Ghana | Africatime
Wednesday 02 September 2015

Ghana

(Reuters (Eng) 09/02/15)
Ghana's Cocobod has paid back a $1.7 billion loan it received from international lenders last year, its spokesman said on Tuesday, putting to rest fears of default by the regulator due to this year's dismal harvest. Noah Amenyah, head of public affairs, said Cocobod retired the loan before the deadline last week. Ghana, the world's second-largest cocoa producer after Ivory Coast, is experiencing a poor cocoa harvest this year with output down 23 percent over last year due to harsh weather and poor agronomic practices. The production shortfall sparked fears among investors that the regulator would default on the loan. "I am happy to say that we paid up the last tranche (of the loan)...
(Reuters (Eng) 09/02/15)
GHANA faced down the first major challenge to an International Monetary Fund (IMF) austerity programme last week when doctors suspended a three-week strike. But a bigger test of President John Mahama’s commitment will come next year as he fights for re-election. The IMF deal is designed for it to restore fiscal stability and kick-start growth in a country that recently lost its reputation as one of Africa’s strongest economies after years in which its GDP grew at around 8% thanks to gold, cocoa and oil exports. The end of the strike by the Ghana Medical Association makes it easier for the government to honour the $918m IMF programme in the short term. It also strengthens Mahama’s hand should other disaffected...
(Graphic Online 09/02/15)
The International Monetary Fund (IMF) Board Tuesday approved the disbursement of $116.6 million to Ghana. A statement issued by the IMF said the approval followed the completion of the first review of Ghana’s economic performance under the programme supported by an Extended Credit Facility (ECF) arrangement “Completion of the review enables the disbursement of $116.6 million, bringing total disbursements under the arrangement to about $233.1 million,” it said. The statement said in completing the review, the Executive Board granted waivers...
(Graphic Online 09/02/15)
The Ministry of Power has directed the Load Management Committee to reduce the load being shed for the industrial sector from 130 megawatts (MW) to 100MW with immediate effect. A statement issued in Accra yesterday explained that the ministry’s directive followed improvement in power generation which has led to significant improvement in electricity supply. The Load Management Committee was set up by the then Ministry of Energy to manage the power crisis. Although details of the improvement in the power...
(Ghana Web 09/02/15)
Ghana has earned $3 billion from oil since the beginning of commercial production in April 2011. According to the Petroleum receipts report, the money was earned from the country’s share of crude oil that was exported, as well as taxes paid by companies operating in the country’s oil fields. The report said $1.2 billion was used to fund projects outlined in the budget. The Ghana National Petroleum Authority (GNPC) received a total amount of $908.28 million, equivalent to 30 percent...
(Graphic Online 09/02/15)
The Embassy of Israel in Ghana has committed itself to playing a key role in having Israeli companies invest in the Ghanaian economy. Mr Ami Mehl, the new Israeli Ambassador to Ghana, hinted that by the end of the first quarter of 2016, the Isreali Government government would begin investing substantial resources in the Ghanaian economy. He dropped the hint after a 10-hour tour of six companies belonging to the Zoomlion and the Jospong groups of companies to have first-hand...
(Bloomberg 09/02/15)
Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the price of ship fuel plunges, opening up trading opportunities. At least five tankers will deliver refined products to European ports in August and September, sailing around South Africa rather than using the normal shortcut through Egypt’s Suez Canal, ship tracking data show. The falling cost of fuel oil, used to power ships, has made longer voyages viable at a time when there are advantages for traders to keep cargoes at sea.
(Bloomberg 09/02/15)
Nestle SA said KitKat will become the first global chocolate brand to make all its products with sustainably sourced cocoa as the chocolate industry faces allegations of child labor in the supply of raw materials. All KitKat bars will be made with cocoa accredited by independent third parties by the first quarter of 2016, the Vevey, Switzerland-based company said in a statement Monday. That includes those made in the U.S., which are produced by license holder Hershey Co. The chocolate...
(Reuters (Eng) 09/01/15)
The International Monetary Fund's board on Monday approved a second disbursement to Ghana under an aid deal and urged the government to adhere to the programme's terms to stabilise the economy. Ghana was one of Africa's fastest growing economies, with exports of gold, cocoa and oil, but since 2013 its economy has endured a stubborn deficit, inflation above government forecasts, and a debt-to-GDP ratio of nearly 70 percent. The West African country entered the $918 million programme in April and the board approved the $116.6 million disbursement after a positive first review conducted at staff level in June. "The government should firmly continue with its fiscal consolidation efforts
(Starrfmonline 09/01/15)
Prices of fuel in Ghana are expected to be reviewed downward today following a drop in oil prices on the world market. The price of Brent crude on the world market has fallen by 18 percent, within the last pricing window, coupled with a Ghana Cedi depreciation of nearly 1.3 percent within the period. Meanwhile, the Chamber of Petroleum Consumers is predicting an eight percent reduction. The Executive Secretary of the Chamber of Petroleum Consumers Duncan Amoah told Starr Business...
(Gbc Ghana 09/01/15)
The IMF has approved $166 million to Ghana. This was after a board meeting in Accra on Monday that completed the first review of Ghana’s Extended Credit Facility. Completion of the review which enables the disbursement of about $116 million brings the total disbursements under the arrangement to $233m. In completing the review, the Executive Board also granted waivers for the non-observance of performance criteria regarding gross credit to government, and non-accumulation of external arrears, based on their minor and...
(Gbc Ghana 09/01/15)
Voting to elect new assembly members is currently underway in polling centres across the country. The exercise which was expected to commence at 7am had to be delayed in some areas due to some administrative constraints. Reports from some centers revealed that electoral materials were ready but the voters could not vote because of the problem with the verification machines. Vice President Kwesi Amissah –Arthur who voted at the Accra High School Electoral area urged people to go out and...
(Starrfmonline 09/01/15)
The Chief Finance Officer at Vodafone Ghana, Kenneth Gomado, has dismissed fears that the rate at which Ghana’s mobile money sector is growing is a threat to indigenous banking. According to him, banks were not very receptive to the Bank of Ghana’s new E-Money Issuers Guidelines and Agent Guidelines. “The response from banks after the Bank of Ghana decided to revise the regulation to speed up the growth of the service in the country could have been more forward looking,”...
(Starrfmonline 09/01/15)
The Government and Hospital Pharmacists Association (GHOSPA) has suspended its nationwide partial strike. The decision to call off the strike was taken at an emergency national delegates meeting held on Monday, August 31, 2015. According to a statement signed by the National Chairman of GHOSPA, Stephen Corquaye, the decision to call off the strike was as a result of progress made with the current on-going discussions with relevant state institutions, the persistent plea from the general public, clients and other...
(Gbc Ghana 09/01/15)
The Minister of Power, Dr. Kwabena Donkor, has directed the Load Management Committee to reduce the load being shed currently for the industrial sector from 130 to 100 megawatts with immediate effect. A statement issued in Accra today, and signed by the Head of Public Affairs, Kweku Sersah-Johnson attributed the 30 Megawatts reduction in the load shed for industry to an improvement in the electricity supply situation. The statement said the Ministry is keeping a close eye on developments in...
