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Moody’s upgrades Ghana’s rating to “Caa2”

Ghana’s long-term local and foreign currency issuer ratings have been improved by international credit rating agency Moody’s to “Caa2” from “Caa3” and “Ca,” respectively. The upgrading is attributed to comprehensive debt treatment that has greatly reduced the government’s financial responsibilities. Ghana was upgraded by Moody’s on Friday, October 11. Additionally, …

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Galamsey Fight: Government withdraws controversial L.I 2462

Parliament has been presented with a revocation instrument by the government on the Environmental Protection (Mining in Forest Reserves) (Revocation) Instrument. L. I. 2462, which set rules for mining in areas of preservation. When Organized Labour announced that it was going to go on strike over the detrimental effects of …

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