Fifty years ago, Milton Friedman published an article in the New York Times that articulated what has come to be known as the Friedman doctrine: “the social responsibility of business is to increase its profits.” It was a theme he had developed in his 1962 book Capitalism and Freedom,...
An Op-ed by Charles Abani, UN Resident Coordinator, Ghana
Peace is 16 years old. She wakes up twice at dawn to breastfeed her 6-month-old baby. As one of the brightest students in Katejeli Junior High School, Peace has won the admiration of her peers, teachers and her headmaster. “I am...
The promotion of peaceful and inclusive societies is a requisite for sustainable development, and this requires great efforts on all fronts including control over arms flows and crimes, as highlighted by the Sustainable Development Goal (SDG) 16. However, the widespread of small arms and light weapons constitutes one of...
Admiring the sea at the Goree’ Island in Senegal somewhere September 2016, a conversation ensued as regards the status of Chinua Achebe and Prof. Wole Soyinka in Africa.
A lot were said about these two; albeit I cannot recall all that was discussed. One thing that still lingers or rings...
The NanoLab Foundation, a subsidiary of the NanoLab Corporation - a USA-based non-profit organization, has sensitised and donated 2,000 face shields to members of the Ashaiman Market Women’s Association and porters to help curb spread of the coronavirus.
The advent of coronavirus pandemic has brought with it restrictions in the...
The World Bank has indicated that Ghana is among countries expected to see fiscal deficit increase significantly and hit double-digits by the end of this year (2020).
In its Africa’s Pulse report (October 2020), the Bretton Woods institution ascribed the trend to loss of revenue and increased spending.
The country now...
Nana Agyekum Dwamena, Head of the Civil Service (HCS), has said Personal Assistants (PAs) and Technical Advisors (TAs) at various Ministries, Departments and Agencies (MDAs) are impeding the work of civil servants.
This development has become a cause for concern. Consequently, the new civil service law has made clear proposals...
Fiscal deficit is tipped to hit double digits
Economy still at high risk of debt distress
The World Bank has intensified its call for Ghana and other African countries to spend wisely and implement innovative strategies which will broaden the tax net to capture every income-generating activity in order...
The Ghana Cocoa Board (COCOBOD) has said it will spend US$250million on rehabilitating cocoa farms over the next three years.
The country is seeking to cut down and replant diseased and over-aged cocoa farms under a cocoa rehabilitation programme launched by President Nana Addo Dankwa Akufo-Addo last month. About 40...
Newmont Ghana, in partnership with the government of Ghana and Ghana Cocoa Board (COCOBOD), has cut the sod for construction of the 41 kilometre road from Nkawkaw to New Abirem Road in the Eastern Region as part of efforts to promote infrastructural development in its host communities and surrounding...