By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Hot Fm Ghana
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Reading: Politicisation of business undermining Ghana’s economic growth – Afenyo-Markin
  • Follow Us
Hot Fm GhanaHot Fm Ghana
Font ResizerAa
Search
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Follow US
© 2024 Hot FM Ghana. All Rights Reserved | Powered By: WeWrite Technologies.
Hot Fm Ghana > Business > Politicisation of business undermining Ghana’s economic growth – Afenyo-Markin
BusinessNewsTop stories

Politicisation of business undermining Ghana’s economic growth – Afenyo-Markin

Micheal N C Botchway
By Micheal N C Botchway
Published: April 20, 2025
Share
SHARE

Minority Leader in Parliament, Mr. Alexander Afenyo-Markin, has expressed concern over the growing politicisation of Ghana’s business environment, warning that it is eroding investor confidence and threatening sustainable economic development.

Speaking at the 2025 Kwahu Business Forum in Mpraeso on April 19, Mr. Afenyo-Markin noted that the increasing influence of political considerations in the allocation of state contracts and business opportunities is undermining meritocracy and distorting fair competition.

“The biggest problem we have as a country is our political interference in everything. And it’s killing initiative,” he told a gathering of entrepreneurs, policymakers, and private sector stakeholders.

According to the Effutu MP, this trend discourages genuine innovation and hard work, particularly among young Ghanaians who seek to succeed through competence rather than political affiliation.

“When everything is politicised—from cocoa purchasing to road contracts and even small loans—you push away people who just want to work hard and succeed,” he stated.

Mr. Afenyo-Markin urged political leaders and public institutions to promote transparency and impartiality in economic affairs. He emphasized that Ghana’s private sector can only thrive when success is determined by ability and integrity, not political ties.

“We need to get to a point where your political background doesn’t determine your success in business. That’s the only way we can truly grow as a nation,” he added.

He also advised the youth to refrain from relying on political favouritism as a pathway to success, cautioning that such practices foster inequality and public discontent.

The Kwahu Business Forum, which started as a campaign initiative, has evolved into a key annual platform that brings together stakeholders across political and economic sectors to discuss practical strategies for national development.

You Might Also Like

Milovan Rajevac To Name Squad On Thursday
Former MP Involved In Car Crash
Wear Nose Mask To Avoid Impact Of Harmattan Dust – GMA
Sammy Gyamfi Must Undergo Mental Status Examination Immediately -Wontumi
Fallen Fire Officer Promoted Posthumously; Govt To Fund Daughter’s Education
Share This Article
Facebook Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

More Popular from Foxiz

NewsTop stories

17-year-old arrested over Javits Frimpong’s murder in New York

By Reagan Mends
3 Min Read

I’ll Encourage The Youth To Do Songs Like Stonebwoy’s ‘Putuu’ When Elected President -Akpaloo

By WeWrite Ghana
EntertainmentNewsTop stories

Singer Afriyie Wutah ties the knot

By WeWrite Ghana
1 Min Read
- Advertisement -
Ad image
Entertainment

HOT VIDEO: Tiisha Reveals Her Type Of Guy After Claiming To Be Single

Zylofon Media’s newest and freshest female artist, Tiisha Bentil aka Tiisha has disclosed her type of…

By WeWrite Ghana
PoliticsTop stories

Kwamena Ahwoi Narrates How Rawlings Squeezed Bede Ziedeng’s Testicles In Public

It has come to light that former President Jerry John Rawlings was so much in support…

By WeWrite Ghana
NewsTop stories

Another Protest Hits EC As Registration Supervisors Cry Over Payment

Supervisors and Deputy Supervisors of the ongoing nationwide voters registration exercise are aggrieved over some treatments…

By WeWrite Ghana
Entertainment

VIDEO: Shatta Wale Has Saved The Ghanaian Music Industry—Kofi Akpaloo

  Flagbearer of the Liberal Party of Ghana, Kofi Akpaloo has said that Shatta Movement boss…

By WeWrite Ghana
Sports

Paris Saint-Germain Submit €5m Bid For Swansea City Hero André Ayew – Sources

French Ligue 1 champions, Paris Saint-Germain have submitted a bid for Ghana skipper, André Ayew according to reports.…

By WeWrite Ghana
Hot Fm Ghana

Hot FM is a privately owned radio station in Accra, Ghana. Hot FM broadcasts both on 93.9 FM and online.

Top Stories

17-year-old arrested over Javits Frimpong’s murder in New York
November 11, 2026
AKSA bribery: Parliament’s review finds no evidence MPs received $46,000 – Bagbin
November 11, 2026
We find it strange that Finance Minister has chosen to present the budget at 6PM-Afenyo-Markin
November 11, 2026

Politics

AKSA bribery: Parliament’s review finds no evidence MPs received $46,000 – Bagbin
November 11, 2026
We find it strange that Finance Minister has chosen to present the budget at 6PM-Afenyo-Markin
November 11, 2026
South Africans are more sensible than Ghanaians – NPP Communicator Asafo Adjei
November 11, 2026

Entertainment

Yoruba started home video, not Nollywood – Osuofia
November 9, 2026
39-year-old Efya marries 33-year-old Nigerian artiste Tomi Thomas
November 6, 2026
Make fashion a pillar of Ghana’s creative economy — Dzifa Gomashie
November 6, 2026

© 2026 Hot FM Ghana. All Rights Reserved.

Welcome Back!

Sign in to your account