Analyst Sees Growth Potential in Ghana

Posted by Samuel Ampah on 8:12 pm at 8:12 pm

…..on Gold, Oil, but Worries Over Debt, Foreign Aid

President Kufuor at the Cocoa Summit in Accra
President Kufuor at a Cocoa Summit in Accra

Ghana’s economy and politics are stable and should continue to grow as the sub-Saharan African nation enters its 50th year, according to a Deutsche Bank analyst.

Marion Muhlberger said with an annual output of 2 million ounces of gold per year, Ghana is the second-largest gold exporter on the continent, behind only South Africa. And with gold prices well above $700 an ounce, the economy should continue to perform, she said in a report published on the bank’s Web site Friday said.

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Hearts owe 17 billion cedis

Posted by GNA on 7:38 pm at 7:38 pm

Defending league champions, Accra Hearts of Oak is indebted to individuals, institutions and organisations to the tune of 17 billion cedis.
Frank Nwokolo Nelson, Vice-Chairman of Interim Management Committee of the Club who revealed this on Friday during the launch of the Club’s blue print for the season, said the figure was inclusive of debts accrued [...]

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Juju Men Want To Kill Kufuor - Bishop

Posted by Samuel Ampah on 7:26 pm at 7:26 pm

The Presiding Bishop of the Christian Action Chapel, Archbishop Nicholas Duncan-Williams, who is also the torchbearer of the charismatic movement in Ghana, Thursday delivered a terrifying revelation that President John Agyekum Kufuor might not live to finish his term of office that has just thirteen more months to run.
The spiritual warfare against the president has [...]

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Government begins paying ex-workers of Ghana Airways

Posted by GNA on 7:23 pm at 7:23 pm

The Government on Friday started releasing money as severance payments to the 1,400 ex-workers of the defunct Ghana Airways Limited.
The first tranche of two million dollars has been released for processing and payment by December 2007 while the balance of 4.5 million dollars would be made available in the 2008 budget.
In addition, 1.3 million dollars [...]

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First International African HIV/AIDS conference opens

Posted by GNA on 7:20 pm at 7:20 pm

Mr. Abraham Dwumah Odoom, a Deputy Minister of Health, on Thursday called for the strategic placement of women at the forefront of the crusade against the spread of HIV/AIDS through expanded education and empowerment at all areas of their lives to halt the soaring rate of spread of the disease in Africa.
“We need to put [...]

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NPP delegates cautioned against “personal gratitude” voting

Posted by GNA on 7:11 pm at 7:11 pm

Prospective delegates to the New Patriotic Party (NPP) extra-ordinary congress on December 22 have been cautioned against voting on the basis of personal gratitude to aspirants.
Mr. Jake Obetsebi-Lamptey, one of the 18 presidential hopefuls of the party, who gave the caution on Thursday, argued that voting on the basis of personal gratitude could lead to [...]

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CPP members cautioned against anti progressive activities

Posted by GNA on 7:09 pm at 7:09 pm

Dr Edward Delle, National Chairman of the Convention People’s Party (CPP), on Thursday cautioned that any CPP member whose activities would undermine the progress of the party would not be tolerated.
He said, “Anyone who will attempt to derail our march to the Castle come the next General Election would not be spared.”
Dr Delle who was [...]

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SPPC posts income surplus of GH¢73,810

Posted by GNA on 6:44 pm at 6:44 pm

The Super Paper Products Company (SPPC) recorded an income surplus of GH¢73,810 between January and September this year.
Mr Probal Kumar Das, Managing Director of the company who announced this at an emergency general meeting of directors and shareholders in Tema on Wednesday said this feat was achieved through a “Strategic Plan” to turn the [...]

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