A rabid economy, a report shrouded in secrecy and an embattled EC: wahala dey! | Blunt Thoughts

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A rabid economy, a report shrouded in secrecy and an embattled EC: wahala dey! | Blunt Thoughts


A rabid economy, a report shrouded in secrecy and an embattled EC: wahala dey! | Blunt Thoughts (10-5-24)
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8 Comments

  1. Remember business leaders were paying $100,000 to sit close to the president.
    Now none will even sit close to him if it's the reverse. His super competent incompetence is now out of the closet.

  2. Ghanaian journalists talk too much. Instead of being impartial they're very partisan. They seem to be all knowing until you give them a government position, then you'll see their incompetence. Nii Lantei Vanderpuye of the NDC comes easily to mind!

  3. This is why I keep saying this Ben Akakpo is not smart and he’s very political in his analyses. He’s intellectually lazy and talks like he knows it all.

    He should first research and see how much taxes these companies are paying to the government. From what I gather a lot of these companies pay very little taxes and yet every quarter take from Ghana lots of foreign exchange causing the Cedi to drop in value.
    Secondly, if these companies are leaving because of the reasons given, are they relocating to other African countries with better economic environment? How are the parent companies in Europe doing? Does Ben actually believe these companies for the reasons given? Do these companies add any net value to Ghana?

    Finally, this is where a smart journalist would do further research to see if private Ghanaians can take over the operations of these companies. The government shouldn’t be asked to take over but provide incentives for the private sector to take over. Ghanaians running these companies wouldn’t take foreign currency out every quarter to cause damage to the economy.

    Multinationals leaving African countries is not limited to only Ghana. Many multinationals have left Nigeria including giant Microsoft that recently announced their departure. Multinationals leaving Ghana should be seen as opportunities not to be used politically. Ghanaians are capable and should be encouraged to take over these departing companies.

  4. Ghana is a crime scene, the people in charge didn't come to governed but to use the name of Ghana to borrow billions of dollars but nothing to show for it. The citizens are being forced to pay the debt through high taxes. The citizens are suffering in abject poverty and hopelessness but the politicians don't care, in their twisted minds they think they have legacy. Legacy of bankruptcy and massive corruption? Every aspect of this government is total failure, even building of cathedral for God failed after over $400 million squandered.