When government borrowing plus citizen's insatiable quest for foreign goods exceed supply of the foreign currency to meet this demand, there will always be underground dealings. Then, there are also senseless laws. Catch me i ... read full comment
When government borrowing plus citizen's insatiable quest for foreign goods exceed supply of the foreign currency to meet this demand, there will always be underground dealings. Then, there are also senseless laws. Catch me if you can.
CHAMPION ATTA 9 years ago
ODIKRO, ILLEGAL FOREX HAS BEEN WITH US GHANA SINCE LONG, SAME ON THE WEST AFRICAN COUNTRIES! THIS RUBBISH ON GOVERNMENT BORROWING ETC IS NOT THE CAUSE. YOU ACT AS IF YOU KNOW MORE THAN BAWUMIA!
ODIKRO, ILLEGAL FOREX HAS BEEN WITH US GHANA SINCE LONG, SAME ON THE WEST AFRICAN COUNTRIES! THIS RUBBISH ON GOVERNMENT BORROWING ETC IS NOT THE CAUSE. YOU ACT AS IF YOU KNOW MORE THAN BAWUMIA!
Odikro 9 years ago
It appears you did not do any critical thinking in school. When government issues dollar-denominated bonds in Ghana, for instance, they are practically creating a higher demand for the dollar. The high demand make the undergr ... read full comment
It appears you did not do any critical thinking in school. When government issues dollar-denominated bonds in Ghana, for instance, they are practically creating a higher demand for the dollar. The high demand make the underground business lucrative. As for the effect on the cedi. I will not give you any free Economic 101 here. Oh, and Bawumia created nether commonsense nor critical thinking.
Johnson 9 years ago
BOG and police should check this. People come from neighbouring countries to buy our dollars thereby creating shortages. This must be checked
BOG and police should check this. People come from neighbouring countries to buy our dollars thereby creating shortages. This must be checked
Abipo 9 years ago
These illegal forex Bureau business never went away. Go to Tema community 1 near the Bank in the allies near any bank you will find tall Malian men looking at you and wanting the business you have re changing foreign money.
These illegal forex Bureau business never went away. Go to Tema community 1 near the Bank in the allies near any bank you will find tall Malian men looking at you and wanting the business you have re changing foreign money.
BERNARD 9 years ago
LOOSE WEIGHT NATURAL
Do you want to lose weight faster?
Do you want to flush out and eliminate toxins?0572174551
Do you want to have a nice shape?
Do you want to do more physical exercise without fatigue?
Wondering how t ... read full comment
LOOSE WEIGHT NATURAL
Do you want to lose weight faster?
Do you want to flush out and eliminate toxins?0572174551
Do you want to have a nice shape?
Do you want to do more physical exercise without fatigue?
Wondering how to loose stomach fat?
Searching for tummy sharper?0572174551
The Unique thing about our products is that, It has adaptogenic properties that allows it concentrate at areas where there is high fat concentration in your system and fights it out, so if you have more belly fat or arm, etc it gets rid of it.It helps to control your appetite by Acting as an appetite suppressant, it helps you to inhibit the production and storage of excess fat in your system, it also helps you to Block carbohydrates and fat absorption in your system and aid excess fat burns.0572174551
Yellow man 9 years ago
Do you know why south Africa's economy I so vibrant and well?Because they protect their local currency with laws.You cannot just walk into a cambio to exchange or buy any foreign currency without first of all answering questi ... read full comment
Do you know why south Africa's economy I so vibrant and well?Because they protect their local currency with laws.You cannot just walk into a cambio to exchange or buy any foreign currency without first of all answering questions as to why you need to make that transaction.I remember in the nineties ghana's exchange rates were determined by unscrupulous elements in Nima and Mamobi black marketers therefore totally destroying ghana's economy.JJ and his stupid Finance minister Victor Salormey sat unconcerned whilst charlatans and illiterates conduct and determined how much the cedi should sell or bought.We all know what happened in the long term,Ghana's currency was so worthless that we had do what we had to do.But since this Ndc is in power we should expect the worse is yet to come
Fred 9 years ago
Check your facts dear sir!
South Africa's economy is in shambles, badly mismanaged by the Zuma government.
Check your facts dear sir!
South Africa's economy is in shambles, badly mismanaged by the Zuma government.
Kantika 9 years ago
Our weak system is responsible for these guys to openly buy and sell various currencies with impunity. Both Police and Military pass through Tudu on daily basis but they also look on. Their action brings pressure on the Cedi ... read full comment
Our weak system is responsible for these guys to openly buy and sell various currencies with impunity. Both Police and Military pass through Tudu on daily basis but they also look on. Their action brings pressure on the Cedi and we all suffer.
Abipo 9 years ago
Maybe the police is being paid a bribe by these illegal dealers.Who knows.
Maybe the police is being paid a bribe by these illegal dealers.Who knows.
mr amin 9 years ago
these are some of the factors that creats shortages thus coursing the depreciation of the cedi which is the main problem facing this country.
these are some of the factors that creats shortages thus coursing the depreciation of the cedi which is the main problem facing this country.
When government borrowing plus citizen's insatiable quest for foreign goods exceed supply of the foreign currency to meet this demand, there will always be underground dealings. Then, there are also senseless laws. Catch me i ...
read full comment
ODIKRO, ILLEGAL FOREX HAS BEEN WITH US GHANA SINCE LONG, SAME ON THE WEST AFRICAN COUNTRIES! THIS RUBBISH ON GOVERNMENT BORROWING ETC IS NOT THE CAUSE. YOU ACT AS IF YOU KNOW MORE THAN BAWUMIA!
It appears you did not do any critical thinking in school. When government issues dollar-denominated bonds in Ghana, for instance, they are practically creating a higher demand for the dollar. The high demand make the undergr ...
read full comment
BOG and police should check this. People come from neighbouring countries to buy our dollars thereby creating shortages. This must be checked
These illegal forex Bureau business never went away. Go to Tema community 1 near the Bank in the allies near any bank you will find tall Malian men looking at you and wanting the business you have re changing foreign money.
LOOSE WEIGHT NATURAL
Do you want to lose weight faster?
Do you want to flush out and eliminate toxins?0572174551
Do you want to have a nice shape?
Do you want to do more physical exercise without fatigue?
Wondering how t ...
read full comment
Do you know why south Africa's economy I so vibrant and well?Because they protect their local currency with laws.You cannot just walk into a cambio to exchange or buy any foreign currency without first of all answering questi ...
read full comment
Check your facts dear sir!
South Africa's economy is in shambles, badly mismanaged by the Zuma government.
Our weak system is responsible for these guys to openly buy and sell various currencies with impunity. Both Police and Military pass through Tudu on daily basis but they also look on. Their action brings pressure on the Cedi ...
read full comment
Maybe the police is being paid a bribe by these illegal dealers.Who knows.
these are some of the factors that creats shortages thus coursing the depreciation of the cedi which is the main problem facing this country.