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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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Ghana Association of University Administrators suspend strike

The nationwide strike has been suspended, according to the Ghana Association of University Administrators (GAUA). The suspension “is to allow for further engagement with the Government on outstanding conditions of service concerns,” according to a communiqué sent by university authorities on October 11. “All members of the Association are, therefore, …

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