Bawumia predicted that the dollar will go for not less than 6 cedis in few months, anyway, the ewes and northners know that ndc has failed but because of tribalism, opportunism, and illiteracy, have blinded them
Bawumia predicted that the dollar will go for not less than 6 cedis in few months, anyway, the ewes and northners know that ndc has failed but because of tribalism, opportunism, and illiteracy, have blinded them
ben 8 years ago
It is this arrogant and tribalistic behaviour of this akans that is causing their downfall. If cedi is going down why insult ewes n northerners? Has the cedi not depreciated under Kuffour government? Have akans stopped voting ... read full comment
It is this arrogant and tribalistic behaviour of this akans that is causing their downfall. If cedi is going down why insult ewes n northerners? Has the cedi not depreciated under Kuffour government? Have akans stopped voting for npp? You people are the cause of npp's doom yet you will not learn lesson. Pride n arrogance will kill you people.
AGYEMAN! 8 years ago
Wikileaks: Akufo-Addo's Reputation As Marijuana Smoker May Damage Him Politically
>
05-Sep-2011
Comments ( 84 ) Email Print
Related Stories
It is becoming increasingly ob ... read full comment
Wikileaks: Akufo-Addo's Reputation As Marijuana Smoker May Damage Him Politically
>
05-Sep-2011
Comments ( 84 ) Email Print
Related Stories
It is becoming increasingly obvious that the issue of drug use and arrogance among others are now an albatross that is getting more tightly fixed around the neck of New Patriotic Party (NPP) flagbearer, Nana Addo Dankwa Akufo-Addo, as the allegations have now formally taken an international dimension.
The latest to give credence to the barrage of the damning allegation of drug use against the NPP flagbearer is a newly released declassified wikileaks report by former United States Abbassador to Ghana, Pamela Bridgewater, on the profile of NPP presidential aspirants ahead of the 2008 elections.
The report had this to say about the two-time NPP flagbearer: “Nana Akufo-Addo: An ethnic Akyem from the Eastern Region, Akufo-Addo is a formidable contender for the NPP slot. He is respected for his intelligence, political family background, and broad government experience, which includes tenures as Minister of Justice and Minister of Foreign Affairs. He is reportedly backed by NPP youth and Akyem businessmen. On the other hand, he has poor organizational skills and often comes across as arrogant and formal, which may not play well with many party activists and Ghanaian voters. His reputation as a womanizer and occasional marijuana smoker may also damage him politically.”
At the time the confidential report under the subject ‘GHANA AND THE 2008 ELECTION: PROSPECTS FOR THE RULING NPP’ was written, only eight of the seventeen flagbearer aspirants of the NPP had declared their intention.
Please read the full report below:
C O N F I D E N T I A L SECTION 01 OF 03 ACCRA 002270 SIPDIS SIPDIS E.O. 12958:
DECL: 09/25/2016
TAGS: GH PGOV PINR
SUBJECT: GHANA AND THE 2008 ELECTION: PROSPECTS FOR THE RULING NPP ACCRA 00002270 001.2 OF 003
Classified By: PolChief Scott Ticknor for reasons 1.5 d and e. 1. (C)
Summary:
Ghana,s 2008 presidential election is still far away and the ruling New Patriotic Party will not choose its presidential candidate until its scheduled December 2007 convention. Nonetheless, there are already at least twelve contenders for the NPP flag-bearer position, including a number of sitting ministers and the Vice President. This is creating friction within the party, which will only intensify over the coming year. At this point, Vice President Aliu Mahama and Foreign Minister Akufo-Addo are front-runners. The party's choice of a candidate and its success in managing its internal tensions will be key to its success in 2008. End Summary
There are currently eight declared NPP aspirants: Nana Addo Dankwa Akufo-Addo (Minister for Foreign Affairs, Regional Cooperation and NEPAD), Dr. Kofi Konadu Apraku (former Minister for Regional Cooperation), Kwame Addo Kufuor (Minister of Defense), Hackman Owusu Agyeman (Minister for Water Resources, Works and Housing), Yaw Osafo-Maafo (former Minister for Education, Youth and Sports), Professor Frimpong Boateng (a renowned heart surgeon), Dr. Arthur Kennedy (a medical practitioner and a party activist based in the United States), Effah Dartey (former Chairman of the Narcotics Control Board and Deputy Interior Minister until he was removed in April, 2006), and Kwabena Agyepong (former Presidential spokesperson). Boateng, Kennedy, Dartey and Agyepong have very little following in the party.
3. (SBU) Likely aspirants yet to formally declare their interest include Vice President Aliu Mahama, Communication Minister Professor Mike Ocquaye, and Minister for Trade, Industries, Private Sector Development and Presidential Special Initiatives (PSI) Allan Kyerematen
Profiles of the Main Aspirants
4. (C) The most prominent aspirants are profiled below:
Nana Akufo-Addo: An ethnic Akyem from the Eastern Region, Akufo-Addo is a formidable contender for the NPP slot. He is respected for his intelligence, political family background, and broad government experience, which includes tenures as Minister of Justice and Minister of Foreign Affairs. He is reportedly backed by NPP youth and Akyem businessmen. On the other hand, he has poor organizational skills and often comes across as arrogant and formal, which may not play well with many party activists and Ghanaian voters. His reputation as a womanizer and occasional marijuana smoker may also damage him politically.
Aliu Mahama: As Vice President, he has the advantage of national name recognition. He is generally seen as likable and has become more visible in the past months, projecting himself as presidential. The fact that he is Muslim on balance will probably hurt his presidential ambitions. (Some contacts doubt that the majority Christian population is prepared to select a Muslim candidate, and Aliu is unpopular even within some elements of the Muslim community.) Although a northerner, his support in the northern heartland remains weak because of discontent among unemployed youth, persistent poverty in the north, and a perception that he did little to resolve the long-standing Dagbon chieftaincy dispute.
Aliu is isolated within his party and is seen by some as unable to control senior presidential staff. He is not identifiably linked to any major achievement in the NPP and so far lacks the requisite handlers and core advisors to manage a presidential campaign. Aliu flirts with Iran and hopes Kuwait and Saudi Arabia will help generate campaign resources.
Dr. Kofi Konadu Apraku: A Ph.D. economist, Apraku was an economic spokesman while in opposition but was seen as a weak Trade and Industry Minister and later Regional Cooperation and NEPAD Minister in Kufuor's cabinet. Kufuor dropped him in the April/May Cabinet reshuffle. He is an NPP loyalist but lacks substantial support within the party.
Kwame Addo Kufuor: Defense Minister and younger brother of President Kufuor, he has abundant resources, broad technical experience, and the support of key Ashanti businesses. His sponsors hope for a coalition with a northerner or Ewe as a running mate. However, many in the NPP are concerned that selection of the president's brother and another Ashanti would leave the party vulnerable to accusations of cronyism and ethnic bias.
Yaw Osafo-Maafo: A former Minister for Education, Youth and Sports and a former Finance Minister, he has a reputation for leadership. He is credited with helping revive the economy and restoring macroeconomic stability soon after succeeding the NDC. He gained kudos when as Education and Sports Minister the national soccer team, the Black Stars, qualified for the World Cup. He has substantial wealth to support a presidential campaign. Nonetheless, his involvement in corruption and his open ambitions cost him his position in the April 2006 cabinet re-shuffle and could hurt his race for the party ticket. His campaign seems to have lost some steam in recent weeks.
Hackman Owusu Agyeman: a tough party operator with a power base in the Eastern Region, he is a founding member of the NPP party and has held several important party positions. He entered parliament in 1997 and served as the party's Ranking Member for Foreign Affairs. His biggest strength is his extensive experience. He has been in cabinet since the beginning of the Kufuor era, first as Foreign Minister, later as Interior Minister, and currently as Minister of Water Resources, Works and Housing. Working against his candidacy are his Ashanti roots (his supporters refer to him as a Juaben, but he is technically Ashanti) and his prickly, sometimes belligerent and elitist personality.
Allan Kyerematen: A respected, popular technocrat and Trade Minister, he is seen as a moderate and a rising star of the party. He gained respect as former Ambassador to the United States and as the originator of the President's Special Initiatives (PSI) concept. He is gradually building a base within the Central and Western regions and is a close ally of party chairman, Peter Mac Manu, Education, Science and Sports Minister, Papa Owusu Ankomah, and Attorney General Joe Ghartey. He may have difficulty because of his Ashanti ties (his mother is Ashanti and his father Fanti). He also lacks electoral experience and has faced criticism for the lackluster performance of the PSI.
Main Factors Influencing the Decision
5. (SBU) Personal Traits: the NPP will want a candidate with broad popular appeal. This may favor Aliu and Kyerematen. To a lesser extent, it may also help Akufo-Addo because of his polished, intellectual image.
6. (C) Kufuor's Role: President Kufuor publicly remains impartial among the various contenders, conscious that any favoritism at this time (especially toward an Ashanti) would undermine party unity. Although some in the NPP resented Kufuor's attempts to impact the selection of party chairman last year, Kufuor will eventually have an important, low-key influence on the party's choice of presidential candidate. Some contacts are convinced that Kufuor privately favors Alan Kyerematen. PNC leader Edward Mahama agrees with this, recently telling Ambassador that the Asantahene (an important power broker in the NPP and close to Kufuor) dislikes Akufo-Addo because of his ties to a rival traditional leader.
