General News
Private Sector Must Be Recognised as a Partner, Not a Competitor – Alex Dadey Advocates at UG ALUMNI LECTURE 2025
Delivering the 2025 University of Ghana Alumni Lecture at the Great Hall emphasized on “Public-Private Partnership – A Case Study of Responsible Corporate Citizenship,” the Executive Chairman of the KGL Group Mr. Alex Apau Dadey has called for a national shift in perception and policy to position Ghana’s private sector as a strategic partner in nation-building rather than a competitor to government.
Mr. Dadey urged government, policymakers, and industry leaders to embrace a renewed spirit of collaboration, anchored on trust, shared value, and national ownership. He said, “Governments do not create wealth – the private sector does. The government may set the rules of the game, but it is the private sector that plays it, with innovation, capital, and resilience,” he stated. “The time has come for Ghana to move beyond seeing the private sector as a rival, and instead recognise it as a vital ally in national development.”
Tracing Ghana’s economic history, Mr. Dadey cited the collapse of once-thriving enterprises such as Siaw Industries, GNTC, and Neoplan Ghana as reminders of the country’s failure to protect and grow its indigenous businesses. He contrasted these with successful global examples like Tata Motors and Shoprite, which flourished through deliberate state support and policy alignment.
He underscored that the solution lies in Public-Private Partnerships (PPPs) underpinned by Responsible Corporate Citizenship, where business success translates into shared social and economic value. He emphasized that responsible businesses must aspire to become transgenerational — built on integrity, honesty, and trust, capable of outliving their founders and future generations. Mr. Dadey stressed that effective PPPs can bridge Ghana’s innovation and infrastructure gaps when built on clarity of vision, fair risk-sharing, and good governance.
“You see in every thriving economy, there comes a point where the government can no longer do it alone. The private sector must not only be involved — it must lead, but it cannot do so in isolation,” he emphasized. Calling for a renewed national mindset, the executive chairman asserted that Ghana’s economic independence will not come from aid, but from ownership — ownership of resources, industries, and ideas driven by Ghanaians for Ghanaians.
He also spotlighted the critical role of the Ghanaian diaspora, that no country has developed or sustained progress without the engagement and commitment of its most valuable human resource — its diaspora further advocating for a shift from Foreign Direct Investment (FDI) to Diaspora Direct Investment (DDI), where global Ghanaians invest their capital, knowledge, and expertise back into the nation’s development.
Beyond developmental economics, he reinforced the importance of Environmental, Social, and Governance (ESG) principles in shaping responsible businesses and national sustainability. He cited the KGL Foundation’s targeted initiatives in youth empowerment, education, health, arts and culture, and sports as practical demonstrations of responsible corporate citizenship. The Foundation has touched thousands of lives awarding over 300 scholarships to brilliant but needy students at all levels. In sports development, KGL Foundation has been instrumental in the revival and sponsorship of Ghana’s U-17 Colts Football Programme and sponsorship of the black stars for four consecutive years, Furthermore, through its mental health advocacy and intervention programmes, KGL Foundation has partnered with health institutions and NGOs to extend support to the vulnerable and break the stigma surrounding mental illness.
In conclusion, Mr. Dadey called on all sectors — public, private, and the diaspora — to join hands in redefining Ghana’s development narrative. “The government cannot do it alone. Businesses cannot do it alone. Academia cannot do it alone. Communities cannot do it alone. However, together – when we bring our ideas, our resources, our knowledge, and our will – we can ignite transformation that will echo for generations. The time for convenience is past. This is the hour for conviction and partnership”.
General News
Ghana’s Economy Remains Resilient Amid Global Conflicts — President Mahama
President John Dramani Mahama has assured Ghanaians that the nation’s economy remains strong and resilient, despite ongoing global tensions involving the United States, Israel, and Iran.
Speaking at the sod-cutting ceremony for the 24-hour economy module market in Dormaa Ahenkro, the President emphasized that the government is actively working to shield Ghana’s economic gains from external shocks.
“We have worked diligently over the past year to stabilize our economy, and the results are clear — our economy is strengthened and resilient,” President Mahama said. “No matter what shocks may occur globally, Ghana stands firm. We have seen how conflicts such as the Russia-Ukraine war have impacted other countries, and we are determined to ensure that Ghana does not suffer similar setbacks.”
He added, “The economic progress we have achieved in this administration must be preserved. Even in the face of global disruptions, we are positioning Ghana on a firm growth trajectory. The COVID-19 pandemic and the Russia-Ukraine war challenged economies worldwide, but Ghana continues to show resilience.”
