Also known as: Mr. Afful · Mr Afful · Mr Eric Afful · Ishmael Afful · Hon. Afful
Chairman of Parliament's Economy and Development Committee who defends Bank of Ghana's losses as macroeconomic stabilisation costs rather than insolvency.
… Chairperson of the Committee, Eric Afful, said the visit formed part of Parliament’s oversight responsibility and was intended to verify information gathered during previous engagements while strengthening collaboration with the Authority. …
… The school’s Headmaster, Ishmael Afful, said the milestone represents three decades of commitment to discipline, academic excellence and character formation. …
… Chairman of the Committee, Eric Afful, said the engagement was intended to provide lawmakers with firsthand insight into GoldBod’s performance and its role in supporting Ghana’s economic recovery through the effective management of the country’s gold resources. …
… According to the Chairman of the Committee, Eric Afful, the review of the report will assess institutional challenges, performance, budget utilisation and measures being implemented to improve service delivery. …
… According to the Chairman of the Committee, Eric Afful, the review of the report will assess institutional challenges, performance, budget utilisation and measures being implemented to improve service delivery. …
The Chairman of Parliament’s Economy and Development Committee, Eric Afful, has dismissed suggestions that there is an attempt to shield the Bank of Ghana (BoG) from public scrutiny, insisting that the central bank’s operations must be handled with transparency and accountability …
… Member of Parliament for Amenfi West, Eric Afful, visited the affected communities to assess the extent of the destruction and commiserate with victims. …
… The case stemmed from an incident in which a teacher, Eric Afful, was captured on video repeatedly striking a female student before lifting and throwing her to the ground. …
Ghana's Parliamentary Select Committee on Economy and Development commended the National Petroleum Authority for its effective regulation of the downstream petroleum sector and its contribution to economic growth. The Committee visited the NPA to conduct oversight, verify information from previous engagements, and strengthen collaboration with the Authority.
Ghana's Parliamentary Select Committee on Economy and Development commended the National Petroleum Authority for its effective regulation of the downstream petroleum sector and its contribution to economic growth. The Committee visited the NPA to conduct oversight, verify information from previous engagements, and strengthen collaboration with the Authority.
Private educational institutions have called on government to extend education support interventions to private schools, arguing that they remain important partners in Ghana's human resource development and shoulder significant operational costs while educating large numbers of Ghanaian children. The call was made by Reverend Father Richmond K. Nkansah, General Manager of King Arthur International School, during the school's 30th anniversary celebration in Kumasi, who said private schools should receive government support for facilities like ICT labs, school buses, and libraries.
Ghana's Parliamentary Select Committee on Economy and Development visited the Ghana Gold Board to assess its operations and contribution to economic recovery through gold trading and foreign exchange mobilisation. CEO Sammy Gyamfi presented the Board's transformation from PMMC and outlined reforms including a planned gold traceability system procurement.
The Economy and Development Committee of Parliament has warned that ministries, departments and agencies failing to participate in the review of the 2025 Annual Progress Report will face sanctions, stressing that public institutions must demonstrate accountability for their performance and use of public resources.
Ghana's Economy and Development Committee has warned that public institutions failing to participate in the review of the 2025 Annual Progress Report will face sanctions, saying active participation demonstrates commitment to accountability. The review will assess institutional challenges, performance, budget utilisation and service delivery improvements.
The Chairman of Parliament's Economy and Development Committee defended a closed-door meeting with Bank of Ghana Governor Dr Johnson Asiama, arguing that the central bank's independence requires a different approach from usual parliamentary oversight. He said Parliament is not hiding the BoG's operations, but the institution is independent despite government being a stakeholder.
Residents of Samreboi in the Western Region have begun returning to their homes as floodwaters that displaced thousands and affected nearly 2,500 people recede, though NADMO has cautioned against rushing back until comprehensive safety assessments are completed.
Parliament will reinstate Minority Leader Alexander Afenyo-Markin as a member of Ghana's eight-member delegation to the ECOWAS Parliament, replacing Deputy Minority Leader Patricia Appiagyei who opted out. His earlier presence at the delegation's inauguration in Abuja reportedly caused ECOWAS Parliament to refuse to swear in the entire delegation, prompting the Majority Leader to refer him to the Privileges Committee for investigation.
More than 24 houses have collapsed in the galamsey community of Samreboi in Amenfi West Municipality, Western Region, as continuous rainfall from Friday through Sunday has worsened the humanitarian crisis, submerging homes and forcing displaced residents to flee temporary shelters in schools and churches.
The Toase District Court has struck out an assault case involving teacher Eric Afful and a female student at Nyinahin Catholic Senior High School after the court encouraged both parties to pursue amicable resolution and out-of-court settlement. The incident, which was captured on video and went viral on social media, sparked public outrage and led to the teacher's arrest.
The Majority Caucus in Parliament contends that the Bank of Ghana's financial losses in 2025, reported at GH¢15.6 billion, were necessary to prevent widespread business collapse and economic hardship, though the opposition disputes the actual loss figure.
MP Kofi Benteh Afful has defended the Bank of Ghana's operations, arguing that critics describing the central bank's recent loss as a sign of economic doom misunderstand its role. He stated that a central bank cannot be assessed like a commercial bank, as its mandate is to ensure macroeconomic stability through managing inflation, exchange rates, and reserves rather than generate profit.
Parliament's Majority has defended the Bank of Ghana's operational loss of about GH¢15.63 billion for 2025, which rose 65 per cent from GH¢9.49 billion in 2024, arguing the central bank is not structured to generate profit and should be assessed differently from commercial banks.
Parliament's Economic Committee Chairman Eric Afful says the Bank of Ghana's GH¢15.6 billion net loss in 2025 and negative equity of GH¢96.3 billion should not be assessed using a commercial banking framework, but rather understood as costs of economic stabilisation during a severe macroeconomic crisis. He cited cumulative losses of GH¢80.85 billion from 2022–2024, when inflation peaked at 54.13% in 2022 and the cedi depreciated significantly.
The Majority in Parliament has criticised the Akufo-Addo administration for failing to achieve macroeconomic stability despite the Bank of Ghana recording cumulative losses of over GH₵80 billion between 2022 and 2024, plus a GH₵15.6 billion loss in 2025. Key economic indicators including inflation, currency depreciation, and central bank equity remain under pressure, according to the chairman of Parliament's Economy and Development Committee.
Parliament's Majority has defended the Bank of Ghana's 2025 losses—GH¢15.63 billion, up 65 per cent year-on-year—arguing that negative equity is an accounting condition reflecting deliberate policy actions to stabilise the economy rather than insolvency, and does not indicate financial distress.