Prime News Ghana

Today's Ghana Business, Banking and Economic news

Commercial leases and rent liabilities- lessons from the Covid-19 pandemic

INTRODUCTION

With a public notice titled “All goods things must come to an end”, management announced that “Coco Lounge, Urban Grill and Carbon are closing their doors for the last time as of today, 28th March 2021” – bringing fine dining, world-class entertainment experience and established brands to a surprising end.

Gov’t to sell GH¢4.1bn of fresh local debt in Q2

Government has released the much-awaited domestic borrowing calendar for the second quarter of 2021, with about GH¢4.13bn of fresh securities to be issued to meet government’s financing requirements during the period.

MTN Ghana commits US$149milion in total capex

Amid accelerated digitalisation, MTN has committed to spend US$149 million in total capex in the year to meet the demand of digital services and help maintain the quality and availability of service for its data and Mobile Money customers.

Virus’ impact to suppress trade balance — BoG

The central bank is projecting that the lingering effects of the pandemic are likely to have a mixed impact on three of the major commodities – gold, oil and cocoa – that determines the direction of the country’s trade balance.

Uncertainty shrouds domestic debt market

Investors in the domestic debt market are facing uncertainties this quarter, as the market is still awaiting the Treasury’s issuance programme for April to June.