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Locked-up Investment Holders Forum to picket Ministry of Finance

Locked-Up Investment Holders Forum picket Bank of Ghana to demand payment

Locked-up Investment Holders Forum says it will begin picketing the ministry of finance for the Minister to make financial provision to enable the bank of Ghana to revoke the licenses of insolvent finance houses and savings and loans companies and pay investors’ funds. In a statement signed by the Convener of the group, Dr Adu […]

Pensioners opt out of new Domestic Debt Exchange Programme (DDEP)

DDEP

By Precious Asamoah Okure-Asamoah  Bondholders, including pensioners, have been invited by the Government to be part of the fresh Domestic Debt Exchange Programme (DDEP), which will be restricted to ESLA Plc and Daakye Trust Plc bonds. The Pensioner Bondholders Forum has declared its intention not to be part of the Programme.  This was contained in […]

Expect payments on matured bonds within 48 hours – Government tells bondholders

Ghana's economic outlook remains positive following recent gains and stability in economy - Finance Minister

Government says processes for paying matured coupons on outstanding bonds commenced on Monday, and urged bondholders to expect such payments to hit their accounts within the next 48 hours. This was captured in a statement issued by the Ministry of Finance this evening. The Ministry of Finance announced that payment dates for subsequent maturities will […]

Government resumes payment on old bonds by March 13

Government resumes payment on old bonds by March 13

Government is taking administrative steps to ensure that payments of coupons and principals of old bonds would resume by March 13, 2023, the Ministry of Finance has said. The Ministry has also indicated that newly issued bonds that have been settled and listed will become the new benchmark bonds for the fixed income market. “The […]

Domestic Debt Exchange Programme extended to February 7 with fresh terms

Domestic Debt Exchange Programme extended to February 7 with fresh terms

By: Rebecca Ekpe A Press release from the Ministry of Finance dated Tuesday, January 31, 2023 has indicated that the Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. A new settlement date of Tuesday, February 14, 2023 is expected to be made public and confirmed via the […]

Ministry of Finance to resolve 16-month unpaid salaries of Special Prosecutor

Special Prosecutor

Chairman for the Committee on Constitutional, Legal and Parliamentary Affairs Kwame Anyimadu Antwi says the Finance Ministry has been engaged on the issue of a 16-Month unpaid salary for the Special Prosecutor, Kissi Adjapeng, and the matter would soon be resolved. ”But Mr. Speaker, all our reports et al are physically ready for laying. What […]