Cedi finds footing after wobbly weeks

Ghana’s descent into debt distress in 2022 was preceded by years of warning signs that were visible but were not sufficiently reflected in assessments of how quickly the economy could tip into crisis, a new policy paper by former First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has argued.

Chairman of PSB Bank Petr Fradkov in an interview with RBC discusses what is happening in one of the most closed sectors of the economy — cross-border payments and how the A7 international payment system operates, which essentially lacks international payments.   “This is essentially a tool of ‘new warfare’”

Voltic (GH) Limited, a subsidiary of the Equatorial Coca-Cola Bottling Company (ECCBC) has commissioned a newly constructed mechanized borehole with an installed multi-step purification system for the Gomoa Osedze community in the Gomoa West Constituency.

As many as 43 percent of employees are unhappy with their workplaces, while only 26 percent are strong supporters of their organisations.

PETROSOL Platinum Energy has recorded an oversubscription of 78 percent at its maiden GH¢100 million corporate bond issuance, with bids totalling GH¢178.07 against the targeted amount.

The Office of the Special Prosecutor has identified a former Power Minister, Dr. Kwabena Donkor and four others as key persons of interest in its investigation into the Ghanaian dimension of a bribery case that led to the conviction of a former Tema Oil Refinery executive in the United States.

African countries should develop their own debt-management and development-financing institutions instead of relying on systems designed outside the continent, the head of the African Forum and Network on Debt and Development (AFRODAD) has said.

The Ghana National Petroleum Corporation (GNPC) Chief Executive Officer (CEO), Kwame Ntow Amoah, has assured that the national oil company (NOC) remains on course to commence its planned fourth-quarter drilling programme in the Voltaian Basin despite repeated shifts in the timeline.