Ghana’s once golden economy plunges to ‘ground zero’

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PRINCE KWASI ADADE (OFIE) 11 years ago

AUTHOR: MR. FIGURE OUT----------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Moulds gu ...
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AUTHOR: MR. FIGURE OUT----------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Moulds guilty of judgement debt payments the only thing he could do was to move her to the Education dept to continue her looting. Readers would recall that Betty Mounds was the one who awarded SCHOOL building contracts at a triple price of the existing contract sum of some GH 80,000.00. And this happened at a time when they claim inflation was in the single digits. Could you imargin how foolish these criminal liars were. Kuffour built similar structures with 80,000 at a time when inflation was around 14.8% and under Mills it was 240,000 at a rate of 8.8%. And these buffoons turn around to blame the fall of the cedi on some mysterious dwarfs. I don't blame those African countries that have been ripped apart by civil unrest because if you have such buffoons in power who always turn our local elections into a West Africa one
by contracting Togolese Trokosis, Burkinabe and Wangaras from La Cote D'ivoire to vote for them, the " Road To Kigare", is sometimes, a likely option to kick their ass from power.
PRINCE KWASI ADADE (OFIE) 11 years ago

MAHAMA AND HIS BUNCH OF CROOKISH INCOMPETENT CORRUPT MONSTERS CAN NEVER DO IT! NO! NOT IN A MILLION YEARS!!! NDC LACK THE BRAINS. JUST LOOK AROUND; CAN'T YOU SEE? JUST OPEN YOUR EARS; CAN'T YOU HEAR? IS THIS THE GHANA K4 HAND ...
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MAHAMA AND HIS BUNCH OF CROOKISH INCOMPETENT CORRUPT MONSTERS CAN NEVER DO IT! NO! NOT IN A MILLION YEARS!!! NDC LACK THE BRAINS. JUST LOOK AROUND; CAN'T YOU SEE? JUST OPEN YOUR EARS; CAN'T YOU HEAR? IS THIS THE GHANA K4 HANDED OVER TO NDC GREEDY CORRUPT BASTARDS??? ---------------WHO CAN PROVE KWASI ADADE WRONG? I AM SAYING, THAT, GHANAIANS VOTED FOOLISHLY!!-- IS THIS NDC'S BETTER GHANA? THEN WHAT WILL THEIR BITTER GHANA BE?--- IF THIS IS NDC'S PRAISE THE LORD, THEN, WHAT WILL THEIR CRUCIFY HIM BE?--- GHANA'S PROBLEM, TODAY, IS NOTHING BUT THE RESULT OF CRIMINAL NDC'S ALLIANCE TO CREATE, LOOT AND SHARE POLICY***---------------*** "IT IS ONLY A FOOL, WHO ALLOWS HIS TESTICLES TO BE STEPPED ON, TWICE"-------GO OUT THERE AND RECEIVE YOUR REWARD, ALL GHANAIANS. GO AND PAY THE PRICE FOR YOUR FOOLISHNESS. YOU DON'T GIVE A SECOND MANDATE TO AN INCOMPETENT AND CORRUPT GOVERNMENT, NO!! NOT AT ALL, THAT IS ABOMINATION IN DEMOCRACY, VERY SUICIDAL. HAD NDC MANAGED THE ECONOMY WELL, THESE ECONOMIC PROBLEMS WOULDN'T HAVE BEEN THE SITUATION. NDC HAS PRESIDED OVER THE BIGGEST RESOURCES GHANA HAS EVER HAD. THEY HAVE ALSO CONTRACTED MORE LOANS THAN ANY OTHER GOVERNMENT IN OUR HISTORY, BUT THEY HAVE NOTHING TO SHOW FOR THIS. GHANAIANS SHOULD HAVE ENJOYED SOME ECONOMIC PROGRESS AT THIS TIME IN OUR HISTORY. THE ECONOMY IS COLLAPSING BECAUSE THE GOVERNMENT IS SO CORRUPT. TO RESCUE THE SITUATION, THE POOR IS NOW BEING FORCED TO PAY. THIS IS INJUSTICE. THIS IS NOT THE GHANA KUFFOUR HANDED OVER TO NDC, HE EVEN ADDED FRESH CRUDE OIL WELLS. NPP TRANFORMED GHANA TO A MIDDLE INCOME ECONOMY WITH LIMITED RESOURCES BUT GOOD POLICIES. NDC IS WOEFULLY REVERSING THESE NPP ACHIEVEMENTS. GHANA'S CURRENT SITUATION IS VERY DISTURBING. WHEN THE HISTORY IS TOLD, IT WILL BE SAID THAT GHANAIANS WERE OFFERED FREE SECONDARY EDUCATION, IMPROVED UNIVERSAL HEALTH CARE, SOCIAL HOUSING FOR THE POOR AND AN EGALITARIAN SOCIETY BUT 50% SAID NO THANK YOU. THEY PREFERRED ECONOMIC "WOYOMISATION" , PHANTOM DEVELOPMENT PROJECTS, PHILANDERERS FOR LEADERS, MACHIAVELLIAN DISRESPECTFUL CORRUPT LOUTS AND A VISIONLESS EVIL GOVERNMENT. I AM SO PROUD I VOTED FOR NANA AKUFFO ADDO.
KOZI AGBE 11 years ago

YOU HAVE SAID IT ALL. IT APPEARS YOU KNOW JOHN DRAMANI MAHAMA VERY WELL. ARE YOU HIS FRIEND? NO COMMENT

YOU HAVE SAID IT ALL. IT APPEARS YOU KNOW JOHN DRAMANI MAHAMA VERY WELL. ARE YOU HIS FRIEND? NO COMMENT
Patience T. Mensah 11 years ago

The next Gov't shd not only execute corrupt pple like Rawlings wife and Wayomy but deep corrupt pple like Tony Luthur who facilitated and influenced these dubious payments

The next Gov't shd not only execute corrupt pple like Rawlings wife and Wayomy but deep corrupt pple like Tony Luthur who facilitated and influenced these dubious payments
insight to the bone 11 years ago

Everybody is complaining bitterly but very few dare speak the truth . We shall never move forward until the undeclared war against the Akans, discrimination of the majority and anti Akan propaganda hate agenda is resolved. ...
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Everybody is complaining bitterly but very few dare speak the truth . We shall never move forward until the undeclared war against the Akans, discrimination of the majority and anti Akan propaganda hate agenda is resolved. One must fight fire with fire , war with war not kisses or playing ignorant to the reality . the northerners , ewes , Muslims and other traitors of the Akan interest are systematically destroying the future of the Akans . There is no democracy or govt of the people and by the people but the slow establishment of the caliphate of pepeni murderers using a system of corrupt govt that makes irrelevant all institutions of state in the form of a Saudi style monarchy of mahama and his brothers . Despite our huge potential and the fact that any true patriotic nationalist govt can definitely turn the economy around in less than 6 months , we are bogged down in this situation of undeclared war of the ayigbe and pepeni mafia who have hijacked all institutes of state . only a bloody revolution will set us free . everything we have predicted over the past few years has come to pass and there is more evil to come until we stand up accept that we are at war and must fight back. Even Obama now realizes this caliphate is a serious threat to mankind's peace and unity . All religions are from God but over time the devil ensures the good is interpreted by the wicked and used to cause harm , the righteous know religion is meant to ensure unity and goodwill amongst men not pain and suffering or discrimination. On one hand we have the mafia ndc killing our people's future and around the corner nana chooses as his closest allies northerners who will continue the agenda of hate , wait for the clarion call for freedom and spare none of these criminals in the political oligarchy of corruption and evil . JJ and his ayigbe criminals started this process and God will continue to punish us with hardships and pestilences if we do not stand up
Npp dwarfs 11 years ago

look at a dwarf taking.But had always complained at k4s time too so dont talk as if we were rich b4.Since i was born Ghana has neva been ok .We always complained so hardship has neva been new.have complained.Things have alway ...
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look at a dwarf taking.But had always complained at k4s time too so dont talk as if we were rich b4.Since i was born Ghana has neva been ok .We always complained so hardship has neva been new.have complained.Things have always in increase,never has it reduced,so its normal.Better ayigbe pepeni than a cocaine dealer.U will get a 2 region in the ellection again.Fantis and brongs will stick with the 6 other regions still.
BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 11 years ago

