Senior Lecturer at the University of Ghana Business School (UGBS), Professor Kobby Mensah, has clarified that the impact of coup d'états on businesses varies depending on the specific circumstances.

He explained that the consequences differ across different sectors of the economy, with some businesses experiencing significant negative effects, while others may encounter minimal or no disruptions.

Professor Kobby Mensah pointed out that the tourism sector tends to be the most adversely affected since potential patrons and foreign tourists tend to stay away due to security concerns associated with military takeovers.

In contrast, he noted that the extractive industry often thrives during coups because many western mining companies seize the opportunity to exploit the situation and potentially gain advantages at the expense of the affected countries.

“There are different types of coups and their implications on businesses, but it must be noted that not every business suffers during coup d’etats.

“The tourism sector suffers the most during coup d’etats, but the extractive sector for instance doesn’t, and this is because some of the Western countries particularly the unscrupulous ones use it as an opportunity to siphon the country’s natural mineral resources at cheap prices,” he was quoted by norvanreport.com.

The marketing lecturer stated that the uncertainties that come with coups do not support the business climate, hence coups surely have a lasting influence on the economy.