Business & EconomyEducationGlobal AffairsMENA Spotlight
Trending

Former Ghanaian President Eyes Leadership Role Once More

Former president John Mahama faces a defining moment as he prepares to reclaim power in Ghana’s 2024 elections. The country experiences its worst economic crisis in decades while he campaigns to lead Ghana again. The national currency has lost much of its value, and inflation rates exceed 40%. Mahama’s campaign creates a remarkable chapter in Ghana’s democratic journey because he could become the first former president to return through elections.

Ghana’s political world looks quite different from what it was during Mahama’s previous term that ended in 2017. His campaign tackles the country’s urgent economic problems with a mix of his past experience and fresh policy ideas. The timing of his leadership bid coincides with Ghanaians’ search to find answers to their growing economic burdens. People now look for seasoned leadership to help navigate through these challenging times.

Ghana’s Economic Crisis and Mahama’s Vision

Ghana’s economy faces its most important challenges today. Recent data reveals unemployment has hit 15%, while youth unemployment stands at 32%. The Ghana Statistical Service reports that 7.3 million Ghanaians live in severe poverty and 2 million people cannot find proper jobs.

Mahama has created a detailed economic recovery plan to tackle these issues. His signature “24-hour economy” initiative wants to help businesses and government agencies work around the clock through a three-shift system. The proposed economic changes include:

  • 24-hour port and customs services
  • Round-the-clock DVLA operations
  • Continuous agro-processing and manufacturing
  • Extended hours for construction companies

The IMF-supported program has helped stabilize the economy somewhat. Inflation dropped from 54.1% in December 2022 to 23.2% in December 2023. But Mahama believes Ghana’s economy needs more dramatic action to solve its basic problems.

His economic agenda focuses on modern agriculture, agribusiness growth, and adding value to reduce imports. The former president plans to create a strong fiscal policy framework that will reset government’s priorities and cut waste. He will also set up an Independent Fiscal Council to maintain fiscal discipline.

Evolution of Leadership Style

John Mahama’s leadership style has changed dramatically since his last term as Ghana’s president. Political analysts and party insiders say his development as a leader shows what he has learned and his new focus on governing with everyone in mind. One of the most important changes has been how Mahama brings together party and government better than before, says Professor Kwamena Ahwoi, who used to be Minister for Local Government. This addresses a major weakness from his previous time in office.

The former president’s new approach shows in several areas:

  • Better involvement with civil society groups
  • Stronger anti-corruption work through Operation Recover-All-Loot (ORAL)
  • A new Independent Value for Money office for contracts
  • Plans for a Governance Advisory Council

During the Good Governance and Accountability Forum in Accra, Mahama stated his commitment to lead more openly and responsibly. He plans to set up special courts to speed up cases of financial wrongdoing. His team members must declare their assets within 30 days.

Political scientist Dr. Clement Sefa-Nyarko sees Mahama as a “pragmatist” who now focuses on practical politics and smart communication. This development comes from his deeper grasp of Ghana’s governance challenges and the need for systematic reforms to tackle them properly.

Campaign Promises and Policy Framework

Mahama has revealed a complete policy framework for 2024 that focuses on economic revival and institutional reform. The life-blood of his campaign is the innovative “24-hour economy” policy that will reshape the scene of key public institutions through a three-shift system of eight hours each. This system will streamline processes at the Ghana Ports and Harbors Authority, Customs Division, Passport Office, and Driver and Vehicle Licensing Authority.

His economic transformation agenda has several key policy areas:

  • Implementation of a GHS 157.50 billion infrastructure investment plan
  • Establishment of an Accelerated Export Development Program
  • Creation of special economic zones in all sixteen regions
  • Introduction of a FinTech Growth Fund with USD50 million original capital
  • Development of a complete pension scheme for commercial drivers

Mahama promises to abolish the double-track system in senior high schools and expand infrastructure to handle growing enrollment. His anti-corruption framework will prevent family members and appointees from acquiring state assets. He plans to set up an Independent Value for Money office that will oversee government procurements above GHS 78.75 million.

The former president will launch a “Digital Jobs Initiative” to create 300,000 skilled employment opportunities for youth. He also plans to train one million coders to support the growing Business Process Outsourcing sector. These initiatives show a fundamental change toward technological advancement that will strengthen Ghana’s development agenda.

John Mahama’s campaign for Ghana’s presidency marks a most important moment that blends seasoned leadership with innovative economic solutions. His 24-hour economy initiative and reforms of public institutions target the nation’s pressing challenges. The former president has evolved his leadership style to emphasize transparency and institutional reform, showing his preparedness to handle Ghana’s economic difficulties.

Mahama’s bold agenda needs public support, solid implementation plans, and the country’s capacity to overcome current economic hurdles. His policy framework offers a clear path to economic recovery through infrastructure growth, education reform, and digital advancement. These proposals and his governance experience, along with a renewed commitment to accountability, make him a strong candidate in Ghana’s 2024 electoral map.

Show More

Abdul Razak Bello

International Property Consultant | Founder of Dubai Car Finder | Social Entrepreneur | Philanthropist | Business Innovation | Investment Consultant | Founder Agripreneur Ghana | Humanitarian | Business Management
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Articles

Back to top button
0
Would love your thoughts, please comment.x
()
x

Adblock Detected

Please consider supporting us by disabling your ad blocker