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Eurobond Debt Exchange Programme: Gov’t secures more than 90% participation
The government has secured significant participation from investors in the Eurobond Debt Exchange Programme.This is what Joy Business has picked up from persons familiar...
Government to launch $13bn Eurobond Debt Exchange Programme next week
Government is set to launch the highly anticipated Eurobond Debt Exchange Programme next week, according to sources familiar with the plan.The Finance Ministry is...
Debt exchange has weakened confidence in financial sector – Prof. Peprah
Associate Professor at Andrews University, William Peprah, has noted a decline in confidence within Ghana's financial sector since the inception of the Domestic Debt...
Govt announces fresh Debt Exchange for ESLA, Daakye bondholders
The government, through the Finance Ministry, has extended fresh invitations to E.S.L.A. Plc and Daakye Trust Plc bondholders to trade their holdings for a...
BoG’s role in Debt Exchange Programme defended amid GH¢60bn losses
The Director of Research at the Institute of Economic Affairs (IEA) has defended the Bank of Ghana (BoG) against undue blame for its participation...
Huge losses under debt exchange have significantly weakened banking sector’s capitalisation – Fitch
Rating agency, Fitch, has warned that the large losses imposed on bondholders under the Domestic Debt Exchange Programme (DDEP) have significantly weakened the banking...
BoG Report: Governor signals significant revenue loss, blames Domestic Debt Exchange Programme
The Governor of the Bank of Ghana, Dr Ernest Addison, has predicted that the yet-to-be-released BoG report will reveal a high revenue loss for...
Govt’s latest debt exchange programme technically sound – Senyo Hosi
Convenor of the Individual Bondholders Forum, Senyo Hosi, has described the policy document of the government’s second round of debt exchange programme as a...
Nine banks could be insolvent from impact of domestic debt exchange – Report
If the International Financial Reporting Standard (IFRS) nine is applied in a stricter sense, nine Ghanaian banks could be insolvent from the impact of...
Ken Ofori-Atta to present details of Debt Exchange Programme to Parliament
Finance Minister is expected to furnish Parliament with details of the ongoing debt restructuring.This was after the Minority succeeded with a Private Members’ Motion...
Franklin Cudjoe ‘s reaction after govt exempted pensioners from debt exchange Programme
JoyNews/AdomNews · FRANKLIN ON DEPThe founding President of IMANI Africa, Franklin Cudjoe, has described the Domestic Debt Exchange Programme as too ‘chaotic’ and ‘brutal’.He...
Debt exchange brouhaha: Finance Minister to meet Akufo-Addo
Finance Minister Ken Ofori-Atta has promised to meet with President Nana Akufo-Addo to deliberate on the exemption demand of members of the Pensioner Bondholders...
MP likens “voluntary” exemption in Debt Exchange to ‘Animal Farm’
A Member of the Finance Committee of Parliament, Richard Acheampong, has said that participation in the Debt Exchange Programme is not as voluntary as...
Debt exchange brouhaha – Martin Kpebu hails Sophia Akuffo as Yaa Asantewaa
JoyNews/AdomNews · Martin Kpebu hails Sophia Akufffo as Yaa AsantewaaFormer Chief Justice, Sophia Akuffo, won the hearts of many when she joined a group...
Mahama reacts to Sophia Akuffo’s debt exchange outburst
Former President John Dramani Mahama has blamed the prevailing economic challenges in the country on President Nana Akufo-Addo’s "arrogance" and the "incompetence" of his...
Refrain from spreading falsehood on Debt Exchange – Lecturer to colleagues
A Senior Research fellow in Public Sector Economics, Dr George Domfeh, has stated that Ghanaians are being misled about the Debt Exchange Programme.According to...
Why Debt Exchange Programme has not been a success – Financial Analyst
A Financial and Economic Analyst, Seth Ofori Twumasi, has indicated that the Finance Ministry has not shown any transparency in its Domestic Debt Exchange...
Let’s save Ghana – Former NDC MP begs Ghanaians over Debt Exchange [Video]
https://youtu.be/WAXpcwdSqroFormer Member of Parliament for Adentan constituency, Kojo Adu Asare, has pleaded with the Individual Bondholders Forum to reach a consensus with government on...
Exclude pension funds from Debt Exchange – Titus-Glover appeals to Akufo-Addo
Former Member of Parliament for Tema East, Daniel Nii Kwartei Titus-Glover, has appealed to President Nana Akufo-Addo to intervene for the exclusion of Pension...
