Business News

Business News Lifestyle News

Pension Shock Syndrome

Growing up, I noticed something very interesting: A lot of the men in my town who were in the formal economy and could rely on monthly income, died shortly after coming to retirement, normally between three and five years. Many of them, would have just semi-completed their building projects (not […]

Business News

S&P downgrades Ghana to CCC+/C, outlook negative

S&P Global Ratings on Friday pushed Ghana’s debt further into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B. S&P said its outlook for the country is negative, “reflecting Ghana’s limited commercial financing options, and constrained external and fiscal buffers.” The Covid-19 pandemic and the […]

Business News

IMF Staff Concludes Visit to Ghana 

IMF Staff Concludes Visit to GhanaJuly 13, 2022 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive […]