several jobs are being created. <\/strong><\/span><\/a><\/p>\n[contextly_sidebar id=”bd3kRImL1MNjJNVz557shCXmMqOtEsbl”]He cited the Accra Brewery Limited (ABL), which recently procured a $100 million production plant with the aim to double the company\u2019s production capacity to buttress his point.<\/p>\n
However a press statement issued by the party and signed by the party’s communications’ director, Nana Akomea indicated that his comments show his insentivity towards the plight of Ghanaians.<\/p>\n
“The NPP regrets that these sentiments of the President betray a deep lack of sensitivity and sympathy for Ghanaian businesses and companies in these trying times.It also betrays a deep misunderstanding and lack of appreciation on the President\u2019s part for the terrible difficulties Ghanaian\u00a0businesses face from the twin evils of dumsor, and rapid cedi depreciation and unstable macro-economy.”<\/p>\n
The party believes it is a miracle for businesses to survive under harsh economic conditions including the cedi depreciation and power crisis.<\/p>\n
“Dumsor has been in effect for three years (since June 2012) during which period the cedi has seen the worst depreciation (since 2001), becoming by mid-2014, the worst depreciated currency in Africa and the world, according to international commentators.<\/p>\n
“Under these difficult conditions, it is a near miracle that businesses in Ghana have survived at all.\u00a0The plight of Ghanaians engaged in small-scale artisanal businesses such as hairdressers, tailors, seamstresses, vulcanizers, auto sprayers, barbers, corn mill operators, cold store operators, is terrible.”<\/p>\n
The party therefore urged the President\u00a0to be “alive to his responsibilities and repeated assurances to end dumsor, stabilize the cedi, reduce interest rates and stabilize the macro-economic environment. He should refrain from pointing fingers at hard pressed Ghanaian businesses and companies at this very trying period.”<\/p>\n
Read the full statement below:<\/strong><\/p>\nPresident Mahama last Friday, May 1st<\/sup> 2015, said that \u201csmart\u201d businesses were not laying off workers, but were rather investing to improve production capacity.<\/p>\nHe further stated that those companies were investing because they had faith in the ability of the government to end the power crisis and improve the country\u2019s electricity generation capacity.<\/p>\n
The President was simply saying that, Ghanaian businesses which were downsizing and laying off workers in these trying times of \u2018dumsor\u2019 were simply not being smart, and had no faith in the government!<\/p>\n
The NPP regrets that these sentiments of the President betray a deep lack of sensitivity and sympathy for Ghanaian businesses and companies in these trying times.<\/p>\n
It also betrays a deep misunderstanding and lack of appreciation on the President\u2019s part for the terrible difficulties Ghanaian\u00a0businesses face from the twin evils of dumsor, and rapid cedi depreciation and unstable macro-economy.<\/p>\n
Dumsor has been in effect for three years (since June 2012) during which period the cedi has seen the worst depreciation (since 2001), becoming by mid-2014, the worst depreciated currency in Africa and the world, according to international commentators.<\/p>\n
Under these difficult conditions, it is a near miracle that businesses in Ghana have survived at all.\u00a0The plight of Ghanaians engaged in small-scale artisanal businesses such as hairdressers, tailors, seamstresses, vulcanizers, auto sprayers, barbers, corn mill operators, cold store operators, is terrible.<\/p>\n
Even bigger companies and businesses, many of them multinationals, have come under enormous stress.<\/p>\n
These reputable companies and businesses, including Coca cola\u00a0Ltd, Newmont Ltd., Tullow Ltd., Blue Skies Ltd., etc, have had to lay off or planning to lay off thousands of Ghanaian casual and permanent workers, all in an effort to survive in this\u00a0 climate of dumsor.<\/p>\n
The least these companies expect is for the President to live up to his own several assurances on ending dumsor and stabilizing the cedi.<\/p>\n
It is cruel, insensitive treatment of Ghanaian companies for their own President to run them down and deride them by intimating that these companies and businesses are not \u201csmart\u201d and do not believe in the government\u2019s ability to end \u2018dumsor\u2019.<\/p>\n
The President, right from 2012 up to May Day 2015, has described \u2018dumsor\u2019 as a \u201ctemporary\u201d situation. A \u201ctemporary\u201d situation that has persisted continuously for three (3) years.<\/p>\n
The NPP urges President Mahama to be alive to his responsibilities and repeated assurances to end dumsor, stabilize the cedi, reduce interest rates and stabilize the macro-economic environment. He should refrain from pointing fingers at hard pressed Ghanaian businesses and companies at this very trying period.<\/p>\n
We urge the President to ask himself if he has been smart in resolving \u2018dumsor\u2019, resolving the cedi\u2019s rapid depreciation over the last 3years, resolving high-interest rate and resolving the unstable macro-economic environment.<\/p>\n
–<\/p>\n
By: Marian Efe Ansah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
The New Patriotic Party(NPP) has described President Mahama’s May Day comments about businesses laying off workers in the country \u00a0as insensitive. The party said the president’s comment that smart businesses are not laying off workers \u00a0but investing more resources to expand their production in Ghana betrays his lack sympathy for Ghanaian business The President made […]<\/p>\n","protected":false},"author":14,"featured_media":61812,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[43,38],"yoast_head":"\n
Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The New Patriotic Party(NPP) has described President Mahama’s May Day comments about businesses laying off workers in the country \u00a0as insensitive. The party said the president’s comment that smart businesses are not laying off workers \u00a0but investing more resources to expand their production in Ghana betrays his lack sympathy for Ghanaian business The President made […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-03T18:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-05-03T18:19:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/11\/MG_0330.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/\",\"url\":\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/\",\"name\":\"Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2015-05-03T18:00:56+00:00\",\"dateModified\":\"2015-05-03T18:19:13+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mahama is ‘insensitive’ – NPP\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\",\"name\":\"Kojo Akoto Boateng\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"caption\":\"Kojo Akoto Boateng\"},\"url\":\"https:\/\/citifmonline.com\/author\/kojo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/","og_locale":"en_US","og_type":"article","og_title":"Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always","og_description":"The New Patriotic Party(NPP) has described President Mahama’s May Day comments about businesses laying off workers in the country \u00a0as insensitive. The party said the president’s comment that smart businesses are not laying off workers \u00a0but investing more resources to expand their production in Ghana betrays his lack sympathy for Ghanaian business The President made […]","og_url":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2015-05-03T18:00:56+00:00","article_modified_time":"2015-05-03T18:19:13+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/11\/MG_0330.jpg","type":"image\/jpeg"}],"author":"Kojo Akoto Boateng","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Kojo Akoto Boateng","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/","url":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/","name":"Mahama is 'insensitive' - NPP - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2015-05-03T18:00:56+00:00","dateModified":"2015-05-03T18:19:13+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2015\/05\/mahama-is-insensitive-npp\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"Mahama is ‘insensitive’ – NPP"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1","name":"Kojo Akoto Boateng","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","caption":"Kojo Akoto Boateng"},"url":"https:\/\/citifmonline.com\/author\/kojo\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/113470"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=113470"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/113470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media\/61812"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=113470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=113470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=113470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}