How the IMF manipulates Ghana's economies

Read Comments Comments (28)

• G. K. Berko 10 years ago

  Well summarized! I have always wondered why we waste so much time fighting among ourselves and fail to seriously question these inimical Economic prescriptions the IMF/WB repeatedly feed us with.
  
  If we could spend half of ...
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  Well summarized! I have always wondered why we waste so much time fighting among ourselves and fail to seriously question these inimical Economic prescriptions the IMF/WB repeatedly feed us with.
  
  If we could spend half of the time and Academic surgical credits we have spent on the Election Petition discourse in incising our Economic problem, we would be able to devise our own means of succeeding without the IMF.
  
  I strongly believe that we have the requisite Expertise to navigate our Economy to success on our own. But it is simply the selfish parochial interests of our Leaders that has always been in the way.
  
  Ever since Sam Jona deviously manipulated to sell off our Ashanti Gold Mine to the British to earn him the Queen's adulation and the title of "Sir", I have never retreated from believing we are ensnared in a shrewd Economic recolonization.
  
  Then followed the behind-the-curtains sale of our Telecoms to the same British for peanuts. And then followed the rash give-away of our Oil Fields to Kosmos et al.
  
  What else would we have to give away for the rest of us to acknowledge that we have been misled, and tricked to turn our trump cards over again to the very folks our forebears risked their lives to protect our Assets from?
  
  I know opinions like this do not sit well with many of our enlightened Academicians who prefer we remain at the foot of the Queen's throne to wait for the crumbs that might just fall off her dining table. But haven't we waited for far too long?
  
  It is most disheartening that after the HIPC, we are back to almost the same point before its adoption. We do not want to hear any long thesis of some Macroeconomic theory. We want to see practical positive results from our leaders managing our Economy. We want to see the pillaging of our Resources stopped now. We want to see more of our Economic Plans originated by us and implemented by us, and not dictated to us by the IMF, etc. We want to see our leaders govern with a little bit more honesty and integrity for once.
  
  This is the time all our patriotic Experts from all walks of life and professions, regardless of their Partisan affiliations, seriously have to come together to carve our own lane to chart in.
  
  When Argentina declined the bitter pill offered by the IMF/World Bank following her Economic meltdown, little did many believe she would survive. But she rejuvenated herself admirably. We must not fear losing our friendship with the West because we would not take every prescription their Economic advisers offer us. No, we should not turn the other way to seek some failed Commie proposition either. We should be bold to identify what is best for us and firmly refuse any shady advice from either the West or the East. Their Advice has always muffled our goals. It comes with various conditions, overt and covert, that eventually forces us to crawl back to them for stipends to survive.
  
  Let us take this Article seriously and not relegate it to the usual charge of unachievable pan-african or nationalist hot air.
  
  Long Live Ghana!!!

  reply
• Nana 10 years ago

  Great article.As long as Ghana keeps begging the IMF for loans, they are going to tell us what to do.

  Great article.As long as Ghana keeps begging the IMF for loans, they are going to tell us what to do.

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• Kofi of Africa 10 years ago

  Nana,
  
  You are right. This is why I have posted many articles suggesting an innovate way for Ghana to raise the funds needed for industrialisation (I will post a major one soon).
  
  We have no option of continuing to mortg ...
  read full comment

  Nana,
  
  You are right. This is why I have posted many articles suggesting an innovate way for Ghana to raise the funds needed for industrialisation (I will post a major one soon).
  
  We have no option of continuing to mortgage our lives on the IMF-SAP, or borrowing on the extortionate western financial markets. We must NATIONALISE all our key economic sectors outright, to gain the massive levels of funds needed to effect the launching of a 10-15 year, Development and Modernisation Programm (DMP).
  
  The DMP will be science and technology and industrialised manufacturing export focused. It will mobilise the entire Ghanaian population without bias to ethnicity, age and gender, to work hard to implement the DMP objectives.
  
  The DMP will build industries, universal public infractructure (roads, rail and tram lines, airways, shipping lines)public institutions - well-resourced schools, polytechnics, universities, polyclinics/hospitals, housing projects, etc.
  
  The outcome: full employment, available and affordable education, housing, healthcare; abundant food and material goods, public leisure amenities, etc.
  
