The absence of clarity, as well as viability of the Ghana Financial Stability Fund (GSFS) to cushion sector actors against potential shocks from the Domestic Debt Exchange Programme (DDEP), remains a major concern, say analysts.
Announced by the Finance Ministry in partnership with the Financial Stability Council, the GSFS has...
Rising inflation continues to dampen the outlook for many currencies in Africa. The Bank of Ghana is battling 21-year high inflation at 33.9%, making the Cedi the world’s second worst performing currency this year (see Ghana report below). In Malawi, inflation has more than doubled since the start of...
Executive Summary
The public-private-partnership (PPP), or private-finance-initiative, model has been used since the early 1990s to finance and procure infrastructure projects around the world. In Australia, Britain, Canada, parts of continental Europe, and, more recently, in the United States, the use of private-sector capital and expertise has helped to fund...
With the holidays just around the corner, it’s important for consumers to exercise caution and self-discipline when managing their money over this period. Lack of financial discipline around the festive season can easily lead to financial woes especially in these trying times.
Hannah Annobil-Acquah, Head of Retail Banking at First...
The International Monetary Fund (IMF) will, today, August 23, 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR) allocation.
Launched for all countries to respond to the worst peacetime global recession since the great depression, the SDR allocation follows the...
Food security in sub-Saharan Africa is under threat. The ability of many Africans to access sufficient, safe and nutritious food to meet their dietary needs has been disrupted by successive natural disasters and epidemics. Cyclones Idai and Kenneth, locust outbreaks in eastern Africa, and droughts in southern and eastern...
Having survived the murky waters of politics in Nigeria, where her mother was kidnapped to send her a message, and rising to number two at the World Bank, Ngozi Okonjo-Iweala should have no trouble dealing with international trade negotiators in her new job at the World Trade Organisation (WTO).
The...
Telecommunications giant Vodafone Ghana has been named the best telecom company in customer service for the second year running by the Ghana Customer Service Index (GCSI) report 2020.
In the GCSI Telecom sector rankings, Vodafone obtained the highest satisfaction score to emerge as best customer service provider for the second...
The government of Ghana in its 2021 budget indicated that it plans to raise up to $5 billion in the international capital markets this year. During the first quarter, the government successfully raised $3 billion in Eurobonds including its first zero coupon bond as part of the issuance.
In a...