Category: Investing

Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from B3 and changed the outlook to stable from negative.

Basseterre//- International Finance Corporation (IFC), a member of the World Bank Group, announces the Eastern Caribbean Central Bank (ECCB) as a new member of the IFC-facilitated Sustainable Banking and Finance Network (SBFN), making the ECCB the first partner of the SBFN from the English-speaking Caribbean.

Accra, Ghana//-Poor governance, dishonest and corrupt leadership are the main causative factors for the surge in Coup D’états in the West African region, Ghana’s minority leader in parliament, Hon. Haruna Iddrisu, has observed.

Accra, Ghana//-Ghana’s public debt stock shot up by ¢2.7 billion to hit ¢344.5 billion in November 2021, the January 2022 Bank of Ghana Summary of Economic and Financial Data has revealed.

Reliance on informal economic activity makes it difficult for most African countries to raise revenue beyond consumption taxes. Getty Images Ken Opalo, Georgetown University There are two big challenges African countries face when it comes to managing public finances.

Accra, Ghana//-Efforts by the Finance Ministry to win over the Minority in the tussle over the controversial E-Levy Bill, has hit another snag.

Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty. The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages.

Accra, Ghana//-The World Bank has cautioned the Ghanaian government to be mindful of the poor and vulnerable in its attempt to revamp the economy.

It’s been said that small businesses form the backbone of the global economy.

By Prof. John Gatsi, Dean of School of Business of the University of Cape Coast (UCC), Ghana Introduction Cape Coast, Central Region, Ghana//-All economies under the sun have gone through several phases of the economic cycle from boom to depression or from prosperity to depression.