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Newspapers Are an Endangered Species in Ghana — High Commissioner Harruna Attah

Ghana’s High Commissioner to Namibia and Botswana, H.E. Abdul-Rahman Harruna Attah, has called for stronger self-regulation within Ghana’s media industry, cautioning against government interference as a solution to declining content quality. Speaking with Business Outlook Africa,on the state of the media landscape, the veteran journalist, publisher and author stated that professional associations within the industry currently have no bite, noting that questionable content often goes unchecked despite being in bad taste. “There’s so much around but so very little quality sadly yeah so very little quality in our media. It has to go with the professionals i realise we have um professional associations that have no bite,until the professionals will sit up and insist.And see the government can’t do much the government when it does something to interfere will be called being anti-media yeah.” he stated Abdul-Rahman Harruna Attah, also described newspapers as an endangered species in Ghana, attributing their decline to a broader lack of reading culture within society. “You see, the society we serve is not very sophisticated, so to speak. They don’t buy newspapers.We don’t love reading. That’s the thing. We don’t like reading.We don’t read. So newspapers are an endangered species.,” he stated. Harruna Attah cautioned that the trend reflects a deeper problem with Ghana’s educational system, stating that children must be motivated to read not merely to pass examinations, but to expand and open their minds. “So we have to improve our educational system. When you go round and round, it comes down to the educational system. To motivate our children to read.Not necessarily to pass exams, but just to read, to expand their minds.” He added The High Commissioner also added that even though he finds Technology and AI as an interesting development and part of human development,we cannot afford to overly rely on it citing inaccuracy in some situations as an extreme caution. “So AI, I find very, very interesting.But we can’t also rely on it for everything we do.Because sometimes AI gets it wrong, really, really wrong. And that’s when the problems start coming.” The Commissioner added He therefore urged media practitioners to embrace AI as a tool to advance the cause of their work, arguing that it represents an inevitable dimension of human progress that cannot be ignored. “The time has come, and we have to make use of it. I think AI is part of human development. So we have to hold it tight,” he cautioned.

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Government settles US$700m Eurobond obligation ahead of schedule

The Ministry of Finance has fully settled its Eurobond obligation of US$700 million ahead of schedule. In a press release dated July 6, 2026, the Ministry stated that the payment which was made on Thursday, July 2, 2026, comprises of US$525.2 million in principal repayments and US$174.8 million in interest payments. With this latest payment, Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025, in accordance with the terms of the Eurobond Debt Exchange Programme. It further stated that the payment was made through the Government’s planned financing arrangements, without undue pressure on the country’s foreign exchange reserves. The Ministry noted that the settlement reduces Ghana’s outstanding Eurobond debt, strengthens investor confidence, and demonstrates the Government’s commitment to prudent debt management and macroeconomic stability. It stated that the Ministry will continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations.

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Fire guts Melcom warehouse at Tema Free Zones; company confirms no injuries

Melcom Limited has officially confirmed a fire outbreak at one of its warehouse facilities on Saturday, July 4, 2026. In a statement released on July 5, 2026, the retail giant stated that no casualties or injuries were recorded as a result of the incident. “We are deeply thankful that there were no casualties or injuries resulting from the incident. The safety and well-being of our employees, partners and surrounding communities remain our highest priority,” the company stated. Melcom further commended the Ghana National Fire Service, NADMO, the Ghana Police Service, and other emergency personnel for their swift response to bring the situation under control. It added that its management team is collaborating with the relevant authorities to establish the cause of the fire, while conducting an internal assessment of the damage and implementing measures to secure the facility. The company cautioned that although the incident has heavily impacted its operations, it remains committed to restoring operations with minimal interruptions and ensuring the availability of stock for customers. The retail giant then expressed its appreciation to its employees, customers, business partners, and members of the public for their concern and messages of support during the period.

