hahahahah ,booming indeed ! Party of develish propaganders,NDC. Its true its booming that is why theres cement shortage and it high price ,that is why there is always an increase is tariff prices yet our Mahamma continues to ... read full comment
hahahahah ,booming indeed ! Party of develish propaganders,NDC. Its true its booming that is why theres cement shortage and it high price ,that is why there is always an increase is tariff prices yet our Mahamma continues to tell us no money. We are funny papa ,I bet u we havent seen anything yet ,lets prepare for d worse
Concerned citizen 9 years ago
This economic booming is unprecedented. I have not heard Ndc using that word lately, useless people born by mistakr.
This economic booming is unprecedented. I have not heard Ndc using that word lately, useless people born by mistakr.
insight to the bone 9 years ago
we are tired of the reckless willfulness of these leaders from minority tribal groups who only come with corruption in their hearts and hatred of the values and potential of the majority.This govt due to their anti Akan agend ... read full comment
we are tired of the reckless willfulness of these leaders from minority tribal groups who only come with corruption in their hearts and hatred of the values and potential of the majority.This govt due to their anti Akan agenda and discrimination saturated by hate and envy of the Akans can never do anything right or good . Their wickedness is so deep in their subconscious and conscious that its fully geared to destroy the Akan economy so anything they think will benefit the Akans will be sabotaged , ignored or thrown out . we have no choice but to regroup and do as much as possible without involving the govt , ndc or these pepeni/ayigbe mafia criminals . Corruption , discrimination based on their tribalism , hegemony and chauvinism has eroded all unity within the nation .Akans all over the place are waking up , with the BA chiefs voicing their reservations about GMO , western region , central region are protesting under their breaths , our dear Ashantis have made their position clear so we expect the political parties with understanding of the Akan plight like the cpp , ppp and npp to stand up or be forgotten. We can not wait another 2 years as by then the damage will be cemented beyond repair . Eyered is now everywhere and we reluctantly realize only a bloody revolution can set our people free . Its not that they are unprepared of do not know what to do to get Ghana back on track but the hate in their hearts make them continue on this path of destruction of the Akans . they are doing EXACTLY what they planned to do so dont be fooled, just examine the EU agreement.If this EPA was so good why didnt they push that proposal through the UN for the whole world to benefit . we shall be exploited to the brink of slavery all because we have an illegitimate election rigging ayigbe/pepeni govt seeking international recognition and approval , the same way jj signed us off to the IMF . Only a fool can be deceived into thinking an election is the solution as it will be rigged again, we are wise to remain reserved and keep an open mind as many wanna be leaders fall short of being a genuine progressive leaders rather they are more likely to be in cohorts with the mafia political oligarchy that has a stranglehold on our people
we know many have been brainwashed into stupidity so do not see the truth. have you ever asked yourself why is it that when they hear the call WE AKANS they go into a stupefied frenzy of hate ? why is it that Akans are now very cautious of even saying who they are and where they are from , why is it that its only the Akans who believed in the melting pot of Ghana and disregarded their diversities . why is it that today in the ministries most traumatized Akans will only speak Ga or English yet ewes , northerners can freely converse in their mother tongue ? Talk about aggressive tribalism and where its coming from , who started it ? Hegemony , narrow mindedness and blaming all other tribes except their own was never started by the Akans but we can also learn the game very quickly
Mr. Figure-Out 9 years ago
Interesting times in our body politics. Anita Desoso blame the free fall of the cedi on some mysterious dwarfs while on a panel discussion at Adom FM some couple of weeks ago. Fiifi Kwetey says the free fall of the cedi is a ... read full comment
Interesting times in our body politics. Anita Desoso blame the free fall of the cedi on some mysterious dwarfs while on a panel discussion at Adom FM some couple of weeks ago. Fiifi Kwetey says the free fall of the cedi is a blessing and, just yesterday, we have Seth Tempe at his propaganda best when he told parliament that he economy isp up at a time where fuel prices have been increased and the cedi is at the highest gear speeding away from all major foreign currencies.
