Robert_Ephraim, MA

@the_law_himself Did you @the_law_himself receive this message yourself? I don’t think this is true or coming from Mtn. We know our people very well

MTN may have realized that due to the rising cases of MoMo fraud, many Ghanaians now move large amounts from their wallets to bank accounts immediately after receiving payments for safety reasons. Now a 0.75% charge on transfers from MoMo to bank accounts suddenly appears. This honestly feels like E-Levy through the back door. The big question is… was this approved by the government or regulators, or MTN decided this on its own?

@gboakogh It’s difficult to believe some of these messages because mtn will have broadcasted this message to all of us. Some of us have not received the message. This is questionable. We all know the level of propaganda our guys can do!

Tomorrow morning I will update you about the happenings around foreign exchange deposits and the imminent higher bank charges effective 4th June as a result of the policy announcement by the Bank of Ghana in the latest Monetary Policy Committee Report. It is getting interesting. When we say, it happens.

@Fentuo_ This is unprecedented How did he end at Chelsea? That’s the summary of our season lol

Delap is not a footballer!

@theprincetagoe @samgeorgegh This is no way an ass kissing stuff. These are the replies that will encourage improvement in this very important discourse. Throwing insults here and there without any tangible point won’t help us all. Let’s critique devoid of any insult.

I will always argue that Hon @samgeorgegh has really brought tech policies to the limelight. We are grateful sir. There were LI’s that were legal, that allowed people to mine in the forest. For the good of the country, you and others championed removing it. Sir, the existing legal framework and the proposed bill will both harm the Ghanaian innovator in more ways than one. Twitter (X) has proven to be the hub of the tech family. The sentiments here reflect the sentiments of a community larger than us evident. If the previous government got it wrong, we are counting on you to make it right. We believe you can. I believe you can. Thank you sir.

@jdghinson This is well put together. Let the conversation start from here not the insults. Insults don’t get result but ideas and understanding of the issues.

So I did a lil research about the L.I. NITA referenced in their response. First of all, a legislative instrument(L.I) doesn’t get voted on like a bill. It’s laid before Parliament and if no MP moves to annul it within 21 sitting days, it automatically matures into law. Btw the sitting days isn’t 21 calendar days, it’s 21 days that Parliament is actually in session, so that window can stretch over a few months. The first one, L.I. 2481 (2023) is the Fees and Charges (Miscellaneous Provisions) Regulations, and the second one, L.I. 2512 (2025) is the amendment that took effect on 2nd February 2026. That’s what NITA is referring to, and that’s why they made the statement that they are operating by law. Now I will explain what this means so you get it. The parent act, Act 1080, gives public agencies like NITA the right to propose fees for their services, and the Minister of Finance consolidates those proposals and publishes a price list from time to time. The L.I. is the actual menu with the prices. So the first one captured these categories we are seeing, ICT company and professional registration, e-commerce provider accreditation, etc. The second L.I. is the updated menu and that is what we are seeing with the price list. Both instruments matured through Parliament, so legally NITA is on solid ground when they say the fees are backed by existing law and not the proposed bill. Now here’s something important. Annul and revoke are not the same thing. Annul is what Parliament does during the 21 sitting-day window before an L.I. matures. An MP moves a motion to annul, and if Parliament votes in favour of that motion within the window, the L.I. dies before it ever becomes law. Revoke is what happens after the L.I. has already matured into law. To revoke a matured L.I. you need a fresh L.I. that revokes it, or an Act of Parliament that overrides it, or a court declaring it unconstitutional. So in NITA’s case, the window to annul L.I. 2481 closed in 2023, and the window for L.I. 2512 closed in 2025. Both are now matured law. Why didn’t a single MP move to annul either one? That’s a question for our MPs to answer. Now I tried to get the gazette to compare the current pricing but I can’t find it, and it’s not on the NITA website. If anyone can help pull the actual NITA fee tables from L.I. 2481 or 2512, I would appreciate it. Just so you know if we can pile on the pressure they can actually amend it. Also why is traditional media silent about this proposed NITA bill? We need to have a session where we break down every single line in that bill. Disclaimer: this is just what I gathered from my research. I’m not a lawyer, so if anyone with legal expertise spots something I got wrong, please correct me.