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MoFA to replace flood-damaged and lost passports within a week

The Ministry of Foreign Affairs has announced an expedited replacement process for Ghanaians whose passports were lost or damaged in this week’s floods across the country. In a press release dated July 3, 2026, the Ministry stated that it was aware of the scale of destruction caused by the flooding, including loss of lives and property. “We extend our sincere and deepest condolences to the families and loved ones of the deceased,” the Ministry stated. The Ministry added that it recognises many Ghanaians may have either lost their passports or had them damaged as a direct result of the disaster. It further stated that affected individuals should contact the Ministry between Friday, July 3 and Friday, July 17, 2026, via the dedicated line, 055 936 8563. Callers have been asked to provide their name, date of birth, and gender as they appear on the affected passport, along with a working phone number for easy contact. The Ministry emphasized that it intends to replace all lost and damaged passports within a week of application. It cautioned that the exercise forms part of the government’s broader recovery efforts following the floods, further stating that it remains committed to supporting affected persons through this difficult period.

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COCOBOD Releases GH¢2.6 Billion to Pay Cocoa Farmers and Clear Debts

The Ghana Cocoa Board (COCOBOD) has released GH¢2.6 billion for payment to cocoa farmers for cocoa purchases across all cocoa regions. In a statement released on Thursday,July 2,2026,COCOBOD added that this amount brings the total amount given out since the beginning of the 2025/26 Crop Season to GH¢34,523,447,255.64 Accordingly, out of the GH$2.6 billion released, approximately GH$1.4 billion is expected to be used to clear the remaining balance LBCs owe cocoa farmers for cocoa taken on credit. COCOBOD added that it is not only actively “working closely with the Licensed Buying Companies to ensure that all affected farmers receive their payments” but also has put in place monitoring mechanisms to ensure that the funds reach the farmers who are owed. Farmers with outstanding payments were also encouraged to engage the relevant Licensed Buying Company through which they sold their cocoa adding that COCOBOD is committed to ensuring the full settlement of outstanding obligations.

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AngloGold Ashanti Proposes Share Repurchase Ahead of AGM

AngloGold Ashanti plc has proposed a share repurchase programme to its shareholders ahead of its General Meeting. In a statement released on Wednesday,July 1,2026, the mining company announced that the decision is subject to shareholder approval ahead of meeting scheduled for Thursday, July 23, 2026. AngloGold Ashanti plc added that the meeting will take place at AGA’s global headquarters at 6363 S. Fiddlers Green Circle, Suite 1000, Greenwood Village, Colorado 80111, United States, at 9:00 am Mountain Daylight Time (MDT). The company stated that the record date for determining eligibility to receive the notice and to vote at the General Meeting has been set as Friday, June 26, 2026. Mailing of the notice to shareholders who have elected to receive paper communications commenced on July 1, 2026. AngloGold Ashanti plc is incorporated in England and Wales and is listed on both the New York Stock Exchange under the ticker AU and the Johannesburg Stock Exchange under the ticker ANG.  

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BoG Receives GH¢14,580,000 Dividend From GhIPSS

The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has formally presented its 2025 dividend of GH¢14,580,000 to the Bank of Ghana, its sole shareholder. The presentation ceremony which took place on July 1 2026 , was held at The Bank Square and follows the successful conclusion of GhIPSS’ Annual General Meeting where the company’s overall financial performance for the past year was assessed. Welcoming the Board and Management of GhIPSS, the Governor of the Bank of Ghana,Dr. Johnson Pandit Asiama,stated that the ceremony marks “an important governance milestone, providing the opportunity for GhIPSS to formally present its approved dividend to its sole shareholder.” Governor Asiamah then congratulated the Board, Management and Staff “on another successful year and for their continued commitment to strengthening Ghana’s national payments infrastructure and supporting the growth of the country’s digital financial ecosystem.” In closing, the Governor formally received the dividend and commended GhIPSS for its performance: “I commend the Board, Management and Staff of GhIPSS for this achievement and for their continued commitment to operational excellence, innovation and sound corporate governance. As shareholder, we appreciate not only the financial return presented today but also the value GhIPSS continues to create through the development of secure, resilient and interoperable payment infrastructure that supports Ghana’s financial sector and the broader economy.” Dr. Asiama then encouraged the Board and Management “to remain focused on sustaining this performance and advancing the strategic priorities that will position GhIPSS for continued success.” The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) is the national payment infrastructure provider in Ghana. Founded in May 2007 as a wholly-owned subsidiary of the Bank of Ghana, its core mandate is to manage interoperable electronic payment systems across bank and non-bank financial institutions.  

