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Rainbow Radio - Items filtered by date: Tuesday, 18 September 2018
Founder of All People's Congress (APC), Hassan Ayariga, has slammed President Nana Akufo-Addo over the proposal by government to contract a $50 billion Chinese loan. Mr Hassan Ayariga believes the Chinese deals recently signed with Ghana is a form of recolonisation. At a press conference on Tuesday, the politician wondered why Nana Addo is borrowing despite claiming in opposition that, Ghana was sitting on money China is taking over the African countries of which Ghana will be the next country to enter into a reckless agreement with China. Read his comments on the Chinese loan President Nana Addo was recently in China to negotiate a 100 year bond agreement with China worth about $50 billion. The China I know have no free lunch for any country. We have had enough of China already. They have taken over our country’s land and polluting our water bodies with reckless abandon and shooting and maltreating our citizens. If we are so desperate for loans, should it be from China? Did the current regime whilst in opposition not say the money was there and that we were borrowing because of incompetence? Did President Nana Addo Dankwa Akufo-Addo, whilst in opposition not say “Ghana Yay3 morbor dodo. Y3ti sikasu nanso 3kom diy3n.” What has changed? I will like us to take a look at how China's "long term Collateralization " of loans strategy & her disguised Recolonization of African countries economically. After Britain had collateralized Chinese aids and guarantees with Hong Kong for 99 years, China has gained more experience than any country on earth on the intricacies of long term collateralization of assets. Examples are as follows: Philippines this year cancelled all Chinese aids. Their president was in Isreal last week for new partnership in arms. Malaysia cancelled Chinese speed train loan contract this year and opted for a costlier Japanese electromagnetic rail. Because all Chinese grants requires collateral with state critical assets. Singapore bluntly told China we don't need your 25 years tenure loan at 0.5%. Greece handed China a national asset last year on default, and European Union took measures to stop any further member country from taking Chinese loans. Sri Lanka had to cough out a port to China in similar circumstances. Zimbabwe is the second African country to default and will soon hand over a national asset. Lamu port in Kenya, which was constructed by China on a Chinese loan of $16 billion, will see Kenya default in 3 years time and the biggest port in east Africa and adjoining towns will be handed over to China for 99 years. Kindly note that in all these loans, no single dollar cash was handed over to the countries involved. In all cases, China will execute & build the projects (as is being done in the Abuja metro line project), using Chinese materials, equipments, technicians, etc that are all imported from China. But you owe and they patiently work underground for your default to pay back the loan, through their crafty manipulation and sabotage of your economy. After 15-25 years, they repossess your assets and now determine for the next 75 years your import rates (in case of Kenya) or rail charges (in case of Abuja, Nigeria) It’s rather pathetic how China is re-colonizing Africa by appealing to the ignorance and selfish interests of our leaders. Today, the Chinese are offering mouthwatering deals to Africa, both in cash transactions and the outmoded or rather defunct barter trade which seem very attractive on the outlook but dangerous in reality. The Zambian government contracted the Chinese, lazy-thought and glossed over detail, thinking they were granting consent to genuine terms but the whole thing just morphed into modern day colonialism. China is now proposing to take over the Kenneth Kaunda International Airport should Zambia Government fail to pay back its huge foreign debt on time. The issue of whether Zambia posses the required economic muscle to repay that debt is in contention considering the amount involved. It’s typical of the Chinese strategy. Ladies and gentlemen of the media, are we safe with these fake Chinese agreements? Let's be guided by the examples of the countries cited above and not fall victims of the situation. Mr. President we don’t need Chinese loan, how do you intend to pay for this loan?. Please stop this agreement with China.
Published in General News
Ghanaian legendary highlife musician, Rex Omar, has slammed the Ghanaian society for neglecting the creative economy. Speaking on Frontline on Rainbow Radio 87.5Fm today (Tuesday), the multiple award winning musician and President for the Ghana Music Rights Owners Association (GHAMRO) said, the only thing we cannot loose, as a country is the creative economy but unfortunately we have neglected it. Creativity he posited is not limited to music but everything that is associated with our lives. ‘’That is why we have allowed our Adinkra Symbols to be stolen by other countries and they are making money out it.’’ The musician who was speaking on how we can create job opportunities in the creative sector added, I wouldn’t be surprised if Koreans claim ownership of our Kente and its authentic designs. ‘’We are not setting our priorities right. That is why we have neglected our film industry. We have allowed our media to propagate other people’s culture. All TV stations are showing soap operas from India in Kwame Nkrumah’s Ghana.’’ He quizzed, ‘’don’t we have actors in Ghana? Don’t we have filmmakers in Ghana? We have the human resource,’’ but we lack the will and have neglected the creative sector. The late Nkrumah he said had a vision for the future hence the setting up of the Ghana Film Institute (NAFTI), Ghana Film Company and other creative bodies but our current breed of leaders lack vision, frustrate people we have used state resources to train and so they leave the country and go elsewhere to serve. ‘’We claim to have a film industry; the very school that will train the industry people, is in a deplorable state. What informed Ghana to sell Ghana Film Industry to the Malaysians? What informed us? We have opened the airwaves with no restrictions and so everyone is bringing in anything. This will not happen in a civilized country. Who controls our culture? Who controls this country in terms of culture? We have politicized everything in Ghana. We have reduced our discussions to NPP and NDC and neglected Ghana. We have become people who love their political parties than their country.’’ Rex Omar said, greed, selfishness and partisan politics has worsened our plight as Ghanaians.
