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The government is positioning Ghana’s horticulture sector as a key driver of export growth, with renewed efforts to improve production, processing, certification and access to international markets.
Nigeria’s 4.43 percent economic growth in the second quarter of 2026 (Q2’26) is masking a deepening industrial crisis, with manufacturing and the broader industrial sector losing ground as services increasingly dominate economic activity, the Manufacturers Association of Nigeria, MAN, has warned. The post GDP growth data masking deep industrial, security crises — MAN appeared first on Vanguard News.
The Ghana Ports and Harbours Authority (GPHA) recorded a net profit of GH¢2.82 billion in 2025, representing a 17.18 per cent increase over the approximately GH¢2.41 billion recorded in 2024. The Authority’s total revenue also increased from GH¢6.998 billion in 2024 to GH¢7.620 billion in 2025, according to the 2025 State Ownership Report by the […]
Banking and Corporate Governance Consultant, Dr Richmond Atuahene, has questioned the quality of the financial turnaround recorded by Ghana’s State-Owned Enterprises (SOEs), arguing that the reported profits do not necessarily reflect improved operational efficiency.
Total expenditure amounted to GH¢109.376 billion (6.8% of GDP), 24.9% below its programmed target of GH¢145.731 billion (9.1% of GDP).
The Legal Green Association (LGA) has commended the government, the State Interests and Governance Authority (SIGA), and the boards and management of state-owned enterprises (SOEs) for what it describes as significant improvements in the performance of the state-owned sector in the 2025 financial year. According to the LGA, the improvements, as reported in the 2025 State Ownership Report released by SIGA, indicate progress in public-sector performance, financial management and institutional eff
Bayport Ghana recorded a 27.4% increase in gross revenue to GH¢541.7 million in 2025, while adjusted EBITDA more than doubled to GH¢112 million, according to its 2025 Environmental, Social and Governance (ESG) Annual Report. The financial services company said the strong performance was driven by improved operational efficiency, increased local economic contribution and continued investments […]
Electrical engineer Ing. Hesford Quaye-Larbi has urged the government to impose strict key performance indicators (KPIs) on Ghanaian managers of the country’s electricity distribution system instead of handing its operations to a private investor.
TDC Development Company more than tripled its net profit in 2025, closing the year at GH¢195.61 million, up from GH¢59.99 million in 2024, according to the latest State Ownership Report by the State Interests and Governance Authority (SIGA).
Electrical Engineer Hesford Quaye-Larbi has warned that rapid urban expansion is placing severe pressure on the country’s electricity infrastructure, contributing to overloaded transformers, technical losses, and an unreliable power supply.
Electrical engineer Ing. Hesford Quaye-Larbi has said the Electricity Company of Ghana (ECG) could generate substantial revenue to strengthen the country’s power sector by reducing its technical and commercial losses, without necessarily increasing electricity tariffs.
Electrical Engineer Hesford Quaye-Larbi has disclosed that the Electricity Company of Ghana (ECG) loses about 27 per cent of the electricity it receives for distribution due to technical and commercial challenges.
The Ghana Grid Company Limited (GRIDCo) recorded a sharp decline in its core financial performance in 2025, with operating profit falling by 89.45 per cent despite an increase in net profit.
Electrical Engineer at Electricity Company of Ghana Limited, Hesford Quaye-Larbi has identified financial weakness as a major challenge confronting Ghana’s power sector, warning that persistent electricity losses are limiting the ability of distribution companies to generate enough revenue to meet their financial obligations.
Ghana Digital Centres Limited (GDCL) recorded a sharp deterioration in its financial performance in 2025, as its net loss nearly tripled to GH¢6.06 million amid falling revenue and weakening cash generation.
Vice President of IMANI Africa, Bright Simons, has challenged the State Interests and Governance Authority’s (SIGA) reported GH¢19.8 billion combined net profit recorded by Ghana’s state-owned enterprises (SOEs) in 2025.
President Bola Tinubu has welcomed the news on Monday from the National Bureau of Statistics, which shows that Gross Domestic Product for the second quarter of 2026 grew by 4.43 per cent, up from 4.23 per cent in the second quarter of 2025. The post Tinubu welcomes GDP growth report, assures stronger microeconomic performance appeared first on Vanguard News.
The headline number is a showstopper. For the first time in four years, Ghana’s State-Owned Enterprises (SOEs) broke their cycle of cumulative losses, posting a consolidated net profit of GH¢19.80 billion in 2025.
The Environmental Protection Agency (EPA) has more than tripled its accumulated fund from GH¢110.59 million in 2024 to GH¢375.19 million in 2025
Financial irregularities across five audited sectors declined by 62.9 per cent, from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025, Deputy Minister for Finance Thomas Nyarko Ampem has announced.
The State Interests and Governance Authority (SIGA) has released its 2025 State Ownership Report, providing a comprehensive assessment of the financial, operational and governance performance of Ghana’s specified entities.
GOIL PLC recorded a 7.05 per cent increase in net profit in 2025 despite a substantial decline in revenue, according to the 2025 State Ownership Report.
The Youth Employment Agency (YEA) recorded a major financial turnaround in 2025, moving from a GH¢77.58 million deficit in 2024 to a GH¢110.45 million surplus in 2025, according to the 2025 State Ownership Report.
