Founder of IMANI Africa, Franklin Cudjoe, has questioned the effectiveness of Ghana’s current strategies in combating corruption, arguing that despite numerous control measures, the problem remains deeply rooted.
“We have implemented all these control-based systems, yet corruption persists,” he stated while speaking on governance reforms on The Keypoints on TV3.
Cudjoe attributed the persistent corruption to what he described as “chronic capitalism,” a system in which corruption flourishes due to structural inefficiencies and entrenched personal interests.
He emphasized the need for Ghana to rethink its governance framework, drawing lessons from countries that have successfully tackled similar issues.
“Rwanda’s performance contract system has significantly reduced poverty and improved efficiency, while Singapore’s governance reforms helped return a budget surplus and even allowed financial benefits to be distributed to citizens,” he noted.
The post Chronic capitalism fuels corruption in Ghana – IMANI Africa boss appeared first on MyNewsGh.
