Kofi Ahovi

  By Samuel Dowuona  As legal proceedings involving Zeepay Ghana Limited continue, documents filed in court and information emerging from related proceedings have raised questions about some of the allegations surrounding the company, its founder and Chief Executive Officer, Andrew Takyi-Appiah. The matters remain before the courts and other regulatory bodies, and several of the issues in dispute have yet to be conclusively determined.   Ahead of the final determination of the issues before the courts and other regulatory bodies, the financial industry regulator, Bank of Ghana has suspended Zeepay’s DEMI (dedicated electronic money issuer) license citing “multiple regulatory breaches.” But there are still several unanswered questions. The Mobile Money Wallet at the Centre of Allegations One of the allegations that has received significant public attention is the claim that customer funds were processed through what has been described as the CEO’s personal MTN Mobile Money...

  The D. A. Twum Jnr. Fellowship has officially announced its inaugural cohort of fellows, marking the beginning of a transformative journey for a select group of emerging creatives from across Ghana. Following a competitive application and interview process, the fellows were selected based on their potential, passion for creativity, and commitment to building careers within the marketing communications industry. The announcement coincides with the official commencement of the Fellowship, a three-month immersive program designed to equip young talent with practical skills, industry knowledge, mentorship, and real-world exposure. Throughout the Fellowship, participants will engage in masterclasses led by industry professionals, agency visits, mentorship sessions, and hands-on learning experiences aimed at preparing them for the realities and opportunities within Ghana's creative and marketing communications landscape. Established in honour of the late Daniel A. Twum Jnr., the Fellow...

  MTN Ghana has identified the connected home as the next major driver of its growth strategy, positioning broadband connectivity as the foundation for Ghana's digital transformation. Speaking at the Bright Media Conversations (BMC), Richard Acheampong, Chief Home Officer of MTN Ghana, said changing consumer behaviour and advances in digital technology have made the home the centre of work, education, entertainment and business, prompting the telecommunications company to make significant investments in home connectivity. The Bright Media Conversations is a knowledge-sharing platform that brings together experienced professionals to engage journalists and the public on emerging trends and national development issues. According to Acheampong, MTN's Ambition 2026 strategy is built around three key pillars—connectivity, consumer digital services and enterprise solutions—with the home business playing a central role in the company's long-term vision. We believe that the future ...

  MTN Ghana says delivering a reliable and consistent customer experience—not simply advertising faster internet speeds—is the cornerstone of its expanding home broadband business. Speaking at the Bright Media Conversations (BMC), Richard Acheampong, Chief Home Officer of MTN Ghana, said consumers ultimately judge internet service providers by whether the service works seamlessly when they need it. According to him, while broadband speed remains an important technical measure, customers are more concerned about uninterrupted connectivity that supports their everyday activities. The first thing customers want is internet that works," he said. Acheampong explained that delivering that experience requires substantial investment in network infrastructure that customers rarely see, including fibre-optic cables, street cabinets, transmission equipment and advanced digital technologies. Using a water supply analogy, he said consumers do not worry about the size of underground pipes; they...

  Maison Yusif Fragrance is proud to announce the official launch of Africa’s first-ever perfume store on wheels, a groundbreaking retail concept designed to bring the world of luxury niche perfumery closer to people than ever before. Now permanently stationed at our Tseaddo Branch, the perfume truck is more than just a mobile retail space—it is a fully immersive fragrance boutique where visitors can discover, experience, and purchase our handcrafted collections in an entirely new way. The launch welcomed fragrance lovers, loyal Maisoners, curious first-time visitors, and members of the public, all eager to witness this milestone. The excitement, conversations, and overwhelming support reminded us why we continue to push the boundaries of what is possible for African luxury. As Ghana’s pioneering niche fragrance house, Maison Yusif Fragrance has always believed that Africa deserves to lead through creativity, craftsmanship, and innovation. The launch of this perfume truck is anothe...

  Small and Medium-sized Enterprises (SMEs) in Ghana continue to face steep borrowing costs, with lending rates varying widely across commercial banks despite increasing competition in the financial sector. The latest Bank of Ghana Annualised Percentage Rate (APR) Report for May 2026 shows that interest rates on SME loans remain significantly higher than those available to large corporate borrowers, underscoring the elevated risk premium banks continue to assign to the sector. According to the report, Guaranty Trust Bank Ghana recorded the highest annualised percentage rate for one-year SME loans at 33.58 percent, while Standard Chartered Bank Ghana offered the lowest rate at 11.03 percent. The more than 22-percentage-point gap highlights the significant differences in the cost of credit available to small businesses across the banking industry. For three-year SME loans, Universal Merchant Bank (UMB) quoted the highest APR at 31.09 percent, whereas Stanbic Bank Ghana offered the mo...