Any attempt to destroy good business merely for political equalization dangerous for economy-Gyampo


An associate professor at the University of Ghana, Ransford Gyampo, has cautioned Ghanaians against the political equalisation meant to destroying businesses of political opponents.

The outspoken academic in a post on his official Facebook wall expressed worry at the attempt by some individuals to misinform customers of Databank about alleged claims that the bank was in financially crisis hence the need for them withdraw their savings.

The lecturer in his post said; ‘’ I urge Ghanaians to guard against such efforts and read into the disingenuous attempt to cause panic withdrawals from databank just to collapse it.’’

Professor Gyampo a political science lecturer believes ‘’Politics is about the healthy contest of ideas. Granted this, I ask: “ What is the NDC’s own assessment and understanding of the depreciation of our currency and what alternative proposals do they have to deal with the challenge?”

 

Read Below his full post:

Two things on my mind:
1. Any attempt to destroy good business merely for political equalization would create problems for the economy and the nation as a whole.

I urge Ghanaians to guard against such efforts and read into the disingenuous attempt to cause panic withdrawals from databank just to collapse it.

The politician saves outside Ghana and we must be mindful of this. They must not be allowed to push people to go withdraw their monies, keep them under their beds and illegally procure guns to protect their savings at night.

  1. Politics is about the healthy contest of ideas. Granted this, I ask: “ What is the NDC’s own assessment and understanding of the depreciation of our currency and what alternative proposals do they have to deal with the challenge?”

There can be no meaningful attempt at power capture by politicians, without giving hope to the people who are the ultimate repository of power.

This does not necessarily mean those seeking political power , must merely tell the people what they want to hear. The history of our Fourth Republic show that , one cannot merely run football commentary on the economy. If you do, the reality will expose you.

Every level 100 student of Political Institutions know that , the role of the opposition is not only to oppose, but to undertake research and proffer well thought through policy alternatives, in times like this. This is the only way they can make themselves credible power seekers.

I am therefore eager to read a thorough understanding and dissection of the currency challenge and proposals with respect to how the problem can be surmounted.

If they don’t know or do not understand what is going on, and therefore have no alternative ideas too, they should let us know, via their deafening silence.

Yaw Gyampo
A31, Prabiw.
PAV Ansah Street
Saltpond
&
Suro Nipa House
Kubease
Larteh-Akuapim

 

 

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