… John Awuah, Chief Executive Officer of the Ghana Association of Banks, said collaboration between banks and fintech companies had become increasingly important as financial services continued to expand through digital platforms. …
CEO of the Ghana Association of Banks, John Awuah, has warned that no Ghanaian is beyond the reach of fraudsters after revealing that he was targeted by scammers just moments after appearing on a radio programme to educate the public about cyber fraud. …
Ghana is not yet facing a digital trust crisis, but the country risks getting there if rising concerns around fraud are not addressed urgently, Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, has warned. …
A member of Parliament’s Constitutional and Legal Affairs Committee, Nana Agyei Baffuor Awuah, says that the New Patriotic Party (NPP) is not opposed to investigations but to what it describes as the use of bail conditions to intimidate opposition figures. …
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, says technology alone cannot protect digital finance users who expose their passwords, PINs, ATM cards, phones and account details to fraudsters. …
… He cautioned against sensational reporting, saying, “ultimately, we are here to protect the public, the consumers, and to encourage them to participate in the industry so that they are not taken for granted.” Mr John Awuah, Chief Executive Officer of the Ghana Association of Bank …
… Speaking on the sidelines of the launch of the PwC Ghana Banking Survey in Accra, the chief executive officer of the Ghana Bankers Association, John Awuah, said recent inflation developments are likely to influence the committee’s decision, making a policy hold the most probable …
MobileMoney Fintech Limited has assured customers that funds in mobile money wallets are protected through regulated trust accounts maintained with partner banks and supervised by the Bank of Ghana. Electronic money is held by partner banks rather than directly by payment service providers or fintech companies.
MobileMoney Fintech Limited has assured customers that funds in mobile money wallets are protected through regulated trust accounts maintained with partner banks and supervised by the Bank of Ghana. Electronic money is held by partner banks rather than directly by payment service providers or fintech companies.
John Awuah, CEO of the Ghana Association of Banks, warned that all Ghanaians remain vulnerable to fraud after revealing he was targeted by scammers minutes after a radio interview on cyber fraud. He cautioned that belief in one's immunity due to education or professional status leaves people exposed.
Ghana is not yet facing a digital trust crisis, but risks getting there if rising fraud concerns are not addressed urgently, according to the CEO of the Ghana Association of Banks. Signs of declining confidence are already emerging as consumers begin to question digital transactions and payment processes they previously trusted.
Ghana's maiden Digital Economy Forum airs tonight at 8 p.m. on JoyNews and Joy FM, bringing together policymakers, regulators, financial institutions, and academics to discuss digital fraud's impact on consumer confidence and business growth.
An NPP member of Parliament's Constitutional and Legal Affairs Committee says the party is not against investigations, but against the use of bail conditions to intimidate opposition figures, citing examples including bail conditions imposed on the Ashanti Regional Chairman and a GH¢50 million bail granted to a former executive secretary.
Ghana Association of Banks CEO John Awuah says technology alone cannot protect digital finance users who expose passwords, PINs, cards and account details to fraudsters; he emphasizes that while banks invest heavily in cybersecurity and comply with strict security standards, users themselves remain critical to the security chain.
Ghana's financial sector stakeholders have identified deeper collaborations among regulators, financial institutions, service providers, the public and media as necessary to address growing fraud, particularly in the Payment Services Providers segment. The Bank of Ghana's 2025 Fraud Report shows fraud cases rose from 16,733 in 2024 to 24,778 in 2025, though banking sector fraud fell 34 per cent while PSP fraud rose.
Banks and fintech companies disagree over who faces heavier regulation in Ghana's digital financial sector, with each claiming the other operates under lighter supervision. The Bank of Ghana's Head of Fintech and Innovation says the real concern is that fraud can spread across the entire financial system if any part is weakly regulated.
The Ghana Bankers Association expects the Bank of Ghana to hold its monetary policy rate at the next Monetary Policy Committee meeting. The CEO noted that while macroeconomic conditions have improved, recent inflation developments are likely to influence the committee's decision to maintain the current 14.0 percent rate.