7. (C) Ethnic and Regional Balance: The NPP will probably seek a shift from its main power base in the Ashanti and Brong Ahafo Regions to the Eastern Region, its second traditional support base. Rivalry between Ashantis and Akyems have undermined unity in the NPP and its predecessors, costing them victory in the 1979 election. The party may therefore favor Akyems to counterbalance its current Ashanti leanings. This may benefit Nana Akufo Addo, Yaw Osafo Maafo and Hackman Owusu Agyeman ) all from the Eastern Region (the first two are Akyems). Some observers, however, believe that the NPP will focus on appealing to the key swing Central, Greater Accra and Western regions. This may favor Kyerematen or a possible dark horse of the likes of Minister of Education Papa Owusu-Ankomah (who reportedly is exploring a candidacy).
Comment
8. (SBU) The NPP's success in influencing upcoming District Assembly elections and in winning parliamentary by-elections will also impact its decision about a presidential candidate. NPP leaders will also weigh the nature of the opposition (reported septel) and the national mood. The party's ultimate electoral success will depend on many factors, including the GOG's ability to translate economic success into poverty reduction and to manage perceptions of growing corruption.
9. (C) We can expect heightened friction within the NPP and the government over the coming year, with the likelihood that some NPP candidates will eventually break from the party to form their own parties, join the nascent Democratic Freedom Party, or run as independents. How this plays out will be a major factor in the NDC's prospects. As one media contact, told PolChief, the NDC's chances in 2008 depend to a significant extent on &the level of NPP self-destruction. BRIDGEWATER
Source: The Catalyst
Bank of Ghana 8 years ago
The ugly Kofi Wampah is blowing shit once again, all what the idiot is saying has absolute nothing to do with the truth. He is talking nonsense!
The ugly Kofi Wampah is blowing shit once again, all what the idiot is saying has absolute nothing to do with the truth. He is talking nonsense!
halid 8 years ago
Ben, don't think that any moron who posts tribalistic comments here is an Akan. Some people deliberately hide behind the internet and pitch Akans against other tribes so that some political parties will appear more tribalisti ... read full comment
Ben, don't think that any moron who posts tribalistic comments here is an Akan. Some people deliberately hide behind the internet and pitch Akans against other tribes so that some political parties will appear more tribalistic. This is called divide and rule. Smart people will not fall for this vile ethnocentric propaganda
Chief 8 years ago
In fact, that is exactly NDC thrives on and they will continue to whip up tribal sentiments to their advantage. Until non-akans realize this NDC will continue to take them for a fool
In fact, that is exactly NDC thrives on and they will continue to whip up tribal sentiments to their advantage. Until non-akans realize this NDC will continue to take them for a fool
Kwasi Boateng 8 years ago
Chief, let the truth be said. There are many Akans that try to look down upon non Akans and make derogatory statements about the non Akans.
Some in the political kingdom have fallen in line with such Akans and make state ... read full comment
Chief, let the truth be said. There are many Akans that try to look down upon non Akans and make derogatory statements about the non Akans.
Some in the political kingdom have fallen in line with such Akans and make statements that do not help the issue.
Even among the Akans, there are some that believe that they were created better than others, and they, (supposedly the superior ones) are the ones that make all Akans look bad.
Klutse 8 years ago
How do you tell this person is Akan? Remove your tribal spectacles first, then understand that faceless non-Akan people can also ignite tribal sentiments to convince people like you against Akans. i realized that long ago whe ... read full comment
How do you tell this person is Akan? Remove your tribal spectacles first, then understand that faceless non-Akan people can also ignite tribal sentiments to convince people like you against Akans. i realized that long ago when my ewe brother used Akan names to spew tribal insults in order to incite non-Akans against NPP which the NDC and many of you tag as Akan. Let's grow up.
Humanity 8 years ago
It wrong to bring ethnicity into this, and the person is an IGNORANT MORON, though, I note, you have also perpetuated the same ill; insulting AKANS...is there any difference between the two of you?
It wrong to bring ethnicity into this, and the person is an IGNORANT MORON, though, I note, you have also perpetuated the same ill; insulting AKANS...is there any difference between the two of you?
Nana 8 years ago
many are asking Ghana to go federal to reduce this tribal fighting.
many are asking Ghana to go federal to reduce this tribal fighting.
been 8 years ago
Ben am very disappointed at you are the akans the only people feeling this heat? Why should one chose to suffer bcos he was insulted by some idiot. I don't think those making such comments at even card bearing members of the ... read full comment
Ben am very disappointed at you are the akans the only people feeling this heat? Why should one chose to suffer bcos he was insulted by some idiot. I don't think those making such comments at even card bearing members of the npp. Why do you punish the whole country becos of one idiot pls let for go this tribalism and help build mother Ghana. She deserves the best. Sorry if ve offended u.
insight to the bone 8 years ago
It is good we are all looking at the various causes of the failure or non functioning of the state , we say its a failed state because it does not benefit the people in any way. The compromises made in the constitution totall ... read full comment
It is good we are all looking at the various causes of the failure or non functioning of the state , we say its a failed state because it does not benefit the people in any way. The compromises made in the constitution totally erased any true obligation for public officials /civil servants to work for the welfare of the people . Rather they created privileged , untouchable , can do no wrong , non accountable groups that like vampires suck the people dry . We now have whole groups that are practically above the law . Laws are meant to oppress all those who are unlucky enough to have their tribe , ethnic group or relatives not affiliated to the ruling tribe or elite. We have developed a system of governance worse than than the Indian castes or monarchy of the middle ages as no development can ever succeed that doesn't tap all the potential of the whole nation. Whole groups based on ethnic backgrounds are excluded this was started by Achampong who appointed his Ashantis , continued by JJ who had a preference for Ewes and now Mahama who only trusts his relatives and northerners . In all fairness the we can not blame the ordinary northerners and ewes who have taken advantage of this mess did so because the bogus constitution allows it. This constitution encourages elitism ,nepotism, ethnocentrism , hegemony and a privileged corrupt class of civil servants . There is no partisan politics only tribal affiliations which facilitate enmity . There can never be national unity so we Akans opt to secede since we now have the numbers and population to create a sustainable state . In the late 40's and 50's the population of Ghana was around 5 million today just the Fanti speakers of the western and central regions are more than 5 million which is more than enough to create a new state , Africa can only unite , develop and be free when these imperialistic colonial borders are broken. We all know the political arena is polarized based on ethnic divides rather than political ideology and all sides have deeply dug their trenches and can not afford to loose which is a ripe situation for political violence which will lead to ethnic war . Any war started on this principle if it lasts longer than a month will automatically lead to the break down and secession of the various nations or tribes as the white man would classify. Let us not focus our energies on the hatrad of our enemies rather diligently prepare to create our own nation out of this mess. The blue print for creation of new nations and the obligations are in the Bible and a any nation ignoring this requirement given by God will suffer. God gives you a language and territory its up to you to fight with blood for freedom , long live the republic of Akan
Dessie 8 years ago
I respect your analysis but let me say this:every politician has who he trust no matter which constitutiojn they abide by:constittution may allow bipartisan but I believe that every politician nowadays has their own interest; ... read full comment
I respect your analysis but let me say this:every politician has who he trust no matter which constitutiojn they abide by:constittution may allow bipartisan but I believe that every politician nowadays has their own interest;case point;gEORGE w BUSH appointed Dick chiney as his right hand man because he was his cronny;he appointed CONDENIZER ricer as national security advisor because she worked for his dad(ex pre Bush):Clinton appointed hILLary(his wife)as health Sec.:Obama appointed ERIC hOLDER as his attorney general;Kuffour appointed his brother as defence minister:the list goes on aand on:the point I am making here is that;we are in different ball game now
Sam 8 years ago
Hurry Long the Republic of Akan .Maama is humiliating us.
Hurry Long the Republic of Akan .Maama is humiliating us.
Sam 8 years ago
Hurray long live the Republic of Akan,and allow the Northerners and Ewes Export their shea butter and gari.
Hurray long live the Republic of Akan,and allow the Northerners and Ewes Export their shea butter and gari.
AMIDU FOR PRESIDENT 8 years ago
Stop this nonsense. How much did they pay you to divide this peaceful country? Shame on you.
Stop this nonsense. How much did they pay you to divide this peaceful country? Shame on you.
Kay 8 years ago
Insight to the bone is an ndc trying to fool people by pretending to be npp and akan. He always comments with tribal insults. His sole aim is to divide Ghanaians on tribal lines so that his party can gain political advantage. ... read full comment
Insight to the bone is an ndc trying to fool people by pretending to be npp and akan. He always comments with tribal insults. His sole aim is to divide Ghanaians on tribal lines so that his party can gain political advantage. Sometimes he gives yourself away in his your comments without knowing. He must learn to speak for himself and no one else. Ghanaians don’t need the likes of him like Douglas-Bristol, Ewe Nation, Ali and others.
Insight to the bone, go away with your nonsense!
