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Monday 29 April 2024

2021-03-06

[B] AngloGold Ashanti Ghana hands over 1.3km asphalted road

2021-03-05

[B] Poor cashew pricing affecting production - Minister
[B] Boost for Ghanaian exporters … as Ghana, UK sealed trade agreement
[B] NIMED Capital Ltd. launches IPO for lifetime Unit Trust
[B] Why British Airways rescinded decision to re-route Accra – London flights

2021-03-04

[B] BoG issues directive on dormant and unclaimed accounts
[B] Akufo-Addo retires Domelevo

2021-03-03

[B] GRIDCo to demolish illegal structures obstructing access to transmission towers

2021-03-02

[B] You’re deemed to have retired based on your date of birth – Audit Service Board
[B] Auditor-General Domelevo’s 167 days leave ends today
[B] Robbers attack bullion van ferrying CAL Bank cash in daylight operation

2021-02-28

[B] Investment in Western Region will forestall insurgencies - Okyere-Darko
[B] AfCFTA requires right strategies — Ernest Sampong

2021-02-27

[B] Airport risks collapsing if KIA MD is not removed – Fuming workers caution
[B] Airport staff to strike again March 15 if. . .

2021-02-26

[B] 16 dead as two KIA Granbird buses collide on Accra-Kumasi highway
[B] Hundreds of air travellers stranded as Airport staff strike hits hard

2021-02-25

[B] Time to indigenise economy – Sir Sam
[B] Mastercard and MTN partner to enable customers pay on global online platforms
[B] Ghana exports 250 to 300MW of power – Amewu

2021-02-24

[B] BoG erred in revoking my microfinance company’s licence – Minister-designate
[B] We cannot legalise okada – Transport Minister-designate
[B] Ayorkor Botchwey appeals to Serbian investors to invest in Ghana
[B] Fishermen Back Hawa Koomson to head Fisheries & Aquaculture Ministry
[B] Ghana’s biggest car snatching syndicate busted with 7 stolen cars
[B] SEC flags Wiseling Online Investment Company as unlicensed

2021-02-23

[B] Mamfe Methodist Girls SHS win World Robotics and Coding Competition
[B] Kwadaso Mobile Phone thief battles for his life
[B] Ofori Atta meets Appointments Committee on March 8
[B] GCNet loses appeal on workers redundancy package
[B] Kweku Adoboli to make case for mortgage-backed bond market

2021-02-22

[B] ADB boss is most visible banking sector CEO – 2020 IBNA Report
[B] Regulate cryptocurrencies now – Economist to BoG, SEC
[B] World Bank makes Diop first African to head IFC
[B] Virtual forum on AfCFTA slated for Wednesday
[B] GCNet remaining workers receive redundancy notice
[B] We’ll resist any attempt to increase fuel prices – Minority

2021-02-19

[B] Ghana must negotiate with Benin to resolve export challenges – Patrick Boamah
[B] Amidu was wrong on Agyapa deal – Samson Lardy Anyenini
[B] GBC's GH¢25m electricity debt ring-fenced - Oppong Nkrumah
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Business

[ 2017-01-27 ]

Ghana to pay 18.75 % interest on first 5 year bond in 2017
Ghana accepted 369.47 million cedis ($84.7
million) worth of bids for the country’s first
five-year domestic bond issued on Thursday,
January 26, 2017.

Citi Business News understands total bids
subscribed amounted to 420.14 million cedis.

The rate for the bond is 18.75 percent.

The cash will be used rollover forecast
maturities, meet government’s financing
requirements and build buffers for liability
management.

Participation was open to both resident and
foreign investors.

The five year bond forms part of the
government’s 17.4 billion cedis ($4.1 billion)
worth of domestic instruments to be issued between
January and March.

Lead brokers for the issue were Barclays Bank
Ghana, Stanbic Ghana and Strategic African
Securities.

The issue was conducted by the book building
method on the Ghana Stock Exchange.

Government is expected to issue a 700 million cedi
3 year bond in February 2017.

Source - citibsinessnews.com



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