"the Bank of Ghana (BOG) said as of November 20, the Ghana cedi depreciated at a slower rate of 9% against the US Dollar, compared with 17.4 percent during the same period in 2012."
I would certainly like for the Bank of Ghana’ Governor Dr. Henry Kofi Wampah or the Minister of Finance or any Ghanian Government Leader to break the banking jargon down so that it can be understood in terms of Ghana’s economy and the effect on Ghanaians.
Seems to me that with the new oil exploration, in addition to the large corporations continual raping or is it investing of Ghanaians natural resources that the cedi should definitely have more value than a US Bank Note of which have declined in value in many other countries, not Ghana?Everyone knows that Gold is the highest medium of value all around the world! Foreign interest has been drilling gold for eons. Even to this day, think about how much gold is being mined in Ghana!
This leads me to another question: Why would Ghana let their precious valuable gold go outside the Country allowing an influx of worthless British printed paper called cedi?
Believe that Ghana can exist without foreign influences. They would have Afrikans believe that they are their saviors! Ghana gained its independence only to become enslaved again by foreign influences of control.
I read where one Ghanian said, in regards to the highest-ranking South Afrikan Government Official, “He is just a lap-dog” for racist foreign investors”.
Must Afrikans continue to sit still fighting among tribes still in this 20th Century versus uniting, putting your heads together to see how to lift yourselves out of poverty among all your riches? While Foreign rapist continue to take your power dishing out to you what they want, all the while thinking what Julie Bleeker of Private Investors in Africa (PIA) said, “We do not invest outside our companies…PIA works with ‘ethnically Like-minded’ companies”.
What exactly does “ethnically like-minded’ mean? It means that racist foreign interest have tied the apron strings around the neck of Ghanians as they continue to insist that Afrikans are too ignorant to handle their own affairs. Therefore, they continue to make billions while Ghanians do not have a toilet to spit in neither a window to spit out of!
OK, so what has this got to do with the cedi and the US dollar?
“With all of your getting get an understanding”
May G-D continue to have mercy on the leaders of Ghana! Bless the leaders and the people giving them grace and favor!
Apostle Rubie James
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