• About Us
  • The Publisher
  • Our Mission
  • Archive Gallery
  • Advertise
  • Contact Us
  • Privacy & Policy
Thursday, May 15, 2025
  • Login
The Corporate Guardian
Advertisement
  • Home
  • Oil and Gas
  • Human Resource
  • Banking
    As 2024 unfolds, the Bank of Ghana continues to prioritize economic stability, risk management, and innovation. The bank’s proactive stance on monitoring inflation trends and its commitment to enhancing financial inclusion through digital platforms are expected to play crucial roles in the nation’s economic development.

    Navigating through economic turbulence with prudent policies and strategic recapitalization

    As 2024 unfolds, the Bank of Ghana continues to prioritize economic stability, risk management, and innovation. The bank’s proactive stance on monitoring inflation trends and its commitment to enhancing financial inclusion through digital platforms are expected to play crucial roles in the nation’s economic development.

    Standard Chartered Bank accused of helping fund terrorists

    Dr Da Costa Aboagye appointed new CEO of NHIA

    Dr Da Costa Aboagye appointed new CEO of NHIA

    RightCard (LemFi) doubles down on Bank of Ghana Approval with Nsano partnership

    RightCard (LemFi) doubles down on Bank of Ghana Approval with Nsano partnership

    Nigeria clamps down on forex traders amid persistent naira woes

    Nigeria clamps down on forex traders amid persistent naira woes

    Banks to blacklist defaulters, borrowers with bad credit history to mitigate rising NPLs

    Banks to blacklist defaulters, borrowers with bad credit history to mitigate rising NPLs

  • Law
    World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

    World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

    HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance

    HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance

    Over 78K Illegal Migration Attempts Aborted in 2024 (Interior Ministry)

    Over 78K Illegal Migration Attempts Aborted in 2024 (Interior Ministry)

    Court to deliver judgment on J.B. Danquah Adu’s murder Dec 4

    Court to deliver judgment on J.B. Danquah Adu’s murder Dec 4

    Does the Police law empower police to run a broadcasting service?

    Does the Police law empower police to run a broadcasting service?

    Improving Women’s Participation in the 2023 District Level Elections: The Role of the Media, Jeorge Wilson Kingson

    Improving Women’s Participation in the 2023 District Level Elections: The Role of the Media

    Trending Tags

  • Mining
  • Politics
  • Real Estate
  • Insurance
  • On the marble
  • Special Projects
No Result
View All Result
  • Home
  • Oil and Gas
  • Human Resource
  • Banking
    As 2024 unfolds, the Bank of Ghana continues to prioritize economic stability, risk management, and innovation. The bank’s proactive stance on monitoring inflation trends and its commitment to enhancing financial inclusion through digital platforms are expected to play crucial roles in the nation’s economic development.

    Navigating through economic turbulence with prudent policies and strategic recapitalization

    As 2024 unfolds, the Bank of Ghana continues to prioritize economic stability, risk management, and innovation. The bank’s proactive stance on monitoring inflation trends and its commitment to enhancing financial inclusion through digital platforms are expected to play crucial roles in the nation’s economic development.

    Standard Chartered Bank accused of helping fund terrorists

    Dr Da Costa Aboagye appointed new CEO of NHIA

    Dr Da Costa Aboagye appointed new CEO of NHIA

    RightCard (LemFi) doubles down on Bank of Ghana Approval with Nsano partnership

    RightCard (LemFi) doubles down on Bank of Ghana Approval with Nsano partnership

    Nigeria clamps down on forex traders amid persistent naira woes

    Nigeria clamps down on forex traders amid persistent naira woes

    Banks to blacklist defaulters, borrowers with bad credit history to mitigate rising NPLs

    Banks to blacklist defaulters, borrowers with bad credit history to mitigate rising NPLs

  • Law
    World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

    World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

    HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance

    HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance

    Over 78K Illegal Migration Attempts Aborted in 2024 (Interior Ministry)

    Over 78K Illegal Migration Attempts Aborted in 2024 (Interior Ministry)

    Court to deliver judgment on J.B. Danquah Adu’s murder Dec 4

    Court to deliver judgment on J.B. Danquah Adu’s murder Dec 4

    Does the Police law empower police to run a broadcasting service?

    Does the Police law empower police to run a broadcasting service?

    Improving Women’s Participation in the 2023 District Level Elections: The Role of the Media, Jeorge Wilson Kingson

    Improving Women’s Participation in the 2023 District Level Elections: The Role of the Media

    Trending Tags

  • Mining
  • Politics
  • Real Estate
  • Insurance
  • On the marble
  • Special Projects
No Result
View All Result
The Corporate Guardian
No Result
View All Result
Home Business News

The Fierce Urgency of Now

The challenges we face may seem daunting, but I believe that if we embrace this vision and prioritize our national interests, we can transform our nation.

