Ghana

In a recent development, the Police Management Board (POMAB) in Ghana has summoned Accra Regional Police Commander, COP Sayibu Gariba, to answer for the excessive force demonstrated by the police during the #OccupyJulorbiHouse protest. The protest, which saw demonstrators express their discontent with the government's economic policies and alleged corruption, was met with a forceful response from the police on September 21. This led to the arrest of nearly 50 individuals, including journalists. The incident has drawn sharp criticism from the citizens of Ghana, who have accused their police force of using unnecessary force against unarmed civilians. Recognizing the seriousness of the incident, the Police Service has taken the first step towards accountability – questioning COP Gariba and requesting a thorough explanation for the incident. In addition, a comprehensive investigation into the incident is underway. (Also Read...

The government of Ghana has reopened its Domestic Debt Exchange Program, providing another opportunity for holders of bonds from E.S.L.A. Plc and Daakye Trust Plc to trade their holdings for a new package. This fresh invitation is a continuation of the exchange program that closed in February 2023, aimed at those bondholders who were unable to participate due to various delays. This reopening has been initiated in response to a number of bondholders who were unable to participate in the February 2023 exchange due to various delays. The Ministry of Finance is encouraging holders of these domestic notes and bonds, known as Eligible Bonds, to voluntarily accept this invitation. However, it's important to note that the invitation is not accessible to all. It is only available to registered holders of Eligible Bonds who are not Pension Funds. Exclusion of Previous Participants If bondholders have already tender...