(The Observer 09/01/15)
Last month, it was asserted under this column that Eurocentric culture which enabled white people to dominate the world with effect from 1492 was warlike in essence as opposed to black civilisation which was pacifist in nature. In this essay, an attempt is made to account for the difference in approach. Readers will recall that in the fateful year, 1492, Christopher Columbus landed in the Americas and Moors (Black Africans and Arabs) were pushed out of Europe back to Africa.
(Bloomberg 09/01/15)
As people fleeing their homelands braved the risk of drowning to sail north toward Europe this year, Ibrahima Sarr crossed the Mediterranean in the other direction. He came home to Senegal, after almost a decade hawking counterfeit Louis Vuitton handbags on Spain’s southern beaches, to fulfill his dream of starting a business. Instead of made-in-China fashions, Sarr now sells rice, onions, potatoes and cooking oil in his neon-lit grocery store at the bustling Keur Mbaye Fall market in an eastern...
(Myjoyonline 08/31/15)
The IMF Board is expected begin meeting Monday to find out how Ghana has fared under the three-year bailout programme. The review - the second since the deal was struck - is seen as crucial because if Ghana secures the board’s approval, it will pave the way for the release of some 114 million dollars from the Fund to support the country’s import bill. The funds will also help prop up Ghana’s reserves to help stabilize the depreciating Ghana cedi...
(Reuters (Eng) 08/31/15)
Ghana faced down the first major challenge to an IMF austerity programme on Monday when doctors suspended a three-week strike but a bigger test of President John Mahama's commitment will come next year as he fights for reelection. The International Monetary Fund deal is designed to restore fiscal stability and kickstart growth in a country that recently lost its reputation as one of Africa's strongest economies after years in which its GDP grew at around 8 percent thanks to exports of gold, cocoa and oil.
(Spy Ghana 08/31/15)
A study carried out in 2014 by the Ghana Mine Workers has revealed that 90 per cent of mine workers share of wage income is less than 10 per cent of the highest paid person. Such a wide disparity in wage inequality, according to Mr Prince William Ankrah, the General Secretary of the Union, had been a long held view in the mining industry of Ghana which the study had confirmed. Speaking at the just ended quadrennial delegates conference of...

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(Reuters (Eng) 09/02/15)
GHANA faced down the first major challenge to an International Monetary Fund (IMF) austerity programme last week when doctors suspended a three-week strike. But a bigger test of President John Mahama’s commitment will come next year as he fights for re-election. The IMF deal is designed for it to restore fiscal stability and kick-start growth in a country that recently lost its reputation as one of Africa’s strongest economies after years in which its GDP grew at around 8% thanks to gold, cocoa and oil exports. The end of the strike by the Ghana Medical Association makes it easier for the government to honour the $918m IMF programme in the short term. It also strengthens...
(Bloomberg 09/02/15)
Nestle SA said KitKat will become the first global chocolate brand to make all its products with sustainably sourced cocoa as the chocolate industry faces allegations of child labor in the supply of raw materials. All KitKat bars will be made with cocoa accredited by independent third parties by the first quarter of 2016, the Vevey, Switzerland-based company said in a statement Monday. That includes those made in the U.S., which are produced by license holder Hershey Co. The chocolate industry has faced years of criticism that producers buy cocoa from farms that practice child labor. Random visits to 200 farms in the Ivory Coast that supply Nestle found four children under 15 working in cocoa fields, according to a...
(Ghana Web 09/01/15)
Mr Gideon Quarcoo, Chief Executive Officer of the Ghana Export Promotion Authority (GEPA), says Ghana’s participation in the ongoing 84th Izmir International Fair was an opportunity to explore Turkish technology. He said building on the lessons Ghana had learnt from participating in the Izmir International Fair over the past four years, there was the need for Ghanaian companies to explore the technology used by their Turkish counterparts to enhance production and get more value for the products. Mr Quarcoo, speaking...
(Starrfmonline 09/01/15)
The Government and Hospital Pharmacists Association (GHOSPA) has suspended its nationwide partial strike. The decision to call off the strike was taken at an emergency national delegates meeting held on Monday, August 31, 2015. According to a statement signed by the National Chairman of GHOSPA, Stephen Corquaye, the decision to call off the strike was as a result of progress made with the current on-going discussions with relevant state institutions, the persistent plea from the general public, clients and other...
(The Observer 09/01/15)
Last month, it was asserted under this column that Eurocentric culture which enabled white people to dominate the world with effect from 1492 was warlike in essence as opposed to black civilisation which was pacifist in nature. In this essay, an attempt is made to account for the difference in approach. Readers will recall that in the fateful year, 1492, Christopher Columbus landed in the Americas and Moors (Black Africans and Arabs) were pushed out of Europe back to Africa.
(Gbc Ghana 08/31/15)
The NPP is of the opinion that the current register is bloated and not credible for the next general elections. The call for a new voter's register as demanded by the NPP was extensively discussed on GTV's Current Affairs Programme “Talking Point” on Sunday. The NPP still strongly stand by its demand for the creation of a new voters’ register which will guide the 2016 elections. A member of the Communications team of the party, Pius Enam Hadzidze said although...
(Myjoyonline 08/31/15)
Some professionals working with private companies at the ports are pleading with President Mahama to absorb them into the public sector as the cancellation of contracts leaves more than 500 people jobless. “Our experience and expertise are so valuable and it is expensive,” spokesperson for the group, Carl Sowah said on Joy FM’s Super Morning Show. He will no longer be working with Webb Fontaine, one of the private companies contracted by government to inspect imports and check revenue leakages...
(Spy Ghana 08/31/15)
It has emerged that one of the Muslim youth that allegedly joined the swelling ranks of the dreaded Islamic State in Iraq and Syria (ISIS) is capable of manufacturing bombs. Abukakar Mohammed, aka Brother, reportedly used to pick bomb-making tips from his computer to the amazement of his friends. He is believed to be resident at Cow Lane in Accra Central and studied at the Kwame Nkrumah University of Science and Technology (KNUST) where he obtained First Class in Nuclear...
(Spy Ghana 08/31/15)
The staff of Destination Inspection Companies (DICs) have petitioned the President to consider a transitional period for the handover to customs and final absorption of trained employees of the companies into the new scheme, which ends August 31. The Customs Division of the Ghana Revenue Authority (GRA) will from September 1, 2015, begin the implementation of the National Single Window system. The system will serve as a common platform for stakeholders to process their documents to facilitate trade and reduce...
(Gbc Ghana 08/31/15)
The Church assasin, Charles Antwi, who went to President John Mahama's place of worship with the intention to assassinate him has been released by an Accra Human Rights Court. The Court presided over by J.A Okwabi ordered the release of Charles Antwi. He said he based his ruling on the documents presented to him which clearly showed the circuit court judge, Francis Obiri, erred. The judge in a certiorari order ruled that Antwi, who has been declared mentally unstable after...
