Victor Kwadjoga Adawudu, a member of the National Democratic Congress (NDC) legal and communications team, has raised concern about the politicization of Ghana’s private sector and its impact on business stability.
Speaking in an interview, Adawudu highlighted how political interference and the actions of some business leaders have created a hostile environment for sustainable growth.
Adawudu explained that businesses aligning themselves with political parties often face backlash when governments change.
He stated, “You see one business growing, it gets to a point, it goes down. It is like two steps forward, and three steps back, in the sense that we have tried to politicise every business.”
He also pointed out that some business owners misuse their influence to interfere in politics, which can make them targets when their preferred political candidates lose power.
“While they are controlling the business, the business is growing, they also arrogate to themselves that ‘we have the power to call the shots, who becomes a leader and who wins.’ When this happens and the person you were against comes in, you will also try to say yes because you are liquid, you are able to finance my opponent against me, so your business tends to suffer”.
