Ecobank Ghana shares soar by 48% for 2013

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Mahmoud 10 years ago

Real Estate; That which is real and yet not the prudent way to convert into "Cash" A lesson Big Banks in the USA have to learn.

Real Estate; That which is real and yet not the prudent way to convert into "Cash" A lesson Big Banks in the USA have to learn.
GH 10 years ago

ARTICLE

President Mahama's speech to the Ndc supporters in Kumasi in which he is alleged to have said Asantes or Kumasi residents will never be appreciative even if he pave the roads with gold have elicited a storm of ...
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ARTICLE

President Mahama's speech to the Ndc supporters in Kumasi in which he is alleged to have said Asantes or Kumasi residents will never be appreciative even if he pave the roads with gold have elicited a storm of condemnation and defence from both sides of the political divide. Whether he is right or wrong is not the issue of this article but rather the hypocrisy of those who are defending this ethnocentric vituperations.

During a Radio debate on President Mahama's axiomatic obliquity, the Editor In-chief of the New Crusading Guide Newspaper Kweku Baako Jnr criticized the controversial comment in which President John Mahama is quoted to have said residents in Kumasi are ungrateful. Malik Baako Jnr said the comment was baseless and unpresidential.

In refuting Mr Baako's criticism, one Ametor Quarmyne, consultant to the NHIA said critics are making a mountain out of nothing. He said critics are only dabbling in "deliberate ploy of destruction." According to Quarmyne, President John Mahama only repeated a statement that was made by one Dr Safo Adu in 1992 who said no matter what development projects undertaken in Kumasi, the residents will still not vote for them. He said President John Mahama didn't say it. He only repeated it.

Mr Ametor, an Ewe should have known better to defend something similar to what Victor Owusu did more than forty years ago that Ewes have not forgiven him and Asantes. If Mahama should be forgiven for repeating what supposedly was said by Dr Sarfo Adu, then why is that Ewes are still riled by Victor Owusu's inward looking response to Dr Agama's accusation that Akans are inward looking?

Let's go back to memory lane and recount what happened in Parliament in 1970 when Victor Owusu supposedly said 'Ewes are inward looking'.

Victor Owusu never said Ewes are inward looking but was rather refuting the accusation by opposition leader Dr. Agama who has accused Akans of sidelining Ewes in government jobs and are inward looking. Victor Owusu responded that, as an Ewe, Dr Agama cannot accuse anybody of inward looking.Ametor, are you telling us Ewes can get upset about what Victor Owuzu said but Asantes have no right to be upset for this diarrhea of the mouth speech by Mahama?

Ghana belong to all of us and we should all be proud of the peaceful co-existence of all the tribes in Ghana where intermarriages has diluted tribalism and ethnocentrism for the betterment of our country and any deviation from this course should be condemned irrespective of where it is coming from. MR Ametor's hypocrisy should not be allowed to stand.
JK 10 years ago

Shut up, you dumb trokosi illiterate.

Why is it always the least educated morons who always have something to say about others writing acumen? You dumb illiterate wrote just one paragraph and look at how many grammatical m ...
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Shut up, you dumb trokosi illiterate.

Why is it always the least educated morons who always have something to say about others writing acumen? You dumb illiterate wrote just one paragraph and look at how many grammatical mistakes you've made.

1.So what (does) this "writer" (jitter) about!! WRITE

So what is this writer jittering about

2.His "facts" (and) (here says) and gossips. WRITE

His facts, hearsays and gossips

3.Was this so called Cardinal present in (the) Parliament WRITE

Was this so called Cardinal present in Parliament

4.Are there "inferiority comments" in the (world)? Word, OFUI

5. (becomes a pedestrian writing!!)HUH? Are you on drugs?

6.you must be (entooled) with rocket science brain!! HUH? There is no word like ENTOOLED in English. Is that a trokosio word?