OLD SODIER 8 years ago
Ewes and Northerners are really educated but i wonder.. They love tribalism too much and keeps voting this criminal Aseidu Nkaties party NDC. They've been ruling Ghana than any of the parties in Ghana . Look at Ghana now rate ... read full comment
Ewes and Northerners are really educated but i wonder.. They love tribalism too much and keeps voting this criminal Aseidu Nkaties party NDC. They've been ruling Ghana than any of the parties in Ghana . Look at Ghana now rated seventh dirtiest country in the world
me 8 years ago
u are also been tribalistic.is it a must dat northeners n ewes support ur party?nonsense
u are also been tribalistic.is it a must dat northeners n ewes support ur party?nonsense
Asante. 8 years ago
You are stupid, Bawumia is a northerner. You do not even know how to spell northerner - FOOL
You are stupid, Bawumia is a northerner. You do not even know how to spell northerner - FOOL
Kakaminamor 8 years ago
When did you Ashanti's had value for education?
When did you Ashanti's had value for education?
Wisdom HD. 8 years ago
You and Ashanti people are stupid and ignorant. Does it mean only ewe and northern vote for NDC,same time how many Ashanti people can be compared to Ewe in terms of education, not even ten percent.Stupid fool.
You and Ashanti people are stupid and ignorant. Does it mean only ewe and northern vote for NDC,same time how many Ashanti people can be compared to Ewe in terms of education, not even ten percent.Stupid fool.
Kofi O-D 8 years ago
So is Bawumia now an Ashanti,just because U need to use and dump him later like U did Aliu????
So is Bawumia now an Ashanti,just because U need to use and dump him later like U did Aliu????
APONKYE 8 years ago
NPP's only prayer is for things to go wrong. What an UNPATRIOTIC party!!! They are delighted for Ghana to be destroyed if that will give them power.
And the Akyem/Akyem mafia have been infected with this evil unpatriotic w ... read full comment
NPP's only prayer is for things to go wrong. What an UNPATRIOTIC party!!! They are delighted for Ghana to be destroyed if that will give them power.
And the Akyem/Akyem mafia have been infected with this evil unpatriotic wish since the Mati-Mehu days and it has only gotten worse under the evil dwarf.
If not NPP, which normal citizen will pray for the economy to worsen?
Emmanuel 8 years ago
Kwasia!! Now blaming Mahama's incompetence on NPP's prayers.
Kwasia!! Now blaming Mahama's incompetence on NPP's prayers.
Michael- USA 8 years ago
Why do u reason like that?????
Why do u reason like that?????
momo 8 years ago
Surely a president has to take responsibility for his actions. ..bit immature to blame it on others or the so called no evidence prayer of the opposition! Come on dear take a more mature approach... like they say if you can' ... read full comment
Surely a president has to take responsibility for his actions. ..bit immature to blame it on others or the so called no evidence prayer of the opposition! Come on dear take a more mature approach... like they say if you can't handle the heat then get out!
momo 8 years ago
The above post for DOOM-MONGERING NPP AT ITS GAME AGAIN
The above post for DOOM-MONGERING NPP AT ITS GAME AGAIN
Sethoo 8 years ago
When Bawumia said you can't do propaganda with economics NDC thought he was insulting them.How could you pump $20m every wk into the economy thinking the cedi would appreciate.True Lunatic Charles is better than JDM.
When Bawumia said you can't do propaganda with economics NDC thought he was insulting them.How could you pump $20m every wk into the economy thinking the cedi would appreciate.True Lunatic Charles is better than JDM.
Dessie 8 years ago
the same thing were told to Obama team:Eric Geithier;Obama super smart guy but in the end American economy is back on track:ghanaians talk a lot
the same thing were told to Obama team:Eric Geithier;Obama super smart guy but in the end American economy is back on track:ghanaians talk a lot
Anukware 8 years ago
Is this the way the American economy picked up? Visionless president leading thieves and brainless people, is that how Obama is, is that the calibre of people leading America and are they thieves? You have a useless governman ... read full comment
Is this the way the American economy picked up? Visionless president leading thieves and brainless people, is that how Obama is, is that the calibre of people leading America and are they thieves? You have a useless governmant and you will not keep quiet. Buulllu.
KOSEK 84 8 years ago
Thats the problem with most Africans. their mouths are always 2 minutes ahead of their brains
Thats the problem with most Africans. their mouths are always 2 minutes ahead of their brains
Concerned Citizen 8 years ago
Those who were trusting in Wampa and the government, you better wake up from your day dreaming, sit up and face reality. When the Dollar still holds its worth internationally and they deceive you to believe the dollar has dep ... read full comment
Those who were trusting in Wampa and the government, you better wake up from your day dreaming, sit up and face reality. When the Dollar still holds its worth internationally and they deceive you to believe the dollar has depreciated only in Ghana that exports very little, you believed it. They no born you yet!
Concerned Citizen 8 years ago
Does Ghana's economy control the world economy or is it the other way round?
Wait small and you will know the truth: when dollar and cedi stand toe to toe, who is who...
Does Ghana's economy control the world economy or is it the other way round?
Wait small and you will know the truth: when dollar and cedi stand toe to toe, who is who...
PRINZY@BONN-Germany 8 years ago
Attention!, Attention Ndc has paid some youth to go on internet to fan in tribal sentiment, insults on one tribes against another. Specially Akans against Ewes,Northerners & Gas to create Divisions among Ghanaians to gain pol ... read full comment
Attention!, Attention Ndc has paid some youth to go on internet to fan in tribal sentiment, insults on one tribes against another. Specially Akans against Ewes,Northerners & Gas to create Divisions among Ghanaians to gain political power. Ndc has made Ghana a difficult place to live tru Economic hardship, Dumsor, Collapse NHIS, Mismanage Oil revenue. They've already lost d battle n d only way they can survive is for dem to play tribal sentiment on you. Be wise ppl and let throw them out 2016
NANA 8 years ago
Hmmmmmm nothing is going well for these people, how can you pump money into the system with the mind of helping lift the cedi up? Naa its a bad strategy. Fix the economy and the cedi will automatically get to the appreciabl ... read full comment
Hmmmmmm nothing is going well for these people, how can you pump money into the system with the mind of helping lift the cedi up? Naa its a bad strategy. Fix the economy and the cedi will automatically get to the appreciable level. Continue to fool Ghanaians
okofo 8 years ago
If majority voted TWICE for such a CLUELESS government, then majority of Ghanaian voters are certainly FOOLS!!!
Come 2016 election, give another mandate to this Tibonkoso government, and Ghana will be up for bidding at the ... read full comment
If majority voted TWICE for such a CLUELESS government, then majority of Ghanaian voters are certainly FOOLS!!!
Come 2016 election, give another mandate to this Tibonkoso government, and Ghana will be up for bidding at the lowest price on the international market
CORNEY 8 years ago
Stop displaying your ignorance here,you are rather the fool not Ghanaians.
What do you want the government to do about the cedi,pump more money in to keep it strong,how many countries do that?
Stop disturbing our ears w ... read full comment
Stop displaying your ignorance here,you are rather the fool not Ghanaians.
What do you want the government to do about the cedi,pump more money in to keep it strong,how many countries do that?
Stop disturbing our ears with your ignorance,even if God is ruling the country the cedi will perform the same or worse so long as the likes of you have taste for foreign goods.
When you guys now want to eat and drink everything foreign what do you want the government to do,,whien you are building malls happily cutting sods for new ones do you want them to be stocked with batakali(smock),kente kaba,agbelimor,kenkey,apapransa,abolo,kelewele,pito,akpeteshie palm wine and others?
If you guys especially the girls start cooking and eating,banku or akple,kenkey,fufu and other local foods as in the past instead of demand for pizza,fried rice,French fries,spaghetti,pasta and others the cedi will appreciate but for now with your taste,forget it.
Don't blame God if you don't go to heaven.
Alhassan Walla 8 years ago
Ha, ha, ha, ... Stupidity galore. I guess you made the computer you posted this "shit" from by yourself. Go and tell Mahama to walk on his feet from Accra to Bole next time he visits his folks up there.
This is the type o ... read full comment
Ha, ha, ha, ... Stupidity galore. I guess you made the computer you posted this "shit" from by yourself. Go and tell Mahama to walk on his feet from Accra to Bole next time he visits his folks up there.
This is the type of stupid message you have been bamboozling the illiterates with, and you think it is cool. I bet you will die in your own shit, if this is the level of your wickedness.
Why don't you act like a rat and make a cave your new place of abode since clinker which is used for cement to build houses for idiots of your ilk to live in is imported with foreign money. Are you really a human being? Are you really serious? Are you for real? Methinks not!
tara 8 years ago
FOOL FOOL FOOL
NDC FOOL
FOOL FOOL FOOL
NDC FOOL
Palogo 8 years ago
Oh Corney how sad that you are blaming the people for your failures. Your NDc knew the nature of Ghanaians, their taste for foreign goods when you were shouting edebee keke. We have a better Ghana agenda whiles you had no clu ... read full comment
Oh Corney how sad that you are blaming the people for your failures. Your NDc knew the nature of Ghanaians, their taste for foreign goods when you were shouting edebee keke. We have a better Ghana agenda whiles you had no clue to run even a chop bar. Now its all our fault. Meanwhile you keep looting state coffers. Even you spend your loot at home, you are buying expensive cars and houses abroad. The NDc govt is the problem and especially pea brain people like Corney.
