Rich Ghanaian parents pay $18,000 a year at DPS International. $16,000 at Tema International School. Why?
Because their kids do the IB Diploma. SATs. Strong English. Strong essays. So they go straight to Harvard, MIT, Yale, Cornell on full scholarships.
Meanwhile, a brilliant kid in Kasoa, Tamale, or Ho is doing WASSCE thinking the best he can hope for is Legon or KNUST.
Same brain. Different information.
The rich kids aren’t smarter than you. They just had parents who knew the game.
Here’s the truth nobody tells you:
You don’t need DPS. You don’t need TIS. You don’t need rich parents.
I sold sachet water in Ghana. I went to Berea College on a full scholarship. Now I’m a software engineer in Dallas.
My friends from humble homes did it too. From WASSCE straight to top US universities. Full ride.
The system was hidden from us. Not from them.
https://t.co/pursEFinfC exists so the kid in the village has the same map as the kid in East Legon.
Share , like and repost for a fellow Ghanaian who needs this to see
Africans help build these nations with their sweat and sacrifices. Yet, when the foundation is strong and the glory is theirs, they raise walls to keep out the very hands that built it. https://t.co/EoBpe3MHEU
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It’s interesting how, for some, every impact (+/-) in Ghana’s economy is solely on external factors — from COVID-19 to the Russia-Ukraine war, and now global Trade War. Are we saying our own decisions and expertise play no role at all?" 🇬🇭🤔
GMA only strikes when it has to do with them. When it comes to us as a people, they don't care. Remember the galamsey issue? Most of the top doctors own private hospitals they refer you to. The other doctors do locum at private hospitals and are quick to refer you there.
Exciting news! SIC Insurance PLC has opened a new branch to serve you better.
Visit our Bohye Office, conveniently located close to Bohye DVLA, opposite Ghana Police Service Workshop.
When I met with the Insurance Brokers Association of Ghana (IBAG) at their office in Accra on Tuesday, I assured them that I'm pro-broker and I'm determined to collaborate with them for the mutual benefit of SIC Insurance Plc and insurance brokers.
@kwesigas@JoyNewsOnTV@Joy997FM Even if they are beaten and the person who contracted the people calls on the 'beaten' to come for lunch they will go and smile with the person whiles having lunch. Hunger o 😀
1. Watchers of Ghana politics must have heard complaints from the NDC (lead opposition party/incoming govt) side of the ongoing transition of political power concerning tens of millions of dollars being paid out to a vendor of the state-owned electricity utility at this late hour.
2. The NDC claims to have blocked this payment for now.
3. The episode would make some think that the task of lessening the effect of the fiscal bomb awaiting the NDC when it takes office in January 2025 would involve a lot of cloak & dagger and undercover moves to retrieve stashed loot under beds and in foreign tax havens.
4. Maybe there would be that. I don't know. Every incoming Ghanaian government makes these promises and then disappoints. What I know, without doubt, is that a lot of the fiscal trapdoors waiting for the new government are "hiding in plain sight".
5. Just one example: Agenda 111. The government used COVID-19 as a pretext to embark on a massive hospital and clinic building spree even though no budgetary provisions had been made for such in the medium-term expenditure framework.
6. The Health Ministry was not directly involved in strategy, so there are no plans on how to stock these "111" large hospitals/clinics, staff them, or provide for their maintenance. Nor is it clear from which department's budget these costs will be serviced.
7. Everything was done in the Chief of Staff's office within the Presidency. Favoured contractors were handpicked and blessed with the juicy multi-billion dollar opportunity. Two in particular: famed Ghanaian architect, Adjaye, and luxury estate developer, Buena Vista.
8. No one really knows how much the whole spread will cost. In 2021, $100 million was released to get things started and pay "mobilisation". Since then, reports say a further $300 million has been released to contractors.
9. None of the hospitals have been fully completed and certified as built to the requisite clinical standards. It is up to the next government to foot the bill. The pending liability has usually been estimated at $1.45 billion, and contractors are waiting for large disbursements to keep the work ongoing. Promises to complete by September this year were of course completely arbitrary and driven by nothing more than the electoral campaign calendar.
10. What is frightening is that the Ministry of Health has suddenly taken a look and now claims that about $7.5 billion is required. You heard that right. 250% more than the entire IMF package of $3bn, which required the painful DDEP to happen before Ghana could qualify. But even if it is the $2 billion some analysts assumed, it is still bigger than the energy sector arrears some fear might trigger a bigger round of dumsor. Yet, no one is talking about it.
11. Talking about the IMF, it is quite strange that whilst in a program that is supposed to constrain expenditure, the government was still allowed to spend this way. Bear in mind, also, that ~70% of the IMF money has already been disbursed to the current government. Apparently, for "good performance". Yet, most of the painful structural reforms have been left for the next government.
12. All the above is why analysts believe that the new government on assuming office may revise macroeconomic numbers like the fiscal deficit and true debt position for, at least, 2024 following a detailed audit. Thereafter, they are likely to hound the IMF for a revision to multiple program targets and even an augmentation of the financing package itself.