Thursday, 27 August 2015

"I have Slept with over 700 Men" - Ghanaian SHS graduate girl Confesses

Ghanaian SHS graduate girl Confesses to sleeping with over 700 men in prostitution at liberia camp

Juju in Prostitution; The confession of a 19 year old

When she told me she sleeps with six men every night, the expression on my face made her think I didn’t believe her, so she began to mention the names of her regular customers.
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Monday, 24 August 2015

Photo: Ecobank Manager, Seth Akyea, Shot Dead



A 40- year-old manager of Ecobank, Seth Akyea, has been shot dead by three unidentified persons at his residence at Kasoa.

Seth Akyea until his death was the Operations Manager at the Cantoments Branch of the bank.

The incident occurred around 9.30 pm last Friday.

Seth Akyea was killed when he arrived home from work at Kasoa New Market in the Central Region.

The Kasoa Divisional Police Commander, Chief Superintendent Samuel Winful said the deceased’s vehicle was taken by the suspects and later abandoned.

“When he got home, he got down from the car and the suspects attacked him. They requested for his car keys. There was a lady in the car and the suspects asked her to go into the house. They marched the deceased to the passenger side and had a conversation with him where they shot him. And they took the car with them but the car has currently been retrieved. The murderers are three in all,” he said.

He added that it was too early to describe the incident as a contract killing and stated that investigations were ongoing.

“Now we cannot say it is contract killing and we are doing our investigations to unravel everything connected to the incident”, he added.

Credit: citifmonline
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Thursday, 20 August 2015

Ugandan President, Museveni, Reveals His Secret To Longevity


President Museveni
“In September I will be clocking 71 years. But despite being an old man, I feel strong like a 30-year-old young man. This is because I don’t drink alcohol and also do not engage in acts that can expose me to HIV/Aids,” President Museveni.

He said this on Wednesday at a rally in Kayunga town.

But according to some Ugandans, President Museveni is hiding his real age - because they claim he was 69 during his 2011 campaign. And if we are to go by their claim, the president will be 74 in September this year.
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Monday, 17 August 2015

"My husband have sex with me everyday", Ghanaian woman tells her story

Ghanaian woman complains her husband has sex with her everyday

...only five months into their marriage and she can't take it anymore; the almost everyday coitus from her husband outweighs what she really bargained for. The man seemed to have forgotten the saying "too much of everything is bad."

Her story below

"Hello people, my name is Pat and I have been married to my husband for 5 months now.

"My problem is that since I got married my husband he has been having sex with me almost everyday disregarding my health and my menstruation periods.

"When I complain, he says to me that ‘what is the benefit of marrying you if I cannot have sex with you anytime I want?’

"This persistent sex has giving me bruises and it is torturing me emotionally.

"He goes to the extent of saying to me that if I do not allow him to have sex with me as and when he needs it, I should not blame him if he cheats.

"I panic anytime he comes back home from work every evening and goes naked. I have spoken to him several times about it but he seems not understand me. Our parents are aware of my situation but they are not able to convince my husband."
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Wednesday, 5 August 2015

I would rather Burn in Hell than worship a monster God - Stephanie Rose

 Nigerian transgender Stephanie Rose says God is a monster
Nigerian transgender Stephanie Rose says she would rather burn in hell than worship a monster called God.

Stephanie, who was born a man named Dapo Adaralegbe, was expelled from the Obafemi Awolowo University, Ife, where she was studying Law due to her homosexuality.

She later underwent surgery to become a woman, she says that GOD is the devil himself.

Read on  to see what she says about God and why she believes God is the devil as she quotes from the Bible. (This is one of those times you’ll see why our people say “even devil know Bible pass any man”).

See her Biblical claims.

In her latest rant, she has taken to her Facebook page to share a post by an avowed atheist, Amenhotep Kingsagreed, where she thinks that God is the devil himself. “I’m amazed that people who claim to read and worship the words of the bible tend to be so ignorant about just what the bible says. I wonder how many of them know that god is quoted many times in the bible admitting that he is in fact evil. I will list those passages below.

Isaiah 45:7 - I form the light, and create darkness: I make peace, and create evil: I the LORD do all these things.

