Ghana

The list of problems for the STX housing deal grows longer as plans to fly in thousands of Asian workers divide the project’s backers. STX Group of Korea declared its intention in ...

More than halfway through President John Atta Mills’s ‘Action Year’ and almost a year since the government first announced that Ghana’s Eastern Corridor was to be rehabilitated, a ...

A year after it was first proposed, the US$1.5 billion housing deal between a South Korean company, STX, and the Ghanaian government is no nearer completion. The contract to build ...

After only two years in office, the National Democratic Congress government has increased Ghana’s total debt from US$8.1 billion at the end of 2008 to $13.4 bn. in May 2011. That g...

Critics of President John Atta Mills’s trade deals with China are claiming that two of the biggest financing arrangements are unlikely to go ahead as planned. These are a US$5 bill...

Former Finance Minister and chief statistician Joe Abbey has added his voice to those warning the Accra government to take action over spiralling debt liabilities ahead of the coun...

The announcement on 17 August by ExxonMobil that it is abandoning its campaign to buy a 23.5% stake in the Jubilee field, Africa’s biggest offshore oil field, is likely to precipit...

President John Evans Atta Mills has remained above the fray throughout the dispute between the Ghana National Petroleum Corporation (GNPC) and Kosmos Energy but has set up two comm...

The grand launch of Ghana’s commercial oil production this year has begun inauspiciously with a bruising battle between the government and the state oil company on one hand and Ame...

Aside from the party political rivalries, geopolitics and diplomatic jousting involved in the Kosmos Energy debacle in Ghana, there is a central concern: that the government stands...