Scancom PLC (MTN Ghana) has announced a strong set of results for the first half of 2026, delivering robust revenue growth, increased profitability, and enhanced shareholder returns, supported by strong performance across its data, digital, enterprise, home and fintech businesses …
… The statement said Scancom Plc (MTN Ghana), supported by Multimedia Company Limited’s Flood Relief Campaign on radio and television provided 1,400 student mattresses, 1,192 blankets, 998 relief boxes packed with essential food items, blankets, mosquito repellents, nets, and deter …
… Dr Ishmael Yamson, Chairman of the occasion and Board Chair of Scancom PLC (MTN Ghana), acknowledged the decline in NPLs but cautioned that some regulatory measures could discourage banks from providing rescue financing. …
… Dividend Policy Based on this sterling performance, MTN declared a gross interim dividend of GH¢ 0.03 per share for the second quarter ending 30 June 2026, has been declared by the Board of Scancom PLC. …
… The bloodletting was led by telecommunications giant Scancom PLC, trading as MTN Ghana, which accounts for roughly a third of total market capitalisation. …
The Ghana Stock Exchange's Composite Index and Financial Stock Index delivered year-to-date returns of 75.99% and 77.27%, respectively, as of July 2026, with market activity robust at 140,323 transactions and 23 price gainers led by Intravenous Infusions PLC (367%) and Hords PLC (255%).
The Ghana Stock Exchange's Composite Index and Financial Stock Index delivered year-to-date returns of 75.99% and 77.27%, respectively, as of July 2026, with market activity robust at 140,323 transactions and 23 price gainers led by Intravenous Infusions PLC (367%) and Hords PLC (255%).
Scancom PLC (MTN Ghana) reported service revenue of GHS15.0 billion in the first half of 2026, up 32.3% year-on-year, with EBITDA growing 47.1% to GHS9.3 billion and profit after tax rising 46.1% to GHS5.1 billion, driven by performance in data, digital, enterprise, home and fintech businesses.
The Office of the President has received cash contributions, medical supplies, food, and humanitarian goods from corporate organisations and institutions to support victims of the June 29 flood disaster that severely impacted parts of Ghana, particularly Accra. Senior government officials received donations on behalf of the state.
Corporate organisations and international institutions have donated cash, food, medical supplies and essential items to support victims of the June 29, 2026 flood disaster, with donations presented to the Office of the President for communities affected by torrential rains and flooding in Accra.
The Bank of Ghana has directed commercial banks to reduce non-performing loan ratios to below 10 per cent by the end of 2026 to strengthen financial stability and support credit growth. NPL ratios declined to 16.1 per cent by June 2026 from more than 23 per cent in 2025, but the central bank says this remains too high.
Telecom giant MTN Ghana posted a pre-tax profit of GH¢7.4 billion in the first half of 2026, a 44.5% increase from GH¢5.1 billion in the same period of 2025, driven by strong growth in service revenue (up 32.3% to GH¢14.9 billion) led by its data business, which grew 47.1% year-on-year to GH¢8.8 billion.
The Ghana Stock Exchange Composite Index closed at 14,712.00 points, up 4.86 points, while the Financial Stocks Index fell 20.46 points to 8,218.45 points. Year-to-date, the Composite Index is up 67.75 per cent while the Financial Stocks Index is down 76.85 per cent.
The GSE's Composite Index and Financial Stock Index posted returns of 63.67% and 68.99% respectively in May 2026, with market activity reaching 89,945 transactions. Twelve stocks recorded losses for the month, including Ecobank Transnational Inc., CalBank PLC, and Ghana Commercial Bank PLC.
The Ghana Stock Exchange recorded a steep decline in the trading week ended Friday, May 8, 2026, shedding GH¢12.5 billion in market capitalisation as the GSE Composite Index tumbled 546 points or 3.6 per cent to close at 14,567.57. Scancom PLC (MTN Ghana), which accounts for roughly a third of total market capitalisation, led the losses.
The Ghana Stock Exchange's Composite Index gained 72.52% in April 2026, with the Financial Stocks Index rising 90.21%. The number of transactions increased 999.17% year-over-year, and SIC Insurance Company PLC led ten price gainers for the month.
MTN Ghana shareholders could begin receiving quarterly dividend payments from this year if board proposals secure regulatory approvals. The company has revised its dividend policy to permit interim dividends after each quarterly result, with the first-quarter payment proposed at 6 pesewas per share, subject to cash availability and other conditions.