(Gbc Ghana 08/31/15)
People that patronize the Bolgatanga Regional Library have lamented on the poor state of the facility. Since the establishment of the library, there has not been any major rehabilitation. Currently, the library lacks reading and learning materials required by student’s preparing for their respective public examinations. In the face of intermittent power outages, the facility lacks a standby generator, making it uncomfortable for users to utilize the facility any time power goes off. Beyond that the library has no toilet...
(Times Live 08/31/15)
The World Bank projects that agriculture and agribusiness in Africa will grow to be a US$1 trillion industry in Africa by 2030. To promote this outcome, the continent must review its incentive structures. Agriculture averages 24% of GDP across the continent. With post-harvest activities taken into account, agriculture-related industry accounts for nearly half of all economic activity in sub-Saharan Africa. The region holds about half of the world’s fertile and as-yet-unused land - and yet it spends US$25 billion annually...
(Voice of America 08/29/15)
GENEVA— The United Nations refugee agency reports deaths are spiking as refugees and migrants cross the Mediterranean Sea in record numbers in a desperate bid to reach European countries. The U.N. refugee agency reports more than 300,000 refugees and migrants have made the perilous journey across the Mediterranean this year, trying to reach Europe. This is a huge increase over the 219,000 who made the crossing during the whole of 2014.
(Ghana Web 08/28/15)
The Adaptation Fund Board (AFB) has approved $ 8 million for Ghana to support the government to protect the climate and reduce the effect of climate change on the ecosystem and people. The AFB is the operating entity responsible for the management of the Adaptation Fund, an international fund that finances projects and programmes aimed at helping developing countries to adapt to the harmful effects of climate change. The fund was set up under the Kyoto Protocol of the United...
(Gbc Ghana 08/28/15)
Ghana is collaborating with the International Security Agencies to deal effectively with the issue of some Ghanaian youth joining the terrorist group ISIS. The recruits who are reported to use Burkina Faso and Niger as their entry points are believed not to be causing trouble. The National Security Coordinator, Yaw Donkor, disclosed this at a meeting with Executives of the Ghana Journalists Association and some Senior Journalists in Accra. Meanwhile. an International Relations Expert Dr. Alhaji Rashid Pelpou says, it...
(Gbc Ghana 08/28/15)
Ghana and Mauritius yesterday signed in Port Louis, Mauritius, a framework agreement for the development of a Technology Park in Tema. The first phase of the park, which will be developed and managed by a Special Purpose Vehicle, will be on a 6.1 hectare serviced land in the Tema Free Zones Enclave. With an initial investment of US$75million to be scaled up to US$250million, about 5000 direct jobs and thousands of indirect job opportunities will be created on completion of...
(BBC News Africa 08/28/15)
Ghana's authorities are investigating several universities over links to suspected recruitment for the so-called Islamic State (IS), officials say. IS agents recruited students after urging them to join radical online forums, National Security Coordinator Yaw Donkor told state media. Mr Donkor confirmed that two Ghanaians had travelled to join IS, the first such cases that have been reported. Ghana has so far been unaffected by Islamist militancy. Mr Donkor said there was "no reason to fear", adding that "only a...
(Ghana Web 08/27/15)
A plane has landed at Ghana’s Kotoka International Airport (KIA) carrying the former junta chief of Guinea, Moussa Dadis Camara. Camara was heading back to Conakry to campaign for his presidential bid in October but authorities in Ivory Coast, where he was supposed to make a layover, denied him landing rights and had to divert to Ghana Wednesday. Camara, who is on exile in Burkina Faso, having survived an assassination attempt a year after taking power, on Wednesday left Ouagadougou...
(Graphic Online 08/27/15)
The Inspector General of Police (IGP), Mr Mohammed Alhassan, yesterday visited Top Town and American Farm at Ngleshie Amanfro, where he assured the people that the police would not relent in their efforts to deal with armed robbery attacks in the area. He said the police would strengthen their presence with more men and surveillance in the area for the residents there to live and go about their activities without fear. Community police “We are sending the Community Policing Unit...
(Gbc Ghana 08/27/15)
More than 313,000 Senior High School (SHSs) day students are to benefit from the government’s progressively free SHS policy. The beneficiary students are from 591 selected senior high schools in the Ashanti Region and 88 in Volta, 82 in the Eastern and 67 in Brong Ahafo. 56 in Western and 54 in the Central Region, while 46 and 45 of such schools are in the Greater Accra and Northern Regions. A statement by the Acting Director General of the Ghana...

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(Reuters (Eng) 09/02/15)
Ghana has mandated Barclays, Deutsche Bank and Standard Chartered for a new bond deal, according to sources. Ghana is looking to raise up to US$1.5bn. A London and New York roadshow has been announced for the third week of September, said Trieu Pham, CEEMEA strategist at Mitsubishi UFJ Securities, citing Ghana's parliamentary finance committee. Ghana is rated B3 by Moody's, B- by Standard & Poor's and B by Fitch. (Reporting by Sudip Roy and Michael Turner, Editing by Helene Durand)
(Reuters (Eng) 09/02/15)
Ghana's Cocobod has paid back a $1.7 billion loan it received from international lenders last year, its spokesman said on Tuesday, putting to rest fears of default by the regulator due to this year's dismal harvest. Noah Amenyah, head of public affairs, said Cocobod retired the loan before the deadline last week. Ghana, the world's second-largest cocoa producer after Ivory Coast, is experiencing a poor cocoa harvest this year with output down 23 percent over last year due to harsh weather and poor agronomic practices. The production shortfall sparked fears among investors that the regulator would default on the loan. "I am happy to say that we paid up the last tranche (of the loan) including all interest charges last...
(Graphic Online 09/02/15)
The International Monetary Fund (IMF) Board Tuesday approved the disbursement of $116.6 million to Ghana. A statement issued by the IMF said the approval followed the completion of the first review of Ghana’s economic performance under the programme supported by an Extended Credit Facility (ECF) arrangement “Completion of the review enables the disbursement of $116.6 million, bringing total disbursements under the arrangement to about $233.1 million,” it said. The statement said in completing the review, the Executive Board granted waivers...
(Graphic Online 09/02/15)
The Ministry of Power has directed the Load Management Committee to reduce the load being shed for the industrial sector from 130 megawatts (MW) to 100MW with immediate effect. A statement issued in Accra yesterday explained that the ministry’s directive followed improvement in power generation which has led to significant improvement in electricity supply. The Load Management Committee was set up by the then Ministry of Energy to manage the power crisis. Although details of the improvement in the power...
(Ghana Web 09/02/15)
Ghana has earned $3 billion from oil since the beginning of commercial production in April 2011. According to the Petroleum receipts report, the money was earned from the country’s share of crude oil that was exported, as well as taxes paid by companies operating in the country’s oil fields. The report said $1.2 billion was used to fund projects outlined in the budget. The Ghana National Petroleum Authority (GNPC) received a total amount of $908.28 million, equivalent to 30 percent...
