Kofi Ahovi

 Iran's Supreme Leader Ayatollah Ali Khamenei has been killed after Israel and the US launched a "massive" and ongoing attack against Iran's leadership and military. US President Donald Trump has urged Iranian forces to lay down their arms, and for Iran's people to rise up against its government. Iran has responded by firing ballistic missiles and drones at US assets and allies across the region, targeting Israel, Bahrain, Kuwait, Qatar, the United Arab Emirates and Jordan. On Sunday, Israel said it had launched fresh attacks on "the heart of Tehran", as Iranian attacks across the region also continued. Here's what we know.       Why have the US and Israel attacked Iran? Trump has said the aim of the operation is to "ensure that Iran does not obtain a nuclear weapon". We're going to destroy their missiles and raze their missile industry to the ground. It will be totally again obliterated," he said in an eight-minute video posted on...

  Global oil prices have risen as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel. Brent crude, the global benchmark for oil prices, jumped by 10% to touch more than $82 a barrel on Monday after at least three ships were attacked near the Strait of Hormuz at the weekend. Natural gas prices also surged by as much as 25%. Iran warned vessels not to pass through the crucial waterway in the south of the country, through which about 20% of the world's oil and gas is shipped. In London, the FTSE 100 stock market index opened nearly 1% down with shares in airlines falling after airspace was closed across the Middle East. Leading stock markets in Europe sustained bigger drops. In France, the CAC-40 fell by 1.6% while Germany's Dax dropped by 1.7%. Meanwhile, the price of gold, which is viewed as a safe-haven asset during periods of uncertainty, added 2.3% to $5,395.99 an ounce. International shipping has almost come to a stand...

  By Nancy Evelyn Korkor Oheneba-Dornyo Banking is often seen as a numbers game—figures on screens, reports, projections, and targets. Yet behind every loan approval, treasury trade, risk assessment, or customer decision is a human mind working under pressure. In Ghana’s fast-evolving financial sector, bankers are required to think clearly and act decisively in environments shaped by regulatory demands, economic uncertainty, digital transformation, and intense performance expectations. Mental resilience has therefore become not just a personal asset, but a professional necessity. The Reality of Stress in Ghana’s Banking Sector Ghana’s banking industry has experienced significant changes over the past decade. From sector clean-ups and stricter regulatory oversight by the Bank of Ghana to heightened competition and the rise of fintechs, professionals in the industry are constantly adapting. These changes, while strengthening the system, have increased cognitive and emotional demands ...

 A 42-year-old woman and her three sons have drowned in an abandoned illegal mining pit at Wassa Dunkwa in the Amenfi West Municipality of the Western Region. The tragic incident occurred on Saturday afternoon when the family reportedly went to fetch firewood near a galamsey site. An eyewitness told Joy News that residents in the area often visit the location to collect dried cocoa trees for firewood. According to the eyewitness, after gathering the firewood and placing it by the roadside, the children decided to swim in a nearby pit left behind by illegal miners. The pit, which had been filled with water, turned fatal when the children began to drown. Their mother, upon noticing the distress of her children, rushed in to rescue them. However, she was unable to save them and also drowned in the process. The bodies were retrieved and conveyed to the morgue at the Catholic Hospital in Asankragwa. Police at Asankrangwa have commenced investigations into the incident. Assembly Member f...

  MobileMoney LTD has signalled its intention to take legal action against what it describes as misinformation circulating on social media following a viral TikTok video alleging a Mobile Money (MoMo) fraud incident. While acknowledging the right of individuals to share their experiences, the company cautioned against what it described as unverified public commentary that could mislead customers and damage trust in digital financial services. At MobileMoney LTD, we remain committed to transparency, customer protection and factual public discourse,” the company said. “However, where misinformation threatens our reputation and service integrity, the Company may take legal action or any other measures it deems appropriate.” The firm did not specify the nature of the potential legal action but maintained that it reserves the right to protect its brand and reassure customers. In a statement issued in Accra on March 1, 2026, the company responded to claims made in a video posted by the ...

Scancom PLC (MTN Ghana) paid a total of GHS10.5 billion in direct and indirect taxes to the Government of Ghana in 2025, up sharply from GHS8.6 billion in 2024, underscoring its growing contribution to the national fiscus as earnings and shareholder returns strengthened significantly. The telecoms leader delivered robust financial results for the year ended December 2025, with profit after tax climbing 55.9 percent to GHS7.8 billion, compared with GHS5.03 billion in the previous year. Earnings per share rose in tandem by 55.9 percent to GHS0.5923, reflecting improved operational performance and sustained revenue expansion. Revenue and profitability momentum Service revenue increased by 36.2 percent year-on-year to GHS24.4 billion, driven primarily by strong growth in data consumption and Mobile Money services. The company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) grew even faster, rising 43.5 percent to GHS14.7 billion. As a result, the EBITDA margin im...

 The  Ghana Football Association  (GFA) has assured the public that it is closely monitoring the situation in the Middle East following recent developments that have raised concerns about the safety of the Black Queens, who are currently in the region preparing for an international tournament. In response, GFA President  Kurt Okraku met with the team to appeal for calm and reassure them of the Association’s full support.   Black Queens He noted that within the past 24 to 48 hours, the GFA has engaged key stakeholders to determine the appropriate course of action. These include Ghana’s mission in the United Arab Emirates, the Ministry of Foreign Affairs, and the Association’s security advisers. Meanwhile, the Minister for Foreign Affairs,  Samuel Okudzeto Ablakwa , and the Minister for Sports and Recreation,  Kofi Adams , have both reached out to the team to express the nation’s support during this period. The GFA has urged the public to remain calm as...