WHEN YOU HAVE ABOUT 6M ANIMAL GHANAIANS VOTING AND FOR NDC WHAT WOULD ONE EXPECT? TOO MANY UNCIVILIZED! WE NEED TO CUT THEM OUT ELSE WE PERISH

WHEN YOU HAVE ABOUT 6M ANIMAL GHANAIANS VOTING AND FOR NDC WHAT WOULD ONE EXPECT? TOO MANY UNCIVILIZED! WE NEED TO CUT THEM OUT ELSE WE PERISH
CURRENT LEADERS 11 years ago

GHANA IS NOT SADDLED BY DEBTS CREATED AND SQUANDERED BY PAST LEADERS. GHANA'S DEBTS WERE CREATED AND LOOTED BY ITS CURRENT LEADERS. OVER US$20 BILLION LOANS CONTRACTED SINCE 2009, AND ALL GONE WITH NOTHING TO SHOW. THE WAY OU ...
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GHANA IS NOT SADDLED BY DEBTS CREATED AND SQUANDERED BY PAST LEADERS. GHANA'S DEBTS WERE CREATED AND LOOTED BY ITS CURRENT LEADERS. OVER US$20 BILLION LOANS CONTRACTED SINCE 2009, AND ALL GONE WITH NOTHING TO SHOW. THE WAY OUT FOR GHANA IS FOR THE LOOTERS TO RETURN THE LOOT. GHANA DOES NOT QUALIFY FOR A DEBT WRITE-OFF.
BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 11 years ago

I am calling the youths and the good people of Volta Region to be carefully watch the Akan's npp General Secretary Kwabena Agyapong utterances which he strongly linked the deadly EBOLA disease to the Great Volta Region. These ...
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I am calling the youths and the good people of Volta Region to be carefully watch the Akan's npp General Secretary Kwabena Agyapong utterances which he strongly linked the deadly EBOLA disease to the Great Volta Region. These npp can not sleep without pouring an attack on the people of Volta Region.
Npp dwarfs 11 years ago

No body will vote for that npp rat who sniffs cocaine as well.

No body will vote for that npp rat who sniffs cocaine as well.

PREKESE 11 years ago

THIS IS NOT A MATTER OF VOTING FOR NPP OR NOT.NDC HAS DESTROYED EVERYTHING IN GHANA BELIEVE IT OR NOT WE ARE GOING TO VOTE THOSE IDIOTS OUT.THIS DONKEY HAS NOTHING TO OFFER.

THIS IS NOT A MATTER OF VOTING FOR NPP OR NOT.NDC HAS DESTROYED EVERYTHING IN GHANA BELIEVE IT OR NOT WE ARE GOING TO VOTE THOSE IDIOTS OUT.THIS DONKEY HAS NOTHING TO OFFER.
Wiseman 11 years ago

This country is very far from ground zero and will NEVER get there. We are so much blessed and are temporarily afflicted. The doom mongers will soon be put to shame. This government will NEVER fail and the country will triump ...
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This country is very far from ground zero and will NEVER get there. We are so much blessed and are temporarily afflicted. The doom mongers will soon be put to shame. This government will NEVER fail and the country will triumph in the end. Let no one think that he/she's gaining any political advantage by exaggerating the situation to the international community. We will succeed. The Lord God is on our side. Let's keep praying and avoid these unnecessary exaggerations. It's not in anybody's interest to have the government fail. It's not the government of any single party. It's the government of the Republic of Ghana. Ghana WILL PROSPER and will rise once more.
walid 11 years ago

MAHAMA ET AL HAVE INFLECTED PAIN AND MISURY ON ALL GHANA PEOPLE WE ARE SOON GOING TO ALL STARVE TO DEATH UNDER MAHAMA VOODO ECONOMICS SO LETS STOP THE LIES MAN AND START LOOKING AT THE TRUTH OF GHANA WE ARE POOR AND GETTING ...
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MAHAMA ET AL HAVE INFLECTED PAIN AND MISURY ON ALL GHANA PEOPLE WE ARE SOON GOING TO ALL STARVE TO DEATH UNDER MAHAMA VOODO ECONOMICS SO LETS STOP THE LIES MAN AND START LOOKING AT THE TRUTH OF GHANA WE ARE POOR AND GETTING POORER
pap 11 years ago

Don't deceive yourself. The lens you are wearing is tainted in political colours that is preventing you to see reality. Please remove it and see clearly the fate of our dear nation

Don't deceive yourself. The lens you are wearing is tainted in political colours that is preventing you to see reality. Please remove it and see clearly the fate of our dear nation
jj Rawlings 11 years ago

The cedi is on the rocks.????.Who is to be blamed.The sitting government of the ndc.The structural reforms executed by ex President Honorable Kuffour was the right thing for Ghana.Now with this reversal of fortune by ndc gove ...
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The cedi is on the rocks.????.Who is to be blamed.The sitting government of the ndc.The structural reforms executed by ex President Honorable Kuffour was the right thing for Ghana.Now with this reversal of fortune by ndc government will surely destroy the achievement made by kuffour. The brains behind ndc is lacking to tackle and stabilize the currency.With all said and done IMF is not the only way to solve ghana's continue slid of the cedi.Technocrats of economic stabilization are there for the government to seek help from.
TEE 11 years ago

GHANAIANS DID NOT VOTE MAHAMA INTO POWER RATHER MAHAMA PAID BRIBED TO THE SUPREME JUDGES IN GHANA TO MADE HIM A PRESIDENT AND THAT IS THE RESULT PERIOD. NEXT TIME GHANAIANS SHUOLD THINK TWICE IN VOTING IF THEY NEED LIFE CHANG ...
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GHANAIANS DID NOT VOTE MAHAMA INTO POWER RATHER MAHAMA PAID BRIBED TO THE SUPREME JUDGES IN GHANA TO MADE HIM A PRESIDENT AND THAT IS THE RESULT PERIOD. NEXT TIME GHANAIANS SHUOLD THINK TWICE IN VOTING IF THEY NEED LIFE CHANGES DONE
Close Observer 11 years ago

Is useless Fiifi Kwetey reading this report or not? Within a year, our currency has lost 30% of it's value against the dollar. The biggest drop in the world today? What is that useless boy doing in the ministry of Agriculture ...
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Is useless Fiifi Kwetey reading this report or not? Within a year, our currency has lost 30% of it's value against the dollar. The biggest drop in the world today? What is that useless boy doing in the ministry of Agriculture, if he had been so useless at the ministry of finance?
The Mask 11 years ago

Rape cases are on the increase in Ghana. Judges and WAJU of the Ghana police force must do more to protect our society. Some people have become so notorious of raping and getting away with it. Many believe that it is a weapon ...
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Rape cases are on the increase in Ghana. Judges and WAJU of the Ghana police force must do more to protect our society. Some people have become so notorious of raping and getting away with it. Many believe that it is a weapon capable of scarring individuals to the very soul and seize the least opportunity to use it; using it on the families of their political or business competitors. Not even those at the higher echelons of our society must get away with it. It is said that a man paid a student to rape the daughter of his business and political competitor.

The number of court houses and judges in Ghana are inadequate especially in the Eastern Region of Ghana. The population has ballooned and changes have to be made. The same can be said of the number of police officers and the number of penitentiaries. On a visit to a number of court houses around the country I found the Ghana flag and the Ghana Coat of Arms (Seal) absent. This must change.
Akan 11 years ago

Even those who think we have one of our own in power' know the northerner has no clue what he is doing. By the way why should NPP even include one of them even as a deputy. They never used to school themselves. When I listen ...
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Even those who think we have one of our own in power' know the northerner has no clue what he is doing. By the way why should NPP even include one of them even as a deputy. They never used to school themselves. When I listen to Okudzeto I ant to cry. Rawlings put him there. I also heard the inteligence Akrasi Sarpong speaks. Sadness is the summary.
NO NONSENSE TAKER 11 years ago

Pepeni and as well as ayigbe siblings have make our worst day. You talk about pepeni, they say, pepeni's are good. You talk of ayigbe, they say, ayigbe's are clever. I wonder why these combinations could not help them to cont ...
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Pepeni and as well as ayigbe siblings have make our worst day. You talk about pepeni, they say, pepeni's are good. You talk of ayigbe, they say, ayigbe's are clever. I wonder why these combinations could not help them to contribute to a good national management including their own towns? Zongo boys made our day with this binbila president and this binbila president has his "better Ghana agender" mission accomplished. Just like you are born to kill, "pepeni born ayigbe" CANNOT RULE and that is a fact. Ever since of our political systerm these two individual groups have joined hands together to give Ghanaian's headaches, either economic siege or corruption of all kinds. Presidencies should be considered when dealing with these particular individual groups since their gestures of "do before you think" are apprehensively lifeless and profound ramification.