Published in Entertainment
The Executive Director of Centre for Transformational Leadership, Mr Samuel Ayim, has challenged President Akufo-Addo, to walk the talk on the assurance that, all persons who contributed to the collapse of some seven local banks would be punished. The private legal practitioner, corporate governance professional and former Group General Counsel and Company Secretary of the Ecobank Transnational Incorporated wondered why some professionals failed in their duties and allowed these banks to collapse. He attributed the collapse of the banks to negligence on the part of the Central Bank and the various professionals of the affected banks. Falsification of documents, lack of values and indiscipline he suggested also caused the collapse of the banks. He quizzed, ‘’ How do we explain the inaction and seeming complicity of state institutions and regulations while so-called professional bankers and their patrons and cronies drive our whole financial system into a ditch necessitating a near 12 billion Ghana cedis bailout by the sweat of our poor farmers and kayayei? The assurance given by the president he noted was good but admonished Ghanaians to impress upon the appropriate authorities to crack the whip where necessary. ‘’As a lawyer, I understand that you cannot pronounce anyone guilty until they have gone through the process. But the question we need to ask ourselves is, does the process even work? Does our law evenly apply to everybody? If you and I steal ‘agbilikaakro’ (cassava cake) on the street, you would have been beaten to death and the police will lock you up for years without trail. But what happens to so-called big men when they are involved? Very little is done…why should we even come this far? We have regulators who have the responsibility to monitor the banks. Did they go to sleep? The law has to work and it is important the law works so that people's hard won reputation can also be exonerated.’’ He went ahead to call for a new Ghana, a new Ghanaian leader who is ready to stand for the truth, honesty, hard work, humility, wise planning, common sense, self-discipline and generosity rather than the selfish pursuit of personal, family and friends gains at the expense of the corporate or national interest. We need leaders who value the people enough to work to add value to them not to take advantage of them of everything God has given to them, including their dignity. We need a shift from the poverty mentality which for me is the cause of the greed and corruption that has characterize all levels of leadership, even our churches.’’ The President of the Republic, Nana Addo Dankwa Akufo-Addo, has assured the Ghanaian people that “those responsible for the sequence of activities that led to the ‘banking crisis’ will face the full brunt of the law if they are found to have broken the law”. According to President Akufo-Addo, “It is not right that the overwhelming majority of ordinary Ghanaians should pay for the actions of a greedy few, without sanction.” President Akufo-Addo made this known on Saturday, 15th September, 2018, when he delivered a speech at the 80th Anniversary of the Presbyterian Boys’ Senior High School, Legon. The President stated that “the so-called ‘banking crisis’”, and the collapse and subsequent consolidation of some indigenous banks have been caused by the cutting of corners, circumvention of the laws, flouting and non-adherence to regulations, apparently with the complicity of senior officials of the Bank of Ghana. The inefficient and poorly managed banks, as a result, required the robust intervention of the regulatory bodies to prevent the infection of the banking sector with these acts. Mr Samuel Ayim was speaking at the launch of the 2018 Live2Lead event slated for October 11-12, 2018 in Accra. The event will be held at the College of Physicians and Surgeons. Live2Lead 2018 will be addressed by world renowned and distinguished personalities including Carly Fiorina (Former CEO of Helwett-Packard and 2016 U.S presidential candidate), James Ebo Whyte (CEO/Artistic Director, Roverman Productions), Tyler Perry (World Renowned Filmmaker, Actor, Entrepreneur and Philanthropist), Debra Searle, MBE (Professional Adventurer and Serial Entrepreneur), Daniel Pink (Best Selling Author, To Sell is Human: The Surprising Truth About Moving Others, Drive and A Whole New Mind) and John C. Maxwell (Leadership Expect, Best and Coach-New York Best Selling Author and Speaker).
