Ghana | Africatime
Thursday 05 May 2016

Ghana

(Ghana Web 05/04/16)
Importers at the Tema port have disclosed to Citi Business News some businesses have been compelled to relocate to neighbouring Cote d’Ivoire due to the high taxes and charges imposed on their operations at Ghana’s ports. The importers who have been speaking to Citi Business News on the numerous challenges impacting on their activities also fear they may be forced to shut down if authorities do not intervene. There have been growing concerns over the imposition of new taxes and tariffs charged at the ports which the businesses complain have adversely affected them. The recently introduced ECOWAS Common External Tariff (CET) saw the imposition of charges on some imported items and the elimination of others...
(Dw-World 05/04/16)
Ghana’s former first lady Nana Konadu Agyemang Rawlings has been nominated by her party to vie for the presidency in the upcoming general elections. If elected, she says, fighting corruption will be a top priority. Nana Konadu Agyemang Rawlings, 67, aspires to become the first female president in Ghana. However to achieve that goal, she must first convince many Ghanaians that she's better than other candidates including the current president John Mahama. Ghana is scheduled to go to the polls in November 2016. Konadu was the first lady from 1979 to January 2001 when her husband President Jerry John Rawlings was in power. On Saturday (April 30, 2016), the National Democratic Party (NDP), a party she founded, elected her unopposed...
(Bloomberg 05/04/16)
The prices private equity firms pay for stakes in African companies are the highest in six years, driven by record fundraising and competition for the continent’s expanding middle class. The median price for buyouts in 2015 increased to more than seven times the ratio of a company’s value to its earnings before interest, depreciation, tax and amortization, compared with 5.4 times in 2012, Cape Town-based RisCura Solutions (Pty) Ltd. said in a report on the industry released Wednesday. “Industries serving...
(Gbc Ghana 05/03/16)
Ghana’s economy is projected by the World Bank to expand over the next three years notwithstanding the global economic situation. The projected expansion is expected to start this year by 5.2 per cent, 2017 by 8.2 per cent and in 2018 by 7.5 per cent growth rates. President John Dramani Mahama made this known during the 2016 May Day celebration in Wa by Organised Labour. He said the country’s debt to Gross Domestic Product (GDP) was declining steadily, inflation was...
(Ghana Business News 05/03/16)
A team from the International Monetary Fund (‎IMF) has paid a visit to the Customs Technical Services Bureau to learn more about the Ghana National Single Window since the introduction of the Pre-Arrival Assessment Reporting System (PAARS). The PAARS system is an integrated and shared risk platform that would help overcome the inefficiencies in the current regime, including duplications, as a result of non-integrated systems, lack of real time notifications to declarants and manual document processing of import transactions. The...
(Gbc Ghana 05/03/16)
The limited voters’ registration exercise in the Asante-Akim South District has generally been smooth and peaceful with no reported incident of confusion in any part of the area. Except for isolated technical glitches with the registration equipment, which were quickly fixed by technicians of the Electoral Commission (EC), all had gone well. Mrs. Alberta Mensah-Bonsu, the District Electoral Officer, told the Ghana News Agency (GNA) that she was impressed by the political maturity and responsible conduct of the people. She...
(IMF 05/03/16)
After a prolonged period of strong economic growth, sub-Saharan Africa is set to experience a second difficult year as the region is hit by multiple shocks, the IMF said in its latest Regional Economic Outlook for Sub-Saharan Africa. The steep decline in commodity prices and tighter financing conditions have put many large economies under severe strain, and the new report calls for a stronger policy response to counter the effect of these shocks and secure the region's growth potential. The...
(AFP (eng) 05/01/16)
Barefoot, wearing traditional costumes including animal hide skirts and elaborately beaded headdresses, the contestants strutted the stage before Ghanaian Rebecca Asamoah was crowned the first Miss Africa Continent. The 24-year-old dental hygienist beat 11 finalists drawn from an original list of 40 contestants from across the continent in the inaugural pageant at Johannesburg's Gold Reef City casino on Saturday night. Runner-up was Michelo Malambo of Zambia, while South Africa's Jemimah Kandimiri was placed third. The swimsuit contest was also a...
(Voice of America 04/30/16)
More than 200 people, including three African presidents, attended the opening of a three-day summit Friday near Mount Kenya, where activists and officials have gathered to discuss the future of Africa’s elephants and their habitats. Poaching has escalated to alarming heights in recent years, as 100,000 African elephants were killed between 2010 and 2012 alone. Tens of thousands continue to be poached every year across the continent. The goal of the event is to find ways to stop the slaughter...
(Xinhuanet 04/29/16)
(Xinhua) -- Ghana's electoral commission on Thursday started a registration exercise targeting 1.2 million new voters ahead of this year's general elections. Some 3,500 polling centers have been opened for the 10-day nationwide exercise to allow Ghanaians aged 18 and above and first time voters to register. The electoral commission had earlier cautioned the public against double registration, saying their computer system is capable of detecting that. The registration will end on May 8. The election is due to be held in November.
(Xinhuanet 04/29/16)
(Xinhua) -- African Development Bank (AfDB) said Thursday it has kicked off a four-day training for Kenya's law enforcers on gender-based cyber violence amid rising incidences of violence against women. AfDB said some 55 high ranking police officers from the Directorate of Criminal Investigations (CID) and public prosecutors from across the country are undergoing the training, which seeks to stem cybercrime in the face of rising incidences of gender-based online violence in Kenya. "The exercise is the first phase of...
(African arguments 04/29/16)
As Africa finds its voice after centuries of being silenced, well-intentioned outsiders must be careful to help and not hijack this moment. Just back from the Tana Forum on Peace and Security, held in the sleepy town of Bahir Dar on the shores of Ethiopia's Lake Tana, my head churns with questions about how African debates like this should be organised. Should they be held under a Baobab tree or in international hotels? Should they be formal or informal? Should...
(Forbes 04/29/16)
I write about how innovation is better in Africa. Opinions expressed by Forbes Contributors are their own. “If we can prove our basic supposition that children can learn to read, write and do math on their own, and with each other using only technology, the positive results will be global and exponential.” – XPRIZE’s Matt Keller. Having propelled humanity to the edge of space, the XPRIZE now hopes to inspire education for hundreds of millions of children, starting with a...
(Gbc Ghana 04/28/16)
Vice President Paa Kwasi Amissah-Arthur has encouraged every young person of the voting age to take advantage of the limited voters’ registration exercise by the Electoral Commission (EC) to get their names in the electoral roll. That, he said, was important to enable them to exercise their civic responsibility of electing competent people to lead the nation. He was speaking during an inspection of the site for a modern sports stadium at New-Edubiase in the Adansi South District. The Vice President called for all to get right with the law to make the exercise peaceful and successful.
(Gbc Ghana 04/28/16)
President John Mahama has upon advise from the National Council on Tertiary Education ordered the immediate dissolution of the Wa Polytechnic Council. The directive comes in the wake of a protracted internal wrangling at the Institute. An interim Council will take over management of the Polytechnic. President Mahama was speaking at the Sunyani Polytechnic where he inaugurated a new Hospitality Catering and Integrated Management facility as the Polytechnic becomes Technical university next Academic year. The President has on his Accounting...
