
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
-
Rare copy of US Declaration of Independence found by volunteer in UK archives
6 minutes -
New coach and mum’s cooking help Osaka bring back the fun
15 minutes -
Nigeria says two nationals killed in South Africa amid rise of anti-migrant attacks
25 minutes -
Thousands welcome home Cape Verde footballers after stunning World Cup run
34 minutes -
EasyJet reaches ‘agreement in principle’ over potential takeover
43 minutes -
Two murder arrests made after man dies in London stabbing
52 minutes -
‘Definitely felt a big bang’: Delta plane hit by firework while landing in Chicago
1 hour -
Santos latest midfielder considered by Man Utd
1 hour -
Real Madrid sign defender Dumfries from Inter Milan
1 hour -
Mexico fans fail in bid to wake up England players
1 hour -
Osaka stuns world number one Sabalenka to reach quarter-finals
2 hours -
Haaland double as Norway stun Brazil to reach World Cup quarter-finals
2 hours -
Djokovic breaks Federer’s Wimbledon record to reach quarters
2 hours -
Trump called FIFA head to seek review of US player red card – Source
2 hours -
Melcom commends Fire Service, NADMO, others for swift response to Tema Free Zones warehouse fire
3 hours