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MyJoyOnline·May 15

Adobea Biritwum: Building Africa’s AI in education

Africa stands at a pivotal moment where artificial intelligence can reshape education, addressing deep-rooted challenges like high teacher-to-student ratios, limited resources, and unequal access between urban and rural areas.

MyJoyOnline·May 15

Government announces completion of IMF bailout programme

“Following the derailment of the IMF financial bailout programme at the end of 2024, the government of President John Mahama in 2025 acted decisively to bring it back on track and to recalibrate it by implementing a frontloaded fiscal consolidation, bold expenditure rationalisation, and strong structural reforms”, a statement from Felix Kwakye Fosu, Minister for Information stated.

Graphic Online·May 15

The hidden cost of waste valorization

Why sustainable businesses must prioritize responsible production systems In recent years, sustainability and circular economy conversations have gained significant attention across Africa and the world. More businesses are now exploring innovative ways to convert waste into valuable products, reduce environmental pollution, and promote responsible consumption. This shift is important and necessary. From agricultural waste processing to recycling initiatives and eco-friendly manufacturing, many

MyJoyOnline·May 15

Bank of Ghana’s Losses and Public Gains: Understanding the accounting cost of Ghana’s monetary stabilisation and the benefit to citizens

The Bank of Ghana’s 2025 annual financial results, released on 1 May 2025, show a significant accounting loss. This outcome has attracted considerable public commentary, and it is important that it be properly understood. An accounting loss on a central bank’s balance sheet is not, in itself, evidence of institutional failure. In Ghana’s case, it is the direct financial consequence of the monetary policy interventions that produced the most significant macroeconomic stabilisation the country has

MyJoyOnline·May 15

Italy parents’ group faces Meta, TikTok in Milan court over minors’ social media use

An Italian parents' group and a number of families faced off against Meta and TikTok on Thursday in the first hearing of a lawsuit that seeks to restrict minors' access to social media platforms.

Graphic Online·May 14

Loan defaults make digital credit expensive for everyone — MobileMoney Fintech CEO

The Chief Executive Officer (CEO) of MobileMoney Fintech Ltd, Shaibu Haruna, has urged digital finance users to borrow responsibly, warning that loan defaults ultimately increase borrowing costs for everyone in society. He explained that while digital lending had expanded access to credit for millions of first-time borrowers, customers also had a responsibility to repay loans and use borrowed funds for productive purposes. Speaking to the media after a session of the just-ended 3i Africa Summit

Graphic Online·May 14

Old Mutual calls for stronger financial education

Working Ghanaians have been urged to improve their financial planning and long-term savings habits as concerns remain over financial vulnerability and low retirement preparation. The call was made at the Old Mutual Financial Well-being Monitor event held in Accra last Wednesday to provide insight into the financial attitudes, behaviours and challenges of workers in the country. The programme also sought to promote better savings, investment and financial well-being among Ghanaians. The Group Chi

Graphic Online·May 14

UBA Ghana’s profit soars 148% ... Best in 5 years

United Bank for Africa (UBA) Ghana Limited has recorded a strong financial performance for the 2025 financial year, with profit before tax rising sharply by 148 per cent to GH¢629.93 million from GH¢253.58 million in 2024. The performance was driven by robust revenue growth, improved operational efficiency, and disciplined balance sheet management. The bank’s profit after tax also increased significantly to GH¢407.1 million, compared to GH¢164.31 million in the previous year. The Board Chairman

Graphic Online·May 14

GCB Bank sponsors 5 customers to World Cup

The Managing Director of GCB Bank PLC, Farihan Alhassan, has announced that five customers of the bank will receive fully sponsored trips to the 2026 FIFA World Cup in the United States and Canada. He said this during the grand finale of the bank’s “Pa to Pa Promo” campaign held in Accra last Friday. He said the initiative formed part of the bank’s “Pa to Pa Promo” campaign aimed at encouraging customers to develop a consistent savings culture, while rewarding their loyalty. Reward Speaking at t

