The Ghanaian Chronicle

The Chronicle has a rather loaded front page headline which says: "As an Omani prepares to head national airline...Ghana air borrows 60 billion cedis to pay debts...Salia defends cocktail of indebtedness". The accompanying story says follow-up details emerging from the shocking 23 billion cedis loss bequeathed to Ghana Airways by Speedwing Consultantcy indicate that the airline has to pay an outstanding debt of 32 billion cedis, apart from the huge debt. According to the Chronicle Ghana Airways intends to settle the debt from part of a 25 million-dollar loan (about 60 billion cedis) it has contracted from multi-national banks. GRi

"No show Opposition", is the headline of a front page story of the Chronicle which says the parade of security services at the Independence Square last Wednesday to mark the fifth anniversary of the Fourth Republic, was boycotted by Members of Parliament of the Minority parties comprising the NPP, PCP and PNC to the chagrin of the ruling NDC government who least expected such reaction. The Chronicle says all but two MPs stayed off (for strategic reasons) to protest against what they saw as the denigration of a national event into a party affair. The NDC, the paper says, had described the action of the Minority group as an obvious refusal to respond to overtures for rapprochement. GRi