OFUI KRAMAN BA, come back here.
Bean counter 10 years ago

he Ashanti Regional Minister, Mr. Samuel Sarpong, has mounted a strong defence over the decision by President John Dramani Mahama and his ministerial entourage to use Daddy Lumba?s hit track, ?Yentie Obiaa?, as a signature tu ...
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he Ashanti Regional Minister, Mr. Samuel Sarpong, has mounted a strong defence over the decision by President John Dramani Mahama and his ministerial entourage to use Daddy Lumba?s hit track, ?Yentie Obiaa?, as a signature tune during his official visit to the Ashanti Region. The Regional Minister said the song was specifically chosen because of the lyrics and the message it carries, which, he said, was in line with the President?s tour.

Good songs certainly play vital roles during campaign seasons and as the 2016 looms around the corner, the NDC has stepped up their game by revealing that they would be adopting Daddy Lumba's song "Yentie Obiaa" as their official campaign song.

Mr. Kojo Bonsu, the Kumasi Metropolitan Chief Executive Officer, made this revelation last week at the Regional Coordinating Council in Kumasi.

Name: albert
this song is one of the best song and i love it thank u daddy lumba i am one of your best fun and ilove your music god bleess you aaaaaaaaamen

Name: Adwoa
hahahahahah its funny. this is a nice song by Daddy Lumba and not Mahama and everyone has the right to enjoy it so if the NDC are enjoying the tune of the music allow them. this na share jealous let them be.

Name: WILLIAM
NOTHING HAS BEEN CONFIRMED. DADDY LUMBA HAS NOT SOLD THE RIGHT OF HIS SONG TO NDC. NDC JUST WANT TO USE FORCE TO USE HIS HIGH RIDING SONG. IF ANYTHING SIR JOHN SHOULD BE THE ONE WHO HAS THE RIGHT TO THAT SONG. DADDY LUMBA WILL COME OUT SOON SO NOTHING HAS BEEN CONFIRMED. NDC SHOULD EVEN BE CAREFUL BECAUSE THE SONG COULD BE INTERPRETED NEGATIVELY AGAINST THEM. BEWARE NDC!

Name: drosmani
how do you expect such block heads to say something sensible

Name: nsem pii
Why are folks angry. To me everything has EXPIRATION under the sun. Rawlingses,Kuffours etc . Folks worry for no reason. Can anybody guarantee to Ghanaians that those politicians stealing from poor taxpayers will be around 2016 to enjoy the stolen monies? Do your part and watch God be God.

Name: major
this is arrogance at it peak. hmmm God save us all

Name: judas
NDC didn't won the 2012 election. The supreme court didn't use the constitution of Ghana to work. Look at the economy is more than worse.The NDC was overspent in the 2012 election. The is the reason being we are suffering. There is no money in the coffers.If NDC will adopts Lumba's song Yentie obiaa. Who cares.

Name: YEN NSO YE NTIE NDC
BONANAZA FOR NPP!WE WILL ALSO NOT LISTEN TO NDC BECAUSE THEY HAVE NOTHING TI SAY EXCEPT LOOTING GHANA.

Name: Neros
It is only in Ghana that such arrogance and stuopidy can happen. you make life difficult for the ordinary Ghanaian and insults them on top.

Name: Adu
If this is not arrogance, what is?
GH 10 years ago

Editor In-chief of the New Crusading Guide Newspaper Kweku Baako Jnr has criticised the controversial comment in which President John Mahama is quoted to have said residents in Kumasi are ungrateful.Malik Baako Jnr said the c ...
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Editor In-chief of the New Crusading Guide Newspaper Kweku Baako Jnr has criticised the controversial comment in which President John Mahama is quoted to have said residents in Kumasi are ungrateful.Malik Baako Jnr said the comment was baseless and unpresidential.

