Negative reports could erode investor confidence — BoG boss

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Yaw USA 8 years ago

Maasa a $ is 4.4 nobody shouldn't say anything?What are you talking about

Maasa a $ is 4.4 nobody shouldn't say anything?What are you talking about
Yoofi 8 years ago

This is what he is saying. Telling the whole world that the $ to the Cedi is at a rate of 1= 4.4 would erode investor confidence in the country.

These figures has to be hidden from Public view!

This is what he is saying. Telling the whole world that the $ to the Cedi is at a rate of 1= 4.4 would erode investor confidence in the country.

These figures has to be hidden from Public view!
Ken Ntiamoa 8 years ago

How can you possibly hide this piece of information. Investors do not only know this fact but they also know where it is heading and when it will get there.

Ken

How can you possibly hide this piece of information. Investors do not only know this fact but they also know where it is heading and when it will get there.

Ken
Helegbe 8 years ago

Whose is keeping this full check his certificate because I doubt him.

Whose is keeping this full check his certificate because I doubt him.
Chief amankwa 8 years ago

This guy talk shit ..u can't even manage this small economy with basic export like gold .oil .cocoa ..u can't control budget ..u have the affrontery to talk about finance ..even u

This guy talk shit ..u can't even manage this small economy with basic export like gold .oil .cocoa ..u can't control budget ..u have the affrontery to talk about finance ..even u
Vicky 8 years ago

We would rather take it from the Media as you are a lier yourself, you don't even know what you are doing. Look at how you handled the Forex Enterprises and people that have foreign Accounts in the Country, you allowe ...
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We would rather take it from the Media as you are a lier yourself, you don't even know what you are doing. Look at how you handled the Forex Enterprises and people that have foreign Accounts in the Country, you allowed the Black Market dealers to gain the upper hand before you came to your senses to reverse your stupid law.
How did a stupid man like you got into that position, only i will never know.
MOSACH 8 years ago

The whole system is in shambles. What a clueless Governor in a clueless Government. Ghana will certainly hit HIPIC before you guys go. Those at the helm of the affairs of Ghana are a shame to themselves.

The whole system is in shambles. What a clueless Governor in a clueless Government. Ghana will certainly hit HIPIC before you guys go. Those at the helm of the affairs of Ghana are a shame to themselves.
Gabaa 8 years ago

Does this guy have any integrity, negative reporting will hurt investors confidence, do you think they are fools who cannot read.

Does this guy have any integrity, negative reporting will hurt investors confidence, do you think they are fools who cannot read.
Hubert Yeboah 8 years ago

Mr. Governor,
I'm unsure of where you and your finance minister obtained your PhDs from, but you are disgrace. The media is doing what it is tasked to do (to report the truth). First rule in international finance and macro e ...
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Mr. Governor,
I'm unsure of where you and your finance minister obtained your PhDs from, but you are disgrace. The media is doing what it is tasked to do (to report the truth). First rule in international finance and macro economics, do not incur too much debt, as that will affect the value of your currency. Didn't you guys study this at your undergraduate macro economics class? Even in personal finance, when one owes so much his/her credit rating goes down and is hardly able to purchase anything on credit, and if credit is granted all, it is offered at a higher interest rate. Which of these is difficult to understand? Take Brazil as a model or a good case study and draw out a workable plan for Ghana. This government is out control going around borrowing money as if it is free. This is about the future of our country. What do you guys have to show for all the borrowed money?
Yes, I do understand excess negative reportage scares potential investors but there is nothing to be done about it. How about IMF publicly declaring Ghana a high risk investment destination. You guys must swallow your pride and team up with Bawumia to find a workable solution to the economic crisis. The country's economy is in a complete mess and I weep for dear Ghana. Friends who planned to invest in Ghana have been advised to suspend all investment plans until after the elections next year, hopefully a better government with intelligent brains will come to power and better manage the affairs of the country.

Hubert Yeboah, MBA
USA
JATO KWASHIVI RAWLINGS 8 years ago

THE INTERNATIONAL INVESTORS HAVE BETTER SOURCES OF ECONOMIC ADVICE AND INFORMAATION, THAN GHANA'S MEDIA, SO WHAT IS THE LAZY, INCOMPETNT GOVERNOR MANPAM TALKING ABOUT. THE INVESTORS DO NOT DEPEND ON THE INMATURE AND INEFFICIE ...
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THE INTERNATIONAL INVESTORS HAVE BETTER SOURCES OF ECONOMIC ADVICE AND INFORMAATION, THAN GHANA'S MEDIA, SO WHAT IS THE LAZY, INCOMPETNT GOVERNOR MANPAM TALKING ABOUT. THE INVESTORS DO NOT DEPEND ON THE INMATURE AND INEFFICIENT INVESTMENT GHANA MEDIA FOR THEIR ADVICE. THE GOVERNOR IS FLOUDERING IN HIS WORK AND TRYING TO FIND SCAPE GOATS FOR HIS FAILURE.
Obrefo 8 years ago

The stealing, the corruption, the liars and the incompetence of our criminals parading as leaders are what we have to be concerned regarding the erosion of investors confidence. The media are too smart to publish your lies to ...
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The stealing, the corruption, the liars and the incompetence of our criminals parading as leaders are what we have to be concerned regarding the erosion of investors confidence. The media are too smart to publish your lies to discredit the image of Ghana. Your always cooking the books and telling lies. The chicken is coming home to roost.
Pastor Josiah 8 years ago

Every day training workshop, every day borrowing money until we now knocking at the gate of HIPC. Negative reportage indeed.

Every day training workshop, every day borrowing money until we now knocking at the gate of HIPC. Negative reportage indeed.
WAITING TO VOTE NDC OUT 8 years ago

Isn't it ironic Kofi Wampah is talking about some not having a good grasp of economic and financial issues and some purported new trends in economic and financial management? Does one need a soothsayer to report inflation is ...
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Isn't it ironic Kofi Wampah is talking about some not having a good grasp of economic and financial issues and some purported new trends in economic and financial management? Does one need a soothsayer to report inflation is moving into the upper reaches of double digits if the competence and aptitude to address it was there and was being exhibited, does one need a soothsayer to report the cedi is unstable and doing the monkey dance with the Anita DeSoso dwarves at the BoG if the competence and the aptitude was there to achieve currency stability , does one need a soothsayer to report interest rates are such that, it stifles and crashes private sector participation and entrepreneurship development and growth if the competence, aptitude, vision and ability to think was there?
Clearly Kofi Wampah believes in the Mahama NDC gov't unrefined and reckless "goat is cow" approach to economic and financial management and thus, the misguided utterances he is putting out there.
He should deliver positively on the economic and financial issues and stop making a mockery of his office.

Negative reports could erode investor confidence — BoG boss

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