A new report ranks Ghana among the top performers in the world in terms of agricultural growth, but says most of the growth has taken place in the south of the country -- another indictment of the pattern of wealth distribution.

Gold Fields says it has approved the US$667million acquisition of IAMGOLD Corporation's 18.9 percent stake in the Tarkwa and Damang gold mines.

The transaction, when fully completed by the end of this week, will increase its interest in each of the Tarkwa and Damang gold mines from 71.1 percent to 90 percent, with the remaining 10 percent interest being held by the Government of Ghana.

An economy in full growth brings myriad benefits to a country but does have the potential to strain existing resources and infrastructure – as Ghana is finding out.

Increasing urbanisation, combined with a rise in primary sector activity and planned industrial expansion have emphasised the need for additional electricity generation capacity in Ghana, prompting the government to adopt a multi-pronged approach to boost supply.
Demand for power has been steadily increasing over the past few years, climbing from an average peak of just over 1200 MW at the start of the decade to 1423 MW by the end of 2009.