Seth Terkper must resign - IFS boss

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Christian 10 years ago

Tekper is beaving like this: A new car was given to an apprentice driver, he spoilt the car within a short time, a mechanic is brought in to repair the car and the same reckless driver is standing advicing him to finish the r ...
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Tekper is beaving like this: A new car was given to an apprentice driver, he spoilt the car within a short time, a mechanic is brought in to repair the car and the same reckless driver is standing advicing him to finish the repairs for him to start driving again. Exactly what the mahama dudui economic team is doing!!!!
Kwesi 10 years ago

The Professor and his team do not understand hedging, Seth Terkper understands. Hedging is not an automatic savior. It is a 2-edged sword and lends itself to speculation. It is like betting and there is a price to pay when th ...
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The Professor and his team do not understand hedging, Seth Terkper understands. Hedging is not an automatic savior. It is a 2-edged sword and lends itself to speculation. It is like betting and there is a price to pay when the bet does not go your way. In a falling price crude oil market, one wonders who will take the risk. And the crude oil market is an open market with real time information available.
Abena 10 years ago

Hedging is not dreaming. it is based on mathematical calculations, projections etc. These qualities your NDC dudui economic team do not understand. They are dreaming the process.

Hedging is not dreaming. it is based on mathematical calculations, projections etc. These qualities your NDC dudui economic team do not understand. They are dreaming the process.
KWASI AMOAH 10 years ago

Hedging is a DISCRETIONARY tool and there is no obligation for the Finance Minister to hedge our our oil. It is like gambling : you bet and win or lose. Hedging is speculative.
What would you have told the Finance Minister ...
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Hedging is a DISCRETIONARY tool and there is no obligation for the Finance Minister to hedge our our oil. It is like gambling : you bet and win or lose. Hedging is speculative.
What would you have told the Finance Minister if the price of crude on the world market had risen astronomically?. You would have asked him to resign too. When you go to court on this issue, which relevant law are you going to quote.
insida 10 years ago

Projections = predictions nd predictions are not always CERTAIN.....so we should be guided by past experiences...

Projections = predictions nd predictions are not always CERTAIN.....so we should be guided by past experiences...
NANA 10 years ago

THE WORSE F.MINISTER WE HAV EVER HAD...HE KNWS NUN AT ALL

THE WORSE F.MINISTER WE HAV EVER HAD...HE KNWS NUN AT ALL
Dundee 10 years ago

Every Minister in NDC govt is worse minister you have ever had.I don't understand all this from you the npp.

Every Minister in NDC govt is worse minister you have ever had.I don't understand all this from you the npp.
USMAN 10 years ago

How can Tekper raise the rate of tax when the economy is shrinking. This is not modern economics. No wonder industries are collapsing since people are no more spending. An economic policy like this can only come from a useles ...
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How can Tekper raise the rate of tax when the economy is shrinking. This is not modern economics. No wonder industries are collapsing since people are no more spending. An economic policy like this can only come from a useless person like Tekper.
ADAMU 10 years ago

It shouldn't surprise anybody that Tekper is clueless. Ghanaians are having intermittent electricity but this guy has increased electricity rate several times. What kind of useless economist is this?

It shouldn't surprise anybody that Tekper is clueless. Ghanaians are having intermittent electricity but this guy has increased electricity rate several times. What kind of useless economist is this?
Kbff 10 years ago

Terkper is now doing things in helter skelter.He is a finished man. He must resign for his own good

Terkper is now doing things in helter skelter.He is a finished man. He must resign for his own good

Esi 10 years ago

That erroneously implies he had any ideas to begin with. A square peg in around hole. He clearly was never qualified for the job.

That erroneously implies he had any ideas to begin with. A square peg in around hole. He clearly was never qualified for the job.
GBEWAA 10 years ago

WHY ONLY SETH TERKPER.

WAMPAH MUST ALSO RESIGN.
BOTH ARE TOTALLY USELESS.

WHY ONLY SETH TERKPER.

