Joy Business Report @1

MobileMoney Fintech LTD has announced that it is conducting routine checks on its MoMo Agent platform, leading to a temporary suspension of the SIM of some mobile money customers.

PIAC has made a proposal to government to institute measures to invite new investors to explore potential oil fields across the country.

The International Monetary Fund has rejected the government's proposal to implement a separate exchange rate policy, in collaboration with the Bank of Ghana, for the purchase of petroleum products.

Management consultant and procurement specialists, have raised concerns over the recently passed Value for Money Bill, which is currently awaiting presidential assent.

The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has cautioned that Africa could face fragmented financial growth if countries fail to integrate their financial systems, urging stronger coordination in fintech development, policy alignment, and cross-border infrastructure.

Ghana's economy recorded a solid 6.0% overall GDP growth in 2025, with momentum building toward the end of the year as the fourth quarter posted 5.8% growth, up from 4.0% in the fourth quarter of 2024.

Some OMCs have begun increasing fuel prices ahead of the March 16 pricing window under the industry's pricing guidelines, in what appears to be an early move to manage demand following a surge in purchases.

Ratings agency, Fitch is raising its 2026 annual average crude oil price forecast to US$70 a barrel from US$63 (Brent).

GSA is warning importers and exporters in Ghana to prepare for higher shipping costs and possible delays following disruptions to global maritime trade caused by the escalating conflict involving the United States, Israel and Iran.