Finance Ministry confirms over 80% participation in DDEP

February 14, 2023 The Finance Ministry has confirmed that government secured over 80% participation in the Domestic Debt Exchange Programme (DDEP). This indeed confirms an earlier report by Joy Business that...

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February 14, 2023 / Comments (0)

Cedi extends volatile run

February 8, 2023 The cedi extended its gains against major trading currencies last week raising hopes that the local currency is beginning to steady ahead of a deal with the International Monetary Fund...

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February 8, 2023 / Comments (0)

Government extends date for tendering of bonds by bondholders

February 8, 2023 The government has extended to Friday at 4:00pm (GMT) the deadline for some bondholders who are facing difficulties on online portals tendering in their bonds to do so by the extended time....

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February 8, 2023 / Comments (0)

What SMEs need to access funds from banks

February 8, 2023 The economy is facing one of its worst challenges. This development has put a lot of strain on businesses. The financial sector is also not sparred because the Domestic Debt Exchange...

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February 8, 2023 / Comments (0)

Domestic Debt Exchange Programme: Government exceeds 80% sign-on

February 1, 2023 The government has been able to achieve between 80 to 90 per cent sign-on to its Domestic Debt Exchange Programme (DDEP). A Deputy Minister of Finance, John Kumah announced this on an Accra...

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February 1, 2023 / Comments (0)

Deadline for Domestic Debt Exchange Programme extended to Feb 7

February 1, 2023 Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry in a press release on Tuesday added that a new settlement date...

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February 1, 2023 / Comments (0)

Bond market turnover falls by 54% to ¢954.15m

January 31, 2023 The total turnover of the bond market declined by 54.8% to ¢954.15 million at the end of trading last week. According to market statistics, the slowdown in activity was primarily due to...

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January 31, 2023 / Comments (0)

Private sector credit contracts sharply by 14.5%

January 31, 2023 Private sector credit growth picked up in December 2022, partly reflecting continued portfolio rebalancing by banks and revaluation effects on foreign currency denominated credit, the Bank...

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January 31, 2023 / Comments (0)

Government and Association of Banks reach agreement on DDEP

January 27, 2023 Finally, there is an agreement between the government and the Ghana Association of Banks over the Domestic Debt Exchange Program. The Association had earlier instructed commercial banks to...

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January 27, 2023 / Comments (0)