The 2024 flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has stated that the Court of Appeal's ruling on the ambulance procurement trial will enhance investor confidence in Ghana.
He stressed that a fair judiciary is crucial for attracting investors, as it assures them of impartial hearings in case of commercial disputes, thereby boosting their confidence in the economy.
The former president highlighted that the Court’s decision, which he had not anticipated due to the prolonged duration of the appeal, came as a pleasant surprise.
He described the ruling as a landmark judgment that underscores the importance of a reliable judicial system.
In an interview with TV3 on Tuesday, July 30, following the court's decision, Mr Mahama reiterated his commitment to fostering a judiciary that Ghanaians can trust.
He stated that a trustworthy judicial system is essential for the nation's progress and for instilling confidence among both local and international investors.
Mr Mahama expressed his readiness to contribute to the creation of a judiciary that meets the expectations of the Ghanaian people.
He believes that a credible and impartial judiciary is vital for advancing the country’s democracy and ensuring justice for all.
“I’m prepared to work with the judiciary to create the kind of judiciary we deserve. The judiciary is the last avatar in all the three arms of government when it comes to any dispute, and the judiciary creates an environment for investors to come.
“If investors believe that they can get a fair hearing in case of any commercial disputes or anything, they will come into your country. Unfortunately, the message that goes out there is that we’re able to manipulate our courts against investors, and so sometimes it sends a bad signal for investment,” he expressed.
Latest Stories
-
Dr. Rejoice Foli receives Visionary Business Leader Award
7 seconds -
Economic missteps, corruption, unemployment and governance failures caused NPP’s crushing defeat – FDAG report reveals
2 minutes -
Supreme Court, EC need complete overhaul to safeguard our democracy – Benjamin Quarshie
5 minutes -
Dr. Elikplim Apetorgbor: Congratulatory message to Mahama
12 minutes -
Gabriel Kumi elected Board of the Chamber of Oil Marketing Companies
19 minutes -
Ga Mantse awards scholarships worth GHC100,000 to pupils in Ga communities
24 minutes -
NDC minority did not help the governance of the country – Afenyo-Markin
37 minutes -
NDC gov’t will struggle to fund social intervention programmes – Afenyo-Markin
43 minutes -
Man arrested for vandalising property at Parliament
45 minutes -
NDC’s internal struggle over who succeeds Mahama in 2028 has started – Afenyo-Markin claims
50 minutes -
NDC’s mischievous campaign and propaganda will soon expose them – Afenyo-Markin
1 hour -
African banks to remain exposed to domestic, global operating environments risks – Fitch
1 hour -
Premier League: Wolves agree deal for Pereira to become new boss
1 hour -
Fitch expects outlook for sub-Saharan African sovereigns to be neutral in 2025
1 hour -
NDC’s Joseph Yamin allegedly leads mob to seize bullion bars at PMMC Assay Centre
1 hour