Multinational companies exiting Ghana due to uncomfortable economic indicators – Prof. Mensah

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Mary again 1 year ago

It's good to exposed the useless npp and their leadership this way. 8 years , and what they have to show is destruction! Useless people. Next time shut up when we have better governance in place.

It's good to exposed the useless npp and their leadership this way. 8 years , and what they have to show is destruction! Useless people. Next time shut up when we have better governance in place.
NO WONDER GHANA IS NOT ON THE LIST. GHANA IS A FUCKED UP NATION OF THIEVING FREELOADING LEADERS AND IRRESPONSIBLE ELDERS. 1 year ago

ASANTEHENES ARE THE NO.1 GHANAIAN GOLD SMUGGLERS.
THEY SHARE THE COUNTRY'S GOLD WITH GHANA'S POLITICIANS.

THAT'S WHY ASANTEHENES ARE DEFACTO HEADS OF STATE OF GHANA, AND THEY'RE ABOVE THE LAWS OF GHANA, AND NO ONE CAN DO ...
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ASANTEHENES ARE THE NO.1 GHANAIAN GOLD SMUGGLERS.
THEY SHARE THE COUNTRY'S GOLD WITH GHANA'S POLITICIANS.

THAT'S WHY ASANTEHENES ARE DEFACTO HEADS OF STATE OF GHANA, AND THEY'RE ABOVE THE LAWS OF GHANA, AND NO ONE CAN DO ANYTHING ABOUT IT.

THE CURRENT ASANTEHENE NOW LOADS A WHOLE PRIVATE JET WITH GOLD AND SMUGGLES IT ABROAD AND IMPORTS BENTLEYS TO RIDE ON GHANA'S VOLCANIC CRATERED ROADS.

GHANA IS A FUCKED UP NATION OF UNSCUPULOUS THIEVING FREELOADING LEADERS AND IRRESPONSIBLE ELDERS.
Donatus 1 year ago

Bawumia will go around laughing from his belly.

Bawumia will go around laughing from his belly.
Kofi Mensah 1 year ago

Well, this is a global issue, so I won't blame the govt.

The fact is that, the WHOLE world is facing a lot of economic issues, so that companies are folding up.

In Europe for instance tens of companies are closing or ha ...
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Well, this is a global issue, so I won't blame the govt.

The fact is that, the WHOLE world is facing a lot of economic issues, so that companies are folding up.

In Europe for instance tens of companies are closing or have already closed. Because the purchasing power of the citizenry have generall weakened so most companies cannot sell enough to allow them continue operating.

A lot of traditional companyies which have several years history are all closing.

So is the situation. Sad but the truth.
Apraku 1 year ago

And l don't think the capital flight from these multinational companies will help Ghana.

And l don't think the capital flight from these multinational companies will help Ghana.
Frank 1 year ago

I learnt glovo is leaving Egypt, Turkey, Uruguay etc.

I learnt glovo is leaving Egypt, Turkey, Uruguay etc.
Zachnation 1 year ago

Those countries are part of the shit but atleast they all have better infrastructure

Those countries are part of the shit but atleast they all have better infrastructure
gaBaa 1 year ago

You have to ask yourself, what have these so called Multinationals contributed to the economy. They siphon their profits out of the country and do not pay fair taxes. We just sit there and make un analyzed statements.

You have to ask yourself, what have these so called Multinationals contributed to the economy. They siphon their profits out of the country and do not pay fair taxes. We just sit there and make un analyzed statements.
Yoshima 1 year ago

I am totally disappointed in you. At your level of education you don't know how companies contribute to national economy. The people they employed are they not Ghanaians. The income they earn are they not using the money to s ...
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I am totally disappointed in you. At your level of education you don't know how companies contribute to national economy. The people they employed are they not Ghanaians. The income they earn are they not using the money to support their in families Ghana? Do you know the number of people who will be laid off?
COD 1 year ago

How many of the multinational life-saving companies operate in Rwanda?
Is Rwanda not better than Ghana economically?
How many Rwandans are looking to leave the shores of Rwanda?
We must quit the generally accepted corrupt ...
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How many of the multinational life-saving companies operate in Rwanda?
Is Rwanda not better than Ghana economically?
How many Rwandans are looking to leave the shores of Rwanda?
We must quit the generally accepted corrupt "normal" practices and be inward looking to create jobs for us all.

