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Ghana raises $2b sovereign bond 

Ghana has raised a total of $2 billion from its 2018 sovereign bond issuance, which was concluded on Thursday May 10, 2018 – an indication of a strong investor confidence. The 10-year bond raised $1.0 billion at 7.627%, while the maiden 30-year bond raised another $1.0 billion at 8.627%.  A statement, issued by the Public …

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Ghanaians to be able to use PayPal by 2020

Ghana is one of the countries from where PayPal, one of the most popular and secure online global payment platforms can’t be used. But Ghanaians will soon be able to use the platform when the country becomes compliant, the Vice President, Dr. Mahamudu Bawumia said today May 10, 2018 in …

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Sub-Saharan Africa economy to grow by 3.5% – IMF

The economy of Sub-Saharan Africa will recover modestly from 2.8 per cent growth in 2017 to 3.5 per cent in 2018, the International Monetary Fund (IMF), has said. According to the IMF’s latest Regional Economic Outlook for sub-Saharan Africa, dubbed: “Sub-Saharan Africa: Domestic Revenue Mobilisation and Private Investment,” the Region …

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WTO expects 4.4% growth in global trade in 2018

The World Trade Organisation (WTO) says world merchandise trade growth which posted its largest increase in six years in 2017 is expected to remain strong in 2018 and 2019. The anticipated merchandise trade volume growth of 4.4 per cent in 2018, as measured by the average of exports and imports, …

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Coalition cites Ghana’s weak justice system as bane to galamsey fight

The Media Coalition Against Galamsey (MCAG) has identified the justice delivery system as the weakest link in the fight against illegal small-scale mining, also known as galamsey. It said from investigators to prosecutors to the Judiciary have not been helpful and urged the courts to incorporate deterrence in applying the …

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