Back to Latest Briefings
April 1, 2026
AI-Enhanced
Anti-Fraud specialist flags increasing risks in online transactions
Money
Policy
Growth
Key Points
- Cybercrime is a major and growing threat driven by the rapid shift to digital transactions and increased reliance on internet-based systems.
- It encompasses cyber-enabled crimes (traditional offences amplified by technology) and cyber-dependent crimes (only possible through digital systems like hacking).
- Fraud, particularly Business Email Compromise (BEC) and romance fraud, is the most visible form, with Africans often linked to receiving proceeds of large-scale schemes.
- Within Africa, individuals and businesses are heavily affected by cyber-enabled fraud in areas like e-commerce and mobile money transactions.
- Addressing the threat requires a layered approach: technical safeguards, better user habits (MFA, updates), and prompt reporting of incidents to authorities like the Ghana Police Service Cyber Crime Unit.
Why This Matters
This article is highly relevant to Ghana as the nation, like much of Africa, is experiencing a rapid expansion of digital financial services and mobile money, making its citizens and businesses increasingly vulnerable to cyber threats. The escalating cybercrime rates highlighted can erode trust in these essential digital platforms, impede economic growth, and lead to significant financial losses, necessitating urgent national attention and robust cybersecurity measures.
Read Full Article
View original sourceRelated Articles
July 8, 2026
Abu Trica rushed to Police Hospital as lawyer raises concerns over access to client
- Frederick Kumi (Abu Trica) has been rushed to the Police Hospital, according to his lawyer, Oliver Barker-Vormawor.
- His legal team has been denied access to him for over a week, and they are unaware of his current detention location, with Interpol denying custody.
- Barker-Vormawor plans to file a habeas corpus application if authorities continue to deny Abu Trica his right to legal representation.
- The lawyer criticized the treatment of Ghanaian citizens in cases involving foreign law enforcement agencies, likening it to treating them as 'animals'.
- Abu Trica faces extradition to the United States over an alleged $8 million romance scam and wire fraud scheme.
July 8, 2026
GRA gives Electrochem seven days to settle GH¢6.8m tax debt or face sanctions
- The Ghana Revenue Authority (GRA) has issued a seven-day ultimatum to Electrochem Ghana Limited to settle an outstanding tax liability of GH¢6.8 million.
- As an enforcement measure, GRA officers sealed off the company's administration block at Ada on July 8.
- The tax arrears date back to 2021, initially totaling GH¢8.8 million with interest, though a GH¢200,000 payment was made by the company.
- The GRA chose not to fully shut down operations to allow the company to continue working and raise funds for the remaining balance.
- This action is part of the GRA's intensified enforcement drive to improve revenue mobilization and meet its annual collection targets.
July 8, 2026
Akandoh mourns Sefwi Sayerano shooting victims, calls for justice
- Health Minister and Juaboso MP, Kwabena Mintah Akandoh, expressed condolences for a fatal shooting incident in Sefwi Sayerano.
- The incident, which occurred during a police attempt to arrest a suspected drug peddler, resulted in three deaths and two injuries.
- A confrontation between police officers from the Sefwi Wiawso Divisional Police Command and residents led to the shootings.
- Mr. Akandoh called for justice and adherence to legal processes, urging that the law take its course.
- He also criticized minority MPs for allegedly politicizing the tragic event.