BoG’s gold coin launched; prices range from GH₵11K to GH₵45K
The Bank of Ghana (BoG) has officially introduced the Ghana Gold Coin (GGC) as a new financial instrument to diversify investment options for the public. As of November 26, 2024, the coins are available in three denominations: 1.00 oz, 0.50 oz, and 0.25 oz. Their prices are set at GH₵45,020.48, GH₵22,409.74, and GH₵11,188.12, respectively. The pricing is based on […]
Ghana to face persistent liquidity pressures in 2025, 2026 – Fitch warns
Fitch Ratings Agency has predicted that Ghana will face significant liquidity pressures going into 2025 and 2026, despite restructuring most of its debt. The UK-based credit rating agency highlighted that Ghana’s interest-to-revenue ratio will remain among the highest in its rated sovereign portfolio. Estimates indicate the ratio will reach 29% in 2025 and 30% in […]
‘We cannot afford business as usual on debt management’ – AGI tells incoming government
The President of the Association of Ghana Industries (AGI), Dr Humphrey Ayim Darke, has underscored the critical importance of effective debt management as Ghana approaches its December 7, election. Speaking on Joy News’ PM Express Business Edition on Thursday, November 28, he stressed that the sustainability of the country’s economy hinges on how the incoming government addresses […]