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Tuesday, November 5, 2024

Integrity lacking in Ghana’s business history, says Dr David Ofosu-Dorte


A senior partner at AB & David Africa, Dr David Ofosu-Dorte, has highlighted the damaging impact of integrity lapses on Ghana’s business landscape, attributing the downfall of many businesses to ethical failures.

“Many formerly successful public entities have collapsed due to a lack of integrity,” he stated, referencing the Volta River Authority (VRA), which he noted “was once praised as the second-best managed power plant globally, but now diminished by unethical practices.”

Dr. Ofosu-Dorte stated that without integrity, true transformation in both the public and private sectors is unattainable.

“Leadership cannot transform without integrity,” he stressed, underscoring integrity as essential for both national and continental progress.

These remarks were part of his keynote address at a fundraising dinner and conference organized by the Full Gospel Business Men’s Fellowship International (FGBMFI) in Accra.

The event aimed to support the Arganbright Partnership Fund, the fellowship’s charity, under the theme ‘Integrity, a Key Element at the Heart of a Successful Business’.

The Arganbright Partnership Fund mobilizes resources from Full Gospel members to provide support for various groups, including youths, market women, drivers, and fisherfolk.

Turning to broader societal challenges, Dr Ofosu-Dorte linked the trend of Ghanaian youth seeking opportunities abroad to a lack of accountability and a culture of corruption in leadership.

He called on all sectors of Ghanaian society to prioritize integrity, asserting that this would foster economic growth, better business conditions, and improved livelihoods.

FGBMFI’s National President, Emmanuel Baba Mahama, elaborated on the fellowship’s efforts through the Arganbright Partnership Fund.

He shared that the fund supports activities such as the Schools & Colleges Project, which mentors and empowers youth to combat addictions and indiscipline.

Since 2017, this project has engaged students across 71 educational institutions in Ghana, with positive results on academic performance, such as a notable improvement in WASSCE results at Aveyime Senior Technical School.

Mahama also highlighted the outreach activities of the fellowship’s Hospitals, Orphanages, and Widows Ministry, which aids nursing mothers in distress, orphans, and other socially disadvantaged groups.

Since 2017, FGBMFI’s Indigenous Beach Outreach Team (IBOT) has impacted the lives of over 25,000 fisherfolk, 5,000 drivers, and 858 youths in urban ghettos.

“This conference/dinner is an opportunity for members of the public to support FGBMFI Ghana’s special initiatives,” Mahama concluded.

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