BoG reports 184% increase in bad debt for banks in 2022 Rhema Feb 21, 2023 Ghana’s banking sector is facing significant challenges in light of the rising levels of non-performing loans…
Ghana Runs To China To Plead For Debt Cancellation Rhema Feb 21, 2023 Ghana’s Finance Minister, Ken Ofori Atta, has disclosed that talks are underway with China over Ghana’s debt…
Ghanaian finance minister says domestic debt exchange… Rhema Feb 8, 2023 Ghana’s Domestic Debt Exchange Program (DDEP), a part of broader debt restructuring strategies, reached a crucial…
8 banks accept amended debt exchange Rhema Jan 31, 2023 3Business can exclusively report that eight foreign commercial banks operating in Ghana have signed onto the…
Bank of Ghana, Finance Ministry commit to zero financing of… Rhema Jan 30, 2023 The Bank of Ghana and the Finance Ministry have reached an agreement to stop financing the national budget, a move…
Zambia open to all restructuring options to get creditors on… Rhema Dec 23, 2022 Zambia is open to discussing all options that will make its plans to restructure its debt more acceptable to…
Ghana commence external debt restructuring discussions with… Rhema Dec 13, 2022 Ghana has commenced external debt restructuring discussions with its external creditors, Finance Chief Ken…
AG Warns Gov’t On Debt Exchange Programme Rhema Dec 7, 2022 The Attorney General and Minister of Justice, Godfred Yeboah Dame has served notice to government of not taking…
Debt exchange to recalibrate interest rate regime – Finance… Rhema Dec 6, 2022 Finance Minister Ken Ofori-Atta has argued that the recently-initiated domestic debt exchange programme (DEP) will…
DDEP the “least painful form of debt restructuring” for… Rhema Dec 6, 2022 The announced Domestic Debt Exchange Programme (DDEP) is the least painful form of a debt restructuring programme…
Gov’t hasn’t paid us since 2018 – Road Contractors Rhema Dec 5, 2022 The Association of Road Contractors is lamenting government’s reluctance in settling debt owed them since 2018.…