The Ghana Revenue Authority has retrieved over $93 million and ¢421 million from multinational and local companies operating in the country through its ‘Informants Reward Scheme’.
Following the exemption of Treasury bills from the domestic debt exchange programme, investor interest in the short-term securities continue to rise sharply. This is coming after the government recorded about 73% oversubscription of T-bills sale.
The Ghana Securities Industry Association (GSIA) has rejected the Debt Exchange Programme offered by government. The association, which is made up of security exchange firms, as well as investment and capital market operators argue that the programme is not acceptable in its current form.