Mike Gizo 11 years ago

Good analysis

Good analysis
UNBELIEVABLE 11 years ago

TOLD YOU (GHANAIANS) MAHAMA CANNOT MANAGE THE ECONOMY

TOLD YOU (GHANAIANS) MAHAMA CANNOT MANAGE THE ECONOMY
PEEPEENI CAN'T RUN ECONOMY 11 years ago

MUCH EASIER TO FUCK-PUSSY THAN RUN ECONOMY

MUCH EASIER TO FUCK-PUSSY THAN RUN ECONOMY
CANNOT RUN ECONOMY 11 years ago

RUNNING ECONOMY MUCH TOUGHER THAN FUCKING-PUSSY MAHAMA

RUNNING ECONOMY MUCH TOUGHER THAN FUCKING-PUSSY MAHAMA
PRINCE KWASI ADADE (OFIE) 11 years ago

WE ALL LOVE PUSSY, BUT RUNNING AN ECONOMY OR COUNTRY IS DIFFERENT. FOOLS CAN'T DO IT. THEY ARE BOUND TO BE EXPOSED!!!!!!!!!!!

WE ALL LOVE PUSSY, BUT RUNNING AN ECONOMY OR COUNTRY IS DIFFERENT. FOOLS CAN'T DO IT. THEY ARE BOUND TO BE EXPOSED!!!!!!!!!!!
Akos 11 years ago

Mismanagement & reckless spending coupled with the constant borrowing is the cause of Ghana's woe. How can debts, which was virtually wipeout few years ago, skyrocket in just 2yrs? It's enough to give Ghanaians heart attack.

Mismanagement & reckless spending coupled with the constant borrowing is the cause of Ghana's woe. How can debts, which was virtually wipeout few years ago, skyrocket in just 2yrs? It's enough to give Ghanaians heart attack.
Tweeaa 11 years ago

My heart is bleeding for mother ghana. Everything Ghanaians worked so hard for is now in the gutters. Politicians must bow their heads in shame.

My heart is bleeding for mother ghana. Everything Ghanaians worked so hard for is now in the gutters. Politicians must bow their heads in shame.
Nana Appiah 11 years ago

What do you mean by Skyrocketed in just two years..?? This reckless foundation was Set by kuffuor and the Npp but unfortunately the Mahama and the NDC including the entire Nation underestimated the damage caused..Why do you t ...
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What do you mean by Skyrocketed in just two years..?? This reckless foundation was Set by kuffuor and the Npp but unfortunately the Mahama and the NDC including the entire Nation underestimated the damage caused..Why do you think Ministry of finance was Set ablaze?? Kuffuor did soo much damage that it will take at least two decades to get out of..This idiot printed soo much currency into the System,Signed reckless deals with investors who will later throw those burdens onto Consumers thus, Ghana Telecom..How did Kuffuor's brother Dr.kwame Addo Kuffuor become a Billionaire all of a sudden?? with Estimated net Worth about $1.2 Billion Dollars when Ghana needs a bail out of about half the amount from IMF ??? "Think People"..Kuffuor, his entire family close and distant, including all persons that work under him should have been investigated and jailed by now...That Is What true Democracy Does..
OSEI TAWIAH 11 years ago

After all this destruction, you are still blaming the Kuffuors. You are a true Trokosi. You only believe in propaganda and lies to solve your problems but that never lasts long. We know Trokosis never give up even when they a ...
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After all this destruction, you are still blaming the Kuffuors. You are a true Trokosi. You only believe in propaganda and lies to solve your problems but that never lasts long. We know Trokosis never give up even when they are deemed completely stupid. JJ and Wayome are good examples. Go ahead and blame Addo Kuffuor. No wonder Ewes can't stay and fix their own Trokosi Volta backyard.
Akos 11 years ago

Go & read Bloomberg & other financial report before calling my post 'nonsense'. Ghana debts in 2005 of $14 billion was cleared as a result of a debt relief but now, this administration have racked up borrowing with nothing to ...
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Go & read Bloomberg & other financial report before calling my post 'nonsense'. Ghana debts in 2005 of $14 billion was cleared as a result of a debt relief but now, this administration have racked up borrowing with nothing to show for it.

Linda 11 years ago

Nana Appiah, it's so much easier to point a finger than take responsibility for your own actions. Blame creates no change & that's the biggest problem with politicians. When they behave badly, they always look to justify for ...
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Nana Appiah, it's so much easier to point a finger than take responsibility for your own actions. Blame creates no change & that's the biggest problem with politicians. When they behave badly, they always look to justify for their downright bad behavior by shifting blame. Mahama has messed up big time and he need to accept his failures and find a way to solve that mess. Yes, Kuffuor was no saint when it came to corruption but he at least, left the presidency with some measure of sanity, we can't say that about Mahama. What legacy would he leave behind other than debts & mismanagements? Tell me one positive attribute or any projects Mahama has created for the nation.
Nii Joromi 11 years ago

Appiah, are you blind? Don't you see how incompetent and corrupt this Mahama government is? People like you vote brain dead idiots into power and still continue to support them as they fail in developing the country.

Appiah, are you blind? Don't you see how incompetent and corrupt this Mahama government is? People like you vote brain dead idiots into power and still continue to support them as they fail in developing the country.
MENSAH. 11 years ago

One of MAHAMA'S LEGACY AND PROJECT IS THIS:

THE TALLEST BUILDING IN AFRICA,LOCATED IN DOWNTOWN BOLIGA TANGA.

One of MAHAMA'S LEGACY AND PROJECT IS THIS:

THE TALLEST BUILDING IN AFRICA,LOCATED IN DOWNTOWN BOLIGA TANGA.
SARPONG 11 years ago

Fool, after the ndc so called unprecedented growth of 14 percent, lowest inflation of 8 percent etc, you ayigbe smelly illiterate fool is grabbing on straws.

After eight years of only eight billion dollars deficit, this At ...
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Fool, after the ndc so called unprecedented growth of 14 percent, lowest inflation of 8 percent etc, you ayigbe smelly illiterate fool is grabbing on straws.

After eight years of only eight billion dollars deficit, this Atongo-trokosi government has increased our debt to 25 billion dollars attracting a yearly interest of 4.7 billion interest yearly and that is 25 percent of our budget.

The idiotic Atongo-trokosi government has printed more than 3 billion cedis into the economy not backed by production or dollars.

The idiotic Atongo-trokosi government enacted stupid banking restrictions that forced the flight of dollars which they reversed a couple of days ago despite being warned at the time of its inception that it will cause that problem.

The idiotic Atongo-trokosi government stupid wrongly implementation of the SSSS policy increased government workers payroll expenses consuming 58 percent of government budget.

Illiterate idiot, go and sit your faggot arse down somewhere and allow intelligent people to have a peaceful discourse.
Whoever 11 years ago

Where did he get that Nana Appiah name from? Was his trokosi mother a maid servant who named her son after her employer?

Where did he get that Nana Appiah name from? Was his trokosi mother a maid servant who named her son after her employer?
Akos 11 years ago

No, an Asante man who was pumping his mother impregnated her but did not accept him.

No, an Asante man who was pumping his mother impregnated her but did not accept him.
Nana Appiah 11 years ago

Useless fool... Self Praised maggot.. Listen to this graduate from Kejetia Vocational Institute, Trying to further his education from GhanaWeb, by picking Ideas from Smart Patrons..Hey Saponkyi, Try to know the difference bet ...
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Useless fool... Self Praised maggot.. Listen to this graduate from Kejetia Vocational Institute, Trying to further his education from GhanaWeb, by picking Ideas from Smart Patrons..Hey Saponkyi, Try to know the difference between BUDGET and GDP.. ABOA calling himself Intelligent..No country pays 25% interest on Debt ever..hahahaha..KWASEA...Typical Certificate Thief..You actually lack CommonSense let alone having some sort of intelligence..DELUSIONAL FOOOL
jOEy lOndOn 11 years ago

Chew a cola and relax!

Chew a cola and relax!
SARPONG 11 years ago

Idiot, Ghana pays that, fool and that is why you are an illiterate who don't even belong here .

