{
  "id": 4670753,
  "title": "Ghana’s State-Owned Enterprises post GH¢19.8bn profit after four years of losses",
  "url": "https://urgent.news/2026/08/31/ghanas-state-owned-enterprises-post-gh-19-8bn-profit-after-four-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T15:48:35.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/general/ghanas-state-owned-enterprises-post-gh%c2%a219-8bn-profit-after-four-years-of-losses/2026/"
  },
  "original_language": "en",
  "account": "Ghana's State-Owned Enterprises (SOEs) experienced a significant turnaround in 2025, posting a consolidated net profit after tax of GH¢19.80 billion, ending four years of losses. This marks a stark contrast to the GH¢2.25 billion net loss recorded in 2024, as total SOE sector revenue surged by 28.12%, from GH¢137.64 billion to GH¢176.43 billion. The SOE sector's performance was driven by strong growth in agriculture, manufacturing, and infrastructure subsectors. Despite the improvements, five SOEs remain loss-making, while total SOE assets declined by 5.86%, and total liabilities fell by 4.31%. Joint venture companies, however, recorded stronger profits, with net profit excluding minority interests rising by 36.55% and total assets increasing by 25.99%. Other state entities, on the other hand, recorded a considerable deficit of GH¢10.48 billion in 2025. The SOE sector's improved performance can be attributed to favorable macroeconomic conditions, such as a growth in real gross domestic product (6%), a decline in the Monetary Policy Rate (from 27% to 18%), and a reduction in public debt. The General Authority for State Interests and Governance (SIGA) cautioned that significant financial risks continue to concentrate in a few SOEs and identified several contingent liabilities.",
  "summary": "By Amoako Kwame Ghana’s State-Owned Enterprises (SOEs) recorded a consolidated net profit after tax of GH¢19.80 billion in 2025, ending four consecutive years of losses, according to the State Interests and Governance Authority (SIGA). The strong turnaround represents a significant improvement from the GH¢2.25 billion net loss recorded in 2024, as total revenue across the […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}