Cedi sinks low

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Odikro 12 years ago

The slipping value of the cedi to major currencies is due to the poor management of the economy by Mahama's government. It is not due to the fears that there maybe a change in government .

Mahama's government is the most c ...
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The slipping value of the cedi to major currencies is due to the poor management of the economy by Mahama's government. It is not due to the fears that there maybe a change in government .

Mahama's government is the most corrupt, most inept, most bastardized of all the governments Gh has had.
There is rampant financial malfeasance. Take a look at the GYEEDA report, Wayome , Isofoton, Guinea Fowl project, etc. Ghana is being looted left and right.
Kwame 12 years ago

John MAHAMA must leave power if Ghana is to expect any stability in the currency.

John MAHAMA must leave power if Ghana is to expect any stability in the currency.
GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

HIS REAL NAME IS JOHN MUHAMMAD AND HE CHANGED IT TO MAHAMA....
THEY ARE A BUNCH OF LOSERS. LAZY LOSERS WHO ARE ALLERGIC TO DEEP THOUGHT AND HARD WORK TO ACHIEVE CONCRETE RESULTS. EVERYTHING THE NDC DOES IS FAKE N MEANT TO GE ...
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HIS REAL NAME IS JOHN MUHAMMAD AND HE CHANGED IT TO MAHAMA....
THEY ARE A BUNCH OF LOSERS. LAZY LOSERS WHO ARE ALLERGIC TO DEEP THOUGHT AND HARD WORK TO ACHIEVE CONCRETE RESULTS. EVERYTHING THE NDC DOES IS FAKE N MEANT TO GENERATE SHORT TERM SPECTACLE N FUN. NDC FOLLOWERS SHOULD BE ASHAMED OF THEIR PARTY N WAT IT STANDS FOR. GROSSLY INCOMPETENT. U BORROW MONIES FROM CHINA, ASK THEM TO COME IN AND RAPE GH LEGALLY, N GO AHEAD N QUIETLY PRINT MORE CEDIS. WAT DO U THINK WILL HAPPEN TO THE VALUE OF THE CEDI? THIS ISNT ROCKET SCIENCE. NDC ARE NATION WRECKERS...
GORLEY 12 years ago

PETITION OR NO PETITION, PINK SHEET OR NO PINK SHEET, MAHAMA MUST GO THAT IS THE ONLY WAY GHANA CAN RECOVER FROM ITS SLUMBER.

PETITION OR NO PETITION, PINK SHEET OR NO PINK SHEET, MAHAMA MUST GO THAT IS THE ONLY WAY GHANA CAN RECOVER FROM ITS SLUMBER.
Omanhene 12 years ago

Bye bye Mahama

Bye bye Mahama
Tokyo !! 12 years ago

Only the cedi. The whole country is sinking low and very fast under the current leadership !!

Only the cedi. The whole country is sinking low and very fast under the current leadership !!
KMAN 12 years ago

ANYTIME THEY ARE IN GOVT THE CEDI SINKS LOW.

ANYTIME THEY ARE IN GOVT THE CEDI SINKS LOW.
GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

LISTEN TO THE WAY AND MANNER HE SOUNDS WHEN HE SPEAKS. JESUS CHRIST A GH PRESIDENT PAA NIE. YEWU! HE RABBLES AND BABBLES ON LIKE A ROCK SLIDING DOWN A HILL......

I REALIZED THIS GUY'S GROSS INEPT, SHABBY N LACK OF DICTION ...
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LISTEN TO THE WAY AND MANNER HE SOUNDS WHEN HE SPEAKS. JESUS CHRIST A GH PRESIDENT PAA NIE. YEWU! HE RABBLES AND BABBLES ON LIKE A ROCK SLIDING DOWN A HILL......

I REALIZED THIS GUY'S GROSS INEPT, SHABBY N LACK OF DICTION DURING THE CAMPAIGN/DEBATE. MAHAMA IS A SHABBY PERSON, NO ATTENTION TO DETAIL. GO N SEE HIS LIVING SPACE. VERY DIRTY N DISORGANIZED
ATOM 12 years ago

“I don’t think people are going to be thinking about whether there’s going to be any unrest or volatility.

People are more concerned about what that means for economic stability.”

SAID Stuart Culverhouse, Londo ...
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“I don’t think people are going to be thinking about whether there’s going to be any unrest or volatility.

People are more concerned about what that means for economic stability.”

SAID Stuart Culverhouse, London-based Chief Economist at Exotix Ltd.