But Ametor Quarmyne consultant to the NHIA said critics are making a mountain out of nothing.He said critics are only dabbling in "deliberate ploy of destruction." According to Quarmyne President John Mahama only repeated a statement that was made by one Dr Safo Adu in 1992 who said no matter what development projects undertaken in Kumasi, the residents will still not vote for them. He said President John Mahama didn't say it. He only repeated it.

Ametor, did you Ewes not accuse Victor Owusu of calling Ewes inward looking when he Victor Owusu also was repeating what Agama said?

Victor Owusu never said Ewes are inward looking but was rather refuting the accusation by opposition leader Dr. Agama who has accused Akans of sidelining Ewes in government jobs and Victor responded that, as an Ewe, Dr Agama cannot accuse anybody of inward looking.

Ametor, are you telling us Ewes can get upset about what Victor Owuzu said but Asantes cannot get upset for what Mahama said?
GH 10 years ago

President Mahama's speech to the Ndc supporters in Kumasi in which he is alleged to have said Asantes or Kumasi residents will never be appreciative even if he pave the roads with gold have elicited a storm of condemnation ...
read full comment

President Mahama's speech to the Ndc supporters in Kumasi in which he is alleged to have said Asantes or Kumasi residents will never be appreciative even if he pave the roads with gold have elicited a storm of condemnation and defence from both sides of the political divide. Whether he is right or wrong is nt the issue of this article but rather the hypocrisy of those who are defending this ethnocentric vituperations.

During a Radio debate on President Mahama's axiomatic obliquity, the Editor In-chief of the New Crusading Guide Newspaper Kweku Baako Jnr criticized the controversial comment in which President John Mahama is quoted to have said residents in Kumasi are ungrateful. Malik Baako Jnr said the comment was baseless and unpresidential.

In refuting Mr Baako's criticism, one Ametor Quarmyne consultant to the NHIA said critics are making a mountain out of nothing. He said critics are only dabbling in "deliberate ploy of destruction." According to Quarmyne, President John Mahama only repeated a statement that was made by one Dr Safo Adu in 1992 who said no matter what development projects undertaken in Kumasi, the residents will still not vote for them. He said President John Mahama didn't say it. He only repeated it.

Mr Ametor, an Ewe should have known better to defend something similar to what Victor Owusu did more than forty years ago that Ewes have not forgiven him and Asantes. If Mahama should be forgiven for repeating what supposedly was said by Dr Sarfo Adu, then why is that Ewes are still riled by Victor Owusu's inward response to Dr Agama's accusation that Akans are inward looking?

Let's go back to memory lane and recount what happened in Parliament in 1970 when Victor Owusu supposedly said 'Ewes are inward looking'.

Victor Owusu never said Ewes are inward looking but was rather refuting the accusation by opposition leader Dr. Agama who has accused Akans of sidelining Ewes in government jobs and are inward looking. Victor Owusu responded that, as an Ewe, Dr Agama cannot accuse anybody of inward looking.Ametor, are you telling us Ewes can get upset about what Victor Owuzu said but Asantes have no right to be upset for this diarrhea of the mouth speech by Mahama?

Ghana belong to all of us and we should all be proud of the peaceful co-existence of all the tribes in Ghana where intermarriages has diluted tribalism and ethnocentrism for the betterment of our country and any deviation from this course should be condemned irrespective of where it is coming from. MR Ametor's hypocrisy should not be allowed to stand.
hjg 10 years ago

President Kuffour is right. Rawlings had sold 30 percent of GT to Malaysia Telecommunication six years earlier for $45 million. GT was losing $50 million a year with 6300 workers when only 2000 workers were needed.

When V ...
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President Kuffour is right. Rawlings had sold 30 percent of GT to Malaysia Telecommunication six years earlier for $45 million. GT was losing $50 million a year with 6300 workers when only 2000 workers were needed.

When Vodafone bought GT, it got rid of 4000 workers and now GT is profitable.

Imagine GT is still owned by Ghana government with its 6300 employees with SSSS salary. The government would be losing$200 million a year at this time when Ghana can't even pay workers.

