Sunday, September 24, 2017

Africa’s IMF Debt Rising

While it surely beats the imagination, a number of African countries have found themselves enmeshed in dealings with the International Monetary Fund (IMF). The countries'...

Lee Kuan Yew, Death Of A Visionary, An African Perspective

Lee Kuan Yew, the former prime minister of Singapore, died on March 23 2015. He was an iconic leader who transformed a small backward...

Ghanaian Economy Pinched Under IMF Lead

Almost eight years ago, the Ghanaian government performed an act that its leaders knew would come back in boomerang fashion. It artificially overvalued its...

Manufacturing Scarcity – My Uncle and His Western Ideas in Economics

NTOABOMA -- Growing up, my grandfather reared cattle. On the flip side of the family tree, my great grandmother was the daughter of a...

African Men Don’t Print Their Own Money, Don’t Make Their Own Guns – What...

EGBA FORTRESS OF ABEOKUTA -- Freedom has become an idea. Even an illusion. The reality of which has long escaped the consciousness of the...

Modern Economics—A Philosophy of Transferring Wealth to The Rich

Reflections on economic activity—the considerations of matters of production, exchange, distribution, and consumption of commodities—are ancient. Mathematicians and philosophers since Kemet and Timbuktu studied...

Empowering Small and Medium Enterprises (SMEs) for economic self-sufficiency in Ghana

Capacity Development Centre Ghana in an article cites statistics from the Registrar General’s Department that 92 percent of companies registered are micro, small and medium enterprises. They are noted to contribute not less than 70 percent to the GDP of the country and therefore have significant impact on economic growth, income and employment.

U.S. Shuts Its Door On Nigeria’s Oil Exports

The search for alternative energy by the Barack Obama administration in the United States of America (USA) has begun to take a toll on...

Hess Corporation finds more Oil in Ghanaian Waters

According to Hess, it had achieved “outstanding drilling performance in terms of drilling time and cost per foot with gross costs averaging $40 million per well for the last three wells, including success case logging”.

My Manhood and the Mis-Education of the Governor of the Bank of Ghana

“I would prefer to be the least important person in a United Africa, than the most important person in a divided Africa.” (Sekou Toure...