The Bank of Ghana's Head of Fintech and Innovation warned that increasing fraud cases could erode public trust in digital financial services and reverse progress towards a cash-lite economy. He noted that 16,733 fraud cases were recorded across banks and payment service providers in 2024, up from 15,865 in 2023.
The Bank of Ghana's Head of Fintech and Innovation is calling for a coordinated, industry-wide system to combat fraud across banks, mobile money operators, and fintech companies, arguing that separate systems are inadequate in an interconnected ecosystem. Ghana's digital financial sector recorded 16,733 fraud cases in 2024, up from 15,865 in 2023, with payment service providers accounting for the majority.
Ghana National Chamber of Commerce CEO Mark Badu Aboagye stated that businesses severely affected by recent floods will require workers to remain home until offices are restored to operation. He noted that most GNCCI members have suffered damage to raw materials and stocks, with insurance claims processing adding to recovery delays.
Ghana has launched the Digital Economy Forum, a national platform bringing together policymakers, regulators, business leaders, academics, and others to examine technologies, policies and ideas shaping the country's digital future. Each edition will combine documentary investigation with televised dialogue to address pressing issues in digital commerce, financial services, cybersecurity, and other areas.
Bank of Ghana Governor Dr. Johnson Asiama said that developments in the Middle East and a peace deal will influence Ghana's inflation outlook, and the central bank is monitoring events ahead of the next Monetary Policy Committee meeting. The Governor noted that the last MPC decision to maintain the policy rate at 14 percent reflected balanced risks to inflation and growth at that time, with expectations that things might change.
The Achimota School Tennis Club will host the third edition of the Chairman John Awuah Invitational Tournament on Saturday, June 13, 2026, sponsored by First Atlantic Bank as headline sponsor alongside Fresh Drops Mineral Water, Dunlop, and Peninsula Resort and Golf Club. The annual event attracts players from multiple clubs and serves as a platform for competitive tennis, fellowship, and networking among players and supporters.
Former Precious Minerals Marketing Company CEO Nana Akwasi Awuah says he declined several award offers during his tenure because they required financial commitments disguised as sponsorship arrangements, preferring instead to focus on meaningful service and employee recognition.
Former Chief Executive Officer of the Precious Minerals Marketing Company, Nana Akwasi Awuah, disclosed that he routinely rejected award offers that came with financial sponsorship obligations during his tenure. He argued that genuine recognition should come from employees and citizens impacted by leadership rather than from award schemes requiring financial commitments.
Ghana's Reference Rate fell slightly to 10.02% in June 2026 from 10.03% in May, driven by a decrease in the 91-day Treasury bill rate. The decline is expected to trigger lending rate cuts by commercial banks, with borrowers on variable-rate loans likely to see reduced borrowing costs.
Ghana Association of Banks CEO John Awuah says interest rates will increase marginally in coming weeks despite the policy rate remaining at 14%, citing rising treasury bill rates and other variables influencing the Ghana Reference Rate.
The CEO of the Ghana Association of Banks cautioned against declaring the sector fully recovered, saying improved first-quarter performances and stronger numbers represent work in progress rather than total victory. He credited the banking system's resilience to surviving recent economic shocks including inflation, currency pressures, and the domestic debt exchange programme.
The Ghana Association of Banks CEO John Awuah says banks are "safely anchored" and ready to support growth, citing improved financial results and economic fundamentals after years of turbulence. He noted the banking system has proven resilient through recent shocks and that recovery signs are encouraging.
Ghana's Reference Rate for May 2026 declined marginally to 10.03% from 10.06% in April, driven by a slight drop in the interbank rate. The movement could lead to marginal reductions in lending rates on loans negotiated between May 5 and June 1, 2026, with variable-rate borrowers and those with strong credit profiles expected to benefit.