4 h. ago Bank of Ghana Suspends Major Fintech Players for Forex Violations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/The Bank of Ghana has suspended the remittance licenses of nine financial institutions, including Nigerian fintech unicorn Flutterwave, for unauthorized foreign exchange activities that violated national remittance guidelines. The one-month suspensions, effective September 18, affect three payment service providers (PSPs), five money transfer operators (MTOs), and United Bank for Africa Ghana. The action follows what […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/

Politics

20 h. ago Cocoa Processing Company Stock Surges Despite Financial Struggles

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-processing-company-stock-surges-despite-financial-struggles/Ghana’s Cocoa Processing Company recorded a dramatic 50 percent share price surge in August, breaking four years of market dormancy despite persistent operational challenges that continue to plague the state-owned processor. The rally lifted CPC shares from GH¢0.20 to GH¢0.30, making it the Ghana Stock Exchange’s top performer for the month and among the year’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-processing-company-stock-surges-despite-financial-struggles/

Economics

64 h. ago SEC Nigeria Launches New Website to Enhance Transparency and Investor Protection

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/sec-nigeria-launches-new-website-to-enhance-transparency-and-investor-protection/The Securities and Exchange Commission Nigeria has unveiled a redesigned website as part of efforts to strengthen digital engagement and improve regulatory transparency across the country’s capital markets. The announcement Monday highlighted the Commission’s commitment to modernizing operations and enhancing access to critical financial information for investors and market participants. The upgraded platform features mobile-responsive […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/sec-nigeria-launches-new-website-to-enhance-transparency-and-investor-protection/

Politics

5 d. ago Ghana’s Central Bank Moves to Regulate Digital Lending Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-regulate-digital-lending-sector/Ghana’s central bank has stepped in to bring order to the country’s rapidly expanding digital lending market, signaling stricter oversight for financial technology companies and other lenders operating in the space. The Bank of Ghana announced that digital credit services now fall under formal regulatory classification as non-bank financial services. The designation puts digital lenders […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-regulate-digital-lending-sector/

Politics

7 d. ago Bank of Ghana Forex Crackdown Threatens Black Market Operations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-forex-crackdown-threatens-black-market-operations/Ghana’s informal dollar trading network faces its biggest challenge in years as new Bank of Ghana regulations threaten to disrupt a market that has thrived on foreign currency shortages in commercial banks. The central bank’s latest measures, taking effect September 1, introduce stringent declaration requirements for travelers and importers carrying significant foreign currency. The move […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-forex-crackdown-threatens-black-market-operations/

Events

1 week ago Scancom PLC Announces Sale of 729,810 Shares Via Open Market

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/scancom-plc-announces-sale-of-729810-shares-via-open-market/Scancom PLC, operating as MTN Ghana, has disclosed its plan to sell 729,810 company shares previously acquired through a restricted buy-back program. The sale is scheduled to begin on August 25, 2025, and will be conducted on the open market. The transaction will be managed by IC Securities Ghana Ltd, with shares sold at the […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/scancom-plc-announces-sale-of-729810-shares-via-open-market/

Economics

2 w. ago IEAG Calls on Bank of Ghana to Address Forex Shortages and Rate Inconsistencies

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/ieag-calls-on-bank-of-ghana-to-address-forex-shortages-and-rate-inconsistencies/The leadership of the Importers and Exporters Association of Ghana (IEAG) has met with the Bank of Ghana (BoG) to discuss persistent challenges affecting the business community, particularly foreign exchange (forex) accessibility. The courtesy call, led by IEAG Executive Secretary Mr. Samson Asaki Awingobit, was held at the Bank of Ghana Head Office in Accra, […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/ieag-calls-on-bank-of-ghana-to-address-forex-shortages-and-rate-inconsistencies/

Politics

2 w. ago Ghana Revenue Authority to Launch Simplified Tax Campaign for Informal Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revenue-authority-to-launch-simplified-tax-campaign-for-informal-sector/Ghana’s tax authority is preparing a major nationwide education campaign aimed at helping small-scale entrepreneurs understand and comply with tax obligations. The initiative, set to launch by December 2025, specifically targets market traders, artisans, and other informal businesses that have traditionally operated outside the formal tax system. Technical Advisor Elsie Apau announced the plan at […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revenue-authority-to-launch-simplified-tax-campaign-for-informal-sector/

Politics

2 w. ago MTN Shares Drop Sharply Amid Home Market Struggles and U.S. Probes

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mtn-shares-drop-sharply-amid-home-market-struggles-and-u-s-probes/MTN Group, Africa’s largest mobile operator, saw its shares fall sharply after reporting a drop in revenue in its home South African market and facing expanded U.S. investigations into its past operations. The stock fell as much as 10 percent in a single day, its steepest decline in more than two years. The company is […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mtn-shares-drop-sharply-amid-home-market-struggles-and-u-s-probes/

Politics

3 w. ago Ghana Cracks Down on Illegal Fuel Operations Amid Safety Fears

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/Ghana’s National Petroleum Authority (NPA) has declared war on illicit fuel storage and sales, warning unlicensed operators face immediate shutdowns. In a public notice issued August 12, the regulator revealed a surge in illegal petroleum activities—from covert storage depots to unauthorized retail points—threatening public safety and market stability. “These operations bypass safety protocols, risking explosions […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/

Events