WHAT SMART GHANAIANS WILL DEDUCE FROM THE ABOVE COMMENT BY STUART IS THAT FOREIGN INVESTORS DON'T GIVE A FUCK ABOUT UNREST IN GHANA. GHANAIANS CAN CONTINUE TO BUTCHER THEMSELVES TO DEATH. WHAT THE FOREIGN INVESTOR IS MORE INTERESTED IN IS HIS EXPLOITATIVE PROFIT AT THE END OF THE DAY, NOT ABOUT UNREST IN GHANA.

THE BLACK MAN WILL CONTINUE TO BE DUMB AND POOR, AS LONG AS WE CONTINUE TO ENRICH WHITE RACISTS.

GHANA LEADERS MUST LEARN FROM THE MEXICANS, ROBERT MUGABE'S ZIMBABWE, AND HUGO CHAVEZ OF VENEZUELA. ALL OF THESE LEADERS BELIEVE IN THE "CAN DO" NATURE OF THE BLACK MAN IN THIS 21ST CENTURY.
ATOM 12 years ago

“I don’t think people are going to be thinking about whether there’s going to be any unrest or volatility.

People are more concerned about what that means for economic stability.”

SAID Stuart Culverhouse, Lond ...
read full comment

“I don’t think people are going to be thinking about whether there’s going to be any unrest or volatility.

People are more concerned about what that means for economic stability.”

SAID Stuart Culverhouse, London-based Chief Economist at Exotix Ltd.

WHAT SMART GHANAIANS WILL DEDUCE FROM THE ABOVE COMMENT BY STUART IS THAT FOREIGN INVESTORS DON'T GIVE A FUCK ABOUT UNREST IN GHANA. GHANAIANS CAN CONTINUE TO BUTCHER THEMSELVES TO DEATH. WHAT THE FOREIGN INVESTOR IS MORE INTERESTED IN IS HIS EXPLOITATIVE PROFIT AT THE END OF THE DAY, NOT ABOUT UNREST IN GHANA.

THE BLACK MAN WILL CONTINUE TO BE DUMB AND POOR, AS LONG AS WE CONTINUE TO ENRICH WHITE RACISTS.

GHANA LEADERS MUST LEARN FROM THE MEXICANS, ROBERT MUGABE'S ZIMBABWE, AND HUGO CHAVEZ OF VENEZUELA.

ALL OF THESE LEADERS BELIEVE IN THE "CAN DO" NATURE OF THE "BLACK" MAN IN THIS 21ST CENTURY.

THE PROBLEM IS OUR COUNTRY HAS BEEN TAKEN OVER BY VILLAGERS AND UNCIVILIZED CRIMINALS WHO THINK WEARING SUITS AND WESTERN DRESSES ARE ALL THERE IS TO CIVILIZATION.

KMAN 12 years ago

...AND TALK ABOUT THE BLACK MANS GREED INSTEAD. DONT FORGET IT WAS THE BLACKMAN THAT SOLD HIS BROTHER TO WHOEVER.

...AND TALK ABOUT THE BLACK MANS GREED INSTEAD. DONT FORGET IT WAS THE BLACKMAN THAT SOLD HIS BROTHER TO WHOEVER.
SULE 12 years ago

The issues confronting the economy of the country is one of mismanagement, corruption, fiscal indiscipline, a monumental lack of competence at the finance ministry and a gov't team, which is ready to sacrifice all the precaut ...
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The issues confronting the economy of the country is one of mismanagement, corruption, fiscal indiscipline, a monumental lack of competence at the finance ministry and a gov't team, which is ready to sacrifice all the precautions in the books economically to stay in power at all cost. " We had to do what we had to do politically" a quote from a deputy minister of finance then and a current minister of state of finance and allied services, as to what that even means, nobody knows.
Here is a gov't team, that exhibited such gross recklessness, bordering on criminality in paying dubious and fraudulent judgment debts, created vehicles and conduits to siphon state cash via GYEEDA and a host of others, including NADMO, in the very last quarter of 2012, effectively throwing the economy, which had been experiencing huge hiccups, further out of gear and sputtering uncontrollably by sheer incompetence, unmitigated ineptness, gargantuan corruption and looting, outright thievery and legendary mismanagement unprecedented in the annals of history of governance in the country.
The needed infrastructure and policy interventions that should have been put in place after the Mills-Mahama and now Amissah Arthur administration took over in 2009, were sadly thrown out of the window and in it's place, impunity and propaganda, lies and deceit took the better part of the administration.
It would be recalled that with the attainment of lower middle income status, gov't was no longer going to enjoy the aid, grants etc, etc, that were hitherto dripping into the country, and therefore, gov't needed to be circumspective and prudent with inflows from oil proceeds, record high gold prices and again record cocoa prices, as well as increased internal revenue mobilization, but that was not to be.
Naturally, many an investor would not sink his hard earned resources into a country exhibiting such unproductive activities on the finance and economic front, and in this regard, the NDC administration has failed woefully to steer the economy in the right direction and Ghana, is the eventual loser from such ineptness, incompetence, corruption, thievery, plain looting of the national kitty, needless propaganda, lies, deceit, and managerial competence gone awry under the Mills-Mahama-Amissah Arthur administration.
GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

