Interest rate in Ghana genocidal, criminal - Okyenhene

Read Article

Comments (34)

This article is closed for comments.

Read Comments Comments (34)

Mahmood Kangah 10 years ago

Say it again. Who would borrow with these rates in place

Say it again. Who would borrow with these rates in place
OLD SOLDIER 10 years ago

Author:-TULA...
Massa; there is no way Jon Dubai Mahama will dare prosecute this lady because the truth is that Jon Mahama Dubai Mahama has not got the 'balls' to prosecute anybody because the man is himself dripping in the ...
read full comment

Author:-TULA...
Massa; there is no way Jon Dubai Mahama will dare prosecute this lady because the truth is that Jon Mahama Dubai Mahama has not got the 'balls' to prosecute anybody because the man is himself dripping in the faeces of corruption how can the man prsecute any body besides this is a single woman with no husband that Jon Mahama shares a bed with whilst in the hotel and by the way have you ever seen Jon Mahama prosecute any high official in his government but have the balls to go and pile debts on Ghanaians.
insight to the bone 10 years ago

Well this goes beyond incompetence as its only a symptom , the root cause is plain simple evil wickedness mixed with the retrogressive forces of his Islamic background. Corruption another symptom is part of the strategy to we ...
read full comment

Well this goes beyond incompetence as its only a symptom , the root cause is plain simple evil wickedness mixed with the retrogressive forces of his Islamic background. Corruption another symptom is part of the strategy to weaken the institutions of state , erase integrity and morals so we forever remain in this quicksand of poverty and backwardness . Incompetence implies amateurism , political illiteracy , ignorance etc but we say this is very deliberate as its supported by national security and other security agencies , practically all institutions of state are in compliance with the destruction or wanton looting of Akan wealth and future because they know its not theirs.To illustrate this point we will elaborate , imagine there is an ailing child that needs a heart operation or even simple appendix removal but pepeni president comes along and says i have the constitutional right to appoint the medical officer , so instead of appointing an experienced capable doctor he says my brother muslim pepeni is a butcher and knows how to cut flesh so he is appointed instead . Then the rest of us idiots are surprised and amazed when every time there is a patient things go wrong and there is death and misery all over the place. Then pepeni omanhene gets up and says npp vowed to make the country ungovernable so is to blame and sets all institutions of state to work at the destruction of the innocent npp. Now we return and all i say is just look at this govt and what do you really see , people deliberately in place who can never deliver , perform or do anything right in a thousand years, all of them sophisticated criminals posers and professional liars. The opposition we see is in a very sorry state as they have been infiltrated by these agent provocateurs , spies and sleepers . They cant even organise a simple house to house or door to door campaign due to internal sabotage and obstruction. We advise all decent citizens and Akans to continue the campaign individually to remove this evil NDC and make sure they dont even get 5% of the vote , then we shall see how the BNI will rig the elections for them. In our opinion any party not affiliated to the NDC is a good start and we shall make sure we dismiss 90% of the police force , BNI , national security and ministries civil service and replace them with more loyal ,patriotic and deserving citizens. A bad tree will always produce bad fruit such as we see with JJ and his offspring ashawo daughter who is only good for licking men's balls. Our advice especially to our diaspora is to avoid any family which supports NDC as they are nothing but gold diggers , fake users with no love in their hearts except interests. These ndc women all have one thing in common,irrational greed, no morals , no wisdom and no justice in their hearts just fine tuned in the art of lies and deceit.
OLD SOLDIER 10 years ago

Author:..Action...
NIA should not abuse the intelligence of Ghanaians. They should back off the proposed exercise. Elsewhere, parliament will be summoning the NIA boss to answer questions on the floor. But what do we see in ...
read full comment

Author:..Action...
NIA should not abuse the intelligence of Ghanaians. They should back off the proposed exercise. Elsewhere, parliament will be summoning the NIA boss to answer questions on the floor. But what do we see in Ghana? Hands off until there is a problem and MPs get on their soap boxes. Not too late to act.
adam 10 years ago

@ insight to de bone! u r not making any aensw .