(Myjoyonline 04/28/16)
President John Mahama says workers can expect an improvement in their finances beginning 2017 when the economy will be set to bounce back strongly. Speaking in an interview with Brong Ahafo Radio Thursday, President John Mahama indicated that his administration's hard work will pay off in 2017 when the economy takes off next year. His comments provided a sneak peek into his May Day speech where the President is expected to address worker’s concerns over the economy. Labour have been...
(Myjoyonline 04/28/16)
Keen on bringing changes in sports administration, Nii Lante Vanderpuye says there will be no more free gate during Black Star games. “Even if there is a Black stars match, President himself will buy a ticket… I myself will buy a ticket” he vowed after barely four months into his appointment. To boost fan turn-out, entrance to watch important football matches are sometimes free. The move was intended to repair lost love between the Black Stars and the fans following...
(Gbc Ghana 04/28/16)
The Director of Administration of the Electoral Commission, Christian Owusu Parry says 3,500 registration teams are being deployed to designated centres in 6,156 electoral areas for the limited voter registration which starts today. Speaking to Radio Ghana, Mr Parry cautioned that the ten day exercise is limited, and not open to all Ghanaians. The Director of Administration at the EC also gave an insight into modalities for the registration which ends on the 8th of next month. Meanwhile, some political...
(News24 04/28/16)
Accra – A 34-year old father ion Ghana reportedly beheaded his 3-year-old son on Tuesday before committing suicide. According to Ghana Web Philip Dzakpasu slit his son's throat while he was sleeping. The motive behind the killing was linked to his constant domestic fights with his estranged wife. The dead bodies were found by the land lady, who discovered the body of the boy covered in blood and the man hanging in the room. According to a friend, Philip had...
(Myjoyonline 04/28/16)
A grades manipulation scheme at the University of Professional Studies, Accra (UPSA) formerly Institute of Professional Studies (IPS) has been uncovered. Documents available to Joy News reveal, 22 final year students of the school - who were supposed to graduate last year - had thier grades manipulated. Ten out of the 22 have already confessed to partaking in the malpractice. The students reportedly paid various sums of money ranging from ₵1,500 to ₵4,000 to have their poor exam grades changed...

Pages

(Voice of America 04/30/16)
More than 200 people, including three African presidents, attended the opening of a three-day summit Friday near Mount Kenya, where activists and officials have gathered to discuss the future of Africa’s elephants and their habitats. Poaching has escalated to alarming heights in recent years, as 100,000 African elephants were killed between 2010 and 2012 alone. Tens of thousands continue to be poached every year across the continent. The goal of the event is to find ways to stop the slaughter of Africa’s elephants, protecting at least 50 percent of these animals and their landscapes by 2020. And to do so, conservationists say that government leaders must flex their political muscle in support of the cause...
(Xinhuanet 04/29/16)
(Xinhua) -- African Development Bank (AfDB) said Thursday it has kicked off a four-day training for Kenya's law enforcers on gender-based cyber violence amid rising incidences of violence against women. AfDB said some 55 high ranking police officers from the Directorate of Criminal Investigations (CID) and public prosecutors from across the country are undergoing the training, which seeks to stem cybercrime in the face of rising incidences of gender-based online violence in Kenya. "The exercise is the first phase of a larger approach to empower more police officials and prosecutors across the country and the East African region to effectively handle cybercrime, as well as assess cyber violence trends," the Bank said in a statement issued in Nairobi. The use...
(African arguments 04/29/16)
As Africa finds its voice after centuries of being silenced, well-intentioned outsiders must be careful to help and not hijack this moment. Just back from the Tana Forum on Peace and Security, held in the sleepy town of Bahir Dar on the shores of Ethiopia's Lake Tana, my head churns with questions about how African debates like this should be organised. Should they be held under a Baobab tree or in international hotels? Should they be formal or informal? Should...
(Forbes 04/29/16)
I write about how innovation is better in Africa. Opinions expressed by Forbes Contributors are their own. “If we can prove our basic supposition that children can learn to read, write and do math on their own, and with each other using only technology, the positive results will be global and exponential.” – XPRIZE’s Matt Keller. Having propelled humanity to the edge of space, the XPRIZE now hopes to inspire education for hundreds of millions of children, starting with a...
(Gbc Ghana 04/28/16)
Vice President Paa Kwasi Amissah-Arthur has encouraged every young person of the voting age to take advantage of the limited voters’ registration exercise by the Electoral Commission (EC) to get their names in the electoral roll. That, he said, was important to enable them to exercise their civic responsibility of electing competent people to lead the nation. He was speaking during an inspection of the site for a modern sports stadium at New-Edubiase in the Adansi South District. The Vice President called for all to get right with the law to make the exercise peaceful and successful.
(Gbc Ghana 04/28/16)
President John Mahama has upon advise from the National Council on Tertiary Education ordered the immediate dissolution of the Wa Polytechnic Council. The directive comes in the wake of a protracted internal wrangling at the Institute. An interim Council will take over management of the Polytechnic. President Mahama was speaking at the Sunyani Polytechnic where he inaugurated a new Hospitality Catering and Integrated Management facility as the Polytechnic becomes Technical university next Academic year. The President has on his Accounting...
(Myjoyonline 04/28/16)
Keen on bringing changes in sports administration, Nii Lante Vanderpuye says there will be no more free gate during Black Star games. “Even if there is a Black stars match, President himself will buy a ticket… I myself will buy a ticket” he vowed after barely four months into his appointment. To boost fan turn-out, entrance to watch important football matches are sometimes free. The move was intended to repair lost love between the Black Stars and the fans following...
(Gbc Ghana 04/28/16)
The Director of Administration of the Electoral Commission, Christian Owusu Parry says 3,500 registration teams are being deployed to designated centres in 6,156 electoral areas for the limited voter registration which starts today. Speaking to Radio Ghana, Mr Parry cautioned that the ten day exercise is limited, and not open to all Ghanaians. The Director of Administration at the EC also gave an insight into modalities for the registration which ends on the 8th of next month. Meanwhile, some political...
(News24 04/28/16)
Accra – A 34-year old father ion Ghana reportedly beheaded his 3-year-old son on Tuesday before committing suicide. According to Ghana Web Philip Dzakpasu slit his son's throat while he was sleeping. The motive behind the killing was linked to his constant domestic fights with his estranged wife. The dead bodies were found by the land lady, who discovered the body of the boy covered in blood and the man hanging in the room. According to a friend, Philip had...
(Myjoyonline 04/28/16)
A grades manipulation scheme at the University of Professional Studies, Accra (UPSA) formerly Institute of Professional Studies (IPS) has been uncovered. Documents available to Joy News reveal, 22 final year students of the school - who were supposed to graduate last year - had thier grades manipulated. Ten out of the 22 have already confessed to partaking in the malpractice. The students reportedly paid various sums of money ranging from ₵1,500 to ₵4,000 to have their poor exam grades changed...
