Fitch Ratings has revised its outlook for the Ghanaian banking sector, painting a brighter picture of the industry's future amidst an improving economic situation in the country. This positive shift, ...
Fitch Ratings has raised concerns about rising government bond yields despite policy rate cuts by major central banks. In its latest report, “Rising Bond Yields Point to Fiscal Challenges for ...
Ghana’s economy faces an uphill climb despite significant efforts to restructure its debt and implement fiscal reforms. According to Fitch Ratings, the West African nation is projected to encounter severe ...
In a recent assessment, the UK-based rating agency Fitch reaffirmed Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency (LTLC) IDR at ‘CCC’. This ...
Fitch Ratings has retained its ‘neutral’ sector outlook for 2024 across most emerging-market regions, including Ghana. This perspective is shaped by a balance of moderately weaker economic growth and persistent ...
Fitch Ratings has updated its Outlook on the Long-Term Issuer Default Ratings (IDRs) of five prominent banks and one bank holding company from stable to positive. The banks affected by ...
Joe Jackson, the Director of Business Operations at Dalex Finance, has advised the government to be financially disciplined in the lead-up to the December 7 elections to protect the value ...
Fitch Ratings has forecasted a transformative shift in Africa's banking industry following alleged reports of Societe Generale's decision to exit the continent. According to Fitch, the move is expected to ...
Xiaomi, renowned for its innovative smart consumer electronics, is venturing into China's thriving yet competitive electric car market. The tech giant unveiled its latest offering, the Xiaomi SU7, a sleek ...
In an assessment of Ghana's economic trajectory, Fitch Ratings has projected that the nation will conclude its external debt restructuring by June 2024. This forecast comes as a significant development ...
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