Business in Ghana

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Archive for January 6th, 2011

On Fuel Hikes and Petro-Economics

Posted by Business in Ghana on January 6, 2011

By Sydney Casely-Hayford, Sydney@bizghana.com

The Tema Oil Refinery (TOR) debt is a shifting target.  Without it’s interest element, the current principal debt is estimated at Ghc1.5billion.  This figure includes balances due to Ghana Commercial Bank (GCB), Barclays Bank, Standard Chartered Bank and other TOR notes raised on the commercial markets.  According to the Finance Minister Dr. Kwabena Dufuor, the balance due to GCB alone as at December 31, 2010 is approximately Ghc640million. Read the rest of this entry »

Posted in Oil and Gas, Sydney Casely-Hayford | Tagged: , , , , , , , , | 16 Comments »

Completing the loop on the Slave Journey to the Americas

Posted by Business in Ghana on January 6, 2011

A Group of African Americans Head back As Free Men and Women to the Land of their Ancestors

In late December, Cameroon will be the first African nation to host a DNA-certified group of African American returnees to the country of their origin.  Some 50 African Americans from the United States will travel to the Central African country for a 10-day visit following DNA certification of their ancestral origins. Their ancestors were found to have come from different ethnic groups, including the Tikar, Bamileke and Masa, in the Central African country. Read the rest of this entry »

Posted in Tourism, Uncategorized | Tagged: , , , , , , | 1 Comment »

CÔTE D’IVOIRE: UN Will Robustly Fulfil Mandate To Protect Civilians

Posted by Business in Ghana on January 6, 2011

Source: UN Report

The United Nations peacekeeping mission in Côte d’Ivoire will “robustly” fulfil its mandate, breaking through roadblocks if needed, to protect civilians and the “legitimate Government” after the outgoing president’s refusal to step down in the face of his rival’s internationally recognised electoral victory, a top UN official warned today. Read the rest of this entry »

Posted in Politics, Uncategorized | Tagged: , , , , , , , | 1 Comment »

As Ghana Grows, Demand for Water Follows

Posted by Business in Ghana on January 6, 2011

Source: World Bank Report

In Accra, Ghana’s bustling capital city of close to two million people, urban growing pains are evident:  traffic-clogged roads, sprawling neighborhoods, and water taps that sometimes run dry.

While 90% of the capital city’s residents have access to safe water, only about one-third have drinking water piped into their homes and even among that group, many get only an irregular supply. Read the rest of this entry »

Posted in Uncategorized, Water Works and Housing | Tagged: , , | 1 Comment »

January 2011: Half – time for the Professor’s Presidency

Posted by Business in Ghana on January 6, 2011

By Prof. T. P. Manus Ulzen, tulzen@yahoo.com

The Mills administration is at about the half –way mark of its mandate. Yes, mandate is the word. With a margin that sent the Bush – Gore election to the Supreme Court in Florida, Ghana showed the world that we at least understood democratic elections. However, the nuances of democratic governance seem to have escaped us over the last two years. Read the rest of this entry »

Posted in Politics, Thad Ulzen | Tagged: , , , , , | Leave a Comment »