Ghana’s 55% Debt to GDP Target Not Feasible -S&P
Ghana’s 55% debt as a proportion of gross domestic product (GDP) target for 2028 does not appear feasible, S&P Global Ratings said in an African Domestic Debt report.
Zimbabwe Stops Foreign Currency Borrowing
Amidst weakening local currency, Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles...
Ghana’s Inflation Rate Climbs to 42.2%
Ghana’s headline inflation rate accelerated to 42.2% year on year in May, a 100 basis point increase from 41.2% in April, the statistics said in a statement on Wednesday...