Bond market: Total turnover increased sharply by 600% to GH¢527.72m

July 10, 2024 The Ghanaian secondary bond market rebounded largely last week on the back of sell-buy-back trades. As a result, the total volume traded across the market amounted to GH¢527.72 million....

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July 10, 2024 / Comments (0)

Ghana’s deal with Eurobond holders gets Official Creditor Committee’s approval

July 10, 2024 Ghana’s bilateral lenders through the Official Creditor Committee (OCC) have approved government’s deal with Eurobond holders on proposed terms to restructure about $13.1 billion debt....

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July 10, 2024 / Comments (0)

Rate of cedi depreciation slows as market project relative stability

July 10, 2024 The Ghana Cedi recorded a marginal depreciation as it lost 0.58 percent against the US Dollar last week, although analysts project it to remain stable this week as foreign exchange...

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July 10, 2024 / Comments (0)

Moody’s to upgrade Ghana’s credit rating

July 10, 2024 Ratings agency, Moody’s has indicated to upgrade Ghana’s credit rating following the country’s Eurobond exchange. The New York-based firm has issued a statement indicating that it has...

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July 10, 2024 / Comments (0)

June 2024 inflation marginally declines to 22.8%

July 10, 2024 Inflation for the month of June has marginally declined to 22.8 percent. This represents a decline of 0.3 percentage points from that of the month of May which was at 23.1 percent....

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July 10, 2024 / Comments (0)

Harmonized regulation non-negotiable, says BoG Governor on boosting intra-African trade

July 8, 2024 Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has acknowledged the critical role of a harmonized regulatory framework and strategic partnerships among digital space players in...

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July 8, 2024 / Comments (0)

Implement auto policy to boost industry — Expert

July 4, 2024 Players in the automobile industry have called for a full implementation of the Ghana Automotive Development Policy (GADP) to help position the country as a manufacturing leader in West...

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July 4, 2024 / Comments (0)

GIPC CEO defends removal of capital requirement for foreign businesses

July 4, 2024 The Chief Executive of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has strongly defended the Centre’s recent decision to eliminate the capital requirement for foreign...

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July 4, 2024 / Comments (0)

Gov’t secures delayed interest payments in debt restructuring deal with external bilateral creditors

June 27, 2024 Government has secured delayed payment on interest and postponement on maturity date in restructured debt deal with bilateral creditors. The creditors, however rejected any haircut on the...

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June 27, 2024 / Comments (0)

Producer Price Inflation hits 23.6%

June 27, 2024 The year-on-year inflation rate at ex-factory prices for all goods and services was 23.6% in May 2024. This was far higher than the 16.8% recorded in April 2024. The month-on-month producer...

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June 27, 2024 / Comments (0)