Author: GN Reporter

The Securities and Exchange Commission (SEC) of Ghana has issued a stern warning to the public, exposing 23 unlicensed online investment schemes operating within the country. These schemes, which operate under various names and platforms, pose significant risks to unsuspecting investors, particularly those seeking high returns with minimal risk. The SEC’s intervention underscores the growing concern over unregulated financial activities in Ghana’s digital economy, where fraudulent entities exploit technological advancements to deceive investors. The SEC’s Crackdown on Rogue Investment Schemes In a public alert, the SEC has identified these schemes as illegal and unlicensed, meaning they operate outside the regulatory…

The Ghana-China Business Summit 2026, originally scheduled for July 20–26, 2026 in Accra, has been postponed to November 2026 due to pressing national priorities, as announced by organizers in a joint media statement on Tuesday. The decision, while regrettable, reflects a deliberate effort to align the summit’s objectives with Ghana’s economic and developmental imperatives, ensuring maximum participation from government stakeholders, private sector leaders, and international partners. Speaking at a press engagement in Accra, Dennis Anderson, Coordinator of the Ghana-China Business Summit and CEO of Perfect World Company Limited, acknowledged the inconvenience caused by the rescheduling but emphasized the strategic necessity…

Ghana is rapidly evolving into a cash-light economy, with digital payments now dominating financial transactions across the country. According to Abdul Razak Issaka-Ali, Chief Commercial and Operations Officer of MobileMoney Fintech Limited (MMFL), digital transactions now constitute over 50% of all financial exchanges, marking a significant shift in how Ghanaians conduct commerce. This transformation underscores Ghana’s position as a global leader in digital financial adoption, with its digital finance ecosystem evolving at an unprecedented pace over the past decade. A Decade of Digital Growth: Ghana’s Cash-Light Economy in Focus Issaka-Ali highlighted that while cash remains a staple in daily transactions,…

The New Patriotic Party (NPP) Minority Caucus in Ghana’s Parliament has walked out of a scheduled briefing with Bank of Ghana (BoG) Governor over concerns regarding media exclusion and unanswered questions about a $2.2 billion drop in the country’s gross international reserves. The decision follows a leadership directive to prevent media coverage of the session, which the opposition argues undermines transparency and accountability in public financial management. Demands for Clarity on Foreign Exchange Reserves During a press statement at Parliament House, Mr. Kojo Oppong Nkrumah, the Ranking Member of the Economic and Development Committee and NPP Member of Parliament (MP)…

In a landmark initiative to bolster Ghana’s digital education landscape, Telecel Ghana, the country’s leading telecommunications provider, has officially commissioned a fully equipped Information Technology (IT) Lab at the University of Ghana (UG). The state-of-the-art facility, designed to enhance digital learning and technological innovation, marks a significant step in bridging the digital divide and preparing students for the demands of the modern workforce. A Strategic Investment in Digital Literacy The newly inaugurated IT Lab, located within the School of Nuclear and Allied Sciences at UG, is equipped with cutting-edge hardware and software, including high-performance computers, advanced networking infrastructure, and specialized…

South African politician and former leader of the Economic Freedom Fighters (EFF), Julius Malema, has once again sparked a continent-wide conversation with his latest remarks, this time lauding Nigeria’s banking sector and Afrobeats music as models for other African nations to emulate. During a recent public appearance, Malema urged African leaders to “learn from Nigerians” and abandon outdated practices, including the controversial use of “pangas”—a reference to machetes—symbolizing violence and instability. His comments, which have since gone viral across social media platforms, have reignited debates about economic progress, cultural influence, and political leadership across the continent. While some African leaders…

The Government of Ghana has confirmed the repatriation of the remains of Bashiru Isak, a 40-year-old Ghanaian father of three, who was fatally shot during a wave of xenophobic and anti-African violence in South Africa. The body arrived in Accra on Tuesday, July 14, 2026, at 6:40 PM, following a coordinated effort by Ghana’s High Commission in Pretoria and the Ministry of Foreign Affairs. A Tragic Death Amidst Rising Xenophobia in South Africa Isak, a resident of Khayelitsha, a township in Cape Town, was reportedly shot multiple times in what authorities in South Africa have denied was linked to xenophobic…

Ghana’s fight against HIV/AIDS is at a critical juncture, with experts warning that declining public awareness campaigns and persistent misconceptions are fueling new infections, particularly among the youth. Mrs. Aba Oppong, Executive Director of Rights and Responsibilities Initiatives Ghana (RRIG), has urged the Ghana Health Service (GHS), Ghana AIDS Commission (GAC), and other stakeholders to intensify nationwide HIV awareness initiatives to safeguard the country’s productive population. In an interview with the Ghana News Agency (GNA) in Kumasi, Mrs. Oppong highlighted that while Ghana has made significant strides in expanding access to HIV testing and treatment, public education on prevention has…

Ghana’s informal cross-border trade has emerged as a critical yet underreported economic force, contributing GH¢31 billion—or six percent of the nation’s total trade—between January and September 2025, according to the Ghana Statistical Service (GSS). The revelation, detailed in the latest Informal Cross-Border Trade Survey, underscores how this unregulated sector has long operated as a shadow economy, sustaining livelihoods, employment, and regional commerce while evading formal statistical capture. The findings, presented by Dr. Alhassan Iddrisu, Government Statistician, during a high-profile release in Accra, reveal that informal trade with neighboring countries—Togo, Burkina Faso, and Côte d’Ivoire—exceeded formal trade by a significant margin,…

In a landmark development for Ghana’s agricultural sector, the Commercial Farmers Association (CIB) Ghana has officially elected Dr. Ellen Ohene-Afoakwa as its new president, marking a significant leadership transition within the organization. The announcement, made during a high-profile election ceremony held at the association’s headquarters in Accra, underscores a renewed commitment to fostering agricultural innovation, sustainability, and economic empowerment for Ghanaian farmers. A New Leadership Era for CIB Ghana The election of Dr. Ohene-Afoakwa, a distinguished agricultural scientist and policy expert, follows a rigorous and transparent voting process involving members from across Ghana’s diverse farming communities. Her appointment comes at…