Ghana faces rising debt costs on return to bond market

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• PEKI TUMU 10 years ago

  Whyis this government so much into borrowing ?

  Whyis this government so much into borrowing ?

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• KOO 10 years ago

  The whole Ghana economic machinery is grinding to a halt.Borrowing has got its limitations and sooner or later we will reach the apex of it.Mahama and his men are doing things their own way refusing and sometimes seeing other ...
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  The whole Ghana economic machinery is grinding to a halt.Borrowing has got its limitations and sooner or later we will reach the apex of it.Mahama and his men are doing things their own way refusing and sometimes seeing others with different views as enemies.

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• Joe Turkey 10 years ago

  Ghana is the worst performing nation among all of Bloomberg' emerging markets. Very soon, the government will be issuing what the financial markets call junk bonds. With government spending, inflation and unemployment at thei ...
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  Ghana is the worst performing nation among all of Bloomberg' emerging markets. Very soon, the government will be issuing what the financial markets call junk bonds. With government spending, inflation and unemployment at their highest ever, energy availability is at its lowest. These junk bonds will probably have to be issued at anywhere between 50 and 75%, and with guarantees, for any risk-seeking investor to take a second look. Issuing new debt to pay the old is a sign of desperation - and failure. I wonder if our parliament of butchers, tailors and bedwarmers understand any of these economic issues before voting on the loans they approve.

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• Naayale Woyome 10 years ago

  Idiots.

  Idiots.

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