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Bawumia and Ghana economy
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Before the recent lecture on the economy of Ghana Dr Bawumia delivered, some people, including senior lecturers and professors, had expressed various views (positively and negatively) on the state of country’s economy.
Since the lecture given by the Vice President of the Republic, Dr. Mahamadu Bawumia, various opinions have been expressed on his presentation, some of them praising him for a good work done while others, as usual, saw nothing good about what he said or the issues discussed on that day.
PUBLIC REACTIONS
The reaction of the general public, however, showed that in spite of the difficulties the country faced, the Vice President and Head of Ghana’s economic team did well and dealt with all the relevant issues the country is facing.
He began by stating that he was going to deal with the state of the economy, pointing out that there were problems or difficulties but measures had been put in place to ensure that the economy of Ghana was cushioned soundly from collapse.
In talking about the state of the economy, Dr. Bawumia referred to the economic problems Ghana as a country faced prior to the swearing-in of President Akufo-Addo. He went on to explain that in spite of the difficulties, measures were in place to ensure reduction in inflation, elimination of a number of taxes, developing the economy along internally induced growth, among others.
ECONOMIC PROBLEMS
The economy of Ghana today faces a number of problems including rising prices of goods and services. The rising prices have come about because of the COVID-19 pandemic which has affected every part of the world. Indeed, goods cannot be easily transported from different parts of the world to other places where they are needed thereby bringing about shortages in some cases.
Generally, the supply of goods and services have been in short supply but even in situations where such goods and services are not in short supply, it can be seen that the cost of transportation alone has shot up tremendously.
COST PUSH AND DEMAMD PULL INFLATION
This high cost of transportation accounts for rising prices, that is, cost push inflation. In cost push inflation, rising prices of transportation when added to the prices of goods and services further push up prices.
Similarly, in situations where the supply of goods and services are less than expected or fall below general demand, what happens is that demand exceeds supply and pushes up prices. This comes under what is known as “demand pull inflation.”
Both demand pull and cost push inflation are responsible for the rising prices in the country. From this observation, one can say that the unfavourable economic situation in the country, in the form of rising prices, is not the making of the Akufo-Addo administration. The situation has come about because of factors beyond the reach of all Ghanaians.
All countries in the world are going through difficult economic times so this is the period for all analysts to be objective and fair in their discussion of issues in Ghana today. We should be very grateful that the economic management style of the government has not thrown things overboard but rather made it possible for the people of Ghana to go about their normal duties, even in the midst of some difficulties.
COVID-19 PANDEMIC
Until the world, including Ghana, was hit by the COVID-19 pandemic, things were moving on smoothly in Ghana. Inflation, which was initially at 15.4 per cent or thereabout was reduced to about seven per cent. Similarly, agricultural output also increased tremendously from negative levels to appreciable levels even though there was still room for improvement.
With the arrival of COVID-19,everything was thrown overboard and countries that did not have resilient economies fell onto great trouble and experienced food shortages. Fortunately, due to Ghana’s laudable programmes such as Planting for Food and Jobs (PFJs), the country became self-sufficient and even exported food items to neighbouring countries like Burkina Faso, Togo, Benin and Côte d’ivoire among other countries. Had it not been for this programme, things would’ve been worse than we see today.
We have food stuffs all over the country but there is room for improvement in the sense that we need to construct more roads to link up with communities that are producing food for the country. Without this, not much can be achieved in terms of food production. A network of good roads is, therefore, needed in all parts of the country to enhance agricultural production.
At the same time, we need to regulate the supply and export of our food stuffs to neighbouring countries so that Ghanaians will also not run out of food supplies. Fortunately, the Government of Ghana had realised this and banned the export of maize and soya to neighbouring countries until the situation improves in Ghana. It is equally important to note that the economic problems experienced in the world today have come about because of the conflict between Russia and Ukraine. Many finished products come from that part of the world. The products are fertilisers and other important products needed in the agricultural sector.
ADVERSE CONFLICT
The conflict has, therefore, contributed adversely to other parts of the world including Ghana.
We are happy that the economy of Ghana is able to support itself today and is far from collapse.
With the pandemic moving away, it is strongly believed that all the economic programmes and measures put in place would begin to yield results needed and make the economy a strong one. This means that there will be reduced inflation and more income can be generated from various sectors of the economy to finance its expenditure. Similarly, we can also reduce the rate of exchange with other foreign currencies to make the economy a strong one. Individuals should have confidence in the economy of Ghana and believe in what was presented by Dr. Bawumia
From all indications, the measures taken by Ghana are good and that is why the developed countries of the world have expressed confidence in the economy of Ghana.
