The move will support the company’s efforts to explore asset tokenisation and make traditionally hard-to-reach investment opportunities more accessible to millions of Africans.
One Africa Securities Limited has secured admission to the Securities and Exchange Commission (SEC) Ghana’s Virtual Asset Sandbox, building on its earlier admission to the Bank of Ghana (BoG) Regulatory Sandbox in January 2026.
The dual sandbox participation marks a significant milestone in the company’s efforts to explore the responsible use of emerging technology within Ghana’s financial markets, while pursuing a broader ambition to expand access to investment opportunities across Africa.
One Africa Securities Secures Landmark Admission into BoG and SEC Regulatory Sandboxes 2
Under the SEC’s Virtual Asset Sandbox, One Africa Securities has been admitted to explore asset tokenisation and bonds within a controlled regulatory environment.
Separately, One Africa Securities was among six entities admitted to the Bank of Ghana Regulatory Sandbox in January 2026 to explore the tokenisation of Treasury bills, bonds and commodities.
Through the programme, participating institutions are contributing practical insights to the development and validation of proposed regulatory frameworks governing the exchange, custody, administration and issuance of virtual assets.
Together, the two sandbox programmes give One Africa Securities an opportunity to contribute market knowledge and practical experience as Ghana’s financial regulators develop frameworks for virtual assets and tokenised financial products.
“This is an important milestone for One Africa Securities Limited and reflects our commitment to responsible financial innovation,” said Edward Illiasu, Group Head of Fixed Income and Director, One Africa Securities Limited.
“Our participation in these regulatory sandboxes allows us to explore how technology can enhance financial markets while ensuring that innovation develops alongside regulation, trust and investor protection.”
Building More Accessible Financial Markets
Tokenisation is increasingly being explored globally as a way of making the issuance, administration and accessibility of traditional financial assets more efficient.
Major international financial institutions are also investigating the potential of tokenised assets and blockchain-enabled financial infrastructure. J.P. Morgan, through its Kinexys platform, has developed infrastructure supporting tokenised assets, while BlackRock has expanded its involvement in tokenised investment products.
For One Africa Securities, the focus is on applying technology to address practical barriers facing investors across the continent.
“Technology should ultimately solve a real problem,” said Norbert Dziwornu, Group Head of Innovation, One Africa Markets.
“For us, that means reducing friction, improving the investment experience and enabling more people to participate in financial markets. We are starting from Ghana, but we are building with the wider African opportunity in mind. Our approach is to innovate alongside regulation, not ahead of it.”
ChainOA: One Africa’s Next Step in Digital Investing
The company is also preparing to launch ChainOA (Chain One Africa), a digital investment platform designed to simplify access to real-world investment opportunities for millions of Africans, starting with Ghana.
Through ChainOA, users will be able to access investment opportunities across Treasury bills, bonds and commodities through a digital experience designed for the modern African investor.
The platform is expected to launch across major app stores in September 2026.
According to One Africa Securities, ChainOA represents the next phase of its broader mission to reduce traditional barriers to investing and make investment opportunities more accessible, beginning in Ghana and ultimately targeting the wider African market.
About One Africa Securities
One Africa Securities Limited is licensed by the Securities and Exchange Commission (SEC) as a broker-dealer and is an authorised Primary Dealer and Bond Market Specialist in Ghana’s government securities market.
Ghanaian business executive and award-winning musician Opoku Sanaa has been appointed Head of Sales, Middle East & Africa at Roland Europe Group (REG), effective September 2026.
The appointment marks a significant new chapter in Sanaa’s international career, bringing together his extensive experience in business leadership with his longstanding passion for music.
Roland Europe Group Appoints Opoku Sanaa as Head of Sales, Middle East & Africa 4
Sanaa announced the appointment in a LinkedIn post celebrating the beginning of his new role with the European headquarters of global musical instrument and audio equipment company Roland Corporation.
“I’m finally home,” Sanaa wrote in the post.
In his new position, Sanaa will oversee Roland’s sales operations and commercial strategy across the Middle East and Africa, working with distributors, retail partners, educational institutions, houses of worship and other key industry stakeholders.
His responsibilities will include strengthening Roland’s presence across the region, identifying new market opportunities and supporting sustainable commercial growth across some of the company’s key international markets.
Sanaa brings nearly two decades of international experience in sales leadership, business development, strategic planning, business intelligence and market expansion across Africa and the Middle East.
