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
-
At least 30 feared dead in crush at Haitian tourist site
1 hour -
Four arrested over murder of Scottish businessman in Kenya
1 hour -
New Mainoo deal closer, says Man Utd boss Carrick
1 hour -
Sinner beats Alcaraz to return to world top spot
2 hours -
An inappropriate joke nearly ended his career. Now he’s back with more humour
2 hours -
GPL 2025/26: Dreams FC stage stunning comeback to hammer Eleven Wonders
3 hours -
Livestream: The Probe examines Kumasi’s looming water crisis
3 hours -
MTN Ghana gears up to lead Africa’s AI revolution
3 hours -
Philanthropist Alhaji FuZak donates Da’wah bus to Ambariya Sunni community
3 hours -
GUTA calls for suspension of Publican AI system over trade disruptions
3 hours -
TTAG raises alarm over proposed recruitment of 7,000 teachers, demands national posting roadmap
4 hours -
Civilians feared killed after reports of air strike on Nigerian market
4 hours -
Bishop Simon Kofi Appiah installed as new Jasikan Diocese Bishop
4 hours -
Trump’s Strait of Hormuz blockade threat raises risks and leaves predicaments unchanged
4 hours -
US Court backs extradition of former MASLOC CEO Sedina Tamakloe-Attionu to Ghana
4 hours