Published in General News
The second edition of Live2Lead has been launched with a call for a Shift to Value Based Transformational Leadership. At the press launch of the Live2Lead 2018, Executive Director for Centre for Transformational Leadership, Sameul K. Ayim, bemoaned the recent developments in Ghana including the collapse of 7 local banks, galamsey, intensity of fifth in our capital, the dehumanizing scenes in our hospitals saying, "these problems point to the need for a paradigm shift in the leadership construct that we have operated in Ghana". According to him, leadership is not just about occupying positions and enjoying huge fringe benefits. Rather, leadership is ‘’about adding value to the people we lead". In his view, if leaders cannot show that ‘’we are improving the lives of the people we are leading then we have no business accepting or contesting for leadership positions.’’ He wondered why endemic poverty was still affecting Ghanaians despite our enormous natural resources. ‘’…With all our natural resources endowments, how do we explain the endemic poverty among the vast majority of our people while few ‘create, loot and share’ the state coffers as if they are without a conscience? How do we explain treating sick and vulnerable on bare concrete floors while our leaders fly abroad for medical treatment? How do we explain pregnant women being carried on chairs to cross flooded rivers to the nearest (or shall I say Farthest) medical centre and thereby loosing their babies, just because we cannot construct simple bridges to facilitate transportation? ‘’Meanwhile, huge sums of money are squandered on ghost and uncompleted projects. How do we explain the inaction and seeming complicity of state institutions and regulations while so-called professional bankers and their patrons and cronies drive our whole financial system into a ditch necessitating a near 12 billion Ghana cedis bailout by the sweat of our poor farmers and kayayei? He further slammed pastors and ‘’so-called men of God giving out lotto numbers and magically conjuring cash while thousands of unsuspecting congregants, in their desperation and ignorance, flock to the so-called prophets as bees to honey, all in the name of God is still in the miracle business? The problems he enumerated he added have forcefully underscored the continuing relevance of Live2Lead which was first hosted in Ghana last year. Live2Lead is designed to deliver the very best leadership content to inspire and motivate leaders and their teams, help them connect with other influencers in the community and expand their business network with relationships that produce tangible results. Live2Lead is being simulcast in more than 300 locations across over 30 countries. The theme for this year’s Live2Lead is the SHIFT-addressing the shifts that leaders need to embrace in order to be successful and make the necessary impact. He called for a new Ghana stressing the need for a new Ghanaian leader who is ready to stand for truth, honesty, hard work, humility, wise planning, common sense, self-discipline (self leadership) and generosity (by which I mean the love and care for the followers rather than the selfish pursuit of personal, family and friends gains at the expense of the corporate or national interest.’’ Live2Lead 2018 will be addressed by world renowned and distinguished personalities including Carly Fiorina (Former CEO of Helwett-Packard and 2016 U.S presidential candidate), James Ebo Whyte (CEO/Artistic Director, Roverman Productions), Tyler Perry (World Renowned Filmmaker, Actor, Entrepreneur and Philanthropist), Debra Searle, MBE (Professional Adventurer and Serial Entrepreneur), Daniel Pink (Best Selling Author, To Sell is Human: The Surprising Truth About Moving Others, Drive and A Whole New Mind) and John C. Maxwell (Leadership Expect, Best and Coach-New York Best Selling Author and Speaker). The event is slated for October 11 and 12 at the College of Physicians and Surgeons. Participants will have a special bonus for the VIP registration including a night with Uncle Ebo Whyte as he talks about his own life and the shifts he has had to be where he is.
