2011 saw dramatic changes in Africa’s governance landscape. Unprecedented popular demonstrations in Tunisia, Egypt, and Libya led to the overturning of a century of autocratic rule in North Africa.These protests, demanding greater political freedom, economic opportunity, and an end to systemic corruption, have resonated deeply across Africa, sparking calls for change throughout the continent.

Already home to more of the world’s democratizing states than any other region, even modest reverberations from the Arab Spring on Africa’s democratic trajectory will have implications for global governance norms, stability, and development.

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The present number of unanticipated events and further deterioration of the global economic environment could have substantial spillovers to the Ghanaian economy;

Preliminary results from WAMI’s half year surveillance report indicates that the overall economic performance in the WAMZ remained strong with real GDP expected to expand by 8.0 per cent in 2011, compared to 7.7 per cent in 2010.

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In theory, parliaments are one of the key institutions of democracy, playing an important role in terms of legislation, oversight and representation. Regrettably, in many developing countries – as well as in many developed countries – parliaments are weak, ineffective and marginalised.

Parliamentary strengthening aims to enhance the effectiveness of parliaments through institutional development, through building the capacity of parliamentary staff, MPs and committees, and through putting in place the nuts and bolts of infrastructure and equipment

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Madam Speaker, I beg to move that this august House approves the Budget Statement and Economic Policy of the Government for the year ending 31st December, 2012.

Today, I humbly stand before you to present the fourth Budget Statement and Economic Policy on behalf of the President, His Excellency, Prof. John Evans Atta Mills in accordance with article 179 of the 1992 Constitution.

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Collateralisation and Ghana’s Petroleum Revenue
“Any contract, agreement or arrangement to the extent that it encumbers or purports to encumber the assets of the Petroleum Funds whether by way of guarantee security, mortgage or any other form of encumbrances is contrary to this Act and is null and void.” Section 41(2) of Act 815. In April 2011, the Parliament of Ghana passed the Eight Hundred and Fifteenth Act known as PETROLEUM REVENUE MANAGEMENT ACT, 2011. The Act received Presidential assent on 11th April 2011. Gazette notification was also issued on 15th April 2011. more>>>
No progress in governance across Africa: Ibrahim survey
Progress in governance across Africa has stalled since 2011, with deteriorating safety and lack of economic opportunity overshadowing any gains made on the human rights front especially in resource-rich nations, a survey said on Monday.
Oct. 22 (Bloomberg) -- Cnooc Ltd., China’s largest offshore oil producer, and Ghana National Petroleum Corp. made a $5- billion bid to buy Kosmos Energy LLC’s assets in the West African country, including its stake in the Jubilee field, according to three people with knowledge of the matter. The all-cash, fully financed bid, the first from the Cnooc- Ghana National group, was received about two weeks ago, said the people, who declined to be identified as the talks are private.
The Head of IT at the Electoral Commissioner, Mr. Peter Akumiah, has emphatically stated that Ghana will employ the use of a Biometric Voter Register for the 2012 elections. This statement was made in a response to a question put to the head of IT at the Electoral Commission by Mr. Gabby Otchere-Darko, Executive Director of the Danquah Institute at a conference organised by the Institute to interrogate issues pertaining to the introduction of a Biometric Voter Registration and Electronic Voting in Ghana. Mr. Akumiah said a biometric voter register would be implemented for the 2012 elections and could be completed in about a year’s time “if all things work out well,” he said.
Kenya election: Tense wait for Kenyatta and Odinga
Uhuru Kenyatta retains a significant lead in Kenya's closely fought presidential election but it is not clear whether he will pass the 50% threshold to win outright. With 80% of constituencies declared, Mr Kenyatta has 49.9% of the vote, against 43.7% for Prime Minister Raila Odinga. After four days of anxious waiting, election chief James Oswago said the results would be finalised on Friday.
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.
A ruling not in the supreme interest of the nation
In a 5-4 ruling, the nine-panel Justices of Ghana’s Supreme Court on August 29 dismissed the petition filed by the NPP, challenging the validity of the Dec 7, 2012 presidential election won by the current president, John Mahama. Nana Akuffo-Addo, the opposition New Patriotic Party (NPP) challenger and petitioner called the president to concede defeat and congratulated him. He also called on his supporters to accept the verdict, though he disagreed with it, and later announced that he was going to take some time off politics to rest.
What Does the Reshuffle Mean for Developing Countries?
As the dust starts to settle on David Cameron's reshuffle Justine Greening will be starting to make Andrew Mitchell's old office at the Department for International Development (DFID) her own. She may be disappointed at losing her Transport brief, but those of us in the international development community are hopeful that she will soon see all the opportunities available in her new post. In particular, she has the chance to build on the UK's leadership on aid and to go down in the history books as a real leader on one of the big challenges of our time - that of fixing a situation where one in seven people are going to bed hungry despite there being enough food in the world for everyone.
Has Mills lost touch with honesty?
President Mills returned from New York on New Year’s Eve to say that his Christmas trip was so successful that he had “killed two birds with one stone.” He didn’t exactly manage Zita Okaikoi’s feat of “killing two stones with one bird” on her trip to New York, where she had a baby and attended to some tourism duties. Our President, essentially, took an early holiday in New York in order to work during the Christmas break in New York. Bless him! Koku Anyidoho, reportedly, briefed journalists at the Kotoka International Airport on Christmas Eve, the day of Mills’ surprise departure, saying that the President was returning to America, a week after his last trip there, to follow-up with some US investors he met at the New York Stock Exchange (NYSE).
GREDA: STOP $10BN STX HOUSING DEAL, WE CAN DO IT CHEAPER
The Ghana Real Estate Developers Association, GREDA has joined calls for parliament to reject the government’s agreement with a Korean company, STX for the construction of 200,000 housing units at the cost of $10 billion because it does not represent value for money and not in the nation's interest. GREDA says although the plan to reduce the housing deficit through the project is commendable, local contractors can execute the project at less than half the cost quoted by the Korean firm if given the same incentives and exemptions government is keen on granting STX.