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Newsflash

  • GHANA MUST WAKE UP, SHOUT FOR A NEW REGISTER AND SHAKE UP THE EC -

    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.”

  • Danquah Institute Reacts to Bogus Polls On NPP General Secretary Race -

    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.”

  • 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.

  • Africa’s tax systems: progress, but what is the next generation of reforms? -

    Mick MooreTaxation is zipping up the development agenda, but the discussion is often focussed on international aspects such as tax havens or the Robin Hood Tax. Both very important, but arguably, even more important is what happens domestically – are developing country tax systems regressive or progressive? Are they raising enough cash to fund state services? Are they efficient and free of corruption? This absolutely magisterial overview of the state of tax systems in Africa comes from Mick Moore (right), who runs the International Centre for Tax and Development (ICTD). It was first published by the Africa Research Institute.

    Anglophone countries have led the way in reforming tax administration in Africa, considerably more so than their francophone peers. The reasons for this are numerous. Networks of international tax specialists are based mainly in English-speaking countries. Many of the modern systems that promote best practice within tax authorities were developed in anglophone countries, especially Australia. International donors, and particularly the UK’s Department for International Development (DFID), have directly and indirectly promoted a lot of reform of national tax authorities. In fact, this has been one of the success stories of British aid.

  • TWO DECADES OF FREEDOM: What South Africa Is Doing With It, And What Now Needs To Be Done -

    As the 20th anniversary of the birth of democracy in South Africa, on April 27 2014, approaches, it seems a perfect opportunity to take a step back and get a long-range perspective on the important question: “So, what has Nelson Mandela’s South Africa done with its freedom?”

    Goldman Sachs has produced this report in the hope of contributing to- wards a more balanced narrative on South Africa; one, which in the wake of 2012’s tragic events at Marikana, had become somewhat hysterical, short-term and often negative

  • Shifting Power? Assessing the Impact of Transparency and Accountability Initiatives -

    Accountability and transparency initiatives hav e taken democratisation, governance, aid and development circles by storm since the turn of th e century. Many actors involved with them – as donors, funders, programme managers, implementers and researchers – are now keen to know more about what these initiatives are achieving.

    This paper arises from a review of the impact and effectiveness of transparency and accountability initiatives which gathered and analysed existing evidence, discussed how it could be improved, and evaluated how impact and effectiveness could be enhanced. This paper takes the discussion further, by delving into what lies behind the methodological and evaluative debates currently surrounding governance and accountability work. It illustrates how choices about methods are made in the cont ext of impact assessment designs driven by different objectives and different ideological and epistemological underpinnings. We argue that these differences are articulated as methodological debates, obscuring vital issues underlying accountability work, which are about power and politics, not methodological technicalities.

  • ADVISORY NOTES TO PARLIAMENT ON THE PETROLEUM AGREEMENTS BETWEEN THE REPUBLIC OF GHANA, AGM PETROLEUM AND COLA NATURAL RESOURCES -

    The Ministry of Energy has officially laid before Parliament two Petroleum Agreements for ratification following earlier approval by Cabinet. The Agreements are:

    1. Petroleum Agreement among Government of the Republic of Ghana, Ghana National Petroleum Corporation, GNPC Exploration and Production Company Limited and AGM Petroleum Ghana LTD in respect of the South Deepwater Tano Contract Area (and shall be called AGM Contract for the purpose of this Analysis).

    2. Petroleum Agreement among Government of the Republic of Ghana, Ghana National Petroleum Corporation, Cola Natural Resources and Medea in respect of East Cape Three Points Contract Area (and shall be called Cola Contract for the purpose of this analysis).

    This Advisory Notes is provided to members of Parliament to enrich debate during the consideration of the Agreements. The Notes are based on analysis by the Africa Centre for Energy Policy (ACEP) of the Negotiated Agreements and the memoranda accompanying them. These Notes do not cover most of the subjects in the two Agreements as most of them have common provisions. The focus of the analysis therefore covers subjects that show material differences between the Agreements for the purpose of enriching the debate in parliament.

