Rating Agencies

International

South Africa’s Credit Rating Has Been Cut To Junk Status

South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that...

Headlines

S&P Cuts South Africa’s Credit Rating To ‘junk’

Credit rating agency Standard and Poor's downgraded South Africa's rating to junk status on Monday, as the country's...

International

Ivory Coast Plays Blame Game For Cocoa Crisis In Top Producer

Ivory Coast’s cocoa regulator pointed to speculators and prospects for a glut as the reason for a slump in futures...

International

Rand Falls Further As Concern Mounts

Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed...

International

South Africa Rand Sinks Further Amid Concern About Credit Downgrade

Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed...

Business

Fitch Backs Government’s Growth Target

Ghana's economy is expected to grow by 6.3 per cent in 2017, compared to 3.8 per cent growth rate realised in 2016,...

Business

Ghana’s Deficit Highlights Downside Fiscal Risks – Fitch

Credit Ratings Agency – Fitch – has said Ghana's disclosure of $1.6billion unreported expenditure and the resulting...

Business

Ghana’s Economy Faces Further Downgrade As Debt Hit GHS122billion

An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international...

Top Stories

Ghana’s Economy Faces Further Downgrade As Debt Hit GHC122billion

An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international...

Headlines

China’s Huge Debt Poses Big Headache For Central Bank

Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take...

Business

Ghana’s Inflation To Decline

Inflation will continue to fall in Ghana in 2017, following several years of extraordinarily high price growth, Fitch...

Business

Oil To End Year At US$57

All things being equal, fuel prices will not travel beyond 15 percent increase in 2017, some industry analysts...

International

In Ghana, Post-Election Fiscal Crunch Is Politics As Normal

Ghana's President Nana Akufo-Addo has taken power with ambitious plans to revive once spectacular economic growth, only...

International

U.S. Small Business Borrowing Rose Slightly In December

Small U. S. firms borrowed slightly more in December than in the prior month, data released on Wednesday showed, but...

Business

Ghana Risks Downgrade By Rating Agencies

Ghana might record a possible downgrade by credit rating agencies during their periodic assessments of economies in...

International

Fitch Downgrades Nigeria’s Long-Term Rating

Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west...

Entertainment

MTN 4stye Music Video Awards 2016

4syteTV celebrated unique Ghanaian talents at the 2016 MTN 4syte Music Video Awards. The event which was held at the...

International

Some of Africa’s Currencies Struggled In 2016

From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic...

International

Investors Wipe $6.6 Billion Off Toshiba’s Market Value

Toshiba's dreams of becoming a nuclear energy leader have turned into a nightmare. Rattled investors have wiped $6.6...