A prominent Ghanaian entrepreneur and founder of Sesi Technologies, Isaac Sesi has expressed strong criticism of the Nana Addo Dankwa Akufo-Addo administration. Sesi argues that an objective assessment of Ghana’s current economic situation would reveal that this government is the worst the country has ever experienced.
Sesi highlights the rising cost of living, which he says has outpaced people’s earnings, leaving many struggling to make ends meet.
He uses his own business as an example, noting that his employees have requested salary increases due to the financial strain they are facing.
He also points out the challenges faced by entrepreneurs, including the increasing prices of raw materials and the reluctance of customers to absorb these costs. Sesi shares a personal anecdote about the development of a grain storage technology, which has become significantly more expensive to manufacture, making it unaffordable for smallholder farmers.
Sesi further criticizes the government’s sudden removal of subsidies, which led to a dramatic increase in duties and taxes on imported products, severely impacting his business.
He concludes that the economic mismanagement by politicians, who are insulated from the daily struggles of ordinary Ghanaians, has made this one of the most challenging periods for businesses in Ghana.
Sesi’s remarks reflect a broader sentiment of dissatisfaction among many Ghanaians regarding the current state of the economy and the government’s handling of economic issues.
Source:newslinkghana.com