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There are many places in Ghana in which you would like to settle down and live happily. One of the best places of tourist attraction in Ghana is Kakum National Park. Here you will find various types of plants and can experience the wildlife. You can also see spectacular view which is 100 feet above the floor of the forest. In Kakum National Park you can see Aburi garden in which you can see plants which maintains natural reserves. The beauty of this garden attracts lots of butterflies and birds. The open Kumasi Central Market in Ghana with about 10,000 vendors is a good place for shopping lovers. Here you can buy anything that you want from food items to cloth.
Moving to Ghana requires proper planning, appropriate packing of household and investigation about the various administrative procedures. You also need to know lots of information about Ghana and its customs rules and regulations. Moving to Ghana may prove to be time consuming and more expensive if you lack requisite information about Ghana and existing rules in that country. It is advisable that you hire services of expert movers in moving to Ghana. The moving companies on our site are expert in moving to Ghana and they will provide you all necessary guidance and assistance to overcome the difficulties you might face in moving to Ghana. In fact, you have to just choose a mover from our site and rest will be done by that moving company. Once you assign your household to one of the movers on our site they will ensure that your household is transported to your new location in Ghana promptly and safely.
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ACCRA, Jan 29 (Reuters) - Ghana’s economy remained robust in 2007 thanks to a bond issue and a 35 percent surge in gold exports which more than compensated for a slip in cocoa output from the previous year’s record, the central bank said.
Gold exports earned the West African country $1.73 billion in 2007, up from $1.28 billion the previous year, the central bank’s economic review committee said in a quarterly report, a summary of which was seen by Reuters on Tuesday.
“Generally, the economy recorded a 12.6 percent increase in total merchandise exports to $4.19 billion in 2007, compared to the previous year,” said the committee, which is headed by the Central Bank Governor Paul Acquah.
“Total trade with the outside world recorded a deficit of $3.88 billion, up from $3.03 billion in 2006,” it said.
Despite a widening current account deficit, Ghana’s overall balance of payments for 2007 nevertheless recorded a surplus of $413.1 million due to capital inflows, including proceeds from its $750 million debut international sovereign bond issue. The issue, which was four times oversubscribed, had helped boost Ghana’s gross international reserves to $2.8 billion, enough to cover slightly more than three months’ imports, the committee said.
Inward remittances from organisations and individuals reached $6.9 billion, 19.3 percent more than in 2006, it said.
Income and corporate tax collections grew by 22.4 percent in 2007, the report said.
The committee was upbeat about the economic outlook, saying Ghana’s economy remained “robust and resilient” despite rising crude oil prices that had pushed up domestic inflation.
Finance Minister Kwadwo Baah-Wiredu has blamed a spike in annual inflation to 12.7 percent in December on oil prices and Christmas shopping, but said inflation was projected to fall below 10 percent in 2008 and a 7 percent growth target was achievable in 2008.
Another cloud on the horizon was poor performance of the manufacturing sector, which the central bank committee said was still lagging behind other sectors of the economy, partly due to lack of credit available to operators.
The government signed an interim trade agreement with the European Union last month in a last-minute bid to avoid harming its goods exports to the world’s biggest trading bloc, whose trade preferences for poor countries expired on Dec. 31.
But under the new “economic partnership agreement”, Ghanaian manufacturers will gradually face more competition from Europe.
Last year was a jubilee year for the West African country as it celebrated 50 years of independence from Britain with the redenomination of its now stable cedi currency and the discovery of viable oil reserves off its Gulf of Guinea Atlantic coast.
That oil will likely not come on stream for two years.
But the find has cemented confidence as Ghana heads towards a presidential election in December, when President John Kufuor will stand down after serving the maximum two terms in office.
Tariff cuts and structural economic reforms have contributed to Ghana’s improved growth rates and macroeconomic fundamentals since 2001, according to a new report by the WTO Secretariat.
The review of Ghana’s trade policy (WT/TPR/S/194) noted that competitiveness was hampered by its complex tariff structure and shortages of infrastructure, skilled labour and access to finance. It said that continued reforms, including the adoption of a competition policy, streamlined customs procedures, a rationalised tariff regime, further privatisation, and multilateral trade liberalisation, would make Ghana’s trade regime more predictable and contribute to more efficient resource allocation and higher economic growth. Market opening by Ghana’s trading partners would help, the report added.
The WTO Trade Policy Review Body met on 28 and 30 January so that delegates could discuss the report.
Ghana’s main economic policy objective is to achieve middle-income status by 2015, which would imply substantial poverty reduction. Goals include becoming a leading agro-industrial country, with an expanded agricultural processing sector, as well as promoting regional and global integration and export diversification.
