The financial institutions in the country experienced a total loss of GHS 56 million because of fraud in the year ending 2022. This represents a decrease of 7.8% compared to the GHS 61 million recorded in 2021, as stated in the 2022 fraud report by the Financial Stability Department of the Bank of Ghana. The […]

The Africa Prosperity Network (APN) is set to publicly announce the details of the second edition of the annual Africa Prosperity Dialogues (APD) on Sunday, June 18, 2023. This significant announcement will occur as a critical side event during the 30th Afreximbank Annual Meetings in Accra from June 18 to 21, 2023. The overarching theme […]

Stephen Koomson, driven by his ambition to become a lawyer, faced two years when financial constraints seemed to dim his dream. Despite achieving impressive grades of 5As and 3Bs in various subjects during the 2021 West African Senior School Certificate Examination (WASSCE), the talented 21-year-old’s education was disrupted because of a lack of financial support. […]

The Importers and Exporters Association of Ghana expressed dissatisfaction with the Special Prosecutor’s request for access to the Integrated Customs Management System (ICUMS) platform, which they consider highly sensitive. They emphasized that the medium contains valuable and sensitive data of importers, exporters, and business operators. The association cautioned that any breaches caused by the Office […]

The Consumer Protection Agency (CPA) has accused the British Airways airline of imposing an additional $50 fee on Ghanaians purchasing airline tickets. The CPA strongly criticized British Airways in a statement, asserting the extra fee is unlawful and demanding an immediate halt to its implementation. In their statement, the CPA highlighted an illicit practice by […]

Starting from Friday, June 16, 2023, there is an expected increase in petrol and diesel prices. However, the cost of Liquefied Petroleum Gas (LPG) will remain unchanged. This upcoming price hike marks the first consecutive increase since the beginning of June 2023. The Chamber for Petroleum Consumers (COPEC) attributes the anticipated rise in petrol and […]

The Ministry of Gender, Children, and Social Protection strongly denounced the severe mistreatment of a woman in the Upper East Region. In a statement dated Tuesday, June 13, the Ministry emphasized that violence against women and girls should never be justified or tolerated, regardless of the circumstances or the perpetrators involved. They highlighted the detrimental […]

The Bank of Ghana (BoG) has warned the public regarding 97 unlicensed organizations that offer loans through mobile applications, advising against engaging in any transactions with them. In an announcement on Wednesday, the Central Bank cautioned the individuals behind such platforms to cease their unlawful operations or face potential legal action following an investigation. It […]