Major Problems from Cedi Appreciating & Why things are still Expensive

[@princemanu979]

The Cedi appreciation hasn't reflected on the good and services, no matter what the government tried, our people will still make things expensive on the consumers.

[@ericnana4976]

Unfortunately, yes, and I don't understand it. One may think that it is fair to increase stuff when things go up and also to decrease stuff when things go down. But our people say no 🤔🤔

[@princemanu979]

@@ericnana4976 If there is a mechanism that control prices in our system, I think prices will be stabilize, but in this case, literally, we live in an animal farm where the bigger animal cheat the minors.

[@ericnana4976]

@Prince Manu oh my goodness, you said it all. Our system must change to help the vulnerabilities. Great comments, Mr. Manu 👌👌👌

[@isaacKofiNortey]

To my point of view, when dollar rises, immediately prices have to rise because they will need more cedis in their next supply to match with the new dollar rate. Now when dollar decreases, sellers have to still keep the prices of goods at the same level because they ordered that with the old higher dollar rate. But in their next order, they have to reduce the price because they ordered that supply with the new low dollar rate. So to me, I think prices have to go down but not just the moment dollar goes down, but sometime after dollar goes down

[@ericnana4976]

@Isaac Nortey thanks Isaac. I am keeping my fingers crossed 🤞 🔀 for now. I hope they will!

[@alexkoomson2704]

You are right bro..., those of us sending money to our families in Ghana is problem for us

[@greatone-gigg5164]

Minister for Trade needs to ensure all sectors in the districts and regional levels should ensure a fair pricing of all goods

[@giftylarbi1347]

The government has done his part. It's up to the citizens to change their mindset

[@greatone-gigg5164]

@giftylarbi1347 Well understood but I think the government did a part of it because the people we all know are selfish but blames government for it all. When fuel prices go up they increase the prices of goods without a second tik, but when fuel prices goes down, prices of goods stays up there and this is not news which I think every Ghanaian knows about this. So it would have been good that government at the ministry of trade should take this up because it all falls under their sector. They're can regulate prices of goods but they're not doing that

[@Spotty_black]

They’re scared to because of votes

[@kobbydex]

If Government doesn't interfere in the prices of goods and services then we are doomed cos Some Ghanaians are wicked

[@mikelantern148]

@@kobbydexand how exactly is the government going to interfere in the private sector??? Tell the government to reduce the prices at the ports. That’s one of many ways to help reduce the costs.

[@greatone-gigg5164]

I think the system with the cesi and dollar has improved but the government needs to always ensure goods are sold at a reduced price since the currency has improved if not, the currency will be good but the greedy citizens who are into selling of goods will maintain high prices and the currency improvement will mean nothing the ordinary citizens

[@kwasikumi8614]

Brother very aproud of you from Palermo 👍👍

[@adamuemmanuel591]

Bra Francis, pls since you are in Ghana kindly make a video about Newdormaa Kotokrom road🙏🏾

[@isaacgbornor3934]

Have a happy Christmas Magraheb and Maa Efia

[@kaaydan231]

The way he ran to the top of the sand got me 😂😂

[@edwardkwakye7763]

🤣🤣🤣

[@CyberReviews]

Your camera man is doing well oooo. 😂😂😂😂😂. You run and climbed the sand and he had to run and follow you. 😂 Give Stevo an award!

[@anokye83]

Some people were quick to increase the prices of their old stocks and sold for abnormal profits, I know most people are not happy the Cedi is now performing and will do everything possible to render it useless. Politics is also playing it's part in it

[@benbo7042]

Who told you that the Cedi is performing well. Go the Bank of Ghana to buy the dollar and see if they have any dollar to sell to you.

[@anokye83]

@@benbo7042 the fact that they restricted you from hoarding the dollar doesn't mean unavailability, the want to control it's circulation in the system. Sorry for the disappointment

[@benhenneh5101]

That's Ghana for you, we have stubborn citizens rough.

