The cedi is expected to experience modest stability against its biggest trading partners, with a cocktail of factors such as the recent coupon payment for new bonds, reduced import demands and foreign exchange (FX) to oil players to offset pressures of increased demand from corporate entities.
Since beginning of the...
The nation has achieved a significant leap toward economic recovery by successfully executing its Domestic Debt Exchange Programme (DDEP) Phase II, backed by impressive levels of investor participation.
These initiatives, meticulously designed to tackle financial challenges induced by the pandemic, encompassed U.S. dollar-denominated bonds, pension funds and cocoa bills, and...
A combination of domestic imbalances and external shocks led to macroeconomic challenges in Ghana in 2022 with a spill over into 2023. The economy has since been riddled with persistent inflationary pressures, increasing public debt stock, interest rate hikes, and accelerated Cedi depreciation. The economy has also seen elevated...
The economy is displaying promising signs of progress following a series of robust economic reforms aimed at achieving macroeconomic stability and sustainable growth, Dr. Leandro Medina - the IMF Resident Representative in Ghana, has said.
The IMF Resident Representative highlighted the favourable outcomes of these reforms, shedding light on the...
amid economic flux, GSE forges ahead with resilience and innovation
In the dynamic realm of financial markets, the ability to adapt is the linchpin of survival. The Ghana Stock Exchange (GSE) stands as a testament to this truth, weathering storms and emerging stronger from each challenge. As we delve...
The government has demonstrated commitment and ability toward restoring investor confidence in both domestic and international markets, following the payment of the first coupon obligation on new bonds resulting from a recent debt restructuring.
The success of the first debt restructuring has laid the groundwork for the second phase of...
The Sustainability and Policy Lead at the Centre for Sustainable Environment and Socio-economic Legal Advocacy (CSESLA), Priscilla Adwoa Yeboah-Hammond, wants government to be intentional about funding green initiatives.
According to her, deliberate funding policies will serve as a catalyst for green investments, fortify existing initiatives and to a large extent...
Technology and Africa’s Development Challenges
African governments and stakeholders will have to deal with the stark realities of climate change variabilities, inadequate and unsustainable energy supply and increasing unemployment as nations seek economic solutions.
Climate change and its devastating impact on societal livelihoods have taken centre-stage among governments and development partners....
but 6 possible headwinds likely to derail prospects
The West African Development Outlook (WADO) is projecting economic activity in most Economic Community of West African States’ (ECOWAS) economies to rebound over the next two years while inflation is expected to decelerate, leading to improved conditions compared with 2022.
WADO, an annual publication...
Definition of Credit Bureau Agencies
Credit bureau agencies are specialised organisations that gather, maintain, and share credit information about individuals and businesses. They play a vital role in the financial ecosystem by giving lenders insights into a borrower’s credit history, outstanding debts, payment behaviour, and overall creditworthiness. These agencies thus...