Editorial: Mendacious figures

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• Lord Tennison 11 years ago

  I have thought about this and cannot n really figure out what Dr.Bawumiah was referring to as 'cooked'exchange rate.There is bound to be a difference between the rate offered by the Bank of Ghana and the Forex Bureaux and the ...
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  I have thought about this and cannot n really figure out what Dr.Bawumiah was referring to as 'cooked'exchange rate.There is bound to be a difference between the rate offered by the Bank of Ghana and the Forex Bureaux and the commercial banks because of mark-ups.
  Even the inter-bank rate should reflect variations due to competition for clients and the cost associated with buying and selling the currencies by each bank.Though the disparity should not point to a wide spread(the difference between the Bid(Sell)/Ask(Buy).

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• The mask 11 years ago

  We need a progressive policy. All adverts in Ghana must be created by wholly owned Ghanaian businesses and the songs and celebrities in the adverts must be wholly Ghanaian. The celebrities and musicians must receive royalties ...
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  We need a progressive policy. All adverts in Ghana must be created by wholly owned Ghanaian businesses and the songs and celebrities in the adverts must be wholly Ghanaian. The celebrities and musicians must receive royalties. All the wholly owned Ghanaian entities must use wholly owned Ghanaian banks like ADB.
  
  We must move into the era of music/movies as a service (MAAS). At least 7 out of every 10 songs, movies and TV series played on our television stations, radio stations and entertainment centres must be wholly Ghanaian and must be produced in Ghana. These stations and entertainment centres must pay on a monthly or annual basis royalties to the Ghanaian artists. The amounts paid must be reasonable taking into consideration the profits of the entertainment establishments. However they must not pay any money whatsoever to the foreign artists because of the negative effect it would have on our GDP. The Ghanaian artists must use wholly owned Ghanaian banks like ADB. Many people can recall great shows like: Kukurantumi-road to Accra, Ultimate paradise, By the fireside, I told you so, things we do for love, Akan drama with osofo dadzie, obra and co, home sweet home, TV theatre, Dr Paa Bobo´s songs etc
  
  There is lack of will and this must change.

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• Boubacar Tuggar 11 years ago

  Wow - a serious report and an indictment on a huge serious scale. Obviously this information has its roots founded in solid ground. I am watching this space with interest. I know bankers in the past have been professional but ...
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  Wow - a serious report and an indictment on a huge serious scale. Obviously this information has its roots founded in solid ground. I am watching this space with interest. I know bankers in the past have been professional but this is something else.

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• Cole 11 years ago

  Who submitted this garbage in the first place?. If you did this before the IMF's' explanation of the 71%,then you are yourself the "uninformed".
  If you submitted this political nonsense even after the official's explanatio ...
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  Who submitted this garbage in the first place?. If you did this before the IMF's' explanation of the 71%,then you are yourself the "uninformed".
  If you submitted this political nonsense even after the official's explanation, then you're an idiot & a saboteur!.

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