Kojo T 9 years ago
Sarpong you are playing politics but I know you are NOT an Economist . Everything has two sides, the good and the bad . Busia devalued the Cedi in the 70s and we had the same argument . Then we asked why he shut down the Nkum ... read full comment
Sarpong you are playing politics but I know you are NOT an Economist . Everything has two sides, the good and the bad . Busia devalued the Cedi in the 70s and we had the same argument . Then we asked why he shut down the Nkumah factories ?NPP talks about being entrepreneural This is the time to show it by producing for exports "now if somebody send you a dollars from America instead of getting one cedi for a dollar in Kufuor's time, now you get almost four cedis for one dollar. Folks, you see how the minds of these callous People work" So gold mines get 4 cedis for every dollar they earn and a marginal factory that exports can now be profitable . More tourists will come in as the goods in Ghana are cheaper . Yes imports will be more expensive thereby driving buyers to the cheaper local products . That way the local entrepreneur can be wealthier . Your understanding of econs is suspect . We flock to China because the goods are cheaper . Stop confusing your illiterate "sheep"
SARPONG 9 years ago
I am not an Economist but you don't have to be to understand this basic economic lesson we even did in our "O" Levels Economics.
You just don't have a clue of what the issue here is and I will not waste my time on you. Jus ... read full comment
I am not an Economist but you don't have to be to understand this basic economic lesson we even did in our "O" Levels Economics.
You just don't have a clue of what the issue here is and I will not waste my time on you. Just read Kofi Atta, Botha and others to get your Economic fundamentals before you waste anybody's time. I was just about six or seven in 1970 and could not have said anything about Busia's devaluation because the reason might not be as you saying here.
Let somebody teach you basic economics before you come here and waste people valuable time, ok?
akonoba 9 years ago
The Bole Mahama has no clue. Did Mahama put it in NDC manifesto as policy for depreciation of the cedi??? This is ridiculous. It is only Mahama govt that has a policy of depreciation and target higher inflation. What a Mahama ... read full comment
The Bole Mahama has no clue. Did Mahama put it in NDC manifesto as policy for depreciation of the cedi??? This is ridiculous. It is only Mahama govt that has a policy of depreciation and target higher inflation. What a Mahama we have as a president.
ILLITERATE JUSTICE SARPONG 9 years ago
Stop using the phrase'devaluation of cedi' as no Government not even the thief, Kufuor did 'devaluation'.
I know you are still confused with depreciation and devaluation of a currency but You have to beg me to lecture you ... read full comment
Stop using the phrase'devaluation of cedi' as no Government not even the thief, Kufuor did 'devaluation'.
I know you are still confused with depreciation and devaluation of a currency but You have to beg me to lecture you on the meaning of both.
And you took my audience typing 'differentiate between devaluation and depreciation which typographically I miss-typed 'different between', ohhh how sad you are.
And what sort of English have you below??
--------------------------------------
they have taken the saying "every misfortune is a blessing" and given it a different meaning sending their propaganda employees to the towns and villages of Ghana telling them that, they have improved the economy because now if {{somebody send you a dollars ))from America instead of getting one cedi for a dollar in Kufuor's time, now you get almost four cedis for one dollar. Folks, you see how the minds of these callous People work.
---------------------------------
1)''if somebody send you dollars'.....hahahahahahaha Brofohene.
2) ''sending their propaganda employees to the towns and villages telling them that they have improved the economy''.....Verb confusion Paaaa!!!
Telling who? the employees OR the villagers? Aboatan, I tell you it will take your entire remaining useful years to be able to write one good English complete sentence, You Chartered Illiterate and a watchman at Texas Fertilizer factory called Aponkyi Sarpong.
SARPONG 9 years ago
Hahahaha, did you know even Fifi Kwetey was using the term devaluation of cedi and depreciation of the cedi interchangeably? Do you know why, you illiterate fool? You can't even write one correct grammar in any of your comme ... read full comment
Hahahaha, did you know even Fifi Kwetey was using the term devaluation of cedi and depreciation of the cedi interchangeably? Do you know why, you illiterate fool? You can't even write one correct grammar in any of your comments and you want to talk about Economics?
