Tag Archives: slide

IMANI cries foul over petroleum revenue

A policy think tank, IMANI Centre for Policy and Education, has raised issues over the allocation of more funds from petroleum revenue to government machinery compared to the health sector. In its report on accountability in Ghana’s oil sector, released in Accra yesterday, IMANI said in the 2015 budget, the government allocated GH¢43,550,000 to the health sector, while GH¢142 million ...

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KNUST builds central research laboratory

The Kwame Nkrumah University of Science and Technology (KNUST) has established a central laboratory to function as a shared facility for use in both basic and applied science research. The six million euro facility would provide research scientists, government and research agencies, pharmaceutical, biotechnology, agro-chemical and chemical industries in Ghana and abroad access to a state-of-the-art equipment. The laboratory was ...

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Business climate “worsening” in Ghana – AGI

The Association of Ghana Industries (AGI) has expressed concern that the business climate in the country is getting worse. In a press statement signed by President James Asare Adjei, the AGI said it has noted with “serious concern the worsening business climate in Ghana since the beginning of the year.” “This is evident in the latest AGI Business Barometer Q1 ...

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PwC Into Africa: the continent’s ‘Cities of Opportunity’

We’ve recently published a report that examines the forces driving the growth of some key African cities, along with analysis of their social and economic performance and the opportunities and challenges they face. One interesting outcome of the report is that it’s the continent’s potential, rather than its problems, which is now attracting close business attention. The narrative about Africa is ...

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5,000 jobs in Tema on the line

More than 5,000 workers risk losing their jobs by September as a result of the difficulties and uncertainties in the economic and business operating environment, B&FT has been told. Most of the workers at risk are in Ghana’s industrial city, Tema, who have already been told by their employers that they could be laid-off if the current energy supply challenges ...

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Ghanaians Behave Like ‘Kindergarten Kids’ – Fiifi Kwetey

On Tuesday, the Trade and Industry Ministry in conjunction with the Institute of Economic Affairs (IEA) organized a stakeholder forum on the high cost of credit and its implications for Ghana. here was a general admission that the country’s high interest rate was a result of poor management of the country’s   macro-economic fundamentals which they charged the government and the ...

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Emmanuel Adebayor: Striker reveals family issues on Facebook

Tottenham striker Emmanuel Adebayor has publicly laid bare some of the personal issues that have disrupted his career. The 31-year-old Togo international was granted personal leave by his club last December and has struggled this season. On Tuesday he posted a lengthy message on his Facebook page, giving an insight into the cause of what he described in March as his ...

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How the Church is Bleeding Africa

In Togo, the church and the government are the biggest collector of money. The church even collects more money. Many people pay almost no tax but give 4 to 10 times money to the church every month. What the church and the government do with the people’s money explains the poor state of our country, our society, our schools and ...

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Africans rely on radio for news than Internet – Survey

Majority of Africans rely on radio as their main source of news than any other medium, a latest survey finding has revealed. According to the latest Afrobarometer analysis highlights released on World Press Freedom Day, radio continue to be dominant in Africa, despite the surge in Internet usage. “Across 34 African countries surveyed during Round 5 (2011/2013), on average 62% ...

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NPP STATEMENT: Has President Mahama been smart in ending ‘dumsor’?

  President Mahama last Friday, May 1st 2015, said that “smart” businesses were not laying off workers, but were rather investing to improve production capacity. He further stated that those companies were investing because they had faith in the ability of the government to end the power crisis and improve the country’s electricity generation capacity. The President was simply saying ...

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