President Mahama also highlighted the government’s initiatives to boost domestic economic activity, including the establishment of the 24-hour economy module market in Dormaa Ahenkro, which aims to stimulate trade, create jobs, and enhance local business opportunities.
“Through strategic planning and consistent effort, we are ensuring that no global event can derail Ghana’s economic stability,” the President said.
General News
John Dramani Mahama Cracks Down on Illegal Rent Practices, Urges Tenants to Report Exploitative Landlords
President John Dramani Mahama has issued a strong warning to landlords who flout rent regulations, calling on tenants to report any demands for rent advances that exceed the legal limit.
Speaking at a high-level engagement with Organised Labour at Jubilee House on Tuesday, March 17, the President highlighted the growing housing crisis and its severe impact on household incomes across the country.
He stressed that the rising cost of accommodation is placing unsustainable pressure on citizens, underscoring the urgent need for a coordinated national response. According to him, Ghana must initiate a comprehensive housing dialogue involving government, the private sector, and labour unions to develop a robust social housing framework.
“Housing is a major problem, and for households, it is consuming their income,” he stated, advocating for affordable solutions through structured mortgage systems and fair rental arrangements.
President Mahama pointed to the country’s housing deficit as a key driver behind the increasing trend of landlords demanding excessive rent advances—often far beyond what the law permits. He noted that while existing regulations cap rent advances at six months, enforcement remains weak, partly due to reluctance from both tenants and landlords to seek redress through the rent court.
“The reason private house owners are taking advantage is because of the housing deficit,” he explained, adding that legal mechanisms are already in place but underutilized.
The President urged tenants to take a firm stand against unlawful practices by reporting offending landlords to the appropriate authorities, including the rent court, assuring that strict action would be taken against violators.
His remarks come at a time of heightened public concern over widespread reports of landlords demanding up to two years’ rent in advance—a practice widely condemned as both illegal and exploitative, further deepening the country’s housing affordability crisis.
General News
Sam George Defends New SIM Registration Drive, Cites Consumer Protection and Security Concerns
The Minister for Communication, Digital Technology and Innovation, Sam Nartey George, has defended the government’s decision to undertake a new SIM registration exercise, emphasizing that the initiative is focused on safeguarding consumers and improving national security systems.
Speaking to stakeholders, the Minister highlighted significant flaws in the current SIM database, warning that inaccuracies have placed innocent individuals at risk. He explained that cases of identity theft and data errors have led to situations where people are wrongly implicated in criminal activities.
According to him, security agencies have raised concerns about the credibility of existing data. He noted that law enforcement authorities often rely on SIM registration records to identify suspects, but inconsistencies in the database have resulted in wrongful arrests.
“The Minister for the Interior, who also serves as the Minister for National Security, has consistently called for a more reliable SIM register,” he said, adding that in some instances, cloned Ghana Cards have been used to register SIM cards linked to criminal acts.
Mr. George stressed that the new registration exercise is not driven by procurement interests, but rather by the urgent need to build an accurate and secure system. He pointed out that the government’s priority is to establish a credible database that protects users while providing dependable information to security agencies.
“At the core of this exercise is consumer protection and user confidence,” he stated, contrasting the current approach with previous registration efforts, which he suggested were overly focused on procurement processes.
The Minister further indicated that the government aims to develop a system jointly managed by the National Communications Authority (NCA) and the National Identification Authority (NIA), ensuring long-term reliability and accountability.
He expressed confidence that, if properly implemented, the new SIM registration exercise would be the last of its kind, ultimately restoring public trust and reducing cases of identity misuse.
-
Entertainment1 week ago“Go to Lumba’s house and exhume his body” — Counsellor George Lutterodt incites Ga youth
-
Entertainment1 week agoLegendary musician Sloppy Mike Gyamfi Accuses Kuami Eugene of Song Theft
-
Entertainment1 week agoShatta Wale hints at contesting Ablekuma South seat as independent candidate in 2028
-
General News2 weeks agoGhana Marks 69th Independence Day Under Theme ‘Building Prosperity, Inspiring Hope’
-
Business19 hours agoGhana’s Mobile Money Surge Hits GH¢447.4bn in February, Cementing Digital Payments Dominance
-
Sports1 week agoMidfielder Foster Apetogbor joins Sandefjord FC in Norway
-
Entertainment19 hours ago“I Slept with Someone in Church and Had a Child,” Gospel Singer Broda Sammy Confesses
-
Entertainment3 days agoGlobal Movement WAHANGELA KINGDOM Set for Historic Launch and Royal Crowning in Ghana
