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1979 - constitutional assembly working on a new constitution presents an approved draft to government. 15 May 1979 - a group of junior officers led by Flight Lieutenant Jerry Rawlings attempt a coup. [4] Coup is unsuccessful, the coup leaders were jailed and held for court-martial. [4]
The area of the Republic of Ghana (the then Gold Coast) became known in Europe and Arabia as the Ghana Empire after the title of its Emperor, the Ghana. [1] Geographically, the ancient Ghana Empire was approximately 500 miles (800 km) north and west of the modern state of Ghana, and controlled territories in the area of the Sénégal River and east towards the Niger rivers, in modern Senegal ...
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By 1971 the US$580 million had been further inflated by US$72 million in accrued interest payments and US$296 million in short-term commercial credits. Within the country, an even larger internal debt fueled inflation. [2] Ghana's economy remained largely dependent upon the often difficult cultivation of and market for cocoa. Cocoa prices had ...
The Political history of Ghana recounts the history of varying political systems that existed in Ghana during pre-colonial times, the colonial era and after independence.. Pre-colonial Ghana was made up of several states and ethnic groups whose political system was categorized by 3 main administrative models; Centralized, Non-centralized and Theocratic stat
The National Redemption Council (NRC) was the ruling Ghana military government from 13 January 1972 to 9 October 1975. Its chairman was Colonel I. K. Acheampong , who was thus also the head of state of Ghana .
2003 October - Government approves merger of two gold-mining firms, leading to the formation of AngloGold Ashanti. 2004 December - John Kufuor re-elected as president of Ghana. 2006 - Ghana National football team, the black stars play in the 2006 FIFA World Cup. 2007 March - Ghana @ 50 celebrations mark 50 years of independence from Britain.
Real minimum wages dropped from an index of 75 in 1975 to one of 15.4 in 1981. [1] Tax revenue fell from 17 percent of GDP in 1973 to only 5 percent in 1983, and actual imports by volume in 1982 were only 43 percent of average 1975-76 levels. [1] Productivity, the standard of living, and the government's resources had plummeted dramatically. [1]