Exodus 32:14 - And the LORD repented of the evil which he thought to do unto his people.

Joshua 23:15 - Therefore it shall come to pass, that as all good things are come upon you, which
the LORD your God promised you; so shall the LORD bring upon you all evil things.

Judges 9:23 - Then God sent an evil spirit.

1 Samuel 16:14 - But the Spirit of the LORD departed from Saul, and an evil spirit from the LORD
troubled him.

2 Samuel 12:11 -
Thus saith the LORD, Behold, I will raise up evil against thee out of thine own
house.

1 Kings 9:9 - …therefore hath the LORD brought upon them all this evil.

1 Kings 14:10 - Therefore, behold, I will bring evil upon the house of Jeroboam

2 Kings 6:33 - …Behold, this evil is of the LORD;

2 Kings 21:12 - Therefore thus saith the LORD God of Israel, Behold, I am bringing such evil upon Jerusalem and Judah, that whosoever heareth of it, both his ears shall tingle.

2 Kings 22:16 - Thus saith the LORD, Behold, I will bring evil upon this place Nehemiah 13:18 Did not your fathers thus, and did not our God bring all this evil upon us, and upon this city?

Jeremiah 4:6 - Set up the standard toward Zion: retire, stay not: for I will bring evil from the north, and a great destruction.

Jeremiah 6:19 - Hear, O earth: behold, I will bring evil upon this people

Jeremiah 11:11 - Therefore thus saith the LORD, Behold, I will bring evil upon them.

Jeremiah 25:29 - For, lo, I begin to bring evil.

Jeremiah 35:17 - Therefore thus saith the LORD God of hosts, the God of Israel; Behold, I will bring upon Judah and upon all the inhabitants of Jerusalem all the evil that I have pronounced against them:

Jeremiah 44:2 - Thus saith the LORD of hosts, the God of Israel; Ye have seen all the evil that I
have brought upon Jerusalem, and upon all the cities of Judah.

Jeremiah 45:5 - …behold, I will bring evil upon all flesh, saith the LORD.

Jeremiah 49:37 -
…I will bring evil upon them, even my fierce anger, saith the LORD; and I will send the sword after them, till I have consumed them.

Micah 1:12 - …. evil came down from the LORD.

Micah 2:3 - Therefore thus saith the LORD; Behold, against this family do I devise an evil.
Stephanie Rose, Nigerian transgender insults God
So as you can see, Jehovah god admits that it is he that does all evil, not some “fallen angel” who gets the blame. The reason Satan gets the blame is solely so that the Christians can convince themselves that it’s not god doing it. But if you claim that god is not capable of committing evil acts then you are “giving false witness” and committing “blasphemy” against god and his character.

Now I ask you, why do you feel that this “god” is deserving of worship? Even if you believe that he does exist, after all he has done and all he admits, why would you want to devote your life to him? Of all the men who have lived not one of them can come close to the evil that this god is. No one has caused as much death and destruction that this god claims to have done.

It’s funny, the relationship that people have with this god reminds me of battered wife syndrome. He’ll beat you into submission, threaten you with terrible punishments if you don’t comply, convince you that you deserve that horrible treatment because your bad deep inside, then tell you he only does it because he loves you. Actually it’s not funny after all. It’s pretty damn sad.
Which ‘other uncontrollable devil’ is humanity searching for when the creator and inventor of evil has declared itself? The position of evil can not be checked because the same God is the creator and inventor of all evil.

Evil started from the same hopeless and foolish God because such useless and senseless God is evil. They do not go to Heaven and they do not go to Hell fire, the same God is the exact devil that deceived all religions about an untrue Heaven and untrue Hell fire!

Hell fire is a fallacy of imagination. NO BODY GOES TO HELL FIRE.”

Rose also has a book she has written titled: “NO BODY GOES TO HEAVEN BECAUSE NO BODY GOES TO HELL FIRE”

Credit: naijaonpoint.com
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Monday, 3 August 2015

Will Smith and Jada Pinkett Smith set to Divorce after 17 years of marriage

 Will Smith Jada Pinkett Smith to Divorce after 17 years of marriage
 
It’s over! After 17 years, RadarOnline.com has exclusively learned that Will Smith and Jada Pinkett Smith are ending their rocky marriage – with a blockbuster secret divorce deal.

