Category: Business

Ghana Oil Company Limited (GOIL PLC) has posted a resilient yet nuanced financial performance for the year ended December 31, 2025, as detailed in its latest unaudited statements. 

The state-owned oil marketing giant saw its Group profit after tax inch marginally higher to GH¢85.9 million, up from GH¢84.7 million in 2024, even as total revenue declined by approximately 12 per cent to GH¢17.1 billion.

A deeper analysis of the financial position reveals a significant expansion of the company’s total assets, which grew by over GH¢419 million to reach GH¢5.23 billion.

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Ghana’s proposed national airline is expected to become operational within the next 12 months, according to the Minister of Transport, Mr Joseph Bukari Nikpe.

The minister expressed confidence that outstanding documentation and regulatory processes would be completed in time to allow the national carrier to commence operations.

Speaking to the media on the sidelines of the maiden flight of Air Tanzania at the Kotoka International Airport on January 28, Mr Nikpe said previous attempts to revive a national airline had failed, but the current administration was determined to succeed.

“For some time, since Ghana Airways was liquidated, several attempts have been made to re-establish a national airline, but these efforts have not come to fruition.

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A sophisticated new malware campaign is exploiting the trusted platform of WhatsApp Web to distribute a potent banking Trojan to Windows users, cybersecurity authorities have warned. 

The attack, which uses a malicious file shared through the messaging service, can silently hijack a victim’s WhatsApp account to spread itself and steal sensitive financial data.

The Cyber Security Authority (CSA) issued a detailed public alert concerning the activity, stating that “cybersecurity experts have discovered a new malware attack that uses WhatsApp Web on Windows computers to spread a dangerous banking malware called Astaroth.”

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On January 23, 2026, in Accra, the Future of Finance Dialogues (FOF) convened a cross-section of Ghana’s financial services leadership for a private dinner under Chatham House Rule. 

The gathering was convened by Ethel Cofie and centered on how Ghana can scale modern financial services through Open Banking partnerships, stronger payments infrastructure, and clearer trust and accountability as the market evolves. 

Ethel Cofie is the CEO and Founder of EDEL Technology Consulting and the founder of Women in Tech Africa, a pan African network focused on entrepreneurship and growing women’s participation in technology.  Her work has long sat at the intersection of digital transformation, market building, and the practical realities of implementation, the exact mix that a multi stakeholder conversation like FOF requires.

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The value of transactions processed through Ghana’s mobile money platforms surged to GH¢518.4 billion in December 2025, cementing the technology’s position as the undisputed backbone of the nation’s retail economy, according to newly released central bank data. 

The record figure, captured in the Bank of Ghana’s Summary of Economic and Financial Data, represents the highest monthly throughput for the year and underscores a decisive and accelerating shift away from traditional payment methods.

The December boom, a significant increase from the GH¢420.1 billion recorded in November, was propelled by festive season spending and the deepening integration of digital wallets into daily commerce.

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The Managing Director (MD) of Metro Mass Transit Limited (MMTL), Kale Cezar, has revealed that a container loaded with spare parts supplied by Dutch manufacturer VDL has remained at the port for more than two years.

This, he said, had compounded the operational and financial challenges confronting the state-owned transport company.

Speaking in an interview with the Daily Graphic, the MD disclosed that the container was imported under the company’s previous management, but was never cleared from the port, leading to mounting charges and missed opportunities to deploy much-needed buses onto the roads.

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The Minister for Roads and Highways, Mr Governs Kwame Agbodza, has said the government was revising regulations to increase the penalty for overloaded trucks from GH¢5,000 to GH¢50,000.

The minister described the current fine as too low to serve as a deterrent to offenders.

Speaking in an interview with GTV on Monday [January 26, 2026], Mr Agbodza said the existing maximum penalty does not reflect the cost of damage caused to roads by overloaded vehicles.

“You cannot have a penalty of GH¢5,000 when the damage you are doing is GH¢50,000. You have to increase the penalty,” he said.

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The President of the Ghana National Cocoa Farmers Association (GNACOFA), Mr. Stephenson Anane Boateng, has expressed his disappointment with the government and COCOBOD, citing what he perceives as the ongoing neglect of cocoa farmers’ welfare in the country.

Speaking in an Interview with the media, Mr. Anane Boateng highlighted that cocoa farmers have not received payment from the government for their produce since November 2025, a situation that is significantly impacting their economic well-being.

He noted that similar occurrences have taken place over the past two years, further exacerbating their economic challenges. Mr. Anane Boateng emphasized that cocoa farmers have been severely neglected due to the inability of Ghana COCOBOD to address their basic needs.

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