Is Ghana Africa's most expensive country to live? - BBC News
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- čas přidán 18. 05. 2022
- Ghana is one of the most expensive countries to live in Africa.
The price of essential goods and services has increased sharply since the beginning of the pandemic.
"It’s too much for us," some say, adding that the situation has become unbearable.
Rising fuel and food prices are affecting all parts of society. In the last four months the price of drinking water has risen twice.
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#Ghana #Inflation #BBCNews
Too much importation is killing African cities like Accra, Nairobi, Lagos, etc. We need to manufacture things locally with less dependence on imports.
Lagos is the cheapest African city
@@jaybee4577 oh wow didn't know that. Things are pretty expensive here
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
Farmers use to produce a lot locally but our very own people will not consume it. Lots of farmers run losses, making farming a bad business to venture.
@@clementkyeisarpong9367 That's absolutely not true. Importation of cheaper foreign onions from Europe by Ghanaian importers and much better quality tomatoes from cote d'Ivoire made it difficult for some of our farmers. Just like we still import more cheaper frozen chicken, rice and eggs from Europe. The government signs continue to sign trade deals with Europe and China which are unfavourable to our local farmers and manufacturers. When confused Akuffo Addo is going for big loans from outside, some of the conditions given to the country is to lower import duites we charge at our Tema ports from that country so they can sell us their produce. This makes local manufacturers and farmers become uncompetitive.
My dad needs to see this to understand me. Living in Ghana is so financially painful right now. If it is not the most expensive country then it is among the most expensive countries in Africa.
Yea I think Gabon is the most expensive so far
Send the video link to him
It is the most most most expensive nobody cares, everything too expensive meanwhile no job to earn money
@@efetinjongai237 are u sure, have you compared what Ghana have against what Gabon b4 saying Gabon is more expensive. Ghana have everything to make life easy and comfortable name it, but we are the ones suffering the most. Am so emotional now I want even talk again
@@ramatuissifu1877 now i get. Gabon imports literally everything.
I cannot understand why Ghana needs to import staples such as tinned tomatoes fresh tomatoes okra cassava and rice from China and India when they have plenty fertile agricultural lands to grow their own. The ministers who are responsible for agriculture and importation should be held to account. We need to re educate Ghanaians that not everything from china and india is the best.
It’s because they’re imported by politicians, the politicians want to monopolise each food item
I think it's faster to import in bulk than to grow?
@@danii1609 with this your opinion, unemployment rate will increase. We should learn how to produce our own needs.
It's hardly about Ghanaian education. All that is in our textbooks in high schools and basic school levels. The problem is those in power & government who are supposed to facilitate that expectation. For some unexplained reason, NO ONE, seems to be able to get this very basic issues solved. This has been a problem for DECADES. And trust me, all Ghanaians are taught about 'problems of Agriculture in Ghana with solutions'. You can't miss it in our educational system. Question is, why do the problems still persist. My answer - it's delibrate.
@@danii1609 Then they need improve their argricultural output.
Iam from somalia I was living in Ghana but now am in my home country
I really like Ghana and Ghanian people I hope for them a good life
You ran back. hahahaha
So long, Comrad. We respect you too.
Hhhhhh wll mxd ka doontay mxd ku aragty meesha
@@halimoab1221
Kkkk wlshy sharafeey arimo ganacsi ayaan u aaday oo waxaan kunoolaa dalkaas Ghana dhoor sano xaqiiq dal aan jeclahay waaye
Xagee kunooshahay abaayo waa yaab inaa qof somali ah inta isku aragno kkkk
@@safaradacaalamka4218 haa sax wll mareykan bn jogi jirey magaladan degna wey ku badnayeen mrka iyaga iisheegey iney somali deganyhn ghana oo wxy ka ganacsadan daawoyinka adigu somali maku aragty meesha
Yes the rest of the world is facing similar issues, but Africa has everything it needs to not be affected seriously by this. We have everything here. Ghana has everything, our leaders aren’t intelligent to realize this, they aren’t putting any proper measures to ensure sustainability
Exactly bro ...they had all the numbers degrees but it doesn't contribute any impact to make us feel comfortable in our home land
What u have ?
