Lawrence Segbefia

4 days ago | myjoyonline.com | Lawrence Segbefia

The Chamber of Oil Marketing Companies (COMAC) has refuted claims that its members are not reducing fuel prices as much as it should in line with the deregulated pricing framework implemented by the National Petroleum Authority (NPA). The chamber in press statement explained that it is erroneous to base adjustment in fuel prices on only the performance of the cedi to the dollar.

4 days ago | myjoyonline.com | Lawrence Segbefia

The Bank of Ghana (BoG) has rolled out new set of regulatory measures targeted at interest charges on digital platforms, pricing on forex (fx) transactions, Non-Performing Loans and recapitalization of commercial banks in the country. Some of the new directives will take off from July and August 2025, while another set of the  regulations will take effect from 2026, especially, in capping Non Performing Loans of financial institutions at 10 percent.

4 days ago | myjoyonline.com | Lawrence Segbefia

The Minister for Communications, Digital Technology and Innovation, Samuel Nartey George, has revealed that the government is working on plans to revamp AirtelTigo to ensure more efficient operations and improved service delivery in Ghana’s telecom sector. The Government of Ghana in 2021 completed the takeover of the ownership of AirtelTigo, from Bharti Airtel. This announcement was made during a meeting with the Chief Executive Officers and technical teams of MTN, Telecel, and AirtelTigo.

1 week ago | myjoyonline.com | Lawrence Segbefia

Academic City University has emerged as the winner of the maiden edition of the National Banking and Ethics Challenge, narrowly beating the University of Ghana by just three points in a tensed final showdown. Organized by the Chartered Institute of Bankers (CIB), Ghana, the competition aims to promote financial literacy and ethical standards among university students.

1 week ago | myjoyonline.com | Lawrence Segbefia

Sidi Ould Tah of Mauritania has been elected President of the African Development Bank (AfDB) Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or Central Bank Governors of the Bank Group’s 81 regional and non-regional member countries. The board is the highest decision-making authority for the Bank Group.