Author: Constance Awunor

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Constance Awunor specializes in business, finance and economic developments across Ghana and beyond. She focuses on market trends, entrepreneurship and policies affecting young professionals and emerging industries. Her writing simplifies complex financial topics, empowering readers to stay informed and make smarter decisions. Constance graduated from University of Cape Coast with a degree in Communication Studies. Connect with her at constance@yocharley.com

The Bank of Ghana has instructed Bank of Ghana to suspend the planned implementation of a 0.75% charge on Mobile Money transfers from wallets to bank accounts. The directive means the fee, which was scheduled to take effect on June 1, 2026, will not be introduced as planned. The central bank says the pause is to allow broader consultations with stakeholders in the financial services sector. In a statement, the Bank of Ghana emphasized that any changes to charges within the mobile money ecosystem must be introduced fairly and in a way that protects consumers while supporting financial stability. On…

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The Chief Executive Officer of the Ghana Chamber of Mines has proposed that National Service personnel be deployed into geological exploration and mapping to help strengthen Ghana’s extractive sector. Speaking at the JoyBusiness Roundtable on the theme “To Nationalise or Transform: Rethinking Ghana’s Approach to Gold Mining, Oil and Critical Minerals,” Kenneth Ashigbey said the idea could improve data generation and support better resource planning in the mining industry. He argued that Ghana could unlock greater long-term value from its natural resources by involving young graduates in field-based exploration work during their national service period. “My suggestion for government is…

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John Dramani Mahama has officially launched Ghana’s new electronic visa (e-Visa) portal in Accra, marking a major step in the country’s push to modernise immigration services through digital systems. The new platform is designed to simplify visa applications, speed up processing times, and improve access for travellers while maintaining strict security checks and due diligence requirements. At the launch event on Monday, May 25, President Mahama also announced visa fee waivers for all African passport holders visiting Ghana for business or tourism. The move is aimed at promoting African integration and encouraging greater travel within the continent. The government says…

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Chinese authorities have executed Xu Yao for the murder of his associate, billionaire gaming tycoon Lin Qi. Xu was convicted in 2024 after a court found he poisoned Lin in 2020 following a workplace dispute. Local reports say he had grown angry after being sidelined shortly after helping secure a Netflix deal for the company. Lin was the founder of Yoozoo Games, known for major gaming titles and for holding film rights to the science fiction trilogy behind Netflix’s 3 Body Problem. The Three-Body Problem was later adapted into the hit Netflix series 3 Body Problem, which became one of…

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MTN Ghana has announced new charges on transfers from Mobile Money (MoMo) wallets to bank accounts starting June 1, 2026. In a text message sent to customers on Monday, the telecom company said users will now pay a 0.75% fee on every MoMo-to-bank transfer transaction. The company added that the charge will be capped at GHS 5 per transaction. According to MTN, the new fee “will help us continue to serve you better.” The announcement is expected to generate debate among mobile money users across Ghana. Many customers use MoMo-to-bank transfers for business transactions, salary transfers and daily banking activities.…

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Asante Kotoko have launched an investigation into alleged attempted bribery involving some players before the club’s final Ghana Premier League match of the 2025/26 season. In a statement issued on May 26, 2026, the club said its Board and Management met with players and the technical team to review what it described as a disappointing season. During the meeting, management also discussed reports that some players allegedly received bribery approaches ahead of the team’s final league fixture. The club confirmed that investigations have already started to determine the full facts surrounding the allegations. Kotoko praised Patrick Asiedu for showing professionalism…

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Joseph Paintsil could miss another FIFA World Cup after Ghana left him out of the Black Stars squad for their training camp in Cardiff and upcoming friendly against Wales. The decision has sparked debate among Ghanaian football fans. Many supporters believed the winger had done enough at club level to earn a place in the team preparing for the 2026 FIFA World Cup. Paintsil has impressed for LA Galaxy this season. The 28-year-old has scored three goals and provided two assists in 11 MLS appearances. His performances in the United States increased expectations that he would play an important role…

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Adamus Resources says it remains committed to legal and regulatory compliance despite recent allegations circulating in sections of the media. The company issued a statement through its lawyers to address reports linking it and its Executive Chairperson, Angela List, to alleged regulatory breaches involving MIKO-SA in Mali. Adamus described the reports as misleading. It said some publications tried to damage the company’s reputation by creating false associations. The company has faced increased public attention in recent months. Discussions have focused on its operations, ownership structure and business activities. However, Adamus insists it operates within Ghanaian laws and industry regulations. According…

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Luxury carmaker Ferrari has unveiled its first fully electric vehicle, the Ferrari Luce, marking a major shift for the iconic Italian brand. The Luce, which means “light” in Italian, is priced at about $640,000 (£474,320) and took five years to develop, according to Ferrari chief executive Benedetto Vigna. Unlike traditional Ferraris, the Luce features a five-seat layout and a futuristic design developed with LoveFrom, the design agency founded by former Apple executive Jony Ive. Ferrari says the car uses four in-house electric motors — one for each wheel — allowing it to accelerate from 0 to…

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Lawyer and energy expert Lom-Nuku Ahlijah says declining supervision in schools is contributing to rising indiscipline among students in Ghana. He made the comments following a recent incident at Ada Senior High Technical School, where four students were arrested after a viral video showed a student holding a cutlass and threatening colleagues. Speaking on JoyNews’ AM Show on May 25, Mr Ahlijah said overcrowding in schools has made supervision more difficult for teachers. Mr. Ahlijah linked the problem to the growing number of students under the Free SHS policy. According to him, the increase in enrolment has not matched investment…

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