“For Will and Jada, holding it together these past few years has been tough because their marriage has been on life support for a long time,” an insider told Radar.

“They’re exhausted from trying to maintain the façade of a happy union,” the source continued.

“They’ve decided to pull the plug in a carefully choreographed manner, [and] agree announcing their split at the end of the summer is the right move.”

The A-listers have already “worked out a confidential settlement to protect their $240 million fortune, and prepare their kids [son Jaden, 17, and daughter Willow, 14] for the fallout,” said the insider.

Hinting at their split earlier this year, the Bad Boys stud, 46, admitted that their marriage had “died” during an interview. Meanwhile, Pinkett Smith, 43, seemed to acknowledge Will’s notorious wandering eye, telling Howard Stern: “I’m not his watcher. He’s a grown man.”
She later added that she’s fine with Will’s ways, “as long as Will can look himself in the mirror and be okay.”

Rumors have persisted since 2013 that Smith romanced his Suicide Squad co-star Margot Robbie. He’s also been pictured without his wedding ring.

Pinkett Smith also allegedly cheated in 2011 with HawthoRNe co-star Marc Anthony. “They tried to fix things with therapy, [but] it’s not happening,” explained the source.

Said another source: “They’re already moving on with their lives. All that’s left is the inking of the divorce papers.”

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"Change The Memo", KSM's Apology Letter to Ghanaian youth


Change The Memo, KSM Apology Letter to Ghanaian youth

Ghanaian satirist, ace comedian, talk show host, events host and who is also the founder and CEO of Sapphire Ghana Limited, Kwaku Sintim-Misa popularly known as KSM in a letter he shared on social media today has apologized to Ghanaian youth for their generation leaving the youth of today nothing but a legacy of mediocrity to inherit.

Read KSM's full letter below.

APOLOGY TO THE YOUTH OF GHANA
PLEASE "CHANGE THE MEMO"

To the wonderful Youth of Ghana. Please be aware that the legacy we have left you to inherit is a legacy of mediocrity. The "Memo" we have left you is that it is ok to be sub-standard. The standards, we have set are below average but we have convinced you that they are acceptable. Sadly you have believed it and you have become a generation operating comfortably on a very low bar. I apologize for that and plead with you to CHANGE THE MEMO. The Memo encourages you to cling onto the way we did things: Our times were different. Maybe they worked for us. But applying those same guidelines to the demands of your generation is recipe for disaster.

In our time, it was safe to say things like; "WHAT YOU DON'T KNOW WILL NOT KILL YOU." In effect we were glorifying ignorance. Maybe we got away with it in our time, but in your time, what you don't know, may not kill you, but trust me, it will make you brain-dead. There are so many of you walking around confidently but totally brain-dead. CHANGE THE MEMO! Be aggressive about seeking information. Learn to question things and stop accepting every thing you hear. Many of you have been mentally imprisoned by this narrow scope of thinking. We have left you a Memo of education that teaches you WHAT TO THINK and not HOW TO THINK. The result of that memo is that many of you LACK INITIATIVE AND NO INDEPENDENT DRIVE to excel. This attitude will slow you down and cannot survive in these dynamic times. CHANGE THE MEMO.

Our times were totally different. We could survive and progress with what I call the "PASSENGER MENTALITY." We have left you with that memo. Take my word, you cannot survive with that mentality in your generation. CHANGE THE MEMO.

In your time, what can make you progress is the "DRIVER MENTALITY". The "Driver Mentality" is about ACCEPTING RESPONSIBILITY AND TAKING CONTROL of the direction of your LIFE. It's about understanding that in this world there are CHOICES AND CONSEQUENCES. That you are responsible for the choices you make and that you must be PREPARED FOR THE CONSEQUENCES OF the CHOICES.. The 'PASSENGER MENTALITY MEMO' we have left you makes you the passenger in your own life. You are not in control. You are at the mercy of the driver. You have no control of where the bus is taking you. In effect you are not in Control.

