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Banking, Finance and Investment

Debt cancellation: Government postpones visit to China

Debt cancellation: Government postpones visit to China

The government has postponed its high-level delegation visit to China this week over talks for a possible debt cancellation, Finance Minister Ken Ofori-Atta has said. The…
Acute water shortage hits new Kejetia Market

Acute water shortage hits new Kejetia Market

Acute water shortage has hit the new Kejetia Market in the Kumasi Metropolis of the Ashanti Region disrupting trading activities.…
Telecel receives final approval to takeover Vodafone Ghana

Telecel receives final approval to takeover Vodafone Ghana

The National Communications Authority (NCA) has given final approval for the transfer of the 70% majority shares in Vodafone Ghana held by Vodafone…
DDEP: Govt announces final principal amounts of new bonds

DDEP: Govt announces final principal amounts of new bonds

The government has announced the final principal amounts of new bonds in the settlement of the domestic debt exchange programme…
Gold4Oil: Ghana takes delivery of another 40k tonnes

Gold4Oil: Ghana takes delivery of another 40k tonnes

Ghana has taken delivery of the second consignment of fuel under the gold-for-oil policy. The 40,000 metric tonnes of oil…
DDEP: Leave our pensioners alone – Bagbin tells Finance Minister

DDEP: Leave our pensioners alone – Bagbin tells Finance Minister

The Speaker of Parliament has asked the Finance Minister, Ken Ofori-Atta, not to touch monies belonging to pensioners.  Alban Bagbin…
DDEP: Pension bondholders deny receiving exemption letter from Ofori-Atta

DDEP: Pension bondholders deny receiving exemption letter from Ofori-Atta

Finance Minister, Ken Ofori-Atta says his outfit has written to the Pensioners Bondholders Forum about their exemption from the Domestic…
All pensioners who didn’t participate in DDEP exempted – Ofori-Atta

All pensioners who didn’t participate in DDEP exempted – Ofori-Atta

The Finance Minister, Ken Ofori-Atta, has confirmed that all pensioners who failed to tender their old bonds for new ones…
Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest report on Ghana, it…
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