By Joshua Worlasi AMLANU Government-backed joint ventures returned to profit in 2024 with a combined net gain of GH¢1.51billion, even as state-owned enterprises (SOEs) sank deeper into losses on rising finance costs, the State Interests and Governance Authority (SIGA) said in its annual report. The JVC sector reversed a loss of GH¢1.33billion in 2023, recording […] The post SOEs
By Kizito CUDJOE The Bui Power Authority (BPA) nearly doubled its profit target in 2024 despite a decline in revenue and a surge in receivables, revealing both the financial resilience and operational pressures of the state-owned hydropower producer, according to its 2024 financial statement. BPA posted a net profit of US$64.5million, representing a 92 percent […] The post Bui
By Kizito CUDJOE The Bulk Energy Storage and Transportation Company (BOST), soon to be renamed BOST Energies, has been directed to turn a profit and declare dividends to the state by the end of 2025, as the country’s asset regulator demands stronger accountability from loss-making state-owned enterprises. The call came at BOST’s 2025 Annual General […] The post BOST
President John Mahama and members of his Cabinet met with Mr. Sunny Verghese, Group Co-Founder and Group CEO, and senior business executives of Olam Agri and ofi (Olam Food Ingredients), during their official visit to Singapore last week. The meeting, which took place at Olam’s Headquarters, affirms Olam Agri’s commitment to continue working closely with […] The post Mahama
Ghana Link Network Services Ltd, the operator of the Integrated Customs Management System (ICUMS), has assured businesses and government agencies that a series of upgrades currently underway will make the platform faster, more resilient and more transparent. In a statement, the company said the improvements were designed to address the recurring technical issues that have […] The post ICUMS
In a powerful testament of its commitment to sustainable and inclusive growth, Fidelity Bank Ghana has concluded its third annual Sustainability Conference with a landmark commitment of over GH¢500,000 to empower the next generation of creative entrepreneurs. The event, held at The Palms by Eagles, brought together key stakeholders from various sectors to deliberate on […] The post 8
The Training Centre of the Electricity Company of Ghana has been awarded an “exemplary performer in technical capacity building – public sector” for the second time in a row. This was at the 5th National Governance and Business Leadership Awards 2025 held at the Kempinski Hotel in Accra on August 29, 2025. The ECG Training Centre […] The post ECG Training Centre awarded appeared first on The
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