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8 banks engaged in government business may be hard hit by debt exchange program – Report

According to reports, the country's debt exchange programme may be especially harmful to eight banks. Some of the investments made by the banks whose names...

Business

Who is likely to be affected by Ghana’s debt exchange program?

On December 5, 2022, the finance minister unveiled a debt exchange programme. Domestic bondholders are encouraged to exchange their bonds for new ones with later...

Business

Debt Exchange: Ghana’s ‘take it or leave it’ model highly unusual – Bright Simons

Bright Simons, the vice president of IMANI Africa, called Ghana's approach to the debt exchange programme "very uncommon." He claims that in order to reach...

News

Peace Council to intervene in Organised Labour, governmnet stalemate over 2023 base pay

GBC News has learnt that the National Peace Council is taking steps towards resolving the various disagreements between the government and organized labour amicably...

Business

Reducing debt-to-GDP ratio to sustainable levels must be paramount – Deloitte to government

Deloitte Ghana, an auditing and accounting firm, has urged the government to concentrate on stabilizing the ratio of the nation's total debt to gross...

Business

Government poised on structural reforms – Deputy finance minister

The Akufo-Addo-led administration is prepared to start structural reforms with the 2023 budget, according to Madam Abena Osei-Asare, Deputy Finance Minister of Ghana and...

Business

These organizations have protested the operation of government debt

In response to the government's domestic debt exchange program, which is expected to affect institutional bondholders, a number of professional institutions have spoken out...

Business

Government must adopt other options for debt-related operations – Banking Consultant

Dr. Richmond Atuahene, an economist and banking consultant, has issued a warning that the government's choice to forgo additional debt-related procedures will put the...

Business

2023 Budget anchored on four key programmes to achieve debt sustainability

The 2023 Budget Statement and Economic Policy, according to Dr. John Ampontuah Kumah, Deputy Finance Minister, are based on four crucial initiatives to ensure...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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Kanye West’s Heil Hitler song bans him from entering Australia