Concerned Ghanaian 1 year ago

Rwanda economically is not better than Ghana if you compare its GDP to Ghana’s, I believe our economy is 3 times in size. In fact Rwanda is a very poor country and this is very evident when you leave the Capital city. Tha ...
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Rwanda economically is not better than Ghana if you compare its GDP to Ghana’s, I believe our economy is 3 times in size. In fact Rwanda is a very poor country and this is very evident when you leave the Capital city. That said it is building its economy year on year with the core of this being its capital infrastructure investments. All over the country it has excellent roads and stable utilities so the building blocks are in place and puts shame to Ghana. Governance in Rwanda is also far superior to Ghana where we have thieves that masquerade as president and politicians from both sides of the political divide…
What a shit 1 year ago

They said better than you say bigger than Mr Oliver twist gyae jimie

They said better than you say bigger than Mr Oliver twist gyae jimie
Jennifer 1 year ago

We don't need Multinationals companies in order to develop our economy. Do we? They are not Charitable organisations. They come for profit at any cost.

We need to help out indigenous businesses to go global, especially the ...
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We don't need Multinationals companies in order to develop our economy. Do we? They are not Charitable organisations. They come for profit at any cost.

We need to help out indigenous businesses to go global, especially the talented Business people in Ghana. JJ let the blood flow people more of them because of hate, Envy, tribalism, dislike women to compete in business except his wife.

You must be a child Lecturer. You don't know the economic history of Ghana.

We are an emerging economy multinationals are not going to help us grow. They are just dumping their surplus goods in our market.

Bias reporting. Let them go. We are in a Digital age. They don't need to live in Ghana.

BUSINESSES are closing everything because of of CHANGE. TRAVEL A BIT AND LEARN.

SHOPS ARE EMPTY. OFFICES ARE EMPTY BECAUSE PEOPLE CAN ORDER GOODS ANYWHERE. WORK EVERYWHERE
C. Stephen Sackey 1 year ago

Oh...
Professors....
Take the case of the foreign exchange risk..
The multinationals have or should have a department which does nothing but hedge against their foreign exchange risk exposure.
They buy options on their e ...
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Oh...
Professors....
Take the case of the foreign exchange risk..
The multinationals have or should have a department which does nothing but hedge against their foreign exchange risk exposure.
They buy options on their exposures right down to the basis..
Yes,
They pay premium for that " insurance " so what?
It's a business expense and, get this, it''s tax deductible.
And Société General...
If I were their C.E.O I'll keep my Big mouth shut till eternity.
For,
I believe it traded on inside information and couterpartied that arrogant Tsaktu- then head of GNP - call option on Ghana crude oil.
When it's put option paid off GNP had to sell its oil drilling ship to pay off to settle its contractual obligation.
We're it to be located anywhere else...their CFTC ,SEC compliance department would have come down on it hard and furious and fined it multiples of its ill-gotten profits.
Yes,
This is a professor with an echo chamber to burnish his PhD bona-fide for a cabinet position.
I can tell you...
He doesn't know diddle squat.
Nana 1 year ago

Ghanaians and offcourse those who want to make everything politics always bring only negatives to the social media and be silent on the positives. Yes Multinational companies are exiting Ghana but at the same time other multi ...
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Ghanaians and offcourse those who want to make everything politics always bring only negatives to the social media and be silent on the positives. Yes Multinational companies are exiting Ghana but at the same time other multinational companies are also coming. Have you shared those that are coming in? Societal General Bank is leaving and is news because is negative, but do you also know that ABSA is taking over Sociatal General businesses in Ghana? Absa is also expanding, have u shared that? If the economy is that bad, why are other multinational companies coming in and others also expanding in the same economy. This is the Truth, Societal General Bank, which is French company, is LEAVING THE WHOLE AFRICA AND NOT ONLY GHANA. The French companies don't what to be in Africa again, so is not only about Ghana. It is normal for companies to exit and also normal for others to come in but if u want to talk about those exiting, be fair and talk about those coming in as well
Ekow Jones is 1 year ago

Only if the professor cares to know what's really going on in the firm. It's becoming increasingly sad how our intellectuals are magnifying the ignorance

Only if the professor cares to know what's really going on in the firm. It's becoming increasingly sad how our intellectuals are magnifying the ignorance
BBK 1 year ago

Look at this one too. Another NPP fool. I wonder how much Akufo Addo and his people gave you to write this stupid comment. Do you even understand what the Prof has written. Dirty imbecile. Block head.