(Graphic Online 09/02/15)
The Embassy of Israel in Ghana has committed itself to playing a key role in having Israeli companies invest in the Ghanaian economy. Mr Ami Mehl, the new Israeli Ambassador to Ghana, hinted that by the end of the first quarter of 2016, the Isreali Government government would begin investing substantial resources in the Ghanaian economy. He dropped the hint after a 10-hour tour of six companies belonging to the Zoomlion and the Jospong groups of companies to have first-hand...
(Bloomberg 09/02/15)
Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the price of ship fuel plunges, opening up trading opportunities. At least five tankers will deliver refined products to European ports in August and September, sailing around South Africa rather than using the normal shortcut through Egypt’s Suez Canal, ship tracking data show. The falling cost of fuel oil, used to power ships, has made longer voyages viable at a time when there are advantages for traders to keep cargoes at sea.
(Reuters (Eng) 09/01/15)
The International Monetary Fund's board on Monday approved a second disbursement to Ghana under an aid deal and urged the government to adhere to the programme's terms to stabilise the economy. Ghana was one of Africa's fastest growing economies, with exports of gold, cocoa and oil, but since 2013 its economy has endured a stubborn deficit, inflation above government forecasts, and a debt-to-GDP ratio of nearly 70 percent. The West African country entered the $918 million programme in April and the board approved the $116.6 million disbursement after a positive first review conducted at staff level in June. "The government should firmly continue with its fiscal consolidation efforts
(Starrfmonline 09/01/15)
Prices of fuel in Ghana are expected to be reviewed downward today following a drop in oil prices on the world market. The price of Brent crude on the world market has fallen by 18 percent, within the last pricing window, coupled with a Ghana Cedi depreciation of nearly 1.3 percent within the period. Meanwhile, the Chamber of Petroleum Consumers is predicting an eight percent reduction. The Executive Secretary of the Chamber of Petroleum Consumers Duncan Amoah told Starr Business...
(Gbc Ghana 09/01/15)
The IMF has approved $166 million to Ghana. This was after a board meeting in Accra on Monday that completed the first review of Ghana’s Extended Credit Facility. Completion of the review which enables the disbursement of about $116 million brings the total disbursements under the arrangement to $233m. In completing the review, the Executive Board also granted waivers for the non-observance of performance criteria regarding gross credit to government, and non-accumulation of external arrears, based on their minor and...
(Starrfmonline 09/01/15)
The Chief Finance Officer at Vodafone Ghana, Kenneth Gomado, has dismissed fears that the rate at which Ghana’s mobile money sector is growing is a threat to indigenous banking. According to him, banks were not very receptive to the Bank of Ghana’s new E-Money Issuers Guidelines and Agent Guidelines. “The response from banks after the Bank of Ghana decided to revise the regulation to speed up the growth of the service in the country could have been more forward looking,”...
(Gbc Ghana 09/01/15)
The Minister of Power, Dr. Kwabena Donkor, has directed the Load Management Committee to reduce the load being shed currently for the industrial sector from 130 to 100 megawatts with immediate effect. A statement issued in Accra today, and signed by the Head of Public Affairs, Kweku Sersah-Johnson attributed the 30 Megawatts reduction in the load shed for industry to an improvement in the electricity supply situation. The statement said the Ministry is keeping a close eye on developments in...
(Bloomberg 09/01/15)
As people fleeing their homelands braved the risk of drowning to sail north toward Europe this year, Ibrahima Sarr crossed the Mediterranean in the other direction. He came home to Senegal, after almost a decade hawking counterfeit Louis Vuitton handbags on Spain’s southern beaches, to fulfill his dream of starting a business. Instead of made-in-China fashions, Sarr now sells rice, onions, potatoes and cooking oil in his neon-lit grocery store at the bustling Keur Mbaye Fall market in an eastern...
(Myjoyonline 08/31/15)
The IMF Board is expected begin meeting Monday to find out how Ghana has fared under the three-year bailout programme. The review - the second since the deal was struck - is seen as crucial because if Ghana secures the board’s approval, it will pave the way for the release of some 114 million dollars from the Fund to support the country’s import bill. The funds will also help prop up Ghana’s reserves to help stabilize the depreciating Ghana cedi...
(Reuters (Eng) 08/31/15)
Ghana faced down the first major challenge to an IMF austerity programme on Monday when doctors suspended a three-week strike but a bigger test of President John Mahama's commitment will come next year as he fights for reelection. The International Monetary Fund deal is designed to restore fiscal stability and kickstart growth in a country that recently lost its reputation as one of Africa's strongest economies after years in which its GDP grew at around 8 percent thanks to exports of gold, cocoa and oil.
(Spy Ghana 08/31/15)
A study carried out in 2014 by the Ghana Mine Workers has revealed that 90 per cent of mine workers share of wage income is less than 10 per cent of the highest paid person. Such a wide disparity in wage inequality, according to Mr Prince William Ankrah, the General Secretary of the Union, had been a long held view in the mining industry of Ghana which the study had confirmed. Speaking at the just ended quadrennial delegates conference of...
(Spy Ghana 08/31/15)
Ghana is actively exploring opportunities to woo investors and partners to develop and advance made in Ghana products. made in ghanaIn line with this, the Ghana Exports Promotion Authority (GEPA) and Ghanaian exhibitors at the ongoing 84th Izmir International Fair have held meetings with some Turkish potential business partners in the agricultural and transport industries. These companies are BKS Agricultural Machineries Automotive Industry and Trade Limited Company; a manufacturer of various types of agricultural machines, SepeNatural Organic Products Industry Trading...
(Gbc Ghana 08/31/15)
Mobile company, Huawei, has introduced its first voice response smart phone in Ghana. “The Huawei P8 comes with a feature that if you have preset already, will recognize your voice if you have misplaced you phone in a room. “As long as you are between a 2 to 3 meter radius, once you say the preset greeting you have put on the phone already, it will respond,” the Head of Marketing David Anku told the media at the launch. The...
(Gbc Ghana 08/31/15)
The President, John Dramani Mahama has entreated farming communities to consider agriculture as business to improve on their income rather than a cultural practice. He encouraged people in such communities to take advantage of the high demand for food crops and vegetables in the urban centers for their benefit. He reiterated government’s commitment to ensure food security through the provision of subsidised agricultural implements for farmers. President Mahama made the remarks at Ziope in the Agortime Ziope District of the...
(Myjoyonline 08/31/15)
The Agricultural Development Bank Limited (ADB) will re-open its Initial Public Offer (IPO) today after two failed attempts by the Union of Commerce, Industry and Finance (UNICOF) to stop it in court. It will be recalled that the High Court (Industrial and Labour Division II) on August 6, 2015 dismissed the UNICOF application because it had no merit. Another one filed at the Supreme Court was also struck out. A release issued by the bank today said its recommencement of...