@ insight to de bone! u r not making any aensw .
insight to the bone 10 years ago

That was not meant for those of you illiterates with feeble intelligence , for others its as clear as day

That was not meant for those of you illiterates with feeble intelligence , for others its as clear as day
Saint Ghfuo: FREE YOUR PSYCHE! 10 years ago

GH NEEDS THE MONEY TO PAY FOR THE LOANS IT HAS GOTTEN FROM IMF AND WORLD BANK. TRUST ME, ITS ALL RELATED...

GH NEEDS THE MONEY TO PAY FOR THE LOANS IT HAS GOTTEN FROM IMF AND WORLD BANK. TRUST ME, ITS ALL RELATED...
Onipaba 10 years ago

Thanks Nana but what do you expect when such a crook and a clever thief is running the the country.

Thanks Nana but what do you expect when such a crook and a clever thief is running the the country.
BONESHAHER 10 years ago

Mahama's better Ghana interest rate is 30%,and this is bargain.

Mahama's better Ghana interest rate is 30%,and this is bargain.
Man of God UK 10 years ago

Thank you Nana, you have said it right
The thief will continue will steal from the poor.
What is the opposition doing it, rather fighting among themselves shame on you ghana's opposition parties
God bless you caring wise K ...
read full comment

Thank you Nana, you have said it right
The thief will continue will steal from the poor.
What is the opposition doing it, rather fighting among themselves shame on you ghana's opposition parties
God bless you caring wise King

MAHAMAH HAS DESTROYED GHANA.. 10 years ago

HAHAHA,THE OPPOSITION ARE BUSY HAVING SEX WITH YOUR MOTHER.ARE YOU NOT A GHANAIAN OR YOU ARE A FOREIGNER.DON'T YOU KNOW IN GHANA MAJORITY CARRIES THE VOTE.THIS COMMUNIST NDC PARTY PARLIAMENTARIANS CAN IMPLEMENT ANY LAW WITHOU ...
read full comment

HAHAHA,THE OPPOSITION ARE BUSY HAVING SEX WITH YOUR MOTHER.ARE YOU NOT A GHANAIAN OR YOU ARE A FOREIGNER.DON'T YOU KNOW IN GHANA MAJORITY CARRIES THE VOTE.THIS COMMUNIST NDC PARTY PARLIAMENTARIANS CAN IMPLEMENT ANY LAW WITHOUT THE APPROVAL OF THE OPPOSITION.SO WHY ARE YOU BLAMING THE OPPOSITION BUT NOT THE SYSTEM OR YOU LEFT GHANA IN 196OS?.UNCLE TOM COME BACK BECAUSE HOME IS HOME.
Saint Ghfuo: FREE YOUR PSYCHE! 10 years ago

BLAME BANK OF GH ANF THE USELESS GOVT. WHEN U TURN UR FINANCES OVER TO IMF AND WBANK. THIS IS WHAT U GET...NOW, GH IS PLAYING 419 TO DECEIVE AND TAKE PPLS MONEY WITHOUT PAYING INTEREST. AND THERE WILL BE CONSEQUENCES....WHEN ...
read full comment

BLAME BANK OF GH ANF THE USELESS GOVT. WHEN U TURN UR FINANCES OVER TO IMF AND WBANK. THIS IS WHAT U GET...NOW, GH IS PLAYING 419 TO DECEIVE AND TAKE PPLS MONEY WITHOUT PAYING INTEREST. AND THERE WILL BE CONSEQUENCES....WHEN U BORROW MONIES FROM IMF. THEY COME AND TELL U WHAT TO DO TO REPAY BACK THE LAON. THIS INCLUDES TURNING UP/INCREASE THE INTERST RATE ON LOANS AND ISSUE MORE INTEREST RATE ON TBILLS. BUT SINCE 419 IS GOING ON WITH THESE T BILLS. MORE INVESTORS DONT TRUST THE FINANCIAL SITUATION AND WILL NOT INVEST
Ben, U.S 10 years ago

Why, why, why, oh Ghana!! The leaders are myopic.

