Business in Ghana

We Understand the issues that make the News

Posts Tagged ‘Atta Mills’

In A Bad Mood-y. Critical News, 22nd March 2015

Posted by Business in Ghana on March 22, 2015

Sydney Casely-Hayford, sydney@bizghana.com

I was a reluctant walker up McCarthy Hill this morning. Very tired from a late night blitz, after one bottle of Guinness and some “rice and plasas”, I traipsed home to the now inevitable “dumsor” and lived with the gloom of a life I did not ask for but choose to be in.

Tired legs and an aging body, both conspirators in the endless dedication to keep me unhealthy, that I get sick so I might die young, but not till my work on this planet is completed and I move to Mars.

I have great hopes that Mars will be habitable by the time I am too old. It takes 150 days and 55,757,930km to reach, which means I am out even before I start the journey. I can only hope they find me a burial spot there, and since we Africans are not capable of creating an Awudome on that planet, I will have to contend with Arlington cemetery without US Citizenship.

So international rating agency Moody’s has been creating havoc for this government for quite some time. This past week, we have been downgraded from B2 to B3 and classified negative. To the non-financial person on the street, what this means is it will cost us more in interest rates and with tighter conditions if we attempt once again, which we are determined to do in May this year, to borrow another $1billion.

We have bonds falling due. The first is in October this year for $531million and the next two, in 2023 and 2024 for $1billion each. Finance Minister has put forward a refinancing plan to Parliament for approval and a cursory look at the document confirms much of what we say every time. Read the rest of this entry »

Advertisements

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

Cocaine and Sandcrete Pillars. Critical News, 11th November 2012

Posted by Business in Ghana on November 11, 2012

Sydney Casely-Hayford, sydney@bizghana.com

My mother is 87 years old today and I am particularly thankful that she takes pride in, as she calls it, my “page 20” column.  I wanted to be a writer and poet and were it not for the rigidity of the school system in Ghana and market opportunities, I might have done just that.  In another place and time I probably could have penned a few clever sentences and made a living out of it.  My Great Grand Father left a legacy of writings and books and at one time he was himself a publisher with a press house.  As it turned out, I am a Certified Accountant with no regrets.  My mother also happens to be my political think tank and memory bank, taking me back in history many times to clarify why some persons are who they are, shaped by theirs and their father’s history.  Happy Birthday Mama.

So, Nana Konadu Agyemang Rawlings has a problem.  Her hearing has been adjourned to 16th November, and her picture is not on the ballot.  Seeing as we are voting in the first week of December, I don’t think she has a chance of getting her name on the list.  Her husband of many years also says he is tired of the campaign trail and would relish a chance to slow down or retire.   Were it not for President Mahama’s faux pas in bringing JJ back into the foray, I am certain he would have held back more.  You can see JJ is running out of steam.  I think this will be his last “jericho”.  But not Nana.  She has a case in court against the EC and will most likely follow through.  The next four years will tell if she still has enough fire in her belly for more political fights. Read the rest of this entry »

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

The Ultimate U Turn. Critical News, 22nd September 2012

Posted by Business in Ghana on September 23, 2012

Sydney Casely-Hayford, sydney@bizghana.com

Accra seems subdued.  It is quiet all over.  Election fever is yet to catch and we are all fed up with at-variance politicians.  There is nothing said by one side that is not countered by the other side as wrong or evil, and I am pointing at the NPP and the NDC parties, whose perennial promises and disagreements just seem to weigh heavily on the daily toil.  No consistent water, on-today-off-tomorrow electricity, poor communication services, call drop out, no internet access and definitely no access to finance. You struggle to keep an everyday domestic front only to get to the office and fight even harder to get a rhythm in business.  Ghanaians are not struggling; we are taking a bashing.  My business involves helping clients to find financial solutions to their business needs and currently Ghana is the worst place for providing such solutions. Read the rest of this entry »

Posted in Critical Weekly News, Sydney Casely-Hayford | Tagged: , , , , , , | 8 Comments »

Related Through Country. Critical News, 12th August 2012

Posted by Business in Ghana on August 12, 2012

Sydney Casely-Hayford, sydney@bizghana.com

Accra cried hard, buried President Mills on Friday and fell silent.  I drove from Cantonments, through 37, past the BNI place to Kawukudi junction on to Dimples roundabout, hanging left to the George Bush Highway.  Straight through Lapaz, Santa Maria, Awoshie, over the Mallam interchange and then right turn to McCarthy Hill.  I heard not one horn and I arrived home in 17 minutes and 25 seconds.  That journey used to take 4 hours in January.  Later that night it hit me that, all interference can be transient.  With time we forget the traffic of problems and relish in new ways, which are imperceptible while you endure the periods of nuisance.  May the President’s soul rest in peace. Read the rest of this entry »

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

Stigmatization: a diversionary political strategy

Posted by Business in Ghana on January 2, 2012

By Prosper Yao Tsikata

The recent revolting development in Ghanaian politics, whereby stigmatization of certain individuals for perceived or real “abnormalities” is fast becoming a diversionary scheme to distract from the gigantic developmental issues that confront our country.