Prior to joining Roland Europe Group, he held senior commercial and leadership positions with internationally recognised organisations including Yamaha Corporation, Isuzu Motors and Daimler Truck.
During his corporate career, he has been involved in regional growth initiatives, pricing strategy, market development and commercial performance across multiple international markets.
Academically, Sanaa holds a Master of Business Administration (MBA) from the University of Leicester in the United Kingdom and a Bachelor’s degree in Marketing from the University of Professional Studies, Accra (UPSA) in Ghana.
A career spanning business and music
Beyond his corporate career, Sanaa has established himself as an author, creative entrepreneur and professional bass guitarist.
He is the author of Passion, Persistence & Progress – Make the Dream Work, a book focused on leadership, resilience and purpose, drawing lessons from both the corporate and creative worlds.
His achievements in music have also earned him recognition within Ghana’s entertainment industry. Sanaa was named Instrumentalist of the Year at the 26th Telecel Ghana Music Awards (TGMA).
His appointment at Roland Europe Group therefore represents a notable convergence of two major areas of his professional life: business leadership and music.
As Head of Sales, Middle East & Africa, Sanaa will now bring his commercial expertise and understanding of the music ecosystem to Roland’s regional operations, positioning him to play a key role in the company’s continued expansion across Africa and the Middle East.
The 24-Hour Economy Authority has expressed support for efforts to position Ghana’s outsourcing and digital services sector as a strategic export industry, with the Business Outsourcing Services Association Ghana (BOSAG) targeting 100,000 jobs through the sector by 2030.
The commitment emerged at the third High-Level Government–Industry Roundtable on Ghana’s Outsourcing Sector, hosted by eServices Africa Ltd (eSAL) on Tuesday, August 25, 2026.
Held under the theme “Scaling Ghana’s Outsourcing Sector through the 24-Hour Economy: Infrastructure, Talent and Market Access for 100,000 Jobs,” the roundtable brought together government officials, industry leaders, development partners, investors and other ecosystem stakeholders.
Mr. Augustus Goosie Tanoh, Presidential Advisor to the 24-Hour Economy Authority engaging in a Q&A session at the BOSAG High Level Government Industry Roundtable event
The discussions focused on how outsourcing and digital services can contribute to Ghana’s 24-Hour Economy and Accelerated Export Development Programme (24H+), while helping the industry achieve BOSAG’s ambition of facilitating 100,000 jobs.
Government backs outsourcing as an export opportunity
A key participant at the event was Augustus Goosie Tanoh, Presidential Advisor to the 24-Hour Economy Authority, who served as Guest Speaker and led an Executive Dialogue on developing Ghana’s next generation of outsourcing hubs.
Mr. Tanoh described outsourcing as a sector naturally aligned with the objectives of the 24-Hour Economy, given its ability to operate across global time zones while generating export earnings and employment.
He highlighted Ghana’s youthful workforce, strategic time zone, expanding digital infrastructure and investments in initiatives such as the One Million Coders Programme and the National AI Strategy as important foundations for growing the country’s global services industry.
According to him, outsourcing provides Ghana with an opportunity to “export talent without exporting people”, allowing young Ghanaians to provide services to international markets while remaining in their communities.
Simon Hochstein, Head of Component, Business/Invest & Cluster Focus, Invest for Jobs, GIZ, contributing to discussions at the BOSAG High Level Government Industry Roundtable event.
The Presidential Advisor also acknowledged the strategic importance of BOSAG’s proposed SERVE24 initiative and indicated the Authority’s willingness to work with BOSAG and industry stakeholders to examine how the proposal could fit within the broader 24-Hour Economy framework.
He further welcomed BOSAG’s participation in the development of the planned Ogua Tech Park through a formal collaboration framework.
BOSAG proposes SERVE24
BOSAG Chief Executive Officer David Gowu outlined the Association’s five-year strategic plan, which includes a target of facilitating 100,000 jobs through Ghana’s outsourcing sector by 2030.
Mr. Gowu said Ghana has a significant talent pool, with more than 138,000 graduates entering the labour market annually, while only a fraction are absorbed into employment.
He argued that the outsourcing sector offers one of the practical avenues for converting this talent into productive employment.
BOSAG estimates the global outsourcing and global business services market at approximately US$1.5 trillion, while Africa currently captures about 2.8 percent of that market.
The Association believes Ghana can compete more aggressively by leveraging its political stability, English-language proficiency, fibre-optic connectivity and growing outsourcing ecosystem.