Despite growth, poverty remains major problem
Since the last review in 2001, Ghana’s GDP grew by an average of 5.1 percent annually from 2000 to 2006, with per capita income rising from $320 to $450. Macroeconomic fundamentals also looked better: inflation fell from 27 percent in 2003 to 10.6 percent in 2006. Boosted by greater government revenues and money from international donors, the fiscal deficit fell. Foreign debt has also been reduced substantially under the Highly Indebted Poor Countries (HIPC) initiative.
Despite these indicators and notable achievements in poverty reduction, poverty levels remain high, with half of Ghana’s population - some 23 million people - living on less than a dollar a day.
The government continued to be heavily reliant on imports duties (including VAT and excise duties imposed on imports) which make up more than 55 percent of public revenue. Simplified tax structures and customs procedures have helped the government increase the duty collection ratio.
Agriculture key growth driver
Agriculture was the key driver of growth, helped by productivity increases, high international prices and trade reforms. The sector accounts for 38 percent of GDP and 50 percent of employment. Cacao is Ghana’s main cash crop and most important export product together with gold and timber. Other cash crops included oil palm, coconut and coconut.
Despite growth in production the report found that Ghana’s agricultural sector as a whole was characterised by small-holder farms affected by low productivity. The government provides assistance through extension services and subsidized seeds.
Production and exports of logs and timber has declined, and the government has prohibited exports of round or unprocessed logs and raw rattan cane and bamboo to encourage domestic processing.
Ghana has a relatively diverse industrial base centred around agro-processing, textiles, pharmaceuticals and electronics, but manufacturing accounts only for a modest 10 percent of GDP, the report found. The low competitiveness of Ghanaian industry was reflected in the positive tariff escalation in food products and textiles that also implied a high effective protection for value-added sectors.
State enterprises in the energy sector had escaped privatisation, with a state monopoly on electricity transmission and distribution. Low water levels in the Volta dam had disrupted electricity production and caused power cuts, even though the country normally exports electricity. An offshore oil discovery was announced in 2007 but production had yet to start. Fuel subsidies accounted for a large share of government expenditure.
While the share of mining and quarrying in GDP fell below 5 percent, gold, Ghana’s second most important export product, generally accounted for over 30 percent of total exports in most years covered. Mining also attracted the predominant share of the country’s foreign direct investment inflows.
As for services trade, the review found that Ghana was a net importer of services, mainly freight. Travel was an important foreign exchange earner and transport and communications revealed high growth rates. State-owned enterprises dominated the sectors of reinsurance, fixed-line telephony, postal services, inland water transport, and maritime port operations. The country has made binding WTO commitments in the tourism, financial services and telecommunications sectors to open its market to competition from foreign services companies.
The EU accounted for 40 percent of Ghana’s imports and 50 percent of its exports. Nigeria and China are its next biggest trading partners. Despite steps towards regional integration — Ghana belongs to the Economic Community of West African States (ECOWAS) — intra-regional trade has remained low. ECOWAS’ moves to establish a customs union have been delayed.
Tariff structure may inhibit competitivess
Ghana’s average applied MFN tariff fell from 14.7 percent in 2000 to 12.7 percent in 2007. Farm products faced an average rate of 17.5 percent while that for industrial products was 12 percent. Diary products and tobacco were the most heavily protected agricultural goods.
The report pointed to some complexities in Ghana’s tariff structure: ‘negative escalation’ (lower tariffs on more processed products) in for agricultural commodities; positive escalation for food and beverages, textiles and apparel, chemical, and non-metallic products; and mixed escalation for wood and paper products. It warned that such a tariff structure may inhibit the competitiveness of certain industries and discourage investment in others, and proposed duty and tax incentives as a solution.
Areas where Ghana needs technical assistance include customs reform and capacity building, the development and implementation of standards and other technical requirements, drawing up implementing legislation for WTO intellectual property rules, and enhancing the negotiating capacities of trade officials. The report also mentions difficulties caused by inadequate representation at WTO headquarters in Geneva.
During discussions of the review at the WTO, US Ambassador Peter Allgeier praised Ghana’s progress on reforms, and urged it to privatise infrastructure services such as electricity, suggesting that this would help improve industrial competitiveness and attract investment. He also called on the West African country to strengthen the protection and enforcement of intellectual property rights.
Other Members urged Ghana to adopt a competition policy and reduce the role of state-owned enterprises. Concerns were also raised about the application of various charges on imported products for which tariffs have been bound at zero. Members asked for information about the few remaining restrictions in Ghana’s generally liberal investment regime, and encouraged it to increase its notifications of compliance with its multilateral commitments to the WTO.
