No Ghanaian musician can boast of $200k in his bank account – CEO of Consumer Protection Agency

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Talk they say is cheap and that might be the reason why Ghanaian musicians keep ranting especially in reference to their possessions. These days, those whose music career are on life support still come out to brag about their wealth kind courtesy social media.

Ahh well, Kofi Kapito who happens to be the Chief Executive Officer (CEO) of the Consumer Protection Agency has shamed Ghanaian musicians who boast with their meagre earnings.

He confidently stated that Ghanaian musicians who talk with excessive pride and self-satisfaction about their achievements, possessions, music abilities yet cannot boast of two hundred thousand US dollars [$200,000] sitting comfortably in their bank account.

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Kapito told Kojo Preko Dankwa, host of Starr FM’s ‘Morning Zoo’, that Ghanaian musicians lack knowledge on how the music distribution chain works so are unable to cash in on their talents.

Shatta X Stonebwoy X Kofi Kapito
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He, however, applauded Ghanaian artistes for their good music records.

“Here in Ghana, mediocrity sells. because I asked people how much money do these Ghanaian artistes have yet they go around Accra, boasting that they’re rich when they are given some small money and a used car.

I don’t think these Ghanaian musicians can even boast of a bank account of $200,000. Music is not all about singing but it entails a lot. In Ghana, our musicians are good when it comes to recording good music but what comes after you’re done with the records is what matters and they lack that.” Kapito stated.

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