Gov’t is broke - Collins Dauda

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cha 10 years ago

They destroyed our country for over 20yrs yet we have fools that vote for NDC

They destroyed our country for over 20yrs yet we have fools that vote for NDC
GO 10 years ago

this is no news

this is no news
Gye Nyame 10 years ago

Make it 1963 when we starting borrowing and running short of milk and what Ghanaians like to term essential commodities but on a serious note our country should not be broke if we could smartly use both our human and natural ...
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Make it 1963 when we starting borrowing and running short of milk and what Ghanaians like to term essential commodities but on a serious note our country should not be broke if we could smartly use both our human and natural resources. The corruption is too much and trust me it started during Nkrumah's time, corrruption is just in the Ghanaian DNA.
Zoobie-Zoobie 10 years ago

THE same rascals.

THE same rascals.
UOIU 10 years ago

OUR BEGGING BOWL IS NOT NEW; THAT MEANS GHANA WAS BROKE SINCE WE PULL THE BEGGING BOWL OUT

OUR BEGGING BOWL IS NOT NEW; THAT MEANS GHANA WAS BROKE SINCE WE PULL THE BEGGING BOWL OUT
Gaby Bruk 10 years ago

Ghana Has Failed – Amoabeng
General News of Saturday, 25 August 2012
Source: Daily Guide

Prince Kofi Amoabeng, Chief Executive Officer (CEO) of UT Bank, says Ghana has failed in spite of the recognition of the countr ...
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Ghana Has Failed – Amoabeng
General News of Saturday, 25 August 2012
Source: Daily Guide

Prince Kofi Amoabeng, Chief Executive Officer (CEO) of UT Bank, says Ghana has failed in spite of the recognition of the country as an emerging economy.

He said “truly from what I have seen in the last 50 years I can truly say that Ghana is a failing state. Businesses are not being helped to flourish because of the lack of structure and infrastructural developments.”

He explained that Ghana’s economy has not been in the best shape in the past 50 years and businesses, which are the backbone of any successful economy, continue to be killed by those who have been at the helm over the years.

Mr. Amoabeng disclosed this while speaking on the topic “challenges facing private sector businesses in Ghana” at a forum held to celebrate the 1st anniversary of The Finder, a private newspaper set up by the former Managing Director of Graphic Communication Limited.

He noted that Ghana has not been able to realize its development potential because there is too much corruption and indiscipline in every sector, particularly the public service.

“Because of the structural breakdown, Ghanaians do not feel accountable to anyone and corruption has taken over every aspect of our economy,” he reiterated.

He said in spite of Ghana’s touted democratic credentials, the type of structures and systems that would make Ghana an economic success had not been delivered.

The UT Bank boss called for practical steps to be taken in order to create the enabling environment for businesses to thrive.

Mohammed Awal, Chief Executive Officer (CEO) of Marble Communications Group, publishes of The Finder, The Weekend Finder and Finder Sports, said the anniversary topic: “Strengthening State Institutions for Private Sector Development” was chosen to highlight the need for the state to play an active role in developing the private sector.

“The state must collaborate with the private sector to encourage development, he said, adding that The Finder was developed to complement journalism in national development and they were committed to producing credible, balance and development-oriented stories.

He announced that the company will next year come out with its business paper and an electronic media house.

Peter Jones, the British High Commissioner to Ghana, said Africa’s private sector had generated an estimated 70 percent of the continent’s output, approximately two-thirds of its investment and 90 percent of employment on the continent.

He added that based on these statistics offered by the African Union (AU), the creation and development of private sector job, is seen as one of the most effective and sustainable strategies for alleviating poverty in Africa.

He said Africa could reduce dependence on foreign aid if the private sector becomes dynamic.

