Audio By Carbonatix
The flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has promised to address the outstanding financial commitments owed to investors by the government should he be elected into office.
Speaking at the Foreign Direct Investment series in Accra, Mr Mahama emphasised the importance of fulfilling these obligations to restore investor confidence and uphold the sanctity of contracts in Ghana.
“A new NDC government shall respect the sanctity of contracts,” he assured. “Properly executed [contracts] that deliver value to the people of Ghana and to the investor.”
Mr Mahama acknowledged that the failure to honour these commitments has negatively impacted investor confidence, with many stakeholders voicing their concerns about the government's lack of follow-through on financial obligations for goods and services already provided.
Read more: Mahama vows to retrieve corruptly acquired funds and properties
“I have taken notice of this important issue and I want to assure all those in that situation currently that we will take an inventory of all that.
“Our government shall urgently work to resolve all these payment issues through a system that will be transparent and timely, just as happened when I was president.”
Mr Mahama's promise to settle unpaid debts aims to reassure both local and international investors of his commitment to creating a stable and reliable business environment in Ghana.
With his focus on transparency and timely resolution, Mahama hopes to attract and retain investment, fostering economic growth and development in the country.
Latest Stories
-
Sam George cautions ministers against reading unverified AI-generated speeches
38 seconds -
Ghanaian entrepreneur Mary Nyamekye Asamoah wins Africa Travel 100 award
4 minutes -
Obuasi SHTS abuse: Sanction all officials who failed to act – Moving Masculinity
9 minutes -
Lucy Agyepong honoured for excellence in engineering education at maiden GAAS Women’s Awards
11 minutes -
Harriet Afia Konadu Asiedu
18 minutes -
AFCON 2027: Sports Minister ‘convinced’ Black Stars will qualify despite losing opening two games
20 minutes -
CUTS welcomes VAT collection on cross-border digital services, urges fair treatment of Distance Learning students on overseas programmes
24 minutes -
Leave the Chiefs and fix the Galamsey Problem: Dr Solomon Owusu Advises President Mahama
27 minutes -
Pay attention to teachers and give them what is due – Ho District GNAT tells government
30 minutes -
Authorities knew of abuse allegations against Obuasi headmaster months before suspension – JoyNews investigation
35 minutes -
US teenager appears in court over alleged Hindu temple shooting plot
37 minutes -
Academic City donates paediatric rehabilitation staircase to Ga East Hospital
41 minutes -
Services drive 7.4% expansion in Ghana’s economic activity
53 minutes -
‘I don’t make music for awards, I make it to connect people’ – Rocky Dawuni
1 hour -
Farmer jailed for three months over assault on wife in viral video
1 hour