You are here: HomeNews2013 02 27Article 266097

Ghana’s Economy is in Dire Straits

This article is closed for comments.

Read Comments Comments (49)

  • KOFI 11 years ago

    it serves us right,no put a gun into our heads to elect incompetent people.iam leaving in CANADA but i still care because 'HOME SWEET HOME'

  • KOLA, INSIDE LONDON. 11 years ago

    We saw this coming as the NPP in their desperation to cause chaos in Ghana to sponsor EC official to cause this scandal to ridicule the EC to make their case look good, hahahahaha

  • Sir EfiaGA TogbeGA Dadi Wula Mesetowo 11 years ago

    FFFuck you,Kola and all your foolishness!!!!

  • ZoRRo 11 years ago

    The problems in Ghana are many and it appears that the government is the major one. Hopefully Mahama will read this article and make a bold move to turn things around. It's not about politics, it's about our people who are h ...
    read full comment

  • KOLA, LONDON PROPER 11 years ago

    Why do you use ' it looks like' when you have no facts? Yet you have PhD by your name......Is it a sign of your inferiority complex?

  • KOFI 11 years ago

    sorry,is no one.......

  • richard 11 years ago

    EVEN 5 YEARS CHILDREN NO

  • Nana Yaw 11 years ago

    And so what? Is Ghana going to be the only country to have economic downturn in human history? Spare us the nonesense!!! 2000 to 2007 Ghana benefited from the generousity of the global economic surplus which made it possible ...
    read full comment

  • KOFI 11 years ago

    your leaving in la lala land.spare us the nonsense too,your ndc has ruled ghana than any political party,all the mess we are facing now is attributed to rawllings incompetence all the way down to your mahama.so if other count ...
    read full comment

  • KOLA, LONDON PROPER 11 years ago

    Are you a thief to support a thief like Kuffuor?

  • Eko 11 years ago

    For us to have so much resources and still be so poor it can only be corruption, nepotism and cronyism.
    Too many hard working, ordinary Ghanaians still get just one good meal a day; whilst fat, useless men send their childr ...
    read full comment

  • TWEAAAA!!!!! 11 years ago

    NO 1 PROBLEM IS THAT MOST GHANAIANS DON'T UNDERSTAND AS WELL AS SEE WHAT IS GOING ON WITH OUR ECONOMY, ESPECIALLY THOSE WHO LIVE IN THE REMOTE AREAS. EVEN THOSE WHO COULD READ AND UDERSTAND DENY GHANA BECAUSE OF PARTY POLITIC ...
    read full comment

  • KOFI 11 years ago

    WELL DONE TWEAAAA TELL THAT TO SO CALLED NANA YAW

  • yb 11 years ago

    Country broke country no broke we all dey inside so bring ur expertise onboard.

  • K.K 11 years ago

    MR. WRITER, WHERE WERE YOU 8 YEARS AGO WHEN THIEF KUFOUR AND HIS GREEDY BRAIN CHILD AKUFO RULE AND RUINED OUR ECONOMY HENCE THE CURRENT STATE OF AFFAIRS. yOU SHOULD BE THANKFUL THAT SENSIBLE AND PROVEN LEADER IN MAHAMA WON T ...
    read full comment

  • ATAKORA BEDIAKO 11 years ago

    SOMEBODY WRITES SUCH A FINE ARTICLE AND THEN YOU GET UP AND WRITE SUCH RUBBISH IN RESPONSE.DO YOU WANT US TO PROGREES OR KEEP ON SINKING.SHAME ON YOU.ALL THAT GOES ON IN YOUR MIND IS HOW TO PUT YOUR OPPONENTS DOWN-THAT IS ALL

  • Yaw Agyei 11 years ago

    Asiedu Nketia could only speak about bad english in the house, But know nothing about economics.BIG FOOL.

  • CON 11 years ago

    LISTERN WHAT THE GUY SAYS. GOOD IDEAL

  • BOLD 11 years ago

    This is simply a masterpiece that educates those who are intelligent in this forum, excluding those who knows the truth but would not accept the hard facts. What you have written is sheer common sense but why the government d ...
    read full comment

  • THEY HATE WE NORTHERNERS 11 years ago

    The writter is suffering from the Ashanti disease, hatred for a president from the north.

    Kwabena Agyepong put it this way, "we will not the impudence of Mahama to role over Ghana", their Ashantis only Ghana.

  • Ollie, Montreal 11 years ago

    Ghana must be sold or privatized to the whites, period.

  • William 11 years ago

    Good thinking. We have leadership problem. Lack of money and the desire for financial gains by what means is driving us mad. If you are not working you cannot survive so everybody is grabbing what he can get. Do you know tha ...
    read full comment

  • jb 11 years ago

    BOTH NPP AND NDC are corrupt and loots..mahama looks confused...

  • GOLD COAST 11 years ago

    Certainly,Ghana's economy is not heading towards an upward trajectory but rather has become stagnant and imperilled by government overspending and a bloated bureaucracy.

