From GH¢10.5 to GH¢12: Joe Jackson explains why current rate is more realistic

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red cock 1 year ago

Would it be good for the economy if the depreciation continues and gets to 17 cedis to the dollar?

Would it be good for the economy if the depreciation continues and gets to 17 cedis to the dollar?
Williams 1 year ago

Probably not if Ghana is dumping their dollars at the banks. Merchants didn’t help by not reducing prices at an adequate price.

Probably not if Ghana is dumping their dollars at the banks. Merchants didn’t help by not reducing prices at an adequate price.
JOE JACKSON IS STOMACH ECONOMIST 1 year ago

Joe Jackson, you don't know what you are talking about. Shut up

Joe Jackson, you don't know what you are talking about. Shut up
Tamale North Boy 1 year ago

Exactly. Clueless people trying to explain propaganda

Exactly. Clueless people trying to explain propaganda
Kofi K. 1 year ago

Bootlicking, the true value will kick-in after the 15 cedi mark. Joe Jackson is only singing his master's voice

Bootlicking, the true value will kick-in after the 15 cedi mark. Joe Jackson is only singing his master's voice
Erasmus Agyenim Boating 1 year ago

I won't be surprised if he comes back to tell us the same thing if the Cedi depreciates to 15ghs to the dollar.

I won't be surprised if he comes back to tell us the same thing if the Cedi depreciates to 15ghs to the dollar.
Simeon London 1 year ago

@Williams

Merchants didn't fall for the government's propaganda. You had no idea how people are struggling to get foreign currencies at the bank. You have no option than to go to abokyi. And his rate was wey higher than t ...
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@Williams

Merchants didn't fall for the government's propaganda. You had no idea how people are struggling to get foreign currencies at the bank. You have no option than to go to abokyi. And his rate was wey higher than the BOG. This whole appreciation thing was artificial. It did not make economic sense.

As for Joe Jackson de3 the least said about him the better. Let's wait and see how long it stays at 12 Ghs. I spoke to one abokyi, he said by December de3 kwatakwata 18 Ghs to the dollar.
Tamale North Boy 1 year ago

hmmmmmmmmmmmm

hmmmmmmmmmmmm
Atsu 1 year ago

NDC propagandist should not tell lies that dollar is going to remain at 12gh very soon we shall see their true colours. The should pay cocoa farmers 5000 per bag now that the dollar is running like Usain Bolt. Scammers in Gov ...
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NDC propagandist should not tell lies that dollar is going to remain at 12gh very soon we shall see their true colours. The should pay cocoa farmers 5000 per bag now that the dollar is running like Usain Bolt. Scammers in Government
kusie 1 year ago

refusal of local market people to reduce prices was a big factor but people wont say it

refusal of local market people to reduce prices was a big factor but people wont say it

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Nana 1 year ago

This is the same man who touted the appreciation of the cedi on TV as being the result of fiscal discipline.

This is the same man who touted the appreciation of the cedi on TV as being the result of fiscal discipline.
Collins GH 1 year ago

Infact bro, just what I wanted to say, Ghana we di taya papaa

Infact bro, just what I wanted to say, Ghana we di taya papaa
Ndc is a useless party 1 year ago

Ndc is full of incompetent people. Ghanaians have regretted voting for Ndc back to power

Ndc is full of incompetent people. Ghanaians have regretted voting for Ndc back to power
Struggling Man 1 year ago

Let's pray that this rate will be sustained. If it can be sustained for a 6 months before changing, business people can plan.

Let's pray that this rate will be sustained. If it can be sustained for a 6 months before changing, business people can plan.
Yellow man 1 year ago

Sycophants were you not the same guy who was on TV singing praises when the cedi fell to 10ghc

Sycophants were you not the same guy who was on TV singing praises when the cedi fell to 10ghc
JB AMOATENG 1 year ago

Joe Jackson and friends,too bad for Ghana.

Joe Jackson and friends,too bad for Ghana.
Frank mawuko 1 year ago

Npp took the cedi from 4 cedis to 17 cedis, now the NDC took it from 17 cedis to 10.5 cedis now at 12 cedis what is bad about it.
Npp enemies of progress.

Npp took the cedi from 4 cedis to 17 cedis, now the NDC took it from 17 cedis to 10.5 cedis now at 12 cedis what is bad about it.
Npp enemies of progress.
Emma 1 year ago

Stop lying

Stop lying
Truth Teller 1 year ago

How many weeks from 10.5 Cedis to 12 Cedis? Coming events cast their shadow

By the way, has the Goldbod stopped exporting Gold?? Asking for a concerned friend.

How many weeks from 10.5 Cedis to 12 Cedis? Coming events cast their shadow

By the way, has the Goldbod stopped exporting Gold?? Asking for a concerned friend.