  Like the Asian Tiger economies, this will be the best way to quickly transform Ghana/Africa in our lifetime. What our lazy, tremulous leader (PNDC, NDC-NPP) have been doing since December 1982, is chasing after their ails - fooling Ghanaians!
  
  This is the context I have called them court jesters! Why? they are quick to incestuously increase their salaries and exgratia; sell and buy our state lands, houses and cars among themselves (refer to the Obetsebi-Lamptey house and land sales) and go to court over the elections to be empowered to misrule us the more, but they are not so smart to find the wherewithal to fund and launch a 10-15 year DMP? Tell me about laziness and bankruptcy of leadership ideas!
  
  Dr. Nkrumah sloganised the DMP as: WORK AND HAPPINESS!
  
  We must our wits about us as a people - where did all that education walk to?
  
  Regards.

  reply
• AYI 10 years ago

  AFRICA/BLACK RACE GLOBALLY USE ALL/EVERY MEANS, /AT ALL COST/BY ANY MEANS NECESSARY RADICAL MEANS TO UNITE. AFRICA/BLACK RACE GLOBALLY BE SELF-SUFFICIENT, USE YOUR RESOURCES TO FUND YOUR RADICAL MEANS OF UNITY.
  
  PREZ KWAME ...
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  AFRICA/BLACK RACE GLOBALLY USE ALL/EVERY MEANS, /AT ALL COST/BY ANY MEANS NECESSARY RADICAL MEANS TO UNITE. AFRICA/BLACK RACE GLOBALLY BE SELF-SUFFICIENT, USE YOUR RESOURCES TO FUND YOUR RADICAL MEANS OF UNITY.
  
  PREZ KWAME NKRUMAH MADE A SPEECH DURING GHANA INDEPENDENCE DAY THAT “FROM NOW ON WE MUST CHANGE OUR ATTITUDE AND MINDS”. THAT IS, WE SHOULD NOT ALLOW OURSELVES TO BE RULED/GOVERN/DOMINATE BY ALIENS/FOREIGNERS.
  
  GHANA DEVELOPMENT PATHS IS GHANA MUST REPENT QUICKLY AND EMBRACE DR. KWAME NKRUMAH AND HIS VISIONS ABOUT GHANA/ AFRICA/BLACK RACE GLOBALLY, TO HELP GHANA AND AFRICA/BLACK RACE GLOBALLY DEVELOP/MOVE TO THE TOP.
  
  AFRICA/BLACK RACE GLOBALLY DEVELOPMENT PATHS IS AFRICA/BLACK RACE GLOBALLY MUST QUICKLY EMBRACE HON MARCUS GARVEY, DR. KWAME NKRUMAH, MALCOM X AND THEIR VISIONS FOR AFRICA/BLACK RACE GLOBALLY, WITHOUT DELAY TO HELP AFRICA/BLACK RACE GLOBALLY DEVELOP/ MOVE TO THE TOP. IT IS TOO FRAGILE/DANGEROUS FOR AFRICA/BLACK RACE GLOBALLY TO WASTE TIME IN EMBRACING HON MARCUS GARVEY, DR. KWAME NKRUMAH, MALCOM X AND THEIR VISIONS FOR AFRICA/BLACK RACE GLOBALLY. EVERY AFRICAN/STUDENT/ PERSON OF BLACK RACE GLOBALLY FROM THE LOWEST GRADE/KINGDERGARDEN TO THE MOST HIGHEST EDUCATION/UNIVERSITY AND EVERY PROFESSOR MUST/COMPULSORY STUDY HON MARCUS GARVEY’S, DR. KWAME NKRUMAH’S, MALCOM X’S TEACHINGS/IDEAS/VISIONS ABOUT AFRICA. GOD BLESSES AFRICA AMEN.

  reply
• Okoe 10 years ago

  Ghana, I shall lend you 3 billion dollars and it jumps to accept, but have you thought of how to pay for it and when? If you read the news you will see people who borrowed money from the banks and did not pay are having their ...
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  Ghana, I shall lend you 3 billion dollars and it jumps to accept, but have you thought of how to pay for it and when? If you read the news you will see people who borrowed money from the banks and did not pay are having their properties being sold. Did any read how we will pay for the 3 billion and what happens if we are unable to pay? Do you respect a person who cannot live on his salary but always borrowing and look like he/she is rich? We are selling everything to the foreigners because we like cheap money instead of working to earn it, and we will be enslaved gradually. This is leadership for you!!!