THIS IS WHAT HAPPENS WHEN U BORROW, DONT CREATE JOBS THRU CONSTRUCTION, MAINTENENCE, ETC, DONT COLLECT TAXES, SPEND MORE THAN U MAKE, CORRUPTION EVERYWHERE, DONT PRODUCE VALUE ADDED GOODS FOR EXPORT, SIGN BOGUS CONTRACTS THAT ...
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THIS IS WHAT HAPPENS WHEN U BORROW, DONT CREATE JOBS THRU CONSTRUCTION, MAINTENENCE, ETC, DONT COLLECT TAXES, SPEND MORE THAN U MAKE, CORRUPTION EVERYWHERE, DONT PRODUCE VALUE ADDED GOODS FOR EXPORT, SIGN BOGUS CONTRACTS THAT DONT BENEFIT UR COUNTRY, PRINT MORE MONEY/CEDI NOTES, PUBLIC SECTOR BUSINESSES ARE ILL MANAGED, MIN OF HEALTH WASTS TONS OF MONEY ON MALARIA DRUGS WHEN THEY SHOULD BE PRESSURING REGIONAL GOVTS TO COVER OPEN GUTTERS , OPEN WATER BODIES. SO PPL ARENT SICK N WORK DAYS ARENT LOST...THIS IS COMMON SENSE. IF U DONT TAKE A SHOWER, U WILL STINK
Observer 12 years ago

I checked on Bloomberg. This article is concocted. Shame

I checked on Bloomberg. This article is concocted. Shame
Alhaji Brutus Germany 12 years ago

How can he Excel when he only thinks
of snatching peoples Girls like he did
to me.I mean Vic Hamma.

How can he Excel when he only thinks
of snatching peoples Girls like he did
to me.I mean Vic Hamma.
oversight 12 years ago

We elected our leaders to use our money!

Egypt's current crisis all over again -.-"

We elected our leaders to use our money!

Egypt's current crisis all over again -.-"
Yamus 12 years ago

The supreme court should annul the results and call for new elections in 2-3 months time.

The supreme court should annul the results and call for new elections in 2-3 months time.
Nee Adjei Blebo 12 years ago

I don't think you understand what you have written and its implications!! First, if new elections are to be held who is to organise them? Is it the same Electoral Commission and its Chairman who have been vilified since the a ...
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I don't think you understand what you have written and its implications!! First, if new elections are to be held who is to organise them? Is it the same Electoral Commission and its Chairman who have been vilified since the announcement of the 2012 elections? Surely, there will be a change and the incoming members of the Commission will take some time, which will be more than three months or even a year to be ready for new elections. Furthermore, think of the cost to Ghana and the volatile state of affairs that will lead to the elections. It is my view that no new elections are ordered or, even, the results of the last elections overturned. We should all think first of Ghana and not of individuals and their ambitions.
Joe Black 12 years ago

He is the cause of this and we will all suffer for it, the unfortunate fact it, he already got one foot in the grave.

He is the cause of this and we will all suffer for it, the unfortunate fact it, he already got one foot in the grave.
Rex Imperator-Mensah 12 years ago

All financial analyst have a herd like mentality.

All financial analyst have a herd like mentality.

Justman 12 years ago

CORRUPTION IN ITS EXTREME FORM IS THE CAUSE AND PEOPLE ARE HIDING BEHIND THE ELECTION PETITION TO WRECK HAVOC ON THE ECONOMY. PEOPLE ARE BUSY POCKETING MONEY AND PUTTING THE BLAME ON THE COURT CASE.

CORRUPTION IN ITS EXTREME FORM IS THE CAUSE AND PEOPLE ARE HIDING BEHIND THE ELECTION PETITION TO WRECK HAVOC ON THE ECONOMY. PEOPLE ARE BUSY POCKETING MONEY AND PUTTING THE BLAME ON THE COURT CASE.

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Cedi sinks low

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