Ghana already hosts international outsourcing companies including Teleperformance and Concentrix, alongside indigenous operators such as eSAL.
BOSAG says the sector has already created employment opportunities for more than 20,000 young people in Ghana.
Against this background, the Association proposed SERVE24, a dedicated services-export focus within the 24-Hour Economy framework.
The proposal seeks to use outsourcing and digital services to increase export earnings, attract investment and create sustainable employment opportunities in Accra and secondary cities.
eSAL announces Tamale expansion
The roundtable also highlighted the potential of Ghana’s secondary cities to become outsourcing hubs.
Kojo Hayford, Founder and Chief Executive Officer of eSAL and Board Chair of BOSAG, announced that eSAL plans to establish a new delivery centre in Tamale in the fourth quarter of 2026.
The centre is expected to position Northern Ghana as a gateway for serving Francophone West Africa and the Sahel region.
Mr. Hayford stressed the need to move outsourcing opportunities beyond Accra, arguing that Ghana has significant untapped talent across the country.
He also discussed the growing role of artificial intelligence, saying AI should be viewed as an enabler that can improve productivity while creating opportunities for workers to undertake higher-value tasks involving human judgement and empathy.
eSAL’s Impact Sourcing Programme Head, Nii Gogo, said the company has trained more than 3,000 young people through its work-readiness programme.
He noted that 55 percent of programme participants are women, with many coming from underserved communities and having previously experienced long-term unemployment.
GIZ highlights potential of secondary cities
Simon Hochstein, Head of Component, Business/Invest & Cluster Focus, Invest for Jobs, GIZ, described outsourcing as one of Ghana’s promising pathways for large-scale employment creation and economic transformation.
He highlighted collaboration between GIZ, eSAL and ecosystem partners to pilot outsourcing operations in Tamale.
According to the GIZ perspective presented at the roundtable, investments in talent development, ecosystem strengthening and targeted infrastructure could unlock opportunities outside Accra and distribute the benefits of the sector more broadly across Ghana.
24-Hour Economy Authority outlines support areas
Representatives of the 24-Hour Economy Authority outlined several areas through which the government’s programme could support export-oriented services.
These include:
Infrastructure development
Talent development
Investment facilitation
Energy interventions
Technology and outsourcing hubs
Particular attention was given to the planned Ogua Tech Park at the University of Cape Coast, which is expected to include a 3,000-seat BPO facility, student accommodation, training facilities and supporting infrastructure.
The initiative is intended to create an environment capable of supporting a globally competitive outsourcing industry.
Industry calls for stronger collaboration
During the Executive Dialogue, stakeholders examined how Ghana could connect investments in digital skills, artificial intelligence and the One Million Coders Programme more directly to employment opportunities within outsourcing and digital services.
The discussions also considered the readiness of Tamale and other secondary cities to host outsourcing operations.
Participants identified reliable electricity, high-speed internet, quality office space and access to skilled talent as critical factors in attracting outsourcing operators and international investors.
The role of indigenous Ghanaian outsourcing companies was also highlighted, with stakeholders calling for stronger public-private collaboration, targeted investment incentives and coordinated international promotion to position Ghana as a preferred outsourcing destination.
Aiming for 100,000 jobs
The roundtable concluded with broad alignment among government, industry and development partners on the potential of outsourcing and digital services to contribute to Ghana’s export and employment ambitions.
BOSAG maintains that coordinated investment promotion, talent development, infrastructure expansion and international market engagement can help the industry scale significantly.
With the proposed SERVE24 framework, the planned expansion into secondary cities and government support under the 24-Hour Economy, stakeholders see outsourcing as an increasingly important avenue for creating jobs, generating foreign exchange and strengthening Ghana’s position in the global services economy.
About BOSAG
The Business Outsourcing Services Association Ghana (BOSAG) is the national industry association representing Ghana’s Business Process Outsourcing (BPO) and Global Business Services (GBS) sector.
The Association serves as a coordinating platform for industry players, government and development partners, with a focus on policy advocacy, skills development, investment promotion and large-scale job creation.
Its current strategic agenda is centred on facilitating 100,000 new BPO/GBS jobs by 2030 through coordinated investment, talent development, infrastructure enablement and international market engagement.
MobileMoney Fintech LTD (MMFL) is set to open MoMoFest 2026 in Berekum on September 4, combining music, culture and community engagement to promote wider, safer use of MoMo and digital financial services.