How come all the leaders are not intelligent though......since 1960? Maybe the population isn't intelligent so if you pick anybody as leader from the population, the probability that he will not be intelligent is about 80%? Common the leaders are intelligent, if they are not, then the population who vote for them are not intelligent either.
they're intelligent, just greedy,
@@KawaiiStars lol
A developing country with home prices higher than that of the US.Extremely insane
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
@@rond5936 I agree
Ghana needs house tax
@@user-wl8cj6vw8c Ghana already has real estate and property tax if that's what you mean, we have had house tax for over 50years.
@@user-wl8cj6vw8c can't wait for the gov to start taxing your body organs😒
The people saying "the prices aren't only increasing in Ghana" are part of the problem. It is their leaders and their willful mismanagement of the country that has caused prices to skyrocket. Indomie which was one of the most accessible foods (albeit unhealthy) has doubled in price. Milk that could be bought for 10ghs now goes for up to 26ghs. If you love and want to help Ghana then at least be honest and call the situation out for what it is.
God bless our homeland GHANA
love you vids
Currently in Ghana an average monthly job can't feed you 2 square meal up to a month i mean sales reps marketers even cashier's in some banks in Accra.
GOLD AND SILVER PRICE IS MAINTAINED AND SELL THEM MINING LABOUR COST IS INCREASED........
Blessings from your cousins in 🇯🇲
We need to grow more in Africa. Don’t understand why we don’t focus more on agriculture.
Do you understand globalization under WTO rules?. Where the powerful greedy multinationals control and dictate the show?
We have leaders who only think of the next general election than the next generation
All they focus on is how to keep power but not how to empower their people
@@sagan5051 We don't need leaders to grow food on lands, we need people , togetherness, so please stoping worrying yourself about the leaders, and start growing 💚
@@sagan5051 czcams.com/video/CL1EVNZOkSo/video.html Ghana: Africa's rising star
Our leaders think first of their pockets. They are aware of ways of improving things. They just don't want.
Ghana can boost her economy by investing in modern fishing from the sea and supply in the country and export as well.
Sitting by warm sea and importing fish is the most surprising thing to me. I am living in Ghana since 2015 and last six months have seen most rapid devaluation of Cedi
Then it produces Cocoa. It has oil, it has best pineapple, it has beautiful beaches, lush great coastal strip, it can increase tourism.
The government shall choose bright Ghanaian students and get them specialized in all these fields and stant on its feet in next 10 years
And above all produce your own gold extracting engineers
corruption will not let them. The old cargos refused to die
@@yesohyes9198 Lol it's gradual. Ghana is doing just as he said. Bit by bit. If you know where we've come from you'd know.
@@yesohyes9198 I just feel so sad reading your comment.
@rizwan kausar that won't happen please.. This current government has sold our only Forest in Accra, Ghana how much more beach lands???.
The best Student won't return to Ghana if you send them to Europe to learn. they will die there rather than endure hell here..lol😂😂.
Sorry for being too straightforward
It breaks my heart seeing this as a Ghanaian living in Germany. But we must also not forget prices have also increased dramatically also in Europe. Cooking oil, Jasmine rice, rent, gas to mention but few have all increased drastically! I think it’s not only in Africa. But we also have to look at our import rate. We shouldn’t be importing almost everything. Tomatoes, Rice and so many things can be grown and consumed in the country. God bless Ghana 🇬🇭
Has the Euro devalued by 19% too ? Has transportation prices gone up by 40% this year In Germany ? We have a special case in Ghana, don't compare it to other countries !
@@awalmohammed3747 energy prices was so hight last month in the UK that people were complaining,now they say they are going to increase it again in October yet still salaries have not increase. Is summer now so things are quite is winter that we will know how the world is really moving. There's a special case every where. Why do you think a lot of ppl are relocating to Africa?. This war is affecting everyone. Is about time we live self sufficient life.
It is not a matter of pride. The country is going through turbulences right now
Prices of every day necessities have increase by 100-200%. And in agriculture where its even worse, in 2020, a bag of a fertilizer was selling for around 200 cedis and now it goes for 450/500 cedis in only a span 1 to 2 years. This is absolutely not normal and still our president wouldn't adhere to the plight of the people and still would not admit that's our economy is doing bad when he was on BBC recently and still continue to implementing policies that are hitting people even harder(e-levy). We all know the fighting in Ukraine has disrupted the global supply chain somehow but the situation we live in is unbearable for the average Ghanaian
@ Prince kusi Nsiah
Even the local food items is more expensive than the imported ones.
