Close Menu
  • Home
  • Latest News
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Sports

GPL 2026-27: Kwesi Appiah sends a goodwill message to Asante Kotoko

September 1, 2026

Messi Retires From Int’l Football

September 1, 2026

The 2027 GFA Presidential Race: Kurt Okraku to bid for a third term

September 1, 2026
Facebook X (Twitter) Instagram
Ghanamma.comGhanamma.com
  • Home
  • Latest News

    Tinubu NYSC certificate forgery case: Why Atiku dey raise anoda certificate forgery accuse against Tinubu for court?

    September 2, 2026

    The million-dollar problem sitting offshore: Why Ghana’s cement makers are adding GH¢12 to every bag

    September 2, 2026

    Harambee One: Where Kenya’s Presidential Jet KAF308 Lands And Operates From

    September 2, 2026

    Duane ‘Keffe D’ Davis Found Guilty In Tupac Shakur Murder Case

    September 2, 2026

    Don’t take Ghana’s peace for granted – National Security Council to citizens

    September 2, 2026
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Facebook X (Twitter) Instagram Pinterest Vimeo
Subscribe
Ghanamma.comGhanamma.com
Home»Business»Mahama’s first year has reset Ghana’s economy and restored confidence
Business

Mahama’s first year has reset Ghana’s economy and restored confidence

Ghana NewsBy Ghana NewsJanuary 16, 2026No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

A former Ho Central Constituency Parliamentary Candidate and leading member of the National Democratic Congress (NDC), Rasford Delali Kasu, has commended President John Dramani Mahama for what he describes as a strong and transformative first year in office, saying the administration has successfully stabilised the economy and restored confidence in Ghana’s governance.

Speaking on the one-year administration of President John Dramani Mahama, Kasu noted that the economy, which he described as the backbone of both national and individual wellbeing, has seen significant improvement compared to what the president inherited upon assuming office.

According to him, President Mahama took over an economy that was virtually in “Ebola status,” having been downgraded to junk by international rating agencies.

However, within the first year, the administration has managed to stabilise the economic environment, secure positive outlooks from rating agencies, and restore Ghana’s international credibility.

“This is a clear demonstration of how a nation ought to be managed, as opposed to what we witnessed under the administration of President Nana Akufo-Addo, former Finance Minister Ken Ofori-Atta and Vice President Dr Mahamudu Bawumia,” Kasu said.

He attributed the current economic recovery to prudent and judicious management by President Mahama, Vice President Professor Jane Naana Opoku-Agyemang, the Minister for Finance, Dr Cassiel Ato Forson, and the Governor of the Bank of Ghana. He said their collective efforts have brought renewed hope and confidence to Ghanaians.

Kasu highlighted the strengthening of the Ghana cedi against the US dollar as a key achievement, noting that the exchange rate has improved significantly compared to previous levels that hovered around GH₵17 to a dollar. He added that this stability has reduced foreign exchange pressures, lowered the cost of imports, and brought substantial savings to businesses.

He also cited the reduction in fuel prices as a major relief to citizens, recalling a time when many vehicle owners had no choice but to park their cars due to high fuel costs. “Today, people can comfortably drive, travel, and conduct business,” he said, stressing that lower fuel prices have reduced the cost of doing business nationwide.

Kasu further praised the government for meeting its international debt obligations, including the recent payment of about US$709 million in Eurobond commitments.

He noted that, due to the strengthened cedi, Ghana was able to make savings that would not have been possible under previous economic conditions.

Additionally, he pointed to the significant increase in the country’s foreign reserves as another indicator of improved economic health.

On the productive sector, he acknowledged progress in the oil and energy space, noting that the oil refinery has seen renewed activity after several years of stagnation.

Turning to infrastructure, Kasu lauded the government’s “Big Push” agenda, which has seen extensive road construction and rehabilitation projects across the country.

He emphasised that the distribution of projects has been based on needs assessment and available funding, rather than political considerations.

In the Volta Region, he cited ongoing works on the Eastern Corridor Road, the Hohoe–Fodome stretch, and the Aplaku Road as evidence that the region is receiving its fair share of development.

He also praised the payment of contractors and the awarding of new road contracts nationwide.

Kasu commended the Volta Regional Minister, James Gunu, describing his performance as “phenomenal,” and acknowledged the supportive roles played by the Metropolitan, Municipal and District Assemblies (MMDAs) in advancing the government’s resetting agenda in the region. He also recognized the efforts of the NDC Regional Chairman, Agbavitor, and his team.

On national security, Kasu said Ghana is steadily being restored to a safer path.

He praised the small arms amnesty initiative being implemented by the National Commission on Small Arms and Light Weapons, led by Dr Adam Bonaa, describing it as a proactive measure aimed at retrieving illegal firearms without prosecution to enhance public safety.

He also commended the Inspector-General of Police and other security agencies for their professionalism and dedication in maintaining law and order.

While expressing satisfaction with the progress made so far, Kasu acknowledged that more work remains in areas such as the fight against illegal mining (galamsey), employment creation, and educational infrastructure, particularly to address deficits that have affected the quality of education.

Overall, he said the foundation laid in President Mahama’s first year is solid and encouraging.

“The country is moving in a positive direction,” Kasu stated.

“We are confident that by the end of President Mahama’s four-year tenure, Ghana would have witnessed a comprehensive transformation that benefits all citizens.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ghana News
  • Website

Related Posts

From Kayayei to Green Enterprise: Unlocking commercial value in Ghana’s circular economy – thebftonline.com

September 2, 2026

Non-interest banking not religious doctrine – Governor Asiama

September 2, 2026

Education Ministry postpones placement results to September 4

September 2, 2026
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Top Posts

Ghana’s One Million Coders Programme Begins ICT Trainers’ Training

September 1, 20260 Views

Prof Peprah urges MMDAs to leverage technology, build adolescent friendly cities  

August 31, 20260 Views

Innovation at Scale: Ghana’s Ed-Tech Leaders Convene to Reshape Digital Learning

August 31, 20260 Views

Sena Institute of Technology moves towards university status

August 28, 20261 Views

Ghana must tap AfCFTA for climate finance, green technology – Zanetor

August 27, 20261 Views
About Us
About Us

Ghanamma is an independent digital news platform delivering timely updates and reliable information across politics, business, technology, health, entertainment, sports, and world affairs, helping readers stay informed through trustworthy journalism and meaningful insights.

Facebook X (Twitter) Pinterest YouTube WhatsApp
World News

South Sudan’s leader sacks aides after dead man appointed

February 4, 2026

South African white separatists claim land acquired from Zulu king then lost to British

February 2, 2026

Muhoozi’s outbursts expose Uganda’s unease with funding Somalia war

February 2, 2026
Top stories

University of Ghana Attributes Fee Increases to Student Leadership Charges

January 2, 20263 Views

Sam Jonah, 3 Others Cleared Of Criminal Charges In River Park Estate Dispute In Nigeria

January 2, 20264 Views

GCNH donates health logistics to Ho Municipal Health Directorate  

January 2, 20261 Views
  • About Us
  • Contact Us
  • Cookies Policy
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
© 2026 Ghanamma. Designed by Ghanamma.

Type above and press Enter to search. Press Esc to cancel.