Wednesday, August 12, 2026
Ghana Fact
  • Who We Are
    • About Us
    • How we work
    • Submit a claim to check
    • Partners
    • Our Team
    • Funding
    • Principles
    • Corrections
    • Privacy Policy
    • Press Releases
  • Contact
  • Home
    • Latest
    • Trending
  • Governance
  • DisinfoLab
    • Narrative Reports
    • Scams & Spam
  • Politics
    • Election 2020
    • Election 2024
  • Economy
  • Health
    • COVID-19
  • Environment
  • AI & Deepfakes
No Result
View All Result
Ghana Fact
  • Home
    • Latest
    • Trending
  • Governance
  • DisinfoLab
    • Narrative Reports
    • Scams & Spam
  • Politics
    • Election 2020
    • Election 2024
  • Economy
  • Health
    • COVID-19
  • Environment
  • AI & Deepfakes
No Result
View All Result
Ghana Fact
No Result
View All Result
Home Economy

FACT-CHECK: MTN mobile money service to shut down?

ghanafactbyghanafact
September 25, 2019
in Economy
Reading Time: 2 mins read
A A
FACT-CHECK: MTN mobile money service to shut down?
Share on FacebookShare on TwitterShare on ThreadsWhatsApp

Claim: MTN mobile money service in Ghana to shut down.

Verdict: FALSE

Researched by GhanaFact Team

A voice note that has gone viral on social media is encouraging MTN mobile money customers to withdraw their funds from their accounts due to an impending shutdown of the telecom company’s mobile money platform.

The voice note which seems to have been recorded by a woman has been widely circulated on WhatsApp and Facebook despite the source being unknown.

According to the voice note the imminent shutdown of the MTN MOMO service in Ghana follows retaliatory attacks by Nigerians against the company for the xenophobic attacks happening in South Africa.

RelatedNews

FACT-CHECK: Claim that Ghana has permanently shut down South African company Gold Fields is false

FACT-CHECK: Claim that Ghana has permanently shut down South African company Gold Fields is false

FACT-CHECK: Angel FM presenter’s claim that GRA reintroduced E-Levy is False

FACT-CHECK: Angel FM presenter’s claim that GRA reintroduced E-Levy is False

Cambodia DID NOT order Africans to leave but Ghana’s top news portals fell for viral misinformation

Cambodia DID NOT order Africans to leave but Ghana’s top news portals fell for viral misinformation

False! Ghana’s daily minimum wage is not GH¢19, neither is it the lowest in West Africa

False! Ghana’s daily minimum wage is not GH¢19, neither is it the lowest in West Africa

Speaking in an indigenous Ghanaian language, Twi, the lady said:

“Hello, good morning sis. The information I have is that the fracas between South Africa and Nigeria have led to the burning of some MTN offices and the suspension of the leadership of the company. This will lead to the shutdown of the MTN mobile money service. If this happens it is likely you will lose all your funds in your account, so if you have any money in your MTN mobile money account you can withdraw it and deposit same in your bank account for now. Also, contact any loved one of yours who uses the service and alert them to withdraw their funds from MTN mobile money until there is any good news about what is happening. Or else you can lose all the funds in your mobile wallet. Please, forward this message to someone else at least.”

 MTN denies report

“The MTN mobile money platform in Ghana is still robust. It is not connected in anyway with the incidence happening in South Africa and Nigeria,” Corporate Services Executive for MTN Ghana, Samuel Koranteng said at the 43rd Annual General Meeting of the Ghana National Chamber of Commerce and Industry (GNCCI) in Accra on September 11.

The telecommunication company also in a public notice rejected the report as false and assured customers that their funds are safely lodged with 18 partner banks in Ghana.

Here is the public notice from MTN:

As part of efforts to counter the targeted disinformation against the company, MTN Ghana on September 9 also posted a message on their Facebook page together with a voice note by Ghanaian journalist Nana Aba Anamoah listing the 18 partner banks where customers’ funds are lodged among other assurances. The post has been viewed by more than 40,000 people, shared 835 times and generated 518 comments.

 

Tags: MTNNigeria
ShareTweetShareSend

Related Posts

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

Afenyo-Markin’s claim that 2026 mid-year budget had no policy announcement on cocoa sector is false

Afenyo-Markin’s claim that 2026 mid-year budget had no policy announcement on cocoa sector is false

Captain Smart falsely claims Ato Forson is the first minister to not request extra funds in mid-year budget

Captain Smart falsely claims Ato Forson is the first minister to not request extra funds in mid-year budget

Live fact-checking: 2026 mid-year budget review by Minister for Finance 

Live fact-checking: 2026 mid-year budget review by Minister for Finance 

Explainer: Why Ghana is still with the IMF despite exiting US$3 billion bailout programme 

Explainer: Why Ghana is still with the IMF despite exiting US$3 billion bailout programme 

FACT-CHECK: Angel FM presenter’s claim that GRA reintroduced E-Levy is False

FACT-CHECK: Angel FM presenter’s claim that GRA reintroduced E-Levy is False

Load More

Most Recent

30% women in cabinet: Mahama’s promise remains far off despite Zanetor’s nomination

30% women in cabinet: Mahama’s promise remains far off despite Zanetor’s nomination

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

No! Ghana has not removed English as a teaching language in basic schools

False! Kindergarten pupils will NOT learn Chinese under Ghana’s new basic school curriculum

GARID: The World Bank-funded urban resilience project that became topical after June 29 floods 

GARID: The World Bank-funded urban resilience project that became topical after June 29 floods 

Load More

Most Popular

South Korea and Japan are not offering $75000 for Black Men to impregnate their women

South Korea and Japan are not offering $75000 for Black Men to impregnate their women

GARID: The World Bank-funded urban resilience project that became topical after June 29 floods 

GARID: The World Bank-funded urban resilience project that became topical after June 29 floods 

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

Explainer: Ghana’s mid-year fiscal policy review – when mini-budgets started and why it matters

FACT-CHECK: GHOne flyer claiming dual citizens ‘eligible to contest any position in Ghana’ is misleading

FACT-CHECK: GHOne flyer claiming dual citizens ‘eligible to contest any position in Ghana’ is misleading

Load More
Ghana Facts - factscheck

GhanaFact is a project by FactSpace West Africa aimed at curbing the spread of disinformation on traditional and social media.

Follow Us

Browse Articles

  • AI & Deepfakes
  • DisinfoLab
    • Narrative Reports
    • Scams & Spam
  • Economy
  • Election 2020
  • Election 2024
  • Environment
  • General News
  • Governance
  • Health
    • COVID-19
  • Other Checks
  • Politics
  • Press Releases
  • Promise Meter

Contact

Address: P. O. Box AB 521, Abeka-Lapaz, Accra

WhatsApp: +233 244 49 9971

Email: info@ghanafact.com

Memberships

Memberships
  • Submit a claim to verify
  • Contact
  • Corrections
  • Team
  • About
  • Funding
  • How we work
  • Partners
  • Principles
  • Sitemap
  • Privacy Policy

© 2025 Ghana Fact - All rights reserved - Web development by EnspireFX Websites.

No Result
View All Result
  • Home
    • Latest
    • Trending
  • Governance
  • DisinfoLab
    • Narrative Reports
    • Scams & Spam
  • Politics
    • Election 2020
    • Election 2024
  • Economy
  • Health
    • COVID-19
  • Environment
  • AI & Deepfakes

© 2025 Ghana Fact - All rights reserved - Web development by EnspireFX Websites.