Kenya is looking to receive up to Sh100 billion in syndicated loans by end of March as it moves to patch up the current financial year’s budget deficit ahead of the General Election, Treasury PS...
Energy think tank Africa Centre for Energy Policy (ACEP) has questioned the payment of the Tema Oil Refinery (TOR) debt recovery levy, especially when revenue generated since its inception was enough...
Minister-designate for Finance, Kenneth Nana Yaw Ofori-Atta, says he has settled the controversial GHC2 million debt owed Prudential Bank Limited by the New Patriotic Party. The bank in 2015 wrote to...
Oil Marketing Companies (OMCs) have expressed confidence in the new administration to complete the payments of the BDC debt. According to them, adequate structures have been put in place, for the...
Oil Marketing Companies (OMCs) have expressed confidence in the new administration to complete the payments of the BDC debt. According to them, adequate structures have been put in place, for the...
Documents sighted by ultimatefmonline.com, have revealed that the Director General of the Social Security and National Insurance Trust (SSNIT) Mr. Ernest Thompson who is due for pension this year,...
Workers of Telecommunication Company, Expresso, have expressed frustration about the non-payment of salaries by management. According to the workers, they have not been paid for more than two years,...
SIC Insurance, Ghana’s largest general insurer, has provided insights into a deal it entered into with Ivory Finance for the construction of affordable houses in the country about three years ago....
Government is set to release GH¢166 million to banks as it takes steps to quickly clear all the energy sector debts owed banks. This will represent the third tranche payment to banks, bringing the...
The Managing Director of HFC bank, Robert Le Hunte is optimistic the incoming Nana Akufo-Addo government will continue with the plans laid down by the Ministry of Finance in paying the legacy debt....
The Ghana Association of Restructuring and Insolvency Advisors (GARIA) says it will continue its advocacy to have a new insolvency bill passed into law when the seventh Parliament is inaugurated in...
The Ghana Association of Restructuring and Insolvency Advisors, GARIA, is hopeful that the seventh Parliament to be inaugurated in January 2017, will facilitate the passage of the insolvency law to...
The Ghana Association of Restructuring and Insolvency Advisors, GARIA, is hopeful that the seventh Parliament to be inaugurated in January 2017, will facilitate the passage of the insolvency law to...
The Bankers’ Association of Ghana has renewed calls for government to resume payment of the debt owed by the Bulk Oil Distribution Companies (BDCs). According to the association, a further delay in...
The Bankers’ Association of Ghana has renewed calls for government to resume payment of the debt owed by the Bulk Oil Distribution Companies (BDCs). According to the association, a further delay in...
As the Nana Akufo-Addo administration prepares to govern the nation, one major challenge it will face is the management of Ghana’s growing debt stock. By September this year, Ghana’s total debt...
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including already issued longer-term bonds that matured this year, have hit...
Data from the Bank of Ghana (BoG) indicates that Ghana’s public debt went up by GHC6.2billion between July and September, 2016. According to the summary of economic and financial data released by...
Workers of the Volta River Authority (VRA) and the Electricity Company of Ghana (ECG) earn substantial incomes and other conditions of service but are inefficient, resulting in the Authority being...
The Industrial and Commercial Workers Union (ICU) has raised concerns over the need for the government to immediately take steps to prevent the country from its worsening debt situation. Figures from...
