John Mahama Secures Victory: Ghana’s Economic Hope Restored in Historic 2024 Election

The December 7, 2024, elections in Ghana were pivotal, with John Dramani Mahama triumphing to secure another term as president. As a seasoned politician, Mahama brings a wealth of experience from his previous tenure as president (2012–2017) and vice president under John Evans Atta Mills. His victory under the National Democratic Congress (NDC) banner signals a public call for decisive leadership amid Ghana’s economic turbulence.

In an exclusive analysis, David Osabutey, a political analyst and convener of the Model ECOWAS Summit, shed light on the factors behind Mahama’s win. Drawing comparisons to U.S. politics, Osabutey explained that voters, much like Americans re-evaluating Donald Trump, chose Mahama as the candidate more equipped to revive the struggling economy.

A Shift in Voter Sentiment

Mahama’s 2024 victory represents a dramatic turnaround. Osabutey noted, “In 2016, John Mahama lost by one million votes. In 2024, he won by over 1.7 million votes.” This reversal reflects widespread dissatisfaction with President Nana Akufo-Addo’s administration, particularly its handling of the economy. The NDC’s parliamentary dominance, with 188 seats compared to the New Patriotic Party’s 88, underscores the electorate’s trust in Mahama’s leadership.

Economic Challenges and Leadership

Ghana’s economic woes under the Akufo-Addo administration—marked by a depreciating cedi, inflation soaring to 54%, and skyrocketing unemployment rates of 14.7%—were decisive factors. “In 2016, the exchange rate was four cedis to one dollar. Today, it’s 17 cedis,” Osabutey highlighted, emphasizing the economic pressure that shaped voters’ choices.

Plans for Economic Revitalization

Mahama’s campaign promises a “24-hour economy” to address unemployment through shift-based jobs, requiring significant policy and infrastructure development. Additionally, he has pledged to reduce taxes, reverse the controversial e-levy, and improve access to education, including free tertiary education for first-year university students.

High Expectations for the Mahama Administration

Ghanaians expect swift action to address inflation, unemployment, and public service challenges. While Mahama’s earlier tenure faced criticisms, many believe his leadership offers the stability and competence needed to navigate the current economic storm.

As Ghana looks forward, the question remains: Can John Mahama deliver on these ambitious promises and restore the nation’s prosperity? His second chance offers hope, but the expectations are high. Only time will reveal the outcomes of this historic mandate.