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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)

S&P maintains Ghana’s ratings with stable outlook

February 7, 2022 Ratings agency, Standard and Poor’s Global Ratings (S&P), has maintained the country’s creditworthiness score at ‘B’ negative and ‘B’ over its solid...

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February 7, 2022 / Comments (0)

Company ownership register to be ready 2023 — Finance Ministry

September 22, 2021 The Ministry of Finance has expressed optimism that the Beneficial Ownership Register being compiled by the Registrar General’s Department will be made available to the public by 2023....

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September 22, 2021 / Comments (0)

MSMEs to enjoy low interest rates with creation of Development Bank Ghana – Ofori-Atta

May 24, 2021 Finance Minister, Ken Ofori-Atta has assured that the establishment of the Development Bank Ghana (DBG) will see a reduction in interest rates for Ghanaian businesses. This comes barely a...

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May 24, 2021 / Comments (0)

Gov’t settles almost 90% of Ameri Power debt

March 23, 2021 The government has settled almost 90 per cent of the total cost of the 250 Megawatts Ameri power plant procured from UAE-based Africa & Middle East Resources Investment Group. The Ameri...

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March 23, 2021 / Comments (0)

Government secures amended power purchase agreement with CENIT Energy

September 29, 2020 Government and CENIT Energy Limited (CEL), a Ghanaian independent power producer, have successfully secured terms for an amended Power Purchase Agreement (PPA). Per the agreement, CEL has...

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September 29, 2020 / Comments (0)

BoG to build additional reserves to deal with cedi depreciation

July 29, 2020 The Bank of Ghana says it intends to build additional reserves of up to 300 million cedis to stabilize the country’s currency. This will be a medium-term solution to prevent the free fall...

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July 29, 2020 / Comments (0)

UniBank collapse: Charges against Duffuor and others amended from 68 to 71

June 19, 2020 The State has amended its charges against the Founder of defunct Unibank, Dr. Kwabena Duffuor and some former executives over their alleged roles in the bank’s collapse. The one-time...

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June 19, 2020 / Comments (0)

EU’s blacklisting of Ghana over money laundering breaches flawed – Finance Ministry

May 22, 2020 The Ministry of Finance has described the decision of the European Commission to blacklist Ghana over money laundering breaches as unfortunate. According to the Finance Ministry, the...

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May 22, 2020 / Comments (0)

Digital payment gets major boost with launch of 3 policies

May 20, 2020 The government of Ghana has launched three new policy initiatives designed to deepen financial inclusion and accelerate digital payments, in line with government’s vision of building a...

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May 20, 2020 / Comments (0)