Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana's debt restructuring takes another step forward

Ghana's long-running debt restructuring inched another step closer to the finish line on Friday after the country's bilateral creditors - the likes of France and China - sent over a draft 'memorandum of understanding' for their $5.4 billion part of the deal.

The 6 agreements GRA entered with SML without PPA approval

A report by international audit firm KPMG has revealed that the Ghana Revenue Authority (GRA) entered into six contracts with the Strategic Mobilisation Ghana Limited (SML) without the approval of the Public Procurement Authority (PPA).

Ghana's crude oil production in decline

Ghana's crude oil production saw a decrease of 6.78% in 2023, contributing to an average annual decline of 9.2% over the past four years, according to the Public Interest Accountability Committee's (PIAC) 2023 Annual Report on the Management and Use of Petroleum Revenue.