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

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With both the West and East now courting Nairobi, President Kenyatta must decide how to do business with allies both old and new.

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Other Stories

Afari Gyan Caught on Pink Sheet Serial Numbers
Dr. Kwadwo Afari Gyan, Chairman of the Electoral Commission on Monday found it extremely difficult to defend the rationale for the occurrence of pink sheets with same serial numbers and the printing of two sets of pink sheets as contained in the response of the Eectoral commission to the 2nd amended petition and as had been stated by the Electoral Commissioner himself while in the witness box.
Africa's Chance to Leapfrog the West
You've heard about the African Renaissance, right? The Aid Bosses, once the unquestioned successors in Africa to the joint heirloom of Mother Teresa and Lord Clive of Chennai, are finding it harder and harder to get face time with the political grandees in our wheeling and dealing capitals. The Chinese are fawning all over our oil and copper, forcing once-aloof Westerners to write treatises about why China's engagement with the continent isn't all marshmallow candy.
In the last five months alone, President J E A Mills has made two 3-day official trips to Equatorial Guinea and has on both occasions returned to Ghana with news of striking significantly different crude oil deals with his Equatorial Guinean counterpart, President Theodore Nguema Mbasogo. The Danquah Institute is also extremely disturbed by moves by the Government of Ghana to rescue a Korean company that is US$6.3 billion in debt, whilst thousands of Ghanaian companies are also in distress and would require only a fraction of that amount to stimulate them back into productivity and profitability. more >>>
The Monetary Policy Committee - November 2013
You are welcome to this Press briefing. The Monetary Policy Committee (MPC) held its 58th meeting on November 25 to 27, 2013 to review the latest economic developments and the monetary policy stance. I present to you the outcome of the deliberations. The latest projections by the IMF indicate a pickup in the pace of global activity from 2.9 percent in 2013 to 3.6 percent in 2014, driven largely by the advanced economies with the impulse to global growth expected to come mainly from the United States against weaker prospects in emerging market economies.
DI holds forum on $3 billion Chinese loan
The Danquah Institute in collaboration with its media partners, Citi FM and Hot FM, is holding a forum on the $3 billion Chinese loan on Tuesday, 18th October 2011. The forum is similar to the one organised by the institute which scrutinised the STX Housing project where serious objections were raised with regards to certain aspects of the loan. These objections resulted in major changes being made to the agreement, and has subsequently saved this country billions of dollars.
IBM to open Kenya research lab to tackle traffic jams
IBM and the Kenyan government are to open a tech research hub in Nairobi, in a joint attempt to help solve local issues such as traffic congestion.The US firm already has 11 research outposts around the world. It plans to have up to 50 researchers in the new centre within five years, attracting potential candidates from across the continent.
Enough of the Rhetorics: Ghanaians Need Sustainable Solutions To The Energy Crisis.
The frustrations of Ghanaians keep growing by the day at the inability of elected officials to show leadership in the handling of the energy crisis that currently engulfs the entire space of Ghana. From children and schools that need light for their studies at night, the hospital laboratories and theatres needing reliable power to save lives, the cottage and large scale factories in the villages and cities respectively that need reliable and affordable power to sustainably remain competitive with the global trends, Ghanaians are simply tired of the regular excuses and description of age old problems by policy makers without actions to resolving them. And the Danquah Institute fully identifies with the plight of these ordinary Ghanaians, who have to continuously bear with this unbearable circumstance without the benefit of any reasonable hope of a lasting solution to the current energy crisis situation from its elected leaders, enabled by their mandate to solve these problems on their behalf.
DI wants $3bn ‘illegal’ CDB loan cancelled and cured
The Danquah Institute has described the $3 billion China Development Bank loan contracted by the Mills-Mahama led National Democratic Congress government as an illegality as it breaches sections of the Petroleum Revenue Management Act passed by parliament this year. DI is therefore calling for the cancellation and subsequent curing of this loan facility and has urged the parties to the contract to take note of this and proceed to cure it or proceed to their own detriment.
NDC chairman's attack on Judiciary is a threat to rule of law - Gabby
The Executive Director of the Danquah Institute, Gabby Otchere Darko has described comments by the National Chairman of the ruling NDC as “frightening, dangerous and a threat to the democracy of the country”.Dr. Kwabena Adjei, after a news conference in Accra on Tuesday August 17 to express outrage at recent court rulings which have all gone against the state, said the government will intervene and save the image of the judiciary from sinking further, if the Chief Justice fails to fight what he sees as growing rot within the judiciary.
DI'S Comments on the Decision of the Parliamentary Select Committee on Finance to Recommend the $1.5Bn STX Agreement for Parliamentary Resolution
Attached is the Report of the Finance Committee of Jul 5, 2010 on the $1.5 billion supplier credit facility between STX Engineering & Construction Ghana Limited and the Government of Ghana for the construction of 30,000 housing units of houses under the Security Services Housing Project. Below are the Danquah Institute's initial comments on the report submitted to the House. Issues identified: (i) DOUBTS ON SOURCE OF FUNDING Although the terms and conditions of the agreement are laid out in certainty. Sources of funding, according to the report, are far from certain. So, who is providing the $1.5 billion supplier's credit facility? In spite of the agreement describing STX Ghana as lender, STX Ghana is, in fact, merely an on-lender to the borrower - the Government of Ghana.