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“If the lessons had been learnt, a $1.7bn loss would not have been incurred again in 2025” — Kwadwo Nsafoah Poku Energy Analyst and NPP member Kwadwo Nsafoah Poku argues that the Bank of Ghana should have applied lessons from the forex losses recorded in 2024 under the previous...

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13,452 görüntüleme • 1 ay önce •via X (Twitter)

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Kojo Is Telling The Truth Here , The Loss Was For BOG And It’s How The Program Was Designed , Literally When All The End Of Year Reports Are Fully Done Again From 2021-2024 It Will Shock You . Way Forward Is To Find A Way To Zero Down The Loss/Cost 🤔🤔🤔🤔😎😎😎😎🇬🇭🇬🇭🇬🇭🇬🇭🇬🇭🇬🇭🇬🇭

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Benzer Videolar

I sympathise with anybody who heads the energy sector, but the utterances made by the members of this government when they were in opposition about the energy sector are what is hurting them now. - Kwadwo Poku Nsafoah, Energy Expert and Member of NPP #TV3NewDay #TV3GH
6:06

I sympathise with anybody who heads the energy sector, but the utterances made by the members of this government when they were in opposition about the energy sector are what is hurting them now. - Kwadwo Poku Nsafoah, Energy Expert and Member of NPP #TV3NewDay #TV3GH

#TV3GH

11,281 görüntüleme • 5 ay önce

“There is no hunger in Ghana, citizens have just developed a taste for higher standards of living, hence the complaints about economic hardship”- Ghanaian businessman and key member of the Bawumia 2024 Campaign Team, Hon. Kwadwo Nsafoah Poku.
4:15

“There is no hunger in Ghana, citizens have just developed a taste for higher standards of living, hence the complaints about economic hardship”- Ghanaian businessman and key member of the Bawumia 2024 Campaign Team, Hon. Kwadwo Nsafoah Poku.

SIKAOFFICIAL🦍

130,968 görüntüleme • 1 yıl önce

The People’s Alliance for Governance and Accountability (PAGA) is demanding full disclosure of the transactions and pricing arrangements behind Ghana’s Domestic Gold Purchase Programme. The group says the reported US$1.7 billion loss in 2025 should not be reduced to a dispute over whether the Bank of Ghana or GoldBod bears the loss, insisting that the key issue is accountability over how public funds were used. #GoldBod #BankOfGhana #GhanaNews #CitiFM #ChannelOneTV
4:45

The People’s Alliance for Governance and Accountability (PAGA) is demanding full disclosure of the transactions and pricing arrangements behind Ghana’s Domestic Gold Purchase Programme. The group says the reported US$1.7 billion loss in 2025 should not be reduced to a dispute over whether the Bank of Ghana or GoldBod bears the loss, insisting that the key issue is accountability over how public funds were used. #GoldBod #BankOfGhana #GhanaNews #CitiFM #ChannelOneTV

CITI FM 97.3

17,101 görüntüleme • 1 ay önce

“GoldBod must name the foreign buyers of Ghana’s gold” — Amin Adam Former Finance Minister Dr Mohammed Amin Adam is demanding that GoldBod disclose the names of companies buying Ghana’s gold, along with the commercial terms governing the transactions. He says the call for transparency is particularly important amid the reported US$1.7 billion loss under the Domestic Gold Purchase Programme in 2025. Watch here: #GoldBod #AminAdam #GoldTrading #GhanaGold #Transparency #Accountability #GhanaEconomy #ChannelOneTV
1:54

“GoldBod must name the foreign buyers of Ghana’s gold” — Amin Adam Former Finance Minister Dr Mohammed Amin Adam is demanding that GoldBod disclose the names of companies buying Ghana’s gold, along with the commercial terms governing the transactions. He says the call for transparency is particularly important amid the reported US$1.7 billion loss under the Domestic Gold Purchase Programme in 2025. Watch here: #GoldBod #AminAdam #GoldTrading #GhanaGold #Transparency #Accountability #GhanaEconomy #ChannelOneTV

