Former president John Dramani Mahama has called on government to privatise the operations of the Electricity Company of Ghana. The operations and financial standings of the company have come under scrutiny over the years with calls for the company to be sold to a strategic partner to make it more […]
Business News
Debt exchange: Government’s promise of ‘no haircut’ a mockery – Togbe Afede
source: Myjoyonline.com The Agbogbomefia Paramount Chief of Asogli State has described the government’s promise of “no haircuts” in the ongoing debt exchange programme as a mockery. Togbe Afede XIV said the opposite is currently happening. According to him, a reduction in a promised coupon simply means a “haircut.” In a […]
Togbe Afede XIV: Our self-inflicted monumental economic crisis.
Source:Myjoyonline.com About six weeks ago I was in New York, and for the first time in almost three decades, I struggled to sell the economic credentials of my country. When we were approaching the runway at Kotoka International Airport, at the end of my return journey, I looked outside from […]
Restructuring Ghana’s Debt: Pay your taxes, reduce the size of government – OccupyGhana to Akufo-Addo
Source: Myjoyonline Pressure group, OccupyGhana, has outlined some ten measures which can potentially put the country’s economy on track should they be implemented by the government. According to the group, the government cannot continue to blame the Covid-19 pandemic and the Russia-Ukraine war for its current situation since the country’s “debt […]
Debt Exchange: 8 banks highly exposed to government bonds, maybe hit hardest – Report
Source:myjoyonline.com About eight banks [names withheld] are highly exposed to the Government of Ghana securities, particularly bonds and could therefore be impacted significantly by the Debt Exchange Programme. According to the November 2022 Ghana Fixed Income Market report, the banks (four foreign and four local) together controlled about 83.91% of […]