Intercity STC Coaches Limited significantly reduced its losses in 2025, although inadequate operational buses, fare challenges and increasing competition caused its revenue to decline.
The National Petroleum Authority (NPA) recorded a strong financial performance in 2025, with total revenue increasing by 43.09% from GH¢572.71 million in 2024 to GH¢819.50 million, according to the 2025 State Ownership Report.
Consolidated Bank Ghana Limited (CBG) strengthened its financial position in 2025, recording growth in total assets, customer deposits, operating revenue and shareholders’ equity, according to the 2025 State Ownership Report.
The Ghana Export-Import Bank (GEXIM Bank) significantly strengthened its capacity to withstand potential financial losses in 2025, with its capital adequacy ratio increasing to 75.3 per cent.
The Cocoa Processing Company (CPC) recorded a sharp decline in its financial performance in 2025, as operating revenue nearly halved while its net loss widened to GH¢144.06 million, the State Interest and Governance Authority (SIGA) reported.
Perusahaan BUMN farmasi PT Phapros Tbk (PEHA) membukukan laba bersih yang tumbuh 511,01 persen year on year (yoy) ...
Ghana Water Limited (GWL) returned to profitability in 2025, overturning a GH¢3.06 billion net loss recorded in 2024 to post a net profit of GH¢635.23 million.
By Elizabeth Adegbesan ABUJA — Nigeria’s economy expanded by 4.43 per cent year-on-year in real terms in the second quarter of 2026, Q2’26, up from 4.23 per cent recorded in the corresponding quarter of 2025, the National Bureau of Statistics (NBS) said on Monday. The latest figure was contained in the NBS Gross Domestic Product […] The post Nigeria’s GDP grows 4.43% in Q2’26 — NBS appeared first on Vanguard News.
The Ghana Export-Import Bank (GEXIM Bank) recorded a 90.21 per cent increase in interest income in 2025, supported by higher earnings from loans and financial placements.
The Volta River Authority (VRA) returned to profitability in 2025, reversing a net loss of GH¢105.75 million recorded in 2024 to post a net profit of GH¢88.04 million.
Five state-owned enterprises (SOEs), including the Electricity Company of Ghana (ECG) and Graphic Communications Group Company, recorded losses in every financial year between 2021 and 2025, the State Interests and Governance Authority (SIGA) has disclosed.
The Ghana Cocoa Board (COCOBOD) returned to profitability in 2025 after recording significant growth in cocoa purchases, export sales and local sales.
The Ghana Shippers’ Authority (GSA) recorded significant financial gains in 2025, with its net surplus increasing by 271.57 per cent as total income, assets and accumulated funds rose substantially.
According to the report, domestic VAT collections increased by 2.8% on a year-on-year basis to GH¢1.822 billion from GH¢1.772 billion.
Passenger arrivals improved by 3.7% percent in year-on-year terms to 112,634 in May 2026, the July 2026 Monetary Policy Report of the Bank of Ghana has revealed.
The Electricity Company of Ghana (ECG) accounted for GH¢82.31 billion of the total liabilities held by Ghana’s state-owned enterprises (SOEs) in the 2025 financial year, according to the State Interests and Governance Authority (SIGA).
Ghana’s state-owned enterprises (SOEs) recorded a consolidated net profit after tax of GH¢19.80 billion in the 2025 financial year, ending four consecutive years of net losses, according to the State Interests and Governance Authority (SIGA).
…As top ten FMCGs post N601.7bn PAT in H1’26 lRevenue stagnates at less than 1% year-on-year  lAnalysts cite improved operating cost efficiency By Yinka Kolawole The largest fast moving consumer goods (FMCG) manufacturing companies in Nigeria significantly improved profitability in the first half of 2026 (H1’26), even as combined revenue remained broadly flat year-on-year, highlighting […] The post Manufacturing giants grow profit by 35% despite flat revenue appeared first on Vanguard
By Efe Onodjae Following disclosure by Federal Government that agencies under the Ministry of Marine and Blue Economy generated N1.83 trillion in 2025, importers and licensed customs agents have lamented the increasing pressure on businesses in the maritime sector to meet rising revenue targets, saying the gains are not matched by corresponding improvements in port […] The post N1.83TRN MARITIME REVENUE: Importers, agents kick over revenue targets, poor ports appeared first on Vanguard New
By Godwin Oritse  APM Terminals Apapa, Nigeria’s largest container terminal, recorded a 6 per cent increase in export volumes in the first half of 2026, re-enforcing  its continued efforts to boost the country’s non-oil exports and enhance Nigerian businesses’ access to international markets. Terminal Managing Director of APM Terminals Apapa, Kamal Alhraishat, attributed the growth […] The post APM Terminals Apapa records 6% export growth in H1 of 2026 appeared first on Vanguard
By Godwin Oritse APM Terminals Apapa, Nigeria’s largest container terminal, recorded a six per cent increase in export volumes in the first half of 2026, reinforcing its efforts to support the country’s non-oil exports and improve Nigerian businesses’ access to international markets. The Terminal Managing Director, Kamal Alhraishat, attributed the growth to the resilience of […] The post APM Terminals Apapa records 6% export growth in H1 2026 appeared first on Vanguard News.
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