CITI FM 97.3

18,531 görüntüleme • 1 ay önce

“Let’s forget about the personality attacks. This is not an NPP-NDC banter; it is a serious matter that affects bread-and-butter issues.” The Minority Leader Alexander Afenyo-Markin is demanding answers on the reported GH¢22 billion in losses linked to GoldBod and the Bank of Ghana, questioning gold purchase prices, commissions, bonuses and off-taker transactions. He says the losses could further strain Ghana’s fiscal space at a time when government says it lacks resources for jobs and critical infrastructure. #ChannelOneNews #GoldBod #BankOfGhana #Economy #GhanaNews
1:50

“Let’s forget about the personality attacks. This is not an NPP-NDC banter; it is a serious matter that affects bread-and-butter issues.” The Minority Leader Alexander Afenyo-Markin is demanding answers on the reported GH¢22 billion in losses linked to GoldBod and the Bank of Ghana, questioning gold purchase prices, commissions, bonuses and off-taker transactions. He says the losses could further strain Ghana’s fiscal space at a time when government says it lacks resources for jobs and critical infrastructure. #ChannelOneNews #GoldBod #BankOfGhana #Economy #GhanaNews

CITI FM 97.3

36,742 görüntüleme • 1 ay önce

“Do you know that if the NPP were in power, the abduction of the President of Venezuela, Nicolás Maduro would have been a reason for fuel prices to go up? “ —The Acting CEO of the Ghana Petroleum Authority, Lawyer Edudzi Tamekloe speaks on the achievements of the current Mahama administration in stabilizing the economy, while also criticizing the previous NPP government for its mismanagement of the economy.
2:45

“Do you know that if the NPP were in power, the abduction of the President of Venezuela, Nicolás Maduro would have been a reason for fuel prices to go up? “ —The Acting CEO of the Ghana Petroleum Authority, Lawyer Edudzi Tamekloe speaks on the achievements of the current Mahama administration in stabilizing the economy, while also criticizing the previous NPP government for its mismanagement of the economy.

SIKAOFFICIAL🦍

81,043 görüntüleme • 9 ay önce

“Afenyo-Markin can take back his choice of words, but it doesn’t take us away from the GH₵22bn losses” — Dr. Dickson Adomako Kissi (Hon. Dr. Adomako Kissi) Former MP for Anyaa Sowutuom, Dr. Dickson Adomako Kissi, says Afenyo-Markin’s comments may have been off-the-cuff, but the focus should remain on determining the true cost of the Domestic Gold Purchase Programme. Watch here: #BreakfastDaily #DomesticGoldPurchaseProgramme #GoldBod #GoldBodLosses #AfenyoMarkin #DicksonAdomakoKissi #ChannelOneTV
2:10

“Afenyo-Markin can take back his choice of words, but it doesn’t take us away from the GH₵22bn losses” — Dr. Dickson Adomako Kissi (Hon. Dr. Adomako Kissi) Former MP for Anyaa Sowutuom, Dr. Dickson Adomako Kissi, says Afenyo-Markin’s comments may have been off-the-cuff, but the focus should remain on determining the true cost of the Domestic Gold Purchase Programme. Watch here: #BreakfastDaily #DomesticGoldPurchaseProgramme #GoldBod #GoldBodLosses #AfenyoMarkin #DicksonAdomakoKissi #ChannelOneTV

CITI FM 97.3

12,501 görüntüleme • 1 ay önce

“If we cannot account for whether we have actually made profits or not, then we might as well just sell everything, give up.” - Prof. Godfred Bokpin, Economist and Professor of Finance at UGBS. He says economic stabilisation should not be pursued regardless of the cost, and that the full cost and outcome of the gold purchase programme must be properly evaluated. Watch more here: #ThePointOfView #GoldBod #IMF #BankOfGhana #ProfGodfredBokpin #GhanaNews #ChannelOneNews #CitiFM
2:06

