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Thursday, 18 June 2026
Ghana’s news, on the hour · Est. 2026
Thursday, 18 June 2026
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Ghanaian press · Organization

ZEN Petroleum Holdings

Also known as: ZEN Petroleum Holdings PLC

Oil Marketing Company that listed on Ghana Stock Exchange in April 2026 with an oversubscribed IPO raising GH¢970 million.

2026-04-272026-06-18

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    Zen Petroleum has also reduced its prices, cutting petrol from GH¢15.20 to GH¢14.77 per litre and diesel from GH¢16.63 to GH¢16.25 per litre.

    Fuel prices fall as some OMCs cuts petrol to GH¢13.87 per litre
  3. Business & Financial Times

    The listing follows two earlier IPOs within six months, First Atlantic Bank PLC in December 2025 and ZEN Petroleum Holdings PLC in March 2026, both of which were also significantly oversubscribed.

    It’s official, Kasapreko makes it three IPOs in six months
  4. Business & Financial Times

    Meanwhile, energy-related counters such as GOIL and ZEN Petroleum have attracted investor attention on expectations of stronger earnings growth and expansion opportunities within the downstream petroleum sector.

    Investor participation broadens, gains moderate but bull market remains intact
  5. Joy Online

    Top price gainers for the month were ZEN Petroleum Holdings PLC (86.81%), Intravenous Infusions PLC (60.00%), Clydestone (Ghana) PLC (27.50%), Fan Milk PLC (15.83%), Hords PLC (10.00%), Atlantic Lithium Limited (5.13%) and Societe Generale Ghana PLC (3.17%).

    GSE indices maintain positive momentum in May 2026, but 12 stocks record losses
  6. Joy Online

    Then followed Zen Petroleum Holdings PLC, which completed its listing in March and April 2026, raising 640 million Ghana Cedis, which was also oversubscribed.

    Mahama opens London Stock Exchange; courts global investors to Ghana Stock Exchange
  7. Joy Online

    It is also not clear for now how the other major players in the industry, including Goil, Shell, Total and Zen Petroleum will react to this development.

    Some OMCs begin increase in fuel prices; Star Oil sells petrol at GH¢15.20
  8. May 2026
  9. Joy Online

    The success of companies like Engineers and Planners, now one of Ghana’s largest mining contractors and ZEN Petroleum Holdings PLC, a recent Ghana Stock Exchange listing and a business partner of Gold Fields, is a testament to this investment.

    Gold Fields Lease Renewal: Why the IEA’s case for resource nationalism fails the reality rest
  10. Business & Financial Times

    ZEN Petroleum Holdings PLC followed in March 2026, raising GH¢640 million at GH¢5.00 per share.

    3 IPOs in 6 months add GH¢11bn to GSE market cap
  11. Joy Online

    ZEN Petroleum Holdings provided one of the few bright spots. The oil marketing company surged GH¢0.66 to close at GH¢7.36, up from GH¢6.70, representing a near 10 per cent gain for the day.

    GSE suffers sharp weekly decline this week as market cap sheds GH¢12.5bn
  12. Business & Financial Times

    nia to serve the East Africa region. [5] This expansion is part of a broader strategic roadmap branded Vision 2030, which aims to transform the group into a US$100 billion annual revenue enterprise by the end of the decade.[6] Ghana’s oil marketing company, ZEN Petroleum Holdings

    IPO across multiple African stock markets to deepen integration and wealth creation

Tuesday 16 June

  1. Fuel prices fall as OMCs cut petrol, diesel prices

    Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.

    16 June 2026 · Joy Online

  2. Kasapreko completes oversubscribed IPO, third in six months

    Kasapreko PLC raised GH¢700 million through an oversubscribed IPO with GH¢1.73 billion in subscriptions from 18,781 investors. The beverage manufacturer's listing marks the third major IPO on the Ghana Stock Exchange in six months, signaling a structural revival in equity listings after years of subdued issuance.

