Business in Ghana

We Understand the issues that make the News

Archive for June, 2008

Prophet Amaniampong predicts 2008 President

Posted by Business in Ghana on June 30, 2008

Ghana will go through a period of high political tension between August and December 7, 2008 after which the country will elect a new president. There will be a smooth and peaceful transition of power to an elected government based on God’s choice after a second round balloting for the presidency.

Apostle Schambach Amaniampong, the Director of Schambach Theological College made these prophetic revelations in an interview in Accra at the weekend, during the graduation and ordination of 45 prophets10 pastors and 12 reverend ministers of the gospel.

Carly Vincent Ahiable, TNG correspondent in Accra

Posted in Uncategorized | 5 Comments »

Azumah, No More Fighting Please

Posted by Business in Ghana on June 30, 2008

Jeff Fenech pushed his way through the media pack and playfully lifted up Azumah Nelson’s shirt.

“Show `em how fat you are,” Fenech taunted as he pointed at Nelson’s near 50-year-old midriff.

The banter was not appreciated by the Ghanaian, who ordered Fenech out of the South Melbourne gym they used on Wednesday to prepare for Tuesday’s return bout between the two triple world champions, 16 years after Nelson inflicted the first knockout of the Australian’s decorated career. “Tell him to go out, get him out,” Nelson barked as he avoided Fenech’s attempts to pose for a photo together. At least Nelson’s demeanour, if not his abs, suggested Tuesday’s bout will not be a lighthearted payday between 49-year-old and 44-year-old has-beens.

Azumah lost the fight on a 2-1 split points decision.  The money was GOOD!!

Posted in Uncategorized | 1 Comment »

The Issues of Child Slavery

Posted by Business in Ghana on June 28, 2008

390 Child Slaves Still At Krachi
About 390 trafficked children are still under bondage labouring for fishermen on five Islands around Kete Krachi in the Volta Lake area. They are among 424 children identified and registered by the Counter Trafficking Unit of the International Organisation for Migration (IOM) mission in Ghana. So far, only 36 of the children have been rescued and re-united with their families because the organisation cannot rescue the others due to financial constraints. Mr Eric Peasah, Counter Trafficking Project Manager, said ‘it costs a lot of money to rescue these children because we have to compensate the fishermen before they are released to us’. He said after compensating the fishermen, the IOM takes the children through a rehabilitation process for three and half months for them to have access to psycho-social counselling to enable them to heal from their traumas. Mr Peasah said afterwards they are either taken to school or provided with materials to learn a trade. He said the orga-nisation depends on sponsorship support for such rescue missions but the moneys are not readily available to undertake the rescue missions.

Posted in Uncategorized | 10 Comments »

Mugabe’s Dictatorship Push

Posted by Business in Ghana on June 28, 2008

It has been done with great brutality, but Robert Mugabe has achieved an extraordinary turnaround here. Back in March, when the first round of voting took place, he was humiliated by being beaten into second place in the presidential race, and by losing the parliamentary election outright. Now he’s the sole effective candidate in Friday’s presidential run-off, and he cannot fail to win with an overwhelming majority. His opponent, Morgan Tsvangirai, has been completely outmanoeuvred. The outside world, which mostly sympathises with him, can do nothing whatever to help him. The suburban street outside the Dutch embassy where he’s taken refuge in Harare is empty, except for a few security policemen on the look-out. Even his choice of embassy has been turned against him by his political enemies. It might well have been better for him politically if he had chosen an African rather than a European country to ask for help. As it is, MDC supporters are gloomy and resentful. They are also cowed.

By John Simpson, World affairs editor, BBC News, Harare

Posted in Uncategorized | 6 Comments »

Ananse and Ntikuma, Things Fall Apart

Posted by Business in Ghana on June 27, 2008

Ghanaian culture is steeped in oral tradition, spectacular in its praise songs. Each line gives a colorful description of some aspect of the person’s “praise name.” The call-and-response form is simple. The poet speaks (calls) a line of the poem, and the audience responds on cue with its line. The audience will repeat the same line throughout the poem; each of the poet’s lines will be different.

Traditional protocol requires a linguist to interpret the king’s words and visitors not talk directly to the king. The linguist, in turn, talks to the king, who then responds directly back to the linguist. This method of triangular dialogue prevents the king from making a mistake, since one could always blame the linguist if there is a misunderstanding.

On this basis, presidential spokesperson Andrew Awuni, announced the “Grand Order of The Star and Eagles of Ghana” on June 23rd, 2008, which can only be bestowed on president Kufuor himself and coup d’tat maker supremo, JJ Rawlings. Vice presidents are relegated to The Order of the Star-Companion. The highest and most important award in our country today is to be President. Nothing trumps that!

In 1958, Chinua Achebe created Okonkwo, who rose from nothing to become an important man in the village of Umuofia, a powerful clan, skilled in war, proud tradition and advanced social institutions (AFRC, June 4 1979).  When died, clan members were not allowed to touch Okonkwo’s dead body, it is taboo! Others must do this, just as Ntikuma must for his Ananse.

Sydney Casely-Hayford, Publisher of The New Ghanaian

Posted in Uncategorized | 21 Comments »

Dual Citizenship vs Dual Allegiance

Posted by Business in Ghana on June 24, 2008

The new game in town is disqualifying Ghanaian nationals from some political offices on grounds that they possess dual citizenship. There is no law in Ghana that disqualifies dual citizens, although there is a law that disqualifies those who owe allegiance to another country. This triggers an obvious question, what is the relationship, if any, between citizenship and allegiance.

Allegiance is a term of art that originates from the common law. Under the common, allegiance was permanent and was determined by nationality. As the old judges used to write “nemo potest exuere patriam,” which simply meant “the bond of nationality once forged could never he broken.” Accordingly, anyone born a British national owed an allegiance to the British crown which he could never resign or lose.

