debt

Top Stories

Sifting Through the NPP Debt Debate

Doe, James W. Central government borrowing results in National debt as we all know. But all the debt debate in Ghana...

Business

Economy In Distress – GN Research

Groupe Nduom (GN) Research has added its voice to expert views on the Ghanaian economy, describing it as one in...

Business

TOR Levy To Last 10 More Years

Consumers of petroleum products will have to stomach the burden of paying the Tema Oil Refinery (TOR) Debt Recovery...

Business

Volta Lake Workers Demand 15 Months Unpaid Salaries

Workers of Volta Lake, a company contracted by the Government to clean the Albert Bosomtwe Sam Fishing Harbour in...

Business

Abide By Escrow Account Rules

The Ghana Bankers Association has appealed to power companies to abide by rules governing the Escrow Account with the...

Business

Terkper Courts IMF With Legacy Debt Deal

Finance Minister Seth Terkper has expressed hope that a milestone agreement reached with creditors over VRA’s debts...

Business

Gov’t Clears GHS250m Out of GHS4.4bn Energy Debt

The Ministry of Finance, the Bank of Ghana (BoG), and the Ghana Bankers Association have announced plans to pay the...

Business

Government Owes Power Companies GHC3bn

Government owes power producers and the Electricity Company of Ghana (ECG) over GHC3 billion. The amount comprises...

Business

Moody’s, IFS, CEPA Slam Government

Three economic research agencies have rejected government’s claims of a robust Ghanaian economy in 2017 and have...

Business

Government, Banks Agree On SOEs Debt Repayment

Government has reached an agreement in principle with local banks to restructure the debts of State Owned Enterprises...

Lord I Lift Your Name On High

Lord I lift Your name on high, Lord I love to sing Your praises I’m so glad you’re in my life, I’m so glad you...

Opinion

Will Government Heed To Advice To Cut Borrowing?

The government of Ghana attempt to float the fifth Eurobond fortnight ago received a lukewarm response from investors...

Business

TOR Turns Bank Debts Into Bonds

Tema Oil Refinery Limited (TOR), Ghana’s only processor of crude into fuels, is seeking to convert bank loans it had...

Business

We Haven’t Abandoned 2016 Eurobond Issue

Government has dismissed reports that it has abandoned its decision to issue yet another Eurobond this year. According...

Business

Government’s GDP Decline Questionable – Economist

An economist with the Institute of Fiscal Studies has questioned Ghana’s new gross domestic product figures put out...

Top Stories

Huge Debt Forces Accra Psychiatric Hospital To Turn Away Patients

Saddled by debts, the Accra Psychiatric Hospital is closed to new patients, a situation that will persist until...

Business

HFC Awaits Court’s Ruling In Finatrade Debt Saga

HFC bank has told Citi Business News it will await a court ruling before it makes its next move following Finatrade’s...

Top Stories

Vra Too Broke To Meet Debt Obligations

Financial Analyst, Sydney Casley Hayford has said government will eventually privatise the Volta River Authority since...

Business

Finatrade’S GH¢1.2bn Debt Exposes Banks’ Greed

The Chief Executive Officer of Dalex Finance, Mr Ken Thompson, says the risk of default on Finatrade's GH¢1.2 billion...