President Mahama dissolves all boards.
January 13, 2025
The opening ceremony of the TotalEnergies Africa Cup Cameroon 2021 on Sunday, 9 January 2022 at the Olembé Stadium in Yaoundé saw things on a large scale for the host country of the most prestigious tournament in Africa. The ceremony revealed the facets and symbols of Cameroonian culture while involving[Read More…]
Thousands of Malians on Friday joined protest rallies in several cities called by the embattled military-dominated Interim government against ECOWAS sanctions on Mali. The regional bloc on January 9 imposed tough sanctions including financial, trade and border blockage of Mali after the Col Assimi Goita-led government announced a five-year delay[Read More…]
Ngowet Allevinah scored a late equaliser to earn Gabon an important 1-1 draw against Ghana in Yaoundé on Friday. The Black Stars came into the match on the back of a narrow 1-0 defeat to Morocco. The former champions broke the deadlock through captain Andre Dede Ayew before Ngowet Allevinah equalised for[Read More…]
Fitch Ratings has downgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’. The Outlook is Negative. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERSThe downgrade of Ghana’s IDRs and Negative Outlook reflect the sovereign’s loss of access[Read More…]
Ghana’s sovereign credit rating downgrade to B- with negative outlook is a signal to investors that the credit worthiness of the country is uncertain and appearance on the capital market will attract high cost to cater for the high risk of lending to Ghana, says Professor John Gatsi of the[Read More…]
The expected bloody fight between Vice-President Dr. Mahamadu Bawumia and the Minister for Trade Alan Kyeremanteng for the 2024 New Patriotic Party (NPP) Presidential Candidate has begun with the former drawing first blood. A demand by Alan Kyeremanteng that it is time for others to sacrifice and give him the[Read More…]
As the era of cheap money draws to an end, bondholders are no longer prepared to cut Ghana any slack. The country’s dollar bonds have slumped 10% in 10 days, moving deeper into distressed territory as investors judge that re-financing debt in the Eurobond market won’t be an option when[Read More…]