National Undergraduate Debate and Essay Competition

2017/07/25Posted by Mr Bismark Kwofie

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GHANA-CHINESE LOANS AND THE PEOPLE OF GHANA

2017/07/19Posted by Mr Bismark Kwofie

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I am much concerned about how politicians make the good citizens of Ghana confused. With keen interest, I have followed the rebuttals of the incumbent government’s economic representatives on the $15 billion loan from China after the return of Dr. Mahamudu Bawumia (the vice president of Ghana) from Beijing with the opposition party. The fey of these two giant political rivals have a ripple effect of gross misunderstandings. I will take the pain to free the many from the fetter of ignorance on this loan from the Chinese. Government’s fiduciary duty to its citizens is currently murky to many. The opposition party somehow do not want to tell the truth and the present government is getting confused about the $15 billion Chinese loan.

The Chinese neither give concessional or non-concessional loans to Africa but that of resource –backed loans. To eschew further ambiguity of the subject matter, concessional loans are loans with little or no interest. This kind of loans are given to low income countries under the Poverty Reduction Facility and the opposite is concessional loans with high interest. Resource-backed loans or commodity-backed loans involve the use of the natural resources (gold, bauxite, oil, manganese etc.) as collateral. Angola was the first African country to secure a resource-backed loan with its oil and gas resources to build new infrastructure after the war in the 1990s. What Dr. Bawumia went for is a resource-backed loan in a form of partnership.

DR. MAHAMUDU BAWUMIA’S “LOAN’’

UNEDITED ESSAY OF THE AFRICAN JOURNALISTS FOR LIBERTY'S COMPETITION

2017/06/14Posted by Mr Bismark Kwofie

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"The role of journalists in a free society and holding government accountable"

By McAnthony Dagyenga

Introduction

In very early days of May 2003, the Deputy Secretary-General of the Panel of International Journalists, Louise Frechette remarked that “a free and independent press is the lifeblood of strong, functioning societies and a lifeline to progress itself”; he further stated that “unless ideas and information could travel freely, both within frontiers and across them, peace would remain elusive…and where censorship was imposed, both democracy and development were the losers.”

Frechette’s assertion suggests that a society without a free press or journalists cannot be described as free and as such cannot hold its government accountable. Meanwhile, a democracy without accountability is like concrete without cement, the reason the role of journalists in a free society cannot be understated.


ILAPI-Ghana launches African Journalists for Liberty.

2017/06/09Posted by Mr Bismark Kwofie

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The Institute for Liberty and Policy Innovation (ILAPI-Ghana), a free market and an educational policy think tank has engaged journalists on the ideas of economic freedom, libertarianism, property rights, entrepreneurship and government accountability.

ILAPI-Ghana’s new project, African Journalist for Liberty (AJL), brought together 27 selected journalists from different media outlets in Ghana to educate them on the principles of liberty and economic freedom; this is to help them make use of such elements in their reportage on the theme: Diffusing Economic Freedom through Journalism, on 6th May 2017.  Journalists have little or no knowledge on economic freedom and how they can be used to promote a free society through their content development.

The Journalists for Liberty was launch by the Executive Director of ILAPI – Mr. Peter Bismark Kwofie, who set the mood, saying “Journalism, the fourth arm of government and the driving force of information, has the biggest role to play to ensuring free and fair distribution of wealth but not that of the state’s welfare system in Germany, in 19th century, and now being ploughed in Africa. Journalists must not attack government but to disarm and assist to constitutio

AU, ITS IMPORTANCE TO THE FREEDOM AND LIBERTY OF THE CONTINENT.

2017/06/02Posted by Mr Bismark Kwofie

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Every 25th May, Africans commemorates African Union Day amidst of it zero records. How effective has the AU been in tackling the numerous problems facing the continent? Can the AU tell the people in the continent why it should be allowed to hold such meetings in the name of the people after five years of no results? Can the AU tell the people in Africa one single thing that it has got right since its inception? What at all has the AU achieved in Africa that merit another waste of tax payers' money? The AU has failed to promote peace, security, and stability on the continent. Currently in Nigeria, Islamic militant Islamist group Boko Haram from 2009 has killed 40000 and displaced 2.3 million from their homes.(New York times,2016). This group has carried out mass abductions including the kidnapping of 276 school girls from Chibok in April 2014. It took the Swish government and the international committee of the Red Cross helping as mediators to release 82 of the girls. This militant group was ranked as world’s deadliest terror group by the Global Terrorism Index in 2015. The toothless AU has watched them all these while. Xenophobic attacks in South Africa started in March 2015 and still ongoing. As today being AU day, there are 300 hundred people have been killed in Central African Republic in militia violence. It is estimated 500,000 citizens could be displaced by the end of May. AU was there when troops killed Libyan President because he was fort for freedom and liberty for his country. On the issue of trade, AU has failed its members drastically. Member states cannot move and trade freely .High trade barriers are inimical to the growth of the continents. It is obvious trading between African continent and the rest of the world is freer than continental trade. Africa loses billions of dollars in potential trade earnings every year because of restrictive barriers to regional trade.(World Bank ,2015). Round trip fro Accra to Freetown (sierra Leon) which is 1857.9k