Why, why, why, oh Ghana!! The leaders are myopic.
Sam 10 years ago

pls nana, allow dem, let dem do whatever dey want. their end will surely come

pls nana, allow dem, let dem do whatever dey want. their end will surely come
kuku 10 years ago

at this rate... the country itself will be bankrupt(HIPC) in 2016

at this rate... the country itself will be bankrupt(HIPC) in 2016
mullee 10 years ago

Tell mahama and he will tell u that u have come no where near the presidency so only kuffour n Rawlings can xomplain . t bill interest rate is 25%. How can interest on loans be anywhere below 30%. Then everyone will borrow fr ...
read full comment

Tell mahama and he will tell u that u have come no where near the presidency so only kuffour n Rawlings can xomplain . t bill interest rate is 25%. How can interest on loans be anywhere below 30%. Then everyone will borrow from the bank and put them in t bills. Wampa is clueless just like his prez
candido 10 years ago

Nana it is not true.The whole World, its not true.You've lived abroad before. Let the truth be told.In America you Nana know how much interest you pay. Stop deceiving. Ghanians.

Nana it is not true.The whole World, its not true.You've lived abroad before. Let the truth be told.In America you Nana know how much interest you pay. Stop deceiving. Ghanians.
Otwen bin TS 10 years ago

Kuraseni.

Kuraseni.
Kojo 10 years ago

Do you know the Federal Reserve interest rate? It's practically 0 and its been like that for years. So which America do you live in?

Do you know the Federal Reserve interest rate? It's practically 0 and its been like that for years. So which America do you live in?
MUSA 10 years ago

Where in America have u lived. Interest rates are in single digits. Those who pay high rates on credit cards are those who defaults on their loans. That's punishment for irresponsible borrowers like MAHAMA .Lowering interest ...
read full comment

Where in America have u lived. Interest rates are in single digits. Those who pay high rates on credit cards are those who defaults on their loans. That's punishment for irresponsible borrowers like MAHAMA .Lowering interest rates will not only benefit NPP. It's better for all Ghanaians.

Ahenfie 10 years ago

The day the director-general of galamsey, the Okyehene, stops the illegal mining at his backyard, the high interest rate will drop

The day the director-general of galamsey, the Okyehene, stops the illegal mining at his backyard, the high interest rate will drop
Kojo, china. 10 years ago

why should the BoG rates to the commercial banks be over 20%?? i don't get it!? why, what are they doing with the profit when their job is not commercial?

we live in a country where state companies can not succeed because ...
read full comment

why should the BoG rates to the commercial banks be over 20%?? i don't get it!? why, what are they doing with the profit when their job is not commercial?

we live in a country where state companies can not succeed because the heads of those companies deliberately mismanage by way of looting to share and the gov't is afraid to punish them so the only way out is people going for loans to open businesses so young graduates and ordinary people can get jobs; you block that opportunity too with senseless high interest rates without even exemption to sellected areas.

the same interest rates in other countries range from 0.5 to 6%, china for instance comercial banks rates range btn 3 to 5%.

do the runners of our govt think at all? it's a shame to come from africa,not because of skin color but having all the leaders in govt being empty heads!!

i still need answer: what does the BoG do with the profit??
@@@@ 10 years ago

Busy manipulating the financial system to their advantage. And since when did this fact dawn on this fmr. Insurance Salesman, who prides himself with an affected foreign accent?

Busy manipulating the financial system to their advantage. And since when did this fact dawn on this fmr. Insurance Salesman, who prides himself with an affected foreign accent?
AKUVIE 10 years ago

Does MAHAMA understand the relationship between interest rates and business growth at all? Does he even understand what is happening in our Economy?

