Tag: Restructuring
We Will Address Arrears As Part Of External Debt Restructuring – Government To IPPs
Government has assured Independent Power Producers (IPPs) that it is taking the necessary steps to address the energy sector arrears as part of its external debt restructuring. This is to forestall the build-up of future arrears and improve on efficiency within the sector. In a letter to the IPPs signed by the Finance Minister, Ken …
We Will Address Arrears As Part Of External Debt Restructuring – Government To IPPsRead More
FirstRand Writes-off 57% Of Ghana Bonds Value Amid Debt Restructuring
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
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