Published in General News
Kweku Adoboli, the banker convicted of the UK’s biggest fraud, has been given a last-minute reprieve from deportation as a judge awarded a judicial review of his case. Adoboli, 38, was found guilty in 2012 of fraud that lost his employer UBS $2.3bn (£1.8bn), and he was due to be deported to Ghana on Tuesday. He was facing deportation because he had never applied for British citizenship despite having lived in the UK since he was 12. Under UK law, if a foreign national has been sentenced to more than four years in jail “the public interest requires deportation unless there are very compelling circumstances”. Adoboli, who left Ghana when he was four, was sentenced to seven years for the fraud and served half that time. Adoboli’s deportation appeared all but sealed earlier on Monday when the immigration minister, Caroline Nokes, refused to intervene to review the deportation order, despite appeals from 132 MPs and a petition signed by more than 73,000 people. Nokes said the decision to deport Adoboli had been “upheld independently, at several stages, by the courts” and it would be inappropriate for her to act. With the hours ticking down to his departure, Adoboli’s lawyers submitted an application for a judicial review of his case in a last-ditch attempt to prevent his “banishment” from his friends and family in the UK. Adoboli had already had an application for judicial review rejected by the courts, and his lawyers were not confident the final attempt – made on public interest grounds – would succeed. But a judge granted the appeal for judicial review and injunction against deportation. Adoboli’s lawyers expect him to be freed from an immigration removal centre near Heathrow airport within days and released on bail until the outcome of the judicial review, which could take several months. Adoboli’s lawyer, Jacqui McKenzie, said: “Common sense has broken out: sending a 38-year-old man to a country where he has not lived since the age of four was always madness, given that he has lived in Britain since the age of 12 and the UK is where his friends and partner live and where his family life is based. It is unquestionably his home. Let’s hope that will be the judgment, as and when it is made.” Hannah Bardell, Adoboli’s MP, who had led a campaign to keep him in the UK, said on Twitter: “A really incredible result, we never gave up hope and we’ll keep fighting!” In explaining her decision not to intervene to prevent the deportation, Nokes said: “Although Mr Adoboli’s offence was not one of violence, he committed a serious offence and this was reflected in the length of his sentence. Financial crime, like all crime, has an impact on the society that we live in and the public expects robust action to be taken against foreign nationals who abuse our hospitality by committing crime. “After consideration of all the individual circumstances of his case, the Home Office was satisfied that Mr Adoboli’s case does not meet any of the exceptions in the 2007 [Borders] Act and a deportation order was served on him on 22 July 2014. The decision to deport him has been upheld independently, at several stages, by the courts. His application to appeal to the court of appeal was dismissed on 28 June 2018 and on 13 August his application for a judicial review was refused.” Nokes said the government was “committed to a fair and humane immigration policy” and she rejected the suggestion that Adoboli’s treatment was similar to that of the Windrush generation of immigrants. “The Home Office recognises the weight of dissatisfaction towards the treatment of the Windrush generation and officials are working hard to put this right,” she said. “I do not believe that the issues faces by the Windrush generation, who were legally resident in the United Kingdom but did not have the documentation to prove it, are analogous to Mr Adoboli’s case.” Nokes has previously blocked at least two British citizens on Twitter when they asked for her assistance after the Home Office failed to respond to their complaints or appeals from their MPs.
Published in General News
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AMA marks ‘My First Day at School’

The Metro Chief Executive (MCE) of the Accra Metropolitan Assembly (AMA), Hon. Mohammed Adjei Sowah together with the Presiding Member of AMA, Hon. Alfred Adjei ,Metro Director of Education, Madam Margaret Frimpong-Kore and some officials from AMA have visited some basic schools today to mark ‘My First Day at School’. The visit was to interact and welcome fresh pupils entering basic school, to share his experiences, encourage and present some stationary as part of efforts to help sustain their interest in school. Some schools the team visited included the Accra Sempe A and B Primary School, Calvary Methodist 1 Basic School in Adabraka, Kaneshie 4 primary school, Abossey Okai Methodist school and St. Michael and all Angels Basic School, korle gonno. As part of the AMA’s vision to promote education, the Mayor distributed pencils, erasers, drawing books, a pack of crayons, 5 exercise books, and snacks to each child who was in school for the first time to aid in the learning process and to boost their excitement towards school. Hon. Adjei Sowah indicated that the Accra Metropolis housed over 164 Kindergartens with over 2,500 enrollments this year adding that it was a national policy for government officials and senior members of society to visit kids on their first day at school. He expressed excitement towards the pupils’ preparedness to school and assured them of the Assembly’s assistance and encouraged the pupils to be punctual at school. “My duty today is to come and see how you are faring and to give you a special gift. Next time when I come here, I will give you another gift so it means that you have to come to school every day,” he said. The MCE reiterated government’s commitment in ensuring higher educational standards by encouraging children to take their education seriously and also to remove all barriers in education such as fees, feeding, school uniforms and other educational materials. He added that, since government was trying largely to cover some of these barriers, parents should have the confidence and interest to send their children to school and that no parent should have an excuse of not sending their children to school. The Head teachers of the various schools expressed appreciation to the MCE and his team and asked for more support.
Published in General News
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Witches holds Annual Conference in B/A

Some supposed witches have planned to hold their annual conference in the Brong Ahafo region this year. Plans and targets by the witches include attacking expectant mothers in hospitals, young girls planning to abort their pregnancies as well as travellers. The witches according to Pastor Daniel Ansu, head pastor of Gethsemane Prayer Camp are R planning to spill blood hence the need for Ghanaians to prayer to avert their evil plans. He admonished Christians to prayer fervently to ensure God protects his children from the evil ones. The witches are also plotting to increase their numbers by recruiting more children.
Published in General News
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