Skip to main content

Posts

Heroes of Change Season 8 launched as MTN doubles prize to GH¢400,000

 MTN Ghana has increased the overall prize for its flagship Heroes of Chang e initiative from GH¢200,000 to GH¢400,000 as it launched the eighth edition of the programme, aimed at recognising individuals making significant contributions to their communities. The company has also increased the prize for the 10 finalists from GH¢100,000 to GH¢200,000 each, while runner-up finalists will receive GH¢100,000 each. Speaking in an interview after the launch in Accra, Adwoa Wiafe, Chief Sustainability Officer of MTN Ghana, said the increased rewards were intended to provide meaningful support to individuals whose work was creating positive change in their communities. This year, we have taken it a notch higher. We have increased the prize money for the overall winner from GH¢200,000 to GH¢400,000. The finalists get GH¢200,000, up from GH¢100,000, and the runner-up finalists get GH¢100,000 each,” she said. She explained that the Heroes of Change programme was consistent with MTN’s broader ...
Post a Comment
Read more
Recent posts

A. Twum Jnr. Fellowship Officially Inducts Pioneer Cohort 

  The Daniel A. Twum Jnr. Fellowship has officially inducted its Pioneer Cohort, marking the formal commencement of a transformative journey for the next generation of Ghana's marketing communications professionals. The induction ceremony brought together fellows, faculty members, industry leaders, and distinguished guests to celebrate the beginning of a Fellowship built on mentorship, learning, industry exposure, and leadership development. More than a ceremonial welcome, the event set the tone for an immersive experience that will equip participants with the skills, knowledge, and perspectives needed to thrive in Ghana's evolving creative industry. Speaking at the ceremony, the Chairman of the Fellowship, Joel Nettey, encouraged the fellows to embrace every opportunity to learn, collaborate, and challenge themselves throughout the programme. He emphasized that the Fellowship represents more than professional development—it is a platform to cultivate purpose-driven leaders who...
Post a Comment
Read more

Maison Yusif’s ‘The Beast’ Roars Into London

 Maison Yusif Fragrance proudly marked another defining chapter in its journey as The Beast made its London debut at Akara London, bringing together an exceptional gathering of creators, tastemakers, fragrance lovers, and cultural voices. The intimate launch was more than the unveiling of a new fragrance—it was a celebration of craftsmanship, African creativity, and the power of scent to connect people across cultures. Throughout the afternoon, guests explored The Beast, shared conversations with the Maison Yusif team, and experienced firsthand the artistry behind one of the house’s most anticipated creations. Influencers and distinguished guests from across London joined the experience, capturing moments, exchanging stories, and discovering the inspiration behind the fragrance. Their presence reflects the growing global appreciation for authentic African luxury and artistic perfumery. What began as a dream in Ghana continues to resonate far beyond our borders. Every city we visit,...
Post a Comment
Read more

Africa Agribusiness Consortium secures 750 acres of irrigated land for vegetable production under MoFA partnership

 The African Agribusiness Consortium (AAC), a subsidiary of the Jospong Group of Companies, has secured 750 acres of irrigated land at Konadu in the Kwahu Afram Plains from the Ministry of Food and Agriculture (MoFA) to establish a large-scale vegetable production facility. The land allocation forms part of an agreement between the Ministry and AAC aimed at translating investment in agricultural infrastructure and human capital into increased food production, job creation and commercial agribusiness development. Minister of Food and Agriculture, Eric Opoku, announced the agreement when he welcomed 118 Ghanaian graduates sponsored by AAC to pursue postgraduate studies at the People’s Friendship University and RUDN University in Russia. The Konadu Irrigation Project is an agricultural infrastructure site located in the Kwahu Afram Plains South District of Ghana, featuring center-pivot systems managed under the Afram Plains-Export-LED Agricultural Enhancement and Irrigation Project (A...
Post a Comment
Read more

BoG targets NPL ratio below 10% as banks face tighter credit discipline

 The Bank of Ghana (BoG) has directed banks and specialised deposit-taking institutions to reduce their non-performing loan (NPL) ratios to no more than 10 per cent by the end of December 2026, as the central bank pushes for stronger credit risk management and financial stability. Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, said although the banking sector’s NPL ratio had improved significantly, the current level remained too high and continued to constrain the ability of banks to extend fresh credit to businesses. Dr. Asiama disclosed this at the BoG-CIRIP Ghana Forum on Non-Performing Loans and Post-Commencement Financing, held at Bank Square on Tuesday, August 4, 2026. According to him, the industry’s NPL ratio declined to 16.1 per cent in June 2026 from 23.1 per cent a year earlier, while the sector’s Capital Adequacy Ratio stood at 20.4 per cent. That is progress, not sufficiency, and 16.1 per cent remains too high,” Dr Asiama said. He said regulatory measures wer...
Post a Comment
Read more

MTN mobile money fintech turns to apps to outpace fraud

  Ghana's dominant mobile money operator is pressing the country's fintech industry to accelerate its shift from text-based USSD services to smartphone apps, arguing that the change is essential both to improve customer experience and to blunt a wave of increasingly sophisticated fraud. Shaibu Haruna, chief executive of MobileMoney (MoMo) Fintech Limited, told a gathering of industry executives including members of the Journalists for Business Advocacy (JBA) at the Fintech Partners Exchange Dialogue in Accra that payments infrastructure remained lopsided: about seven in ten customers now own smartphones, yet barely 1.2 per cent of transactions run through mobile apps, with the vast majority still processed via USSD, the menu-driven text protocol that has underpinned mobile money since its launch in Ghana more than a decade ago. The disparity, he suggested, is no longer simply a matter of consumer habit. It has become a structural vulnerability. As mobile money has grown into th...
Post a Comment
Read more

BoG directs banks to cut bad loans to 10% by end of 2026

  The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has directed all regulated financial institutions to reduce their non-performing loans (NPLs) to not more than 10 percent by the end of December 2026, warning that high levels of bad loans continue to constrain lending and weigh on Ghana's economic development. According to the Governor, although the banking sector has made significant progress in cleaning up its balance sheets, more work is needed to strengthen credit quality and create room for increased lending to businesses. Speaking at the Chartered Institute Of Restructuring and Insolvency Practitioners (CIRIP) Ghana–Bank of Ghana Forum in Accra, Dr. Asiama disclosed that the industry's NPL ratio had declined to 16.1 percent at the end of June 2026, down from over 23 percent during the same period last year, while the sector's Capital Adequacy Ratio stood at 20.4 percent. He said the improved capital position gives banks greater capacity to take car...
Post a Comment
Read more