SSNIT's Director-General says the Trust is considering leasing out some loss-making hotel assets as part of a turnaround plan, while assuring that it will not sell any hotel investments. He highlighted that Labadi Beach Hotel remains one of SSNIT's strongest investments, having paid ¢17.8 million in dividends for 2024.
8 hours ago · Joy Online →
Bosomtwe Community Bank PLC recorded a 128.04% growth in profit before tax for 2025, with profit rising from GH¢12.09 million in 2024 to GH¢27.59 million. The board has proposed a dividend-per-share of GH¢0.10p, giving shareholders a 20% return on the current share price of GH¢0.50p.
8 hours ago · Business & Financial Times →
Stanbic Bank Ghana, in partnership with Visa, rewarded customers who won its FIFA World Cup Experience Campaign and launched a new Local Card Usage Initiative to accelerate digital payments and reward local spending.
9 hours ago · Business & Financial Times →
Kasapreko, once dismissed as a small local beverage company in Ghana's industry, has grown significantly to record revenue of approximately GH¢3.5 billion by 2025, surpassing competitors like Accra Brewery and recently listing on the Ghana Stock Exchange with heavily oversubscribed investor interest.
2 hours ago · Joy Online →
Dr Johnson Pandit Asiama, Governor of the Bank of Ghana, urged commercial banks to increase support for entrepreneurs and export-oriented businesses to transform economic stability into broad-based prosperity. He called on banks to develop innovative financial products and position themselves as strategic partners in economic development, noting that the banking sector's total assets expanded by 26.6 per cent to GHS493.9 billion in April 2026.
6 hours ago · Joy Online →
U.S. President Donald Trump announced that Apple had agreed to work with Intel to design and build its chips in the United States. Intel had reached a preliminary deal to make some chips for Apple following discussions lasting more than a year, according to the Wall Street Journal.
7 hours ago · Joy Online →
The director-general of SSNIT announced that La Palm Royal Beach Hotel has returned to profitability for the first time in years as efforts to revive struggling hotel investments show early signs of working. SSNIT has no plans to sell any of its hotel investments despite performance challenges at some assets.
7 hours ago · Joy Online →
SSNIT plans to expand Labadi Beach Hotel by increasing its number of rooms, citing strong financial performance and consistent dividend payouts. The Director-General stated that SSNIT will not sell stakes in the hotel, and expects higher dividend payments this year after the hotel posted profit before tax in excess of ¢67 million in 2024.
7 hours ago · Joy Online →
Ecobank Ghana PLC recorded a profit before tax of GH¢3.03 billion in 2025, up 28.3 per cent from GH¢2.4 billion in 2024, with total revenue of GH¢5.2 billion driven by net interest income, trading income and fee-based earnings.
2 hours ago · The Ghanaian Times →
The Bank of Ghana has announced the conversion of all Rural and Community Banks into Community Banks under the Revised Microfinance Sector Framework to strengthen community-level financial intermediation and expand access to inclusive financial services. Existing Rural Banks have automatically become Community Banks and must complete statutory name changes and regulatory alignment by December 31, 2026.
2 hours ago · The Ghanaian Times →
Dr George Agyekum Donkor, President and Chair of the ECOWAS Bank for Investment and Development, has been selected to receive the Distinguished African Development Finance Leadership Award for Regional Integration and Economic Transformation at the 16th African Business Leadership Awards 2026, in recognition of his contributions to development finance and regional economic integration in West Africa.
2 hours ago · The Ghanaian Times →
Eni Ghana has signed a Letter of Intent with the Italian Agency for Development Cooperation to advance sustainable development initiatives in Ghana, focusing on education, TVET, agriculture, WASH, community health, nutrition, and economic diversification in host communities.
2 hours ago · The Ghanaian Times →
Producer inflation climbed to 5.8% in May 2026 from 2.7% in April, driven mainly by rising costs in mining and quarrying, manufacturing, and transport sectors, according to the Ghana Statistical Service. Mining and quarrying inflation jumped from 5.6% in April to 11.0% in May.
2 hours ago · The Ghanaian Times →
The Bank of Ghana has announced the conversion of all Rural Banks into Community Banks as part of sector reforms to modernise the microfinance sector and expand financial inclusion. Institutions must complete statutory name changes and regulatory adjustments by December 31, 2026.
2 hours ago · The Chronicle →
The National Food Buffer Stock Company (NAFCO) achieved a financial turnaround in 2025, recording a net profit of GH¢91.7 million compared to a GH¢19 million loss in 2024, driven by governance reforms including a new Procurement Department, strengthened Internal Audit, and Board reconstitution. The company also paid GH¢20.3 million in taxes, its highest annual tax contribution in 16 years.
2 hours ago · The Chronicle →