@rps_josh I think the main issue here is about the fees that is even in the old bill. I remember this came up before and the issues were more than the fees. This time is all about the fees. Let’s drive home our point instead of insulting. I believe the ministry wanted our inputs that’s why the bill is put out for us to read in the first place. As the minster is leading the charge about the 1M coders and I am he sure listen to what the tech community is saying as well.

@__Cornelius_ but we’re not part. bill them and leave us alone

As a young Ghanaian startup founder, paid for my own online course on codecademy, self-taught in some areas and scraping by, these NITA fees, renewals, licensing, + 1% gross revenue levies are outrageous. Payment providers already take 1-3.5% per transaction. We’re broke, building with nothing, no real government support or funding for tech. You can’t tax/charge us for skills we taught ourselves while offering zero help. This kills innovation. #StopTheNITABill

@DjoletoT The comments here are unfair He mentioned that nothing will destroy the friendship he has with Haruna and Muntaka. There’s no fight anywhere and there should be any attempt to think there’s fire somewhere

I said my brother Haruna sit somewhere, ernn the other guy Muntaka you too sit somewhere. Let new people come and you sit on the bench and watch😂 - (Asiedu Nketia on 2023 Reshuffle of the Minority leadership in Parliament).

People often prioritize lifestyle overhead over asset accumulation because human decision-making is driven more by psychology, social signaling, and short-term emotional reward than by long-term balance-sheet optimization. Several forces drive this behavior: 1. Immediate gratification: Assets usually compound slowly and invisibly. Lifestyle spending produces immediate emotional feedback: Better housing, Cars, Fashion, Dining, Travel and Social status. The dopamine reward from consumption is instant. Asset accumulation requires delayed gratification and patience. 2. Social comparison and status signaling Many people unconsciously optimize for perceived success rather than actual net worth. A financed luxury car is visible. An investment portfolio is not. This creates “status consumption”: Higher rent than necessary Frequent upgrades Expensive weddings Designer brands Lifestyle inflation after salary increases The economic term overlaps with The Millionaire Next Door concepts: many high-income earners appear wealthy but have weak net worth positions. 3. Financial illiteracy: A large percentage of people: Do not understand compound interest Underestimate retirement needs Confuse income with wealth Misunderstand debt cost Someone earning a high salary may still have: No investments Minimal emergency reserves High consumer debt Because cash flow feels strong, wealth fragility is hidden. 4. Cultural and family pressure: In many societies, visible success is socially rewarded. Examples: Family expectations Peer pressure Relationship signaling Religious/community ceremonies Maintaining appearances This is particularly strong in collectivist or reputation-sensitive environments. 5. Hedonic adaptation: As income rises, people normalize higher expenses quickly: Better apartments become “basic” Premium phones become “necessary” Luxury becomes routine This is called lifestyle creep. Income increases that could build assets instead become recurring liabilities. 6. Misunderstanding of leverage: People often use debt for depreciating consumption instead of appreciating or cash-flowing assets. Examples may include: Car loans, Consumer financing and Credit-card spending 7. Emotional coping and identity: Spending is often emotional: Stress relief, Reward after hardship, Identity expression, Escapism, and Validation. For some people, accumulation without visible enjoyment feels psychologically empty. 8. Lack of long-term certainty: If people distrust the future economically or politically, they may prioritize present enjoyment: Inflation fears, Job insecurity, Weak pension systems, and Economic instability. The mindset becomes: “Enjoy now because tomorrow is uncertain.” 9. Assets are cognitively abstract: An appreciating portfolio at age 55 is psychologically distant.A new apartment or car changes daily experience immediately. Humans naturally discount future utility. 10. Marketing systems are designed against accumulation: Modern consumer economies aggressively encourage spending: Social media Influencer culture Easy credit Buy-now-pay-later systems Luxury branding Entire industries profit when people remain consumption-oriented rather than capital-oriented. From a financial perspective, excessive lifestyle overhead creates: Low savings rates Weak liquidity Debt dependency Delayed financial independence Vulnerability to income shocks By contrast, asset accumulation prioritizes: Cash-flow generating investments Equity ownership Compounding Optionality Long-term financial resilience The key distinction: Lifestyle spending can create the appearance of wealth. Assets create actual wealth.

