My people! Is Ghana really and truly finished? Or....is this just a hurdle? Article here: www.bloomberg.com/news/articles/2022-08-26/why-ghana-went-from-hero-to-zero-for-investors-quicktake

Because everyone is importing stuff that can be produced in the Country, hence the dependency on the dollar...

By far one of the best KZfaq channels in the "Back To Africa" category.

Dope video Nana, not finished but on the edge. But the smart will profit from these times

BUT THIS IS THE BEST TIME TO INVEST IN GHANA SINCE THE CEDI IS EXTREMELY LOW. LIKE BUYING LANDS AND BUILDING SOMETHING. ITS NOT GOOD FOR THE CITIZENS BUT FOR INVESTORS THIS IS THE BEST TIME!

Loving the intro! Unfortunately it will be tough times for the locals. However for the west wanting to invest, their pounds, dollars or euros will take them far.

Let's not give up on our continent.. leaders made bad decisions but we will learn from this and move forward.

Ghana is not finished. Every country in the world has high inflation and recession. The Ghana currency is not as bad as Nigeria. There are lots of media in Ghana floating negativity mainly politically. And yes some mistakes have been done in Ghana but Ghana is not finished. There are too much money going out and not a lot coming in. Ghana literally has free education and the question is how is Ghana paying for that. Also Ghana has sold too much of there resources to China. India, these are the bad investments some Ghana leaders have created. Example is Ghana's gold mines, there is China harbor in Ghana but you don't see Ghana harbor in China. MPs cars and clothing are paid for from loans and revenue Ghana acquires. Mind you the free education was not created by this current government. Ghana is rich in resources and that is their way of getting out of the mess. Stop import basic food from Europe and China. The problem is Ghana government is living above its means. And lastly there is really no real tax system in the country so no revenues are coming in. Ghana is to develop a fair system across the board. I can go on and on. Bad investments is the problem.

I so agree with you. The wrong people in government. Ones that need to be govern. Ego, materialistic people and tricksters. The people from the diaspora need to put their two cents in. Making our ancestors proud. Many may not be alive to see it but our spirit will tell it. Thanks for sharing.

GHANA IS NOT THE ONLY COUNTRY HAVING ECONOMIC PROBLEMS, EVEN BRITAIN AND OTHER WESTERN COUNTRIES ARE ALSO HAVING PROBLEMS. SO PEOPLE SHOULD CALM DOWN FOR GOD SAKE.

Sigh! As much as I am a strong and enthusiastic supporter of this government; full disclosure. It is maddening how they fell so easily in to this trap. Ghana is a target for the global white power structure. It is not the only one; ask Paul Kagame in Rwanda....he is another one. The difference is he has mastered how to play their chess game. The minute the Head of State mentioned 'Ghana Beyond Aid' and became one of the chief engineers for the AfCFTA; the African Central Bank; the African Development Bank building its balance sheet to a trillion dollars (BTW the AfDB will be reconstituted in to an independent African Central Bank) and other deeply transformational ideas that will fully emancipate the continent economically..........this country became a target. Everyone in the President's inner circle should have understood this implicitly and explicitly. Again ask the Chinese who have mastered how to play this game. The West does not tolerate pretenders to the throne; if you challenge their hegemony you better be prepared to put your money where your mouth is. We are in this predicament because of corruption and lethargy. Ghana does not need the IMF and should NEVER go the IMF for financing. Only idiots and rubes do that. But we wasted too much money, yes the President has coddled corruption within NPP ranks and so when global investors began to play hard ball, we did not have a big enough nest egg. Additionally some truly transformational ideas like Agyapa should have been passed immediately after COVID. The truth is and the facts are, Ghana MUST become a preferred investment destination for domestic, regional and international capital. Investors are not donors. You must produce and provide a demonstrable ROI otherwise the penalties are steep. As a country it is taking us TOOOOOOOO LONG to understand and master this simple fact. Look at Rwanda, Rwanda is an authoritarian police state but it is a country where EVERYBODY is pouring billions of dollars in INVESTMENT NOT AID. Warren Buffet's son who is building a $ 200 million university for advanced sustainable agriculture was asked about Paul Kagame's human rights record and he replied......."I don't give two shits about his human rights record; I give two shits about return on investment on my money." The West can't touch Paul Kagame and boy have they tried.................he tolerates zero corruption and zero dissent. Pick your poison.

