Ghana Publishing Company to expand into passport, cheque book production with €1.5m investment
The Ghana Publishing Company Limited is preparing to expand its security-printing operations with equipment valued at €1.5 million, which is expected to position the company to undertake specialised printing services, including the production of cheque books and passports.
The Managing Director of the Company, Nana Kwasi Boaitey, disclosed this when he took his turn at the Government Accountability Series, where he outlined investments and reforms being implemented to strengthen the company’s operations.
The investment, according to him, forms part of management’s efforts to modernise the company’s operations, diversify its revenue sources and build capacity to undertake more complex printing assignments.
“We have invested €1.5 million in security-printing equipment, which is expected to arrive. When the equipment comes, it will open up opportunities for us to undertake security printing, including the production of cheque books and passports,” he said.
The planned investment follows the establishment of a digital printing press, which was completed in January 2026 and inaugurated by President John Dramani Mahama.
The Managing Director said the digital press was part of a broader programme to improve the company’s production capacity and enable it to respond to the changing needs of clients.
He explained that management was also undertaking infrastructure improvements and acquiring vehicles and motorbikes to support the company’s operations.
The investment in security printing comes alongside other reforms introduced since the Managing Director assumed office on February 16, 2025, when the company was facing liquidity challenges.
He said management had chosen to address the company’s difficulties through operational restructuring and revenue generation rather than laying off workers, despite having a staff strength above its estimated requirement.
The company has since introduced a 24-hour operational system, reducing the production time for ordinary government gazettes from eight weeks to three weeks and premium gazettes from one week to three days.
It has also established new departments, including quality control, legal, commercial sales and corporate affairs, to improve efficiency and strengthen its business operations.
The reforms have contributed to an improvement in the company’s financial performance. Its revenue increased from GH¢60.78 million in 2024 to GH¢72.85 million in 2025, while profit after tax rose from GH¢2.23 million to GH¢16.96 million.
The Managing Director said the company was also developing an e-Gazette platform and an e-Bookshop to expand access to government publications and create additional business opportunities.
The planned security-printing investment is expected to add another revenue stream as the company works to strengthen its position in the printing industry.
Richard Aniagyei, ISD
