The combination of continued strong economic recoveries and high inflation will push global government debt slightly lower as a share of GDP this year despite fiscal deficits remaining elevated compared ...
Minority Leader, Haruna Iddrisu, has disclosed that the economy of Ghana is on the brink of bankruptcy. According to him, the current state of the economy isn’t one to write ...
Fitch Ratings has affirmed AngloGold Ashanti Limited’s (AGA) Long-Term Issuer Default Rating (IDR) at ‘BBB-’ indicating bonds of investment grade (relatively low risk) with a stable outlook. According to Fitch, ...
Fitch Ratings, a global rating agency, has expressed concerns over Ghana’s rising debt servicing costs, highlighting the possibility of the country seeking an assistance from the IMF even though the ...
European Investment Bank’s (EIB) Long-Term Issuer Default Rating (IDR) receives an ‘AAA’ classification with a Stable Outlook from Fitch Ratings. EIB’s new rating comes after its solvency assessment improved from ...
Fitch Ratings has upgraded Cote D’Ivoire’s long-term Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’ with a stable outlook. According to Fitch Ratings, this rating action reflects the sustained reduction ...
Fitch Ratings has upgraded the rating outlook on Nigeria-based Access Bank Plc to ‘B’ Stable from ‘B’ Negative. The outlook revision reflects Fitch’s view that risks to Access’s credit profile ...
Ghana’s interest payments on its borrowing is expected to increase this year due to additional borrowings to finance government’s increasing expenditures. According to American credit rating agency, Fitch Ratings, Ghana’s ...
Professor Osei-Assibey, a senior lecturer at the Economic Department of the University of Ghana, Legon has described the Fitch’s report on Ghana’s economic outlook as “a little bit harsh” and ...
Ghana’s gross forex reserves (excluding oil funds and encumbered assets) will end 2021 at US$7.6 billion, or 2.9 months of external payments, according to Fitch Ratings. Fitch Ratings explains that ...
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