Mercy!
We are really going through a lot in Ghana here..Common food, most of us dont even have money to buy..Things are soo expensive..
How people manage to keep surviving in Ghana is a miracle. Ridiculously expensive country yet the average citizens are poor
In Sudan too. We don't even know how to we got strength and money to keep our life going ...
@@zoobaali1766 Which Sudan? The South or the other one?
@@openmindedalwayz2488 I am from the North Sudan but both sides are suffering unfortunately 😔
@@zoobaali1766 Okay, the entire continent is suffering. We Africans are in the same trenches.
@@openmindedalwayz2488 sadly. 😭
Utilities are even increasing and salaries are reducing. Yet our leaders don't see anything wrong with this.
That's very true
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
The prices are not going up, the currency is becoming worthless.
Actually i think the economy is steadily growing. Good news for Ghanans.
I'm in Ghana, and Since Dec 2021, prices of food items have shot up at least 50%, some have even gone up 100%. Its just crazy. Our corrupt joke of a president, saviour turned destroyer Akuffo Addo is clueless.
In the past, People from our neighbouring countries used to say Ghana is very expensive when they visit, but now it is just unbearable and I dont know what they will say now.
The corrupt Akuffo Addo government just borrows money and borrows money.
@@supremepc6298 Are you serious right now...Which Ghana are you living in
@@gamezone2070 Ghanarea
Well, I went to Ghana the last 7 months. And yes, prices increased by the month! 1 liter milk between £1.50 - £1.80 as of April! Beer is now cheaper than Disel! 1 bottle of 670ml beer still around 8-9 Cedis, which is less than 1 Pound. Diesel now by about 1.15 pounds. 1 egg now at 12 pence. And so on. Oil, Tomatoes, Rice etc. Yes, Ghana has become very expensive!
That's crazy, 1 liter of milk in Russia costs about 1 USD.
@@adamandsteve13 it's really crazy that things are cheaper in Russia that's facing heavy sanctions. Inflation is a deliberate way for government to steal money since they know for sure that their party won't be in power in the next elections
Ghana milk is more expensive then UK milk, oh dear lord
Lol still cheeper than London
@@adamandsteve13 which is GH 7
The price of goods were definitely going up before I left last month.
1 L Raney Fuk what you saying it here 😠 czcams.com/video/8zrfSK6pnpQ/video.html
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Living in Ghana is becoming unbearable. Its insane how prices of items are skyrocketing.
We are slowly going mad in Nigeria
@@chinenyeodozi7677 Ghana and Nigeria deɛ, Hmmmm May God have mercy
@@chinenyeodozi7677 Nigeria is still a lot better...not as expensive as this.... try buying something with $10 in Ghana ...then bring the same $10 to Nigeria and you get a lot more for your money in Lagos...simple facts!
it's global
@@chinenyeodozi7677 My Nigerians are pathological complainers, it'stheir default setting.. Don't let them fool you. People like her are secretly building rental properties while pretending they suffer hardship.
This is simply who we are.
That's true. I'm a Cameroonian student and I was in East Legon, Accra to intern with an NGO there and boy,it was so expensive. A plate of food cost 100 Cedis (around 8,000 CFA) which is money that can feed me for a week in Cameroon! Clothing is also very expensive though local transportation is fairly affordable
Well, you could have also gotten very good food for 20 cedis or less. Ghana, especially Accra is expensive but certain spendings are avoidable.
@@joyo.a.1222 😂😂😂 exactly. 100 dier she was probably eating at a fancy place
next time don't live in East legon ....
You are eating 100ghs food? You are rich
@@nanayaaserwahkyeremeh4560 this place was really dope. Called The Living Room. It's directly opposite our office on Otele Avenue in East Legon and we couldn't find anything cheaper because u go down to A&C Mall and the costs are just as high and they dont even have cooked food.
Ghana is expensive now its even difficult to afford a two square meal. Prices of food stuffs are crazy, prices of transport fares are unbearable l pray something is done about it else we will find it difficult to survive..!
