Tag: Fitch
Business
Fitch projects Ghana’s exit from sovereign default by July 2025
Fitch Ratings is projected to remove Ghana from sovereign default status by July 2025, as it expects the country to finalize its external debt...
Business
Debt challenges persist despite Restructuring – Fitch reports
A recent report by Fitch has highlighted that Ghana's economy continues to grapple with substantial financing difficulties despite the government's debt restructuring efforts.Consequently, the...
Business
Ghana is still defaulting on its outstanding Eurobonds – Fitch
The rating agency Fitch has maintained Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency (LTLC) IDR at...
Business
Ghana’s economy to grow to 4.3% in 2024 – Fitch Solutions updates projection
Fitch Solutions has revised its projection for Ghana’s real Gross Domestic Product (GDP) growth for 2024, increasing it from the previous estimate of 3.8%...
News
Ghana will complete external debt restructuring by June 2024 – Fitch projects
Fitch, a ratings agency, anticipates that Ghana will finalize its external debt restructuring by June 2024.The UK-based firm's latest assessment of Ghana indicates...
News
Mahama will defeat Bawumia in 2024 election – Fitch Solutions predicts
United Kingdom-based research and data firm, Fitch Solution, is predicting electoral victory for National Democratic Congress (NDC) flagbearer John Mahama in the December 7...
Business
Fitch Solutions projects 8% decline in BoG’s policy rate
Fitch Solutions has projected that the Bank of Ghana (BoG) will initiate a significant monetary easing cycle, resulting in a cumulative reduction of the...
Business
Ghana, Zambia likely to emerge from default on foreign-currency debt in 2024 – Fitch
Ghana and Zambia are to emerge from default on their foreign-currency debt this year, according to the rating agency Fitch.In its Regional Sub-Saharan African...
News
Ghana to record 3.5% GDP growth rate during ‘recovery phase’ in 2024 – Fitch
Fitch Solutions has adjusted Ghana's GDP growth rate projection for 2024 to 3.5%, down from the previous estimate of 3.7%.While this forecast is...
News
Mahama to win 2024 election – Fitch Solution, EIU predicts
According to a report on myjoyonline.com, both the Economist Intelligence Unit (EIU) and Fitch Solutions, two UK-based research firms, have predicted a win for...
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