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January 11, 2018 8:46 AM Govt to raise 11 billion cedis in Q1 of 2018

Government is seeking to raise GHȼ11,133.91 million in the first quarter of 2018 through debt securities. Of the amount GH¢8,961.30 million will be used to rollover maturities. The remaining GH¢2,164.61 million will be used to meet Government’s financing requirements for the period. A statement issued by the Debt Management Office of the Ministry of Finance 36

October 27, 2017 8:55 PM UPDATE 1-Ghana's ESLA to pay 19.0 pct yield on 7-yr tranche of energy bond

ACCRA, Oct 27 (Reuters) - Ghana’s ESLA will pay a yield of 19.0 percent on an oversubscribed 2.4 billion cedi ($548 mln) seven-year tranche of a government-backed energy bond issued on Friday to repay debts owed by power utilities, arrangers said. ESLA, which was set up by the government to raise bonds to clear the debts, has extended the final pricing 8

October 23, 2017 11:27 PM Ghana Scores Low Marks In Local Investor Participation In New Barclay’s Index

Ghana’s financial market has low local participation compared to its peers in some African countries, the maiden Africa Financial Markets Index launched in Washington D.C has revealed. The finding was after a research by independent think tank OMFIF and Barclays Africa Group. The index tracked performances of financial markets in 17 African countries 18

September 28, 2017 12:18 AM Resolve disunity in Agona West NPP — Youth Organiser

A youth organiser of the ruling New Patriotic Party (NPP) in the Agona West Constituency, Mr Daniel Kojo Kratiah, has called on the national leadership of the party to take keen interest in resolving the impasse between the Member of Parliament (MP) for the area, Mrs Cynthia Morrison, and the constituency executive. According to him, the disunity among 8

September 19, 2017 11:02 AM We Will Resist Attempts By Akufo-Addo To Change Ghana’s History – Asiedu Nketia

The opposition National Democratic Congress (NDC) has said it will use every available means to repel moves by President Akufo-Addo to alter the historical records of the country. According to General Secretary of the NDC, Johnson Asiedu Nketia, it is an established fact that Dr. Kwame Nkrumah fought for the Independence of Ghana and not the President’s 25

September 6, 2017 4:31 PM Will The Finance Minister Be Able To Face The Lord On Judgement Day? Asks Sam George

The Finance minister has come under fire from NDC MPs who are crying foul over the award of a 10million cedi contract without approval from the Public Procurement Authority. Picking up the theme of cronyism echoed Tuesday afternoon by the Minority, Ningo-Prampram MP Sam George told Joy News later in the evening, the breaches of the law are clear 5

September 6, 2017 9:23 AM Did Jerry Rawlings really cry that day?

The idea of charging some fee, so that vehicles which break down on our roads and highways would be removed immediately they happen, can no longer be postponed — it is, as the saying goes, an idea whose time has come. You do not usually find the NDC and the NPP agreeing to anything. But in this rare case, both parties have worked on the issue at different 18

September 5, 2017 7:09 PM MP doubts Finance Minister can survive judgment day over ¢10m "illegal" contract

The Finance minister has come under fire from NDC MPs who are crying foul over the award of a 10million cedi contract without approval from the Public Procurement Authority. Picking up the theme of cronyism echoed Tuesday afternoon by the Minority, Ningo-Prampram MP Sam George told Joy News later in the evening, the breaches of the law are clear 4

September 5, 2017 9:02 AM A/R: Two arrested with fake currency

Police in the Ashanti Region are holding two youngmen in custody for producing fake currency. The two; Dauda Issah, 31 and Osman Issah, 30 were arrested on Thursday 31st August 2017 at Adum in Kumasi. The Police have also retrieved a machine suspected to be used in the production of the fake notes. A sum of Ghc14,000 fake currency all in ten cedi denomination 1

August 30, 2017 4:28 PM New IMF cash to stabilize cedi August 30, 2017

Ghana’s ability to attract another tranche of disbursement by next month under the IMF deal, should strengthen the local currency and restore investor confidence in the economy. That is the assertion of some Economists who have been speaking on the Fund’s progress with the government of Ghana. The comment also comes ahead of the government’s meeting 30