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Showing posts from January, 2023

Kobeah to Rescue NDC Members with "wo daakye nti" Policy

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Ernest Kwaku kobeah  NDC Presidential Candidate Hopeful Releases “Wo Daakye Nti” Manifesto For Party Members  The “Wo Daakye Nti ” which literally means “For The Sake of Your Future” manifesto which has been penned down by Ernest Kwaku Kobeah a Presidential Candidate Hopeful of the Opposition National Democratic Congress , is set to save the party members from financial difficulties and unforeseen opposition that might awaits the party in future. MR Ernest Kwaku Kobeah an astute NDC member in Weija Constituency said ‘Wo Daakye Nti’ manifesto is targeted to improve the life of the party from branch to National headquarters and also give an economic and financial muscle to the party. Speaking to this publication , MR Kwaku Kobeah stated that the manifesto talks about how the members of the party will be elevated from the challenges they go through ; Agriculture, Education, Employment, Health and among other social policies that have been designed to support the party members when the del...

NDC 2024: Who wins?

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Ernest Kwaku kobeah is a Ghanaian businessman who resides in UK.  Kojo Bonsu is a former Mayor of the Kumasi Metropolitan Assembly  Dr. Kwabena Duffour was the former governor of the Bank of Ghana and former Minister of Finance  John Dramani Mahama was the former president of Ghana 

Government Bondholders In Trouble

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The Ramifications/ Reality for some Ghanaians who have purchased GOG Bonds My Piece and highlights on the “ Debt Restructuring Program” Debt Restructuring is when debt is deferred for a period time. It was announced last year by the finance Minister in the 2023 budget about “ a debt Exchange Program”. The Finance Minister said to us that Treasury Bills are exempted and all holders will be paid the full value of their Investment on maturity. He also said that there will be no haircut on the Principal of Bonds, I totally disagree with him exemptions of the Treasury Bill. Individuals holders of bonds will be most affected , I assume this to be a “ Stephen Johnson Syndrome “ of economic lies. Before I proceed , is better communicators do understand some terminologies for broader - understanding; 1. Haircut: Is the difference between the current market value of an asset and the value ascribed to the asset for the purposes of calculating regulatory capital or loan collateral. The amount Of h...