The demutualisation of the Ghana Stock Exchange (GSE) to make it a Public Limited Company (PLC) is progressing steadily, chairperson of the GSE Council, Mrs Abena Osei-Poku, has said. Among …
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GHANA BUSINESS NEWS
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Fitch Solutions forecasts 43% depreciation of cedi to dollar in 2022
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
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Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading
Fitch, a global rating agency, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it said, reflected the deterioration of Ghana’s public finances, …