One killed, houses torched in renewed Sayeegu, Sambiruk clashes

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PRINCE KWASI ADADE ( OFIE P33 ) 9 years ago

DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there ...
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DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there is the issue of prudence in the management of Ghana’s resources. How do you go and borrow money for 10.75% (US dollar) and give it to someone to lend it to you at over 20% (GHC)? In effect you are paying over 30%! Assuming stable exchange rates, Ghana will be paying additional interest of at least $50 million a year on this transaction. It really is reckless. The government is claiming that the funds were “idle”. Really? What does that mean? Why do you borrow funds and pay interest on it if you do not have use for them at the moment? It is clear that the GIIF does not have a portfolio of projects ready to invest in and it is weird to allocate a whopping sum of $250 million to them at this time. Is the Minister aware that the country owes N-Gas some $100 million? What about other contractors who are owed money by the government? How can you owe so much, have so much to do and yet claim to have “idle” borrowed funds? The allocation of such an amount to a private bank also has major macroeconomic consequences for a relatively small economy like Ghana. It increases the deposits of the banking system and ultimately the money supply. It has inflationary and exchange rate depreciation consequences and would make it more difficult for the government to meet its inflation target. I am surprised that the government is oblivious of these consequences. The Funds should stay at the Bank of Ghana. After all the Bank of Ghana, on its own or through its external fund managers of the caliber of internationally reputable banks like UBS, JP Morgan, Citibank, Merrill Lynch etc. can undertake whatever investment of the country’s foreign exchange that the government would like it to undertake
Douglas. Bristol-UK°` 9 years ago

stop behaving like senseless ASHANTIS and violent narcotics peoples party NPP

stop behaving like senseless ASHANTIS and violent narcotics peoples party NPP
Bbb 9 years ago

Npepefour again

Npepefour again
Frank Agyena-Karikari 9 years ago

Can't some of these people reason beyond their noses? Always fighting over any trivial issues. What the hell is going on? Put the towns under 6PM-6AM curfew and they will learn some sense.

Can't some of these people reason beyond their noses? Always fighting over any trivial issues. What the hell is going on? Put the towns under 6PM-6AM curfew and they will learn some sense.
Jake-Boston USA 9 years ago

If you vote for Mahama, you are voting for Ghana to look like this(Zongo)What they do everyday is fighting among themselves. And Mahama is used to this kind of life.

If you vote for Mahama, you are voting for Ghana to look like this(Zongo)What they do everyday is fighting among themselves. And Mahama is used to this kind of life.
Akua 9 years ago

Foolish people will u send d land to eternity.

Foolish people will u send d land to eternity.
Amidini 9 years ago

Oh my brothers, don't fight among yourselves, don't kill yourselves. Your common enemy is "POVERTY"

Oh my brothers, don't fight among yourselves, don't kill yourselves. Your common enemy is "POVERTY"
THIS DAY 9 years ago

HOW ARE WE GOING TO CORRECT THIS BAD CULTURE OF OUR BROTHERS FROM THE NORTH. SMALL THING THEN THEY ARE KILLING THEMSELVES, THEN THEY ARE BURNING THEIR HOUSES. HAAABA !. ENOUGH IS ENOUGH WAI ... LEARN FROM YOUR BROTHERS IN THE ...
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HOW ARE WE GOING TO CORRECT THIS BAD CULTURE OF OUR BROTHERS FROM THE NORTH. SMALL THING THEN THEY ARE KILLING THEMSELVES, THEN THEY ARE BURNING THEIR HOUSES. HAAABA !. ENOUGH IS ENOUGH WAI ... LEARN FROM YOUR BROTHERS IN THE SOUTH. IF THERE IS ANY MISUNDERSTANDING, YOU SETTLE THEM IN COURT, BUT NOT TO RESORT TO BARBARIC ACTIONS LIKE KILLING, BURNING HOUSES ETC. IT APPEARS THAT BUILDING A HOUSE IN THE NORTH IS NOT DIFFICULT ...
Kweku Boateng Jnr. 9 years ago

The Police should do their work by arresting those committing crimes, take them to court. If say five or ten persons are sentenced to long term imprisonment, the rest would think before committing crime.

A very beautiful ...
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The Police should do their work by arresting those committing crimes, take them to court. If say five or ten persons are sentenced to long term imprisonment, the rest would think before committing crime.

A very beautiful district with lots of minerals, very clean water, it could supply Tamale and Bolga with good bottled water, nice tourist spots, particularly the Nkrumah Spot etc

Impunity is the order of the day, hence the violence, property destruction and killing.

IGP wake up.
Big Dadi 9 years ago

He is deceiving his fellow countrymen that he has turned the country into paradise for his criminal NDC fools to follow him

He is deceiving his fellow countrymen that he has turned the country into paradise for his criminal NDC fools to follow him
Bbb 9 years ago

Brains,brains and a lot brains of which these northerners' are lacking.

Brains,brains and a lot brains of which these northerners' are lacking.
U-BOAT 9 years ago

Eh!

Eh!
Reflex 9 years ago

change of the land tenure system in the country currently would work out the secret. for most of these conflicts recorded across the country, land accounts for about 80% of the causes. All lands in the country should belong ...
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change of the land tenure system in the country currently would work out the secret. for most of these conflicts recorded across the country, land accounts for about 80% of the causes. All lands in the country should belong to the state, and these conflicts would all cease.
Boss 9 years ago

Sorry easier said than done.

Sorry easier said than done.

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News

One killed, houses torched in renewed Sayeegu, Sambiruk clashes

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