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Home Business & Economy

Ghana faces election test amid economic discontent

by Editorial Staff
1 year ago
in Business & Economy
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GHANA heads to the polls on Saturday in a high-stakes general election overshadowed by public frustration over soaring prices, job scarcity, and the nation’s worst economic crisis in decades. The vote will test Ghana’s reputation as a democratic stronghold in West Africa, where coups and instability have recently dominated the region.

Outgoing President Nana Akufo-Addo’s New Patriotic Party (NPP) faces an uphill battle to retain power after his administration’s popularity plummeted during his second term. Opposition leader John Dramani Mahama of the National Democratic Congress (NDC) has emerged as the frontrunner, buoyed by widespread calls for change.

An Afrobarometer survey in October revealed that 82 percent of Ghanaians believe the country is on the wrong track, while less than half expect significant improvements in the next year. For many voters, democracy itself is under scrutiny.

‘We vote every four years, but the dividends are low,’ said Abena Tekyiwaa Manuh, a senior fellow at the Centre for Democratic Governance (CDD). ‘That’s dangerous.’

Youth disillusionment

Ghana’s younger generation, forming a significant portion of the electorate, is increasingly disenchanted. Eighteen-year-old Emmanuel Kwaku Jr, voting for the first time, voiced a sentiment shared by many: ‘The country is ruined. I will vote, but I don’t think it will change anything,’ the told Reuters.

The stakes are high for both Mahama and the ruling party’s candidate, Vice President Mahamudu Bawumia. Economic instability since 2020 has driven inflation above 50 percent, forced Ghana into a $3bn IMF bailout, and triggered a historic debt restructuring. Both candidates have promised to stabilise the economy and rebuild public trust.

A fragile democracy?

Despite Ghana’s track record of peaceful power transfers and adherence to two-term limits, the election has exposed cracks in the nation’s democratic foundations. Observers warn of heightened tensions, especially during the announcement of results.

Jonas Claes, elections lead for the EU delegation in Ghana, cautioned that this phase could be ‘tricky’ due to eroding trust in institutions like the electoral commission. Opposition leader Mahama has raised concerns over voter roll irregularities, while the NPP accuses him of setting the stage to reject unfavourable results.

Polls will open at 7:00 GMT for 18.7 million registered voters, with legislative results expected by Monday and presidential results by Tuesday.

‘The youth’s anger and hope for change are palpable,’ noted a Western diplomat. ‘If those expectations aren’t met, the future could be unpredictable.’

As Ghana navigates this pivotal election, the outcome will not only shape its immediate future but also signal whether its democratic resilience can endure amid rising pressures.

 

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Editorial Staff

Editorial Staff

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