Get it into your empty head that devaluation of cedi can occur naturally without any interference by any government. Devaluation of cedi occurred under Kuffour when the new cedi pegged at one cedi to one dollar went to one cedi twenty five pesewas to one dollar. You could have said the cedi has depreciated or devalued.
Definition of devaluation:
A currency devalues when its value declines in relation to one or more other currencies.
Definition of depreciation:
A decline in the value of currency relative to another currency.
You "illiterate brainy", don't run, come back here and tell "forumers " the difference.
As far as the the English quotations you took from my articles, there is nothing wrong with the two..
If somebody send you dollars and the other one are correct.
How convenient, all your grammatical mistakes like;
Childrens is a group of children
Do you leave in a shark
Where did you schooled
You cannot different between devaluation and depreciation
Etc are all audience typing mistakes. You know what your problem Is? You don't know the meaning of audience typing.
Cano 9 years ago
Fiifi Kwertey, low level mind in high level position.
Fiifi Kwertey, low level mind in high level position.
Kojo T 9 years ago
Sarpong is confusing you
Sarpong is confusing you
Botha 9 years ago
The only person who sems to be confused is you. This is not brain surgery. The depreciation of the cedi now is a curse but not a blessing.
If the depreciation is good, tell us why the government is putting measures in to ... read full comment
The only person who sems to be confused is you. This is not brain surgery. The depreciation of the cedi now is a curse but not a blessing.
If the depreciation is good, tell us why the government is putting measures in to bring the value of the cedi up? Why is not the government doing everything to let the cedi value fall more if this is a good thing for the economy?
You are really confused. Do you even have a high school economic credit?
Dr. Kojo Opoku Aidoo, Univ. of Ghana 9 years ago
This is ridiculous! When in such a situation, just like when you in a situation of devaluation, only only nations that can take advantage and increase exports are the industrialized states. Predominantly agrarian societies ar ... read full comment
This is ridiculous! When in such a situation, just like when you in a situation of devaluation, only only nations that can take advantage and increase exports are the industrialized states. Predominantly agrarian societies are not able to do so. It takes close to five years to increase cocoa production, so how do farmers increase production to take advantage?. This is a Minister of state in 21st century Ghana?
Kojo T 9 years ago
Mr Doc . we are not talking cocoa but manufactured goods and non traditional exports . Other wise apart from criticizing come out and tell us how you wwill staibilize the Cedi and create a surplus Profit/loss = sales -cost If ... read full comment
Mr Doc . we are not talking cocoa but manufactured goods and non traditional exports . Other wise apart from criticizing come out and tell us how you wwill staibilize the Cedi and create a surplus Profit/loss = sales -cost If the sales are higher you make a profit and if sales are lower than cost you make a loss . That is why it is important we sell more
SARPONG 9 years ago
What manufactured goods and non traditional goods we can export now to take advantage of the depreciated cedi as Fiifi Kwetey is talking about? We are talking about now to about six months that will be advantageous.
Do you ... read full comment
What manufactured goods and non traditional goods we can export now to take advantage of the depreciated cedi as Fiifi Kwetey is talking about? We are talking about now to about six months that will be advantageous.
Do you know anything of inelastic and elastic commodities? How can you know when you are talking of class one stuff like more sales than expenses you make profit.
You don't qualify to engage anybody on this issue here.
KOLA, INSIDE LONDON. 9 years ago
Now listen attentively and take this from me that you are a very big illiterate.
Devaluation NEVER occur naturally. If it is natural as you coconut can take, what natural means?
And with your elementary definitions, you ... read full comment
Now listen attentively and take this from me that you are a very big illiterate.
Devaluation NEVER occur naturally. If it is natural as you coconut can take, what natural means?
And with your elementary definitions, you have really sold your BRAIN for fufu and bush-meat......I can't even laugh. Any student of Economics will be laughing at you now.
Just beg me to give you free Econs. lecture, Ok?
