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Africa Urged to be ‘Unapologetically Selfish’ to Survive Fracturing Global Order

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Renowned Ghanaian businessman, statesman, and industrialist Sir Sam Jonah has called on African leaders and nations to adopt an unapologetically selfish approach to economic and geopolitical strategy amid what he describes as a rapidly collapsing global order marked by trade wars, protectionism, and institutional decline.

In remarks highlighted by a publication on MyJoyOnline and echoed across media outlets including 3News and GBC Ghana, Sir Sam Jonah warned that the world is no longer in a phase of “transition” but in “rupture,” where great powers increasingly use economics as weapons and multilateral institutions like the WTO and UN are crumbling.

He argued that Africa’s continued reliance on exporting raw materials while foreign entities capture most of the value chain leaves the continent with “crumbs” rather than prosperity.

“Africa must stop deferring to distant agendas. Being selfish means negotiating firmly, processing our resources locally and insisting on fairness in every deal,” Sir Sam Jonah stated.

He explained that true self-interest in this context translates to prioritizing job creation, industrial growth, wealth retention within the continent, and bold protection of African interests—without meaning isolation, but empowerment and strategic clarity.

The veteran mining executive and former CEO of AngloGold Ashanti, who has long advocated for African industrialization, described the current global environment as hostile, with rising protectionist tariffs, geopolitical conflicts, and climate crises disproportionately devastating the continent. He urged African countries to abandon economic deference, unite in pursuit of shared interests, and engineer policies that shield the continent from external exploitation.

“Others feast on the value we create. Africa settles for crumbs, and that must change,” he declared, calling for a shift from raw material dependency to value addition through local processing and industrialization.

This stance aligns with his recent related comments that industrialization serves as Africa’s “shield” in a hostile global economy.

Sir Sam Jonah’s message comes at a pivotal time for Africa, as the continent navigates shifting alliances, supply chain disruptions, and the push for greater agency in global trade.

From Ghana’s perspective—as a leading voice in pan-African economic discourse—this call resonates strongly, urging the continent to act boldly and collectively to secure its future prosperity.

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Ghana Nears Approval of Cannabis Licences as Country Prepares to Launch Regulated Industry

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Accra, Ghana – Ghana’s Narcotics Control Commission (NACOC) is in the final stages of reviewing applications for cannabis licences, with successful applicants expected to receive approval to begin operations soon, marking a significant milestone in the country’s efforts to develop a legal and regulated cannabis sector.

Deputy Director-General for Enforcement, Control, and Elimination, Alexander Twum-Barimah, disclosed this while speaking at the Kwahu Business Forum on Saturday.

He emphasised that the review process has been “thorough and deliberate” to ensure that only applicants who fully meet all legal, regulatory, and security requirements are granted licences. NACOC officials engaged with potential investors at the forum’s exhibition stand, providing details on various licence categories, including cultivation, processing, distribution, and export.

Mr Twum-Barimah stressed that the commission is committed to building a properly regulated industry that creates legitimate economic opportunities while maintaining strict controls to prevent misuse and illegal activities.

“The goal is to strike a balance between enabling economic development and safeguarding public health and security,” he said.

All licence holders will be subject to ongoing monitoring and compliance checks.

The development signals Ghana’s intention to harness the economic potential of cannabis through job creation, investment, and export revenue, while aligning with international best practices in regulation. Further updates on the licensing process are expected in the coming weeks.

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3 Things Ghana is Doing to Reduce Fuel Prices Amid Global Uncertainty

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Accra, Ghana – As global oil prices continue to surge due to the ongoing Middle East conflict, the Ghanaian government has announced immediate and practical measures aimed at cushioning citizens from the impact of rising fuel costs.

Following an emergency Cabinet session chaired by President John Dramani Mahama, the government outlined three key interventions focused on direct price relief, affordable public transportation, and cutting unnecessary government expenditure on fuel.

Here are the 3 major steps Ghana is taking:

1. Suspension of Selected Taxes and Margins on Fuel

Ministers of Finance and Energy have been directed to suspend certain taxes and margins in the next fuel pricing window. This temporary reduction, which will last for four weeks (subject to review based on developments in the Middle East and global crude prices), is expected to ease the burden on consumers and transporters.

2. Massive Expansion of Affordable Metro Mass Transit Buses

The Minister for Transport has been tasked with fast-tracking the deployment of 100 newly acquired Metro Mass Transit buses onto high-traffic routes across the country. These state-owned buses will maintain significantly lower fares compared to private operators, offering citizens a cheaper and more reliable alternative for daily commuting.

3. Strict Enforcement of Ban on Fuel Allocations for Government Officials

All Ministers and senior government appointees have been reminded to strictly comply with President Mahama’s earlier directive cancelling fuel allocations and allowances. This move is aimed at reducing government expenditure on fuel and demonstrating leadership in belt-tightening during these challenging times.

These interventions form part of the government’s broader strategy to protect the economy and citizens from external shocks while hoping for de-escalation in the Middle East conflict.

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Upcoming Super El Niño Threatens to Worsen Global Food Crisis Amid Iran Conflict

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Climate scientists and food security experts are warning that a powerful “super El Niño” expected later in 2026 could significantly intensify global food price pressures already heightened by the ongoing Middle East conflict involving Iran.

According to US meteorologists, there is roughly a one-in-three chance of a strong El Niño forming between October and December, while European models suggest an even higher probability of an exceptionally strong event.

A “super El Niño” occurs when sea surface temperatures in the eastern Pacific rise at least 2°C above normal. This phenomenon typically triggers extreme weather patterns, including severe droughts in key agricultural regions, which can sharply reduce crop yields for commodities such as cocoa, rice, sugar, food oils, coffee, bananas, and soy.

The timing is particularly concerning because the Iran conflict has already disrupted global fertilizer supplies and shipping routes through the Strait of Hormuz, driving up costs for fuel and agricultural inputs. Analysts say the combination of war-induced supply shocks and El Niño-driven weather extremes could create a “double squeeze” on food production and prices. The United Nations World Food Program has cautioned that prolonged conflict and elevated oil prices could push the number of acutely food-insecure people globally significantly higher.

Dawid Heyl of Ninety One noted that while the Russia-Ukraine war affected food markets, the current situation is more worrying due to its direct impact on fertilizer production and availability.

He warned that overlapping negative factors — geopolitical disruption and strong El Niño conditions — could prove especially damaging for vulnerable countries in Africa, India, Australia, Brazil, and Argentina.

Experts state that long-term resilience will require greater investment in climate adaptation, diversified supply chains, and international cooperation to protect global food security as geopolitical and climate risks increasingly intersect.

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