MUSIC
Ghana’s Public Debt Hits $23.7bn
Ghana's total public debt rose to 94.5 billion cedis ($23.7 billion) by end-June, equivalent to 71 percent of gross domestic product (GDP), up sharply from 67 percent the previous month due to currency depreciation, the central bank said on Friday.
Ghana signed a three-year aid deal with the International Monetary Fund in April in a bid to stem a slide in the cedi currency, curb inflation, and tackle its growing debt.
The government has launched a debt restructuring strategy which focuses on the issuance of more long-term securities, mostly of five- and seven-year maturities.
It plans to issue a fourth Eurobond of up to $1.5 billion this month to fund spending and refinance part of the debt.
External borrowing amounted to 58.6 billion cedis, representing 44 percent of GDP at the end of June, the bank said in a data on its website.
In addition to low commodities prices, expectations of a rate rise by the U.S. Federal Reserve have kept the dollar strong and added to pressure on emerging currencies like Ghana's cedi.
The currency has weakened 13.8 percent since January, according to the central bank.
Gross foreign assets dipped to 2.8 months of import-cover at the end of July, from 2.9 months at the end of June.
The Bank of Ghana's Monetary Policy Committee is set to announce a rate decision on Monday and analysts expect bank to keep the rate steady at 24 percent in a continued support for the cedi ahead of the U.S. rate decision next week, a Reuters poll showed on Thursday.
The rate rose to 24 percent from 22 percent after the bank merged the policy rate with its reverse repo rate last in July.
Source: Reuters
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MUSIC
Ace Cube – Nekpoo (Mixed By Startick)
Ghanaian artist Ace Cube makes a vibrant comeback with his latest track, “Nekpoo,” mixed by Startick. The title, derived from the Ewe language, translates to “stay cool,” embodying the song's laid-back essence and uplifting message.
“Nekpoo” is a fusion of Afrobeat/Amapiano elements and catchy melodies, creating an infectious rhythm that encourages listeners to unwind and enjoy the moment.
Startick's adept mixing brings out the best in the track, enhancing its overall sound quality and appeal.
The song's chorus, coupled with its positive lyrics, promotes a sense of optimism and happiness, making it a perfect addition to any playlist. Ace Cube's return with “Nekpoo” showcases his musical prowess and ability to connect with audiences through feel-good tunes.
With its catchy beats and uplifting vibe, “Nekpoo” is set to captivate listeners and solidify Ace Cube's position as a promising talent in the Ghanaian music scene.
Stream and Download Below
Ace Cube – Nekpoo (Mixed By Startick)
AUDIOMACK
SOURCE: Dklassgh.Com
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MUSIC
Rizzlah Stylah – Pepper (Prod by HBeat Pro)
Ghanaian Reggae Dancehall sensation Rizzlah Stylah has just released a scorching new Afrobeatz single titled “Pepper,” with production credits going to the talented HBeatPro.
Known for his infectious energy and captivating rhythms, Rizzlah Stylah brings a fresh vibe to the Afrobeatz scene with this latest release.
Rizzlah Stylah's new single “Pepper” takes a fresh approach to the love song genre, blending elements of Dancehall and Afrobeatz to create a captivating musical experience.
The track explores themes of passion, desire, and the intensity of romantic relationships, adding a spicy twist to traditional love song narratives.
LISTEN HERE – https://distrokid.com/hyperfollow/rizzlahstylah/pepper-2/
“Pepper” is a high-energy track that showcases Rizzlah Stylah's lyrical prowess and his ability to blend traditional Ghanaian sounds with modern beats seamlessly. With its catchy hooks and irresistible groove, the song is sure to get listeners on their feet and moving to the rhythm.
HBeatPro's production skills shine through on “Pepper,” creating a rich sonic tapestry that complements Rizzlah Stylah's dynamic delivery. The result is a track that not only entertains but also leaves a lasting impression.
Fans of Ghanaian music and Afrobeatz enthusiasts alike are in for a treat with “Pepper.” It's a testament to Rizzlah Stylah's talent and versatility as an artist, and it's bound to make waves in the music scene.
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Rizzlah Stylah – Pepper (Prod by HBeat Pro)
Audiomack
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MUSIC
Khedie – Higher (Prod by KD DeBeatBoss)
Ghanaian Musician cum song engineer Khedie has recently released a soul-stirring new song titled “Higher,” Produced by KD DeBeatBoss himself. In this uplifting track, Khedie expresses his gratitude and praises to God for His continuous goodness and mercy throughout the years.
“Higher” is more than just a song; it's a heartfelt expression of faith and appreciation for the blessings and guidance received. Khedie's lyrics resonate with themes of thanksgiving, acknowledging God's faithfulness and the impact of His grace in every aspect of life's journey.
With KD DeBeatBoss's expert production, “Higher” delivers a powerful musical experience that combines captivating melodies, stirring vocals, and uplifting instrumentation. The song's arrangement uplifts the spirit, creating an atmosphere of worship and celebration for listeners.
Khedie's vocal delivery is sincere and heartfelt, conveying a deep sense of gratitude and reverence. “Higher” serves as a reminder to count one's blessings and to always acknowledge the source of strength and inspiration.
As Khedie shares his testimony through “Higher,” listeners are encouraged to reflect on their own journey and the moments of divine intervention and provision in their lives. The song's message of praise and thanksgiving resonates across different audiences, making it a standout track in the realm of gospel-inspired music.
“Higher” by Khedie is a testament to the power of faith and the transformative impact of acknowledging God's goodness. It's a song that uplifts, inspires, and invites everyone to join in celebrating the greatness of the Almighty.
Stream and Download free music below
Khedie – Higher (Prod by KD DeBeatBoss)
AUDIOMACK
SOURCE: Dklassgh.Com
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