Make cedi predictable – UT boss

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• Kwame Boateng 10 years ago

  Well said my brother. This is non-partisan suggestion. The indifference of the government is killing local industry and and such beautiful companies as UT.

  Well said my brother. This is non-partisan suggestion. The indifference of the government is killing local industry and and such beautiful companies as UT.

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• George 10 years ago

  You want to know so you can hijack tge dollar to your profit...l like the way the BOG is doing now and it helping the cedi appreciating cos tgese speculators dont know when they will lose...hahahaaaaa

  You want to know so you can hijack tge dollar to your profit...l like the way the BOG is doing now and it helping the cedi appreciating cos tgese speculators dont know when they will lose...hahahaaaaa

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• dadi 10 years ago

  May I say that there are people in the government who agree with what you are saying. The unfortunate thing is that we have mortgaged our economic future to the extent that we are incapable to institute any workable economic ...
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  May I say that there are people in the government who agree with what you are saying. The unfortunate thing is that we have mortgaged our economic future to the extent that we are incapable to institute any workable economic policies to solve our problems.
  You cannot borrow to feed the corrupt machinery we have in Ghana.
  
  If you borrow money to support your lifestyle, pay political cronies, you will always be broke.
  
  These guys do not know economics 101 period.

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• Mouri-Jay 10 years ago

  This guy is perfectly right. One can not engage in a meaningful business without knowing what the future holds. The government should invest in export oriented products in order to generate foreign currencies to sustain the u ...
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  This guy is perfectly right. One can not engage in a meaningful business without knowing what the future holds. The government should invest in export oriented products in order to generate foreign currencies to sustain the unpredictability trend of the cedis.

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• Shantel kwasi 10 years ago

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• Dauda Fusseini, London. 10 years ago

  You are a real prince and a Santaclausian.You talk sense ; I am very proud of you. Please keep advising the government.

  You are a real prince and a Santaclausian.You talk sense ; I am very proud of you. Please keep advising the government.

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• Jnr Mandela 10 years ago

  Good gracious; so, this is a bank CEO? Wow, speaks well of the level of ignorance in Africa. How can a government make a floating currency regime predicable? Jesus Christ have mercy on our people. You want a predictable curre ...
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  Good gracious; so, this is a bank CEO? Wow, speaks well of the level of ignorance in Africa. How can a government make a floating currency regime predicable? Jesus Christ have mercy on our people. You want a predictable currency? Ask the government of Ghana to move to a fixed currency regime like China has

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• Wanted 10 years ago

  UT Bank representative is not "ignorant" It is rather you. What did he say to warrant your comments.

  UT Bank representative is not "ignorant" It is rather you. What did he say to warrant your comments.

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• Jnr Mandela 10 years ago

  If he understands how floating currencies work he wouldn't talk about government making the cedi predicatable. if he wants predictable currency then he should have his government pursue a currency policy similar to China. Aga ...
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  If he understands how floating currencies work he wouldn't talk about government making the cedi predicatable. if he wants predictable currency then he should have his government pursue a currency policy similar to China. Again sad that a bank CEO would make those comments, granted unless this reporting is inaccurate. I am a finance professional who does currency trading on the side. It certainly is ignorance talk, don't expect such talk from a bank CEO

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• My brother's keeper 10 years ago

  " I am not saying appreciation or stability, but predictability of the cedi”. Very well said sir. Is he asking for too much?

  " I am not saying appreciation or stability, but predictability of the cedi”. Very well said sir. Is he asking for too much?

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• Crackadoddledooooo 10 years ago

  Only an economy that has policies and incentives to encourage industrialists and agricultural ventures that actually add value and develop into exporting companies will help stabilise the Cedi. No amount of government interve ...
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  Only an economy that has policies and incentives to encourage industrialists and agricultural ventures that actually add value and develop into exporting companies will help stabilise the Cedi. No amount of government intervention can sustain the currency when we have minimal reserves. We cannot keep borrowing to stabilise the currency. Bankers including this UT boss need to fund the real sectors of the economy with reasonable interest rates that can develop into export earning ventures if they want a predictable and stable cedi.

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