‘Many domestic and foreign investors have adopted a wait-and-see attitude’ – Mahama

Nana Addo Dankwa Akufo-Addo is “a president who just doesn’t get it,” John Mahama has asserted.
He was decrying what he called the nepotism, corruption and maladministration of the ruling New Patriotic Party (NPP).
He noted inflation rising beyond 50 per cent and currently “hovering above 20 per cent,” and the worrying depreciation of the Ghana cedi.
Mahama expressed profound displeasure for what he observed as a disappointing performance by the NPP’s touted economic whiz kid and leader of the economic management team (EMT), Dr Alhaji Mahamudu Bawumia, who oddly seeks to be given the steering wheel of the “crashed Ghanaian vehicle or state”.
The former president and flagbearer of the National Democratic Congress (NDC), speaking at the launch of the party’s 2024 manifesto in Winneba, August 24, noted investor confidence had, consequently, dwindled.
Notwithstanding, he said same investors were hopeful Ghanaians would use their democratic rights on December 7 to effect a change which will result in a booming economy and prosperity for all.
“Many domestic and foreign investors have adopted a wait-and-see attitude. Many of them I have met have told me that they are waiting for a signal from the Ghanaian people.
“That the political and business environment is going to change for the better; that we’re going to effect a change of course so that we can provide a reasonable environment for them to put in their investments,” Mahama said.
Trending Business
Anchor 24-hour economy on agriculture and manufacturing -GFL to gov't
01:07COCOBOD board chair pledges modernisation to support 24-hour economy policy
04:05Banking sector clean-up: Ex-NPP Youth Organiser refutes Frank Adu's claims, says sector stronger than ever
11:02Agric Minister woos Turkish tractor manufacturer to set up plant in Ghana
10:41GRA targets September 2025 to finalise VAT reforms ahead of 2026 budget
09:46Food Suppliers Association praises President Mahama's Initiative
08:28President Mahama proposes aviation partnership with Portugal to reestablish Ghana’s national airline
14:04Gov't to capitalise Agricultural Development Bank in 2026 – Finance Minister
02:49No room for excessive salaries in SOEs – Ato Forson warns CBG board
04:38GIPC to launch groundbreaking nationwide investment mapping
01:56