How Inflation and Corruption Adversely Affect The Economy of Ghana.
Power Frequency28 Aug 2022

How Inflation and Corruption Adversely Affect The Economy of Ghana.

Ghana's capital city, Accra, is the second most expensive city in the world in terms of the property price to income ratio, according to a recent survey by Numbeo.

On this episode, Kwame spoke about dotDWG and vacancies for his architectural firm. Kwame believes we are not self aware that corruption starts with us, we don’t do our due diligence with the basics like communal hygiene and taking care of the environment. He also talks about the loopholes in the Ghanaian tax system. Cubano highlights the outrageous fuel prices in Ghana compared to its neighboring countries. Cubano is disturbed about our deteriorating economy and how private institutions and the government are taking advantage of the general inflation to overprice goods and services.

Patty talks about her experience moving into her apartment, how prices keep going up but salaries don’t. We compare the prices of things the average Ghanaian consumes on a daily like Koko, Bofrot, FanYogo, a sachet of water and Kelewele in the last five years.

Afrochale talks about tax evasion by big corporations and its perks. We share our views on the introduction of the E-Levy.

Our system functions on, ‘Who you know and Who knows you’ basis. The Power Frequency Tribe aims to empower the youth to assume more leadership roles to facilitate boost Ghana’s infrastructural and economical development.

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