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(Graphic Online 09/02/15)
Accra Hearts of Oak received the biggest relief of their troubled season after the GFA’s Diciplinary Committee declared them winners of their 25h week Premier League clash against arch-rivals Kumasi Asante Kotoko which they lost 2-1 on August 2 at the Accra Stadium. The boardroom verdict threw Kotoko into the middle of a raging relegation dogfight for fielding an unqualified player, in the person of Obed Owusu. The disciplinary committee yesterday upheld Hearts’ protest and awarded the Phobians with three points and three goals to give them a huge boost, leaping from the 15th position to the seventh on the league log. Kotoko were, thus, ducked six points — losing three points and three goals...
(The New Times 09/02/15)
Amavubi captain Haruna Niyonzima is confident the team has what it takes to overcome Ghana when the two sides lock horns in a highly anticipated 2017 Africa Cup of Nations Group H qualifier this Saturday at Amahoro Stadium in Kigali. Black Stars, this year’s AFCON losing finalists, have not missed a single Nations Cup tournament since 2004 when they were eliminated by Rwanda through a Jimmy Gatete goal during the last qualifier. The two sides lead their group with three points each, having won their respective ties during the first qualification round, but Ghana occupy the number one spot thanks to a superior goal difference. Niyonzima said Amavubi will go into the game looking for nothing less than maximum points...
(Starrfmonline 09/01/15)
The Black Stars of Ghana handed their Congolese counterparts a 3-2 defeat in a friendly on Tuesday at the newly constructed Kintele Stadium. The Black Stars registered their first goal when they pilled pressure on the defensive set up of the Congolese for an own goal to be scored in the 17th minute through defender Sagesse Mabele two minutes later the Black Stars made it two through Richmond Boakye Yiadom. The Congolese Pulled one back just nine minutes after recess...
(Allsports 09/01/15)
Communication Director of Asante Kotoko, Kwaku Ahenkorah has threatened that the Kumasi based club will make Ghana Football Association ungovernable should Hearts of Oak win the protest against them. Hearts of Oak filed a protest against Kotoko, challenging the eligibility of Obed Owusu claiming, he had accumulated four yellow cards making him unqualified to have featured for Kotoko when the two teams met at the Accra sports stadium on match day 25 which ended 2-1 in favour of the Porcupine...
(Starrfmonline 08/26/15)
The agent of Black Stars coach has blamed Avram Grant’s lengthy absence from Ghana on the country’s substandard players in the local league. The former Portsmouth trainer has been accused in the nation's media of going on a two-month holiday instead of staying in the country to monitor players in the local league. Majority of Ghanaians have also questioned Grant’s commitment to the national team. Reports in the media last week also indicated that the Ghana FA was angry and...
(Graphic Online 08/25/15)
Moroccan giants Raja Casablanca have made a double swoop for the striking duo of Jonathan Asamoah and Yakubu Mohammed, two of the Premier League’s leading scorers with a total of 29 goals to their credit this season. The 25-year-old Yakubu signed a two-year contract with the club yesterday after passing his medicals last Wednesday. Yakubu, who has scored 11 goals in 15 appearances for First Capital Plus Premier League leaders AshantiGold, joins the Moroccan giants on the recommendation of new...
(Ghana Web 08/25/15)
Tension is brewing between the Ministry of Youth and Sports and the Ghana Athletics Association over the reported decision by the former to send young athlete Martha Bissah to the All African Games. In a heated phone argument with the sports minister yesterday, the GAA President Professor Francis Dodoo threatened to resign if the ministry insists on the decision, Sportscrusader.com has exclusively gathered. In what has been described by the Ghana Athletics Association as direct interference in its affairs, the...
(Ghana Web 08/24/15)
Udinese midfielder Emmanuel Agyemang Badu was forced to leave Sunday evening’s 1-0 Serie A win over Juventus with an ankle injury. The 24-year-old twisted his ankle after going in for a challenge with Juventus midfielder Paul Pogba. The Ghanaian international then asked for a change and was replaced by Kone 54th minute. Badu then went to the dressing room to be evaluated with more information on the injury and the expected time of recover coming in manager Stefano Colantuono’s post-match...
(Gbc Ghana 08/24/15)
Friendship games organised on Saturday to celebrate 55 years of the establishment of Ghana-China diplomatic relations deepened economic cooperation between the two countries, moving it yonder to people-to-people relations. The sporting activities, which featured mainly tennis ball and basketball, were organised by the Ghana-China Friendship Association to stimulate sustained interaction between ordinary citizens of the two countries. The Chinese Ambassador, Mrs Sun Baohong said it was of special significance to celebrate the 55th anniversary of the establishment of bilateral relations...
(Ghana Web 08/21/15)
Swansea midfielder, Andre Ayew will look to continue his goal scoring form when in form Swansea visit a troubled Sunderland side. Ayew ,who joined the Swans on a free has proved to be an instant hit in the Premier League after goals against Chelsea and Newcastle in the first two match days of the season. The Ghanaian's technical ability and understanding with striker Bafetimbi Gomis has given Garry Monk's side a new dimension upfront and they will visit the Stadium...
(Starrfmonline 08/21/15)
The 2014 Youth Olympics gold medalist, Martha Bissah, has failed to qualify for this year’s All Africa Games (AAG). The 17-year-old needed to make a time of 2.4 seconds in the 800 metres event to qualify for Brazzaville 2015, but could only complete the race in a time of 2.11 seconds at the El-Wak Stadium, Starr Sports can confirm. Bissah became the first Ghanaian to win an Olympic gold medal at any level after running a massive personal best and...
(Star Africa 08/21/15)
Ghana international, Kevin-Prince Boateng, has failed his medical test again this summer and his move to Saudi side, Ittihad FC, has been cancelled. The former AC Milan star will no longer be joining Ittihad FC after failing another medical this summer, according to reports in Saudi Arabia. Boateng had previously failed a medical at Rami Rabia’s Sporting Clube de Portugal, after being released from Bundesliga Schalke this summer. The 28-year-old midfielder was one of two players banned by the Ghanaian...
(Ghana Web 08/20/15)
Fred Pappoe has revealed that he will not contest in the up-coming Executive Committee (Ex-Co) of the Ghana Football Association election. Pappoe has been serving on the Executive Committee of the football governing body of Ghana, since 2005 and even got the chance to serve as the Vice President of the association from 2005 to 2011. However, he has decided to quit the Ex-co, when his current term of office expires this year and also retire from the management of...
(BBC News Africa 08/20/15)
Despite winning another stint as president of the Ghana Football Association BBC Sport's Michael Oti Adjei says the jury is still out on whether Kwesi Nyantakyi is the right man for the job. Nyantakyi was elected unopposed for another four-year term on Tuesday and means he extends his decade-long tenure as head of the GFA. On the evidence of his first 10 years, he has earned the right to continue BUT there is still a huge amount of work to...
