Fitch Rates Ghana’s $1bn partially Guaranteed Notes ‘BB-‘
Fitch Ratings has assigned Ghana’s USD1bn partially guaranteed notes a final ‘BB-‘ rating. The bonds benefit from a partial credit guarantee (PCG) provided by...
Deregulation creates unhealthy competition among OMCs
Government’s decision to deregulate the petroleum sector last June has created an unhealthy competition among Oil Marketing Companies (OMC) as scores of operators in...
Issuance of US$400m guarantee for Eurobond – World Bank
The World Bank has explained that it could not issue a full guarantee for the recent Eurobond because it is against the institution’s practice....
Zen petroleum receives ISO 9001 certification
ZEN Petroleum a Ghanaian owned Oil Marketing Company has attained ISO certification following months of rigorous assessment.
ZEN was awarded the certification after meeting the...
Ghana pays US$10m to N-Gas
Government has settled part of its debt to the West African Gas Pipeline Company (WAPCo) and Nigeria Gas Association, N-GAs, following the first round...
Malicious adware ‘Kemoge’ targets Android devices
Kenya may soon be the next country in Africa after Egypt to be hit by a new malware targeting Android devices.
FireEye security researchers discovered...
World Bank urges govt to contain spending
International financial institutions have raised the red flag on what they say is runaway government spending amid a financial crunch.
World Bank Country Director for...
Liquid Telecom Kenya protects fibre network against El Niño
Liquid Telecom has completed a two-month project to protect its network from signal failures during the anticipated heavy El Niño rains.
According to the Internet...
