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waccu agm

Wa Community Co-operative scoops GHC130k profit in six months

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The Wa Community Co-operative Credit Union (WACCU) made a net surplus of GHC130,426.12 between June 2018 and December 2018, immediate ex-Board Chairman of the...
Premix Fuel

National Premix Committee Warns Landing Beaches Committee Over Hoarding

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The National Premix Committee has given a noticed that any particular of landing beach committee (LBC) is found of hoarding premix fuel for individual...
marriage

Namibian Woman to profit from modified apartheid marriage law

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Hundreds of thousands of married women in the northern part of Namibia will begin to have access to inheritance after the deaths of their...

Founder of B-Bovid Adjudged Chamber Businessman of the Year

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The Ghana Chamber of Commerce and Industry (GCCI) has adjudged Mr Issa Quedraogo, the Founder of B-Bovid Company Limited, an agro-business company, as the...
Charcoal burning

Stakeholders Call for sustainable production of charcoal

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Charcoal production and usage is said to form the bulk of Ghana’s energy supply and consumption with the product contributing more than 60 per...
Banks

Citizens Rural Bank Records A Profit Growth of 400 Percent

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Dr Sam Asomaning, the Chairman of the Citizens Rural Bank based at Nsawam has increased its profit from GHC 111,626 in 2013 to GHC...

Mumuadu Rural Bank Realizes GhC 2.1 million profit

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The Mumuadu Rural Bank made a profit of GhC2.1 million last year, an increase of 39.9 per cent over the profit made the previous...
enterprise

Enterprise Group Realizes 31% Profit

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The Enterprise Group Limited recorded a net profit of GHC68 million in 2016 as against GHC51.5 million in 2015, representing an increase of 31.9...

Kintampo Rural Bank makes more profits

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The Kintampo Rural Bank Limited (KRBL) has achieved an impressive performance in its 2016 operational year with a pre-tax profit of GH¢1.75 million. This...

Business flourishes for Anum Rural Bank, profit increases by 15.5%

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The Anum Rural Bank in the Eastern Region has recorded steady growth despite numerous economic glitches which disrupted businesses in 2016. The Bank posted a...

Samsung Electronics post second biggest operating profit in Q1

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Samsung Electronics on Thursday posted the second biggest operating profit in the first quarter of this year thanks to robust demand for semiconductors. ...

Verizon Communications Registers a Fall in Quarterly Profit

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Verizon Communications Inc (VZ.N), the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers...

Samsung posts double-digit growth in January-March quarter

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Samsung Electronics posted a double-digit growth in the first quarter operating profit, a regulatory filing showed Friday. Operating profit was 9.9 trillion...
Feyenoord

Feyenoord suffer second defeat, but Ajax fail to profit fully in Dutch league

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One week after their 2-1 win over PSV, Dutch league leaders Feyenoord suffered their second defeat of the season in the Rotterdam derby at...

AngloGold Removes Force Majeure On Obuasi Mines

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ANGLOGOLD Ashanti lifted force majeure on its Ghanaian Obuasi mine on Tuesday after the removal of thousands of illegal miners but said it was...

Transfer Deadline Day: PL Clubs Net January Profit

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Premier League clubs have recorded a transfer window profit for the first time – despite spending reaching a six-year January high of £215m. Southampton and...
Banks

Spain’s Bankia sees profit down 22.7 percent in 2016

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Spain's Bankia -- fourth largest bank in the country -- saw its net profit down 22.7 percent in 2016 from a year earlier to...

Google Parent Alphabet Records Fall in Profits

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Google parent Alphabet’s latest profit figures have missed forecasts, sending the tech giant’s shares falling in extended trading on Wall Street. Profits rose 8% to...

China’s industrial profit growth accelerates to 14.5%

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Profits of China's major industrial firms increased 14.5 percent year on year in November, up from 9.8 percent registered in October, official data showed...

StanChart Q3 Profit Went Up By 31 Percent

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Standard Chartered Bank has recorded a 31 per cent increase in its profit before tax at the end of September 2016. The amount...
banks

Bawjiase Area Rural Bank’s Profit

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Total assets of the bank also increased from 21,237,233million Ghana cedis in 2014 to 26,959,680 million Ghana Cedis in 2015 denoting a growth of...

Odotobri Rural Bank raked in more than GHc3.6 million in profits

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The figure, he said, represented a 27.88 per cent increase over the year 2014 total of GHȼ2,877,187.00. Addressing the...

StanChart bags $994m profit in first half of 2016

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Standard Chartered PLC has released its half-year financial results for 2016 which show a return to profitability with underlying profit before tax of...

Stronger Yen Pushes Toyota to Cut Full-year Operating Profit

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Toyota Motor Corp (7203.T) cut its full-year forecast for operating profit, expecting it to fall 44 percent from a year ago as the...

H1-2016: Ecobank Collected $1bn in Revenue and Made Profits Of $204m

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pdf available here The Ecobank Group has reported unaudited results for the first half of the year (H1 2016) with profit before tax of...

Profits of Builsa Community Bank Shrank in 2015

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This represents a decrease of GH¢86,432.00 (10.9 per cent) from the previous year’s performance. Naab Akanab Apoom-Ween, Board Chairman of the bank told the...
Ghana Cedi

Teachers’ credit union recorded net profit of GH¢119,000.00

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Its total income during the period came to GH¢ 514,296.01 compared with the previous year’s figure of GH¢403,900.86. Addressing the Union’s...

Q2-2016: Tullow Records $30m in Profits

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Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, has announced a profit after tax of $30 million in its...

Swedru Teachers’ Credit Union Makes Stride In Profit

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The Union also recorded a total income of GH 1,793,474.22 Cedis as against GH 1,348,239.16 Cedis the previous year, with a total expenditure of...

Akuapim Rural Bank Makes Giant Progress With Profit

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The figure represented 48.8 per cent increase over the previous year’s figure of Ghȼ1,991,686.00. Mr. George Kwasi Oware, the Chairman of the Board of Directors,...