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Mon,20Nov2017

Ghana

The art of midwifing elections in Africa

File photo©Schalk van Zuydam/AP/SIPAMany countries in Africa conduct general elections regularly. Electoral management bodies have the responsibility to ensure free and fair elections. But what are their score cards so far?

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Mothballed Ghana gold mine reveals risk of reliance on minerals

File photo©Felipe Dana/AP/SIPA - In this Nov. 17, 2015 photo, artisanal miners separate gravel with sieves as they search for diamonds at an abandoned mine in Areinha, Minas Gerais state, Brazil. During the weeks-long mining process, the group excavates the soil down to a layer of gravel of up to 50 meters (yards) deep. Two years after AngloGold Ashanti suspended production at its giant but loss-making gold mine in Obuasi, central Ghana, the boom of underground explosions has resumed.

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Can Ghana stop its borrowing binge?

Photo©©Stringer/ReutersThe government's high levels of debt are unsustainable and it is turning to costly borrowing in order to bridge deficits ahead of high-stakes elections in November.

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Saudi Arabia deports 39 female Ghanaian pilgrims without male guardians

Hundreds of thousands of Muslim pilgrims make their way to cast stones at a pillar symbolizing the stoning of Satan, in a ritual called At least 39 female Ghanaian Muslim pilgrims travelling for Hajj in the Saudi Arabian city of Mecca have been repatriated because they had no male relatives escorting them, a statement from Ghana's Pilgrims office (PAOG) said on Monday.

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IMF evaluates Ghana's fiscal outlook, could review assistance program

Photo©Yuri Gripas/ReutersThe International Monetary Fund (IMF) is evaluating Ghana's fiscal outlook for the rest of 2016 and will consider the third review of the country's $918 million assistance programme next month subject to the outcome, the Washington-based lender said on Monday.

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Ghana to get a $1.2bn ultra-modern ecotourism park in its capital city

Visitors walking along the canopy walk, a series of foot bridges suspended 30 meters in the air over the treetops, in Kakum National Park, Ghana. File Photo©Olivier Asselin/AP/SIPAGhana has decided to convert one of its forest reserves – Achimota Forest – into a world-class recreational facility and a major tourism destination hub in West Africa at a cost of $1.2 billion.

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Ghana gives illegal gun owners amnesty ahead of polls

File photo©Felipe Dana/AP/SIPAGhana has given people with illegal firearms a 32-day ultimatum to hand over the weapons without the prospect of prosecution as the country gears for the December general elections.

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Ghana says on track to halve budget deficit after IMF deal

Minister of Finance and Economic Planning of Ghana Seth Terkper. Photo©Joshua Roberts/ReutersGhana is on target to halve its fiscal deficit this year after its $918-million aid deal with the International Monetary Fund, Finance Minister Seth Terkper said on Wednesday.

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Ghana oil companies fail to pay $0.721 million

Photo©Martin Sterba/AP/SIPANine out of 16 oil companies in Ghana failed to pay $721,000 as surface rental charges to the government last year, leading to a 61 percent drop in revenue, the country's Public Interest Accountability Committee 2015 annual report has revealed.

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Malnutrition costs Ghana economy $2, 6 billion annually

File photo©Matthew Abbott/AP/SIPAGhana loses $2, 6 billion annually due to problems associated with poor nutrition in children, a United Nations report has revealed.

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Ghana jails journalist, commentators

Photo©Seth Perlman/AP/SIPAA journalist and two radio panellists in Ghana were on Wednesday sentenced to 120 days each in jail for threatening to kill the country's chief justice and other judges.

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Home-grown policies unlock Ghana's economic growth potential

Ghana's Finance Minister, Seth Terkper. Photo©J. Scott Applewhite/AP/SIPAGhana's pursuit of home tailored economic policies, backed by a very active legislative agenda in fiscal, financial and monetary management, has unlocked the country's prospects for economic take-off, Finance minister Seth Terkper says.

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Ghana's parliament blocks constitutional bill seeking new election date

File photo©Seth Perlman/AP/SIPAGhana's parliament has thrown out a constitutional amendment bill seeking to change the country's date for general elections from 7 December to every first Monday of November, citing limited time.

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Ghanaian carmaker gets mass production boost

Photo©Kantanka.comGhanaian carmaker, Kantanka Automobile Company's determination to produce commercial quantities of cars received government backing last week after the country's vice president bought three of the company's vehicles to add to the president's office vehicle fleet.

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Ghana: Interest rate benchmark remains unchanged

Photo©ReutersGhana's central bank has decided to keep its interest rate to commercial banks unchanged at 26 per cent for the fourth consecutive time, as part of broader tighter monetary policy measures launched by the bank to calm inflationary pressures.

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Ghana scraps visas for African nationals

File photo©Sunday Alamba/AP/SIPAGhana has scrapped visas for African nationals using its only international airport as a way of promoting tourism and investment in the West African country.

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Ghana to increase crude fuel stocks to manage shocks

File photo©Mark Lennihan/AP/SIPAGhana is planning to store large quantities of crude oil to help the country manage global price shocks and stabilise its wobbling economy, Finance minister Seth Terkper said on Tuesday.

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Ghana: Gold Fields in $2.5 billion investment drive

Photo©Martin Sterba/AP/SIPAGhana's leading metal producer, Gold Fields Ghana Limited, says it looks to pump $2.5 billion into its two concessions by 2027 to improve operations following a development agreement sealed with government in March this year.

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Ghana aviation workers threaten crippling strike

File Photo©Yves Logghe/AP/SIPAGhana's civil aviation authority's workers have threatened to shut down the country's airspace beginning Friday in protest against the body's failure to install equipment to guarantee safety at airports.

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Ghana vows to crackdown on hate speech

Photo©Seth Perlman/AP/SIPAGhana has threatened to crackdown on hate speech following claims by an opposition legislator that the head of the country's electoral body got her job after sleeping with influential people as well as threats by two political commentators to kill certain judges.

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