(Voice of America 04/28/16)
Press freedom declined in Africa and around the world in 2015, according to a new report by the monitoring and advocacy group Freedom House. The worst clampdown on the African continent took place in Burundi, a Great Lakes nation where efforts by the president to extend his time in office beyond constitutional limits have pushed the country to the brink of civil war. There, journalists have been imprisoned, beaten and killed and nearly all independent media outlets have been shut down. Worldwide, press freedom dropped to the lowest recorded level in 12 years, Freedom House said.
(BBC News Africa 04/28/16)
The call for better management of sport is heard across Africa - often as a lament, more regularly as an outburst of barely contained frustration. In football, former Ajax and Juventus defender Sunday Oliseh recently quit as Nigeria's national football coach, citing contractual violations and lack of support from his local federation. Months earlier, Zimbabwe were disqualified from the 2018 World Cup qualifying tournament after its football association failed to pay a former national coach. In athletics, Kenya only recently...
(Gbc Ghana 04/27/16)
Government has allocated about GH¢ 60 million to cover boarding students under the progressively free Senior High School Education for the 2016/2017 academic year. About 150,000 students with poor backgrounds are expected to benefit. President John Mahama announced this when he inaugurated the sixth Community Day Senior High Schools (SHS) at Derma in the Tano South District on the first day of his Accounting To the People Tour to Brong Ahafo.
(Gbc Ghana 04/27/16)
USAID-FINGAP an Agribusiness Financial facilitation project which is supporting Ghana in the agriculture value chain in rice, maize, and soya for a five year period says it has so far assisted farmers with more than $ 85 million through financial institutions. Speaking to Radio Ghana's George Ankrah ahead of an annual summit in Accra tomorrow, the Acting Chief of Party of USAID -FINGAP, Dr Victor Anwti said the summit will showcase viable agribusiness investment opportunities in the maize, rice and...
(Gbc Ghana 04/27/16)
The University of Ghana has been ranked the 7th best University in Africa and the topmost in the West Africa by the World University Rankings body, the Times Higher Education. This was contained in a statement issued and signed by the Director of Public Affairs of the University of Ghana, Stella Amoa. The Statement said the University of Cape Town once again hit the top position on the continent while East African giant, Makerere University of Uganda is the only...
(Washington Post 04/27/16)
The pejorative phrase “Go back to Africa” made news last month when hurled at protesters at Donald Trump rallies. At the canceled rally on the campus of the University of Illinois–Chicago on March 11, protestor Jedidiah Brown was irate after he was allegedly told to “go back to Africa” by a Trump supporter. A natural-born American citizen, Brown said he had never been to Africa and therefore no one had the right to tell him to go back to a...
(AFP (eng) 04/26/16)
Security has been beefed up in Accra and Lome following a leaked intelligence report that indicated Islamist militants were likely to launch their next attacks in Ghana and Togo. In Ghana's capital, there has been an increased visible police presence in public places such as malls and beaches, while officers in plain clothes are also patrolling. Upmarket hotels such as the five-star Kempinski, Moevenpick and La Palm Royal Beach have likewise introduced measures such as thorough searches of vehicles and extra security guards.
(Gbc Ghana 04/26/16)
President John Mahama has sworn in Dr Abdul Nashiru Issahaku as the 14th Governor of the Bank of Ghana at the Flagstaff House, Kanda in Accra. He charged Dr Issahaku to work together with the Minister of Finance to ensure that the economy becomes more resilient than it is currently. President Mahama tasked the new Bank of Ghana Governor to work with the Minister of Finance in the area of fiscal and monetary policy stabilisation, especially in an election year...
(Spy Ghana 04/26/16)
Ghana’s Electoral Commission (EC) has today, launched a four-year Strategic Plan, from 2016 to 2020, as part of its vision of creating a world class, trusted independent electoral body in Ghana. Implementing the strategies will also boost Ghana’s reputation as a beacon of democracy for the conduct of free, fair and transparent elections in Africa. Giving the highlights of the Commission’s strategic plan, at a media briefing in Accra today, Tuesday April 26, 2016, the Chairperson of the Commission, Charlotte...
(Gbc Ghana 04/26/16)
An Accra Circuit Court has sentenced two persons to a total of thirty six years imprisonment for robbery. The convicts Daniel Armah and Bernard Owusu, who are both dancers, were each jailed eighteen years for robbery and conspiracy. The presiding judge Aboagye Tandoh in sentencing the two said the prosecution was able to establish the charge against the convicts. He said robbery is becoming a growing canker and believed the sentence will deter others. The convicts, who wielded a machete,...

Pages

(Ghana Web 05/04/16)
Importers at the Tema port have disclosed to Citi Business News some businesses have been compelled to relocate to neighbouring Cote d’Ivoire due to the high taxes and charges imposed on their operations at Ghana’s ports. The importers who have been speaking to Citi Business News on the numerous challenges impacting on their activities also fear they may be forced to shut down if authorities do not intervene. There have been growing concerns over the imposition of new taxes and tariffs charged at the ports which the businesses complain have adversely affected them. The recently introduced ECOWAS Common External Tariff (CET) saw the imposition of charges on some imported items and the elimination of others...
(Bloomberg 05/04/16)
The prices private equity firms pay for stakes in African companies are the highest in six years, driven by record fundraising and competition for the continent’s expanding middle class. The median price for buyouts in 2015 increased to more than seven times the ratio of a company’s value to its earnings before interest, depreciation, tax and amortization, compared with 5.4 times in 2012, Cape Town-based RisCura Solutions (Pty) Ltd. said in a report on the industry released Wednesday. “Industries serving consumer staples and discretionary spending fetch the highest prices because of favorable demographics in the growing middle class,” Rory Ord, head valuations at RisCura, said by phone. “High growth expectations, fierce competition and decreased risk perception contribute to higher sale...
(Gbc Ghana 05/03/16)
Ghana’s economy is projected by the World Bank to expand over the next three years notwithstanding the global economic situation. The projected expansion is expected to start this year by 5.2 per cent, 2017 by 8.2 per cent and in 2018 by 7.5 per cent growth rates. President John Dramani Mahama made this known during the 2016 May Day celebration in Wa by Organised Labour. He said the country’s debt to Gross Domestic Product (GDP) was declining steadily, inflation was...
(Ghana Business News 05/03/16)
A team from the International Monetary Fund (‎IMF) has paid a visit to the Customs Technical Services Bureau to learn more about the Ghana National Single Window since the introduction of the Pre-Arrival Assessment Reporting System (PAARS). The PAARS system is an integrated and shared risk platform that would help overcome the inefficiencies in the current regime, including duplications, as a result of non-integrated systems, lack of real time notifications to declarants and manual document processing of import transactions. The...
(IMF 05/03/16)
After a prolonged period of strong economic growth, sub-Saharan Africa is set to experience a second difficult year as the region is hit by multiple shocks, the IMF said in its latest Regional Economic Outlook for Sub-Saharan Africa. The steep decline in commodity prices and tighter financing conditions have put many large economies under severe strain, and the new report calls for a stronger policy response to counter the effect of these shocks and secure the region's growth potential. The...
