Debt restructuring

By Adnan Adams Mohammed Ghana’s financial landscape is facing a dual crisis in the insurance sector as industry titans and global consultants warn of deep-seated vulnerabilities. Even as the broader …

  By Adnan Adams Mohammed   The Government of Ghana as part of its Eurobond debt servicing obligations under the Debt Restructuring negotiations has made the last batch payment of …

The debt, which stands at US$ 400 million has been reduced to US$ 200 million, but with a cash payment component of US$ 10 million which is to be paid …

Ghana’s economic challenges have been attributed by the World Bank to unguided fiscal systems which led to overburdened debt accumulation and unmatching revenues.

Ghana has been negotiating with the IPPs since last year to rework the arrears as part of its external debt revamp.

A successful completion of the meeting is a key step needed by Ghana to secure its next tranche of funding from the International Monetary Fund.

Adnan Adams Mohammed   In the midst of growing uncertainty, Fitch Solutions has described investors’ sentiment towards the Ghanaian market as weak.   The international rating agency noted that foreign …

Adnan Adams Mohammed   Government of Ghana has expressed optimism to secure a successful implementation of an external debt restructuring after successfully completing a Domestic Debt Exchange Programme (DDEP).   …

  Rand Merchant Bank is warning of constrained fiscal policy in African countries such as Ghana and Zambia due to elevated costs of funding.   The two countries are presently …