The Bank of Ghana (BoG) has firmly rejected assertions that the country has lost $8billion over the past two years due to Financial Technology companies (FinTechs) and Money Transfer Operators (MTOs) withholding funds.
This week, we got another early look at the design of this year’s upcoming iPhones that showed off a revamped camera layout, two Pro exclusives headed for vanilla models, and other changes expected of the iPhone 16.
Under Ghana’s new debt deal with Eurobond holders following the country’s successful completion of its debt restructuring programme, bondholders will forego $4.7 billion of their investment claims while providing cash flow relief of about $4.4 billion during the country’s MF loan programme.
The Bank of Ghana (BoG) has granted permission for banks that have made significant progress in their recapitalization efforts to distribute interim dividends to shareholders.
Building on the momentum of its successful commercial paper market launch, the Ghana Stock Exchange (GSE) has launched its first regulated platform for trading public securities not listed on the stock exchange – a formal, automated Over-the-Counter (OTC) trading platform.
Ghana has successfully concluded its debt restructuring program with official creditors and Eurobond holders, Finance Minister Dr. Mohammed Amin Adam has announced.
The Youth Employment Agency (YEA) has rolled out its Business and Employment Assistance Programme (BEAP) with 1,452 businesses, aimed at bolstering Ghana’s economic recovery post-COVID-19.
Citi predicts that oil prices will plummet to the $60s range by 2025 as inventories build following a tight market this summer, signaling a bearish outlook despite current robust demand and higher prices.
The Minister of Trade and Industry, Kobina Tahir Hammond, has urged Chinese investors to collaborate with Ghana to increase their investments across Africa.
Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters on Thursday, on the heels of a deal finalised with official creditors earlier this month.
A four-member delegation from the Moroccan Ministry of Energy Transition and the Customs and Indirect Administration is in the country to understudy the National Petroleum Authority’s petroleum distribution system relative to tax administration.