When news broke out in the run-up to the 2008 general elections that then National Democratic Congress (NDC) presidential candidate, John Evans Atta-Mills, was sick and hallucinating, party aficionados saw it as a propagandist scheme by the ruling government to stigmatize him in order to declare him unfit for the highest office of the land. While there are constitutional provisions that prohibit the sick from holding office, especially if the sickness potentially impedes his/her ability to discharge the duties of the presidential office, the accusation could be regarded as speculative in the absence of any tangible evidence. Read the rest of this entry »

Posted in Politics, Prosper Yao Tsikata | Tagged: , , , | Leave a Comment »

Critical News, 25th October, 2010

Posted by Business in Ghana on November 3, 2010

By Sydney Casely-Hayford, Sydney@bizghana.com

Jerry “Oedipus” John “Rex”.  Now here is a conundrum.  I seem to be caught in a whirl, writing about these puzzles all the time these days.  Either that, or I do “riddle-riddle”?  RIDDLE!  “What name do you give to a founder of a political party who is so pissed off he won’t even talk to his hand picked successor?”  Answer, “His Jerryship”! And he is very upset with the people he owns.  They dare to go about making false statements about him and peddling untruths.  Not enough that their leader Prof. Mills has abandoned the path of NDC probity and accountability and is out there disrespecting his Jerryship.  I published His Jerryship’s full statement last week, please read it in full for history’s sake.  So JJ is upset with Mills as he was with Kuffuor and all others who have preceded him in Government and he will be upset with Nana Akufo Addo, should he win in 2012.  But TV Africa with Fred Chidi on “Matters Arising”, put on a very interesting panel.  Alhaji and Alhaji – Rawlings critic, Ras Mubarak – confused militant and Kobby Fiagbe, editor of The Lens.  With Ras attempting an interpretation of JJ, which these days means accusing everybody of something without saying clearly who or what, this time tried voice and body mimicry as well.  I am afraid I didn’t really grasp the essence of his analysis and I gave up listening to him after a while.  Alhaji however, was very emphatic that all this was just gassed up for public benefit and concluded that JJ and Konadu cannot afford to carry on without the NDC.  Come 2012, he predicts a convergence of views and a single team candidate, who will NOT be Nana Konadu.  She denies she is vying for president.  But what do you call a woman president these days?  Presidentess?  Well, Nana wants to be one of those, I think.  Her 15,000 posters are all over parts of Ghana.  Can her husband handle that?  We might never live to see.  So we left the TV current affairs program with no time left, as usual, after all the radio stations had aired versions of public commentary and noise.  I am not sure if the Rawlings’ have done themselves any good this week.  We seem to have a seasonal event every month from them. We just got over the fire event, the in-law home event, the Herbert Mensah event, the AU event (Mills congratulated JJ on the front page of the Daily Graphic, probably secretly hoping he would go and pitch camp in Somalia, alas it did not happen!) and now we have this NDC event.  Two more months to the end of the year and we could yet have another one. Read the rest of this entry »

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

The postponement of the signing ceremony of the STX agreement – Matters Arising

Posted by Business in Ghana on October 17, 2010

By Daniel Danquah Damptey, danieldanquah_damptey@yahoo.com

Ghanaians have not had it as bad as they are experiencing under this cruel, insensitive, divisive, vindictive and clueless regime of Baba Go Slow, alias Professor Do Little. The NDC has at the core of its leadership a cabal made up of sharks, vultures and snakes whose main task is to torpedo all laudable projects/programmes which will be beneficial to Ghanaians by feeding the vulnerable ones amongst us with misinformation, deception and utter lies. Yes, this is the stock in trade of the NDC. Read the rest of this entry »

Posted in Daniel Danquah Damptey, Housing | Tagged: , , , , , , , , | Leave a Comment »

Critical News, 29th August 2010

Posted by Business in Ghana on August 29, 2010

Hmm, Christians are very upset this week, when they heard that a group of armed robbers had raided a church after hours and tried to steal cars from the pastors.  Now we hear they are going to make a special petition to the President that Pastors be allowed to bear arms to protect themselves from armed robbers.  Not to protect the Congregation, they are protected by the Holy Spirit and the Pastors have to stay alive to protect them.  Hmmm! Read the rest of this entry »

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

A Guide To Corruption (4). President Mills Cannot and Will Not Do This!

Posted by Business in Ghana on September 28, 2009

You can read all about the Mabey and Johnson judgment from the leading websites on Ghana. Each carries the story and details what I said in an earlier breaking news alert of August 7th. At the time, I wrote about the impending implosion and chronicled the history of the Mabey and Johnson bribery of NDC executives in another Guide to Corruption. Since then we have waited patiently for September 25th and this is just the beginning. I will dare to suggest that President Mills will make a show of investigating the issues involved and former President JJ Rawlings will pretend that all this happened under his nose and he knew nothing of it, even though his senior cabinet ministers were in the thick of it, and so was his wife.

President Mills has allegedly asked the Attorney General Betty Mould Iddrissu to investigate the Mabey and Johnson case in Ghana and spare no one found guilty of the offences established by the UK’s Serious Fraud Office.

Sydney Casely-Hayford

Posted in Politics, Sydney Casely-Hayford | Tagged: , , , , , , , , , , | 5 Comments »

Results of our opinion poll, July 1, 2009

Posted by Business in Ghana on August 14, 2009

These results are the opinions of Readers of Ghana News Monthly newspaper and its related website, www.ghananewsmonthly.com They DO NOT represent the views of Ghanaians in general. Reader’s views were solicited between July 1 and July 12, 2009. We received 247 responses.

Sydney Casely-Hayford

Posted in Uncategorized | Tagged: , , , , | 1 Comment »