BETAWest Africa-focused independent oil and gas explorer Tullow Oil posted an 87% slump in annual profit on Tuesday.
Adamus Resources Limited has rejected allegations linking it to illegal mining, insisting it has complied fully with Ghana’s mining laws and due process has not been followed in the revocation of its licences. In a detailed press statement issued on April 29, 2026, the indigenous mining firm said it was being wrongly portrayed as engaging in unlawful activity, arguing instead that it has consistently operated within the framework of the Minerals and Mining Act, 2006 (Act 703). The company mainta
Npontu Technologies Limited has appointed renowned finance and digital strategy expert Noel Tagoe to its board, in a move aimed at strengthening its governance and supporting its expansion across Africa’s digital economy. The Accra-based firm, known for its work in artificial intelligence and enterprise software, said the appointment reflects a deliberate effort to align its boardroom capacity with its growing continental ambitions. The company has built a reputation through flagship products su
According to the technical engineer for Rema Ghana Limited, Prince Danquah, the initiative aims to connect Gbenfu, Kablima, Bale and Kilampobile to the network to enhance communication, improve access to information and boost local economic activities.
Women-led businesses in Ghana are being encouraged to move beyond passive online activity and strategically use social media as a critical tool for growth, visibility and access to finance. This call was made by the Head of Women Banking at Stanbic Bank Ghana, Marian Amartey, during the MTN SME Accelerate Webinar Series, where she spoke on the topic, “Breaking Barriers to Growth for Women in Business.” Her remarks highlighted a growing gap between the potential of women-owned enterprises and the
The Ghana Stock Exchange (GSE) kicked off the trading week with a cautious tone as the benchmark GSE Composite Index slipped by nearly 19 points to close at 14,854.38, even as the financial sector index posted modest gains. Total market turnover stood at over 34 million cedis, driven largely by heavy activity in Scancom PLC. While the broader index dipped, a handful of stocks delivered impressive gains, with Clydestone and Cal Bank emerging as the day’s standout performers. Gainers’ roundup Lead
The Agricultural Development Bank PLC (ADB) has reported a profit after tax of GH¢101.5 million for the first quarter ended 31 March 2026, representing a 47 per cent increase from the GH¢68.8 million recorded in the same period of 2025. The bank’s unaudited summary financial statements released on Tuesday showed that profit before tax rose to GH¢156.1 million, up from GH¢105.9 million a year earlier. Interest expense fell sharply by 45.6 per cent to GH¢136.5 million from GH¢251.1 million, drivin
Ghana’s largest indigenous bank, GCB Bank PLC, has delivered a stunning financial performance for the first quarter of 2026, posting a 71 per cent surge in profit before tax to GH¢902.5 million, compared to GH¢533.2 million recorded in the same period last year. The remarkable earnings growth, contained in the bank’s unaudited separate and consolidated financial statements for the period ended March 31, 2026, was driven by a near doubling of loans to customers, a sharp contraction in loan impair
Energy Minister John Abdulai Jinapor has apologised to Ghanaians affected by the recent power outages caused by the fire at the Akosombo Hydroelectric Plant, saying the government did not foresee the scale of the disaster and is working urgently to restore supply. Speaking at a government accountability press engagement, Mr Jinapor acknowledged the hardship being faced by homes and businesses across the country and said he personally shares in the discomfort of affected citizens.
The clock is no longer ticking; it is pounding. With less than 50 days until Ghana’s opening clash against Panama in the 2026 FIFA World Cup, the man seated in the hot seat of the Black Stars is neither a wide-eyed novice nor a firebrand local hero. It is Carlos Queiroz, a 73-year-old tactical automaton who arrives with a steely declaration: “I am a winning coach.” But in the suffocating pressure cooker of Ghanaian football, where patience expired three tournaments ago, the question is not wheth
In boardrooms across Ghana and beyond, a familiar concern is quietly gaining ground: “How do we manage Gen Zs?” It is a question often framed in terms of perceived challenges, short attention spans, unconventional communication styles, and a redefinition of workplace norms. But I believe we may be asking the wrong question. The real question is this: How do we leverage Gen Z’s digital fluency to drive business performance? Whether we acknowledge it or not, Gen Zs are not just entering the workfo
The pressure on Ghana’s HR professionals has never been more specific. It is not enough to fill vacancies faster or run an annual appraisal cycle. The organisations pulling ahead in banking, telecoms, manufacturing, and the public sector, are doing so because their HR functions have moved from administration to architecture. They are not managing people reactively. They are designing conditions for sustained high performance. That shift demands five things, none of which are simple to execute. S
MTN Ghana has announced the appointment of Esi Mmirba Wilson as Chief Human Resource Officer, effective 15 April 2026.
The Ministry of Energy has confirmed that the Akosombo Dam has been completely shut down following a devastating fire at the Ghana Grid Company (GRIDCo) substation in Akosombo, a development that has triggered widespread power outages across the country. Ministry spokesperson Richmond Rockson said the decision to shut down the facility was unavoidable after critical infrastructure was destroyed in the blaze.
In the modern information ecosystem, the greatest threat to an institution’s credibility is not always a bad decision. Often, it is a slow response. In the time between an event and an institution’s official clarification, narratives form, harden and circulate, across social media platforms, radio call-in shows, and international news wires, with a velocity that no traditional press office was designed to match. For Ghana’s cocoa sector, which underpins national export earnings, rural livelihood
MobileMoney Fintech Ltd is shifting its strategic focus from expanding access to deepening usage across its ecosystem as it works to accelerate financial inclusion and build a stronger digital financial services platform.
The Chief Executive Officer (CEO) of Pecan Energies Ghana Limited, Kadijah Amoah, has been named among the World Economic Forum’s Young Global Leaders (YGL) for the Class of 2026, placing her among a select group of leaders shaping the future of global leadership. The recognition highlights Mrs Amoah’s growing influence at the intersection of energy, economic reform and sustainable development. Her work sits at the intersection of energy security, sovereign reform and sustainable development, wi
The government's treasury bills auction has recorded its seventh consecutive undersubscription, reflecting continued tight liquidity conditions in the banking system and cautious investor sentiment toward sovereign debt. According to the results of tender 2004 held on April 24, 2026, for government of Ghana securities to be issued on April 27, 2026, investors submitted total bids of GH¢4.48855 billion across the 91-day, 182-day, and 364-day instruments, falling short of the government's target o
StarLife Assurance, in partnership with MTN Ghana, has announced a comprehensive insurance package for each winner of the 2025 SME Ghana Awards (SMEGA).
StarLife Assurance, in partnership with MTN Ghana, has announced a comprehensive insurance package for the winners of the 2025 SME Ghana Awards (SMEGA).