Bond market: trading rebounded after sluggish activity

April 26, 2023 Trading activity in the Ghanaian secondary bond market gained some momentum, as aggregate volume traded surged last week to ¢331.54 million. Investor interest in the new bonds was slightly...

Written by:

April 26, 2023 / Comments (0)

World Bank commits $250m to Ghana Stability Fund

April 17, 2023 Finance Minister Ken Ofori-Atta has disclosed that the World Bank has agreed to commit $250 million to support the Ghana Stability Fund. This is part of the donor funding expected to come...

Written by:

April 17, 2023 / Comments (0)

Cedi to record mixed performance this week

April 12, 2023 The Ghana cedi is expected to record a mixed performance this week as the market awaits a decision of Ghana’s external debt restructuring with its bilateral creditors. The Paris Club of...

Written by:

April 12, 2023 / Comments (0)

Crude oil prices to fall to $73.1 per barrel in 2023 – IMF

April 12, 2023 Crude oil prices will slide by 24.1% to an average $73.1 a barrel in 2023, the International Monetary Fund has stated in its April 2023 World Economic Outlook Report. This is from $96.4 in...

Written by:

April 12, 2023 / Comments (0)

Interest rates likely to fall significantly – IMF

April 11, 2023 Interest rates in major economies are expected to fall to pre-pandemic levels because of low productivity and ageing populations, according to a forecast. The International Monetary...

Written by:

April 11, 2023 / Comments (0)

Ghana’s bilateral creditors set to clear way for $3bn IMF bailout

April 11, 2023 Ghana hopes to take a big step towards restructuring its $58 billion-worth of debt this week, with its bilateral creditors meeting on Tuesday, April 11, 20223, to discuss whether to provide...

Written by:

April 11, 2023 / Comments (0)

World Bank lowers Ghana’s growth rate to below 2% in 2023

April 5, 2023 The World Bank has lowered Ghana’s growth rate to under 2.0% in 2023, placing it at the 29th position in Sub-Saharan Africa, its April 2023 Africa Pulse Report has revealed. This is...

Written by:

April 5, 2023 / Comments (0)

Proposed Investor Protection Fund expected to be operational from 2024

April 4, 2023 The Director General of the Securities and Exchange Commission (SEC) Rev. Daniel Ogbarmey Tetteh has disclosed that the proposed Investor Protection Fund is scheduled to take off from...

Written by:

April 4, 2023 / Comments (0)

Parliament passes three new taxes

April 3, 2023 Parliament has passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill 2022 and the Income Tax Amendment Bill 2022. The...

Written by:

April 3, 2023 / Comments (0)

Ghana’s IMF progress: Paris Club, China & other creditors agree to form OCC

March 28, 2023 Ghana’s Minister for Finance, Honourable Ken Ofori-Atta, has divulged that Ghana has made significant progress in its discussions for debt treatment with the Paris Club and other...

Written by:

March 28, 2023 / Comments (0)