It is that mentality the breeds the VICTIM SYNDROME. You do not take responsibility for the choices you make, neither do you recognize that whatever consequences you are going through in life is a direct reflection of the choices you made. You always see yourself as victims.

Its amazing how much time some of you spend complaining about your so-called HATERS! With a DRIVER'S MENTALITY even so-called haters give you MOTIVATION to succeed.

All I am saying is that your NEGATIVE state of mind, is a direct legacy from our memo. I write to apologize for that but more importantly to draw your attention to the fact that you are still holding on to them and it is a recipe for failure in this "e-generation"

I am happy though that some of you are not using that MEMO. Mabel Simpson has changed the Memo, so has Fred Degbe, so has Tony Seneya, so has Gideon Agyare so has Kafui Adzah and many many more that I can't mention. They have the driver mentality and so can you, From now on: Its
‪#‎changethememo‬

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Read Shatta Wale's Apology Letter To Charterhouse, GhOne TV, Samini, Stonebwoy And More



Ghanaian dancehall musician, Shatta Wale who already has a pending court case with events company Charterhouse and its CEO Mr. Iyiola Ayoade at the Fast Track Division of the Accra High Court  wants peace to reign.

Charterhouse sued Shatta Wale almost a year ago for defamation and is seeking damages of ten million Ghana cedis(GHS 10,000,000).

Also Shatta Wale and fellow musician, Samini have a long standing feud between them, and his 'beef' with Stonebwoy(another dancehall musician) was just picking up.

The musician has apologized in a letter he shared on social media and he is asking for pardon from industry persons he had/has in one way or the other wronged.

Read his unqualified apology letter below.

Every birth brings to every household good tidings and blessings.
You and I brought joy on this plane and are blessings onto our folks and the universe as a whole.

The instance I set eyes on MAJESTY, calm and peace went up my spine, his cries were distinct with words saying “make peace daddy” I have struggled with this message for a while and prayed over it.
Anytime I held him in my arms those are the words that resounds in my soul.
I have been through a lot and thankful to the lord for all my trials and tribulations. He made me strong and has always won victory for me in the face of adversity. He’s kept his promise and has never disgraced me. He has in many ways spoken to me and I have listened. He’s spoken to me again and I humbly oblige.

By this piece I am calling for a suspension of hostilities in our industry and would like to ask for pardon if by my actions or inactions caused grief to all industry persons.

My code of belief has always been to wrestle against sinister motives and overcome hurdles in our industry that seeks to pull down and impoverish the ghanaian artiste and the industry as a whole.

I mean well and hold on to my philosophy, I believe all in the industry shares the same vision and ask we join forces to wrestle our demons to see our industry thrive for posterity.

Apologies to my brother Samini and his family, to Mr. Ayoade and the staff of charterhouse and GhOne, to every journalist, blogger, media house, presenter and my colleague artistes I may have stepped on.

Lately there’s been an external attempt to start a feud between me and my younger brother Stonebwoy, but we are above it. Let’s bust a tune for them, I say to my young brother.

To my brother Samini, I say we owe the world a collaboration and a worldwide Peace Tour.

I hope my message will not be misread and misconstrued. I am not asking Charterhouse
to withdraw their case against me or sought after awards and also not seeking to win the media over. Thank you.

I am carrying out the highest order as a servant of God onto mankind.
God bless Ghana and our entertainment industry. Let’s get together and forge ahead.

SIGNED
Charles Nii Armah Mensah
Founder/CEO Shatta Movement Records
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Friday, 31 July 2015

Wrestling Legend "Rowdy" Roddy Piper Has Died: WWE Hall Of Famer


Wrestling legend "Rowdy" Roddy Piper has died at the age of 61 from cardiac arrest. TMZ Sports has learned.

Piper - born Roderick George Toombs - died from cardiac arrest in his sleep at his home in Hollywood on Thursday night. He was discovered on Friday.
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Thursday, 30 July 2015

MTV Base Africa, MzVee, Samini, Bulldog, VGM, 4x4, Others, Send In Condolences To Stonebwoy

Stonebwoy
Ghana’s 2015 BET Awards winner for Best International Act(Africa) who is also the reigning Vodafone Ghana Music Awards artiste of the year 2015, Livingstone Etse Satekla known by his stage name as Stonebwoy lost his mother yesterday July 29 at the 37 military hospital in Accra after she was rushed there last Sunday.