(Gbc Ghana 04/27/16)
Government has begun an international tender process to select a private partner to operate the Electricity Company of Ghana, ECG as a concession for 25 years. A Communication Specialist at the Ministry of Energy, Edward Bawah speaking on Radio Ghana said the concession is to improve performance indicators as well as mobilization of private investment. He said the move is to lessen the burden on government and further inject efficiency into the company. An Energy Specialist, Kwame Jantuah said the...
(The Guardian 04/27/16)
Barclays has revealed it has received approaches for its African operations – which its former chief executive Bob Diamond wants to buy – as it reported a 25% slump in first quarter profits and losses on oil-related loans. The bank, currently undergoing a restructuring under new chief executive Jes Staley, reported first quarter profits of £793m and a 15% rise in bad debts, largely a result of problems facing clients in the oil and gas sector. Staley, an American banker...
(Huffingtonpost 04/26/16)
The foreign aid arena in Africa has traditionally been dominated by the Organisation of Economic Co-operation and Development (OECD) countries. However, over the last three decades non-traditional donors such as China, have emerged. The increasing importance of non-traditional donors has meant that the economic and political stronghold of western countries in sub-Saharan Africa has gradually ebbed. China is now the largest non-traditional contributor of aid to sub-Saharan African countries. In the 1960s Africa provided China with an opportunity to increase its political and diplomatic reach.
(Spy Ghana 04/25/16)
The Social Investment Fund (SIF) is to provide US$3.1 million in loans to boost agribusiness across 22 selected districts in the country. Mr. Joseph Acheampong, Executive Director of the Fund, said about 4,000 farmers, 40 per cent of them women, would benefit and that this was coming under its Integrated Rural Development Programme (IRDP). The Arab Bank for International Development (BADEA) and OPEC Fund for International Development are funding the four-year programme and the disbursement would be done through the...
(Spy Ghana 04/25/16)
Distributors for Glo in Ghana are up in arms against the Nigerian Telecommunications Company for swindling them of huge sums of money. They have therefore described the activities of the telecom company as lacking credibility, fairness and transparency. Chafal Communications Venture Limited, the company’s biggest distributor here, which makes annual sales of over 30 million Ghana cedis has also lost out for making huge investments for over the past three years. Sources close to Chafal Communications have accused Glo of...
(AfricaNews 04/23/16)
More than a century after the light bulb was invented most of the African continent is still in the dark after nightfall. School children often cannot read after dusk, businesses cannot grow, clinics cannot refrigerate medicine or vaccines and industries are idled, hampering economic growth, jobs, and livelihoods. Today some 25 countries in sub-Saharan Africa are facing a crisis evidenced by rolling blackouts. Although the African continent is well endowed both with fossil fuels and renewable resources, these are not...
(Business Day 04/21/16)
The apparent end to the commodity supercycle has sent shock waves across the global economy. It has sparked turbulence in stock markets, put pressure on currencies and fuelled concerns about prospects for growth and the stability of public finances. Africa has not escaped this pessimism. Questions have been asked about the continent’s economic future, with fears that the remarkable gains of the past two decades could be reversed. The mood reminds me of the International Monetary Fund-World Bank meetings I...
(AfricaNews 04/21/16)
The World Bank and other development partners have revealed that the total money transfers by African migrants to their region or country of origin surged by 3.4% to $35.2 billion, in 2015. The sum which includes intra-African transfers, represents 6 percent of total transfers by migrants worldwide to their region or country of origin, Ecofin agency reports. The total migrants transfers worldwide, though lesser compared to the previous year is estimated at $581.6 billion. Africa is seen as number one...
(Spy Ghana 04/20/16)
Government would protect Ghana’s exports within the framework of the Economic Partnership Agreement (EPA), Dr Ekow Spio-Garbrah, Minister of Trade and Industry, has assured Ghanaian exporters to the European Union (EU). He said the Trade Ministry is currently seeking cabinet’s input and support on options available to Ghana in the wake of the October 1, 2016 deadline under the current EU regulation granting market access to Ghana. Dr Spio-Grabrah said this when a delegation of major exporting companies in Ghana...
(CNN 04/16/16)
Growth in Africa has outpaced most emerging markets in recent years, but that's changing fast as a slew of problems beset its leading economies. Cheap oil, political uncertainty and weak banks are all to blame. Here's what you need to know about sub-Saharan Africa's big four: South Africa The prospects for Africa's most advanced economy are not looking good. The country is set to grow by just 0.6% this year, according to the International Monetary Fund. It's one of the...
(Cnbc Africa 04/16/16)
The apparent end to the commodity super-cycle has sent shockwaves across the global economy. It has sparked turbulence in world stock markets, put pressure on currencies, and fuelled major concerns about prospects for growth and the stability of public finances. Africa has not escaped this pessimism. Questions have been asked about the continent’s economic future, with widespread fears that the remarkable gains of the last two decades could be reversed. The mood reminds me of the IMF/World Bank meetings I...
(Myjoyonline 04/15/16)
Chief Executive Officer of Dalex Finance Ken Thompson has waded into the controversy over President John Mahama’s statement that Ghana’s economy remains one of the most resilient in the world despite the current economic challenges. The President made the statement when he was addressing a durbar at Akwamufie in the Eastern Region as part of his "Accounting to the people" tour. His statement has sparked a debate among economists who have expressed divergent views. Mr. Thompson says the economy is...
(Spy Ghana 04/15/16)
KONA Agro Processing Limited, the largest cashew processor in the Brong-Ahafo Region, has been forced to shut down operations due to financial difficulties. The company, which employed 250 workers, many of them women, used to process about 1,500 metric tons of raw cashew annually for export. wpid-cashew-nuts.jpgMr. Kwabena Taylor, its Director, said it needed US$1.5 million to get back into business. He announced this when the Trade and Industry Minister, Dr. Ekow Spio-Garbrah toured the plant at Awisa in the...
(Spy Ghana 04/15/16)
Ghana and the United States (US) would from April 26, 2016, launch a joint readiness-exercise towards strengthening the effectiveness of government entities and security forces in responding to international threats such as trafficking and terrorism. A statement from the Public Affairs Section of the US Embassy in Ghana, said the U.S. Government had been working directly with the Government of Ghana to plan the exercise, dubbed, ‘Epic Guardian 2016.’ Personnel from the Ghana Police Service and the Ghana Armed Forces...
(Myjoyonline 04/15/16)
The Ghana Atomic Energy Commission (GAEC), has organised a three-day stakeholder involvement and nuclear power communication workshop. It formed part of a global requirement prior to the establishment of a Nuclear Power Plant. Key energy sector players including the GRiDCo and the Volta River Authority, the Environmental Protection Agency as well as the media, were part of the workshop. Experts from the International Atomic Energy Agency (IAEA) were also in town to serve as facilitators and to share their country...