Owan Yaw aka Teteman Ubi 1 year ago

The Ministry of Finance and the Bank of Ghana should have set a realistic and pragmatic goal to start with. Having done the budget and other projections for most of the year, it would have made more sense to attempt to stabil ...
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The Ministry of Finance and the Bank of Ghana should have set a realistic and pragmatic goal to start with. Having done the budget and other projections for most of the year, it would have made more sense to attempt to stabilize GHS:$ at 13 instead of the artificial intervention rate which saw GHS appreciate so fast (rapidly) to about 9.90 instead a very short period. I was in Ghana this year for 3 weeks from mid May to first week of June, within which GHS appreciated from 14.5 to 9.90 which was not sustainable. Even the CEO of Cocoa Board was lamenting about this and no one cared, simply because of political window dressing. Now, it has become obvious that Ghana does not have limitless $ to continue to intervene. There’s a lot of smuggling of hard currencies and gold to countries such as Turkey, United Arab Emirates, India and China. This can be curbed simply by monitoring the travel itineraries of certain four particular airlines (names withheld) but which are not European or American based airlines. These currencies and gold are smuggled out with the complicity of government officials.
Kojois 1 year ago

Fools what is realistic here means

Fools what is realistic here means
Cross 1 year ago

Jeez what happened top the Goldbod

Jeez what happened top the Goldbod
Accranie 1 year ago

In November/ It's Will Be Seven Years/Nigerian President Mr Buhari Floated The Next Level/ Manifesto/ Caved To Move The Economy To A Value Addition One/Via Economic Zones(Special)/ For Obvious Reasons/i.e Value Addition Is Wh ...
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In November/ It's Will Be Seven Years/Nigerian President Mr Buhari Floated The Next Level/ Manifesto/ Caved To Move The Economy To A Value Addition One/Via Economic Zones(Special)/ For Obvious Reasons/i.e Value Addition Is Where Skilled Work Is Demanded/Commensurate With The Remuneration That Comes With It/Going To Uplift The Bottomline Of The Indiginous Labour Force/ Livable Wages Uplifts The Standard Of Living Of The People/ Give Them Some Disposal Income
Accranie 1 year ago

The Total Population Of West Africa Is Four Hundred &Fifty Million People/ Nigerian Alone Contributes

The Total Population Of West Africa Is Four Hundred &Fifty Million People/ Nigerian Alone Contributes
Accranie 1 year ago

Two Hundred &Fifty Million Of People/ Does One See The Picture/ Nigeria/Has Become The Proverbial West Africa/ Bank Customer/ That Has Become Too Big To Fail

Two Hundred &Fifty Million Of People/ Does One See The Picture/ Nigeria/Has Become The Proverbial West Africa/ Bank Customer/ That Has Become Too Big To Fail
Accranie 1 year ago

The literature/Is For The West Africa Bank/ShareHolders To Do Everything Humanly(Gh/Nigeria/Indiginous Trader/ Variant) Possible To Make Customer Nigeria Succeed Because Customer Nigeria Has Become The Proverbiak Bank Custo ...
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The literature/Is For The West Africa Bank/ShareHolders To Do Everything Humanly(Gh/Nigeria/Indiginous Trader/ Variant) Possible To Make Customer Nigeria Succeed Because Customer Nigeria Has Become The Proverbiak Bank Customer That Owes The Bank Nickle/Diamonds
Kwaku 1 year ago

It seems the only thing remaining for the NPP folks to gloat over is any seemingly weaknesses of the NDC government. What they don't seem to appreciate is if the government so desires they can further bring the dollar down bu ...
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It seems the only thing remaining for the NPP folks to gloat over is any seemingly weaknesses of the NDC government. What they don't seem to appreciate is if the government so desires they can further bring the dollar down but it'll hurt exporters (including cocoa etc sectors). A typical example is the Blue Skies Ltd near Nsawam. The rise of the Cedi has so affected their incmes that they had wanted to layoff workers but for the strategic action of the government to let the Cedi slide to help exporters recover. What is undeniable is the government is on top of issues.
Ashley 1 year ago

What is sustainable about what you just wrote? The NDC has no magic wand to fix the economy. The Cedi will find its true level. We are still waiting for the 24 Hour economy. Where are the industries to and the jobs promised ...
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What is sustainable about what you just wrote? The NDC has no magic wand to fix the economy. The Cedi will find its true level. We are still waiting for the 24 Hour economy. Where are the industries to and the jobs promised?
Accranie 1 year ago

