News

Image Title Article source Post Date

Ghana Mulls Doubling Capacity of Planned Second Oil Refinery

The operator of Ghana’s sole oil refinery said the planned capacity of a proposed second plant could be doubled as the West African nation targets exports to neighboring countries.

Tema Oil Refinery will complete studies next year to build a 200,000 barrel-a-day plant in the port city, 30 kilometers (19 miles) east of the capital, Accra, Managing Director Isaac Osei said in an interview. Output at the existing 45,000 barrel-a-day plant has been slashed by an explosion at its crude distillation unit in January.

BloombergTue, Mar 7, 2017 Tue, Mar 7, 2017

France, Ghana moving forward together

The French Ambassador to Ghana, Mr Francois Pujolas, has congratulated the government and people of Ghana on the occasion of the celebration of the country’s 60th independence anniversary which falls today and said the day also marks 60 years of diplomatic relations between the two countries.

He said France and Ghana had cooperated along various areas and would further deepen the friendship in such areas as economic/trade which must be sustainable, security/terrorism, climate change, culture/language, tourism, educational and health, among others.

Graphic OnlineMon, Mar 6, 2017 Tue, Mar 7, 2017

Ghana At 60: Then And Now

As Ghana celebrates its 60th year of independence from British colonial rule, Jerome Conway takes a brief look at the country's history.

THE EARLIEST humans in the west Africa region were hunter-gatherers. Groups then began settling in small communities with the development of agriculture and animal- rearing. Around AD1000, larger population centres formed.

By the time the Portuguese arrived in the 15th century, they found large African kingdoms already established.

The VoiceMon, Mar 6, 2017 Tue, Mar 7, 2017

Accra at 60: concrete heads and colonial questions in Ghana's capital

On this day 60 years ago, many of Ghana’s workers were given the day off. They flocked to central Accra, a city originally settled in the 15th century, to hear Kwame Nkrumah declare independence. Today, only parts of Nkrumah’s Accra remain – while rapid expansion and development is reshaping the city in ways that are causing excitement but also concern.

The GuardianMon, Mar 6, 2017 Tue, Mar 7, 2017

Nana Addo’s 1st state of the nation address [Full Text]

President Akufo-Addo on Tuesday, February 21, 2017, presented his first state of the nation address to Parliament in accordance with Article 67 of the Constitution.

The President touched on issues ranging from the economy, education, health and energy among others.

Despite painting a gloomy picture of the economy as bequeathed to him from the previous National Democratic Congress (NDC), the President said he would ensure that the Ghanaian economy does not collapse under his watch.

Read full text below

Citi FMTue, Feb 21, 2017 Wed, Feb 22, 2017

President Akufo- Addo’s address attracts mixed reactions

Accra, Feb 21, GNA - The maiden State of the Nation Address, delivered by President Nana Addo Dankwa Akufo-Addo, to Parliament, on Tuesday, in Accra has attracted mixed reactions.

While some on the side of the Majority praised the President for a brilliant, inspiring and hopeful delivery, some on the Minority criticised the address, describing as lacking substance, and rather a repetition of old ideas.

The delivery of the State of the Nation Address is in fulfilment of a constitutional requirement for the President to address Parliament at the beginning of a new session.

Ghana News AgencyTue, Feb 21, 2017 Wed, Feb 22, 2017

Parliament’s image dips due to bribery allegation - Report

Accra, Feb. 21, GNA - Parliament has suffered a major blow to its public image due largely to its recent appointments committee bribery allegations, a report by the Centre for Media Analysis (CMA), an independent media monitoring agency, said on Tuesday.
The report, compiled through CMA’s strategic analysis of print media news contents, called on the leadership of the august house and its communication managers to put strategic and pragmatic measures in place to re-affirm its renowned respect and image.

Ghana News AgencyTue, Feb 21, 2017 Wed, Feb 22, 2017

Opuni’s assets frozen; EOCO probes his tenure at COCOBOD

Immediate past Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Dr. Stephen Opuni, has had his assets including his accounts, frozen by the Economic and Organised Crimes Office (EOCO), according to Citi News sources at the presidency.

Although reasons for the seizure have not been officially communicated, the sources have hinted Citi News that EOCO is seeking to investigate the entire period that Dr. Opuni served as CEO of that critical state agency.

Citi FMTue, Feb 21, 2017 Wed, Feb 22, 2017

Ghana seeks additional reserves to support currency – official

Ghana is arranging for additional reserves to intervene sooner than planned in order to prop the local cedi currency which has weakened to new lows this week, two Central Bank sources said on Thursday.

The cedi has been under pressure since early February .

This was so after the new government announced it had uncovered contract arrears of $1.6 billion and a budget deficit close to double digits, compared to the 2016 target of 5.25 per cent of gross domestic product.

VanguardThu, Feb 16, 2017 Fri, Feb 17, 2017

IMF to consider Ghana aid deal

Ghana is likely to receive an extension of its three year deal with the International Monetary Fund (IMF).

The lender said that if the West African nation requests for an extension, they will continue assisting it in case of protracted balance of payments problems.

Currently, Ghana has an Extended Credit Facility (ECF) supported by the IMF. The lending agreement provides sustained program engagement over the medium to long term.

The arrangement is of about 900 million US dollars signed in April 2015 which the the government has already utilized more than half.

