No Ghanaian Musician Has Up To $200,000 – Kofi Kapito

The Chief Executive Officer (CEO) of the Consumer Protection Agency, Kofi Kapito has called out Ghanaian musicians who boast with their meagre earnings as according to him, they cannot boast of two thousand dollars.

According to Kapito, Ghanaian musicians boast about their achievements, possessions, music abilities yet, they cannot boast of two hundred thousand US dollars in their bank accounts.

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

Kapito said;

“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.”