General News of Monday, 19 December 2022 play videoFinance Minister, Ken Ofori-Atta The Ministry of Finance is holding a press conference to provide an update on the Ghanaian economy. This comes after Ghana and the International Monetary Fund on December 13 reached a staff-level agreement for an amount of US$3 billion under an Extended Credit Facility covering a three-year period. Although the ...

Business News of Friday, 16 December 2022 Dollar bills An economist at the University of Ghana, Professor William Baah-Boateng, has asked the Bank of Ghana to ensure that persons who do not need dollars for business or payment of fees are not given access to buy them. According to him, such persons also account for the depreciation of the cedi. ...

General News of Tuesday, 13 December 2022 play videoThe joint press conference is taking place at the Ministry of Finance in Accra The Ministry of Finance is holding a joint press conference with the Bank of Ghana and the International Monetary Fund. GhanaWeb Business sources say the briefing will announce a concrete outcome from months of negotiations as government seeks ...

  The new GH¢1 coin will be in circulation from December 12, 2022 The Bank of Ghana (BoG) has upgraded the GH¢1 coin with some enhanced security features. According to a statement issued by the Central Bank on December 6, 2022, the coins are expected to be in circulation from Monday, December 12, 2022. It further explained that the coin is similar ...

John Kumah, Deputy Minister of Finance and MP for Ejisu Deputy Minister of Finance, John Kumah, has underscored the enormity of the economic challenge that government is currently faced with and has thus urged institutional bondholders to sign on to the current domestic debt exchange proposed by government. Kumah told Joy FM on Tuesday, December 6; that the consequences for ...

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 ...

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 ...

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 ...

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 ...

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 ...