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- Ghana needs to renegotiate some resource deals- Vice President
ACCRA (Reuters) - Ghana needs to renegotiate some resource contracts to optimize tax revenues for the cocoa-, gold- and oil-exporting nation, Vice President Kwesi Amissah-Arthur said on Wednesday. He said there was a widely held view that Ghana, which posted a fiscal deficit of more than 12 percent of gross domestic product (GDP) last year, needed to increase resource revenues to improve its ...
June 12, 2013 - Reuters via Yahoo! News - Ghana's extravagant funerals drive families into debt
By Lily Mensah ACCRA, Ghana (GPI)-- In Ghana, where families host extravagant funerals that saddle them with debt, funeral crashing has become a weekend affair. A typical funeral typically takes place for three days, attracting hundreds of guests and costing more than a year’s salary. Some members of the community complain that these showy events have gone too far, with some families even hiring ...
June 12, 2013 - UPI - Ghana's inflation hits 3-year high of 10.9 pct in May
By Kwasi Kpodo ACCRA (Reuters) - Ghana's annual consumer price inflation rose to 10.9 percent in May, the highest in three years, the West African nation's statistics office said on Wednesday. An increase in the annual rate from 10.6 percent in April was due to seasonal rises in the cost of education and clothes, and scarcity of major staples ahead of the next harvest, government statistician ...
June 12, 2013 - Reuters via Yahoo! News
Quotes
- Asamoah Gyan in The Associated Press
We've made everybody proud,Gyan said. "Not Ghana alone, but all of Africa." - Bob Bradley in The Associated Press
A stinging, tough defeat,Bradley said. "We knew Ghana was a good team and we didn't get the job done." - John Evans Atta Mills in The Associated Press
You did not win the World Cup but, through your performance, you carried high the flags of not only Ghana but Africa,Mills said.