I think we need to thank God for having people like you Ghana today. I would like to advise that, you will use your influence to affect all stakeholders such as BoG, small bussiness, etc. And sometimes come out occasionally o ... read full comment
I think we need to thank God for having people like you Ghana today. I would like to advise that, you will use your influence to affect all stakeholders such as BoG, small bussiness, etc. And sometimes come out occasionally on fm stations and educate the masses. Thank you.
DAN 11 years ago
home loans for 30 years in usa is 3.88%, car loan for 5-6 years is 4.9% but savings only brings in .75%
home loans for 30 years in usa is 3.88%, car loan for 5-6 years is 4.9% but savings only brings in .75%
JJ 11 years ago
WOW INTERESTING TO HEAR AND HOW LONG WILL THAT TAKE ANOTHER 200YRS SINCE THERE IS NO STREET NAMING OR PROPER ADDRESS ASSIGNED TO INDIVIDUALS. NO DATABASE, SO HOW DO EVEN TRACK PEOPLE WHETHER CITIZENS OR FOREIGNERS NO WONDER C ... read full comment
WOW INTERESTING TO HEAR AND HOW LONG WILL THAT TAKE ANOTHER 200YRS SINCE THERE IS NO STREET NAMING OR PROPER ADDRESS ASSIGNED TO INDIVIDUALS. NO DATABASE, SO HOW DO EVEN TRACK PEOPLE WHETHER CITIZENS OR FOREIGNERS NO WONDER CHINESE ARE ILLEGALLY MINING IN THE COUNTRY.
Yaw-Norway 11 years ago
That is the problem we face. we lack the appropriate database even to distinguish local foreigners from citizens. I wonder what the statistical service data from data they retrieved during census.
That is the problem we face. we lack the appropriate database even to distinguish local foreigners from citizens. I wonder what the statistical service data from data they retrieved during census.
JJ 11 years ago
WILL NEVER HAPPEN BECAUSE OF SLAVE MENTALITY. NO STREET NAMING COMPLETED, NO ADDRESSES SO HOW DO ENORCE THAT AND IDENTIFY WHERE PEOPLE ARE.
WILL NEVER HAPPEN BECAUSE OF SLAVE MENTALITY. NO STREET NAMING COMPLETED, NO ADDRESSES SO HOW DO ENORCE THAT AND IDENTIFY WHERE PEOPLE ARE.
Gotlieb Gbotsyo Agamah 11 years ago
Mr Ahiafor, you are batting for your business, there are more pressing need in the economy than parasitic agencies like credit bureau.
I hope people like would come out authentic ideas that would benefit the majority of Gh ... read full comment
Mr Ahiafor, you are batting for your business, there are more pressing need in the economy than parasitic agencies like credit bureau.
I hope people like would come out authentic ideas that would benefit the majority of Ghanaians and not the very few and foreigners.
The truth about large scale credit facility in an economy is that majority of the population becomes slaves to a few people and multi-nataionlas like parasitic, and armed-robbers-without-gun institutions like the banks.
As has been shown in the declining advanced economies frugality and savings culture would create a better society in the long-run than the credit-a-washed, which is bringing untold hardships to many so-called strong economies.
DAN 11 years ago
under a tent? Even apartment rentals in usa require a rental history. The 3 credit agencys can tell banks in usa wether to loan you $50,000 for a Tahoe or explorer or $300,000 for a home. But even they don't know if you will ... read full comment
under a tent? Even apartment rentals in usa require a rental history. The 3 credit agencys can tell banks in usa wether to loan you $50,000 for a Tahoe or explorer or $300,000 for a home. But even they don't know if you will be sacked from your job later!
GHFUO, BE SERIOUS NOT PRIDEFUL! 11 years ago
Story: How to Kill a Wolf - (Eskimo Style)..HIPC STUNTING OUR GROWTH
Up in the arctic circle there is tribe of Eskimo's who have learned to set
a very simple yet effective trap for wolves. First they sharpen a knife
razor ... read full comment
Story: How to Kill a Wolf - (Eskimo Style)..HIPC STUNTING OUR GROWTH
Up in the arctic circle there is tribe of Eskimo's who have learned to set
a very simple yet effective trap for wolves. First they sharpen a knife
razor sharp. Then they dip it in the blood of a seal they have killed.
