Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
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Ghana, Finland sign framework agreement
Ghana and Finland have signed a framework agreement on projects to be funded under Finland’s Public Sector Investment Facility (PIF) Scheme. The agreement was signed on Monday on the margins …
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Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …
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Bank of Ghana to sell $420m to BDCs in the final quarter of 2022
The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …
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Ghana’s consumer inflation reached nearly 34% in August, the highest since 2001, despite a historic rate increase by the central bank.Consumer inflation in the West African country climbed to 33.9% …
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Ghana ranked 4th in Sub-Saharan Africa with highest private savings
Ghana has been ranked fourth in Sub-Saharan Africa (SSA) with the highest private savings, a report by the International Monetary Fund on “Private Savings and COVID-19 in Sub-Saharan Africa’ by …
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Jeremy Awori to succeed Ade Ayeyemi as Ecobank Group CEO
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that a new Chief Executive Officer, Jeremy Awori will succeed Ade Ayeyemi upon his retirement at age …
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Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …
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6,856 companies, individuals owe ¢111.6m in corporate and income taxes in Ghana
The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 …
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The Managing Director of the International Monetary Fund, Kristalina Georgieva, has stated that a US$3 billion deal between Ghana and the IMF should be reached and finalised before the end …