I wish he listened to his advisor. I work in finance and Ghana’s rating/credit score is SELECTIVE DEFAULT. In October of 2021 it was a B-. The highest the country’s rating has been is a B+. Except for 4 securities issued by the country, all of the rest have been rated a D. It’s so bad that I was talking to a risk analyst from the UK looking at sovereign bonds once at work and he said; “let’s look at a country like God forbid Ghana.” It’s embarrassing. We need leaders that actually care!
Ghana is not a place to invest. When I wanted to bring a marine security project with a consortium in 2021 , the government official I spoke to wanted shares in the company and also demanding money for the interior minister, defence minister and the president before they approve. We pulled out.
Them all be thieves. whenever you want to bring a project to Ghana, the first thing they ask for is money and shares in whatever business you want to set up. and the wonder why the 1D1F is a total failure.
It's reached a point where we must take ACTION since obviously the pleas, complains and advice to those those old thieves are not working. This is BEYOND DISGUSTING AND DISGRACEFUL 🤮. Aba. Are they the only ones who know how to chop money
What kind of disgrace is this aaah 😢 Ghanaian youth have to get up if not this leaders will block all the opportunities we have…. This is sad and disgraceful aah😢
@@amegayiesylvester908 Chief Amega, I am an Akyem 100% actually but that doesn’t mean I support the failed government of AddoD, it’s about time we grow past this tribal divide and tackle these issues as one people that belongs to one Ghana.
@@gabrielagyemfra3590masa , who votes the leaders ? Is not the people themselves and I have seen the same corruption that the leaders do from children in the school and everywhere!
Ghana is just for enjoyment, as of investments, don’t even think about it, because the people you are trying to help are the ones cheering for the government at the market place
@@harunaissakasaeed9179 is sad, compare that to a country like Canada🇨🇦, their prime minister gets insults yelled at him everytime he’s in public and that’s the best country in the world
@@stylzk1830 and the most disgusting thing is those calling themselves graduates 🎓 who can read and write ✍️ supporting these nonsense The world 🌎 is moving forward but, it is changing and we are in technology era but this our leaders will still want to do things the old way and not even better
@DeLyricz_Gh, with the inflation in Nigeria, the prices of things in Ghana is way higher than in Nigeria. You still think Ghana has a better economy than Nigeria? Keep deceiving yourself.
Akuffo Addo animguaseɛ parts 1, 2 and 3 😝. The international community he's tried so hard to impress at the expense of local Ghanaians are finally seeing his true colours. Akwakora bɔne sei
We are broken and scattered as ppl by politics and religions in this world. Well for them to be rich they need to make they people broke and poor and that's the democracy in Africa
It's common here... that's what they do to the private business people, they'll let you front the business, but behind the scenes they give you 40% and take 60% God will judge you all
High risk ,high reward. That's how investment works. The likelihood the US will default on a bond is virtually 0, while the default on a bond issue by Gh is really high. I will say next time he should do due diligence and have a financial advisor review the terms. I'm sure the bonds were rated junk bonds sef
Good content, but I think there is supposed to be some education here. There is a difference between Eurobond and the Government bonds that the government issues (also called Sovereign or Government bonds). The coupon payment (which is the payment received in the form of interest) is not paid monthly. For Sovereign bonds, it is paid normally twice a year. For Eurobonds, it is generally one year, however exceptions can be made to be paid semi-annually, or quarterly (in very exceptional cases), but not each month. I think Michael Blankson needs some education on that. Also, I don't know if he's referring to Government bonds as Eurobonds. As I mentioned earlier, they are different, however I may think he purchased the Eurobond and not the Government bonds. Government bonds can have different interest rates that doesn't have to match the interest rates of Eurobonds necessarily. Also, before he makes such statements, he ought to check the bond prospectus (it is an official document that would provide you with every information concerning the bond, it's maturity date, the issue date, the coupon payments and its corresponding interest rate and so on). That bond prospectus would tell him how often he would get his coupon payments. By now, it's set at default which is yearly. Meaning, he would receive $10k every year, and not monthly. We should remember that interest rates are normally annualized.
