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S&P downgrades Ghana to selective default from CCC+

S&P Global has downgraded Ghana’s long-term local currency bonds to “selective default”. Per the statement from the American credit rating agency, Ghana’s foreign currency debt...

2023 budget has not been approved; three more stages left – Ablakwa

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has clarified that the 2023 budget statement and economic policy has not been approved by...

EXPLAINER: Debt restructuring and the ‘haircut’ policy

The International Monetary Fund's review of debt sustainability revealed that Ghana's obligations are categorically unsustainable. As a result, the government has proposed a debt exchange...

‘A debt crisis looms on the horizon in Ghana’ – Prof. Steve Hanke warns

The current economic condition in Ghana will lead to a debt crisis, according to Steve Hanke, a professor of Applied Economics at Johns Hopkins...

Ghana to ‘trade’ nurses for cash with UK, State to earn £1,000 per nurse

Ghana and the British government are poised to sign a nurse-for-cash contract. Health Minister Kweku Agyeman-Manu stated on the floor of parliament on Monday, 5...

Burkina: Six civilians killed in attack near Ghana and Togo

Four teachers were among the six civilians murdered in a suspected jihadist attack on Sunday in Bittou, a town in Burkina Faso close to...

How Ghana’s economic crisis is shaping its democracy

Ghana is experiencing economic turbulence on a level not seen since the 1980s. Its currency, the cedi, is the worst performing in the world and Ghana’s...

Ghana, Nigeria, others to unlock $26 billion on lower trade finance cost

According to a new research from the International Credit Corporation (IFC) and the World Trade Organization, Nigeria, Cote d'Ivoire, Ghana, and Senegal may make...

The poor Ghanaian village ‘boy’ who defied the odds to become CEO, owner of 114 houses

His name is Thomas Ayisah, married, a top personality at one of Ghana’s oil companies, the owner of a hundred and fourteen houses, all...

I’m proud of Ghana – Ama K. Abebrese celebrates Black Stars despite loss

Both Ghana and Uruguay have crashed out of the 2022 World Cup. Andre Ayew missed a penalty in the 21st minute before Giorgian de Arrascaeta...

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