The National Democratic Congress (NDC) flagbearer, John Mahama, has reiterated his determination to revitalise trade and business activities in the Ashanti Region, pledging tailored interventions to benefit local traders and entrepreneurs.
Speaking during the “Enti Asanteman Aseda Ni” walk held in Kumasi on Sunday, 1st December, Mahama unveiled plans to implement a fixed exchange rate scheme.
This initiative, he explained, would help stabilise the cedi against the dollar, thereby creating a more predictable and supportive environment for business operations within the region.
Mr. Mahama acknowledged the Ashanti Region’s significance, noting that while it is often regarded as a stronghold of the New Patriotic Party (NPP), it remains a critical battleground for both major political parties.
He vowed that the NDC would intensify its efforts to win substantial support in the area during the upcoming elections.
Outlining his vision for economic empowerment, Mahama proposed the introduction of five specialised banks to assist importers with port clearance procedures.
“These banks will offer a system where traders can secure funding for their goods. The banks will cover the costs, temporarily hold the containers, and allow traders to pay in manageable instalments before collecting their goods,” he explained.
He further elaborated on his plans to stabilise the currency for importers, promising to introduce mechanisms to mitigate the impact of fluctuating exchange rates.
He added that the NDC’s policies would prioritise the Ashanti Region’s economic growth, ensuring access to jobs, resources, and infrastructure necessary to support local businesses.
Highlighting the contributions of the Ashanti Region to the NDC’s past successes, Mahama reaffirmed his party’s commitment to addressing the region’s needs.
“The Ashanti Region is not merely a stronghold for any one party; it is a vital part of Ghana’s economy. We are determined to deliver the opportunities and development it deserves,” he concluded.
ALSO READ: