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Showing posts from July, 2026

Mining Stakeholders Call for Greater Value Retention to Drive Ghana's Economic Transformation

  Industry leaders, policymakers and development experts have called for bold policy reforms to ensure Ghana derives greater economic value from its vast mineral resources, stressing that the country's mining sector must move beyond mineral extraction to become a catalyst for industrialisation, job creation and sustainable development. The call was made at the Ghana Chamber of Mines' Mining Forum, held under the theme "Strategic Mining, Value Retention and Development." The forum brought together senior government officials, mining executives, policy analysts and industry stakeholders to deliberate on strategies for increasing local value addition, strengthening domestic supply chains and ensuring that mining revenues contribute more significantly to Ghana's long-term economic transformation. Opening the discussion, Chief Executive Officer of the Ghana Chamber of Mines, Ing. Kenneth Ashigbey, underscored the need for a strategic national approach that positions m...

Stanbic Bank Intensifies Climate Action with 50,000 Tree Planting Initiative

Kwamina Asomaning, Chief Executive, Stanbic Bank Ghana  Stanbic Bank Ghana has reaffirmed its commitment to environmental sustainability with a large-scale tree planting exercise aimed at supporting Ghana’s climate resilience efforts and reducing carbon emissions. The initiative, which forms part of the bank’s Environmental, Social and Governance (ESG) agenda, saw hundreds of staff participate in the planting of more than 10,000 trees at one of three designated locations across the country; Chipa, Juaso and Tamale. The exercise contributes to the bank’s broader target of planting 50,000 trees this year and one million trees in the long term. Speaking during the exercise, the Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, said the program reflects the bank’s belief that economic growth and environmental responsibility must go hand in hand. According to him, the increasing impact of climate change, rising temperatures and unpredictable weather conditions demand practical a...

Better deal structures can unlock financing for small-scale mining sector – Stanbic Bank

 Benjamin Nana Kwesi Mensah, Associate, Mining & Metals, Corporate and Investment Banking at Stanbic Bank, has said access to financing for Ghana’s small-scale mining sector can be significantly improved through stronger deal structures, greater transparency and enhanced governance practices. Speaking during a panel discussion on investment opportunities in the small-scale mining sector at the West African Mining and Power Exhibition (WAMPEX) 2026, Mensah highlighted the growing importance of the sector to Ghana’s gold industry while drawing attention to the challenges that continue to limit access to formal financing. According to him, the small-scale mining industry has become an increasingly important contributor to national gold production, creating jobs, supporting local economies and strengthening foreign exchange earnings. However, despite its growing economic significance, many operators continue to struggle to attract the level of investment needed to expand and modern...

Stanbic Bank Strengthens Fraud Fight with AI-Powered Monitoring Systems

 Stanbic Bank Ghana is stepping up its fight against financial fraud through investments in advanced technology, including artificial intelligence-driven monitoring systems designed to identify suspicious activities, strengthen fraud detection and protect customer assets. The Chief Risk Officer of Stanbic Bank Ghana, Felicity Osafo Sampong, disclosed this at the Stanbic Bank/Graphic Business Breakfast Meeting held in Accra on Tuesday, June 16, 2026. The event, which brought together regulators, banking executives, fintech leaders, telecommunications operators and security agencies, was held on the theme, “Shine Your Eyes: Combating Financial Fraud in Ghana through Collaboration and Innovation.” Speaking during a panel discussion on the growing threat of financial crime, Mrs. Osafo Sampong said financial institutions must continually adapt their risk management approaches to keep pace with increasingly sophisticated fraud schemes. Beyond awareness and education, we are investing in ...

The Case For Travel Cards And Why Ghana's Travellers Have Everything To Gain

  Millions of people travel across the world each year for different reasons, but regardless of the purpose, there is always a mix of excitement and anxiety. Excitement about discovering new cultures and experiences is often paired with concerns about money. Can I pay with cash? Will my bank card work? How much will it cost? For many modern travellers, one solution has eased these concerns: the prepaid travel card. In Ghana, where the cedi’s volatility makes financial planning more complex, this is even more relevant. Losing money to exchange rate movements, hidden conversion fees or card fraud can disrupt a holiday, strain a business trip, or complicate studies abroad. Understanding how travel cards work, and how they evolved, can significantly improve financial confidence when travelling. From Forgotten Wallet to Payment Card The payment card traces its origins to 1950, when American businessman Frank McNamara forgot his wallet at a New York restaurant. Embarrassed but inspired, ...

MTN recognised among global telecom leaders in Ranking Digital Rights Index, ranks second worldwide

  MTN Group, Africa’s largest telecommunications operator, ranks second globally in the 2026 Ranking Digital Rights Index – becoming the first telecommunications company headquartered in an emerging market to place among the top three performers worldwide. This achievement marks a significant milestone in the Group’s efforts to strengthen transparency, governance and the protection of digital rights for citizens across its markets. The RDR Index is widely regarded as a global benchmark for corporate accountability in the technology and telecommunications sector, evaluating how companies uphold fundamental human rights, including freedom of expression and privacy, through their policies, governance frameworks and public disclosures. Against this global backdrop, MTN achieved a score of 42 out of 100, sustaining a strong momentum in improving transparency this assessment cycle. MTN climbed from sixth place in the previous ranking to second place. Commenting on the Group’s performance...