SARPONG 9 years ago
"If it is natural as (you) coconut can take, what (?)(?)natural means"?
Now talking about verb confused which you hold a PhD in. Did you not write yesterday that,
KUFUOR IS HUNTED BY STEALING?
The above is what is kn ... read full comment
"If it is natural as (you) coconut can take, what (?)(?)natural means"?
Now talking about verb confused which you hold a PhD in. Did you not write yesterday that,
KUFUOR IS HUNTED BY STEALING?
The above is what is known as verb confused. Stealing is an inanimate object so it cannot pick up a gun and hunt Kufuor. Rather the word is HAUNTED which means your conscience is being troubled by your stealung. Learn how to write proper grammar, ok?
IS THAT SUPPOSED TO BE ENGLISH? Aaahhh!!!Kola, when are you going to write a coherent grammar that will lend itself for a proper discourse?
Let me try again to explain this to you like I am talking to a retarded person or trying to teach a class one pupil and you fall into both categories..
Now let's begin the lessons
Devaluation and Depreciation of cedi both means the value of the cedi has come down. DO WE AGREE ON THAT? Ok
Depreciation of the cedi comes about because of some government policies it adopted that have affected the value to go down. This is not done deliberately.
On the other hand, devaluation of the cedi can be deliberate (NATURAL) whereby the government can say instead of getting one dollar for one cedi, now you need one cedi fifty pesewas to get one dollar, I think this is your narrow understanding of devaluation but devaluation can be unatural too.
When the government because of high borrowing start paying high interest rate, importing more than it is exporting,, when people start withdrawing foreign currency from their bank account because of government restrictions etc, that is an unwitting devaluation of the cedi.
I know your illiteracy will not allow your brain to process this information but I have done my Godly duty trying to help you.
ARE YOU ALRIGHT SARPONG? 9 years ago
You absolutely need help from Kola to better your English and Economics.
I think Kola is well educated as well as having sense of humor.
You absolutely need help from Kola to better your English and Economics.
I think Kola is well educated as well as having sense of humor.
SARPONG 9 years ago
I take it you want to get ghost so you are assuming a new moniker. Now run, you smelly trokosi incestuous bastard. You don't even know the difference between export and import or else you wouldn't write;
We export from..
I take it you want to get ghost so you are assuming a new moniker. Now run, you smelly trokosi incestuous bastard. You don't even know the difference between export and import or else you wouldn't write;
We export from..
KOLA, INSIDE LONDON 9 years ago
Is Real GDP a economic fundamental? What kind of Kobolos do we have as opposition in Ghana?
Fundamentals should be real policies underpinning the growth of GDP not the GDP itself.
Now first lesson for the Kobolos; Whe ... read full comment
Is Real GDP a economic fundamental? What kind of Kobolos do we have as opposition in Ghana?
Fundamentals should be real policies underpinning the growth of GDP not the GDP itself.
Now first lesson for the Kobolos; When they embark on monetization to redenominate the cedi, did the NPP consider 'FUNDAMENTALS' to sustain the cedi? What didn't they do to worsen the BOP - exporting cheap poor rice from INDIA AND CHINA left, right center and forward by their business shoeshineboys and girs cum their Dog chain sellers was the order of the day so if now the cedi has detiorirated, it is these Kobolos 'cause arm'.
SARPONG 9 years ago
"exporting cheap poor rice from INDIA AND CHINA left," HUH?
You export to but you don't export from.
"monetization to redenominate"
WHAT IS THAT? ONLY IN KOLA'S TROKOSI UNIVERSITY YOU CAN MONETIZE TO REDENOMINATE
... read full comment
"exporting cheap poor rice from INDIA AND CHINA left," HUH?
You export to but you don't export from.