Look at this one too. Another NPP fool. I wonder how much Akufo Addo and his people gave you to write this stupid comment. Do you even understand what the Prof has written. Dirty imbecile. Block head.
Kwame Asare 1 year ago

Arm-chair Professors......SG has sold it's stake in Morocco, how many people use apps in ordering stuff. If they do a good research, they'll stop the hasty generalisation of reasons companies actually exist a market

Arm-chair Professors......SG has sold it's stake in Morocco, how many people use apps in ordering stuff. If they do a good research, they'll stop the hasty generalisation of reasons companies actually exist a market
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BBK 1 year ago

Try me try me, not knowing Akufo Addo is a fool and a failed human. We made a grave mistake, how can we expect someone who could not manage his nuclear family, someone who never looked after his children that they had to be o ...
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Try me try me, not knowing Akufo Addo is a fool and a failed human. We made a grave mistake, how can we expect someone who could not manage his nuclear family, someone who never looked after his children that they had to be on child support, even at a time that he is seen as having money, to manage a whole country. Akufo Addo is a complete failure.

K Duah 1 year ago

Stop politics this will help other business to sell.Every bad things has opportunities in it .We must think right and create things for ourselves.They are not doing Ghana favor but to enrich themselves.

Stop politics this will help other business to sell.Every bad things has opportunities in it .We must think right and create things for ourselves.They are not doing Ghana favor but to enrich themselves.
No Mercy 1 year ago

Hallo Mr Stupid Man. As a Professor Mensah, Don't You know that Ghana is a Criminal Country full of Thieves .So Many Professors in Ghana

Hallo Mr Stupid Man. As a Professor Mensah, Don't You know that Ghana is a Criminal Country full of Thieves .So Many Professors in Ghana
Kwame 1 year ago

Npp has finished Ghana. The npp guys given a cheap android phone and 10 cedis data will come to write foolish things to support a failed government. If your relative(s) is working in SG-Societe General and is about to be laid ...
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Npp has finished Ghana. The npp guys given a cheap android phone and 10 cedis data will come to write foolish things to support a failed government. If your relative(s) is working in SG-Societe General and is about to be laid off will you be here typing garbage. Kofi Bentil told Bawumiah who is so unpopular to distribute phones to all these stupid people and launch them into the cyberspace to do damage control to the government and at the end of the month IMANI will come with Sentiment report. Stupid and hogwash.
Boyer Kwofie 1 year ago

And the passage of the LGBT Law.
They want to destroy our economy to teach other poor African countries a lesson.

And the passage of the LGBT Law.
They want to destroy our economy to teach other poor African countries a lesson.
Jazz 1 year ago

Even in America jobs are closing down and laying people off. so stop your stupid propaganda.

Even in America jobs are closing down and laying people off. so stop your stupid propaganda.
Francis 1 year ago

Lord mensah if society general is going does it mean is it because of the economy.please your nonsense and talk some good that will help the society but not this shit.

Lord mensah if society general is going does it mean is it because of the economy.please your nonsense and talk some good that will help the society but not this shit.
Nana Plang 1 year ago

Nana Addo his government have destroyed all the gains Ghana has made over the years. They have borrowed so much monies and have nothing to show for. They have made Ghana a laughing joint in the continent and are always lying ...
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Nana Addo his government have destroyed all the gains Ghana has made over the years. They have borrowed so much monies and have nothing to show for. They have made Ghana a laughing joint in the continent and are always lying about everything. The worse is now the dumpsor which is destroying everything in the country. Nana Addo, Osarfo Marfo, Ken Ofori Atta should all go to jail after their tenure ends
Sanasri 1 year ago

Professor, why are you so obsessed and happy with the decline of Ghana's economy? Every analysis you make is so negative and scary. Don't forget we all suffer together. What's making you tick?

Professor, why are you so obsessed and happy with the decline of Ghana's economy? Every analysis you make is so negative and scary. Don't forget we all suffer together. What's making you tick?

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Multinational companies exiting Ghana due to uncomfortable economic indicators – Prof. Mensah

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