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• Kofi of Africa 10 years ago

  Okoe,
  
  I agree with you. Our leaders like putting pen to paper to borrow money from the west, but lack the ideas to know what to do with it.
  
  This is why I say this:
  
  We have no option to continue mortgaging our lives t ...
  read full comment

  Okoe,
  
  I agree with you. Our leaders like putting pen to paper to borrow money from the west, but lack the ideas to know what to do with it.
  
  This is why I say this:
  
  We have no option to continue mortgaging our lives to the IMF-SAP, or borrowing on the extortionate western financial markets.
  
  We must NATIONALISE all our key economic sectors outright, to gain the massive levels of funds needed to effect the launching of a 10-15 year, Development and Modernisation Programm (DMP).
  
  The DMP will be science and technology and industrialised manufacturing export focused. It will mobilise the entire Ghanaian population without bias to ethnicity, age and gender, to work hard to implement the DMP objectives.
  
  The DMP will build industries, universal public infractructure (roads, rail and tram lines, airways, shipping lines)public institutions - well-resourced schools, polytechnics, universities, polyclinics/hospitals, housing projects, etc.
  
  The outcome: full employment, available and affordable education, housing, healthcare; abundant food and material goods, public leisure amenities, etc.
  
  Like the Asian Tiger economies, this will be the best way to quickly transform Ghana/Africa in our lifetime. What our lazy, tremulous leader (PNDC, NDC-NPP) have been doing since December 1982, is chasing after their ails - fooling Ghanaians!
  
  This is the context I have called them court jesters! Why? they are quick to incestuously increase their salaries and exgratia; sell and buy our state lands, houses and cars among themselves (refer to the Obetsebi-Lamptey house and land sales) and go to court over the elections to be empowered to misrule us the more, but they are not so smart to find the wherewithal to fund and launch a 10-15 year DMP? Tell me about laziness and bankruptcy of leadership ideas!
  
  Dr. Nkrumah sloganised the DMP as: WORK AND HAPPINESS!
  
  We must our wits about us as a people - where did all that education walk to?
  
  Regards.

  reply
• Kofi of Africa 10 years ago

  G.K. Berko,
  
  Your comments is informed and patriotic. I pick up on this quote:
  
  '
  Ever since Sam Jonah deviously manipulated to sell off our Ashanti Gold Mine to the British to earn him the Queen's adulation and the tit ...
  read full comment

  G.K. Berko,
  
  Your comments is informed and patriotic. I pick up on this quote:
  
  '
  Ever since Sam Jonah deviously manipulated to sell off our Ashanti Gold Mine to the British to earn him the Queen's adulation and the title of "Sir", I have never retreated from believing we are ensnared in a shrewd Economic recolonization.'
  
  
  You are right about the treacherous Sam Jonah's (I misspelled his name) knighthood by the English Queen. Knighthoods of local elites in former colonies, demonstrates they have been approved as trusted servants (neocolonial comprador classes) of their imperial overlords. It started with Queen Elizabeth 1, who knighted Sir Walter Raleigh, Henry Morgan and other pirates of the Caribbean sea, who looted gold and other riches from the Spanish Armada. That is how Britain became a world economic power - economic piracy like they are doing in Ghana!
  
  Regards.

  reply
• JOJO 10 years ago

  SHAME TO PREVIOUS, CURRENT AND FUTURE LEADERS WHO WILL LISTEN TO THESE BOZOS

  SHAME TO PREVIOUS, CURRENT AND FUTURE LEADERS WHO WILL LISTEN TO THESE BOZOS

  reply
• Kofi of Africa 10 years ago

  Jojo,
  
  There is a way forward:
  
  We must NATIONALISE all our key economic sectors outright, to gain the massive levels of funds needed to effect the launching of a 10-15 year, Development and Modernisation Programm (DMP).
  ...
  read full comment

  Jojo,
  
  There is a way forward:
  
  We must NATIONALISE all our key economic sectors outright, to gain the massive levels of funds needed to effect the launching of a 10-15 year, Development and Modernisation Programm (DMP).
  
