Debt Crisis Hits Ghana
A NEW report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country is losing around 30% of government revenue in external debt payments each year....
Tag: oil
Son of Nigeria’s Ken Saro-Wiwa Dies
The son of renowned Nigerian environmental activist Ken Saro-Wiwa, who was executed more than 20 years ago, has died in London. Ken Saro-Wiwa Jr, 47, passed away after suffering a stroke, his family...
Changeless In Nigerian Democracy
There is a long way to go to revitalise the country Democratic governance like the way Nigerian secret police, the Department of State Services DSS, formerly known as Nigerian Security organisation,...
Ghana On Brink of Energy Security
President John Mahama has said Ghana is on the brink of energy security. The Ghanaian President, who is seeking a second and final four-year term in office in his country’s December 7 polls, told...
Media Hijacked By Cabal Blocking My ‘transformation’ Message – Mahama
It was 12. 27 am, well past the bedtime of many people. But His Excellency, John Dramani Mahama is no ordinary person. He is the President of the Republic of Ghana, and for him, time pales into...
Henry Lartey Invites Rawlings To Antoa Over $2m Abacha Gift
Dr Henry Lartey, leader of the Great Consolidated Popular Party has threatened to reveal damming information about the former first family, President Rawlings and his wife Nana Konadu...
Dangote Acquires Gas Processing Company In the Netherlands
In a bid to meet Nigeria’s gas requirements, Dangote industries Limited (DIL) has completed the acquisition of Twister B. V, a company based in the Netherlands. The company delivers reliable,...
How A New Debt Trap Has Been Set
Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year. Ghana's crisis...
African Journalists In Tanzania For Oil & Gas Workshop
A 14-day oil, gas and mining training workshop for some African journalists begins in Dar es Salaam, Tanzania. The workshop is being funded by Natural Resource Governance Institute (NRGI), organized...
Rebuilding The Continent Of Africa
In a telephone conversation with a friend in America, she demanded an answer to a question she asked me concerning the continent of Africa, “Is Africa a poor continent led by rich leaders, or a...
Oil Must Not Drown Agric Sector
Chief Executive Officer of the Institute of Certified Economists of Ghana (ICEG), Daniel Amateye Anim-Prempeh, has joined the call for government to pay attention to the agriculture sector, saying...
ISIS In Hot Water As Battle For Mosul Begins
ISIS in hot water as battle for Mosul begins The offensive to liberate Mosul from ISIS control has begun, Iraqi Prime Minister Haider al-Abadi said in a televised statement early Monday. The fight is...
Restoring Farmers Through Land Valuation and Compensation Plan
A GNA feature by Mildred Siabi-Mensah Mpohor (W/R), Oct. 16, GNA - Agriculture has remained the backbone of Ghana's economy for more than three decades now with significant contribution to the...
Audit Exposes How Employees, Suppliers Wrecked Kenya Airways
On Wednesday, February 11, 2015, a Kenya Airways employee in charge of treasury and controls, received the first of several payments from the collapsed Dubai Bank — $20,000. By the end of June of...
Kenya Ranked 3rd On Access To Credit In Sub Saharan Africa
Kenya is ranks third in Sub Saharan Africa for access to credit, a survey by the Institute of Chartered Accountants in England and Wales shows. Kenya trails Rwanda and Zambia for ease of credit...
NPP’s Crisis ‘lies’ Won’t Work
The main opposition New Patriotic Party (NPP) is painting Ghana as a country in crisis so as to win the 7 December polls, President John Mahama has said. "If somebody says the country is going back,...
BoG Woos Banks To Agric Financing With GH¢100m Initiative
The central bank is confident a GH¢100 million guarantee it is providing will court commercial banks into agriculture financing, a venture the banks have kept away from due to its perceived risks....
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft budget for the next three years based on the assumption Russia will be able to...
Bank of Ghana Launches Initiative To Support Farmers
The hassle farmers face with financing is expected to ease as the Bank of Ghana (BoG) has finally introduced an initiative to address the challenge. The project dubbed “the Ghana Incentive–Based...
Ghana’s Credit Rating Still B Negative
Dr Mahamadu Bawumia, an economist, has challenged recent assertions by President John Mahama and Finance Minister Seth Terkper that international ratings agency Moody’s upgraded Ghana recently. The...