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  1. Home
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  3. /Ayawaso East Polls, Bond Market Return & Travel Crisis

Ayawaso East Polls, Bond Market Return & Travel Crisis

March 3, 2026
•
28 stories
•7 min read
Ayawaso East By-ElectionDebt Management ReformMiddle East Conflict Impact

Top 3 Stories Today

  1. Ayawaso East Goes to the Polls — Voters are electing a successor to the late Mahama Naser Toure today in a high-stakes 'Battle of the Babas' that serves as a critical test of political momentum for the Mahama administration and the NPP opposition.
  2. Ghana Returns to Long-Term Bond Market — The Ministry of Finance has announced a strategic shift away from short-term Treasury bills toward long-dated domestic bonds starting this month, signaling a significant step in the nation's post-DDEP economic recovery.
  3. Middle East Conflict Triggers Travel Crisis — Massive flight cancellations and an urgent government advisory for Umrah pilgrims have left hundreds of Ghanaians stranded in Dubai and the Gulf, highlighting the immediate risks to international mobility and commerce.

Politics & Governance

Ayawaso East By-Election: The 'Battle of the Babas'

Today, March 3, 2026, 49,966 registered voters in the Ayawaso East Constituency are casting ballots across 113 polling stations to elect a new Member of Parliament. The contest primarily features Baba Jamal of the National Democratic Congress (NDC) and Yussif Baba Ali of the New Patriotic Party (NPP). The Electoral Commission has deployed a significant security presence, with up to 80 police officers per station, to ensure a peaceful process following the January passing of sitting MP Mahama Naser Toure.

Why it matters

This by-election is the first major electoral test since the 2024 general election. A victory for the NDC would consolidate the Mahama administration's legislative support, while an NPP win in this traditional NDC stronghold would signal shifting national sentiment.

Context

Ayawaso East has historically leaned toward the NDC since the start of the Fourth Republic in 1992. The vacancy created by Baba Jamal’s run has already led to diplomatic shifts, with businessman Baba Sadiq Abdulai Abu appointed as the new High Commissioner-Designate to Nigeria.

Sources: MyJoyOnline, Graphic Online, ClassFM Online

High Court Orders GHc5m Damages in Kan-Dapaah Defamation Suit

The Accra High Court has ordered activist Oliver Barker-Vormawor to pay GHc5 million ($454,545 USD) in general damages to former National Security Minister Albert Kan-Dapaah. The ruling found that Barker-Vormawor's unsubstantiated public claims—alleging the Minister offered him a $1 million bribe to cease activism—were defamatory. In addition to the payout, the court imposed GHc100,000 ($9,091 USD) in legal costs and mandated a formal public apology.

Why it matters

This landmark judgment sets a high bar for the burden of proof required when making corruption allegations against public officials. It underscores the legal risks of social media-driven activism without verifiable evidence.

Sources: GhanaWeb, ClassFM Online

Economy & Business

Strategic Shift to Long-Term Debt and Gold Reserves

Deputy Finance Minister Thomas Nyarko Ampem has announced that Ghana will resume issuing long-dated domestic bonds this month, following the expiration of restrictions under the 2023 Domestic Debt Exchange Programme (DDEP). This move is intended to reduce the government's heavy reliance on short-term Treasury bills. Simultaneously, Ministry advisor Dr. Theo Acheampong is urging the government to leverage current high gold prices to build an economic 'war chest,' noting a 0.64 correlation between gold performance and Ghana's gross international reserves.

Why it matters

Transitioning to long-term debt helps smooth out the government's repayment schedule and reduces the risk of frequent domestic 'debt traps.'

For investors

The return to the bond market signals a normalization of Ghana's credit environment. Watch for primary market auctions in late March as a gauge of institutional appetite and confidence in the Mahama administration's fiscal discipline.

Sources: MyJoyOnline, MyJoyOnline

Fuel Price Adjustments: Petrol and Diesel See Hikes

The National Petroleum Authority (NPA) has adjusted the price floors for the first half of March 2026. The price floor for petrol has risen to GHc10.46 ($0.95 USD) per litre, while diesel has increased to GHc11.42 ($1.04 USD) per litre. Liquefied Petroleum Gas (LPG) saw a minor reduction to GHc9.38 (~$0.85 USD) per kilogram. These adjustments follow global crude trends and price hikes at Nigeria's Dangote Refinery.

For diaspora

Increasing fuel costs often correlate with rising food and transport prices back home. If you are sending remittances for family business or household support, factor in these energy-driven inflationary pressures.

Sources: GhanaWeb, MyJoyOnline

Community & Safety

Middle East Security Alert and Travel Disruption

Ghana’s Ministry of Foreign Affairs has issued an urgent advisory for citizens to defer Umrah pilgrimage travel due to volatile security conditions in the Middle East following Iranian military strikes. Flight cancellations have exceeded 4,000 daily across the Gulf, with 71% of flights to the UAE affected. High-profile Ghanaians, including actor Kwaku Manu and blogger ZionFelix, remain stranded in Dubai, while the Black Queens national team is reportedly confined to their hotel for safety.

What to watch

Monitor airline status updates daily. British and European carriers have begun rerouting through African airspace, which may increase transit times for flights between Accra and London/New York.

Sources: MyJoyOnline, GhanaWeb

Legal Roundup: Nana Agradaa Release and Mob Justice Arraignments

Controversial figure Nana Agradaa (Mama Pat) is expected to be released today, March 3, following the standard remission of her 12-month sentence for fraud. In a separate case, three suspects were arraigned in Accra for the mob killing of Austin Tengeeh, a Liberian national in Lashibi. Meanwhile, a 25-year-old woman in Koforidua, Vera Asare, has been found guilty of manslaughter following a fatal acid attack on her boyfriend.

Context

Mob justice remains a significant challenge in Ghana. The police have issued a 'stern warning' against vigilantism following the Tengeeh case, where a false accusation of theft led to the fatal assault.

Sources: ClassFM Online, MyJoyOnline

Sports

⚽ Black Stars: No Guaranteed Spots for 2026 World Cup

Former GFA Vice President George Afriyie has warned that the pool of 46 players used during the qualifiers will be cut to a 26-man squad by the June 1 deadline. Competition is intensifying with high-profile European-based talents like Callum Hudson-Odoi and Eddie Nketiah considering international switches to join the Black Stars ahead of their June 17 opener against Panama.

Black Stars context: Ghana is drawn in Group L alongside England, Croatia, and Panama. The team will be based at Bryant University in the USA for the tournament.

Sources: GhanaWeb

⚽ Domestic Football: Bibiani Gold Stars Eye the Title

Bibiani Gold Stars are now just one point behind league leaders Medeama SC following a historic 2-1 victory over Accra Hearts of Oak. This was the club's first-ever win against the Phobians since their promotion.

Sources: GhanaWeb

Entertainment

Kumawood Actress Remanded Over Robbery Links

Actress and producer Patricia Osei Boateng has been remanded in custody by a Kumasi High Court for her alleged involvement in a violent robbery and the murder of Andrew Amankwa. Authorities allege she provided intel for a gang led by her husband.

Why it matters

The case has sent shockwaves through the Kumawood industry, highlighting the personal and professional risks public figures face when linked to criminal networks.

Sources: GhanaWeb

Until Next Time

Today we covered the crucial Ayawaso East by-election, Ghana's strategic return to the long-term bond market, and the unfolding travel crisis in the Middle East affecting Ghanaians abroad. Thank you for reading the Ghana News AI Daily Brief!

Have feedback or suggestions? We'd love to hear from you at info@ghananews.ai

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