Business in Ghana

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Archive for January, 2013

Appointments and Boycotts, Wash and Wear. Critical News, 27th January 2013

Posted by Business in Ghana on January 27, 2013

Sydney Casely-Hayford, sydney@bizghana.com

Ghana is now all about creating history.  We are on the edge of either loosing out in the group stage of AFCON 2013 or surging ahead to the quarter-finals.  Either way, history.  If you watched the Ivory Coast v Tunisia match, you should be quivering for Ghana.  Ivory Coast are playing “socca”, “agoro”, “samba” football.  A masterful performance for ninety minutes, sixty of that without Drogba.  When Drogba was brought in to scare the Tunisia defense, it was major.  Within a few minutes, the game changed into overdrive and the Elephants played a full 90-minute game with panache.  When we meet them in the final, history will be made.  May I remind all African Christian footballers and supporters that God does not take sides in a football match.  Pray as hard as you want, the game will be decided on skill and stamina.  That is what sports is all about.  God remains neutral till the referee blows the whistle.  If you want to win, play well.  Mediocrity is not rewarded in sports, neither is it rewarded in the courts of law. Read the rest of this entry »

Posted in Critical Weekly News, Sydney Casely-Hayford | Tagged: , , , , , , | 1 Comment »

Land Administration: Securing land titles will reduce poverty and enhance economic development

Posted by Business in Ghana on January 23, 2013

KAMPALA, Uganda, January 23, 2013/ IGN France International (http://www.ignfi.com), the leader of the international consortium engaged in the Design, Supply, Installation, Implementation of the Lands Information System and Securing of Land Records (DeSIILISoR) project in Uganda organized a regional conference in Kampala, Uganda (January 17th and 18th) on the theme:

“Modernization of land administration and management systems Implementation of Land Information Systems (LIS): sharing experiences, innovations and good practices.” Read the rest of this entry »

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To Cane A Mosquito. Critical News, 20th January 2013

Posted by Business in Ghana on January 20, 2013

Sydney Casely-Hayford, sydney@bizghana.com

We are in dismal shape really.  So much of what is happening in Ghana at this time makes for momentary reflection on what for and why a returnee would trip back home only to sit and wait for water to run through the taps and intermittent electricity hold you ransom in simple everyday tasks, yet saddled with the same level of workload you find in the West.  I paint a positive picture when friends ask whether it was worth making the trip back home three years ago, but deep down, I think we lack the capacity to do the necessary to leapfrog the constrictions we face everyday.  Some persons are fully loaded with aircon, generators, brand new cars, mucho cash from where you cannot tell, and they stroll through the challenge of Ghana with ease.  In the middle-income bracket, it is a struggle.  At the low subsistence end, it is ignorant bliss in church activity and community “nkomo”.

But wow, we are in a dilemma for legitimacy.  Both political parties are looking to upend each other on the basis that what you have done we also have a right to do or even worse.  No regard for the daily political diet of Ghanaians, our needs are subservient to those of the political elite, who think that insulting each other will eventually win them the Order of The Volta. Read the rest of this entry »

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I Want To Be Mayor. Critical News, 13th January 2013

Posted by Business in Ghana on January 13, 2013

Sydney Casely-Hayford, sydney@bizghana.com

Of Accra.  But before I start making the case, the Supreme Court opened the NPP petition challenging the election results and possible cheating by the NDC and the Electoral Commissioner.  The NDC has filed to be joined in the fight because they believe the future of President Mahama is tied to the fortunes of the Party and they want to argue that case before the court with no other lead person than Tsatsu Tsikata.  That choice is quite symbolic, meant to scare the NPP defense.  Tsatsu carries the reputation of a jurisprudence expert and previous encounters with the Supreme Court have been a bruising challenge.  And he is the top gun in their legal petition for this. Read the rest of this entry »

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Wanted: Political Growth Hormones. Critical News, 6th January 2013

Posted by Business in Ghana on January 6, 2013

Sydney Casely-Hayford, sydney@bizghana.com

The beginning of every year comes with pledges and platitudes to do better than the previous year, change your life, crossover to the new one with all faculties in tact and hopefully be wealthier by the end of the year.  Effectually, we “Otabil” the new year in.  We yardstick our lives this way, in order that we might measure our progress year on year, achieving more and better from one to the next.

Which is why when TB Joshua advised that we all get into agriculture as the next best evangelical success, I embraced it wholeheartedly.  TB has recognized our failing agriculture policy and he is predicting a bumper financial opportunity for all who want success to abandon all they are doing, wives employed elsewhere should give up their jobs, young men should re-focus and go into farming, this is the year of alfalfa grass and soya beans.  My only disappointment is that TB will not be joining us on the farms; he has to stay focused on the predictions.  There is so much to predict this year, with all the changes coming on.  We are not yet sure whether we will have sanitized governance. Read the rest of this entry »

Posted in Critical Weekly News, Sydney Casely-Hayford | Tagged: , , , , , , | 4 Comments »

Africa: Underestimating GDP

Posted by Business in Ghana on January 2, 2013

By Adam Green

GDP growth is thought to be correlated to everything from conflict risk to whiskey consumption. And the current slew of positive stories about Africa are driven, in part, by the impressive GDP statistics posted by countries across the continent.

But these numbers are poor estimations of economic development, says Morten Jerven at Simon Fraser University. His argument is not that GDP does not say much about happiness, equality, environmental sustainability. It’s a more technical point: many figures are, well, just wrong. African GDP might actually be growing faster than we think. Read the rest of this entry »

Posted in Financial Services, Uncategorized | Tagged: , , , , , | 2 Comments »

Africa is Hooked on Growth

Posted by Business in Ghana on January 2, 2013

By Sebastian Mallaby

A few years into sub-Saharan Africa’s renaissance, there were the natural doubts. Economists had competed for so long to explain the region’s growth tragedy that good news was a shock. But now, more than a decade into the revival, the good news has grown better. The lesson is that sound policies can make a difference even in the least promising of settings. Defeatists everywhere, cheer up.

Even before the recent flurry of encouragement, Africa’s turnround was breathtaking. Between 1980 and 2000, the continent had experienced negative economic development: output per person had fallen by a 10th in purchasing power terms. Then, just as the Aids pandemic was thought to represent the final straw for Africa, its fortunes changed dramatically. According to the World Bank’s development indicators, gross domestic product per person has risen every year since 2000, delivering a cumulative gain of more than a third. Read the rest of this entry »

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