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Business News of Sunday, 25 August 2024

Source: classfmonline.com

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

NDC flagbearer, John Dramani Mahama NDC flagbearer, John Dramani Mahama

Flagbearer of the National Democratic Congress, John Dramani Mahama, has said many domestic and foreign investors have adopted a wait-and-see attitude.

He bemoaned the high inflation rate and the free fall of the local currency - Cedi.

Mahama expressed his 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 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.