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The government will raise ¢1.28 billion to refinance Treasury bill maturities worth ¢1.07 billion in the upcoming T-bill auction on Friday January 28, 2022. This is coming after the government missed its treasury bills target by 20%, as…

The Audit Service headed by the Auditor-General, Johnson Akuamoah Asiedu, has recovered a total amount of ¢2.210 billion as financial irregularities from public institutions, about 46.13% of the expected recoverable amount. This is out…

The Association of Ghana Industries has described the level of utility tariff increments for water and electricity by the Public Utilities Regulatory Commission (PURC) as too high for industry to bear, particularly at this time. It…

Finance minister, Ken Ofori-Atta, has applauded the Ghana Revenue Authority (GRA) for putting in efforts to mobilise revenue for the country beyond its target. The GRA has reported over ¢3 billion above its revenue target for 2022.…

The government of Ghana and the Ghana Association of Banks (GAB) have come to a consensus on the terms of participation of banks in the Domestic Debt Exchange Programme (DDEP). The new arrangement addresses final improvements to the…

Ghana’s dollar bonds have fluctuated as concerns rise over the government’s offer of better terms to investors in local government securities, which may shift a bigger burden of a planned restructuring onto holders of the external debt.…

An economist, professor Lord Mensah says it will be suicidal for government to exchange treasury bills in the debt exchange programme. He says the government needs the treasury bills for short term operations now that investor…

Director-General of the State Interests and Governance Authority (SIGA) Amb. Edward Boateng has disclosed that his outfit is awaiting approval from Cabinet on the listing of selected state-owned enterprises (SOEs) to raise capital from the…

Russian crude oil shipments from its key export terminals slumped by 22%, or by 820,000 barrels per day (bpd), last week, compared to the previous week, according to tanker tracking data monitored by Bloomberg. Last week, total Russian…

Yesterday, strikes began at three refineries in France operated by TotalEnergies. The three facilities suspended gasoline and diesel deliveries for the wholesale market, and one of them reduced its run rates to a minimum. Across the…