Ghana’s Foreign Exchange Market dries up before bond sale

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USMAN 10 years ago

This is how far our useless university graduates in authority have brought us.

This is how far our useless university graduates in authority have brought us.
Kwasi Asante, Providence,RI USA 10 years ago

Blame this on the government of the day. The last year of Rawlings/NDC reign, the cedi plummeted to it's lowest, then it was near 2 cedis to a dollar. When Kuffuor was first elected as President the cedi against the dollar dr ...
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Blame this on the government of the day. The last year of Rawlings/NDC reign, the cedi plummeted to it's lowest, then it was near 2 cedis to a dollar. When Kuffuor was first elected as President the cedi against the dollar dropped from 1.89 and stabilized at 1.56 Ghana cedi to a dollar for more than 3 years 6
When the old Cedi got changed, and brought forth the New Ghana Cedi, the rate against the US dollar stood shoulder to shoulder. The Ghana Cedi was one to one against the U.S. dollar.
The rate climbed and stabilized at 1.5 - 1.56 new Ghana to the US dollar for the last year of Kuffuor's Presidency.Then NDC lead by Atta Mills took over the leadership.

Oman Ghana must understand the fact that the low rate of the Cedi against the US dollar means our economy has no stability. This further means no serious business can survive to hire more employees and plan any formidable future plans. Virtually every serious business transaction in Ghana is made in connecting to the US dollar; from the sale of cars to renting apartment and to leasing a store front. Sadly to say, we are a nation that imports almost 90% of our domestic commodities including tooth picks and dog chains.
I have come to conclude that NDC administration is not up to the task.
The current vice President pathetically stated categorically that a weakened Ghana cedi against the US dollar serves better for our economy. How sad for a guy who was a governor of Bank of Ghana.
Not until Ghanaians vote for competent and wiser intellectuals, our economical situation will ever decline and the average Ghanaian will continue to suffer.
Let me remind you the reader that, the JJ's and all the ministers in Ghana, are paying average of $75.000.00 to educating their children abroad.
I always write my piece of mind that, NDC, or NPP, with no political party exceptions, when it come to corruption. All Political parties in Ghana are corrupt. But when it comes to stabilizing the international dollar against the Ghana Cedi, NDC has proven to be useless compared to NPP administration. The facts speaks for itself as I written earlier.
NDC administration have proven to be useless. Let anyone challenge the facts.
The thruth 10 years ago

Why will any investor or financial institution or person want to sell a dollar now when in the immediate future, it will be need to invest in a safer investment option? This is basic economic principle (generalizing common se ...
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Why will any investor or financial institution or person want to sell a dollar now when in the immediate future, it will be need to invest in a safer investment option? This is basic economic principle (generalizing common sense). I must also say that these journalists or reporters need to increase they knowledgeable on these issues before reporting. They always make the economic and financial reports complex when indeed they are so simple.
insight to the bone 10 years ago

Since before independence we have been plagued by all sorts of ruthless , vicious and willfully authoritative govts that all have one thing in common , denying the right of free speech and proper analysis of the motives and a ...
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Since before independence we have been plagued by all sorts of ruthless , vicious and willfully authoritative govts that all have one thing in common , denying the right of free speech and proper analysis of the motives and agendas they seek to keep hidden . Most of these govts were led by people who didnt belong to the majority but rather minority tribes and very marginal political clans . starting with nkrumah who is praised to high heaven but this same oligarchy , he st in motion a climate of fierce political antagonism whereby moderate minds of a liberal persuasion had no business in participating as only the radicals could stand the heat .The MOTIVE , be able to spend without consensus or agreement the wealth of the nation ie in today's jargon chop Ghana money some . This style and system of government was perfected by kwasea rawlings and today we have pepeni whose agenda is finalse the colonization of the majority , the Akans with the assistance of the homicidal ayigbe and the idiot pepefuo . they now use the institution called the supreme court to gag all free thinking individuals so the climate is set to enslave and now steal the oil and gas. they tell us nkrumah was so good so i say to them we hope ghana breaks up and their first presidents are just like him. when we secede we give them all the gold reserves in Switzerland and pay them another 20 billion on top so these ewes and pepefuo are rich and let their nkrumah come and spend that money in 2 years and leave them in debt for 2000 years , that is our revenge . hopefully their first nkrumah presidents are just as manipulative and propagandists so a greater part of that money is used to secure the unity of the universe as thats a very good thing not only african or nigger unity . the rest of the money we graciously leave them should be used in establishing useless unsustainable businesses that only feed other economies and drain their own . yes we wish them well as they have to us for over 60 years . we in the meantime Akans will build a nation truly worthy of our capabilities and potentials with a minimum wage of not less than 10,000 dollars so our beers in our bars are at least 100 dollars so these pepefuo and ayigbe idiots can not afford to visit us just like the Japanese do to their ndc idols the Chinese , long live the republic of Akan
Ok 10 years ago

Waste of sperm and taupe. Get lost!!!

