Tag: debt restructuring
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TOR Pursues KPMG Audit and Debt-to-Equity Swap to Cut US$517m Burden
The Tema Oil Refinery (TOR) is pursuing a multi-track financial restructuring strategy to reduce its staggering US$517 million debt burden, with plans ranging from...
Mahama: Ghana Now Paying Every IPP Bill on Time as US$1.7bn Debt Restructured
President John Dramani Mahama has told business leaders that Ghana is settling the monthly electricity bills of Independent Power Producers (IPPs) without fail, describing...
Deloitte Walks Investors Through the Numbers Behind Ghana’s Recovery
Ghana's journey from the edge of economic collapse to one of Africa's fastest-recovering markets is being laid out in precise detail for international investors,...
Government Announces Sweeping Cocoa Sector Reforms
Government will convert billions of cedis in debt, cut cocoa producer prices, and mandate local processing for at least half of Ghana's cocoa beans...
Multilateral Debt Surges 57 Percent as Ghana Pivots from Commercial Borrowing
Ghana's multilateral debt obligations increased 57 percent from $7.76 billion in the third quarter of 2022 to $12.18 billion by September 2025, marking a...