WAMPAH MUST ALSO RESIGN.
BOTH ARE TOTALLY USELESS.
salam 10 years ago

Oh any idiot all can go court

Oh any idiot all can go court
Sekwa 10 years ago

yen-tie-obiara

yen-tie-obiara
Hubert K.Yeboah 10 years ago

I whole-heartedly do concur this man must go. He is useless and has no clue of what is doing. I'm unsure of his deeper understanding and knowledge of macro economics and international finance.
He must not be the only person ...
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I whole-heartedly do concur this man must go. He is useless and has no clue of what is doing. I'm unsure of his deeper understanding and knowledge of macro economics and international finance.
He must not be the only person to go, but the governor of bank of Ghana as well. Again, I'm unsure of where they received their graduate degrees from, but what I can say is that they are disgrace to such schools. I plan to write a lengthy article on how most of the current predicaments could have been avoided to the change the downward spiral the economy of Ghana is experiencing. Ghana has lost so much respect in the international community. I was so sad to recently read an article about the economy of Ghana in financial times.
DEPORT FOREIGN MUSLIMS 10 years ago

DON'T KNOW HOW TERKPER WAS ABLE TO AQUIRE THAT POSITION .

DON'T KNOW HOW TERKPER WAS ABLE TO AQUIRE THAT POSITION .
Lexis 10 years ago

Economics is not learned and practised by only one person in the country.. Dont get it when people act like they are the only people who went to school to acquire knowledge.. Seth Terpker is your best bet for A Finance Mniste ...
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Economics is not learned and practised by only one person in the country.. Dont get it when people act like they are the only people who went to school to acquire knowledge.. Seth Terpker is your best bet for A Finance Mnister in this mad economy.. He is doing a great job.. Stop the propaganda please..
LEZO. EU. 10 years ago

At one point you people have already given the minister ultimatum to resign and in another, you said you can not give him ultimatum. Which is which guys? Now you are telling the minister to explain why certain steps were not ...
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At one point you people have already given the minister ultimatum to resign and in another, you said you can not give him ultimatum. Which is which guys? Now you are telling the minister to explain why certain steps were not taken by him. One would have thought,you are coming out wiht this because you had worked out things. Yes, if he is to resign for the best of this country, why not? But don't tell him to resign when you people don't know why he should.
Jude 10 years ago

What about the fact that this Tekper, Tony Aidoo, Wampah and Nii Moi Thompson collaborating with dumsor mahama to run a middle income country to HIPC in 4 years? It simply means the team is grossly incompetent so they must al ...
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What about the fact that this Tekper, Tony Aidoo, Wampah and Nii Moi Thompson collaborating with dumsor mahama to run a middle income country to HIPC in 4 years? It simply means the team is grossly incompetent so they must all go.
Tema4 life 10 years ago

This NDC guys ...go and check Kosmos Eneregy...this was the same thing they did and they did not loose that much.. Hedging was the best option hadly the minister been speculative enough to forseee the future price flatuatio ...
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This NDC guys ...go and check Kosmos Eneregy...this was the same thing they did and they did not loose that much.. Hedging was the best option hadly the minister been speculative enough to forseee the future price flatuation on the crude prices

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Abeeku Mensah 10 years ago

If these two outfits, IFS and IMANI, are examples of Ghana brand think tanks then we are surely in trouble in Ghana. Is Seth Terkper the designated procurement officer for Ghana?

In the first darn place, Mr. Terkper can on ...
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If these two outfits, IFS and IMANI, are examples of Ghana brand think tanks then we are surely in trouble in Ghana. Is Seth Terkper the designated procurement officer for Ghana?

In the first darn place, Mr. Terkper can only give advice but not mandated by law to override departmental decisions by law and or statute. Throwing around accusations of causing financial loss to the nation/state is a go to catchall charge that political hacks, especially those of the opposition party kind use as cover for their biased stance. Until IFS and IMANI can produce a statute, law and job description that mandates Mr. Seth Terkper unequivocally as responsible for government purchases and or override authority of all government purchases I say shut the hell up
esi 10 years ago

Is this another story floated and funded by Seth Tekper's deputy Mona Quartey the ex bank teller? Sounds like it.

Is this another story floated and funded by Seth Tekper's deputy Mona Quartey the ex bank teller? Sounds like it.
Redd 10 years ago

This guy happens to be the worst ever finance minister we have had.His failure is gargantuan but like the black man he is he will never resign even if the country is shutdown.He only knows how to borrow money by issuing Eurob ...
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This guy happens to be the worst ever finance minister we have had.His failure is gargantuan but like the black man he is he will never resign even if the country is shutdown.He only knows how to borrow money by issuing Eurobonds.
Lord Tennison 10 years ago