Her demise came as a shock to many and at a time when Stonebwoy is at the prime of his music career and chalking lots of successes with awards coming in from here and there.

Stonebwoy is an afropop, dancehall and reggae artiste, and CEO of Burniton Music Group.

Ghanaians and others alike have been sending in their condolences to Stonebwoy and the entire bereaved family since the unwanted news broke out. Below are couple condolences from his fellow musicians.

MzVee
My heart goes out to my brother from another mother stonebwoy. God is with you. 'Megav) o...' Mawul.

Edem 
Dear Stonebwoy, I write this out because you have found yourself in a position I was at 13. You feel hurt, you still don't believe it, your mind is racing with memories of both of you. You are having flash forwards of plans you have for her. There is no pain compared to what you feel now mixed with 'if I had known". At the same time you have to simultaneously be the man at the moment for all your siblings.

As I wish you my heartfelt condolences and God's strength. I also want to remind you. Your Mom is not gone. She is what you have become, Her principles are what keeps you moving, God believes her job is done but he will surely show you her traits through your kids when they are born. It might be their Smile,their composure when angry or their approach to life overall. God give you strength.

Call on me Any day brother. And remember nothing will make her proud than you continuing the legacies she impacted. Death's icy hands cannot surmount the ultimate eternal fulfillment you get
internally if you know every step still makes her proud in the heavens.
‪#‎gogetem‬#bhim

Signed
Edem Goget'em
Stonebwoy and his late mother
4x4
Our condolences and prayers are with you stonebwoy. Just be strong. Mum is smiling at you straight from heaven. RIP mama. Stonebwoy we... you

AK Songstress

RIP. Untimely loss of Stonebowy's mother. My deepest and sincere condolences, may the family be comforted..!! stonebwoy.

MTV Base Africa
We have just learned of the sad passing of stonebwoy’s mother - please keep him and his family in your thoughts and prayers.

Bulldog Of Bullhaus

We offer our sincere condolences to Ghanaian dancehall artiste Stonebwoy Burniton and his entire family for their loss. #‎SMRMBH‬ ‪#‎sikanhyira‬ #‎magicalyear‬.

Iwan
I feel for you Stonebouy. R.I.P Mama. Wol Faith Bro. Jah Know.

Vodafone Music Ghana
Our heartfelt condolences go out to stonebwoy and his family. Our thoughts are with you at this time.

Samini
I'm so sorry to hear this brother Stonebwoy. Sad sad sad vibes but Jah knows best. Be strong and #burniton still brother.
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Wednesday, 29 July 2015

Stonebwoy Loses mother, manager confirms

Stonebwoy mourning mother death

Stonebwoy's mother passes today.

Ghana’s 2015 BET Awards winner for Best International Act(Africa) who is also the reigning Vodafone Ghana Music Awards artiste of the year 2015, Livingstone Etse Satekla known by his stage name as Stonebwoy has lost his mother today July 29 at the 37 military hospital in Accra.

Information available on his facebook fans group indicate that, Stonebwoy’s mother was rushed to the hospital on Sunday and sadly death laid its icy hands on her today.

Although Stonebwoy has not made any statement concerning his mother’s demise, his manager, Blakk Cedi confirmed on facebook that something bad has befallen their camp by changing his profile photo into a total black image.

Stonebwoy is an afropop, dancehall and reggae artiste, and CEO of Burniton Music Group.
Blakk Cedi manager confirms the death of stonebwoy mother
Blakk Cedi confirming on facebook that something unwanted has happened to camp
Our sincere condolences to Stonebwoy and the bereaved family. Take heart. 

UPDATE
From the horse's(Stonebwoy's) own words, his mother is indeed dead. He confirmed this on social media this morning in two posts. One, "ONLY JAH KNOW!" and in the second post which came with a total black image, "MAMA!! Only Jah Know!!"

