Accra Central Post office

 

News page
Last update:
Thursday October 30, 2014
 
 
Video Share Page

Deals Lost as 14-Hour Ghana Blackouts Threaten Economy’s Growth

 

Bloomberg, Oct 30, Ghanadot - Ghana exports oil, is the world’s second-biggest cocoa grower and the largest gold producer on the continent after South Africa. That’s not been enough to keep the lights on with officially scheduled blackouts lasting as long as 14 hours, slowing growth and forcing businesses like Amey-Obeng’s Forever Clair Group Co. to scale back and say no to potential contracts.

The West African nation’s economy is set to expand 4.5 percent in 2014, compared with 7.1 percent a year earlier, according to the International Monetary Fund. That would be the slowest pace in five years and below the sub-Saharan African average of 5.1 percent. Ghana is in talks with the IMF for an agreement that could lead to $800 million of aid as soon as January, Finance Minister Seth Terkper said on Oct. 20.

Debate / Respond
 
FIFA WORLD CUP

More in the news

 

Personality of the week.....

FIFA World Cup
 
 

Loading

How to avoid being infected with Ebola
 

 

Comments/Notables
 

Video - Chicago Activists Unchained, Destroy Black Leadership - RebelPundit

Commentary - The Planter Breeder’s Bill, Genetically Modified Seeds and Us - E. Ablorh-Odjidja

Commentary -  In response to the Ebola scare - Winston Davies

Review - Did Ebola Escape Back To Africa - Yoichi Shimatsu

Commentary - Gloomy Outlook for Ghana, Where Gold Does Not Shine Anymore - Vikram Mansharamani, Ph.D

Commentary - HIV/Aids and Ebola, don’t blame it all on Africa - E. Ablorh-Odjidja

Commentary - Ghana’s democracy remains doomed unless… - Dr. Michael Bokor

Commentary - Watching political history unfold and sanitized in the Black community - E. Ablorh-Odjidja

Commentary - HAS ENOUGH EDUCATION BEEN DONE ABOUT NUCLEAR ENERGY GENERATION IN GHANA - Jude Nuru

Commentary - View on Obama’s presidency; in a letter - E. Ablorh-Odjidja

Commentary - Any questions about low grade education?  - Build Better Teachers - Mona Charen

..........More

New

 

Videos and pictures in the news

 
 

More videos

 

 

WE ARE ON THE SIDE OF GHANAIAN WORKERS

Release, Oct 29, Ghanadot - For the avoidance of doubt, the National Pensions Act 2008 (Act 766) clearly describes the second tier pension scheme as a mandatory fully funded and privately managed occupational pension scheme. Thus, we members of this coalition regard the seeming interference by government as not only undermining the spirit of the pensions Act but also marks a clear breach of the Act and should therefore not be countenanced in the slightest sense by all well meaning Ghanaians........More

 

 

 

Huge Burkina Faso march against President Compaore

BBC, Oct 29, Ghanadot - Mr Compaore took power in a coup in 1987, and has won four elections since then.The opposition has called for a campaign of civil disobedience to force him to quit next year.......More

 

 

Deals Lost as 14-Hour Ghana Blackouts Threaten Economy’s Growth

Bloomberg, Oct 30, Ghanadot - Ghana exports oil, is the world’s second-biggest cocoa grower and the largest gold producer on the continent after South Africa. That’s not been enough to keep the lights on with officially scheduled blackouts lasting as long as 14 hours, slowing growth and forcing businesses like Amey-Obeng’s Forever Clair Group Co. to scale back and say no to potential contracts....... More

   

Australia halts visas from Ebola-affected region

SeatlePI, Oct 28, Ghanadot - Australia is suspending entry visas for people from Ebola-affected countries in West Africa in an attempt to keep out the disease.....The government is canceling and refusing non-permanent or temporary visas held by people who are not yet traveling, and new visa applications will not be processed......More

 

 
World Media
 

ABC, Australia

FOXNews.com
The EastAfrican, Kenya
African News Dimensions
Chicago Sun Times
The Economist
Reuters World
CNN.com - World News

All Africa Newswire
Google News
The Guardian, UK
Africa Daily
IRIN Africa
The UN News
Daily Telegraph, UK
Daily Nation, East Africa

BBC Africa News, UK
Legal Brief Africa
The Washington Post
BusinessInAfrica
Mail & Guardian, S. Africa
The Washington Times
Voice of America

Business & Financial Times

CBSnews.com
New York Times.......
Vanguard, Nigeria
Christian Science Monitor
News24.com
Yahoo/Agence France Presse

u
  SPONSORSHIP AD HERE  
 
    Announcements
Debate
Commentary
Ghanaian Paper
Health
Market Place
News
Official Sites
Pan-African Page
Personalities
Reviews
Social Scene
Sports
Travel
 
    Currency Converter
Educational Opportunities
Job Opening
FYI