Mr. Jones noted that challenges facing Ghana’s private sector such as high cost of utility, lack of access to information on external markets and inadequate physical infrastructure could be tackled if the sector is given the needed attention.
OBAA YAA 10 years ago

Yesterday, we heard from Seth Terkper minister for Finance in this forum that Ghana economy is sound and he blame the NPP of lies. Today, the Minister for Water Resources, Works and Housing, Alhaji Collins Dauda confirmed on ...
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Yesterday, we heard from Seth Terkper minister for Finance in this forum that Ghana economy is sound and he blame the NPP of lies. Today, the Minister for Water Resources, Works and Housing, Alhaji Collins Dauda confirmed on the floor of Parliament yesterday that the government is indeed broke…..Who is telling the truth?
OLD SOLDIER 10 years ago

When Kwaku Baako informed us about the atrocities of Kwesi Pratt during PNDC Regime, some of us did not believe until the truth was confirmed during the NRC. Kwesi Pratt is the most dangerous Journalist Ghana had ever have, h ...
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When Kwaku Baako informed us about the atrocities of Kwesi Pratt during PNDC Regime, some of us did not believe until the truth was confirmed during the NRC. Kwesi Pratt is the most dangerous Journalist Ghana had ever have, he had the gut to recommend his fellow journalists to be executed by PNDC. Pratt even recommended Baako to be killed by the regime, thank God Baako was instead touchered violently and severely but his life was spared. This is what Kwesi Pratt can do. Now Pratt is a secret agent to NDC and US Embassy in Ghana. May God forgive Pratt and spare him the untold evils that will come upon him and his generations. The souls of those journalist killed through Pratt's recommendations to PNDC will never forgive Pratt. Now Pratt has the guts to take Diplomatic Passport and smuggled his weak-headed children to work at the Ministries under Mills NDC, may God forgive Pratt and his dependance and spare them of the evils ahead of them...
PAA 10 years ago

Npp would surely pay for their demonic and evil plans. Now where is the npp communication team? No more useless responses. Thieves. What npp are looking for is to come to power to loot the nation's resources. Npp thinks Ghan ...
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Npp would surely pay for their demonic and evil plans. Now where is the npp communication team? No more useless responses. Thieves. What npp are looking for is to come to power to loot the nation's resources. Npp thinks Ghanaians have soon forgotten when they were stealing gold, money, land and other state properties. Ministers saving government loans in their individual foreign accounts and keeping the interest accrued before releasing the capital to nation's coffers. In fact, the SC is really wasting time that is why these crooks think they still stand a chance. Where on earth have you seen SC removing democratically elected president and putting in a 70 years old drug baron, greedy and arrogant man as president? You have been found out and God will punish you for wasting Ghanaian tax-payers money
agaagya 10 years ago

keep on dreaming,if npp were not good, Ghanaian voted for change and after 5years of ndc if the country is still confused state then there is incompetent at the management of the country.

keep on dreaming,if npp were not good, Ghanaian voted for change and after 5years of ndc if the country is still confused state then there is incompetent at the management of the country.
Moses 10 years ago

Can you ever trust an NDC Ewe Minister to tell the truth?

Can you ever trust an NDC Ewe Minister to tell the truth?
DAN 10 years ago

population has nothing to do with most water systems in usa...Its the distance between houses or business...If you live in rural/farming areas you have wells/boreholes but if you live in city(accra,kumansi,cape coast, Sunyani ...
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population has nothing to do with most water systems in usa...Its the distance between houses or business...If you live in rural/farming areas you have wells/boreholes but if you live in city(accra,kumansi,cape coast, Sunyani) you have water that comes out of pipes!...Do something with your tax money beside buy expensive cars and homes for MP's and Mayors
KK 10 years ago

SINCE 1966; GHANA STARTED BORROWING FROM DONA COUNTRIES; SO WHAT A HELL ARE YOU TELLING US TODAY? SINCE WHEN DID GHANA HAVE MONEY?

SINCE 1966; GHANA STARTED BORROWING FROM DONA COUNTRIES; SO WHAT A HELL ARE YOU TELLING US TODAY? SINCE WHEN DID GHANA HAVE MONEY?
UOIU 10 years ago

LISTEN TO THIS MAN TRYING TO PUT DASH IN OUR EARS; HAVE YOU FORGOTEN OF THE BEGGING BOWL?

