Report
Research Team

Ghana Coverage Aug 22 - Sep 16

• 182-day T-bill yield rises at primary T-bill auction
• Cocoa purchases reportedly fall by about 7% this season
• S&P raises Ghana's ratings by one notch to B, outlook is stable
• CPI growth accelerates to 9.9% y/y in August
• Government hires McKinsey to improve revenue collection
• Cocobod to start commercial shea nut farming next year
• Civil society groups oppose bauxite deal with China
• First oil licensing round to be launched on Oct 5
• Country to get USD 190 tranche under MCC compact after meeting conditions
• PMI signals improvement in business conditions in August
• Non-resident holdings of domestic bonds stands at 37.5% at end-July
• Government signs USD 2bn financing deal with China
• Government considers issuing USD 50bn century bond - president
• 91-day T-bill yield rises further at primary T-bill auction
• Fitch affirms Ghana's ratings at B with stable outlook
• Energy think-tank projects stable fuel prices in September
• Country signs GBP 20mn trade and economic agreement with UK
• Yields inch up at primary T-bill auction
• Eleven file candidacies for opposition NDC's presidential ticket
• National airline to be established by yearend – minister
• PPI inflation picks up further to 8.2% y/y in July
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