News
Cedi stability partly due to NPP policies – Prof. Bokpin
Economist and Finance Professor at the University of Ghana, Professor Godfred Bokpin, has stated that the New Patriotic Party (NPP) deserves partial credit for the current stability of the Ghanaian cedi.
He cited improved macroeconomic indicators and the continuity of certain policies as factors contributing to the cedi’s resilience.
Speaking in an interview on Citi FM on Wednesday, 21 May, Professor Bokpin acknowledged that while multiple elements are responsible for the cedi’s performance, the previous NPP government’s post-election economic management had a significant impact.
READ ALSO: Ghanaians Celebrate as Cedi Appreciates to GH¢11 Against the US Dollar
“To some extent, the NPP should be given some credit. If you look at the data after December 2024, after the election under the IMF programme, we missed practically all the indicators, except for two,” he explained.
“One was GDP growth, which was higher than the programme’s target. We ended the year with 5.7%, and the other was our international reserves.”
He pointed out that the former government’s efforts, particularly through the Gold-for-Reserves programme, helped shore up foreign reserves — a move that created a foundation for the current administration to build upon.
He emphasized that this foundation has played a role in stabilizing the foreign exchange market.
READ ALSO: Iran sanction relief could send Cedis soaring at GH₵8 per dollar – Analyst
Professor Bokpin concluded that the relative currency stability being experienced is not the result of a single government’s action but rather a continuation of prudent policies.
“Such policy continuity, especially in the management of foreign reserves, has contributed to the relative stability observed in the foreign exchange market,” he noted.
myjoyonline.com
Energy
See The Areas That Will Be Affected By Power Outages On June 4
The Electricity Company of Ghana (ECG) has announced multiple power outages for Thursday, June 4, 2026, affecting communities in the Tema, Eastern, Central, and Western Regions, with a combination of planned and emergency maintenance exercises scheduled across the country.
In the Tema Area, a planned maintenance exercise will take place from 10:00 am to 4:00pm. The affected areas include the Sea Water Desalination Plant, Maranatha, Buade, Glow Lamp, Frimpongmaa Estates, Abrantie, Dan Adams, Coastal Estates, Basket, GCB Training School, Ataa Adama, Royal Ravico, Junction Mall, Regimanuel Estates, Parakuo Estates, Queensland International School, Kpoo Keke, Best Western Premier Hotel, Leisure Hours Hotel, and extensive parts of Nungua including Zongo, Township, Traditional Council, Polyclinic and Secondary School. Also affected are the Kpeshie Divisional Police Headquarters, Coco Beach, Main 1, Father’s Hotel, C5 and surrounding areas. The notice was originally issued on Monday, June 1.
In the Eastern Region, a planned maintenance exercise will run from 8:00am to 5:00pm, affecting Sekesua, Anyamoni, Oterkpolu, Bukonor, Asesewa, Akateng and surrounding areas. This notice was originally issued on Tuesday, 2nd June.
The Central Region will experience a planned outage from 9:00am to 3:30pm, affecting Brimso Headworks, Akaikrom, Police Barrier, Ankaful Junction, Mpeasem, WAEC, Yayaaikawa, Wanyiwato, part of Dominase, Duakyimase and surrounding areas.
In the Western Region, ECG will undertake two separate exercises. The first is an emergency maintenance from 10:00am to 2:00pm, affecting Dixcove, Busua, Cape 3, Agona Damtsi, GREL and surrounding areas. The second is another emergency maintenance from 9:00am to 4:00pm, affecting Akoon, UEE, parts of Market Circle, Railway Quarters, Apinto Hospital, Cyanide, Kwabedu, Alhaji Dauda, New Atuabo, Budo City, Banso, Esuosu and surrounding areas.
ECG has expressed regret for the inconvenience that will arise from all these exercises. The company has advised affected customers to make alternative arrangements for power-dependent activities during the specified hours.
All notices were originally issued between Monday, June 1 and Wednesday, June 3, 2026. ECG assured that power supply would be restored to all affected areas upon completion of the scheduled maintenance works. Customers have been encouraged to contact ECG’s official communication channels for further updates.
graphic.com.gh
General News
Today’s Newspaper Headlines: Thursday, 4th June, 2026
General News
Assin Edubiase: School Bus ‘Plunges’ Into River, Two Pupils Killed
Tragedy struck when a school bus transporting more than 40 pupils of a preparatory school at Assin Edubiase in the Assin South District of the Central Region veered off the road and plunged into a river.
It resulted in the death of two kindergarten pupils of the Alice Elites Academy.
The deceased, a three-year-old and a five-year-old, were among pupils who were in the Mercedes-Benz Sprinter bus with registration number AS 2218-20.
The accident occurred on the Assin Kwafokrom-Homaho stretch on Monday [June 1, 2026].

Graphic Online understands that the driver reportedly lost control of the vehicle, it veered off the road, and plunged into the river.
Dozens of pupils got injured.
ASP Wonder Lumor from the Motor Traffic and Transport Department (MTTD) of the Central North Regional Police Command told Graphic Online that the 40 injured pupils were transported to health facilities for emergency medical care.

According to him, 22 of the victims were taken to the St. Francis Xavier Hospital, while the 18 others received treatment at the Assin Edubiase Health Centre.
ASP Lumor explained that all the injured pupils responded positively to treatment and were later discharged.
graphic.com.gh
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