The two-day Revival Concert, scheduled for September 4 and 5 at Golden City Park, will feature Kweku Smoke and friends and mark the beginning of a three-week customer activation focused on MoMo App onboarding, cashless payments, merchant engagement and fraud education.
MoMoFest 2026 Opens in Berekum to Help Customers “Do More with MoMo” 8
The Berekum activation will combine pre-festival sign-up drives, festival-week customer experiences and post-festival follow-up, with the aim of moving customers from awareness to confident use of the MoMo App and other digital financial services.
According to MMFL, the initiative is designed to demonstrate how customers can use MoMo for more than everyday transfers and payments, including savings, insurance, credit and other financial services.
MoMoFest takes digital finance to communities
MoMoFest has developed into a nationwide platform for digital inclusion, taking MoMo directly to customers through concerts, traditional festivals, tertiary activations, merchant engagements and other community touchpoints.
Throughout the Berekum activation, customers and merchants will have opportunities to experience how MoMo can simplify daily transactions, support small businesses, expand access to financial services and make cashless payments more convenient.
Customer safety will also remain a major focus.
Participants will receive education on common fraud tactics, PIN protection, transaction verification and official reporting channels, reinforcing MMFL’s message that customers should not only “Do More with MoMo” but do so safely.
MMFL outlines vision for MoMoFest 2026
Head of Marketing at MobileMoney Fintech LTD, Alfred Dowuona-Hammond, said the company wants to make digital financial services more accessible while ensuring customers understand how to protect themselves.
“Our goal is simple: to help every customer do more with MoMo, and do it safely. MoMoFest gives us a direct and engaging way to show customers how MoMo can support everyday payments, business transactions and access to more financial services, while helping them stay alert and protected.”
Following the Berekum opening, MoMoFest will extend its customer engagement to major music and cultural platforms, including the Asogli Festival, ShattaFest, Rapperholic and Made in Tadi.
These events will serve as additional opportunities for app education, cashless payments, merchant engagement and conversations around the safe use of digital financial services.
Partners support 2026 edition
The 2026 edition of MoMoFest is supported by Ecobank Ghana PLC, Guinness Ghana Breweries Limited (GGBL), Ayo Ghana and MTN Business.
Their partnership is expected to contribute to bringing the MoMoFest experience closer to customers and communities across Ghana.
The initiative supports MMFL’s “Do More with MoMo” agenda by using entertainment, culture and commerce as practical gateways to digital financial adoption, inclusion and trust.
MMFL is inviting customers, merchants and festivalgoers in Berekum to participate in MoMoFest 2026, download the MoMo App, explore its range of services, embrace digital payments and remain vigilant against fraud.
GhanaMedia.net has verified reports concerning a Ghanaian man identified as Michael Nana Kwame Gyebi, who is accused of sexually assaulting four teenagers in the Offinso area of the Ashanti Region.
According to information available to GhanaMedia.net, the allegations involve four teenage girls and have triggered concern within the local community.
Ghanaian Man Accused of Raping Four Teenagers in Offinso Reportedly Flees to Germany 10
Gyebi is reportedly no longer in Ghana and is said to have travelled to Germany following the allegations. The circumstances surrounding his departure and his current status are now attracting attention as questions are raised about the progress of the case and efforts to ensure that the allegations are properly investigated.
The allegations are serious, particularly because they involve minors. GhanaMedia.net understands that the matter has generated significant concern among residents and people familiar with the case.
What is known
The man at the centre of the allegations has been identified as Michael Nana Kwame Gyebi, with the alleged incidents linked to Offinso in the Ashanti Region.
The available information alleges that four teenagers were victims of sexual abuse. However, the allegations remain allegations unless and until established through the appropriate legal process.
GhanaMedia.net is therefore urging caution in public discussions of the case, particularly regarding the identities and privacy of the alleged victims.
Reported departure to Germany
One of the most significant aspects of the developing story is the report that Gyebi travelled to Germany after the allegations emerged.
His reported presence outside Ghana raises questions about possible legal and investigative steps that may be required if authorities seek to establish his whereabouts, investigate the allegations and pursue any appropriate legal proceedings.
At this stage, GhanaMedia.net is not presenting the allegations as a conviction or established fact against the accused.
The importance of due process
Cases involving alleged sexual offences against minors require careful investigation, protection of victims and adherence to due process.
Authorities and relevant institutions will ultimately be responsible for determining what happened, gathering evidence and taking whatever legal action is justified by the findings of their investigations.
