As part of measures being taken to manage Ghana’s debt stock, the Government has decided to proceed with a capped cash tender offer, up to US$100mn of the Ghana 2017 Bonds issued in 2007, in line...
The Petroleum Minister, Emmanuel Armah Kofi Buah, has said that Ghana has paid 30 million dollars of the reported 140 million dollars it owes the West African Gas Pipeline Company (WAPCo)
The company...
N-Gas, the main supplier of gas to Ghana's Volta River Authority (VRA), through the West African Gas Pipeline (WAGP), has shut down supply due to the indebtedness of over $166.3 million.
Speaking to...
The government, private institutions, and individuals owe the Electricity Company of Ghana (ECG) about GH¢1.6 billion in electricity bills as of 2014.
The acting Director of Finance of the ECG, Mr...
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...
Ghana’s total debt stood at GHC92.2 billion as of September 2015, Finance minister Seth Terkper has revealed.
He explains that the government had to take the monies from the international market to...
New Patriotic Party (NPP) flagbearer, Nana Akufo-Addo kicked off his tour of the United States with a meeting of donors at a diaspora community venue near Washington, D.C.
The Ghana Cultural Center...
Twenty-one people, including seven women have been arrested in the Ashanti Regional capital, Kumasi for illegal electricity connection.
The alleged power thieves were picked up in a swoop conducted...
As the Mahama administration dispatches Ghana’s negotiating team with the International Monetary Fund (IMF) to Washington in the United States for further talks on the financial bailout, the IMF...
A 24-year-old British woman called Claire Leeson said she is in debt “up to my eyeballs” after spending over $30,000 to look like her idol, Kim Kardashian.
Leeson, 24, said she spent...
Dr. Kofi Wampah, the current Governor of the Bank of Ghana (BoG), has blamed the nation's increasing public debt on Ghanaians unwillingness to pay tax. He said this whist addressing journalists in...
