Economy Crises

Fitch downgrades Ghana’s long-term local currency to RD

Benjamin Mensah1 year ago05 mins

Fitch Ratings has lowered the Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) of the nation to restricted default (RD) from ‘CCC’. This action was taken due to missed payments on certain local-currency bonds issued before the domestic debt exchange programme (DDEP). Although last month, Ghana’s LTLC IDR was upgraded to ‘CCC’ from ‘RD’ because of…

I have not invited NPP MPs calling for Ofori-Atta’s exit – Kufuor

Benjamin Mensah2 years ago05 mins

Former President, John Agyekum Kufuor, has denied reports stating his intentions to meet NPP members of Parliament who are calling for the sacking of Finance Minister, Ken Ofori-Atta. According to the former head of state, the said reportage in some sections of the media are false and should be dismissed. In a statement from his…

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Fitch downgrades Ghana’s long-term local currency to RD

I have not invited NPP MPs calling for Ofori-Atta’s exit – Kufuor