Fitch upgrades Ghana’s Long-Term Local-Currency IDR to ‘CCC’
Fitch Ratings has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The issue ratings on local-currency bonds issued domestically that have not matured yet have also been upgraded to ‘CCC’ from ‘D’. Fitch has affirmed Ghana’s Long-Term Foreign-Currency (FC) IDR at ‘RD’. Fitch typically does not assign Outlooks to […]
More than 100 culprits face prosecution for illegal mining in Kyebi Forest Reserve
The Deputy Regional Manager of the Forestry Commission, Emmanuel Owusu Nkwantabisa, has hinted that over one hundred people are facing prosecution for engaging in illegal mining activities within the Kyebi forest reserve. In an interview with the media in Koforidua as part of activities to mark the International Day of the Forest, on the theme, […]
Former National Tennis Star Georgina Amoafi Kingsley-Nyinah laid to rest
Former National Tennis Star and Spouse to Former Chief Justice Kingsley-Nyinah laid to rest Madam Georgina Amoafi Kingsley-Nyinah was on March 17, 2023 laid to rest in Accra, after a funeral service was held at the St. John Methodist Church, Tantra Hill. A former National Ladies’ Tennis Champion, Mrs. Kingsley-Nyinah died on February 18, 2023 […]
ECG disconnects power to Cape Coast Sports stadium and two steel companies in Tema
The Electricity Company of Ghana, ECG, has disconnected two steel manufacturing companies in the Tema Enclave, Fabremetal and Star Steel from the National Grid. Fabremetal owes about 28 million Cedis while Star Steel was unable to settle its 18 million Cedis debt. They were taken off the grid because they could not pay when officials […]
