Tag Archives: Exchange

Despite ongoing macroeconomic reforms, including the devaluation of the Nigerian naira, the country’s equity market and investment landscape continue to evolve, with a notable surge in strategic acquisitions and increased foreign investor participation. The impact of these developments has propelled the Nigerian Exchange to historic heights, with the NGX all-share …

Vice President Dr Mahamudu Bawumia has revealed that he suffered sleepless nights when Ghana went through a phase of persistent hikes in exchange rates leading to a rise in the pricing of fuel products. According to the vice president, the situation and the quest to find a workable solution around it left …

A retired senior police officer, Franklin Nertey, has called out President Nana Addo Dankwa Akufo-Addo for plunging Ghana into serious debt. In a viral social media video, the former policeman accused the president of failing to heed to advice in the management of the economy. According to him, he is on the …

The Bank of Ghana (BoG) has assured Ghanaians that it has sufficient gold reserves to continue the gold-for-oil policy. In its turn before the Public Accounts Committee, the central bank stated that it was well-positioned to meet the transactional demand of 160,000 ounces of gold per month. The bank was represented before …

Organized labour has declared an indefinite strike starting December 27, 2022. According to the labour unions, they will only rescind their decision when pension funds are exempted from the domestic debt exchange programme. According to Atinka News source, the decision to embark on the strike was reached after a meeting …

The Ghana National Association of Teachers (GNAT) has waded into the on-going debate on the government’s impending Debt Exchange Program set to be rolled out. According to the teachers, they are interested stakeholders on the Domestic Bond Market, running on the Teachers Fund with its subsidiaries, the Tier-3 Pension Scheme …

The Attorney-General, Godfred Yeboah Dame has in a legal opinion indicated that a mandatory Debt Exchange programme would be illegal. Finance Minister Ken Ofori-Atta on Monday announced domestic bondholders with the exception of Treasury bill holders will be affected by the debt exchange program. Per the arrangement, bondholders will get 0% interest …

Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO …

Minister of Finance Ken Ofori-Atta has been announcing measures to be contained in Ghana’s Domestic Debt programme. Speaking at a press briefing today, December 4, 2022; he outlined different measures as relates to among others Treasury Bills, other domestic bonds etc. “Your T-bills are safe. Treasury bills are totally exempted …

What seemed like an attempt by Kumasi-based Abusua FM to resolve the differences between the Member of Parliament for Nhyiaeso, Dr Stephen Amoah, and one of his kingmakers in the constituency, Abraham Boadi, alias Opoo Man, backfired after the two men lost their cool on live radio. Dr Stephen Amoah, alias Sticka, and Opoo …