(Starrfmonline 08/18/15)
A member of the Sponsorship and Fund-raising Committee for Ghana’s All Africa Games campaign, Ben Nunoo Mensah says his committee has raised Ghc10,000 ($3000) from Telecommunication companies. He added that they have also received donations from Indomie Instant Noodles, Vaettel and Mobile Water. Though government is yet to release monies for camping of the 16 qualified disciplines, the Sponsorship Committee is under pressure to generate more funds to support preparations for the multi-sport competition. Ben Nunoo Mensah in an interview...
(Starrfmonline 08/18/15)
Incumbent Presient of the Ghana Football Association Kwesi Nyantakyi has been re-elected by popular acclamation. Nyantakyi, who has been re-elected for a third term went unopposed after the other contestants, Ofeibia Ramatu and George Ankomah, failed to submit their nominations before the stipulated deadline. He was acclaimed in Tamale, the Northern regional capital of Ghana. The election was threatened by an injunction by John Quayson who argued on the grounds that the hierarchy of the Ghana Football Association have shown...
(Ghana Web 08/18/15)
The Ghana FA has confirmed considering a pre-Afcon qualifying warm-up friendly offer from Congo. Congo who are hosting the 2015 All Africa Games beginning next month, want to face the Black Stars in the commissioning of the newly-built multi-purpose 60,000-capacity Stade Municipal de Kintélé which will be used for the competition. The Congolese sports ministry made the request through its Ghanaian counterparts to have the first teams of both nations to open the new stadium which the Ghana FA has...
(Starrfmonline 08/17/15)
Black Stars coach, Avram Grant, appears to be heading for a collision course with his employers over his insatiable craving for extended holidays in the United Kingdom, and his latest act has compelled the Ghana Football Association to respond with a query. According to a reliable source, the FA is to hand the former Chelsea of England manager a query to explain why he had overstayed his holidays outside the country at the time he was expected back in Accra...
(The Guardian 08/11/15)
Chelsea’s pursuit of defensive reinforcements looks like finally making some progress after they agreed a deal with Augsburg for Baba Rahman. The Ghana left-back, 21, has been earmarked as a long-term replacement for Filipe Luís, who was sold back to Atlético Madrid after only a season at Stamford Bridge. Negotiations have been continuing for weeks, with the Premier League champions having a bid of £17.2m (€25m) rejected over the weekend. Augsburg had been holding out for a fee closer to...
(Myjoyonline 08/06/15)
The Ministry of Youth and Sports is set to, in the coming weeks, announce a drasctic cut in the winning bonuses of the Black Stars. In the proposed plans, the current $10,000 winning bonus will be cut by 50 percent to $5,000. This is set to take effect from September, when the Black Stars engage in their next international fixture, which is an Afcon 2017 qualifier. The proposed plans are due to what, Joy Sports sources at the ministry say,...

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(Gbc Ghana 09/01/15)
Ghanaian artist Rocky Dawuni set off for Europe to continue his "Branches of the Same Tree" Summer tour. This follows similar tours to United States and Canada in July and August including headlining performances at California Worldfest in Northern California. The reggae star will spend time with stops in Denmark, Greenland, Iceland, Holland, Germany and the UK with support from Artefix Music and Neil O'Brien Entertainment. On his previous tours, he was in Harbourfront Centre in Toronto, Afrikadey Festival in Calgary, California Plaza in Los Angeles and Lincoln Center in NYC. The influential Wax Poetics Magazine published an amazing in depth interview with Rocky and the rise of his new sound "Afro Roots!" Rocky Dawuni...
(AL Jazeera 08/28/15)
The Chale Wote Street Art Festival was born in a spirit of recapturing the freedom and essence of African art in a post-colonial environment. Functioning independently of state control, the non-profit festival is free to the public and open to anyone who wants to participate. More than 10,000 people went down to Jamestown neighbourhood that hosted the event to see interactive performances, visual installations, theatre parades, live mural paintings, musical performances, conceptual fashion and expos of the 5th annual street art festival. Accra[dot]Alt, a Ghana-based production company founded in 2010, organised the festival with this year's theme "African Electronics". The festival hosted more than 200 locally and internationally based visual artists, poets, film-makers, vendors, photographers, musicians, and performance artists -...
(Starrfmonline 08/24/15)
President John Mahama has eulogized the Ghanaian Times reporter who died in the accident involving members of the presidential press corps last week. Samuel Nuamah died on the spot when the commercial vehicle in which the press corps was using flipped several times during a tyre burst incident Thursday. Several of the journalists including GBC's Napoleon Ato Kittoe, Pascaline Adadevoh and Peace FM’s William Gentu sustained serious injuries, but are recuperating at the 37 Military Hospital. The national security has...
(Starrfmonline 08/21/15)
Award-winning South African rapper, Khuli Chana has eulogized Hiplife sensation Sarkodie and BET award winner Stonebwoy, describing them as the best rappers in Ghana. He made the commendation in a chat with Jay Foley and Jeremie on Live Breakfast Club on Live 91.9 FM Friday morning. The South African act who is in town to perform as headline artiste alongside dancehall act, Stonebwoy at the Absolut Vodka After Party at Coco Lounge today, recalled with fond memories his first performance...
(Starrfmonline 08/20/15)
Musician, Kontihene, seems to have found for himself a new verbal ‘punching bag’ in Entertainment News goddess, Amanda Jissih, as his feud with Kwaw Kese intensifies. The ‘Dedeede’ singer has asserted that, miss Jissih, is compromised professionally because her conscience has been bought with a G-String underwear and GHC 5, 000 gifted her by Kwaw on her birthday. He also said Menopause was eating up the brains of the E-Talk star. Kontihene’s posts on twitter are below the belt although...
(Ghana Web 08/18/15)
In a society where people find it weird for couples to star in condom commercials, former member of defunct Ghanaian hiplife group Praye, Eugene Baah popularly known as Choirmaster who has for the past few months made a huge come back dropping one hit song after the other, together with his wife Beverly Afaglo has stared a in a new condom TV commercial. In a new commercial flying on YouTube, the two star for a new brand of condom, Cheers...
(Gbc Ghana 08/17/15)
The chiefs and people of Ga Mashie celebrated their annual Homowo festival last Saturday in spite of a court injunction by other claimants to the Ga Stool, which sought to stop the chiefs from going ahead with the celebrations. Contrary to fears expressed that there might be violence as a result of the feud, the festival was marked peacefully. There was, however, heavy police presence during the festivities. Clad in red cloth, the chiefs took turns to sprinkle kpokpoi, the...
(Ghana Web 08/17/15)
The 2014 winner of the Ghana Most Beautiful pageant, Bentie Abigail Baciara, has called for the support of Ghanaians as she represents the country at the 22nd edition of the Top Model of the World Pageant, in Qingdao, China. Baci who leaves Ghana on Wednesday, August 19 told Showbiz she was going to represent Ghana and showcase to the rest of the world what the country has to offer. She added that she was well prepared in terms of grooming,...