DIGITALISATION
Digitalisation is good if for nothing at all, it helps to eradicate corruption and make it easy for goods and services to be accessed without difficulty. For this reason, digitisation coupled with the relevant economic policies will go a long way to enhance rapid growth in all parts of the country so that the ultimate result will be improved upon in the interest of everyone.
Ghana is a great nation so we all need to work hard and support the government to make it possible for economic activities to flourish and improve upon the welfare of everyone in this noble country.
Contact email/whatsApp address of author:
Pradmat2013@gmail.com (0553318911)
By Dr Kofi Amponsah-Bediako
The average modern Gold Coaster born and bred in Sikaman is an adventurous creature. Go to any part of the world and you’ll find Ghanaman diligently slugging it out either in the snow or in hot sweltering weather, earning a decent living.
Go to Guinea and see Ghanaman in the garb of a herbalist, curing the sick of various ailments. He makes the Guinean understand that not all diseases are caused by James Lucifer alias Jimmy Satan. On the contrary, most diseases are caused by kooko which can even attack the human nose and turn it upside down.
That kooko is also the cause of poverty and the internal bleeding of personal back-pocket economies. And that kooko can be cured using the chemistry underlying Sikaman herbal medicine which has been blessed by the gods of Larteh.
And before Ghanaman starts dispensing his herbal concoctions, he must attract the passing crowd with some Sıkaman-originated choreography, akin to a combination of adowa and agbadza, such that the dancer can easily dislocate a shoulder and start crying for his mother.
When the crowd is enough to form a quorum, Ghanaman must perform magic as a side-attraction, and proceed to sell his drugs. The drugs are genuinely made from potent herbs which the Pharmacy Board of Sikaman says it has no confidence in. Believe me, Ghanaian herbalists are practising in neighbouring countries like Guinea, Cote d’Ivoire, Sierra Leone and Benin, while we are discouraging them from practising in Sikaman.
Go to Las Palmas and see Ghanaman as a fisherman. He sails on Korean-owned boats and is forced to eat garlic and raw tuna for radiant health. The garlic is also supposed to protect him against witches. But sometimes, he is not good bedfellows with some Korean crew members, and once in a while a fight breaks out.
The typical Korean is a Kung Fu expert and before displaying a golden dragon data. He must first terrify Ghanaman with a Korean dance which consists of wild arms and leg throwing. But Ghanaman is usually not daunted. Why has he been eating cancer kenkey all years without developing cancer? It mean is a superhuman capable of countering Kun fu side-kicks to the ribs.
Anyhow Ghanaman’s most potent arsenal lies in his fists. If he is a southpaw, it mean left fist is probably insured and can cause damage. When Ghanaman lands a cassava blow and it lands on a Korean chest, it has the effect of a cruise missile. If there is no ceasefire a funeral cannot be ruled out.
Greenland
Go to Alaska and find Ghanaman there. Greenland, Iceland, Brazil, Argentina, Madagascar, everywhere and you’ll find him. He has become an international citizen and is generally lauded for his hardwork, sincerity and honesty.
However, some bad nuts are also condemned and despised.
The world and all its parts and corners are for the human race, and anyone can choose to live anywhere and earn a decent living so long as he doesn’t misconduct himself or become a social misfit and a law unto himself.
Sıkaman for instance accepts foreigners, and we are so liberal that people just come in through our borders and we welcome them with the best palmwine in town and goat light soup. Who cares about passports and visas? Our hospitality is, as it were legendary.
So we have Liberians, Nigerians, Sierra Leoneans, Togolese, Europeans, Americans, Scandinavians and Koreans in Sikaman. And some of them have misinterpreted our overzealous accommodation to mean “foolishness” and are misconducting themselves.
The newspapers carry stories of some unscrupulous Nigerians stealing, defrauding and collaborating with their Sikaman counterparts to rob people. You’ll find some good and law-abiding Liberians around but some other Liberians are in the business of fraud, robbery, money printing, money doubling, anything criminal.
Ghanaian hospitality can no longer be extended to such people. I do not think Ghanaians will be treated kindly either, when they misbehave anywhere in the world. Those who come from outside with the intention of bringing down their evil deeds and to practise them here professionally must be getting ready because Ghanaians are getting fed up with the menace.
These days, you’ll find strange people following you as soon as you emerge from a bank. If you are not careful, they’ll wrestle your briefcase from you and speed away in a waiting taxi.
Someone was just saying that many foreign criminals are flocking to Ghana because in their countries, they are enable to operate either because they are being looked for by the police for offences committed or fear instant justice at the hands of mobs. Ghanaians, it is said, are humanitarian in dealing with criminals.
Well, in some African countries, a thief who is being chased runs directly to the police station in his own interest and begs the officer at the counter to lock him up. Otherwise he’ll be lynched or be burnt to death. In Ghana, it is the opposite. The thieves run far away from the cop stations.
