How the cedi's strength cost the GRA nearly a third of its revenue

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Wise Man. 3 months ago

Foolish idiot, the money you were taking before was because of the Cedi stupidity which was using to Rob Ghanian citizens at the Port Tru Bad past government so what you are receiving now is correct and therefore you are not ...
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Foolish idiot, the money you were taking before was because of the Cedi stupidity which was using to Rob Ghanian citizens at the Port Tru Bad past government so what you are receiving now is correct and therefore you are not loosing any Revenue so please use your brains to understand how it works and stop stealing from Ghanian citizens at the Port.
smh 3 months ago

Oyiwa!! Everybody knows the whole Ndc government had nothing to do with the dollars decline against the cedi….

Oyiwa!! Everybody knows the whole Ndc government had nothing to do with the dollars decline against the cedi….
Stone 3 months ago

Npp man. You are sad, the cedi is strong. Whatever you do, Opposition is your destination. Peeaw

Npp man. You are sad, the cedi is strong. Whatever you do, Opposition is your destination. Peeaw
Samurai 3 months ago

Would I be right to say some people are not happy with the cedi gaining strength???

Would I be right to say some people are not happy with the cedi gaining strength???
MUMU FOOT SOLDIERS 3 months ago

What are you gaining from the strength of the cedi, what, prices are going up every day. The costs of the things in the country and abroad are all going up, tell me who do that help?

What are you gaining from the strength of the cedi, what, prices are going up every day. The costs of the things in the country and abroad are all going up, tell me who do that help?
Cement prices 3 months ago

Cement prices should go down . The companies are cheating . He said 30 % .

Cement prices should go down . The companies are cheating . He said 30 % .
ABSOLUTE NONSENSE 3 months ago

If tax collection authority in Ghana is crying over not meeting its target because of a strengthened currency, that tells you everything about the mental state of our leaders. You tell everyone else to do business in cedis , ...
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If tax collection authority in Ghana is crying over not meeting its target because of a strengthened currency, that tells you everything about the mental state of our leaders. You tell everyone else to do business in cedis , yet you do yours in foreign currency. Shame on you all
True 3 months ago

Exactly what I was thinking. Why should duty be calculated in dollars?

Exactly what I was thinking. Why should duty be calculated in dollars?
Bitter truth 3 months ago

If this is not stupidity, then what else? U have a port in Ghana but u charge in dollars? Are u sure the African is a human being with brains? Why must u have a port in Ghana which the currency is in cedis but the port char ...
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If this is not stupidity, then what else? U have a port in Ghana but u charge in dollars? Are u sure the African is a human being with brains? Why must u have a port in Ghana which the currency is in cedis but the port charges in dollars..Ghana would have been better place if there were no politicians hovering the country..it seems he is even not happy the cedi is doing well..imagine such a person as a leader..
Joko 3 months ago

You told Ghanaians not to quote prices in foreign currency but you are doing it and still shamelessly complaining.

You told Ghanaians not to quote prices in foreign currency but you are doing it and still shamelessly complaining.

Stone 3 months ago

In the first place, why charge duties in Dollars? Are we in America? So you are not happy because the cedi is strong. This is our problem.

In the first place, why charge duties in Dollars? Are we in America? So you are not happy because the cedi is strong. This is our problem.
KB 3 months ago

I have always told people that, the government intentionally manipulate the dollar just to generate more revenu from the port. It is the biggest and laziest source of revenue generation for the state at the expense of entire ...
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I have always told people that, the government intentionally manipulate the dollar just to generate more revenu from the port. It is the biggest and laziest source of revenue generation for the state at the expense of entire country. What a shame! No wonder they always talk about getting more revenue each fiscal year.
Atsu 3 months ago

This artificial propaganda sharp appreciation of the cedi is just 419 and not sustainable. Azaa NDC crooks

This artificial propaganda sharp appreciation of the cedi is just 419 and not sustainable. Azaa NDC crooks
Gabaa 3 months ago

Very short sighted. Importation is detrimental to the economy

Very short sighted. Importation is detrimental to the economy
Don Papa 3 months ago

U can't eat your cake and still have it

U can't eat your cake and still have it
Test2 3 months ago

AND ALL THESE BOW TIE MEN CALL THEMSELVES EXPERTS
FOOLISH EXPLANATION WHO WANTS GHANAIANS TO SUFFER

AND ALL THESE BOW TIE MEN CALL THEMSELVES EXPERTS
FOOLISH EXPLANATION WHO WANTS GHANAIANS TO SUFFER
Abena Appiah 3 months ago

Why would a government institution charge in dollar when BoG is telling businesses to do otherwise, hmn!.

Why would a government institution charge in dollar when BoG is telling businesses to do otherwise, hmn!.
Truthteller 3 months ago

Is there a math teacher online? How would you lose 30% in Ghana. Surely it would be 30% gain if the cedi is stronger. One dollar only buys ten cedis instead of sixteen.

The US has to pay more dollars to purchase the same ...
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Is there a math teacher online? How would you lose 30% in Ghana. Surely it would be 30% gain if the cedi is stronger. One dollar only buys ten cedis instead of sixteen.

The US has to pay more dollars to purchase the same value of cedis. For example If something cost 1000ghc, it would have been $62.50 to buy it if it was sixteen cedis to the dollar. The same 1000ghc item would cost $100 if the rate is ten cedis to one dollar.

I am not commenting on the politics, rights or wrongs. I just want somebody to clarify the maths.

My one additional comment is that the "loss", only occurs if you trade in dollars, are now . The practice of trading in a foreign currency in your own country is widespread in the "third world ". To truly have a strong currency you need to stop foreign currency.
Trevino 3 months ago

It looks like Ghanaian themselves loves hardship than softship.We have worshipped the Dollar for far too long,and it didn't help us at all.The IMF is a Dracula.Let Africa stand up ooooooooo.Let us use Afro,let our coins be ku ...
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It looks like Ghanaian themselves loves hardship than softship.We have worshipped the Dollar for far too long,and it didn't help us at all.The IMF is a Dracula.Let Africa stand up ooooooooo.Let us use Afro,let our coins be kudi.ENOUGH IS ENOUGH.

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How the cedi's strength cost the GRA nearly a third of its revenue

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