Member of the National Democratic Congress (NDC) legal and communications team, Victor Kwadjoga Adawudu, has attributed the instability and collapse of many businesses in Ghana to the excessive politicisation of the private sector.
Speaking on Channel One TV’s Breakfast Daily on Monday, April 21, he stressed that both political interference and the actions of some business leaders have created a hostile environment for sustainable growth.
According to him, the tendency for businesses to align themselves with political parties often backfires when there is a change in government.
He added that some business owners misuse their influence to interfere in politics, which then makes them targets when their preferred political candidates lose power.
“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. Yes, the politics might be blamed for that, but I think that the drivers of these businesses also make the ground fertile for political leaders that when there is a change, they try to clip your arms, which should not be the case.
“Because while they are controlling the business, the business is crowing, 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 liquide, You are able to finance my opponent against me, so your business tends to suffer,” he said.
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