Pages

(Myjoyonline 04/28/16)
Keen on bringing changes in sports administration, Nii Lante Vanderpuye says there will be no more free gate during Black Star games. “Even if there is a Black stars match, President himself will buy a ticket… I myself will buy a ticket” he vowed after barely four months into his appointment. To boost fan turn-out, entrance to watch important football matches are sometimes free. The move was intended to repair lost love between the Black Stars and the fans following a disappointing show at the 2014 World Cup. But the ministry is cash-trapped and indebted to caterers, travel and tour companies, hotels and service providers. It is indebted to the tune of ¢16million and has...
(Gbc Ghana 04/20/16)
The Senior National Rugby 7s team, the Black Eagles is currently preparing feverishly in a non-residential camping in Accra, ahead of a major international competition. The Ghana National Rugby 7s, team is expected to do battle in the Confederation of African Rugby (CAR), Rugby 7s competition, which starts from 28th of May 2016 in Lome, Togo. Ghana, place second in the last edition and will be expected to win this edition after a successful 2015/2016 league season. A total of 25 players have been called to partake in the non-residential training sessions in the mornings and evenings at the Osu Salem park and University of Ghana, Legon rugby pitch respectively. According to officials, the team will be trimmed down by...
(Spy Ghana 04/15/16)
Swansea City star Andre Ayew has had an impressive first season in the Premier League. The Welsh side batted off plenty of competition in order to sign the player on a Bosman last summer from French team Marseille. The forward has impressed in a variety of positions and had the likes of Sunderland chasing him in January. Ayew comes from good stock. His father is Ghanaian football legend Abedi Pele and his brother Jordan has been one of the few...
(APA 03/30/16)
Ghanaian soccer fans on Wednesday hailed the Black Stars skipper Asamoah Gyan for being named among the top 10 richest players in the world. A survey conducted by Forbes official website saw the Ghanaian international rated among the eight richest players on earth with a weekly salary of £227,000 and a yearly wage of £11.8 million after tax. The Shanghai SIPG forward together with Ivory Coast and Manchester City star Yaya Toure were the only Africans named in the top...
(BBC News Africa 03/25/16)
Ghana eased to a 3-1 home victory over Mozambique in their 2017 Africa Cup of Nations qualifier on Thursday. Frank Acheampong set the Black Stars on their way with the opening goal after only four minutes had been played. On 56 minutes John Boye, captain in place of the injured Asamoah Gyan, doubled the lead and two minutes later Aston Villa's Jordan Ayew made it 3-0. Apson Manjate pulled a goal back for the visitors but Ghana easily extended their...
(APA 03/24/16)
Ghana's national female Under-17 football team, the Black Maidens, will on Saturday host their Moroccan counterparts at the Accra Sports Stadium in their second leg World Cup qualifier, APA learns here Thursday. The Maidens come into the game with a 4-0 away victory in Rabat and are expected to walk over their opponents. Already the female team has started campaigning at Prampram in the Greater Accra Region and will move to Accra on Thursday afternoon. Meanwhile, the Moroccan team is...
(Ghana Web 03/22/16)
Inter Allies' talented midfielder Evans Mensah has been handed his debut Ghana call-up for the Black Stars' 2017 Africa Cup of Nations qualifiers against Mozambique following his excellent showing in the country's top-flight. The nimble-footed midfielder was handed the late call-up by Ghana coach Avram Grant on Tuesday to replace injured Chicago Fire striker David Accam. The invitation comes as a massive boost for players in the exciting Ghana top-flight league which has seen so many talented players and excitement...
(Ghana Business News 03/22/16)
Ghana would not have any representative in boxing at the 2016 Rio Olympic Games later in August this year, for the first time in twenty years after the Ghanaian boxers failed the qualification series in Yaoundé, Cameroun. The Ghana amateur boxing team, the Black Bombers sent eight boxers, including one female boxer to the qualification series, which began on March 9 and ended on March 20. Black Bombers were left with only two Olympic hopefuls in the semifinal stage of...
(Ghana Web 03/18/16)
Ghana have been handed a tough draw comprising France, USA and the New Zealand in Group C for this year’s FIFA U20 Women’s World Cup at Papua New Guinea from 13 November - 03 December. USA won their fifth – and fourth consecutive – CONCACAF title in Honduras in late 2015 The New Zealanders breezed through a hugely one-sided qualifying campaign in October 2015. The Junior Football Ferns racked 69 goals to nil in their four wins over Samoa, Vanuatu,...
(BBC News Africa 03/17/16)
USA-based goalkeeper, Adam Kwarasey, is back in Ghana's national squad for their forthcoming 2017 Africa Cup of Nations qualifiers against Mozambique following a self-imposed exile. 28-year-old Kwarasey had been absent from the Black Stars since their participation at the 2014 World Cup in Brazil. Ghana coach Avram Grant convinced the shot-stopper - who plays for MLS side Portland Timbers - to return to the national set-up ahead of their matches against the Mambas later this month. Captain Asamoah Gyan is...
(Voice of America 03/15/16)
George Wyndham of Sierra Leone is a force to be reckoned with. He’s been playing table tennis for 14 years, despite being paralyzed by polio as a child. Now, at age 26, he is among the best physically challenged players in Africa. "Whenever I play table tennis, it always makes me happy and forget about my disability," Wyndham said. Having polio has pushed him even harder to make something of his life, he says, especially in a country where there...
(Gbc Ghana 03/14/16)
Coach of the national U20 football team, Black Satellites, Mas-Ud Didi Dramani has invited thirty players ahead of the qualifier to the 2017 Africa Youth Championship. The players are expected to report to camp at Prampram on Monday, March 14. This is to help the technical team prune down the number to 23 man squad in preparation for the qualifiers. Didi Dramani took over from Sellas Tetteh last month after the latter was appointed caretaker coach of the Sierra Leonean...
(BBC News Africa 03/10/16)
Sprinter Sean Safo-Antwi has been cleared to switch allegiance from Great Britain to Ghana. The 25-year-old won the 60m at the Glasgow Indoor Grand Prix and finished third at the British Indoor Championships in February. His application to the International Association of Athletics Federations was not opposed by British Athletics. Long jumper Jazmin Sawyers has been added to the GB squad for the World Indoor Championships in Portland, USA. Sawyers won the British Indoor title in Sheffield in Feburary. The...
(Gbc Ghana 03/08/16)
Medeama will hold a showdown meeting on Tuesday to decide the future of coach Tom Marcus Strand. Officials of the Tarkwa-based side are incensed with the unprofessional attitude exhibited by the Swedish trainer during the side's Premier League game at Kotoko on Sunday and will decide his fate after Tuesday's crucial meeting. Strand, 35, abandoned his role during the side's 2-2 stalemate with the Porcupine Warriors after he was prevented from substituting tormentor-in-chief Kwame Boahene. Technical director Augustine Evans Adotey...
