Tag: Debt restructuring

Guaranty Trust Holding Co., Nigeria's biggest bank by market value, plans to slow lending and bond trading in Ghana following a $77 million impairment in the West African nation. According ...

The Minister for Finance, Ken Ofori-Atta, has hinted that there will be an imminent 2nd round of restructuring of the country’s domestic debts.  According to him, despite completing the restructuring ...

US Treasury Secretary Janet Yellen has called for quick solution to Ghana and Zambia debt problems and pushing for concrete steps to speed up debt relief process for both countries. ...

Africa’s biggest lender by assets, Standard Bank is ready to recapitalize its Ghanaian unit after making provisions to cover more than half of its holdings in the nation’s debt. This ...

Economist and lecturer at the University of Ghana Business School, Prof Godfred Bokpin, has lamented the stereotyped notion some countries have concerning China, insisting that there is some consciousness on ...

Some of Ghana’s International bondholders have pushed for equity with regards to restructuring of Ghana’s debt amidst concerns of equity affecting efforts to secure the International Monetary Fund (IMF) board ...

Ghana has accrued more external debt in 2022 than it has in the previous years, with external debt close to $30 billion, which makes it a bigger hurdle to cross ...

Dr Said Boakye, a research fellow at the Institute of Fiscal Studies (IFS), has painted a gloomy picture of Ghana’s economy should the debt restructuring fail to work, stating that ...

President Nana Akufo-Addo has urgedGermany to "encourage" China, an Ad Hoc member of the Paris Club, to support Ghana's debt restructuring efforts. The President of Ghana claimed it is critical ...

Former President, John Dramani Mahama, has disclosed that he is not against the debt restructuring programme being implemented by the Akufo-Addo-led administration. According to him, the only problem with the ...