Finance Minister Dr. Amin Adam has announced that following the debt restructuring agreement with Eurobond holders, which included a 37% principal haircut and generated $4.4 billion in savings for the country, the government is preparing to launch the consent solicitation and exchange memorandum on the international capital market.
Finance Minister Dr. Mohammed Amin Adam has announced that government has successfully reached debt restructuring agreements with five Independent Power Producers (IPPs).
The Ministry of Food and Agriculture has announced the maiden minimum producer price of mango per kilogramme at GHS 4.00 for the 2024 main mango season (May to July).
The National Pensions Regulatory Authority (NPRA) has directed the suspension of the sale of the hotels belonging to the Social Security and National Insurance Trust (SSNIT).
Members of the Ghana Plastic Manufacturers Association are threatening to halt production for a week if its request for extensive consultation with the Ministry of Finance on the implementation of the five per cent excise tax is not met.
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.