He should sue de Ghana government to cough up de people who shared de money. If not, he can get a crate of eggs and at 12midnight he rain curses on these greedy fools who only knows to take take take. Their stomachs will swell and worms will live rent free in them🤬🤬🤬🤬🤬
He should have sought advice from Dr. Papa Kwesi Ndoum. lol Our leaders are just too wicked. Why would a village of over 100 people have to share water with animals in this country? So-called affordable houses are built with loan and are left empty while citizens whose taxes are being used to service the loan are denied the opportunity to stay in the houses for the past eight years.... SKANTY, if this is NOT WICKEDNESS, how do we call it?
We Ghanaians want to leave on our own motherland but these politicians are pushing us outside the country is soo sad to see our own people treating us this way 😔😢
And Ghanaian youth should learn from their peers. Kenyan youth have ground their government to dust for precisely the same exact reasons…..Kenya is more industrialized and has superior infrastructure than Ghana. Nobody is waiting for political or religious messiahs to save them there.
this no be bank matter. all those who invested in GoG bonds whether through an investment company or by themselves. suffered the haircut you can't blame the bank. it is the government that says they can't pay the money because the country is bankrupt
Firing squared must be reintroduced because these officials don’t really care. This story will just die. Imagine if Ghana can retrieve 60% of corrupted funds, how good will Ghana be! We have failed as a nation. Ghana used to be looked upon now we just beggars.
The government is wicked.i had money in my sporty account I tried withdrawing 5ghc and this people gave me 3.27ghc.hmm 5ghc nso they don’t give small money chance koraa.blackson next time if you get money invest in traveling take the youth one by one I swear we go pay you.this investment no tax.
Mike, I feel sorry for you. It is a very awful thing that has happened to you; I hope you now comprehend what Ghanaians endure on daily basis. The next time you speak, avoid a patronizing attitude. You insinuated sometime ago that Ghanaians were complainers, but today, you are preaching. I wish you all the best, tho.
Scanty dey give us back to back contents.
If u agree 👍
Going to church doesn’t make you “God fearing”
True
True talk …
I wish he listened to his advisor. I work in finance and Ghana’s rating/credit score is SELECTIVE DEFAULT. In October of 2021 it was a B-. The highest the country’s rating has been is a B+. Except for 4 securities issued by the country, all of the rest have been rated a D.
It’s so bad that I was talking to a risk analyst from the UK looking at sovereign bonds once at work and he said; “let’s look at a country like God forbid Ghana.” It’s embarrassing. We need leaders that actually care!
Michael Blackson has regretted for investing in Ghana.
One million dollars is no joke
Not just him but he is the only one that has had courage to speak up
@@Moneyboyz3082 yeah!!!
Scanty I love your shirt, you look great in it.🎉
Ghana is not a place to invest.
When I wanted to bring a marine security project with a consortium in 2021 , the government official I spoke to wanted shares in the company and also demanding money for the interior minister, defence minister and the president before they approve.
We pulled out.
Dats all
Them all be thieves. whenever you want to bring a project to Ghana, the first thing they ask for is money and shares in whatever business you want to set up. and the wonder why the 1D1F is a total failure.
God saved you my Guy
Waaa see…how can this country do well?
This your comment is just so similar to what happens in my country. I think there is something fundamentally wrong with African leadership.
blackson has every right to speak his mind and he should not apologise
It's reached a point where we must take ACTION since obviously the pleas, complains and advice to those those old thieves are not working. This is BEYOND DISGUSTING AND DISGRACEFUL 🤮. Aba. Are they the only ones who know how to chop money
Well spoken Scanty, it’s just sad that we all seem to be sitting ducks waiting to be destroyed
What kind of disgrace is this aaah 😢 Ghanaian youth have to get up if not this leaders will block all the opportunities we have…. This is sad and disgraceful aah😢
Youth no Dey here Ebi yuff!
Naa , the youth are just mouth, with all this we want jobs, if they give them jobs , u will see how lazy and destructive we are
I was in James town today come and see how these people are campaigning for npp its sad
There is a reason why Ghana is part of the lowest IQ states
But Ghana government koraaa whyyyy!!!😢
I wonder the sin Ghana as a nation has done to the Danquah family 😢. How can a president and his appointees be this wicked.
You didn’t have to drag Akyems into this..
@@MrrBlakk 🤣hmmm.... I agree with you anyway
@@MrrBlakk sorry about that part. I'll edit it.
@@MrrBlakkmasa masa
@@amegayiesylvester908 Chief Amega, I am an Akyem 100% actually but that doesn’t mean I support the failed government of AddoD, it’s about time we grow past this tribal divide and tackle these issues as one people that belongs to one Ghana.