“If we cannot account for whether we have actually made profits or not, then we might as well just sell everything, give up.” - Prof. Godfred Bokpin, Economist and Professor of Finance at UGBS. He says economic stabilisation should not be pursued regardless of the cost, and that the full cost and outcome of the gold purchase programme must be properly evaluated. Watch more here: #ThePointOfView #GoldBod #IMF #BankOfGhana #ProfGodfredBokpin #GhanaNews #ChannelOneNews #CitiFM

CITI FM 97.3

15,863 görüntüleme • 1 ay önce

Former Minister of State in charge of Finance, Abena Osei-Asare, is calling on President John Mahama to initiate a thorough investigation into the reported losses incurred by the Ghana Gold Board, GoldBod, in its operations. The Chairperson of Parliament’s Public Accounts Committee claims that six billion Ghana cedis of the 1.7 billion-dollar loss reportedly attributed to GoldBod by the IMF could have been used to recruit unemployed nurses. #3NewsGH #TV3GH
1:17

Former Minister of State in charge of Finance, Abena Osei-Asare, is calling on President John Mahama to initiate a thorough investigation into the reported losses incurred by the Ghana Gold Board, GoldBod, in its operations. The Chairperson of Parliament’s Public Accounts Committee claims that six billion Ghana cedis of the 1.7 billion-dollar loss reportedly attributed to GoldBod by the IMF could have been used to recruit unemployed nurses. #3NewsGH #TV3GH

#TV3GH

49,004 görüntüleme • 1 ay önce

The difference between NDC and NPP is that NPP think of generations to come but NDC think of the now for the applause. Only time will tell. In 2023, Ghana’s gold reserves were 8.78 tonnes since Nkrumah era but visionary Dr. Bawumia came up with the Gold Purchase programme which is a policy where the BOG buys gold locally from miners using cedis, then keeps that gold as part of the country’s official reserves. By December 2024, these reserves had risen from 8.78 tonnes since the inception of Ghana to 30.53 tonnes , meaning the NPPs strategy helped add 21.75 tonnes of gold. Dr. Bawumia introduced the gold Purchase programme to solve specific economic challenges facing Ghana; to stabilize the cedi, to build reserves without borrowing, to reduce reliance on external financing, to formalize small scale mining and stop smuggling etc. I’m glad yesterday, Sammy Gyamfi and Senyo Hosi applauded the visionary Dr.Bawumia for the Gold Purchase Programme which has been beneficial to GOLDBOD and Ghana at large.
1:59

The difference between NDC and NPP is that NPP think of generations to come but NDC think of the now for the applause. Only time will tell. In 2023, Ghana’s gold reserves were 8.78 tonnes since Nkrumah era but visionary Dr. Bawumia came up with the Gold Purchase programme which is a policy where the BOG buys gold locally from miners using cedis, then keeps that gold as part of the country’s official reserves. By December 2024, these reserves had risen from 8.78 tonnes since the inception of Ghana to 30.53 tonnes , meaning the NPPs strategy helped add 21.75 tonnes of gold. Dr. Bawumia introduced the gold Purchase programme to solve specific economic challenges facing Ghana; to stabilize the cedi, to build reserves without borrowing, to reduce reliance on external financing, to formalize small scale mining and stop smuggling etc. I’m glad yesterday, Sammy Gyamfi and Senyo Hosi applauded the visionary Dr.Bawumia for the Gold Purchase Programme which has been beneficial to GOLDBOD and Ghana at large.

