Nkonkonsa Celebrity Gossip From Africa
Kwaku Manu, a popular Kumawood actor, has raised concerns about the timing of the New Patriotic Party’s flagbearer’s pledge to introduce a credit rating system to help Ghanaians buy goods on credit.
Even though Kwaku Manu doesn’t fully oppose the concept, he thinks there are other more urgent matters in the country besides a credit rating system.
Kwaku Manu, a guest on UTV’s United Showbiz, stated that in order for the policy to be successful, improvements in other areas of Ghanaian society, such as jobs and decent wages, are necessary.
“Jobs are more important than a credit scoring system because if you are unemployed, you can’t generate positive credit ratings to borrow things. Elsewhere, for you to get a credit card, you must be gainfully employed. Your wealth status determines the limit of your credit rating.
“Here in Ghana, those employed are fewer than those without jobs. The unemployed graduates are more than the employed ones. People are always in debt because things are expensive, and times are hard in this country. I will plead with the government to have mercy on us and run the country well so that we all can benefit,” he said.
Dr. Bawumia, who is campaigning to become the president of Ghana, has made the credit scoring system a top priority.
Dr. Bawumia pointed out in a Facebook post the progress of the country, including the introduction of the Ghana Card, database consolidation, and the expansion of financial inclusion with mobile money interoperability.
He claimed that these advancements paved the way for the establishment of a credit scoring system.
“Among many benefits, the operation of a credit scoring system will make it easier for the ordinary Ghanaian to purchase essentials such as cars and mobile phones, and obtain loans at lower interest rates,” Dr. Bawumia stated.
Jobs More Important Than Credit Scoring System – Kwaku Manu to Dr. Bawumia#UnitedShowbiz pic.twitter.com/KXgTFYvYk8
— UTV Ghana (@utvghana) July 27, 2024
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