I Paid $13000 A Month As Rent At Kempinski , $18000 Monthly At Stanbic Height For 10 Yrs - Savile Row Boss, Nana Sarfo Shares Story

@RAahiagbah This is KOKAs advise. Let’s be careful what we plant

This is no longer funny. NDC must go on D72028. They are not ready for this democracy. Democracy is the people's rule. Demos (people) + Kratia (rule). How can the people partake in the ruling if they are silenced by these rough tactics?

The exclusions point to a major tactical and cultural reset under Thomas Tuchel rather than simply “big names being dropped.” The overall message is clear: Tuchel appears to be prioritising system fit, physical reliability, tactical discipline, and current form over reputation. Foden’s exclusion suggests Tuchel does not believe he currently solves England’s tactical problems in central attacking areas. Reports around England’s recent friendlies indicated Tuchel was unconvinced by Foden’s impact in the No.10 role. England may move toward: * a more direct vertical attack, * stronger off-ball structure, * less positional freedom for roaming creators. Jude Bellingham is now the undisputed central attacking focal point, players like Morgan Rogers and Eberechi Eze may be preferred for athleticism and transitional play. Tuchel appears unwilling to carry players purely on talent if their form or physical condition is inconsistent. Several reports linked Palmer’s omission to poor recent form and fitness concerns. England may become: less possession-oriented, more transition-focused, more wing-driven rather than creator-driven. Risk This could seriously hurt England in: * low-block matches, * penalty-box creation, * late-game invention. Palmer is one of England’s few players who consistently creates chances from nothing. ⸻ Harry Maguire’s exclusion is the clearest evidence Tuchel wants a different defensive profile. Despite Maguire’s tournament pedigree, Tuchel appears to prefer: mobility, aggressive pressing defenders, defenders comfortable defending large spaces. Tuchel may not fully trust Hall defensively at World Cup level yet. England may use: more conservative full-backs, inverted defenders, experienced options over developmental talent. Adam Wharton represents control, tempo-setting, and progressive passing. Leaving him out implies Tuchel wants: intensity, athletic midfield coverage, experience, defensive security. England may become more transition-heavy rather than possession-heavy. England could struggle: controlling games, progressing centrally under pressure, dictating tempo against elite opponents. No doubt a lot of fan criticism online focused on this omission. ⸻ Luke Shaw’s omission is primarily about reliability and fitness. Even when fit, Shaw has had recurring availability issues. Tuchel may not trust Tomori’s positioning and composure in international tournament football. Morgan Gibbs-White’s exclusion may be the most controversial omission based on form. Reports and fan reaction suggest Gibbs-White was among England’s strongest-performing attacking midfielders late in the season. Tuchel may value structured attacking roles, and tactical predictability. Overall these omissions collectively suggest England are moving toward: hard work and tactical discipline.

🚨 The MOST HATED man in England right now. Thomas Tuchel has not included the following players in his World Cup squad: ❌ Phil Foden. ❌ Cole Palmer. ❌ Harry Maguire. ❌ Lewis Hall. ❌ Adam Wharton. ❌ Luke Shaw. ❌ Fikayo Tomori. ❌ Morgan Gibbs-White. And he's picked Jordan Henderson, Dan Burn and Jarell Quansah. ✅ (Source: @TeleFootball / @BBCSport / @TheAthleticFC)

@Replay_remix These are all good business but leaving them for someone else in Ghana is risky.

3 businesses you should NEVER start in Ghana in 2026 1. Barbering shop 2. Building to rent out 3. Uber/Taxi

