Stronger Economy Starts With Our Own Currency: Ghanaian Civic Leaders
Stronger Economy Starts With Our Own Currency: Ghanaian Civic Leaders
Ghana’s recent economic trajectory has drawn renewed attention, and two Ghanaian civic leaders — Zing Micah Yinpang Bavi, President of NDC-Russia Proforum (Ghana), and Ebenezer Yaw Wepari, President of the Association of Compatriots, Ghanaian Community — described the current moment in an interview with Sputnik Africa as a period of steady recovery and policy-driven progress.
Bavi attributed this shift to "good governance and discipline from the John Mahama-led administration," arguing that the most significant outcome so far is "the stability or restoration of the macroeconomic indicators," highlighted by the strengthening of the cedi, falling inflation, and improved GDP performance.
Wepari shared this view, stating that "there are every indication to show that there is progress in Ghana, especially compared to a few months ago," signaling renewed confidence in the nation’s economic direction.
A major contributor to this stability, both leaders noted, is the gold sector. With export earnings rising and reserves expanding, gold has become one of Ghana’s strongest economic pillars.
Bavi described the creation of the Ghana Gold Board as "one of the biggest ideas that the government came up with," emphasizing its strategic role in long-term financial stability.
Wepari also praised the initiative as a "fantastic idea," while underscoring the need for responsible mining practices and proper training to protect the country’s lands and water bodies as production grows.
🪙 Beyond revenue and exports, Bavi stressed the importance of strengthening the cedi itself — moving away from dependence on foreign currencies and prioritizing Ghana’s own. More on that — in the video.
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