KEY POINTS
- John Mahama wins Ghana’s presidency.
- Economic recovery dominates the agenda.
- Mahama pledges economic and social reforms.
Former President of Ghana, John Mahama of the National Democratic Congress (NDC) has emerged victorious in the presidential race over Vice President Mahamudu Bawumia of the ruling New Patriotic Party (NPP).
Bawumia conceded defeat on Sunday, acknowledging Mahama’s victory through a congratulatory call to Mahama.
“The people of Ghana have spoken. The people have voted for change, and we respect it with all humility,” Bawumia said at a news conference.
Decisive win amid economic struggles
NDC spokesperson Sammy Gyamfi claimed Mahama secured 56.3 percent of the vote compared to Bawumia’s 41.3 percent.
Mahama also confirmed the win on social media, expressing gratitude for the support.
The victory ended two terms of NPP’s rule under President Nana Akufo-Addo, during which the country experienced unprecedented economic challenges.
Ghana recorded its highest inflation, 54.1 percent in 2022, debt default and a $3 billion International Monetary Fund bailout shaped the political landscape, fueling voter discontent.
The NDC also won the parliamentary majority, according to the NPP’s internal tally.
Celebrations and pledges for change
At the NDC headquarters in Accra, Mahama’s supporters celebrated the victory with horns and cheers.
During his campaign, he promised to “reset” the nation’s economy, focusing on job creation, inflation reduction and the fight against corruption.
A central campaign promise was establishing an anti-corruption office to oversee government procurement above $5 million, addressing what Mahama described as a key source of public sector corruption.
Likewise, his endorsement of anti-LGBTQ legislation has drawn international criticism but remains unsigned despite parliamentary approval.
A first in Ghana’s democratic history
Mahama was Ghana’s president from 2012 to 2017. His comeback marks a historic milestone in Ghana’s political history as the first Ghanaian leader in the Fourth Republic to reclaim the presidency after being voted out.
Over three decades, Ghana has alternated between the NDC and NPP since transitioning to a multiparty system in 1992.
The Electoral Commission is expected to release official results by Tuesday, but Bawumia’s concession and internal party counts signal a clear mandate for Mahama.
Economic recovery awaits
As the new administration prepares to take over, the former president faces significant challenges in steering Ghana out of its economic slump.
Mahama’s pledge to revitalize the economy and deliver accountability will be central to his presidency, with both domestic and international stakeholders watching closely.
Ghana, a major producer of gold and cacao, now looks to Mahama to fulfill his promises and restore confidence in its economy.