What is he talking about?If there was certainty about price stability,then there would be no need to hedge.There will be no loss of income as a result of price fluctuation.
Hedging evolved due to the uncertainty about price ...
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What is he talking about?If there was certainty about price stability,then there would be no need to hedge.There will be no loss of income as a result of price fluctuation.
Hedging evolved due to the uncertainty about price movements,so one can either avoid or minimize the risk of loss of revenue.
Hedging provides certainty about revenue,and it is good for planning.
He could have hedged the high crude oil price prevailing at the time of budgeting.That would have kept the price at $99/barrel regardless,and would have guaranteed our revenues.Why the risk of exposure to price fluctuation leading to the significant loss of income was not hedged is baffling.Perhaps,uncle Seth was too optimistic and did not pay heed to developments on the crude oil market,or his eyes-the IMF-did not school him that the US is selling shale oil now and the Saudis were panting to maintain their gigantic dynasty of great antiquity so crude oil prices would take a nose dive.
Whilst one should pardon John Mahama because economics and finance are not his cups of tea,why did cousin vice president not pinch uncle Seth?
What about a reminder from Dr.Wampah who is sitting on all the economic statistics requisite for decision making?
Our resources are going down the drain through controllable channels while the innocent school kids are schooling squatting on pieces of wood,under trees and being sprayed with vulture droppings indiscriminately,and being taught by half-baked and poorly-motivated teachers who may still be teaching abacus instead of mathematics.
If you do not kick them out in 2016,then your guess is as good as mine.The government is at the end of its wits.What makes it worse is the 'yentie obiara' lack-of-wisdom posture.A servant who has vowed never to consider inputs by the master?
Haile Manasseh Mengistus Selaise VII 10 years ago

You and your bankrupt intellectuals have nothing to offer Ghana when it comes to the management of the Ghanaian economy.
I believe this Professor Newman Kusi and the host like them have been in this country when NPP led Ghan ...
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You and your bankrupt intellectuals have nothing to offer Ghana when it comes to the management of the Ghanaian economy.
I believe this Professor Newman Kusi and the host like them have been in this country when NPP led Ghana to HIPC. What have become of the HIPC monies? They were around when ex-President Kufour and his gang siphoned the nations monies into their wardrobes and added series of zeros to the cedi to replace the stolen monies. How strong is Ghana's economy for the Kufour gov't to equate the cedi to the US dollar?
It's difficult to understand these junked intellectuals who have nothing constructive to offer but vent with hatred and malicious intents driven against hard working people of this country. The Honorable Finance Minister isn't going anywhere soon.
Where were you guys when ex-Prez.Kufour used the tax payers money to order golden chains for decoration? Hope you guys were blind at the time eh?
Photosy 10 years ago

What do these people want at all ? These NPP sycophants. Read a extract from GHANA Review below ;

Tsikata apparently set up the above accounts for hedging activities. Hedging is a betting mechanism employed by companies a ...
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What do these people want at all ? These NPP sycophants. Read a extract from GHANA Review below ;

Tsikata apparently set up the above accounts for hedging activities. Hedging is a betting mechanism employed by companies as a means of protection or control by speculating on the derivatives market against the risk of inflation in the country or to bet upon both sides of the coin, thus, guarding ones business against great loss, what every may be the result. Except in GNPC's case, the accounts for purposes of hedging activities were said to be suspicious.

Before the government ordered the forensic audit, Tsikata was though to have recklessly used GNPC funds to bet in complex hedging transactions, starting in 1996. This meant GNPC being paid either a premium by the banks or GNPC paying the banks certain sums of money, depending on whether or not the market price of oil stayed below or above the predicted price. In effect, Mr. Tsikata was though to have been "gambling with our oil while the people of Ghana were queuing for petrol," the Energy Minister commented.
Ali 10 years ago

IFS and IMAMI should go to hell. They are rather useless. They should better suggestions and stop barking like dogs

IFS and IMAMI should go to hell. They are rather useless. They should better suggestions and stop barking like dogs
2016 akuffo addo retirement party 10 years ago

stupidity at its highest apogee

stupidity at its highest apogee
NANA AKUFO ADDO 10 years ago

Are you crazy????? All the heavy lifting and transformation that Hon. Seth is bringing about, you don't see it? Go to hell and fuck yourselves with a rusty knife...

Are you crazy????? All the heavy lifting and transformation that Hon. Seth is bringing about, you don't see it? Go to hell and fuck yourselves with a rusty knife...

kofi 10 years ago

Foolish talk

Foolish talk

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Seth Terkper must resign - IFS boss

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