DusTY-FooT-pHiloSophER 8 years ago
USD ($)buy 3.453 - sell 3.456EUR
(€)buy 3.769 - sell 3.773GBP
(£)buy 5.378 - 5.385
The above were the rate as from yesterday given out by the BUSINESS GUIDE which was consistent with the BOG figures on their ori ... read full comment
USD ($)buy 3.453 - sell 3.456EUR
(€)buy 3.769 - sell 3.773GBP
(£)buy 5.378 - 5.385
The above were the rate as from yesterday given out by the BUSINESS GUIDE which was consistent with the BOG figures on their original site as well. In fact, the dollar is appreciating against the major currencies across board and there is even speculation abound that it would soon be on parity with the Euros for the first time in 14 years since the introduction of the Euro before this year signed off.
So, a little fluctuation of the Cedi was expected since there is a build-in mechanism in place to take care of such a trend should the slide spiral further downwards than anticipated. Such inclusive measures were instrumented into the IMF bailout package and agreed upon.
Frankly, I think I have to find a way to close that news media signing up before all as The Daily Guide news outlet. They are nothing but a bias and bogus Kukurudu mouthpiece pretending to be some proper main stream media house.
LARYEAH 8 years ago
CORNEY YOU SOUND WISE, BUT YOU ARE AN UNREPENTANT FOOL. WASN'T THE GOVERNMENT WHO SAID THAT HIS FINEST ECONOMICS AND MINISTER OF FINANCE HAVE OUTSTANDING SOLUTION TO PUMP $20 MILLION DOLLARS DAILY INTO THE ECONOMY? AND WASN'T ... read full comment
CORNEY YOU SOUND WISE, BUT YOU ARE AN UNREPENTANT FOOL. WASN'T THE GOVERNMENT WHO SAID THAT HIS FINEST ECONOMICS AND MINISTER OF FINANCE HAVE OUTSTANDING SOLUTION TO PUMP $20 MILLION DOLLARS DAILY INTO THE ECONOMY? AND WASN'T THE NDC MAJORITY IN PARLIAMENT THAT VOTED TO IMPORT CHAIRS AND TABLES FROM CHINESE? CONCERNING PIZZA AND FRENCH FRIES, HAVE THE ASHANTIS(AKANS) AND EWES STOP EATING FUFU AND AKPELE? WHAT A FOOL AND MORON YOU ARE, CORNEY!
J0eY LOnD0N 8 years ago
Which currency does not float?
Which currency does not float?
Stoway 8 years ago
You found the actual change rate on the banks' website and you decided to go to your affiliated forex bereaus and black market to get rates that suit your mischief. Tell us how much you will get when you take a dollar to chan ... read full comment
You found the actual change rate on the banks' website and you decided to go to your affiliated forex bereaus and black market to get rates that suit your mischief. Tell us how much you will get when you take a dollar to change and stop misinforming people with your one sided story. If you want an official rate, go to Bank of Ghana and stop visiting financial institutions that are breaking forex rules.
Dessie 8 years ago
Americans lift their debt ceiling,pumpinh billiuons of dollars into their economy:it took Obama more than six years before americans begin to see improvement ,,Ghanaians talk more than listening
Americans lift their debt ceiling,pumpinh billiuons of dollars into their economy:it took Obama more than six years before americans begin to see improvement ,,Ghanaians talk more than listening
bi 8 years ago
But the American money was pumped into strategic industries and other capital ventures which has resulted in the upward trajectory of the US economy
But the American money was pumped into strategic industries and other capital ventures which has resulted in the upward trajectory of the US economy
DusTY-FooT-pHiloSophER 8 years ago
My friend, even the said pumped in of $20 million into the economy was done twice and the rest was left to speculators. Actually, the BoG just set up a trap and helped bring the "hoarded dollars" back onto the market which p ... read full comment
My friend, even the said pumped in of $20 million into the economy was done twice and the rest was left to speculators. Actually, the BoG just set up a trap and helped bring the "hoarded dollars" back onto the market which proved to all that the Cedi's depreciation was more of some unscrupulous people buying dollars off the system and hoarding them and went on speculation spree to make things dire for the Government.
Reason 1:- To artificially raise the scarcity of the Dollar in the system to further stress the Mahama-led administration. And 2:- To profit from the windfall as the Cedi tumbles precariously downwards at the expense of the NDC government. The IMF saw all these when they were invited in and have now worked out a strategy of their own with the government. So then, their dice is rolled, now let's see who are at the high table ready to gamble dangerously again la...
Bobby,Denmark 8 years ago
This Mahama administration can't never deliver on many of their promises because of their greediness.They have built an empire which is full of thieves.The Ibrahims,Anyidohos,Nketias are just few to mention.You can't eat you ... read full comment
This Mahama administration can't never deliver on many of their promises because of their greediness.They have built an empire which is full of thieves.The Ibrahims,Anyidohos,Nketias are just few to mention.You can't eat your cake and have it!If they stop embezzling from the state,then the economy will bounce back.Thieves.
pilolo 8 years ago
I am happy, I want it to slide like it stepped on okro so the small pounds I send will be chafu chafu in Ghana. More grease to your elbows wampah
I am happy, I want it to slide like it stepped on okro so the small pounds I send will be chafu chafu in Ghana. More grease to your elbows wampah
FOOLI,SH SOLOMON NKANSAH 8 years ago
Just like Prophet Bawumia said, the exchange rate will expose you if you lie about the economy. Hmmm here we are at it again. Let's wait to hear what the Ndc idiots communicaters will have to say again.
Just like Prophet Bawumia said, the exchange rate will expose you if you lie about the economy. Hmmm here we are at it again. Let's wait to hear what the Ndc idiots communicaters will have to say again.
genuwine 8 years ago
Dumb government with shallow minded economy team ,how can u pump dollar into the system believing it will help our cedi to gain,wait ,just solve domsor and automatically production will go up and then we can make some dolla ... read full comment
Dumb government with shallow minded economy team ,how can u pump dollar into the system believing it will help our cedi to gain,wait ,just solve domsor and automatically production will go up and then we can make some dollars from our foreign partners ,
TEE 8 years ago
ALL OUR MONEY AND GHANA IS BROKE PERIOD
ALL OUR MONEY AND GHANA IS BROKE PERIOD
Kwesi Payin 8 years ago
These Ndc economic small brains don't know the tin, when they try to teach you the tin, you insult the teacher. Just 3 weeks of gains and the the Ndc fools were all over the place beating their chests and clapping for themsel ... read full comment
These Ndc economic small brains don't know the tin, when they try to teach you the tin, you insult the teacher. Just 3 weeks of gains and the the Ndc fools were all over the place beating their chests and clapping for themselves. Pea brains in power. They think governance is like cha cha. God bless Ghana and Nana/Bawumia.
Yussif 8 years ago
BoG boss must be probed,I suspect something is going on behind the scenes,it can not be natural,his decision to pump taxpayers money to enrich the un scene hands in the currency trade must be investigated by the BNI.Many ve q ... read full comment
BoG boss must be probed,I suspect something is going on behind the scenes,it can not be natural,his decision to pump taxpayers money to enrich the un scene hands in the currency trade must be investigated by the BNI.Many ve question the sustainability of his decision to push 20 million dollars into the economy as measures to stop depreciation of the cedi,whatever money the country loses as a result of his actions must be seen as coursing financial lost to the state,there's no two ways about that.Any wise and right thinking president would've fired this man Wampah and finance minister on the radio without wasting ink to right to them,their continue stay in office goes to confirm allegations that,they hold some financial secret of the president and for fear of blackmail can not dare fire them.otherwise it's abundantly clear this guys at BoG re clueless how to solve the depreciation problem that has brought their various offices all this disgrace.
NANA AKUFO ADDO 8 years ago
FALSE!!!
THE CEDI APPRECIATED AS HIGH AS 2.9 GHC TO THE DOLLAR. MORE APPRECIATION OF THE CEDI UNDERWAY.
LONG LIVE MAHAMA.
LONG LIVE TERKPER.
LONG LIVE WAMPAH.
LONG LIVE GHANA.
FALSE!!!
THE CEDI APPRECIATED AS HIGH AS 2.9 GHC TO THE DOLLAR. MORE APPRECIATION OF THE CEDI UNDERWAY.
LONG LIVE MAHAMA.
LONG LIVE TERKPER.
LONG LIVE WAMPAH.
LONG LIVE GHANA.
Sam 8 years ago
gyimii gyimii
gyimii gyimii
Eadee 8 years ago
See how hard you trying to defend this incompetent government...stupid!!!
See how hard you trying to defend this incompetent government...stupid!!!
Omanba 8 years ago
The Ghana CEDI is SERIOUSLY SLIDING despite the regular dollars the Bank of Ghana is pomping into the system to sustain the cedi.
Dr. Mahamadu Bawumia, NPP Vice-Presidential Candidate, has already commented and the NDC IDI ... read full comment
The Ghana CEDI is SERIOUSLY SLIDING despite the regular dollars the Bank of Ghana is pomping into the system to sustain the cedi.