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
@@rond5936 hmmm my brother its not easy ooh
Inflation is around 30% here in Ghana...is not the same in your country I guess
I don't know why people see farming as suffering in Africa, when I was growing up my dad used to be a farmer, we all went to school through my dad farming and selling his products, my dad build his first house through farming money, all the products we eat are from our farm only few thing we bought from the market like fish and meat or Maggie, I remember every time we take holiday from school me and my siblings will go to the village to help my dad and my mom with farming work, which am grateful today, my dad was a big export and seller of plantain, yam, banana, garri, although it was not a easy work but at least it helps us a lot, but now all the big boys and girls want to live a city life 😂 nobody wants to do farm work, here in Europe farmers are the riches people, farming is like gold here, Africa don't know what they have, if European have the chance to exchange their land and take our land, they will not think for a minute before they do it.
Are you back in Ghana farming?
@@blackvikingeire good question you asked.
Then u should have been a farmer
The why aren’t you farming?
there's no land at the south. unless you are already rich it's impossible
Im an AA living in Ghana for seven years and for the first time , my family and I are planning our move back home, to live a quality life in Ghana is very costly,some things are literally MORE than they are in America. It totally defeats the purpoee of moving here, we've had enough of the inflation. The worst I've seen since we arrived in 2015.
African American? What about other countries in Africa?
Paige,
What city did you live in/near?
I was planning on relocating to Ghana... but the last 3 months have caused doubt
😑
As a Ghanaian I just came here to say yessss! It's really expensive
Ghana now holds the record for being the most expensive country to libe in Africa
Sad. I have been there 2times, The food was too expensive for their income. Ghanaian dishes are tend to use many ingredients so it may better to cook simply for now.
Leaving Ghana Early this Month as a International who’s traveld there before, I can Say YES the cost for my travel experience in comparison to the last time 8months ago yea major difference in prices. Thankfully I made room in my budget.
God bless Ghana 🇬🇭 God bless Africa
The price in the morning is different from the prices in the evening!The prices travel at the speed of light!!!
Yes, exactly true, you can't live in Accra for a year if you are not financially sound because every thing is expensive these days in our market . Especially price of rent in Accra compare to Abijan there's a huge difference .That is why corruption is unbreakable in our society and public offices.
Ghana is so expensive and salaries are too low.
People are just greedy simple and politicians are looting left, right and centre so what do you expect?
@@kojoelvis1124 😃😃😃 Kojo you and l are only bold and courageous to tell the truth because ( the truth is bitter .) Ghana is too expensive now and a HELL to live these days. Thanks
Even rent rates are expensive. As for our food and transportation, its another story. Everything is too high
In Japan ,the prices of water will go up.
In current, the high prices is not only Ghana but also around the world.
I'm in Ghana and it's too expensive. Bear in mind that wages are very low in Ghana. A lot of factory floor workers and restaurant waiters receive $70 a month for working 26days a month.
Yes, I Agree 🙏. There are some countries in the world with high living cost 🙏😔😔
Who cares about your country Japan 🗾 we are talking about Ghana
You should travel and see the reality. It's not stable as Japan. People are struggling in Ghana . I'm Japanese and have been to ghana. I see Life is very hard there.
When you are comparing the price then you have to compare the salary too okay
Nairobi , Kenya still experiencing the same situation
When common foods & household items become expensive & the salaries are low most citizens become poor and life becomes unbearable. The poverty rate in Ghana is increasing very fast and the ECONOMY Is not growing as expected. The govt should act ASAP.
Ghana 🇬🇭 is really so hard to live in nowadays huh, may God Almighty sees us through 🙏
GOLD AND SILVER PRICE IS MAINTAINED AND SELL THEM MINING LABOUR COST IS INCREASED..........
Prices are going up everywhere around the world and not just Africa or Ghana specifically. It is equally impossible to survive here in the UK with the cost of living crises looming daily. The BBC should stop targeting emerging markets with such reporting and report more on how folks in the UK and around Europe are struggling daily to survive from pay cheque to pay check. The West always creates these types of global crisis and Africa suffers
Bruh they talk about that everyday. The one time they talk about cost of living in a different country it’s a problem
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
Utterly preposterous par excellence.
Ghana has oil
@Nana Ama we know prices are going up everywhere around the the world but pls allow BBC to do dis report for us in peace people in Ghana are suffering so allow dem to express their feelings✅✅
Things prices had tripled since 2020 to date... Inflation too had increased so much we average Ghanaian citizens are really having a hard time🇬🇭😭
Yes it is.