  The DMP will be science and technology and industrialised manufacturing export focused. It will mobilise the entire Ghanaian population without bias to ethnicity, age and gender, to work hard to implement the DMP objectives.
  
  The DMP will build industries, universal public infractructure (roads, rail and tram lines, airways, shipping lines)public institutions - well-resourced schools, polytechnics, universities, polyclinics/hospitals, housing projects, etc.
  
  The outcome: full employment, available and affordable education, housing, healthcare; abundant food and material goods, public leisure amenities, etc.
  
  Like the Asian Tiger economies, this will be the best way to quickly transform Ghana/Africa in our lifetime. What our lazy, tremulous leader (PNDC, NDC-NPP) have been doing since December 1982, is chasing after their ails - fooling Ghanaians!
  
  This is the context I have called them court jesters! Why? they are quick to incestuously increase their salaries and exgratia; sell and buy our state lands, houses and cars among themselves (refer to the Obetsebi-Lamptey house and land sales) and go to court over the elections to be empowered to misrule us the more, but they are not so smart to find the wherewithal to fund and launch a 10-15 year DMP? Tell me about laziness and bankruptcy of leadership ideas!
  
  Dr. Nkrumah sloganised the DMP as: WORK AND HAPPINESS!
  
  We must our wits about us as a people - where did all that education walk to?
  
  Regards.

  reply
• Timur 10 years ago

  THIS IS VERY TRUE. WAKE UP AFRICANS. IT IS AFRICA NOT (EUROPE,ASIA OR INDIA) THAT HAS BEEN BLESSED TO HAVE THE RESOURCES. TAKE CONTROL OF YOUR RESOURCES AND KICK THE DEVILS(IMF,WORLD BANK) OUT. WHYDO YOU THINK COL. GADDAF ...
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  THIS IS VERY TRUE. WAKE UP AFRICANS. IT IS AFRICA NOT (EUROPE,ASIA OR INDIA) THAT HAS BEEN BLESSED TO HAVE THE RESOURCES. TAKE CONTROL OF YOUR RESOURCES AND KICK THE DEVILS(IMF,WORLD BANK) OUT. WHYDO YOU THINK COL. GADDAFI IS DEAD? BECAUSE HE WAS WORKING TO FREE AFRICA FROM THE WICKED DEVILS!!!!!!!!

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• KWAME 10 years ago

  THEY'VE MURDERED NOT ONLY COL. GADDAFI OF LIBYA.
  
  THEY'VE MURDERED HUGO CHAVEZ OF VENEZUELA WITH RADIATION POISONING.
  
  THIS CANCER PROBLEM OF HUGO CHAVEZ STARTED SHORTLY AFTER CHAVEZ NATIONALIZED ALL OIL MULTINATIONAL CO ...
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  THEY'VE MURDERED NOT ONLY COL. GADDAFI OF LIBYA.
  
  THEY'VE MURDERED HUGO CHAVEZ OF VENEZUELA WITH RADIATION POISONING.
  
  THIS CANCER PROBLEM OF HUGO CHAVEZ STARTED SHORTLY AFTER CHAVEZ NATIONALIZED ALL OIL MULTINATIONAL COMPANIES IN VENEZUELA.
  
  TO ADD INSULT TO INJURY, CHAVEZ IN AN ATTEMPT TO SHORE UP VENEZUELA'S NATIONAL CURRENCY INTRINSIC VALUE, ALSO REPATRIATED ALL OF VENEZUELA'S GOLD BULLION HOLDINGS IN AMERICAN VAULTS AT THE FEDERAL RESERVE AND FORT KNOX.
  
  THANKS TO CHEVEZ, BEFORE HE DIED, CHAVEZ REPATRIATED ALL OF VENEZUELA'S GOLD HOLDINGS IN FOREIGN VAULTS INTO HIS NATIVE VENEZUELA. TODAY, THE VENEZUELA NATIONAL CURRENCY IS FAST PICKING UP VALUE, ALONG WITH THE COUNTRY'S ECONOMY.
  
  TODAY, GHANA IS NOWHERE NEAR VENEZUELA'S DEVELOPMENT, DESPITE GHANA DISCOVERING GOLD, DIAMONDS AND MANY OTHERS SO MANY MOONS AGO.
  