GT is symptomatic of what is wrong with Ghana now. We have 700,000 government employees when we only need about 350,000 government workers but the Politicians are cowards to do the right thing. If Kuffour had laid off the 4000 workers who were drawing salaries but were not producing anything to the value of GT, Ghanaians would have complained loudly for being callous government who don't care about the welfare of the people.

The government was losing $50 million a year operating GT and Ghanaians think such a boondoggle should have been kept? For what, its aesthetic beauty? Government anywhere around the globe is a poor manager of running industries and that is why socialist and communist economies have failed anywhere it is practiced.

GT debt would have been closer to one billion dollars on government books and still counting. You people should take off your political glasses off and look at reality.

_________________________________

You don't need to go to Senchi to find out what is wrong with the country. What is wrong is that, we are spending too much than what we are earning(REVENUE). We need to live within our means by cutting expenses. We spend a whopping 70 percent of government revenue in paying workers when it should have not exceeded 30 percent.

Secondly, we should cut down government borrowing. 25 percent of our revenue is used to service our loans or government debt of over $20 billion leaving only 5 percent for infrastructure development. Do we need to go to Senchi to know what is wrong with Ghana? Our politicians lack the political will or courage to do the right thing.

These are very elementary issues that do not need a picnic at a plush hotel to untangle, but clueless Mahama has to spread the loot to his financiers.

Let us join the ABM-2016 (Anybody else But Mahama)social media campaign to get Mahama out of office
hjg 10 years ago

ARTICLE

Did we need to go to Senchi to find out what is wrong with the economy of Ghana and come up with solutions? Definitely 'NO'.You don't need to go to Senchi to find out what is wrong with the country. As a layman ...
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ARTICLE

Did we need to go to Senchi to find out what is wrong with the economy of Ghana and come up with solutions? Definitely 'NO'.You don't need to go to Senchi to find out what is wrong with the country. As a layman standing afar, I could have told the government three things it needs to do to curtail the hardships our citizens are going through.

1. Decentralize the government

2.Cut down government expenses

3. Stop borrowing

What is wrong is that, we are spending too much than what we are earning(REVENUE). We need to live within our means by cutting expenses. We spend a whopping 70 percent of government revenue in paying workers when it should have not exceeded 30 percent. It is not like this government is not aware what it should do to address the problems but it lacks the political courage to do the right thing.

GT is symptomatic of what is wrong with Ghana now. We have 700,000 government employees when we only need about 350,000 government workers but the Politicians are cowards to do the right thing. If Kuffour had laid off the 4000 workers who were drawing salaries but were not producing anything to the value of GT, Ghanaians would have complained loudly for being callous government who don't care about the welfare of the people. We have to cut the size of this government to 350,000 to save at least two billion($2billion) a year.

Government can do this without any attrition. The Churches in Ghana are demanding their nission schools back, from Elementary to secondary schools like Mfanstipim, Adisadel, Prempeh College, Opoku Ware, Wesley Girls, Holy Child, St Louis, etc, the government should go ahead and cede to the churches to manage these schools .

Some services being provided by the government should be privatized.

We don't need thirty Ministries. Some of the Ministries should be combined and others like Information Ministry should be eliminated, their services are being performed by the Communication members at the Presidency.

Secondly, we should cut down government borrowing. 25 percent of our revenue is used to service our loans or government debt as interest payment of over $20 billion leaving only 5 percent for infrastructure development.

Decentralization will be a bonanza to the country. First it will cut down on corruption. It will also ease congestions and cut accidents on our roads. People will not need to go to Accra everytime to transact business like getting a passport, processing pensions payment and other businesses.

Do we need to go to Senchi to know what is wrong with Ghana? Our politicians lack the political will or courage to do the right thing.

