Ghana ex-trade minister quits ruling party to run for president
ACCRA (Reuters) – Ghana’s former trade minister said on Monday he would resign from the ruling party and run as an independent candidate during the …
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Ghana to hold rates at 30.00% on Sept.25 as inflation falls – Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – The Bank of Ghana is expected to complete its hiking cycle later on Monday as its economy shows signs …
Ghana inflation edges up to 42.5% in annual terms in June
ACCRA (Reuters) – Ghana’s consumer inflation edged up again to 42.5% in annual terms in June from 42.2% in May, driven partly by higher food …
Ghana receives first $600 million tranche of $3 billion IMF loan -Ghana’s finance minister
JOHANNESBURG (Reuters) – Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility …
IMF: Ghana intends to agree debt rework MoU with official creditors before November
JOHANNESBURG (Reuters) – Ghanaian authorities aim to agree a memorandum of understanding with official creditors before the first IMF programme review, which they expect to …
Ghana to ensure payments of coupons, principals of old bonds resume on March 13
ACCRA (Reuters) – Ghana’s finance ministry said on Monday it was taking steps to ensure payments of coupons and principals of old bonds resume on …
Morgan Stanley lifts Ghana Eurobond ‘recovery’ value to $46 from $41
JOHANNESBURG (Reuters) -Investment bank Morgan Stanley has lifted the average “recovery value” for Ghana’s defaulted dollar-denominated government bonds to $46 from a previous forecast of …
Ghana talks with external bondholders due in a few weeks
By Christian Akorlie ACCRA (Reuters) – Substantive discussions with Ghana’s external bondholders are due to start in the next few weeks, the country’s Finance Minister …
China must join Ghana debt restructuring effort soon, Germany’s Lindner says
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Germany’s finance minister singled out China during a visit to Ghana on Friday, as he called …
Ghana extends domestic debt exchange deadline for third time
ACCRA (Reuters) – Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan. 31, Finance Minister Ken Ofori-Atta …
Ghana says debt exchange talks with local pension funds continuing
ACCRA (Reuters) – Ghana’s finance ministry on Wednesday said negotiations on the terms of a domestic debt exchange agreement with local pension funds were continuing …
Ghana again extends domestic debt exchange registration deadline
By Cooper Inveen ACCRA (Reuters) – Ghana has further extended the deadline to register for its domestic debt exchange to Jan. 16 in order to …
Ghana extends domestic debt exchange registration deadline
By Cooper Inveen ACCRA (Reuters) -Ghana has extended the registration deadline for a domestic debt exchange programme to Dec. 30, as it considers making some …
Ghana sets relief measures for banks participating in local debt exchange
By Cooper Inveen ACCRA (Reuters) – Ghana’s central bank has laid out relief measures for banks that participate in the government’s domestic debt exchange in …
Ghana hoping for IMF agreement by next week: finance ministry official
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – Ghana’s economic recovery efforts could be delayed and complicated if a visiting team from the International …
Ghana to swap domestic debt in fight to regain economic stability
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing …
Ghana bondholders dismayed by debt confusion
By Rachel Savage and Marc Jones JOHANNESBURG/LONDON (Reuters) – Some of Ghana’s international creditors voiced dismay on Friday after 24 hours of conflicting signals from …
Ghana plans to buy oil with gold instead of U.S. dollars
ACCRA (Reuters) -Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said …
Ghana at high risk of debt distress, finance minister says
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will freeze the hiring of public and civil servants and extend a moratorium on government …
Ghana picks Lazard, GSA, Hogan Lovells as advisers for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a …
Ghana president sacks junior finance minister over alleged impropriety
ACCRA (Reuters) -Ghana’s President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday after allegations of …
Ghana creditors close to formalizing a group for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing a creditor group, two sources …
Ghana negotiations with IMF to be fast-tracked : finance minister
By Cooper Inveen ACCRA (Reuters) – Ghana’s negotiations with the International Monetary Fund over a rescue package will be fast-tracked, the country’s Finance Minister Ken …
Ghana, IMF in talks over rescue package
ACCRA (Reuters) – Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in …
IMF team heads to Ghana on Monday to discuss loan programme request
(Reuters) – The International Monetary Fund confirmed on Sunday that a staff team will visit Ghana this week to continue discussions with the authorities on …
WHO confirms two more Marburg virus cases in Ghana, says official
(Reuters) -The World Health Organization has confirmed two more cases of Marburg virus in Ghana, a senior WHO official said on Wednesday, two weeks after …
Ghana inflation scales new peak at 29.8% in June
By Cooper Inveen and Christian Akorlie ACCRA – Consumer inflation in Ghana accelerated to 29.8% annually in June from 27.6% in May, official data showed …
Former Ohio resident extradited from Ghana pleads guilty to laundering proceeds of online romance scams
Columbus, Ohio – Samuel Antwi, a citizen of Ghana and former Columbus resident, pleaded guilty in U.S. District Court to crimes resulting from his involvement …