West Africa Bank/ Has Population Capital(Population Of All West Africa Countrys Put Together)/ Making Nigeria It's Single Biggest Customer/ Nigeria Has Decided To Invest This Population Capital Into Economic Zones(Special) ...
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West Africa Bank/ Has Population Capital(Population Of All West Africa Countrys Put Together)/ Making Nigeria It's Single Biggest Customer/ Nigeria Has Decided To Invest This Population Capital Into Economic Zones(Special) As It's Bankers The Rest Of West Should Have An Interest In How Nigeria Deploys This Capital

Accranie 1 year ago

To Ensure That The Economic Zones(Special) Are Managed Properly /So They Become The Vehicle That Nigeria Uses To Transform It's Economy To A Value Added One/ For Mainly Economic Growth(U.K Variant) Purposes/&The Final Mile ...
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To Ensure That The Economic Zones(Special) Are Managed Properly /So They Become The Vehicle That Nigeria Uses To Transform It's Economy To A Value Added One/ For Mainly Economic Growth(U.K Variant) Purposes/&The Final Mile Issue Of Disposal Income For The Citizens
Rita 1 year ago

This foolish man doesn’t know economics but you keep on entertaining him to talk on tv and other media platforms.

This foolish man doesn’t know economics but you keep on entertaining him to talk on tv and other media platforms.
Accranie 1 year ago

Breaking All The Rules/ To Get This Message Through/ Can Cause Me Not Getting My Danamis Lagos Skyline Branded T Shirt/ But When Heads Of Economic ManagementTeams Are Doing Go Come/Come For FDI / The Goal(Rashid Yekini Varian ...
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Breaking All The Rules/ To Get This Message Through/ Can Cause Me Not Getting My Danamis Lagos Skyline Branded T Shirt/ But When Heads Of Economic ManagementTeams Are Doing Go Come/Come For FDI / The Goal(Rashid Yekini Variant) Is To Get Multi/National Companys To Set Up Shop In Their Various Countrys/ For Growth Purposes(U.K Variant) Also/ So If They Finally Succeed In Getting The Multi/Nations To Commit/Set Up Shop/ Conditions That Will Lead These Multi/National Companys To Decide To Leave Should Be A Concern
M.T 1 year ago

You go explain taya.

You go explain taya.
Kwame Peter 1 year ago

Kwaku,nobody is gloating,dumping dollars into the economy to bring down the cedi/$ rate is not rocket science especially when you did not accumulate the forex,the NPP government could have done that and won the election or at ...
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Kwaku,nobody is gloating,dumping dollars into the economy to bring down the cedi/$ rate is not rocket science especially when you did not accumulate the forex,the NPP government could have done that and won the election or at the very least reduce the margin of defeat but would that have been responsible? Propaganda usually end up eating its practitioners,the dollar dumping was not sustainable and sensible economic policy.
Stev 1 year ago

But you were ranting before that it is the good work of the government and the bank of Ghana that yelled the good results . what is the change? Hahahaha you will talk the Truth .

But you were ranting before that it is the good work of the government and the bank of Ghana that yelled the good results . what is the change? Hahahaha you will talk the Truth .
Togbe 1 year ago

You go explain taya

You go explain taya
Accranie 1 year ago

Those Go Come/Go Come Yielded A Multi/National Company To Set Up Shop In Gh/ WoolWorth Was Such A Company But After Almost Two Decades Of Operations Decided To Call It A Day/

Those Go Come/Go Come Yielded A Multi/National Company To Set Up Shop In Gh/ WoolWorth Was Such A Company But After Almost Two Decades Of Operations Decided To Call It A Day/
Accranie 1 year ago

Lipton Tea/ Game Shopping Center/BIC Pens/ Nivea

Lipton Tea/ Game Shopping Center/BIC Pens/ Nivea
Accranie 1 year ago

Are Multi/Nations That Decided To Set Up Shop In Gh & For Reasons To Be Stated Later Had To Abandon Ship/ GlaxoSmithKline/Procter&Gamble/Unilever/ Shoprite Had Also Made The Decision To Leave Nigeria/ The Filler/ Is That Peop ...
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Are Multi/Nations That Decided To Set Up Shop In Gh & For Reasons To Be Stated Later Had To Abandon Ship/ GlaxoSmithKline/Procter&Gamble/Unilever/ Shoprite Had Also Made The Decision To Leave Nigeria/ The Filler/ Is That People By Disposition Gossip Among Themselves/ & When These Multi/Nationals Leave& Return To Their Bases/ The Reason/s That Compel Them Is More Than A Gossip/& It's Ripple/Contagious Effect / On Future Prospect Of The Go Come/Go Come On The Part Of African Heads Of Economic Management/ In Search Of FDI
Kwaku 1 year ago

Why is the bank of Ghana not taking vigorous action to withdraw some of the billions of cedis it dumped in the economy under Akuffo-Addo? Some of the lower denominations serving the population are filthy. The larger denomina ...
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Why is the bank of Ghana not taking vigorous action to withdraw some of the billions of cedis it dumped in the economy under Akuffo-Addo? Some of the lower denominations serving the population are filthy. The larger denominations...
Mensa 1 year ago

This hypocrite and chameleon sut his...mouth when the manipulations were going on .