LISTEN TO THIS MAN TRYING TO PUT DASH IN OUR EARS; HAVE YOU FORGOTEN OF THE BEGGING BOWL?
NDC NKWASEAFO 10 years ago

THE TOWNS DO NOT QUALIFY TO HAVE GOOD DRINKING WATER BECAUSE THEY ARE NOT 2000 AND SO MUST BORING BOREHOLE WATER...THESE PEOPLE VOTED FOR NDC...VERY SAD...SKIN PAIN GHANAIANS DESERVE THIS NDC SNOB

COME ELECTION TIME...THE ...
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THE TOWNS DO NOT QUALIFY TO HAVE GOOD DRINKING WATER BECAUSE THEY ARE NOT 2000 AND SO MUST BORING BOREHOLE WATER...THESE PEOPLE VOTED FOR NDC...VERY SAD...SKIN PAIN GHANAIANS DESERVE THIS NDC SNOB

COME ELECTION TIME...THE ET MENSAH STRATEGY WILL BE APPLIED AGAIN: BRIBE THEM WITH GH500 EACH AND THE Y ARE BACK IN POWER TO INSULT THEM AGAIN AND AGAIN...POOR GHANA
Frank Agyena-Karikari 10 years ago

Ghana was broke before 1966. Read declassified information of the State dept of USA about Ghana. You will find out how Nkrumah had his begging cup in his hands asking for aid but were ignored by the West because of his lean t ...
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Ghana was broke before 1966. Read declassified information of the State dept of USA about Ghana. You will find out how Nkrumah had his begging cup in his hands asking for aid but were ignored by the West because of his lean towards Soviet Union during the Cold War. Yes Ghana was broke before 1966. That is why people had started to queue foe soap, sugar and milk. Any Ghanaian visitor on this forum can attest to this. Queuing did not start at the time of Kutu or Jerry. It did at the time of Nkrumah.
GHANA 10 years ago

PLEASE GHANA IS BROKE SINCE; SAY THE BEGGING BOWL IS EMPTY NOW:

PLEASE GHANA IS BROKE SINCE; SAY THE BEGGING BOWL IS EMPTY NOW:
KK 10 years ago

THIS IS NO NEWS TO A BORROWING COUNTRY LIKE GHANA SINCE NKRUMAH WAS OVERTHROWN

THIS IS NO NEWS TO A BORROWING COUNTRY LIKE GHANA SINCE NKRUMAH WAS OVERTHROWN
DAN 10 years ago

Ghana should be just as rich as Saudi Arabia or Norway..but instead they are like their neighbor nigeria and taken advantage of..The richest companies in america are oil companies bringing in BILLIONS per 1/4 year earnings st ...
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Ghana should be just as rich as Saudi Arabia or Norway..but instead they are like their neighbor nigeria and taken advantage of..The richest companies in america are oil companies bringing in BILLIONS per 1/4 year earnings statements!
Nicholas J Bedzo 10 years ago

Don,t sitdown and be looking back to
make progress,forget about yesterday
is already gone and will never come
back,think about something progessive,
for tomorrow.

Don,t sitdown and be looking back to
make progress,forget about yesterday
is already gone and will never come
back,think about something progessive,
for tomorrow.
zomabi 10 years ago

SO GHANA IS BROKE, IS THE PRESIDENT AND HIS OVER-BLOATED CABINET BROKE

SO GHANA IS BROKE, IS THE PRESIDENT AND HIS OVER-BLOATED CABINET BROKE
Frank Agyena-Karikari 10 years ago