Your stupid Atongo-trokosi government signed a contract with China for 3 billion dollars and agreed to pay it in 15 years at a ...
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Idiot, Ghana pays that, fool and that is why you are an illiterate who don't even belong here .

Your stupid Atongo-trokosi government signed a contract with China for 3 billion dollars and agreed to pay it in 15 years at a rate of 13,000 barrels of oil a day for fifteen years at $85 a barrel. At the time this Atongo-trokosi government signed this contract, a barrel of oil was selling at $115 so why did these idiots agree to that stupid terms?

Even if we pay them according to the $85 a barrel, in 15 years Ghana will pay $6.5 billion for the 3 billion loan and if in years the average oil price per barrel stays at $110, we will end up paying over $9 billion so you idiotshould know this AAtongo-trokosi government has signed for some stupid loans with high interest due to the country's B-credit rating.
Nana Appiah 11 years ago

You are still not making Sense as Usual..hahaha. No One Pays 25% interest a year on Debt..You still don't get it Stupid!!! Where are you getting your imaginary Numbers from?? I bet GhanaWeb as Usual..hahahahaha..KWASEA..

You are still not making Sense as Usual..hahaha. No One Pays 25% interest a year on Debt..You still don't get it Stupid!!! Where are you getting your imaginary Numbers from?? I bet GhanaWeb as Usual..hahahahaha..KWASEA..
JH New York 11 years ago

Two different political partys in Ghana is equals = to blame game, jealousy, pull him-down,unfounded allegations etc,instead of prudent economic plans like :Business, Macro Economics-for stability,and Economic Empowerment fo ...
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Two different political partys in Ghana is equals = to blame game, jealousy, pull him-down,unfounded allegations etc,instead of prudent economic plans like :Business, Macro Economics-for stability,and Economic Empowerment for Growth ; Fiscal Policy, Balance of Payment,Financial Sector Reforms for Long Term Investment.That is the way forward. Can you please tell Ghanaians how much the former rulers(clever thieves)before Kuffour are worth ! How about the present proven hard-core Criminals in gov't ! Why are they not pursued and prosecuted; eg : Gyeeda, Sada,CP,African Automobile ,Isofohon, Akomfem,(Woyome),Betty Mould,Barton Oduro,etc etc etc etc !
Politics and leadership is not about propaganda,promises to throw dust in the eyes of the public. Leadership is about plans to propelled your people majority of whom are poor,to the next stage of standards living.To alleviate your people from hunger, providing of basics like healthcare , reliable clean Water, Electricity, housing, Clean Environment,Jobs etc etc. No wonder we find ourselves where we are !
JH New York 11 years ago

Again,leadership is about Common Sense approach to resolve issues. Leadership is not about increasing Petrol prices about 5 times in a year. Leadership is not about increases of School fees and Services to put unbearable fina ...
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Again,leadership is about Common Sense approach to resolve issues. Leadership is not about increasing Petrol prices about 5 times in a year. Leadership is not about increases of School fees and Services to put unbearable financial pressures on your own people to create the survival of the fittest and a life not worth living for majority of the people,in a Country without a single Social Welfare Benefits. A leader should put himself in the shoes of the majority in destitute to feel their hunger and suffering to be humanely to their plight.
Leadership problems in the Country Cried out the beloved motherland.
Yes,African Countries need to be forgiven its debts.Thank you President Obama and the Jubilee Debts Campaign for the suggestion.
Nana Appiah 11 years ago

Not until the root cause of all these problems are tackled once and for all, The Country will always drift into economic chaos..No1. All Government officials should be thoroughly vetted and held responsible should they indulg ...
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Not until the root cause of all these problems are tackled once and for all, The Country will always drift into economic chaos..No1. All Government officials should be thoroughly vetted and held responsible should they indulge in any fraudulent activities Or corruption by minimum of 25yrs to life and all assets Seized..No2.Penalty for Bribery and Corruption in all areas should be curbed by minimum Sentence of 10 to 15 yrs jail time same goes to robbers and...Drug traffickers..This will instill Sanity, before you tackle other economic Sectors like tax evaders, money launderers, etc..There Is no growth without Discipline...Ghana Needs Discipline..
JH New York 11 years ago

Yes,but don't overlook the fact that prudent economic and financial policies and measures for growth and long term Investment are Disciplines. Discipline as you suggest in the cont ...
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Yes,but don't overlook the fact that prudent economic and financial policies and measures for growth and long term Investment are Disciplines. Discipline as you suggest in the context of prosecution for wrong doings was torched by me as "why are proven Corruptions not prosecuted eg Gyeeda,Sada,CP,............." etc.
Anyway.
Nana Appiah 11 years ago

Am not against any investigation that will lead to prosecution...But when the strict laws I suggested are enacted, then all Ghanaians will know that we mean business especially those in public offices...Look at Mozambique" Ze ...
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Am not against any investigation that will lead to prosecution...But when the strict laws I suggested are enacted, then all Ghanaians will know that we mean business especially those in public offices...Look at Mozambique" Zero Tolerance for Corruption"...
JH New York 11 years ago

Ok. The problem is,where is that leader to lead .

Ok. The problem is,where is that leader to lead .
JH New York 11 years ago

Correction:
The question is;where is that person to lead.

Correction:
The question is;where is that person to lead.
Nana Appiah 11 years ago

JH, Its a very difficult One..Unless Animals become humans with Strict Measures Governing them...In a modern Democracy no where in the World would you get away with obvious Corruption..
We Can Achieve that Or find that leade ...
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JH, Its a very difficult One..Unless Animals become humans with Strict Measures Governing them...In a modern Democracy no where in the World would you get away with obvious Corruption..
We Can Achieve that Or find that leader With thorough vetting and strict measures of accountability in Place..
Remove Indemnity Clause 11 years ago

Please do not help any African country because the money will be looted and shared among greedy bastards politicians.

Please do not help any African country because the money will be looted and shared among greedy bastards politicians.
Erasmus 11 years ago

.

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gonja 11 years ago

the Chinese think of blacks worse than monkeys. They will never cancel the debts. We even allow them to take our gold for free and destroy our environment. I think everyone in gh should be taken abroad for about 3 months so t ...
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the Chinese think of blacks worse than monkeys. They will never cancel the debts. We even allow them to take our gold for free and destroy our environment. I think everyone in gh should be taken abroad for about 3 months so they will open their eyes and see properly.
Kwame-Dublin 11 years ago

I said that even if the NDC sell ice water which is free they will still be incompetent and register debt for the country -- now look at what is happening -- the many achievements by NPP has been eroded -- Ghanainas will not ...
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I said that even if the NDC sell ice water which is free they will still be incompetent and register debt for the country -- now look at what is happening -- the many achievements by NPP has been eroded -- Ghanainas will not listen and will vote for the wrong party all the time -- thanks to rawlings
Nana 11 years ago

The first government started with oil revenue and didn't take advantage of it to create jobs, improving citizens living condition and etc. What went wrong?..... Very sad!!!

The first government started with oil revenue and didn't take advantage of it to create jobs, improving citizens living condition and etc. What went wrong?..... Very sad!!!
PRINCE KWASI ADADE (OFIE) 11 years ago

LET US NOT ACCEPT THIS! NO !! NOT AT ALL!!!!! NDC MUST BE PUNISHED! !! OUR LIVES ARE AT STAKE.

LET US NOT ACCEPT THIS! NO !! NOT AT ALL!!!!! NDC MUST BE PUNISHED! !! OUR LIVES ARE AT STAKE.
TEE 11 years ago

IN THE HANDS OF NORTHERNERS EWES-TOGOLESE BANDITS PERIOD

IN THE HANDS OF NORTHERNERS EWES-TOGOLESE BANDITS PERIOD
Meh 11 years ago

Who wrote this article? It contains a number of critical errors. First ghana's main exports are cocoa and gold, not coffee and gold. Second, the debt stock is over 24 billion not million. How can anyone take you seriously whe ...
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Who wrote this article? It contains a number of critical errors. First ghana's main exports are cocoa and gold, not coffee and gold. Second, the debt stock is over 24 billion not million. How can anyone take you seriously when these basic mistakes are made.
Cha 11 years ago

Thank you Meh, I said all along ghanaweb journalists are all jss dropout.

Thank you Meh, I said all along ghanaweb journalists are all jss dropout.
PRINCE KWASI ADADE (OFIE) 11 years ago

MICROSOFT WORD GIVES US OPTIONS, IF ATTENTION IS NOT PAID AS A RESULT OF SPEED, WRONG WORDS ARE REGISTERED.

