‘Blame Journalists for collapse of micro finance companies’

Read Comments Comments (9)

• Annor 11 years ago

  Don't blame it on the media.

  Don't blame it on the media.

  reply
• DAN 11 years ago

  if the loans are not bad (to mahama's brother) then the Bank of Ghana (as a federal reserve bank) should cover the run..if safe to do so...

  if the loans are not bad (to mahama's brother) then the Bank of Ghana (as a federal reserve bank) should cover the run..if safe to do so...

  reply
• Kwake NYU 11 years ago

  Its no fault of the medial for the collapse rather blame yourselves for the greed attitude. You take such high interest rate on petty loans what do you expect..just ripping people off. When a fool realises his mistakes it bec ...
  read full comment

  Its no fault of the medial for the collapse rather blame yourselves for the greed attitude. You take such high interest rate on petty loans what do you expect..just ripping people off. When a fool realises his mistakes it becomes a done deal. Foolish people taking advantage of good people trying to make ends means.

  reply
• mark 11 years ago

  Kwake or what ever u call yrself yr comment is highly difficient of sensibility. It is sad that because of perhaps lack of proper education in finance, u dont knw that interest rates on loans depend on the cost of borrowing. ...
  read full comment

  Kwake or what ever u call yrself yr comment is highly difficient of sensibility. It is sad that because of perhaps lack of proper education in finance, u dont knw that interest rates on loans depend on the cost of borrowing. If even the govt of ghana is borrowing in excess of 24%, at wht rate can a micro finance company borrow and at what rate can it lend to remain in business and pay its workers? Pls dont talk like that again. Educate yrself first.

  reply
• Blagodzi 11 years ago

  Silly. This cannot be blamed on the media? Its already een admitted that the management failed in their role. Why try to cover it up?

  Silly. This cannot be blamed on the media? Its already een admitted that the management failed in their role. Why try to cover it up?

  reply
• The mask 11 years ago

  We need a progressive policy. All adverts in Ghana must be created by wholly owned Ghanaian businesses and the songs and celebrities in the adverts must be wholly Ghanaian. The celebrities and musicians must receive royalties ...
  read full comment

  We need a progressive policy. All adverts in Ghana must be created by wholly owned Ghanaian businesses and the songs and celebrities in the adverts must be wholly Ghanaian. The celebrities and musicians must receive royalties. All the wholly owned Ghanaian entities must use wholly owned Ghanaian banks like ADB.
  
  We must move into the era of music/movies as a service (MAAS). At least 7 out of every 10 songs, movies and TV series played on our television stations, radio stations and entertainment centres must be wholly Ghanaian and must be produced in Ghana. These stations and entertainment centres must pay on a monthly or annual basis royalties to the Ghanaian artists. The amounts paid must be reasonable taking into consideration the profits of the entertainment establishments. However they must not pay any money whatsoever to the foreign artists because of the negative effect it would have on our GDP. The Ghanaian artists must use wholly owned Ghanaian banks like ADB. Many people can recall great shows like: Kukurantumi-road to Accra, Ultimate paradise, By the fireside, I told you so, things we do for love, Akan drama with osofo dadzie, obra and co, home sweet home, TV theatre, Dr Paa Bobo´s songs etc
  
  There is lack of will and this must change.

  reply
• Yaw Brefo 11 years ago

  I Like your taxis in Sunyani. Keep up the good work.

  I Like your taxis in Sunyani. Keep up the good work.

  reply
• Yiddana 11 years ago

  The interest charge for loans is too prohibitive. The institutions should not promise savers unrealistic returns.

  The interest charge for loans is too prohibitive. The institutions should not promise savers unrealistic returns.

  reply
• MAHAMA LOOT ND SHARE 11 years ago

  CORRUPT MAHAMA IS NUMBER ONE BIG CORRUPT IN GHANA HISTORY,AND HIS NDC DOGS BOYS JUJU EVILS,FOOOOOOOLS

  CORRUPT MAHAMA IS NUMBER ONE BIG CORRUPT IN GHANA HISTORY,AND HIS NDC DOGS BOYS JUJU EVILS,FOOOOOOOLS

  reply