[@humblelion.9210]

Nice one big up to K. Shaft 99. Bars legend

[@isaacKofiNortey]

To my point of view, when dollar rises, immediately prices have to rise because they will need more cedis in their next supply to match with the new dollar rate. Now when dollar decreases, sellers have to still keep the prices of goods at the same level because they ordered that with the old higher dollar rate. But in their next order, they have to reduce the price because they ordered that supply with the new low dollar rate. So to me, I think prices have to go down but not just the moment dollar goes down, but sometime after dollar goes down

[@nanaabena1882]

The thing is most of these sellers had old stocks yet increased them when the dollar was high so what's preventing them from decreasing them now that the dollar has come down hmm.They will be same people to complain that people are not buying

[@yitsous2]

What happens to the old stocks which were sold at the higher cost?

[@isaacKofiNortey]

@Yitso Pixels Yes, remember they buy on a regular basis. So they will use that old stock high price money to import new goods with the higher dollar rate. So they will reduce price, when that stock they bought with higher price gets finish They won't allow to loose money

[@yitsous2]

@@isaacKofiNortey I get you, but it's still a cheat

[@ohemaaflorence]

We are coming home ooo

[@agyeimaxwell.]

Keep up the good work 🤜

[@collins9383]

Vice President Bawumia saved the Ghana cedi in spectacular fashion by the announcement of the Gold for Oil exchange. Gold is king and Ghana is blessed with it.

[@tropicalforestrains]

Great video

[@fayceoffchannel2213]

So what about here, in the USA, fuel prices have decrease but still prices of goods and services, are high what about that?

[@adammbunsadik5213]

We have a long way to go as Ghana

[@obaapamansura9179]

I thought you were going to say the house is for you, you prank me 🤣🤣

[@frankolifetv8287]

Masa say the Truth na Dan y3 wo dia 😀😀😀

[@Emmanuel_AddoAddo_Forson]

He thinks they will kill him if he says the truth

[@rophekalive]

we are first here today 😂

[@cityflex4066]

Welcome home

[@dabuophillip8432]

Nice video

[@AsareAnointing7020]

Hmm Ghana 🍏🍏🇬🇭

[@rebeccatetteh3805]

POV: you thought the house was for Magraheb😂😂😂😂😂

[@emmanuelowen5355]

Things are still expensive because the country lacks regulations. We need a regulatory board to enforce the market price and services.

[@sisadwoanhyira9080]

First here today

[@0tismadaline]

Is like meny3 guy guy for me 🤗😂😂😂😂😂😂hopefully prices of items go down too by next year

[@afiabiney9938]

Herrh maghraheb you are filming on my land in kaniago, chiraa . I’ve still got lands available for sale if you are interested and also in Kotokrom

[@afiamercy5691]

Let weting for nest year we will see

[@Mcdorni1]

Herh Today the exchange rate is buying at 9.5 per dollar oo

[@multyz1]

Complaining when the cedi was up, still complaining when it's going down. Ghanaians don't even know what they want.

[@jamesdacosta9890]

Magraheb u no get size wati😂😂😂

[@kennethodenke2673]

❤️💪

[@ama_antredu]

When things increase, will this same market women say that. Smh

[@samuelboakye6190]

It doesn't make sense. We are our own problem. When the cedi depreciated, the prices of the old goods in various shops were increased which is understandable, so why can't you reduce the prices if the cedi has appreciated

[@alizamacarthy6491]

When you have a thriving business, come back here and let's see then if you will still talk nonsense without thinking.

[@samuelboakye6190]

@@alizamacarthy6491 see you U don't understand how business work. Ghanaians just want more profit from fellow poor citizens

[@KUSHKHID_TV]

@@alizamacarthy6491 must you insult??? Ahhhhh a lady??

[@samuelboakye6190]

@@KUSHKHID_TV hahaha. Help her with some online etiquette

[@audreykodom3136]

🤔Ghanaians are hypocrites, including this Magraheb. This Magraheb made videos attacking the government for the cedi depreciation but now again attacking the government for the appreciation of the cedis within short time.

[@josejoe2531]

Wudisayaaa nawabodam! Woninam nagyimiii saa

[@emmanuelnkrumahkordie3989]

From January 15th going, people will import new commodities and their prices will come down So it will force everyone to reduce their commodities. Because everybody will buy the cheap ones

[@imagogetter]

Afari mintaa,😀😀😀

[@kobyyA]

I was very fortunate to exchange $50,000 @ USD 1= Ghc14 (Ghc 700k) in November when I was in Gh. I’m gone. I’m pretty sure it shut up again just that it’ll take time.

