Distinguished entrepreneur and Kama Group Chairman, Dr. Michael Agyekum Addo, has reiterated the difficult economic circumstances facing Ghanaians, stating that the times are definitely difficult.
The 70-year-old self-made business tycoon claims that the government’s efforts to clean up the banking industry have destroyed his pension plans and that the money he had saved for more than 30 years to support himself in old age is now completely gone.
The Kama CEO now claims that he is having overhead issues because the Ghana Revenue Authority is pursuing him or the Ghanaian Electricity Company is coming to cut off his electricity.
The man whose life story has been used to portray people who have overcome misfortune adds, “The times are indeed hard,” capping his narration with the Akan term, “YƐɐbrƐ oo,” which means, “We are indeed suffering,” in a video that has gone viral. The man was speaking at a book launch.
Dr. Michael Agyekum Addo’s remarkable journey, from his humble beginnings in Suhyen, close to Koforidua, to his rise to fame as a popular brand and indigenous advocate, is extensively chronicled on many fronts.
At the age of 72, Michael Addo graduated from the University of Ghana in 2022 with a Doctor of Philosophy (PhD) in Marketing and Entrepreneurship. His goal was to find out why businesses in Ghana were failing and to highlight the idea that “education is not a race, you can get it at any time and anywhere in your life.”
The guy, who was awarded an honorary doctorate by Kwame Nkrumah University of Science and Technology in 2005, declared, “Every young person should be able to achieve this if, at 72, I have been able to write about a 400-page thesis and defend it successfully.”
