Fitch Ratings has downgraded Ghana’s Long-Term (LT) Local Currency (LC) Issuer Default Rating (IDR) to Restricted Default (RD) from ‘C’. The issue ratings on local-currency bonds issued domestically have also been downgraded to Default (D) from ‘C’. Fitch has affirmed Ghana’s Long-Term Foreign Currency (FC) IDR at ‘C’. Fitch typicallyContinue Reading

An on-demand, non-hormonal male contraceptive pill may be a real possibility say scientists who have found a cell pathway, or switch, that stops sperm from being able to swim. Tests in mice suggest it keeps sperm stunned for at least a few hours – long enough to stop them reaching theContinue Reading

A presidential aspirant of the National Democratic Congress (NDC), Kojo Bonsu, has justified his decision to contest former President John Dramani Mahama. Kojo Bonsu said his decision is borne out of his conviction that Mr Mahama will have only one term should he win the 2024 presidential election. According toContinue Reading

Aspiring Presidential candidate, Kojo Bonsu, has expressed concern about how the Ministry of Foreign Affairs and Regional Integration is handling information about the Turkey earthquake. According to him, its failure to give day-to-day information on conditions of Ghanaians, especially about footballer, Christian Atsu who is still missing is unfortunate. TheContinue Reading

Regular readers of this page were puzzled when after weeks of projections by analysts of a final participation rate of between 60% and 65% in Ghana’s domestic debt restructuring exercise (DDE), the government triumphantly announced a “more than 80%” figure on Tuesday. We shared our understanding on Twitter: the governmentContinue Reading

A Kenyan senator was ejected from parliament after attending a session while wearing a white suit stained red in an apparent menstrual activism campaign. Gloria Orwoba, of the ruling coalition, is due to table a motion on a bill to provide for free sanitary pads on Wednesday as part ofContinue Reading

Former Chief Justice Sophia Akuffo asserts that Ghana’s Finance Minister Ken Ofori Atta has performed poorly in leading the country’s economy. She asserts that he has broken his commitment made when the Akufo-Addo administration assumed office in 2017 to safeguard the public coffers. She remarked that the purse appeared toContinue Reading

A member of the parliament’s finance committee, Richard Acheampong says the participation in the debt exchange program is not as voluntary as the administration claims. The Bia East MP clarified that such bond coupons are not tradable in the market because they are exempt from the scheme. “The government in itsContinue Reading

Some agitated students have clashed with police at the forecourt of the Commonwealth Hall at the University of Ghana as they tried to access the facility. The former residents of the hall are protesting to register their displeasure over what they see as management’s silence on the accommodation crisis. ThisContinue Reading

Gas and diesel prices are anticipated to drop by a considerable 7.1% to 10.8% at the pump beginning  Thursday, February 16, 2022,. However, during the following two weeks, the price of liquefied petroleum gas (LPG) will increase. The Institute for Energy Security (IES) predicts that in the following days, petrolContinue Reading