Business in Ghana

We Understand the issues that make the News

Archive for November 19th, 2011

Business Regulations Improved in Record Number of Economies in Sub-Saharan Africa

Posted by Business in Ghana on November 19, 2011

Washington D.C., October 20, 2011—A new report from IFC and the World Bank finds that a record number of economies in Sub-Saharan Africa improved business regulations for local entrepreneurs in the past year.

Released today, Doing Business 2012: Doing Business in a More Transparent World assesses regulations affecting domestic firms in 183 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency, and trading across borders. This year, the rankings on ease of doing business have expanded to include indicators on getting electricity.

The pace of regulatory improvements has picked up across Sub-Saharan Africa. Six years ago, a third of Sub-Saharan African economies made improvements to the regulatory climate for domestic firms. Between June 2010 and May 2011, 36 of 46 governments in the region implemented reforms in at least one of the 10 areas measured by the report. Read the rest of this entry »

Advertisements

Posted in Financial Services, Uncategorized | Leave a Comment »

Experimental Malaria Vaccine Slashes Infection Risk By Half

Posted by Business in Ghana on November 19, 2011

Source : NPR Health Blog, SHOTS

After decades of disappointment, researchers think they’re finally on track to unleash the first practical vaccine against malaria, one of mankind’s ancient scourges.

In the world’s first large field trial of an experimental malaria vaccine, several thousand young children who got three doses had about 55 percent less risk of getting the disease over a year than those who got a control vaccine against rabies or meningitis.

Dr. Christian Louqc, who’s leading the final-phase clinical trial at 11 sites across Africa, tells Shots that among several thousand children who got “control” vaccines, there were 1,500 cases of malaria — more than one episode per child in the following year. But for every 1,000 children who got the experimental malaria vaccine, there were only 750 cases of malaria. Read the rest of this entry »

Posted in Health, Uncategorized | Leave a Comment »

Ghana’s Poor Reap None of The New Riches:

Posted by Business in Ghana on November 19, 2011

By Ben Ofosu-Appiah. , Tokyo, Japan.

From Poverty to Middle Income Status A Boulevard of Broken Promises

Africa’s long suffering people are all too frequently caught in the crossfire of rampaging wars, millions afflicted with diseases, preyed upon by greedy despots and prevented by corrupt leaders and bureaucracies in a kleptocracy from obtaining basic schooling, medical attention, and any semblance of economic opportunities.

A look at the socio-political and economic environment in Ghana today reveals a horrifying picture. There is massive corruption, staggering poverty, unemployment, poor education, deteriorating infrastructure, and general degree of hopelessness among the youth who feel very disappointed and let down by their political leaders. According to the 2007 World Bank Human Development Index, almost half of the national population live below the poverty line surviving on less than a dollar per day. And as many as over 75% live on less than $2.oo a day. The economic conditions felt by the ordinary Ghanaian are poorer than ever. Read the rest of this entry »

Posted in Ben Ofosu-Appiah, Social Services | Tagged: , , , | 3 Comments »

U.S. deportations reach historic levels

Posted by Business in Ghana on November 19, 2011

Washington (CNN) — Nearly 400,000 people were deported from the United States in the past fiscal year, the largest number in the history of the U.S. Immigration and Customs Enforcement agency, the government announced Tuesday.

The year-end removal numbers “underscore the administration’s focus on removing individuals … that fall into priority areas” such as lawbreakers, threats to national security and repeat violators, the agency said in a news release.

Overall in fiscal year 2011, immigration officials said, 396,906 individuals were removed. Of these, 216,698, nearly 55%, had been convicted of felonies or misdemeanors. That’s an 89 percent increase of criminals from three years ago, the enforcement agency said. Read the rest of this entry »

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