    Kufuor handed Egya Atta a sick economy that was hamp ...
    read full comment

  • CARDINAL 11 years ago

    Kuffour handed Mills the best economy in Africa in 2009. An economy that has grown from a 4 billion economy to 17 billion in 8 years is not a sick economy. Kuffour inherited Rawlings mess with a stagnant economy with 42% infl ...
    read full comment

  • CARDINAL 11 years ago

    You don't have no clue of business transaction. Ghana and Agya Atta could not go after EO group because EO group had no contract with Ghana government and earned it money legitimately with its consultative contract with KOSM ...
    read full comment

  • GOLD COAST 11 years ago

    Some smart folks like yours truly know how Kufuor and Ambassador Edusei gave Ghana's multimillion dollar seizemic data free to KOSMOS - in exchannge for 3.5% shares hidden in the American company's total shares.

    The whol ...
    read full comment

  • GOLD COAST 11 years ago

    *NONSENSE

  • CARDINAL 11 years ago

    You are really a moron for somebody living in USA to crap this nonsense Consultancy is a legitimate business and Kosmos knowing the stringent USA laws against corruption will not infringe on this law just to pacify anybody.
    ...
    read full comment

  • GOLD COAST 11 years ago

    [Fa wo nkwaseasem ne wo gyimii no fi meso]

    Sarpong(aka Cardinal,Houdini,Sam, Paulo,Catalyst,Ghanaba et al)who appointed you EO Group's spokesman in Houston?

    Your ignorance and primitive tribalism is well known to Ghanaw ...
    read full comment

  • KOLA, LONDON PROPER 11 years ago

    I am Laughing. Aponkyi Sarpong has been exposed, a drop out from Aggrey Memorial Secondary School.

  • CARDINAL 11 years ago

    Hahahahahahahahahahahahaha, you know I can go on the insult route with you and you wouldn't last but I LOVE YOU.

    Tell your sister I impregnated that, she should have used the money I gave her to abort the baby. I am not re ...
    read full comment

  • mojingles 11 years ago

    I imagine for a second that one can analyze the performance of our national economy without as much as considering global economic conditions that directly impact the economy for better or worse...

    Dr.Ernest Boateng in his ...
    read full comment

  • CARDINAL 11 years ago

    Mojingles, in as much as our economy is tied to the developed countries and is affected by global upheavals, developing countries are less affected by the global meltdowns due to the nature of our economies where we don't use ...
    read full comment

  • Isaac Kusi, Bronx, NY. 11 years ago

    If you sell your birthright what do you expect. The people drilling our oil are saying they haven't made any profit and not paying any taxes. So there is a shortfall in revenue. We get 5% royalties on our gold plus any taxes ...
    read full comment

  • Mumuni 11 years ago

    Yea, Sam Jonas and his political henchmen sold all the Ghana share in the Ashanti goldfield and he got knighted for it. The govt cannot depend on those tiny taxes they are getting for our natural resources.

  • DO THE RIGHT THING 11 years ago

    Dirty minority political article on the state of the nation's economy. What has the distributed computers got to do with the nation's economy?

  • JAK 11 years ago

    You are an idiot. The distributed computers were not bought with your mother's shit. We paid real money for it and so that stupid MAHAMA can buy the election and it did not contribute nothing to the economy.

  • Tokyo 11 years ago

    Economy. Is there an economy out there at all. Thet countries boat had already sank the people are stupid so they elect very stupid leaders to manage their affairs

  • Kwabena Asante 11 years ago

    A well thought out piece.The economy is on a negative trajectory and the spending unsustainable.There is minimal co- relation between productivity and remuneration and our public sector is over bloated. The government should ...
    read full comment

  • Kwadwo afari 11 years ago

    The bible says in ecclessiates 10:6 that "foolishness has been set in great dignity, the rich (those with know how) are seated in low places, servants are rather on horses while princes walk on foot". In v16, "woe unto a nati ...
    read full comment

  • Hamid 11 years ago

    1. Is it true that the President does not pay income tax? I thought he did!!! If not, then that is an extreme injustice to all Ghanaians. But I think the President pays tax. All parliamentarians and political appointees pay t ...
    read full comment

  • Kwasi k. 11 years ago

    God had given us all the mineral resourses, What is our problem again?
    President Mahama MUST wake up

  • Alex 11 years ago

    Thief Mahama will soon run after his shoes.

  • Apalahal 11 years ago

    You lie. As far as I know the Prez files his tax rreturn every year and intends to do so in march this year.

  • KWABENA OHEMENG,LONDON. 11 years ago

    I have always been telling the government not to' cross the red line' and i will keep stressing that.The government should simply not spend money that it has not got.Are we not learning from the causes of the economic meltdow ...
    read full comment

  • Joy 11 years ago

    But Kwabena, who is the "Government" - is it the Executive or Parliament? Since Ghana is organized so centrally, unless Mahama shows the ledaership to undertake these recommendations to improve the performance of the national ...
    read full comment

  • Gotlieb Gbotsyo Agamah 11 years ago

    A beautiful article but would our stupid one-eyed, brain dead half-brains politicians understand and put sensible solutions in place apart from wanting to be worshiped by foolish Ghanaians, going to funerals every week instea ...
    read full comment

  • Awuradebasa 11 years ago

    Jato Rawlings has $3.5 billion in his foreign accounts.
    Mahama is also saving ...funny