Fitch downgrades Ghana again to ‘Restricted Default’ after failing to pay $40.6m coupon

Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted…

Ghana gives final approval for sale of controlling stake in Vodafone to Telecel

Ghana has given the final approval for the transfer of the 70 percent majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited) held…

Meta is launching a paid verification service

Meta is testing a subscription service which will allow Instagram and Facebook users to pay to…

Government has no intention to takeover petroleum market – Egyapa Mercer

Deputy Energy Minister, Andrew Egyapa Mercer, says government has no intention to takeover the petroleum market…

John Jinapor tells IMF Supervisor to be very wary of BoG

Member of Parliament for Yapei Kusawgu, John Abu Jinapor is advising the financial supervision advisor appointed…

Over 80% of public sector workers earn less than GH₵3000 – New GSS report

A new report by the Ghana Statistical Service (GSS) has revealed that four out of every five…

High Court grants EOCO power to seize over 130 cars stolen from US, Canada

An Accra High Court has granted the Economic and Organised Crimes Office (EOCO) the power to…

Inflation falls marginally to 53.6% in January 2023

Inflation fell marginally to 53.6% in January 2023, from 54.1% recorded in December 2022, latest data…

Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest…

Volta NHIA office closed down for non-payment of electricity bills

The Member of Parliament (MP) for the Kpando Constituency in the Volta Region has chided the…