Govt Raises $96.4m From First Local Dollar Denominated Bond
Government has raised a total of 96.4 million dollars in its first local dollar denominated bond at a rate of ...
Tag: finance
Banks Must Help Revive Abandoned Sectors – Dr Kofi Amoah
The Chief Executive Officer of Progeny Ventures, and Executive Chairman of Global Access, Dr. Kofi Amoah, has called for a ...
Industrial Sector In Distress; Records 5% In Second Quarter
The country’s industrial sector is in a dire situation as figures from the Ghana Statistical Service (GSS) show that it ...
Aging Fund For Artistes Is Wrong – Socrate Safo Tells Mahama
Controversial movie producer Socrate Sarfo has described president Mahama’s plan to create fund for aging artistes should he win this ...
Ghana’s Debt To GDP To Hit 70% Mark – Economist
Ghana’s debt to GDP ratio could hit the 70 percent threshold if the base rate for calculating the figure, is ...
Interest Rates Killing Businesses, Suffocating Consumers
Ghana's current policy rate set by the Bank of Ghana is 26 per cent. Such a rate may be considered ...
Vilified Yet Effective
In an election year, many expected Ghana’s economy to completely wither; past events have shown that the power and extravagance ...
Power Firms In GH¢19bn Maze of Debt
Government’s efforts to address the debt position of four key state-owned enterprises in the energy sector has left the International ...
Plans To House 6000 ‘mad’ People In Limbo
The Ghana Mental Health Authority has warned that a project it initiated to take six thousand mentally ill patients off ...
Samsung Permanently Stops Galaxy Note 7 Production
South Korean tech giant Samsung has permanently ceased production of its high-end Galaxy Note 7 smartphones after reports of devices ...
SA Finance Minister To Appear In Court As Rand Dwindles
South Africa's Finance Minister Pravin Gordhan says he’s been ordered to appear in court on 2 November in relation to ...
Turn Off Your Dangerous Note 7 Phone- Samsung Tells Owners
South Korean tech giant Samsung has urged owners of the Galaxy Note 7 to turn off its high-end smartphone while ...
Local Investors Lap Up First USD Bond
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted ...
Kwesi Botchwey Urges BoG To Do More For Banks
A former finance minister, Professor Kwesi Botchwey, has urged the Bank of Ghana (BoG) to come up with a stable ...
Bawumia Intellectually Dishonest With 600 SHSs Promise
The Minister of Employment and Labour Relations Haruna Iddrisu is questioning the intellectual honesty of vice presidential candidate of the ...
DKM Customers Seek Injunction To Stop Payments
Some customers of DKM Microfinance in the Northern regional capital, Tamale, are seeking to place an interlocutory injunction on the ...
Ghana Not At Risk of ‘HIPC’
The World Bank President says he does not think Ghana and other African countries with high debt levels are at ...
World Bank, Others To Release $1.3bn For Nigeria’s Development Bank
World Bank, others to release $1.3bn for Nigeria’s development bank In line with its determination to revive the Nigerian economy, ...
Moody’s Rating Is ‘an Upgrade’
The recent affirmation of the Government of Ghana's issuer and senior unsecured rating at B3 and change in the country's ...
Gas Supply Disruption Could Deepen VRA’s Debt Repayment Woes
The continuous disruption of gas supply to the Volta River Authority (VRA) could further hamper ability of the main power ...