NCA Collaborates with SEC and NMC to Educate FM and Television Broadcasting Stations on Fraudulent Investment Schemes

December 16, 2025: The National Communications Authority (NCA), in collaboration with the Securities and Exchange Commission (SEC) and the National Media Commission (NMC), has engaged FM and Television broadcasting stations as part of efforts to strengthen public protection against fraudulent investment schemes and unethical broadcast content at the NCA Tower.

The engagement aimed to educate broadcasters on their responsibilities in vetting advertisements and promotional content, particularly those related to investment opportunities that may expose the public to financial harm.

Mr. Bernard Amissah-Ocran welcoming stakeholders

Speaking on behalf of the Acting Deputy Director-General in charge of Technical Operations at the NCA, Mr. Salifu Suleman, the Head of the Engineering Division at the NCA, Mr. Bernard Amissah-Ocran, emphasised the collective responsibility of regulators and broadcasters in safeguarding the integrity of the airwaves.

“As regulators and operators, we are collectively entrusted with ensuring that the airwaves remain safe, credible, and in the public interest. This includes exercising vigilance over broadcast content, particularly advertisements and promotions that may expose the public to financial harm,” he stated.

He described the engagement as both timely and necessary, noting that it provided a platform for the Securities and Exchange Commission (SEC) to educate broadcasters on the indicators and regulatory implications of fraudulent investment schemes. The forum also reinforced the importance of inter-agency collaboration among the NCA, SEC, and the National Media Commission (NMC) in addressing cross-sectoral challenges.

Mr. George Sarpong, Executive Secretary of the National Media Commission
speaking at the event

Delivering his remarks, the Executive Secretary of the National Media Commission (NMC), Mr. George Sarpong, underscored the importance of strengthened collaboration among regulators and broadcasters in addressing emerging challenges within the media space. He charged broadcasters to actively use their platforms to educate the public, particularly on issues that pose risks to society. Mr. Sarpong further emphasised the need to establish formal forums through which regulators can collectively address emerging threats and enhance coordinated responses across sectors.

Mr. Mensah Thompson, Deputy Director General
at SEC speaking at the event

The Deputy Director-General at the Securities and Exchange Commission (SEC), Mr. Mensah Thompson, noted that fraudulent investment schemes not only undermine investor confidence but also erode public trust in legitimate financial and media institutions.

He further highlighted that the rapid growth of new media and digital platforms, while offering opportunities for innovation and economic growth, has also introduced new risks. He stated that the engagement forms part of ongoing efforts by the NCA, NMC and SEC to strengthen regulatory oversight, enhance inter-agency collaboration, and protect the public from financial and digital risks within Ghana’s evolving media landscape.

Cross Section of participants at the event