Dr. Mahamadu Bawumia, NPP Vice-Presidential Candidate, has already commented and the NDC IDIOTS INSULTED HIM.
IN SPITE OF THE INSULTS BY THE EWES AND THE NORTHNERS, HIS FORECAST HAS COME TRUE.
FOR HOW LONG CAN ONE SURPRESS AN INFLATED LEATHER UNDER WATER?
THE PIGS MUST KNOW WHAT IT TAKES TO GOVERN BEFORE OPENING THEIR MOUTHS.
TEE 8 years ago
WON'T ACCEPT THE TRUTH PERIOD. BAWUMIA WILL PUT NDC SECRET LIES INTO SHAME PERIOD
WON'T ACCEPT THE TRUTH PERIOD. BAWUMIA WILL PUT NDC SECRET LIES INTO SHAME PERIOD
Bell nono 8 years ago
That is what the speculators, economic saboteurs and the currency traffickers were shouting for.
That is what the speculators, economic saboteurs and the currency traffickers were shouting for.
rikuss1 8 years ago
Bad economics we told you so. How can you just be pumping cash (dollars) to kill its value. you need production to do that. when you increase your export, that problem would be solved automatically, and that is the time you n ... read full comment
Bad economics we told you so. How can you just be pumping cash (dollars) to kill its value. you need production to do that. when you increase your export, that problem would be solved automatically, and that is the time you need to garnish it with the pumping of the dollar into the economy.
the formula is Production increase + the injection of the Dollar into the local market. Lack of production and an lack of increase in export plus injection would be more catastrophic and waste of foreign exchange.
YB 8 years ago
Health issue and opportunity
Get approved quality health product and prevent yourself from the following chronic sicknesses and disease
Are you suffering from Cancer? prostrate and breast cancer, skin cancer, cancer in ... read full comment
Health issue and opportunity
Get approved quality health product and prevent yourself from the following chronic sicknesses and disease
Are you suffering from Cancer? prostrate and breast cancer, skin cancer, cancer in the throat, HIV Aids, ulcer, heart and liver disease, kidney stones, stroke, brain tumor, mental problem, typhoid and Hay fever, diabetes, high blood pressure, hypertension, asthma, sickle cell, malaria, hepatitis , anemia, urinary infections, leukemia, thobaclosis, gonorrhea and syphilis, Impotency, sexual performance, infertility, fibroid, menstrual disorder, body pain, waist pain, neck and back pain, stomach toxins, bacterials and viruses, balance body ph and boost immune system, clear body fat (obesity) pot belly, weight management, face rankle, anti again, glaucoma, poor eye sight, constipation, insomnia (sleep disorder ) and many more.
Call For your health needs
Call for new vacancy
Local Agent needed.
0509384881
0549112157
JATO KWASHIVI RAWLINGS 8 years ago
THE GOVERNOR OF THE BANK OF GHANA DOES NOT KNOW WHAT HE IS DOING. THE MARKET DICTATES THE STRENGTH OF A CURRENCY, ON THE BASIS OF THE FUNDAMENTALS OF ANY NATION'S ECONOMY. DR KOFI WAMPAH AND THE BANK OF GHANA OF GHANA ARE WAS ... read full comment
THE GOVERNOR OF THE BANK OF GHANA DOES NOT KNOW WHAT HE IS DOING. THE MARKET DICTATES THE STRENGTH OF A CURRENCY, ON THE BASIS OF THE FUNDAMENTALS OF ANY NATION'S ECONOMY. DR KOFI WAMPAH AND THE BANK OF GHANA OF GHANA ARE WASTING PRECIOUS, SCARCE FOREIGN CURRENCY; US$20 MILLION A DAY, TRYING TO PROP UP THE GHANA CEDI, WHICH WEAKNNESS IS BASED ON A WEAK AND SLIDING ECONOMY. DR WAMPAH IS JUST A PEN PUSHING BANKER, HAS NO CLUE HOW ECONOMIES WORK PRACTICALLY.
Dessie 8 years ago
Ghanaians should lower their expectation on cedi currency:because of currency venerability:the movement of currency here and there,the world economy is in venerable position as Mohammed al Harian of Alianz financial chief ad ... read full comment
Ghanaians should lower their expectation on cedi currency:because of currency venerability:the movement of currency here and there,the world economy is in venerable position as Mohammed al Harian of Alianz financial chief advice said ;Currency venerability.(currency war)..world economy will be struggling:though;the cedi value will be better but it wont be par with world major currencies
Akans Prophecies 8 years ago
The Cedi is a problem. Dumsor is a problem. Infation is a problem. Public Deficit is a problem Borrowing are accepted. Abbaaaaa, why cant Mahama and his fake NDC gouvernment leave Ghana in peace.
The Cedi is a problem. Dumsor is a problem. Infation is a problem. Public Deficit is a problem Borrowing are accepted. Abbaaaaa, why cant Mahama and his fake NDC gouvernment leave Ghana in peace.
Onipaba 8 years ago
Mahamma is a looser and he knows that.Only foolish and stupid people dont know this.Period.All he does is talk.He should have been a school teacher rather than taking the whole nation for a ride thanks to the foolish idiots w ... read full comment
Mahamma is a looser and he knows that.Only foolish and stupid people dont know this.Period.All he does is talk.He should have been a school teacher rather than taking the whole nation for a ride thanks to the foolish idiots who voted for him.People of low expectation and low life who dont expect much in life.Bootlickers.Serves us right.
Dessie 8 years ago
Currency speculators beware.
Currency speculators beware.
adanko 8 years ago
How much is being pumped into the system by BOG? IS IT $20MILLION A DAY OR $20MILLION A WEEK?????. Some of us are confused and disturbed! All these activities are not sustainable. Block all the loopholes in the NDC thieving ... read full comment
How much is being pumped into the system by BOG? IS IT $20MILLION A DAY OR $20MILLION A WEEK?????. Some of us are confused and disturbed! All these activities are not sustainable. Block all the loopholes in the NDC thieving machinery and this country will not need a pesewa from outside! Period
EWE PRIEST 8 years ago
THEY WILL ACOMPLISH NOTHING,ABSOLUTELY NOTHING,EVEN WITH THE OIL.UNLESS WE BOOT THEM OUT AND PROSECUTE THEM ASWEL,GHANA WOULD SINK FURTHER IN HARDSHIPS & TO THE ABBYSS OF ECO-DISGRACE.ALREADY APPROACHING A FAILED STATE STATUS ... read full comment
THEY WILL ACOMPLISH NOTHING,ABSOLUTELY NOTHING,EVEN WITH THE OIL.UNLESS WE BOOT THEM OUT AND PROSECUTE THEM ASWEL,GHANA WOULD SINK FURTHER IN HARDSHIPS & TO THE ABBYSS OF ECO-DISGRACE.ALREADY APPROACHING A FAILED STATE STATUS BUT REMEMBER NO-ONE VOTED THEM TO POWER,THEY STOLE THE VERDICT THRO' OTUMFUO,GYAN & ATUGUBA.THIS TIME AROUND OPEN UR EYES ONLY ON THE VOTE COUNTING.
LARYEAH 8 years ago
WELL SAID, EWE PRIEST, WE WILL SHINE OUR EYES "WELL-WELL".
WELL SAID, EWE PRIEST, WE WILL SHINE OUR EYES "WELL-WELL".
sankara mfedemele England 8 years ago
Mmm nothing seems going on well for this president.i really don't no if ppl around him is not helping or he does not take advice.or maybe he was not the president but was wrongly chosen!!is sad though hadn't not he will feel ... read full comment
Mmm nothing seems going on well for this president.i really don't no if ppl around him is not helping or he does not take advice.or maybe he was not the president but was wrongly chosen!!is sad though hadn't not he will feel a little shame,I personally would have advice him to resign.things are not working for him.
Yaw USA 8 years ago
So happy I don't have to send much home I wish it get back to 4 cedis Thank you JDM
So happy I don't have to send much home I wish it get back to 4 cedis Thank you JDM
BBC News 8 years ago
Pumping $20m daily is just speculations by the central bank just as to persuade those hoarding forex to bring it out. But with this tool adopted by the central bank things will get worse in the long run.
Pumping $20m daily is just speculations by the central bank just as to persuade those hoarding forex to bring it out. But with this tool adopted by the central bank things will get worse in the long run.
sankara mfedemele England 8 years ago
Supporters must agreed to it that their government has failed big time and let's be patriotic and vote them out and see if the real vision man nana the Antipas can shift our country for better.lets him good ppl in Ghana pls,
Supporters must agreed to it that their government has failed big time and let's be patriotic and vote them out and see if the real vision man nana the Antipas can shift our country for better.lets him good ppl in Ghana pls,
HIGH PRIEST 8 years ago
Blessed are those who continually think for the rest of the people and do the right things
Blessed are those who do not sleep because they wish the country well
Blessed are you when uncouth people attack you from various an ... read full comment
Blessed are those who continually think for the rest of the people and do the right things
Blessed are those who do not sleep because they wish the country well
Blessed are you when uncouth people attack you from various angles just because you are fixing the welfare of the citizens. You shall inherit the land and your descendants and well wishers shall live in peace
Be Happy and Rejoice for you are the light and hope to the under privileged They Lord God almighty placed you there. Arise and shine this is the time in your life you were created for. Give light and hope to the people who never in their lives have they tasted good water, good road, electricity, schools and many more.
