thank you Mr bonso. we love you keep working very hard.
thank you Mr bonso. we love you keep working very hard.
Naakwasi 8 years ago
Excellent presentation the private sector will be the engine of growth.
Excellent presentation the private sector will be the engine of growth.
Obenfo 8 years ago
It's just silly and plain stupidity for the Bank of Ghana to flood the market with printed Cedi Notes to create inflation; and then turn around to increase BoG Interest Rate to 25% to mop off the excess Cedis from the public ... read full comment
It's just silly and plain stupidity for the Bank of Ghana to flood the market with printed Cedi Notes to create inflation; and then turn around to increase BoG Interest Rate to 25% to mop off the excess Cedis from the public in attempt to encourage investment in Treasuries to calm down inflation.
Their policies just kill the private sector. If the BoG is paying 25% on treasuries, which bank will lend to a private business man with the probable risk of default?
And, what kind of profitable business can you do to pay 25 to 40% of revenue on interest alone, before considering other types of operating expenses? It is the Gov't's. policies that are destroying Ghana's economy, PERIOD!
thank you Mr bonso. we love you keep working very hard.
Excellent presentation the private sector will be the engine of growth.
It's just silly and plain stupidity for the Bank of Ghana to flood the market with printed Cedi Notes to create inflation; and then turn around to increase BoG Interest Rate to 25% to mop off the excess Cedis from the public ...
read full comment