The Governing Board of the Danquah Institute announces the appointment of Nana Attobrah Quaicoe as the new Executive Director of the Danquah Institute, effective September 1, 2015.

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US President Barack Obama is prepared to broker peace and power-sharing agreement in South Sudan.

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Ghana's national development planning commission has begun preparations for developing a 40-year plan that seeks to outdo political, ethnic and geographical aspirations of the country, and to bind successive political leaders to following its implementation.

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Nigeria's gross government revenues rose for the second consecutive month in June to 485.95 billion naira ($2.44 billion), up 33 percent from May, the finance ministry said.

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Other Stories

Corruption 'costs Africa billions'
Corruption in Africa is costing the continent nearly $150bn a year, according to a new report. The African regional body, the African Union (AU) has drawn up a convention to stamp out malpractices which the study says are hitting the poorest the hardest. Corruption is illegal everywhere in Africa, but everywhere it is woven deep into the fabric of every day life.
Supreme Court corrupted the Constitution
The Executive Director of the Danquah Institute, Mr Gabby Asare Otchere-Darko says he does not intend to apologise to the Supreme Court for his description of the Court’s election petition verdict as ‘corrupt’. The comment which followed the verdict that upheld the validity of President John Dramani Mahama’s election in the 2012 presidential election, has widely been deemed contemptuous.
Ghana gov’t urged to increase credit ratings
A financial analyst and CEO of SEM Capital, Dr. Sam Mensah, has said that Ghana needs to raise its credit ratings as an alternative to facilitate any form of borrowing especially on the capital market. He made the assertion during a roundtable discussion organized by the Danquah Institute and partnered by the World Bank and Citi FM on the three billion Chinese loan facility, which has been contracted by the Ghana government for various development projects.
Government Officials Must Declare Their Assets Annually
The Danquah Institute has added its voice to calls for the policy on declaration of assets of public officials to be strengthened. Asset declaration is a measure whereby public officials (including members of the judiciary and the legislature) are required to periodically declare their personal income and wealth for scrutiny by a state authority. The policy think tank is calling for amendments to the law - The Public Office Holders (Declaration of Assets and Disqualifications) Act 1998 (Act 550) - which will require all those public officials captured under the law and their spouses and dependent children to file assets disclosure report annually, instead of at the beginning of a new government’s four-year term and at the end of it – and for those records to be accessible to the public and public agencies for scrutiny and monitoring purposes.
Press Release: Bank of Ghana - Monetary Policy Committee
Ladies and Gentlemen of the Media, welcome to the press briefing of the 41st meeting of the Monetary Policy Committee.The Committee reviewed developments in the economy up to September as well as the domestic and external outlook. We reviewed global developments, domestic inflationary trends, the execution of the 2010 budget, growth prospects, business and consumer confidence, developments in the financial system and the external sector. more >>>
This is a due diligence report from Dun and Bradstreet on a husband and wife company, Opus SRO, a company that parliament has approved loans of 442 million Euros for the financing of the construction of 12 district hospitals, 200 new ambulances, 50 medical mobile clinics, 2 air ambulances and 10 educative mobile vans. Cabinet in its nineteenth meeting held on the 14, 19, 20 October, 2010, granted approval and parliament subsequently passed it on the 16th of November, 2010
DI: $265m STX Insurance is a Rip-Off, Gov’t Can Save $200m with MIGA
Thursday, July 29, 2010:- This week, the Ministry of Finance & Economic Planning submitted, what it termed, “Revised Memorandum to Parliament” and a revised supplier’s credit financing agreement between STX Engineering & Construction Ghana Limited (as ‘Supplier’ – not ‘Lender’) and the Government of Ghana in relation to the $1.5 billion financing of the Security Services Housing Project. In a press statement reacting to this new development after the agreement was withdrawn from the floor of Parliament recently, the Danquah Institute limited its comments to the fees and insurance premium, which it has condemned as “a total rip-off”.
We have prepared this report in the belief that it will help bring about policies and decisions that will ensure that Ghana’s emergence as a middle-income economy is not held back by the energy sector, as at present. We recommend that the Government make a concerted effort to “think big” and provide more direct and proactive leadership to the energy sector, given its centrality to boosting economic growth. This report was prepared during a period of electricity shortages and rolling power blackouts. The current power shortfall is particularly serious for two reasons: the frequency of these episodes is increasing—the previous blackout was just 5 years ago—and the economic damage inflicted is greater, because Ghana’s economy has evolved to become ever more dependent on reliable electricity supply.
CAO appraisal for audit of IFC on Jubilee Fields
In light of the April 2010 Macondo well blow out and oil spill events in the Gulf of Mexico, the CAO vice President initiated an investigation to assess IFC's procedures and standards when appraising investments in deepwater offshore oil and gas exploration projects. As of September 2010, IFC was involved in deepwater offshore oil and gas development of the development of the Jubilee Field in the waters offshore of Ghana. Click here for the full report
DI laments Government decision to stop Ghana’s multi-billion off-shore banking
The Danquah Institute has described as “very unfortunate” and “loss of a multi-billion dollar opportunity”, the decision by the Mills administration to discontinue with the arrangement by the previous government to make Ghana an offshore banking centre. Nana Attobrah, Head of Research, DI, made this known when he addressed the press Wednesday on the growing multi-million dollar trade in illegal international transfer of money to Ghana.