"monetization to redenominate"
WHAT IS THAT? ONLY IN KOLA'S TROKOSI UNIVERSITY YOU CAN MONETIZE TO REDENOMINATE
"detiorirated,"
DETERIORATE
"girs"
YOU CAN'T EVEN SPELL GIRLS?
kaf 9 years ago
has this guy got sense at all ? he doesn't feel the current crisis so that all he has to say.if the prez surrounds the presidency with guys like this ,how can he succeed ?total nonsense
has this guy got sense at all ? he doesn't feel the current crisis so that all he has to say.if the prez surrounds the presidency with guys like this ,how can he succeed ?total nonsense
Kofi Ata, Cambridge, UK 9 years ago
SARPONG, I just read from Graphic online that the Governor of Bank of Ghana has also asked banks to take advantage of the cedi depreciation to design financial products that would promote exports. He is also forgotten that Gh ... read full comment
SARPONG, I just read from Graphic online that the Governor of Bank of Ghana has also asked banks to take advantage of the cedi depreciation to design financial products that would promote exports. He is also forgotten that Ghana as commodity exporter cannot in real terms benefit from increased exports through her currency depreciation. This because demand for most primary products are inelastic and consumers dot buy more because it they have become cheap. For example, yam, fresh fruits (pineapple, pawpaw, mango) that are being exported to Europe are perishable and so even if they are cheap in Ghana as a result of a falling cedi, supermarkets will not import more from Ghana just because they have become cheap in Ghana. On the other hand, demand for manufactured goods is elastic because when they become cheap more could be purchased and stored for the future.
This shows the calibre of people who at the helm of affairs in Ghana and no doubt the economy is in a mess. They lack understanding of fundamental principles of Economics.
Kojo T 9 years ago
Iam at a loss as to sarpongs beef . When Busia devalued what were his arguments? Nana Akufo Addo wanted to turn the economy into Akufo Addo economy by what EXPORTS. Alan has recently talked about the same thing Export led rec ... read full comment
Iam at a loss as to sarpongs beef . When Busia devalued what were his arguments? Nana Akufo Addo wanted to turn the economy into Akufo Addo economy by what EXPORTS. Alan has recently talked about the same thing Export led recovery . We need to PRODUCE and if the cedi is weak Painful as it is , it should then spur us to start local industries that will be competitive . One of the reasons we buy Chinese is that , their goods are cheaper , now local goods can match them
Botha 9 years ago
Nobody is arguing about export not leading to recovery and that is not what Fiifi Kwetey said. He said the devaluation of the cedi is a blessing now. How can it be a blessing or he is thinking the devaluation is going to be l ... read full comment
Nobody is arguing about export not leading to recovery and that is not what Fiifi Kwetey said. He said the devaluation of the cedi is a blessing now. How can it be a blessing or he is thinking the devaluation is going to be long term like three years when we can build industries to produce those goods?
How can the depreciation of the cedi now be a blessing when we don't have those industries now you are talking about?
Do you understand what Kofi Atta and Sarpong are saying? Everybody knows exports will lead to earning more foreign currencies but we export inelastic or raw commodities that take long to grow or extract or have limits of what you can export.
Ghana does not export inelastic goods, cars, machinery, etc that when people demand more because of low cost you can crank up the assembly line to produce more to meed demand.
A good example is that, Ghana exported all the one million tones of cocoa it produced in 2013 so if demand goes up in 2013 because of low cost of cocoa, we cannot export more cocoa because we don't have cocoa bags in the silo neither can we just grow cocoa in six or three months to take advantage of the high demand.
Do you understand economical theory of this issue?
Boss 9 years ago
These kinds of talk make some of us very sick in the stomach. First it is not like the Cedi has been stabilized at 2 to 1 or 3 to 1. it is continuing to fall and government does not seem to know how to stop it from dropping l ... read full comment
These kinds of talk make some of us very sick in the stomach. First it is not like the Cedi has been stabilized at 2 to 1 or 3 to 1. it is continuing to fall and government does not seem to know how to stop it from dropping let alone stabilize it. Within a short time the Cedi has dropped over 300% and as Finance Minister you are telling the nation that it is good. I ask you a question, if you were in opposition, will you have come up and say that it is good. Listen Ghanaians are not fools.It is these same NDC gurus who are running in the villages telling people that during the NPP time when you get remittance of dollars you were not getting much in Cedi exchange but in their time if you get a hundred dollars you get over 300 hundred Ghana Cedis. Not all of us are illiterates. Be careful because the people you meet on your way climbing up the ladder are the same people you meet climbing down. God's time is the best for the suffering Ghanaians.