MICROSOFT WORD GIVES US OPTIONS, IF ATTENTION IS NOT PAID AS A RESULT OF SPEED, WRONG WORDS ARE REGISTERED.
RASMAN !!! 11 years ago

I smell rotten egg during the redenomination exercise and Dr.Bawumia should know a lot about this. He was then deputy governor at Bank of Ghana where most transactions would have passed under his watchful eyes. How much monie ...
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I smell rotten egg during the redenomination exercise and Dr.Bawumia should know a lot about this. He was then deputy governor at Bank of Ghana where most transactions would have passed under his watchful eyes. How much monies were withdrawn and injected into the system? And how much did it cost the country in the whole exercise? There was a window dressing somewhere; I strongly believe that a fictitious creation of money exercise went on among some kingpin at the time. Where I suspect, monies meant for destruction would have been paid into someone’s account before destruction. Since as a country we care less about how people make their monies and by what means they pay huge sums into their accounts. One would wonder how some people within NPP who were living averagely before they came to power in 2001 are so rich beyond their own comprehension. It is this fact which has demand on them to make high sacrifices if they want to be leaders in their party. Just take a careful look at the people who are vying for leadership in their party , scrutinize each of them carefully and question yourself where is their source of income?

The fictitious monies created if withdrawn will create a big loss in the nations payment account. this will however bring untold demand on the government purse for reimbursement. These monies might have been used to purchase shares in the country or abroad.
I will entreat that a special auditors be appointed to investigate all large depositors and withdrawals in Ghana during and after the redenomination exercise and get those people to explain the meaning of such transactions.
Yaa 11 years ago

Still blaming NPP after almost 10yrs since they left office? Why can't some of you people use your Godgiving brains to reason & accept the fact that this administration is a total failure & the only way to move forward is to ...
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Still blaming NPP after almost 10yrs since they left office? Why can't some of you people use your Godgiving brains to reason & accept the fact that this administration is a total failure & the only way to move forward is to stop the blame game & start performing as leaders.
Hayford 11 years ago

Stupid tanii not accepting the fact that tanii Mahama has messed up.

First it was dwarfs

Tall buildings

The end of times

SSSS policy

Now it is the redenomination

Fool, go and tell that to ndc fool soldiers b ...
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Stupid tanii not accepting the fact that tanii Mahama has messed up.

First it was dwarfs

Tall buildings

The end of times

SSSS policy

Now it is the redenomination

Fool, go and tell that to ndc fool soldiers because we know better.
Tibaa 11 years ago

Ghana should bow down its head in shame.
DISGUSTING!

Ghana should bow down its head in shame.
DISGUSTING!
kwame peasah darkwah nyc 11 years ago

GHANA WE TOLD YOU GUYS ABOUT N. D .C NOW THIS IS WHERE WE ARE NOW

GHANA WE TOLD YOU GUYS ABOUT N. D .C NOW THIS IS WHERE WE ARE NOW
Bone Shaker - BS 11 years ago

People it is not wrong to take a loan,however,it is very wrong to take loans and watch the money get stolen.
This is what is taking place in Ghana with this NDC administration.
During the NPP administration, Ghana had no oi ...
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People it is not wrong to take a loan,however,it is very wrong to take loans and watch the money get stolen.
This is what is taking place in Ghana with this NDC administration.
During the NPP administration, Ghana had no oil money but they were able to accomplish much more, and all of Ghana can atest to this.
The NDC have been in power for six years since they took over from the NPP see where Mahama has taken us, and they have even oil money to boot.
One would not have to be rocket scientist to know that comparing the NPP to the NDC is like comparing oranges with papaya.
They can get all the money they seek from the IMF, but until they stop corruption, it will be to no avail.
If just one person can manage to milk the state coffers a whopping over fifty million dollars, just think how many millions can be stolen by GYEEDA,SEDA,SUBAH etc?
Today NHIS established by the NPP is all but broken.
I do even hear about the school feeding program established by the NPP to make sure our school children will at be sure of a meal a day.
The NDC has been a failure, I think most Ghanaians will recall the late vice president Aliu Mahama himself cleaning the streets of Accra as an example to all of us that if he can do it so can all of us, but today can you think that even Vanderpuije will do anything like that?
Today Accra is complaining of filth, Cholera and maybe ebola,why is that?
Stop corruption by government and Ghana will not have pile huge debts on our youth to place them behind the eight ball against the rest of the world. Why Mahama what has Ghana done to deserve this?
It would have been better if Mahama moved out of the way and allow some competent NDC person to rule. Ghana needs a leader, and not a talker.
Titi 11 years ago

Great comment, Bone Shaker. I remember the world over praising our nation for its good governance & companies were so eager to invest in our booming economy. Now it's all gone, thanks to this very corrupt and incompetent gove ...
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Great comment, Bone Shaker. I remember the world over praising our nation for its good governance & companies were so eager to invest in our booming economy. Now it's all gone, thanks to this very corrupt and incompetent government.
gonja 11 years ago

bone shaker, tell me what is thee wisdom in taking a loan for consumption? how are you going to repay it????????. what would you do after that loan is spent. eg will you take another loan to keep on buying sanitary pads as ok ...
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bone shaker, tell me what is thee wisdom in taking a loan for consumption? how are you going to repay it????????. what would you do after that loan is spent. eg will you take another loan to keep on buying sanitary pads as okudzeto cleverly thought about???????
BOY KOFI 11 years ago

Ghana has never had any golden economy except you do not understand geopolitics and geostrategy.We are not masters of our own economy that is where really have to look at.Nigeria produces millions barrels of oil per day, now ...
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Ghana has never had any golden economy except you do not understand geopolitics and geostrategy.We are not masters of our own economy that is where really have to look at.Nigeria produces millions barrels of oil per day, now tell me why Nigerians are hustling in Ghana and elsewhere?Ghana is producing and exporting more than many Francophone countries, so why is it that their currency CFA is always stable? These are some of the questions we should be asking ourselves because Ghana is not an island.We must broaden our horizon if we want sustainable solution.It does not make any sense to limit what is happening in Ghana as a unique situation in the world, that's totally absurd.Thank you.
Bone Shaker - BS 11 years ago

BOY KOFI you are correct that Ghana is not an island.I also know that Ghana's economy is part and parcel with the global economy, but what Ghana needs to address is home grown, and it is corruption.
Stop Woyome type of peopl ...
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BOY KOFI you are correct that Ghana is not an island.I also know that Ghana's economy is part and parcel with the global economy, but what Ghana needs to address is home grown, and it is corruption.
Stop Woyome type of people, stop institutions created just to steal state's money such GYEEDA,SUBAH,SADA ETC. If we do not stop these then even one hundred billion from the IMF will a drop in our pocket with nothing show for.
Kofi 11 years ago

Where were you when just 2-3 years ago, Ghana was said to have the world's fastest growing economy?

Where were you when just 2-3 years ago, Ghana was said to have the world's fastest growing economy?
OP 11 years ago

It all started when the NDC started borrowing frantically as though there was no tomorrow. The sad thing is all the money borrowed was either stolen or showering cars on the stupid institution called house of chiefs whose tee ...
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It all started when the NDC started borrowing frantically as though there was no tomorrow. The sad thing is all the money borrowed was either stolen or showering cars on the stupid institution called house of chiefs whose teeth are rotten and laptops for party loyalists. This is insane to say the least.
Patriot 11 years ago

The IMF must insist on how we reached this level of indebtedness and what is there to show for it. This will stymie any future attempts to misappropriate government funds. In the meantime, what is the wisdom in giving grants ...
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The IMF must insist on how we reached this level of indebtedness and what is there to show for it. This will stymie any future attempts to misappropriate government funds. In the meantime, what is the wisdom in giving grants instead of loans. If loans are directed into personal bank accounts grants would easily be channeled into other places. It is a bad policy direction. You do not test a cat with a juicy meat.
The nationalist 11 years ago

WHEN WE DONT PRODUCE BUT RELY ON FOREIGN GOODS FOR OUR DAILY BREAD. THIS IS WHAT HAPPENS. GHANAAINS PLEASE LETS ADVICE OURSELVES.

