These ungrateful people should thank President Kuffour and Npp. Rawlings gave them cash and carry killer health policy and the trokosis still support him.
These ungrateful people should thank President Kuffour and Npp. Rawlings gave them cash and carry killer health policy and the trokosis still support him.
YAW AFFUL- US 9 years ago
I visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign in ... read full comment
I visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign investors, they came and now operating maximising exorbitant profits which are even bigger than our GDP. Their respective profits maximised in CEDIS must be taken to their home-countries. How do they take CEDIS into their home-countries? They convert these trillion CEDIS gained here into DOLLARS and other foreign-trade currencies. Therefore putting demand pressure on dollars, that is demand for dollars increases as these foreign banks need them. For example, a Nigerian Bank called UBA, its annual profit is about Gh45 Million, this amount must be taken by the owners Nigerians from Ghana to Nigeria. How can they take this cedi amount to Nigeria? They have to convert it into dollars. So having many cedis on Nigerians to demand for dollars. What happens to the value of the dollar? Surely it would go up as against the cedi. Pressure is being mounted on the dollar from the cedi. And note we have more than five Nigerian banks operating in the country. Some print fake cedis to fill their profit ranges. So you can imagine how much of millions of Ghana cedis as profits they have to convert into dollars yearly or monthly to take to Nigeria .
We have also a South African bank called Stanbic operating in the country earning more than GhC30 million annually in which such an amount must be converted into dollars to take to South Africa by the owners. I don't usually talk about South African businesses operating in other foreign countries as the whole country according to World Records is the most xenophobic country in the world, and yet the country tries to get rooms for operating her businesses in other countries. The least said about that country the better. However, let's take this Stanbic bank converting Cedis into dollars in order for the money to reach the bank owner's country,South Africa, annually, what pressure mounts on the dollar from cedisl. These foreign banks are making big profits in cedis converting into dollars monthly to weak our cedi as they rise in high demand for dollars. This is the cause of the cedi depreciation.
BUKARI DRAMANI 9 years ago
Soon, the Tongu NHIS will crumble down if government fails to pay the service providers. NHIS is the best social intervention NPP gave Ghana. Surprisingly my own NDC has failed to give a single one intervention but rather kil ... read full comment
Soon, the Tongu NHIS will crumble down if government fails to pay the service providers. NHIS is the best social intervention NPP gave Ghana. Surprisingly my own NDC has failed to give a single one intervention but rather killing what is helping the majority who are poor. NDC should not forget that its following are the most vulnerable.
Barimaba 9 years ago
At least,NPP left something!!!
At least,NPP left something!!!
YAW AFFUL- US 9 years ago
visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign inve ... read full comment
visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign investors, they came and now operating maximising exorbitant profits which are even bigger than our GDP. Their respective profits maximised in CEDIS must be taken to their home-countries. How do they take CEDIS into their home-countries? They convert these trillion CEDIS gained here into DOLLARS and other foreign-trade currencies. Therefore putting demand pressure on dollars, that is demand for dollars increases as these foreign banks need them. For example, a Nigerian Bank called UBA, its annual profit is about Gh45 Million, this amount must be taken by the owners Nigerians from Ghana to Nigeria. How can they take this cedi amount to Nigeria? They have to convert it into dollars. So having many cedis on Nigerians to demand for dollars. What happens to the value of the dollar? Surely it would go up as against the cedi. Pressure is being mounted on the dollar from the cedi. And note we have more than five Nigerian banks operating in the country. Some print fake cedis to fill their profit ranges. So you can imagine how much of millions of Ghana cedis as profits they have to convert into dollars yearly or monthly to take to Nigeria .
We have also a South African bank called Stanbic operating in the country earning more than GhC30 million annually in which such an amount must be converted into dollars to take to South Africa by the owners. I don't usually talk about South African businesses operating in other foreign countries as the whole country according to World Records is the most xenophobic country in the world, and yet the country tries to get rooms for operating her businesses in other countries. The least said about that country the better. However, let's take this Stanbic bank converting Cedis into dollars in order for the money to reach the bank owner's country,South Africa, annually, what pressure mounts on the dollar from cedisl. These foreign banks are making big profits in cedis converting into dollars monthly to weak our cedi as they rise in high demand for dollars. This is the cause of the cedi depreciation.
Mr. Figure-Out 9 years ago
The NPP provided NHIS, Mass Transportation and school feeling for all Ghanaians whilst the best the Atinga-Trokosi alliance, the Tribalistic Ndc, can only offer free Tampons, free sanitary cups and pads to student girls in ... read full comment
The NPP provided NHIS, Mass Transportation and school feeling for all Ghanaians whilst the best the Atinga-Trokosi alliance, the Tribalistic Ndc, can only offer free Tampons, free sanitary cups and pads to student girls in their strong holds for votes.
ALLEGORY 9 years ago
tongus has made it again
tongus has made it again
********** 9 years ago
Why not if you don't have to deal with capitation?!
Why not if you don't have to deal with capitation?!
Efo Kobla 9 years ago
My people were told not to register because it was Kuffour's idea. Now they are reaping where they did not sow. I wish the govt will extend the NHIS capitation to us which i hear is better than our current system.
My people were told not to register because it was Kuffour's idea. Now they are reaping where they did not sow. I wish the govt will extend the NHIS capitation to us which i hear is better than our current system.
This is what NPP can do..A proud krukrudite!
These ungrateful people should thank President Kuffour and Npp. Rawlings gave them cash and carry killer health policy and the trokosis still support him.
I visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign in ...
read full comment
Soon, the Tongu NHIS will crumble down if government fails to pay the service providers. NHIS is the best social intervention NPP gave Ghana. Surprisingly my own NDC has failed to give a single one intervention but rather kil ...
read full comment
At least,NPP left something!!!
visited Ghana just recently having stayed in the US for more than twelve years and I noticed that foreign banks operating in Ghana are the cause of Cedi depreciation. This is a naked truth. Yes, we said we needed foreign inve ...
read full comment
The NPP provided NHIS, Mass Transportation and school feeling for all Ghanaians whilst the best the Atinga-Trokosi alliance, the Tribalistic Ndc, can only offer free Tampons, free sanitary cups and pads to student girls in ...
read full comment
tongus has made it again
Why not if you don't have to deal with capitation?!
My people were told not to register because it was Kuffour's idea. Now they are reaping where they did not sow. I wish the govt will extend the NHIS capitation to us which i hear is better than our current system.