Foreign holdings of domestic bond to fall to below 10% in 2022 – Bloomberg

December 12, 2022 Foreign holdings of Ghana’s domestic debt is expected to fall to below 10% by the end of the year, Bloomberg has projected. This it says had piled pressure on the Ghana cedi which is...

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December 12, 2022 / Comments (0)

Bloomberg report: Ghana Cedi posts world’s biggest gain against US dollar

December 12, 2022 Bloomberg has reported that the Ghana Cedi last week posted the world’s biggest gain against the US Dollar as Ghana starts reorganising local debt. It said the Ghana cedi took the title...

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December 12, 2022 / Comments (0)

Conship supports St. Mark’s Anglican Basic School and JHS at Essikado

December 9, 2022 Consolidated Shipping Agencies Limited (Conship) has supported St. Mark’s Anglican Basic School and JHS at Essikado in the Sekondi-Takoradi Metropolis to create a more conducive...

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December 9, 2022 / Comments (0)

Silver Star promises to excite clients with value-for-money driving experience

December 8, 2022 Silver Star Auto Limited has promised to excite clients with secured and value for money driving experience. The firm, a leader in automobile industry, outdoored two new vehicles during the...

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December 8, 2022 / Comments (0)

Debt exchange: Govt to establish GH₵15billion fund for financial institutions that participate

December 8, 2022 Known as the Ghana Financial Stability Fund (GFSF), the fund is being established with a target size of GH₵15 billion to be provided by the government and its development partners. The...

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December 8, 2022 / Comments (0)

Debt Exchange: 8 banks highly exposed to government bonds, may be hit hardest – Report

December 8, 2022 About eight banks names withheld are highly exposed to the Government of Ghana securities, particularly bonds and could therefore be impacted significantly by the Debt Exchange Programme....

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December 8, 2022 / Comments (0)

IMF assures of restored macroeconomic stability in Ghana

December 8, 2022 The International Monetary Fund (IMF) has assured Ghanaians it will assist government to restore macroeconomic stability, spur growth and bring the much needed relief to them. A statement...

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December 8, 2022 / Comments (0)

Inflation, interest rates impact negatively on GSE in November 2022 – Report

December 8, 2022 Increasing inflation and interest rates continued to impact on the Ghana Stock Exchange’s fixed income market (GFIM) as yields continued to rise during November 2022. According to the...

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December 8, 2022 / Comments (0)

We will safeguard the solvency of financial institutions – Ofori-Atta

December 7, 2022 Government has said it will take all appropriate measures to safeguard the solvency of the financial institutions involved in Ghana’s domestic debt exchange. Ken Ofori-Atta, the Minister...

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December 7, 2022 / Comments (0)

‘Investor Protection Fund’ will restore confidence, but debt exchange programme to spur investment withdrawals – PwC

December 7, 2022 Auditing and accounting firm, PwC, is upbeat the Investor Protection Fund outlined in the 2023 Budget would restore investor confidence which it describes as low due to the various rating...

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December 7, 2022 / Comments (0)