the newspaper, the boy sneaked into Kabul airport, trailed a group of passengers, and stowed away in the aircraft’s rear wheel well – the internal compartment which houses the landing gear. He was carrying only the red coloured speaker with him.

There have been recent incidents of stowaways hiding in flights to the US or Europe, often escaping their home countries. But very few of them make it out alive.

Credit: bbc.com

Eswatini says it has repatriated US deportee to Jamaica

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September 24, 2025

His Majesty King Mswati III of the Kingdom of Eswatini

A Jamaican man deported from the US to Eswatini under President Donald Trump’s tough new immigration rules has been sent on to Jamaica, the Eswatini government has said.

Orville Isaac Etoria, 62, was voluntarily repatriated at the weekend, and was “warmly welcomed by members of his family”, it added.

But his treatment has been condemned by the Legal Aid Society of New York, which says Etoria came to the US as a child and had lawful permanent resident status there for decades.

Etoria and four other individuals – from Cuba, Laos, Vietnam and Yemen – were described by the US government as “depraved monsters” when they were expelled to Eswatini in southern Africa in July.

Since then, they have been held in solitary confinement in a maximum security prison in the capital city Mbabane.

Lawyers for the remaining four deportees say they have not been able to contact them. But Eswatini’s government has said that it is engaging in efforts to repatriate them all.

Trump’s pledge to conduct mass deportations was a centrepiece of his election campaign and an issue on which he drew widespread support.

In some cases, people are expelled to countries where they have no ties.

Etoria had “transformed his life” while serving a 25-year prison sentence for murder and reintegrated into American society, when he was deported and imprisoned again in Eswatini without due process, the Legal Aid Society society.

Activists in Eswatini also denounced the deal as “unconstitutional” and protested outside the American embassy.

Rights groups have instituted legal action in a bid to overturn it, saying the government could not strike the deal out without the approval of parliament. The government said it had acted within its powers.

Credit: bbc.com

US Secret Service disrupts telecom threat near UN General Assembly

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September 24, 2025