Business in Ghana

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Archive for July 3rd, 2009

World Bank Approves $535 million Package for Ghana

Posted by Business in Ghana on July 3, 2009

Washington DC–June 30, 2009. The Board of Directors of the World Bank today approved a total of US$535 million to support three credit facilities aimed at helping improve economic governance and stabilizing Ghana’s economy. They are:

Economic Governance and Poverty Reduction Credit (EGPRC) US$300 million

Transport Sector Project US$225 million

Natural Resources and Environmental Governance (NREG) US$ 10 million

These first set of credits are part of US$1.2 billion the Bank plans to support the government of Ghana with over the next three years.

Posted in Uncategorized | 4 Comments »

Evan Chandler tells the truth about Michael Jackson

Posted by Business in Ghana on July 3, 2009

In 1993, Chandler told a psychiatrist and police that he and Jackson had engaged in sexual acts that included oral sex, the boy gave detailed description of Jackson’s genitals. The case was settled out of court for a reported $22 million, but the strain led Jackson to begin taking painkillers. Eventually he became addicted.

Now maybe for the remorse of his death Chandler decides to tell us the truth. ” I never meant to lie and destroy Michael Jackson but my father made me to tell only lies. Now I can’t tell Michael how much i’m sorry and if he will forgive me ”.Evan Chandler was tape-recorded saying amongst other things, “If I go through with this, I win big-time. There’s no way I lose. I will get everything I want and they will be destroyed forever…

Posted in Uncategorized | 28 Comments »

Tithing and Rising Unemployment Costs

Posted by Business in Ghana on July 3, 2009

Unemployment is rising in Europe and Africa yet churches still demand 10 % of one’s salary -Is this necessary

Who is benefiting? Why do we need to pay 10 % of our salary to a church, which have no social responsibility to the local communities?  Churches run on charitable status and so therefore do not pay any tax yet demand and accumulate 10% of its member’s salaries tax-free.  The question is why do the churches demand the 10% if they give nothing away to the Government or the local community?  Should the paying of tithe be optional or compulsory this is debatable?

Mercy Adede Bolus

Posted in Uncategorized | 3 Comments »

Pulling Down Houses Not An Answer To The Flooding In Accra

Posted by Business in Ghana on July 3, 2009

I am compelled to write to you on this one because frankly I see NADMO as a useless national organization as it is constituted now and as it has always been. I have written about this before in the Ghanaian press and also in the international press during the NPP’s 8 years rule. You have headed this organization before, and you didn’t do a particularly good job. Not many people get a second chance after messing up but you have it now. So let’s see a proactive NADMO, more responsive and forward looking. I am particularly dismayed at why you were selected to head an organization yo have headed before and did not have a track record of success. We need people with fresh thinking and innovative ideas.

Ben Ofosu Appiah

Posted in Uncategorized | 4 Comments »

Stella Addo, Gospel star

Posted by Business in Ghana on July 3, 2009

Fans who had been waiting for so long for the sophomore album of Gospel music hit wonder; Stella Addo will be happy that they did. Those who taught she would be coming with the “same old, same old” hits like “Yesu ye Champion” and “Empare me” were really and utterly disappointed as the album; “Wahyira Me” with an English hit; “Be Blessed”, a duo with Internationally Known Hip-Hop and R&B Gospel Star; Steve Kelly.

Charles Ntiamoah Mensah

Posted in Uncategorized | 7 Comments »