GhanaMedia.net will continue to follow developments surrounding the case and provide verified updates as further information becomes available.
Editor’s Note: The allegations contained in this report are serious and have been presented as allegations. The accused is presumed innocent unless proven guilty by a court of competent jurisdiction. The identities and personal details of alleged minor victims should not be published or circulated.
Source: Information verified by GhanaMedia.net; accompanying social-media material supplied for the report.
Accra, Ghana — Ghanaian fragrance brand Maison Yusif Fragrance has reached a major international milestone after becoming the first fragrance house from Ghana to participate in Glamcation, a fragrance festival held in Torrance/Palos Verdes, Los Angeles.
The landmark appearance provided Maison Yusif with an opportunity to showcase Ghanaian perfumery, craftsmanship and African-inspired creativity to an international audience comprising fragrance enthusiasts, industry professionals, entrepreneurs and luxury consumers.
Maison Yusif Becomes First Ghanaian Fragrance House to Participate in Glamcation Los Angeles 12
Throughout the event, visitors explored Maison Yusif’s fragrance collection, sampled its signature scents and learned about the African stories and creative vision behind the brand.
The response, according to the brand, was overwhelmingly positive, with guests visiting the Maison Yusif stand, sampling fragrances, making purchases and expressing appreciation for the quality, originality and performance of its creations.
Taking Ghanaian Perfumery to the World
For Maison Yusif, the Los Angeles appearance represented more than a commercial exhibition.
It formed part of the brand’s broader mission to position Ghana and Africa within the global fragrance conversation, while challenging the perception that exceptional niche perfumery must come exclusively from traditional fragrance capitals.
Founded in Ghana, Maison Yusif has built its identity around original compositions, meticulous production and fragrances inspired by African identity and contemporary luxury.
Its participation in Glamcation therefore marks another step in the company’s growing international ambitions and its efforts to introduce African olfactory artistry to new markets.
Speaking about the experience, Yusif Jnr Meizongo, founder and perfumer of Maison Yusif Fragrance, expressed gratitude to the Los Angeles community for supporting the Ghanaian brand.
“We are deeply grateful to Los Angeles for showing up, supporting us and shopping with Maison Yusif.”
He said every visitor who experienced the fragrances or purchased a bottle contributed to what he described as a historic moment for the brand.
“We came to Los Angeles carrying the story and spirit of Ghana, and we were welcomed with extraordinary love,” he added.
A Milestone for Ghana’s Luxury Industry
Maison Yusif’s achievement also highlights the growing potential of Ghana’s beauty and luxury industries.
The brand’s appearance at Glamcation demonstrates how African-owned businesses can enter international markets and compete through quality, authenticity and innovation while maintaining a strong connection to their cultural identity.
Maison Yusif expressed appreciation to the organisers of Glamcation for providing a platform that brings together fragrance, creativity and entrepreneurship, while also thanking customers and supporters who contributed to the success of its participation.
As the brand continues its international expansion, its stated objective remains to create distinctive fragrances, preserve its African identity and contribute to positioning Ghana as an emerging force in the global fragrance industry.
From Accra to Los Angeles, Maison Yusif is taking Ghana’s story to the world—one unforgettable scent at a time.
What began as a remarkable display of public appreciation in Aboso has now resulted in official recognition, as Inspector Hance Atubra of the Tarkwa Divisional Police Headquarters has been promoted to the rank of Chief Inspector following his intervention during a fire outbreak at the Aboso Main Lorry Station.
IGP PROMOTES INSPECTOR HANCE ATUBRA TO CHIEF INSPECTOR AFTER ABOSO FIRE RESCUE 14
The promotion was approved by Inspector-General of Police (IGP) Christian Tetteh Yohuno in recognition of Inspector Atubra’s bravery and efforts to save lives during the emergency.
The fire broke out on Wednesday, August 26, 2026, at the Aboso Main Lorry Station in Ghana’s Western Region, where several shops were engulfed by flames, resulting in significant damage to property and placing people within the area at risk.
According to the Ghana Police Service, Inspector Atubra was the first police officer to arrive at the scene. Rather than remaining on the perimeter, he immediately moved to assist people trapped within the affected area and helped evacuate victims to safety as the fire continued to spread.
Residents turned him into a hero
The officer’s actions did not go unnoticed.
Videos that circulated widely on social media showed residents of Aboso carrying Inspector Hance shoulder-high through the community in an unusual public display of appreciation.
