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Due to some technical problems, ghanabusinessnews.com went down for over 24 hours. We sincerely apologise to our cherished visitors who have not been able to access the site during this period. We are working around the clock to stabilize…

Oil can be a curse to poor nations

Oil is a curse. Natural gas, copper and diamonds are also bad for a country’s health. Hence, an insight that is as powerful as it is counterintuitive: poor but resource-rich countries tend to be underdeveloped not despite their hydrocarbon…