  GHANA'S LEADERS ARE STINKING CORRUPT, VISIONLESS AND DOWNRIGHT USELESS.
  
  WE SHALL ALL SWIM IN THE SHIT.

  reply
• Kofi of Africa 10 years ago

  Kwame,
  
  It is immensely better for a leader of Ghana/Africa who can order soldiers into war to die to defend us, to chance dying in trying to develop, industrialise and modernise his/her nation, than being a disrespected ob ...
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  Kwame,
  
  It is immensely better for a leader of Ghana/Africa who can order soldiers into war to die to defend us, to chance dying in trying to develop, industrialise and modernise his/her nation, than being a disrespected obsequious (slavish) buffoon who presided over the wholesaling of his/her country's economic wealth to the nations that had previously colonised his/her nation.
  
  Would you not agree with me?
  
  The trouble with our leaders (NDC-NDC) is they either fear to die trying or are extremely lazy to even envisage development and modernisation.
  
  This is why they all train as lawyers in order to bamboozle us with casuistry (fine, fine 'brofo' colo-English) while looting the money they supposedly borrowed on our behalf!
  
  I am no crafty 'lawyer-politricksion', but my presence on the Internet, is to use 'brofo' to combat them - to focus on developing the poor, ignorant and powerless generality of our people - through serious discourse!

  reply
• Concerned 10 years ago

  I totally agree with you, in Ghana your own brother will take bribe from the enemy and poison you

  I totally agree with you, in Ghana your own brother will take bribe from the enemy and poison you

  reply
• USMAN 10 years ago

  It is our university system that is churning out the visionless leaders. This is because a person is as good as the institution that trains them. The neocolonialists in our midst are using the universities as a fertile ground ...
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  It is our university system that is churning out the visionless leaders. This is because a person is as good as the institution that trains them. The neocolonialists in our midst are using the universities as a fertile ground o promote elitism. The shameless elitist believe in the infamous leadership by trait concept. This means to be a leader in this country one must attend a particular school( Achimota or Legon), speak the Queen's language in a certain way, dress in a certain way, belong to a certain secret society or royal lineage. Is it not shameful that the number of universities in Ghana is ten times more than what can be found in Burkina Faso yet that arid country is now exporting foodstuffs like banana, mangoes, tomatoes, onions, donkey 'bushmeat', etc, to Ghana? This is how far our useless university education has brought us.

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• Kofi of Africa 10 years ago

  Usman,
  
  You make an interesting comment. I have written about our educational system, but only focused on the content and form of academic and vocational subjects; teacher training, resourcing, etc.
  
  I aught to research e ...
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  Usman,
  
  You make an interesting comment. I have written about our educational system, but only focused on the content and form of academic and vocational subjects; teacher training, resourcing, etc.
  
  I aught to research elitism in our school system. I was confined to, Penworth Preparatory School at 8, by my trusty, but naive hardworking printer father who wanted to churn out a lawyer! But we were brainwashed to speak only English. If we spoke our African languages by 'accident', a huge cardboard was hung around our neck with the inscription: 'I WILL NOT SPEAK VERNACULAR ANYMORE'! It was very humiliating.
  
  Largely the bourgeois children were dim-witted, probably because they wished their servants would study for them! Their special drivers brought them fufu and hot palmnut soup each weekend with tones of sumptuous meat, and 'jollof rice'. Day pupils (non-boarders) had cute plastic containers filled with sandwiches. They drank fizzy 'Fanta and Coke! We children from poorer backgrounds often begged them for mussels of their food. We took sips from their 'Fanta and Coke' in exchange for helping them with their class and homework!
  
  I did not attend college or university in Ghana, this is why I need to research the outlandish behaviour of the ruling elite at tertiary and university levels in Ghana/Africa.
  
  Regards.

  reply
• Concerned 10 years ago

  And remember you have to pay a lot of money to them or I will put it this way they will sell ur masters degree,why can't we obtain in Ghana ??? We are lost

  And remember you have to pay a lot of money to them or I will put it this way they will sell ur masters degree,why can't we obtain in Ghana ??? We are lost

  reply
• KWAME 10 years ago

  THIS AFARI-GYAN DOES NOT HAVE TO BE ANYBODY OTHER THAN AN AKAN.
  
