Tag: PROFIT
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Izwe Savings Swings to Profit as Loan Defaults Loom
Izwe Savings and Loans PLC returned to profitability in 2024, reporting a net income of GH¢443,723 after a GH¢206,440 loss the previous year, according...
Ecobank Posts Record US$658 Million Profit Amid Strategic Overhaul
Ecobank Transnational Incorporated (ETI), Africa’s leading cross-border banking group, reported a record profit before tax of $658 million for 2024, up 13% year-on-year, as...
Tullow Oil Reports $55 Million Profit Amid Debt Reduction and Strategic Shifts
Tullow Oil plc announced a $55 million profit for 2024, marking a turnaround from its $110 million loss the previous year, as the company...
MTN Ghana Reports Record GH₵5 Billion Profit Amid Strategic Growth Push
MTN Ghana has announced a landmark profit after tax of GHS5.03 billion for the 2024 fiscal year, marking a 26.3% surge from GHS3.98 billion...
Ghana’s Food Price Crisis Sparks Call for State Banks to Prioritize Farming Over Profit
Ghana’s battle against runaway food inflation—now the highest among lower-middle-income African nations—has reached a tipping point, with experts warning that the country’s state-owned banks...