Be Cursed be upon you if you wish this country bad!
Be cursed be those who fish problems for us!
Be cursed be those who connive with strangers to plunder our economy to destabilise us!
Be cursed if you deceive the people for your selfish gain
Disgrace shall be your portion all the days of your life and poverty, disease and strife will strike your generation until they change their ways
Josh 8 years ago
Wow, I like your Beattitudes. Nice writing
Wow, I like your Beattitudes. Nice writing
AAA 8 years ago
Yes,let it slide for a while, then we can shore it up again and wipe out the remaining of the speculators. Great opportunity to make the speculators bankrupt.
Yes,let it slide for a while, then we can shore it up again and wipe out the remaining of the speculators. Great opportunity to make the speculators bankrupt.
Kwame Wise 8 years ago
A country full of fantasies!!! Until leadership and people in authority listen to expects in various fields of economic management, it will take a miracle to save our nation called Ghana from such selfishness, sycophancy, hy ... read full comment
A country full of fantasies!!! Until leadership and people in authority listen to expects in various fields of economic management, it will take a miracle to save our nation called Ghana from such selfishness, sycophancy, hypocrisy, dishonesty, etc. of such people in leadership positions.
Kwame Wise 8 years ago
Worst still, Ghana has become like one of a "slot" gambling machine in the streets of Las Vegas in the U.S. where the old and young seek economic fortunes!!!
Worst still, Ghana has become like one of a "slot" gambling machine in the streets of Las Vegas in the U.S. where the old and young seek economic fortunes!!!
Kofi UK 8 years ago
Ghana's economy is not that significant in world's trade. We need to strengthen our export rather than imports where people prefer stronger cedi in order to bring rotten goods from other countries. China and Japan have kept t ... read full comment
Ghana's economy is not that significant in world's trade. We need to strengthen our export rather than imports where people prefer stronger cedi in order to bring rotten goods from other countries. China and Japan have kept their monies low for competition in export market. Please BoG stop wasting money because you will never win. Tackle also inflation in the country which is mainly caused by the government.
A country where the government set prices for almost everything and always in upward trend has no future.
WASHISHI 8 years ago
GHANAIAN TRADERS,POLITICIANS AND BUSINESSMEN WHAT DO YOU NWANT.CEDI MUST GO UP OR MUST GO DOWN.MUCH NOISE ALL THE TIME NPP ON ONE SIDE AND ACADAMICIANS ON THE OTHER SIDE.
GHANAIAN TRADERS,POLITICIANS AND BUSINESSMEN WHAT DO YOU NWANT.CEDI MUST GO UP OR MUST GO DOWN.MUCH NOISE ALL THE TIME NPP ON ONE SIDE AND ACADAMICIANS ON THE OTHER SIDE.
inercycl 8 years ago
when the well runs dry!
when the well runs dry!
Ngi 8 years ago
What has happened to the $20 million injection to stabilise the cedi.
What has happened to the $20 million injection to stabilise the cedi.
DANNY BLUE 8 years ago
NPP HOARDERS OF DOLLARS SHAKING
NPP HOARDERS OF DOLLARS SHAKING
Farmer 8 years ago
I love the expression for yet the greatest foolish act of the monetary leadership. Let this be a reminder to them hence forward. YOU CANNOT BREAK THE MARKET FORCE WITH EVEN THE MOST LOSS MAKING MONETARY INTERVENTION. That's i ... read full comment
I love the expression for yet the greatest foolish act of the monetary leadership. Let this be a reminder to them hence forward. YOU CANNOT BREAK THE MARKET FORCE WITH EVEN THE MOST LOSS MAKING MONETARY INTERVENTION. That's in every book about the subject for the last 50 years. Only in Ghana they have to find out about that simple truth all by themselves. The question is: can they read???
The damage already done is huge. They do it again, they bring the economy to a screaching halt. 6 Ghc to the USD by the end of the year? We will be lucky...
Brobbsnet 8 years ago
You teaching the concept of flying to a Fish in the river.Ignorant Mahama and NDC Corrupt worshipers have no Idea of Monetary policy and Markets!.
You teaching the concept of flying to a Fish in the river.Ignorant Mahama and NDC Corrupt worshipers have no Idea of Monetary policy and Markets!.
Swedru 8 years ago
Both, a strong and weak currency have their positive and negative aspects. A weak currency favours exports and incoming tourism as a strong currency imports and outgoing tourism. However, what kills an economy and a country i ... read full comment
Both, a strong and weak currency have their positive and negative aspects. A weak currency favours exports and incoming tourism as a strong currency imports and outgoing tourism. However, what kills an economy and a country is instability, who will want to do business in a unpredictable roller coaster, where profit and losses are randomize?. Terrible move from the Bank of Ghana.
Ado Mensah 8 years ago
This is due to the fact that people have realised the govt't lied about relasing 20million dollars every week. Where does the money go to?
This is due to the fact that people have realised the govt't lied about relasing 20million dollars every week. Where does the money go to?
Brobbsnet 8 years ago
The NDC was NOT elected in the last elections and they know it. Just like a thieve ,they have broken into Power and Stealing much as they can before they run out!.
The NDC was NOT elected in the last elections and they know it. Just like a thieve ,they have broken into Power and Stealing much as they can before they run out!.
Kofi 8 years ago
If injecting $20 million is no more working, why not try $40 million? Keeping a brain-dead person on life support doesn't make the person a living being. It only prolongs the drying process.
If injecting $20 million is no more working, why not try $40 million? Keeping a brain-dead person on life support doesn't make the person a living being. It only prolongs the drying process.
yebopower 8 years ago
Stop comparing the cedi to the dollar.Ghana is not USA. Produce what you eat,trade with other African countries,solve dumsor ,stop stealing money and everything will be fine
Stop comparing the cedi to the dollar.Ghana is not USA. Produce what you eat,trade with other African countries,solve dumsor ,stop stealing money and everything will be fine
James 8 years ago
Telling lies has always led to disgrace.
How can a broke government pump $20 million into the forex market per day?
Where from that money?
John Mahama and NDC have been telling lies for the past 3 years.
Telling lies has always led to disgrace.
How can a broke government pump $20 million into the forex market per day?
Where from that money?
John Mahama and NDC have been telling lies for the past 3 years.
Brobbsnet 8 years ago
This Suffering is really needed to awake Ghanians to understand that only their VOTE will remove this Ignorant Mahama and his Gang of NDC thieves from power!.
This Suffering is really needed to awake Ghanians to understand that only their VOTE will remove this Ignorant Mahama and his Gang of NDC thieves from power!.
Willy 8 years ago
Excellent, Halid,it is NDC that is always doing those things for their political ambition. I wished some one drummed this to the Northerners and indeed the Akans to be ware of the diabolic characters.
Excellent, Halid,it is NDC that is always doing those things for their political ambition. I wished some one drummed this to the Northerners and indeed the Akans to be ware of the diabolic characters.
Ghana has a donkey ruling the country that is things are getting worse.
Ghana has a donkey ruling the country that is things are getting worse.
john mahama 8 years ago
Ghana is not fall from becoming a failed state because of foolish mahama
Ghana is not fall from becoming a failed state because of foolish mahama
Tekonline.org 8 years ago
As of 5-minutes ago, MoneyGram's rate was $1 = GHC3.33
As of 5-minutes ago, MoneyGram's rate was $1 = GHC3.33
keyboard 8 years ago
Ghana is suffering de same to it currency
Ghana is suffering de same to it currency
keyboard 8 years ago
Ghana is suffering de same to de cedi
Ghana is suffering de same to de cedi
SEEK- BEREKUM 8 years ago
BECAUSE OF STUPIDITY, THE NPP THINK THAT THEIR VOICEFCIROUS MINORITY CAN TURN INTO MAJORITY.
USELESS PEOPLE.
BECAUSE OF STUPIDITY, THE NPP THINK THAT THEIR VOICEFCIROUS MINORITY CAN TURN INTO MAJORITY.
USELESS PEOPLE.
Jt 8 years ago
Ignorance on the highway. What do have to stabilize cede against doller. Countries like China that produce half of what the world buy including USA have yen lower than doller for economic sense.
Ignorance on the highway. What do have to stabilize cede against doller. Countries like China that produce half of what the world buy including USA have yen lower than doller for economic sense.
MUKARFA 8 years ago
FOLKS THIS IS NOT ABOUT AKAN OR EWE,ITS PRIMARILY DUE TO THE FACT THAT GHANA NOT BEING AN INDUSTRIALIZED NATION DOES NOT HAVE THAT ECONOMIC MUSCLE TO BACK HER LEGAL TENDER,SECONDLY OUR NEGATIVE CULTURE OF NOT WANTING TO MANUF ... read full comment
FOLKS THIS IS NOT ABOUT AKAN OR EWE,ITS PRIMARILY DUE TO THE FACT THAT GHANA NOT BEING AN INDUSTRIALIZED NATION DOES NOT HAVE THAT ECONOMIC MUSCLE TO BACK HER LEGAL TENDER,SECONDLY OUR NEGATIVE CULTURE OF NOT WANTING TO MANUFACTURE ANYTHING LOCALLY BUT RATHER IMPORTING EVERYTHING (IMPORTATION OF MUNDANE THINGS SUCH AS TOOTH-PICKS FROM CHINA)PUTS A STRAIN ON THE CEDI,THE INEPTITUDE OF THE CENTRAL BANK OF GHANA DOES NOT HELP IN ANY WAY.