This hypocrite and chameleon sut his...mouth when the manipulations were going on .
Accranie 1 year ago

Closer/ Is The Economic Zones(Special) The President Said Was The Vehicle To Transform The Economy/& It's Over Benefits/ The Literiture On Project Management States

Closer/ Is The Economic Zones(Special) The President Said Was The Vehicle To Transform The Economy/& It's Over Benefits/ The Literiture On Project Management States
Accranie 1 year ago

That The First Thing In The Morning Issue/ For Any Project/Is To State The Problem/s/ The Project Is To Solve

That The First Thing In The Morning Issue/ For Any Project/Is To State The Problem/s/ The Project Is To Solve
Accranie 1 year ago

Before/ I Hand Over To Certified Project Management Professionals The Reason President Buhari Stated For The The Economic Zones(Special) Is Value Addition To Raw Materials To Make The Nation A Production Based Economy/ So
1. ...
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Before/ I Hand Over To Certified Project Management Professionals The Reason President Buhari Stated For The The Economic Zones(Special) Is Value Addition To Raw Materials To Make The Nation A Production Based Economy/ So
1.Purpose Of Project
2.Feasibility Study/s
Professional Project Management Experts Should Help Us Out With What Needs/Needed To Be Done
Accranie 1 year ago

Gh People Already Know What's Loading/ The New Big Word In Town Key Performance Indicators

Gh People Already Know What's Loading/ The New Big Word In Town Key Performance Indicators
Accranie 1 year ago

The Next Level Political Party Manifesto/ Was OutDoored In 2019 By President Buhari/With Emphasis On Economic Zones(Special) As The Vehicle To Transform The Nigerian Economy/ The Manifesto Has Run It's Course/& All The KPI's ...
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The Next Level Political Party Manifesto/ Was OutDoored In 2019 By President Buhari/With Emphasis On Economic Zones(Special) As The Vehicle To Transform The Nigerian Economy/ The Manifesto Has Run It's Course/& All The KPI's Don't Xoxo To The Fact That The Nigerian Economy Has Been Transformed In A Material(CIMA Variant) Manner/ Meaning The Overflow Benefit Of Well Paying Jobs/ Which Could Have Accrued To The Nigerian Skilled Labour Force/ Is Yet To Come Into Fruition
It's A Known Fact That Most Multi/Nations Companys Remuneration Is Something That Can Afford The Nigerian Indigines A Form Of Middle Class Way Of Life/ As One Gh Pastor Praised/ They Pay Well
Accranie 1 year ago

@As Things Stand Now The Leaving Of Multi/National Companys/&The Lack Of Material(CIMA Variant) Progress On The Economic Zones(Special) Initiative/ Has Meant Upward Mobility Has Been Held For The Nigerian/&Nigerian Economy/ S ...
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@As Things Stand Now The Leaving Of Multi/National Companys/&The Lack Of Material(CIMA Variant) Progress On The Economic Zones(Special) Initiative/ Has Meant Upward Mobility Has Been Held For The Nigerian/&Nigerian Economy/ So No Additional Income/Disposal Income/ To Afford The Products& Services Of Muti/Nationals Companys
Accranie 1 year ago

@SarkinYarki Where Did You Get Those Statistics Of Disposal Income From?

@SarkinYarki Where Did You Get Those Statistics Of Disposal Income From?
Mumeen 1 year ago

It's still better than akufu addo time

It's still better than akufu addo time
Lordma 1 year ago

Massa you are not talking anything as you called yourself economic man press as to go the street and ask questions instead of sitting in their offices speaching noisence

Massa you are not talking anything as you called yourself economic man press as to go the street and ask questions instead of sitting in their offices speaching noisence
GEORGE Anane 1 year ago

How much was the exchange rate between the cedi and the dollar before covid-19 ?
Are we saying the exchange rate cannot go below the 8 cedis or 5 cedis mark ?
We are jokers.
Where are the economists and and the finance pro ...
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How much was the exchange rate between the cedi and the dollar before covid-19 ?
Are we saying the exchange rate cannot go below the 8 cedis or 5 cedis mark ?
We are jokers.
Where are the economists and and the finance professors and doctors ?
It's a shame we cannot put the fundamentals right to put the economy in shape.
This is the reason our you very educated and energetic will throng the embassies for visas to get away from Ghana.
God save us

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From GH¢10.5 to GH¢12: Joe Jackson explains why current rate is more realistic

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