Business News of Monday, 5 December 2022 Source: www.ghanaweb.com Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO haircut on ...
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Why Ghana’s John Cabess is the 1st African millionaire trader to compete with Europeans in 1700s
The ruins of Fort Komenda found in British Komenda in the Central Region. Image: Wikimedia Commons/F A great African merchant, businessman, and state-builder, John Kabes (also spelled John Cabess or John Cabes) established the paramount stool of the prosperous port city of Komenda in the Eguafo Kingdom of the Gold Coast (Ghana). Despite his tight links to the British and ...
Read More »FULL TEXT: Ofori-Atta’s address on Ghana’s Domestic Debt Exchange
Business News of Monday, 5 December 2022 Source: www.ghanaweb.com play videoKen Ofori-Atta, Finance Minister Minister of Finance Ken Ofori-Atta on Sunday, December 4, 2022; announced a number of measures under government’s Domestic Debt Exchange (DDE) programme. He stated in a 4-minute address that the announcement was in line with government’s Debt Sustainability Analysis as contained in the 2023 budget he ...
Read More »Ofori-Atta gives Bibical assurance after Domestic Debt Exchange announcement
General News of Monday, 5 December 2022 Source: www.ghanaweb.com play videoKen Ofori-Atta, Finance Minister Minister of Finance on December 4, 2022; announced measures in government’s Domestic Debt Exchange, DDE, as part of Ghana wider debt sustainability at a time Ghana is seeking support from the International Monetary Fund, IMF. He stated in a four-minute address that the announcement was in ...
Read More »Ken Ofori-Atta announces Ghana’s Domestic Debt Exchange
Business News of Monday, 5 December 2022 Source: www.ghanaweb.com Ken Ofori-Atta, Finance Minister Minister of Finance Ken Ofori-Atta has been announcing measures to be contained in Ghana’s Domestic Debt programme. Speaking at a press briefing today, December 4, 2022; he outlined different measures as relates to among others Treasury Bills, other domestic bonds etc. “Your T-bills are safe. Treasury bills are ...
Read More »Ghana to swap Cedi debt for new bonds in restructuring
General News of Monday, 5 December 2022 Ken Ofori-Atta, Finance Minister Ghana is asking local bondholders to accept losses on interest payments as it restructures its debt to qualify for a loan from the International Monetary Fund. The West African country will replace existing local-currency debt with four new bonds maturing in 2027, 2029, 2032, and 2037, Finance Minister ...
Read More »2022 World Cup: There were lots of negatives surrounding my appointment – Otto Addo
General News of Monday, 5 December 2022 Otto Addo Otto Addo, outgoing Head Coach of the senior national team of Ghana, the Black Stars says there were lots of negatives surrounding his appointment. At a press conference after Ghana’s elimination from the World Cup, Coach Addo announced his decision to step down as Head Coach of the Black Stars. ...
Read More »Parliament to debate 2023 budget tomorrow
Ghana’s parliament Members of Parliament (MPs) will on Tuesday, November 29, 2022, begin debate on the 2023 Budget Statement. Ahead of the debate, Deputy Majority Leader, Alexander Afenyo Markin, has outlined areas of concern saying, “on November 29, 2022, it’s expected that the debate will focus on Finance, Agriculture, Trade and Industry, and Wednesday Communications, Energy, Roads, Works, Housing, Sanitation ...
Read More »Norway Appeal Court dismisses appeal against Ghana
Attorney General and Minister for Justice, Godfred Yeboah Dame By a unanimous decision, the Oslo Court of Appeal, Norway composed of three Justices of Appeal (Pal Morten Andreassen, Irene Sogn and Rolf Ytrehus), has in a judgment dated Tuesday, November 22, 2022, dismissed an appeal filed by Messrs. Jongsbru AS, the sellers of a property identified by the Republic ...
Read More »How GII, CDD, IMANI, MFWA reps swiftly vouched for Bawumia’s incorruptibility but mute on Mahama
Former President, John Dramani Mahama and Vice-President, Dr Mahamudu Bawumia After controversial journalist, Anas Aremeyaw Anas published a teaser on Charles Adu-Boahen’s exposé suggesting Vice President Bawumia took an “appearance fee”, top civil society representatives quickly came to Dr. Bawumia’s defense. From NewsFile Host Samson Lardi Anyenini to representatives from the Ghana Integrity Initiative (GII), The Center for Democratic ...
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