Stonebwoy mother dead
Stonebwoy and his late mother
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ICGC Pastor Kills Wife

ICGC pastor Houkpe Archill Yao kills wife Rita Kweve
A 41-year-old pastor of the International Central Gospel Church (ICGC) - Old Timers Assembly - has been arrested by the Kasoa District Police for killing his wife.
 

Pastor Houkpe Archill Yao purportedly committed the act at their Rock City residence on Saturday July 25. 

Yao, a Togolese is reported to have committed the heinous crime after a misunderstanding between him and his wife.

Yao took their two children to their hometown in Togo before reporting himself to the Amasaman Police Tuesday.


The body of the deceased, identified as Rita Kweve, 37 - a Sunday school teacher of the Church was discovered by a neighbor in their rented Single room apartment around 7am the following day.

The Kasoa District Crime Officer, DSP Samuel Naa Musah told the Daily Graphic that they found the deceased lying on the bed with blood oozing out of her mouth and nose.
 

The body was picked and sent to the Police Hospital for preservation and autopsy.

Credit: myarkfmonline.com
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Tuesday, 28 July 2015

I am Sick of Never having sex - Ghanaian muslim woman, Fati Cries Out

Ghanaian muslim woman, Fati is sick of never having sex

Hello people, I am Fati, 27 years with one girl who is now three years of age. People please help me.

I am Muslim lady looking for Muslim guy to marry. I am EXHAUSTED. I am exhausted of trying to keep my head up, telling myself that the right man is on its way. I am legitimately ANGRY at people who tell me that “it comes along when you are not looking and least expect it.” I am a busy girl, yet I see no one coming along. I am sick of sleeping alone, never cuddling with anyone, never having sex, never having a date on holidays. I am sick of seeing all my friends move on.

We live in a couples’ world. I am sick and tired of not being invited to gatherings because its always all couples. I am sick of seeing people happy and together.

It is just not fair. I have tried enough to stay positive, and I have had bad luck in love since high school, throughout college, throughout graduate school. Yes, I sound bitter, but only because I have been patient way too long. I was diagnosed with severe depression for the first time in my life a few days ago. I know why I am depressed, it is because I am lonely and miserable. I don’t have the life I want because I cannot find the relationship I want.

I deserve it: I am smart, educated, attractive, and take care of myself. I would never lie or cheat.
My question is: how can I feel better? I feel like I have tried it all and am at the end of my rope here. Therapy, psychics, exercise, meditation, etc. I am just so tired of it all, because nothing is working.

How can I stop being so unhappy?

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Saturday, 25 July 2015

NSFW: Super Hot Photos of Actress Princess Shyngle (New Release)

 Gambian Ghanaian actress Princess Shyngle hot photos
Ghana-based Gambian actress, Princess Shyngle keeps turning heads on the steets
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Friday, 24 July 2015

10 Fancy Jobs In Ghana That Do Not Pay


Unemployment rate in Ghana is very high, meaning job security is a big deal.

Those with jobs would do anything to keep their jobs even if it doesn’t pay well, simply because “half a loaf is always better than none”.

There are certain jobs which are respected but people employed to these positions, cry at the end of the month as salaries are meager.

Let’s take a look at some good-looking and comfortable jobs in Ghana that pay way less than you can imagine.

#1 Radio Presenter/TV Host

 

Unless if you are Abeiku Santana or Kwame Sefa Kayi, the average radio presenter makes between ¢400 to ¢1000, some even do it for free. Hence, the reason why lots of radio presenters are being poached back and forth, provided the money is slightly better, they will make the move.
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Thursday, 23 July 2015

50 Cent Testifies His Lifestyle Is An Illusion: 'I Take The Jewelry And Cars Back To The Stores'

 Curtis Jackson, aka 50 Cent, appears in Manhattan Supreme Court on Tuesday, July 21, 2015, in New York to testify in a lawsuit about a sex tape he allegedly posted online
Curtis Jackson, aka 50 Cent, appears in Manhattan Supreme Court on Tuesday, July 21, 2015, in New York to testify in a lawsuit about a sex tape he allegedly posted online.

After filing for bankruptcy last week, 50 Cent, whose real name is Curtis Jackson, appeared in a Manhattan Supreme Court on Tuesday morning to testify that he is not as wealthy as his flashy lifestyle makes him appear to be.

