Business in Ghana

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Archive for November, 2013

MERBAN Transformed. Critical News, 24th November 2013

Posted by Business in Ghana on November 24, 2013

Sydney Casely-Hayford, sydney@bizghana.com

There are serious issues to discuss this week and next, so forgive me if my humor does not burst through as normal.  I have a national budget to talk about, possible backdoor sale of a bank, a panel review of Supreme Court Judges’ involvement in the election petition and my own petition to CHRAJ on the GYEEDA program.

How can you find humor in these matters?  Maybe Vicky Hammah will have the last laugh.  She might be asked to party with the eight-member panel headed by Justice Date-Baah without the Attorney General’s gracious face, she excused herself for some reason, I hope it was a possible conflict of interest.

So I was in “The Skuup” on Friday, waiting for a car service to be completed and did the unthinkable, went to use the toilet.  WC had no seat cover, water was in short supply in the closet, but the floor was totally flooded and the door would not shut properly.  Don’t go there if you have a choice.  This is the toilet facility of an International Press Center, a meeting place for journalists and training ground for the discerning fraternity.  I won’t comment on the food, but hygiene in a toilet is so essential; I left very concerned that we should continue to allow facilities like that to be licensed by the AMA.  I rest my case. Read the rest of this entry »

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The General’s message was “Don’t ask “What is in it for me?”

Posted by Business in Ghana on November 18, 2013

By T Manus Ulzen

We were both looking out as the plane slowly descended into Accra’s humid midday and the American businessman sitting next to me was telling me of his recent encounter with an official if the Minerals Commission. In his 5 years of working in the mining sector in Ghana, he had witnessed how the poor handling of mercury was ravaging the environment. Deformed life forms were appearing everywhere as mercury was being dumped into water and over plant life.
He was aware of simple machine no larger than a microwave oven which could be used by small scale miners to recycle and reuse mercury so that the environment would be protected, so he went to the Minerals Commission to discuss ways in which this technology could be introduced to the mining sector to protect the environment. Read the rest of this entry »

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Reverse Gear. Critical News, 17th November 2013

Posted by Business in Ghana on November 17, 2013

Sydney Casely-Hayford, sydney@bizghana.com

If ever there is a clear visible indicator of economic downturn in Ghana, it is on the streets of Accra, Kumasi, Takoradi and Koforidua.

Accra, Saturday morning, driving from McCarthy Hill to Kaneshie, a trip that takes at least an hour, I was at the Obetsebi-Lamptey roundabout and on to the Graphic Road overpass in twenty-three minutes flat.  The usual hawkers selling neatly nestled “puna yam” propped in stiff arms, practicing balancing principles fashioned by poverty un-wants, were all sitting by the wayside, the fast-moving traffic making their morning trade temperate and disappointing.

I was heading for Osu Oxford Street, needed to get something interesting but useless for a visiting friend.  You know, the cloth bands with Ghana emblazoned, or a cheap mask, poorly finished and black polished, maybe a bangle of cheap brass, like that.

So I nearly go through Oxford Street without realizing it.  There is no traffic on the road, it is about eleven O’clock and I am elated, then suddenly my money and economic nose kicks in and I wonder why so light?  Now I am talking to all the vendors, trying to understand what it is.  Kwaku Seth, trying to sell me some cheap woven stuff for two cedis, gets fed up and abandons me after I ask more questions than make a purchase, Affum Essien (he took his last name from you know who) pumping me to buy a belt I do not need and Binka from Burkina Faso, in a wheel chair, hawking cheaply finished brass products, using his handicap for emotive selling.  Then the crown jewel of my morning popped up. Read the rest of this entry »

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World Bank support for development of Public Private Partnerships (PPP) in Ghana

Posted by Business in Ghana on November 17, 2013

The Ghana IDA Public Private Partnership (PPP) Project for $30 million became effective in December 2012. The World Bank_s counterpart for this project is the Public Investment Division within the Ministry of Finance and Economic Planning (MoFEP). The project comprises of three components: Component One: Institutional, Fiduciary, Legislative, and Financing Capacity Building – focuses on developing in-house capacity within the Government of Ghana to identify, assess, develop, implement and manage PPP transactions. Furthermore, the component provides Legislative, Regulatory, Policy and Guidelines Development Technical Assistance; provides resources for the development of a Framework for Managing PPP Fiscal Commitments; and finally, supports a framework for a Long Term Financing for Infrastructure. Component Two: PPP Pipeline Preparation and Transaction AdvisorySupport _ focuses on supporting the Government of Ghana to develop a commercially viable PPP pipeline of competitively-bid PPP projects to financial close. Component Three: Project Management and Monitoring &Evaluation _ focuses on financing specialized consultant services to assist MoFEP in project implementation. Read the rest of this entry »

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Hammah Head. Critical News, 10th November 2013

Posted by Business in Ghana on November 10, 2013

Sydney Casely-Hayford, sydney@bizghana.com

Last week I thought things were going to get boring, and I underestimated the Ghanaian politician’s penchant to develop juicy stories.  I never really thought of Victoria Hammah as a political force and frankly the only image I have of her is the similarity of her backside to first lady Lordina Mahama.  In this regard, JDM has not failed in his consistency to showcase an African landmark to the world and has opened a new criterion for ministerial selection, exploited by Vicky’s NPP election rival Ursula Owusu.  Vicky Hammah once was a presenter on Multi TV and she says so herself, it was a tough challenge.

The news of her dismissal created a mass of media and political scrambling, proportional to advance and rearguard tactics.  Vicky’s intelligence is not a light boast.  She clearly knows what this politics is all about and the speed of her dismissal promptly shuts her door but puts a slack mouth in the open.  Government tacitly accepted some accuracy in her statements when she was terminated within hours after the tape went viral.  Even the BBC, bless their hearts, carried the story.  But will she holler further?  Is her head smart enough to filter through the mess she is in?  A ruined political carrier?  The conversation was innocuous enough, more gossip about Nana Oye and Rachel Appoh and her boss Omane Boamah to some extent, but it was the little tsunamis that must have made the dismissal. Read the rest of this entry »

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A Door Marked “Major Overhaul”. Critical News, 3rd November 2013

Posted by Business in Ghana on November 3, 2013

Sydney Casely-Hayford, sydney@bizghana.com

This is the beginning of the most boring month in the year.  All we are doing is moving from one corruption scandal to another.  Nothing achieved, we talk, discuss, criticize, debate, analyse and get frustrated.  Our Government sits with the noise Buddhist fashion, leaves us to ruminate as if we know what we are talking about, leaves it there with us.  In spiritual parlance, we “sit with the silence”, JDM and his team “sit in jest”, waiting for time to play out as we forget the last antic and move to the next.

We just do not have redress mechanisms in Ghana to shift Government backsides into action.

I listened uneasily the other morning when the Deputy Chief at CHRAJ clearly told us CHRAJ is only beholden to itself.  Surrounded with so much fraud, it is embarrassing that Gallup should tell us we are now ranking corruption member in the recognized free press world.  3rd in pole position, and that was in early 2012.

The City and Country Waste judgment debt case, which is threatening to make Accra Mayor Vandepuye a Metropolis eunuch, is an unfortunate example of how helpless we are in the face of Ghana Corrupt Inc. Read the rest of this entry »

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