A national opinion poll conducted by international market research organization, Synovate, has the 2012 Presidential Candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, 5 percentage points ahead of his closest rival, President JEA Mills, Presidential Candidate of the ruling National Democratic Congress, in the run up to the 2012 general elections.

However, if elections were held today Nana Akufo-Addo would lead but still fall short of the more than 50% mark required for outright victory. The opinion poll carried out in September this year surveyed a total of 1,723 respondents.

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The World Bank has urged Ghanaians to expand public discussions on the controversial record loan facility from China to focus more on interrogating the efficient use of the funds and the nature and scope of the projects selected in order to achieve the desired national development results.

Speaking at a public forum on the $3 billion Chinese Development Bank loan for infrastructural development, organized by the Danquah Institute, the resident Chief Economist of the World Bank, Sebastien Dessus, has called for a competent assessment of infrastructural projects to ensure that Ghana consistently gets value for money and that such investment spending does not disturb future national budgets and the country’s ability to pay off its debts.

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Figures from the West African Examinations Council show that the pass-rate of students who sat for the Basic Education Certificate Examination has been on a constant downward decline since 2009. In sum, out of the total number of 1,121,817 students who sat for the BECE in the past three years, 574,688 failed to achieve the pass mark.

This means that more than half a million young people, with an average age of 15 years, have been thrown onto the streets with no employable skills in the past three years alone.

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The World Bank has urged Ghanaians to expand public discussions on the controversial record loan facility from China to focus more on interrogating the efficient use of the funds and the nature and scope of the projects selected in order to achieve the desired national development results.

Speaking at a public forum on the $3 billion Chinese Development Bank loan for infrastructural development, organized by the Danquah Institute, the resident Chief Economist of the World Bank, Sebastien Dessus, warned against the pursuit of “white elephant projects.”

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Other Stories

President Mills’ executive judgment overruling the judgment of the Supreme Court is unconstitutional and against the founding principles of the NDC: By Martin A. B. K. Amidu
On the night of Thursday 24 May 2012 I read on ghanaweb.com/GhanaHome Page a story with the title ‘Government no longer selling ‘Jake Bungalow.”’ The story in its concluding paragraph ‘“described the acquisition as “immoral”’. I also read a statement attributed to the Forum for Governance and Justice (FGJ) in which my nephew and kinsman Dr. Appaak was alleged to have said: “the forum will study the docket and possibly seek redress .. The plaintiff – Okudzeto Ablakwa and Omane-Boamah have also indicated that they will push for review of the case.” Another newspaper on the same web on 24th May 2012 referred to the judgment as “Stinking Supreme Court Ruling ..” and concluded that: “We wish Justice Brobbey a happy retirement and may he live long to experience ….his actions.” I also read another newspaper with the title “Two “Jake Bungalow” Judges are NNP – Akume.
Research International Opinion Poll - March 2011
The results showed a 15% discrepancy between the percentage who claimed to have voted and the actual outturn in 2008. This result is not surprising in view of the general tendency among Ghanaians to over-claim. This is a typical therefore one must always tamper claims with a little bit of caution, whether it is in the consumption of products or relationship to things or individuals. Therefore, the near 90% respondents who said they would vote in 2012 must be looked at carefully since the average over the past three elections is no where near 80%. Click here for full details of report
KEN OFORI-ATTA CHARGES GHANAINS OVER ASSAULT ON OUR DEMOCRACY, ‘STOP BEING QUIET, BE OUTRAGED!’
Ken Ofori-Atta, the Chairman of the Databank Group, has charged on Ghanaians, including the youth, teachers, NGOs, journalists and clerics to stop being quiet and neutral in the search for justice and show some courage and outrage in the face of attacks on integrity in our democracy and the way the nation’s finances are being mishandled. He said this when he delivered the second of the William Ofori-Atta (Paa Willie) Institute for Integrity Lectures at the British Council Hall, last Tuesday (March 12, 2013).
Supreme Court corrupted the Constitution
The Executive Director of the Danquah Institute, Mr Gabby Asare Otchere-Darko says he does not intend to apologise to the Supreme Court for his description of the Court’s election petition verdict as ‘corrupt’. The comment which followed the verdict that upheld the validity of President John Dramani Mahama’s election in the 2012 presidential election, has widely been deemed contemptuous.
Under her Model Petroleum Agreement (MPA), Ghana, a newcomer in the global oil industry has adopted the Royalty Tax System to govern the fiscal regime for the country’s petroleum sector. Even before production tentatively begins in 2010 when the agreement would be put to test, critics say that Ghana would obtain greater financial benefit under the terms of a production-sharing contract (PSC). This paper discusses Ghana’s MPA and contrasts this to the argument that the country would benefit from using PSCs. The paper describes the MPA, the advantages and disadvantages of an R/T system and those of the PSC System. The paper exceeds the argument that form matters, and points to the importance of either systems having to achieve a stable consensus between the main parties involved. more >>>
*Free* SHS: The *Precious* Facts & Figures
Q. Why is IMANI and some Ghanaians against Free Education? How can this be a bad idea? A. Well, since no politician has the means to offer free education in Ghana, and since no such policy is by definition possible, this question contradict its terms. Q. What do you mean? Haven’t the PPP, NPP and CPP all made clear pledges to provide free SHS education? It is likely the PNC will follow suit, leaving the NDC with no choice but to announce its own version of the same idea – free SHS education – by whatever name. There is a clear political consensus building, and only fringe groups like IMANI are against this noble idea.
Democracy and Africa’s Search for Development
The clamor for democracy all over the globe is not accidental. Those who go about such business of agitating for democratization are convinced that no society truly desirous of development can ignore democracy. The democratic experiences of the developed countries of the world lend credence to the truth of this claim. However, the reverse seems to be the case in many of the third world countries where there has been a huge golf between the anticipated gains of democracy and the reality on ground. Click here for full report
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View from AfricaBy Daniel Howden, Africa CorrespondentSaturday, 2 October 2010 To the casual visitor, the most obvious sign of China in Africa is also the most fleeting indication of the country's deepening engagement with the continent: On the road into Nairobi you pass a green and red arch commemorating Beijing's friendship with Kenya. Clones of this giant Chinese character lie in wait outside a host of other African airports. But the reality of China's surge towards becoming the continent's largest trading partner is borne out by what lies beneath your vehicle: the road was built by a Chinese contractor. If the African experience is anything to go by, China's move to strengthen its investment in Brazil is unlikely to be its last. The Centre for Chinese Studies at Stellenbosch University in South Africa issues a weekly update on Sino-African commerce and development. The bulletins reveal a transformative geopolitical phenomenon. This week's highlight was the US$15bn (£9.5bn) contracts signed between Ghana and China for infrastructure projects and loans for oil and gas development. Ghana's President, John Atta Mills, eschewed a high-profile global summit in New York on the future of aid to spend six days in Beijing sealing the largest deal of its kind in his nation's history.
After experiencing inflation of 40.5% plus in 1999-2000, inflation in Ghana is currently 9.08%. The current government is boasting that it has consistently brought inflation down from the highest of 22% from mid 2009. The NPP administration naturally credited itself for bringing inflation down from 40.5% to the 18% in 2008 when they left power. In this paper I intend to look at the policies both administration worked on to bring down the figures. In the developed economies, sound monetary and fiscal policies are the most important tools for maintaining low inflation. The central bank’s monetary policy committees are given an inflation target by the government. The first step is for the central bank to try and predict future inflation. They look at various economic statistics and try to decide whether the economy is overheating. If inflation is forecast to increase above the target, the central bank will increase interest rates. Most central banks have used interest rates to try and achieve inflationary target.