MyJoyOnline·May 14

Ghana’s identity system among world’s most integrated — Moses Baiden

Founder and Chief Executive Officer of Margins ID Group, Moses Kwesi Baiden Jnr., says Ghana has developed one of the most integrated digital identity systems in the world, with the Ghana Card now serving as a key platform across several sectors of the economy. Speaking at the 2026 edition of the ID4Africa Annual General Meeting 2026 in Abidjan, Côte d’Ivoire, Mr Baiden said Ghana’s national identity system was designed from the outset to allow interoperability between institutions and public se

MyJoyOnline·May 14

Access Bank deepens commitment to drive economic growth in Ashanti Region

The Managing Director of Access Bank (Ghana) PLC, Pearl Nkrumah, has reaffirmed the Bank’s commitment to driving economic growth in the Ashanti Region, acknowledging the region’s significant contribution to Ghana’s economy.

Graphic Online·May 13

MTNGH records over 788k shares traded but closes lower on Ghana Stock Exchange

The Ghana Stock Exchange (GSE) ended trading Session 7210 on a mixed note Wednesday, with the benchmark GSE Composite Index declining while the financial stocks gauge recorded gains, official data has shown. The GSE Composite Index fell by 168.89 points to close at 14,352.08, down from Tuesday’s closing figure of 14,520.97. In contrast, the GSE Financial Stocks Index advanced by 31.32 points to settle at 8,049.64. Market capitalisation closed at GH¢264.55 billion, slightly lower than the previou

Graphic Online·May 13

Standard Chartered Ghana appoints Xorse Godzi as new CEO

Standard Chartered Bank Ghana PLC has appointed Xorse Godzi as its new Chief Executive Officer and Managing Director, effective June 11, 2026. The appointment marks a leadership transition at the bank as Mr Godzi takes over from Mansa Nettey, who is retiring after more than 25 years of service with the Standard Chartered Group. Announcing the appointment in a statement issued in Accra on Wednesday, the bank described Mr Godzi as an experienced career banker with over two decades of expertise wit

MyJoyOnline·May 13

BOPP announces GH¢0.2420 per share for shareholders

A circular from the GSE said shareholders registered in the books of BOPP at the close of business on Wednesday, May 20, 2026, will qualify for the final dividend.

MyJoyOnline·May 13

Cocoa Processing Company interdicts seven staff over GH¢4.37m audit discrepancies

Seven employees of Cocoa Processing Company PLC have been interdicted following audit findings by the Ghana Audit Service, which identified an outstanding and unaccounted amount of GH¢4,373,355.04 linked to the operations of the CPC Consumer Cooperative Shop. The audit, which examined activities covering the 2023–2024 and 2024–2025 financial years and was completed in March 2026, […]

MyJoyOnline·May 13

One by One, GOIL counts its blessings

A Story of Leadership, Discipline, Renewal and Restoration GOIL was still respected. Its name still carried history. Its colours still inspired confidence across Ghana. But behind the familiar brand was a business under strain. The Early Signs of Decline The company that had once stood comfortably as market leader was gradually losing ground. Products were […]

MyJoyOnline·May 13

U.S.–Africa Summit in Washington to focus on trade, investment and industrial growth

Senior United States policymakers, African leaders and global investors are expected to gather in Washington, D.C. next month for the African Leaders & Partners (ALP) Summit 2026, amid growing competition for strategic markets and investment opportunities across Africa. The summit, scheduled for 5 June 2026 at the Ronald Reagan Building and International Trade Center, will […]

MyJoyOnline·May 13

Ghana targets 70% 5G population coverage by March 6, 2027

The Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, has announced that government is targeting 70 percent nationwide 5G population coverage by Ghana’s Independence Day on March 6, 2027. Speaking at the 15th anniversary launch of the Ghana Chamber of Telecommunications in Accra, the Minister said the initiative forms part of efforts to […]

MyJoyOnline·May 13

Standard Chartered Bank Ghana appoints Xorse Godzi as CEO

Standard Chartered Bank Ghana PLC has announced the appointment of Xorse Godzi as the new Chief Executive Officer & Managing Director.

MyJoyOnline·May 13

Ghana likely to sign up to IMF Policy Coordination Instrument after ECF Programme ends in 2026

Ghana is likely to adopt a Policy Coordination Instrument (PCI) after completing its current Extended Credit Facility (ECF) programme in August 2026.