Don Santana 9 years ago
E!!!! -Fifi Kwetey will kill us with his Togolesr Patoa economics.
E!!!! -Fifi Kwetey will kill us with his Togolesr Patoa economics.
Theo 9 years ago
Londin boy, wo abon fokin.
Londin boy, wo abon fokin.
Garbby, Toronto 9 years ago
After you do your export won't you convert your dollars back into Cedis? And how much business would you be able to transact with a depreciated cedi? NDC folks should be mindful that at least not everyone in Ghana is illitera ... read full comment
After you do your export won't you convert your dollars back into Cedis? And how much business would you be able to transact with a depreciated cedi? NDC folks should be mindful that at least not everyone in Ghana is illiterate. Even if you wannna export now that the dollar is up against the Cedi the dynamics of doing so will always be up from labour, to energy, water, workers salaries, transportation etc. In other words, an employee that was payed Gh1 will now seek Gh3 or Gh4 because his/her salary cannot afford the convenience he/she desires.
Ebibiman 9 years ago
Lost country.
Lost country.
adumtumi nyansafuo 9 years ago
He is doing it with the kwaku dua who thinks that he's asantehene.
He is doing it with the kwaku dua who thinks that he's asantehene.
Tokyo 9 years ago
A very sick. Country. With a sick leadership. Very sad !!
A very sick. Country. With a sick leadership. Very sad !!
Awuye Daniel 9 years ago
Did the honorable minister think of the effects of depreciation of the cedi on inflation? I think he forgot so it is good to remind him.
Did the honorable minister think of the effects of depreciation of the cedi on inflation? I think he forgot so it is good to remind him.
KOLA ,LONDON PROPER 9 years ago
What do you mean by effect of depreciation of the cedi on inflation? What do you understand by Inflation,Awuye Daniel?
What do you mean by effect of depreciation of the cedi on inflation? What do you understand by Inflation,Awuye Daniel?
Cano 9 years ago
Are you begging him to teach you the effect of the devalued cedi on inflation or you are saying there is no correlation between a depreciated currency and inflation? Don't try to be slick here because it seems to me you don' ... read full comment
Are you begging him to teach you the effect of the devalued cedi on inflation or you are saying there is no correlation between a depreciated currency and inflation? Don't try to be slick here because it seems to me you don't even havea basic understanding of Economics or you would not be arguing about devaluation of a currency and depreciation of a currency because they mean the same practically.
Now back to the correlation between devalued currency and inflation,, what Mr Awuley is saying is that, a devalued currency has anegative effect in inflation which you don't seem to know or you would not have asked him what he knows about inflation. Do you even know what inflation is yoursrlf?
Realize that you are trying to sound like you understand Economics but even High school graduate can see that you lack basic knowledge of Economics.
Theo 9 years ago
Thanks Fiifi, wo abon fokin
Thanks Fiifi, wo abon fokin
King C. Asante-Yeboa 9 years ago
If true, then it only tells the extent to which some people will go for their interests, even to the detriment of society.
Such people are not fit for public positions.
If true, then it only tells the extent to which some people will go for their interests, even to the detriment of society.
Such people are not fit for public positions.
impromptus 9 years ago
They see everything from bloodletting perspective
They see everything from bloodletting perspective
impromptus 9 years ago
This guy is a contrarian
This guy is a contrarian
Arthur 9 years ago
Well said, it's so frustrating to know how daft the ndc administration is. Fingers crossed npp come to power the next round. To be honest, it's expected that every government is going to be corrupt, at least during Kuffour's ... read full comment
Well said, it's so frustrating to know how daft the ndc administration is. Fingers crossed npp come to power the next round. To be honest, it's expected that every government is going to be corrupt, at least during Kuffour's run, he made things work and there were noticeable improvements, striking business deals etc. how long has it been since a leader from another country has come to Ghana?
