Word: nkrumah
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Dates: during 1960-1969
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...While Nkrumah's ministers raced around with their mistresses in big Mercedes cars, Ghana's new rulers stress thrift, churchgoing and close family ties. They are hospitable to foreigners; outside the capital of Accra, billboards that once proclaimed "Down with Neo-Colonialism" now read "Ghana Welcomes Foreign Investment." One sure sign that Ghana is a different place these days was the friendly visit there last week by Vice President Hubert Humphrey, the first top U.S. official to visit Ghana since Richard Nixon went to its independence celebrations...
Exploiting a Letdown. Ankrah has cut down government expenses by 20%, laid off at least 83,000 earners from what was fondly called "no-work pay" in the old days, and shipped tons of coins bearing Nkrumah's likeness to be melted down in the British Mint. By devaluing Ghana's currency 30%, Ankrah has shrunk imports and wiped out a foreign trade deficit that totaled $840 million when he took over. He has given such U.S. companies as Firestone Tire & Rubber and Union Carbide contracts to revitalize Nkrumah's mismanaged state corporations...
...Ghanaians praise Ankrah, many of them are chafing for a return to party politics and parliamentary rule, a particularly natural wish in a country that is rich in vocal professionals. Sensing that such a return may be imminent, some politicians have exploited the emotional letdown from the years when Nkrumah promised Ghana the leadership of all of Africa. They have charged Ankrah with turning the country into a provincial, beggar nation, made such an issue out of an agreement that gave Abbott Laboratories of Illinois control of the state pharmaceutical corporation that Abbott decided last month to leave Ghana...
...civilian rule." It may take that long for a planned National Constituent Assembly to approve a draft constitution, which now calls for a division of power among a president, prime minister and parliament. The council would then permit political parties, but plans to bar about 1,000 former Nkrumah aides from holding public office for ten years...
...Nkrumah continues to broadcast to Ghana from exile in Guinea. Ghanaian police have raised the proffered reward for his capture from...