The president has said the government is broke but the Finance Minister keeps throwing dust into our eyes that the country is not broke. We cannot pay workers on time, some are not paid for more than a year, no new contracts ...
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The president has said the government is broke but the Finance Minister keeps throwing dust into our eyes that the country is not broke. We cannot pay workers on time, some are not paid for more than a year, no new contracts to be signed, strikes galore and Mr. Minister you tell Ghanaians that Ghana is not broke? You are a Holy Liar then. Now, Dauda too has come to confirm that there is no money. What do you say Finance Minister? Ghanaians know who is lying now. There is an Akan proverb which goes like this: Wo mmame awu na wo se w'da a hwan na okom de no? Translated literally as "If your mother is dead and you tell people she is asleep, tell who is hungry now. The government should tell Ghanaians the true state of the economy and reduce the extravagant lives of appointees and money dished out to ministers. Perhaps Ghanaians will sympathize with them.
agaagya 10 years ago

these gang of N D C are country destroyers, their music is lies,propaganda and stealing the country dry. That is the school of the revolution.

these gang of N D C are country destroyers, their music is lies,propaganda and stealing the country dry. That is the school of the revolution.
GHANA 10 years ago

GHANA AND BROKE ARE THE SAME AGE MATE

GHANA AND BROKE ARE THE SAME AGE MATE
kululu 10 years ago

Stop the guinea fowl project and use the money for some of these important projects

Stop the guinea fowl project and use the money for some of these important projects
DAN 10 years ago

that stole all money to buy water and food for the birds so the project ends when the birds die

that stole all money to buy water and food for the birds so the project ends when the birds die
KOFI 10 years ago

Which of you is telling lies, the Minister of Finance of the Minister of Water Resources?

Which of you is telling lies, the Minister of Finance of the Minister of Water Resources?
Home Boy 10 years ago

The Govt is NOT broke, it's only experiencing small cash flow problem.

The Govt is NOT broke, it's only experiencing small cash flow problem.
ASEM BE BA DABI 10 years ago

This is strange because the finance minister says Ghana is not broke.NDC fullof incompetent.

This is strange because the finance minister says Ghana is not broke.NDC fullof incompetent.
Zoobie-Zoobie 10 years ago

THEY are the same...self-seeking

THEY are the same...self-seeking
LONTO-BOY 10 years ago

Is it any surprise this NDC Government is broke? You cannot borrow money[foreign loans]and squander them on MP's astronomical salaries, and to fund activities and salaries of over-bloated Government and unproductive public se ...
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Is it any surprise this NDC Government is broke? You cannot borrow money[foreign loans]and squander them on MP's astronomical salaries, and to fund activities and salaries of over-bloated Government and unproductive public service.
MENSAH 10 years ago

