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NPP should own companies that can bid for gov’t contracts – Dr Afriyie Akoto

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A presidential hopeful of the New Patriotic Party (NPP), Dr Owusu Afriyie Akoto, has called on the leadership of the party to establish businesses that would support the growth of the country and inure to the benefit of its supporters.

Speaking on JoyNews, the former Agric Minister noted that there are concerns by party faithful over lack of employment and economic hardship.

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As a solution, Dr Afriyie Akoto entreated the party to venture into active businesses to provide jobs for its supporters, arguing that political parties such as the African National Congress (ANC) in South Africa has several companies providing job opportunities.

“We need to fix this party in order that we can sustain ourselves in power come December 2024. We have a lot of contracts. Government is the biggest business in this country.

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“If the military can have companies to do business, why can’t political parties. The ANC in South Africa owns mines, manufacturing concessions, insurance companies and so on. We have to be more entrepreneurial.

“As a key to ‘we have nothing’ the party as a body should have some business edge to raise income for themselves,” he said.

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The ANC has had a strong presence in various sectors of the South African economy, particularly through its investment arm, Chancellor House Holdings (Pty) Ltd.

Chancellor House was established to fund the ANC’s activities during the struggle against apartheid.

Over the years, it has invested in various business ventures, including energy, construction, and telecommunications.

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