It's very expensive.
1 John Ekow Fuk what you saying it here 😠 czcams.com/video/8zrfSK6pnpQ/video.html
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
I'm paid 600ghc monthly while my weekly expenditure is 400ghc. This simply tells that our expenses exceeds our income. I truly fear for our future.
You spend 400ghc a week and you salary is 600ghc..?? huh!
And you're blaming who??😆😆😆
bro you are a soldier .i can relate very well. if you have money try and move to qatar out Dubai bro..
Nairobi is very expensive too. Life here is unbearable. Rents is expensive, education is expensive. Literally everything is soaring high .
Can't compare with Ghana, Ghana us having double digit inflation of around 12%. The inflation in Kenya is only 5-6%
@@antony6799 This seems to be some troll, coz I see the same comment pasted using different user names.
Same in South African.. A 2L bottle of oil ,use to be 53rands now its 87rands, Prices of fuel and going up,Rent, electricity & etc ..it’s the same, everywhere you go✌🏾 not only in Ghana 🇬🇭 The only thing is the people are not use to that kind of living. We all can testify that, prices are going up in every country not only in Ghana .. #ProudGhanaian🇬🇭👍
Ghana own beyond please. 53 to 87 is different from Ghana double price every week. We all is affecting everywhere but Ghana own is just unimaginable. Is just to much. South Africa is not like Ghana. Ghanaians travels there to work so it means one get a job there to do but Ghana no jobs.
My dear, we suffering hear in Ghana.
@@amafrimpong9598 You said it all. I wonder the kind of explanations and comparisms some people give. Comparing mango to grape huh?
Am in the UK and unless you don't want to work. So utilities up can be sorted without difficulties.
Your can’t compare the 2 SA manufactures most of its own food even the cooking oil u referring to but because of of high demand on exporting as a result of Ukraine situation. One of the few products we have a problem with is petroleum coz we don’t produce it but mostly we use our own production we don’t have to import
Please don’t lie on rent is actually affordable right now as there’s a surplus of rentals and SA always been affordable in property. Agree on cooking oil, that’s the one thing we have that’s gone up…but petrol is up everywhere and electricity hasn’t increased. So not sure why you’re making up stories when video is about how Ghana prices and general affordability of living for an average Ghanaian is at crisis level
Slightly Used country For Sale
Name: GHANA 🇬🇭
Loc: West Africa 🌍
REASON: Leaders can't think any longer 🤔
Forget about all other resources
Lithium alone estimated around $16 Trillion
Still they got no heads to think.
Is not any used country for sale. All countries have constraints.
Yes it's true. Everything has increased sharply in Ghana. You ask for a price of a product today and when you are ready to buy it tomorrow, you realize they've increased it again.
It's getting serious here everyday prices go up from food, water and to transport which is really making life harder manage
Angola is the most expensive country to live in Africa. Luanda the capital of Angola is the most expensive city to live in, in the world!
Ghana needs to do the same as Nigeria. Close all your land borders to curb importation of illegal and stupid goods that can be filled in by local producers. Nigeria closed it land borders which affected Nigerians negatively but it payed off because it reduced imports of illegal goods into the country. Nigeria’s import have reduced significantly. Most of our import are tech based import from China and Europe. We now produce many food products that used to be imported from Europe. Ghana needs to do the same.
Every country should
I agree with you bro!
You don't just start producing foodstuffs lol if it was that easy most countries won't depend on Russia and Ukraine for wheat
Yes this really helped Nigeria.
@@subsplease-gk7yo Who eat wheat in Africa again. Where is fufu, Garri, plantain
The transportation fees is one of the worst things ever... Imagine spending more than ¢20 on transportation alone, just to go to school and get back home for just a day🤦🏾♀️
Things are getting expensive each and everyday in Ghana
Is not only Ghana is everywhere
Those saying it's a global thing should quit it! Inflation is heavily dependent on two things in Ghana, in dollar and fuel prices. We mine crude oil in our country, what we mine a day, a quarter of it can meet the country's demand. But we export all at a cheaper price and import the finished product at a higher rate. Mind you, we have a processing plant that can refine the crude but the company doesn't work, it just employs people and pay them hefty at the end of the month. So private individuals import the fuel into the country and sell to us. It will not be in their best interest if the Govt starts producing it's own fuel, because they would stop making money, so they would rather cripple the citizens to make profits.