The NDC will always propound a lie to deceive the nation of ECONOMIC PROSPERITY.
THEY ARE LOARS.
TEKPEH says,the GDP is approximately 80% growth this year as opposed to 38" last year.
But this increase does not reflect on ...
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The NDC will always propound a lie to deceive the nation of ECONOMIC PROSPERITY.
THEY ARE LOARS.
TEKPEH says,the GDP is approximately 80% growth this year as opposed to 38" last year.
But this increase does not reflect on the problems on the ground,just as FIFI KWETEY,DUFOUR etc,were lying to the nation,when DR.BAWUMIS refuted it by saying:
THE BOOSTED ECONOMY OF GHANA SHOULD RELECT IN THE POCKETS OF THE COMMON MAN ON THE STREET.
If you would recall,this statement was enough to send our late ATTA MILLS to the MALAM ATTA MARKET to start his "KENKEY POLITICS".
BAWUMIA was right and FIFI KWETEY & DUFOUR were all wrong,because later,BAWUMIA'S ASSERTION was concretized and affirmed by A WOMAN from IMF,who told ATTA MILLS right in his face:
FIX THE ECONOMY.
FIFI KWETEY & DUFOUR SHUT UP,IN RESPONSE TO THE IMF ASSERTION.
NDC has succeeded in deceiving the citizenry for so long but THEY CAN'T SUCCEED ALL THE TIME.
NDC dOES NOT BELONG.
THERE IS GOING TO BE A CHANGE.
HOW?
MAHAMA OUT,NANA ADDO IN.
WHY?
BECAUSE CHAMGE IS NECESSARY IN EVERY SUCCESS EQUATION,AND GHANA NEEDS TO SUCCEED,PERIOD.
IT WILL NOT TAKE MAHAMA AND HIS GUINEA FOWL POLITICIANS TO ADDRESS THE KIND OF CHANGE GHANA NEEDS.
CRISIS ALWAYS OCCURS AT THE CURVE OF EVERY CHANGE:
THERE ARE CRISIS EVERYWHERE IN GHANA NOW:POWER CRISIS,WATER,CORRUPTION,JUDGEMENT DEBT PAYMENTS,ELECTION PETITION UNDER CONTENTION,BAD ECONOMIC STRATEGY OF NDC,INFRASTRUCTURAL DEFICIENCY,BAD EDUCATION STANDARD THAT DOES NOT ADDRESS OR TAILORED TO JOB CREATION,"TEAM Z" INCOMPETENT,NAIVE CABINET MINISTERS MAKING WRONG DECISION FOR THE NATION,DEPLORABLE ROAD CONDITIONS,HIGHER LENDING RATES NOT ATTRACTIVE ENOUGH FOR FOREIGN INVESTMENTS,UNEMPLOYMENT,NO ADEQUATE GUN CONTROL RULES,ARMED ROBBERY,COUNTERFEIT CURRENCIES IN CIRCULATION,hey,THE LIST GOES ON AND ON.
YET NDC SAYS GHANA'S ECONOMY IS NOT BAD,THOUGH THE OIL IF FLOWING,WE HAVE:
GOLD,DIAMONDS,MANGANESE,COPPER,BAUXITE,URANIUM,COCOA,LUMBER,COTTON AND A HOST OF OTHER NATURAL RESOURCES,YET:
THERE IS A WHOLE LOTS OF STRUGGLING BEING ENCOUNTERES EVERYWHERE.
CHANGE IS INNEVITABLE,WHETHER MAHAMA CLAIMS HIS RULERSHIP IS ORDAINED BY GOD OR SATAN.
CHANGE IS COMING,JUST GET READY FOR IT.
MAY GOD BLESS GHANA & AFRICA!
IN JESUS' NAME,
AMEN
\KOFI DAMESI 10 years ago

THE FINANCE MINISTER TERKPER SAYS GOVERNMENT IS NOT BROKE AND AN NDC MP DAUDA OF ASUTIFI SOUTH SAYS GOVT IS BROKE. WHICH IS WHICH? AFATI GYAN OR ASIEDU NKESTIA? GHANAIANS SHOULD REMOVE NDC NOW........

THE FINANCE MINISTER TERKPER SAYS GOVERNMENT IS NOT BROKE AND AN NDC MP DAUDA OF ASUTIFI SOUTH SAYS GOVT IS BROKE. WHICH IS WHICH? AFATI GYAN OR ASIEDU NKESTIA? GHANAIANS SHOULD REMOVE NDC NOW........
Ghanaian 10 years ago

Since daily guide is noted for misreporting, it is obvious this is another piece of misreporting!

Since daily guide is noted for misreporting, it is obvious this is another piece of misreporting!
Balawo President 10 years ago

The president says 'we are broke'; the finance minister says ' no we are not broke' and then the water resources minister says 'no, we are broke, paa'. The situation typifies the chaotic situation in Atopahene's Ghana.

The president says 'we are broke'; the finance minister says ' no we are not broke' and then the water resources minister says 'no, we are broke, paa'. The situation typifies the chaotic situation in Atopahene's Ghana.
KWAA 10 years ago

The Finance Minister said,Ghana is not in Economic crises.Now the Minister of Water Resources is saying Ghana is broke,so which is which?
NDC keeps on lying to Ghanaians,but the most ironic part of the whole lies are,it does ...
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The Finance Minister said,Ghana is not in Economic crises.Now the Minister of Water Resources is saying Ghana is broke,so which is which?
NDC keeps on lying to Ghanaians,but the most ironic part of the whole lies are,it doesn`t even take a day,for them to lie again to expose the first lie.
Will this Government be bold enough and stop this politics and come out to tell Ghanaians the real condition of our Economiy?Atleast then we shall know our stand.
We all know things are not going well with our Country,but these politicians take all of us for fools,by lying in our faces.
DAN 10 years ago

sooner or later you forgot what story you told and get caught in the lie!

