Tag: Bonds

FirstRand Limited, Africa’s biggest bank by market capitalization, has written off more than half the value of its holdings of Ghanaian bonds as the country grapples with a restructuring of its sovereign debt.  The South African lender disclosed in a statement on Thursday, March 2, 2023. The bank said it had impaired $27.3 million to …

FirstRand Writes-off 57% Of Ghana Bonds Value Amid Debt RestructuringRead More