2013 ushered in the most significant change in the United States‚Äô Africa policy since the passing of PEPFAR 10 years ago. The unveiling of investment-focused initiatives‚ÄĒPower Africa and Trade Africa‚ÄĒreflects not just a change in how the Obama administration views the continent, but also how foreign investors have prioritized it. But policy rarely achieves its objectives without equal attention to implementation. A number of implementation barriers‚ÄĒold regulations and new policies working at cross-purposes, and limited on-the-ground capacity‚ÄĒthreaten to undermine America‚Äôs new approach to the continent in 2014. If 2013 was marked by change in U.S. strategy towards Africa, 2014 will be marked by the recognition that 90 percent of the success of that strategy is implementation.
This is the Age Distribution of Ghana‚Äôs 2010 population of 24.391 million.
This number includes all persons domiciled in Ghana as at 2010 regardless of citizenship.
Although the elections were held in 2012, the voter register was compiled at a time when these were the population distribution
NPA‚Äôs Arrogance or Economics?
On the eve of the New Year, 2015, the National Petroleum Authority (NPA) announced a reduction in ex-pump prices of petroleum products by 10% across board. This was not without drama. Most of the headlines that followed the announcement pointed to price reduction under duress. A number of civil society organizations and political parties put pressure on NPA to reduce the prices due to reasons such as the oil price crush and relative stability in the value of the local Ghanaian currency. Some of the organizations threatened public demonstrations against NPA and the Government; a situation that was expected considering that petro-politics is a feature of petroleum pricing in most parts of the world.
Public policy and governance think tank, the Danquah Institute has expressed grave concern about the Electoral Commission's decision to register all persons in the country who, simply, are in possession of identity cards issued by the National Health Insurance Authority.
At a press conference organised by DI last week, a fellow of the institute, Mr. Boakye Agyarko, explained that ‚Äúone of the objects of the National Health Insurance Authority‚ÄĚ as captured on the NHIA‚Äôs website which states that ‚Äúpersons not resident in the country but who are on a visit to this country‚ÄĚ can obtain NHIS cards is deeply worrying.
FITCH Rating‚Äôs latest report on Ghana lays particular emphasis on the importance of Ghana‚Äôs democracy and stability to the country‚Äôs economic prospects. Whiles it gives a negative outlook based on how the economy is being run, Fitch makes the point that Ghana‚Äôs credit rating has not, however, fallen below ‚ÄėB‚Äô because of the country‚Äôs ‚Äústrong governance record and recent democratic history,‚ÄĚ and that, this is ‚Äúreflected in Ghana‚Äôs ability to attract foreign direct investment, which at 7% of GDP is well above that of Nigeria, Gabon, Zambia, Kenya and Angola.‚ÄĚ
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 ‚ÄúDanquah Institute predicts 64.7% win for Kwabena Agyepong.‚ÄĚ
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.
Taxation 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 ‚Äď 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‚Äôs 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.
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: ‚ÄúSo, what has Nelson Mandela‚Äôs South Africa done with its freedom?‚ÄĚ
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‚Äôs tragic events at Marikana, had become somewhat hysterical, short-term and often negative