President Kuffour is right. Rawlings had sold 30 percent of GT to Malaysia Telecommunication six years earlier for $45 million. GT was losing $50 million a year with 6300 workers when only 2000 workers were needed.When Vodafone bought GT, it got rid of 4000 workers and now GT is profitable. Imagine GT is still owned by Ghana government with its 6300 employees with SSSS salary. The government would be losing $200 million a year at this time when Ghana can't even pay workers.

GT is symptomatic of what is wrong with Ghana now. We have 700,000 government employees when we only need about 350,000 government workers but the Politicians are cowards to do the right thing. If Kuffour had laid off the 4000 workers who were drawing salaries but were not producing anything to the value of GT, Ghanaians would have complained loudly for being callous government who don't care about the welfare of the people.

The government was losing $50 million a year operating GT and Ghanaians think such a boondoggle should have been kept? For what, its aesthetic beauty? Government anywhere around the globe is a poor manager of running industries and that is why socialist and communist economies have failed anywhere it is practiced.GT debt would have been closer to one billion dollars on government books and still counting. You people should take off your political glasses off and look at reality.
hjg 10 years ago

SUGGESTIONS

Did we need to go to Senchi to find out what is wrong with the economy of Ghana and come up with solutions? Definitely 'NO'.You don't need to go to Senchi to find out what is wrong with the country. As a layma ...
read full comment

SUGGESTIONS

Did we need to go to Senchi to find out what is wrong with the economy of Ghana and come up with solutions? Definitely 'NO'.You don't need to go to Senchi to find out what is wrong with the country. As a layman standing afar, I could have told the government three things it needs to do to curtail the hardships our citizens are going through.

1. Decentralize the government

2.Cut down government expenses

3. Stop borrowing

What is wrong is that, we are spending too much than what we are earning(REVENUE). We need to live within our means by cutting expenses. We spend a whopping 70 percent of government revenue in paying workers when it should have not exceeded 30 percent. It is not like this government is not aware what it should do to address the problems but it lacks the political courage to do the right thing.

GT is symptomatic of what is wrong with Ghana now. We have 700,000 government employees when we only need about 350,000 government workers but the Politicians are cowards to do the right thing. If Kuffour had laid off the 4000 workers who were drawing salaries but were not producing anything to the value of GT, Ghanaians would have complained loudly for being callous government who don't care about the welfare of the people. We have to cut the size of this government to 350,000 to save at least two billion($2billion) a year.

Government can do this without any attrition. The Churches in Ghana are demanding their nission schools back, from Elementary to secondary schools like Mfanstipim, Adisadel, Prempeh College, Opoku Ware, Wesley Girls, Holy Child, St Louis, etc, the government should go ahead and cede to the churches to manage these schools .

Some services being provided by the government should be privatized.

We don't need thirty Ministries. Some of the Ministries should be combined and others like Information Ministry should be eliminated, their services are being performed by the Communication members at the Presidency.

Secondly, we should cut down government borrowing. 25 percent of our revenue is used to service our loans or government debt as interest payment of over $20 billion leaving only 5 percent for infrastructure development. Doing this will stop the free fall of the value of the cedi as compared to the dollar and other international currencies. It will also slow the rise of inflation.

Decentralization will be a bonanza to the country. First it will cut down on corruption. It will also ease congestions and cut accidents on our roads. People will not need to go to Accra everytime to transact business like getting a passport, processing pensions payment and other businesses.

The Senchi Economic forum came up with twenty two suggestions most of them worthless with gibberish big grammar and technical jargons that are not worth the paper they are written on and will not see the light of day of being implemented and even if they are implemented, will not make one iota of a difference.

Justice Sarpong

(CARDINAL of TRUTH)
JK 10 years ago

You dumb illiterate fool Kola calling your stupid self ECONOMIC ANALYST when you don't even know the meaning of MONETIZATION.

You dumb illiterate fool Kola calling your stupid self ECONOMIC ANALYST when you don't even know the meaning of MONETIZATION.

Ecobank Ghana shares soar by 48% for 2013

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