MoMo Fraud On The Rise – Bank Of Ghana Warns
The Director of Fintech and Innovation at the Bank of Ghana, Mr. Kwame Oppong, says cases of mobile money fraud are on the increase, with fraudsters devising various means to scam….
Category: Business
Market Fires: Victims Share Harrowing Tales Of Loss And Recovery
Ghana recorded 4,650 fire incidents between January and September 2024, raising serious concerns about public safety. The recurrent market fires have affected countless individuals, leaving them grappling not only with….
Fraudsters Undermining Public Trust In MoMo Payment Systems
Mobile money has quickly become a powerful tool for financial inclusion in Ghana, promising convenience and improved financial services. But the explosive digital financial landscape is coming along with cybersecurity….
Global Economy Stabilizes, But Developing Economies Face Tougher Slog – World Bank
The World Bank’s Global Economic Prospects report indicates that developing economies, which contribute 60% of global growth, are projected to experience their weakest long-term growth outlook since 2000. Global growth….
World Bank Sets Africa Terms To Win $40 Billion In Power Finance
The World Bank and African Development Bank have outlined conditions for African countries to secure $40 billion in financing to address the continent’s electricity crisis. The “Mission 300” program aims….
GH₵490m Unaccounted For By ECG In Three Months – Audit Report
An audit of the Electricity Company of Ghana’s (ECG) revenue collection revealed a discrepancy of GH₵490 million between October and December 2023. This discrepancy concerns the company’s tariff and non-tariff….
Ghana Drops To 13Th In Africa With Lowest Fuel Price
Ghana has dropped to 13th place in Africa for the lowest fuel prices, with an average petrol price of $1.051 per liter in January 2025, up from $0.985 in December….
Bulk Oil Distributors Deny Imminent Fuel Shortage
The Ghana Chamber of Bulk Oil Distributors (CBOD) has dismissed claims of an imminent fuel shortage, assuring the public of adequate fuel supplies. According to CBOD CEO Dr. Patrick Ofori,….
IMF Boss Hails Akufo-Addo’s Economic Reforms, COVID-19 Fight
IMF Managing Director Kristalina Georgieva has commended former President Nana Addo Dankwa Akufo-Addo for his administration’s economic reforms and adept handling of the COVID-19 pandemic. In a letter marking the….
Amin Adam Has Inspired Confidence In Ghana’s Economic Future – IMF Boss
Former Finance Minister Dr. Mohammed Amin Adam has received high praise from IMF Managing Director Ms. Kristalina Georgieva for his exceptional leadership in stabilizing Ghana’s economy during his tenure. In….