Stay away from ‘BitCash’ money doubling scheme.... BoG warns

Fraud within Ghana’s traditional banking sector declined sharply in 2025, but a surge in electronic fraud at Payment Service Providers (PSPs) pushed overall financial sector fraud to a record high.

The Bank of Ghana (BoG) has unveilled its most significant overhaul of Ghana’s rural banking sector in decades, announcing that all rural banks will transition to community banks by end-2026.

West African governments are exploring carbon taxation as a potential new source of revenue and a tool to support climate action, with regional tax authorities beginning work on a framework that could influence how businesses across the bloc account for carbon emissions.

The Controller and Accountant-General's Department (CAGD) has moved to clarify the accounting treatment of funds earmarked for the Accra-Kumasi Expressway, dismissing social media claims that the government has spent almost GH¢11billion on the project despite construction not having started.