Victor Kwadjoga Adawudu, a member of the National Democratic Congress (NDC) legal and communications team, has blamed the politicisation of the private sector for the instability and collapse of many businesses in Ghana.
Adawudu emphasized that both political interference and the conduct of some business leaders have created a toxic environment that prevents long-term growth.
“You see one business growing, it gets to a point, it goes down. It is like two steps forward, and three steps back, in the sense that we have tried to politicise every business,” Adawudu said.
While pointing fingers at political interference, he also called out some business leaders for entangling themselves with politics to the detriment of their own operations.
“Yes, the politics might be blamed for that, but I think that the drivers of these businesses also make the ground fertile for political leaders that when there is a change, they try to clip your arms, which should not be the case,” he said.
In an interview on Monday, April 21, 2025, he added that some businesspeople misuse their influence to try and determine political outcomes—actions that often lead to retaliation when the political tide turns.
“Because while they are controlling the business, the business is growing, they also arrogate to themselves that ‘we have the power to call the shots, who becomes a leader and who wins.’ When this happens and the person you were against comes in, you will also try to say yes because you are liquid, you are able to finance my opponent against me, so your business tends to suffer,” he noted.
Adawudu’s remarks highlight the growing concerns about the politicisation of Ghana’s business space and the urgent need to protect private enterprises from political cycles and influence.