  AFARI-GYAN, LIKE KUFUOR, WEREKO-BROBBEY, KWESI JONAH, BARTON ODURO, ATTA-MILLS, AMISSAH-ARTHUR AND MANY OTHERS, ALL AKANS, HAVE SINGLE-HANDEDLY THROWN GHANA ...
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  THIS AFARI-GYAN DOES NOT HAVE TO BE ANYBODY OTHER THAN AN AKAN.
  
  AFARI-GYAN, LIKE KUFUOR, WEREKO-BROBBEY, KWESI JONAH, BARTON ODURO, ATTA-MILLS, AMISSAH-ARTHUR AND MANY OTHERS, ALL AKANS, HAVE SINGLE-HANDEDLY THROWN GHANA INTO CHAOS AND UNTOLD SUFFERING BECAUSE OF THEIR WICKED RUTHLESS LEADERSHIP, YET GHANAIAN FOOLS CONTINUE TO HOLD THESE INDIVIDUALS IN HIGH ESTEEM BOTH OVERSEAS AND EVEN IN GHANA.
  
  AKANS EASILY KOWTOW TO WESTERN IMPERIALISTS, AND KUFUOR IS A PERFECT EXAMPLE.
  
  KUFUOR, LIKE MANY OF GHANA'S AKAN LEADERS, BEHAVE LIKE BRAINLESS DUMB CHILDREN WHEN THEY MEET WITH WESTERN LEADERS, AND EVEN OBAMA.
  
  AKANS HAVE DONE, AND CONTINUE TO DO IRREPARABLE DAMAGE TO GHANA AND IT'S ECONOMY.
  
  AKANS ARE KNOWN TO BE THE MOST DOWNRIGHT CORRUPT TRIBAL GROUPING IN GHANA.
  
  FAVOURITISM AND CRONYISM ARE THEIR AKANS "STOCK-IN-TRADE".
  
  MOST OF THE GHANAIAN PROSTITUTES AND 419 THIEVES IN EUROPE AND AMERICA ARE AKANS.
  
  MOST GHANAIANS IN FOREIGN JAILS FOR HARD DRUGS AND OTHER OFFENCES ARE AKANS. MOST GHANAIAN MENIAL UNDOCUMENTED WORKERS ARE AKANS. MOST UNCIVILIZED GHANAIANS IN EUROPE AND AMERICA ARE AKANS. MOST EMPTY BARRELS AND NOISY GHANAIANS IN EUROPE, AMERICA AND OTHER PARTS OF THE WORLD ARE AKANS. WHY?
  
  MOST OF GHANA'S DEFUNCT STATE INSTITUTIONS WERE MANAGED BY AKANS NOT BECAUSE THEY ARE SMART, BUT BECAUSE AKANS ARE TRIBAL BIGOTS, VERY UNCOUTH, VISIONLESS AND UNCIVILIZED, AND MOST OF THEM ARE SQUARE-PEGS-IN-ROUND-HOLES CONFIDENCE TRICKSTERS AS JUSTICE KPEGAH HAS FOUND OUT.
  
  MANY AKANS HAVE CHAINS OF ACADEMIC AND PROFESSIONAL QUALIFICATIONS, BUT GIVE THEM A MANAGEMENT OR PREFESSIONAL POSITION OF TRUST INVOLVING A MORAL AND ETHICAL APPROACH TO TURN THINGS AROUND, AND YOU'LL BE TERRIBLY SORRY FOR THE REST OF YOUR LIFE.
  
  STRANGELY, GHANAIANS CONTINUE TO ALLOW AKANS IN MAINSTREAM POLITICS AND LEADERSHIP IN GHANA DESPITE THE MANY DOCUMENTED CASES OF FRAUDULENT LEADERSHIP AMONG AKANS.
  