This is a very expensive auto loan structure. The transaction is financially inefficient unless the borrower had no access to lower-cost financing and urgently needed the vehicle for income generation. Loan Breakdown * Principal: $75,550 * Term: 72 months (6 years) * Interest Rate: 35.99% * Monthly Payment: $2,572.27 Over 72 months, total repayment becomes approximately: 2,572.27 \times 72 = 185,203.44 So the borrower pays: * Total repayment: ≈ $185,203 * Total interest: ≈ $109,653 The interest alone exceeds the original vehicle cost. Critical Financial Assessment 1. Interest Rate Is Extremely High at 35.99% APR, this resembles: * subprime lending, * distressed borrowing, * or high-risk consumer financing. For comparison: * Prime auto loans in many markets range between 5%–12% * Even risky borrowers often obtain financing below 20% This rate destroys long-term cash flow 2. Severe Depreciation Mismatch Cars are depreciating assets. Therefore a vehicle purchased for $75,550 may lose: * 20–30% value in year 1, * 50–70% value over 6 years. Yet the borrower is repaying $185k for an asset likely worth: * perhaps $20k–$35k after the loan period. This creates negative wealth accumulation. 3. Cash Flow Stress A monthly obligation of $2,572 is very heavy. To safely sustain this payment, the borrower likely needs: * stable high income, * strong emergency reserves, * low existing debt. Otherwise risks include: * default, * repossession, * damaged credit, * inability to invest elsewhere. 4. Opportunity Cost That same monthly payment invested elsewhere could produce substantial long-term wealth. For example, investing $2,572 monthly into diversified assets at moderate returns over 6 years could potentially create: * meaningful investment capital, * business equity, * or property ownership. Instead, the money is consumed by financing costs and depreciation. Better Alternatives Alternative 1 Buy a Lower-Cost Reliable Vehicle Instead of a $75k car: * buy a reliable used vehicle for $15k–$25k, * reduce financing duration, * lower interest exposure. Benefits: * lower insurance, * lower depreciation, * improved liquidity, * faster debt elimination. This is the most financially rational option. Alternative 2 Use the Loan for Income-Producing Assets If access to $75k credit existed, more productive deployment could include: Business Expansion like * logistics vehicles, * commercial transport, * retail inventory, * agricultural processing, * accounting or consultancy infrastructure. An income-producing asset can generate returns exceeding borrowing cost. A private car generally does not. Alternative 3 — Real Estate or Land Acquisition In many markets, land and property: * appreciate over time, * preserve capital, * generate rental income. Even partial property investment could outperform a depreciating luxury vehicle. Alternative 4 — Mixed Allocation Strategy More balanced structure: * $20k vehicle, * $25k invested, * remaining funds reserved for liquidity/emergency capital. This reduces financial fragility. When the Loan Might Be Justifiable The transaction becomes more defensible only if: * the vehicle directly generates income, * the borrower has very high disposable income, * the car is essential for executive or commercial operations, * or the purchase has strategic business value. Examples: * executive transport business, * luxury rental fleet, * high-end logistics operations, * brand-image dependent profession. Otherwise, the financing structure is economically unfavorable. Overall Verdict Financially, this transaction is weak because: * the interest rate is excessively high, * the asset depreciates rapidly, * total repayment is disproportionate, * and the opportunity cost is severe. From a wealth-building perspective, allocating $185k to a car is a bad idea and wrong business.

just got my first car🎉🙏

Few take away from why FBI is doing serious business in both Nigeria and Ghana. The FBI is arresting individuals in Ghana and Nigeria due to their alleged involvement in transnational cybercrimes, specifically Business Email Compromise (BEC) and romance targeting elderly Americans and U.S. businesses. Local authorities are actively cooperating to extradite suspects to the U.S. and combat cybercrime networks within West Africa. One MP from Ghana is also alleged to be involved in this issue. Syndicates often use online dating platforms and spoofed emails to manipulate victims into wiring millions of dollars to accounts controlled by the network. The U.S. Department of Justice has unsealed multiple indictments and arrested prominent local social media influencers and suspected cybercriminals involved in scams worth hundreds of millions of dollars Suspects are being extradited to the U.S. to face federal charges like wire fraud and money laundering. Read more about recent Ghana-based romance scam indictments. Why Governments Allow the Arrests? Bilateral Treaties: Both Ghana and Nigeria have standing extradition treaties and mutual legal assistance agreements with the United States. Protecting International Reputation: Governments allow these arrests to prevent the international stigmatization of their youth, protect their digital economies, and show international partners they are tough on financial crime. Joint Task Forces: Agencies like the Cyber Security Authority and the Ghana Police Service routinely conduct joint, intelligence-led raids alongside the FBI and INTERPOL to dismantle these operations. Lessons to Learn Severe Legal Consequences: Cyber-enabled financial fraud can lead to decades in U.S. federal prison and millions in restitution orders. Increased Surveillance: Law enforcement now utilizes advanced digital forensics and cross-border intelligence sharing. Scammers and their accomplices, including landlords who knowingly house them are easily tracked. Online Vigilance is Essential: Both the public and private sectors must remain cautious of fake online investment and romantic relationships. EOCO and other agencies are helping FBI in these cases.

