The Securities and Exchange Commission (SEC) has warned the public against dealing with investment products promoted by News GH and Ghana News.

According to the SEC, the two companies have been using social media platforms to advertise unapproved and unlicensed investment schemes operating outside Ghana's regulatory framework.

In a statement posted on Facebook by the Deputy Director General of SEC, Mensah Thompson on July 1, 2025, as sighted by GhanaWeb Business, the Commission stated that neither News GH nor Ghana News is licensed to conduct capital market activities under Section 3 of the Securities Industry Act, 2016 (Act 929), as amended.

As part of its investor protection mandate, the SEC has launched enforcement actions in collaboration with law enforcement agencies to identify and prosecute individuals behind the schemes.

The Commission is also urging the public to remain vigilant and verify the regulatory status of any investment offer through official SEC channels before participating.

The advisory was issued pursuant to Sections 3 and 208(c) of the Securities Industry Act, reinforcing the SEC’s commitment to protecting investors from fraudulent and unregulated market operators.



SP/MA

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