Africanews.Thu, Feb 16, 2017 Fri, Feb 17, 2017

King of Morocco begins 3-day visit to Ghana

The King of the Kingdom of Morocco, His Majesty King Mohammed VI, accompanied by some members of his government and business leaders have arrived in Ghana for a three-day visit.

This comes a few days after his country was accepted into the African Union.

King Mohammed VI was due in Accra last month but the visit was later postponed. . . .

Citi FMThu, Feb 16, 2017 Fri, Feb 17, 2017

Ruling on Ghana, Cote d’Ivoire boundary dispute in September

After two weeks of legal tussle between Ghana and Cote d’Ivoire, the International Tribunal of the Law of the Sea (ITLOS) yesterday set the end of September 2017 as the date to deliver judgment on the maritime boundary between two countries.

The tribunal set the date after Cote d’Ivoire concluded its final round of oral arguments at its sitting in Hamburg, Germany yesterday.

The President of the Special Chamber constituted to hear the case, Judge Boualem Bouguetaia, told the parties that the tribunal would deliver its judgement at the end of September 2017.

Graphic OnlineFri, Feb 17, 2017 Fri, Feb 17, 2017

Govt will make Ghana leader in democracy, rule of law

President Addo Dankwa Akufo-Addo has stated the resolve of the government to make Ghana a leader in democracy and the rule of law in Africa.

“We are determined to get Ghana once again to lead our continent on two fronts: entrenching democracy and the rule of law and transforming the structure of the African economy into a modern, manufacturing kind that has the capacity to generate jobs for our people and create and spread wealth across the length and breadth of our vast continent,” he said.

Graphic OnlineFri, Feb 17, 2017 Fri, Feb 17, 2017

Ghana presidential fleet 'missing 200 cars'

Ghana's new government is trying to track down more than 200 cars missing from the president's office, a government spokesman has said.

The ruling party counted the cars a month after taking power following victory in December's elections.

After previous transfers of power, state-owned cars have been seized from officials who did not return them.

A minister in the former government said the implied allegation of wrongdoing by his colleagues was false.

BBCThu, Feb 9, 2017 Thu, Feb 9, 2017

I will stop Ghana’s $4bn loss to corruption – Ken Ofori Atta

Confronting the 4 billion dollars loss to corruption should create enough buffers to meet the infrastructure development agenda of the NPP government, Finance Minister Nominee, Ken Ofori Atta has said.

According to him, reducing the high incidences of corruption if not eradicating the canker completely should assist government address the infrastructure deficit facing the country.

Mr. Ofori Atta made the remarks when he appeared before the Appointments Committee of Parliament on Friday.

Citi FMSat, Jan 21, 2017 Sun, Jan 22, 2017

Supporting Ghana’s Development: IAEA Director General Visits Accra

IAEA Director General Yukiya Amano congratulated Ghana on the nuclear regulatory framework and legal infrastructure which it put in place earlier this year. “An independent regulatory authority is essential for the safe and secure use of nuclear technology,” Mr Amano told Ghanaian President John Dramani Mahama in Accra last week, adding that the IAEA will support Ghana if it decides to embark on a nuclear power programme.

IAEAMon, Mar 21, 2016 Tue, Jan 17, 2017

IAEA Starts Integrated Nuclear Infrastructure Review Mission in Ghana

An IAEA team of experts has started an Integrated Nuclear Infrastructure Review (INIR) mission in Ghana. The mission will last eight days and it will evaluate the status of major infrastructure issues against the Agency’s Milestones Approach for the introduction of nuclear power. These issues include legal and regulatory frameworks, nuclear safety and security, radioactive waste management, human resource development, stakeholder involvement, the capacity of the electrical grid and several others.

IAEAMon, Jan 16, 2017 Tue, Jan 17, 2017

Reducing taxes will require more time – Ken Ofori Atta

Finance Minister Nominee, Ken Ofori Atta has told Citi Business News, Government will have to undertake a careful analysis of its tax cuts promise before it implements it anytime soon.

According to him, modalities for implementing the NPP’s promise to cut down taxes will largely be outlined in the 2017 budget.

Citi FMMon, Jan 16, 2017 Tue, Jan 17, 2017

Ghana v Uganda (Tuesday)

Ghana and coach Avram Grant want to go one better than in 2015 when they lost the final to Ivory Coast on penalties.

Striker Asamoah Gyan and West Ham midfielder Andre Ayew were part of the team two years ago, and their experience and quality is expected to help the Black Stars see off Uganda.

Uganda pair Murushid Juuko and Khalid Aucho are both suspended.

The Cranes are at the tournament for the first time since 1978, when they lost to hosts Ghana in the final.

That history adds a little extra spice to the Group D match.

BBC SportsMon, Jan 16, 2017 Tue, Jan 17, 2017

Ghana: Prospects of Ghana's Economy Look Brighter - BoG Boss

With the worst of the energy crisis seemingly over, Ghana's prospects look brighter, despite ongoing global uncertainties, Abdul-Nashiru Issahaku, the Governor of the Bank of Ghana said.

Issahaku told the global publishing firm, Oxford Business Group (OBG) in an interview that improvements in the country's energy supply were evident, while other remedial measures had helped Ghana to address its fiscal imbalances, boost investor confidence and secure macroeconomic stability.

All AfricaThu, Jan 12, 2017 Fri, Jan 13, 2017