Vol 64 No 8 | GHANA After delays, new hope for a debt deal 13th April 2023 Geopolitical shifts and multilateral concessions at the Washington meetings could speed up Accra's IMF deal In the end, the sceptics were correct. President Nana Addo Dankwa Akufo-Addo's promise in his State of the Nation speech that the US$3 billion IMF Extended Credit Facility... READ FOR FREE
Vol 64 No 8 | GHANA Banks count the cost of debt restructuring 13th April 2023 The government's debt exchange deal piles up pressure on the banks and the wider economy After much lobbying and protest, Ghana's pension funds avoided the onerous terms of the government's domestic debt exchange finalised in February. Few others in finance were celebrating with...
Vol 64 No 8 | GHANA The Opposition hides its teeth 13th April 2023 Despite a near hung parliament, the opposition has done little to challenge the government An evenly split Parliament between the ruling New Patriotic Party (NPP) and the opposition, National Democratic Congress (NDC) appears not to have resulted in greater parliamentary oversight over...
DISPATCHES Vol 64 No 7 | GHANA Finance minister Ofori-Atta talks up progress on China debt 28th March 2023 Accra is trying to navigate the east-west geopolitics of debt negotiations 'Great progress and on all fronts', was finance minister Ken Ofori-Atta's verdict following two days of meetings with Chinese counterparts in Beijing, with the finance ministry briefing reporters... READ FOR FREE
Vol 64 No 7 | GHANA A commission under fire 30th March 2023 The appointment of three new members to the seven-member electoral commission has prompted concerns that the governing New Patriotic Party (NPP) is packing the institution ahead of what...
Vol 64 No 6 | GHANA Fights over debt and public spending are shaping the election campaign 13th March 2023 The opposition is revelling in criticisms of the government's economic management by the Auditor-General, who is in the spotlight again In a rowdy session in parliament on 8 March, President Nana Addo Dankwa Akufo-Addo used his state of the nation address to explain how the government planned to...
Vol 64 No 6 | GHANA Khaki vigilantes 16th March 2023 The Ghana Armed Forces have come under fierce public criticism following an apparent vigilante operation they conducted at Ashaiman, a densely populated town near Tema, in the Greater...
Vol 64 No 2 | GHANA The succession race starts 19th January 2023 There's no date yet for the ruling New Patriotic Party's (NPP) presidential primaries but prospective candidates are preparing for the elections required within 12 months of the next...
Vol 64 No 1 | GHANAAFRICA IN 2023 Financial meltdown weakens NPP 5th January 2023 Pushed into a U-turn as it negotiates a $3 billion bailout with the IMF, the governing party’s credibility has crashed Militants of the main opposition National Democratic Congress (NDC) have a spring in their step in the new year as they gear up to fight the December 2024...
Vol 64 No 1 | GHANA Ructions over debt deal hold up IMF bailout 2nd January 2023 Political fights over where the cuts should fall are testing finance minister Ofori-Atta's staying power and may prolong the crisis The speed at which the IMF and finance minister Ken Ofori-Atta's treasury team agreed a provisional deal for a US$3 billion bailout in mid-December after intensive talks and...