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GRA seals ElectroChem’s administrative block over ¢8.6m tax debt

Finance

GRA seals ElectroChem’s administrative block over ¢8.6m tax debt: What We Know

The Ghana Revenue Authority (GRA) has sealed the administrative block of ElectroChem Ghana Limited over an outstanding tax liability of GH¢8.6 million.

9 July 2026 / Source: myjoyonline.com Read

I run the UK’s biggest bank, here are five ways to manage your money

Finance

I run the UK’s biggest bank, here are five ways to manage your money: What We Know

Charlie Nunn is CEO of Lloyds Banking Group - the UK's biggest bank providing one in four current accounts - meaning he has a deep insight into customers' spending, saving and borr

9 July 2026 / Source: myjoyonline.com Read

SSNIT launches Membership Value Programme to offer contributors benefits beyond pensions

Finance

SSNIT launches Membership Value Programme to offer contributors benefits beyond pensions: What We Know

The programme introduces the SSNIT MVP Prepaid Card, which serves as both a membership identification card and a Visa-enabled prepaid card that can be used for transactions both lo

8 July 2026 / Source: myjoyonline.com Read

Financial sector fraud cases surge to nearly 25,000, exceeds GH¢100 million in value at risk

Finance

Financial sector fraud cases surge to nearly 25,000, exceeds GH¢100 million in value at risk: What We Know

According to the central bank, the sharp increase was driven almost entirely by fraud in the Payment Service Provider (PSP) sector, reflecting the rapid expansion of digital financ

8 July 2026 / Source: myjoyonline.com Read

Why African banks can no longer afford to ignore digital assets

Finance

Why African banks can no longer afford to ignore digital assets: What We Know

Africa’s financial system has advanced through mobile money, instant payments, digital lending, open banking and tokenised products.

8 July 2026 / Source: myjoyonline.com Read

GARID expenditure records raise questions over project spending as Finance Ministry defends fiscal controls

Finance

GARID expenditure records raise questions over project spending as Finance Ministry defends fiscal controls: What We Know

The debate over what caused delays to the Greater Accra Resilient and Integrated Development (GARID) Project has taken a new turn. In May 2026, the World Bank downgraded implementa

8 July 2026 / Source: myjoyonline.com Read

Only one in three staff implicated in fraud were dismissed in 2025 – BoG

Finance

Only one in three staff implicated in fraud were dismissed in 2025 – BoG: What We Know

According to the report, cash theft and cash suppression continued to dominate employee-related fraud. Of the 75 staff members dismissed, 44 were linked to cash theft-related offen

8 July 2026 / Source: myjoyonline.com Read

BoG flags GH¢40.7m cash suppression risk after single GH¢36 million fraud case

Finance

BoG flags GH¢40.7m cash suppression risk after single GH¢36 million fraud case: What We Know

The report shows that banks recorded 472 fraud cases in 2025, down from 716 cases in 2024, representing a 34% decline. Similarly, the overall value at risk in the banking sector fe

8 July 2026 / Source: myjoyonline.com Read

Financial institutions recover just 5% of fraud exposure in 2025

Finance

Financial institutions recover just 5% of fraud exposure in 2025: What We Know

The Bank of Ghana reported that total fraud cases across banks, SDIs and Payment Service Providers (PSPs) increased from 16,733 in 2024 to 24,778 in 2025, while the total value at

8 July 2026 / Source: myjoyonline.com Read

Staff involved in fraud drops 40%, but 34% of staff were dismissed – BoG

Finance

Staff involved in fraud drops 40%, but 34% of staff were dismissed – BoG: What We Know

According to the Central Bank's 2025 Fraud Report, the number of employees involved in fraud across banks and specialised deposit-taking institutions (SDIs) dropped from 365 in 202

8 July 2026 / Source: myjoyonline.com Read

Ghana cedi outlook improves as PwC projects medium term stability

Finance

Ghana cedi outlook improves as PwC projects medium term stability: What We Know

The Ghana cedi is expected to remain relatively stable in the medium term, supported by recent foreign exchange interventions by the Bank of Ghana and improving macroeconomic condi

7 July 2026 / Source: myjoyonline.com Read

Bankers expect Central Bank to hold benchmark rate

Finance

Bankers expect Central Bank to hold benchmark rate: What We Know

The Ghana Bankers Association expects the Bank of Ghana to maintain its monetary policy rate at the next meeting of the Monetary Policy Committee (MPC), despite improving macroecon

7 July 2026 / Source: myjoyonline.com Read