Ghana
Ghana: S&P downgrades Ghana to further default status after Eurobond payment suspension
S&P Global Ratings has cut Ghana to default following the country’s announcement of a suspension of debt payments. According to a Bloomberg report, ...
Ghana
Ghana: Banks’ capital adequacy ratio falls due to investment losses – BoG
The Capital Adequacy Ratio (CAR) of banks fell to 14.2% in October 2022 due to investment losses by some banks as a result ...
Ghana
Ghana suspends debt service payments of its Eurobonds
Ghana has announced a suspension of debt service payments for its Eurobond loans, commercial loans, and its bilateral debts. The Ghanian ministry of ...
Ghana
Ghana: BoG to develop framework to regulate crypto currency – Dr. Addison
The Bank of Ghana (BoG) is to develop a comprehensive framework to regulate the digital asset industry, Governor, Dr Ernest Addison, has said. The move, he ...
Ghana
Ghana: GRA retrieves over US$93 million revenue via informants’ scheme
The Ghana Revenue Authority has recovered in excess of US$ 93 million and an additional GH¢421million from multinational and local companies operating in ...
Ghana
Ghana: Cross-border payments company suspends cedi transfers
Ghana’s local currency – Cedi – has been suspended by cross-border payments company, Wise (WISEa.L), after its appreciation against major trading currencies, especially ...
Ghana
Ghana: 8 banks engaged in government business may be hard hit by debt exchange program – Report
Reports have noted that some eight banks may be hardest hit by the country’s debt exchange programme. The banks whose names have been ...
Ghana
Ghana: GRA Urges Businesses to Support Implementation of E-VAT Invoicing
The Ghana Revenue Authority (GRA) has appealed to large taxpayers in the Greater Accra Region to support efforts towards the implementation of the ...
Ghana
Ghana: Do not take loans from these 19 institutions – BoG cautions
The Central Bank has cautioned Ghanaians against taking loans from some 19 unlicensed institutions. In a statement on August 22, 2022, it said, ...
Ghana
Ghana: IMF programme to improve Ghana’s fiscal position, re-instill investor confidence – Deloitte Ghana
Government’s decision to engage the International Monetary Fund (IMF) has been described as one that would improve the country’s fiscal position and re-instill confidence among ...