Ghana don't drill it oil foreign oil and gas companies do and less than 20% of the oil go to Goil
Any source on this? About our refinery not working.
@@ozortony6502 what is drilled is still sold out raw. Not refined.
@@heartsandpearls239 I like the point you're making but actually the oil we produce is far less than 200 thousand barrels a day. And Ghana consumes over 100 thousand barrels a day. Back in 2016 Ghana was already using as much crude oil than we produced if not more. I'm not sure of the statistics in 2022, but with the current trajectory from 2016 it's likely Ghana is already consuming more oil than we produce.
Hmmmmmm
Price of goods just rising. You can't even buy food, how much more can you buy luxurious. We are paying electronic transfer tax yet salaries are the same. No increment
Ghana should start manufacturing their own goods especially regarding food. They have a very fertile land for this.
What about a program about the Runaway prices of
Consumers' goods in the UK?
The reason Ghana have become expensive is because "all items are dollarised". I predicted this happening many years back with African Americans etc relocating to Ghana in particular to settle, promoted by the government of Ghana. This has driven up the cost of everything. This is affecting the local peoples quality of live. My predictions have come to past.
You're absolutely right, this behaviour by the subsequent governments start sometime in middle to late 90s and got to where it is now especially when the current government start to ask Africans in the diaspora to come and settle in Ghana without thinking of the repercussion this will have on the local population most of whom don't have good paying jobs or jobs at all. Those foreigners don't invest in businesses that employ the local population rather their presence has push up the cost of commodities. I blame the government for not thinking through this whole saga of inviting people to come to a country with not so good infrastructure, the private education is expensive, as the government schools are not fit for purpose as they use to be. Property developers sell houses for thousands of dollars which locals can only dream of. Its a problem and the government has run out of ideas.
@@Koloviv48i 💯👏🤝
@@gwennauslot1104 you're welcome.
I'm in Ghana and it's too expensive. Bear in mind that wages are very low in Ghana. A lot of factory floor workers and restaurant waiters receive $70 a month for working 26days a month.
All items? 😂😂😂😂
Your economic intelligence is same as that of a 3yr old.
And you were not in Ghana, you were in another country. Only some real Estate buying and rentals and hotel room prices are quoted in USD. Some few others too. Food prices, transportation, medicals bills and almost every other cost is in our local currency. I've never walked to any Ghanaian shop in a mall or market and see prices quotes in USD. Eve bulk purchases of items are in GHS.
Ghana has been adopting western standards of business regulation and economic management for a long time. Western countries are always associated with higher cost of doing so many. But wages of workers are extremely low. Between $60 and $100 per month for factory and restaurant workers, and thats in Accra. Low salaries and higher taxes and cost just produce challenging environment for workers.
Inflation is high everywhere, so why is BBC talking about Ghana specifically? To put media pressure on the leaders to get IMF loans? STOP THE TRICKS
Cos in Ghana it’s crazy
becuase it is especially bad in Ghana. Not that hard to understand
Am an ivorian who just relocate in Ghana but sometimes I think it was wrong to leave liberia to come here ,I can't even save cent .
It’s very true…the prices of everything is increasing each week. Inflation rate is rising so much and the government is doing nothing to help
That box of tomato's in Nigeria presently is not up to 200 cedis
That's facts
Yeah is more lower
Nairobi is very expensive too. Live here is unbearable. Rents is expensive, education is expensive. Literally everything is soaring high .
Yes but try Accra first. You will run back to Nairobi. Ghana is just to expensive.
How about living cost in Japan, in Dubai, in UK, in Texas and in Russia ? 😔🙏
Every single day prices of items goes up. Unbearable
Things are really really difficult and they don't seem to get better soon
What's happening to Ghana 🇬🇭 right now is Greed. Back in 2015 or so, Ghana had the return to Africa with many blacks wanting to return to their homeland. Many of which selected Ghana because it was welcoming. The Error of the Ghanaian Government and people was to more than double, some cases triple the prices of basic things even homes, potential lands for business, and cost of living in general. Thus, welcoming the Western greedy way of running things rather than maintaining their previous system. Now, most of those same potential investors are pulling out and living the country due to high cost and the citizens are left to suffer for their errors. A country that was in excess, everything has now been commercialized. A time ticking craze...