The scenes captured residents celebrating the officer and calling on the authorities to recognise his efforts. Some specifically appealed to the IGP to promote him, arguing that his conduct during the emergency deserved formal recognition.
The public reaction came shortly after footage from the fire response began circulating online, showing the officer actively involved at the scene.
The spontaneous celebration quickly turned Inspector Hance into a social-media talking point, with many Ghanaians praising what they described as an example of courage and commitment to public service.
The call for promotion has now been answered
What makes the development particularly notable is that the demand made by the residents has now materialised.
The Ghana Police Service confirmed that Inspector Hance Atubra has been elevated from Inspector to Chief Inspector following recommendations arising from his actions during the fire.
The Police Administration said his promotion recognises his courage, quick response and efforts to save life and property.
The decision also reinforces the Police Administration’s stated commitment to recognising officers who demonstrate exceptional courage, dedication and commitment to duty.
A powerful moment for police-community relations
Beyond the promotion itself, the Aboso incident has generated a rare image of police-community relations: residents publicly celebrating an officer for what they witnessed him do in a moment of danger.
The episode also highlights the role police officers can play during emergencies beyond conventional law-enforcement duties, particularly when immediate action is required to protect lives.
For Inspector Atubra, the public tribute has now been followed by institutional recognition.
The officer who was carried shoulder-high through Aboso after residents witnessed his intervention during the fire has officially moved up the police ranks.
From a community’s call for recognition to an official promotion — the Aboso story has come full circle.
In an automotive sector increasingly shaped by global trade, digital entrepreneurship and changing consumer expectations, Mr Autoservice is positioning itself as an emerging name in the international import-export and distribution of luxury and major-brand vehicles.
Mr Autoservice: The Ambition of an International Luxury Automotive Player 16
Based in Dubai, United Arab Emirates, the business serves an international clientele seeking high-end vehicles and tailored solutions for acquiring and transporting vehicles across borders.
Through Mr Autoservice Import Export and the Aboubakar Autoservice International organisation, the company’s activities are centred on sourcing vehicles from major international automotive markets, including Dubai, China and the United States, before facilitating their shipment to customers.
Building Access to the Global Luxury Vehicle Market
At the heart of Mr Autoservice’s positioning is a straightforward ambition: to make access to prestige vehicles easier while providing professional support throughout the international purchasing process.
From vehicle sourcing and selection to international shipment and delivery, the business seeks to provide customers with guidance and access to an international network within the automotive trade.
The model reflects a growing generation of African and international entrepreneurs using Dubai as a strategic base for connecting customers with major global automotive markets.
A Digital Strategy Driving International Visibility
Beyond vehicle trading, Mr Autoservice is also placing considerable emphasis on its digital presence.
Its social media platforms are used to showcase vehicles, communicate its business activities and engage an expanding audience interested in luxury automobiles, international mobility and the wider automotive lifestyle.
This digital-first approach allows the brand to reach potential customers well beyond the UAE while creating a direct communication channel with an international automotive community.
Looking Beyond Dubai
As the business develops, Mr Autoservice aims to consolidate its position in the international automotive import-export market and establish itself as a recognised player in the trade of luxury and major-brand vehicles.
Its journey represents a broader trend in which modern automotive entrepreneurs are combining international trade, mobility, luxury vehicles and digital communication to serve an increasingly connected global customer base.
For Mr Autoservice, the ambition extends beyond simply selling vehicles. It is about building an international automotive identity capable of connecting markets, customers and premium vehicles across borders.
Digital Presence
Follow Mr Autoservice through its stated social media channels:
Kasoa Old Market — A viral video from Kasoa Old Market is generating widespread attention on social media after a woman was reportedly confronted in connection with an alleged theft incident at the market.
The video, which has already attracted more than 850,000 views and continues to record strong engagement, has rapidly spread across Facebook and other social-media platforms.
Woman Allegedly Caught After Viral Kasoa Old Market Incident As Video Surges Past 850,000 Views 18
GhanaMedia.net has independently verified the incident, with one of the platform’s anchor publishers, Enoch Ansong, present at the scene and among those who captured footage of the incident that has since gone viral online.
The development has triggered intense reactions from social-media users, with many seeking clarity on exactly what happened and what action was taken following the incident.
What Happened At Kasoa Old Market?
According to information gathered by GhanaMedia.net, the incident occurred at Kasoa Old Market, where the woman was reportedly confronted following allegations of theft.
The woman seen in the viral footage was reportedly wearing a red outfit, while earlier footage circulating online showed her wearing a nose mask.