Short and sweet and Informative love it plan to move to Ghana 🇬🇭 next month and it just seem l like everything expensive and the quality is not great at all

I thibk you said it right, Ghana is very finished 😭. But has so so much potential if we have the right leaders

Government overspending!!!! THAT'S IT!! Not necessarily on the people, but let me carry and go 🫣🫣

Ghana is not finished. Ghana never began.

What causes inflation are mainly three: PRODUCTION COST, DEMAND, AND FISCAL POLICY. I will suggest that if you are going to be talking about this issues then bring in an expect on such issues and talk about them and what affected Ghana. Am advising as an economist. Thank you

I usually don’t talk about politics but I would say this government is a huge disappointment. I don’t remember when the dollar was ever 10 cedi and above. I remember very well when the dollar was 1 cedi. I don’t know how we are going to survive in this country. This government is a huge disappointment.

Chia 10 Cedis to $1 Hmmmmm how about my 9ja which is 680 Naira to $1. It’s much better in Ghana woo. Thanks for sharing

​ @Nana Ashanti YOU ARE PRACTICING DEMOCRACY WHICH IS VERY NEW IN GHANA. JUST 50 0R 60YRS AND YOU WANT EVERYTHING THAT TOOK WESTERNERS OVER 240 T0 400YRS OF PRACTICES. I KNOW WE BOTH WANT GHANA TO DEVELOP AND I UNDERSTAND YOUR PAIN, REALISTICLLY, COVID AND LOCKDOWN WAS A BIG PROBLEM, UNDERSTAND THAT THE COUNTRY WASNT GENERATING MONEY AT THAT TIME. KINDLY ALSO INCLUDE THE PROBLEMS THAT HAS HAPPENED BETWEEN THE LAST 6YRS AS WELL SO THAT EVERYONE WILL BE HUMAN AND UNDERSTAND EXACTLY WHY GHANA IS SUFFERING. IF IS ONE SIDED, OH GHANA IS HARD BUT NOT INCLUDING WHAT HAS MADE IT HARD THEN I AM SORRY IT WOULDNT LOOK GOOD. RUSSIAN WAR WITH UKRAIN HAS DETERMINED THE PRICE OF FUEL GLOBALLY AND THIS HAS AFFECTED NOT ONLY GHANA. ANYTIME YOU ARE SPEAKING ON ISSUES KINDLY ACCESS BOTH CORNERS OF INFORMATION AND STAND IN THE MIDDLE FOR YOUR VIEWERS TO BE ABLE TO MAKE A CHOICE. PEACE

I saw that video, but I don’t think Ghana is finished! I’m moving to Ghana and I bought land beach front land and it’s beautiful! We all have to unit specially diaporas. US is finished, Babylon is falling and I live in the US and we are in trouble! Africa is better then the US! There is not going to be no more here dollars in the US! Africa are for Africans so it’s better then the US. I’m not saying Africa is perfect, it’s not, it’s better then DamErica like Goblack2Africa said!

investing in education is investing in the future maybe they can work on tax collection and firming up the tax system but investing in healthcare education is never a bad investment

All i see is opportunity in ghana rightnow being in the states.

Hi! Do you no french public school in Ghana ? please (nice vidéo informatif😉

Africa is on its way up BUT France and Europe want pay back because Ghana was talking trash last year. Dont give up on Africa or Ghana.

They saw this coming that's why they started to invite the people from the diaspora in to bring money into the country

Yes l am afraid it’s DOWN HILL🙃

I think your analysis is very harsh. Tell me which country in the world is not having economic problems. Tell me how many countries in the world continues to build infrastructures in the midst of the current global economic situations how many countries in Africa have free education. This government is handling the current global crisis very well. Please don’t compare my lovely country to Sri Lanka. And may God bless Sri Lanka. America has serious inflation right now. UK is as hard as rock. No where in the world is doing better. Ghana has put in place a lot of systems to tackle socioeconomic problems it will mature in the years to come. Please be informed before treating such topics. Else you will create unnecessary anxiety.

Bloomberg and US rating agencies should leave Ghana alone. What's your obsession with Ghana for? We do have several advanced economies in the world in the same shit as Ghana but you keep vilifying Ghana in the press when you hardly understand the local economy. Where did your writers study economics and international marketing? Ghana's formal economy is about 40 - 50% of its overall economy. The informal economy is larger, where ordinary businesses do not report any data or hardly keep records of costs. If one hardly ascertains accurate data, how can you report so harshly about an economy you don't understand with incomplete data? Very disgraceful. It appears you have allied yourself with the corrupt opposition groups for a common course. Has the government of Ghana defaulted on any of it's debt obligations?