Fitch Solutions is anticipating significant public expenditure overruns by the Government of Ghana ahead of the December 2024 general elections. According to the UK-based firm, this...
Fitch Ratings has upgraded Ghana’s Long-Term Local Currency Issuer Default Rating (IDR) from restrictive default (‘RD’) to ‘CCC.’ The upgrade comes on the heels of Ghana’s...
Fitch Ratings has affirmed FirstRand Bank Limited’s (FRB) Long-Term Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook. According to the UK based firm, FirstRand...
Ghanaian banks could face significant pressure on their capitalisation due to the restructuring of local-currency (LC) sovereign debt, Fitch Ratings says. Fitch believes banks will suffer...
Fitch Solutions believe that political risk in Ghana will increase over the coming months due to growing division within the ruling party and worsening economic conditions....
Fitch Solutions has issued a word of caution to both domestic and foreign investors of increased project costs and potential investment delays in Ghana’s infrastructure sector....
Ratings agency, Fitch, has affirmed Guaranty Trust Bank (Ghana) Limited’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook and Viability Rating (VR) at...
An international ratings agency, Fitch, has downgraded the country’s long-term default rating to B negative over concerns that the economy faced increased risks in servicing its...
The rate of economic growth in the country is expected to shrink slightly by 0.3% to 4.5% by the end of this year says Fitch Solutions...
Fitch Ratings has revised its outlook on Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘B’. According to...