62 h. ago HORDS PLC Revenue Surges 953 Percent Despite Continued Losses

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-953-percent-despite-continued-losses/HORDS PLC has reported a dramatic 953 percent revenue increase to GH¢2.63 million in the first half of 2025, though the company continues to face operational challenges with rising costs outpacing income growth. The publicly listed company’s unaudited financial statements for the six months ended June 30, 2025, show revenue climbing from GH¢249,713 in the […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-953-percent-despite-continued-losses/

Politics

63 h. ago Record Gold Surge Offers Ghana Revenue Boost Amid Illegal Mining Fears

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/record-gold-surge-offers-ghana-revenue-boost-amid-illegal-mining-fears/Gold prices soared past $3,500 per ounce Tuesday, presenting Ghana with a significant revenue opportunity while raising concerns that the precious metal’s record values could intensify illegal mining activities across the West African nation. The surge, driven by global economic uncertainty and expectations of Federal Reserve rate cuts, positions Ghana favorably as one of the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/record-gold-surge-offers-ghana-revenue-boost-amid-illegal-mining-fears/

Events

7 d. ago Ghana’s State Cocoa Processor Faces Collapse After Years of Mounting Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-cocoa-processor-faces-collapse-after-years-of-mounting-losses/Ghana’s flagship cocoa processing company remains trapped in financial crisis despite multiple government bailouts, raising serious questions about the viability of state-owned enterprises in the country’s key agricultural sector. The Cocoa Processing Company Limited has recorded consecutive annual losses since 2021, with mounting debts and chronic cash flow problems threatening its survival as the nation’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-cocoa-processor-faces-collapse-after-years-of-mounting-losses/

Politics

8 d. ago HORDS PLC Revenue Surges Tenfold Despite Widening Cash Flow Pressures

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-tenfold-despite-widening-cash-flow-pressures/Ghana-listed HORDS PLC recorded a dramatic revenue increase to GH¢2.63 million in the first half of 2025, up from just GH¢249,713 in the same period last year. The company’s aggressive expansion strategy has driven sales growth but created significant liquidity challenges. The Accra-based firm narrowed its net loss to GH¢66,233 from GH¢571,777 a year earlier, […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-tenfold-despite-widening-cash-flow-pressures/

Events

2 w. ago Liza Antwi: The West African Leader Turning Boardroom Strategy into National Impact

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/liza-antwi-the-west-african-leader-turning-boardroom-strategy-into-national-impact/From corporate finance to educational transformation, the Liberian-based executive is redefining leadership in Africa. When Liza Antwi speaks about trade, governance, or education, it’s not theory—it’s lived experience and proven impact. Over the past decade, the Country Director for Loita Capital Partners International in Liberia has driven a 30% surge in regional revenue, negotiated multimillion-dollar […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/liza-antwi-the-west-african-leader-turning-boardroom-strategy-into-national-impact/

Politics

3 w. ago Madina MoMo Vendors Get Cash Flow Lifeline to Grow Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/madina-momo-vendors-get-cash-flow-lifeline-to-grow-businesses/A new initiative in Madina is tackling the cash crunch facing mobile money vendors head-on. The INSTABUSINESS program, launched by the Madina Job Centre and Precept Advisory, offers weekly loans and financial training to help entrepreneurs maintain float, serve more customers, and create jobs. For vendors like Salamatu Fuseini at Ritz Junction, limited capital means […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/madina-momo-vendors-get-cash-flow-lifeline-to-grow-businesses/

Economics

3 w. ago HORDS PLC Deepens Losses Amid Cost Surge Despite Revenue Jump

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/Ghanaian manufacturing firm HORDS PLC reported a widened net loss of GH¢657,053 for the first quarter of 2025, deepening last year’s GH¢571,777 deficit despite a fivefold revenue surge. The unaudited results show sales climbing to GH¢1.36 million from GH¢249,713 in early 2024, but crippling production costs of GH¢1.81 million erased gains, triggering a GH¢457,722 gross […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/

Politics

3 w. ago US deficit grows to $291bn in July despite tariff revenue surge

 The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Politics