Doe, James W. Central government borrowing results in National debt as we all know. But all the debt debate in Ghana should be put in a global perspective. In order for all to know the full story and see the true picture it is good to most importantly to confront debt with capital investment outlays; … Read more
World leaders have reacted with anger after North Korea carried out its fifth and reportedly biggest nuclear test. The South accused the North’s leader Kim Jong-un of “maniacal recklessness”. China “firmly opposed” the test, Japan “protested adamantly” and the US warned of “serious consequences”. Such tests are banned by the UN, but this is the … Read more
North Korea says it has successfully carried out its fifth nuclear test. The announcement on state media came hours after a seismic event was detected near its nuclear test site. South Korea believes it is the North’s biggest ever test, raising fears the state has made real nuclear advances. South Korean President Park Geun-hye called … Read more
North Korea is believed to have carried out its fifth and largest ever test of a nuclear device, South Korean military officials say. South Korean President Park Geun-hye called it an act of “self-destruction” which showed the “maniacal recklessness” of leader Kim Jong-un. It was detected as a 5.3 magnitude quake close to the nuclear … Read more
Ransford Obeng has opined that, Ghana does not necessarily need a Christian to govern the nation, but one who seeks to develop the country economically. The Founder and Leader of the Calvary Charismatic Church, was speaking to Citi News ahead of Prophet Eastwood Anaba’s visit to his church this weekend. He explained that “When you … Read more
Heads of sports federations in the country have called on the leadership of the Ghana Olympic Committee (GOC), led by Prof Francis Dodoo, to immediately start the process towards an electoral congress slated for November 5 this year. This, according to the presidents of the federations, is to ensure that the Ghana Olympic cycle is … Read more
Britain’s Andy Murray made his earliest Grand Slam exit of the year as Japan’s Kei Nishikori fought back to win their US Open quarter-final in five sets. Murray, seeded second, led by two sets to one but eventually lost 1-6 6-4 4-6 6-1 7-5 in three hours 57 minutes. The Wimbledon champion lost his rhythm … Read more
President John Mahama is making a strong case for trade and investments from the country’s development partners rather than just aid. According to the President, looking at the current challenges facing Ghana, bringing in the required capital to support businesses and the economy should be seen as the best way out. President Mahama disclosed this … Read more
Ghanaian master coffin maker, Joseph Tetteh Ashong (Paa Joe) paraded his coffins on the streets of Nottingham on August 28, 2016, ahead of his movie screening ‘Paa Joe and The Lion’, at Broadway Cinema. Paa Joe (with family name Joseph Ashong) is a Ghanaian figurative palanquin and fantasy coffin artist born 1947 in the region … Read more
1. On August 28, 2016, Agreement between the Government of Japan and the Government of the Republic of Kenya for the Promotion and Protection of Investment is scheduled to be signed by Mr. Fumio Kishida, Minister for Foreign Affairs of Japan, and Mr. Henry K. Rotich, Cabinet Secretary for National Treasury of the Republic of … Read more
Preparation for the Sixth Tokyo International Conference on African Development (TICAD-VI) began today with a Senior Official’s Meeting (SOM) at the Kenyatta International Convention Centre, Nairobi, Kenya. This is the first time since its inception in 1993 that TICAD is being held in Africa and the TICAD VI Summit demonstrates the continent’s ownership of the … Read more
Abuja (AFP) – Nigerian President Muhammadu Buhari said Sunday that Boko Haram leader Abubakar Shekau is “wounded”, in his first comments on military claims that the jihadi leader was injured in an attack. Nigeria’s armed forces said on Tuesday that Shekau had been wounded in an air strike on Boko Haram’s forest stronghold, but released … Read more
1. On Sunday, August 28, commencing at 11:56 a.m. (local time; 17:56 p.m., Sunday, August 28, Japan time) for approximately 30 minutes, Mr. Shinzo Abe, Prime Minister, who is visiting Nairobi, the Republic of Kenya, to attend the Sixth Tokyo International Conference on African Development (TICAD VI), attended the Japan-Africa Business Conference at the Kenyatta … Read more
Lack of credit support and investment guarantees from the Russian government and financial institutions have been cited as the major impediments for Russian companies willing to invest in the African continent. These setbacks have culminated in the world’s biggest country by size lagging behind such economic powerhouses as the United States and China in expanding … Read more
I am not the first Nima boy to be in this land of the tallest statue. I will certainly not be the last. Every year, a lot of our folks from around the world come to this land to ‘worship’ in the mosque of one of the foremost Islamic scholars of West Africa, Sheikh Ibrahim … Read more
The Chinese on Sunday appeared to spoil Japan’s big publicity from the Tokyo International Conference on African Development (Ticad) in Nairobi, when Beijing’s head of delegation questioned Tokyo’s ability to fulfil the promises made during the summit. Mr Zhang Ming, China’s Vice-Minister for Foreign Affairs, was in Nairobi in what he said was to “gain … Read more
President John Mahama has urged African countries to create an enabling business environment that will guarantee the security of foreign direct investments. He contended that measures such as the availability of reliable data and the reduction of the cost of doing business are key ingredients to the success of foreign investments on the continent. The … Read more
Tanzania, which won the geopolitics battle with Kenya, by snatching away the pipeline deal, has also upped its stake with its gas plant, trying to upstage Mozambique, which is still reeling from dampened investor confidence, following the $1 billion hidden funds scandal with IMF. The start of the gas pipeline plant will also raise confidence … Read more
Boosting agricultural productivity and food security in Africa will require collective efforts by African countries and their partners. Japan already plays a significant role in boosting sustainable agricultural development on the continent. The country’s strong commitments, combined with the political will manifested by many African nations to eradicate hunger and malnutrition, will help to propel … Read more
Africa has the potential of becoming the world’s food basket, Ghana’s President John Mahama has said. Speaking at the 6th Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya, Mr Mahama said: “Africa has the potential to be the world’s next most dynamic growth sector. We have the world’s youngest population and some … Read more