This blog is managed by the content creator and not GhanaWeb, its affiliates, or employees. Advertising on this blog requires a minimum of GH₵50 a week. Contact the blog owner with any queries.

MIIF's 2025 profit drop by GHc800m. A transition failure?


Read Comments Comments (47)

  • Kojo Amaliba 6 days ago

    The new CEO said the profits dropped because the investments by the previous CEO not yielding returns. How can she tell us this story.
    Madam w'akyi gu hɔ wai

  • Yaw Antwi 6 days ago

    They are still making profit despite the drop anyway. So its also not bad just that the margin dropped so they should step up their game to avoid further decline in future

  • Nicholas Ketor Amenuveve 6 days ago

    I had no idea MIIF undertook so many initiatives and investments under the Koranteng guy. So what is happening.

  • Kingsley Osei-Asante 6 days ago

    Equity Investments are long term and sovereign funds invest at 11 year horizons. It will be silly to expect returns within a year or 2 of investments. She does not know what she is talking about.

  • Ing. Michael Edem Blanko 6 days ago

    That Edward nana yaw koranteng, the former CEO is a seasoned investment banker and lawyer and knew what he was doing.

  • Vida Kissiwa 6 days ago

    Sovereign wealth funds like miif should not be politicized.

  • Mohammed Abdullah Saeed 6 days ago

    A drop of GHS 800 million is almost a 50% drop in profit. This is steep, very steep and must be looked into.

  • Samuel Sarkodie 6 days ago

    Why didn't MIIF invest in damang and have it listed on the GSE.

  • James Bonna 6 days ago

    If the previous investment strategy was flawed, why has the current management retained many of those investments instead of divesting them?

  • Atubiga Yaro 6 days ago

    Are taxpayers being given sufficient transparency on how MIIF's investment portfolio is currently performing?

  • Kate Anderson Aidoo 6 days ago

    Is the decline primarily the result of external market conditions, or does it reflect internal execution and management challenges?

  • Ing Williams Baffuor Smith 6 days ago

    If almost GHS 800 million in profit has disappeared within a year, what specific operational or strategic decisions contributed to that decline?

  • David Asante Debrah 6 days ago

    What governance changes have been introduced to ensure this level of profit decline does not continue?

  • Afari Duah Desmond 4 days ago

    800m cedis drop in profit is sacking matter. This is very serious. Ghana akyi gu hɔ paaaa

  • Mandela Wiafe Francis 4 days ago

    MIIF is being collapsed. Over 40% drop in profits in year and all the news of resignations and unconstitutional sack of old staff is definitely bad management. Let's give time some time

  • Stella Teye Addai 4 days ago

    Why is the new ceo not building on what has already been done by the previous administration

  • Moore Yao Sedefia 4 days ago

    Almost 50% drop in profits is so bad and very alarming. She should stop making excuses

  • Michael Edem Blanko 4 days ago

    A near 50% decline in profitability within a single year cannot simply be dismissed as a transition issue. Leadership is ultimately measured by results, not explanations.

  • Solomon Essel 4 days ago

    The question is simple: why isn't the current leadership building on the strong foundation that was inherited? Institutions should move forward, not backwards.

  • Prince Essien 4 days ago

    An almost GH¢800 million reduction in profit is not a minor setback. Shareholders and the Ghanaian public deserve clear answers and accountability.

  • Peter Akrugu Yamfuri 4 days ago

    Blaming the transition cannot become a permanent excuse. After a year in office, performance indicators should speak louder than explanations.

  • Constance Tanpuri 4 days ago

    Leadership comes with responsibility. A significant decline in profitability should trigger serious reflection and corrective action, not complacency.

  • Millicent Adwoa Sey 4 days ago

    The figures tell a troubling story. A drop of this magnitude demands transparency, accountability, and a credible recovery strategy.