Parliament demands briefing on domestic debt exchange programme
The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has directed the Business Committee to schedule the Finance Minister to appear before the House on...
I’m a victim of debt exchange – Nana Yaa Jantuah
JoyNews/AdomNews · Nana Yaa Jantuah fights government on debt exchangeGeneral Secretary of the Convention People's Party (CPP), Nana Yaa Jantuah, says she is a...
Medical doctor cries on Joy FM over debt exchange [Video]
A medical doctor and financial advisor got emotional on Monday morning when addressing the government’s ongoing Domestic Debt Exchange Programme (DDEP).Dr Yaw Perbi, while...
Deadline for Domestic Debt Exchange Programme extended to Feb. 7
Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023.The Finance Ministry in a press release on Tuesday...
Full Report: Technical Committee on exclusion of individual bondholders from Debt Exchange Programme
Read the full report of the Technical Committee that sat on the exclusion of Individual Bondholders from the Domestic Debt Exchange (DDE) programme:
Kwesi Pratt likens Debt Exchange Programme to George Floyd’s ‘can’t breathe’ situation
Seasoned journalist and Managing Editor of the Insight newspaper, Kwesi Pratt Jnr, has said the Debt Exchange Programme is not the ultimate solution to...
Govt reaches agreement with banks on new terms for debt exchange programme
The Government of Ghana and the Ghana Association of Banks (GAB) have made significant progress on the terms of participation of Banks in the...
Decision to include bondholders in Debt Exchange Programme autocratic – Afaglo
The Chief Executive Officer (CEO) of Marrer Ghana Limited and Susagtad Boat Building, Novihoho Afaglo, has described government's inclusion of individual bondholders in the...
Christian Council urges govt to suspend debt exchange programme
The Christian Council of Ghana has called for a suspension of the domestic debt exchange programme expected to stabilise the country’s debt.The Council in...
Debt exchange programme voluntary – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has said that the debt exchange programme is a voluntary exercise.Mr Ofori-Atta said government anticipates an 80% per cent...
Five banks to collapse over debt exchange programme – Ato Forson
The Minority in Parliament says the ongoing debt exchange programme will not augur well for the banks in the country. The opposition National Democratic Congress...
Debt Exchange Programme: Minority to embark on roadshow
The NDC Caucus in Parliament is set to embark on nationwide roadshows to foster a deeper understanding of the Debt Exchange Programme. The Programme...
Debt Exchange Programme: Why government keeps extending deadlines
Ranking Member on Parliament’s Finance Committee, Dr Cassiel Ato Forson, has said the government keeps extending the deadline for its domestic debt exchange programme...
Minority calls for immediate suspension of Debt Exchange Programme
The Minority in Parliament has called for the immediate suspension of the government's Domestic Debt Exchange (DDE) Programme.To the Caucus, the programme has...
Full speech: Minority’s address on Debt Exchange Programme
The Minority in Parliament has expressed dissatisfaction with the government's Debt Exchange Programme.The Caucus has reiterated the country is already in a bad...
Individual bondholders threaten demo over Debt Exchange Programme
The Ghana Individual Bondholders Forum says they will organise a demonstration against the government if it goes ahead and include investments in the ongoing...
Debt Exchange programme a necessary evil – Gabby to bondholders
A member of the ruling New Patriotic Party (NPP) has described government’s debt exchange programme as a ‘necessary evil’.According to Gabby Otchere-Darko, though the...
Debt Exchange Programme: TUC suspends intended strike
The Trades Union Congress (TUC) has rescinded its plan to embark on an indefinite nationwide industrial action to demonstrate their opposition to earlier plans...
Victory at last: Pension Funds exempted from Debt Exchange Programme
Government has announced an exemption of all pension funds from the Debt Exchange Programme.This follows a meeting between Organised Labour, Ministry of Employment and...
Deadline for domestic debt exchange extended
The Ministry of Finance has announced an extension of the deadline for the domestic debt exchange from December 19 to December 30, with a...
Debt Exchange Programme: Minister replies Labour Unions [Audio]
JoyNews/AdomNews · Abena Osei Asare On Debt Exchange ProgrammeA Deputy Finance Minister, Abena Osei Asare, has fought off claims by Labour Unions that there...