Domestic debt exchange: No haircut on treasury bills, principal bonds – Gov’t

December 6, 2022 Government has announced that there will be no “haircut” on the principal of bonds and that individuals with government bonds will have their full investments on maturity. In a public...

Written by:

December 6, 2022 / Comments (0)

World first: Bosch and Mercedes-Benz’s driverless parking system approved for commercial use

December 6, 2022 Stuttgart, Germany – Bosch and Mercedes-Benz have reached an important milestone on the way to automated driving: Germany’s Federal Motor Transport Authority (KBA) has approved their...

Written by:

December 6, 2022 / Comments (0)

Interest rate hits all-time high of 31.4%

December 6, 2022 Average rates on loans given to individuals and businesses by banks in the country stand at 31.4 per cent at end-October 2022. This is on the account of increments in the Bank of Ghana’s...

Written by:

December 6, 2022 / Comments (0)

Debt exchange kicks off – Bonds replaced by 4 new ones, Interest payment deferred to 2024

December 6, 2022 The government has launched a voluntary exercise that allows institutions that hold bonds issued locally in Ghana cedis to postpone their interest on the investments in return for full...

Written by:

December 6, 2022 / Comments (0)

6 ways to protect your financial investments against depreciation in Ghana

December 6, 2022 If you’re an investor in Ghana, then protecting your financial investments against depreciation of the cedis is key to you especially now. The currency Ghana cedis has been on a...

Written by:

December 6, 2022 / Comments (0)

Finance Minister officially announces Domestic Debt Exchange programme

December 5, 2022 The Minister of Finance, Ken Ofori-Atta has announced the Domestic Debt Exchange programme that was introduced by the government in the 2023 budget. He announced this at a press conference...

Written by:

December 5, 2022 / Comments (0)

GGEA ELECTS NEW BOARD OF DIRECTORS

November 30, 2022 The Ghanaian-German Economic Association (GGEA) at its Annual General Meeting (AGM) held on the 23rd of November 2022, elected a New Board into office to govern the business of the...

Written by:

November 30, 2022 / Comments (0)

Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring

November 30, 2022 Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable. This concludes the review for...

Written by:

November 30, 2022 / Comments (0)

Kasapreko wins the Overall Best Industrial Company of the Year

November 30, 2022 The Association of Ghana Industries (AGI) announces Kasapreko Company Limited as the “Overall Best Industrial Company of the Year” as well as the “Best Company in the Beverage...

Written by:

November 30, 2022 / Comments (0)

Focus on compliance, additional 2.5% VAT to impact cost of doing business – KPMG to government

November 30, 2022 Accounting firm, KPMG says the imposition of an additional 2.5% Valued Added TAX (VAT) on standard-rated supplies would impact cost of doing business in the country. It, therefore, wants...

Written by:

November 30, 2022 / Comments (0)