We have scammers and fraudsters in power.
President wey promise God cathedral wey he scam am chop the money go do pool😂😂😂
Just imagine who is you Michael Blankson 😂
Oh brother say it again oo
God sef Dey scam am who are u human beings talk. 😊😊
Chale ibe sad oo. A whole leader of a country scam GOD. His creator. How much more we the citizens. May GOD have mercy on Ghana.
It breaks my heart that people still support NPP and NDC as they collapse our nation
Oh my guy hmmmm😢😢
I wonder 😢
Hmmm you go explain taya
Ebe lie😂 you be disappointed NPP guy 😅
Hmmm
Freedom after speech not guaranteed was said by Iddi Amin Dada. Well done scanty ❤
Ghana government is the representative of the people.
Period!
Currently, no
@@gabrielagyemfra3590masa , who votes the leaders ? Is not the people themselves and I have seen the same corruption that the leaders do from children in the school and everywhere!
This will go over peoples heads
Hmmmm
we have 4 ministers of finance.
2 deputies, 1 minister of state at the finance office and the actual minister. together, they are 4.
Complete madness.
Eiiii saaaa …
Really 😮.. and they are all chopping our taxes
There’s a difference between a “Church goer” and a “God fearing person” Eiiiii Scanty the youth president 😂😂😂💔💔
He has to come to Ghana and talk sense into there heads
My brother, only if that will even change anything. The way those heads think, I don't know, only God knows
They will say it is the opposition that brought him 😂😂😂😂
As for Ghana forward never backwards ever... What country at all is this...? I wonder where all those money goes and they will go and borrow again
They invest in other countries and save the rest 😂😂😂😂
Some one wants to help the masses too we won’t allow him…. This politician’s you won’t do it but you won’t also allow someone to do it
Its sad, greedy men in power
He should take it to world Court
There's nothing like that
There is ICJ but not for these purposes ! It’s mostly for broader international issues for several countries mostly in the UN
@@gabrielagyemfra3590 yk what I mean
Ghana is just for enjoyment, as of investments, don’t even think about it, because the people you are trying to help are the ones cheering for the government at the market place
Cheering for the wicked leaders, I don’t know how we got here
@@harunaissakasaeed9179 is sad, compare that to a country like Canada🇨🇦, their prime minister gets insults yelled at him everytime he’s in public and that’s the best country in the world
@@stylzk1830 and the most disgusting thing is those calling themselves graduates 🎓 who can read and write ✍️ supporting these nonsense
The world 🌎 is moving forward but, it is changing and we are in technology era but this our leaders will still want to do things the old way and not even better
@@stylzk1830 can you imagine in this modern era we still construct sa pite roads
@@harunaissakasaeed9179 wats a pite road?
This is also an advice to we the youth coming up. If this leaders are still in power know how to invest in this country.
Eiii😢 so Ghana government yyyyy
Anka if them dey fear God aaaa anka them build the cathedral finish koraaa😂😂😂
This country de3 we no take care a we go be worse pass Nigeria o, when it comes to economy🤦♂️
Who told you Ghana is not worse already, keep pretending to have things figured out
@@keche3996 Wonnte br)fo ong😂😂😂😂😂
@DeLyricz_Gh, with the inflation in Nigeria, the prices of things in Ghana is way higher than in Nigeria. You still think Ghana has a better economy than Nigeria? Keep deceiving yourself.
@sunnyyande378 Keep deceiving yourself too. Do your research before you come and disgrace yourself on the Internet.
@@DeLyricz_Gh Write in English if this is meant for me. Ghana keeps using Nigeria as a yardstick 😀
A country where we have people who will vote for goats and stones what do you expect. King Solomon is quite about all the nonsense going on
Akuffo Addo animguaseɛ parts 1, 2 and 3 😝. The international community he's tried so hard to impress at the expense of local Ghanaians are finally seeing his true colours. Akwakora bɔne sei
😂
Hopefully we select a GOD Fearing Person to do the write thing Scanty read em like 3times😂😢❤
We are broken and scattered as ppl by politics and religions in this world. Well for them to be rich they need to make they people broke and poor and that's the democracy in Africa
It's common here... that's what they do to the private business people, they'll let you front the business, but behind the scenes they give you 40% and take 60%
God will judge you all
Scanty singing blacko's second sermon while I was upset about the whole story got me laughing 😂
Building a church with government funds that could be better used for other projects doesn’t make you “god fearing”. Wake up
Ikr
Scanty, I heard you saying, " don't we fear God"??... SMH.