FINALLY,THE CONTINUOUS EMBEZZLEMENT OF FUNDS BY OFFICIALS OF THIS GOVERNMENT HAS MADE THE CURRENCY EVEN THE MORE WEAKER.
giwa 8 years ago
R we sure it is 20 million they r pumping,this people can pump only 15 million into the economy and pocket the 5 million dollars.
R we sure it is 20 million they r pumping,this people can pump only 15 million into the economy and pocket the 5 million dollars.
charles coffie 8 years ago
i told a friend in u s a that the cedi will depreciate from six cedis to a dollar in the sense that the ndc government did not sweat for that and there are no resources to back that fall of the foriegn currency
i told a friend in u s a that the cedi will depreciate from six cedis to a dollar in the sense that the ndc government did not sweat for that and there are no resources to back that fall of the foriegn currency
charles coffie 8 years ago
poor ndc government,Your have nothing better to offer ghanaians only than looting of our money headed bymahama
poor ndc government,Your have nothing better to offer ghanaians only than looting of our money headed bymahama
Ben Bolga 8 years ago
The government is too desperate to win political power. Rushing everywhere.
The government is too desperate to win political power. Rushing everywhere.
To hell with this brainless economic team
Bawumia predicted that the dollar will go for not less than 6 cedis in few months, anyway, the ewes and northners know that ndc has failed but because of tribalism, opportunism, and illiteracy, have blinded them
It is this arrogant and tribalistic behaviour of this akans that is causing their downfall. If cedi is going down why insult ewes n northerners? Has the cedi not depreciated under Kuffour government? Have akans stopped voting ...
read full comment
Wikileaks: Akufo-Addo's Reputation As Marijuana Smoker May Damage Him Politically
>
05-Sep-2011
Comments ( 84 ) Email Print
Related Stories
It is becoming increasingly ob ...
read full comment
The ugly Kofi Wampah is blowing shit once again, all what the idiot is saying has absolute nothing to do with the truth. He is talking nonsense!
Ben, don't think that any moron who posts tribalistic comments here is an Akan. Some people deliberately hide behind the internet and pitch Akans against other tribes so that some political parties will appear more tribalisti ...
read full comment
In fact, that is exactly NDC thrives on and they will continue to whip up tribal sentiments to their advantage. Until non-akans realize this NDC will continue to take them for a fool
Chief, let the truth be said. There are many Akans that try to look down upon non Akans and make derogatory statements about the non Akans.
Some in the political kingdom have fallen in line with such Akans and make state ...
read full comment
How do you tell this person is Akan? Remove your tribal spectacles first, then understand that faceless non-Akan people can also ignite tribal sentiments to convince people like you against Akans. i realized that long ago whe ...
read full comment
It wrong to bring ethnicity into this, and the person is an IGNORANT MORON, though, I note, you have also perpetuated the same ill; insulting AKANS...is there any difference between the two of you?
many are asking Ghana to go federal to reduce this tribal fighting.
Ben am very disappointed at you are the akans the only people feeling this heat? Why should one chose to suffer bcos he was insulted by some idiot. I don't think those making such comments at even card bearing members of the ...
read full comment
It is good we are all looking at the various causes of the failure or non functioning of the state , we say its a failed state because it does not benefit the people in any way. The compromises made in the constitution totall ...
read full comment
I respect your analysis but let me say this:every politician has who he trust no matter which constitutiojn they abide by:constittution may allow bipartisan but I believe that every politician nowadays has their own interest; ...
read full comment
Hurry Long the Republic of Akan .Maama is humiliating us.
Hurray long live the Republic of Akan,and allow the Northerners and Ewes Export their shea butter and gari.
Stop this nonsense. How much did they pay you to divide this peaceful country? Shame on you.
Insight to the bone is an ndc trying to fool people by pretending to be npp and akan. He always comments with tribal insults. His sole aim is to divide Ghanaians on tribal lines so that his party can gain political advantage. ...
read full comment
Ewes and Northerners are really educated but i wonder.. They love tribalism too much and keeps voting this criminal Aseidu Nkaties party NDC. They've been ruling Ghana than any of the parties in Ghana . Look at Ghana now rate ...
read full comment
u are also been tribalistic.is it a must dat northeners n ewes support ur party?nonsense
You are stupid, Bawumia is a northerner. You do not even know how to spell northerner - FOOL
When did you Ashanti's had value for education?
You and Ashanti people are stupid and ignorant. Does it mean only ewe and northern vote for NDC,same time how many Ashanti people can be compared to Ewe in terms of education, not even ten percent.Stupid fool.
So is Bawumia now an Ashanti,just because U need to use and dump him later like U did Aliu????
NPP's only prayer is for things to go wrong. What an UNPATRIOTIC party!!! They are delighted for Ghana to be destroyed if that will give them power.
And the Akyem/Akyem mafia have been infected with this evil unpatriotic w ...
read full comment
Kwasia!! Now blaming Mahama's incompetence on NPP's prayers.
Why do u reason like that?????
Surely a president has to take responsibility for his actions. ..bit immature to blame it on others or the so called no evidence prayer of the opposition! Come on dear take a more mature approach... like they say if you can' ...
read full comment
The above post for DOOM-MONGERING NPP AT ITS GAME AGAIN
When Bawumia said you can't do propaganda with economics NDC thought he was insulting them.How could you pump $20m every wk into the economy thinking the cedi would appreciate.True Lunatic Charles is better than JDM.
the same thing were told to Obama team:Eric Geithier;Obama super smart guy but in the end American economy is back on track:ghanaians talk a lot
Is this the way the American economy picked up? Visionless president leading thieves and brainless people, is that how Obama is, is that the calibre of people leading America and are they thieves? You have a useless governman ...
read full comment
Thats the problem with most Africans. their mouths are always 2 minutes ahead of their brains
Those who were trusting in Wampa and the government, you better wake up from your day dreaming, sit up and face reality. When the Dollar still holds its worth internationally and they deceive you to believe the dollar has dep ...
read full comment
Does Ghana's economy control the world economy or is it the other way round?
Wait small and you will know the truth: when dollar and cedi stand toe to toe, who is who...
Attention!, Attention Ndc has paid some youth to go on internet to fan in tribal sentiment, insults on one tribes against another. Specially Akans against Ewes,Northerners & Gas to create Divisions among Ghanaians to gain pol ...
read full comment
Hmmmmmm nothing is going well for these people, how can you pump money into the system with the mind of helping lift the cedi up? Naa its a bad strategy. Fix the economy and the cedi will automatically get to the appreciabl ...
read full comment
If majority voted TWICE for such a CLUELESS government, then majority of Ghanaian voters are certainly FOOLS!!!
Come 2016 election, give another mandate to this Tibonkoso government, and Ghana will be up for bidding at the ...
read full comment
Stop displaying your ignorance here,you are rather the fool not Ghanaians.
What do you want the government to do about the cedi,pump more money in to keep it strong,how many countries do that?
Stop disturbing our ears w ...
read full comment
Ha, ha, ha, ... Stupidity galore. I guess you made the computer you posted this "shit" from by yourself. Go and tell Mahama to walk on his feet from Accra to Bole next time he visits his folks up there.
This is the type o ...
read full comment
FOOL FOOL FOOL
NDC FOOL
Oh Corney how sad that you are blaming the people for your failures. Your NDc knew the nature of Ghanaians, their taste for foreign goods when you were shouting edebee keke. We have a better Ghana agenda whiles you had no clu ...
read full comment
USD ($)buy 3.453 - sell 3.456EUR
(€)buy 3.769 - sell 3.773GBP
(£)buy 5.378 - 5.385
The above were the rate as from yesterday given out by the BUSINESS GUIDE which was consistent with the BOG figures on their ori ...
read full comment
CORNEY YOU SOUND WISE, BUT YOU ARE AN UNREPENTANT FOOL. WASN'T THE GOVERNMENT WHO SAID THAT HIS FINEST ECONOMICS AND MINISTER OF FINANCE HAVE OUTSTANDING SOLUTION TO PUMP $20 MILLION DOLLARS DAILY INTO THE ECONOMY? AND WASN'T ...
read full comment
Which currency does not float?
You found the actual change rate on the banks' website and you decided to go to your affiliated forex bereaus and black market to get rates that suit your mischief. Tell us how much you will get when you take a dollar to chan ...
read full comment
Americans lift their debt ceiling,pumpinh billiuons of dollars into their economy:it took Obama more than six years before americans begin to see improvement ,,Ghanaians talk more than listening
But the American money was pumped into strategic industries and other capital ventures which has resulted in the upward trajectory of the US economy
My friend, even the said pumped in of $20 million into the economy was done twice and the rest was left to speculators. Actually, the BoG just set up a trap and helped bring the "hoarded dollars" back onto the market which p ...
read full comment
This Mahama administration can't never deliver on many of their promises because of their greediness.They have built an empire which is full of thieves.The Ibrahims,Anyidohos,Nketias are just few to mention.You can't eat you ...
read full comment
I am happy, I want it to slide like it stepped on okro so the small pounds I send will be chafu chafu in Ghana. More grease to your elbows wampah
Just like Prophet Bawumia said, the exchange rate will expose you if you lie about the economy. Hmmm here we are at it again. Let's wait to hear what the Ndc idiots communicaters will have to say again.