(you see seals are fairly easy to trap but wolves are very dangerous).
After dipping the knife in blood they set it outside in the cold so the
blood freezes on the knife. After if freezes (a matter of minutes) they
dip it again into the seal blood and again take it out an let the blood
freeze. Layer after layer they make a blood popsicle. When they are done,
the knife's blade is hidden inside just like a popsicle stick. Now they
take the knife out into the wilderness where they think a wolf might be.
There the bury the handle of the knife in the snow leaving the blood
popsicle standing up and they leave.
Now after a while a wolf will come along guided by his sense of smell and
find the "bloodsicle". He will being licking it, enjoying every taste.
Over and over he licks the knife and soon his tongue is so cold he cannot
feel it any longer. It's numb. But his taste for blood is growing and he
is not getting as much as he wants - you see, popsicles are slow eating.
Finally his licking exposes the razor sharp edge of the knife. It cuts
into his tongue again and again but he does not even notice for his tongue
can no longer feel anything. The wolfs own blood now flows from his cut
tongue. The wolf is thrilled, blood is now more plentiful and he continues
to lick more and more.
Soon he notices something is wrong, he is getting weaker not stronger.
Since he knows blood as food he increases his efforts to feed on the ever
increasing flow of blood. His last thoughts are of how good the now warm
blood tastes. Within minutes he licks his last and collapse next to the
now fully exposed knife. Here the Eskimo knows he will find the wolfs
body the next morning.
ABROKYIR = Dilusions of Grandeur
DAN 11 years ago
but i'm happy for now as slave to 2013 gmc sierra $23,000...So go hop on the tro-tro
but i'm happy for now as slave to 2013 gmc sierra $23,000...So go hop on the tro-tro
wisdom 11 years ago
Wise people clearly understand this simple but yet very powerful ideas. This kind of Credit bureau drives developed nations like USA/UK etc... However,most Ghanaians like those with no clear understanding of the times and sea ... read full comment
Wise people clearly understand this simple but yet very powerful ideas. This kind of Credit bureau drives developed nations like USA/UK etc... However,most Ghanaians like those with no clear understanding of the times and seasons we live in, are opposing it.Good work Ahiafor. Data is the blood life of a nation....
Ken Ntiamoa 11 years ago
It appears people in some form of authority don't know the duties of a Central Bank. I have read somewhere where it was indicated that Bank of Ghana had directed all banks in Ghana not to do business with a person or a busine ... read full comment
It appears people in some form of authority don't know the duties of a Central Bank. I have read somewhere where it was indicated that Bank of Ghana had directed all banks in Ghana not to do business with a person or a business entity. No where in the civilized world does a central bank regulate Credit Bureaus. So, Mr Ahiafor, while I agree with you on reliance on credit bureau in collecting and sharing information for credit purposes, your call on Bank of Ghana to do this or that is unnecessary anduncalled for, becuase that is not the job of a Central Bank.
Ken
agyabroni 11 years ago
WHO TOLD YOU THAT ITS NOT A FUNCTION OF B O G? mR AHIAFOR KNOWS EXACTLY WHAT HE IS SAYING! THE BANK ISSUED PROPOSALS FOR THE ESTAB. OF CREDIT REPORT. AGENCIES,WITH RULES®S,INCL. FEES AND THEIR MODES OF OPERATION.PROBAB.YOU ... read full comment
WHO TOLD YOU THAT ITS NOT A FUNCTION OF B O G? mR AHIAFOR KNOWS EXACTLY WHAT HE IS SAYING! THE BANK ISSUED PROPOSALS FOR THE ESTAB. OF CREDIT REPORT. AGENCIES,WITH RULES®S,INCL. FEES AND THEIR MODES OF OPERATION.PROBAB.YOU LIVE IN USAWHERE EVRTN IS DIFFERENT.IN USA THEY AREGULATED BY THE CONSUMER FINANCE PROTECTION BOARD (CFPB)PLEASE ALWAYS SAY WHAT YOU KNOW.
