GhanaGHANA,
Enhancing Trade and Accruing Investment
LATEST REPORT
February 4th, 2002




 Ghana
A country with a vision.

Introduction - Perfect vision - Banking on the future - Opportunities in privatizations - Stock exchange continues to expand - Strong commitment to infrastructures development - Flying high - Made in Ghana - Mining and energy - Powering the economy - Cocoa industry - Competitive telecommunications - Benefits of the lottery - Tourism blooms


Benefits of the Lottery

Another source of income for the state is the Department of National Lotteries (DNL), which has substantially supported national development through contributions to the government's consolidated fund over the past four decades. DNL averaged 300 million cedis annually until the mechanization of its operations in the mid-1990s. Revenues then soared to over 900 million cedis, and are set to grow further with the introduction of new games and the on-going computerization of operations.

Winner's dream...
Management Lottery of Malaysia is acting as consultants to DNL in its modernization. The ultimate objective for DNL's director, Col. Martin Gbikpi, is to have all DNL operations on-line. "This would make the games more transparent and limit risk. We are determined to be effective and efficient so DNL can continue to support the government's development projects."
Perhaps the major constraint to DNL's ambitions for the future is its continued operation under civil service regulations. M. Gbikpi is pressing for DNL's autonomy to make for a more effective administration while providing better incentives and opportunities for its staff.


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© World INvestment NEws, 1999.
This is the electronic edition of the special country report on Ghana published in Forbes Magazine´s
October 6th 1999 Issue.
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