Efo Komla Hukporti by Efo Komla Hukporti
November 21, 2024
in Business News, Human Resource, Special Projects, The INTERVIEW, Top Trends
0
The Fierce Urgency of Now
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The Fierce Urgency of NowOn December 7, Ghana will elect a new government—a historic step as we enter the second quarter of the 21st Century facing both immense challenges and boundless opportunities on our journey toward. As we look towards the next twenty-five years, the question looms: What will it take for us to achieve a prosperous and equitable society. The answer lies in an old African proverb that speaks to the three guiding principles we need: courage, sense and insight.

First, we need courage to inspire leadership that will govern selflessly, safeguard our democracy and implement sound policies.

We need the sense to understand the global landscape and the shifting economic dynamics of today’s world, such as the outcomes of the recent US elections and how they will affect Ghana and African countries in general.

Finally, we need insight from our past experiences to shape our future—understanding what policies and strategies have worked and learning from those that have not. As another African proverb that I have often quoted reminds us: If you know the beginning well, the end shall not trouble you.

Over the past few years, through the Compact for Ghana’s Political and Economic Transformation, I have led a broad initiative aimed at analyzing Ghana’s political and economic development over the past three decades of the Fourth Republic. The process has yielded valuable insights that will guide us moving forward.

Ghana’s Political Landscape and History of Stability

Our history of peaceful transfers of power between the two dominant political parties has positioned Ghana as beacon of democracy in Africa. These achievements reflect our commitment to stability and civil engagement.

Yet, despite these democratic credentials and our international acclaim as one of Africa’s success stories, we still face significant challenges. Political polarization often places party interests over national ones, and we struggle to effectively convert our abundant natural and human resources into the economic and social well-being of our people. Our youth remain disengaged and underemployed while our economy is marred by huge budget deficits, excessive borrowing and currency instability.

A Citizens Driven Approach

From developing technical papers by leading policy institutes to building robust partnerships and engaging citizens, the Ghana Compact process has been citizen driven and has crystalized a vision for the future we want for our dear nation.

Our consultations culminated in a Citizens’ Convention held in June 2024, where over 500 participants, representing key stakeholder groups, came together to craft a shared vision. From this emerged a Citizens Declaration of a Social Contract—a blueprint outlining our collective aspirations, responsibilities, and goals for 2050.

For the government, the Social Contract calls for fiscal discipline, a focus on long-term planning rather than changing course every four to eight years and prioritizing the well-being of people over politics.

For citizens, it emphasizes the need to hold government to account for progress and recommit us to the values and ethics of hard work, service, and patriotism that must define our country.

The Fierce Urgency of Now

Building a Ghana that all of us can be proud of requires the commitment of all Ghanaians, regardless of background, religion, political party affiliation, age, or gender. We must unite around a common roadmap that will allow us to realize our collective vision for our nation, and work with fierce urgency. The time to act is now.

We must therefore urge the newly elected President to convene a National Convention within the first few months of taking office. This gathering should bring together young leaders, representatives from all political parties, traditional authorities, religious figures, civil society, and stakeholders from the Citizens Convention. The central purpose of the National Convention will be to establish a lasting consensus on the Future We Want and formally endorse the Citizens’ Declaration of a Social Contract.

In short, this convention or “Indaba” will foster unity after the elections and create the collective ownership of Ghana’s future that is needed to tackle the urgent and pressing economic challenges facing the nation. The objectives of the National Convention will include:

  • Alignment of Policy: Ensuring consistency and alignment of the key policy actions and promises of the political party manifesto of the new government with the goals and targets of the Citizens’ Convention Social Contract Declaration, considering what Tony Blair recently said about a party’s manifesto: it is a guide to winning but rarely prioritize with the rigor necessary for
  • Good Governance: Adopting a code of good governance to address the pervasive corruption, inefficient public administration, and inadequate regulatory frameworks—all of which collectively erode public trust and impede effective
  • Political Party and Campaign Financing: Reaching consensus on the main elements of robust campaign and political party financing as a precondition to tackling the existential threat of galamsey or illegal mining and related procurement and public financing challenges.
  • Decentralization: Supporting the recommendations of the Constitutional Review Consultative Committee, including decentralization of functions and resources to the district and community
  • Fiscal Discipline: Maximizing fiscal flows while maintaining fiscal discipline to facilitate economic transformation by accessing the right mix of external finance from international finance institutions and the private
  • Civic Education: Promoting a mindset shift that emphasizing patriotism, hard work, integrity and honesty, supported by robust funding for the National Center for Civics Education
  • Accountability Mechanism: Establishing an accountability mechanism to ensure that the Social Contract evolves to meet the needs of all Ghanaians, including a public online dashboard to track development progress through 2050, with a key role for citizens and civil

A Call to Action

Through this National Convention, we will send a powerful message of unity, resolve, and commitment to a prosperous, peaceful future. It will be a first step in strengthening the culture of dialogue between citizens and the authorities. Because democracy is more than voting every four years. The Ghana Compact will allow citizens to remain engaged and ensure that the next government and subsequent ones stay focused on our collective goals.

The challenges we face may seem daunting, but I believe that if we embrace this vision and prioritize our national interests, we can transform our nation. A brighter future is within our reach, for ourselves and for most importantly for the generations to come. Together we can demonstrate that even in turbulent times democracy is worth the fight—and a that a social contract allowing citizens to engage in the future we deserve is worth the effort.

