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Editorials/Opinion

Why the GH¢1m Ghana Media Development Fund is in limbo

The Ghana Media Development Fund is in limbo. Long after the government announced a GH¢1 million seed money to start the fund to facilitate media development in the country it has not taken off yet. Vice President John Mahama announced the government’s intention to set up the fund on September …

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We doubt Ghana’s $1b a year earnings from gas estimations – IMANI

IMANI has taken note of recent publications in the local and international financial press which appear to suggest that Ghana is poised to earn approximately $1 billion per annum from natural gas production once the ongoing gas harvesting and processing facilities come on stream. We do not believe that this …

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Is Africa the next Asia?

The rhetoric surrounding Africa, or at least the continent’s economic development, appears to be changing. Despite the ongoing global economic turmoil, a number of African nations have been making impressive strides in their development, a point underscored by The Economist’s decision recently to run a leader describing Africa as the …

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The BRICS Summit 2012 – Is an architectural change in world trade and finance in the offing?

The recently concluded BRICS Summit held in New Delhi represented by Brazil, Russia, India, China and South Africa has resulted in some bold measures which may pave way for some structural changes in world trade and finance. Now what is BRICS? The acronym BRIC was the brainchild of Goldman Sachs …

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My call for an open, inclusive World Bank

We live in a time of historic opportunity. Today more people live in fast-growing economies than at any time in history, and development can take root anywhere – regardless of whether a country is landlocked, just emerging from conflict or oppression, large or small. If we build on this, we …

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Telecoms subscriber base reports in Ghana – are they real?

A few weeks after mobile number portability took off in Ghana, some journalists managed to get authentic statistics, which showed 50% of the total number of successful ports going to Vodafone, and only a few porting out of Vodafone. When those figures were published, an executive from another telecoms company …

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It’s time to deliver for girls and women

A few weeks ago, on March 8, the world celebrated International Women’s Day, which serves as a clarion call to honour girls’ and women’s contributions to their families, communities and nations. As our global population swells to over seven (7) billion, we must heed this call by working to ensure …

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Africa as a pole of global growth

As the global economy totters from crisis to anemic growth, Africa is fast becoming a magnet for investments and a safe haven for international capital. Our two institutions, the United Nations Economic Commission for Africa and the African Union Commission, are working with African policy-makers to unleash the potentials that …

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Can government of Ghana implement proposed mining taxes?

Ghana’s 2012 national budget statement and economic policy proposes to reintroduce the following fiscal initiatives into the mining sector: increase corporate tax rate from 25% to 35%; install a windfall tax of 10%; and implement a uniform regime for capital allowance of 20% for five years. The budget also seeks …

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