God sef, your president scam am, how more an individual 🤣🤣🤣
The hopefully and the God fearing leader part though 😂😂😂
JM all the way
High risk ,high reward. That's how investment works. The likelihood the US will default on a bond is virtually 0, while the default on a bond issue by Gh is really high. I will say next time he should do due diligence and have a financial advisor review the terms. I'm sure the bonds were rated junk bonds sef
This is the first time this is happening in gh.
You are blaming him that Ghana’s credibility has been reduced to junk?
@fackery8438 i doubt . I haven't been following the gh bond market, but I'm sure it's rated a BB or Ba or less, which are speculative investments
@@dateymintah9585 im saying the investment vehicle could be rated junk per rating agencies.
@@julukuspower7777 I have had bonds for close to twenty years
God sef we scammed him na Michael Blankson.😂😂😂😂😂The national cathedral we promise God sef is a swimming pool now😮😮😮
his money got covid , so them quarantine am😂😂
Ghana de3 asure say God remove his hands sef on us cos our leaders de vex am pass😅😅
😂😂
😂😂😂😂😂😂😂 bro u nailed me with ur comment ooh 😅😂😂
There is no cure for thievery and wickedness. Ghana doesnt have a management problem Scanty. We have thievery problem.
Good content, but I think there is supposed to be some education here. There is a difference between Eurobond and the Government bonds that the government issues (also called Sovereign or Government bonds). The coupon payment (which is the payment received in the form of interest) is not paid monthly. For Sovereign bonds, it is paid normally twice a year. For Eurobonds, it is generally one year, however exceptions can be made to be paid semi-annually, or quarterly (in very exceptional cases), but not each month. I think Michael Blankson needs some education on that.
Also, I don't know if he's referring to Government bonds as Eurobonds. As I mentioned earlier, they are different, however I may think he purchased the Eurobond and not the Government bonds. Government bonds can have different interest rates that doesn't have to match the interest rates of Eurobonds necessarily.
Also, before he makes such statements, he ought to check the bond prospectus (it is an official document that would provide you with every information concerning the bond, it's maturity date, the issue date, the coupon payments and its corresponding interest rate and so on). That bond prospectus would tell him how often he would get his coupon payments. By now, it's set at default which is yearly. Meaning, he would receive $10k every year, and not monthly. We should remember that interest rates are normally annualized.
In all he hasn't received his money. Even if it's annually for 2yrs no money come😂😂. But very good info
He should sue de Ghana government to cough up de people who shared de money. If not, he can get a crate of eggs and at 12midnight he rain curses on these greedy fools who only knows to take take take. Their stomachs will swell and worms will live rent free in them🤬🤬🤬🤬🤬
Our judicial system is corrupt
He should have sought advice from Dr. Papa Kwesi Ndoum. lol Our leaders are just too wicked. Why would a village of over 100 people have to share water with animals in this country? So-called affordable houses are built with loan and are left empty while citizens whose taxes are being used to service the loan are denied the opportunity to stay in the houses for the past eight years.... SKANTY, if this is NOT WICKEDNESS, how do we call it?
GOOD AT IDENTIFYING PROBLEMS, BAD AT SOLVING THEM.
Proverbs 13:11 NCV
Money that comes easily disappears quickly, but money that is gathered little by little will grow.
The backwards compatibility in Ghana is absurd
That formal president of Uganda, Idi Amin Dada who said you have the right to freedom of speech but i cannot guarantee freedom after speech
Very said to hear these things 🤧💔
Hmmm it’s pathetic 😞
Scanty is doing a great job 👏
How can the government blame covid when Ghana got $1billion dollars support for covid.
We Ghanaians want to leave on our own motherland but these politicians are pushing us outside the country is soo sad to see our own people treating us this way 😔😢
The foods can't have enough games..... Ei scantyyy😂😂
A God fearing person is different from a Church goer
Excellent expose! Glad young Ghanaians are waking up!!!