CHARLOTTE NICOLE 🕊

10,671 görüntüleme • 9 ay önce

Sammy Gyamfi’s entire press conference boils down to this: Dear Ghanaians, yes…. we (the NDC government) have recorded losses of about 22 billion cedis in our gold businesses. But Goldbod is not to blame, because the IMF report did not specifically name Goldbod as the source of those losses. Think about it: if I take a loan from a bank to do business and end up making losses while buying and selling, according to Sammy Gyamfi I should blame the bank for giving me the money in the first place. I honestly thought this press conference was meant to deny or debunk the reports of such massive losses. Instead, Sammy Gyamfi openly admits that the losses are real, while trying to clear himself and Goldbod of any responsibility. It’s clear, let’s push the blame onto the Bank of Ghana. Time wasted k3k3.
1:41

Sammy Gyamfi’s entire press conference boils down to this: Dear Ghanaians, yes…. we (the NDC government) have recorded losses of about 22 billion cedis in our gold businesses. But Goldbod is not to blame, because the IMF report did not specifically name Goldbod as the source of those losses. Think about it: if I take a loan from a bank to do business and end up making losses while buying and selling, according to Sammy Gyamfi I should blame the bank for giving me the money in the first place. I honestly thought this press conference was meant to deny or debunk the reports of such massive losses. Instead, Sammy Gyamfi openly admits that the losses are real, while trying to clear himself and Goldbod of any responsibility. It’s clear, let’s push the blame onto the Bank of Ghana. Time wasted k3k3.

Mr Irish

36,639 görüntüleme • 1 ay önce

Since this GoldBod conversation refuses to go away, I joined Eric Mawuena Egbeta on #TV3GH some minutes ago to discuss it. There are factual claims that can be made, and there are inferences that can be drawn from those facts. Here are the facts: - No one can dispute the fact that the domestic gold purchasing programme helped build Ghana’s reserves and had downstream impacts on the economy, but also incurred significant losses. - No one can dispute the fact that GoldBod played a significant role in helping the Bank of Ghana implement the programme. - It is a fact that GoldBod’s financial statements do not show any of those losses. - It is also a fact that the ASM component of the DGPP was the largest component, and that is where the losses occurred. It is also the part of the programme where GoldBod predominantly operated. However, when you disaggregate the losses, the largest component came from the exchange rate at which the gold was purchased versus the exchange rate at which the resulting dollars were sold or translated. Because GoldBod purchased the gold and had to use pricing incentives (bonuses) to compete with smugglers, some of the losses can be traced to its operations. Those losses do not appear in its financial statements because GoldBod operated as an agent of the Bank of Ghana and essentially earned fees for providing the service. The government itself recognises that the losses are unsustainable, which is why it is planning to reduce the cost from around 15% to 5%. The most important issue going forward is that GoldBod now has control over the entire value chain. The conversation therefore has to be about how it can operate the chain sustainably without becoming a burden on the budget. Most importantly, how does Ghana generate meaningful fiscal revenue from the small-scale mining sector to support our development needs? And how do we do all of this while fighting galamsey and protecting our rivers and forests? We should be able to discuss these issues dispassionately without turning every question about GoldBod and reserve accumulation into a partisan argument.
10:22

Since this GoldBod conversation refuses to go away, I joined Eric Mawuena Egbeta on #TV3GH some minutes ago to discuss it. There are factual claims that can be made, and there are inferences that can be drawn from those facts. Here are the facts: - No one can dispute the fact that the domestic gold purchasing programme helped build Ghana’s reserves and had downstream impacts on the economy, but also incurred significant losses. - No one can dispute the fact that GoldBod played a significant role in helping the Bank of Ghana implement the programme. - It is a fact that GoldBod’s financial statements do not show any of those losses. - It is also a fact that the ASM component of the DGPP was the largest component, and that is where the losses occurred. It is also the part of the programme where GoldBod predominantly operated. However, when you disaggregate the losses, the largest component came from the exchange rate at which the gold was purchased versus the exchange rate at which the resulting dollars were sold or translated. Because GoldBod purchased the gold and had to use pricing incentives (bonuses) to compete with smugglers, some of the losses can be traced to its operations. Those losses do not appear in its financial statements because GoldBod operated as an agent of the Bank of Ghana and essentially earned fees for providing the service. The government itself recognises that the losses are unsustainable, which is why it is planning to reduce the cost from around 15% to 5%. The most important issue going forward is that GoldBod now has control over the entire value chain. The conversation therefore has to be about how it can operate the chain sustainably without becoming a burden on the budget. Most importantly, how does Ghana generate meaningful fiscal revenue from the small-scale mining sector to support our development needs? And how do we do all of this while fighting galamsey and protecting our rivers and forests? We should be able to discuss these issues dispassionately without turning every question about GoldBod and reserve accumulation into a partisan argument.

