Ghana's Securities and Exchange Commission (SEC) issued a public notice identifying News GH and Ghana News as social media entities promoting unlicensed investment products and warning the public to desist from investing in them. The SEC said News GH is advertising an unlicensed product called “Gold AI Rise Platform”, while Ghana News is advertising an unnamed unlicensed investment product promising unrealistic returns at no risk. It stressed that neither entity is licensed to conduct capital market activities as required under Section 3 of the Securities Industry Act, 2016 (Act 929) as amended, and that it is working with law enforcement agencies to clamp down on the individuals behind these entities. The notice was issued pursuant to Sections 3 and 208(c) of the Act.
Securities and Exchange Commission Ghana 2025-07-01
Ghana's Securities and Exchange Commission issues public warning over unlicensed investment promotions by News GH and Ghana News
The Securities and Exchange Commission Ghana issued a notice identifying News GH and Ghana News as social media entities promoting unlicensed investment products. News GH advertises the "Gold AI Rise Platform," while Ghana News promotes an unnamed product with unrealistic returns. The SEC emphasized that neither entity is licensed under the Securities Industry Act, 2016 (Act 929), and is collaborating with law enforcement to address the issue.