Absolutely 💯 well said 👏👏👏👏👏👍👍
Yes! This is the truth
If you mean the year of return, it was actually 2019. It was inspired by a cultural movement dating all the way to the 1940s.
So what you are saying is that they basically gentrified Ghana, then left?
Let the world know...Ghana is a hard country to live in...you can spend holidays here in Ghana, but trying to make a living here isnt easy.
This country retrogresses every passing year, we are a nation without leaders. Our leaders and government CEOs are more focused on piling wealth, embezzling public funds than helping the common folk. They are being guarded by the very law that's supposed to protect every citizen.
Now its every week! You buy something for 25gh and in two days it's 30gh. It's soo bad!
Then why do people have kids so much there? If they have the foresight of having kids things must be looking good
@@alecgurney9305 are you uneducated
Same situation in Sri Lanka.
This is a common issue in developing countries.
Same in the UK, No leaders only people worrying about other countries problem like now Ukraine, Illegal immigrants and self interests... Everything in the Uk is also up and keeps on rising, It's becoming more and more of a struggle to only afford the basics... I'm considering moving to Russia or China, Their leaders are working for the best interests of their people... The rest of the West is also going backwards and harder to make a living and opportunities disappearing
Yes is very true, prices has increased drastically. Good job #BBC
I was just there in Ghana, West Africa, and one Taxi Service went from $3000.00 USD value of Car to $8000.00 USD
The prices of goods and services are skyrocketing and the cedi is depreciating at a breakneck speed. Living condition in ghana is very high, the government doesn't increase the salaries of workers but prices of goods and services always going up.
What do you expect when theres a black market hoarding dollars for sale legally.They probably have more dollars hoarded than government. Nothing to do with return diaspora because they go everywhere, south east Africa caribean and prices dont rocket up. Tax by government on imports is high too so the sellers charge consumers additional.
Food remains relatively cheap in Uganda but prices have increased by almost double for consumables like Soap and Cooking Oil.
Even in Sierra Leone Freetown 🇸🇱 😍 prices are high #inflation
The only reason bbc wants to talk about Ghana's economy is to encourage imf bailout.
That is the truth because people inUK which is developed are struggling to even pay bills, rent, etc.
Blame the president who's inviting an exodus of people to move to Ghana. Things will just continue to get worse
@NBA you are all exploiting africa and Africans. Foreigners like you moving to Africa is just gonna make the locals suffer even more because there isn't proper infrastructure in place for that
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
@@rond5936 I know right and things will only get worser for the locals for as long as people from richer countries keep moving in. The unborn generation will suffer even worse than us if we African born keep selling our continent to the highest bidders
Well said 👏 👍
The price of drinking water is going up & up twice in just a week that's absolutely unbelievable inflation in Ghana
This Angola 🇦🇴 thank for watching
What is Africa Ghana? How can a BBC presenter make such a mistake. This proves that the information provided is inaccurate.
it kinda breaks my heart to see forcing himself to smile despite what's happening in his country
If you don’t smile you’ll go mad lol 😆
shuffering and shmiling~ Fela kuti
It hurts me alot to see my country trend with such bad news😔smh...
Very very true because every blessed day there's increment in everything
Ghana is not Accra. The ppl in Accra making themselves expensive.
1 Amnesty TV Fuk what you saying it here 😠 czcams.com/video/8zrfSK6pnpQ/video.html
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
@@andreamadden9153 🌶🌶👎
Accra isn't Ghana but that's where most jobs,schools, government agencies are located, people don't come to Accra because they like it here, they come to Accra because of job opportunities,if the government will develop other regions,trust me only the Ga Mants3 and his family will remain in Accra.
Congratulations Akuffo Addo, we're all over the news.. better managers of the economy my foot !!!
THE TITLE OF THIS REPORT IS VERY VERY MISLEADING...
You should see the situation in Zimbabwe, salaries do not cover a full tank of gas.
When the oil skyrockets, everything will be expensive, that's how financial system works
I'm in Ghana and it's too expensive. Bear in mind that wages are very low in Ghana. A lot of factory floor workers and restaurant waiters receive $70 a month for working 26days a month.
