Board Chairman of MTN and former President of Private Enterprise Federation Dr. Ishmael Yamson has lamented the hardship in Ghana saying life under colonial rule was better.
Dr. Yamson who was speaking at an event in Accra on Wednesday September 21, 2022 blamed his assertion on what he refers to the wanton corruption and bad leadership Ghana has had over the years.
“My frustration has been our leaders have not demonstrated enough vision integrity in the way they have managed this country. Our leaders have no just performed what the promised they have to do.
“Ghana is not that we don’t have people with good minds, goodwill. Our problem is that when it comes to executing those plans. We are corrupt, greedy and those things will never allow us to develop,” he stressed.
Comparing the current economic to that of colonial times, he bemoaned the hardship in the country.
“Today all our farmers are poor. If you take the life of an average Ghanaian today, it is much worse than what I experienced.
“I have seen Ghana from colonial days up to today..I saw King George VI reign before Queen Elizabeth II and before we has the independence agitations, and I can tell you life for me under colonial rule and the transition to independence and Republican was better than life for me today,” he added.
Ghana’s economy has come under intense pressure as inflation continue to rise.
The Ghanaian cedi has also seen one of the sharpest depreciation becoming one of the weakest currencies in Africa.
While government attributes these developments to the global pandemic and the recent Ukraine invasion by Russia, opposition parties have put the blame squarely on government.
The International Monetary Fund (IMF) and World Bank have recently defended the government position stating the Ghanaian economy has seen pressure as a result of global economic challenges.