AKWELE 9 years ago
We are in a world where the rich gets richer and the poor gets poorer. How does this happen? The rich man pulls wool over the poor man's eyes so he cannot see clearly what is going on. We are in a sad state of affairs.
We are in a world where the rich gets richer and the poor gets poorer. How does this happen? The rich man pulls wool over the poor man's eyes so he cannot see clearly what is going on. We are in a sad state of affairs.
rich 9 years ago
Ndc are illiterates
Ndc are illiterates
Amish Gh man 9 years ago
Ndc government are bunch of idiots, how can u tell us the economy is booming, where we pay lots of money for imports duties and exports.
Ndc government are bunch of idiots, how can u tell us the economy is booming, where we pay lots of money for imports duties and exports.
PRINCE 9 years ago
You sound like a fool. Did you even read the article? Even reading the article would have told you that it was not Justice Sarpong that said the Economy is booming.
What is your understanding of;
Ghana's Economy Is Boom ... read full comment
You sound like a fool. Did you even read the article? Even reading the article would have told you that it was not Justice Sarpong that said the Economy is booming.
What is your understanding of;
Ghana's Economy Is Booming Due To The Cedi's Depreciation-NDC
THIS TELLS YOU THAT IT WAS NDC THAT SAID THE ECONOMY IS BOOMING.
hahahahah ,booming indeed ! Party of develish propaganders,NDC. Its true its booming that is why theres cement shortage and it high price ,that is why there is always an increase is tariff prices yet our Mahamma continues to ...
read full comment
This economic booming is unprecedented. I have not heard Ndc using that word lately, useless people born by mistakr.
we are tired of the reckless willfulness of these leaders from minority tribal groups who only come with corruption in their hearts and hatred of the values and potential of the majority.This govt due to their anti Akan agend ...
read full comment
Interesting times in our body politics. Anita Desoso blame the free fall of the cedi on some mysterious dwarfs while on a panel discussion at Adom FM some couple of weeks ago. Fiifi Kwetey says the free fall of the cedi is a ...
read full comment
Sarpong you are playing politics but I know you are NOT an Economist . Everything has two sides, the good and the bad . Busia devalued the Cedi in the 70s and we had the same argument . Then we asked why he shut down the Nkum ...
read full comment
I am not an Economist but you don't have to be to understand this basic economic lesson we even did in our "O" Levels Economics.
You just don't have a clue of what the issue here is and I will not waste my time on you. Jus ...
read full comment
The Bole Mahama has no clue. Did Mahama put it in NDC manifesto as policy for depreciation of the cedi??? This is ridiculous. It is only Mahama govt that has a policy of depreciation and target higher inflation. What a Mahama ...
read full comment
Stop using the phrase'devaluation of cedi' as no Government not even the thief, Kufuor did 'devaluation'.
I know you are still confused with depreciation and devaluation of a currency but You have to beg me to lecture you ...
read full comment
Hahahaha, did you know even Fifi Kwetey was using the term devaluation of cedi and depreciation of the cedi interchangeably? Do you know why, you illiterate fool? You can't even write one correct grammar in any of your comme ...
read full comment
Fiifi Kwertey, low level mind in high level position.
Sarpong is confusing you
The only person who sems to be confused is you. This is not brain surgery. The depreciation of the cedi now is a curse but not a blessing.
If the depreciation is good, tell us why the government is putting measures in to ...
read full comment
This is ridiculous! When in such a situation, just like when you in a situation of devaluation, only only nations that can take advantage and increase exports are the industrialized states. Predominantly agrarian societies ar ...
read full comment
Mr Doc . we are not talking cocoa but manufactured goods and non traditional exports . Other wise apart from criticizing come out and tell us how you wwill staibilize the Cedi and create a surplus Profit/loss = sales -cost If ...
read full comment
What manufactured goods and non traditional goods we can export now to take advantage of the depreciated cedi as Fiifi Kwetey is talking about? We are talking about now to about six months that will be advantageous.