Newmont Supports University of Ghana Health Services with Critical Medical Equipment

  Newmont has supported the University of Ghana Health Services at Legon with a donation of essential medical equipment valued at over GHS 290,000, reinforcing its commitment to safety and strengthening healthcare delivery in Ghana. The equipment was donated following a request from the Internal Medicine Department of the facility, which provides care to a large number of patients, including emergency and critically ill cases. The unit had been facing challenges due to limited medical equipment, affecting workflow efficiency and patient outcomes. Originally established to serve university staff and their dependents, the University of Ghana Health Services facility has, over time, evolved into a district-level hospital. It now provides care to surrounding communities within Legon and beyond, receiving referrals from as far as the Mampong Hospital in the Eastern Region. This growing demand has further underscored the need for adequate equipment to support quality care. To help streng...

Mobile Money Merchant Solutions Unlocking Growth and Access to Finance for Ghana’s SMEs – MobileMoney Fintech LTD CCOO

  S mall and medium-sized enterprises (SMEs), widely recognised as the engine of Ghana’s economy, are increasingly leveraging mobile money and digital payment solutions to improve operational efficiency, strengthen financial management and unlock new opportunities for growth and access to credit, according to MobileMoney Fintech LTD (MMFL). Speaking ahead of the 2026 World SME Day, observed on June 27, Abdul Razak Issaka-Ali, Chief Commercial Operations Officer of MobileMoney Fintech LTD, said digital financial services have evolved beyond simple money transfers to become essential business tools that help entrepreneurs address key operational challenges. He noted that many SMEs still struggle with cash handling, theft and limited visibility over daily transactions. Digital payments, he said, are helping business owners manage their finances more effectively while reducing the risks of carrying or storing cash. At the heart of this evolution is MMFL’s commitment to transforming the...

NADMO, Zoomlion Launch Multi-Site Drain Clearing Exercise to Curb Flooding in Greater Accra

  The National Disaster Management Organisation (NADMO), in partnership with Zoomlion Ghana Limited and other collaborating institutions, on Wednesday, July 1, 2026, intensified its flood preparedness efforts with a large-scale drain-clearing exercise at multiple flood-prone locations across the Greater Accra Region to improve the free flow of stormwater and minimise the risk of flooding ahead of the next expected rains. The exercise forms part of the 12-week “No Do No Do” campaign, launched last month to promote environmental responsibility, strengthen flood preparedness and complement ongoing public education with practical interventions. Under the campaign, NADMO and its partners are undertaking post-flood assessments and desilting exercises while encouraging residents to desist from indiscriminate dumping of refuse into drains. Addressing the media during the exercise, the Greater Accra Regional Director of NADMO, Dennis Nartey, said the campaign was introduced in response to t...

Floods Don't Happen by Chance

  By Dr Robert Kwaku Adjei Flooding Is Not Entirely Natural Every rainy season, flooding returns to Accra and many other towns and cities across Ghana. Homes are submerged, businesses suffer heavy losses, roads become impassable, public infrastructure is damaged, and, tragically, lives are sometimes lost. After every major flood, public attention quickly turns to government, climate change, drainage systems, or rainfall intensity. While these are undoubtedly important factors, they do not tell the whole story. The uncomfortable truth is that many of our floods are preventable. Rain may be natural, but flooding on the scale we repeatedly experience is largely a human-made disaster. Every year, thousands of tonnes of plastic waste, silt, sand, household refuse, and construction debris enter drains, streams, lagoons, and rivers. As these drainage channels become blocked, stormwater has nowhere to flow, leading to widespread flooding. The current flooding in Accra and several parts of ...

Flooding In Ghana: Are We Paying The Price For Policy Misjudgment?

  By Francis Atayure Abirigo The recent flooding in major cities across Ghana, particularly in Accra, has once again exposed the deep cracks in our sanitation and waste management systems. Lives have been disrupted, homes submerged, businesses destroyed, and livelihoods threatened. Gutters are choked with plastic and solid waste. Rivers and drains can no longer contain the pressure of heavy rains. The result is devastation. As Ghanaians search for answers, one uncomfortable question must be asked: Did the cancellation of the YEA-Zoomlion sanitation contract contribute significantly to the sanitation crisis we are witnessing today? Answer is yes. But this question is not about assigning simplistic blame. It is about honestly assessing whether decisions made in the name of reform have produced better outcomes or worsened existing problems. For over a decade, my brother one of Ghana’s investigative journalists Manasseh Azure Awuni consistently criticized Zoomlion Ghana Limited and its...

The Rising Flooding Crisis in Ghana and the Urgent Need to Reinstate the YEA- Zoomlion Contract

 Ghana is once again witnessing severe and devastating flooding across several parts of the country, particularly within the Greater Accra Region. Homes, shops, roads, businesses, and public infrastructure have been destroyed, while many innocent Ghanaians continue to suffer painful losses, displacement, and economic hardship due to the recurring floods. A major contributing factor to the worsening flooding situation is the discontinuation of the Youth Employment Agency (YEA) street sweeping and public cleansing contract with Zoomlion Ghana Limited. Since the expiration and non-renewal of the contract, visible sanitation challenges have resurfaced across many communities. Choked gutters, uncollected waste, silted drains, and indiscriminate dumping of refuse have become increasingly common, significantly affecting the free flow of water during heavy rains. It is important to recall that following the devastating June 3, 2015 floods and disaster, Ghana did not experience flooding of ...