NairobiWalker: That's because Korea and New York have a higher cost of living than Kenya. But Ghana? What I can buy in Kenya with KES 1000 is no much different from what I can buy in Ghana with the same. In fact I think I can buy more in Accra considering statistically, Nairobi is a more expensive city than Accra.
Fun fact, Korea has a lower cost of living than Accra...
Ask your fellow Kenyans in Ghana and they'll tell you how valueless the kshs is.
POKUASI2: You're more than a fool with very questionable intellect. Why resort to emotional blackmail and went on a self redeeming epistle— writing when I only debunked your lies with established facts. You claimed "the gap between ghana and Nigeria when is comes to palm oil isn't huge and I countered your delusion with facts that went ahead to prove that you're not even Second after Nigeria as claimed. Stay on topic and defend whatever you post here.
Nigeria hasn't even dealt with it governance issues to even begin to deal with the mess of it educational sector yet you want to lament about another country that has largely solved it issues?
Not necessarily going to happen Since Ghana already have reverse gas flows from it western gas enclave to it eastern power generation enclave. There is also a regasification facility sitting in Tema being under utilized
Another medical specialty facility opens up in Ghana making Nano surgeries Nose, Ear, Throat, genitals, limbs transplant and etc Neurology Gene editing Robotic surgeries and all advanced medical innovation available
NairobiWalker: Then you have no business making fun of Kenya's or Nigeria's low exchange rate. If Kenya dropped 4 zeroes from the shilling, it would be the strongest currency in the world by exchange rate.
if it was that easy, you would have done it a long time ago. You think redenomination makes a currency strong ?
Redenomination does not change the value of a currency
POKUASI2: Ewu gambia. That is a March 2024 documentary by joynews giving credence to what some of us know and have witnessed first—hand. If in 2024 and 75 percent of the Ghanaian population don't have common toilet then it's a total shame. Continue wasting borrowed money to engage in unproductive PR when you can't even provide the basic things for your people.
gallivant: Why was it so massively denominated to begin with? Was it a political decision?
it was dominated in the thousands to make less notes in circulation. It was exceptionally valuable and people walked home at the end of a months work with just a single note as their monthly salary which could do a lot for them.
NairobiWalker: Didn't Ghana drop 3 zeros from the Cedi in 2007?
yes....to make accounting easier as the economy was about to expand massively. We had no business having our currency denominated in the thousands especially considering the fact that the currency was previously denominated in the tens before being changed to that by a political decision.
vankelvin: How is this News worthy? They want to reduce the energy supply to our neighboring countries and some people are happy? How will this solve the problem
vaxx: A good time to also reduce Benin republic supply too ...The 5,000 megawatt might not be enough in the next five years .
"Ghana 🇬🇭 has reduced power supply to Burkina Faso 🇧🇫, Ivory Coast 🇨🇮 and Togo 🇹🇬 to make up for local demand, according to Ghana Grid Company Limited" - GRIDCo
it won't be enough in the next 6 months... That is what we get for 8 years of not adding a single megawatt to generation capacity and using the propaganda of excess power.
Planned reserved margin plus peak demand took 4,328 Mw as at march 2023. Guess what it is in 2024¿ 4,600Mw and demand will exceed 5,000Mw by the end of this year as I predicted 2 years ago
Bare in mind that the MGR of most plants is usually 10 to 20% below capacity
GeneralDae2: Gwarinpa was actually laid out as a housing estate but grew to become the gigantic housing town it is today. But it was initially laid out as an estate and this is why it's still called an estate today.
"Gwarinpa was designed and built by the government of the late General Sani Abacha. The estate is believed to be the largest of its kind in Nigeria and the largest housing estate in West Africa at large". https://en.wikivoyage.org/wiki/Gwarinpa#:~:text=Gwarinpa%20was%20designed%20and%20built,in%20West%20Africa%20at%20large.
ProblemChild1: Gwarinpa as a whole is an single family housing estate. And it's the largest single housing estate in Africa. It has shopping malls, Hotels, Bars and Clups, Hospitals, Schools etc Bigger than that estate you posted, bigger than any estate you have in Ghana. You must be a joker.
always posting a dumb reply.... Gwarimpa is a place with various estates... This is like me saying East Legon or East Legon Hills is the biggest estate in Africa despite knowing that it is a place with different estate in it.
Anyway, Dansoman estate from the 70s is the biggest estate in Africa with 20,000 single family homes built during Ghana's military government era. 🤣