WHEN WE DONT PRODUCE BUT RELY ON FOREIGN GOODS FOR OUR DAILY BREAD. THIS IS WHAT HAPPENS. GHANAAINS PLEASE LETS ADVICE OURSELVES.
MUSA NR 11 years ago

MAHAMA START TO WRITE YOUR HANDOVER

MAHAMA START TO WRITE YOUR HANDOVER
Kanawu 11 years ago

Is this the future Ghana our ancestors laid their lives for? If there is truly a HELL I wish to apply to be an assistant to cater for only Ghanaians.

Is this the future Ghana our ancestors laid their lives for? If there is truly a HELL I wish to apply to be an assistant to cater for only Ghanaians.
Bob 11 years ago

Ghana does not need debt cancellation, we need prudent men to govern.

Ghana does not need debt cancellation, we need prudent men to govern.
Kwame VS Kofi 11 years ago

Africa has received !! trillions of $ !! in the past 50 Years! The money is gone and so will the next credit -or bailout! After taking loans or gifts from International donors or Banks, they don`t wan`t to hear anything about ...
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Africa has received !! trillions of $ !! in the past 50 Years! The money is gone and so will the next credit -or bailout! After taking loans or gifts from International donors or Banks, they don`t wan`t to hear anything about what to do with the money. After taking foreign bail out`s they call themselves indepmendent or souvereign!! Let them be hunted down by their starving voters. NO BAILOUT THIS TIME!
Danso 11 years ago

When you build on sand, anticipate unseen oil revenues and increase salaries of even non-productive workers, 'the golden economy' will be an illusion! Our problems come from a greedy work force that has no spirit of sacrifice ...
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When you build on sand, anticipate unseen oil revenues and increase salaries of even non-productive workers, 'the golden economy' will be an illusion! Our problems come from a greedy work force that has no spirit of sacrifice or patriotism! Of course, they are not inspired to sacrifice when hey see corrupt politicians taking it easy in parliament with heavy pay checks and unmonitored development grants!
Mallam Tula-2 11 years ago

MASSA: AS FAR AS I AM CONCERNED ALL OUR CREDITORS SHOULD FOLLOW THE SIMPLE EXAMPLE OF CHINA : GHANA SHOULD BE MADE TO PAY EVERY PENNY OF THEIR DEBT TO ALL OUR DEBTORS BECAUSE THE SCALE OF POVERTY IN CHINA IF YOU HAVE SEEN IT ...
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MASSA: AS FAR AS I AM CONCERNED ALL OUR CREDITORS SHOULD FOLLOW THE SIMPLE EXAMPLE OF CHINA : GHANA SHOULD BE MADE TO PAY EVERY PENNY OF THEIR DEBT TO ALL OUR DEBTORS BECAUSE THE SCALE OF POVERTY IN CHINA IF YOU HAVE SEEN IT WILL GIVE THE SHIVERS : WHY SHOULD CREDITORS WRITE OFF DEBTS FOR GHANA : WHILST INDIVIDUALS LIKE THESE POLITICIANS WILL THROUGH THEIR MISMANAGEMENT DELIBERATELY COME AND MESS UP THE ECONOMY HOPING THAT ONE DAY THE DEBT WILL BE WRITTEN OFF ; NO WAY !!!!!!!!!!
Akadu Mensema 11 years ago

Don't cancel debts. Let Ghanaians demand acountabiulity from their leaders!

Don't cancel debts. Let Ghanaians demand acountabiulity from their leaders!
Obournana 11 years ago

There you are Akadu. When Kuffour took Ghana to HIPC and other loan facilities, did you ever wonder where all those monies went? Have you asked just a single job created by NPP during their 8 years despite the debt relief? Sh ...
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There you are Akadu. When Kuffour took Ghana to HIPC and other loan facilities, did you ever wonder where all those monies went? Have you asked just a single job created by NPP during their 8 years despite the debt relief? Shine your eyes and stop just doing the dirty job for them. Majority of Ghanaians know what goes on in the country so the few that come to Ghanaweb don't matter. This is why NPP lost and they keep crying like babies. It will happen again in 2016 and your party will disintegrate like a vehicle windshield that have no plastic in it.
K Man 11 years ago

The country is going down the toilet and yet still playing party politics. I see that party comes before country for you. You keep supporting NDC while the country burns...but I guess it's ok just as long as NPP is out or NDC ...
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The country is going down the toilet and yet still playing party politics. I see that party comes before country for you. You keep supporting NDC while the country burns...but I guess it's ok just as long as NPP is out or NDC is in.

Stupid!! Ghana is more than NDC and NPP!!!!!!!!!!!
Kevin Prince 11 years ago

You stubborn fools still support this party that has destroyed our beloved country. I still don't understand how people can choose to be behind the corruption that this political party has brought upon us and the unraveling o ...
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You stubborn fools still support this party that has destroyed our beloved country. I still don't understand how people can choose to be behind the corruption that this political party has brought upon us and the unraveling of this once great nation. WAKE UP IDIOTS AND STOP SUPPORTING THIS PARTY OF THIEVES
Mick 11 years ago

NPP wish with problem they will come to power, every day economy this economy that as if there were no any economy problems in Ghana before. Don't forget that NPP sold Ghanatelecom to pay salaries.

NPP wish with problem they will come to power, every day economy this economy that as if there were no any economy problems in Ghana before. Don't forget that NPP sold Ghanatelecom to pay salaries.
JOW 11 years ago

Should we rather support the more stupid party (NPP) that overthrew Dr Kwame Nkrumah and all his development plans for Ghana?

NPP is doing every evil thing they can to damage the economy and make the ruling government unpo ...
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Should we rather support the more stupid party (NPP) that overthrew Dr Kwame Nkrumah and all his development plans for Ghana?

NPP is doing every evil thing they can to damage the economy and make the ruling government unpopular.

Mark it down, you will lose again in the next election!
Kofi 11 years ago

Does NPP control the economy? Keep blaming NPP while the economy keeps collapsing. The people will rise and chase you when they are pushed too much to the corner!

Does NPP control the economy? Keep blaming NPP while the economy keeps collapsing. The people will rise and chase you when they are pushed too much to the corner!
Kofi 11 years ago

If you put all the resources on earth in the hands of incompetent people, they will still be mismanaged. That is the lesson I hope, Ghana learns. If you give all your wealth to people who have no track record of work, people ...
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If you put all the resources on earth in the hands of incompetent people, they will still be mismanaged. That is the lesson I hope, Ghana learns. If you give all your wealth to people who have no track record of work, people who are mere start-ups with no work experience, people who have earned nothing on their own, know that your wealth will be stolen.
ADAMU 11 years ago

THE KWASIA, Finance Minister Seth Terkper, in his recent mid-year budget review, cited falling prices for coffee and gold and rising debt obligations.

If gold and cocoa prices are falling on the global market, what do you ...
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THE KWASIA, Finance Minister Seth Terkper, in his recent mid-year budget review, cited falling prices for coffee and gold and rising debt obligations.

If gold and cocoa prices are falling on the global market, what do you do to stay afloat?

Commonsense economics tells you to diversify your export revenue potentials.

In other words, you retrofit and expand your fucking Tema oil refinery to save the massive cost of imports of Ghana's petroleum products refined by others.

You also have to reduce thoughtless borrowing and reduce public profligate spending on 4x4 8-cylinder vehicle allocations to senior government officials, and stop their free fuel allocations. Simply put, you literally have to cut your fucking coat according to your size.
George Eshun, NY, USA 11 years ago

How long are we going to export raw materials? Is it not about time the squanded monies are used for industrial establishments to creat jobs for the people and export finished poduts to stabalized our cedi? Is there no brave ...
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How long are we going to export raw materials? Is it not about time the squanded monies are used for industrial establishments to creat jobs for the people and export finished poduts to stabalized our cedi? Is there no brave sensible, capable and honest men to run this small overblessed country of ours? God have mercy.
Sule 11 years ago

If they had any intelligent persons within that party, they would have come to the rescue of Mahama by replacing him with one who was capable of managing the affairs of our country and turning the fortunes of Ghana around! Th ...
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If they had any intelligent persons within that party, they would have come to the rescue of Mahama by replacing him with one who was capable of managing the affairs of our country and turning the fortunes of Ghana around! They simply don't have the men!
Araba 11 years ago

I couldn't agree with you more Sule! The ndc should do the country and itsel a favour by replacing John Mahama. When the conservatives were faced with a similar leadership challenge, they dumped Margaret Thatcher for a new l ...
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I couldn't agree with you more Sule! The ndc should do the country and itsel a favour by replacing John Mahama. When the conservatives were faced with a similar leadership challenge, they dumped Margaret Thatcher for a new leader in 1990.
Joe 11 years ago

