BETABenso Oil Palm Plantation PLC has recorded a 47 per cent drop in profit for the first quarter ended March 31, 2026, falling to GH¢19.1 million from GH¢36.1 million in the same period last year, as the sharp appreciation of the Ghana cedi eroded the value of its dollar-referenced sales. Revenue declined by 13.5 per cent to GH¢104.4 million from GH¢120.7 million a year earlier, despite the company reporting higher sales volumes. The contradiction between rising volumes and falling revenue points s
Trading activity remained concentrated in the front-to-belly of the curve, with the 2031-2034 maturities accounting for 56.34% of total turnover. This cleared at a weighted-average yield of 12.53%.
The cost of issuing new notes and coins in Ghana fell sharply last year, dropping by more than 54 per cent to GH¢471.4 million, down from GH¢1.01 billion in 2024, according to the Bank of Ghana's 2025 financial statements released last week. The dramatic reduction in currency issue expenses was driven almost entirely by a steep decline in notes printing and coin minting costs, which tumbled from GH¢986.9 million in 2024 to GH¢277.6 million in 2025, a saving of more than GH¢709 million for the ce
“Banks that started late in the digital race can still win – if they partner with fintechs,” says Prudential Bank’s Acting Managing Director, Ebow Quayson. “Partnerships are no longer optional. They are the quickest route to scale.” Speaking to a Pan-African audience at the Lafferty Retail Banking Council Africa Meeting, Mr. Quayson pointed to PBL’s own digital journey as proof saying fintechs came handy to close the gap on reach and service delivery almost overnight.
The Ghana Stock Exchange (GSE) closed the first trading session of May with a marginal decline on Monday, as the GSE Composite Index dipped 16.62 points to settle at 15,113.90, while the GSE Financial Stocks Index shed 24.78 points to close at 8,814.63. Despite the dip in the indices, market capitalisation remained robust at GH¢281.36 billion, reflecting the underlying strength of listed equities even on a quiet trading day. Total trading volume for session 7203 reached 1,526,533 shares, with a
Kasapreko PLC, the Ghanaian beverage manufacturer behind the iconic Alomo Bitters brand, has launched an initial public offering (IPO) of up to 583,333,333 ordinary shares at an offer price of GH¢1.20 per share, in a move that will see the company list on the main market of the Ghana Stock Exchange (GSE). The IPO, which commences on May 4, 2026, and closes on June 1, 2026, aims to raise up to GH¢700 million. The minimum subscription threshold has been set at GH¢350 million, meaning the offer wil
Auto Bridge Ghana, a vehicle sourcing and importation company, has officially entered the Ghanaian automotive market with a mission to make it easier for individuals and car dealers to access quality vehicles from the United States.
The Minority Caucus in Parliament has accused the Bank of Ghana (BoG) of masking the true scale of its 2025 financial losses, warning that the central bank’s position is far more fragile than official figures suggest. At a press conference in Accra on Sunday (May 3, 2025), the Ranking Member on the Economy and Development Committee, Kojo Oppong Nkrumah, said the BoG’s published loss of GH¢15.6 billion understated what he described as a much deeper financial deterioration. He argued that a detail
TotalEnergies Marketing Ghana PLC has recorded a 26 per cent decline in profit after tax for the first quarter ended 31 March 2026, falling to GH¢60.4 million from GH¢81.7 million in the same period last year. The petroleum marketing company saw revenue drop sharply to GH¢1.177 billion from GH¢1.885 billion, a reduction of nearly 38 per cent. Cost of sales also fell, but not enough to protect the bottom line, coming in at GH¢948.9 million compared with GH¢1.658 billion in the prior year quarter.
Ghana is set to intensify conversations around food security, agricultural transformation and export competitiveness as stakeholders across the agribusiness value chain prepare to converge in Accra for the third edition of the Ghana Horticulture Expo 2026. The three-day event, scheduled for June 11 to June 13 at the State House, is expected to bring together farmers, exporters, agribusiness operators, policymakers, investors, researchers, students and development partners to explore strategies f
When the Ghana Gold Board (GoldBod) announced last week through its financials that it had assayed a total of 103.8 metric tonnes of ASM gold valued at $10.8 billion and 101 metric tonnes of large-scale gold valued at $9.7 billion in 2025 — while still ending the year with a surplus of over GH¢5.4 billion […]
The 91-day bill was once again the most subscribed bill as GH¢1.89 billion of the bids were tendered, representing 42.2% of the total bids. The uptake was, however, GH¢1.88 billion.
Enterprise Group PLC has recorded a 49 per cent drop in profit for the first quarter ended March 31, 2026, falling to GH¢71.3 million from GH¢140.1 million in the same period last year. The insurance and investment holding company said net insurance finance expense jumped sharply to GH¢101.8 million from just GH¢4.5 million a year earlier, heavily weighing on the bottom line. Insurance service result after reinsurance also turned negative, swinging to a loss of GH¢20.6 million from a profit of G
Fan Milk PLC has stormed into the 2026 financial year with an emphatic performance, posting an 84 per cent surge in profit before tax to GH₵61.2 million for the first quarter ended March 31, 2026, compared with GH₵33.2 million in the same period last year. The Accra-based dairy products manufacturer, known for its frozen yoghurt and ice cream brands, saw revenue leap by 33 per cent to GH₵321.6 million, up from GH₵242.2 million in the prior year quarter, as consumer demand held firm and distribut
Guinness Ghana Breweries PLC has recorded a year-to-date profit of GH₵185 million for the nine months ended March 31, 2026, weathering a difficult operating environment marked by scheduled plant overhauls and persistent competition from parallel imports. Net sales during the period fell short of the corresponding quarter last year, a decline the Accra-based brewer attributed primarily to planned maintenance and equipment overhaul activities on its packaging lines. The company, however, assured s
The Multimedia Group’s highly anticipated two-day May Day Egg Market has drawn to a triumphant close at the Joy FM Car Park, captivating throngs of shoppers eager to access affordable, high-quality eggs while championing Ghana’s poultry industry.
Hoshii International Limited has reaffirmed its commitment to sports development and athletic excellence with the announcement of its official Gold Sponsorship of the 2026 African Senior Athletics Championships, set to take place in Accra from May 12–17, 2026. This landmark partnership positions Hoshii Instant Rice and X1 Energy Drink as the Official Food and Energy […]
The Bank of Ghana’s 2025 operational loss has been described as a ''new low'' in its recent history. In its 2025 Financial Statement published on May 1, 2026, the Bank of Ghana registered a huge operational loss of GHS 15.6 billion, which is the second highest loss by the Bank since the Cedi was redenominated in 2008.
Industry giants have moved to cut the prices of petrol and diesel in line with the price floor announced by the National Petroleum Authority last week.
The Ghana Stock Exchange (GSE) rounded off the month of April in spectacular fashion on Thursday, as the GSE Composite Index climbed another 32 points to close at 15,130.52, extending the week's remarkable run. Total market turnover surged to over 41.5 million cedis from more than 4 million shares traded, marking the highest daily value of the week. The index has now gained more than 270 points over the past three sessions, and investor wealth has swelled by nearly 2.2 billion cedis since Monday