Alfred

16,133 görüntüleme • 1 ay önce

Knott: Had there not been a mob that rushed the capitol, if they had obeyed the instruction, go peacefully and patriotically, we would not be here. Isn't that correct? Smith: Well, in that case, Donald Trump wouldn't have done many of the things— Knott: No, no, no, I'm just asking if they had gone peacefully and patriotically, we would not have had a special prosecutor. President Trump would not have been indicted. There would not have been, quote, the attack on the foundations of our democracy. Correct? Smith: That's a hypothetical. And I think it's a counterfactual hypothetical.
1:03

Knott: Had there not been a mob that rushed the capitol, if they had obeyed the instruction, go peacefully and patriotically, we would not be here. Isn't that correct? Smith: Well, in that case, Donald Trump wouldn't have done many of the things— Knott: No, no, no, I'm just asking if they had gone peacefully and patriotically, we would not have had a special prosecutor. President Trump would not have been indicted. There would not have been, quote, the attack on the foundations of our democracy. Correct? Smith: That's a hypothetical. And I think it's a counterfactual hypothetical.

Acyn

193,389 görüntüleme • 8 ay önce

House Intel Chairman and Republican Rep. Rick Crawford said after conversations with Secs. Marco Rubio and Pete Hegseth that he is comfortable with “what they have planned for the future of Venezuela.” Rep. Crawford also said action should have been taken under the previous administration. “We have a president here in office here now that’s not playing around.”
3:29

House Intel Chairman and Republican Rep. Rick Crawford said after conversations with Secs. Marco Rubio and Pete Hegseth that he is comfortable with “what they have planned for the future of Venezuela.” Rep. Crawford also said action should have been taken under the previous administration. “We have a president here in office here now that’s not playing around.”

