Brexit and the economic impact on Ghana

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• Bernard 7 years ago

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• ghanaman 7 years ago

  Stephen Atta Owusu has produced what constitutes a well-reasoned, balanced qualitative analysis of the implications of Brexit on Ghana's economy. what is left is for the various think tanks, economics and business departments ...
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  Stephen Atta Owusu has produced what constitutes a well-reasoned, balanced qualitative analysis of the implications of Brexit on Ghana's economy. what is left is for the various think tanks, economics and business departments of academic institutions, public and private agencies to work on detailed studies of the effects the now irreversible move (on Britain's side) could have on our economy. Brilliant work by the author. The call is now on the nation's scholars, analysts and public servants.

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• Talk 7 years ago

  Remember when Britain decided not to partner for the common Euro Currrency , nothing happened to Britain, the pound became stronger. I presume the same will happen with Brixit. Don't forget Britain is a very well structured ...
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  Remember when Britain decided not to partner for the common Euro Currrency , nothing happened to Britain, the pound became stronger. I presume the same will happen with Brixit. Don't forget Britain is a very well structured country with functioning institutions.

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• Koo 7 years ago

  Even British and EU experts are still arguing out and discussing the full impact of Brexit. As at now, the future is uncertain. There are many ifs and many negotiations ahead.
  
  It is difficult today to know the economic imp ...
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  Even British and EU experts are still arguing out and discussing the full impact of Brexit. As at now, the future is uncertain. There are many ifs and many negotiations ahead.
  
  It is difficult today to know the economic impact Brexit will have on Ghana and, by extension, the rest of Africa.
  
  We can just wait and see.
  
  But one thing all Africa must do - we must get together economically more than ever and learn from the mistakes of the EU. Even more importantly, we in Ghana must give less emphasis on petty politicking and take concrete steps to strengthen our economy. It is only a more robust economy that can withstand whatever impact Brexit will have on us.

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• Markos Lemma, MD, Phd 7 years ago

  As far as Brexit is concerned, it is final and there will not be a new referendum anymore. Sckotland is told that it can not have the EU membership renegotiated and the same concerns Ireland. The only way for the the above if ...
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  As far as Brexit is concerned, it is final and there will not be a new referendum anymore. Sckotland is told that it can not have the EU membership renegotiated and the same concerns Ireland. The only way for the the above if they want to stay in the EU is for Sckotland to be Independent and for Ireland to Unite by forgeting the age old nonsencical division between Catholics and non Catholics, unfortunately? England will not allow that to happen. The same concerns Gibraltaf and Cathalunia's Indepence from Spain.
  Looking at the sisterly countries of Africa of the so- called Anglopjones and Francophones, I have always wondered why the old colonies of Imperialist Britain and France still today are incapable of emancipating themselves. It is a well known fact that the majority of Britons but also the French still today believe that "Colonialism is the best thing that has happened to the Colonised African countries". What a sham!. The trade in African human flesh ( = Slave trade); the slavery and free labour of Africans in captivity for over 450 years that transformed England into Industrial Revolution followed by the Industrialization of the U.S.A and eventually the rest of Europe; the Genocide of millions of African's in the process; the daylight Robbery of Sub-Saharan African countries continuing till the 1980's with a total Robbery of Namibia's Diamond wealth and in the process the Genocide of over one million Namibians. Where Ethiopia is the only exception because, Ethiopian's fought and defeated each and every Colonization attempts by Europeans and the Ottoman Turks hence Ethiopian's don't celebrate "Independent" day but rather Victory days. Furthermore, I don't hear any worries both from the government and the opposition any concern about Brexit. Ethiopian's trade with all the countries of the World under the existing and previously signed trade agreements and they don't belong to any "Commonwealth" or a similar block for the so called Francophone's with France.
  They also use the AGOA trade agreement to trade with the U.S.A and so far Brexit did not affect them trading with Britain nor did it have any effect on British Investors in Ethiopia. Chinese investment is growing every year and the trade between Ethiopia and China is also growing in the last two years in favor of Ethioia. Now the trade and other cooperation agreement including in Industry, Agriculture, Modern Animal husbandry,in the military field and Space technology etc..,which is expanding with Israel particularly after Israel's PM Benjamin Netanyahu's recent visit and his warm address in the Ethioian Parliament, who mentioned the two countries ties extending back for thousand's of years and that he mentioned about the street named Ethiopian street in Jerusalem. Ethiopia is also expanding trade with other African countries.
  Why not try emancipation and fight capital flow out of Ghana and fight corruption in this case in Ghana which in my opinion is much more disturbing and worrying than Brexit.
  Thank You
  Markos Lemma, MD, Phd

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• Odikr@ 7 years ago

  Are the Ghana business moguls aware of the existence of the World Trade Organisation(WTO)?
  Can the business moguls negotiate bi-laterally with this organisation? I

  Are the Ghana business moguls aware of the existence of the World Trade Organisation(WTO)?
  Can the business moguls negotiate bi-laterally with this organisation? I

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• Kweku Donsuro 7 years ago

  This issue is far more complex and with many ramifications. Let us solve our own problems in Ghana.