To assume that multiple citizenship means or implies allegiances to multiple countries is plainly wrong. Our laws allow dual citizenship and do not impose any liabilities on dual citizens, who are Ghanaian nationals. Our laws impose occupational liabilities on citizens who owe allegiance to other countries. This latter law cannot be enforced by proxying citizenship for allegiance. 
The wholesale disqualification of people on grounds that they have dual citizenship is unconstitutional and must cease forthwith.

S. Kwaku Asare, “AZAR”

Posted in Uncategorized | 3 Comments »

The New Kumasi Archbishop

Posted by Business in Ghana on June 24, 2008

I congratulate the new Archbishop, Most Rev. Thomas K. Mensah. I pray that the Spirit of the Lord will be with you as you minister to the flock.

Nana Sarpong, ayikoo! You deserve every minute of the “rest” time you’ve been granted. Nevertheless, I believe that once a minister, teacher, mentor, father, you will always play those roles, until the Lord calls you to eternal rest. You are in my prayers always.

Christina, NY

Posted in Uncategorized | Leave a Comment »

Tsatsu Tsikata Jailed 5 Years

Posted by Business in Ghana on June 23, 2008

Many readers would have read the judgement passed on Tsatsu Tsikata a former Chief Executive of the Ghana national Petroleum Corporation( GNPC), to five years imprisonment for wilfully causing financial loss to the state and misapplying public property.  This was reported last week on and  respectively. One agrees that it is right to hold people to account and the seriousness of this case.  However, although one recognised the seriousness of the case, there are some few questions which one would like clarified to the ordinary lay person.  Was Tsatsu’s decision to invest with Government funds illegal Valley Farms or just inappropriate?

Does this action equate to a criminal activity?

Did Tsatsu personally gain from this activity?

As a member of the previous Government was this case brought due to a political motives? It would be helpful to get answers to these concerns in order to fully understand the processes.

Mercy Adede-Bolus, Social Commentator

Posted in Uncategorized | 21 Comments »

Campaign 2008

Posted by Business in Ghana on June 9, 2008

This will be the likely outcome of the 2008 General Elections in GHANA if it is free and fair according to my research. While many dread such an outcome. I am all for it. Why? Because I think that will be the best thing ever happened to our democracy. It will strengthen Parliament to play its critical role in Nation building. The current Parliament is too weak to play any effective role in national development. It has abandoned its role as a check on Executive power. It is not performing its role of being the controller of the purse rather it exist to just rubber stamp Executive acts without any critical examination and debate. It fails to check abuses, it does not invite Ministers to Parliament for hearings, and has no power to act when people like Wereko Brobbey treat the house with contempt. A parliament controlled by the opposition is our surest bet in reducing governmental corruption.       

My conviction of the outcome of the 2008 general elections is based on the fact that the advantage enjoyed by the NPP in the last presidential elections has been eroded by failure of government to honour its promises, rise in poverty, the energy crisis, armed robbers terrorising people, large army of unemployed youth who the NPP led government has failed to create jobs for.

Ben Ofosu -Appiah, Political Analyst

Posted in Uncategorized | Tagged: , , , , , , , | 12 Comments »

AGOA, Mango-less run around for Ghana

Posted by Business in Ghana on June 9, 2008

For an agrarian economy, you would expect agricultural growth, both in-house and exported. For Ghana, the last year has translated into fruitless attempts to export its seasonal crops of mango, pineapple, avocados and other exotic and sought after passion foods in the Diaspora. A year to May 9th, I wrote about AGOA and Ghana’s wasted effort. The article had its fair share of criticism, mainly from government institutional heads, whose parochial interests trump reality especially when economic indicators matter. The comparative 2007 report re-trends the statistics shown in 2006. Petroleum product imports accounted for the largest portion of AGOA imports with an overall share of 93%, ergo, the US is really only very interested in oil imports from Africa. AGOA has a remarkable list of products for export. At last count there was a list of over 800 items, including apparel and agricultural products. The US can buy oil directly through other sources; OPEC and direct bilateral agreements, of which there are several. The concept of AGOA introduced by the Clinton administration was to encourage African countries to increase their exports in non-traditional products to the US, thus adding value to raw material from developing economies. Instead, US imports grew 18% with Nigeria, Gabon – 60%, Chad – 12% and Equitorial Guinea – 3%. Imports from South Africa grew 21%, including minerals, catalytic converters and crude oil. AGOA textiles and apparel imports remained virtually constant at $1.3 billion and agricultural products fell 25% to $271.5 million. Top five beneficiary countries were Nigeria, Angola, South Africa, Chad and Gabon. I hope the pattern is clear here. Angola recently passed Nigeria as Africa’s largest oil producer The Southern African country, one of OPEC’s newest members, claimed the top spot for the first time pumping 1.873 million barrels per day in April, 55,000 bpd more than Nigeria. Read the Angola Story Click Here Yet, we cannot see the benefit in this program, high jacked for the benefit of the US penchant for extreme waste in fossil supplies. President George Bush has visited Ghana twice this year already and had his “bi-lateral” talks with leaders and private sector business people. There is oil in Ghana and large quantities of it. You can feel the excitement building up. Tullow Oil and Anarko in Cape 3 Points. The US President does not travel for nothing! Will I still gripe come 2010 when we in turn become a large oil producing country? Yes! Who knows whether the hybrids and fuel-efficient cars would have made gas fueled engines redundant by then? I would like to take my chances now and REALLY focus on taking advantage of the AGOA concessions, before the US reverses AGOA.

Sydney Casely-Hayford, Publisher of The New Ghanaian

Posted in Uncategorized | 9 Comments »