Dumb government with shallow minded economy team ,how can u pump dollar into the system believing it will help our cedi to gain,wait ,just solve domsor and automatically production will go up and then we can make some dolla ...
read full comment
ALL OUR MONEY AND GHANA IS BROKE PERIOD
These Ndc economic small brains don't know the tin, when they try to teach you the tin, you insult the teacher. Just 3 weeks of gains and the the Ndc fools were all over the place beating their chests and clapping for themsel ...
read full comment
BoG boss must be probed,I suspect something is going on behind the scenes,it can not be natural,his decision to pump taxpayers money to enrich the un scene hands in the currency trade must be investigated by the BNI.Many ve q ...
read full comment
FALSE!!!
THE CEDI APPRECIATED AS HIGH AS 2.9 GHC TO THE DOLLAR. MORE APPRECIATION OF THE CEDI UNDERWAY.
LONG LIVE MAHAMA.
LONG LIVE TERKPER.
LONG LIVE WAMPAH.
LONG LIVE GHANA.
gyimii gyimii
See how hard you trying to defend this incompetent government...stupid!!!
The Ghana CEDI is SERIOUSLY SLIDING despite the regular dollars the Bank of Ghana is pomping into the system to sustain the cedi.
Dr. Mahamadu Bawumia, NPP Vice-Presidential Candidate, has already commented and the NDC IDI ...
read full comment
WON'T ACCEPT THE TRUTH PERIOD. BAWUMIA WILL PUT NDC SECRET LIES INTO SHAME PERIOD
That is what the speculators, economic saboteurs and the currency traffickers were shouting for.
Bad economics we told you so. How can you just be pumping cash (dollars) to kill its value. you need production to do that. when you increase your export, that problem would be solved automatically, and that is the time you n ...
read full comment
Health issue and opportunity
Get approved quality health product and prevent yourself from the following chronic sicknesses and disease
Are you suffering from Cancer? prostrate and breast cancer, skin cancer, cancer in ...
read full comment
THE GOVERNOR OF THE BANK OF GHANA DOES NOT KNOW WHAT HE IS DOING. THE MARKET DICTATES THE STRENGTH OF A CURRENCY, ON THE BASIS OF THE FUNDAMENTALS OF ANY NATION'S ECONOMY. DR KOFI WAMPAH AND THE BANK OF GHANA OF GHANA ARE WAS ...
read full comment
Ghanaians should lower their expectation on cedi currency:because of currency venerability:the movement of currency here and there,the world economy is in venerable position as Mohammed al Harian of Alianz financial chief ad ...
read full comment
The Cedi is a problem. Dumsor is a problem. Infation is a problem. Public Deficit is a problem Borrowing are accepted. Abbaaaaa, why cant Mahama and his fake NDC gouvernment leave Ghana in peace.
Mahamma is a looser and he knows that.Only foolish and stupid people dont know this.Period.All he does is talk.He should have been a school teacher rather than taking the whole nation for a ride thanks to the foolish idiots w ...
read full comment
Currency speculators beware.
How much is being pumped into the system by BOG? IS IT $20MILLION A DAY OR $20MILLION A WEEK?????. Some of us are confused and disturbed! All these activities are not sustainable. Block all the loopholes in the NDC thieving ...
read full comment
THEY WILL ACOMPLISH NOTHING,ABSOLUTELY NOTHING,EVEN WITH THE OIL.UNLESS WE BOOT THEM OUT AND PROSECUTE THEM ASWEL,GHANA WOULD SINK FURTHER IN HARDSHIPS & TO THE ABBYSS OF ECO-DISGRACE.ALREADY APPROACHING A FAILED STATE STATUS ...
read full comment
WELL SAID, EWE PRIEST, WE WILL SHINE OUR EYES "WELL-WELL".
Mmm nothing seems going on well for this president.i really don't no if ppl around him is not helping or he does not take advice.or maybe he was not the president but was wrongly chosen!!is sad though hadn't not he will feel ...
read full comment
So happy I don't have to send much home I wish it get back to 4 cedis Thank you JDM
Pumping $20m daily is just speculations by the central bank just as to persuade those hoarding forex to bring it out. But with this tool adopted by the central bank things will get worse in the long run.
Supporters must agreed to it that their government has failed big time and let's be patriotic and vote them out and see if the real vision man nana the Antipas can shift our country for better.lets him good ppl in Ghana pls,
Blessed are those who continually think for the rest of the people and do the right things
Blessed are those who do not sleep because they wish the country well
Blessed are you when uncouth people attack you from various an ...
read full comment
Wow, I like your Beattitudes. Nice writing
Yes,let it slide for a while, then we can shore it up again and wipe out the remaining of the speculators. Great opportunity to make the speculators bankrupt.
A country full of fantasies!!! Until leadership and people in authority listen to expects in various fields of economic management, it will take a miracle to save our nation called Ghana from such selfishness, sycophancy, hy ...
read full comment
Worst still, Ghana has become like one of a "slot" gambling machine in the streets of Las Vegas in the U.S. where the old and young seek economic fortunes!!!
Ghana's economy is not that significant in world's trade. We need to strengthen our export rather than imports where people prefer stronger cedi in order to bring rotten goods from other countries. China and Japan have kept t ...
read full comment
GHANAIAN TRADERS,POLITICIANS AND BUSINESSMEN WHAT DO YOU NWANT.CEDI MUST GO UP OR MUST GO DOWN.MUCH NOISE ALL THE TIME NPP ON ONE SIDE AND ACADAMICIANS ON THE OTHER SIDE.
when the well runs dry!
What has happened to the $20 million injection to stabilise the cedi.
NPP HOARDERS OF DOLLARS SHAKING
I love the expression for yet the greatest foolish act of the monetary leadership. Let this be a reminder to them hence forward. YOU CANNOT BREAK THE MARKET FORCE WITH EVEN THE MOST LOSS MAKING MONETARY INTERVENTION. That's i ...
read full comment
You teaching the concept of flying to a Fish in the river.Ignorant Mahama and NDC Corrupt worshipers have no Idea of Monetary policy and Markets!.
Both, a strong and weak currency have their positive and negative aspects. A weak currency favours exports and incoming tourism as a strong currency imports and outgoing tourism. However, what kills an economy and a country i ...
read full comment
This is due to the fact that people have realised the govt't lied about relasing 20million dollars every week. Where does the money go to?
The NDC was NOT elected in the last elections and they know it. Just like a thieve ,they have broken into Power and Stealing much as they can before they run out!.
If injecting $20 million is no more working, why not try $40 million? Keeping a brain-dead person on life support doesn't make the person a living being. It only prolongs the drying process.
Stop comparing the cedi to the dollar.Ghana is not USA. Produce what you eat,trade with other African countries,solve dumsor ,stop stealing money and everything will be fine
Telling lies has always led to disgrace.
How can a broke government pump $20 million into the forex market per day?
Where from that money?
John Mahama and NDC have been telling lies for the past 3 years.
This Suffering is really needed to awake Ghanians to understand that only their VOTE will remove this Ignorant Mahama and his Gang of NDC thieves from power!.
Excellent, Halid,it is NDC that is always doing those things for their political ambition. I wished some one drummed this to the Northerners and indeed the Akans to be ware of the diabolic characters.
1 US Dollar = 3.82 GHC
www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=GHS
TODAY: 7/31/2015
Ghana has a donkey ruling the country that is things are getting worse.
Ghana is not fall from becoming a failed state because of foolish mahama
As of 5-minutes ago, MoneyGram's rate was $1 = GHC3.33
Ghana is suffering de same to it currency
Ghana is suffering de same to de cedi
BECAUSE OF STUPIDITY, THE NPP THINK THAT THEIR VOICEFCIROUS MINORITY CAN TURN INTO MAJORITY.
USELESS PEOPLE.
Ignorance on the highway. What do have to stabilize cede against doller. Countries like China that produce half of what the world buy including USA have yen lower than doller for economic sense.
FOLKS THIS IS NOT ABOUT AKAN OR EWE,ITS PRIMARILY DUE TO THE FACT THAT GHANA NOT BEING AN INDUSTRIALIZED NATION DOES NOT HAVE THAT ECONOMIC MUSCLE TO BACK HER LEGAL TENDER,SECONDLY OUR NEGATIVE CULTURE OF NOT WANTING TO MANUF ...
read full comment
R we sure it is 20 million they r pumping,this people can pump only 15 million into the economy and pocket the 5 million dollars.
i told a friend in u s a that the cedi will depreciate from six cedis to a dollar in the sense that the ndc government did not sweat for that and there are no resources to back that fall of the foriegn currency
poor ndc government,Your have nothing better to offer ghanaians only than looting of our money headed bymahama
The government is too desperate to win political power. Rushing everywhere.