As political tensions in the country intensifies, concerns about market volatility in the outlook is rising as well. Notwithstanding Ghana’s enviable record of holding successful elections characterized by peaceful transitions, political risk concerns always seem to drive capital allocation decisions, particularly in election years. The 2020 election will obviously be a hotly contested race between the two dominant parties, NDC and NPP. For both sides, the stakes are very high – so high that none of the contenders are prepared to cede space or concede an argument, whether on matters of public policy or manifesto promises. Amid the rising tension, very little consideration has been given to the potential impact on the credit markets and the consequential effect on economic recovery post-COVID.
In an article published by Business and Financial Times newspaper, Metis Decisions shared our perspective on the issue. Read full article here.