  • Elizabeth Franklin Mensah 4 days ago

    Time will ultimately judge every administration. For now, the available financial results suggest that the current management has substantial work to do to restore confidence. This is too bad

  • Queenstar Addy Tetteh 4 days ago

    Results don't lie. Nearly half of MIIF's profits have disappeared under the current leadership. That is a performance crisis, not a communication problem

  • Daniel Sam 4 days ago

    If a CEO inherits a profitable institution, the expectation is to improve it—not preside over one of its sharpest profit declines.

  • Comfort Adevor Asilevi 4 days ago

    A GH¢800 million drop in profit should trigger serious boardroom questions. Accountability starts at the top.

  • Richmond Asamoah 4 days ago

    The numbers are unforgiving. Excuses cannot replace performance, and public institutions cannot be managed on promises alone.

  • Richard Okuampa 4 days ago

    Leadership is not about press releases. It is about protecting value, growing returns, and strengthening institutions. Where is the evidence?

  • Richard Okuampa 4 days ago

    Leadership is not about press releases. It is about protecting value, growing returns, and strengthening institutions. Where is the evidence?

  • Richard Okuampa 4 days ago

    Leadership is not about press releases. It is about protecting value, growing returns, and strengthening institutions. Where is the evidence?

  • Kate Odoom 4 days ago

    The conversation should not be about defending management. It should be about defending the institution.

  • Osabutey Gabriella 4 days ago

    Boards have a fiduciary duty to act when performance deteriorates. The questions being asked today are both legitimate and necessary.

  • Obrempong Kesse 4 days ago

    The public deserves a detailed explanation of how such a significant decline occurred within a year of new leadership taking over.

  • Obenewaa Agyeiwaa Asarebea 4 days ago

    This isn't about personalities or politics. It is about stewardship of a strategic national asset and the results being delivered.

  • James Kwadwo Badu 4 days ago

    Good leaders inherit institutions and leave them stronger. The current financial performance raises doubts about whether that is happening.

  • Akosua Serwaa Amankwa 4 days ago

    The benchmark was already set by the previous administration. The challenge was to outperform it, not underperform it.

  • Daisy Afi Blaboe 1 day ago

    When you witch hunt and sack top staff this is what happens.

  • Isaac Ankoma Amponsah 1 day ago

    The new CEO gave an excuse that the amendment gives her only 2% of royalties for operations and investments but this is entirely untrue. She still has access to the royalties even if it's small, she should be able to turn it ...
    read full comment

  • Peter Amon Kotei 1 day ago

    We cant blame the new management much because rates have fallen etc.

  • Alexandra Amoani Gyamfi 1 day ago

    At least she should show us initiatives and investments or at least pipeline. Rather all we hear are accusations of previous management and sackings.

  • Rebecca Tetteh 1 day ago

    I think with such strategic institutions, the transition should not be politicized with witch hunting at all

  • Jay Foley 1 day ago

    When experienced professionals are removed through political witch-hunts instead of orderly transitions, institutional performance inevitably suffers. Strong institutions are built on continuity, not vendettas

  • Clinton Dartey 1 day ago

    The explanation that the amendment leaves management with only 2% of royalties for operations and investments does not fully reflect the legal and operational framework. The Fund still has access to mineral royalties and shou ...
    read full comment

  • Elizabeth Franklin 1 day ago

    External market conditions may have affected performance, but leadership is ultimately judged by strategy and execution. The focus should be on what management is doing to create value despite those challenges

  • Kafui Afi Sefako Tamaklo 1 day ago

    Exactly. If market conditions are difficult, then this is the time to demonstrate leadership through new initiatives, strategic investments, and a credible pipeline of opportunities. Instead, the public conversation has been ...
    read full comment

  • Fianko Matthew 1 day ago

    Strategic state institutions should never become casualties of political transitions. Leadership changes should preserve institutional knowledge, protect talent, and ensure continuity. Politicizing transitions through perceiv ...
    read full comment