Accra — Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’ from ‘restricted default’, after…
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Johannesburg — Debt restructuring programmes in Ghana and Zambia are going in “diverging directions” due to Zambia’s larger exposure to…
New Delhi/London — Russia’s Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off…
Bengaluru — Ratings agency Fitch on Tuesday downgraded Ghana’s long-term foreign-currency issuer default rating to ‘restricted default’, after the country…
Accra — The Ghanaian finance ministry said its domestic debt exchange programme (DDEP) had closed on Tuesday with more than…
Johannesburg — South Africa-listed gold miner Gold Fields (GFIJ.J) on Thursday said it is disputing tax payments demanded by the…
Accra — Ghana’s balance of payments further deteriorated to a deficit of $3.64 billion in December from a $3.4 billion…
Washington — International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the…
Accra — Ghana is paying holders of its 2023 bond a 2% cash fee in exchange for participation in an…
Accra — Ghana’s central bank has laid out relief measures for banks that participate in the government’s domestic debt exchange…