Each Ghanaian according to the Ghana Statistical Service data will recieve almost 1,907 Ghana cedis or 1,343 US Dollars if we are to distribute the Ghana’a purse.
Read the rest of this story »Ghana’s Gross Domestic Product (GDP) almost double to 7.7 per cent in 2010, according to revised figures released by the Ghana Statistical Service. The figures showed that the economy in 2010 outpaced the final growth estimate of four per cent in 2009 by 3.7 percentage points. Dr Grace Bediako, Government Statistician, said in real terms [...]
Read the rest of this story »Shares of Dallas oil and natural gas company Kosmos Energy Ltd. rose as much as 9 percent in their first day of trading Thursday as investors bet the company could find another rich oil field. Kosmos owners Warburg Pincus LLC and Blackstone Group LP sold a 10 percent stake in the energy company and raised [...]
Read the rest of this story »By Richard Valdmanis More than two-thirds of Ghana’s increase in cocoa output this season comes from a reversal of smuggling flows between it and Ivory Coast, casting doubt on the No. 2 grower’s agricultural success story. The West African nation expects official output of around 920,000 tonnes during the 2010-11 crop, a surge from the [...]
Read the rest of this story »credit: Eldon Ball Senior Editor, Technology & Economics The center of interest off West Africa is on the exploration successes off Ghana and the implications they have for prospects offshore neighboring and nearby countries. Production began last December at Tullow Oil’s Jubilee field – Ghana’s first deepwater oil development – and output has climbed to [...]
Read the rest of this story »credit: Francis Kokutse For the first time since former President Jerry Rawlings burst onto the Ghanaian political scene on June 4, 1979, his much talked about charisma and hold over the ordinary people in the country is to be put to the test on July 8 when his wife, Nana Konadu Agyeman-Rawlings stands against President [...]
Read the rest of this story »Preamble: In Ecclesiastics 1:9, we learn that: “That which has been is what will be. That which is done is what will be done. And there is nothing new under the sun”. We read that “what is crooked cannot be made straight. And what is lacking cannot be remembered”. Is it the beginning of an [...]
Read the rest of this story »It is quite worrying, the recent development in the CPP concerning Dr. Papa Kwesi Nduom and the Movement for Social Justice (MSJ). In recent times, some people in the CPP have raised concerns about Dr. Nduom and his Movement for Social Justice. As the principles of freedom of expression dictate, these individuals have the right [...]
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