RINGO 11 years ago
Thank you,Mr Ahiafor.If they do it in the developed nations we can also do it.However,unlike the advanced nations I am afraid we are going to face many challenges.In a corrupt nation like ours where any foreigner can enter a ... read full comment
Thank you,Mr Ahiafor.If they do it in the developed nations we can also do it.However,unlike the advanced nations I am afraid we are going to face many challenges.In a corrupt nation like ours where any foreigner can enter and get a passport and social security number with a fake name and fake address,we have a lot of work to do.
Kwadwo Mante 11 years ago
I agree 100% with Mr Ahiafor. I live in Europe and the majority of people live on credit which is easily accessible at interest rate proportional to the risk profile of each individual. The only place to find comprehensive ri ... read full comment
I agree 100% with Mr Ahiafor. I live in Europe and the majority of people live on credit which is easily accessible at interest rate proportional to the risk profile of each individual. The only place to find comprehensive risk information is from credit Reference Agencies. The likes of XDS Data must be supported through the enforcement of the Credit Reporting Act of 2007 so that all banks and financial institution are obligated to file their customer's credit information with XDS data or Dun & Bradstreet (The 2nd Credit reference agency in Ghana)
I think we need to thank God for having people like you Ghana today. I would like to advise that, you will use your influence to affect all stakeholders such as BoG, small bussiness, etc. And sometimes come out occasionally o ...
read full comment
home loans for 30 years in usa is 3.88%, car loan for 5-6 years is 4.9% but savings only brings in .75%
WOW INTERESTING TO HEAR AND HOW LONG WILL THAT TAKE ANOTHER 200YRS SINCE THERE IS NO STREET NAMING OR PROPER ADDRESS ASSIGNED TO INDIVIDUALS. NO DATABASE, SO HOW DO EVEN TRACK PEOPLE WHETHER CITIZENS OR FOREIGNERS NO WONDER C ...
read full comment
That is the problem we face. we lack the appropriate database even to distinguish local foreigners from citizens. I wonder what the statistical service data from data they retrieved during census.
WILL NEVER HAPPEN BECAUSE OF SLAVE MENTALITY. NO STREET NAMING COMPLETED, NO ADDRESSES SO HOW DO ENORCE THAT AND IDENTIFY WHERE PEOPLE ARE.
Mr Ahiafor, you are batting for your business, there are more pressing need in the economy than parasitic agencies like credit bureau.
I hope people like would come out authentic ideas that would benefit the majority of Gh ...
read full comment
under a tent? Even apartment rentals in usa require a rental history. The 3 credit agencys can tell banks in usa wether to loan you $50,000 for a Tahoe or explorer or $300,000 for a home. But even they don't know if you will ...
read full comment
Story: How to Kill a Wolf - (Eskimo Style)..HIPC STUNTING OUR GROWTH
Up in the arctic circle there is tribe of Eskimo's who have learned to set
a very simple yet effective trap for wolves. First they sharpen a knife
razor ...
read full comment
but i'm happy for now as slave to 2013 gmc sierra $23,000...So go hop on the tro-tro
Wise people clearly understand this simple but yet very powerful ideas. This kind of Credit bureau drives developed nations like USA/UK etc... However,most Ghanaians like those with no clear understanding of the times and sea ...
read full comment
It appears people in some form of authority don't know the duties of a Central Bank. I have read somewhere where it was indicated that Bank of Ghana had directed all banks in Ghana not to do business with a person or a busine ...
read full comment
WHO TOLD YOU THAT ITS NOT A FUNCTION OF B O G? mR AHIAFOR KNOWS EXACTLY WHAT HE IS SAYING! THE BANK ISSUED PROPOSALS FOR THE ESTAB. OF CREDIT REPORT. AGENCIES,WITH RULES®S,INCL. FEES AND THEIR MODES OF OPERATION.PROBAB.YOU ...
read full comment
Thank you,Mr Ahiafor.If they do it in the developed nations we can also do it.However,unlike the advanced nations I am afraid we are going to face many challenges.In a corrupt nation like ours where any foreigner can enter a ...
read full comment
I agree 100% with Mr Ahiafor. I live in Europe and the majority of people live on credit which is easily accessible at interest rate proportional to the risk profile of each individual. The only place to find comprehensive ri ...
read full comment