NPA’s Arrogance or Economics?

On the eve of the New Year, 2015, the National Petroleum Authority (NPA) announced a reduction in ex-pump prices of petroleum products by 10% across board. This was not without drama. Most of the headlines that followed the announcement pointed to price reduction under duress. A number of civil society organizations and political parties put pressure on NPA to reduce the prices due to reasons such as the oil price crush and relative stability in the value of the local Ghanaian currency. Some of the organizations threatened public demonstrations against NPA and the Government; a situation that was expected considering that petro-politics is a feature of petroleum pricing in most parts of the world.

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FITCH Rating’s latest report on Ghana lays particular emphasis on the importance of Ghana’s democracy and stability to the country’s economic prospects. Whiles it gives a negative outlook based on how the economy is being run, Fitch makes the point that Ghana’s credit rating has not, however, fallen below ‘B’ because of the country’s “strong governance record and recent democratic history,” and that, this is “reflected in Ghana’s ability to attract foreign direct investment, which at 7% of GDP is well above that of Nigeria, Gabon, Zambia, Kenya and Angola.”

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Public policy and governance think tank, the Danquah Institute has expressed grave concern about the Electoral Commission's decision to register all persons in the country who, simply, are in possession of identity cards issued by the National Health Insurance Authority.

At a press conference organised by DI last week, a fellow of the institute, Mr. Boakye Agyarko, explained that “one of the objects of the National Health Insurance Authority” as captured on the NHIA’s website which states that “persons not resident in the country but who are on a visit to this country” can obtain NHIS cards is deeply worrying.

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The attention of the Danquah Institute has been drawn to a story making the rounds on social media and now on www.ghanaweb.com, as well, titled “Danquah Institute predicts 64.7% win for Kwabena Agyepong.”

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View from AfricaBy Daniel Howden, Africa CorrespondentSaturday, 2 October 2010 To the casual visitor, the most obvious sign of China in Africa is also the most fleeting indication of the country's deepening engagement with the continent: On the road into Nairobi you pass a green and red arch commemorating Beijing's friendship with Kenya. Clones of this giant Chinese character lie in wait outside a host of other African airports. But the reality of China's surge towards becoming the continent's largest trading partner is borne out by what lies beneath your vehicle: the road was built by a Chinese contractor. If the African experience is anything to go by, China's move to strengthen its investment in Brazil is unlikely to be its last. The Centre for Chinese Studies at Stellenbosch University in South Africa issues a weekly update on Sino-African commerce and development. The bulletins reveal a transformative geopolitical phenomenon. This week's highlight was the US$15bn (£9.5bn) contracts signed between Ghana and China for infrastructure projects and loans for oil and gas development. Ghana's President, John Atta Mills, eschewed a high-profile global summit in New York on the future of aid to spend six days in Beijing sealing the largest deal of its kind in his nation's history.
Almost three months after calls for it to supply the cost per unit of the 30,000 housing units for the security agencies, STX, the Korean construction company, has finally provided them. In a document to be presented to Parliament this week, STX say the 30,000 housing units will cost $727,022,480, plus 9.1% amenities cost at $65,977,520 and 30% on infrastructure at $390,000,000. This puts the total cost of construction, including onsite infrastructure at $1,183,000,000.
De-duplication won’t make register credible – Danquah Institute
Pro –opposition Think Tank, the Danquah Institute says the Electoral Commission (EC’s) decision to use de-duplication processes to rid the voters register of multiple registration will do very little to make the current voters register credible.
DI holds Press Conference on gas infrastructural project
The Danquah Institute is organising a news conference at the International Press Centre, Ridge, Accra, on Wednesday, December 21, 2011 at 11am prompt. The Danquah Institute will raise issues about the apparent lack of transparency in the Sinopec agreement for the gas infrastructural project, and its implications to the $3 billion CDB loan facility, and an estimated billion dollars of income losses to the state in oil and gas production as a result of policy decisions and inertia.
NPP CONDEMNS NDC PLAN FOR ‘CIVIL WAR’ -If Supreme Court Declares Akufo-Addo President
The New Patriotic Party has expressed serious concern about the continuous silence of the National Peace Council and other civil society organisations over comments by leading members of the National Democratic Congress that point to a plan to plunge the nation into chaos if the verdict of the Supreme Court hearing the 2012 election petition should go in favour of the petitioners. President John Dramani Mahama recently told NDC activists he won the 2012 presidential election “cleanly and fairly” and that he was confident the Supreme Court would re-affirm that victory.
As the Geneva-based UN Human Rights Council prepares to hold a special session tomorrow on the situation in Côte d'Ivoire since the 28 November presidential election run-off, Reporters Without Borders urges the council and other international bodies to pay close attention to the press freedom situation there. The publication of newspapers has been obstructed, local retransmission of certain foreign radio and TV stations has been blocked and there has been a disturbing decline in the security of journalists, creating a climate of fear and intimidation for the media.
GOG has agreed to offer the following terms and exemptions to STX: GOG shall provide a sovereign guarantee to enable the STX E&C Ghana to raise over $1.5 billion as financing for the project. GOG has signed an off-taker agreement to purchase at least 90,000 housing units some of which may be allocated to the security services. GOG shall exempt the STX from tax for its imports of materials and machinery GOG shall exempt the Consortium from corporation tax Click Here for More >>>
Press reports on President Mills' death
Ghana has seen a smooth transition of power after the sudden death of its president, but as the nation mourns attention is already turning to who will replace him as the ruling party's candidate in a December vote. Vice-President John Dramani Mahama was sworn in hours after the announcement of the death through sudden illness on Tuesday of 68-year-old President John Atta Mills.
Important Questions For The Electoral Commission From Danquah Institute
Friday, October 30, 2015, is the opportunity for parties, organisations and journalists at the two-day public forum on the voters’ register to ask the Electoral Commission questions and hopefully get answers that can help decide whether Ghana will have a new register or not.
Mobile phone portability: A freedom to choose, the Ghanaian mobile community must reject
July 1 2011 now has another reason to be celebrated as a day of final celebration from the serfdom of rulers, when as true REPUBLICANS, we affirm our belief in OBIARA YE OBIARA and we are all well and truly equal before MAN & GOD. For those still wondering what I am on about, July 1 2011 was the day when MOBILE PHONE PORTABILITY formally arrived in Ghana(unless that is, like its twin sibling, SIM REGISTRATION, its debut has also been put back by another 3 months).