It’s interested and frustrating to say the least. However, it’s important we keep on hammering these points for our leaders to listen to us. In this case it’s not politicians but the same lawyers who are now the CJ. Lawyers must come together to enforce a change in our law courts.

Being a lawyer in a third world African country will make you experience some things that if communicated to other lawyers in developed countries they won’t believe it and they still don’t. 1. The judge cannot type. The court typist will type, everyone will view it but it won’t be shared to designated folders to be accessed electronically by the case parties. No. You’ll have to apply for a copy of those proceedings and it can be delayed for days. 2. After you’ve driven to court for two hours, you’re informed the judge woke up and decided proceedings for the day are cancelled. No email or notice in advance to save the costs. You’ll have to adjourn to even a month only to come again and the “judge isn’t sitting” so another adjournment. 3. After you’ve finished pre trial proceedings, the trial is five months after. Your case has been adjourned for five months. 4. You’re reading a Supreme Court case. The original matter started in the high court in 2011. It’s in May 2026 that the Supreme Court gave final appellate judgment. The original parties in this land matter are already dead. 5. Full black robe (gown) with wig, collar and bib, in a hot courtroom without AC waiting over two hours 9-11am for your motion that will take just 5 mins.

We must be proud of @Cassielforson and @DrJPAsiama for these economic reforms and achievements. I wish to delve small in the benefits Ghana stand to gain as we exit the IMF program. Ghana’s exit from its IMF program offers critical benefits like the restoration of sovereign policy autonomy, improved access to international capital markets at lower borrowing costs, and a major boost in investor confidence. 1. Ghana Regained Policy Autonomy Without strict IMF-dictated conditionalities tying the government's hands, policymakers have the flexibility to implement indigenous growth and infrastructure agendas tailored specifically to local needs, such as accelerated job creation in the non-oil sectors. 2. Restored Market Credibility & Lower Borrowing Costs Following years of debt restructuring, Ghana’s exit—backed by an upgraded sovereign credit rating (Fitch upgraded the country to 'B' with a positive outlook) signals to international capital markets that the economy is stable. This renewed credibility lowers yield demands and borrowing costs for both the government and private sector. 3. Shift to a Non-Financial Policy Coordination Instrument (PCI) Instead of relying on IMF bailouts, Ghana has transitioned to a non-financial PCI. This allows the country to receive continuous technical assistance and capacity development without taking on new loans, effectively cementing the government's commitment to fiscal discipline. 4. The stabilization achieved under the IMF program successfully corrected previous imbalances. The country closed the program with record-high gross international reserves (reaching over US$14.5 billion, representing nearly 6 months of import cover), inflation falling sharply to single digits, and the Ghana cedi maintaining greater stability. Let’s see how discipline the government will be after exiting the program. Can government absorb the pressure and maintain this economic momentum?

@yao_dg @Aquasie_ The video does not capture the entire road.

@EphraimRobert @Aquasie_ So the video is AI or what?😂

Completed road but still no streetlights on it

@trollkingkong @Aquasie_ How do you know? I use that road everyday to and fro work

@EphraimRobert @Aquasie_ Street lights Wey nor fit Dey on from Monday to Friday 🤏🏾

There will always be disagreement on issues of the finance but what @DrJPAsiama and his two deputies are doing at the BoG deserves commendations instead of the crucification. The Bank of Ghana's 2025 financial report indicates that the central bank accepted record losses, including a GH¢15.63 billion operating deficit, to achieve macroeconomic stability, including inflation dropping to 5.4%. Critics will always have a say due to free speech, the truth will prevail at the end of the discussion. The painful thing about all these discussions is those who mismanaged the economy are the loudest critics in this issue. Let’s be mindful when criticizing. As my people from Volta will put it, he who fetches water can break a pot.

@Citi973 Someone will also disrespect you.

“I’ll continue to disrespect him until he does the right thing” - Minority Leader Alexander Afenyo-Markin criticises the presiding judge in the case involving NPP's Bono Regional Chairman, Kwame Baffoe (Abronye DC) #CitiNewsroom #AfenyoMarkin #GhanaNews