(APA 08/13/15)
An exclusive interview President John Dramani Mahama of Ghana granted to Ghana Broadcasting Corporation (GBC) on Thursday dominated the Ghanaian press with diverse headline stories. The Daily Graphic treated the story to a banner headline with the caption, “Return to work… And continue negotiating-President urges striking doctors”, publishing a picture of President Mahama in radio headphones, reacting to a question during the interview. The Crusading Guide wrote, “Mahama fires doctors”; The Daily Dispatch, “Mahama on doctors strike-It is illegal”; and...
(Ghana Web 08/10/15)
If we are to talk about the kings of Ghana music today, it’s none than Sarkodie and Stonebwoy. They keep winning even without trying. Yesterday, Sarkodie hosted a show in New York and it was a total success, it sold out. Sarkodie is the second Ghanaian musician to ever perform at the Apollo, the first was Akyeame and Daddy Lumba in the year 2000. Stonebwoy also hosted a show at Ashaiman and it was packed. In today’s Ghana, only Stonebwoy...
(Starrfmonline 07/29/15)
The Musicians Union of Ghana (MUSIGA) has announced that it is preparing to go to the polls in October 29 this year. According to MUSIGA, members who are not literate in English are disqualified from filing nominations to contest for positions in the union. About 150 delegates will converge at the Eastern regional capital, Koforidua, on October 29 to either retain current president Bice Osei Kuffour (Obour) or elect a new one. They will also elect executives to steer the...
(Citifmonline 07/29/15)
The Ghana Dance Festival has been launched in Accra to promote the country’s cultural heritage in the form of dance. The annual dance festival will help develop the dance industry through workshops, career development activities, exhibitions and competitions. The launch was attended by various dance groups like the Liturgy Dance Group, Ghana Dance Company, Apex Ballroom Dancing Club and Unosalsa Dance Group. The festival also seeks to foster the right partnerships that could help shape up dancers and the industry...
(Vibe Ghana 07/28/15)
Afia SchwarzeneggerIn the world of radio and TV star, Afia Schwarzenegger, having a happy family and building a successful career always have greater meaning and appeal than great looks. Noted for her strong and witty character on set and a tendency to say whatever she wants, including occasionally ridiculing people on her shows, it may come as a big surprise that she cares very little about her looks. In fact, the Kasapa FM presenter and actress admits she doesn’t have...
(Spy Ghana 07/28/15)
Awww! This is so lovely… Nollywood actors, Ramsey Nouah and actress Rita Dominic couldn’t take their hands off each other as they posed for personal photographs recently. The two are among several other African entertainers across the continent who are presently in South-Africa for the Africa International Film Festival. The pair shared a photo that showed them cuddling mildly. Source: SPARKNAIJA.COM
(APA 07/28/15)
A section of the Ghanaian media on Tuesday focused attention on the agitation by junior doctors for their unpaid salaries accumulating for over 11 months now. The Ghanaian Times published a picture of the leader of the doctors, Dr. Attafuah Kissi walking with Ghana’s Employment and Labour Relations Minister, with a caption, “Gov’t, Junior doctors strike deal.” The Finder said, “Govt to pay Junior doctors tomorrow” and the Daily Guide, “Junior doctors wild over pay”, publishing a picture of the...
(Spy Ghana 07/23/15)
Patoranking just took to Instagram to reveal his MWME (My Woman My Everything), and we were shocked by who it was. He posted the photo above as well. The reggae-dancehall singer has revealed Ghanian actress, Joselyn Dumas to be his woman and everything, if we’re to go by his post. We guess Joselyn Dumas going to the 2015 MAMAs hosted in South Africa, was also because of Patoranking, who won the Best New Act award at the event, beating Stonebwoy...
(Gbc Ghana 07/22/15)
Gospel music sensation Obaapa Christy has advised up-and-coming musicians to be patient and have faith in God. This according to her is the only way to attaining greater heights in their chosen field of endeavour. She made these remarks earlier in an interview on GTV.
(Ghana Web 07/22/15)
Today, Safe Water Network (safewaternetwork.org) announced their summer benefit concert on July 23 at the Fairfield Theatre Company in Fairfield, CT. Sponsored by Joanne Woodward-Newman and celebrating the philanthropic legacy of Safe Water Network founder Paul Newman, the benefit will directly fund access to safe drinking water in Ghana and feature the massively popular Ghanaian reggae singer Samini, performing with a full band from Ghana. Bringing together the transformative power of music and life-changing access to safe water, this benefit...
(Gbc Ghana 07/16/15)
An Educationist, Anis Haffar, has asked Ghanaian Tertiary Institutions to develop local journals for publishing research works, instead of waiting for foreign ones to determine their strengths and weaknesses. Mr. Haffar says the evidence on the ground shows that there is much to write about by the academia to deepen knowledge. His comments follow a publication by a research institution called "The Higher Education", which currently publishes the top ten universities of the continent. None of the universities in Ghana...
(The Associated Press 07/13/15)
Babajide Olatunji sold his first portrait for about $7. Seven years later, his charcoal renderings of faces with tribal markings sell for thousands of dollars. This 24-year-old's success is part of a new global recognition of the value of contemporary African art. "It's the new 'Scramble for Africa,' no longer for land, gold or diamonds, but for art," said Giles Peppiatt, who holds the only auctions of modern African art outside the continent, at Bonham's in London. "It's a rather...

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(Bloomberg 09/02/15)
Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the price of ship fuel plunges, opening up trading opportunities. At least five tankers will deliver refined products to European ports in August and September, sailing around South Africa rather than using the normal shortcut through Egypt’s Suez Canal, ship tracking data show. The falling cost of fuel oil, used to power ships, has made longer voyages viable at a time when there are advantages for traders to keep cargoes at sea.
(Voice of America 08/31/15)
Bob van Dijk’s $55 billion media company gets almost all of its value from a single Chinese investment, yet he’s more concerned about attracting Africans to Naspers Ltd.’s new video-on-demand service than about China’s economic slowdown. Naspers’ 42-year-old chief executive officer is focusing on how to beat Netflix Inc. to a potential audience of more than 1 billion across the African continent with the company’s ShowMax service, which went live in South Africa earlier this month.
(Voice of America 08/29/15)
GENEVA— The United Nations refugee agency reports deaths are spiking as refugees and migrants cross the Mediterranean Sea in record numbers in a desperate bid to reach European countries. The U.N. refugee agency reports more than 300,000 refugees and migrants have made the perilous journey across the Mediterranean this year, trying to reach Europe. This is a huge increase over the 219,000 who made the crossing during the whole of 2014.
(AL Jazeera 08/28/15)
The Chale Wote Street Art Festival was born in a spirit of recapturing the freedom and essence of African art in a post-colonial environment. Functioning independently of state control, the non-profit festival is free to the public and open to anyone who wants to participate. More than 10,000 people went down to Jamestown neighbourhood that hosted the event to see interactive performances, visual installations, theatre parades, live mural paintings, musical performances, conceptual fashion and expos of the 5th annual street...
