Apart from the $3 billion China Development Bank (CDB) loan approved last August, the Mills administration has lined up some 30 fresh loan agreements for parliamentary approval before the 2012 general elections.

Analysis done by The Globe newspaper puts the total value of these new loan facilities at more than US$ 4 billion.

Read more...

Polls have opened for the Democratic Republic of Congo's presidential elections, after a run-up marred by violence and logistical delays. The head of the electoral commission said 99% of polling stations were ready and voting would go ahead as planned. At least three people were killed on Saturday, leading to a police ban on final campaign rallies.

It is the second presidential poll in DR Congo since the end of 1996-2003 wars which left four million dead.

Read more...

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.

Read more...

Egyptians are voting in the opening stage of the first elections since former President Hosni Mubarak was toppled in February. As dawn broke, people were already queuing to cast their ballots outside polling stations in the capital, Cairo. But protesters who want the vote to be postponed still occupy Tahrir Square.

The head of the country's military council, which took over after Mr Mubarak was unseated, has said the country is "at a crossroads".

Read more...

Other Stories

DI: Gov’t must ensure all 2012 BECE students gain SHS access
The Danquah Institute has learnt that out of the 376,859 candidates who sat this year’s Basic Education Certificate Examination, 375,258, representing 99.6%, passed the exam and as such qualify for placement into Senior High Schools and Technical and Vocational Institutions. This was stated by the Ghana Education Service in yesterday’s edition of the Daily Graphic. WAEC statistics show that in 1998, 60.36% of students passed the BECE. In 2008, this had increased to 62.16%. From 2009 to 2011, the BECE pass rates have declined, from 50.21% in 2009, 49.12% in 2010 and 46.93% in 2011. To say the least, from 46.93% to 99.6% the following year is mightily exceptional.
Nearly One in Four Worldwide Thriving
Nearly one-quarter of adults worldwide (24%) are "thriving," according to Gallup surveys in 146 countries in 2011. The percentage rating their current and future lives positively enough to be considered thriving ranged from a high of 74% in Denmark to a low of 2% in Cambodia. Read more>>>
GSS hoodwinks Ghanaians - Where is the 2010 census report?
The Danquah Institute (DI) has observed with disappointment and pity the press conference held by the Ghana Statistical Service last week, ostensibly, to announce the 2010 Population and Housing Census Results to the Ghanaian people. What transpired that day was shameful and an insult to the intelligence of the people of Ghana. To our dismay, no census report, per se, was presented to Ghanaians by the GSS.
The Case For Free SHS
University of Cape Coast—Cape Coast. Over the last year, I, and indeed all Ghanaians have watched as Nana Akufo-Addo, the NPP Presidential candidate has taken his free SHS proposal across the length and breadth of this country. Some have questioned his rationale for it and accused him of political opportunism. Some have questioned his ability to pay for it and the fuzziness of his math in calculating the cost.
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.
Why President Mills will be a one-term President
President John Evans Atta Mills has already made history by being the first president to face a primary challenge. It is becoming increasingly likely that he will also become the first one-term president. When he finally becomes a one-term president, the political historians will propound various theories to explain his defeat. I want to go on record as one of those who not only saw the president’s imminent defeat but also put forth seven (7) drivers of the prognosis.
The BOG Anti-Money Laundering-CFT Guideline
The world has experienced phenomenal growth of financial services over the last couple of decades. This globalization has led to increased cross-border activities enhancing global financial intermediation. Unfortunately, this development has been accompanied by a spate of transnational organized crime including Money Laundering and Terrorist Financing (ML/TF) perpetuated by underground economies. Money Laundering and Terrorist Financing affect whole economies, and therefore impacts negatively on economic, political and social development, posing serious challenges to all countries. Click here for full Report
FAQ's about the NPP Court Case: Why the NPP is in court
Q: Why the NPP is in court?A: According to Article 64 (1) of the 1992 Constitution: “The validity of the election of the President may be challenged only by a citizen of Ghana who may present a petition for the purpose to the Supreme Court within twenty-one days after the declaration of the result of the election in respect of which the petition is presented”. We have chosen to challenge the 2012 election in the Supreme Court of Ghana, because of numerous irregularities – the sum total of which, once amended, will invalidate the declared results and make Nana Akufo-Addo the legitimate winner.
Atta Mills' 4
An election year provides a platform for political parties and their leadership to engage the electorate in a conversation about the issues facing the nation and how they intend to govern. Expectedly, the party in power (incumbent) seeks to convince the electorate to stay the course. Typically, the incumbent anchors this argument by touting its achievements, if it has any, or demonstrating to the electorate that it has fulfilled its prior campaign promises. Exceptional incumbents not only showcase their achievements but they also chart a path forward.
Prez Mahama, please tell your surrogates to leave me alone for I’m but a simple pastor – Mensa Otabil
The General Overseer of the International Central Gospel Church, Pastor Mensa Otabil has responded in clearest terms yet to what he calls evil attempts to expose him to public ridicule “and the running harassment against my integrity.”He said the doctoring and manipulation of his sermons over the years to give them political twists was defamatory, unethical, criminal, malicious and evil.