GOIL PLC recorded marginal profit growth in 2025 despite falling revenue, as rising assets, higher liabilities, and tight liquidity shape its outlook. GOIL Posts Steady Profit Despite Revenue Dip in 2025 State-owned oil marketing firm Ghana Oil Company Limited (GOIL PLC) has delivered a financial performance in 2025 that reflects resilience under pressure, even as…
Kasapreko PLC has posted a 147% surge in profit after tax for 2025, driven by strong revenue growth, higher margins, and foreign exchange gains. Kasapreko Profit Jumps 147% as Revenue Hits GH¢3.5bn Indigenous beverage manufacturer Kasapreko PLC has delivered one of the strongest financial performances in its history, posting a remarkable surge in profitability for…
Global crude oil prices have climbed above $70 per barrel, raising fears of another petrol price increase in Nigeria and fresh pressure on households and businesses. Barely days after Nigerians adjusted to higher petrol pump prices, fresh developments on the international oil market suggest that another increase may be looming. Global crude oil prices have…
Ghana Gold Board announces nationwide inspections from February 2, 2026, to shut down unlicensed jewellery makers, fabricators and gold refineries. Ghana’s gold industry is about to undergo a major regulatory shake-up as the Ghana Gold Board, GoldBod, prepares to roll out nationwide inspections aimed at flushing out unlicensed operators across the country. Beginning Monday, February…
Ghana ranks as Africa’s seventh strongest financial market in the 2025 Absa Index, driven by a historic stock market rally, banking sector growth, and improving macroeconomic stability. Ghana Ranks 7th in Africa’s Financial Markets: A Sign of Economic Renewal Ghana’s financial sector has received a major vote of confidence on the continental stage. According to…
Ghana–China trade surged to a record $14.1 billion in 2025, marking a 19.3% growth. As Ambassador Tong Defa departs, he reflects on deepening ties, zero-tariff benefits, and a future of expanded cooperation. Ghana–China Trade Hits $14.1bn: A Partnership Entering a New Era The economic relationship between Ghana and China has reached a historic milestone. In…
Ghana’s Minister of Food and Agriculture has assured farmers that stalled works at the Kpong Irrigation Scheme will resume within days, paving the way for year-round farming, improved rice yields, and stronger food security. Kpong Irrigation Scheme: A Turning Point for Ghana’s Food Security After months of uncertainty and slowed progress, hope is returning to…
West Africa now absorbs over 62% of Nigeria’s exports to Africa, highlighting Nigeria’s growing role in regional trade and value chains under ECOWAS and AfCFTA. West Africa Emerges as Nigeria’s Strongest African Trade Partner Nigeria’s position as a regional economic engine is becoming increasingly evident, with new data showing that West Africa absorbs more than…
Ghana’s DVLA is set for a major transformation in 2026, introducing smart driving tests, a cybersecurity department, emission testing, and a demerit point system to modernise operations and improve road safety. DVLA’s Digital Reset: How Technology Will Redefine Licensing and Road Safety in Ghana The Driver and Vehicle Licensing Authority (DVLA) is preparing to undergo…
Ghana’s cashew floor price has been slashed by 20% for the 2025/2026 season. Discover how this decision threatens smallholder farmers, productivity, and the future of the cashew industry—and why stakeholders are calling for urgent reforms. Ghana’s Cashew Price Cut: A Decision with Far-Reaching Consequences Ghana’s cashew industry, one of the fastest-growing tree crop sectors in…