(BBC News Africa 08/28/15)
Ghana's authorities are investigating several universities over links to suspected recruitment for the so-called Islamic State (IS), officials say. IS agents recruited students after urging them to join radical online forums, National Security Coordinator Yaw Donkor told state media. Mr Donkor confirmed that two Ghanaians had travelled to join IS, the first such cases that have been reported. Ghana has so far been unaffected by Islamist militancy. Mr Donkor said there was "no reason to fear", adding that "only a...
(Bloomberg 08/28/15)
Dangote Cement Plc, Africa’s biggest producer, will add 25 million metric tons of capacity across 11 countries after agreeing to contracts with Chinese construction company Sinoma International Engineering Co. Ltd. The total project cost is expected to be about $4.34 billion, Lagos, Nigeria-based Dangote said in a statement on Wednesday. Cement facilities will be built in Nigeria, Ethiopia, Kenya, Zambia, Senegal, Niger, Mali, Cameroon, Ivory Coast, Ghana and Nepal
(Voice of America 08/27/15)
LIBREVILLE, GABON— A planned Pacific regional trade pact and a tariff-free deal between African nations and the United States should help discourage wildlife poaching in Africa, a senior U.S. official said Wednesday. Speaking in Gabon at the start of a conference on the African Growth and Opportunities Act (AGOA), U.S. Trade Representative Michael Froman said the 12-nation Trans-Pacific Partnership would include measures to curb demand from Asia for trafficked wildlife from Africa.
(Bloomberg 08/26/15)
Deutsche Post AG’s DHL unit is investing about $50 million in sub-Saharan Africa as rising household incomes help spur demand for express and freight deliveries. DHL is focusing spending on gateway facilities, warehouses, vehicles and information technology, Deutsche Post Chief Executive Officer Frank Appel said in a Johannesburg interview. The figure includes 30.5 million euros ($35 million) for forwarding and supply-chain units announced in October and more than 17 million euros earmarked for the express arm this year.
(Voice of America 08/26/15)
YAOUNDE, CAMEROON— Pest experts from across Africa have recommended vast vaccination and pest eradication programs to stop trans-border animal diseases that claim between 10 percent and 20 percent of the continent's animals yearly. The experts are gathered in the Cameroonian capital, Yaounde, under the United Nations Food and Agriculture Organization's program.
(Bloomberg 08/22/15)
The United Nations says it hasn’t been able to raise funds to combat an outbreak of bird flu in West Africa even as it fears the disease may become endemic. The UN’s Food and Agriculture Organization has been trying to raise $20 million to stop the outbreak, which has spread to five countries in the region, Eran Raizman, head of the FAO’s emergency prevention system for animal health, said in a phone interview from Rome on Thursday. “It’s a relatively...
(BBC News Africa 08/20/15)
Despite winning another stint as president of the Ghana Football Association BBC Sport's Michael Oti Adjei says the jury is still out on whether Kwesi Nyantakyi is the right man for the job. Nyantakyi was elected unopposed for another four-year term on Tuesday and means he extends his decade-long tenure as head of the GFA. On the evidence of his first 10 years, he has earned the right to continue BUT there is still a huge amount of work to...
(Bloomberg 08/20/15)
MTN Group Ltd. has begun talks with phone-tower operator IHS Holding Ltd. over South African towers the wireless carrier is seeking to sell in a deal valued at as much as $2 billion, according to a person familiar with the matter. Discussions with potential buyers could result in a joint venture in which Johannesburg-based MTN would retain a large stake, said people familiar with the matter, asking not to be identified as the matter is private. American Tower Corp. has previously expressed interest in the towers.
(BBC News Africa 08/19/15)
Ghana is planning to recruit 177 doctors from Cuba to work at state-run hospitals hit by a doctors' strike, Health Minister Alex Segbefia has said. The government would also retain Cuban physicians currently in the country whose contracts had expired, he added. Negotiations between the government and doctors to end the three-week strike have broken down. A policy of no-work-no-pay would be applied on those who refused to return to work by Thursday, the minister said. The minister did not...
(Bloomberg 08/18/15)
Naspers Ltd. is in talks with wireless carrier Vodacom Group Ltd. about delivering video content to mobile devices across Africa as the media company seeks to compete with Netflix Inc. in offering movies and TV in the continent of 1 billion people. An agreement would give Naspers additional distribution for a video-on-demand service, dubbed Showmax, that the company plans to start this week, according to two people familiar with the matter.
(Bloomberg 08/14/15)
Ghana is making an improved credit rating a long-term goal after downgrades in the past year for West Africa’s second-biggest economy, Finance Minister Seth Terkper said. “My long-term goal, to regain my rating,” Terkper said in an interview in London on Wednesday. Moody’s Investors Service cut Ghana’s credit rating twice in the past year to B3, six levels below investment grade, and warned in March of further downgrades as tumbling oil prices cut government revenue. President John Dramani Mahama said...
(Voice of America 08/14/15)
JOHANNESBURG— Power cuts in 15 sub-Saharan African countries could become an "exception" rather than a norm in 10 years, with private capital expected to play an increasingly bigger role, PricewaterhouseCoopers (PwC) said in a survey Thursday. Africa's installed power generation capacity is expected to quadruple to 380 gigawatts in 2040 from 90 GW in 2012, boosted by private investment, green energy initiatives and cross-border energy trade, the survey showed. Three-quarters of respondents said there was "a medium to high probability...
(Bloomberg 08/13/15)
MTN Group Ltd. has selected new chief executive officers for its operations in Republic of Congo and Benin as Orange SA seeks to expand its operations in west Africa to compete with the continent’s largest wireless operator. Stephen Blewett will lead MTN’s operations in Benin, while Djibril Ouattara will head the Johannesburg-based company’s unit in Republic of Congo, spokesman Chris Maroleng said by phone. The company is appointing new senior managers in west Africa as Orange holds discussions with Bharti Airtel Ltd. to acquire four units in the region.
(Bloomberg 08/12/15)
Ghana is on track to narrow the budget deficit more than its target this year, president John Dramani Mahama said. The gap will fall to 7.2 percent of gross domestic product, below the government’s goal of 7.5 percent, Mahama said in an interview broadcast on Joy FM on Wednesday. “We have taken some tough decisions,” he said. “We are seeing a turnaround. The second-quarter figures look even better than the first quarter. Fiscal consolidation is taking place.” The nation’s currency...
(Forbes 08/12/15)
Thunder is rolling over the horizon at the start of the rainy season in Suke, a small village in Ghana’s arid north. Suke is remote, a two hour drive from Wa, the nearest major town. One major road closed for repairs creates a ninety minute diversion along dirt tracks that have collapsed into ditches, some of them barely passable by four-by-four or motorbike. The village’s women gather in a semicircle in the shadow of a large tree to demonstrate their...
(Daily Nation 08/12/15)
In 1995, polio affected all countries across Africa and paralysed more than 75,000 children for life. The following year, then South African president Nelson Mandela launched a new campaign, Kick Polio Out of Africa. His hope was that polio would follow the only human disease ever consigned to the history books: smallpox. Today we are one step closer to achieving that goal. On August 11, for the first time in history, Africa reached one year without a single case of...

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