GHANA’S CREDIT RATING DOWNGRADED AGAIN
The Global Rating Agency S&P has cut Ghana’s sovereign rating from CC to “selective default”. This comes a day after the government stated it will suspend paying its debts to…
ANOTHER SETBACK BEFALLS GHANA
Fitch Ratings Inc. is an American financial company, one of the Big Three credit rating firms along with Moody’s and Standard & Poor’s. It is one of the three NRSROs…
AKUFO-ADDO NOW DETERMINED TO FIX GHANA’S ECONOMY
Despite Ghana’s economy being recently downgraded by a major rating agency, Standard & Poor’s (S&P), President Nana Addo Dankwa Akufo-Addo is optimistic that it would recover. The global and local…
GHANA DOUBLES ITS LOAN REQUEST FROM THE IMF
According to Bloomberg, the government of Ghana will be considering obtaining $3 billion from the International Monetary Fund (IMF) over a period of three years upon reaching an agreement on a…