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Read More »Ghana: Today’s Newspaper Headlines; Friday, February 24, 2023
Fitch Downgrades Ghana Again To ‘Restricted Default’ After Failing To Pay $40.6m Coupon
Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the grace period to make a coupon payment ($40.6 million) on one of its Eurobonds. Fitch typically does not assign Outlooks to sovereigns with a rating of …
Read More »Ghana To Engage China For Possible Debt Cancellation
The Finance Minister, Ken Ofori Atta, has disclosed that talks are underway with China over Ghana’s debt following a successful domestic debt exchange programme. Mr Ofori-Atta said negotiations with China are important because they hold the majority of the external bonds. ELECTION 2024- PRE-POLL NOTE: …
Read More »Ghana: Today’s Newspaper Headlines: Monday, February 20, 2023
Borussia Dortmund’s Karim Adeyemi’s ‘Fufu Speed’ Triggers Fresh Ghana-Nigeria Food War
Just when one thought these two West African countries had nothing to fight over, ‘Fufu’ entered the chat. Prior to this, the friendly banter was usually over whose Jollof reigned supreme and still takes center stage in many inter-regional conversations. That is why it took many African football fans by …
Read More »Ghana: Today’s Newspaper Headlines: Thursday, February 16, 2023
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Read More »Fitch Downgrades Ghana’s Creditworthiness To ‘Restricted Default’ From ‘C’
International rating agency, Fitch, has further downgraded Ghana’s Long-Term creditworthiness to Restricted Default (RD) from ‘C’. The issue ratings on local-currency bonds issued domestically have also been downgraded to Default (D) from ‘C’. In a statement, Fitch also affirmed Ghana’s Long-Term Foreign Currency (FC) IDR at ‘C’. Fitch typically does …
Read More »Ghana: Today’s Newspaper Headlines; Wednesday, February 15, 2023
Ghana: Today’s Newspaper Headlines; Thursday, February 9, 2023
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Read More »Ghana: Today’s Newspaper Headlines; Wednesday, February 1, 2023
