NEWSLETTER | 05 -12 -2022

Govt extends maturing domestic bond by 5 years

Finance Minister, Ken Ofori-Atta, has announced that existing domestic bonds will be exchanged for a set of four new bonds.

Bonds as of December 1, 2022, that are due for payment will not be paid until at least five years from now.

Click on the image for full story.

Ghana has declared domestic debt default – Ato Forson

Cassiel Ato Forson, the ranking member of the Parliament’s Finance Committee, came to the conclusion that Ghana had declared a “domestic DEBT DEFAULT.”

His opinions were circulated on social media following the December 4 announcement of a domestic debt exchange by Minister of Finance Ken Ofori-Atta

NACOC officials seize US$1.4m worth of suspected narcotic drugs at a Post Office

The Narcotics Control Commission (NACOC) on Tuesday, November 29, reportedly discovered some suspected narcotics drugs worth US$1.4 million at Accra’s Central Post Office.

Move from pre-to post-production taxation – AGI to government

Dr. Humphrey Ayim-Darke, president of the Association of Ghana Industries, has stated the government must switch from pre-production taxation to post-production taxation . In addition to enabling anticipated expansion in the production sector, he claimed that the action will also ensure that the government increased revenue through production taxation where there is value addition.

Camidoh’s top 5 listenership on Spotify does not include Ghana – Report

Music streaming platform, Spotify, in its latest report has shown that Camidoh’s listenership does not include Ghana in his top 5 most streamed countries. According to #SportifyWrapped, the top five countries out of the 183 where the ‘Sugarcane’ hitmaker’s songs were heard the most are the United Kingdom, United States, Netherlands, France and Nigeria.

Senegal ‘have not failed’ at World Cup – president

It was a night of disappointment for Senegal at the World Cup in Qatar on Sunday after they lost 3-0 to England at the knockout stage.

The Teranga Lions were without their key players which proved to be a blow to them as the England midfield dominated play.

Donald Trump calls for end of US Constitution

Donald Trump has proposed the “termination” of the United States Constitution, spurring a sharp rebuke from the White House as the former president revisits debunked conspiracy theories about the 2020 election, which he lost.