Domestic Debt Exchange Program: New Deadline Set for Feb 7

Domestic Debt Exchange Program: New Deadline Set for Feb 7

The government of Ghana has pushed back the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry revealed in a press statement that a new settlement date of February 14, 2023, will be confirmed through the updated Exchange Memorandum. Despite some disagreements regarding the DDEP, the Ministry stated that…

South Africa urges MTN and Ghana to settle $773m tax conflict
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South Africa urges MTN and Ghana to settle $773m tax conflict

South Africa‚Äôs Foreign Minister, Naledi Pandor, has expressed concern over the ongoing tax dispute between mobile operator MTN Group and the Ghana Revenue Authority. The dispute, which involves an outstanding bill of $773 million, has put the two organizations in a stalemate. The dispute began earlier this month when the Ghana Revenue Authority issued a…