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Tuesday July 22, 2014
 
 
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Ghana to issue 400 million-cedi 3-yr domestic bond on July 31

 

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.........

 

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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

 

 

 

 

 

Over 20 Companies In Tema To Close Down Soon

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

 

 

Ghana to issue 400 million-cedi 3-yr domestic bond on July 31

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

   

Money for Sanitary Pads?

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

 

 
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