Audio By Carbonatix
Entrepreneur, Roland Akosah, says Ghana’s current economic structure is not fit for purpose.
According to him, the high depreciation of the cedi in the past months is merely evidence of the unbalanced and weak economic model the country has been saddled with since 1980.
He noted that while the fad for particularly developing countries in the 1980s was to implement a free market system, most countries like Ghana were not adequately prepared to match the demands of a free market economy.
“Our beloved country was open for business. We were goaded and helped along the way by our international development partners – with ample cash and effusive accolades. In time, every conceivable consumable good would be available on our markets,” he said on the third Joy Change Speakers Series.
Latest Stories
-
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
14 minutes -
Nearly 400 sentenced in Nigeria for links to militant Islamists
36 minutes -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
43 minutes -
Kwaku Azar writes: A-G vs OSP
1 hour -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
2 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
2 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
3 hours -
Barcelona dominate derby to extend La Liga lead
3 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
3 hours -
Importers and Exporters Association declares full support for Publican AI port system
3 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
3 hours -
Volleyball emerges as Ghana’s fastest rising sport
4 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours -
JoySports Exclusive: Steve McLaren in talks with GFA after expressing interest in Black Stars job
4 hours -
Fire guts auto parts warehouse at Bubuashie, one fire officer injured
4 hours