Also known as: Mr Awuah · Nana Akwasi Awuah · Mr. Awuah · Nana Agyei Baffuor Awuah · Baffuor Awuah
CEO of the Ghana Association of Banks, warning on fraud vulnerabilities and digital finance security risks.
Verbatim sentences from the source article.
Joy Online
Ghana’s banking sector is showing renewed confidence in the economy after years of turbulence, with the CEO of the Ghana Association of Banks, John Awuah, declaring that banks are now “safely anchored” and ready to support growth. …
We are safely anchored – Banks express confidence as economy recoversJoy Online
… Chief Executive of the Ghana Association of Banks, John Awuah, has also indicated that some commercial banks are already offering single-digit interest rates. …
Ghana Reference Rate dips to 10.03% in May, signalling possible loan rate cutsMobileMoney 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.
31 July 2026 · The Chronicle →
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.
31 July 2026 · The Chronicle →
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.
23 July 2026 · Joy Online →
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.
22 July 2026 · Joy Online →
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.
22 July 2026 · Joy Online →
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.
17 July 2026 · Joy Online →
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.
13 July 2026 · Joy Online →
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.
10 July 2026 · Joy Online →
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.
8 July 2026 · Joy Online →
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.
7 July 2026 · Joy Online →
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.
7 July 2026 · Joy Online →
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.
6 July 2026 · Joy Online →
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.
3 July 2026 · Joy Online →
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.
2 July 2026 · Joy Online →
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.
16 June 2026 · Joy Online →
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.
10 June 2026 · Joy Online →
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.
8 June 2026 · Joy Online →
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.
8 June 2026 · Joy Online →
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.
3 June 2026 · Joy Online →
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.
22 May 2026 · Joy Online →
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.
22 May 2026 · Joy Online →
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.
22 May 2026 · Joy Online →
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.
6 May 2026 · Joy Online →