Public Debt Now GHS112b
Ghana’s total public debt stock, which stood at GH¢110 billion at the end of August, increased to GH¢112.4 billion at ...
Tag: debt
Government Owes BDCs GHS2b
Government has to seek an additional GH¢1.2 billion to be able to pay off all debts owed Bulk Oil Distribution ...
Teachers Vow To Vote Out Mahama Over Salary Arrears
Some teachers in the Upper West Region have threatened to vote out the John Mahama-led government if it fails to ...
Manchester United Face £20m Adidas Champions League Blow
Manchester United will lose more than £20m in sponsorship income from Adidas if they fail to qualify for next year's ...
IMF Frees Zimbabwe Off Sanctions After Paying Arrears
The International Monetary Fund (IMF) has lifted remedial measures against Zimbabwe after the southern African country cleared its 15-year debt ...
Borrowers, Lenders Embrace New Collateralisation
A new trend is emerging in the financial market, where an increasing number of borrowers and lenders prefer to use ...
Maiden 10-Year Bond Fetches Ghana GHS438m At 19% Interest
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued today at ...
Banks Crave More Loan Restructuring Deals
Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the country which are ...
Govt Makes Second Payment On Legacy Debt
The President of the Ghana Bankers Association, Alhassan Andani has stated that banks that were owed by government under the ...
Probe Sale of ‘scrap’ Vessel
Some Union Members of the Ghana Ports and Harbours Authority (GPHA) have called for a full scale investigation to unravel ...
Hearts Players Paid Outstanding Salaries
Hearts of Oak have settled all outstanding salaries of its players paving way for pre season to start on Saturday. ...
US$60 Million Loan Agreement Will Sink ECG – Akoto Osei
A loan worth 60 million dollars being procured by the government of Ghana for the Electricity Company of Ghana has ...
Government Fleecing ECG
Minority in parliament has criticised the President Mahama led National Democratic Congress (NDC) government over a high interest loan facility ...
Brace Up To Pay More For Power In 2017 – Expert
Energy expert Kojo Opoku is predicting that electricity consumers will be paying more for the service in 2017. According to ...
Brace Up To Pay More For Power In 2017 – Expert Advises
Energy expert Kojo Opoku is predicting that electricity consumers will be paying more for the service in 2017. According to ...
OccupyGhana Pursues Woyome GH¢51 Million Payout
Pressure group OccupyGhana says it’s monitoring closely the Attorney General’s latest effort to retrieve the GH¢51.2 million unlawfully paid to ...
Tax Hikes Will Intensify After December – CSOs
Civil Society organisations (CSOs) have indicated that government’s spending cuts and tax rises will intensify after the December 2016 elections ...
Interest Payments Expenditure Worrying – Minority
A member of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah has questioned the GH¢1.9 billion to be expended on ...
Ghana Will Be In A State of Economic Hopelessness 2017 – Economist
An Economist and Member of Parliament (MP) for New Juaben South, Dr. Mark Assibey-Yeboah, is cautioning Ghanaians not to expect ...
Check Rising Debt Levels – Dalex CEO Tells Government
Government has been advised to check the country’s rising debt stock. Chief Executive Officer (CEO) of Dalex Finance, Ken Thompson, ...