Waste of sperm and taupe. Get lost!!!
GTV-TV3 on WWW.OFMTV.COM 10 years ago

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TV AFRICA, GTV, ADOM TV AND OVER 7500 TV - RADIO
CHANNELS FREE ONLINE AT WWW.OFMTV.COM
Jato Julor (J.J.) Rawlings 10 years ago

"All day for thiefman,one day for policeman" !

As to why gold prices and cocoa prices reached a record high from 2009 to 2012,together with additional revenues from our newly found oil, should result in Maaame/Daaavi Ghana ...
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"All day for thiefman,one day for policeman" !

As to why gold prices and cocoa prices reached a record high from 2009 to 2012,together with additional revenues from our newly found oil, should result in Maaame/Daaavi Ghana only left with the bones will one day be answered.

Insha Allah !

The British colonialists even did not steal these quantum of monies that stealers in power are looting within 5 years.
Nana Ansah 10 years ago

"The British colonialists even did not steal these quantum of monies that stealers in power are looting within 5 years." Jato Julor (J.J.) Rawlings

Go visit the Tower of London and you will be proven totally wrong. This i ...
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"The British colonialists even did not steal these quantum of monies that stealers in power are looting within 5 years." Jato Julor (J.J.) Rawlings

Go visit the Tower of London and you will be proven totally wrong. This is where you find most the treasures and how we were ripped naked. They looted us raw for the British empire without accountability. That said, it does not make black on black rip off right though. Corruption and exploitation has no colour but degree of character. Some are worse than others
AKONFEM 10 years ago

Blame this guinea fowl government for all this mess. A country producing gold, cocoa and oil still living in poverty. Their priority is to send people to Israel to pray for crying ghana rather than solve the dumsor and other ...
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Blame this guinea fowl government for all this mess. A country producing gold, cocoa and oil still living in poverty. Their priority is to send people to Israel to pray for crying ghana rather than solve the dumsor and other problems affecting the country. And also looting the state coffers in the name of dubious judgement debt.
ADEHYEMAN 10 years ago

WE NEED UNITY GOVERNMENT NOW. NO MORE NDC NOR NPP CAN PULL US FROM THE VALLEY IN WHICH WE HAVE FALLEN NOW. "The cedi may strengthen with proceeds from Eurobonds, pushing the currency below the 2 per dollar level, Kotey and Ab ...
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WE NEED UNITY GOVERNMENT NOW. NO MORE NDC NOR NPP CAN PULL US FROM THE VALLEY IN WHICH WE HAVE FALLEN NOW. "The cedi may strengthen with proceeds from Eurobonds, pushing the currency below the 2 per dollar level, Kotey and Abubakar said. “If the market becomes liquid, it will impact the currency,” Abubakar said. By the end of the year, the cedi may reach 1.99 per dollar, he said. The currency has declined 6.6 percent this year, the fifth-worst among 24 African currencies tracked by Bloomberg.

Ghana’s trade deficit worsened to $334.6 million in the first quarter from near zero a year earlier, as the world’s second-biggest cocoa grower and Africa’s second-largest gold producer saw exports drop 7.3 percent, the central bank said May 22. The current account, the broadest measure of trade in goods and services, widened to a deficit of $1.1 billion in the first three months from $986.6 million a year before, the Bank of Ghana said.

