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 next presidential election in December …
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By Vuyani Ndaba JOHANNESBURG (Reuters) – The Bank of Ghana is expected to complete its hiking cycle later on Monday as its economy shows signs of falling inflation after 1,650 …
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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 inflation, data from the statistics …
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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 has been received. The funds …
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JOHANNESBURG (Reuters) – Ghanaian authorities aim to agree a memorandum of understanding with official creditors before the first IMF programme review, which they expect to bring to the Fund’s board …
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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 March 13 following the conclusion …
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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 $41 following the country’s deal …
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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 Ken Ofori-Atta told parliament on …
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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 on countries that have lent …
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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 said on Monday. The crisis-hit …
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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 and that they would be …
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By Cooper Inveen ACCRA (Reuters) – Ghana has further extended the deadline to register for its domestic debt exchange to Jan. 16 in order to “secure internal approvals” from the …
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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 adjustments while it seeks approval …
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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 a bid to allay their …
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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 Monetary Fund (IMF) leaves without …
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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 confidence that the move would …
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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 the country’s authorities left a …
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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 on Facebook on Thursday. The …
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By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will freeze the hiring of public and civil servants and extend a moratorium on government car purchases and non-essential travel …
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By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a rework of its overseas and …
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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 impropriety were circulated by a …
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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 with direct knowledge of the …
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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 Ofori-Atta said on Wednesday. Ghana …
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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 a bid to reduce economic …
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(Reuters) – The International Monetary Fund confirmed on Sunday that a staff team will visit Ghana this week to continue discussions with the authorities on policies and reforms that could …