Hard talk Ghanaians are "lazy thinkers" and "bad executors" – Budu-Koomson

According to Captain who was speaking on the dollarization of the Ghana economy, Ghana has failed to rescue the depreciating cedi because there are so many “emotional babies” managing the economy.

  • Published:
  play Captain Budu-Koomson
24/7 Live - Subscribe to the Pulse Newsletter!

A former Chief Operations Officer of the UT Group, Captain Budu-Koomson has remarked that Ghana keeps having recurrent problems with the economy and other aspects of national life because Ghanaians are lazy thinkers and bad executors.

According to Captain who was speaking on the dollarization of the Ghana economy, Ghana has failed to rescue the depreciating cedi because there are so many “emotional babies” managing the economy.


“This dollarization, haven’t we heard certain governmental agencies...renting premises and quoting in dollars? It is leadership by example, let’s use common sense [in] Ghana, what is lacking is common sense and it is not meant as an insult”, he said on Morning Starr on Tuesday.

Adding, “We are lazy thinkers and bad executors, isn’t it cyclical...how many times haven’t we come out to say that the cedi is devaluing and we need people to come and help us and we go to the IMF but then the basics is that almost everything we consume we want to import, meanwhile we are not putting in any serious measures to improve production or the integration of technology into our processes. We are not doing the common sense things to mitigate the problems we are having...we are not impotent, we are lazy.”


The dollar last week hit four cedis at forex bureaus across the country after rallying between 3 cedis 80 and 3 cedi 90 peswes for some weeks now.

It started the month of May at 3 cedis 85 pesewas, hitting at least 4 cedis, 3 pesewas by the third week of May.
 

Recommended Articles

Recommended Videos





Top Articles

1 Mike Oquaye Ghana's Speaker of Parliament is a "big fool" - Sekou Nkrumahbullet
2 REGSEC Coordinator Attack Delta Force Leader apologises to Nana Addo...bullet
3 Cars for MDA's Prez Nana Addo halts purchase of new vehicles...bullet
4 COCOBOD Matters Hackman shocked over GHc 70,000 salary for COCOBOD CEObullet
5 Pension Pay 40 former MPs drag govt to court over pension paybullet
6 AMERI Power Plant NPP reveals more fishy deal on AMERIbullet
7 AMERI Power Plant Here is the full report on the $510m...bullet
8 Wrong Robbery Suspected armed robber electrocuted at Oyarifabullet
9 AMERI Power Plant NPP Committee report on AMERI power...bullet
10 Sad News Thunder kills prophetess at Assin Fosubullet

Top Videos

1 Ghana@60 Agya Koo embarrassed Ghana at Independence Day - Asiedu Nketiabullet
2 Video Metro Mass bus catches fire on Cape Coast-Kasoa highwaybullet
3 Prophecy I predicted Kintampo accident - Prophetbullet
4 Obinim What happen'd when we fact checked Obinim's Bible knowledgebullet
5 In Zimbabwe President Mugabe’s 70 year-old aide marries his...bullet
6 Meet Aisha the female mate who aspires to be a driverbullet
7 Health Alert Fufu is killing Africans - Mensah Otabilbullet
8 Meet "The Beast" President Obama's Cadillac that's more...bullet
9 Video Taxi driver terrified after an encounter with a ghostbullet
10 Obinim saga We had sex only once - Obinim victims confessbullet

News