Fallen cedi raises fear in real estate industry

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• Kwame 11 years ago

  WHAT A WASTED LEADERSHIP

  WHAT A WASTED LEADERSHIP

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• NICELY 11 years ago

  From Gh2.16 in 2013 to Gh3.03 in 2014 is 71%, not 27%. Be real.

  From Gh2.16 in 2013 to Gh3.03 in 2014 is 71%, not 27%. Be real.

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• YOBO 11 years ago

  QUOTE
  
  "The local currency is down 27 percent against the dollar this year, and its slide has largely defied the extraordinary efforts of the Bank of Ghana (BoG) to stem the decline."
  
  EXTRAORDINARY EFFORTS BY THE. ANK OF ...
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  QUOTE
  
  "The local currency is down 27 percent against the dollar this year, and its slide has largely defied the extraordinary efforts of the Bank of Ghana (BoG) to stem the decline."
  
  EXTRAORDINARY EFFORTS BY THE. ANK OF GHANA? WHAT EXTRAORDINARY EFFORT IS THIS MAN TALKING ABOUT?
  
  THE BANK OF GHANA IS A USELESS "CUT AND PASTE" INSTITUTION WHO MONETARY AND FISCAL POLICIES HAVE NOTHING TO DO WITH PRAGMATIC POLICIES TO STEM THE CONTINUED WORTHLESSNESS OF THE CEDI.

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• They Say They Say 11 years ago

  Make it a prerequisite for future presidents of ghana to people who have worked and lived in US or Europe for at least 5yrs. These people in Ghana don't know how the real world works. They lack the self esteem when it comes t ...
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  Make it a prerequisite for future presidents of ghana to people who have worked and lived in US or Europe for at least 5yrs. These people in Ghana don't know how the real world works. They lack the self esteem when it comes to negotiations with the outside world. They lack common sense, in depth analysis of policy changes and real value of the dollar. Projects that can be built for $1mil in US will cost $10mil in Ghana. I think by getting used to the value of the old cedis they miss the real value of $

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• impromptus 11 years ago

  To NDC economic gurus - Gh is growing because of weak cedi - bonkers

  To NDC economic gurus - Gh is growing because of weak cedi - bonkers

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• impromptus 11 years ago

  Let the blood flow is NDC's mantra. Now the blood is flowing without a gun

  Let the blood flow is NDC's mantra. Now the blood is flowing without a gun

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• STAFFORD 11 years ago

  This industry does not benefit Ghanaian people and society. It is the main cause of the present land disputes and the LANDGUARDS woes. It is backed by foreign investors, evades taxation and messes up the cedi exchange rate e ...
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  This industry does not benefit Ghanaian people and society. It is the main cause of the present land disputes and the LANDGUARDS woes. It is backed by foreign investors, evades taxation and messes up the cedi exchange rate etc, etc. A percntage of our socia-economic and political mess come from this industry. Let's all take a closer look !

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• wali 11 years ago

  BOG ALONG WITH BANKSTERS AND MAHAMA ET ALL ARE BEND ON HELL TO DESTROY GHANA REAL ESTATE INDUSTRY AND ALL OTHER INDUSTRYS HAVE TRAP FALKS TO GET MORTGAGES[HOME LOANS] BASE ON THE DOLLAR KNOWING FULL WELL THAT PEOPLE WILL FAL ...
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  BOG ALONG WITH BANKSTERS AND MAHAMA ET ALL ARE BEND ON HELL TO DESTROY GHANA REAL ESTATE INDUSTRY AND ALL OTHER INDUSTRYS HAVE TRAP FALKS TO GET MORTGAGES[HOME LOANS] BASE ON THE DOLLAR KNOWING FULL WELL THAT PEOPLE WILL FALL BEHIND IN PAYMENTS SO THEY CAN GO AFTER THEIR HOMES AND STEAL IT FROM THEM,TIME TO WAKE UP GHANA

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• wali 11 years ago

  POOR PEOPLE CANT FIGHT BACK AND DEMAND JUSTICE AND CANT CHALLANGE GOVRENMENT FRAUD SO THEY ORCETRATE THE CEDI FALL TO KEEP EVERYONE BROKE AND IN POVERTY

  POOR PEOPLE CANT FIGHT BACK AND DEMAND JUSTICE AND CANT CHALLANGE GOVRENMENT FRAUD SO THEY ORCETRATE THE CEDI FALL TO KEEP EVERYONE BROKE AND IN POVERTY

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• Ekow Yates 11 years ago

  There will soon be a natural correction of property prices in Ghana due to falling cedi and the harsh economic situation.Few people will be buying houses, so the prices will start to fall. This fall will begin in the middle o ...
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  There will soon be a natural correction of property prices in Ghana due to falling cedi and the harsh economic situation.Few people will be buying houses, so the prices will start to fall. This fall will begin in the middle of 2015 and can be as much as 20%.Also newly constructe office buildings will be standing empty as the business climate will deteriorate further.

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