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BOG has not taken any decision to close all foreign deposit accounts
The Bank of Ghana’s attention has been drawn to media reports being attributed to the Bank that it is planning on closing all foreign deposit accounts and has instructed that a 2% per annum charge be levied on all foreign deposit accounts in the banks. The general public and all stakeholders are assured that the Bank of Ghana has not taken any such decision.
DI raises issues over STX funding
The Danquah Institute is calling on Government to bring back the US$1.5 billion suppliers’ credit facility agreement with STX (Gh) Ltd for the construction of 30,000 housing units to Parliament since subsequent difficulties with efforts to raise funding and the ambiguity, changes and re-arrangements with sources of funding have altered fundamentally the integrity of the terms and conditions of the agreement which Parliament approved last year. Last year, the Government of Ghana reached an agreement with STX of Korea, through its subsidiary in Ghana, for the construction of 200,000 houses in Ghana within a period of five years at a total cost of US$10 billion.
Comprehensive new reports show progress on Millennium Development Goals
ODI provides country-by-country assessment of MDGs and highlights international development advances; national and global pictures of progress emerge as world enters final five-year push on development goals As world leaders prepare for next week’s Millennium Development Goals (MDG) Summit at the United Nations in New York, a new body of research examining development progress is published by Britain's leading think-tank on international development, the Overseas Development Institute (ODI).
Postponement of Liberty Lecture
The Danquah Institute regrets to announce that the Liberty Lecture scheduled for this evening has been postponed to Wednesday, August 31, 2011. We regret deeply any inconvenience caused by this postponement.
Akufo-Addo meets David Cameron over 2012 elections and gay issues
The 2012 Presidential Candidate of the New Patriotic Party NPP), Nana Addo Dankwa Akufo-Addo, met with British Prime Minister, David Cameron, MP, last Thursday. Nana Akufo-Addo was in London for the two-day (November 10-11, 2011) 11th Party Leaders’ Meeting of the International Democrat Union (IDU), hosted by the UK Conservative Party.
Global Entrepreneurship Monitor Report
Since its inception in 1997 by scholars at Babson College and London Business School, GEM has developed into one of the world’s leading research consortia concerned with improving our understanding of the relationships between entrepreneurship and national development. This is the 10th annual GEM Global Report. Over the past decade, harmonized data on entrepreneurial attitudes, activity and aspirations have been collected to provide annual assessments of the entrepreneurial sector for a wide range of countries. more >>>
The promise to teachers, and soon to nurses, doctors and other civil servants of seeing a substantial increment in their take-home pay as promised by the Mills-Mahama led NDC administration seems to be little more than a pipedream. The Independence Day promise that ‘this Government will not shortchange teachers’ could be described as just another in the litany of broken promises. Documents and analysis made available to the New Statesman reveal that there is no extra money for the implementation of the Single Spine Salary Structure. In fact, the money made available to extend the SSSS to both education and health workers this year is nearly GH¢2 billion short. Thus to pretend to implement it and offer promises of allowances to keep aggrieved workers calm will only amount to shortchanging them.
Biometric verification in December polls will be
The Managing Editor of the Daily Dispatch newspaper, Ben Ephson has predicted it will be suicidal for the Electoral Commission to implement full electronic voter verification in the December elections. Ben Ephson served the warning on Accra-based Radio Gold’s Power Drive morning show on Wednesday and according to him, voter verification would not be a panacea to vote rigging or electoral fraud in the December 7 polls.
The Turning Point in Housing
China reached an important turning point in housing policy on April 17, 2010. Policy shifted from stimulating growth to controlling speculative demand for housing, as well as increasing the supply of affordable housing. The central government has pushed the policies on reluctant local government officials, who are dependent on land-sales revenues and closely intertwined with real estate interests. Despite the tensions in implementation, central government commitment to the policy turn appears strong, and it is likely it will be sustained. more >>>
Danquah Institute Holds Conference on Biometric Voter Registration and E-Voting
The Danquah Institute, with support from other civil society groups, Development Partners and the Electoral Commission of Ghana, will on Monday, organise a 2-day seminar to interrogate the viability of Electronic Voting and the challenges and advantages of a biometric voter register in Ghana for the 2012 general elections and beyond. It will be the first of Danquah Institute’s Annual Governance & Development Dialogue Series. The two-day conference takes place at the Alisa Hotels, North Ridge, Accra, Ghana, on Feb 8-9, 2010. The first day will be devoted to Biometric Voter Registration; with Day 2 probing the question whether or not e-voting could work in Ghana and if so which model(s) would suit our environment.