(Ghana Web 03/08/16)
Liquid Sports Ghana is set to hold the first of its kind Olympism themed seminar dubbed “Making it Happen” to mentor students. The maiden edition will be held at the Accra Academy Senior High School on Thursday, 10th March, 2016. The Guinness Ghana sponsored 2-hour programme, features three national sports icons namely 1992 Olympic Games bronze medalist, Nii Odartey Lamptey, Patrick Yaw Obeng (2015 All Africa Games double silver medalist) and taekwondo player Terrance Tetteh Asare, who will share their...
(Ghana Web 03/04/16)
The Magpies have shortlisted the Ghana international as a target ahead of the summer transfer window, according to reports English Premier League side Newcastle United have expressed interest in Ghana and Anderlecht midfielder Frank Acheampong, according to The Sun. Valued at £5 million by the Magpies after his fine performance in the Europa League, the midfielder is currently on the shortlist of the English outfit ahead of the summer transfer window, the paper said. Acheampong, 22, stole the headlines last...
(Reuters (Eng) 03/04/16)
The Ghana coach Avram Grant has been ordered to return to the country by the local football association to concentrate on his job before Africa Cup of Nations Cup qualifiers this month rather than appearing as a pundit on British television. One parliamentarian, Kojo Baah Agyemang, said the former Chelsea and West Ham manager had been “taking the nation for granted”, telling a radio station it was unacceptable to spend his time out of the of country. “We have ordered...
(Goal 03/01/16)
The Ghana Football Association is disgruntled at the 61-year-old’s attitude towards staying in the country. Ghana Football Association has summoned Black Stars coach Avram Grant to return from Europe to his post in Accra with immediate effect, according to Pulse Ghana. The former Chelsea manager has been on a war path with local fans and the media over his persistent stay abroad in the name of monitoring foreign-based Ghanaian players at ‘the expense of the local topflight.’ And following the...
(Myjoyonline 03/01/16)
Udinese midfielder Emmanuel Agyemang-Badu has lauded his coach’s tactics after finding the back of the net in his side’s 2-0 win over Hellas Verona on Sunday. The Ghanaian opened the scoring at the Stadio Communale Friuli on 31 minutes after being set up by Captain Antonio Di Natale, before Cyril Thereau added the second in the 56th minute. The goal was the 25-year-old’s fourth strike of the season, having made 24 Serie A appearances. “I am grateful to my team-mates...
(Ghana Web 02/19/16)
Ghana duo Michael Essien and Sammy Osei Kuffour made the list for the most capped African players in the UEFA Champions League. The pair were ranked among the top 10 African footballers who have been described as the African legends in the European competition after making most appearances for their former Clubs. Essien, 32, was ranked third on the list after making 76 appearances in the UEFA Champions League for English giants Chelsea. Kuffour, who is one of the celebrated...

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(AFP (eng) 05/01/16)
Barefoot, wearing traditional costumes including animal hide skirts and elaborately beaded headdresses, the contestants strutted the stage before Ghanaian Rebecca Asamoah was crowned the first Miss Africa Continent. The 24-year-old dental hygienist beat 11 finalists drawn from an original list of 40 contestants from across the continent in the inaugural pageant at Johannesburg's Gold Reef City casino on Saturday night. Runner-up was Michelo Malambo of Zambia, while South Africa's Jemimah Kandimiri was placed third. The swimsuit contest was also a departure from the beauty contest norm, with contestants wearing black t-shirts and tight shorts while dancing barefoot to music such as "Africa" by Mali's legendary afro-pop musician Salif Keita. The pageant is the brain child...
(BBC News Africa 04/24/16)
The influential Congolese music star Papa Wemba has died after collapsing on stage in Abidjan in Ivory Coast, media reports say. Video from the concert shows the artist, who was 66, slumped on the floor as dancers continue to perform, unaware of what is happening. French broadcaster France 24 confirmed the death, quoting his manager. On the African music scene since 1969, Papa Wemba won a world following with his soukous rock music. The Congolese band leader, whose real name was Jules Shungu Webadio, also inspired a cult movement known as the Sapeurs whose members, young men, spend huge amounts of money on designer clothes.
(APA 04/20/16)
A court ruling ordering the transfer of the suspected murderer of the late Member of Parliament (MP) for Abuakwa North from Bureau of National Investigations (BNI) cells, on Wednesday dominated the Ghanaian press. The Daily Graphic, Daily Guide and Ghanaian Times, gave the story front-page attention, publishing a picture of Daniel Asiedu, the suspect in handcuffs. They said an Accra Circuit Court on Tuesday ordered the release of Asiedu, the suspected assailant of J. B. Danquah-Adu, the former Abuakwa Legislator,...
(APA 04/19/16)
The seizure of weapons at a funeral in northern Ghana and President John Mahama's admonition of political opponents on Tuesday dominated the Ghanaian press. The Ghanaian Times said the military personnel in the Yendi Municipality of the Northern Region on Saturday seized about 27 shot guns at a funeral home. In the process, three of the military personnel sustained injuries when one of the shot-guns exploded. The paper said two people have been granted police inquiry bail pending further investigations...
(APA 04/15/16)
The paternity case, Electoral Commission (EC) logo, President Mahama’s response to critics and the arrest of two persons over voters’ registration dominate the headlines of Ghanaian newspapers on Friday. The Finder reported that the juvenile court in Accra will on Wednesday, April 20, 2016 commence the hearing of a case involving a Catholic Reverend Father, who is accused of being the father of a six-month-old boy, whom he is alleged to have abandoned. The Daily Guide reported that the design...
(APA 04/13/16)
The tour of the Eastern Region by President John Dramani Mahama and the court order of the extradition of arrested British fugitive on Wednesday dominated the Ghanaian media. The Ghanaian Times said President Mahama has stated that the economy of Ghana was resilient due to government's prudent management in the face of global economic challenges. “Because of prudent economic management, even though Ghana is experiencing a drop in the price of the oil that we export, and sustained drop in...
(Gbc Ghana 04/12/16)
Former president of Ghana Actors Guild and veteran actor-Samuel Nii Odoi Mensah is reported dead. Reports say the actor died on Monday evening after a short illness. May His Soul Rest In Peace
(APA 04/11/16)
Assurance from the chairman of the Ghana Load-shedding Management Committee, and confiscation of the assets of convicted cocaine baron on Monday dominated the Ghanaian media. The Daily Graphic said Mr. Mr. William Amuna has stated that going back to electricity load shedding in the midst of current challenges was not an option for the country. The paper quotes him saying that there has been improvement in hydro-generation in the face of some maintenance works on the Floating Storage Production Oil...
(APA 03/29/16)
The ordering of the arrest of a minister by a court and the call for the relish of the country’s successes dominated the Tuesday editions of Ghanaian media. The Ghanaian Times said a High Court judge in Ho in the Volta Region has issued a bench warrant for the arrest of the Minister of Water Resources, Works and Housing, Dr. Kweku Agyeman Mensah. This followed his failure to report to court and respond to a contempt motion filed against him...
