Finance
S&P upgrades Ghana’s credit rating to ‘CCC+’
S&P Global Ratings has upgraded Ghana’s foreign currency credit rating from Selective Default (SD) to CCC+. The upgrade follows major…
BoG’s gold reserves climb to 31.37 tonnes
The Bank of Ghana (BoG) has announced that its total gold reserves hit 31.37 tonnes by the end of April…
BoG pumps $20m into FX market to boost fuel supply and stabilise cedi
The Bank of Ghana (BoG) has released $20 million into the foreign exchange market to support eleven Bulk Oil Distribution…
Ghana’s banking sector under pressure as loan defaults soar – Fitch Solutions
Ghana’s banking industry is facing mounting pressure, with alarming signs of financial stress highlighted in a new report by Fitch…
Treasury misses auction target by GHS1.59bn as yields drop sharply across all tenors
In its latest treasury bill auction, the Government of Ghana fell short of its GHS 6.43 billion target, raising only…
Cautious optimism greets Ghana’s potential return to bond market
Financial analysts are cautiously optimistic about Ghana’s potential return to the domestic bond market, but they stress that the government…
Matilda Asante-Asiedu sworn in as Second Deputy Governor of Bank of Ghana
President John Dramani Mahama has officially sworn in Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana.…
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