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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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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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The European Union has moved to check emigration from West Africa by voting to invest 1.15 billion euros in aid for West Africa through to 2020.

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Why China needs Africa more
In the first part of this series, The Daily Maverick asked whether Africa really needs the interventions and investments of the People’s Republic. Our conclusion was that only time would tell. Now we look at why China needs Africa, and the answer seems to be no more complicated than “land and oil” (and a few other precious commodities). As of now, the relationship is far from even. Ever heard of a “Baoding village”? If you haven’t you’re not alone, because there are anthropologists at universities in Australia and the Netherlands who are convinced they don’t exist.
Ghana's debt hits $13.9 billion and growing
Ghana’s total debt has doubled in just two years under President JEA Mills. Documents available to the Danquah Institute indicate that Ghana’s total debt is $13.9 billion currently. At the end of 2008, when the New Patriotic Party left office, Ghana’s domestic debt stood at GH¢4.8 billion (or $3.170bn in today’s exchange rate). At the end of 2010, under the National Democratic Congress, this had shot up to Ghc8.28bn ($5.47bn).
Report of the Constitution Review Commission
The Constitution Review Commission, a presidential Commission of Inquiry, was set up in January 2010 to consult with the people of Ghana on the operation of the 1992 Constitution and on any changes that need to be made to the Constitution. The Commission was also tasked to present a draft bill for the amendment of the Constitution in the event that any changes are warranted. Click here for full report
'Let My Vote Count Alliance' Still defiant…. As Madina Police grants them bail
Members of the ‘Let My Vote Count Alliance’ have insisted they will continue with the group’s crusade and activities to educate Ghanaians on the high profiled petition at the Supreme Court involving a challenge of the election of President Mahama by Nana Akufo-Addo and Co. This is in spite of a recent invitation by the Police after the groups hugely attended rally at the Taifa Noway park.
The term “corruption” is used as a shorthand reference for a large range of illicit or illegal activities. Although there is no universal or comprehensive definition as to what constitutes corrupt behavior, the most prominent definitions share a common emphasis upon the abuse of public power or position for personal advantage. The Oxford Unabridged Dictionary defines corruption as “perversion or destruction of integrity in the discharge of public duties by bribery or favor.” The Merriam Webster’s Collegiate Dictionary defines it as “inducement to wrong by improper or unlawful means (as bribery).” The succinct definition utilized by the World Bank is “the abuse of public office for private gain.” This definition is similar to that employed by Transparency International (TI), the leading NGO in the global anticorruption effort: “Corruption involves behavior on the part of officials in the public sector, whether politicians or civil servants, in which they improperly and unlawfully enrich themselves, or those close to them, by the misuse of the public power entrusted to them.” more >>>
KEN OFORI-ATTA CHARGES GHANAINS OVER ASSAULT ON OUR DEMOCRACY, ‘STOP BEING QUIET, BE OUTRAGED!’
Ken Ofori-Atta, the Chairman of the Databank Group, has charged on Ghanaians, including the youth, teachers, NGOs, journalists and clerics to stop being quiet and neutral in the search for justice and show some courage and outrage in the face of attacks on integrity in our democracy and the way the nation’s finances are being mishandled. He said this when he delivered the second of the William Ofori-Atta (Paa Willie) Institute for Integrity Lectures at the British Council Hall, last Tuesday (March 12, 2013).
South Korea, with a population of 48.5 million and a GDP of $930 billion, has a per capita income of $26,000. Ghana, with a population of 24 million and a GDP of less than $15 billion, has a per capita income of around $600, having fallen last year. A Korean company, STX, wants to build 200,000 housing units in Ghana for $10bn. Yet, a more ambitious, productive and forward-looking proposal to build a new industrial, science, business and education city of 500,000 inhabitants, Sejong City, 95 miles south of Seoul, would cost less than $14bn ($13.7bn)! What does this say about Ghana and the vision of her leaders?
"So you think that money is the root of all evil?" said Francisco d'Anconia. "Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?
Contribution of Minority Leader, Osei Kyei-Mensah-Bonsu, on budget statement 2012
Madam Speaker, thank you for this opportunity to contribute to the motion on the Budget Statement for 2012. The budget is the most important document that governments produce. It is a powerful tool in influencing economic and social development. The budget determines whether there is equitable access to services by different groups of the population such as women, children, the disabled, the poor and other minority groups. more>>
Global Economic Positioning
As Ken Ofori-Atta of Databank stated at Chatham House recently, “We have not seen such massive destruction of wealth in the history of modern civilisation and I might add also such rapid recreation of capital in the past year. Africa is truly astounded at how quickly the West can mobilise to save their companies when a fraction of those amounts could reinstate the impressive growth trajectory which Africa had achieved.”