CBS News

65,393 görüntüleme • 9 ay önce

*Dr. Gideon Boako writes on Cedi Performance and the underpinning Bawumia Formula* *Like the typical NDC, our Goldbod CEO, Sammy Gyamfi, is failing to appreciate the issues and show gratitude for implementing the Bawumia Formula.* They steal your ideas and insult you on top of it!_ 1. First, why are we all celebrating a stronger cedi today? 2. Yesterday, the Finance Minister attributed the cedi’s strong performance to the NPP’s Gold for Forex initiative! Well, he said the programme of the GoldBod to buy and sell gold. Yes, Gold4Forex! 3. ⁠But, how did it all begin? Whose idea was it to leverage our gold to stabilise our currency, the cedi? 4. ⁠It was Bawumia! He found a solution to the problem that the country had battled with since the 1960s without success, cedi depreciation. 5. ⁠*It was Bawumia who realised that we can use our own gold to protect our local currency* and he started on two fronts: (a) by doing what no government had done before, building up Ghana’s gold reserves heavily and (b) by selling gold to tackle a forex problem for buying the one commodity that affects the price of everything, petrol/diesel, with the Gold for Oil initiative. *Remember that G4O was a pilot scheme*. 6. ⁠The experiment worked, with the Central Bank accumulating gold reserves and releasing cedis for PMMC to buy gold for forex. Indeed, BoG used gold for forex (G4FX) for several items, including drugs, legitimate repatriation of profits for multinationals, eg, $211m for MTN stuck here for years. 7. ⁠*Bawumia promised in 2024 to institutionalise Gold for Forex to make it the main basic anchor for cedi’s stability.* 8. ⁠He laid out his plans in the NPP’s 2024 Manifesto. The NDC read it. Liked it. 7. ⁠He did not win, but the NDC which won saw wisdom in it and, with the GoldBod, has made G4FX their only known key policy! Not even 24 Hour Economy has happened! 8. ⁠But, when Bawumia started this G4FX agenda, the NDC called him all sorts of names. They said it could not yield any results. They even described it as corrupt! But Bawumia believed in his ideas, and he had the support of his boss, President Akufo-Addo, to pursue the plan. Today, we are here because of Bawumia’s brains, his vision, and his ability to find solutions to Ghana’s problems. 9. ⁠*Today, not only NDC, all gold producing economies in Africa, including Namibia and Burkina Faso, are using the Bawumia Gold Formula to achieve macroeconomic stability and protect their economies.* 10. ⁠But, is the Mahama government going about it the right way? We doubt it. We are worried. 11. ⁠The aim of Bawumia and the NPP was to build both gold and gross international reserves to appreciable levels before seeking to inject dollars into the economy as a measure to contain depreciation. 12. ⁠The NDC has neglected building up our gold reserves since January and only focusing on buying gold for forex. This imbalance will cost us dearly if not fixed quickly. 13. ⁠You cannot continue injecting dollars without addressing the structural defects that keep the local currency on the depreciating path. 14. ⁠Gold for Forex is one thing, but where is the industrialisation policy too? 15. ⁠If today’s quantum of reserves had not been built by the previous government, there is no way the current government could pump such a huge amount of dollars into the market to contain the depreciation. 16. ⁠If the NPP government had not thought about the future, the cedi would have been suffering today. Mahama should think about the future like we did, start again to build higher gold reserves, and let’s see his industrialisation programme as well. 17. ⁠For now, please thank Bawumia and the NPP for bringing the idea of using our gold to stabilise our cedi. Don't be ungrateful. Ghana succeeds for all of us. Shalom.
1:31

*Dr. Gideon Boako writes on Cedi Performance and the underpinning Bawumia Formula* *Like the typical NDC, our Goldbod CEO, Sammy Gyamfi, is failing to appreciate the issues and show gratitude for implementing the Bawumia Formula.* They steal your ideas and insult you on top of it!_ 1. First, why are we all celebrating a stronger cedi today? 2. Yesterday, the Finance Minister attributed the cedi’s strong performance to the NPP’s Gold for Forex initiative! Well, he said the programme of the GoldBod to buy and sell gold. Yes, Gold4Forex! 3. ⁠But, how did it all begin? Whose idea was it to leverage our gold to stabilise our currency, the cedi? 4. ⁠It was Bawumia! He found a solution to the problem that the country had battled with since the 1960s without success, cedi depreciation. 5. ⁠*It was Bawumia who realised that we can use our own gold to protect our local currency* and he started on two fronts: (a) by doing what no government had done before, building up Ghana’s gold reserves heavily and (b) by selling gold to tackle a forex problem for buying the one commodity that affects the price of everything, petrol/diesel, with the Gold for Oil initiative. *Remember that G4O was a pilot scheme*. 6. ⁠The experiment worked, with the Central Bank accumulating gold reserves and releasing cedis for PMMC to buy gold for forex. Indeed, BoG used gold for forex (G4FX) for several items, including drugs, legitimate repatriation of profits for multinationals, eg, $211m for MTN stuck here for years. 7. ⁠*Bawumia promised in 2024 to institutionalise Gold for Forex to make it the main basic anchor for cedi’s stability.* 8. ⁠He laid out his plans in the NPP’s 2024 Manifesto. The NDC read it. Liked it. 7. ⁠He did not win, but the NDC which won saw wisdom in it and, with the GoldBod, has made G4FX their only known key policy! Not even 24 Hour Economy has happened! 8. ⁠But, when Bawumia started this G4FX agenda, the NDC called him all sorts of names. They said it could not yield any results. They even described it as corrupt! But Bawumia believed in his ideas, and he had the support of his boss, President Akufo-Addo, to pursue the plan. Today, we are here because of Bawumia’s brains, his vision, and his ability to find solutions to Ghana’s problems. 9. ⁠*Today, not only NDC, all gold producing economies in Africa, including Namibia and Burkina Faso, are using the Bawumia Gold Formula to achieve macroeconomic stability and protect their economies.* 10. ⁠But, is the Mahama government going about it the right way? We doubt it. We are worried. 11. ⁠The aim of Bawumia and the NPP was to build both gold and gross international reserves to appreciable levels before seeking to inject dollars into the economy as a measure to contain depreciation. 12. ⁠The NDC has neglected building up our gold reserves since January and only focusing on buying gold for forex. This imbalance will cost us dearly if not fixed quickly. 13. ⁠You cannot continue injecting dollars without addressing the structural defects that keep the local currency on the depreciating path. 14. ⁠Gold for Forex is one thing, but where is the industrialisation policy too? 15. ⁠If today’s quantum of reserves had not been built by the previous government, there is no way the current government could pump such a huge amount of dollars into the market to contain the depreciation. 16. ⁠If the NPP government had not thought about the future, the cedi would have been suffering today. Mahama should think about the future like we did, start again to build higher gold reserves, and let’s see his industrialisation programme as well. 17. ⁠For now, please thank Bawumia and the NPP for bringing the idea of using our gold to stabilise our cedi. Don't be ungrateful. Ghana succeeds for all of us. Shalom.

