Mahama urges multinational companies not to leave Ghana

The Flag bearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has made a passionate appeal to multinational companies to remain in Ghana and continue their operations in the country.

This plea comes amidst a challenging economic environment that has prevailed in Ghana since 2022, leading several multinational companies to consider relocating their businesses, either partially or entirely, to other countries.

Mahama’s appeal aims to encourage these companies to stay and continue contributing to Ghana’s economy despite the challenges they face.

Speaking at the 8th Ghana CEO Summit in Accra, the former president noted that the exit of the companies will impact negatively on job creation, tax revenue to the state and ultimately economic growth.

He said even as the multinational firms are shutting down, Ghana’s public debts have hit “a staggering 658.6 billion cedis.”

“But we cannot despair over the poor quality of governance that has served us in the last seven and a half years. I use this opportunity to appeal to you captains of the industry to tarry a bit more. Please don’t leave our country. There is a saying that the darkest hour is before the dawn,” he said.

He also promised to create a conducive environment for companies to run their businesses should the NDC win the 2024 polls

“The beauty of our democracy is that it affords us the opportunity to change our current trajectory. You can be rest assured that the new NDC administration will create a conducive environment for businesses to thrive,’’ he assured.

His appeal comes on the back of the shutting of food delivery company, Glovo, that left the country this month due to the economic downturn.



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