Tag: Fitch ratings
Business
Moody’s downgrades Ghana’s credit rating from Caa2 to Ca
Ghana has been downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the...
Business
Private businesses need to tighten belt – Analyst
Roberta Annan, CEO of Annan Capital Partners, says private businesses will have to prepare for more turbulence and tighten their belts as a result...
Business
IMF programme alone will not be enough to solve Ghana’s current challenges – Economist
Prof. Godfred Bokpin, an economist at the University of Ghana, has stated that the IMF program by itself will not be sufficient to address...
Business
FULL TEXT: Why Fitch downgraded Ghana’s economy to ‘CC’ junk status
Fitch Ratings has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to 'CC', from 'CCC'. Fitch typically does not assign Outlooks to...
Business
Fitch deepens Ghana junk rating on debt-restructuring concerns
Fitch Ratings cut Ghana’s credit assessment further into junk on concerns the West African country may restructure debt as interest costs surge.The ratings agency...
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