25.7 C
Accra
Friday, June 26, 2026
HomeBusiness

Business

Cedi strength cuts Societe Generale Ghana’s bottom line as profit after tax dips 28%

Societe Generale Ghana’s 2025 profit dropped 28% to GH¢397m amid falling interest rates and a stronger cedi. The bank remains well capitalised and optimistic about growth

Government reports strong 2025 fiscal turnaround as debt falls by GH¢82.1bn and inflation drops to 3.8%

The government has announced what it describes as one of the most significant economic turnarounds in Ghana’s history, citing strong fiscal consolidation, sharp declines...

BoG engages UK-Ghana Chamber of Commerce on FX directives, macro stability

The Bank of Ghana reiterates its commitment to macroeconomic stability and foreign exchange market discipline during an engagement with the UK-Ghana Chamber of Commerce

MTN to boost operations with $1.1 billion investment in three years

MTN Group CEO Ralph Mupita announces a USD $1.1 billion investment in MTN Ghana to expand digital infrastructure, Mobile Money coverage, and service quality over the next three years

IMF urges faster COCOBOD turnaround as cocoa pressures weigh on Ghana’s external position

IMF urges faster COCOBOD turnaround as cocoa pressures weigh on Ghana’s external position

NPA denies gas shortage, urges consumers against panic buying

The National Petroleum Authority (NPA) dismisses claims of an impending gas shortage, confirming over a month’s supply is available

Ivory Coast eyes cocoa price slash after Ghana’s 28.6% cut

Ivory Coast is considering cutting cocoa farm gate prices to align with Ghana, as both nations battle a deepening sector crisis under the Ivory Coast–Ghana Cocoa Initiative