Fitch to Assign Rating to Ghana’s Long-Term Local-Currency… SpyDa Aug 6, 2024 Fitch Ratings has indicated it will assign a Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to Ghana,…
We have debt relief of $2.8 billion and will not service… Angela Amuzu Jul 23, 2024 Finance Minister, Dr. Mohammed Amin Adam has revealed that following Government’s completion of the debt…
Debt Restructuring: Ghanaians must prepare for difficult… SpyDa Jun 26, 2024 Chief Executive Officer (CEO) of Dalex Finance, Kenneth Kwamina Thompson, has cautioned Ghanaians to prepare for…
Ghana imposes 37% haircut on Eurobond holders in successful… SpyDa Jun 24, 2024 Holders of Ghana’s Eurobond debt have agreed to a 37% haircut on their investments in the country’s debt…
ECG’s debt restructuring efforts at risk due to 1.5%… Rhema Nov 29, 2023 The recent 1.52 percent reduction in electricity tariffs announced by the Public Utilities Regulatory Commission…
Don’t use same debt restructuring tactics against foreign… Rhema Nov 10, 2023 Government is grappling with challenges in its debt restructuring negotiations with external creditors as it seeks…
Zambia reaches deal with bondholders on debt restructuring Rhema Oct 26, 2023 Zambia’s government reached an agreement in principle with a steering committee of holders of $3 billion in…
Copper-tax dive, debt-deal delay pose budget quandary for… Rhema Sep 29, 2023 Zambia’s Finance Minister Situmbeko Musokotwane needs to reassure investors that Africa’s second-largest copper…
Fear of regulatory backlash keeps banks silent on debt… SpyDa Jul 10, 2023 In a recent discussion on NorvanReports’ Twitter Space Conversation, the Dean of the Business School at the…
Ecobank hit by GHS27 million pre-tax losses due to debt… SpyDa Jun 9, 2023 Ghana’s biggest bank, Ecobank Ghana has declared an unprecedented pre-tax loss of GHS27.21 million for 2022, a…
Successful implementation of debt restructuring not… SpyDa May 25, 2023 The International Monetary Fund (IMF) has pointed out that a successful implementation of the Government of Ghana’s…