While Forbes estimated the rapper's fortune to be about $155 million in May, Jackson's lawyer said in court Tuesday that his client's worth is $4.4 million, which presents a problem after he was hit last week with a $5 million verdict for publishing a sex tape starring rival Rick Ross' ex-girlfriend.
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The Top 80 Richest People In Ghana: 2015 Ghana Wealth Report


80 Richest People In Ghana, 2015 Ghana Wealth Report

The Ghana Wealth Report for 2015 was released by Goodman AMC. The report is based on a comprehensive study of more than 100 successful entrepreneurs and investors in Ghana as well as how and what they invest in. This report makes known of fascinating insights about the profiles and net worth of the 80 richest people in Ghana and also provides a compendious review of the wealth sector in Ghana.

Findings from the report shows that tremendous amounts of wealth has been accumulated by Ghanaians during the past 20 years. The report has discovered some intriguing data about the wealthy in Ghana and how they impact on Ghana’s economy and policies.

Ghana’s 80 Richest People control $2.5 billion which represents 6.4% of Ghana’s GDP, they have a combined wealth of $29.3 billion total and employ over 150,000 Ghanaians directly.

Goodman AMC predicts that the wealth held by the wealthiest people in Ghana will rise 8.7% during Ghana’s election year in 2016 next year and decline by 2.1% in 2017.
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Wednesday, 22 July 2015

Ghana Always Have The Option To Say No To World Bank And IMF And Back Off - KSM

KSM
Ghanaian ace comedian, event host, founder and CEO of Sapphire Ghana Limited who is also the host of 'The KSM Show' on Metro TV, Kwaku Sintim-Misa popularly known as KSM writes again in a social media post that read, ""BAIL OUT OR DEBT TRAP?"

There has been so much talk and bad mouthing of the IMF. I tend to agree with most of the comments but I refuse to condemn the IMF. Don't get me wrong. I like to think I am a "nationalist" and a "patriot". I believe in "Homegrown" policies and "remedies" I am of the view that "we should be able to lift ourselves from this quagmire of poverty and indebtedness and stand strong as a nation". I believe in all this talk. The only problem is that we have been saying this since I was a teenager in secondary school! Guess what? I am now a grandfather and I still hear the same thing.

The issues we discussed then are the same being discussed now. The only difference is that there were no radio stations to blast our voices but we talked and argued about the same things in our dormitories in high school!. Thanks to FM radio now, the debate is on air. But do you know what freaks me out? The situation hasn't changed one bit. If anything at all, its gotten worse. The last time I checked, we were still blasting the IMF and Wold Bank for being responsible for our economic woes and and yet we still go to them for economic advice and financial bailout.

Read also>>> IMF And USA Set To Ruin Ghana
Who was it that said it is only a "mentally challenged" person, who will repeat the same action and yet expect to get different results? I refuse to condemn the World Bank and the IMF. Who is it that will give you a loan and not set conditions FOR PAYBACK? If we are not intelligent enough to make sure that the conditions we accept do not backfire then we are to blame when it does. We always have the option to say no and back off.

When we got debt relief as a part of the benefit of going HIPC, that was awesome. What went wrong was that the condition they gave us. We were told to use the relief money on projects that will help in "poverty alleviation". Right there we should have known that the only answer to poverty alleviation was wealth creation. We should have invested the relief money in areas that would have generated wealth and the revenue from that invested in wealth creation activities.

What did we do? Instead of investing in activities that would generate income out of which some would be invested in boreholes and public toilets, we invested directly in the boreholes and public toilets and proudly called them HIPC Benefits! They looked good but in strict economic sense they had become liabilities. If you do not invest in activities that generate income, to pay off your loan, you will find out that the "bailout" will become a "debt trap".

We have come full circle again, we are now being BAILED OUT again. Will this be the last time? Are we investing in INCOME GENERATING activities that will create wealth to pay off the loan or are we going to repeat the same but expect different results. Are we opting for a BAILOUT or are we walking into a DEBT TRAP. The option is ours!
‪#‎justthinking‬"
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