After showing some strength against the American dollar all of last week, the Ghana cedi started this week, Monday, November 7 with a terrible poor showing.
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- Finance Minister Ofori-Atta speaks amid efforts to sack him: “Your best bet is still Ghana”
- Inflation climbs to 50.3% in November even as GH economy wakes from slumber
- 2023 budget will drive away investors – IMANI Africa’s Franklin Cudjoe fears for Ghana
- Bailout discussion have been “very fruitful” – IMF confident about deal with Ghana soon
- Economic Crisis: Finance Minister Ken Ofori-Atta banks hope on miracle to revive Ghanaian economy
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More and more labour unions kick against any ‘haircut’ on pension funds of workers
More and more labour unions are kicking against any proposed ‘haircut’ on workers' pension funds. The latest is NAGRAT, who have vowed to resist such a move.
Health Services Workers caution government against plans to touch their pensions
The Health Services Workers of Ghana have warned the Akufo-Addo-led government to stay off their pensions as part of the ongoing debt restructuring scheme.
Minority in parliament insists it will not accept Domestic Debt Exchange programme
NDC MPs led by their leader Haruna Iddrisu has vowed to reject the proposed Domestic Debt Exchange programme that finance minister, Ken Ofori-Atta, announced.
Mixed feelings as government launches its Domestic Debt Exchange programme
Ghana's domestic debt exchange programme, launched by the minister of finance Ken Ofori-Atta, has received mixed reactions from politicians and experts alike.
Domestic debt exchange: Government assures there will be no haircut on treasury bills and principal bonds
Ken Ofori-Atta has assured that there will be no haircuts on treasury bills and principal bonds as the country begins the domestic debt exchange programme.
Ofori-Atta asks investors to accept losses on interest payments in Domestic Debt Exchange scheme
The finance minister, Ken Ofori-Atta, has announced to local bondholders that there would be losses on interest payments under Domestic Debt Exchange proposals
Fuel prices see significant reduction at pumps from Dec1; petrol now GH¢15.41
There would be major reductions in the price of petroleum products for the next two weeks from December 1, 2022 according to the Chamber of Petroleum Consumers.
Moody’s downgrades Ghana’s credit rating to further junk status
Ghana's credit ratings has been downgraded to further junk status by ratings agency Moody's from Caa2 to Ca. Moody's cites Ghana's high debt burden as a factor.
Dubai’s Emirates National Oil Company denies it has reached a deal with Ghana for gold-for-oil barter trade
The Dubai-based Emirates National Oil Company Limited has denied claims it is in talks with the Ghanaian government about a gold-for-oil barter trade deal.
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