Former President John Dramany Mahama of The National Democratic Congress (NDC) won yesterday’s elections in Ghana principally for two strategically related reasons:...CLICK HERE TO READ THE FULL ARTICLE➤
The current economic turmoil in Ghana, which defied imminent solution by the ruling National Patriotic Party (NPP). Similar to the Trump victory in the US, Ghanaians voted for change, due to the dissipation of the status quo.
Though vote counting is still ongoing, Ghana’s former Vice President and Presidential candidate, Muhammadu Bawumia of the ruling National Patriotic Party (NPP), has conceded defeat.
Ghana’s former vice president and Presidential candidate, Muhammadu Bawumia of the ruling National Patriotic Party (NPP), has conceded defeat. He has called former President John Mahama to congratulate him.
Both President-Elect Mahama and defeated former VP Bawumia hail from the northern Ghanaian city of Tamale, signifying the political relevance of the region. Mahama is a Christian, while Bawumia is a Muslim. If he had won, he would have been the first Muslim President of Ghana since independence in 1957.
Mahama, 66, who served as President from 2012 to 2017, but later lost the presidency twice, promised in his campaign to embark on a robust economic recovery program, a lean government and a vigorous anti-corruption crusade.
The President-Elect had campaigned on a “24-hour economy”, to bolster industrial productivity, thereby creating jobs for a teeming unemployed youths.
Inflation had peaked at 54.2% in 2022, and eased down to 23.2% in 2023, reflecting in higher prices of basic consumables, snowballing into widespread protests over government policies.
The government’s attempt to raise funds through Treasury bills had faltered, leading to a loss of investors’ confidence in the Ghanaian economy.
Ghanaians voted in anger over the frail economy.
Some 18,774,259 registered voters out of an estimated population of 34.42 million voted yesterday to elect a new President and members of a 276-seat parliament in Ghana’s 9th series of elections since its return to multi-party democracy in 1992.
Ghana’s new President-Elect, former President John Mahama, lost twice in 2016 and 2020.
By conceding defeat, today, former VP, Bawumia, who was also a former Deputy Governor of the Central Bank and AfDB Rep in Zimbabwe, has doused the overheated polity.
Since Ghana transitioned to multi-party democracy in 1992, no party has governed for more than two terms. The Presidency has alternated between the NPP and the NDC every 8 years, creating a predictable cycle. ...CLICK HERE TO READ THE FULL ARTICLE➤
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