Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home World

Former Ghana leader pulls off historic comeback after crucial presidential election

December 9, 2024
in World
Former Ghana leader pulls off historic comeback after crucial presidential election
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Ghana’s Vice President Mahamudu Bawumia has conceded defeat a day after a tense presidential election, marking a historic political comeback for the opposition candidate, former leader John Mahama.

Bawumia said in his concession speech on Sunday morning that internally collated results showed that “Mahama has won the presidential election decisively,” ahead of a formal announcement by the electoral commission.

Bawumia said the opposition National Democratic Congress (NDC) party had also won the parliamentary election. He said he conceded “to avoid further tension and preserve the peace of our country.”

“I have since called H.E John Dramani Mahama to congratulate him as President-elect of the Republic of Ghana,” Bawumia said, adding that “the people have voted for change at this time, and we respect that decision with all humility.”

Opinion polls had predicted a first-round victory for Mahama amid widespread discontent over the country’s economy and a crisis over illegal gold mining.

Ghanaians have been railing against environmental degradation caused by unlicensed small-scale mining, a longstanding issue that has left large swathes of land pockmarked by pits and major rivers polluted.

Ghana is also grappling with its worst economic situation in decades as it reels from high inflation, youth unemployment, and a steep increase in the cost of living.

Bawumia, 61, a UK-trained economist who chaired the nation’s economic management team, faced criticism ahead of the elections over his handling of the struggling economy. On the campaign trail, Mahama also criticized him for saying little about the economy.

Mahama, 66, described the election as a “defining moment” for Ghana and vowed to “reset” the nation on a path “for good governance and accountability.”

He said Sunday he had received a “congratulatory call” from Bawumia, following his “emphatic victory.”

This post appeared first on cnn.com

Previous Post

In a country splintered by civil war, could Syria’s rebels usher in a new dawn?

Next Post

Watching with trepidation and glee, Netanyahu orders military to seize Syria buffer zone

Next Post
Watching with trepidation and glee, Netanyahu orders military to seize Syria buffer zone

Watching with trepidation and glee, Netanyahu orders military to seize Syria buffer zone

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    April 8, 2026
    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    April 8, 2026
    Midterm alarm bells: Democrats face steep favorability deficit despite election gains

    Midterm alarm bells: Democrats face steep favorability deficit despite election gains

    April 8, 2026
    Democrat whose parents fled Iran moves to oust Hegseth

    Democrat whose parents fled Iran moves to oust Hegseth

    April 8, 2026
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Indicted Democrat Sheila Cherfilus-McCormick faces rare House ethics hearing

    Indicted Democrat Sheila Cherfilus-McCormick faces rare House ethics hearing

    March 26, 2026

    Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit

    Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit

    April 7, 2026

    Recent News

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    April 8, 2026
    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    April 8, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved