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...
The Ministry of Finance has said that the government’s meetings with the Chinese delegation from EXIM Bank China are progressing well.
In a statement on...
MTN Group and Huawei on March 2, 2023 signed a memorandum of understanding to strengthen strategic cooperation in environmental, social and governance matters.
The MoU,...
The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has renewed calls for the government to remove taxes and levies on LPG, which currently...
Ghana’s cedi, the world’s second-worst performing currency this year, is heading for more pain after the the country missed a self-imposed deadline to restructure...
The Managing Director of Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, has appealed to the government for an increment in the...
Three bondholder groups are demanding the immediate payment of coupons and principals which matured on February 6th and 20th.
The group is made up of the...
Government has successfully concluded the Domestic Debt Exchange Programme (DDEP) for GH-denominated notes and bonds issued by the state, the Energy Sector Levy Act...
The Jospong Group of Companies (JGC) and other interested private companies in Ghana’s waste management space have been urged to look at the possibility...
The National Entrepreneurship and Innovation Programme (NEIP) has launched the Hub Acceleration Grant Programme to support and accelerate Start-ups and SME growth in Ghana....
Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023.
This is owing to...
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has said the NPA in consultation with the Association of Oil Marketing...
Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million.
This is coming after the government concluded the Domestic...
The government has announced the final principal amounts of new bonds issued in the Domestic Debt Exchange Programme’s (DDEP) settlement.Â
According to the Finance Ministry, “new...
Africa’s inclusive finance provider, Letshego Holdings Ltd (Letshego Group) has appointed Gorata Tlhale Dibotelo as Head of Group Legal, Governance and Group Company Secretary...
Banks operating in Ghana wrote-off about ¢5.9 billion as bad debt in December 2022.
According to the Domestic Money Banks Income Statement, this is about...
The Finance Minister, Ken Ofori-Atta, has finally given a timeline to honour outstanding bonds which matured on February 6 for which government defaulted.
According to...
Chief Executive Officer of Zeepay, Andrew Takyi-Appiah, has shared how he moved from a place of nothingness to establish a multinational company.
The journey, according...
The International Monetary Fund’s (IMF) strategy director on Tuesday said the goal of a new sovereign debt panel of creditors and borrowers due to...
The Finance Minister, Ken Ofori-Atta, was in Parliament on Thursday to present a statement on the country’s Domestic Debt Exchange Programme (DDEP).
He clarified those...
Finance Minister, Ken Ofori-Atta, says his outfit has written to the Pensioners Bondholders Forum about their exemption from the Domestic Debt Exchange Programme (DDEP).
This...
Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the pumps from today, February 16, 2023. This is the second...
International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status.
In its latest report on Ghana, it said “Fitch Ratings downgraded Ghana’s Long-Term...
The Ghana Grid Company Limited (GRIDCO) is warning that constant power supply could be hampered if its cash flow challenges are not addressed immediately.
The...
The prices of petrol and diesel are expected to drop significantly between 7.1% and 10.8% at the pumps, from Thursday, February 16, 2022.
However, that...
The International Monetary Fund (IMF) has appointed Leonard Chumo, Resident Adviser in financial sector supervision, to the Bank of Ghana (BoG).
He is expected to...
The Ghana cedi continued to rise steadily against the US dollar amidst the Bank of Ghana’s tight foreign exchange intervention.
The regulator sold only...
Tullow Oil Plc has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in...
Government has assured persons who refused to exchange their bonds for new ones under the Domestic Debt Exchange Programme that their outstanding coupon payments...
Individual bondholders are pilling pressure on the Finance Ministry to pay the over ¢4 billion in interest and principal on which the ministry defaulted.
The...