  WE SHALL ALL SWIM IN THE SHIT

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• Zaga. 10 years ago

  Hey big guy, listen to the spirit and soul of the article and grow up. For once, this guy has produced a piece of writing devoid of the usual infantile tribal tosh - Anlo this, Akan that, Nzema this, Dagomba that. It has beco ...
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  Hey big guy, listen to the spirit and soul of the article and grow up. For once, this guy has produced a piece of writing devoid of the usual infantile tribal tosh - Anlo this, Akan that, Nzema this, Dagomba that. It has become abandantly clear that the fault is "not in our stars but ourselves". We need to start asking our leaders when Ghana will take over and get back into Ghanaian control: The goldmines; the telecoms industry and all strategic sectors of the economy which were dubiously handed over to foreign companies anyway. This has to be tackled with urgency. The past weak attempts by our governments to find solutions to the problems facing the economy has been foreign oriented and therefore, have failed miserably. All the excuses have been exhausted, so lets get work, starting with this petition which should be thrown overboard.

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• Kofi of Africa 10 years ago

  Zaga,
  
  Thank you for your observations. One of the key problems we face in Ghana/Africa, is the ethnic politicisation of everything. We must stop these and concentrate on our national economy vis a vis the standard of livin ...
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  Zaga,
  
  Thank you for your observations. One of the key problems we face in Ghana/Africa, is the ethnic politicisation of everything. We must stop these and concentrate on our national economy vis a vis the standard of living of o people.
  
  It is only when we place the national interest over all tangential considerations that we can truly develop and modernise.
  
  Regards.

  reply
• Akos 10 years ago

  He is only good when the none patriotic party NPP is in power. Ghana belongs to the PEOPLE the Prof Mills lost twice but did not send the country into the abyss

  He is only good when the none patriotic party NPP is in power. Ghana belongs to the PEOPLE the Prof Mills lost twice but did not send the country into the abyss

  reply
• Biloni Lawrence 10 years ago

  I have always believed that Africa and for that matter Ghana is like a bolt that holds the world and they knowing that will do all they can to deploy us to the fullest so as to help them fit well. The western world cannot sur ...
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  I have always believed that Africa and for that matter Ghana is like a bolt that holds the world and they knowing that will do all they can to deploy us to the fullest so as to help them fit well. The western world cannot survive without us. THIS IS A FACT. IF THEY THINK THE CONTRARY I DARE THEM TO PROVE ME WRONG. AFRICA, AFRICA, AFRICA!!!!!!!. THERE IS HOPE.

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• Nana Oben 10 years ago

  Kofi, It's a shame that Ghana's and Africa's downfall is due to its "EDUCATED" people. Many articles about the clandestine introduction of GMO's into our food chain with the connivance of President Obama and our Political le ...
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  Kofi, It's a shame that Ghana's and Africa's downfall is due to its "EDUCATED" people. Many articles about the clandestine introduction of GMO's into our food chain with the connivance of President Obama and our Political leaders have appeared on Ghanaweb. One would have thought that those "EDUCATED BRAINY" people on our daily Radio talk shows (vernacular and english) would discuss this topic extensively to INFORM AND EDUCATE the masses. BUT NO!! They spend their energies and our time on non-critical issues such as which minister took his girlfriend on a government trip. There has been no discussion or question as to WHY a Ghanaian citizen, working for a company owned jointly by the Ghana government and a British company in Ghana will be honoured by the Queen of England. OUR MEDIA IS SELLING US OUT WITH THEIR SILENCE ON SENSITIVE ISSUES.

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• VAQ 10 years ago

  KOFI YOU'RE ABSOLUTELY RIGHT.THE LEVEL OF AWARENESS OF OUR SO CALLED INTELLECTUALS IS QUESTIONABLE AND I WILL TAKE EXPERIENCE OVER PAPER QUALIFICATION ANY DAY. THE HUMAN RESOURCE OF THE COUNTRY NEEDS TO MIX UP THE FOREIGN GHA ...
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  KOFI YOU'RE ABSOLUTELY RIGHT.THE LEVEL OF AWARENESS OF OUR SO CALLED INTELLECTUALS IS QUESTIONABLE AND I WILL TAKE EXPERIENCE OVER PAPER QUALIFICATION ANY DAY. THE HUMAN RESOURCE OF THE COUNTRY NEEDS TO MIX UP THE FOREIGN GHANAIANS WITH THE LOCAL TALENTS TO GET A BETTER RESULT. MAJORITY LOCAL GHANAIANS RUNNING THE SHOW ARE NOT SKILLED ENOUGH AND ARE VERY, VERY CORRUPT. THEY NEED TO BE CHALLENGED AND CHECKED. THEY ARE EXTREMELY INSECURED AND THEY CANT STAND ANY ONE FROM OUTSIDE THEIR CIRCLES.THEY ARE ARROGANT AND NAIVE IN A LOT OF WAYS BUT WONT ADMIT IT.

