Exclusively Revealed: No Money for Teachers, Doctors or Nurses
Written by The New Statesman
18 March 2011
The promise to teachers, and soon to nurses, doctors and other civil servants of seeing a substantial increment in their take-home pay as promised by the Mills-Mahama led NDC administration seems to be little more than a pipedream. The Independence Day promise that ‘this Government will not shortchange teachers’ could be described as just another in the litany of broken promises.
Documents and analysis made available to the New Statesman reveal that there is no extra money for the implementation of the Single Spine Salary Structure. In fact, the money made available to extend the SSSS to both education and health workers this year is nearly GH¢2 billion short. Thus to pretend to implement it and offer promises of allowances to keep aggrieved workers calm will only amount to shortchanging them.
Japan and future of U.S. nuclear power
Written by Joseph Romm and Richard Caperton, Special to CNN
15 March 2011
CNN) -- The recent history of the U.S. nuclear industry suggests that nuclear power can be a safe source of low-carbon electricity. But disasters can happen very quickly, with potentially cataclysmic results.
The loss of coolant, explosions and apparent partial meltdown of nuclear plants in Japan following the earthquake and tsunami remind us that nuclear power is inherently risky. The U.S. government and the nuclear industry must take new actions to ensure that nuclear power is safe for the American public. New nuclear reactors are phenomenally expensive, costing up to $10 billion dollars apiece. Exelon CEO John Rowe said recently that the combination of low natural gas prices and failure of Congress to put a price on carbon dioxide pollution pushes back any significant nuclear renaissance by a "decade, maybe two."
Ghana's February Inflation Rate Rose For 2nd Month on Gasoline Price Jump
Written by Bloomberg.com
09 March 2011
Ghana’s inflation rate rose in February for the second consecutive month as a 30 percent jump in gasoline costs at the beginning of the year pushed up transportation fees.
Inflation accelerated to 9.2 percent from 9.1 percent in January, Grace Bediako, head of the Ghana Statistical Service, told reporters today in the capital, Accra. “With most of the upward pressure on inflation arising from the 30 percent fuel-price increase in the new year, February inflation should still be up,” Razia Khan, head of Africa research at Standard Chartered Bank Plc in London, said in an e-mailed note yesterday.
Ghana's Oil Bill May Improve Credit Rating and Spur New Lending, IMF Says
Written by Bloomberg.com
09 March 2011
A policy approved by lawmakers in Ghana that governs how revenue from the nascent oil sector is spent may provide a credit-rating boost and increase lending to the West African nation, according to the International Monetary Fund.
The law, passed on March 2, allows oil revenue to be used as collateral for loans in a “credit enhancement” program, said Wayne Mitchell, resident representative for the fund, based in Accra, the capital. The risk of default is reduced, which will lower interest rates, he said.
More Articles...
- DI warns Against Method of Selecting 30% SHS Students from Catchment Areas
- Berlusconi and Qaddafi
- Nkrumah Killed Danquah
- COTE D'IVOIRE: Amid continuing political deadlock, nine newspapers suspend publishing and RTI transmitter attacked
- Press Statement: The Irony of Mills Calling For Dialogue in Cote D’ivoire and Red Alert in Ghana
- Let’s Admit, Tribal Discrimination and Stereotypes are so Alive in Ghana
- Danquah was a Great Patriot, The Lie about being a CIA Agent must Stop!
- Cote D’Ivoire Needs A Chocolate Revolution
The Danquah Letters
Resources
Budget Statement 2011
view
Repayment Schedule for STX Loan
view
The Revised STX Agreement (Relevant Pages)
view
GoG, HFC, STX Joint Venture Agreement
view
Ghana's GDP Revised
view
BoG - Annual Percentage Rages (May 2010)
view
STX - Off-Taker Agreement
view
STX - Memorandum of Understanding
view
STX - Executive Approval
view
GoG STX Housing
view
Overview of GoG STX Housing Agreement
by Gabby Asare Otchere-Darko view
Right to Information Bill
view
Right ot Information Bill - Momorandum
view
Regina Vs Mabey & Johnson
view
Databank - Ghana's Economic Update (March 2010)
view
Asian Perspectives on Governance
view
Information Center
For any information regarding what we represent, please feel free to contact us on the details below.
- Hot line: (+233) 24.4928999
+(233) 20.7395812 - Fax: (+233) 21 782906
- Email: info@danquahinstitute.org
- Website: www.danquahinstitute.org

"Our mission is to make a courageous, imaginative and constructive contribution to nation-building and development, with the purpose of enhancing the life of every individual citizen" - J.B Danquah