Reuters, July 22, Ghanadot - The Bank of Ghana
will issue a 400 million-cedi ($117 million) three-year
domestic bond on July 31 to support the government's
budget, head of the treasury Yao Abalo said on Monday.
The auction, which is open to foreign investors, is the
first of two domestic bonds planned for the second half
of 2014.....
A similar auction held in May attracted a yield of 24.44
pct, and analysts forecast the new issue could attract
between 23 percent and 25 percent.........
Ghanaweb, July 22, Ghanadot - Parliament has
passed the Ghana Infrastructure Investment Fund Bill,
2014 whose purpose is to establish an infrastructure
fund that is wholly owned by the Republic of Ghana to
mobilise and provide financial resources to manage,
co-ordinate and invest in a diversified portfolio of
infrastructural projects in the country for national
development..........More
SpyGhana, July 22, Ghanadot - More than 20
companies in the Tema Metropolis are due to close down
by October due to the country’s economic decline,
Solomon Kotei, General Secretary, Industrial and
Commercial Workers Union (ICU), announced on
Monday...According to him, “more than 20 companies in
Tema are threatened to close down by the end of October
if things continue this way. The shutdown would lead to
the laying off of over 4,000 workers.”....More
Reuters, July 22, Ghanadot - The Bank of Ghana
will issue a 400 million-cedi ($117 million) three-year
domestic bond on July 31 to support the government's
budget, head of the treasury Yao Abalo said on Monday.. . More
Commentary, July 22, Ghanadot - Far be it from me to
trivialise attempts by any government of Ghana to institute
measures that improve education in the country...
Consequently, in principle, I should not have any problems with
the John Mahama-led government of the National Democratic
Congress (NDC) procuring a World Bank loan for the Ghana
Education Improvement Programme for various educational
improvement programmes.....More