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• Kofi of Africa 10 years ago

  VAQ,
  
  You sum up the character of the neocolonial bourgeois elite correctly. I am dedicated to combating them intellectually. I am glad you've joined me to expose and oppose them.
  
  Regards.

  VAQ,
  
  You sum up the character of the neocolonial bourgeois elite correctly. I am dedicated to combating them intellectually. I am glad you've joined me to expose and oppose them.
  
  Regards.

  reply
• Owura Kofi 10 years ago

  The author of this article is echoing what most of us have been talking and writing about.
  
  I hope that every concerned Ghanaian or African for that matter, will read this book:
  "Bad Samaritans: The Myth of Free Trade an ...
  read full comment

  The author of this article is echoing what most of us have been talking and writing about.
  
  I hope that every concerned Ghanaian or African for that matter, will read this book:
  "Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism...
  by Ha-Joon Chang, a South Korean Economist, and Cambridge University Professor.
  You can google and download a copy of the book for free.
  This is a must read. Our so-called leaders are either ignorant or self-serving people who are just in politics or official positions to amass wealth.
  
  This kind of article shouldn't just be posted on ghanaweb, it has to be in the print media, and discussed on radio and TV, for the people to know what's going on.

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• Kofi of Africa 10 years ago

  Owura Kofi,
  
  Thank you very much for your support. It is a jolt-in-the-arm that has boosted my enthusiasm and commitment to root all my social, cultural, political and economic analysis, to the key self-interest of Ghanaian ...
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  Owura Kofi,
  
  Thank you very much for your support. It is a jolt-in-the-arm that has boosted my enthusiasm and commitment to root all my social, cultural, political and economic analysis, to the key self-interest of Ghanaian/African poor majority.
  
  To do so, I have been forced my necessity to research, read and understand the core theoretical issues that underpin economics - sine qua non to our development and modernisation.
  
  I also thank you for alerting me to the book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, by Ha-Joon Chang. I am particularly taken in by where he states metaphorically:
  
  'According to Friedman, unless they ?t themselves into a particular set of
  economic policies that he calls the Golden Straitjacket, countries in the olive tree world will not be able to join the Lexus world. In describing the Golden Straitjacket, he pretty much sums up today’s neo-liberal economic orthodoxy: in order to ?t into it, a country needs to privatize state-owned enterprises, maintain low in?ation, reduce the size of government bureaucracy, balance the
  budget (if not running a surplus), liberalize trade, deregulate foreign investment, deregulate capital markets, make the currency convertible, reduce corruption
  and privatize pensions.'
  
  This echoes my basic argument that Ghana/Africa nationalise our key economic sectors to fund a Development and Modernisation Programme (DMP).
  
  This will transform us. The IMF-SAP has already forced our unthinking leaders (NDC-NPP) to sell off all our key economic sectors. Our commodities are being fast depleted. We must act now!
  
  Regards.

  reply
• Kofi 10 years ago

  Colonel Acheampong who overthrew the Busia government was an Akan. He was a leader who was brave enough to reverse most of the shares in State Institutions to our advantage by claiming a greater shares. He went further to cla ...
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  Colonel Acheampong who overthrew the Busia government was an Akan. He was a leader who was brave enough to reverse most of the shares in State Institutions to our advantage by claiming a greater shares. He went further to claim that we were not going to pay our debts to the West because it was not a fair deal.
  We had a HIPIC and in the final analysis our money was covertly devaluated. Hence 50,000 which was formerly valuable is now peanuts. Was it a gain or loss to have gone HIPIC?
  Our politicians are not telling us the whole truth. Meanwhile it is only the truth, like you have brought it out, which can set us free.

  reply
• Akyem Mafia 10 years ago

  You people are still trying to perpetuate lies about Rawlings. At least he didn't buy any hotel through his children or steal oil money through friends.

  You people are still trying to perpetuate lies about Rawlings. At least he didn't buy any hotel through his children or steal oil money through friends.

  reply