Kofi Ahovi

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Bank of Ghana Suspends Proposed MoMo Wallet-to-Bank Transfer Fee

The Bank of Ghana has directed Mobile Money Fintech Limited to suspend the implementation of its proposed 0.75 percent fee on wallet-to-bank transfers pending further stakeholder consultations. The proposed fee, which was scheduled to take effect from June 1, 2026, would have applied to transfers from mobile money wallets to bank accounts and was capped at GH¢5 per transaction. In an earlier message to customers, Mobile Money Fintech Limited had announced: “From 1 June 2026, transfers from your MoMo Wallet to bank accounts will attract a fee of 0.75% per transaction, capped at GHS 5. This will help us continue to serve you better.” However, in a statement issued subsequently, the central bank said the fee implementation had been put on hold to allow for further engagement and consultation. The Bank of Ghana informs the public that Mobile Money Fintech Limited (MMFL) has been directed to pause the implementation of its proposed 0.75 percent fee on direct wallet-to-bank transfers,”...

MTN Reaffirms Commitment to Africa’s Digital Future on Africa Day

MTN Group has reaffirmed its commitment to driving Africa’s digital transformation and economic growth, describing the continent’s youthful population and expanding digital infrastructure as critical to unlocking future prosperity. In a statement to mark Africa Day 2026, the telecoms giant said its pan-African identity remains central to its operations and long-term vision of supporting development across the continent. The company quoted Ghana’s first President, Kwame Nkrumah, “I am not African because I was born in Africa, but because Africa was born in me,” to reaffirm its position. MTN Group President and Chief Executive Officer, Ralph Mupita, said the company remains committed to using technology and digital platforms to unlock opportunities for millions of Africans. Our Pan-African roots run deep, and today we are humbled and proud to acknowledge these,” he said. “Our continent has enormous potential, and we are committed to helping unlock this through our networks and pla...

Ghana Chamber of Mines Launches 2026 Safety Competition, Pushes for Zero Fatalities

The Chief Executive Officer of the Ghana Chamber of Mines, Kenneth Ashigbey, has reaffirmed the mining industry’s commitment to achieving zero fatalities and strengthening safety standards across mining operations in Ghana. Speaking at the 2025 Mine Performance Awards and the launch of the 2026 Inter-Mines First Aid and Safety Competition in Accra, Dr. Ashigbey said safety remains the foundation of responsible and sustainable mining. Safety remains the foundation of responsible mining. Without safety, there can be no sustainable productivity, no operational excellence, and no social licence to operate,” he stated. He stressed that no operational target should come at the expense of human lives. No production target, operational milestone, or business objective is worth the loss of a single life,” he said. “Every worker who leaves home for work must return safely to their family at the end of the day.” According to Dr. Ashigbey, the mining industry recorded improved safety perform...

MTN Ghana Partners With Pilgrims Affairs Office To Support 2026 Hajj Pilgrimage

Chairman of the Ghana Hajj Board and Pilgrims Affairs Office of Ghana (PAOG), Alhaji Abdul-Rauf Tanko Ibrahim, has commended MTN Ghana for its longstanding support for the Hajj pilgrimage through the provision of communication services. He noted that MTN has remained a dependable partner, helping to ensure seamless connectivity for pilgrims over the years. He also expressed appreciation to MTN for its continued support of Muslims during important religious events and gatherings, noting that partnerships with organisations such as MTN play an important role in supporting communities and providing essential services that make it easier for travellers to stay connected and navigate their journeys. Alhaji Abdul-Rauf Tanko Ibrahim made these remarks when MTN visited the Hajj Village to present its support package for this year’s pilgrimage to the Pilgrims Affairs Office of Ghana in support of the 2026 Hajj pilgrimage to the Kingdom of Saudi Arabia. The sponsorship package, valued at G...

MTN Ghana Celebrates 30 Years Of Connecting People, Powering Progress And Building Ghana’s Digital Future

MTN Ghana is marking thirty years of operations with a renewed pledge to serve as a strategic partner in Ghana's national development, announcing major investments in fibre infrastructure, network modernisation and sustainable digital platforms to carry the country confidently into its next chapter of digital transformation. The milestone was officially launched on May 14, 2026, at MTN House in Accra, under the theme “30 Years of Progress, Powered by You,” at an event attended by the Minister of Communications, Digital Technology and Innovation, Samuel Nartey George, and a cross-section of the media. Speaking at the launch, the Chief Executive Officer of MTN Ghana, Stephen Blewett, described the anniversary as more than a corporate celebration, calling it a uniquely Ghanaian story shaped by connection, inclusion and shared progress over three decades. “This is not just about towers and cables. It is about people, farmers, traders, students, nurses and entrepreneurs whose lives hav...

Govt Reaffirms Commitment to Investor-Friendly Mining Sector

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has assured stakeholders in the mining industry that government remains committed to maintaining a predictable, transparent and investor-friendly mining environment, dismissing suggestions of any blanket policy to nationalise mining assets. Speaking after a breakfast meeting with stakeholders in the mining industry, the Minister said government’s focus is to create a “win-win” partnership with investors while ensuring Ghana derives maximum value from its mineral resources. They're committed to an industry that is predictable, an industry that is transparent, an industry that is renewed-based, and we are committed to working with investors that come to Ghana with a win-win mindset,” he stated. He further noted that the government of Ghana has not fashioned out a blanket policy of nationalizing State resources, but what it has rather sought to do is to deal with issues on a case-by-case basis. Our goal is ...