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Banking, Finance and Investment

Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading

Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading

Rating agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it…
Ghana’s inflation rate rises again; hits 31.7% in July 2022

Ghana’s inflation rate rises again; hits 31.7% in July 2022

Significant increases in prices of transport and food pushed Ghana’s inflation rate to hit 31.7 percent in the month of…
Cedi depreciation: We’re not planning any demonstration- GUTA denies publication

Cedi depreciation: We’re not planning any demonstration- GUTA denies publication

The  President of GUTA, Dr Joseph Obeng The Ghana Union of Traders Association GUTA has denied threatening to embark on…
IEA worried over S&P rating, says downgrade could affect investor confidence

IEA worried over S&P rating, says downgrade could affect investor confidence

The Director of Research at the Institute of Economic Affairs, Dr. John Kwakye, is worried about the effect the latest…
GUTA threatens massive nationwide demo over cedi depreciation

GUTA threatens massive nationwide demo over cedi depreciation

GUTA threatened to embark on a massive Nationwide Demonstration over Economic Management Team inability to control the exchange rate President…
Government frowns on recent S&P ratings downgrade

Government frowns on recent S&P ratings downgrade

The Ministry for Finance has expressed disappointment over the latest downgrade of Ghana’s foreign and local currency from ‘B-/B’ To ‘CCC+/C’ with…
MTN MOMO set to accelerate growth in digital payments through partnerships

MTN MOMO set to accelerate growth in digital payments through partnerships

MobileMoney Limited (MTN MoMo) has officially launched this year’s MoMo Month celebrations in Accra, Kumasi and Mankessim to highlight the…
Our businesses are bleeding to death – GUTA cries

Our businesses are bleeding to death – GUTA cries

The Ghana Union of Traders Association (GUTA) has said their businesses are collapsing in the country. According to the Association, the…
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