Yields on the nation’s debt due October 2017 fell 33 basis points, or 0.33 percentage point, to 6.41 percent as of 9:06 a.m. in London. That compares with 4.95 percent at the end of the 2012." ONLY UNITY GOVERNMENT, NOT NDC NOR NPP COULD SAVE US NOW. ARISE!!!
insight to the bone 10 years ago

really? perhaps you could try and be a little more original in your foolish attempts at insults , get it straight , we fucking dont care

really? perhaps you could try and be a little more original in your foolish attempts at insults , get it straight , we fucking dont care
Eye opener 10 years ago

Where are all the commemtators?? This is serious matter but nobody is interested. Our country is in trouble. Bring ideas not insults. Completely reduce interest rate and let the Economy move! Where are the industries? Governm ...
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Where are all the commemtators?? This is serious matter but nobody is interested. Our country is in trouble. Bring ideas not insults. Completely reduce interest rate and let the Economy move! Where are the industries? Government money in peoples pocket should come out!! I REST MY CASE!!!
The thruth 10 years ago

Open your eyes first to know those who really need an eye opener. I bet you that you are the first person who needs an eye opener.

First of all, how is the country in a big trouble? And who should reduce interest rate? Wh ...
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Open your eyes first to know those who really need an eye opener. I bet you that you are the first person who needs an eye opener.

First of all, how is the country in a big trouble? And who should reduce interest rate? What you read is not interpreted the Kwaku Ananse way oo. I however don't blame you, I blame the reporters who lead the discuss.
Ewusi 10 years ago

I wonder why some Ghana don't want to hear the truth.Facts on the ground is our cedi is in trouble and somebody must save it.

I wonder why some Ghana don't want to hear the truth.Facts on the ground is our cedi is in trouble and somebody must save it.
ADEHYEMAN 10 years ago

DEMOCRACY CANNOT SAVE THE FRAUDULENT AFRICA. WE NEED TO CREATE OUR OWN SYSTEM AND IT'S UNITY SYSTEM WHERE EXPERTS ARE GIVEN THE CHANCE TO STREAMLINE OUR AFFAIRS AND STOP BUSHMEN FROM DICTATING NONSES TO US IN THE NAME OF DEMO ...
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DEMOCRACY CANNOT SAVE THE FRAUDULENT AFRICA. WE NEED TO CREATE OUR OWN SYSTEM AND IT'S UNITY SYSTEM WHERE EXPERTS ARE GIVEN THE CHANCE TO STREAMLINE OUR AFFAIRS AND STOP BUSHMEN FROM DICTATING NONSES TO US IN THE NAME OF DEMOCRAZY.
ONLY FOOLS WILL VOTE NDC 10 years ago

U can give NDC 10,000 years they will fail. they are all dummies, blocked headed junkies with akomfem brains

U can give NDC 10,000 years they will fail. they are all dummies, blocked headed junkies with akomfem brains
OBURONIBA FITAFITA 10 years ago

Overshadowed by record negative events over the past few years a voter may be brain dead to vote for NDC.

Nothing seems to work right in Ghana these days. It is even sad to conclude that if there is a change of government ...
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Overshadowed by record negative events over the past few years a voter may be brain dead to vote for NDC.

Nothing seems to work right in Ghana these days. It is even sad to conclude that if there is a change of government the trend will continue because there will be no money left to govern. We are in the most pitiful turn in history as we offer reasons for posterity to measure or condemn our failure against extraordinary potentialities and natural legacies - a rare chance to build a paradise wasted and abused.

We have natural resources - gold, diamond, oil, gas, cocoa,bauxite,iron- all in comparable quantities. We have trained minds to manage and produce - all ready and poised to work. It beats the good minds !

Much of these reasons are surely attributed to ignorance and stiff unwillingness to admit and amend shortfalls. We stride with our heads so lifted up like zombies who fail to look down to sidestep the trenches of life .

We ask for loans against our inability to repay : we spend money like crazy with little consideration for pressing future needs : we steal and misuse public funds over which we are entrusted to preserve : we do not plan our projects well leaving them senselessly incomplete. Above all, we do all these things with impunity.

The absence of good stewardship eludes the minds of Ghanaian voters at the voting boothes.

Unless we sacrifice to offer ourselves chances for change we are bound to slide into a more adverse reality characterised by disaster and unamendable failure.
ISSIFU 10 years ago

When you vote for a slogan such as 'e de bee k3k3', you must be prepared to suffer. You must be prepared to face the consequences. You must be prepared to bite and swallow the bitter pill of incompetence and crass ineptitude, ...
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When you vote for a slogan such as 'e de bee k3k3', you must be prepared to suffer. You must be prepared to face the consequences. You must be prepared to bite and swallow the bitter pill of incompetence and crass ineptitude, visionless, non achieving, corruption riddled, officially ordained and sanctioned thievery.
That is the cost of your vote.
' and Jesus wept ' 10 years ago

We will get up, clear the dust off our body and keep on trucking. I can see the sun rising.