sooner or later you forgot what story you told and get caught in the lie!
Whatever 10 years ago

The honest confession of non-availability of funds by the minister in relation to the contruction concrete drains in those communities doesn't mean government is broke. How can a broke government pay workers, pay ex gratias t ...
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The honest confession of non-availability of funds by the minister in relation to the contruction concrete drains in those communities doesn't mean government is broke. How can a broke government pay workers, pay ex gratias to Kofi Jumah, Nana Akomea and co?
Malik 10 years ago

NDC Hungry Lions.God don punish una.

NDC Hungry Lions.God don punish una.
JAMES Y 10 years ago

The title of the above article is misleading, which is normal about Daily Guide publications. Printing lies and twisting facts are its stock-in-trade. Mr Dauda saying..."the recommendations have not been carried out because o ...
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The title of the above article is misleading, which is normal about Daily Guide publications. Printing lies and twisting facts are its stock-in-trade. Mr Dauda saying..."the recommendations have not been carried out because of the non-availability of funds" does not mean the "Gov't is broke" as the Daily Guide wants us to understand.
EZEKIEL 10 years ago

GHANA IS BROKE....get that alone INTO your SKULL!!! If you continue to spend more than your INCOME,what do you think happens when your CREDIT-LINE is CLOSED ?? TWERP!!
CLOSE the LOOP-HOLES in the Tax system to START with!
I ...
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GHANA IS BROKE....get that alone INTO your SKULL!!! If you continue to spend more than your INCOME,what do you think happens when your CREDIT-LINE is CLOSED ?? TWERP!!
CLOSE the LOOP-HOLES in the Tax system to START with!
It is NOT GOVT which is broke!!It is Ghana.!
Gawuga 10 years ago

NDC many in bodies and minds

NDC many in bodies and minds
DAN 10 years ago

for China men working in ghana the economy is great

for China men working in ghana the economy is great
Gawuga 10 years ago

Finance minister sees green shoot

Finance minister sees green shoot
de 10 years ago

Gov't is broke! Gov't isn't broke! As always, and shall be for ever, ministers of this clueless, disgusting gov't will keep throwing dust into the eyes of Ghanaians. They continue to make conflicting statements. Mr Terkper te ...
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Gov't is broke! Gov't isn't broke! As always, and shall be for ever, ministers of this clueless, disgusting gov't will keep throwing dust into the eyes of Ghanaians. They continue to make conflicting statements. Mr Terkper tells us gov't isn't broke, and now Mr Dauda, Water Resources, Works and Housing Minister tells Ghanaians through the Legislature that "indeed, gov't is broke". Who is telling the truth? Broke and not broke. Let Mr Dauda paint the picture that gov't is broke so that money could be misappropriated. Mr Dauda simply says the Finance Minister didn't come out with the truth. Yet the picture that gov't has been painting to Ghanaians and the International community is that the country is doing very well economically? How can a country be making giant strides economically with a broke gov't? As always, they will never stop contradicting themselves. We will not always be "foolish Ghanaians."
Kofi 10 years ago

Your minister of finance says the country is not broke and you come and tell us something different. Go and settle the issue with Tekper and come back. Liars!

Your minister of finance says the country is not broke and you come and tell us something different. Go and settle the issue with Tekper and come back. Liars!
SULE 10 years ago

And from 2009 till present there's still no funds to undertake these projects. Is this John Mahama gov't indeed, serious at all? There's no way Ghanaians voted for John Mahama's gov't. Ghanaians deserve better than this joke ...
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And from 2009 till present there's still no funds to undertake these projects. Is this John Mahama gov't indeed, serious at all? There's no way Ghanaians voted for John Mahama's gov't. Ghanaians deserve better than this joke of an administration.

Gov’t is broke - Collins Dauda

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