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
President Mahama to Embark on Working Visit to South Korea
John Dramani Mahama, President of Ghana, will embark on a working visit to the South Korea from March 10 to March 14, 2026, in a move aimed at strengthening diplomatic, economic, and educational cooperation between the two nations.
According to the Office of the President, Mahama will depart from Accra on Sunday for Seoul. During the visit, he is expected to hold a bilateral meeting with South Korean President Lee Jae-myung and also meet the Speaker of the National Assembly, Woo Won-shik.
As part of his itinerary, President Mahama will attend a ship-naming ceremony at the Hyundai Shipyard in Ulsan. He will also deliver a speech at a conferment ceremony at Yonsei University.
The visit will further include engagements with members of the Ghanaian community living and working in South Korea, as well as a dinner meeting with leading chief executives and business leaders to explore investment opportunities.
President Mahama will be accompanied by a government delegation led by Felix Kwakye Ofosu, who noted that the trip is expected to deepen strategic cooperation and strengthen the partnership between Ghana and South Korea.
General News
“Corruption is a Cancer That Erodes Our Nation” — Mahama Urges Stronger Anti-Corruption Fight
President John Dramani Mahama has described corruption as a serious threat to Ghana’s national development, warning that corrupt practices undermine education, healthcare, and infrastructure delivery across the country.
Speaking during 69th Independence Anniversary, President Mahama said corruption weakens governance systems and denies citizens access to essential public services.
“Corruption is a cancer that erodes the very foundation of our nation,” he stated. “Every cedi that is stolen from the public purse represents a classroom that is robbed of textbooks, a hospital that will go without medicines, and a road that will be left uncompleted.”
The President emphasized that fighting corruption remains a key priority of his administration, adding that government is strengthening anti-corruption institutions to improve transparency and accountability in public service delivery.
“Under my leadership, we are not just fighting corruption with words alone. We are strengthening institutions, protecting anti-corruption agencies from political interference, and ensuring that no individual, regardless of their status or political affiliation, is above the law,” he said.
President Mahama also called for a national culture of integrity, urging citizens to support the fight against corruption through ethical conduct in both public and private life.
“Government cannot win this battle alone. We must build a national culture of integrity where honesty is valued and public service is regarded as a sacred duty,” he added.
He further urged public servants and political leaders to demonstrate accountability and transparency in the management of national resources.
“Leadership must be accountable. Independence granted us freedom, but freedom demands responsibility,” he said.
President Mahama stressed that Ghana’s development depends on collective responsibility, urging citizens to place national interest above personal or partisan interests.
“Above all, we must place country above party, above tribe, and above personal interests.
Ghana is bigger than any one of us,” he said.
The President’s remarks come as part of broader government efforts to strengthen governance reforms, improve economic management, and restore public confidence in state institutions.
General News
Mahama Urges Youth to Prepare for Future in 69th Independence Day Address
President John Dramani Mahama has urged Ghanaian youth to prepare themselves for future opportunities through education, discipline, and skills development as the country continues its journey toward economic transformation and national prosperity.
Addressing the nation during Ghana’s 69th Independence Anniversary celebration held under the theme “Building Prosperity, Inspiring Hope,” President Mahama said the youth represent the future of Ghana’s development and must be equipped with modern skills to compete in the global economy.
“To the young people of this country, I see you, I hear you, and I believe in your potential,” President Mahama said. “You belong to a generation that is armed with tools and opportunities that earlier generations could hardly have imagined.”
He noted that technology presents significant opportunities for young people to build careers and businesses, stressing the importance of innovation and entrepreneurship.
“In your hands, a smartphone transforms into a classroom. In your hands, it becomes a business platform, a creative studio, and a gateway to the global economy,” he said.
However, President Mahama also urged young people to combine opportunity with discipline, resilience, and commitment to excellence in order to achieve success.
“The future belongs to those who prepare for it,” he stated. “Success will also depend on discipline, resilience, and excellence in everything you do.”
The President outlined government initiatives aimed at supporting youth development, including investments in digital infrastructure, entrepreneurship programmes, and innovation hubs across the country.
“We are investing in digital infrastructure, entrepreneurship programmes, and innovation hubs from Accra to Kumasi, Tamale, Takoradi, Ho, and Koforidua,” he said.
He also announced reforms in education and training programmes designed to bridge the gap between school and employment.
“We are reforming education to meet the needs of the modern economy and expanding internship and apprenticeship programmes to prepare young people for the world of work,” he added.
President Mahama further encouraged young Ghanaians to uphold national values of patriotism and integrity.
“Ghana’s progress will depend on every citizen doing their part. Wherever you are, whatever you do, do it with excellence. Do it for Ghana, do it for Africa, and do it for the generations yet unborn,” he said.
-
Entertainment1 week agoTHE INSIDE STORY: Why President Mahama Revoked Gideon Nii Aryeequaye’s Appointment as Executive Secretary of the Creative Arts Agency
-
Entertainment2 weeks ago[EDITORIAL] Praised in Victory, Crucified in Defeat: The Ghanaian Fanbase Paradox
-
Business2 weeks agoThirdWell launches Inclusive Business Centre to support Accredited Inclusive Businesses in Ghana
-
Sports1 week ago2026 FIFA World Cup: President Mahama tasks supporters to return immediately after the tournament
-
Entertainment1 week agoSONA: GH¢20m for Film Sector, GH¢20m for Creative Industries — Mahama Announces Major Investment
-
General News2 weeks agoPolice Arrest Two in Agona Swedru With 209 Slabs of Suspected Narcotics, Reject GH₵100,000 Bribe
-
Sports2 weeks agoBREAKING: Salary Crisis hits Tension at Eleven Wonders Camp for the second time
-
General News2 weeks agoEduwatch Demands Accountability for GH¢42.1bn Education Spending in 2026 SONA
