Audio By Carbonatix
The CEO of McDan Group, Dr Daniel McKorley has expressed frustration over politicians making policies for businesses, arguing that it should be private sector leaders guiding economic decisions that impact businesses.
At the Ghana CEO-Presidential Gala Dinner on Thursday in Accra, he shed light on the disconnect he perceives between policy-makers and the realities of entrepreneurship.
“I can tell you that we’re living in a country where politicians sit down and drive policies for the private sector,” McKorley said pointedly.
“But who understands business? I’ve had many occasions where I walked into a minister’s office, explained something, and he didn’t understand—and he never will.”
Drawing from over 30 years of business experience, Dr McKorley stated that policy-makers often lack the perspective and knowledge needed to make sound business-related decisions.
“These are politicians who have never employed three people in their whole life,” he noted.
“Yet they sit and enact policies for me—a person paying over 7,000 people.”
For McKorley, government’s role should be to support entrepreneurs and enable them to create jobs, while policy-making for business should be rooted in real-world business experience.
“Our job as entrepreneurs is to create jobs, and government’s job is to aid us,” he stated. McKorley warned that without more business-minded policies, Ghana risks stifling its private sector and losing out on significant economic growth.
Latest Stories
-
Interior Minister receives Gbenyiri Mediation report to resolve Lobi-Gonja conflict
29 minutes -
GTA, UNESCO deepen ties to leverage culture and AI for tourism growth
43 minutes -
ECG completes construction of 8 high-tension towers following pylon theft in 2024
1 hour -
Newsfile to discuss 2026 SONA and present reality this Saturday
1 hour -
Dr Hilla Limann Technical University records 17% admission surge
1 hour -
Meetings Africa 2026 closes on a high, Celebrating 20 years of purposeful African connections
1 hour -
Fuel prices to increase marginally from March 1, driven by crude price surge
2 hours -
Drum artiste Aduberks holds maiden concert in Ghana
2 hours -
UCC to honour Vice President with distinguished fellow award
2 hours -
Full text: Mahama’s State of the Nation Address
2 hours -
Accra Mayor halts Makola No. 2 rent increment pending negotiations with facility managers
2 hours -
SoulGroup Spirit Sound drops Ghana medley to honour gospel legends
3 hours -
ECG reinforces ‘Operation Keep Light On’ in Ashanti Region
3 hours -
UK remains preferred study destination for Ghanaians – British Council
3 hours -
Ghana Medical Trust Fund: Maame Samma Peprah ignites chain of giving through ‘Kyerɛ Wo Dɔ Drive’
3 hours