We will get up, clear the dust off our body and keep on trucking. I can see the sun rising.
OBURONIBA FITAFITA 10 years ago

One complicating factor potentially cancels out much of your optimism - repetition of mistakes. We are unfortunately known to do that.

One complicating factor potentially cancels out much of your optimism - repetition of mistakes. We are unfortunately known to do that.
Akufo 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Sir John 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Akufo 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Sir John 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Isaac Kusi, Bronx, NY. 10 years ago

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.
Isaac Kusi, Bronx, NY. 10 years ago

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.
Akufo 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Akufo 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Sir John 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Sir John 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Isaac Kusi, Bronx, NY. 10 years ago

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.
Isaac Kusi, Bronx, NY. 10 years ago

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.

Yes they need the money to import chicken, rice, toothpicks, secondhand clothing, canned tomatoes.
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
Banker 10 years ago

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,

In Ghana. crime pays very very well .
Tsiaaaaa Azaaa Economy .
Where are the industries ?
Import import import . Consumer Market
10% for oil , gold ,
princewilly@ymail.com 10 years ago

Larry gets home late one night and his wife, Linda, says, "Where in the hell have you been?"

Larry replies, "I was out getting a tattoo."

"A tattoo?" she frowned. "What kind of tattoo did you get?"

"I got a hundred d ...
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Larry gets home late one night and his wife, Linda, says, "Where in the hell have you been?"

Larry replies, "I was out getting a tattoo."

"A tattoo?" she frowned. "What kind of tattoo did you get?"

"I got a hundred dollar bill on my privates," he said proudly.

"What the hell were you thinking?" she said, shaking her head in disdain. "Why on earth would an accountant get a hundred Dollar bill tattooed on his privates?"

"Well, one, I like to watch my money grow. Two, once in a while I like to play with my money. Three, I like how money feels in my hand. And, lastly, instead of you going out shopping, you can stay right here at home and blow a hundred bucks anytime you want."
Yayira 10 years ago

We should mutiny! Our politicians are fooling and failing us. We vote for them today and they become rich the next day and careless about what is going on.

We should mutiny! Our politicians are fooling and failing us. We vote for them today and they become rich the next day and careless about what is going on.
@@@ 10 years ago

Switch back to the pound and all our problems will be solved

Switch back to the pound and all our problems will be solved
Homesense 10 years ago

We need not change to the Pound, Sir! If NPP was able to squarely peg the Cedi to the Dollar sometimes back, we can still do same now.

Only our economic managers need to think through.

We need not change to the Pound, Sir! If NPP was able to squarely peg the Cedi to the Dollar sometimes back, we can still do same now.

Only our economic managers need to think through.
YAW-COLUMBUS OH USA 10 years ago

Historically its been clearly depicts that the NDC and its leadership has no medicine to our socio-political and economic woes and specifically our foreign exchange.Their founder Rawlings,Mills and the current president are p ...
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Historically its been clearly depicts that the NDC and its leadership has no medicine to our socio-political and economic woes and specifically our foreign exchange.Their founder Rawlings,Mills and the current president are purely locally trained,backward,and inefficient that common micro and macro economics can not be adopted and implemented by them.To add more injuries to our economic woes,these leaders go on to appoint their cronnies who have no knowledge in economics and the global market.A shining example is the appointment of HARUNA IDRISU as a trade and industry minister.Haruna majourd in social work and went to Ghana law to study law.He is purely locally trained from Tamale to Accra and has no knowledge in economics and commerce.These terrible appointments are all over the NDC high level work force and it is really really bad for our economy.NKRUMAH AND KUFFOUR applied the micro and macro economic principles,used the right ministers on the field and applied their western/Ghanaian rich education to rule.Under their their leadership Ghana saw a tremendous improvements in our economy let be real.MAHAMAH MY ADVICE TO YOU IS IF DON,T DEVIATE FROM RAWLINGN,S BUGABUGA TYPE OF RULING,THERE IS NO WAY WE CAN DEVELOP UNDER YOUR LEADERSHIP.
OH NDC 10 years ago

If Mahama does not leave the Presidency the worse will befall Ghana. He stole the election and God will punish Ghana for that.