    16 June 2026 · Business & Financial Times

Monday 15 June

  1. Ghana Stock Exchange gains 52.84% year-to-date in May

    The Ghana Stock Exchange's market capitalisation rose to GH¢262.95billion in May with a year-to-date gain of 52.84 percent, driven by declining inflation, lower interest rates, and increasing investor participation in equities.

    15 June 2026 · Business & Financial Times

Saturday 13 June

  1. Ghana Stock Exchange indices up sharply in May 2026

    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.

    13 June 2026 · Joy Online

Thursday 4 June

  1. Mahama rings LSE bell, pitches Ghana Stock Exchange to global investors

    President John Dramani Mahama opened trading at the London Stock Exchange on Wednesday, urging global investors to support Ghana's growth and invest in the Ghana Stock Exchange. He highlighted the country's improving economic indicators over the past 18 months, including reduced inflation, a stabilised Cedi, and strengthened international reserves, while noting the GSE has experienced a renaissance in the past 12 months.

    4 June 2026 · Joy Online

Monday 1 June

  1. Some OMCs increase fuel prices; Star Oil petrol at GH¢15.20

    Some Oil Marketing Companies have begun increasing petroleum product prices from June 1, 2026, in line with the bi-weekly price review under the deregulation policy. Star Oil raised petrol to GH¢15.20 per litre, matching the National Petroleum Authority's price floor, while the Chamber of Oil Marketing Companies projects petrol could rise 4.20–6.20%.

    1 June 2026 · Joy Online

Tuesday 19 May

  1. Opinion: IEA's resource nationalism case against Gold Fields lease flawed

    An opinion piece argues that the Institute of Economic Affairs' call for Ghana to deny Gold Fields' mining lease renewal in favour of local ownership overlooks the company's consistent tax and environmental compliance and Ghana's need to maintain investment-friendly frameworks for attracting foreign capital.

    19 May 2026 · Joy Online

Tuesday 12 May

  1. Three IPOs in six months add GH¢11bn to GSE market

    The Ghana Stock Exchange is experiencing its most active period of primary equity issuance in nearly a decade, with three IPOs—First Atlantic Bank, ZEN Petroleum, and Kasapreko—set to add around GH¢10.88 billion to the exchange's total market capitalisation. The three listings together account for approximately 4 percent of the market cap.

    12 May 2026 · Business & Financial Times

Saturday 9 May

  1. Ghana Stock Exchange plunges as market caps shed GH¢12.5 billion

    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.

    9 May 2026 · Joy Online

Monday 4 May

  1. Dangote Refinery IPO to list on multiple African stock exchanges

    Dangote Petroleum Refinery and Petrochemicals, valued at $40B to $50B, will undergo a cross-border initial public offering on multiple African stock exchanges this year, becoming the continent's largest IPO and the first to list simultaneously across multiple African exchanges. The listing follows a meeting of the Nigerian Exchange Group and African Securities Exchanges Association members, positioning it as a test case for cross-border capital formation across African markets.

    4 May 2026 · Business & Financial Times

Tuesday 28 April

  1. ZEN Petroleum lists on GSE, IPO raises GH¢970 million

    ZEN Petroleum Holdings PLC has listed on the Ghana Stock Exchange, with its IPO oversubscribed by 94 per cent and raising GH¢970 million, exceeding its initial target of GH¢500 million. The company's Managing Director said the listing marks the beginning of a new phase aimed at expanding operations and deepening the company's contribution to Ghana's economic development.

    28 April 2026 · The Ghanaian Times

Monday 27 April

  1. ZEN Petroleum shares gain nearly 10% in second trading day

    ZEN Petroleum Holdings' shares climbed nearly 10 percent on their second day of trading on the Ghana Stock Exchange on Thursday, April 23, 2026, following a heavily oversubscribed IPO that raised GH¢640 million. The listing, the first by an indigenous private downstream sector company, boosted the GSE Composite Index up 1.18 percent, though analysts warned that institutional investor dominance may stifle price discovery.

    27 April 2026 · Business & Financial Times

ZEN Petroleum Holdings — Ghanaian press coverage · Ghana Minute