CEDI DEPRECIATES AGAINST THE DOLLAR NOTE?

Ghana News Agency  in an article reports that

"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 20^th 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!

HIS love & Truth Miniterie International

MISSION GHANA

Hotep (Peace) Light One Love!    
Apostle Rubie James

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South Africa to invest in Ghana's Oil Sector

The Ghana Web Reports that South Africa is to invest in Ghana's Oil

South African President Jacob Zuma has assured that his country will continue to increase business investment in Ghana including the oil sector.

He disclosed that between 2003 and 2013, South African Businesses have invested over 60 billion rand in the Ghanaian economy.

“We have also agreed to further promote our economic relations. A number of South African companies have invested in Ghana which are significant and amounted to more than 64 billion rand between 2003 and April 2013” President Zuma said.

President Zuma also added that “We [Ghana and South Africa] have also agreed to deepen preparations in the field of science and technology.

Meanwhile, Ghana and South Africa have signed bilateral agreement in the areas of trade, transport and energy which is expected to see both countries exchange expertise and resources in that area.

Per the energy arrangement South Africa is expected to assist Ghana enhance its energy generation capacity to meet the growing demands of industries.

Speaking at a Joint Press Conference with visiting Jacob Zuma, President Mahama said it is the hope of both countries that the MOUs signed will enhance intra trade activities between them. 

PAAHD™

 

My prayer and hope as well is that the MOU's will enhance intra trade activities between West & South without the dictatorial and denigrating even racist influence of some private investors groups whose CEO and other powerful corporations are  based in South Afrika.   

This very Group who reiterated that their agenda is to bring only from their group of: "business coalition that brings together ethically like-minded companies with the objective of tapping into their business experience in Africa"  and that they are "neither a charity nor an investment group"; when the very name Investors in Africa and their mission statement depicts otherwise. 

Are we to assume that their investments are considered charity? "All our projects in Africa are developed and executed by our members in collaboration with international organisations. Unfortunately, the PIA does not fund any external projects", writes a spokes woman for Private Investors in Africa. 

Those are loaded statements that we can only hope that the wisdom, experience and intellectual knowledge of both His Excellencies and the grace and favor of a mighty G-D will continue to reveal unto them both what is best for Afrika and Afrikans. 

I can only say that I have read that some Ghanians are very non-trusting of President Zuma and a few had not so nice words to say about the South Afrikan President. 

May G-D continue to have mercy, grace and favor on Afrika!

 

Apostle Rubie James

Shalom Blessings One Love! 

HIS Love & Truth