The criminals must reform and stay peacefully in Sikaman or quit. No court case!
This article was first published on Saturday September 5, 1998
The human condition is defined by two absolute, biological bookends: the commencement of complex cellular animation and its ultimate, irreversible cessation.
For centuries, medicine treated life and death as strictly separate states. Today, modern pathology and molecular biology reveal a more profound truth: the mechanisms that allow us to live are the exact same mechanisms that dictate how we die.
Understanding this relationship is no longer just a philosophical pursuit. It is a clinical necessity for managing public health in the 21st century.
Part I: How we live – The mechanics of animation
At its core, biological life is a continuous, high-stakes battle against entropy (the natural tendency of systems to degrade into disorder). To maintain form, consciousness, and function, the human body relies on three fundamental pillars:
1. Cellular respiration and energy production
Every second of human life is powered by the conversion of oxygen and glucose into Adenosine Triphosphate (ATP), the universal energy currency of our cells. This process occurs within the mitochondria.
Without a constant supply of ATP, the microscopic pumps that maintain electrical gradients across our cell membranes fail, causing cellular collapse within minutes.
2. Homeostasis: The balancing act
To survive, the internal environment of the body must remain incredibly stable, regardless of external chaos. This balancing act, known as homeostasis, regulates:
Blood pH: Strictly maintained between 7.35 and 7.45.
Core Temperature: Ideally kept around 37°C (98.6°F).
Electrolyte Balance: Precise ratios of sodium, potassium, and calcium that allow nerves to fire and muscles to contract.
3. The Autonomic Nervous System (ANS)
The ANS acts as the invisible conductor of life, split into two complementary branches:
Part II: How we die – The path of cessation
Death is rarely a singular event; it is a progressive biological cascade. Whether caused by old age, chronic illness, or sudden trauma, the final pathways of mortality generally follow a predictable trajectory.
1. The cellular horizon: Senescence and Apoptosis
Every time a human cell divides, the protective caps at the ends of its chromosomes-telomeres-shorten. Eventually, telomeres become so depleted that the cell can no longer divide safely. It enters senescence (a state of permanent arrest) or triggers apoptosis (programmed cell death). This gradual, systemic loss of cellular renewal is the underlying engine of aging.
2. The clinical cascade of somatic death
When the body can no longer maintain homeostasis, somatic death (the death of the organism as a whole) begins. This occurs in a distinct sequence:
1
Clinical Death
Zero to four minutes
The heart stops pumping blood, and respiration ceases. While breathing and circulation have ended, the body’s tissues still contain residual oxygen and cellular energy reserves. At this stage, resuscitation is often still possible.
2
Brain Death (Infarction)
Four to six minutes
Deprived of fresh oxygenated blood, the brain’s highly sensitive neurons begin to starve. Lacking ATP, the brain cells lose their electrical charge, swell, and begin to burst. Permanent, irreversible neurological damage occurs within minutes.
3
Biological Death
Hours to days
The organs fail entirely. Without central control or blood flow, individual cells throughout the body consume their final energy reserves. Enzymes that once aided digestion begin to break down the body’s own tissues from the inside out, a process known as autolysis.
Part III: The modern collision of life and death
In the modern era, the boundary between how we live and how we die has blurred. Historically, humanity died primarily from infectious diseases and acute trauma. Today, global mortality is dominated by non-communicable, chronic lifestyle diseases.
Modern Pathology: How we live (the cause) how we die (the result)
Cardiovascular disease, chronic stress, poor diet, and lack of sleep keep the sympathetic nervous system hyper-activated, damaging blood vessels .Occlusion of coronary arteries leads to myocardial infarction (heart attack) or ischemic stroke.
Metabolic syndrome over nutrition and physical inactivity overwhelm cellular mitochondria, leading to systemic insulin resistance. Multi-organ failure, chronic kidney disease, and severe vascular complications.
Neurodegenerative Disorders Chronic systemic inflammation and sleep deprivation prevent the brain from clearing metabolic waste. Gradual loss of synaptic connections, leading to dementia and the eventual loss of basic autonomic functions.
Conclusion: The unified theory of health
Ultimately, how we live directly shapes the path of how we die. The micro-choices of daily existence-how we manage emotional stress, the quality of our rest, our communal connections, and our nutrition-either preserve the integrity of our homeostatic systems or accelerate their decline.
True medical advancement is shifting away from merely extending the final, frail stages of biological death. Instead, the focus is turning toward optimising our living years-ensuring that the intricate, beautiful machinery of human animation runs smoothly until its natural, quiet conclusion.
By Robert Ekow Grimmond-Thompson
