GAPNEWS

        HAS EXTRACTION OF OIL HELP GHANA’S ECONOMY? By     Atta Peprah George As Ghana enters the oil and gas era there are high expectations about the exploitation of oil may provide for the rest of the economy. It provides some fiscal space while offering the resources and opportunity to address some of the structural constraints to investment and our development. In 2 007 Ghana discovered the largest quantity of oil of any West African economy in the offshore Jubilee oil field. But Finding natural resources increases corruption and this is one of the reasons for the resource curse in Ghana. This has brought about not concentrating on other natural resources (Dutch Disease). It is the process by which a boom in a natural resource sector of an economy leads to the shrinkage of the non-resource tradable sector. This makes the economy more dependent and vulnerable to the resource specific shocks. Although Dutch disease is generally associated w...

                                        ARE DIRECTORS, MANAGEMENT AND STAFF BE BLAME FOR FAILURE OF BANKS IN GHANA?    By Atta George  Peprah Ghana’s banking sector has gone through many difficulty in their operations these days, which has led to most bank in the country not meeting their capital requirements as set by the bank of Ghana and recent collapsed of the seven indigenous banks in our country. According to my point of view most the bank collapsing are as a result of failure on part of directors, management and staff of the banks.            STAFF                                                  Information flow is at the core of every management system, public or private and the correct interpretation...

“I want to flush out plastic bags”…as told by Kwame Adu Kwame Adu President of Nigeria, Mahamadou Buhari, once said “Change begins from you”. And that is exactly what one young entrepreneur, Kwame Adu, did. He was worried about the unemployment rate among youth in his community and the menace of plastic bags taking over the country. This moved him to start a paper-bag manufacturing company that will address both problems. Read more as he shares his story with the B&FT’s Inspiring Start-ups. Eric Kwame Adu Amos is was born in Akyem Hemang, Eastern Region of Ghana. He is a product of the Nkwatia Senior High School (NKWASCO) at Kwahu-Nkwatia, also in the Eastern Region. From there he gained admission to the University of Development Studies (UDS), Wa. Life has not been rosy for Kwame at all. He had to suffer to make it in life, as he lost his mother at age five. At some point he had to be a hawker, selling chilled water on the streets before he got some money for his...