The circumstances surrounding the incident have attracted particular attention because of the speed with which the footage spread online.
A separate social-media trail circulating in connection with Kasoa Old Market alleges that CCTV footage captured a woman wearing a nose mask entering a shop and allegedly taking GH¢80,000 kept in a black rubber bag while a shop attendant was distracted by another customer. That allegation has been widely reposted online.
GhanaMedia.net is treating the GH¢80,000 claim separately from the verified scene footage until the specific connection between the two developments is established through further evidence.
The development has an important firsthand element.
Enoch Ansong, one of GhanaMedia.net’s anchor publishers, was at the scene and captured video footage that subsequently became part of the viral social-media circulation.
This gives GhanaMedia.net a direct eyewitness and original-footage connection to the incident, rather than relying solely on material reposted by third-party social-media accounts.
Watch the viral Kasoa Old Market video on Facebook
Video Draws Massive Engagement
At the time of publication, the Facebook video had surpassed 850,000 views, with engagement continuing to rise.
The rate at which the footage is being shared and discussed suggests that the video could cross the one-million-view mark, making the incident one of the more heavily engaged Kasoa-related stories currently circulating on social media.
The footage has prompted questions about the circumstances leading to the confrontation, the identity of the woman involved, whether an official complaint was made and whether police intervention followed.
Kasoa Old Market And Security Concerns
Kasoa Old Market has previously featured in reports and research concerning criminal activity in the wider Kasoa area. A University of Education, Winneba study identified the Old Market among locations in Kasoa where crimes including stealing/theft, assault and fraud have been reported.
Police have also previously conducted intelligence-led operations in Kasoa Old Market and adjoining communities. In December 2025, the Central East Regional Police Command said an operation in Kasoa Old Market and surrounding areas resulted in the arrest of 33 suspects and the seizure of various items.
However, those previous developments are not evidence that the current woman was involved in any earlier offence.
GhanaMedia.net is continuing to follow the development and is seeking additional information concerning what happened after the woman was confronted, including any police action and the precise circumstances surrounding the allegations.
For now, the verified element is the Kasoa Old Market incident captured on video and witnessed by GhanaMedia.net publisher Enoch Ansong, while claims circulating online about the alleged GH¢80,000 theft remain subject to further confirmation regarding their connection to the woman in the viral footage.
As the video continues to attract hundreds of thousands of views, GhanaMedia.net will update this report as additional verified information becomes available.
Accra, August 30, 2026 — The State Interests and Governance Authority (SIGA) has unveiled its 2025 State Ownership Report (SOR), marking the tenth edition of Ghana’s flagship assessment of the performance of its Specified Entities.
SIGA Unveils 2025 State Ownership Report, Marking A Decade Of Tracking Ghana’s Specified Entities 20
The report, which covers 162 of the 175 approved Specified Entities, provides an extensive assessment of the financial, operational and governance performance of Ghana’s state-owned sector.
The entities covered comprise 53 State-Owned Enterprises (SOEs), 36 Joint Venture Companies (JVCs) and 73 Other State Entities (OSEs).
According to SIGA Director-General Prof. Michael Kpessa-Whyte, the latest report is particularly significant because it captures the performance of the Specified Entities during the first year of President Mahama’s second administration.
“It gives a full picture of how these Specified Entities are contributing to the broader economic reset agenda,” he said.
SOEs Return To Profitability
One of the most significant findings in the report is the strong turnaround recorded by the State-Owned Enterprise sector.
SOE revenue increased by 28.12% to GH¢176.43 billion in FY2025, up from GH¢137.64 billion in FY2024.
The growth was driven largely by the agricultural, manufacturing and infrastructure subsectors, whose revenues increased by 203.71%, 114.74% and 92.24%, respectively.
Profit Before Interest and Tax also rose to GH¢25.49 billion, continuing a recovery that began after the sector recorded a loss of GH¢502 million in FY2023.
More significantly, SOEs collectively recorded a net profit after tax of GH¢19.80 billion in FY2025, compared with a net loss of GH¢2.25 billion in the previous year.
SIGA said the development represents a break from a four-year cycle of consolidated net losses.
Ten SOEs, including the Ghana Ports and Harbours Authority, Bui Power Authority, Ghana National Gas Company, BOST Energies Company, Minerals Income Investment Fund and TDC Company Ltd, maintained profitability throughout the five-year period reviewed.
