Source:GHP
18.3.07
President To Visit Portugal
Source:GHP
17.3.07
U-17 ACN: Ghana 0 Nigeria 2
But two goals, from the young eaglets, one in each half of the game, dashed the hopes of all Ghanaians. Indeed, the Nigerians appeared more determined for the maximum points.
The Nigerians, like their Ghanaian compatriots, played two games earlier winning all with impressive results. The Nigerians are leading the Group B standings with 9 points ahead of their Ghanaians counterparts.
In the other Group B clash, Burkina Faso, who are yet to fetch a point in the competition would want to vent their venom on bottom-placed, Eritrea at Lome.Today at Kegue competition host, Togo, will seek to make amends in their game against Gabon, while Group leaders Tunisia, battle South Africa in the other Group A match.
16.3.07
Flagbearer must have the ability to unite the party and nation-Kufuor
Source:GNA
15.3.07
Going, Going .....
"There is no electricity to run the smelter ... We just decided to shut down," Valco chief executive Charles Mensa said on Thursday..
Asked about how long the shutdown would continue, Mensa said: "We don't know really. It is indefinite -- maybe for the rest of the year." The shut down, the 11th in the history of VALCO since its establishment in 1967 will result in declaring majority of the 700 labour force redundant.
The 200,000-ton-a-year smelter is jointly owned by Ghana's government(90%) and US-based aluminium giant Alcoa Inc.(10%). It is currently operating at 30% of its capacity.
Mensa described the latest action as regrettable and a disappointment to those who looked up to VALCO to realize the late President Nkrumah’s dream of industrialization.
He explained that the decision to shut down was voluntary when the company realised the declining level of water in the Akosombo Dam.
Poor rains have led to chronic power outages in Ghana since September last year. The country relies on hydro-generation for about 60 percent of its electricity, with the balance provided by thermal power and imports from neighbouring Ivory Coast.
Mensa said a staff of about 200 will be retained to secure and maintain the plant. The skeleton staff would build an extrusion and rod-mill plants in readiness for power to provide the environment for the country’s industrialization and the creation of jobs.
He said the shut down would offer the management of VALCO the challenge to develop alternative sources of power. In the interim the extrusion and rod-mill would help to produce aluminum doors and windows and transmission lines for electricity.
He said the long term objective of VALCO was to develop a coal fixed power plant to take the smelter plant off the national grid.
Dr Mensa explained that it was expected that it would take VALCO a minimum of 24 months to develop the plant, adding that VALCO was working with an independent power provider to start the construction as early as possible.
He said the plant, which will cost about $400 million to construct, would generate about 500 megawatts of power.
Dr Mensa said to enable VALCO to produce full capacity; the company required about 350 megawatts of power.
He said when VALCO achieved that objective; it would be in a position to give the surplus power to the state to improve the capacity of the national grid by about 150 megawatts.
Asked whether the use of coal to power a big smelter like VALCO was outdated, Dr Mensa discounted that claim and explained that coal was readily available in Enugu, Nigeria and Southern African countries.
He said VALCO could no longer rely on electricity to run the plant, adding that an investment whose raw material was electricity could no longer be predicted.
Dr Mensa said VALCO was better off generating its own power and taking control of its operations.
Source:GHP
Human right problems in Ghana exposed
Source:Ghanaian Times
14.3.07
AU is uncomfortable with the situation in Zimbabwe - President Kufuor
This comes in the wake of recent horrifying beating and torture of the Zimbabwean Opposition Leader, Morgan Tsvangirai and dozens of his supporters after their arrest at a banned meeting. President Kufuor rejected claims that seek to suggest that the AU has remained unconcerned about Zimbabwean situation, saying, it has all along been making every necessary effort to exercise some influence to help to restore normalcy there. "We want accountable Government. We want multi-party democracy."
The main theme of President Kufuor's address was: "Fifty Years of Ghana's Independence: Prospects and Challenges for Accelerated National Development." He gave a positive assessment of Ghana's economic performance, saying the "indicators point to good prospects for the country's development". The nation, he declared, has entered into a new phase of sustained development and was among the few, listed by the multi-laterals, to likely meet the Millennium Development Goals (MDGs).
"To us in today's Ghana, we know where we are coming from, where we are now and where we are going. What we demand is committed co-operation and support from all our friends." President Kufuor, who is on a three-day state visit to the United Kingdom (UK), said the Government was determined to maintain strict financial discipline to prevent a relapse to the debt situation that forced it to adopt the Highly Indebted Poor Countries Initiative (HIPC). "The Government would not be sentimental in borrowing. We would go in for money that would be of benefit to the development of the economy."
He pointed out that one of the major challenges the country and the rest of Africa was facing was the frustrations in competing on the international market, citing agricultural subsidies by the wealthy nations and the high tariffs imposed on products from the Continent. "We do not feel the World Trade Organisation (WTO) represents Africa's best interest." President Kufuor had earlier at a breakfast meeting with Leaders of Africa Missions in the UK at the Buckingham Palace, noted that the Doha Development Agenda, which provides for the establishment of rules based on equitable trading system, as representing the hope for improving the lives of the peoples in the Continent and to free them from abject poverty.
The debt burden, inequitable trading relations with the developed countries as well as the rampant conflicts on the Continent have conspired to keep Africa poor and weak. He, however, told the Diplomats that through determination, Africa would be able to resolve many of the seemingly intractable problems, standing in its way to growth and prosperity and which have kept the Continent poor and marginalised. President Kufuor said there was hope for Africa as its new leaders were dedicated to re-directing the Continent's destiny for peace and wealth creation.GNA
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