General Chukwuemeka Odumegwu-Ojukwu died last weekend. His death brings to a certain climax the drama of a true, modern Nigerian epic. Olusegun Obasanjo was right this time in describing Ojukwu’s death as “the end of an era.”

At the passing of Dr. Nnamdi Azikiwe, Chukwuemeka Odumegwu Ojukwu described Zik as “the Alpha and the Omega of modern Nigeria,” just as he characterised Obafemi Awolowo as “the best President Nigeria never had,” thus melding paradox with hyperbole in an equal alchemy of mystery.

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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>>

Before I walked into the conference room of The Institute of Economic Affairs (IEA) that afternoon, I knew very little about the biometric system and its implications for Ghana’s 2012 elections. And though I learnt a lot that day, I am still not one of the self-proclaimed experts of the biometric voter registration system who shout themselves coarse everyday on our airwaves.

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Elections are around the corner in both America and Ghana and the airwaves are filled with spin. In the United States, former pizza mogul Herman Cain’s campaign is over due to accusations relating to womanizing and harassment.

Here in Ghana, every few days, there are accusations about the moral failings of one candidate or another. There are charges of womanizing, homosexuality, drug use and lack of smarts.

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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.
Cedi flashing Signs of Currency Crisis
If the currency crises in Mexico and Russia ring a bell, then watch the new Ghana cedi. The cedi dropped to a record low of GHc1.77 per dollar and the downfall is accelerating with no support in sight. The cedi versus dollar exchange rate shows the cedi has been in a perpetual fall against the US dollar. President John Kufuor’s administration converted the cedi to a new Ghana cedi and delineated four zeros from the old cedi. The change meant ten thousand of the old cedi became one new Ghana cedi.
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.
IMANI Update: STX – What’s the Way Forward?
There is no doubt that the vaunted STX project is beset with funding challenges. It is also clear that the company that was awarded the project – STX Engineering & Construction Limited (STX E&C) – is on the verge of falling apart, if it hasn’t already. The evidence clearly shows a complete breakdown of trust amongst the directors of the company, with one faction having formally reported the other to the Police on suspicion of criminal conduct. Civil lawsuits by both parties are also pending.
The Danquah Institute, an Accra-based policy think tank, has called on the collective leadership of the Economic Community of West African States and the African Union to actively show, with urgency, leadership and concern in the Federal Republic of Nigeria. “Such a priority engagement could boost ongoing domestic efforts at finding a democratic solution to the pending constitutional crisis in the biggest black nation in the world,” the think tank argues, adding that the situation is threatening Nigeria’s democracy and the stability of the region. After a longer history of instability, coups, military dictatorship and controversial elections, Africa’s most populous nation is struggling to contain the ramifications of a seriously ill, and absent, president.
America happy with Akufo-Addo's election petition
United States is pleased with the on-going political situation in Ghana with regards to the current petition challenging the outcome of the December 2012 presidential polls in court.Mr Michael Pelletier, Deputy Assistant Secretary, Public Diplomacy and Public Affairs, African Affairs of the US Department of State, said “it shows that the institutions are working in Ghana and people have confidence in the institutions.”Mr Pelletier said this in an interview with the Ghana News Agency at the US Department of State building in Washington DC yesterday after meeting with 2013 Spring Professional Fellows to address US-Africa foreign policy issues.
Spain Elections 2011: Conservative Popular Party Wins Overwhelming Victory
Throw a dart at a map of Europe now and it takes expert aim to hit a country run by a left-of-center government, especially after Spain's Socialists were emphatically drubbed out of power over the weekend. Although the shift to the right began years ago in such heavyweights as France and Germany, it is now all but complete three years into the continent's grinding debt and economic crisis. Why? When times get tough – when "the cows get thin" as the Spanish say – political experts say edgy voters seek comfort with conservatives.
Justice Atuguba Weeps For Legal Aid In Ghana
Majority of Ghanaians are practi- cally denied access to the justice sys- tem because of dire economic needs, and many suspects languish in cells and jails, some as long as 10 years for lack of legal representation. This gloomy picture was painted by Supreme Court Justice William Atuguba, Chair of the Ghana’s Legal Aid Scheme in “A conversation of Access to Justice in Africa: The ex- perience of the Legal Aid Scheme in Ghana February 21 at the Fordham University School of Law, Manhat- tan New York. He conceded that he knew very little of the Legal Aid Scheme until he assumed its chair- manship in 2010. Justice William Atuguba was appointed to Ghana’s Supreme Court in 1996 and is cur- rently the head of the nine-member panel of justices deliberating the landmark electoral lawsuit brought by the main opposition New Patri- otic Party against the Electoral Com- mission. According to Justice Atuguba the Legal Aid Scheme, constitutionally created in 1987 to benefit citizens
Congo on Edge While Election Results Delayed
With almost 90 percent of polling places reporting, Congolese President Joseph Kabila appears to have won another five years in office with nearly half the vote. But the country will not know officially until Thursday due to a 48 hour delay in the release of final results.
China in Africa: Beware the dragon bearing gifts
While China is investing billions in Africa, it is also busily extracting its precious natural resources. Many are now questioning if the east's involvement in Africa will be any more beneficial than the west's has been. It'is a sweltering October afternoon 20 kilometres to the west of the booming mining town of Karonga in northern Malawi. The sun is beating down on vast swathes of dusty, arid land, parched by months without rain. Teams of Chinese labourers from the China Road and Bridge Corporation are working on a large construction project to build a road from Karonga to the remote town of Chitipa.