Dr Ekua Amoakoh

12,785 görüntüleme • 1 yıl önce

“You learn some lessons from failure, but I think you learn way more from success.” - Sam Altman “When I look at the lessons where I failed at something, I learned something generic about grit and determination and something not to do, but, most things don't work. There’s a lot of reasons why things don't work. It’s harder to put together the correct causation.” “When I've had something really work, when I understand what parts of Y Combinator really worked or what parts of OpenAI really worked, trying to apply those lessons going forward has been much more helpful to me than trying to apply the anti-lessons of what didn't work.” “You should of course learn as much as you can from every data point. Learn from the failures, learn from the successes. But in my own experience, when I have tried to apply those lessons, the lessons I learned from success were very good and I should have applied those more. And the lessons I learned from failure were either fairly generic and I kind of already knew them, or got in the way of something else.”
1:47

“You learn some lessons from failure, but I think you learn way more from success.” - Sam Altman “When I look at the lessons where I failed at something, I learned something generic about grit and determination and something not to do, but, most things don't work. There’s a lot of reasons why things don't work. It’s harder to put together the correct causation.” “When I've had something really work, when I understand what parts of Y Combinator really worked or what parts of OpenAI really worked, trying to apply those lessons going forward has been much more helpful to me than trying to apply the anti-lessons of what didn't work.” “You should of course learn as much as you can from every data point. Learn from the failures, learn from the successes. But in my own experience, when I have tried to apply those lessons, the lessons I learned from success were very good and I should have applied those more. And the lessons I learned from failure were either fairly generic and I kind of already knew them, or got in the way of something else.”

David Senra

126,163 görüntüleme • 1 ay önce

The Climate, Environment and Technical Administration of Copenhagen Municipality has told TV 2 that the flower planters in which the 44 flags were placed are owned and operated by the United States Embassy as part of the building’s security measures. This means that the embassy itself is responsible for the operation and maintenance of the planters, the administration said. On Tuesday, the embassy removed 44 Danish flags that had been placed in the flower planters by veterans in memory of the 44 Danish soldiers who lost their lives in Afghanistan. In a follow-up response, the U.S. Embassy also addressed TV 2’s question as to whether the removal of the flags would have been handled differently had the motive been known. In an email, the embassy stated that the flags would not have been removed if their purpose had been clear. “If the embassy’s leadership had been aware of the purpose of this action, we would have instructed that the flags remain in place,” the embassy wrote. —TV2
0:24