Vanessa Anderson, who is just 15, dreams big — not just about her own life but about ways she can help others.
Here’s proof: In April, when members of Maple Valley’s Real Life Church go on a mission trip to Ghana, West Africa, Vanessa will be among them.
So will her mother, former Auburn resident Dustie Torp.
If Vanessa has her way, a 40-foot cargo container packed with children’s vitamins, reading materials and, possibly, well-drilling equipment, will be waiting for them when they arrive.
Call it a dream built from a challenge.
In August, Vanessa traveled to a remote area of Guatemala with a mission team from the church. The church has been involved with a children’s home there for a decade.
Vanessa returned home convinced she was meant to go on a mission to Africa this spring.
Fine, Torp told her, “but you’re not going halfway around the world without me, and if you’re serious, you’ll have to raise all the money ($5,500) by yourself.”
Vanessa set out to do just that, writing letters to service clubs and other organizations and telling whoever would listen that she was available to work.
Along the way, she ran into David Corner, an energetic 72-year-old from Tacoma who, despite having Type 2 diabetes and a four-way heart bypass, runs The Gathering Project, a nonprofit he launched 10 years ago.
The effort ships donated school and medical supplies, furniture and some dehydrated food across the world — and across the country — for churches, community groups and other organizations.
Dream big, he told her. Don’t just think about taking a suitcase full of school supplies or children’s vitamins. Think about taking a cargo container full of supplies, one that could be used — when emptied — for a classroom or a clinic.
Vanessa took his words to heart.
She’s now spearheading an effort to raise $16,000 by the end of this month to buy the container and cover the cost of shipping it to Ghana.
It will go to Bamboi, a place that is just now getting electricity and where residents walk long distances for water.
For Vanessa and others making the trip, it’s more than just a faraway place in a strange land.
There’s a personal connection.
Nana Kwaku Dapaah II, a member of the church who lives in Maple Valley with his wife and the youngest of his two sons, is from that area. Dapaah, an immigrant who travels to Ghana several times each year, is paramount chief of the Mo tribe, about 100,000 people who live in northwest Ghana. Living and working in the United States allow him to take opportunities to his people that they wouldn’t otherwise have.
Dapaah, whose oldest son just graduated from the University of Washington, was surprised when he learned of Vanessa’s plan.
“It’s a real love that a little girl is going out of her way to reach out to the outside world,” he says.
“I think it’s laudable. It will show my people that Americans are very great.”
Dapaah will travel to Ghana before the mission team “so I can make them feel welcome.”
Vanessa, who has been homeschooled since the middle of third grade, describes herself as “kind of shy, but trying to break out of that.”
You wouldn’t know that once Vanessa sets her sights on a goal, says Dina Davis, wife of Clark Davis, the church’s missions director.
“She’s very sweet,” Davis says of Vanessa.
“She’s also very goal-oriented. When she puts her mind to something, she goes after it. She’s the kind of person who, once she decides what she wants, goes for it. Time doesn’t deter her. Obstacles don’t deter her. She’s one of the most mature teenagers I know.”
And she isn’t afraid to ask for help.
She wants yours.
“If we don’t raise the money (for the container) in time, we’re going to keep working at it for another group that will go down,” she says.
“I’ve learned that it’s OK and cool to go for things that are totally bigger than what you originally thought. I like that.”
TO HELP
Donations may be made to the “Ghana Container Fund” at Key Bank. Tax-deductible donations may be sent to “Real Missions” at P.O. Box 1511, Maple Valley, WA 98038. (A note should indicate the donation is for the container.)
Customs officers have seized hundreds of headless rats which were being smuggled to London So African diners could crunch into their bones and flesh.
Hundreds of rat corpses - which had been smoked to improve their flavour - were found at Tilbury Docks, in London.
The grisly discovery was made by customs officials as they made a routine inspection of a shipment of synthetic hair at the docks.
Closer investigation revealed boxes containing the carcases of 340 kilos of headless rats.
The giant cane rats, which had been smoked prior to shipping, arrived in a shipment from Ghana and are considered a delicacy in the country.
The illegal trade in the meat of wild animals has been devastating animal populations for decades and experts fear the unrefrigerated meat is capable of carrying diseases such as foot-and-mouth, anthrax, the Ebola virus, TB and cholera.
John Kaye, Assistant Director of Criminal Investigations at Ipswich, said: “This discovery of bushmeat has stopped an illegal and un-regulated product with health implications from reaching our streets.”
A 42-year-old West African woman has been arrested at an address in London in connection with the illegal importation and later bailed pending further enquiries.