If it was Bawumiah who has said this, the hawks in NDC, who do not know anything economics, would have held his throat. Now let NDC refute what is this story by Reuters. If things are going on well, why going to IMF? Our oi ...
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If it was Bawumiah who has said this, the hawks in NDC, who do not know anything economics, would have held his throat. Now let NDC refute what is this story by Reuters. If things are going on well, why going to IMF? Our oil has been mortgaged to the Chinese and they still want more. What kind of an INCOMPETEN GOVERNEMNT is this? A government full of inexperienced ministers and deputy ministers as Spio Garbrah called Team B is ruling the nation. Ministers and their deputies who fit only to be just "serial callers" and "go for boys" are in government, what do you expect? Corruption going on unabated and nothing is said about it. I have no sympathy for Ghanaians because although I knew NDC did not win the 2012 elections, yet some people still supported them when the issue was taken to court and with the aid of Atubuga and others, we have this INCOMPETENT GOVENMENT on our hands. I hope Ghanaians will learn from this next time. A word to the wise is Ghanaians.
MUMU VOTERS 11 years ago

NDC TEAM C

NDC TEAM C
Ghanaman 11 years ago

I agree, Team Z. All they know is how to rig elections and get power. Once they get the power they don't know what to do with it.

I agree, Team Z. All they know is how to rig elections and get power. Once they get the power they don't know what to do with it.
MUMU VOTERS 11 years ago

Most useless Prez.

Most useless Prez.
JOW 11 years ago

Should we rather support the more stupid party (NPP) that overthrew Dr Kwame Nkrumah and all his development plans for Ghana?

NPP is doing every evil thing they can to damage the economy and make the ruling government unpo ...
read full comment

Should we rather support the more stupid party (NPP) that overthrew Dr Kwame Nkrumah and all his development plans for Ghana?

NPP is doing every evil thing they can to damage the economy and make the ruling government unpopular.

Mark it down, you will lose again in the next election!
Thessa 11 years ago

Two words to describe you, SHALLOW BRAIN

Two words to describe you, SHALLOW BRAIN
K Man 11 years ago

Wow,the stupidity and denial is breathtaking.....NDC must give you and your family chop money or you're a government stooge.

Wow,the stupidity and denial is breathtaking.....NDC must give you and your family chop money or you're a government stooge.
jojo williams 11 years ago

Mahama has messed the economy with oil. Imagine how bad he would have performed without oil! And he has nothing to show for all the misspent money!

Mahama has messed the economy with oil. Imagine how bad he would have performed without oil! And he has nothing to show for all the misspent money!
Tweaa 11 years ago

NDC came in power when the economy was booming & rather than making sure they stay on the right track, they first bought a presidential jet. That was the start of more mismanagement of funds.

NDC came in power when the economy was booming & rather than making sure they stay on the right track, they first bought a presidential jet. That was the start of more mismanagement of funds.
OP 11 years ago

When you stupid unscrupulous kings accepting free cars after selling all the lands, what else would you expect.

When you stupid unscrupulous kings accepting free cars after selling all the lands, what else would you expect.
PAAPA 11 years ago

I WATCHED ANAS AREMEYAW VIDEO ON YOUTUBE I ALMOST CRY. SEE HOW MUCH VODAFON,AIRTEL GOLDEN HOTEL ETC ARE OWING AND THE AGENTS COLLECT BRIBES FROM THEM AND YOU BLAME POLITICIANS.CIVIL SERVANTS ARE CORRUPT THAN ANY GOVT IN GHANA

I WATCHED ANAS AREMEYAW VIDEO ON YOUTUBE I ALMOST CRY. SEE HOW MUCH VODAFON,AIRTEL GOLDEN HOTEL ETC ARE OWING AND THE AGENTS COLLECT BRIBES FROM THEM AND YOU BLAME POLITICIANS.CIVIL SERVANTS ARE CORRUPT THAN ANY GOVT IN GHANA
kyekyedru atumpam 11 years ago

Ghanaians are the most jealous, hateful evil people I have seen in my life. Being born in the USA, where education is free if you work hard, is better than evil ghana any day.

Ghanaians are the most jealous, hateful evil people I have seen in my life. Being born in the USA, where education is free if you work hard, is better than evil ghana any day.
Fabs 11 years ago

So why are you concerned so much that you came onto this site. Your point is general and has no bearing.

Lots of people could argue to feel sorry that you're a brainwashed American...probably living a slob life,ignorant of ...
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So why are you concerned so much that you came onto this site. Your point is general and has no bearing.

Lots of people could argue to feel sorry that you're a brainwashed American...probably living a slob life,ignorant of the world. Go USA...not!

Love from London
Go-go 11 years ago

Don't mind that idiot pretending to be american. Notice the name?

Don't mind that idiot pretending to be american. Notice the name?
Fabs 11 years ago

It's true....give some Ghanaians a foreign passport and watch them lose their identity.

It's true....give some Ghanaians a foreign passport and watch them lose their identity.
Queen 11 years ago

And I'm glad you're not a Ghanaian cuz your childish description of Ghanaians are baseless & unwarranted. I guess you've met the entire population of Ghanaians for you to spew such rubbish.

And I'm glad you're not a Ghanaian cuz your childish description of Ghanaians are baseless & unwarranted. I guess you've met the entire population of Ghanaians for you to spew such rubbish.
kyekyedru atumpam 11 years ago

What is so good about Ghana. They cannot even sustain a stable economy. They hate each other due to tribalism. They hate people who know how to make money. They claim Chirtianity, but are not christ like. These people are evi ...
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What is so good about Ghana. They cannot even sustain a stable economy. They hate each other due to tribalism. They hate people who know how to make money. They claim Chirtianity, but are not christ like. These people are evil. I am better of in the USA.
QM2 11 years ago

BOOKS ALL CONCERNED GHANAIANS MUST READ "A Game as Old as Empire – The Secret World of Economic Hit Men and the Web of Global Corruption" edited by Steven Hiatt

In A Game as Old as Empire, Editor Steven Hiatt has co ...
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BOOKS ALL CONCERNED GHANAIANS MUST READ "A Game as Old as Empire – The Secret World of Economic Hit Men and the Web of Global Corruption" edited by Steven Hiatt

In A Game as Old as Empire, Editor Steven Hiatt has compiled twelve essays from muckraking journalists, activists and former global bankers who reveal the darkened underbelly of corporate globalism.

A Game as Old as Empire is a follow up to Confessions of an Economic Hit Man, written by John Perkins, a former banker who destroyed the economies of many debt-ridden third world nations by converting the debt into profits for the corporate and political elite. Critics lambasted Perkins’ sole account of his actions, demanding proof that such dirty machinations actually took place. Empire is a chilling account of the abusive fraud perpetrated in the cryptic world of international finance, and the thin tightropes of legality bankers balance themselves upon.

Hiatt and author Lucy Komisar navigate the murky waters that insulated the Bank of Credit and Commerce International (BCCI), and the policies which caused it to be shut down after its directors committed the largest bank fraud in history – some fifteen billion dollars squandered or stolen. Christian relief worker Kathleen Kern recounts the heinous wars that have killed more than four million people in the Republic of Congo over mines producing coltan, a vital component to making semiconductors that operate laptop computers and cell phones. Environmental and social justice activist Greg Muttitt uncovers a little known Western foundation, the International Tax and Investment Center, which is forcing Iraq into oil production sharing agreements which will lead to hundreds of billions of dollars in lost revenues for Iraq, while funneling enormous profits to foreign companies through the use of offshore bank accounts. Journalist, economist and lawyer James S. Henry exposes the heavy strings attached to debt relief loans that have led to the closing of hospitals and schools, bankrupted local businesses, and created high unemployment for miniscule relief that hardly cover debtor nations’ needs. These and the other chapters provide compelling evidence of how world trade is devastating the environment, finances and the people of the third world for the sake of financial piracy.

