The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

World

Former Ghana leader pulls off historic comeback after crucial presidential election

by admin December 9, 2024
December 9, 2024
Former Ghana leader pulls off historic comeback after crucial presidential election

Ghana’s Vice President Mahamudu Bawumia has conceded defeat a day after a tense presidential election, marking a historic political comeback for the opposition candidate, former leader John Mahama.

Bawumia said in his concession speech on Sunday morning that internally collated results showed that “Mahama has won the presidential election decisively,” ahead of a formal announcement by the electoral commission.

Bawumia said the opposition National Democratic Congress (NDC) party had also won the parliamentary election. He said he conceded “to avoid further tension and preserve the peace of our country.”

“I have since called H.E John Dramani Mahama to congratulate him as President-elect of the Republic of Ghana,” Bawumia said, adding that “the people have voted for change at this time, and we respect that decision with all humility.”

Opinion polls had predicted a first-round victory for Mahama amid widespread discontent over the country’s economy and a crisis over illegal gold mining.

Ghanaians have been railing against environmental degradation caused by unlicensed small-scale mining, a longstanding issue that has left large swathes of land pockmarked by pits and major rivers polluted.

Ghana is also grappling with its worst economic situation in decades as it reels from high inflation, youth unemployment, and a steep increase in the cost of living.

Bawumia, 61, a UK-trained economist who chaired the nation’s economic management team, faced criticism ahead of the elections over his handling of the struggling economy. On the campaign trail, Mahama also criticized him for saying little about the economy.

Mahama, 66, described the election as a “defining moment” for Ghana and vowed to “reset” the nation on a path “for good governance and accountability.”

He said Sunday he had received a “congratulatory call” from Bawumia, following his “emphatic victory.”

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
In a country splintered by civil war, could Syria’s rebels usher in a new dawn?
next post
TikTok says ban would cost U.S. small businesses and creators $1.3B in first month

Related Posts

Israel says it killed the Hamas mastermind behind...

October 18, 2024

South Africa’s ANC kicks former president Jacob Zuma...

July 30, 2024

Israeli attacks in West Bank killed at least...

November 6, 2024

Landslide at landfill in Uganda’s capital kills 17...

August 12, 2024

The Odysseus lunar lander is sideways on the...

February 24, 2024

At least 13 killed as fierce winds hit...

December 18, 2023

Austria’s JJ wins Eurovision 2025 with ‘Wasted Love’

May 18, 2025

Iranian rapper Toomaj Salehi sentenced to death for...

May 6, 2024

Takeaways from COP28: What does the climate deal...

December 14, 2023

NASA’s most high-risk endeavor in decades and other...

January 3, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,399)
    • Investing (3,371)
    • Politics (4,552)
    • World (4,488)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved