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Wednesday 15 May 2024

2021-02-19

[B] FDA recalls contaminated pet foods from market
[B] Oppong Nkrumah explains why his microfinance firm collapsed

2021-02-18

[B] 'Money-doubling', 'card-loading' schemes illegal; stay away from them – BoG warn
[B] Producer price inflation hits 9.1%
[B] COVID-19 test at KIA: I wasn’t privy to procurement processes
[B] Mahama Ayariga wants retirement age extended from 60 to 65
[B] Alpha Lotto, NLA on collision course over operation
[B] Time to tax MoMo proceeds - Ursula Owusu Ekuful
[B] Is SSNIT top job up for grabs?

2021-02-17

[B] Number of advertised jobs declined sharply in quarter 3 2020 – BoG survey
[B] I’m not responsible for $134 million GCGP judgement debt – Boakye Agyarko
[B] Ursula Owusu ‘sweats’ over Akufo-Addo’s law firm at vetting
[B] OccupyGhana takes on Kan Dapaah over comments on Auditor-General’s independence
[B] Delay in paying contractors was due to impact of Covid-19 – Kwasi Amoako-Atta

2021-02-16

[B] Meet Peter Akwaboah, Morgan Stanley’s new operating chief
[B] I Am Not Behind Closure Of 51 Radio Stations - Ursula Owusu-Ekuful
[B] A ‘higher authority’ than ministers to blame for looming judgement debt
[B] Ken Ofori-Atta put Akufo-Addo’s transformation agenda ahead of his health
[B] NCA not ready to takeover telco revenue monitoring platform from KelniGVG
[B] Government did not pay for COVID-19 Tracker App – Ursula

2021-02-15

[B] Don’t patronise illegal digital short code- National Lottery Authority warns
[B] Don’t patronise illegal digital short code- National Lottery Authority warns
[B] GhIPCON 2021 set for March 10-11
[B] Agyapa Royalties transaction in national interest — Godfred Dame

2021-02-14

[B] CEO of Bluegrass Limited Kwadwo Darko-Mensah ‘Onasis’ arrested, detained
[B] Police advise stricter security at fuel stations
[B] Police in Esiama Foil Robbery Attempt on Ecobank

2021-02-13

[B] Government focused on creating enabling environment for businesses to thrive
[B] I’ll tackle opacity in oil cash utilisation – Napo assures
[B] BESSFA Rural Bank opens two new branches in NER
[B] Kumasi Race Course traders threaten to stop paying tax over neglect

2021-02-12

[B] IGP directs police to protect tomato importers travelling to Burkina Faso
[B] NIC Develops Compulsory Commercial Fire Insurance
[B] Timing of Databank’s withdrawal questionable

2021-02-11

[B] SSNIT declares GH¢512 million in savings since 2017
[B] Chief influences investors to revamp Zuarungu Meat Processing Factory
[B] Data Bank pulls out of Agyapa deal as transaction advisors
[B] Patience Akyianu joins Hubtel as non-executive director

2021-02-10

[B] Stop tagging professionals as politicians – Databank CEO
[B] Growth rate of bank loan advances slows in 2020
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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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