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Editorials/Opinion

Pension savers, sit tight

If you want a happy, worry-free Christmas then as well as the usual injunctions about not raking up past familial misdemeanours over Christmas dinner, you should probably also avoid looking at your pension fund statement. The average balanced managed fund is showing a loss of just under 24% in the …

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Drug dealers threaten Ghana’s democracy

Ghanaians go to the polls Sunday December 28, 2008 to vote in a presidential run-off but many fear that the amount of cocaine trafficked through the country threatens to overshadow the result and the country’s democracy. Ghana is said to be the staging post of the cocaine route from South …

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A look at Nigeria’s economy: Production, growth targeting

With every conviction, our respected Central Bank monetary policy egg-heads are hell-bent on adopting inflation targeting, a monetary mechanism that is applicable for nations with functioning or incipient productive base such as South Africa and Ghana or with industrial base such as Europe, Asia and United States but which may …

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Ghana’s election as redemption for West Africa

When Ghana’s next President emerges whoever he is he will have earned the right to consider himself the representative of hope for the growth of genuine democracy throughout the West African sub-region. Apart from the circumspect and efficient manner in which most observers report that the first polls were conducted …

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World leaders reward Wall Street and fail children out of school

The 8th High Level Group meeting on Education for All concluded in Oslo, Norway last week. This much expected Oslo meeting touted to be the turning point in ascertaining education through mobilizing high amount of political will and resource commitment has once again failed the worlds hard to reach children. …

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Mining gold in Ghana: Timing is everything

Ask Douglas MacQuarrie about timing and he’ll point to his stock price. While all of the Juniors have suffered with the sub-prime mortgage meltdown and the subsequent liquidity crisis, PMI Gold was hit particularly hard. Focused on the mining-friendly and resource rich sub-Sahara country of Ghana, PMI Gold Corp was …

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Another roller coaster ride for exchange rates in 2009?

2008 has been an exceptionally tumultuous year for exchange rates. The American dollar soared, the Japanese yen went into orbit, the euro fell to earth, and the British pound crashed, leaving a giant crater. Emerging-market currencies were hammered, as were “commodity currencies” such as the Canadian, Australian, and New Zealand …

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The dark side of chocolate

As Christmas nears, spare a thought for the hundreds of thousands of children in Ghana and the Ivory Coast who are forced to work as slave labourers. They are kidnapped, taken from their families and their schools. They are sold as slaves. Some are sent far away; some forced into …

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Mining in Ghana – paradox of profits, pollutions and poverty

Mining in Ghana has been going on for over 100 years now. And 100 years of any business venture is long enough to show visible signs of progress and understandably positive returns, both economically and socially. But whatever benefits mining in Ghana has brought the country, can best be seen …

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Ghana Elections: Too close to call in Accra

Not since Ghana played Brazil in the 2006 World Cup has the whole nation been galvanised around a single event as now. It is election time. Both a presidency and a parliament of 230 members are in the gift of the electorate. And how the electorate is making the candidates …

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