zhike: Do you understand the value of using a single currency, i doubt you do. Nigerian naira is dead, and it will only keep going down because is linked with Nigerian economy.
Common currency doesn't necessarily mean we should adopt Rand, stop dreaming.
zhike: My friend, if Africa could start using one currency and integrates economies, Africa will develop. Rand is already used in many SADC countries, it will be better if Nigeria could start using Rand. We will Avoid the situation where IMF downgrade our currency and economy.
Sure, but Rand will not be the currency we will adopt.
Shma: we're not competing, we're debating, so it depends on who will lay his/er facts clear. The one who will convince the other with either concrete evidence will win and that's where "verbal competition " comes from. We should actually not compete but incorporate and learn from each other. Nigeria should learn from Ghana on how the electricity grid coverage has been achieved in huge percentage the same way Ghana should learn some tech system in Nigeria. The long distance African relationship should also exist and that's why Ghanaian president don't have to lift Singapore city as Ghana vision 2050 when Nairobi is staring at her. Competition will actually create enemity and Inequality the way it has ravaged S. A. Backs are now competing against fellow blacks from other countries and everybody has seen the xenophobic fruits.
I guess that's your country's greatest achievement
rvp2018: Countries should facilitate companies and individuals to compete in market economy - they should compete on how they are facilitating that. Once a country start trying to intervene on capitalism like US is doing now against China - they have already lost it.
Country affairs should be run on socialism-communism - but private sector should be run on cut-throat capitalism. Gov jobs is to tax that private sector and make sure the losers have something to fall back on. They should be the robin hood.
But don't forget that every Country has its interest to protect, there is always a limit to everything.
Cooperation/partnership between countries have limits.
zhike: The reason why west African countries are not developing is because they are not united. They hate each other and compete with each other. Ghana is competing with Nigeria.
Same applies to east Africa, Kenya is competing with Tanzania.
You must learn from SADC countries, they are very united. Rand currency is used in all SADC currencies. Their economy is linked and depend on South African economy. Most SADC countries like Botswana, Namibia, Angola, Lesotho and Swaziland are well developed than all east and west Africa. The reason they are developed they accepted South Africa to control their economy.
Healthy competition is good.there is nothing wrong with that.
Which other Country in SADC do you think can compete with SA? Angola OR Zambia?
Thank your stars that Ghana, Nigeria,Kenya,Egypt, Morocco, Tanzania and Tunisia are not situated in your Region like you will know your smoothness level down there.
rvp2018: IMF don't really finance or sponsor project. They are like Central Bank of Ghana. They are the world Central Bank. World Bank is like commercial or development bank.
Now IMF get called when shit has hit the fan or just about to in Ghana's Treasury or Public finance.
They come with rescue or bailout package with tough conditionalities to get you out of the quagmire.
These conditionality's are almost the same - reduce budget deficit - cut public expenditure - cut social investment and spending - liberalize the economy - privatize the public sector - reduce public wages
You can call it's fiscal conservative policies to get you back on track - and spending again. These are common boilerplate policies that IMF applies everywhere there is a bailout.
Before IMF come with bailout - Ghana on it's own would probably have abandoned those projects unable to fund them anyway.
IMF will just come to fire civil servants and other unpopular decisions.
Far from what you are used to in your country, Abandoned projects in Ghana are as a result of Politics,
Whenever there is a change of Government, the new Government as a form of payback and sometimes trying to discredit the past Government, they decide to discontinue ongoing projects that where started by previous Government to score a point that the previous administration did nothing.
these abandoned projects are GoG sponsored projects and PPP sponsored projects.
Projects that have foreign sponsorship/funding always sees completion regardless of the delay tactics always being employed by the new Government.
Stop behaving like you know something about abandened projects in Ghana.
Kenyan IMF abandoned projects is not the yardstick for Ghana
rvp20182: We have been under IMF bailouts - for most of 90s - we were like Ghana. IMF first business when they come - with their bail out - their first business is to reduce gov expenditure - and that mean gov is immediately ordered to abandon project half way. Development budget is cut.Then they go for recurrent expenditure - freezing employment in public sector , salary cuts and even retrenchments. Then they go for privatization - selling of parastals that are spreading systemic risks or that are cash cow to raise finances.
Every IMF bailout is painful. It's bank receivership. They don't joke. You have had 16 painful IMF bailouts. It's traumatic.
Enough of your infantile lectures.
You claim Ghana's abandoned projects were as a result of IMF redrawing their funds, and I challenged you to mention just one project that was sponsored by IMF and was later abandoned?
If you can't provide any evidence to that then I suggest you keep quiet.
Why will any sane Government abandone IMF sponsored projects? Is it a free money?
rvp2018: Your limited vocabulary of insults and English is more annoying than the cheap insult. Man, you need to go back to school.
Anyway, it's takes about 1 month for concrete to heal/form...and I don't think Ghana has Chinese tech to build such in two months. Not even in one year.
Maybe you mean converting the hospital to "Infectious disease" unit.
vaxx: The Ghana Trade Fair Center redevelopment, a $2 billion project, has began. The project will turn the Centre into a modern trade exhibition site, including the development of a 12,000-seater trade convention centre, modern hotels, retail shops, among others.
You like ""Ghana the Black Star of Africa" page papa
Shma: have you seen any highrise or skyscrapers being posted by kenyan of late? Don't think his skyscraper opinion has changed all the narrative. Ghana is still a weeny country. Paper giants who can't show anything. At least my bro vanshit tries.
Torture2020: ONLY FOOLS THINK HIGH RISE BUILDINGS ARE A SIGN OF DEVELOPMENT Go to a country like Norway, which is considered one of the richest countries in the world. How many high rise buildings will you find in Norway?
those foolish kenyans posting those high rise buildings should also post photos from kiberiashit women are cooking stones to feed their starving children china is poised to take over kenya for debts the mudder fuggerz cant pay
https://www.youtube.com/watch?v=QQ15cXDStW4 Even in Africa, developed countries like Morocco Tunisia Botswana Cape Verde Seychelles etc do not have many high rise buildings