Ken Ofori-Atta, Ghana’s Finance Minister has observed that prospects for Ghana issuing a possible Samurai bond in the medium term looked good, judging from the interaction and reception accorded the delegation on the non-deal investor road show to Tokyo. Speaking to selected international journalists in Tokyo at the end of the road show, he explained … Read more
Ken Ofori-Atta, Ghana’s Finance Minister has observed that prospects for Ghana issuing a possible Samurai bond in the medium term looked good, judging from the interaction and reception accorded the delegation on the non-deal investor road show to Tokyo. Speaking to selected international journalists in Tokyo at the end of the road show, he explained … Read more
Ivory Coast’s cocoa regulator pointed to speculators and prospects for a glut as the reason for a slump in futures that forced the nation to cut the price it pays farmers. There was something it didn’t blame: Itself. Le Conseil du Cafe-Cacao also said a volatile pound and defaults by local exporters contributed to a … Read more
Ghana might record a possible downgrade by credit rating agencies during their periodic assessments of economies in Africa. The recent publications by Standard & Poor rated Ghana B- with a stable outlook, Moody’s rated Ghana B3 with a stable outlook, and Fitch’s credit rating for Ghana was a B with negative outlook. Ghana’s poor economic … Read more
Ghana might record a possible downgrade by credit rating agencies during their periodic assessment of economies in Africa. The recent publications by Standard & Poor rated Ghana B- with a stable outlook, Moody’s rated Ghana B3 with a stable outlook and Fitch’s credit rating for Ghana was a B with negative outlook. Ghana’s poor economic … Read more
The National Patriotic Party (NPP) launched its 2016 manifesto in Accra, this Sunday and a team of fact-checkers subjected five claims made by the party’s Vice Presidential candidate, Dr Mahamud Bawumia to scrutiny. It was found that only one of them was entirely true. Two claims were found to be true but misleading, whiles one … Read more
Finance Minister Seth Terkper says the favorable assessment of Ghana’s creditworthiness by some rating agencies shows that government is on track in stabilizing the economy. Rating Agencies, Moody’s and FITCH have all given government a favorable assessment of its ability to pay back on time funds borrowed on the international market. Moodys in a statement … Read more