If Mahama does not leave the Presidency the worse will befall Ghana. He stole the election and God will punish Ghana for that.
GHFUO, LOVE/DOR YOURSELF! 10 years ago

WE CAN ATTAIN REAL WEALTH IF GH INVESTS IN MODERN FARMING, DRILLING FOR OIL, MINING FOR RESOURCES AND BUILDING FACTORIES TO MANUFACTURE GOODS FOR EXPORT. THIS IS HOW GH CAN MAKE MONEY. WE CANT DEPEND ON BANKS TO REVIVE OR SUS ...
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WE CAN ATTAIN REAL WEALTH IF GH INVESTS IN MODERN FARMING, DRILLING FOR OIL, MINING FOR RESOURCES AND BUILDING FACTORIES TO MANUFACTURE GOODS FOR EXPORT. THIS IS HOW GH CAN MAKE MONEY. WE CANT DEPEND ON BANKS TO REVIVE OR SUSTAIN OUR ECONOMY. MY FAVORITE CAPITALISTS ARE COMMUNISTS. THE COMMUNISTS MANAGE THEIR CAPITALISM VERY WELL....
NANA IS USING BAWUMIA 10 years ago

NPP FLOATED THE EUROBOND IN 2007 TO FUND THEIR POLITICAL CAMPAIGN FOR ELECTION 2008 WITH THE HOPE OF WINNING AND MAKING UP FOR THE MISUSE OF PROCEEDS FROM THE BONDS. BUT THEY LOST MISERABLY TO ATTA MILLS.

NPP FLOATED THE EUROBOND IN 2007 TO FUND THEIR POLITICAL CAMPAIGN FOR ELECTION 2008 WITH THE HOPE OF WINNING AND MAKING UP FOR THE MISUSE OF PROCEEDS FROM THE BONDS. BUT THEY LOST MISERABLY TO ATTA MILLS.
Jato Julor (J.J.) Rawlings 10 years ago

You are a liability to Maaame Ghana,my stepson !

Ignorant like a day-born baby and naive but with access to the internet.

Go and read the Ghana govt's letter to the IMF in 2009 and grow some brains.

You are a liability to Maaame Ghana,my stepson !

Ignorant like a day-born baby and naive but with access to the internet.

Go and read the Ghana govt's letter to the IMF in 2009 and grow some brains.
DAN 10 years ago

dicksucker

dicksucker
EZEKIEL 10 years ago

We IMPORT ALL we DON'T PRODUCE and EXPORT ALL we NEED. What do you expect from the Cedi ?? Even "CONCRETE" cannot SUPPORT the cedi enough UNLESS we create MORE jobs IN THE COUNTRY!!Our produce is TOO OUTWARDS=EXPORT orientie ...
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We IMPORT ALL we DON'T PRODUCE and EXPORT ALL we NEED. What do you expect from the Cedi ?? Even "CONCRETE" cannot SUPPORT the cedi enough UNLESS we create MORE jobs IN THE COUNTRY!!Our produce is TOO OUTWARDS=EXPORT orientiert.........and this has been designed for the colonial master. For 56 yrs. WHAT have we done to make it better ?????
BOLD 10 years ago

We ask for loans against our inability to repay : we spend money like crazy with little consideration for pressing future needs : we steal and misuse public funds over which we are entrusted to preserve : we do not plan our p ...
read full comment

We ask for loans against our inability to repay : we spend money like crazy with little consideration for pressing future needs : we steal and misuse public funds over which we are entrusted to preserve : we do not plan our projects well leaving them senselessly incomplete. Above all, we do all these things with impunity. BE BOLD TO ACCEPT THIS
GREAT NANA ANTWI 10 years ago

ARE YOU IN NEED OF A FAST POWERFULL SPIRITUALIST?THEN GOOGLE OR GO TO www greatnanapowerfullspiritualist blogspot.com

ARE YOU IN NEED OF A FAST POWERFULL SPIRITUALIST?THEN GOOGLE OR GO TO www greatnanapowerfullspiritualist blogspot.com
DAN 10 years ago

maybe you should trade in dollar with you neighbors!

maybe you should trade in dollar with you neighbors!

Ghana’s Foreign Exchange Market dries up before bond sale

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