One Africa Securities Limited has been admitted to the Securities and Exchange Commission (SEC) Ghana’s Virtual Asset Sandbox, building on its earlier admission to the Bank of Ghana (BoG) Regulatory Sandbox in January 2026. The dual sandbox participation marks an important milestone in One Africa Securities’ efforts to explore the responsible application of emerging technology […]
The Bank of Ghana (BoG) and the Chartered Institute of Bankers (CIB Ghana) have pledged their shared commitment to deepen collaboration, strengthen ethics and professionalism to ensure a more resilient and trusted banking sector. This commitment was made when the Governing Council of CIB Ghana paid a courtesy visit on the Governor of the Bank […]
The Ghana cedi has come under renewed pressure as demand for foreign exchange continues to outstrip market supply, pushing the local currency into further depreciation. Data gathered by JOYBUSINESS from some major commercial banks shows sustained pressure on the cedi over the past two weeks, with businesses seeking more dollars than the market has been […]
Further to the recent announcement by the Bank of Ghana, we wish to inform the general public that Zeepay Ghana Limited is working closely with the Regulator and all relevant stakeholders to ensure an orderly, transparent and responsible approach following the revocation of the Company’s Dedicated Electronic Money Issuer Licence (Mobile Money Wallets). Zeepay Ghana […]
The Bank of Ghana has revoked the Dedicated Electronic Money Issuer (DEMI) licence of Zeepay Ghana Limited with immediate effect, citing “multiple regulatory breaches” and a persistent failure to comply with regulatory directives. In a public notice dated July 14, 2026, the central bank said the revocation was based on the company’s non-compliance, which it […]
Digital fraud and card-related disputes were among the major concerns raised by bank customers in 2025, according to the Bank of Ghana’s Annual Report. The report showed that complaints received from bank customers and members of the public increased by almost 14% compared to the previous year. Other major issues reported included unauthorised loan applications, […]
Standard Bank’s Head of Africa Research projects Ghana’s economy will expand by 5.9% to 6.1% in 2026, buoyed by structural support from gold mining expansion, critical infrastructure projects, and improved foreign exchange buffers. The economy’s stronger-than-expected 2025 performance, achieving 6% growth against initial forecasts of 5.6-5.8%, has strengthened confidence in the medium-term outlook. Speaking at […]
Ghana’s banking sector continues to navigate a difficult credit environment. While progress has been made in reducing non-performing loans (NPLs), levels remain elevated, posing ongoing risks to financial stability, credit expansion, and the growth of small and medium-sized enterprises (SMEs). As of April 2025, the sector’s NPL ratio stood at 23.6%, with private sector borrowers, […]
Advans Ghana Savings and Loans Limited has reported a net profit of GH¢66.9million for the 2025 financial year, representing a 256 percent increase from GH¢18.7million in 2024. This strong performance marks a decisive shift in the institution’s trajectory, confirming its ability to combine rapid growth with sustained impact on Ghana’s real economy. The results place […]
MobileMoney Fintech LTD (MMFL) invites all shareholders to its Extraordinary General Meeting (EGM), scheduled for Friday, June 12, 2026, at 11:00 AM. The meeting will be held virtually via https://momofintechegm.com/. The agenda for the EGM is as follows: Proposed Business To approve the appointment of the following as Directors of the Company, subject to Bank […]
The Bank of Ghana (BoG) has assured businesses and commercial banks that it has enough dollar reserves to meet market demand despite renewed pressure on the cedi in recent weeks. The Central Bank said its Foreign Exchange Intermediation Programme would continue to be guided by “data and market developments” and not sentiment. The assurance follows […]
Following an upgrade in Ghana’s credit rating by Fitch to B- and a stable outlook, the government recorded an oversubscription of its treasury bills for the first time in two months. According to the auction results by the Bank of Ghana, the Treasury recorded an 80% oversubscription of the short-term instruments. Investors responded swiftly to the […]