  This issue is far more complex and with many ramifications. Let us solve our own problems in Ghana.

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• Joanna Daughter 7 years ago

  The impact of brexit is far more than has been imagined. People were in a hurry to vote them out and now in a hurry to change their vote. It will take a while before people see what it is really actually is. But great articl ...
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  The impact of brexit is far more than has been imagined. People were in a hurry to vote them out and now in a hurry to change their vote. It will take a while before people see what it is really actually is. But great article and good info

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• Afrifa Richmond 7 years ago

  If this happens,then the unemployment rate in the country will increase because many investors will no longer come to the aid of Ghanaian's.So Ghanaian's should be in the state of isolationism if that happens.

  If this happens,then the unemployment rate in the country will increase because many investors will no longer come to the aid of Ghanaian's.So Ghanaian's should be in the state of isolationism if that happens.

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• paul 7 years ago

  This shows lack of understanding of the whole issues.Visa requirements for Non-EU commonwealth countries became restricted since Britain joined the EU especially from 1991. Just google and educate yourself. The economy of Bri ...
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  This shows lack of understanding of the whole issues.Visa requirements for Non-EU commonwealth countries became restricted since Britain joined the EU especially from 1991. Just google and educate yourself. The economy of Britain would sure shrink for the short term, but would sure be back on track after election of new prime minister and the triggering of Article 50. This isn't textbook economics, it is frontier economics, just think.

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• Loway 7 years ago

  They should pay Ghana back for all that they've stolen

  They should pay Ghana back for all that they've stolen

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• Okonko Palm 7 years ago

  The impact of Brexit is uncertain as the turmoil continue to drown the UK.The PM resigns thinking of a September hand over but had to concede leaving Number 10 by Wednesday.
  
  Meanwhile the Chancellor is in the US trying to ...
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  The impact of Brexit is uncertain as the turmoil continue to drown the UK.The PM resigns thinking of a September hand over but had to concede leaving Number 10 by Wednesday.
  
  Meanwhile the Chancellor is in the US trying to negotiate the pound stability and to open up trade routes to the rest of the world.Meanwhile the economic and political stability of the UK hangs precariously.Will this cause a world recession? we wait and see.

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• Uncle Ebo 7 years ago

  Well said Agya Attah. Our leaders must think and act fast in the interest of Mother Ghana.

  Well said Agya Attah. Our leaders must think and act fast in the interest of Mother Ghana.

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• MONROE 7 years ago

  Ghana must adopt new countries to trade with, if Britain proves difficult.

  Ghana must adopt new countries to trade with, if Britain proves difficult.

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• Adom 7 years ago

  It is not only Ghana that will feel the impact of slow trade relations but all UK trading partners too.

  It is not only Ghana that will feel the impact of slow trade relations but all UK trading partners too.

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• Stephen-Pipes Afrifa 7 years ago

  Yes.... Thanks to the writer and this is the time for all the policy think tank organizations to come on board for us to see the way forward as to what and how Ghana is going to go from here. We need a solid policy which will ...
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  Yes.... Thanks to the writer and this is the time for all the policy think tank organizations to come on board for us to see the way forward as to what and how Ghana is going to go from here. We need a solid policy which will help boost our economy for a better Ghana to live

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• Oti Akenteng 7 years ago

  You see the politicians are liars,they keep their promises today tomorrow they change their minds.Am honest man and i love honest people.Anyway,let,s see what will happen,i think they will finally become Briregret.

  You see the politicians are liars,they keep their promises today tomorrow they change their minds.Am honest man and i love honest people.Anyway,let,s see what will happen,i think they will finally become Briregret.

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• the eye germany 7 years ago

  In this global village era it is always advisable to be in groups and associations like the EU,ECOWAS,Etc, than to be separated, isolated or stand alone as a county.
  
  Surely,Britain leaving the EU will affect Ghana in many ...
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  In this global village era it is always advisable to be in groups and associations like the EU,ECOWAS,Etc, than to be separated, isolated or stand alone as a county.
  
  Surely,Britain leaving the EU will affect Ghana in many ways especially, in trade and finance.But, there is nothing we can do. We only have to have a new good leader like Nana Addo-danquah Akuffo Addo,or Paa Kwasi Ndiom-a visionary,non-corrupt,bold and effective.

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