Consolidated Bank Ghana has reaffirmed its commitment to deepening financial inclusion by expanding access to banking services for underserved communities across the country through its newly introduced agency banking model, “Sika Agent”. …
The Consolidated Bank Ghana (CBG) has launched its agency banking initiative, dubbed “Sika Agent”, as part of efforts to expand access to banking services and bring financial products closer to communities across the country. …
… The event is supported by KGL Group, Ghana EXIM Bank, Telecel, and Consolidated Bank Ghana, with additional support from the Ghana Export Promotion Authority, Scent of Africa, and Devtraco Group, alongside a media partnership with Joy 99.7 FM. …
Ten state-owned enterprises collectively recorded a net loss of GH¢8.8 billion in 2024, about 1.0% of GDP, with the Electricity Company of Ghana accounting for 85% of those losses. The IMF attributed the losses mainly to high financing costs, which reached GH¢9.4 billion—nearly six times the earnings before interest and tax.
Ten state-owned enterprises collectively recorded a net loss of GH¢8.8 billion in 2024, about 1.0% of GDP, with the Electricity Company of Ghana accounting for 85% of those losses. The IMF attributed the losses mainly to high financing costs, which reached GH¢9.4 billion—nearly six times the earnings before interest and tax.
The Chartered Institute of Bankers, Ghana has launched the 2026 edition of its flagship "Ghanaian Banker Magazine," a publication documenting the state of Ghana's banking industry and the Institute's role in professional standards. The launch occurred at CBEL Connect, an event attended by alumni, bank executives, and Bank of Ghana officials.
The Executive Women Network, founded in 2016 to support women in senior management and executive roles, will celebrate its 10th anniversary with the EWN@10 Conference & Expo on October 1–2 in Accra, bringing together women leaders, entrepreneurs, and policymakers from Ghana and Africa to discuss leadership and impact.
IMANI Africa's Bright Simons has challenged the State Interests and Governance Authority's portrayal of state-owned enterprises' financial performance, arguing that underlying data do not support the claim of a "massive" turnaround despite SOEs posting a combined net profit of GH¢19.8 billion in 2025 against a loss of GH¢2.25 billion in 2024. Simons cited indicators including the number of profitable entities, cumulative losses, current ratios and dividend payments as evidence that the turnaround narrative is not borne out by the data.
Ghana's state-owned enterprises swung from a GH¢2.2 billion loss in 2024 to a GH¢19.8 billion net profit in 2025, attributed to higher revenues, lower finance costs and improved foreign-exchange performance. President Mahama has dissolved the governing boards of nine major state institutions including BOST, VALCO, CBG, GNPC, Ghana Post, TDC and the National Sports Authority.
State-owned enterprises reported a GH¢19.8 billion net profit in 2025, a turnaround from a GH¢2.2 billion loss in 2024. President Mahama has dissolved the governing boards of nine major state institutions, including BOST, VALCO, CBG, GNPC, Ghana Post, TDC, and the National Sports Authority.
Ghana's state-owned enterprises 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 SIGA's 2025 State Ownership Report. Total SOE revenue increased by 28.12 per cent from GH¢137.64 billion to GH¢176.43 billion, marking a significant turnaround from the GH¢2.25 billion net loss in 2024.
Ghana's banking industry maintains high service quality at 88.2 percent in 2025, though this represents a slight decline from prior years. According to the 2025 Ghana Customer Satisfaction Index report, consumer banking customer satisfaction has eased slightly while banks continue to perform strongly in service delivery, but converting satisfied customers into brand advocates remains a growing challenge.
Consolidated Bank Ghana has donated relief items including rice, sugar, mattresses, mosquito nets, and blankets to the National Disaster Management Organisation to support communities affected by recent floods. The donation is part of CBG's corporate social responsibility efforts and was coordinated with NADMO to address the most pressing needs of affected families.
The Development Bank Ghana (DBG) has unveiled a Women's Lending Programme to expand access to affordable, long-term capital for women-owned and women-led businesses across Ghana. The launch was part of the bank's fifth-anniversary celebrations and highlights DBG's support for entrepreneurs through a network of participating financial institutions.
Wesley Girls' High School, founded in September 1836, will hold year-long celebrations under the theme "Honouring Our Roots, Igniting Tomorrow" to commemorate nearly 190 years of excellence while raising funds for two transformative projects. The official launch is scheduled for Friday, July 3, 2026, at Wesley Towers Auditorium in Accra.
Kasapreko PLC successfully concluded its Initial Public Offer, raising GH¢700 million from subscriptions worth approximately GH¢1.73 billion (146 percent oversubscribed). The beverage manufacturer's shares are scheduled to begin trading on the Ghana Stock Exchange on June 15 under the ticker symbol "KASA".
Consolidated Bank Ghana has unveiled its "Sika Agent" agency banking initiative to expand financial services access to underserved and hard-to-reach communities across the country through accredited agents. The Deputy Managing Director described the rollout as part of the bank's transformation agenda to make banking services more accessible, secure and convenient for individuals and businesses.
Consolidated Bank Ghana has launched its agency banking initiative "Sika Agent" with an initial rollout of 168 registered agents across the Greater Accra, Central and Eastern regions. The bank aims to onboard about 1,000 agents by the end of the year and 8,000 agents by 2028.
More than 300 women participated in the Click-to-Cargo Programme at Accra Digital Centre, receiving training in importation, affiliate marketing, and digital business tools. The two-day event, attended by university students and career women, covered product sourcing from China, shipping logistics, and online business management.
Glitz Africa has unveiled honourees for the 2026 Ghana Women of the Year Honours, now in its 11th year, with twelve women to be recognised across twelve categories at an event scheduled for 8 May 2026. Rev. Dr Joyce Aryee, Executive Director of Salt and Light Ministries, will receive the Lifetime Achievement Award for her leadership across Ghana's public, private, and faith-based sectors.
More than 300 women completed a two-day Click-to-Cargo programme organised by Ghana Digital Centres Limited, receiving training in importation, affiliate marketing, and online business management to position them in Ghana's digital economy.