Do you ...
read full comment
Now listen attentively and take this from me that you are a very big illiterate.
Devaluation NEVER occur naturally. If it is natural as you coconut can take, what natural means?
And with your elementary definitions, you ...
read full comment
"If it is natural as (you) coconut can take, what (?)(?)natural means"?
Now talking about verb confused which you hold a PhD in. Did you not write yesterday that,
KUFUOR IS HUNTED BY STEALING?
The above is what is kn ...
read full comment
You absolutely need help from Kola to better your English and Economics.
I think Kola is well educated as well as having sense of humor.
I take it you want to get ghost so you are assuming a new moniker. Now run, you smelly trokosi incestuous bastard. You don't even know the difference between export and import or else you wouldn't write;
We export from..
Is Real GDP a economic fundamental? What kind of Kobolos do we have as opposition in Ghana?
Fundamentals should be real policies underpinning the growth of GDP not the GDP itself.
Now first lesson for the Kobolos; Whe ...
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"exporting cheap poor rice from INDIA AND CHINA left," HUH?
You export to but you don't export from.
"monetization to redenominate"
WHAT IS THAT? ONLY IN KOLA'S TROKOSI UNIVERSITY YOU CAN MONETIZE TO REDENOMINATE
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has this guy got sense at all ? he doesn't feel the current crisis so that all he has to say.if the prez surrounds the presidency with guys like this ,how can he succeed ?total nonsense
SARPONG, I just read from Graphic online that the Governor of Bank of Ghana has also asked banks to take advantage of the cedi depreciation to design financial products that would promote exports. He is also forgotten that Gh ...
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Iam at a loss as to sarpongs beef . When Busia devalued what were his arguments? Nana Akufo Addo wanted to turn the economy into Akufo Addo economy by what EXPORTS. Alan has recently talked about the same thing Export led rec ...
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Nobody is arguing about export not leading to recovery and that is not what Fiifi Kwetey said. He said the devaluation of the cedi is a blessing now. How can it be a blessing or he is thinking the devaluation is going to be l ...
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These kinds of talk make some of us very sick in the stomach. First it is not like the Cedi has been stabilized at 2 to 1 or 3 to 1. it is continuing to fall and government does not seem to know how to stop it from dropping l ...
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E!!!! -Fifi Kwetey will kill us with his Togolesr Patoa economics.
Londin boy, wo abon fokin.
After you do your export won't you convert your dollars back into Cedis? And how much business would you be able to transact with a depreciated cedi? NDC folks should be mindful that at least not everyone in Ghana is illitera ...
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Lost country.
He is doing it with the kwaku dua who thinks that he's asantehene.
A very sick. Country. With a sick leadership. Very sad !!
Did the honorable minister think of the effects of depreciation of the cedi on inflation? I think he forgot so it is good to remind him.
What do you mean by effect of depreciation of the cedi on inflation? What do you understand by Inflation,Awuye Daniel?
Are you begging him to teach you the effect of the devalued cedi on inflation or you are saying there is no correlation between a depreciated currency and inflation? Don't try to be slick here because it seems to me you don' ...
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Thanks Fiifi, wo abon fokin
If true, then it only tells the extent to which some people will go for their interests, even to the detriment of society.
Such people are not fit for public positions.
They see everything from bloodletting perspective
This guy is a contrarian
Well said, it's so frustrating to know how daft the ndc administration is. Fingers crossed npp come to power the next round. To be honest, it's expected that every government is going to be corrupt, at least during Kuffour's ...
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We are in a world where the rich gets richer and the poor gets poorer. How does this happen? The rich man pulls wool over the poor man's eyes so he cannot see clearly what is going on. We are in a sad state of affairs.
Ndc are illiterates
Ndc government are bunch of idiots, how can u tell us the economy is booming, where we pay lots of money for imports duties and exports.
You sound like a fool. Did you even read the article? Even reading the article would have told you that it was not Justice Sarpong that said the Economy is booming.
What is your understanding of;
Ghana's Economy Is Boom ...
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