Foreign remittances to Africa surge

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• Joe Turkey 12 years ago

  This may sound petty, but if you live outside Ghana, for instance, and family and friends have your phone number, you will appreciate the increasing number of folks who can not pay their kids school fees, medical bills or eve ...
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  This may sound petty, but if you live outside Ghana, for instance, and family and friends have your phone number, you will appreciate the increasing number of folks who can not pay their kids school fees, medical bills or even the day's meal. Ironically, an increasing number of politicians keep holidaying in the West - sometimes, only to deposit their loot. I have African and Middle Eastern friends who tell me the same things. None of these remittances is a result of (or results in) direct investment. Increase in remittances, anecdotally, is the result of increased poverty. Survival, if you like.

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• GHANANI 12 years ago

  DON"T BELIEVE ANYTHING THE SO-CALLED WORLD BANK SAYS.

  DON"T BELIEVE ANYTHING THE SO-CALLED WORLD BANK SAYS.

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• messa 12 years ago

  in most of the world education up to 8th grade is free here we struggle to pay our bills and school fees are high ,you would think that in an oil producing country like ghana the govrenment will help falks to send their kids ...
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  in most of the world education up to 8th grade is free here we struggle to pay our bills and school fees are high ,you would think that in an oil producing country like ghana the govrenment will help falks to send their kids to school but they are not
  instead they kill jobs ,kill busniss and tax people to death .even basic water and electric utility bill are now a big struggle when will mahama and ndc understand that it is a time to lead not to panish ghana hard working falks that are struggling

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• DAN 12 years ago

  13 years of school is free in america(paid with income tax, and other tax)

  13 years of school is free in america(paid with income tax, and other tax)

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• Kofi 12 years ago

  I hope this prediction is true seeing that there is probably going to be a MELTDOWN in the USA economy pretty soon.

  I hope this prediction is true seeing that there is probably going to be a MELTDOWN in the USA economy pretty soon.

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• DAN 12 years ago

  where do you think all those estern union and money grams are coming from??? Uk,Germany?????? I send my wifes sisters 100 cedi every week! Dream on...Where do you think all the money going to China is coming from..Whores work ...
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  where do you think all those estern union and money grams are coming from??? Uk,Germany?????? I send my wifes sisters 100 cedi every week! Dream on...Where do you think all the money going to China is coming from..Whores working in usa massage parlors charging $50-$70 per hour, sending money to their family...And of course they are huge amounts of Indians in america running small hotels and places to eat! Your an idiot..Low funds to caribean, mean either illegals citizens in usa have returned to islands or their citizens in UK( remember Jamaicans are uk colony) returned to islands or have no jobs..You idiot

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• Kofi 12 years ago

  How much will African politicians "remit" from Africa to the West?

  How much will African politicians "remit" from Africa to the West?

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• DAN 12 years ago

  American banks send information to the Internal Revenue Service & require id so the money is taxed...Thats why rich americans have Swiss accounts too!

  American banks send information to the Internal Revenue Service & require id so the money is taxed...Thats why rich americans have Swiss accounts too!

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• Miss Manners 12 years ago

  The cost of sending money or anything to Ghana is too expensive. I also send barrels to family in the Carribean and it is cheaper than the Ghana door to door.
  
  The govt needs to liberalise the system for domestic use and ...
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  The cost of sending money or anything to Ghana is too expensive. I also send barrels to family in the Carribean and it is cheaper than the Ghana door to door.
  
  The govt needs to liberalise the system for domestic use and fine the Chinese for dumping their disgusting plastic junk on Ghanaian consumers.

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• joe.boston 12 years ago

  During the NPP reign, Kuffour, the JAKass used to announce the foreign remittance to Ghana himself and credit any increase to "confidence in his administration". The guy really deserved "gold chain" for stupidity. What a sha ...
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  During the NPP reign, Kuffour, the JAKass used to announce the foreign remittance to Ghana himself and credit any increase to "confidence in his administration". The guy really deserved "gold chain" for stupidity. What a shame, what a thief!

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