Ken wasn't sacked but promoted
😂😂😂😂
President wey scam God sef??National cathedral wey he promise Ghana sef cast 😂😂
I'm still watching this in 2025 herrr our leaders🤦🏻♂️💔💔💔
Masa, We use 58mil dollars to build swimming pool😂
Let's vote Nana Kwame Bediako (Cheddar)
Is Michael Blankson telling us that Akuffo Addo government pulled a Nam1 on him? 🤣🤣. This is justttt like the Nam1 saga.
Herh, Ghana😥
It's called free speech for a reason...... The outbid work our countri is that you can not have an opinion that questions transgressions
scanty is always skipping a word, replacing a word or adding a word to his readings 😂 aden wo y3 grammarly 😅
You have represented well
Give me the chance to silence NPP & NDC government
These politicians can never help us,so so lie lie I swear 😭😅
And Ghanaian youth should learn from their peers. Kenyan youth have ground their government to dust for precisely the same exact reasons…..Kenya is more industrialized and has superior infrastructure than Ghana. Nobody is waiting for political or religious messiahs to save them there.
He should specify the actual bank that he made that transactions, so that the public will be aware. Gh for SMH
He bought a government of Ghana issued bond. This means that he gave the money to the government, not a bank.
this no be bank matter. all those who invested in GoG bonds whether through an investment company or by themselves. suffered the haircut you can't blame the bank. it is the government that says they can't pay the money because the country is bankrupt
@@KofiGreat-hb3oithey're issued through banks
Scanty?, youth president paa for church, 3na hangout with some baddies🤣🤣
If our dream is about getting private and foreign investors to come develop the country what is the government doing abt it
Meanwhile a member of the government had $1M under her bed… funny world!
Where Sheldon dey arh? He travel or weytin?
I'm sad but Scanty wants me to laugh 😢😊😢
When the former chief Justice was denostrating 2 years ago most ppl thought it was a joke....
But wait oo after duping him they are threatening him on top of it. Eii
It is not easy ooo 😂😂😂
Frankly speaking, Mahama and the NDC government is far better than npp. VOTE 8
The government is Chosen. Who is Michael Blankson?😂😂😂😂😂😂
"Even gino truly cares but our leaders dont care'" Barrs
Scanty ain't gone gone"
Scanty be serious 😂😂😂what is bond3 😂😂
You mean olosho? 😮
Charley Scanty wossup 😂😂 you dey take the content choke us oo ei
Back to back to back to back 😂
It serves him well
But he said we should stop complaining or
He will learn it the hard way
This is very sad 😢😢😢 ahh-hhh our leaders
Play dey eni eye top 😂😂😂
Kwasia baako nie.
Is a his funny?
Firing squared must be reintroduced because these officials don’t really care. This story will just die. Imagine if Ghana can retrieve 60% of corrupted funds, how good will Ghana be! We have failed as a nation. Ghana used to be looked upon now we just beggars.
The government is wicked.i had money in my sporty account I tried withdrawing 5ghc and this people gave me 3.27ghc.hmm 5ghc nso they don’t give small money chance koraa.blackson next time if you get money invest in traveling take the youth one by one I swear we go pay you.this investment no tax.
One day one day when 😢
Wait o, shouldn't he be getting $100, 000 ? Because 10% of 1 mil is not 10k
the 10% is per year, not per month. so it's 100k per year
@@SteveN-yr4kf thank you Steve
@@SteveN-yr4kfOh okayy so 10k every month ?
Ghana cast
the title being 'They Are Threatening Michael Blackson After Speaking Up' 18 mins plus and no reference of the threat.
😂😂😂😂😂
Ibi Iddi Amin. Eno be Sankara nor Mugabe... Scanty dey fit cap 😂😂😂
Such things make i vex pass. Their time will come.
NPP will show you the hard way, don't play😂😂😂😂😂😂😂
All political parties are like that
@@gabrielagyemfra3590Africa political parties for your correction
Scanty holding it down in the absence of Dingo.
What about what’s he’s said so far is a lie?.They should allow him speak the truth
Mike, I feel sorry for you. It is a very awful thing that has happened to you; I hope you now comprehend what Ghanaians endure on daily basis. The next time you speak, avoid a patronizing attitude. You insinuated sometime ago that Ghanaians were complainers, but today, you are preaching. I wish you all the best, tho.
🤣🤣🤣 Scanty you ain’t serious at all. Chairman ay3 d3n?😂
But,he's telling the fact because doing business in Ghana as a citizen is hard