Stronger Cedi Improves Financial Position
The report also highlighted the impact of the stronger Ghana cedi on the financial position of state-owned enterprises.
SOEs recorded GH¢11.72 billion in net foreign exchange earnings in FY2025, reversing a GH¢12.01 billion foreign exchange loss recorded in FY2024.
Finance costs also declined by 42.49%.
However, SIGA noted that significant risks remain within the sector.
Total SOE assets declined by 5.86% to GH¢407.84 billion, while liabilities fell by 4.31% to GH¢281.99 billion.
Five SOEs — ECG, Ghana Cylinder Manufacturing Company Ltd, GNPA Ltd, Graphic Communications Group Company and Ghana Digital Centre — recorded losses in every year from FY2021 to FY2025.
Six entities, including AirtelTigo Ghana Ltd, Gihoc Distilleries and Tema Oil Refinery, also maintained negative equity throughout the five-year period.
Joint Ventures Record Further Growth
Ghana’s Joint Venture Companies also strengthened their performance.
Net profit, excluding minority interest, increased by 36.55% to GH¢3.14 billion, compared with GH¢2.29 billion in FY2024.
Total JVC assets increased by 25.99% to GH¢96.69 billion.
Minority-interest JVCs recorded even stronger growth, with net profit rising from GH¢21.06 billion to GH¢61.32 billion.
They also accounted for 97.12% of all dividends received by government, contributing GH¢1.19 billion.
Other State Entities Remain Under Pressure
The report presents a less positive picture for Other State Entities.
Their combined net deficit widened significantly from GH¢2.18 billion in FY2024 to GH¢10.48 billion in FY2025.
Although total assets increased by 60.15% to GH¢310.62 billion, liabilities grew by 41.83% to GH¢323.17 billion.
SIGA attributed a substantial part of the deterioration in the accumulated fund to the Bank of Ghana’s negative equity position of GH¢93 billion.
Economic Conditions Improve
The performance of the Specified Entities occurred against what SIGA described as a significantly improved macroeconomic environment.
Real GDP growth reached 6.0% in FY2025, compared with 5.8% in FY2024.
The Monetary Policy Rate fell from 27% to 18%, while the Ghana Reference Rate declined from 29.31% to 15.9%.
The average lending rate also dropped from 30.25% to 20.4% by December 2025.
Public debt stood at GH¢640.99 billion in nominal terms but declined to 45.28% of GDP, supported by currency appreciation, lower borrowing costs, a high primary surplus and debt-management measures.
SIGA, however, cautioned that fiscal risks remain, including outstanding loan guarantees of GH¢3.03 billion, on-lent loans of GH¢14.73 billion and contingent liabilities that crystallised from public-private partnership agreements.
Reforms Across State-Owned Entities
The report further documents a series of institutional and policy reforms during FY2025.
The Ministry of Finance introduced new Public Financial Management Implementation Guidelines requiring Specified Entities to submit quarterly internal audit and commitment-control reports.
Public-sector procurement infractions subsequently fell sharply from GH¢18.4 billion in FY2024 to GH¢2.2 billion in FY2025.
SIGA also strengthened its oversight functions, including assessments of 70 Specified Entities that had executed FY2024 performance contracts.
The report highlights developments under the government’s 24-Hour Economy Policy, including extended operations across several state entities.
It also details developments in road infrastructure, state-owned banking, the establishment of the Ghana Gold Board and reforms within the railway sector.
Climate And Gender Progress
SIGA reported continued progress in climate-related reporting.
Of the 162 reporting Specified Entities, 42 disclosed climate-related projects, programmes or initiatives in FY2025, compared with 27 the previous year.
Employment across the Specified Entities also increased by 5.45% to 98,724 workers, representing an additional 5,104 jobs.
Women accounted for 30.02% of the workforce, up from 29.30% in FY2024.
SIGA Calls For Sustainable Value Creation
Despite the improvements recorded during the year, SIGA stressed that the gains should not be viewed simply as a temporary recovery.
The Authority said Ghana’s Specified Entities must move from recovery to resilience, compliance to performance, and state ownership to sustainable value creation.
That, it said, will require stronger accountability, disciplined capital allocation, decisive action against persistent underperformance and performance-driven governance.
“The gains of FY2025 must not become a temporary rebound,” the report concludes.
SIGA said the ultimate objective is to build a more efficient, competitive, inclusive and sustainable state-owned sector capable of creating value for the Ghanaian taxpayer and contributing meaningfully to national development.