While Empire is extremely well written, the contents won’t come as a surprise to anyone familiar with the game of global debt financing. The book serves as a primer for those unaware of the lugubrious deals heads-of-state make with Western entities in order to grease the palms of their benefactors and filling their own coffers with borrowed funds. Each author recounts instances in which dictators as diverse as Zaire’s Mubuto Sese Soko, Iraq’s Saddam Hussein and Chilean strongman Augusto Pinochet divvied up profits while bankers turned a blind eye to the sacking of third world economies. However, even those with expert knowledge of global financial hijinks will find Hiatt and the authors succinct in their interpretations of these barbarous fiscal abuses – in a world with decreasing resources and governmental infrastructures unprepared to handle inevitable growth.
DDKT 11 years ago

Why do ghanaians allow themselves to be decieve by npp nd ndc. even after the IMF programmee was completed under kuffuor the cedi continued to depreciate under his regime. what reasonable mañner of person would think kuffuor ...
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Why do ghanaians allow themselves to be decieve by npp nd ndc. even after the IMF programmee was completed under kuffuor the cedi continued to depreciate under his regime. what reasonable mañner of person would think kuffuor did anything special. ghanaians are not only lazy but have short memory
Say What? 11 years ago

"The Battle of Bretton Woods" by Benn Steil is another must-read for Ghanaians if they will rather just read intead of engaging in tribal politics in this modern internet driven age. There are supposedly PhD holders resident ...
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"The Battle of Bretton Woods" by Benn Steil is another must-read for Ghanaians if they will rather just read intead of engaging in tribal politics in this modern internet driven age. There are supposedly PhD holders resident in the USA (of all places) claiming "African Studies" their areas of specialization who are only capable of venomous partisan and tribal invectives on this forum instead of engaging in constructive discussion about moving the country forward.
Here are a few reviews of the book:

"An informed citizenry includes an understanding of our economy and how it is integrated into the global financial system. For this, it is important to start from the . . . discussions that occurred among 44 nations in the idyllic and calm resort at Bretton Woods, N.H., in 1944. [Benn Steil's] new book details not only the meeting but the deep arguments between the British economist John Maynard Keynes and [American Treasury official] Harry Dexter White . . . This is a serious book of political economic history."
--Cmdr. Youssef Aboul-Enein, DCMilitary

"Benn Steil's remarkable book . . . is an account of how the IMF first came to be, back in the sleepy New Hampshire summer of 1944. . . . The Battle of Bretton Woods is an essential volume in any understanding of John Maynard Keynes, who though now seven decades gone is as influential a mind as we may yet see in the twenty-first century."
--Brian Domitrovic, Library of Law and Liberty

"[A] splendid book . . . If you want to understand the gold standard, the always-doomed dollar standard, why the IMF is in Washington, how the US deliberately humiliated Britain over debt before, during and after WWII as part of a very real currency war (but also out of genuine anti-colonial sentiment that the British never understood), this is the book for you . . . Every year publishers come out with a couple of purportedly serious books on FX, some by VIPs, and I read them all. This is the only one since Paul Volcker's Changing Fortunes in 1979 that is worth the price. It is non-partisan, well-written, thorough, and chock-full of the historical perspective that can so easily and so often get lost in the hurly-burly of the daily market."
--Barbara Rockefeller, Harriman Intelligence
kyekyedru atumpam 11 years ago

Abolish and Demolish the country.

Abolish and Demolish the country.
DDKT 11 years ago

Wat legacy did kuffuor leave behind? he litteraly double the countries dept after completing the IMF programmee. didn't he left behind arrears that were never paid. didn't he dubiously shove down with the help of IMF "a lower ...
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Wat legacy did kuffuor leave behind? he litteraly double the countries dept after completing the IMF programmee. didn't he left behind arrears that were never paid. didn't he dubiously shove down with the help of IMF "a lower middle status". didn't he use the currençy redenomination as a cover up to loot us. the legacy he left behind is that he started the moral nd economic decay of dis country
PREKESE 11 years ago

KWASEA STOP THE NOISE AND GO BACK TO SCHOOL DO YOU UNDERSTAND WHAT YOU HAVE WRITTEN OFUI!.DID YOUR IDIOT MAHAMAH KNOWS THAT WHEN HE WAS BRAGGING OVER THE ECONOMY DURING THE ELECTIONS ERA?.

KWASEA STOP THE NOISE AND GO BACK TO SCHOOL DO YOU UNDERSTAND WHAT YOU HAVE WRITTEN OFUI!.DID YOUR IDIOT MAHAMAH KNOWS THAT WHEN HE WAS BRAGGING OVER THE ECONOMY DURING THE ELECTIONS ERA?.
sam 11 years ago

It amazes me how we blame the govt for everything that goes wrong. Is it the govt that throws rubbish indiscriminately,? is it the govt that drives around with complete disregard for the law. Is it the govt that makes us all ...
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It amazes me how we blame the govt for everything that goes wrong. Is it the govt that throws rubbish indiscriminately,? is it the govt that drives around with complete disregard for the law. Is it the govt that makes us all late for work ? is it the govt that ask us to take those bribes in our offices?
When Ghana was made a middle income nation we were happy did we know it came with reduction of donar support ? when we had the oil we were happy but did we know it was going to put tremendous pressure on the cedi with all the heavy infrastructure development it needed ? Yes as a nation we did not plan for all that and so we are paying for it now.
ENGLISH IS NOT HELPING GHANA 11 years ago

I DIDN'T RECEIVE A DIME OR PENNY FROM LOOT AND SHARE , ASIEDU NKETIAH , WOYOME , AND PRESIDENT BROTHERS & FAMILY ARE FUCKING RICH BEYOUNG THE RICHEST IN IDIOT GHANA .

I DIDN'T RECEIVE A DIME OR PENNY FROM LOOT AND SHARE , ASIEDU NKETIAH , WOYOME , AND PRESIDENT BROTHERS & FAMILY ARE FUCKING RICH BEYOUNG THE RICHEST IN IDIOT GHANA .
mensah seattle, wa 11 years ago

its all propaghd, here we go again in soon no time politices is going to overrtake every aspect of live in ghana, politicians scarly people with their negatives tatics, paying off some known media to publicise fear into the e ...
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its all propaghd, here we go again in soon no time politices is going to overrtake every aspect of live in ghana, politicians scarly people with their negatives tatics, paying off some known media to publicise fear into the economy. those who want it so much, here they are again
Obi 11 years ago

NDC is a punishment to Ghanaians, what else. But Ghanaians continue to vote for them until they suck the nation dry.

NDC is a punishment to Ghanaians, what else. But Ghanaians continue to vote for them until they suck the nation dry.
akobeah usa 11 years ago

some ghanaians will still vote for the
thieves ndc

some ghanaians will still vote for the
thieves ndc
walid 11 years ago

that is why Ghana is going backward yes you are right falks will elect ndc losers again

that is why Ghana is going backward yes you are right falks will elect ndc losers again
Yaa Adoma 11 years ago

Ghana's been ran aground thanks to ndc gangs

Ghana's been ran aground thanks to ndc gangs
Nana Kwesi Mensah 11 years ago

NDC came with Rawlings and Most of Our Factories and Industries got Wiped Out as He Sold them all to the Level that Even His Wife Got one of the Best to Buy......Where would the Youth Find Employment Now....? It used to be V ...
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NDC came with Rawlings and Most of Our Factories and Industries got Wiped Out as He Sold them all to the Level that Even His Wife Got one of the Best to Buy......Where would the Youth Find Employment Now....? It used to be Vacation Employment During the Long Vacation.....He Shouldn't have Come in anyway.....Now NDC is again in Power What Good can they Provide for Us.....?....
DOOBIA 11 years ago

With my almost 50yrs in Ghana, I cannot remember when the economy was golden. Is it when prez Kufuor with Bowl-in-hand declared the country hipc to get free money or when prez Bush gave us the MCA (MiDA) money? Can these unsu ...
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With my almost 50yrs in Ghana, I cannot remember when the economy was golden. Is it when prez Kufuor with Bowl-in-hand declared the country hipc to get free money or when prez Bush gave us the MCA (MiDA) money? Can these unsustainable generosities be described as an economic achievement? I do not where this Dr Llod Amoah was trained but I think he is either unethical and dishonest academic or a fake one.
yiddana@yahoo.com 11 years ago

Africa must be managed by people who know what they are doing. Sad but real, many leaders in Africa have no idea running a country is like running a business with lots of social expectations.

Africa must be managed by people who know what they are doing. Sad but real, many leaders in Africa have no idea running a country is like running a business with lots of social expectations.
Kwakuba 11 years ago

Ghana's once golden economy plunges to ground zero

Ghana's once golden economy plunges to ground zero

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Ghana’s once golden economy plunges to ‘ground zero’

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