Does MAHAMA understand the relationship between interest rates and business growth at all? Does he even understand what is happening in our Economy?
S B 10 years ago

Nana ur truly a chief. Dis is wat expected of a Chief. God bles u. U not lik de stomach chief lik Sunyani an Dormah chief.

Nana ur truly a chief. Dis is wat expected of a Chief. God bles u. U not lik de stomach chief lik Sunyani an Dormah chief.
Koo Nimo 10 years ago

Naa who cuase am: Eyei Mahama

Naa who cuase am: Eyei Mahama
chief 10 years ago

These socialists ruling us do not believe in the private sector as the engine of growth. To them we should all be begging the government for money. After all, majority of the ministers have never worked in their lives.

These socialists ruling us do not believe in the private sector as the engine of growth. To them we should all be begging the government for money. After all, majority of the ministers have never worked in their lives.
Moses kankane 10 years ago

Not true. They are never social democrats. Look at the deep cuts in the budget for social protection outlays

Not true. They are never social democrats. Look at the deep cuts in the budget for social protection outlays
Moses kankane 10 years ago

Well said. The voodoo economists working with
IMF advice banks on very outrageous interest to benefit foreign investors never local businesses

Well said. The voodoo economists working with
IMF advice banks on very outrageous interest to benefit foreign investors never local businesses
John Lewis 10 years ago

NANA YOU ARE 1000 o/0 RIGHT AND THIS IS ONLY IN GHANA COMPARED TO OTHER COUNTRIES BOTH DRVELOPED AND DEVELOPING COUNTRIES. THE BANKS SPEARHEADED BY BoG ARE MILKING GHANAIANS DRY TO THE BONE AND PAST AND PRESENT GOVERNMENTS D ...
read full comment

NANA YOU ARE 1000 o/0 RIGHT AND THIS IS ONLY IN GHANA COMPARED TO OTHER COUNTRIES BOTH DRVELOPED AND DEVELOPING COUNTRIES. THE BANKS SPEARHEADED BY BoG ARE MILKING GHANAIANS DRY TO THE BONE AND PAST AND PRESENT GOVERNMENTS DON'T CARE.NANA KASA....

OFORI PANIN FIE 10 years ago

I JUST WANT TO LET ALL MEDIA REPOTERS TO KNOW AND UNDERSTAND THAT, PRONOUNCING OR WRITTING THE NAME MUST WRITE THE CORRECT NAME AS (OSAGYEFO AMOATIA OFORI PANIN)IS WITHOUT" I OR II" THAT IS NOT OKYEMAN TRADITION OF GIVING OR ...
read full comment

I JUST WANT TO LET ALL MEDIA REPOTERS TO KNOW AND UNDERSTAND THAT, PRONOUNCING OR WRITTING THE NAME MUST WRITE THE CORRECT NAME AS (OSAGYEFO AMOATIA OFORI PANIN)IS WITHOUT" I OR II" THAT IS NOT OKYEMAN TRADITION OF GIVING OR NAMING A SUCCESSER TO OFORI PANIN BLACK STOOL
Osei Wusu 10 years ago

Nana, your golf partner Prince Kofi Amoabeng started the genocide.

Nana, your golf partner Prince Kofi Amoabeng started the genocide.
duf, duf 10 years ago

God bless you modern day KING SOLOMON. OSAGYEFO AMOATIA OFORI PANIN. THE OKYENHENE! !!!!!

God bless you modern day KING SOLOMON. OSAGYEFO AMOATIA OFORI PANIN. THE OKYENHENE! !!!!!
G, K. Berko 10 years ago

The Okyehene is very right on this. Meanwhile, the Banks pay next to nothing in interests on Deposits.

Long Live Ghana!!!

The Okyehene is very right on this. Meanwhile, the Banks pay next to nothing in interests on Deposits.

Long Live Ghana!!!

34 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Interest rate in Ghana genocidal, criminal - Okyenhene

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (34)

Read Comments Comments (34)