(APA 03/24/16)
The charging of five people including three South Africans for unlawful training and the call by the clergy for peace during the Easter festivities, dominated the Ghanaian press. The Daily Guide said the three South African ex-policemen in custody of the Bureau of National Investigations (BNI) have been charged alongside two Ghanaians with committing a crime, unlawful training and false declaration. The paper said Major Ahmed Shaik Hazis (rtd), 54, W/O Denver Dwayhe Naidu (rtd), 39, and Captain Mlungiseli (rtd),...
(Ghana Web 03/22/16)
Raro Lae caught up with Sarkodie, Ice Prince and Endia at the GH4GH All Access Ghana in Washington, DC. Thousands and thousands of individuals poured into Echostage all to see Ice Prince, Sarkodie, and Endia, among numerous other Ghanian acts including Fuse ODG, Bisa Kdei, and more! Ice Prince, Sarkodie and Endia spoke about possible U.S. Tours, The Afrobeats Music Industry evolving & it's entrance into the Western Music Industry, and how the music industry has been impacted by this...
(Ghana Web 03/22/16)
Actor Majid Michel and Kalybos thrilled audience at Ghana DJ Awards as they stepped on stage present an award. Last Friday Kalybos together with Moesha Boduong were at Ghana DJ awards to present an award at the ceremony, Kalybos upon seeing and appreciating the curvy nature of the beautiful actress said he will choose her over Ahuofe Patri, suddenly Majid dashes on stage only to punch Kalybos in the face. The two actors also danced to Abrantie Amakye Dede's song...
(APA 03/18/16)
Ghanaian newspapers were on Friday dominated by the stories of dismissal of 10 judicial staff and invasion of snakes in two villages in the Ashanti Region of the country. The Ghanaian Times reported that 10 staff of the Judiciary Service had been dismissed for collecting bribes on behalf of judges and for themselves. According to the paper, nine others have also been removed from office for holding ex-parte discussions with representatives of Anas Aremyaw Anas’ “tigereyepi” and facilitating meetings for...
(APA 03/15/16)
An interview Ghanaian President John Dramani Mahama granted to Tv3, a television station in Accra Monday dominated the Tuesday editions of the press. The Daily Graphic said "Ghana's debt stands at US$24 billion" since independence, saying President Mahama has denied opposition claims that the total debt since independence stood at US$37 billion. He also touched on the power crisis saying the country was now generating 70 percent electricity through hydro-electric dams, a situation that resulted in an increase in electricity...
(Ghana Web 03/10/16)
Mrs. Theresa Ayoade, the Chief Executive Officer of Charter House, organisers of the annual Ghana music awards has revealed that she sometimes regrets getting herself involved in music in the country due to the incessant attacks. “Yes I do regret along the line in the sense that we are putting in so much efforts and it seems that it is not appreciated and not valued but at the end of the day we derive satisfaction that we know we doing...
(Ghana Web 03/08/16)
Ghana youth for peace in partnership with selassie selah a gospel artiste has released an educative peace campaign song for elections in Ghana. The song, titled Ghana is bigger than any political party has been released online and on all social media platforms. Selassie selah is a peace ambassador and his song talks about Ghanaians and politicians refraining from politics of insult, fighting, killing and show respect to our leaders and all those in authority. In addition, the song talks...
(Starrfmonline 03/04/16)
The vice president Kwesi Bekoe Amissah-Arthur has hosted international award winning Ghanaian actor Abraham Attah at the Flagstaff House in Accra. The 15-year-old, who returned to Ghana Friday morning after a week stay in the United States where he attended the 2016 Oscars and also presented an award was driven to the Flagstaff House where he had a chat with the vice president. Attah who played a lead role in his debut movie ‘Beats of No Nation’ won his third...
(Ghana Web 03/04/16)
As man is not growing younger, celebrated Ghanaian gospel musician, Nicholas Omane Acheampong, has turned 41 years today. Known best for his controversial and inspirational songs, The 'Aposor' hitmaker was born on the 4th of March, 1975 to Mr. Kofi Serebour and Madam Akua Aso. His style and the way he carries himself in the music industry has always been keeping him alive with great music and winning awards. He has about four nominations in this year's VGMA awards which...
(Ghana Web 03/02/16)
From the Streets of Ashaiman to the Red Carpets of the Oscars, the Ghanaian actor, Abraham Attah was awarded the Best Actor at the Independent Spirit Awards, after visiting Universal Studios with fellow child actor Jacob Tremblay. The fast rising and award winning Ghanaian Actor who has rapidly gained recognition globally for his major role in Netflix’s “Beats Of No Nation” playing Agu, a young boy who was turned into a rebel soldier in a war torn West African Country...
(APA 02/26/16)
The state of the nation's address delivered by President John Dramani Mahama on Friday dominated the Ghanaian media. The Daily Graphic, Ghanaian Times and other private newspapers focused on the almost four-hour speech which touched on diverse areas of the economy, security, energy and infrastructural development among others. The Graphic said, "Economy on strong footing", explaining that President Mahama indicated o the people that his administration has put in place all the necessary policies and programmes to give the economy...

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(Dw-World 05/04/16)
Ghana’s former first lady Nana Konadu Agyemang Rawlings has been nominated by her party to vie for the presidency in the upcoming general elections. If elected, she says, fighting corruption will be a top priority. Nana Konadu Agyemang Rawlings, 67, aspires to become the first female president in Ghana. However to achieve that goal, she must first convince many Ghanaians that she's better than other candidates including the current president John Mahama. Ghana is scheduled to go to the polls in November 2016. Konadu was the first lady from 1979 to January 2001 when her husband President Jerry John Rawlings was in power. On Saturday (April 30, 2016), the National Democratic Party (NDP), a party...
(Bloomberg 05/04/16)
The prices private equity firms pay for stakes in African companies are the highest in six years, driven by record fundraising and competition for the continent’s expanding middle class. The median price for buyouts in 2015 increased to more than seven times the ratio of a company’s value to its earnings before interest, depreciation, tax and amortization, compared with 5.4 times in 2012, Cape Town-based RisCura Solutions (Pty) Ltd. said in a report on the industry released Wednesday. “Industries serving consumer staples and discretionary spending fetch the highest prices because of favorable demographics in the growing middle class,” Rory Ord, head valuations at RisCura, said by phone. “High growth expectations, fierce competition and decreased risk perception contribute to higher sale...
(Voice of America 04/30/16)
More than 200 people, including three African presidents, attended the opening of a three-day summit Friday near Mount Kenya, where activists and officials have gathered to discuss the future of Africa’s elephants and their habitats. Poaching has escalated to alarming heights in recent years, as 100,000 African elephants were killed between 2010 and 2012 alone. Tens of thousands continue to be poached every year across the continent. The goal of the event is to find ways to stop the slaughter...
(BBC News Africa 04/28/16)
The call for better management of sport is heard across Africa - often as a lament, more regularly as an outburst of barely contained frustration. In football, former Ajax and Juventus defender Sunday Oliseh recently quit as Nigeria's national football coach, citing contractual violations and lack of support from his local federation. Months earlier, Zimbabwe were disqualified from the 2018 World Cup qualifying tournament after its football association failed to pay a former national coach. In athletics, Kenya only recently...