The time for change is now. Let us embrace it with courage, sense and insight.

Dr. K.Y. Amoako

Convenor, Ghana Compact.

For the past fifty years, K.Y. Amoako has spearheaded many of the issues and policies central to Africa’s development. A pioneer and passionate advocate for African transformation, he has worked alongside African leaders and some of the world’s most prominent development specialists to tackle many of the most pressing African and global development issues. Previously, Amoako served as Executive Secretary of the Economic Commission for Africa at the rank of UN Undersecretary General. Before then he was a senior official at the World Bank. 

 

Tags: DemocracyFierce UrgencyGhanaGhana Compact
Efo Komla Hukporti

Efo Komla Hukporti

Related Posts

World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan
Collaborations

World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

May 7, 2025
HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance
Africa Means Business

HM the King Receives Foreign Ministers of Three Countries of Sahel States Alliance

April 28, 2025
Automobiles

The Kenitra-Marrakech High-Speed Rail Line (HSL), a new lever to support the national economy

April 27, 2025
STOCK WATCH: MTN Ghana shares are providing exceptional growth and income
Africa Means Business

STOCK WATCH: MTN Ghana shares are providing exceptional growth and income

April 22, 2025
Investment Opportunities in the Moroccan’s Southern Provinces at the Center of a Conference in Saint-Étienne
Africa Means Business

Investment Opportunities in the Moroccan’s Southern Provinces at the Center of a Conference in Saint-Étienne

April 21, 2025
Policy Brief: Iran’s Foothold Reaches Into North Africa By Ahmad Sharawi et Mariam Wahab
General News

Policy Brief: Iran’s Foothold Reaches Into North Africa By Ahmad Sharawi et Mariam Wahab

April 18, 2025

Recent Publications

QNET Organises VCON Media Webinar for Ghanaian and Sierra Leonean Journalists

QNET Expresses Deep Concern Over Misuse of its Name in Ghana Kidnapping Incident

May 13, 2025
Morocco’s Model of Disaster Resilience: the King Launches Construction of Rabat-Salé-Kenitra Region’s Essential Reserves Platform

Morocco’s Model of Disaster Resilience: the King Launches Construction of Rabat-Salé-Kenitra Region’s Essential Reserves Platform

May 8, 2025
World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

May 7, 2025
Press release from the Ministers of Foreign Affairs of the Confederation of Sahel States (AES)

Press release from the Ministers of Foreign Affairs of the Confederation of Sahel States (AES)

April 30, 2025
Load More
  • Trending
  • Comments
  • Latest
CSOs welcome suspension of Agyapa Royalties IPO

CSOs welcome suspension of Agyapa Royalties IPO

October 7, 2020
Judge complains over slow pace of uniCredit case

Judge complains over slow pace of uniCredit case

October 8, 2020
Asantehene urges chiefs to abstain from partisan politics

Asantehene urges chiefs to abstain from partisan politics

October 8, 2020
Absa Bank engages fresh graduates and youth with ‘ReadytoWork’ virtual sessions

Absa Bank engages fresh graduates and youth with ‘ReadytoWork’ virtual sessions

October 27, 2020
World Wellbeing Week: Self-Care and its Global Impact

World Wellbeing Week: Self-Care and its Global Impact

4
2023: Proactive and determined Royal action in favor of strengthening the Welfare State

2023: Proactive and determined Royal action in favor of strengthening the Welfare State

1
QNET's Amezcua Bio Light 3 and Bio Disc 3: Cutting-Edge Recovery Tools for Peak Athletic Performance

QNET’s Amezcua Bio Light 3 and Bio Disc 3: Cutting-Edge Recovery Tools for Peak Athletic Performance

1
France reaffirms Support for Morocco’s Sovereignty over its Sahara – French FM

France reaffirms Support for Morocco’s Sovereignty over its Sahara – French FM

1
QNET Organises VCON Media Webinar for Ghanaian and Sierra Leonean Journalists

QNET Expresses Deep Concern Over Misuse of its Name in Ghana Kidnapping Incident

May 13, 2025
Morocco’s Model of Disaster Resilience: the King Launches Construction of Rabat-Salé-Kenitra Region’s Essential Reserves Platform

Morocco’s Model of Disaster Resilience: the King Launches Construction of Rabat-Salé-Kenitra Region’s Essential Reserves Platform

May 8, 2025
World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

World Law Congress 2025: Morocco highlights its legal model and its Autonomy Plan

May 7, 2025
Press release from the Ministers of Foreign Affairs of the Confederation of Sahel States (AES)

Press release from the Ministers of Foreign Affairs of the Confederation of Sahel States (AES)

April 30, 2025
  • About Us
  • The Publisher
  • Our Mission
  • Archive Gallery
  • Advertise
  • Contact Us
  • Privacy & Policy
No Result
View All Result
  • Home
  • Oil & Gas
  • Mining
  • Politics
  • Human Resource
  • Business News
  • Real Estate
  • Special Projects
  • Insurance
  • On The Marble

© 2020 The Corporate Guardian - The Corporate Guardian.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version