The Government of Ghana has rescinded its decision on the issuance of the 2-year cedi and 5-year cedi dominated bonds, a Joy Business report has said. According to the portal, the cancellation comes after bonds were initially issued back in May and March this year and were re-opened to both …
Read More »Tanzania seeks to reach new record cashew yields target
The government has started distributing subsidised inputs to cashew farmers in its efforts to meet its target of producing 400,000 tonnes in the next season and 700,000 tonnes by 2025. Government aims at increasing the use of sulphur powder, liquid pesticide and motorised sprayers following evidence that increased application of …
Read More »Ghana’s Eurobond yields hit 10-year high
Yields on Ghana’s Eurobonds have risen to their highest level in 10 years, as international investors continue to dump the country’s bonds amid fiscal and debt challenges – and now the Russian-Ukrainian war. Data from the CBonds indicate that the country’s sovereign US$ yield to maturity (YTM) index had risen …
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