[@leticiafrimpongmaa6834]

Even now common salt is one cedi.

[@duncanandrew1847]

You’re being selfish here. Your frustration is that the cedi has appreciated, like for real? I’m very disappointed you made this video. I’m also living outside Ghana, I send money home too. But the fact that the value of my money has depreciated against the cedi does not mean I’m not happy. If the Ghanaian people are happy it’s far better than we the very small people living outside the country being happy. You don’t expect the cost of things to go down right after the currency appreciates. It takes time. What we can only pray for is that, the appreciation becomes consistent so that it will affect prices within a short time. If you have better reasons for your frustration, explain it clearly.

[@larabachamelion]

You've totally missed the point

[@Maame2]

Hmmm Ghanaians. When the dollar rose artificially within 2 weeks nobody came out to say it will be short lived but when it got back to its initial value you're all crying it will be short lived. Let me educate you. Even if it will rise again, it would never move the way it did within those 2 weeks. MY QUESTION IS. DO WE KNOW WHAT WE EVEN WANT AS A PEOPLE? WOW!! I HAVE NEVER ENCOUNTERED SUCH HUMAN BEINGS.!!! EIIII!

[@addimichael2576]

Borga is back

[@nurudeenali4946]

😂😂😂😂😂😂😂😂

[@somayagogo6073]

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@paulowusu7325]

Bro lets give thanks to God first. You no one step at a time . Rolling a country, is not like sitting on the U tube.

[@obengsimon4874]

In three months time everything will surely come down

[@BigUpdatetv]

npp is the wahala of this country. to whom it may concern.

[@emmanuelosei5767]

You Burgers don't know the people you are dealing with. They intentionally want to buy the dollar cheaper and sell after Christmas very expensive . You guys would buy the dollar at 20 after Christmas. Nothing has happened to you people yet?

[@verafii9804]

Haha 😂😂

[@amafrimpong9598]

True paaa

[@giftylarbi1347]

@@amafrimpong9598 it's not true

[@achiaaobeng100]

Shame on u

[@newtalenttv1245]

Bonabo

[@albertnyarkor5563]

Magraheb have meet Capito yet?

[@slimfbiggyansah4295]

Concert nkoaa, you are buy dollar at 8 cedi and selling dollar at 14.6 cedi n you say you have solved the problem, it's a ticking time bomb hold on to your dollars. Addo D is concert

[@giftylarbi1347]

Enemy of progress. Then you have a long way to go.

[@slimfbiggyansah4295]

@@giftylarbi1347 me momu, ene mu ne wei! Sit there n listen to the lies they tell you.

[@giftylarbi1347]

@@slimfbiggyansah4295 it's real. It's not in the green book

[@MrHerofred]

Bro take good care of your belly

[@k-k-karrotcakeyouhavenorea2249]

Its confusing when you speak two languages at the same time. Can you either speak complete English or Twi.

[@solomonamoah-kusi8488]

Magraheb,it won’t be short lived, what’s the point,should the dollar continue to rise ? When there was a rise they increased their prices immediately,if you want to sell all your goods and get new ones before you reduce it,then that means you’re halting your business and won’t continue again….if you’re still in business then you must reduce it at least a bit,such heartless business people and they will still blame the government for everything,when the dollar rises you complain and when the cedi appreciates you complain

[@robertmoser8882]

Iraqi dinar

[@xhibitplus]

The appreciation is not sustainable if we are not exporting to equal import. It was just cosmetic based on speculation.

[@idacommey1090]

But still things are increasing,I don't know y,and the bla mate is also doing shakara telling us the new fare has not be given to them ,but as for me I get my calculations and right amount for them.👍🤟

[@villagegossip2472]

hmmmmmmmmmmmmmmm

[@isaacbossro44]

Please stop talking about this people n entertain us please

[@donshomeimprovements]

Masa u are talking too much cos it has affected u😂😂, ahye wo paaa

[@johnbanaman]

Nowadays de3 the way you shoot our videos de3 me I don't like ooh😏

[@paintsildesmond8495]

Are you still using this word? Burga?It is a" kolo" word "Abrokyire" is no longer luxury. Burga is old fashioned. I think the best word should be "Diaspora" and not Burga in this day and age.

[@Directorvhim]

ei 😂