  • CADA DISCUSSES OVER VOTING -

    Of late Ghanaians have become obsessed with throwing electoral ‘jargons’ around arising from the recent Election Petition in the Supreme Court of Ghana and most people have overnight turned themselves into Electoral Specialists in view of the enormous interest generated during the petition hearing. However, there are still lack of clarity and understanding in some of the widely used electoral terminologies. The Centre for African Democratic Affairs (CADA) a ‘Think Tank’ of Election Experts, has taken upon itself the challenge to critically examine some of the terms that created confusion in the minds of people during the court proceedings. One of such terminologies is over voting whose definition is still ambiguous even after the ruling of the Supreme Court. CADA therefore discusses the term Over Voting in the first of its series.

  • A strong Parliament is key to fighting corruption - Minority Leader -

    The Minority Leader in Parliament, Osei Kyei Mensah-Bonsu, has stated that strengthening Parliament’s financial oversight responsibilities is critical to combating corruption.

    He noted that “the evil enterprise of corruption which has become cancerous in Ghana”, explaining that Parliament has no option than to demonstrate extreme concern about the problems and threats that corruption poses to the stability and security of the country.

    He said corruption undermines state institutions and the values of democracy, as well as cultural and traditional values and the justice system. According to him these work against sustainable development and the rule of law.

  • Mike Ocquaye calls for bi-partisan inquiry into Vikileaks -

    Former Member of Parliament for Dome Kwabenya constituency, Prof Mike Ocquaye, has called for a Parliamentary nquiry into comments made by sacked Deputy Communication Minister, Victoria Hammah, on a leaked tape.

    Prof Ocquaye who is also a former Second Deputy Speaker of Parliament said Parliament is mandated to enquire into allegations of corruption such as those made by Victoria Hammah.

    Miss Hammah said on the leaked tape that has gone viral since last week that the Minister of Gender, Women and Social Protection played a key role in the August 25 ruling of the Supreme Court Judges on the 2012 Election Petition.


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Wikileaks Ghana: Top of the Pops

Written by IMANI

04 September 2011

Embassy was approached by two advisors to National Democratic Congress (NDC) candidate John Atta-Mills, Edward Nunoo and Sylvanos Tamakloe, who told Political Office that Electoral Commission (EC) Chairman Kwadwo Afari-Gyan was being pressured by the ruling National Patriotic Party (NPP) to announce false results that would be supplied by the NPP. The EC Chairman told Ambassador that the allegations were "utter nonsense." #WIKILEAKS more>>>

Highlights of Nana Addo's vision - Excerpts of Liberty Lecture

Written by Danquah Institute

01 September 2011

4th August 1897 first Ghanaian lawyer, John Mensah Sarbah, pioneering Pan-Africanist Joseph Casely Hayford, Peter Awoonor Renner, Jacob W. Sey, George Hughes, J. P. Brown and others established the Aborigines Rights Protection Society in Cape Coast. The Society mounted an effective, successful campaign, mobilizing the chiefs and people, to oppose the infamous 1897 Crown Lands Bill, which sought to expropriate our lands to the British Crown. more>>>

“Building a society of aspirations and opportunities in Ghana – the path to prosperity” Speech delivered by Nana Addo-Dankwa Akufo-Addo at the 1st liberty lecture

Written by Nana Akufo-Addo

31 August 2011

The Danquah Institute is to be warmly commended for initiating what hopefully will be these annual lectures, and I thank them most sincerely for giving me the honour of delivering the first in the series.

The Institute had originally scheduled this lecture to be held on 4th August to commemorate the special significance of that date in our nation’s history and thereby provide the rationale for these Liberty Lectures.

Click here for full speech

 

 

 

Parliament approves over $10bn loans in 26 months

Written by The New Statesman

02 September 2011

 

Documents available to the New Statesman from Parliament House indicates that from June 2, 2009 to August 26, 2011, Parliament gave its approval to loans, totalling $10.04 billion. This includes 9,379.62 million in US dollars and 439,664 million in Euros.

Further checks made by this paper indicates that a total of $18.9 billion worth of loans have been presented to Parliament for approval since President JEA Mills took office in January, 2009.

Read Article