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References

Ghana Western Region

The Country

: Republic of Ghana

Capital City

: Accra

Commercial Language

: English

Currency

: The Cedi

Exchange rate

: US$1 - 9,167.73 cedis

Minimum wage

: Cedi, 16,000/day (Feb. 2006)

Population

: 18,912,079 (Ghana Statistical Service, 2000    Population Census)

Population Density

: 79.3 persons per square km [2000]

Female Population

: 50.5% [2000]

Male Population : 49.5% [2000]
Children Below 15 years

: 41.3% [2000]

Elderly Persons Above 64 years

: 5.3% [2000]

Growth Rate

: 2.6% [2000]

Literacy Rate : 64.5%
Male

: 70%

Female

: 51%

Land Size

: 238,537 km2 (92,100 square miles)

Land Area

: 23.8 million hectares

Arable land

: 13 million hectares [57%]

Electricity

: 220 - 240 Volts

Local Time and Business Hours

: Local time is the same as Greenwich Mean Time [GMT]. Business Hours are as follows:
08.00 to 12.00 hours and 13.00 to 17.00 hours

Geographical location : Latitude 4- 11.5 North and Longitude 3.11 West and 1.11 East
Coastline

540 km

Climate

: Tropical, General 21-32 C Rainy Seasons, March - July, Sept. - Oct.

 
Type

: Constitutional Democracy

Executive

: President, Cabinet

President

: H. E. John Agyekum Kufuor

Legislature

: Unicameral National Assembly

Constitution

: Approved, 28th April 1992

Judicial branch

: Supreme Court

Legal System

: Based on English common law and customary Law.

 

GDP Per Capita

: US$420

Real GDP Growth

: 5.8%

Inflation (end of December 2005)

: 14.8%

Domestic Primary

 

Balance (Surplus)

: Equivalent to 3.4% of GDP

Net Domestic Financing

: 1.6% of GDP(repayment)

Domestic Debt to GDP Ratio

: 11.5%

External Debt

: UD$6,200 million

Total Receipt (including grants)

: ¢28,256.4 billion

Total payments

: ¢29,873 billion

Gross Foreign Exchange Reserves

: US$1,894 million i.e. 3.7 monthsof import

Sovereign Credit Rating

: B+ (Standard & Poors) , B+ (Fitch)

Ghana Stock Exchange

: 3rd best performing Stock Exchange in the world in 2004 (US$ return of 86.5%).

Sectoral Growth (2005)

Agric

: 46.7%

Industry

: 22.1%

Services

: 24.3%

 
Trade (2005)

Export (FOB)

: US$2,733.1 Million

Imports (FOB)

: US$5,260 Million

Major Exports Cocoa , Minerals (Gold, Diamond, Manganese, etc.) Timber and Wood Products, Aluminum Products, Pineapples, Tuna, Prepared or Preserved Fish.

Major Imports

Plant, Machinery and spare parts, petroleum products, raw materials and other intermediate goods

Major Export Destinations

:United Kingdom , Switzerland , Italy , Togo , Netherlands , USA , Germany , Japan and Nigeria

Major Import Origin

Nigeria , United Kingdom , Cote d'Ivoire , USA , Germany , Netherlands , Japan , South Africa and Italy

 

Ghana boasts of one of the most pluralistic and independent media in Africa . There are over 140 newspapers, 19 magazines.

TELECOMMUNICATIONS (30th June 2006)

 

Mobile Telephone Subscribers:
  Areeba

: 2,180,000

  TiGO

: 770,154

  Kasapa

: 136,823

  Onetouch

: 711,119

  Total : 3,798,096

Fixed Telephone

Ghana Telecom

 

 
a.
Subscriber base

: 345,581

 
b.
Payphone

: 11,430

Westel

 
 
a.
Subscriber base

: 2,816

 
b.
Payphone : 165
Teledensity
: 19%
 

Summary of Service Providers including Internet Service Providers as at 31st December 2004

NO. CATEGORY No. Authorised - No.
No. Operating
National Fixed Network Operators 2
2
National Mobile Cellular Network 4
4
Paging Services Providers 10
10
Internet Data Service Providers 128
128
VSAT Data Operators 106
106
Public/Corporate Data Operators 61
29
FM Stations 128
84
TV Stations 28
4 Free on Air / 4 View Per Day
* Source - National Communications Authority

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