(Voice of America 04/25/16)
Foreign policy almost always takes a back seat to domestic concerns during the U.S. presidential campaign season. Candidates rarely win over any voters in diners in New Hampshire or town hall events in Iowa touting their plans for economic investment and security frameworks in Africa. In 1999, then-candidate George W. Bush went so far as to declare Africa “irrelevant” to U.S. foreign policy during his first presidential run.
(Voice of America 04/16/16)
West Africa has been on high alert following recent terror attacks on hotels in Mali, Burkina Faso and Ivory Coast. And now in Ghana, a leaked security document says Ghana and Togo are the next targets of the al-Qaida affiliate that claimed responsibility for the previous attacks. Ghanaian President John Mahama has told the nation not to panic. The leaked memo says the threat of a terror attack in Ghana is “real,” citing intelligence from the National Security Council Secretariat...
(BBC News Africa 04/16/16)
Ghana's President John Mahama has warned against panic after a leaked security memo revealed that militant Islamists were planning to attack the West African state. The memo said the information was obtained from a man held in Ivory Coast over last month's deadly attack on a beach resort in the country. It also warned of a possible attack on neighbouring Togo. Ghana and Togo have never been attacked by militant Islamists. Ivory Coast was hit for the first time on...
(The Wall Street Journal 04/12/16)
Fortune seekers across Africa are clambering down gold shafts closed by some of the world’s biggest miners, fueling dystopian conflicts between companies waiting out a commodity rout and poor villagers with little to lose. The result is a chaotic and often deadly tableau playing out deep underground across the mineral-rich continent. Dozens of miners have been killed in subterranean gunfights over turf ceded by mining companies, many of whom fear the collateral damage to shaft walls and winches could make...
(BBC News Africa 04/09/16)
A mobile insurance scheme to help small-scale farmers in Kenya ensure their agricultural produce against drought and other natural disasters is spreading to other parts of Africa, as Neil Ford explains. A greater proportion of sub-Saharan Africans work in agriculture than anywhere else on the planet but only 6% of the population of Africa and the Middle East have any form of agricultural insurance. "The insurance man" was a feature of many Western countries in past decades. Local agents collected...
(Bloomberg 04/05/16)
Ghana appointed Second Deputy Governor Abdul Nashiru Issahaku to head to the central bank after Kofi Wampah retired amid a slumping economy and inflation that remains stubbornly high. Issahaku’s term began on Monday, President John Dramani Mahama’s office said in an e-mailed statement. Issahaku joined the central bank in 2013 and is a former head of the West Africa nation’s Export Development and Agricultural Investment Development Fund. In his new position Issahaku will have to fight an inflation rate that...
(Voice of America 04/02/16)
Ghana’s central bank chief stepped down Friday amid criticism about the country's lackluster economic performance. Henry Kofi Wampah was named governor of Ghana’s central bank in 2012 to address the country’s fiscal deficit, rising inflation, continuous currency devaluation and ballooning debt stock. Wampah leaves his post four months before the end of his four-year mandate amid criticism over his performance though some concede he was dealt a difficult hand. Ghanian economist Felix Asante says the new central bank governor must...
(Forbes 04/01/16)
Africa seems to be the only continent today that is regularly referred to as a country. It bristles me every time I hear it said. It’s reminiscent of Ronald Reagan’s chatter with the press aboard Air Force One in late 1982 on his way back to the US from a Presidential visit to Latin America: “I learned a lot down there…You’d be surprised, because, you know, they’re all individual countries.” As a relatively freshly minted PhD in international business economics...
(BBC News Africa 03/25/16)
Ghana eased to a 3-1 home victory over Mozambique in their 2017 Africa Cup of Nations qualifier on Thursday. Frank Acheampong set the Black Stars on their way with the opening goal after only four minutes had been played. On 56 minutes John Boye, captain in place of the injured Asamoah Gyan, doubled the lead and two minutes later Aston Villa's Jordan Ayew made it 3-0. Apson Manjate pulled a goal back for the visitors but Ghana easily extended their...
(Dw-World 03/22/16)
As the world marks the UN's World Water Day, residents in northern Ghana are struggling to access fresh water. Excessive sand mining is affecting the water levels in rivers and lakes. It is morning in Tamale and Nafisah Alhassan, a housewife, turns on her tap to fill her water container. But only a few drops flow in. A few years back, this was not the case. "These days it is not easy to get water in the area where I...
(Bloomberg 03/22/16)
The corn that is a food staple for much of southern Africa is now so expensive it has become a luxury many can’t afford, after the worst drought in three decades damaged crops from Ethiopia to South Africa. In Malawi, one of a dozen nations affected by the dry spell, Meleniya Mateyu says she has to forage for wild water-lily roots called nyika from streams and swamps to feed her two orphaned grandchildren. The small amount of grain she gets...
(CNN 03/21/16)
What makes a country happy? Is it wealth, freedom or a trustworthy government? According to the latest World Happiness Report, compiled by the Sustainable Development Solutions Network for the United Nations, all these factors are key, and measuring happiness is fast becoming a good measure of social progress. Six key factors were measured to establish a global ranking of the happiest countries; GDP per capita, social support, healthy life expectancy, freedom to make life choices, generosity and perceptions of corruption...
(Voice of America 03/19/16)
A global health expert is sounding the alarm that an epidemic of Zika infections may be headed to western Africa, in countries ravaged over the past two years by Ebola. He says efforts to contain Zika are essential to head off another devastating public health emergency on the continent. This week, a baby in Cape Verde, a Portuguese-speaking island off the northwestern coast of Africa, was born with the neurological defect microcephaly, a small head due to an undeveloped brain...
(Voice of America 03/18/16)
Ghana’s government has put the nation on high alert in the wake of Sunday's deadly terror attack in neighboring Ivory Coast. Ghana’s national security chiefs say they have intelligence of a credible terrorist threat in the country. They made the announcement Wednesday following a meeting with Ghana’s President John Mahama to review their readiness. In a statement, the government called on Ghanaians to pay attention and report anything unusual to security agencies. The terror alert is a first for the...
(Bloomberg 03/17/16)
Ghana Home Loans Ltd. is among at least three companies in the West African nation planning bond sales this year as they seek to attract investors from local private pension funds, whose assets under management surged by 75 percent in a year. The mortgage lender, owned by Abraaj Group Ltd. of Dubai, intends to raise the equivalent of $100 million over five years by listing debt for the first time, according to the Securities and Exchange Commission in the capital,...
(BBC News Africa 03/17/16)
USA-based goalkeeper, Adam Kwarasey, is back in Ghana's national squad for their forthcoming 2017 Africa Cup of Nations qualifiers against Mozambique following a self-imposed exile. 28-year-old Kwarasey had been absent from the Black Stars since their participation at the 2014 World Cup in Brazil. Ghana coach Avram Grant convinced the shot-stopper - who plays for MLS side Portland Timbers - to return to the national set-up ahead of their matches against the Mambas later this month. Captain Asamoah Gyan is...

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