@@rond5936 sorry to hear that ,it is very hard to feed families with so little wage. Your governors should resolve the shortage of essentials
Yeah but not THIS much. Double? My gas a year ago was only 20 cents a gallon less. I’m seeing ingredient and size changes more than prices. A pie I always buy is the same price but without almonds on top now. It’s a much better way.
Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution.
I saw this story on african tigress a guy was really complaining about Ghana price of commodities, we hope all the best for Ghanaians
No solar energy? Exchange by rice or surplus matters?
Ghana 🇬🇭 has become abroad in the midst of African countries. Expenditure and life itself is more than being crucified
I Love Beautiful Ghana
❤💛💚
Yes! Yes! Yes! And YESSSS!!!
interesting
It’s very expensive to live in Ghana
I'm in Ghana, and Since Dec 2021, prices of food items have shot up at least 50%, some have even gone up 100%. Its just crazy. Our corrupt joke of a president, saviour turned destroyer Akuffo Addo is clueless.
In the past, People from our neighbouring countries used to say Ghana is very expensive when they visit, but now it is just unbearable and I dont know what they will say now.
East to grow tomatoes.
Africa in general is going to suffer the most in this. Terrible
I’d say Ukraine is suffering a little more but ok
@@user-sr1pp7sv9q I meant the global recession. Do you forget Africa is a continent with billions of people? I cant be bothered with racists.
Everyone is going to suffer. Not Africa alone. I'm in Ghana, and Since Dec 2021, prices of food items have shot up at least 50%, some have even gone up 100%. Its just crazy. Our corrupt joke of a president, saviour turned destroyer Akuffo Addo is clueless.
@drea Africa has been suffering for years this is not new at all for us . It’s those European countries and America will suffer due to relying on china for import and export.
@@beezcreations5678 Africa will still suffer. Its not that we Africans are immune to suffering. We are not. All people around the world will suffer.
So is the price okay at u.k
3 ugly looking tomatoes now for 10¢
Some venders just triple the prices because they know you'll still buy it..we can't even save money for emergency problems or plan our future .we are stuck and it's all about hand to mouth now.why should food and water be expensive this looks like our government has given us death penalty
Yes we're Struggling here because of poor leadership.🇬🇭🇬🇭
Foreigners invasion is a major contributory factor, the year of return advocacy has really been bought into by the outside world and hence the dominance of dollars in the system undermining the local currency, the cedis.
You just need to do understand that diversity is your strength! So thank all the foreigners for enriching you
@@grandtheftavocado damn you really are just a nazi lolo
@@grandtheftavocado you mean thank all the foreigners for stealing from Africa to make their countries rich
Brilliantly articulated and delivered 👏👏👍
Black Americans need to go back to the US! Locals are suffering because of them
As far as I know, Sierra Leone is the most expensive country to live in Africa, Sierra Leone fuel price per liter is $ 1.145 and Ghana is $ 1.311, and again Sierra Leone has the most expensive gari in Africa, whereby the price of a cup of gari is almost equal to the cup of rice. The electricity and the water bill are the worst in Africa. So BBC you need to recheck again.
God bless Ghana
Ghanaians stay acting like inflation is only in Ghana. News flash, it isn't.
Oh, please, Ghanaians are not saying other countries aren't experiencing the same. Everyone is going through it, but Ghanaians are suffering more. Ghana leads the whole world. I know you are still trying to back the president mtchew.
@@may_beeharuno2195 Ghana leads the whole world lmao you sound educated
@@may_beeharuno2195 "Ghana leads the whole world" Bro i love Africa but what are you talking about..? haha
What do you mean? The video is obviously about the economic crisis, and I am saying everyone is experiencing it, but Ghana is terrible. Ghanaians are facing many more financial problems.
@@may_beeharuno2195 trust me Ghanaians are experiencing the most financial problems
ok but this is happening everywhere. cost of living has skyrocketed where I live and guess what, wages stay the same. Goddamn
It’s happening everywhere but half of our GDP is based on loans
Ghana is so expensive and salaries are too low. Factory floor workers, shop attendants, security workers and restaurant waiters receive the equivalent of (GHS 535) $70 per month in Accra. That's $70 for working 26 days per month. Sometimes their Social Security benefits are not even paid by the employer. It's sad.
And confused Akuffo Addo's government keeps borrowing and importing, increasing taxes, and taking us into more debt.
They should make Video on Zambia's domestic market
Smh! Ghana