The Climate, Environment and Technical Administration of Copenhagen Municipality has told TV 2 that the flower planters in which the 44 flags were placed are owned and operated by the United States Embassy as part of the building’s security measures. This means that the embassy itself is responsible for the operation and maintenance of the planters, the administration said. On Tuesday, the embassy removed 44 Danish flags that had been placed in the flower planters by veterans in memory of the 44 Danish soldiers who lost their lives in Afghanistan. In a follow-up response, the U.S. Embassy also addressed TV 2’s question as to whether the removal of the flags would have been handled differently had the motive been known. In an email, the embassy stated that the flags would not have been removed if their purpose had been clear. “If the embassy’s leadership had been aware of the purpose of this action, we would have instructed that the flags remain in place,” the embassy wrote. —TV2

Orla Joelsen

29,920 görüntüleme • 8 ay önce

“Tickets for the Ghana vs. Colombia World Cup match in Kansas City cost $4,000 and above. They are too expensive. Because of this, Black Stars supporters will not be able to attend in large numbers and fill the stadium.” — Kwadwo Nkansah Lil Win says ticket prices for Ghana’s World Cup clash against Colombia are too expensive, adding that the high cost will prevent many Black Stars supporters from attending and that the stadium would have been packed with Ghanaian fans if the tickets had been more affordable.
1:08

“Tickets for the Ghana vs. Colombia World Cup match in Kansas City cost $4,000 and above. They are too expensive. Because of this, Black Stars supporters will not be able to attend in large numbers and fill the stadium.” — Kwadwo Nkansah Lil Win says ticket prices for Ghana’s World Cup clash against Colombia are too expensive, adding that the high cost will prevent many Black Stars supporters from attending and that the stadium would have been packed with Ghanaian fans if the tickets had been more affordable.

𝐀𝐒𝐊

177,670 görüntüleme • 3 ay önce

Last night, I was on Ghana Tonight to share some thoughts on the ongoing debate about the Bank of Ghana’s losses linked to Goldbod’s operations. Here are some of the main points: - Any assessment of Goldbod’s impact must be comprehensive, covering both the positives and the undesirable outcomes. It cannot be about cherry-picking good news stories while spinning or discounting the downsides. The analysis must also account for costs, including environmental impacts (through galamsey) as small-scale gold volumes increase. - Under the current pricing model of buying at a premium and selling at a discount, losses are inevitable in transactions that must settle very quickly. - Profit and loss must matter to Goldbod. It cannot be only about the policy objective of generating forex reserves. If that were the case, we could put an inexperienced person in charge and, as long as forex keeps coming in, the costs would not matter. - These losses matter even more as Goldbod takes over the full operation next year. It will be operating with seed capital from the government. If losses persist, that seed capital would be quickly depleted, requiring government recapitalization. - We continue to advocate for more balanced and rigorous analysis in public policy debates and the assessment of government policies.
9:18

Last night, I was on Ghana Tonight to share some thoughts on the ongoing debate about the Bank of Ghana’s losses linked to Goldbod’s operations. Here are some of the main points: - Any assessment of Goldbod’s impact must be comprehensive, covering both the positives and the undesirable outcomes. It cannot be about cherry-picking good news stories while spinning or discounting the downsides. The analysis must also account for costs, including environmental impacts (through galamsey) as small-scale gold volumes increase. - Under the current pricing model of buying at a premium and selling at a discount, losses are inevitable in transactions that must settle very quickly. - Profit and loss must matter to Goldbod. It cannot be only about the policy objective of generating forex reserves. If that were the case, we could put an inexperienced person in charge and, as long as forex keeps coming in, the costs would not matter. - These losses matter even more as Goldbod takes over the full operation next year. It will be operating with seed capital from the government. If losses persist, that seed capital would be quickly depleted, requiring government recapitalization. - We continue to advocate for more balanced and rigorous analysis in public policy debates and the assessment of government policies.

Alfred

13,845 görüntüleme • 9 ay önce