Ghana’s recent macroeconomic rebound, while encouraging, is facing a delicate balancing act, according to Fitch Solutions. The UK-based research and risk analysis firm warns that the sustainability of Ghana’s recovery ...
The African Peer Review Mechanism (APRM) has taken a strong stance against Fitch Ratings following the agency’s recent decision to downgrade the African Export-Import Bank (Afreximbank). APRM described Fitch’s interpretation ...
Fitch Solutions, along with Absa Bank, had initially forecasted that the Ghanaian cedi would close 2025 at GHS 15 to the US dollar. However, in a recent revision, Fitch has ...
Ghana’s financial sector is gradually stabilizing as the effects of the country’s external debt restructuring appear to have had a less pronounced impact on banks’ capitalisation compared to the Domestic ...
Economist and political risk analyst Theo Acheampong has highlighted a significant challenge faced by many Sub-Saharan African countries in their efforts to finance development projects and manage budget deficits. According ...
In a recent assessment, Fitch Ratings revised the outlook on FBN Holdings Plc and its primary operating subsidiary, First Bank of Nigeria Limited (FBN), from stable to positive, while affirming ...
Fitch Solutions has predicted that the Ghanaian cedi will recover some of its recent losses against the US dollar in the coming months. According to the London-based firm, this anticipated ...
The Ghanaian economy finds itself walking a tightrope as Fitch Solutions predicts an 11% depreciation of the cedi against the US dollar by the end of the year. According to ...
In a recent report, Fitch Ratings has forecasted a decrease in treasury bill (T-bill) yields for Ghana in 2024. This projection comes as the Ghanaian government moves forward with external ...
In a recent development, global creditors convened with major credit rating agencies, including Moody’s, Fitch, and S&P Global Ratings, to address concerns regarding the agencies’ responses to debt relief initiatives ...
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