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Government will pay bondholders a 2% cash charge as part of a debt exchange

According to the Finance Ministry, bondholders would be compensated in cash at a rate of 2%. The Ministry claims that this is done to make...

Majority caucus will meet to determine fate of Ofori-Atta after recess – Kyei-Mensah-Bonsu

The majority leader and Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has said that his caucus will be holding a final meeting to determine the...

Ghana’s inflation will reach its high in March 2023 – Economist

Ghana may have a peak in inflation in March 2023, according to a forecast made by Courage Boti, an economist and research lead at...

Individual bondholders keep refusing DDEP

Individual bondholders continue to oppose being included in the government's proposed Domestic Debt Exchange Programme (DDEP), claiming, among other things, that it is punitive...

Under Mahama, Ghana’s IMF engagement was “one of the most transparent in the world.” – Oxfam

One of the world's most transparent processes in 2015 was Ghana's interaction with the International Monetary Fund (IMF), according to Oxfam, a coalition of...

The economy is being managed by competent individuals – Ofori-Atta

Ken Ofori-Atta, the minister of finance, stated in December 2021 that the government had qualified personnel to handle economic matters. He claimed that the difficulties...

As the value of the pound drops to record lows, the wealth of Egyptian millionaires is in jeopardy

The recent depreciation of the Egyptian pound has alarmed analysts and investors greatly, and its effects are anticipated to be felt not only by...

Minerals Commission officially begin its fifth edition of procurement list

The Minerals Commission has started implementing the new procurement list's fifth edition, which now includes 50 items for the provision of goods and services. This...

Bondholders to receive 2% cash fee in domestic debt exchange – Finance Ministry

Participating holders of the 2023 bonds will receive a 2% cash fee, the Finance Ministry has said. This is to compensate for the maturity extension. It...

For 2023, the maximum insurable income has raised to GH42,000 – SSNIT

As of January 1, 2023, the Social Security and National Insurance Trust (SSNIT) increased the maximum insurable earning from GHS 35,000 to GHS 42,000. The...

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