Government’s decision to re-open a five-year GHC400million domestic bond has bolstered expectations that the cedi will from this week see one of its strongest runs amid rising pressure on the local...
Government has announced plans to issue an estimated 25.3 billion cedis between August and December this year. Of the amount, 23.8 billion cedis is expected to be used to rollover forecast maturities...
Tema Oil Refinery Limited (TOR), Ghana’s only processor of crude into fuels, is seeking to convert bank loans it had contracted from banks into a 10-year bond for its lenders in order to reorganize...
The government says it is not under pressure to refinance the country’s maiden bond issued in 2007 "at any price", hence the decision to pause in pricing a new 2016 Eurobond until market conditions...
Government has delayed plans to issued a $1 billion Eurobond.
The road show was led by the Finance Minister, Seth Terkper, officials from the Ministry of Finance, the Bank of Ghana (BoG) and advisors...
Ghana has had to scrap its 4th Eurobond sale in as many years after investors virtually rejected the bond by demanding astronomic rates amid concerns on the health of the economy.
A statement issued...
Zimbabwe is so desperate for cash it has cut the retirement age for soldiers from 60 years to 50. Only those who fought in the 1970s liberation struggle are allowed to remain in service until 65. In...
The Bank of Ghana (BoG) has issued a 500 million Ghana cedi bond today to help the government raise funds to restructure its debt and maturity settlement. A statement copied to GhanaStar News...
