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.
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.
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.
Construction of the first phase of the 1,500-megawatt Buipe solar power project under the Government's 24-Hour Economy and Accelerated Export Development (24H+) Programme will commence next month, Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, Hon. Augustus Goosie Tanoh, has announced.
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