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2021-03-19

[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce

2021-03-17

[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker  

2021-03-16

[B] Pursue demands through negotiation, arbitration – Telcos told
[B] Don’t approve new fuel levies – COPEC to MPs
[B] There’s no justification for newly proposed petroleum taxes – Wereko-Brobby

2021-03-15

[B] Ghana prepares to issue $5 billion Eurobond  
[B] There’ll be ‘bitter hardship’ for Ghanaians because of 2021 budget – Forson  

2021-03-14

[B] 2021 budget designed to lift Ghana out of challenges imposed by COVID – Alan  
[B] I’ll support Agyapa deal 2,000% – MP Egyapa Mercer  
[B] Notorious Wa thieves transporting pregnant goats involved in accident  
[B] Ghana risks losing €258m earmarked for the 2nd phase of Kejetia market   
[B] FDA calls on media to help flush out unregistered products from market
[B] Govt provides Ghs 42.8 million in operations and payroll support to STC et al

2021-03-13

[B] Gov’t introduces 10pesewas ‘borla’ tax to clean Ghana
[B] NLA to bring back Live Draws for 5/90 Lotto
[B] Minister gives Kejetia traders final warning ahead of demolition
[B] Domelevo lands top international job after forced retirement
[B] Trotros and Taxis to enjoy free income tax, hotels and restaurants to get 30%

2021-03-12

[B] AfCFTA expected to significantly promote peace and security
[B] 2021 Budget will ensure recovery and macroeconomic stability
[B] We’ll soon provide food items to schools – Buffer Stock Company
[B] Osei Kyei-Mensah-Bonsu appointed ‘caretaker Finance Minister’  
[B] 2021 Budget: Ghana Employers' Association expects pragmatic initiatives  

2021-03-11

[B] Corruption is not fought alone or quietly – Domelevo
[B] Nana Addo’s anti-corruption credibility is in tatters – Gyimah-Boadi
[B] Agyapa deal should be considered dead on arrival in Parliament – John Jinapor

2021-03-10

[B] UMB Signs agreement with NARMG to provide special loans to midwives
[B] Ghana will experience economic rebound in 2021—President Akufo-Addo
[B] Price of iced sachet water now 30p
[B] All national ID numbers to become tax numbers from April - President Akufo-Addo
[B] Government will engage Parliament about Agyapa deal – Akufo-Addo

2021-03-09

[B] Stop 'examining' foodstuffs before buying them – market women to buyers
[B] Ghanaians to use COVID-19 Vaccination App to book appointment
[B] GRIDCo Explains Sunday's Nationwide Power Shutdown

2021-03-08

[B] Cement price goes up
[B] Village Savings and Loans scheme empowering rural women in Adansi north
[B] Technology is key to speeding up the global gender equality agenda- NBSSI Boss

2021-03-07

[B] Ghana for 3 years was described as one of fastest growing economies - Akufo-Addo
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Business

[ 2016-08-29 ]

Govt to issue GH¢25.3 bn between August and December 2016
Government has announced plans to issue an
estimated 25.3 billion cedis between August and
December this year.

Of the amount, 23.8 billion cedis is expected to
be used to rollover forecast maturities with the
remaining amount of 1.4 billion cedis being fresh
issuance to meet government’s financing
requirements.

A statement from the Bank of Ghana said, “In
accordance with the Government’s MTDS, the Bank
of Ghana, on behalf of the Ministry of Finance,
announces for the information of Primary Dealers,
Banks, prospective investors in the domestic
securities market and the general public, the
revised Issuance Calendar for Government of Ghana
Securities for August to December 2016.

” It also indicated that government would
consider accepting a reasonable amount above the
target to build buffers which would be used to
reduce borrowing.

Government explained it aims at continuing the
objective of lengthening its debt maturity profile
by reducing short-term borrowing, while issuing
the 91 and the 182-day bonds weekly.

Per the new calendar, 60 million cedis will be
issued every 2 weeks for the 1-Year Note, through
the primary auction.

Settlement will occur on the first and third
Mondays of each month. Also, the 2-Year Note will
be issued monthly through the primary auction with
settlement occurring on the second Monday of each
month.

While the 3, 5 and 10-Year issues will be done
through the book-building method, with settlement
on the last Monday of each month.

An amount of GH¢400 million for the 5-Year Bond
will be raised this month through reopening of the
existing 5-year Bond at a coupon rate of 24.75%
with maturity at 19th July 2021, and settlement on
29th August, 2016.

Meanwhile the statement forecasts that the 1
billion cedi 5-Year Bond for scheduled for next
month, may be issued partly in a United States
Dollar equivalent Bond, with settlement on 12th
and 26th September, 2016 for the cedi and US
Dollar Bond respectively.

Source - citibsinessnews.com


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