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Bond market: Market turnover rises 93.5% to ¢1.33bn

February 21, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 21, 2023 / Comments (0)

Fitch downgrades Ghana again to ‘Restricted Default’ after failing to pay $40.6m coupon

February 21, 2023 Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the...

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February 21, 2023 / Comments (0)

Silver Star Auto continues to expand its offering in the automotive sector

February 20, 2023 Award-winning Ghanaian automobile dealer, Silver Star Auto Ltd has expanded its line of products to give consumers more options for the different segments in the automobile industry. With...

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February 20, 2023 / Comments (0)

Inflation likely to peak in quarter 1, 2023 – BoG affirms position

February 20, 2023 The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter. However, headline inflation is projected to remain above the...

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February 20, 2023 / Comments (0)

Expanding African businesses into multinational entities in 2023

February 15, 2023 Businesses looking to expand and take advantage of new markets often downplay calculating and managing risks associated with the means to expand and the regulatory frameworks of a foreign...

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February 15, 2023 / Comments (0)

IMF assigns resident financial adviser to Bank of Ghana

February 15, 2023 The International Monetary Fund (IMF) has appointed Leonard Chumo as a financial adviser to the Bank of Ghana upon request. Funded by Switzerland’s State Secretariat for Economic Affairs...

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February 15, 2023 / Comments (0)

Inflation falls marginally to 53.6% in January 2023

February 15, 2023 Inflation fell marginally to 53.6% in January 2023, from 54.1% recorded in December 2022, latest data from the Ghana Statistical Service has revealed. This is the first time in 19 months...

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February 15, 2023 / Comments (0)

Fuel prices to fall between 7% and 11% from February 16

February 15, 2023 The prices of petrol and diesel are expected to drop significantly between 7.1% and 10.8% at the pumps, from Thursday February 16, 2023. However, that of Liquefied Petroleum Gas (LPG) will...

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February 15, 2023 / Comments (0)

Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

February 15, 2023 International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest report on Ghana, it said “Fitch Ratings downgraded...

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February 15, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 14, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 14, 2023 / Comments (0)