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Ghana’s debt-to-GDP to reach 90.7% by end of 2022 – IMF projection

According to the International Monetary Fund's most recent Fiscal Outlook Report, Ghana is expected to complete the year with a debt-to-GDP ratio of 90.7%. The...

Business

Debt restructuring: 94% of Tier 2 pension contributions may suffer losses

According to reports, a debt restructuring scheme could potentially effect GH3.7 billion of the GH3.9 billion in Tier 2 pension contributions, or 94% of...

Business

New IMF deal will not fix Ghana’s problem – Prof Hanke reiterates

Steve Hanke, a professor of applied economics at Johns Hopkins University, believes that Ghana's economic issues won't be resolved by a new International Monetary...

Business

This should be the last time Ghana goes to the IMF – Mahama

The country should no longer continually turn to the International Monetary Fund whenever it experiences economic difficulties, according to former president John Dramani Mahama. He...

Business

IMF revises Ghana’s growth rate from 5.2% to 3.2% for 2022

The growth rate for Ghana for the fiscal year 2022 has been reduced by the International Monetary Fund (IMF) from 5.2 percent to 3.6...

Business

Covid-19 continues to hold back economic progress; global economy under threat – IMF

The Covid-19 pandemic, according to the International Monetary Fund, is impacting on the global macroeconomic outlook as inflation, monetary and fiscal tightening, and the...

Business

Debt management strategy: 5-member committee to engage financial sector players

A five-member committee has been established by the government to coordinate discussions on managing Ghana's debt with participants in the financial sector. According to a...

Independent Africa

Jacob Rees-Mogg expresses ‘confidence’ in Bank of England governor Andrew Bailey but disputes pension funds ‘at risk’

The question of whether the Bank of England was correct to indicate the end of its market intervention was repeatedly avoided by the business...

Business

Snail pace of IMF negotiation fueling panic among investors – Dr. John Kwakye

Investors are reportedly in a panic due to the speed at which the Government of Ghana and the International Monetary Fund (IMF) are negotiating...

Business

Ghana IMF negotiations: Albert Essien chairs 5-member committee to lead financial sector inputs

A 5-Member Consultative Committee, led by savvy banker Albert Essien, has been established by the government to coordinate stakeholder engagements in the financial industry...

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

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

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