  Ghana has slipped seven places in the latest Global Mining Investment Attractiveness Index, dropping from 46 out of 82 jurisdictions in 2024 to 53rd out of 68 in 2025. In 2024, Ghana scored 56.98%, placing it 46th. In 2025, the score dipped slightly to 55.21%, but the larger drop in ranking reflects significant gains by other countries assessed in the survey. The Fraser Institute's Annual Mining Survey evaluated how mineral endowments and public policy factors, such as taxation and regulatory uncertainty, influence exploration investment. On the African continent, Ghana ranked 8th out of 16 countries, just two steps ahead of South Africa, with an overall score of 55%. Survey methodology The survey was conducted electronically between August 5 and November 26, 2025, and targeted approximately 2,304 mining professionals. Respondents included over 46% company presidents or vice-presidents, and more than 25% were managers or senior managers. Participating companies rep...

 Banks in Ghana recorded GH¢15.0 billion profit for the year 2025 compared to GH¢10.4 billion in 2024. According to the Banking Sector Developments report, this was a 43.5% growth compared with 26.2 percent the previous year. Similarly, profit before tax (PBT) grew 38.4% in December 2025, compared with 24.4% in December 2024.   Apart from other income, which recorded a higher growth rate in 2025 relative to 2024, all income lines grew, albeit at a slower pace in December 2025 compared to the same period last year. The growth in net interest income was lower at 16.4% in 2025 from 18.0% in 2024, reflecting the decline in growth in interest income, which was due to the decline in lending rates and rates on money market instruments during the review period. The fees and commissions, however, grew by 9.5% in 2025 relative to a growth of 25.8% in 2024. Similar declines in growth in cost lines outweighed the impact of the decline in growth in income lines on the bottom line. The bank...

Some Oil Marketing Companies (OMCs) have started adjusting fuel prices at the pumps today March 1, 2026. This follows industry projections that petroleum product prices would rise by between 1% to about 3% per litre. Checks indicates that GOIL has adjusted petrol prices, selling a litre at GH¢10.46, up from the previous price of GH¢10.24 The price of diesel has been kept unchanged at GH¢ 12.53 GOIL says these figures reflect discounted prices offered at 200 service stations nationwide. This suggests prices at other GOIL stations could be higher. The development also shows that GOIL has adhered to the price floor announced by the National Petroleum Authority (NPA) for petrol, but has priced diesel above the floor of GHC 11.42 Other major OMCs have told Joy Business that they will adjust prices possibly today or in the coming days. Some have also indicated that they will monitor competition before reacting. With strict compliance expected around the NPA price floor, in...

 Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, Goosie Tanoh, has issued a strong warning against individuals and groups he described as “economic saboteurs” who abuse Ghana’s customs transit, bonded warehouse and auction regimes for personal gain. Speaking at the 5th Annual General Meeting of the Customs House Agents Ghana (ACHAG) in Akosombo over the weekend, Tanoh said the persistent practices of misclassification and undervaluation of goods at the ports were undermining government revenue mobilisation and threatening the country’s economic transformation agenda. It is my fervent hope that the malfeasance and outright economic sabotage of those who abuse the customs transit regime and bonded warehouse system will be a thing of the past,” he stated, stressing that such acts deprive the state of much-needed revenue for critical social services such as health, education and housing. Tanoh expressed optimism that the ongoing integration of Customs, t...

  The CEO of Akwaaba UK, Dennis has made a shocking revelation about his regrets as a promoter and event manager. In a recent interview on Konnected Minds, Akwaaba UK admitted that his biggest regret was not booking Africa’s highlife giant Bisa Kdei for a bigger venue in the UK. According to Dennis, who has over the years worked with series of top musicians including Sarkodie, Shatta Wale, Daddy Lumba etc. the demand from fans to see the "Mansa", Asew" "Brother Brother" and "Mon Bebe" hitmaker was overwhelming. Akwaaba UK admitted that over the years as an international event manager, he never sold tickets as fast as Bisa Kdei's tickets, and believes looking at the turn up for Bisa Kdei he could have easily filled the venue for two consecutive nights, yet he did for only one. Bisa Kdei who is currently regarded as one of Africa’s highlife giants, has proven that his music travels far beyond Ghana, making huge impacts in the international markets f...

To accommodate international vehicles whose accounts may not be integrated into the local system, the association proposes reserving a dedicated single lane at toll booths for trucks and cars from foreign countries.  The Alagumgube Association, a community and developmental organization representing Farefari (Frafra)-speaking people primarily from the Upper East Region, has thrown its support behind President John Dramani Mahama's recent announcement to reintroduce road tolls in Ghana. The group, founded by Gabriel Agambila, views the initiative as a critical step toward generating revenue for road maintenance and new infrastructure projects. In a statement, Agambila, who leads Alagumgube Global, expressed alignment with the President's vision, which emphasizes technology-driven toll collection for greater efficiency, transparency, and accountability. To enhance the proposed toll system, Alagumgube is advocating for the implementation of an EZ-Pass-style electronic tolling mech...

 The MTN Ghana Foundation will officially hand over the completed, expanded Accident & Emergency (A&E) Block at Ho Teaching Hospital. The official handover ceremony will take place on Thursday, March 5, 2026, bringing together key stakeholders, traditional authorities, community leaders, health professionals and representatives of the MTN Ghana Foundation to celebrate this important project. The newly constructed A&E Block, initiated in June 2024, features modern equipment aimed at enhancing emergency medical care, improving accessibility, ensuring convenience for patients, staff, visitors and patient outcomes in the Volta Region. The MTN Ghana Foundation continues to demonstrate its unwavering dedication to advancing healthcare delivery in Ghana. As the Foundation prepares for the upcoming handover ceremony, it reaffirms its commitment to supporting impactful initiatives that enable communities to access quality medical services and drive meaningful progress in the reg...