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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 …

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Meet the 3 new members of the Electoral Commission of Ghana

Three new members appointed to the Electoral Commission of Ghana to replace retired commissioners have been sworn into office by President Nana Addo Dankwa Akufo-Addo. They are Salima Ahmed Tijani, Dr Peter Appiahene and Rev Akua Ofori Boateng. They replace Mrs. Hajia Sa-Adatu Maida, Mr Ebenezer Aggrey-Fynn and Mrs. Rebecca Kabukie Adjalo who have …

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ECG disconnects power to Ho Airport, GRA over debt

The Electricity Company of Ghana (ECG) has disconnected the Ho Airport in the Volta Region for owing the power distribution company GH¢63,000. The regional office of the Ghana Revenue Authority, Ho Technical University and the Customs Excise and Preventive Service (CEPS) Training Academy in Kpetoe were disconnected for similarly owing. …

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