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Absa Bank Ghana Opens Doors at New ESG-Compliant Head Office on Independence Avenue

Absa Bank Ghana Limited has relocated its head office to Absa Place, an ultra-modern facility located at No. 64 Independence Avenue, Ridge, Accra. In a notice shared with its customers, the bank stated that the move reflects its continued commitment to enhancing operational efficiency and delivering an improved banking experience, while also strengthening its workplace environment for staff. The bank further stated that the new facility has been designed with green building principles in mind, aligning with its Environmental, Social, and Governance (ESG) goals, creating a healthier, more efficient, and environmentally responsible space for both clients and colleagues. Absa added that its state-of-the-art Absa Place Branch, located within the premises, is now open to the public and will offer Personal, Prestige, and Premier banking services. The bank however cautioned customers that Absa Place shares an entry point with the National Insurance Commission and is located before the Latter-Day Saints’ Church ,Accra Temple. Absa Bank Ghana Limited (formerly Barclays Bank of Ghana) is one of the country’s leading commercial banks, licensed and regulated by the Bank of Ghana. It provides a full suite of retail, corporate, investment, and wealth management services.

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Star Oil Plans GSE Listing with Structural Protections to Shield Affordable Pricing Model

The Chief Executive Officer of Star Oil, Kwame Tieku, has revealed plans to list the company on the Ghana Stock Exchange (GSE) at some point in the future, while cautioning that the company will require strategic structural protections to safeguard its affordable pricing business model ahead of any public offering. In a post made on Facebook, Tieku disclosed that although Star Oil intends to go public, the company is wary of short-term profit-driven corporate investors whose interests could conflict with the company’s core mission of keeping fuel prices affordable for Ghanaians. “We want to go public at some point but we don’t want our affordable pricing business model to be highjacked and watered down by short term ‘profit seeking’ corporate investors. It requires some strategic structural protections,” he stated. His comments which comes after increasing calls from investing public for the company to be listed on the GSE ,signals that Star Oil’s path to the GSE will be a carefully managed one, with the company prioritising the preservation of its business philosophy over the speed of its public listing. Star Oil Company Limited is a leading, wholly Ghanaian-owned Oil Marketing Company (OMC) established on October 7, 1998, and currently holds the distinction of being the oldest independent OMC in Ghana operating without foreign or state involvement, boasting a network of over 250 fueling stations nationwide.

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WhatsApp to let people chat without swapping phone numbers

WhatsApp is set to let people chat without having to reveal their phone number – by exchanging unique usernames instead. It will be rolled out globally to the platform’s three billion account holders over the next few months, the platform said. From Monday, users will start being able to reserve a name via the app, although it will not be compulsory. The firm said people would be able to remove or change their usernames at any time.Once it is fully activated, WhatsApp users will be able to connect after exchanging usernames only. There will still be options to block or report unwanted messages. Names will be limited to 35 characters and there will be few restrictions, with the exception of some high profile officials and celebrities whose names will not be made available to anyone else. So it’s unlikely WhatsApp will be overrun with users calling themselves Donald Trump, for example. The Meta-owned firm described usernames as a privacy feature. Alice Newton-Rex, WhatsApp’s head of product, said she had heard from users that they didn’t always want to share their phone numbers in order to be in contact with others, particularly in group chats. She said she hoped the feature would “give users control over how they choose to show up” on the app. The secure messaging app Signal introduced an identical service in 2024. “It is a good feature, but even if it does offer more privacy, remember WhatsApp is not a privacy-friendly app overall,” said Carisa Veliz, a professor at Oxford University and author of Privacy is Power. “It collects much metadata about users for marketing purposes. “We have to remember that WhatsApp is owned by Meta – one of the tech companies with the worst track records when it comes to privacy.” WhatsApp does not use the content of private chats for advertising. Those are protected by end-to-end-encryption, meaning the firm cannot read the contents of messages. But it does use data – such as who you message and when – to support advertising. Once the feature is fully rolled out, individual phone numbers will no longer be visible on WhatsApp. There will be no public username directory, and phone numbers will still be required in order to have a WhatsApp account in the first place. The minimum age for using the platform is 13, and messaging apps will not be included in the UK’s upcoming social media ban for under 16 year olds, due to be implemented next year. It recently announced Kunal Shah, the founder of an Indian fintech start-up, would be taking over as head of the platform – with Will Cathcart stepping down after seven years in the role. Source:BBC