BETAScancom PLC, operating as MTN Ghana, has completed the structural separation of its mobile money business, a move that aligns with the company’s strategic focus on scaling its fintech operations just as the division reported annual revenue of GH¢6 billion. In an announcement to the Ghana Stock Exchange (GSE) on April 2, 2026, the company confirmed that the statutory merger of its two mobile money subsidiaries, MobileMoney LTD and MobileMoney Fintech LTD, became effective on March 31, 2026, follo
Fan Milk PLC recorded a profit after tax of GH¢68.33 million for the year ended December 31, 2025, representing a 38 per cent increase from the GH¢49.46 million reported in the previous year, according to the company’s audited financial statements released on March 31, 2026.
Agricultural Development Bank (ADB) PLC recorded a profit after tax of GH¢367.29 million for the year ended December 31, 2025, a sharp turnaround from the GH¢225.09 million loss reported in the previous year, according to the bank’s summary financial statements released on March 31, 2026. The financial statements, signed by Managing Director Edward Ato Sarpong and Independent Non-Executive Director Courage Akanwunge Asabagna, showed that the bank’s recapitalisation efforts and improved loan reco
Mr David Azupio, Founder and Chief Executive Officer of Sotei Energy Limited, has been named Outstanding Personality of the Year at the 11th Corporate Ghana Hall of Fame Awards, in recognition of his leadership in the country’s downstream petroleum sector. The award, presented at the La Palm Royal Beach Hotel, automatically inducts Mr Azupio into the Corporate Ghana Hall of Fame, a network of leading executives and business figures aimed at promoting collaboration across industries. Organisers c
Fan Milk PLC recorded a profit after tax of GH¢68.33 million for the year ended December 31, 2025, representing a 38 per cent increase from the GH¢49.46 million reported in the previous year, according to the company’s audited financial statements released on March 31, 2026. The financial statements, signed by Chairperson Freda Yahan Duplan and Managing Director Lionel Parent, showed that total revenue for the year rose by 46 per cent to GH¢1.00 billion from GH¢683.82 million in 2024. Gross prof
Managing Director of GCB Bank, Farihan Alhassan, says the bank’s strong brand culture and dedicated workforce were key to its record performance in 2025.
With its record-breaking performance in the 2025 financial year, Ghana’s premier indigenous bank, GCB Bank PLC (GCB) has set a new industry standard by surpassing the GHS3 billion profitability mark and further strengthening its positioning as a resilient and ever-evolving market leader focused on delivering true value to its stakeholders. The Bank recorded an industry-first Profit Before Tax (PBT) of GHS3.2 billion, representing a 67.4 per cent year-on-year increase as well as another industry
All is set for the 2026 edition of the Kwahu Business Forum, with organisers confident that the comprehensive measures implemented and innovative additions will culminate in a flawless, productive, and highly impactful business summit. The forum, which is the brainchild of President John Dramani Mahama and Chief of Staff, Julius Debrah, is scheduled to kick off on Friday, April 3, 2026, with expectations rife that this year’s edition will witness the biggest gathering of successful indigenous en
GCB Bank PLC has reported a record-breaking financial performance for the 2025 financial year, becoming the first bank in Ghana to surpass the GHS3 billion profit mark. The bank posted a profit before tax of GHS3.2 billion, representing a 67.4 per cent year-on-year increase, alongside an operating income of GHS6.3 billion—both described as industry firsts. The performance also saw the bank lead across key indicators, including deposits, loans and total assets.
Minority Leader Alexander Afenyo-Markin has warned that Ghana’s mining sector is facing one of the heaviest tax burdens globally, a situation he says is pushing investors to relocate capital to more competitive jurisdictions.
The Ghana Stock Exchange recorded a second consecutive session of losses on Wednesday (April 1, 2026), with the GSE Composite Index (GSE-CI) shedding 143.05 points to close at 12,917.08, as selling pressure continued to weigh on the bourse. Trading data for the 7,183rd session, held on April 1, 2026, showed sustained investor caution, with the GSE Financial Stocks Index (GSE-FSI) falling 81.21 points to settle at 7,905.63. MTN Ghana rebounds GH¢0.13, ETI adds GH¢0.04 as GSE recovers ahead of Eas
TotalEnergies Marketing Ghana PLC recorded a profit after tax of GH¢319.08 million for the year ended December 31, 2025, representing a 9.3 per cent increase from the GH¢291.92 million reported in the previous year, according to the company’s audited financial statements released on March 31, 2026. The financial statements, signed by Managing Director Daniel Mayieka and Chairman Philippe Ebanga, showed that total revenue from contracts with customers stood at GH¢5.60 billion, compared to GH¢6.14
The President of the Institute of Chartered Accountants, Ghana (ICAG), Augustine Addo, has charged professional accountants to act as gatekeepers against financial irregularities such as fraud and embezzlement. He explained that there was no financial irregularity that would not go through the accountant, urging them to act as professional bottlenecks to prevent such actions from happening. "There is no fraud or embezzlement that does not go through the accountant. "The Human Resource, Procureme
Global renewable energy capacity rose significantly in 2025, reaching 5,149 gigawatts (GW) after an addition of 692 GW, representing a 15.5% annual increase, a new report by the International Renewable Energy Agency has revealed. According to the report, Renewable Capacity Statistics 2026, renewable energy dominated global power expansion, accounting for 85.6% of total capacity additions, […]
Chief Executive Officer of Dalex Finance, Joe Jackson, has cautioned that the Ghana cedi could face renewed depreciation if authorities fail to address persistent leakages in the country’s export value chain. According to him, the long-standing pressure on the local currency is not primarily driven by Ghana’s import appetite, but rather by the country’s inability […]
The Chief Executive Officer of the Bank, Benjamin Afful-Eshun, said the initiative forms part of a broader strategy to position the bank as a leader in digital transformation while deepening access to financial services across underserved communities.
Ghana has restricted the sale of the Damang Gold Mine to wholly Ghanaian-owned companies, according to a report by Bloomberg, as the government moves to increase local participation in the country’s mining sector. The decision comes ahead of the planned transfer of the mine from Gold Fields to the state on April 18, following the expiration of the company’s lease. Authorities had earlier declined to renew the lease, granting instead a 12-month extension on condition that the asset be transitione
The Chief Executive Officer of Dank Natural Healthcare Complex, Daniel Nti Kwarteng, has been named Ghana’s Most Outstanding Personality in Herbal and Healthcare Services at the 11th edition of the Corporate Ghana Hall of Fame Awards. The award was presented at a ceremony held at the La Palm Royal Beach Hotel on March 26, 2026, bringing together business leaders and executives to recognise excellence in corporate leadership. The event, organised by the Business Executive Group, also inducted sel
Fido, a digital lending platform, emerged as the biggest winner at the 5th Ghana Fintech Awards, securing six honours, including the top prize of Fintech of the Year. The awards ceremony, held in Accra on March 28, 2026, brought together industry players, regulators and financial institutions to recognise innovation and growth within Ghana’s digital finance space. Fido’s wins spanned key categories, highlighting its operations in financial inclusion, partnerships and product innovation. The comp
Unilever Ghana PLC recorded a profit after tax of GH¢95.73 million for the year ended December 31, 2025, representing a 65 per cent increase from the GH¢58.05 million reported in the previous year, according to the company’s audited financial statements released on March 30, 2026. The financial statements, signed by Managing Director Chris Wulf-Caesar and Director Charles B. Nimako, showed that total revenue for the year rose by 12 per cent to GH¢1.04 billion from GH¢930.81 million in 2024. Gros
