The International Monetary Fund (IMF) has expressed concern about Ghana’s current status as a country at high risk of debt distress – a reference to countries where debt sustainability analyses (DSAs) show a protracted breach of debt and debt service thresholds.
The Bank of Ghana (BoG) has directed all banks to develop and build credit profiles of their customers to help the banks price their loans appropriately.
The GOIL Company Limited, has rewarded over 920 loyal customers as part of the comprehensive package dubbed; “GOIL Efie ne fie Reward scheme,†which is a Christmas bonus for loyal customers to the brand over the year.
The first batch of a team of African-American investors who have expressed interest in the Central Region are currently in the Region to explore investment opportunities as part of the “Year of Returnâ€.
Ghana and China have signed a grant agreement for US$42.62 million for the implementation of economic and technical projects to be agreed on by the two sides for their mutual benefit.
CalBank announces the closure of a USD108million term facility with the Overseas Private Investment Corporation (OPIC) and Citibank (Citi)for on-lending to Small and Medium Enterprises (SMEs) in Ghana.
Record commodity prices and low global interest rates have encouraged African countries to borrow like they did in the 1990s, but now some are struggling to pay up as their revenue slows along with economic growth.