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The Neutrality Debate; Alleged OG’s Credibility Crisis

Posted by Business in Ghana on April 2, 2015

Owusu/ dnkowusu@gmail.com, Founding President New Era Africa 

“If you are neutral in situations of injustice, you have chosen the side of the oppressor. If the elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.”

Over the years, there have been some politicos who have masqueraded as credibly neutral entities to push a certain agenda. I am sure in our political history, several names may feature if a list is to be made.  Some journalists notably the “Coffee Shop mafias” were bastardized for not being “neutral” especially during the eight year rule of JAK. Last year, the fine Manasseh Azure Awuni suffered absurd criticisms from these “neutrals”. When the group Occupy Ghana (hereinafter referred to as OG) launched themselves through the unprecedented “Daddy Bees Demo on July 1, 2014”, the governing party pooh poohed the “genuine” effort of the demonstrators by painting them with the partisan brush. Since then, any objective observer can attest to the fact that they have acquitted themselves creditably as long as the push for responsible governance is concerned.

Once again, the credibility of OG has been under siege. It has become so because one of their leading members George Andah has put himself up for the Ewutu Senya West seat on the ticket of the Opposition NPP. Monitoring the social media, I gather that the arguments have shifted from the personality of George Andah and what he brings to the table as an individual to whether the OG is genuinely neutral or just a branch of the NPP. I join the bandwagon to also inquire; is OG neutral? Did they ever tell us they are neutral? Have they broken our trust?” Read the rest of this entry »

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It started with a speech…then the hammer fell….

Posted by Business in Ghana on March 30, 2015

Contributed by an Anti-Corruption Crusader

It was on Thursday last week that President Uhuru Kenyatta made his second State of the Nation address.

Most of it was fairly ordinary, but he saved the action for the end when he announced to a standing ovation that he was attaching a confidential dossier compiled by the Ethics and Anti-Corruption Commission (EACC).  The document contained the names of almost 170 individuals in all tiers of government from cabinet ministers, governors, principal secretaries, secretary to the cabinet, senators, MP’s and heads of parastatals (state businesses), that are under investigation for corruption.

The case files are to be submitted to the Director of Public Prosecutions (DPP). Read the rest of this entry »

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Nigeria 2015: The No Choice Election

Posted by Business in Ghana on March 29, 2015

By Adewale Maja-Pearce

I won’t be voting in this year’s election in Nigeria, the fifth since the return of civilian rule in 1999 following many years of the military. It’s partly my fault; partly the fault of the misnamed Independent National Electoral Commission (misnamed because the chair is appointed directly by the president, as he has repeatedly reminded us), which couldn’t find evidence of my 2011 registration despite the obscene amount spent on laptops.

But no matter; I wouldn’t vote if I could. Neither candidate – still less the parties they represent – will lead this country of embarrassing abundance to the Promised Land. Take the incumbent, Goodluck Jonathan of the People’s Democratic Party (PDP), a Christian from the oil-producing Niger Delta in the south. To say that his performance has been abysmal is acknowledged even by his unsavoury handlers who ceaselessly attempt to counter the widespread notion that their boss is clueless – the adjective most used to describe him – thereby confirming the fact.

It is four years since Boko Haram launched its deadly campaign and yet it is only now that he has seen fit to address it, but only with the assistance of soldiers from neighbouring Chad and Cameroon (along with South African mercenaries), a humiliation for a country whose armed forces were once lauded by the UN for bringing peace to Liberia and Sierra Leone. Read the rest of this entry »

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Rich Men in London Still Deciding Africa’s Future

Posted by Business in Ghana on March 29, 2015

By Colin Todhunter, Global Research

Some £600 million in UK aid money courtesy of the taxpayer is helping big business increase its profits in Africa via the New Alliance for Food Security and Nutrition. In return for receiving aid money and corporate investment, African countries have to change their laws, making it easier for corporations to acquire farmland, control seed supplies and export produce.

Last year, Director of the Global Justice Now Nick Dearden said:

“It’s scandalous that UK aid money is being used to carve up Africa in the interests of big business. This is the exact opposite of what is needed, which is support to small-scale farmers and fairer distribution of land and resources to give African countries more control over their food systems. Africa can produce enough food to feed its people. The problem is that our food system is geared to the luxury tastes of the richest, not the needs of ordinary people. Here the British government is using aid money to make the problem even worse.”

Ethiopia, Ghana, Tanzania, Burkina Faso, Côte d’Ivoire, Mozambique, Nigeria, Benin, Malawi and Senegal are all involved in the New Alliance. Read the rest of this entry »

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Most developing countries will benefit from oil price slump, says World Bank Group

Posted by Business in Ghana on January 12, 2015

WASHINGTON, January 7, 2015 Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects.

The decline in oil prices reflects a confluence of factors, including several years of upward surprises in oil supply and downward surprises in demand, receding geopolitical risks in some areas of the world, a significant change in policy objectives of the Organization of the Petroleum Exporting Countries (OPEC), and appreciation of the U.S. dollar. Although the relative strength of the forces driving the recent plunge in prices remains uncertain, supply related factors appear to have played a dominant role.

Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries. For many oil-importing countries, lower prices contribute to growth and reduce inflationary, external, and fiscal pressures.

However, weak oil prices present significant challenges for major oil-exporting countries, which will be adversely impacted by weakening growth prospects, and fiscal and external positions. If lower oil prices persist, they could also undermine investment in new exploration or development. This would especially put at risk investment in some low-income countries, or in unconventional sources such as shale oil, tar sands, and deep sea oil fields. Read the rest of this entry »

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World Bank to mobilize new financing to improve mobility along select transport corridors vital for economic growth

Posted by Business in Ghana on November 6, 2014

 WASHINGTON, November 4, 2014 The World Banks Board of Executive Directors today approved US$25 million in new financing from the International Development Association (IDA)* to support the Government of Ghanas effort to improve the mobility of goods and passengers on selected roads through reduction in travel time, in vehicle operating costs and enhanced road safety awareness.

 Ghana has done very well to improve its transportation sector in the short and medium term and the government is now focusing its efforts on the quantity and quality of the road infrastructure, said Yusupha Crookes, the World Banks Country Director for Ghana. We are excited to support the Governments strategy for an efficient and sustainable transport system. The project will also indirectly help to ensure competitiveness, reduce vulnerability, and improve governance in the sector.

 The new financing will support the ongoing Ghana Transport Sector Project which has made significant achievements. It has helped reduce the fatality rate per 10,000 vehicles by 17.9; increased the rural population to 66% who are now within 2 kilometers of an all-season classified; and increased the number of road networks in good and fair condition to 57%. Read the rest of this entry »

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