GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Sports

Danku Seyram Writes-The Economic Value of Sports

March 5, 2018
in Sports
Share on FacebookShare on Twitter

Ghana is a country with a rich heritage in sports. Popular sporting events include football, boxing, tennis, basketball, hockey, cricket, rugby, golf and athletics. Besides the fact that sports can makes us stronger and healthier, it also has a lot advantages or value in the economy.

You Might Also Like

The Top Young Players to Watch in the Premier League

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

African NFL Players You Need to Know

Unfortunately for us as a nation, we seem to down play the socio-economic importance of sports and indirectly undermine its evolution and emerging industry.

Sports can help increase economic prosperity, provide employment opportunities and contribute to the growth of a nation. It has helped to provide employment for the youth in the country. Through sports, people do not need to depend on the government always for survival. Azumah Nelson as one of the greatest boxers in Ghana and worldwide did not have a good educational background but earned a lot of money through his talent.

When Ghana hosted the WAFU Cup of Nations last year, it brought a lot of money to the country. Hawkers made a lot of profit, hotels and stadiums were renovated.

Asamoah Gyan the captain of Ghana black star was recognized during his secondary school.

This proves that when facilities are being built in our junior and secondary schools, it help improve their talent which will help the growth of our economy.

Most of these talented students will bring a lot money into the country. An example is Asamoah Gyan who is now one of the richest player in Africa.

He has invested in the country with his money which will also create jobs for others. Water factory, a music band and an aircraft are some of the things he has built or achieved. Aside the direct economic contributions of sports to the economy, its indirect contributions equally go a long way to improve productivity and the economy of Ghana as a whole. When workers are refreshed by releasing stress through the enjoyment of sporting activities, they become more productive.

Last year, we witnessed the continuous degradation of Ghana sports which affected the economy of Ghana. The senior team of the country black star couldn’t make it to the world cup and also the local black star couldn’t qualify for the CHAN tournament hosted in Morocco and so on.

Through sports in Ghana, 14.85% of players are employed in the Ghana Premier League from which 84 of them are in playing in foreign countries. Apart from the players, Nurses, Doctors, Cleaners, etc. are also employed. A lot of contractors, painters, masons, plumbers, electricians, and other minor works got employed during the last year WAFCON hosted in Ghana.

During the WAFCON last year traders or hawkers who rush to sell in the stadium never complained of a bad day. Drivers who conveyed spectators to the various stadiums also made a living out of it.  Things moved smoothly for them. Last year about 368 players 16 coaches, a lot of referees who did other job besides refereeing were also employed.

When tournaments are hosted in the country, it pulls foreign investors who use that opportunity to survey the country. It also creates revenue for the country. Production in the country improves or increases because things will be sold and bought at a fast rate.

”Sports is business’ “Sports is big business” and ”Sports is an emerging industry” “so we should take it serious”.  Don’t rejoice when Ghana’s sports is declining, it will go a long way to affect you. We usually push the blame on some few people, but all of us have a role to play. How many of the youth hate Ghana sports but crave earnestly for that of foreign countries? Together we can make Ghana sports better. No foreign nation will come and do that for us. Maybe your money can’t buy your patronage can. Don’t say GHANA SPORTS, SAY OUR SPORTS.

This article has 0 comment(s), give your comment

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: accraafricaAfrica Cup of Nationsasamoah gyanAssociation footballathleticsbasketballcaptaincricketCup of NationsEconomic Community of West African StatesfootballGeography of AfricaghanaGhana national football teamGhana Premier LeagueGolfhockeyMoroccoplayerPremier Leaguerugbysportstennisthe World CupWater factory

Related News

The Top Young Players to Watch in the Premier League

The Top Young Players to Watch in the Premier League

by ghanastar
July 14, 2020
0

The 2019/20 English Premier League season comes to an end this July, with Liverpool already confirmed champions. Despite the unprecedented...

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

by ghanastar
July 14, 2020
0

Ghana forward Caleb Ekuban scored in the match with Denizlispor but it was not enough as Trabzonspor succumbed to a...

African NFL Players You Need to Know

African NFL Players You Need to Know

by ghanastar
June 12, 2020
0

The National Football League is the pinnacle of American football and a massive industry in the United States. The league...

Jerome Boateng Will Be a Part in Bayern Munich’s Winning Future

Jerome Boateng Will Be a Part in Bayern Munich’s Winning Future

by ghanastar
June 1, 2020
0

As rumours circulated surrounding the future of Bayern Munich’s key central defender Jerome Boateng, the man himself sets the record...

Next Post

Barima Atuahene Assures NCC's Support To Hearts of Oak Players In Cape Coast

Watch Eric Gawu's Sublime Header In Dreams FC's Draw With Hearts of Oak

Trending News

Emma M’eni Nwu, Emma M’atamfo Nsere Me(Kyere Me W’akwan)

August 20, 2016

Ewurade, No Ne Me Edi No Yie (Adom Wura)

August 20, 2016

Kept By The Power Of God

August 20, 2016

About

Read today's latest news headlines from Ghana and Africa. Stay up to date on local business, sports, crime, politics, arts, culture, and more.

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Ghanaian Woman Gives Birth to Baby Boy on United Airlines Flight from Ghana to U.S.
  • Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com